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  • πŸ—ž Sam Altman’s Cash Aid Study: Testing Universal Basic Income in AI Era πŸ’Έ

πŸ—ž Sam Altman’s Cash Aid Study: Testing Universal Basic Income in AI Era πŸ’Έ

Key AI Developments from the Last 24 Hours

Hello, enthusiasts! 🌟 Digitize Dispatch brings you the latest, most impactful AI news, cutting through the noise. No filler, just the updates driving the future of AI.

πŸ”Ž The Latest on the AI Frontier:

  • Sam Altman’s Cash Aid Study: Testing Universal Basic Income in AI Era πŸ’Έ

  • Nvidia's China Strategy: Developing Export-Compliant AI Chips πŸ–₯️

  • Apple's Open-Source AI: New Models Rival Industry Leaders 🍎

  • Google's AI Save Feature: Enhancing Search with Personalized Overviews πŸ”

  • LinkedIn's Engagement Push: AI Advice and Games to Boost Daily Use πŸ”—

  • Nebius Emerges: Ex-Yandex Team Aims for European AI Dominance πŸ‡ͺπŸ‡Ί

  • Digital Afterlife in China: AI Avatars Recreate Deceased Loved Ones πŸ“£

πŸ’Έ Sam Altman leads largest study on no-strings cash aid as tech threatens jobs. Link

  • 3-year experiment gave 1,000 lower-income people $1,000/month, finding recipients spent mostly on basics and helped family/friends.

  • Study showed slight decrease in work hours, more leisure time, and increased interest in entrepreneurship, especially among Black participants.

  • Debate continues on effectiveness of basic income, with supporters arguing it's not a complete solution but can provide stability during economic downturns.

πŸ–₯️ Nvidia developing China-compliant version of new Blackwell AI chips amid tightening U.S. export controls. Link

  • Nvidia reportedly working on "B20" chip for Chinese market, to be sold through local partner Inspur starting Q2 2025.

  • Company's China-specific H20 chip sales growing despite restrictions, with over 1 million units worth $12 billion expected to be sold in 2024.

  • Analysts warn H20 could be banned in October's U.S. export control review, potentially through product bans or computing power/memory caps.

🍎 Apple releases open-source DCLM AI models, outperforming some competitors. Link

  • New 7B and 1.4B parameter models available on Hugging Face, with 7B model nearing performance of leading open models.

  • Models trained using DataComp project's model-based filtering technique for high-quality datasets.

  • 7B model achieves 63.7% accuracy on MMLU benchmark, outperforming Mistral-7B and close to Llama 3 and Gemma.

πŸ” Google tests 'Save' button for AI Overviews in Search. Link

  • New feature allows users to save AI Overviews to their Google Interests section.

  • Saved overviews can be accessed in a private collection in the Google Search App.

  • When revisiting saved queries, Google shows the date the AI Overview was generated.

  • Feature is currently available to users opted into Google Labs, indicating it's in testing phase.

πŸ”— LinkedIn uses AI and games to boost daily user engagement. Link

  • Platform offers AI-powered career advice and games to encourage more frequent visits.

  • Aims to increase "daily habit" usage and drive growth as revenue slows.

  • Strategy includes attracting younger users, with Gen Z as fastest-growing demographic.

πŸ‡ͺπŸ‡Ί Former Yandex leaders launch Nebius, aiming to be European AI compute leader. Link

  • Nebius emerges from Yandex's non-Russian assets with $2.5 billion in capital and 1,300 employees.

  • Company plans to triple GPU capacity in Finland and build new data centers across Europe.

  • Positions itself as a public AI infrastructure company, competing with GPU-as-a-service startups.

πŸ“£ Chinese firms offer AI avatars to 'resurrect' deceased loved ones. Link

  • Companies create digital clones using photos, videos and voice recordings of the deceased.

  • Users find comfort in AI replicas, with basic avatars costing ~$30 and interactive versions thousands.

  • Ethical concerns arise over potential emotional harm and addiction to digital simulations.

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