Leveraging AI

89 | The (AI) World Changed This Week! Everything You Need To Know About the Announcements from OpenAI, and Google

May 18, 2024 Isar Meitis Season 1 Episode 89
89 | The (AI) World Changed This Week! Everything You Need To Know About the Announcements from OpenAI, and Google
Leveraging AI
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Leveraging AI
89 | The (AI) World Changed This Week! Everything You Need To Know About the Announcements from OpenAI, and Google
May 18, 2024 Season 1 Episode 89
Isar Meitis

Is the AI revolution moving too fast for you to keep up?

With groundbreaking announcements from OpenAI and Google this week, it's crucial to stay ahead of the curve. From multimodal capabilities to seamless integration with everyday tools, AI is transforming business operations and beyond.

In this special weekend edition of Leveraging AI, host Isar Meitis shares insights from the latest Multiply AI Friday Hangout, highlighting the key news and their profound implications for business leaders.


About Leveraging AI

If you’ve enjoyed or benefited from some of the insights of this episode, leave us a five-star review on your favorite podcast platform, and let us know what you learned, found helpful, or liked most about this show!

Show Notes Transcript

Is the AI revolution moving too fast for you to keep up?

With groundbreaking announcements from OpenAI and Google this week, it's crucial to stay ahead of the curve. From multimodal capabilities to seamless integration with everyday tools, AI is transforming business operations and beyond.

In this special weekend edition of Leveraging AI, host Isar Meitis shares insights from the latest Multiply AI Friday Hangout, highlighting the key news and their profound implications for business leaders.


About Leveraging AI

If you’ve enjoyed or benefited from some of the insights of this episode, leave us a five-star review on your favorite podcast platform, and let us know what you learned, found helpful, or liked most about this show!

Hello and welcome to a weekend news edition of Leveraging AI, the podcast that shares practical, ethical ways to improve efficiency, grow your business and advance your career. This is Isar Meitis, your host, and we're going to do something a little different today. Some of you may know that I'm running the Multiply AI Friday Hangouts every single Friday at 1 p. m. Eastern. There's a really cool group of people that are now getting together every single week. And we're just discussing AI on business. We're just discussing AI at businesses. People bring stuff from their work, things they have questions about, other people help them solve it. I bring my own. Capabilities and knowledge. We just discussed progress in AI and different questions, and it's just a really cool and loose and great environment to share AI capabilities. This particular weekend was a little different because everything that happened with the news from both ChatGPT and Google on Monday and Tuesday of this week. So what I'm going to do in this episode, I'm going to give you a glimpse into the conversation we had this Friday on these news, because a lot of it is news related. These are the biggest news of the week. So it's going to be in a little different format than you're used to, but I think it's going to provide a lot more depth into some of my thoughts on some of these topics. With some participation from the audience, we had a lot of tangents that I removed by editing them out. So you don't have to listen to them, but the core that stayed is directly related to the news that was shared by open AI and Google this week. And some of the ideas and questions that people had from the audience of us doing the Hangouts at the end of the recording from this week, I will add some big news that happened in a very short format, so you don't miss some of the unique and interesting things. That happened. I hope you enjoy this format. I would actually really like to know your opinion about this once this goes live. So if you like it, let me know. And I could do more of this. As I mentioned, we're doing these hangouts every single Friday. And if you want to join these hangouts and be a part of the cool gang that actually participates in the conversation, if you have something to share, or if you just want to learn how people are implementing AI in their businesses, I Just, send me a direct message on LinkedIn. I will gladly send you a link to join this. This is nothing, secretive or it's not paid. We're just getting together to learn AI together. So as I mentioned, ping me on LinkedIn. And now let's dive to the recording and this week's news. I'll give you a quick recap of what happened this week. And then we can talk a little bit about the implications of what's coming. There were two big announcements, right? So Google announced that they're doing Google IO event on Tuesday, which shortly after they did that open AI said they're going to do a big announcement on Monday. They didn't tell anybody what that's going to be. And there were a lot of rumors. The biggest rumor was that they're coming up with a search engine, of their own because they bought a sub domain or they bought the certificate for, the sub domain search. openai. com. So then they're like, Oh, so they're doing a search thing. So everybody thought that's going to be the big announcement. some people thought maybe it's going to be the announcement of GPT 5. there were a lot of rumors across every channel you're on in the AI space. And then on like Friday before the Monday, Sam Altman, tweeted that not just GPT Not a search engine, but something we think you'll find really magical. And that was it. And then on Monday, they've announced a lot of things, but the main thing they announced is a new model that they called a GPT 4. 0 that stands for omni channel. So if you see GPT 40, it's not 40, it's 4. 0 and omni channel. And it's a model that was really trained completely multimodal and they started releasing it in like chunks and steps. So the main thing is it understands speech. Regularly, like better than he did before. It can speak back with almost no delay. So you can have a real conversation like you're having with other people or with multiple people with it in the loop. So think about inviting it to. company meetings and have it take notes and participate and give ideas. And so on literally as a person, like it talks like a regular person, you can interrupt it in the middle and it understands that you're starting to speak and it's going to listen. The ability to have an actual voice conversation with no interruption is incredible. That is already released. I think too. They think that they demo that they did not release yet, at least not to me. So if somebody has it, please don't tell me because I'm going to be really pissed, but no, tell me if you did get it is the ability to actually engage with the video so you can open the video and show it the world around you. And it understands what it's seeing and it can engage with it. And the use cases for that are basically endless because now it. understands the world. Anything from, what's going on in traffic to things you need to fix in your house or your car to how to install things to code on your computer that you can literally show it help your kids solve math problems in their notebook. Et cetera, et cetera, et cetera. Like literally arts and crafts things, whatever you can think of, it can look at together with you in real time and have a communication with you about it. And this is a complete game changer from everything that we've seen. They've also announced a desktop app for Mac. So if you're lucky, like me, and you're a Mac user, there's a Mac, native platform right now, which is, interesting for two reasons. One is they have a very serious partnership with Microsoft that is paying the bills for them, and they chose to go with a Mac application first. So that's an interesting number one. Interesting. Number two is the usability of that. You can share the screen with. The desktop app. So it can work with you, anything that you're working. So it's the same vision concept that you can do with your phone, but just with anything that you have on your computer. So you can ask it to help you with, do you have that already on your Mac? Yeah. So I installed it this morning. I didn't get a chance to play with it yet, but I have it installed on my computer. that doesn't introduce any security concerns. No, none whatsoever. I'll say something. So my next sentence. My next sentence was, is, and they, for the good of their hearts, opened all these capabilities for free. So all this stuff that was paid, including creating GPTs, including using the new model, including, creating images. data analysis, like all the stuff that used to be in the paid version is now available for free. Only with a very limited bandwidth. And when I say very limited, if you're actually using it like a business user, it's not relevant to you. So keep on paying, you get like whatever, six messages every three hours or something ridiculous like that. So it's like a try before you buy more than anything. But to me, the real reason that I think that they did it is data. If everybody's going to start sharing their screens. On their desktop apps and everybody start opening their cameras on their phones. This is the most incredible access to the real universe. Any AI company has. Other than Tesla. And because Tesla has been recording videos from whatever, nine cameras in each car for three years, but Tesla's world interface is limited to what you can see from the road. So they know how the universe around the world behaves more than any other company on the planet by a very big spread. I think the number they shared when they. The only number they ever shared is the thing. They get 3 billion frames every day. so that's Tesla. But again, that's limited to what you can see from a car. Chachi PT. Once you start using your camera and you start sharing your screen, we'll have access to everything. And so I think the play that they're telling, yes, we want everybody to have access to free Chachi PT is awesome. I'm not saying they don't mean that. But I think the real play is they will start collecting stupid amounts of data on the real universe, how people are using it, how the model is working, what data can they collect, how to analyze it, that's the play. And you get to hear it first. I'm going to talk about it in my podcast, but the podcast only goes live tomorrow. So you get to hear what I think first. I think it's a brilliant data play. The fact that they open it all for free. as I mentioned, the. use cases are literally endless. Now, the really crazy thing is that they didn't mention at all, something that they just released. I got it on my phone yesterday and no, actually even two days ago. I'm like, okay, that's interesting. So I have an Android phone and in the ChatGPT app, which I use all the time, there's now a button that looks like a little library. I'm like, Oh, I wonder what's this is doing. So you click on that it's connecting because I'm already on Android and it has access to all my Google stuff already on the phone. It opens your Google drive. So you can upload any file from Google drive straight into chat GPT. So as of today, they started rolling it out to chat GPT on the web. Now, not everybody has it yet. I have two accounts. I have one that is a team's account. And over there I have it and I have my regular business account. That is just me. And over there, I don't have it yet. And I've seen a lot of people and shattering about whether you have it or not, but the cool thing is you can connect to Google Drive and you can connect to Microsoft OneDrive. So depending on which universe you're in. So in the little, in your chat line where it has the paperclip thing to upload a file. If you click on that. It will open a menu that has three different options. If you have the feature already option number one is to connect Google drive option number two is to connect one drive and option number three is what we had before, which is the ability to upload stuff from your computer, but just that seamless connection to where we have all our files anyway, is amazing to me, the obvious next step, which I was really hoping it's doing when I saw that little folder icon, it's not there yet, but I'm sure it's coming is just Talk to the folder. Like I want to create a project folder about my project and I want to have my Excel. I want to have my proposal. I want to have all the analysis. I want to have all my products file. I want to have all of that in a Google folder and just be able to talk to the folder. There is zero doubt in my mind. That's the next step. And so it's not there yet, but this is rolling out and it's pretty. Again, mind blowing now to add on top of that, you can now upload an Excel file into chat GPT and use chat GPT within an Excel file. So it looks like, I don't know if you've seen copilot in, in, Excel where you have the actual Excel file and copilot window on the side. It's the same thing just within chat GPT. So you can use it to analyze data. It creates amazing graphs that you can actually now manipulate the graphs with a chat on the side. I want to change this to blue. I want this to be, it's like everything that Microsoft is doing on the co pilot side, they just built into ChatGPT itself. And you can just upload files straight from your folders and start manipulating them there. it's. Absolutely mind blowing, like my head spinning with ideas and things that I have to try this weekend. And I can't because I have three kids birthday parties, Israeli dependence day party. And there's so many things happening, but I'm like, I'm not going to be sleeping a lot in the next three days. I'll tell you this, lots and lots of new stuff to play with. So this. All this craziness. So everything is free, but limited free new model that does amazing things as far as engaging with the real universe, including the capability to actually have human like conversations with it on anything, video access from your phones to this, which I haven't seen anybody that has yet. Desktop that a desktop application that I already have that can see your screen and share and learn and help you with anything you're doing. And, the ability to connect to Google drive. All of that was announced on Monday. Tuesday was Google IO, right? So this is when Google released all their stuff and same kind of fit. It's like the amount of stuff they announced is insane. So they're changing. Everything to be AI focused. They are so search. I don't know how many of you signed up to have the AI based search in Google. I've done that as soon as it was possible. So I've had it since, I don't know, probably late last year when they announced Gemini, maybe. No, I think it was even before they announced Gemini. so I've been using it for a while, but it's getting better. So now I think it's built in for everybody. You don't have to sign in for anything and you get like the AI result first before you get all the search results, which basically means you don't have to click on anything because instead of giving you a thousand different options to go research on yourself, it gives you the answer. And you can follow up with follow up questions and so on. So very similar to what perplexity is doing, on their platform. and it's working well, I've been using it for a while and it's very helpful. The other thing that they've announced is they're going to embed this into Android phones to be able to chat with everything, going back to the question, Oh, what about security? Do everything on Android. So they're adding the AI layer, the Gemini layer, not as an app, but as an OS feature, meaning it can work with Android. Regardless of what you have, you can open Gemini and it can interact with what's on the screen at that moment. So the same concept that we've seen from ChachiPT doing to desktop and the same thing that Microsoft is going to do with everything, Windows, Android is going to have built into Android. Again, security, different question. from my perspective, Google knows. everything about me anyway, because I'm in the Google universe for business. I'm in the Google universe in my personal life. I have an Android phone. I've got a Google home thing. Like they know which underwear I wear every day. I think it's at that level. So I really don't care at that point because they know everything that I do. And I use Google login for everything. Probably 50 percent of the stuff that I'm logging into. So they know everything about me anyway. So if there's anybody I'm going to give access to, it's them, because I, at that point, it doesn't really matter anymore. so that's another very interesting thing. They announced, they have a similar thing. So they announced project Astra, which is the ability to open your camera and walk around and show it stuff and have a conversation with it in a very natural way. And it will respond and remember, and in the demo, I highly recommend you go and watch some of the demos, both from, Chachi PT from Google, they're both troubling and exciting at the same time, like a lot of stuff in the AI world. both of them demoed stuff, both from a phone, as well as from some kind of a wearable. So that's. The next thing. So we all, I assume most of, Meta has a partnership with Ray Ban. How many of you knew that? Raise your hand. Some of you. Okay. So there's Ray Bans today that look like regular Ray Bans, but they have a camera and, and a microphone and a headset built into them. So you can basically share the world with Meta. I have very little doubt. This is where the world is going, which again, has, So many issues and questions that I don't even know how to start addressing. Like the most simple one is privacy. Google have the same ability now to see the world and engage with it in a seamless way. So once we're going to wear glasses or, Meta is now developing another news from this week, Meta is now developing, earbuds. That will have a camera in them. And so even people who don't wear glasses and you don't want to wear glasses all the time, unless you have to, and you don't want to wear sunglasses, Ray Bans, because it could be at night or at home, or it's going to be weird. Half the people now have earbuds in their ears all the time. So if you have that, and that has a little camera on the, on it, and it can see the world as well, then you see where this is going. And so zero night in my mind that this, where this is going, Google are very clear that this is going to be integrated into everything. They've already started creating a lot of really cool use cases where I think this is where it starts getting really interesting. So the whole concept of agents that understand what you're trying to do and can actually give themselves tasks and solve things on their own is we're starting to see the first sprouts of that. And it's going to get really wild later this year. But. let's take for a second, Google and Microsoft as an example, because these are very well defined ecosystems that we engage with all the time and think about if it has access to your emails and to your Google drive and to all your Excel files and all your reports. And all your, Google, meet communications, both chat and recorded calls, it basically knows everything about your business, everything. And then it can just ask a simple question, say, Hey, I'm getting ready for this meeting with so and collect information for me. And it will just go and collect information for you. And that will be from all the sources because it knows. Everything. the other thing that they started building in Google that they shared that again, is just follows the same concept, which I think it's just humanizing it so we feel comfortable, you can create team members that are AI, and then you give them a role and you basically say, Hey, I'm going to create Tina and Tina is going to be my, project management assistant on this project. And you give her access to specific things, and you give her access to the slack of that project and you give it access to, you invite it to all the meetings and so on, and then it can take actions on anything you need in the project. Summarizing things, creating statuses, creating Excel files, sending invoices, like literally anything you need. This is available later this year from Google. And again, I don't see Microsoft doing anything different this year. So the way we do business, everything we do in business is going to have an AI entity infused into it, which on one hand is incredible from an efficiency perspectiVe. most people need somebody to know everything that they're doing and be able to pull stuff together very quickly for them when they need it. And the direction is very clear. And the speed is not something that any business. Is ready to deal with, because even just the announcements again, this week. Are mind blowing. This is this week. We like they keep on developing and deploying stuff all the time. GPT five is not out yet. There's, the Apple worldwide developer conference coming up. Next month, I'm sure they're not going to stay silent. And so we're walking into a universe where AI is going to be part of literally everything we do. And I think the spread between the people who understand it and can capitalize on it and can run fast with it to those who are still, yeah, I don't really know, I haven't tested it yet. I know it is going to grow so fast. That it's going to be very hard to close like in three, four years, everybody's going to close the gap, but the opportunity to right now do things that are literally magic, magic. Just think about on anywhere you are on Google, I'm just a Google user, but it's going to be the same thing on Microsoft and when you, where you are in the Google universe, you can ask any questions about anything and you will put together an amazing summary for you. They showed something, like not a business, but a personal thing of it. I'm like, Oh, let's plan a trip. And she basically says, okay, we're a family of four. We're going to this and that destination. my son likes sushi and my son like art and my husband like sushi, something like this, you can find my hotel reservations and my flight reservations in my, Gmail, please plan a two and a half. No, please plan the trip for us. And then he knows it's two and a half days because it has the flights. And so it literally builds an agenda for two and a half days based on sushi and art. And then it says, on the second day we want to do this. So everything switches around and it's these kinds of things. But now you take this to the business world where it knows everything about everything. And you can ask any question and create any report and generate any email and draft any agenda and follow up, like literally the work of business. Will be done by this machine way more effectively than we can ever compete with. And then the question we have to ask ourselves, two questions is one, how do we implement it in our businesses in a way that doesn't break it? And B, what do we do with the people? Cause that it's a question I was asking about like 2025 and it's becoming a 2024 question and answer. As I saw everything that's going to get deployed now. So very exciting, very scary, all at the same time on steroids. Any questions after this? And you weren't talking about this yet. what do we do with the people? I was just thinking yesterday, I can't remember what I was doing. It was doing some AI things. And, oh, I watched your podcast because you would, that woman was talking about that product and, it was things that I had already thought about, like creating a GPT for HR, creating a GPT for, program management, all the documents and training things and just, for our software and these kinds of things. And, and I was just thinking in my head, like admin roles can already be gone essentially. with just what we already have with AI. and, is anyone, talking about it? Is anyone thinking? I know everybody's scared. We're all afraid of it. But, who's actually talking about what we're going to do with the people? I don't think anybody has a good answer. I don't think anybody important enough is raising big enough flags. If you want to touch on news and to show you how much this is not the main focus. Jack Schumer just released a paper about where they want to take this from a legislation perspective. And it's like a high level umbrella kind of conversation right now. It's still not anything, but the safety aspect of this is number three. Or four on the list, And none of it talks about this. Like he talks about safety concerns of this can hurt our democracy because deep fakes, and it can impact our elections, which is the core of how this country runs, right? Okay. And then he talks about, chemical weapons and biological weapons and stuff, but he doesn't talk about what do we do if next year there's a 30 percent unemployment of people who are making between 150, 000 to 500, 000 a year. What do we do? Nobody has a clue. Haven't we seen this before though, with, jobs being sent out over the internet for like transcription and, there's already been so much of this with the, Fiverr and being able to take jobs that would normally have a full administrative person local and just being able to be sent out over the internet to anyone. that's going to hit those kinds of people. what would you call those? offshoring of jobs pretty heavily. So I'll go ahead. one thing I was thinking about was when you said that Jonathan was just, we saw, in 2020, what happened when everybody stopped being able to work and, the impact that had everywhere. but that was something that most economies have tried to bounce back from. This isn't something like that, where It's not like AI is going to go away after a few years and, and companies are going to start opening and people are going to start going back to work. yeah, I want to say two things in addition to, to what Danielle said, and it is, one is speed. So if you think about, let's go further back in time, like there were other revolutions, right? Industrial revolution, and then electricity evolution, and then the internet revolution, and then mobile, like each and every one of those, a lot of jobs away, like the industrial revolution before this, we're doing everything by hand, work a farm. You needed 60 people. And now you need one guy with a tractor and he can do the same work. But it took 200 years. Now let's take it to okay, that was 200 years ago, but let's look at the internet revolution, right? The last really big one that we had, I always give that example. And some of you might've heard it the first time I connected to the internet, I remember that day vividly because it was the most underwhelming experience of my life. My roommate at the time brought this device to our house and I was living in Tel Aviv and he's I brought this thing. It's going to be awesome. what is it? it's a modem. okay, but what is it? okay, allow us to connect our computer to the internet. What's the internet? It's I don't know, but it's like a new exciting thing. And it's we got to get on the front of this. I'm like, okay. we made dinner, I had dinner and then connected the thing. And, he went, those of you who are old enough, remember that. And after whatever, two minutes of this, we got like a little prompt, like a DOS triangle thingy on the top left corner of the screen. There was no user interface for it yet. We're looking at this, I'm like, okay. So now it's I don't know. And that was it. that was my first time connecting to the internet. And that was, I think, 93. The first time I got an email address, my first, Hotmail email address I got in 99 when I went backpacking in Latin America. That was seven years. Later. So in seven years, I went from connecting to the internet for the first time to having an email address. Forget about this, that I can see what satellites are doing and all over the, so it took a very long time, which meaning building new jobs that are a necessity of every new thing was running in parallel to losing jobs. And in some cases, actually faster in this case, there are two major differences. Major difference. Number one is speed is insane. Like nobody, not a single organization in the world can deal with what's coming. And two is how wide it is. This is not. A specific role, a specific niche, a specific industry, a specific title, a specific level of education. This is every knowledge work. Literally every knowledge work will be able to be replaced by some kind of an AI machine within the next two to three years. Now add to that, the fact robots are coming shortly after. These humanoid robots that you don't, and people like, why do we need humanoid robots? Why not build a robot for a specific task that is more well built than 10 fingers and four limbs? Like why? And the reason is all the machines we have, all the stuff we have, all the universe we live in, we built for us. So if you build a humanoid robot, it can replace any job that a human is doing, because it doesn't have to be customized to how to do this thing in a factory. You can build the same robot and it will do anything that we've built interfaces for. Now, over time, that will change the internet. As we know it, I'll go back to search. We are not going to search the way we're searching right now. Some of us already don't like I don't, but what does that mean? Do we need websites anymore? Probably not sure. And if we need websites, they need to be optimized. For these robots and not for me, not for humans, I'm not going to go to the website. You go to the website, do the research, come back, tell me what I need to know. What do you think about paid search? I've been trying to figure that out. Like what's going to happen to paid search? Google owns that now. Is that going to dissipate or not be necessary or something else? To me, that's the biggest financial question of our generation. They don't. Google makes, I don't remember the exact number and Joyce can probably find it in two seconds or one of you. I think they make around close to 50 billion, a quarter from search, close to 50 billion every single quarter. That's what makes Google doesn't exist. Forget about Google alphabet, like all the other companies, all the cool stuff that they're doing makes 1 percent of the revenue probably cost them 20 percent of the capital they're investing and. Without paid search, there's no Google. So they're making a really big bet. The biggest bet. Any company. ever made in the history of companies, but they don't have a choice. They were trying to delay this as long as they could. And they did, they sat on the sidelines and Yeah, gave us some stuff, but they understood, I think very clearly that perplexity is out there with a tool that competes with them. Microsoft is going to put something that competes with them. ChatGPT is going to put something that competes with them. and then a few other startups that are doing similar things. And all that needs to happen for Google to lose 25 percent of its value, which I don't even know what that number is, but it's a really big number is for them to lose 5%. Of their current dominance in world search. That's it. If they lose 5%, 5 points of their, whatever, 82 percent of global search from a share value perspective, they're fucked big time. And so I think they understand they don't have a choice. You said something, Danielle? Oh, I said they're not the only one that's fucked. The market's fucked. It's Google. Oh, yeah. it's like we're walking into a territory that nobody knows how it looks like. No. There's also the question about, news media. if your agents can just go out there and bring in the news for you, who's going to go to a news site and then the entire advertising for all news sites collapses as well. Yeah, there's, again, there's so many dominoes that are starting to fall. And then what are the dominoes are going to knock down again? I don't think anybody knows to me, the biggest concern from an economical perspective is unemployment. We've never had ever high rates of unemployment on the top jobs in the market, when companies need to lay people off, they lay off one executive, two VPs, three CEOs. And 12, 000 other people, it's going to be the other way around the people who drive the economies of the world. It's not just the U S. The people who drive the economies of the world because they have the biggest spending power are going to be out of a job. And now you're asking, Oh, so what job do we create for them? And nobody has an answer yet because these hasn't revealed themselves yet. Now, do I think it will come based on every other time it happened in history? It will come. I just think it will take a much longer amount of time for it to reveal itself. And then we have a very long period in which we'll have to figure it out. And that's not going to be pretty. Again, that's my personal thoughts. I don't have a crystal ball. I really hope that I'm wrong. By the way, the other question that we need to ask is education. I have three kids. One of them is a junior in high school. She'll be a senior next year. What does she need to go to for college? what did, what do I tell her to go study? Have you heard anybody asking that question? what colleges need to teach? What high schools need to teach? What middle schools need to teach? Did you see that Duolingo stock took a massive, a big drop after the announcement of, Of 4. 0, because you can just talk to 4. 0 and it'll teach you a language. So who needs to do a lingo? The amount of businesses that are going to go out of business because the big AI companies will just do everything is it's going to be probably the biggest erase of capital in history. And it's already starting to happen because so many companies Are doing something that this thing now can do better, faster, cheaper, blah, blah, blah. and this is why it's still expensive. Like the amount of compute that it requires to build and the amount of computer requires to run is still really expensive, but that's going to go down. Like Google's announcement. I don't know how many of Pricing of these two to run inference with these models. So inference is how much it costs you to generate stuff. So not the inputs you give it, but what comes out of the models. It's called inference. The cost of inference, very open source models around the small open source model, around 12, 15 cents for a million tokens. So 700, 000 words, the average open source are around 25 cents. The closed sourced ones are in dollars already. And so if you're looking at ChatGPT 4, it's I think 10 for inference. And if you're looking at Anthropic Cloud 3 Opus, so their biggest, largest model, it's 70 compared to the small open source models at 12 cents. Now, again, 70 for a million tokens. So paying 70 to generate 700, 000 words. It's not a lot of money. It's still cheaper than any employee on the planet. So even if that was the cost, it's way worth it than hiring somebody. But the price is going to go down now. So when Google did their announcement on Tuesday, they're releasing their most capable model. Gemini 1. 5 pro inference is going to be. 7. If you're running really large proms, three and a half dollars, if you're running really small proms and they have a smaller, faster model, they call Gemini 1. 5 flash. And that's going to be like 35 cents. and ChatGPT did the same thing, right? Prices are going to go down dramatically. A, because the companies who build the models themselves will figure out better algorithms to be more efficient. B because the tech is like the hardware is getting better. how many of Grok, not the model by, Elon Musk, but Grok, the hardware company. So there's a hardware company that is private. And if there was a way to invest in them, I would, they created a completely new architecture of chip that they call LPU language processing unit instead of GPU. And it runs between 10 and a thousand times more efficient than the latest GPU by Nvidia on inference. So Nvidia still rules from a hardware perspective when it comes to training models, but they are significantly more efficient when it comes to inference. When it comes to running model, how many you've heard of liquid AI? Liquid AI is another private startup that either was a way to, to put money into them, I would, is a startup that was founded by several brilliant people, PhDs from MIT, and they've developed AI platform that is not transformer based. So the entire architecture of every AI thing that we know right now on the text and language side is built on an architecture called transformers that Google researched and invented and share with the world in a transformer paper back from 2017. And literally everything we know is based on that. they've developed something else. It's not transformer based, a completely new concept of AI. And it scales. Significantly more efficient and it runs with significantly less compute and it has significantly larger context windows. And so there's many different ways, both on the efficiency on the computing side, as well as the algorithms, as well as the architecture, like everything is going to become significantly cheaper. And then the question is how good is the product? Is it well integrated? Does it help me solve my needs in an efficient and effective way? this is going to be the difference between all these different models and not the cost, because the cost is going to be negligible So this is the end of the recording from our AI hangouts. After that, there was a lot of q and a and discussions about people and what they're doing in their companies, which is less relevant for the podcast. And now I want to give you some additional news, big news that happened this week. Two of them are directly related to real world implications of AI. So Google DeepMind, research group that is leading the development of AI within Google, released AlphaFold3. It's a groundbreaking AI system that can predict the 3D structure of proteins of live matter. And it can do it in a level of accuracy that is as accurate as x rays and cryo electron microscopes. So this is a complete revolution of how scientists and researchers can look into how Life is built, the actual Legos, the building blocks of life. Now, the amazing thing, it can get this level of accuracy of proteins that build live matter in minutes, a task that used to take months up to this capability. This obviously has direct and profound implications on drug discovery, disease research, and just understanding the fundamentals mechanism of how life is built. And this is already released and available for researchers around the world. Those of you who know a little bit about Demis Hassabis, who is the person who's leading the charge in DeepMind, he has very deep belief that this can change life on earth for the better. And most of his research goes down to that path on how we solve big problems and for our planet. On a completely different aspects of practical implementation of AI. Why mow the autonomous rile hating service that is owned by Alphabet, which is the Google mothership, has achieved a very interesting milestone this week. They just surpassed 50, 000 paid trips a week. Per week in the cities. They operate like Phoenix, San Francisco and L. A. So these are driverless cars that are picking up paid passengers in three major metropolitans in the U. S. And they are getting more than 50, 000 trips a year. Every week, this tells you where the world is going. Like the concept of autonomous driving is not a concept anymore. It's a reality. And my assumption is we're going to see more and more of these and not too far in the future, we'll see very few, if any human driven cars on the main roads, it's going to be significantly safer, it's going to be significantly less dangerous. Pollution and traffic and so on, because we're just going to have less cars. There's going to be algorithms are going to make sure these cars are available where they need to be available at the time they need to be available at, which means less cars, less traffic, less parking issues, and so on, a completely game changer, and I don't think that's going to happen in a year or two, but within about a decade, I think the pendulum is going to shift more to that side. Off the swing. Another big content agreement was signed this week. This one is a deal between Open AI and Reddit. It will give Open AI access to everything in Reddit through their API, which means users of chat GPT will be able to get real time access. To content that comes from conversation within reddit, which is maybe the most active conversation, the most active chat room platform in the world, at least in the Western Hemisphere. I'm not exactly sure what's happening in China. And so this is another step in the direction of getting external, proprietary, highly detailed and focused content from multiple platforms into these models. Reddit already signed a similar deal with Google, and this is just showing you how powerful the content that they have, that they now have these licensing deals with both Google and ChatGPT. And the last piece of news comes from Sam Altman, obviously the CEO of OpenAI. He is now advocating and fighting for the establishment of an international agency to oversee regulation of artificial intelligence and to ensure its future safety. If the slightly doom and gloom conversation we had at the hangouts that you just finished listening to, you understand how much something like this is needed. Will he be successful? How much will it cover? Will Chinese company join in? What happens with open source groups? All of these are still open ended questions, but I'm really happy that people that are at the tip of the spear of the efforts are understanding the implications and are at least trying to take action in order to make it safer for all of us. Before I say goodbye, I want to remind you that you can help us promote this podcast and you can help other people with AI literacy by simply sharing this podcast. So pull up your phone right now, click the share button on your app. And just share it with several people, either directly on your chat platforms or post it on your favorite social media. And also, if you haven't done this so far, please rank and rate this podcast on your favorite platform, whether it's Spotify or Apple podcasts or whatever other platform you're on, I would really appreciate it. And it helps us get to more people and help them get educated about AI. So maybe together we can change the trajectory to be more positive impact than negative. So on this positive note, I will say goodbye for now. I will most likely record a much more detailed use case related episode related to all the news that OpenAI and ChachiPT released this week. And we're going to release that on our Tuesday coming show. and after that, we'll go back to our regular hosting of guests and so on. This was just a huge week with really big implications. And I want you to really understand what could be the impact of the business beyond the high level that was discussed on the AI platform. Hangouts and until then have an amazing weekend.