Lifeboat Foundation

Hindenburg Research accuses the group of being the “biggest con in corporate history.”

U.S. investor Hindenburg Research has released a report and a statement accusing Indian conglomerate Adani Group of being the “biggest con in corporate history,” according to a report by the research group on Tuesday.

Adani’s fortune dropped by more than $22 billion to around $97 billion in the first trading hours of Friday, 27th January 2023, as per the Forbes Real Times Billionaire Index.

Continue reading “Hindenburg report crushes Adani empire: $52 billion evaporate in a week” »

It was one of the teachers of the school’s engineering program who suggested that their classmates could help him by developing a robotic hand.

15-year-old Tennessee boy Sergio Peralta now has a robotic hand, thanks to his classmates. A group of high school students designed a robotic hand for their newcomer.

“In the first days of school, I honestly felt like hiding my hand,” he said to CBS News.

Continue reading “Tennessee high-schoolers build prosthetic hand for classmate in need” »

By now you have probably heard about ChatGPT (and used it!). Even to those familiar with AI tools, ChatGPT generated a wow moment. Perhaps it is the sheer breadth of possible applications, the accessibility, or the ease of use. In any event, people are scrambling to figure out what it means for them and their businesses. There appear to be three main reactions to date — ignore, ban (with or without detection), or embrace. While completely understandable as short-term reactions, the first two are not intermediate or long-term practical. The technology is too powerful, too easy to use, and too helpful to too many people.

What does ChatGPT mean for how we consider human intelligence? The key to benefiting from these technologies is to better understand what humans are capable of.

According to the Financial Times, investments in generative AI in 2022 exceeded $2 billion. OpenAI’s valuation for a potential sale of some shares was set at an impressive $29 billion by the Wall Street Journal. Clearly, this indicates the enormity of interest from investors and corporations in generative AI technology. As the world continues to embrace technology and automation, businesses are beginning to explore the infinite possibilities of Generative AI. This type of Artificial Intelligence is on the cusp of creating autonomous, self-sustaining digital-only enterprises that can interact with humans without the active need for human interaction.

Generative AI is quickly becoming more widely adopted as enterprises are beginning to utilize it for a variety of tasks, including marketing, customer service, sales, learning and client relationships. This type of AI can create marketing content, generate pitch documents and product ideas and craft sophisticated advertising campaigns – all custom driven to help improve conversion rates and drive more revenue.

Generative AI companies are beginning to see massive success in venture capital, with many raising large sums of money and achieving high valuations. As per TechCrunch, Jasper, a copywriter assistant, recently raised $125 million at a $1.5 billion valuation, while Hugging Face raised $100 million at a $2 billion valuation, and Stability AI raised $101 million at a $1 billion valuation. In addition, Inflection AI raised $225 million at a post-money valuation of $1 billion according to TechCrunch. These successes can be compared to OpenAI, who in 2019, received more than $1 billion from Microsoft in funding with a $25 billion valuation.

Although not yet released due to copyright issues.

Google researchers say MusicLM is based on a model generating high-fidelity music from text descriptions such as “a calming violin melody backed by a distorted guitar riff”. You can find the details on GitHub.

This article discusses the risks of Generative AI in the Music Industry and puts a spotlight on Google, MusicLM developments and encourages leaders in the music industry to think harder about the future of their industry.

Continue reading “Is Google Displacing Musicians With Its New Generative AI System: Music LM? (Part 1 Of A 2 Part Series)” »

My last article focused on the recent announcement of Google’s MusicLM, although not accessible to the public, due to copyright issues, it does give one new insights that AI is disrupting the value of human talent in the musical field.

Music has been core to humankind for centuries with the first piece of music, a Hurrian Hymn, discovered in the 1950s on a clay tablet inscribed in Cuneiform text. It’s the oldest surviving melody and is over 3,400 years old. Songs are human’s way of communicating stories and encompassing everything we know of as humans.

This article continues to explore the impact of AI on the music industry and looks at some of the pros and the cons, reinforcing the need for increased legal frameworks and copyright protections for musicians.

Continue reading “Impact Of AI On The Music Industry (Part 2 Of A Two Part Series)” »

Last week, I attended a community event, that Collective Forecast organized where Yann LeCun was the guest speaker. The session was attended by leading experts in AI, ML, CEOs, journalists, and company representatives who simply wanted to hear what was on Yann’s mind. The session was jam packed with everyone engaged and cherishing each word.

Yann is is well known for his work on on convolutional neural networks (CNN), and is a founding father of convolutional nets. Yann received the 2018 Turing Award (often referred to as “Nobel Prize of Computing”), together with Yoshua Bengio and Geoffrey Hinton, for their work on deep learning.

This article summarizes a recent discussion with Yann LeCun discussing why ChatGPT3 is not revolutionary and why AI is not as Smart as a Cat.

Continue reading “Why Meta’s Yann LeCun Is An AI GodFather And Why ChatGPT3 Is Not Revolutionary” »

Can lightning strike twice? That’s apparently the question being raised today with the public introduction of the next social app built by Instagram’s co-founders, Kevin Systrom and Mike Krieger. The duo have launched a new venture to explore social apps, according to a report published in The Verge, which includes the debut product Artifact, a personalized news reader.

The app itself is not yet publicly available but offers a waitlist where interested users can sign up. As described, it sounds like a modern-day twist on Google Reader, a long-ago RSS newsreader app that Google shut down back in 2013. Except in this case, Artifact is described as a newsreader that uses machine learning to personalize the experience for the end user, while also adding social elements that allow users to discuss articles they come across with friends. (To be fair, Google Reader had a similar feature, but the app itself had to be programmed by the user who would add RSS feeds directly.)

Artifact will first present a curated selection of news stories, The Verge’s article notes, but these will become more attuned to the user’s interests over time. Some of the articles will come from big-name publishers, like The New York Times, while others may be from smaller sites. Other key features will include comment controls, separate feeds for articles posted by people you follow alongside their commentary and a direct message inbox for discussing posts more privately.

Will it? Only time will tell.

The popularity of ChatGPT, the online chatbot built by OpenAI, has brought many to question the survival of search engines such as Google. Paul Buchheit, the creator of Gmail, has also dropped his opinion on the matter, and he thinks that Google’s business will last a maximum of two years, he tweeted.

Launched in November last year, ChatGPT has become the favorite destination to ask questions among millions of users. Instead of delivering a response to a search result that runs into tens of pages, ChatGPT answers the questions in a conversational style, making it easier for the user to ask follow-up questions, too.

Continue reading “Gmail creator says ChatGPT will destroy Google’s business in two years” »