AI Can't Be Stopped
That Was The Week 2023, #4
Essays of the Week
Scale AI: Why Data Will Power the AI Revolution - Index Ventures
Generative AI: The Next Consumer Platform - Andreessen Horowitz
🧪 Using ChatGPT in the innovation process - Azeem Azhar
972 billion portfolios: How to design the optimal venture portfolio - Moonfire
Chance or deep observation: Our approach to thesis articulation - Moonfire
People always put their money in futures they predict - Rohit Krishnan
What will TV look like in three years? These industry insiders share their predictions - CNBC
Oops! How Google bombed, while doing pretty much exactly the same thing as Microsoft did, with similar results - Gary Marcus
Let Section 230 Stay - Karan Lala
Section 230 Has to Go - Bradley Tusk
Video of the Week
Marc Andreessen on how AI will revolutionize software, whether NFTs are useless, & whether he should be funding flying cars instead, a16z's biggest vulnerabilities, the future of fusion, education, Twitter, venture, managerialism, & big tech
News of the Week
Lina Khan Chalks Up Another Defeat
Private Investment Diligence and Fraud Prevention: Will New Regulations Change the Game?
ChatGPT to Become Available in Microsoft Tools According to CEO Satya Nadella
ChatGPT Passes Another Test - Amazon's Software Interview Questions
OpenAI's ChatGPT Passes Wharton MBA Exam
Why did Google's ChatGPT rival go wrong and are AI chatbots overhyped?
Sequoia reveals in filing how much is sitting in its Sequoia Capital Fund (and yes, it's a lot)
Salesforce Ventures: Only 150 Private SaaS Companies Have Hit $100,000,000 in ARR
Beyond Deep Learning with Gary Marcus
The wisdom of juries at the Elon Musk trial
Startup of the Week
Mastodon
Tweet of the Week
Samir Kaji
Editorial
AI Can't be Stopped. That much is clear. And AI is not perfect. That too is clear. But when you read (below) that ChatGPT passed Amazon's software engineer interview and then passed the Wharton MBA exam it becomes clear it is already good for many things.
Azeem Azhar writes about his conversation focused on creating a board game to play with his children. Read it. Azeem used ChatGPT over several rounds of back and forth to fine-tune an exciting concept into a very good, novel, and challenging game. It learned from its failures, prompted by his questions and responses.
There is no doubt in my mind that this technology is already good enough to augment human endeavors. In some cases replace humans, freeing up time for other things.
Moonfire, a venture platform leveraging AI has two posts this week showing how it could run almost a billion simulated exercises to create a portfolio of investments aided by human investment theses.
At SignalRank we simulated ten years of Series B investments and produced 234 unicorns from just over 1000 selections. Signalrank AI did the heavy lifting.
Andreessen Horowitz believes that consumers will use AI more and more. Index Ventures believe that data will be the power behind the AI revolution.
On the other hand, Google's flawed effort to launch Bard - its ChatGPT competitor - was embarrassing and led to stock losses. Gary Marcus discussed it below.
Where are we? We are very far from Kansas. This year will witness staggering technological advances without fixing all of the apparent limits. This is in many ways not AI yet. But it is data-driven, decision capable, conversational, interactive, useful, and in some instances a game changer.
I'm all in on cheering its progress, and I will cover it as much as is interesting here.