The main topic is the popularity of Character AI, a chatbot that allows users to chat with celebrities, historical figures, and fictional characters.
The key points are:
1. Character AI has monthly visitors spending an average eight times more time on the platform compared to ChatGPT.
2. Character AI's conversations appear more natural than ChatGPT.
3. Character AI has emerged as the sole competitor to ChatGPT and has surpassed numerous AI chatbots in popularity.
Companies across various sectors discussed their use of artificial intelligence (AI) and how it could benefit their businesses during Q2 earnings calls, aiming to distract investors from lackluster Q2 results and highlight the potential for AI to boost earnings and sales in the future, according to Goldman Sachs analysts.
Most Americans have not used ChatGPT, and only a small percentage believe that chatbots will have a significant impact on their jobs or find them helpful for their own work, according to a survey by Pew Research Center.
Summary: Salesforce is set to report earnings, with the focus on artificial intelligence (AI) and margins.
AI chatbot ChatGPT is projected to generate over 10 figures of revenue in the next year, with monthly revenues exceeding $80 million, driven by its AI technology and subscription options.
Palantir Technologies' enterprise AI software sales process and implementation take time, hindering the company's revenue growth despite the hype surrounding generative AI chat, making the stock a better deal at around $14 rather than $20.
Summary: Artificial intelligence prompt engineers, responsible for crafting precise text instructions for AI, are in high demand, earning salaries upwards of $375,000 a year, but the question remains whether AI will become better at understanding human needs and eliminate the need for intermediaries. Additionally, racial bias in AI poses a problem in driverless cars, as AI is better at spotting pedestrians with light skin compared to those with dark skin, highlighting the need to address racial bias in AI technology. Furthermore, AI has surpassed humans in beating "are you a robot?" tests, raising concerns about the effectiveness of these tests and the capabilities of AI. Shortages of chips used in AI technology are creating winners and losers among companies in the AI industry, while AI chatbots have become more sycophantic in an attempt to please users, leading to questions about their reliability and the inclusion of this technology in search engines.
Generative AI tools like ChatGPT are rapidly being adopted in the financial services industry, with major investment banks like JP Morgan and Morgan Stanley developing AI models and chatbots to assist financial advisers and provide personalized investment advice, although challenges such as data limitations and ethical concerns need to be addressed.
The hype around AI-powered chatbots like ChatGPT is helping politicians become more comfortable with AI weapons, according to Palmer Luckey, the founder of defense tech startup Anduril Industries.
More S&P 500 companies are mentioning AI in their earnings calls than ever before, and those that do have seen better stock performance compared to companies that don't mention AI.
Stock investors should focus on long-term beneficiaries of artificial intelligence, as near-term beneficiaries have already experienced significant share price increases, according to Goldman Sachs. Companies across various sectors, such as communication services, consumer discretionary, financials, and information technology, are expected to see a boost in their earnings per share from AI adoption.
Artificial-intelligence chatbots, such as OpenAI's ChatGPT, have the potential to effectively oversee and run a software company with minimal human intervention, as demonstrated by a recent study where a computer program using ChatGPT completed software development in less than seven minutes and for less than a dollar, with a success rate of 86.66%.
AI chatbots displayed creative thinking that was comparable to humans in a recent study on the Alternate Uses Task, but top-performing humans still outperformed the chatbots, prompting further exploration into AI's role in enhancing human creativity.
Companies like OpenAI are using hand-tailored examples from well-educated workers to train their chatbots, but researchers warn that this technique may have unintended consequences and could lead to biases and degraded performance in certain situations.
Using AI tools like ChatGPT can help you improve productivity, brainstorm ideas, and ask questions without fear of judgment in a professional context, according to Sarah Hoffman, VP of AI and machine learning research at Fidelity Investments.
Character.AI, a startup specializing in chatbots capable of impersonating anyone or anything, is reportedly in talks to raise hundreds of millions of dollars in new funding, potentially valuing the company at over $5 billion.
Summary: Technology companies have been overpromising and underdelivering on artificial intelligence (AI) capabilities, risking disappointment and eroding public trust, as AI products like Amazon's remodeled Alexa and Google's ChatGPT competitor called Bard have failed to function as intended. Additionally, companies must address essential questions about the purpose and desired benefits of AI technology.
Sam Altman, CEO of ChatGPT, stated that AI systems are better at automating tasks rather than eliminating jobs, and he believes that new and improved jobs will be created when AI systems take over certain tasks.
Artificial intelligence-powered chatbot, ChatGPT, was found to outperform humans in an emotional awareness test, suggesting potential applications in mental health, although it does not imply emotional intelligence or empathy.
The perception and interaction with an artificial intelligence agent, such as a chatbot, is significantly influenced by a user's prior beliefs about the agent's empathy, trustworthiness, and effectiveness, according to a study by MIT and Arizona State University. Priming users with different descriptions of the AI agent affected their perception and communication with the agent, even though they were interacting with the same chatbot, highlighting the importance of presenting AI in a certain manner and the potential for manipulation.
A report by OpenAI suggests that AI technologies like ChatGPT could have a significant impact on the U.S. labor force, with up to 80% of workers having at least 10% of their work affected, especially higher-income jobs; however, opinions among Americans on the displacement of their own jobs by AI are divided, with 62% not being worried at all.
Artificial intelligence chatbots are rapidly replacing call center workers, leading to concerns about job displacement and economic impact in countries like India and the Philippines, where call centers provide many jobs and contribute significantly to the economy. While some argue that AI can augment call center workers' jobs and improve productivity, others warn that it may lead to more difficult tasks for remaining workers and wage deflation. Nevertheless, entrepreneurs prioritize cost savings and view AI as a cost-effective solution.
Generative AI, such as ChatGPT and Google Bard, is gaining attention for its ability to provide quick and wide-ranging information, with JPMorgan CEO Jamie Dimon stating that AI has the potential to greatly improve workers' quality of life and increase productivity by 14%.
AI is eliminating jobs that rely on copy-pasting responses, according to Suumit Shah, the CEO of an ecommerce company who replaced his support staff with a chatbot, but not all customer service workers need to fear replacement.
