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xAI raises $6 billion, the end of non-competes, and bots in the boardroom

AI for Pros: Navigating the Ever-Evolving Landscape of Artificial Intelligence in Business and Employment

Author

Malcolm Frank, CEO
April 29, 2024

A Note from Malcolm

Hey there, innovators! 

Another week flies by, and the world of AI keeps churning. ‘23 was certainly the year of (annoying) AI hyperbole, but as we get deeper into ‘24 clarity is emerging. Interestingly, the GenAI movement seems to be taking a "bottom-up" approach within the tech stack. Unlike previous application-driven tech waves, semiconductors (especially NVIDIA) and infrastructure providers (like Microsoft and Google) are leading the charge. This phenomenon is akin to laying the foundation for a monumental structure. What will we build upon it, and will it ultimately serve our needs?  Who knows…but, yeesh, it’s certainly a big hole in the ground.

With that lens, here are some highlights from the past week at the intersection of Enterprise AI and work:

AI revenues start rolling in

Google and Microsoft earnings show hefty AI bets are driving growth.

xAI, Elon Musk’s OpenAI rival, raises $6 billion

Over-subscribed round includes Sequoia and Future Ventures. 

The end of non-competes?

The FTC bans non-competes. Is this good or bad for tech?

Mind-bending: Have a deep fake conversation with yourself

Reid Hoffman does just that, and it’s fascinating, impressive…and creepy. Watch here:

GenZ are losing the jobs they just got: “easily replaced”

"While these entry-level positions provide people entering the workforce for the first time with crucial experience, they are also the ones that are most easily replaced by artificial intelligence."

Tool of the Week: Originality AI

There’s been a lot of recent press on plagiarism. But what are the tools being used? Originality has quickly become a leader in the space.

Overestimating the short term, underestimating the long term

Blackstone on how AI may drive a new cycle of economic productivity…eventually.

Google introduces program to implement AI at work

Google’s AI Essentials course aims to train office workers at scale.

Spinmasters and AI

PR firms race to implement internal AI tools.

Bots in the boardroom

AI’s quickly growing role in corporate governance.

The geopolitical AI arms race gets more complex

Saudi Arabia spends big to become an AI superpower.

And one more thing…

AI in Religion

Catholic group defrocks AI priest after it gave strange answers: "Yes, my friend. I am as real as the faith we share."

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