AI Edition - It's AI Time - 93 [16-07-2024]
AI Edition - It's AI Time - 93
Microsoft CTO Kevin Scott Thinks LLM Scaling Laws Will Hold
In a recent interview, Microsoft CTO Kevin Scott expressed confidence that large language model "scaling laws" will continue to drive AI progress, countering skepticism about diminishing returns.
OpenAI defines five 'levels' for AI to reach human intelligence
OpenAI recently shared a five-level system for tracking its artificial general intelligence progress. The levels go from what is currently available to AI that can perform the same amount of work as an organization. They may change based on feedback from employees, investors, and the company's board. OpenAI executives believe the company's AI is currently on the first level, but it is getting close to level two, where AI can perform basic problem-solving.
AI in recruiting: Tired of feeling overwhelmed by the latest recruiting trends?
Gem's 2024 Talent Acquisition Trends report dives straight into the chaos. Why are 55% of companies doubling down on AI and automation? Because they're tired of wasting time on mundane tasks. How are 68% of recruiters boosting their efficiency? By using smarter tools, not working harder.
The Managed-Service-as-Software (M-SaS) Startup Powered by AI
There is an emerging paradigm of Managed-Service-as-Software (M-SaS) startups, where AI-driven service-oriented startups build their companies according to a new business model blueprint. This requires a fundamental shift in mindset for startups to use AI, rather than to sell AI. Initially labor-intensive with low gross margins, these startups gradually shift to higher SaaS-like gross margins through automation and AI.
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