Gm. The Godfather of AI just dipped from Google. ChatGPT is crushing the #1 website for students to cheat. AI just won’t stop!

Monday’s poll was frickin close!

But my favorite Apple won!

“PC and Droid. Fits all my needs.” Say more. What can’t Apple do?

“While some androids possess superior photography devices, it’s impossible to deny the social suicide that comes with those green text bubbles” LOL facts

“Android is for the free thinkers.” But iPhones are so pretty.

It’s Tuesday in 2023, which means that a million different things happened in AI.

Tech’s hottest sector continues to deliver with two new barnburner headlines: the resignation of Geoffrey Hinton, the Godfather of AI, at Google, and the development of semantic decoders, which is fancy terminology for AI mind reading.

Geoffrey Hinton is widely known as the Godfather of AI.

He first embraced the idea of a neural network all the way back in 1972, and in 2012, him and two of his students at the University of Toronto created a neural network that could analyze thousands of photos and teach itself to identify common objects.

That neural network is now the backbone of the AI models we see today.

But now, the AI pioneer and the mentor of OpenAI chief scientist Ilya Sutskever is resigning from his position at Google out of fears over AI’s potential for harm. Hinton’s worries include:

When somebody as immersed in AI as Hinton says stuff like “I console myself with the normal excuse: If I hadn’t done it, somebody else would have”, that is cause for concern.

AI frequently goes where no technology has ever gone before, and now, it’s doing it again.

Scientists have devised a way to use the combination of brain scans and AI to transcribe the “gist” of what people are thinking. The scientific term is semantic decoding. But over here, we call it mind-reading.

If you’re wondering why the hell people are inventing mind-reading, we promise it’s for a good cause. The goal is to help people who lost the ability to communicate, communicate. And, if you’re worried about the privacy of your inner psyche, the decoder can only be used on people who’s allowed it to be trained on their brain activity for multiple hours.

But, still, this is a freaky development.

Why should I care? A lot of people clowned the pause AI-ers as a bunch of out-of-touch boomers, but you can’t make those same jokes about Geoffrey Hinton. The future isn’t necessarily better, just different. And if the Godfather of AI is worried about the future, we should take his concerns very seriously.

Chegg is known for one thing in college: helping students cheat on exams.

Well Chegg has a new competitor in town: ChatGPT.

On Monday’s earnings call, Chegg CEO Dan Rosenweig said ChatGPT is “having an impact on our new customer growth.” The stock fell 48% Tuesday.

Chegg is fighting back though.

Chegg is apparently launching their own GPT-4 powered chatbot Cheggmate. “Students can’t be wrong when they do homework or when they learn things,” he said. “ChatGPT is often wrong, and it’s not going to be right anytime soon.”

Sounds like a tough promise, but guess we’ll see what happens.

Why should I care? Chegg is one of countless companies hit by ChatGPT. It’ll be interesting to see how this story plays out, and whether Cheggmate will really be able to live up to the hype. Correct homework every single time!!!

What else is going on?

Stat: $93.5 Billion: The amount that JPMorgan is acquiring First Republic Bank for. The rich get richer.

Rabbit hole: Exit Liquidity (Arthur Hayes)

The best resources we came across this weekend that will help you become a better founder, builder, or investor.

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Lol how did I not see this already?

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