#45: ChatGPT Business, AI Disrupts Politics, and AI-Powered Growth and Layoffs in Big Tech

Big changes are coming to ChatGPT OpenAI just announced two big
updates to ChatGPT. The first is a soon-to-be-released
subscription tier called ChatGPT Business. Designed for
enterprises, the plan will follow OpenAI’s API data usage policies.
That means user data won’t, by default, be used to train ChatGPT.
The second is a feature that now allows ChatGPT users to turn off
their chat history, which will prevent conversations from being
used to train ChatGPT. We got a startling preview of how AI is
going to impact politics In the U.S., the 2024 presidential
election season kicked off with an attack ad generated 100% by
artificial intelligence. The ad imagines a future dystopia where
President Joe Biden remains in office after next year’s results.
The images, voices, and video clips are stunningly real and were
created with widely available AI tools. And they foreshadow an
election season where AI can be used by all parties and actors to
generate hyper-realistic synthetic content at scale. At the same
time, lawmakers in the U.S. and Europe signaled this week that
they’re taking more aggressive action to regulate AI. In the U.S.,
four major federal agencies, including the Federal Trade Commission
and the Department of Justice, released a joint statement on their
stance toward AI companies. The agencies clarified that they would
not treat AI companies differently from other firms when enforcing
rules and regulations. In Europe, the European Parliament has
reached a deal to move forward on the world’s first “AI rulebook,”
the Artificial Intelligence Act. This is a broad suite of
regulations that will govern the use of AI within the European
Union. These include safeguards against the misuse of these systems
and rules that protect citizens from AI risks. AI’s major impact on
big tech companies A recent round of tech earnings calls saw major
companies like Microsoft, Google, and Meta displaying strong or
better-than-expected results—and some of that growth was driven by
AI. In Microsoft’s case, Azure revenue was up 27% year-on-year and
Microsoft said it was already generating new sales from its AI
products. Google was less specific about its AI plans but committed
to incorporating generative AI into its products moving forward.
Reports have surfaced that Meta is playing catch-up to retool its
infrastructure for AI but still saw an unexpected increase in sales
in the past quarter.  At the same time, these companies face
enormous pressure from shareholders to get leaner. Some have
conducted layoffs already, with more expected to come. And they’re
all relying on AI to capture efficiencies. We saw a stark example
of this in practice with a recent announcement from Dropbox that
they’re cutting staff by 16%, or 500 people. How should knowledge
workers think about this? What steps should we be taking? Today’s
rapid-fire topics include Runway Gen-a for mobile, PwC invests $1
billion in generative AI, and AI and human empathy in healthcare,
Replit’s funding round, and Hinton’s Google exit. Listen to the
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