Elon Debutes AI Self Driving

Plus the Air Force's AI fighter jet project

Author

Nathaniel Whittemore
August 28, 2023

The AI Breakdown First Five - Monday August 28, 2023

Today on the First Five:

  • 5. Is the ARM IPO the Next AI Stock Bellwether?

  • 4. Google to Leverage Compute to Try to Get Ahead of OpenAI?

  • 3. How Small Businesses Feel About AI

  • 2. The US Air Force’s AI-piloted Valkyrie

  • 1. Elon Debuts AI-Powered Full Self Driving Mode

5. Is the ARM IPO the Next AI Stock Bellwether?

Arm is an interesting company in the chip space. They don’t sell silicon chips themselves, but instead license the design of chips to others including Apple, Amazon, Intel, Nvidia and Google. Many of these companies are expanding their custom chip efforts around AI. Some see Arm’s forthcoming IPO then as a marker of AI enthusiasm, given that their core mobile market is slowing down.

Arm’s IPO will tell us how much AI hype matters

How big is Arm’s future?

www.theverge.com/2023/8/25/23844713/arm-ipo-softbank-china-mobile

4. Google to Leverage Compute to Try to Get Ahead of OpenAI?

The AI foundation model race just continues to get hotter. We’ve previously discussed Google’s plans around Gemini, but zooming out from that specific effort, it appears in general that their strategy is just to deploy the most compute of anyone else.

Google Gemini Eats The World – Gemini Smashes GPT-4 By 5X, The GPU-Poors

Compute Resources That Make Everyone Look GPU-Poor

www.semianalysis.com/p/google-gemini-eats-the-world-gemini

3. How Small Businesses Feel About AI

Global small biz platform Xero has released results of a survey of more than 3000 global small business owners around AI. They found the biggest concerns around the technology are sensitive information disclosure (41%) and data privacy violations (41%) with worker displacement coming in third at 38%. At the same time, 51% said they trust AI with identifiable customer info and 45% trust it with sensitive commercial information.

Majority Of Small Businesses Concerned AI Development, Adoption Is Outpacing Regulation | Crowdfund Insider

Research from Xero, the global small business platform, has revealed that 80% of small business owners are concerned AI development.

www.crowdfundinsider.com/2023/08/211967-majority-of-small-businesses-concerned-ai-development-adoption-is-outpacing-regulation

2. The US Air Force’s AI-piloted Valkyrie

While politicians debate AI regulations, military officials are diving headlong into the tech. This weekend, the NYTimes profiles what is effectively a next-generation drone project from the US Air Force around the XQ-58A Valkyrie, an experimental pilotless aircraft piloted by AI.

1. Elon Debuts AI-Powered Full Self Driving Mode

Self-driving cars are one of the areas where AI is likely to become commonplace, and a demo this weekend from Elon Musk showed how systems are being redesigned with AI. Check out the livestream recap and more commentary below.

BONUS: Is Meta working on Llama 3 and 4 already?

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Signing off from the future’s past - NLW