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- 🤖 Wall Street's Crush On AI
🤖 Wall Street's Crush On AI
PLUS: AI Gets An Alien Signal
What's up? You're reading Inclined.ai. Don’t forget to drink some water this morning.
Here's your AI hydration lineup:
Companies that embrace AI are getting love from Wall Street
AI is helping look for Extraterrestrials
Tom Hanks is getting an AI touch up for his next film
San Francisco is back? Or maybe real SF was the friends we made along the way
Wall Street Can’t Stop Hyping Up AI
Over the last month, publicly traded companies that dipped into the AI frenzy have been consistently rewarded with stock price increases and goodwill from investors.
BuzzFeed is chief among them. The former media darling announced a partnership with OpenAI to help create their famous quizzes.
Their stock rocketed over 300% last week. Even if you don’t know much about stocks, that’s a BIG number; like Joey Chestnut’s belly after an eating contest BIG.
BuzzFeed Isn’t the Only AI Benefactor
C3.ai is the lucky owner of the $AI ticker on the New York Stock Exchange. So yeah, their market cap has been getting a nice bump ever since ChatGPT launched.
Don’t get me wrong, they actually build AI tools and recently announced some new projects. But it feels like they’re getting second-hand fame from the AI hype, not because of their efforts.
C3.aI and a host of other companies like SoundHound AI and BigBear.ai can’t sustain this benefits system forever.
Remember when every company that slapped “.com” on their name got a huge investment bump? For the Gen Z readers in the crowd, spoiler alert: things went poorly--for everyone.
That’s a long-term problem to keep an eye on, but the news around BuzzFeed and Wall Street’s hype does nothing to quell my fears.
You shouldn’t panic but stay vigilant, like Batman brooding over Gotham.
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When ET Phones Home, AI Will Answer
First, I’ll nip this in the bud: scientists did not discover alien life. They taught an AI algorithm to search for radio “technosignatures,” and it found eight signals worth checking out.
Even better, this was an old dataset that the old algorithms missed. It’s a great sign for the advancement of Artificial Intelligence and its utility in scientific studies.
Which brings me to an off-topic point: what does Bill Nye think of all the new AI stuff?
Someone should ask him.
Anyway, Those Signals are Likely Rare Cases of Radio Interference
All that means is the AI did not find technosignatures, but that would be hard to do. The researchers' write up explains that finding this sign of intelligence out there is like finding a needle in a cosmic haystack.
You'll notice this is a very superhero heavy newsletter today
Still, using this new algorithm would be the right direction if I wanted to delegate that task.
Do YOU want to search for a cosmic needle in the vastness of space? Didn’t think so.
But I'll sure as hell be celebrating when we find some alien dude chilling on a planet listening to some technosignature tunes. That is as long as he's nothing like Jar Jar Binks...
Quick Nuggets
🙄 Ah, sh*t, here we go again. This writer is worried that “Go Fast and Ask Questions later” will get AI into trouble (Axios)
🌁 Cerebral Valley: Home of AI is the new designation for Hayes Valley, signaling SF might be on the rise again (Insider)
🪞 ChatGPT needs transparency so we can know why it’s sourcing the information it collects the way it does (Verdict)
🌱 Whoa, another AI boost to Bio as these researchers are using it to help aid them in discovering super tight-binding antibodies (Newswise)
🎬 Tom Hanks will act forever. Robert Zemeckis is having him and his co-stars de-aged using Metaphysic Live, a familiar generative AI tool (The Hollywood Reporter)
🗳️ ChatGPT’s handling of election misinformation went okay? Idk, you be the judge (Minnesota Reformer)
😬 ElevenLabs reacted fast after 4chan used their voice cloning for inappropriate sound bites (Sky News)
🏦 AI gives you a loan, sort of; it’s proven it can help augment the process of underwriting and potentially eliminate biases (Forbes)
🗞️ They're back baby! like Futurama, you can't keep a good thing down. Instagram's founders have returned with Artifact, an AI curated news feed (CNN)
🔥 Fresh Products
DocGPT - an assistant built for Google Docs (link)
Deploifai - manage your cloud for machine learning projects (link)
ai pal - the power of AI all in WhatsApp (link)
HYPEINDEX - AI helps determine stock “hype” (link)
Quinvio AI - everything you need for a video presentation (link)
beautiful.ai - launches designbot for your slides (link)
❗️AI Text Classifier - OpenAI wants to help you spot AI written text (link)
Good Content, Poor Superheros
With the help of Searchcolab, this Redditor created an odd assortment of recession-themed superhero pieces. I don't know why Spider-Man is in Gotham, but you can check this link for the full set.