Google Vs. Open AI (Probably Microsoft)...and AI Versus Education
The markets are closed today so I will post Momentum Monday tomorrow.
I watched a lot of football yesterday but snuck in a good ride as well.
I wanted to catch up a little on Open AI, Chat GPT and Google since I get asked about it so much.
I have not found it useful, personally...yet. Each time I try it, I find enough errors to just make me want to write it myself. But, I write every day and don't suffer from banging out my thoughts or writing a speech. I definitely don't need to do any school essays.
AI feels like an important and great feature not something I want to invest in yet directly. Every venture capitalist is already talking about it which means I have zero edge at the moment.
The two big AI battles going on now are that between AI and schools and Google and Open AI (which probably means Microsoft which is trying to invest $10 billion in Open AI).
I own Google and am sticking with it. I added a bit at the end of the year. I have no idea how to value Google's own AI acquisition of DeepMind (back in 2014), but this was a good breakdown.
When you get asked about Google versus Open AI, this is a good place to go which dissects each argument.
On the plus side, it seems like AI should help an enormous amount of people and companies increase productivity and margins.
As for the costs...see 'social media' and what it has already done for human behavior and multiply it by 100?
The other big battle right now is education.
Schools do not like it. The New York Times covered the topic with this piece titled 'Don't Ban Chat GPT in Schools, Teach With It'.
Fred Wilson said mostly the same thing in a blog post. I liked this idea:
Hope the links help. Have a great Monday.