Should We Pause AI Development?

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Here's what we've got in store for you today:

🛑 Elon's AI Pause: My Thoughts

💰 Prompt Engineers Make Bank

🥷🏼The Coding Wars Have Begun

📰 News From The Front Lines

🎥 Video Of The Day

🛠 Tools Of The Day

Elon Musk and Others Petition to Stop the Development of AI for 6 Months

Elon Musk and his AI buddies think it's time to take a six-month breather from AI development. While it's a charming notion, I'm not exactly sold. Instead, shouldn't we be focusing on potential regulations, open dialogue, and honest discussions about precautions and safety measures?

The Future of Life Institute, backed by Musk himself, believes we should only develop powerful AI systems once we're confident about their positive effects and manageable risks. But here's the kicker: Tesla is still using AI for its autopilot system. Sounds a bit contradictory, doesn't it?

Critics have also pointed out the irony of Musk's support for the pause, given Tesla's resistance to accountability for its self-driving cars. The plot thickens as we delve deeper into this AI melodrama.

This open letter, endorsed by over 1,000 people (notably excluding Sam Altman, Sundar Pichai, or Satya Nadella), proposes a halt to AI development until shared safety protocols are in place. But is putting the brakes on innovation really the answer?

What's got these folks on edge? Are they worried about machines spreading propaganda and untruths? Nonhuman minds eventually outsmarting and replacing us? Let's not leave these decisions to "unelected tech leaders." Let's talk about potential regulations and the consequences of AI advancements.

Slowing down to understand the implications of AI technology is a nice thought, but the big players are often secretive about their work, making it hard for society to defend against potential harms. So, what's the plan?

As AI companies scramble to keep up with OpenAI's ChatGPT, investors are seeking alternatives to avoid putting all their eggs in one basket. But let's be real, developing these systems is challenging and costly, concentrating power in the hands of a select few. That's not exactly ideal.

So, let's not hit pause on AI advancements. Let's engage in open discussions about potential regulations and figure out what precautions or safety measures are needed. Progress is about moving forward, not standing still.

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Expert Prompt Engineers Can Name Their Price In the Job Market.

While much of the world fears the rise of AI taking over their jobs, certain companies are providing high-paying opportunities for skilled individuals to maximize the capabilities of advanced chatbots.

According to a Bloomberg article, select companies are offering salaries of up to $335,000 per year for specialized "prompt engineer" positions. These professionals are ChatGPT experts who possess the ability to train others on how to use the technology more efficiently.

One of these fortunate prompt engineers is Albert Phelps, who works for a subsidiary of the Accenture consultancy in the United Kingdom. Phelps states that the job requires being an "AI whisperer," regardless of the degree background. These experts have degrees in various fields such as history, philosophy, and English.

"It's a form of wordplay," Phelps explains. "The objective is to extract the essence or significance of something and express it using fewer words."

At just 29 years old, Phelps initially studied history before shifting his focus to financial consulting, and ultimately, AI. Phelps and his colleagues generate approximately five different prompts and conduct around 50 interactions daily with large language models such as ChatGPT.

A Growing Industry While there are a large number of low-level prompt engineer positions, such as on freelance marketplaces like PromptBase, where people sell their prompt writing skills for just $3-10, top-level prompt engineers can earn hefty salaries.

Mark Standen, the owner of an AI, automation, and machine learning staffing business in the UK and Ireland, revealed that prompt engineering is "probably the fastest-moving IT market I've worked in for 25 years." "Expert prompt engineers can name their price," he added, noting that his company's database contains candidates searching for jobs between $250,000 and $360,000 per year.

Although the Bloomberg report acknowledges that it's difficult to predict when or if this newly-created position will become obsolete, earning a six-figure income to create chatbot prompts, even for a brief period, is preferable to being replaced by AI.

Source: https://futurism.com/the-byte/companies-paying-high-salaries-chatgpt

AI Boom: The Next Big Battle for Tech Giants

The explosive growth of artificial intelligence, fueled by ultra-advanced language models and chatbots, has captured the world's attention. With major implications for the tech industry and just about everyone who uses tech (which is most of us), it's time for the coding wars of artificial intelligence to begin!

Despite concerns about job displacement and misinformation, AI models like OpenAI's GPT-4 continue to have a huge impact, especially in software development. The race is on for tech giants like Alphabet, Microsoft, Google, and others to outdo each other with AI-powered tools that will revolutionize the way we code.

Alphabet's recent deal with Replit, a web-based coding tool boasting over 20 million users, is a prime example. Replit plans to utilize Google's AI models in Ghostwriter, a tool that offers code suggestions and answers code-related questions in a ChatGPT-like fashion. As part of this partnership, Google will also make Replit available to Google Cloud users, expanding its reach to more business clients.

This move is significant because it highlights the brewing battle between major tech companies vying to provide developers with the best AI tools. Microsoft and GitHub's Copilot, a Visual Studio add-on, is another contender in this arena, leveraging AI technology to assist developers in writing code. AI assistants like Copilot have been shown to help developers complete tasks over 50% faster.

Tech companies that offer state-of-the-art AI tools can attract developers to their platforms and keep them engaged with their cloud services and other offerings. Amazon has developed an AI coding tool called Code Whisperer, while Meta is working on one for internal use. It's safe to assume Apple won't be left in the dust either.

AI isn't just helping developers write code; it's transforming the way code is created altogether. OpenAI recently announced the first plugins for ChatGPT, which will enable the bot to perform tasks like flight searches, restaurant reservations, and grocery ordering. By integrating AI into code, software development can be accelerated. Replit's CEO, Amjad Masad, shared an ingenious example of an app that converts voice commands into functional websites. "We anticipate that many software projects will begin this way in the future," says Masad.

But with progress moving at breakneck speed, it's important to consider the potential consequences of quickly integrating AI into software development. AI tools can inadvertently replicate vulnerabilities in the code they recommend, and developers may not notice or be able to detect them. Overreliance on AI could also lead to complacency or a decline in developer skills. How much "technical debt" will be incurred as programmers are forced to go back and fix software that hasn't been closely scrutinized by a human?

As the AI boom continues, it won't be long before we find out.

📰 News From The Front Lines: 📰

📼 Video Of The Day 📼

🛠️ Tools Of The Day 🛠️

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Sttabot - Build your own no code AI apps for free and launch them on the web in seconds.

CodeTutor - Learn to code with an AI Tutor

Sheeter - generate complex excel formulas with just a few clicks

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