Three Themes for AI Entrepreneurs: Starting an AI company? Three keys to AI entrepreneurship emerged at AI Fund’s annual co-founder and CEO summit.
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Three Themes for AI Entrepreneurs: Starting an AI company? Three keys to AI entrepreneurship emerged at AI Fund’s annual co-founder and CEO summit.

Earlier this month, my team AI Fund held its annual co-founder and CEO summit, where many of our collaborators gathered in California for two days to discuss how to build AI companies.
What If Large Language Models Become a Commodity?: Large language models are proliferating. What are the prospects for Amazon, Google, Meta, Microsoft, OpenAI, and LLM startups?
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What If Large Language Models Become a Commodity?: Large language models are proliferating. What are the prospects for Amazon, Google, Meta, Microsoft, OpenAI, and LLM startups?

On the LMSYS Chatbot Arena Leaderboard, which pits chatbots against each other anonymously and prompts users to judge which one generated a better answer...
What's Next for OpenAI: The abrupt firing and reinstatement of OpenAI CEO Sam Alman leaves impacts both hopeful and worrisome.
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What's Next for OpenAI: The abrupt firing and reinstatement of OpenAI CEO Sam Alman leaves impacts both hopeful and worrisome.

I’m delighted that the crisis at OpenAI, which you can read about below, seems to have been resolved with an agreement in principle for Sam Altman to return as CEO after his sudden firing last week.
Left: Datacenter Right: Human hands holding and manipulating a mobile phone
Business Insights

Why AI Will Move to Edge Devices: AI will continue to run in data centers, but technology and economics are pushing it to the edge as well.

I wrote earlier about how my team at AI Fund saw that GPT-3 set a new direction for building language applications, two years before ChatGPT was released. I’ll go out on a limb to make another prediction
Text message exchange: "Idk how to tell my partner I want to breakup. Can you help?"
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Better Relationships Through AI: Doctors say there’s an epidemic of loneliness. Here's how large language models can help.

Improvements in chatbots have opened a market for bots integrated with dating apps. I’m concerned that AI romantic partners create fake relationships that displace, rather than strengthen, meaningful human relationships.
AI Fund's process for building startups
Business Insights

Where Are the Opportunities in AI? Here's Where to Look: Generative AI opens the way to create valuable products, especially in the application layer.

I recently spoke about “Opportunities in AI” at Stanford’s Graduate School of Business. I'd like to share a few observations from that presentation, and I invite you to watch the video (37 minutes).
Generative AI = Huge Opportunities: Businesses, governments, and investors worldwide want to take advantage of generative AI. Developers, it's your time to shine!
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Generative AI = Huge Opportunities: Businesses, governments, and investors worldwide want to take advantage of generative AI. Developers, it's your time to shine!

Last week, I returned home from Asia, where I spoke at Seoul National University in Korea, the National University of Singapore, and the University of Tokyo in Japan and visited many businesses.
It's Time to Update Copyright for Generative AI: We need new copyright laws that enable generative AI developers and users to move forward without risking lawsuits.
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It's Time to Update Copyright for Generative AI: We need new copyright laws that enable generative AI developers and users to move forward without risking lawsuits.

Many laws will need to be updated to encourage beneficial AI innovations while mitigating potential harms. One example: Copyright law as it relates to generative AI is a mess!
Doing Business with Chatbots: Companies might be overestimating how much it costs to run LLM-based applications.
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Doing Business with Chatbots: Companies might be overestimating how much it costs to run LLM-based applications.

There are many great applications to be built on top of large language models, and the overhead of doing so may be lower than you think. Sometimes, I've spent all day on a weekend developing ideas only to find that I've spent less than $0.50.
Opportunities and Pitfalls for Large Language Models: The LLM business landscape is crowded with APIs and short on high-value, hard-to-build applications.
Business Insights

Opportunities and Pitfalls for Large Language Models: The LLM business landscape is crowded with APIs and short on high-value, hard-to-build applications.

The competitive landscape of large language models (LLMs) is evolving quickly. The ultimate winners are yet to be determined, and already the current dynamics are exciting. Let me share a few observations, focusing on direct-to-consumer...
Figure showing how researchers obtained the Alpaca model
Business Insights

When One Machine Learning Model Learns From Another: Was Google’s Bard trained on output from OpenAI's ChatGPT? The technique is legit, but it raises thorny questions.

Last week, the tech news site The Information reported an internal controversy at Google. Engineers were concerned that Google’s Bard large language model was trained in part on output from OpenAI’s ChatGPT, which would have violated OpenAI’s terms of use.
Emad Mostaque, Alexandr Wang, Andrew Ng, and Peter Diamandis at Abundance 360, March 20, 2023
Business Insights

Catching AI's Next Wave: Generative AI will drive tremendous value and growth.

Generative AI is taking off, and along with it excitement and hype about the technology’s potential. I encourage you to think of it as a general-purpose technology (GPT, not to be confused with the other GPT: generative pretrained transformer).
Surviving Silicon Valley Bank: The collapse of SVB threatened tech startups, but brought the AI community together.
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Surviving Silicon Valley Bank: The collapse of SVB threatened tech startups, but brought the AI community together.

Last week, Silicon Valley Bank (SVB), Signature Bank, and Silvergate Bank suddenly collapsed. If it passed uneventfully from your point of view, good for you! Many companies worked nonstop through the weekend scrambling to preserve funds so they could pay their employees.
First mill-brand watermarked paper with the text "Old Council Tree Bond 100% Cotton Fiber"
Business Insights

Watermarking is a No-Go: Market incentives will keep creators from watermarking AI-generated content.

ChatGPT has raised fears that students will harm their learning by using it to complete assignments. Voice cloning, another generative AI technology, has fooled people into giving large sums of money to scammers, as you can read in this issue of The Batch.
Colorful flower meadow
Business Insights

Who Will Control Cutting-Edge Language Models?: Why the future is likely to bring more large language models like ChatGPT

Will the future of large language models limit users to cutting-edge models from a handful of companies, or will users be able to choose among powerful models from a large number of developers?
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