In today’s News:

• AI Is Being Used For Crimes(finally)

• Elon Launches Competitor to OpenAI

• The Future Of White Collar Jobs

• OpenAI Along Others Release AI Agents

Read time: 2 minutes

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Good morning and welcome to your daily briefing!

Elon Musk's New AI Company

Elon Musk has created a new artificial intelligence company called X.AI Corp. that is incorporated in Nevada, according to a state filing.

Mr. Musk is the only listed director of the company, and Jared Birchall, the director of Mr. Musk’s family office, is its secretary, according to the filing made last month. X.AI has authorized the sale of 100 million shares for the privately held company.

Source: Elon Musk Creates New Artificial Intelligence Company X.AI - WSJ

The Rise of Agents and the Beginning of the Simulation Era

OpenAI has released an implementation of Consistency Models, which could lead to real-time image generation. Meanwhile, LAION is proposing to openly replicate GPT-4, and Harvey is a legal AI startup making waves in the legal scene with backing from OpenAI's startup fund.

Source: https://arxiv.org/abs/2303.01469

AI Clones Girl's Voice and Demands Ransom

In some unsettling news, an AI clone of a teenage girl's voice was used in a $1 million kidnapping scam. This is just the beginning of this type of crime, and it's unclear how we'll be able to solve this problem. Artificial intelligence has taken phone scams to a frightening new level.

An Arizona mom claims that scammers used AI to clone her daughter’s voice so they could demand a $1 million ransom from her as part of a terrifying new voice scheme.

This bombshell comes amid a rise in “caller-ID spoofing” schemes, in which scammers claim they’ve taken the recipient’s relative hostage and will harm them if they aren’t paid a specified amount of money.

The Scottsdale, Ariz., resident recounted how she received a call from an unfamiliar phone number, which she almost let go to voicemail. “I pick up the phone, and I hear my daughter’s voice, and it says, ‘Mom!’ and she’s sobbing,” the petrified parent described. “I said, ‘What happened?’ And she said, ‘Mom, I messed up,’ and she’s sobbing and crying.”

Source: AI clones teen girl's voice in $1M kidnapping scam (nypost.com)

The Future of the White Collar Workforce

Former US treasury secretary said that ChatGPT has "a great opportunity to level a lot of playing fields" and will shake up the white collar workforce. Saying it is coming for the intellectual class and will soon replace what doctors do in terms of diagnosis. I actually think its very possible that AI causes the rift between rich and poor to grow even further. Guess we’ll find out soon enough.

Source:https://twitter.com/BloombergTV/status/1644388988071886848

That's it for today's briefing. We'll see you tomorrow.