Musk predicts AGI by 2026

Spotlight: Spotify launches AI playlists

Welcome back!

We have a little bit of everything today, including a major upgrade to Gemini 1.5 and a cool new Spotify feature. Let’s get right to it. 

In today’s Daily Update:

  • 🗞️ Musk predicts AI will be smarter than humans next year   

  • 🤖 Google Gemini 1.5 can now hear   

  • 📸 Spotify launches AI playlist feature in beta  

  • 🚨 AI Roundup: Four quick hits

Read time: 2 minutes

TOP STORY

🗞️ Musk predicts AI will be smarter than humans next year

DALL-E 3

Elon Musk says AI will surpass human intelligence by 2026 as long as electricity and hardware demands can be met. 

The details:

  • Musk predicts AI that is smarter than any one human will be achieved by the end of next year. 

  • He expects the capabilities of AI to surpass the collective intelligence of all humans within the next five years. 

  • Musk says AI development has been slowed by a strained supply of microchips. 

  • The billionaire’s xAI startup plans to launch a model more powerful than OpenAI’s GPT-4 by May. 

Why it matters: There’s a lot of speculation surrounding AGI, so this should be taken fairly lightly. That said, Musk previously predicted that full AGI would be achieved by 2029. Given his deep involvement in AI development at xAI, Tesla, SpaceX and X, there’s probably some merit to this update.

AI TOOL OF THE DAY

🤖 Google Gemini 1.5 can now hear

Source: Google

Google Gemini 1.5 Pro is now able to listen to audio files and comprehend information without a written transcript. 

Key points:

  • The new feature enables Gemini to summarize and pull information from calls and audio from videos. 

  • Google is making Gemini 1.5 available to the public through its Vertex AI platform. 

  • Gemini Pro 1.5 has already surpassed Gemini Ultra (currently the most advanced Google model available to the public).

  • Google also upgraded its Imagen 2 text-to-image generator with the ability to add or remove elements from images. 

Why it matters: It’s an industrywide goal to create advanced multimodal AI models that can interpret text, images, video and audio. Processing all of these inputs simultaneously is a crucial step toward AGI. 

BUSINESS SPOTLIGHT

📸 Spotify launches AI playlist feature in beta

Source: Spotify

Spotify is rolling out a new AI Playlist feature that allows users to create personalized playlists with text prompts. 

The details:

  • AI Playlist is initially available to Spotify Premium users in the U.K. and Australia. 

  • The feature pairs Spotify’s personalization technology with AI that can understand text prompts.

  • Prompts can reference places, animals, movie characters, colors and emojis. Spotify says the most successful prompts contain a combination of genres, moods or artists.

  • For example, a user could ask for “sad music for painting dying flowers” or “tracks for horse riding into the sunset.”

Why it matters: Spotify’s AI Playlist feature is an example of how AI can be used to further personalize products and services to individual users. We’re already seeing this trend in e-commerce and music streaming. Expect to see even more AI-driven personalization on search engines and personal devices in the next couple years. 

MORE TRENDING NEWS

🚨 AI Roundup: Four quick hits

DALL-E 3

  • Intel unveils new AI chip to challenge Nvidia. 

  • eBay adds AI-powered “shop the look” feature to its iOS app. 

  • Meta will launch its Llama 3 large language model next month.

  • OpenAI says Sora video generator is just the “GPT-1 of video,” hints at significant upgrades.

THAT’S ALL FOR TODAY

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