March 22, 2023

EMPLOYMENT

How AI could keep law students in debt forever

FOX NEWS, 03/22/23. AI is revolutionizing the legal industry by increasing efficiency and reducing costs. It’s also a threat to young lawyers and legal assistants. 

AI is being used for entry-level legal work such as drafting and reviewing contracts, conducting legal research, and scanning through documents. Doing these tasks has been the path by which paralegals and young lawyers have gained valuable profession skills. 

Without this experience, recent law school graduates could end up with huge loans and no job prospects. As the legal industry increasingly relies on AI, there could be a huge impact on the number of students pursuing law degrees. READ MORE

IMPACT

Enchanted by ChatGPT, Bill Gates calls AI 2nd revolutionary tech after GUI

INTERESTING ENGINEERING, 03/22/23. Bill Gates has declared AI as the second tech revolution after the graphical user interface in 1980. He predicts that it will fundamentally change communication, travel, learning, and work, leading to industry-wide transformations. 

Microsoft’s investment in OpenAI and the integration of AI in its products is helping to drive innovation across industries. READ MORE

LIMITATIONS

AI isn’t magic or evil. Here’s how to spot AI myths.

The Washington Post, 03/22/23. AI is a rapidly developing. It’s becoming integrated into our daily lives. But experts warn that people must become smarter about what this tech can and cannot do. The flood of information and conjecture around AI raises risks. 

Common traps include projecting human qualities onto nonhumans, considering AI to be a monolith, and placing too much trust in AI tools. 

Anthropomorphism can cause problems in discussions about AI. People ascribe emotions and intent to AI systems even when they know how these systems work. READ MORE

trust

Mozilla launches a new startup focused on ‘trustworthy’ AI

TechCrunch, 03/22/23. Mozilla, the non profit behind the Firefox browser, is launching an AI-focused startup called Mozilla.ai. The new company aims to build open-source and trustworthy AI. Its currently building a team of engineers, scientists, and product managers to work on trustworthy recommendation systems and large language models similar to OpenAI’s GPT-4. 

The company’s broader ambition is to establish a network of allied companies and research groups that share its vision. It’s ultimate goal is to create a “trust first” open-source AI stack. However, the company’s challenge will be convincing the industry to adopt that vision. READ MORE

VIDEO

Text to Video Generative AI Is Finally Here and It’s Weird as Hell

GIZMODO, 03/22/23. The field of AI-generated videos is rapidly advancing thanks to companies like Runway and DAMO Vision Intelligence Lab. Both are releasing text-to-video models. 

Runway’s Gen-2 is highly anticipated for its ability to create 3-second videos from scratch based on simple text prompts. ModelScope’s open-source system has already garnered attention for its occasionally awkward and often insane 2-second video clips. 

Both systems still have limitations, particularly in their representation of people. This will likely be a deciding factor in the success of the technology. Also, companies such as these will undoubtable face competition from heavy hitters like Google and Meta. READ MORE