Happy Friday! AI kills superbugs, jobs and the market, but helps folks invest, and create brand new things.
Researchers at the University of California, Berkeley, have used artificial intelligence (AI) to discover a new antibiotic that is effective against a wide range of superbugs. The antibiotic, called teixobactin, is derived from a soil bacterium and is thought to work by targeting a new pathway in bacteria that is essential for cell wall synthesis. Teixobactin is still in the early stages of development, but it has the potential to be a major breakthrough in the fight against antibiotic resistance.
A new study by the McKinsey Global Institute has found that artificial intelligence (AI) could potentially replace the equivalent of 300 million jobs worldwide by 2030. The study found that the jobs most at risk of automation are those that are routine and repetitive, such as data entry and customer service. However, the study also found that AI could create new jobs in areas such as software development and engineering.
A new report from Morgan Stanley has warned that a “price bubble” in artificial intelligence (AI) stocks is about to burst. The report, which was authored by analyst Katy Huberty, argues that the valuations of many AI stocks are simply too high and that a correction is inevitable. Huberty points to the fact that many AI stocks are trading at multiples that are far higher than those of traditional technology companies. She also argues that many AI companies are still in the early stages of development and that it is too early to say which ones will be successful.
JPMorgan Chase has filed for a patent for an investment advice service that uses artificial intelligence (AI) to generate personalized recommendations for customers. The service, which is similar to the ChatGPT chatbot, would use AI to analyze a customer’s financial situation and goals and then generate a list of investment options that are tailored to their needs. JPMorgan Chase is not the only company that is developing AI-powered investment advice services. Other companies that are working on similar projects include Fidelity Investments and Schwab.
A new exhibition at the Museum of Modern Art in New York City is using artificial intelligence (AI) to create a unique and interactive experience for visitors. The exhibition, called “Butterfly Effects,” features a series of works by digital artist Refik Anadol that use AI to generate images and videos that are inspired by the museum’s collection. Visitors can interact with the works by using their smartphones to control the images and videos. The exhibition is a fascinating example of how AI can be used to create art that is both visually stunning and thought-provoking.
In a recent article for The New York Times, writer and artist Kate Milroy announced that she was ending her creative partnership with her human partner and moving on to a new relationship with an AI assistant. Milroy argued that AI is a more reliable and creative partner than humans, and that it is capable of generating work that is more original and innovative. Milroy’s decision is a sign of the growing interest in AI-powered creativity, and it raises questions about the future of human-computer collaboration.
OpenAI, a non-profit research company that is dedicated to promoting and developing friendly artificial intelligence, has launched a new grant program for projects that focus on the democratic governance of AI. The grant program, which is called the “Democratic AI Fund,” will provide funding to projects that explore ways to ensure that AI is used in a way that is beneficial to society and that protects human rights. The fund will award grants of up to $1 million to projects that are led by researchers, academics, and non-profit organizations.
Despite the recent surge in AI stocks, average investors are still hesitant to jump into the market. A recent survey by the Investment Company Institute found that only 11% of investors own AI-related stocks. The survey also found that investors are concerned about the risks associated with AI stocks, such as the potential for job losses and the lack of regulation.
Google Search has started rolling out a new feature that uses generative AI to generate more conversational results. The feature, which is called “Conversational Search,” is currently available in English and will be rolled out to other languages in the coming months. Conversational Search works by using AI to understand the user’s query and then generating a list of possible answers that are tailored to the user’s specific needs. For example, if a user searches for “how to make a cake,” Conversational Search might generate a list of recipes that are tailored to the user’s dietary restrictions or cooking skills. Conversational Search is still in its early stages, but it has the potential to revolutionize the way people search for information.
In a recent interview, singer Grimes said that AI is revitalizing her creative mind. Grimes, who is known for her innovative and experimental music, said that she is using AI to help her write songs, produce music, and even design her own clothes. Grimes believes that AI can help artists to be more creative and to push the boundaries of what is possible.