Morning Update: AI Jobs, Meta's Chatbot Ads, and Transportation Startups

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1d ago 4:19

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.New research from Yale's Budget Lab and the Brookings Institution has found no evidence of an AI-driven jobs apocalypse in the U.S. job market since the launch of OpenAI's ChatGPT in November 2022. The study indicates that most ongoing shifts in the occupational mix were already underway in 2021, and recent changes do not appear to be more dramatic. Executives are taking a "wait and see" approach to hiring as they assess whether AI can deliver on its productivity promises. Anxiety over the effects of AI on the labor market is widespread, but the new data suggests this anxiety is largely speculative. In terms of entry-level jobs, there have been struggles for recent college graduates, but AI is not entirely keeping them out of work. Promising signs of life in the entry-level job market include companies like Shopify and Cloudflare increasing intern intake and viewing AI tools as a way to enhance new hires' contributions rather than replace them. While the impact of AI on the labor market has not been significant yet, leading AI models could have a more direct impact in the future.Other news in the AI world includes Meta's plan to use AI chatbot conversations to personalize ads on Facebook and Instagram, Thinking Machines Lab launching a tool called Tinker to automate the creation of custom frontier AI models, OpenAI releasing Sora 2, and a new startup called Periodic Labs attracting top AI researchers to accelerate real-world scientific discovery using AI. The text also discusses a significant increase in S&P 500 companies disclosing AI-related risks in their operations, with concerns around reputational risk and cybersecurity being commonly cited. This increase reflects the mainstreaming of AI across corporate functions, leading companies to focus more on governance, compliance, and operational considerations related to AI integration.Transportation startups are feeling hopeful about scaling up faster due to changes in regulatory environment under Trump's administration. Companies like Wing, Walmart, and Archer Aviation are optimistic about expanding their delivery operations and bringing drone delivery to more areas. However, the recent elimination of the EV tax credit has been a setback for some companies. Despite the political landscape, startups are focused on securing funding and pushing forward with their innovative transportation solutions. The energy at events like the up.summit is high, with discussions around flying cars, drones, and other futuristic technologies dominating conversations. The enthusiasm for these advancements is tempered by the challenges of navigating regulatory hurdles and ensuring product timelines align with government regulations. Overall, transportation startups are cautiously optimistic about the future under Trump 2.0 and are eager to continue pushing the boundaries of innovation in their industry.The U.S. government shut down, causing nearly 600,000 federal workers to be furloughed. This resulted in delays in various government services such as defense contracts and education grants. Meta AI will use users' chatbot conversations to personalize ads on Instagram and Facebook starting December 16. Apple was ordered by the U.K. Home Office to create a backdoor for accessing user data in the cloud, which Apple has refused to comply with. Thinking Machines Lab launched its first product, Tinker, a tool for fine-tuning language models used by AI researchers. Additionally, Microsoft promoted Judson Althoff, Google replaced Assistant with Gemini, Intel is in talks with AMD for chipmaking, and Arm plans to appeal a Qualcomm ruling, among other tech news updates.The text discusses

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