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π Fridayβs AI Report:
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π AI STOCK TRACKER

AI and tech stocks extended their decline after Wednesdayβs rebound, with Apple leading the drop. The EU Commission announced a probe starting in March, and Apple is reportedly losing market share to Huawei in China.
LATEST IN AI
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π± Apple pulls AI feature!

π¨ Our Report β After a string of embarrassing blunders since it launched in October, Apple has temporarily paused its AI-powered news and entertainment notification summary feature, after facing mounting criticism from various news outletsβincluding the BBC News, a respected UK-based news outlet, which has called the feature "a danger to the public's right to reliable information on current affairs"βfor generating entirely false and inaccurate news summaries.
π Key Points:
In addition to pulling the AI notification summary feature, Apple is also working on a few changes to provide greater transparency over when the notifications summaries have been generated by AI.
When it relaunches, the AI-generated summaries will be in italics, so users can tell them apart from regular notifications, and users will also be able to disable the feature for specific apps, from their Lock Screen.
Apple will also notify users that the feature is in beta and βmay contain errors,β which should appease critics whoβve argued that βthe public must not be placed in a position of second-guessing the accuracy of news."
π Relevance β This comes after Apple announced, last week, that they would be releasing an update to βfurther clarifyβ that the notification summaries had been generated by AIβwith many expecting this to involve some sort of label or badgeβbut nothing has been said about refining the AI models capabilities to stop it from making these mistakes in the first place.
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β οΈ Snapchat AI harmful to young users?

π¨ Our Report β The US Federal Trade Commission (FTC) has publically announced that it has referred a complaint against Snap (owner of the social app, Snapchat) and its AI chatbotβMy AIβto the Department of Justice (DOJ).
π Key Points:
Although the FTC was vague about why it had raised a complaint against Snap and βMy AIβ, it did accuse βMy AIβ of presenting 'risks and harms to young users of the application.'
My AIβwhich is powered by OpenAI techβlets users chat with it, within Snapchat, but the FTC revealed that an investigation had βuncovered a reason to believe that Snap is violating or is about to violate the law.β
In response, Snap has blasted the complaint, believing it to be βbased on inaccuraciesβ and lacking βconcrete evidence,β failing to βidentify any tangible harm,β and thinks it will βstifle innovation and competition.β
π Relevance β This is unusual behavior for the FTC, as complaints to the DOJ arenβt usually made public until charges are officially filed, but the FTC established that it made the complaint public because they had βdetermined that doing so is in the public interest.β
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βοΈ Mistral inks huge content partnership
French start-up, Mistral, makers of ChatGPT rival, Le Chat, have announced a multi-year, content partnership with βleadingβ French news corporationβAgence France-Presse (AFP).
The partnership will give Mistral access to the entire back catalog of AFP news stories (for context, AFP produces 2,300 stories p/d, in 6 different languages, including English, German, and Arabic).
Mistral has partnered with AFP, a βglobally trusted news agencyβ to improve the accuracy of Le Chat, and give its users βreliable, factual, and up-to-date responses, verified by professional journalists.β
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PRACTICAL AI
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Prompt Inspiration
After typing this prompt you will get a risk assessment to help you develop your new product.
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RECOMMENDED RESOURCES
STARTUPS
Name: CleanLab
Value: $100M
Funding raised: $30M
CleanLab fixes the unreliable data that sits behind the mistakes, inaccuracies, and hallucinations that we see AI models make, and over 100 companiesβincluding Amazon, Google, and UnitedHealthcareβare using this startup to improve the credibility of their AI chatbots.
PODCASTS
In this podcast episode, the CEO of Bizzuka (an AI course provider), John Munsell, gives his tips for upskilling yourself and your organization for the oncoming wave of AI agents.
QUICK HITS
FRIDAYβS Q&A
Each week, we choose one question to answer from you, our loyal subscribers, to help us all learn how to navigate the complex world of AI.
THIS WEEKS QUESTION:
βWhy do experts and scientists define AGI so differently, and which definitions do you think make the most sense?β
THIS WEEKS ANSWER:
Definitions of AGI differ because the concept of AGI incorporates ideas from different disciplinesβincluding computer science, neuroscience, philosophy, and ethicsβwhich, therefore, encourages lots of different perspectives. For example, academics might define AGI in relation to understanding knowledge, tech companies might focus more on the potential for it to create value (think OpenAI and Microsoftβs recently revealed definition!), and philosophers might highlight the societal existential, and ethical implications surrounding the development of it.
So, with that being said, the AGI definition that makes the most sense to us would combine elements of science and philosophy, with real-world practical application. Something like this, for example:
βAGI is a system that can autonomously understand, learn, and adapt to new situations and environments, across a wide range of tasksβranging from solving problems to completing creative tasksβwithout needing task-specific programming, so that it can equal or even exceed human capability.β
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