Open AI delivers on data protection promise

Happy Thursday folks ! OpenAI is now letting users control their data, Grimes says she will share her music royalties with whoever uses her voice on viral songs, meanwhile every major company's earnings call had the magic word "AI". 

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Here’s what we have lined up for you today - 

1. OpenAI delivers on data protection promise

2. Grimes says she will share 50% royalties

3. Earnings calls and AI

4. The new Black Mirror

OpenAI delivers on data protection promise

Open AI will provide users the option to disable chat history on ChatGPT. That’s right, if  users select this option, OpenAI will have no access to this data to train on future models. 

Right now, around 10% of employees paste confidential data on ChatGPT.  That is a significant number. 

Open AI is delivering on the promise it made earlier in the year that they will keep privacy at the forefront of user experience. The announcement also ties in with the fact that the company will soon be rolling out ChatGPT for Business which might have enhanced safety guardrails itself. 

OpenAI is truly becoming a product company so much so as it was (and is) an AGI company. The heavy emphasis on user experience, continuous product innovation, business partnerships with GPT as the underlying technology all with just a few hundred employees is mighty commendable. 

There are so many emergent applications yet to come, this isn’t stopping anytime soon.  

Grimes says she will share 50% royalties

Drake and Universal Music Group might not be happy about AI generated music, but that does not mean the entire music industry is up in arms about it. Artist Grimes posted on twitter that she would share 50% royalties on any successful AI generated song that uses her voice. 

She further explained that some sort of profit sharing structure could apply to viral songs that use her voice. She further added that being an independent artist she had no music label or legal bindings that would restrict her from setting up such a structure. 

In reality a long tail of music on most music platforms is released by relatively unknown independent artists. There is a real possibility that incentive structures can be put in place where generative AI music producers can work with such artists to create viral songs. 

Music artists will eventually embrace AI. It’s a matter of how they integrate it with their work and not if they embrace it. Just look at the multitalented Golden Globe and Grammy Awards winning producer, writer, director, actor, singer Donald Glover looking to hire a prompt engineer for his creative studio. 

Earnings calls and AI

It is earnings call season and everyone is talking about how much they are investing in AI and how its transforming their business. 

1. Microsoft has said it has a lot more in store with regards to new AI product innovation, the stock jumped 9%.

2. Coca Cola was ecstatic about their investments in tools like Runway and Midjourney for marketing and brand campaigns.

3. Google continued their narrative of having the best LLMs in the market.

4. Meta’s stock surged with a strong $5.7 billion Q1 profit, execs also mentioned how AI used in Instagram increased platform usage by 24%. Along with going deep on how the company is focusing on using Generative AI to further strengthen its core business 

5. Spotify’s AI DJ is being adopted well across its millions of users 

Around the industry - 

1. Tinder’s verification process will now use AI and video selfies

2. Leak: TikTok is launching generative AI avatars, and here’s what they look like

3. Coca-Cola makes bubbly bets on AI for creative assets, customer service

4. Nvidia releases a toolkit to make text-generating AI ‘safer’

5. U.S. regulators warn they already have the power to go after A.I. bias — and they’re ready to use it

6. Legal AI startup Harvey raises $20 million from Sequoia, OpenAI and other top investors 

7. Meta says time spent on Instagram grew 24% thanks to TikTok-style AI Reel recommendations

Product Corner - 

There are way too many cool products to showcase just one !

• Covey : Covey Scout is an AI sourcing assistant for talent teams to operate lean and cost-effectively.

• Coach Bud : AI personal motivational coach 

• Youscan : The first social media listening assistant powered by ChatGPT to find

• qualitative insights from millions of online conversations. 

• Clarity : An app for layered, depth-first reading — start with summaries, tap to explore details, and gain clarity on complex topics.

• Superflows : One click email replies 

• Baked : Turn your idea into art with AI. Get it printed on just about anything.

Art imitates life ? 

Is it time to start watching Black Mirror ?