Are We in a $600B AI Bubble?
Plus, is GPT-4o Falling Behind Claude 3.5 Sonnet?
In today’s newsletter:
📖 Are We in a $600B AI Bubble?
🤖 AI + Robotics: Skild AI Raises $300M
🏫 Learn AI in 5 Minutes a Day
🧠 Is GPT-4o Falling Behind Claude 3.5 Sonnet?
🎤 One prompt you can use at work today
Read time: 4 minutes
1. Are We in a $600B AI Bubble?
Many business leaders are wondering if we’re in an AI bubble that’s about to burst.
A while ago, David Cahn (a partner at Sequoia) published a great article entitled “AI’s $600B Question.”
He questions where all the revenue is coming from to balance all that spending.
He also gives some counterarguments to the “building railroads” analogy (that spending money on GPUs will eventually bring in all the trains), and warns that there’s a long road ahead.
2. AI + Robotics: Skild AI Raises $300M
Skild AI is a company that’s developing a scalable AI foundation model for robotics, intended to serve as a general-purpose brain across various robot types and applications.
They just raised $300M in a Series A funding round, backed by several investors, including Bezos Expeditions.
This combination of both AI and robotics will help businesses enhance both productivity and efficiency at scale. They’ll be able to deploy general-purpose robots to address labor shortages and reduce risks in dangerous work environments, ensuring safer and more reliable operations.
3. Learn AI in 5 Minutes a Day
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Alex Albert (who works at Anthropic) shared this chart, which shows an aggregate score for all major AI models that were released since early 2023.
It's been quite the year😅
— Alex Albert (@alexalbert__)
5:10 PM • Jun 20, 2024
Although aggregate scores and benchmarks are not always accurate, the common deduction is that GPT-4o is falling behind Claude 3.5 Sonnet.
However my takeaway from the chart is a macro one:
The war among different AI models is not just about getting better (dots are moving up and to the right) but also getting faster (dots on the far right are closer to each other than those on the left).
Few expect this trend to slow down anytime soon, and in the coming weeks and months, we’ll see much smarter models released at a much faster pace.
5. One Prompt You Can Use at Work Today
Here’s a practical ChatGPT Prompt you can use at work:
I need to draft a [report type] about [topic]. This will be used to share with customers and [goal]. Give me an outline for the [report type] and a few resources I can research.
For example,
I need to draft a white paper about the state of remote work. This will be used to share with customers and educate them about why remote work helps their bottom line. Give me an outline for the white paper and a few resources I can research.
If you would like to see more of those prompts, check out my free book called: ChatGPT for Better Business Communication.
You can grab it for free by clicking the button and subscribing to the newsletter 👇️