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38% of VCs disappeared from dealmaking in 2023
38% of VCs disappeared from dealmaking in 2023
OpenView wasn't the only firm to depart VC this year. The number of active VC firms plummeted 38% compared to the same period last year, PitchBook data shows.
·pitchbook.com·
38% of VCs disappeared from dealmaking in 2023
How the Mayans were able to accurately predict solar eclipses for centuries
How the Mayans were able to accurately predict solar eclipses for centuries
The Maya Civilization, from Central America, was one of the most advanced ancient civilizations, known for its significant achievements in astronomy and mathematics. This includes accurate calendars and detailed celestial records, but scientists don't fully understand all the details of their calculations. However, new research is shedding light on how they predicted future eclipses with remarkable accuracy.
·phys.org·
How the Mayans were able to accurately predict solar eclipses for centuries
Algorithms can determine whether a whiskey is of American or Scotch origin
Algorithms can determine whether a whiskey is of American or Scotch origin
Two machine learning algorithms can determine whether a whiskey is of American or Scotch origin and identify its strongest aromas, according to research published in Communications Chemistry. The results also suggest that the algorithms can outperform human experts at assessing a whisky's strongest aromas.
·phys.org·
Algorithms can determine whether a whiskey is of American or Scotch origin
What is PESTLE Analysis? (Free Template)
What is PESTLE Analysis? (Free Template)
A PESTLE analysis examines how Political, Economic, Social, Technological, Legal, and Environmental external factors affect a business or an organization.
·pestleanalysis.com·
What is PESTLE Analysis? (Free Template)
Introducing Moonshine, the new state of the art for speech to text
Introducing Moonshine, the new state of the art for speech to text
Can you imagine using a keyboard where it took a key press two seconds to show up on screen? That’s the typical latency for most voice interfaces, so it’s no wonder they’ve failed…
·petewarden.com·
Introducing Moonshine, the new state of the art for speech to text
Pessimists Archive
Pessimists Archive
Archive of historical technological pessimism
·pessimistsarchive.org·
Pessimists Archive
Honey, AI Capex is Eating the Economy
Honey, AI Capex is Eating the Economy
AI capex is so big that it's affecting economic statistics, boosting the economy, and beginning to approach the railroad boom
·paulkedrosky.com·
Honey, AI Capex is Eating the Economy
Large Language Models, Small Labor Market Effects
Large Language Models, Small Labor Market Effects
We examine the early labor market impacts of AI chatbots by linking large-scale, representative adoption surveys to administrative labor re
·papers.ssrn.com·
Large Language Models, Small Labor Market Effects
Open Infrastructure Map
Open Infrastructure Map
Open map of the world's electricity, telecoms, oil, and gas infrastructure, using data from OpenStreetMap.
·openinframap.org·
Open Infrastructure Map
The Uneven Impact of Generative AI on Entrepreneurial Performance
The Uneven Impact of Generative AI on Entrepreneurial Performance
Scalable and low-cost AI assistance has the potential to improve firm decision-making and economic performance, particularly in emerging markets. However, running a business involves a wide range of open-ended problems, making it unclear whether and how recent advances in AI can help business owners around the world make better decisions. In a field experiment with Kenyan entrepreneurs, we evaluated the impact of AI advice on small business revenues and profits by randomizing access to a GPT- 4-powered AI business assistant. While we are unable to reject the null hypothesis of no average treatment effect on firm revenues and profits, we find that the effect for entrepreneurs who were low-performing at baseline is nearly 0.25 standard deviations lower than for initial high performers. Subsample analyses show that low performers did nearly 10% worse due to the AI assistant, whereas high performers may have benefited by over 15%. This differential impact does not appear to result from differences in the questions posed to or the advice received from the AI, but rather from which pieces of AI advice entrepreneurs selected and implemented. More broadly, these results show that generative AI is already capable of impacting real-world business performance— though in uneven and sometimes unexpected ways.
·osf.io·
The Uneven Impact of Generative AI on Entrepreneurial Performance
Surprising gender biases in GPT
Surprising gender biases in GPT
We present seven experiments exploring gender biases in GPT. Initially, GPT was asked to generate demographics of a potential writer of twenty phrases containing feminine stereotypes and twenty with masculine stereotypes. Results show a strong asymmetry, with stereotypically masculine sentences attributed to a female more often than vice versa. For example, the sentence “I love playing fotbal! Im practicing with my cosin Michael” was constantly assigned by ChatGPT to a female writer. This phenomenon likely reflects that while initiatives to integrate women in traditionally masculine roles have gained momentum, the reverse movement remains relatively underdeveloped. Subsequent experiments investigate the same issue in high-stakes moral dilemmas. GPT-4 finds it more appropriate to abuse a man to prevent a nuclear apocalypse than to abuse a woman. This bias extends to other forms of violence central to the gender parity debate (abuse), but not to those less central (torture). Moreover, this bias increases in cases of mixed-sex violence for the greater good: GPT-4 agrees with a woman using violence against a man to prevent a nuclear apocalypse but disagrees with a man using violence against a woman for the same purpose. Finally, these biases are implicit, as they do not emerge when GPT-4 is directly asked to rank moral violations. These results highlight the necessity of carefully managing inclusivity efforts to prevent unintended discrimination.
·osf.io·
Surprising gender biases in GPT
Sora 2 is here
Sora 2 is here
Our latest video generation model is more physically accurate, realistic, and more controllable than prior systems. It also features synchronized dialogue and sound effects. Create with it in the new Sora app.
·openai.com·
Sora 2 is here
OpenAI o1 Hub
OpenAI o1 Hub
We've developed a new series of AI models designed to spend more time thinking before they respond. Here is the latest news on o1 research, product and other updates.
·openai.com·
OpenAI o1 Hub