Ep 306: Our 2024 AI Predictions Midterm Report – how did we do?

How are AI Predictions for 2024 Shaping Up?

Heading into 2024, a collection of interesting AI predictions were made, spurred by audience interest and expert advice. These predictions touched on numerous aspects of AI, including generative AI, individualized learning, and the use of AI in robotics.

For instance, the idea of a 'second computer AI' was being discussed, indicating a shift in focus towards AI that can mimic human thought. On the other hand, individualized learning was expected to gain traction, with the idea of AI systems adapting to individual users rather than applying a one-size-fits-all approach. The notable field of AI robotics also grabbed attention, with humanoid robots possessing lifelike capabilities showing promising potential.

Navigating AI Misinformation and Legal Complexities

AI has proven to be a double-edged sword. With its capacity to learn and adapt, it poses the risk of spreading misinformation, particularly in sensitive spheres like an election cycle. This raises legal and ethical concerns but creating modern, applicable laws is a challenge. Technology moves at a rapid pace and legislation must keep up, separating reasonable application from misuse.


Legacy Media Companies and AI

Legacy media companies have been stepping into the realm of large language models, mostly opting for content partnerships. However, struggles with blocking access and infringing copyright have ignited controversies, prompting them to consider innovative solutions.


Big Players Jump into the AI Venture Space

Big tech companies are making a significant splash in the AI landscape. Giants like Microsoft, Amazon, and NVIDIA have been joining the venture party, investing large sums in second-tier AI companies and contributing to the surge in stock value, particularly in the case of NVIDIA.


AI Implementation Challenges - Outpacing Supply with Demand

The rapid development of AI and the fear of being outpaced by competitors have led to high demand for relevant training. However, this demand is outpacing supply, a hurdle that must be crossed to enable optimal AI development in the business sector.


Copyright Issues and AI

With the rise of generative AI and large language models, copyright issues have come to the forefront. Content creation by AI has sparked lawsuits and heightened discussions about the need for AI-specific legal safeguards against infringement.


AI and Job Cut Drives

As AI implementation expands, job losses in the technology niche have become a concern. Big tech companies, despite clocking record profits, have seen a growing trend towards layoffs. However, early AI movers could potentially outperform bigger competitors by strategically adopting large language models.


Conclusion

The year 2024 is associatively known as the year of the 'video AI', with AI-generated content making considerable strides towards achieving lifelike capabilities. These advancements demonstrate ups and downs, with some AI applications booming while others falter or even decline. Regardless, the common consensus is that AI is not a passing trend, it is the future of work and business development.

The predictions made in 2023, despite only being midway through the year, are showing signs of either standing true or developing partially. One thing is clear - AI is an undeniable force that will shape the way businesses, legal entities, and societies function. The challenge now lies in how we navigate this AI-dominated landscape.

Topics Covered in This Episode

1. Review of 24 predictions for 2024
2. AI Robotics
3. AI Misinformation and Legislation
4. Large Language Models
5. Future of Big Tech Companies
6. Future of GenAI
7. Competition against NVIDIA
8. Predictions about OpenAI
9. Job Market Changes due to AI


Podcast Transcript

Jordan Wilson [00:00:16]:
Do I even know what I'm talking about when it comes to generative AI? Do I just rattle off random facts and let you all decide? Well, I mean, this is a live show. It's unscripted. It's unedited. Sometimes I say that everyday AI is the realest thing in artificial intelligence. So in December, I came with a show that was 24 bold AI predictions for 2024. And we just wrapped up the halfway point of the year, and I figured, you know what? Maybe it's time I fact check myself. Right? We always bring receipts here on the Everyday AI Show, and I always talk about that. So when I came with some wild predictions in December of 2023 about the upcoming year, I said, why should I go unchecked? Let's take this time right now and today on everyday AI to go and see if I actually know what I'm talking about when it comes to generative AI.

Jordan Wilson [00:01:16]:
So I'm excited, maybe, kind of, for today's show, kind of our 2024 AI predictions midterm report. How did we do? Alright. So, if you're joining us on the podcast, thanks. Always appreciate your support. Make sure to check out the show notes, for more on, today's show as well as you can go back and listen, to that original show if you want, from December of 2023, but also go to your everydayai.com. Sign up for the free daily newsletter. We'll be recapping today's show show and a lot more. Normally, I go through the AI news, but this 1 might be a little bit of a longer show.

Jordan Wilson [00:01:56]:
Trying to keep it in check. So, if you want the daily news for today, don't worry. It's still there. Just go to your everydayai.com and get that free daily newsletter. Alright. So to our live audience joining us, thank you, Jennifer and Brian and Tara, Jay, Jason, Danny. Thank you all for joining us. Let me know how how hot should I bring it today.

Jordan Wilson [00:02:20]:
It's hot take Tuesday. You know, I might roast myself if you guys say I should or, maybe just roast, whatever I'm talking about in these 24 points. So let me know. Go ahead and drop a quick, comment, and let me know how hot should should today's hot take Tuesday be. It's not too hot in Chicago today, so maybe we keep it cool. It's up to you all. George George joining us. It's good to see you, George.

Jordan Wilson [00:02:47]:
Alright. Tara says bring the fire. We'll see we'll see what everyone else thinks. So, first of all, let's go back and say why did I even make these predictions? Well, I had a couple people on the show in December making predictions about, hey. Here's what the year in AI is gonna look like. And, you know, people just said, Jordan, you do this every day. You should make predictions as well. So a lot of the times, y'all, if I'm being honest, I don't make a lot of decisions here.

Jordan Wilson [00:03:09]:
You guys do. In our newsletter, I have you guys vote. You guys wanted me to make my own predictions, and I said, okay. Maybe this makes sense. I've been lucky enough to talk to literally 100, of the leading experts in artificial intelligence in the world. So I've had, you know, guests from NVIDIA and IBM and Microsoft and, you know, startups who are building, you know, artificial intelligence companies and small business owners and Fortune 100 executives. I've been very lucky to talk to so many people, so that's kind of why. I said, okay.

Jordan Wilson [00:03:41]:
Well, I've had a lot of conversations both on camera or on podcast and off podcast, and there's a lot. Right? I I realized that after doing this now for 14 months and 300 plus episodes, I've got some hot takes. Right? So that's why we did ended up doing, kind of our prediction show in 2023 in December. So, without further ado, let's just go. Hey. Jay said roast it like a marshmallow, so we might have to then. Alright. Also, I've got a lot more hot takes for the rest of this year, because as we'll see, a lot of them kinda got crossed off the list.

Jordan Wilson [00:04:19]:
So, if this show was helpful, if Everyday AI is helpful for you, please repost this show on LinkedIn. You know, if you're listening on the podcast, we'll put that link in there. Hey. You know what? If we get to 10 total reposts, I'll I'll do another show for here's the rest. Here's maybe 24 more takes or new takes, for 2024. We'll make them even spicier. Alright. So let's start.

Jordan Wilson [00:04:43]:
And as we start with number 24 here, let me just put this back out there as a reminder. A lot of these things because I I went back and listened to this show again, last night on 2 x. Right? So, hey, If you if if if you listen to the show on 2 x, don't feel bad. When I listen to it, I listen on 2 x as well. I get wordy. I get it. But, like, 1 thing I found out is, you know, a lot of these things back in December, because we actually put the show together, in November December, kind of doing a lot of planning. Some of these things weren't being talked about.

Jordan Wilson [00:05:15]:
So when I talk about these things today, you might think, oh, that's not a very bold take, Jordan. That seems kinda safe. Well, back in December of 2023, more than 6 months ago, some of these things were controversial. And a lot of these things that I predicted, hey. This is going to become the norm, were not really being talked about yet. Also, funny enough, I I used perplexity and ChatGPT this morning to fact check myself. So I'll let you know at the end how many it said that I got right. You know, it's like a it's like a live CNN debate here, except, I'm I'm having the AIs, fact check me.

Jordan Wilson [00:05:52]:
So number 24. I said second computer AI, this trend of remote workers who can't use AI, using it on the second computer. So this was saying, hey. So many companies, especially the time, were shutting down chat gbt or, you know, cutting off access, to generative AI systems. And I said a second computer AI is going to be a thing. I think it is. However, I will say at least hit and rewind 6 months, I'd say more companies, stopped fighting generative AI to make this less of an issue. But I will say even anecdotally, personally, I know a lot of people who don't have, whose company still shut down generative AI, and I've talked with a lot of people as well.

Jordan Wilson [00:06:34]:
And they're like, yeah. I just use it on my phone, and then I email it to myself. Or I have my personal computer, you know. Oh, we can't use, you know, Copilot. We can't upload, you know, all these files. I just do it on my own computer and save, like, 70% of the time. So, I don't know if I got this right. Let me know.

Jordan Wilson [00:06:53]:
Hey, livestream audience. I could use your help as well. So let me know with this 1, and you can put, like, 24. Was I a, right? B, wrong? Or c, other? Right? And I'm gonna, go ahead and shout out some of our favorite comments, for today in today's newsletter. So whether you have your own, take on this specific 1, you just think I got it right, got it wrong, let me know. So that was number 24. Alright. But let me know.

Jordan Wilson [00:07:19]:
Let me know in the comments, y'all. Alright. So 23. The education world will change with individualized learning booming. I don't think that this has happened yet. III don't say it's changed. I I think we've barely tapped the surface. Right? What I envision is, you know and, hey, we're only halfway through the year, but I envision a lot of people just building GPTs as an example for their day to day use and really building individualized learning.

Jordan Wilson [00:07:52]:
I think for whatever reason, GPTs didn't take off. More on that later. They're still there. They're still available. They're still widely, sorely underused. But I really did think that people would be using AI, to create essentially individualized learning paths. Maybe we haven't seen it yet, but, hey, livestream audience, let me know for this 1. Did I get that bold claim right? Did I get it wrong? Drop drop an a, b, or c.

Jordan Wilson [00:08:20]:
Let me know. Right? To hey. Don't feel bad. You can you can burn me. You can roast me. It's Hot Take Tuesday. Was I completely wrong about that 1? Individualized learning, booming. I think it should be.

Jordan Wilson [00:08:32]:
Personally, I don't know if it's there yet, but I'm gonna leave that up to you all. Alright. Here we go. Thank you. Thank you for some people. Let me know in the comments. Alright. Let's keep it going.

Jordan Wilson [00:08:46]:
Number 22. I said AI robotics will grab the limelight and start being used in real life. So I think we're getting there. I don't think we're there yet. Again, this is the midterm report. But figure AI was figure wasn't even a thing. Right? Well, no 1 had heard about figure. Figure announced their figure o 1, that kind of literally swept pop popular culture.

Jordan Wilson [00:09:17]:
Right? You saw them then on 60 minutes, right, in March where it demonstrated this very humanoid lifelike capabilities. Right? A humanoid robot that could understand. You can talk to it. It could process things. Right? I showed everyone the video of this live here. I think back in March when it came out, I was actually at the NVIDIA GTC conference, on that Monday when it came out. Crazy. Right? The fact that a humanoid robot using a large language model can understand natural conversations.

Jordan Wilson [00:09:49]:
You don't have to speak to it as a prompt. You can say, yo. What's up? What are you doing there? And it's gonna say, oh, I'm cutting apples. Right? Like, it's it was a wild demo, and it can actually perform a task and then also understand and have a conversation unrelated to the task at the same time while completing a physical task. So humanoid robots, I know people, like, get weird about it, and they're like, oh, that's that's some Terminator thing. No. It's not. It's it's literally happening.

Jordan Wilson [00:10:16]:
They are, allegedly going for sale, yet in this calendar year. So, I do think that they grab the limelight. I don't know if in 2024, they'll be they'll start being used in real life. I know already a lot of, factories are already using some of these humanoid robots. I don't know. Hey. I don't know who judges. Right? What that what that means if if they're being used in real life.

Jordan Wilson [00:10:41]:
But hey. What do y'all think? Joe Joe says, but hey. Let me know in the comments livestream, am I am I right, wrong, or other on that 1? Joe Joe, great great points here. Says AI robotics are cool, but not ubiquitous. The technology isn't there yet. Yeah. I followed this space obviously very closely. Actually, the founder of, FIGURE always has a great weekly roundup on AI Robotics.

Jordan Wilson [00:11:11]:
I was lucky enough at that GTC conference to talk to the head of robotics at NVIDIA. Right? We had a conversation with him. I got to see, in NVIDIA's Isaac's robotics platform be unveiled live. I was sitting on the floor as, NVIDIA CEO Jensen Huang kind of, unveiled all this. So I've seen this literally firsthand with my eyes, feet away from these humanoid robots. I talked to the person in charge of them at NVIDIA, 1 of the largest companies that's actually providing the software and the technology to so many of these companies using it. And I'll tell you, I think the technology is a lot better than people realize. Right? If you go down a a short and quick rabbit hole on robotics and AI and large language models, I guarantee you, you will be equally shocked and a little scared and a little scared.

Jordan Wilson [00:12:04]:
Alright. Hey. Thank you. Hitashita, sorry if I didn't get your name right, said, hey. For some of these predictions, not there yet. Alright? Let's keep it going. Number 21. AI misinformation will run rampant during the 2024 election cycle.

Jordan Wilson [00:12:23]:
Alright. I'll go ahead and let me know let me know if if if if we're right or wrong on that 1. I'll say this. I don't know if it's running rampant yet. However, the election cycle is just starting to heat up. Right? Generally, it would actually be a lot hotter earlier. Right? Because during the primaries, you would actually have competition. This year, there wasn't really you know? And I'm talking about the US elections here, y'all.

Jordan Wilson [00:12:56]:
I know we have, I looked up our stats the other day, which we're getting near a 1000000 downloads, by the way. So thank you all for tuning in. But, you know, there's people from, I I think, 200 plus countries that listen to the show. I'm just talking about the US here. Generally, the US, election cycle really drags on, especially because of the primary season where Republicans and Democrats choose who their candidate is. This year, that wasn't ever in question. So I don't think, actually, kind of the election cycle has really heated up. But I would say starting in late summer, we're going to see this.

Jordan Wilson [00:13:28]:
And we've already seen the potential for AI information and miss, misinformation and disinformation. And here's here's the other thing y'all. Speaking of, you know, recent news, Runway just, released gen 3, couple couple hours ago. Right? The tools are maturing before our very eyes. Even, I'd say, 5 weeks ago, there weren't enough tools out there to really, push this misinformation and disinformation in the US election cycle. There there weren't. Right? But now we have. So we we still don't have OpenAI Soarer.

Jordan Wilson [00:14:10]:
Right? So when we talk about text to video but we have a lot of new text to video programs that, you know, I'd say the text to video parts, you can still tell that, you know, they're AI generated. But some of the photo to video in these programs, it is hard. Right? So, yes, we don't have OpenAI, Sora. I hope that OpenAI sits on this past the election cycle. It's would, I think, be dangerous for them to release it before. But, I mean, we just saw Runway Gen 3. And if you haven't seen that, we're gonna be sharing that in our newsletter. It is very good.

Jordan Wilson [00:14:44]:
For some instances, it is hard to tell. We had Luma Dream Machine, pretty good. We had Cling out of China, pretty good just in the last couple of hours or couple of weeks. So, I think as these tools over the in in the coming weeks months are going to mature and get better, and that just causes the potential for disinformation and misinformation in the US election to go up. So although I don't think yes. There's been stories. I don't think it's swept, the electorate, so to speak, but I think it is going to be problematic. Let me know what y'all think.

Jordan Wilson [00:15:16]:
Alright. Number 20. And you know what? I do have to call out. If I'm gonna call out myself, I'm gonna call out others. A lot of people when I came with these hot takes, these bold predictions, people are like, no. You're crazy. None of these are gonna come true. Right? When I said no meaningful AI legislation in the US around artificial intelligence, everyone's like, oh, of course, there will be.

Jordan Wilson [00:15:40]:
No. I I'll I'll I'll go ahead and answer this. Dead right on this 1. Dead right. And nor will there be any meaningful legislation around AI anytime soon. Right? My background, I was an investigative reporter for for quite a while. I covered, politics. People don't understand.

Jordan Wilson [00:16:01]:
They're like, oh, like, even copyright law. You know, there's gotta be a new law. Like, no. There's not. Do you all do you all know how long the copyright act took? It took 10 years after it was announced. And then there was a a 10 year period before that where lawmakers were researching it. So it took 20 years, and people are like, oh, yeah. We're gonna see, we're gonna see new copyright law this year.

Jordan Wilson [00:16:25]:
You know, bookmark it. No. You won't. Like, do y'all really not know how, like, legislation works here in the US? With a functioning government, it took 20 years to get meaningful copyright laws. Right? There's a big difference between laws and legislation versus executive orders, right, from a Biden White House, Trump White House put can put out executive orders on artificial intelligence. That mean really nothing. Right? And then you can have, you know, regulations from the FTC. Right? But those aren't laws.

Jordan Wilson [00:16:59]:
Those are, hey. If you break these, you're getting fined. There will be mark my words. Yo. We are still legislating the Internet from, laws from 1996. There there aren't even any modern laws, federal laws regulating the Internet. Congressional. Right? Literally, I believe it's section 230 is from the mid nineties.

Jordan Wilson [00:17:23]:
That is what we are still using. So if you think that, you know, there's gonna be some federal laws around AI, you are wrong. Not going to happen. Period. Period. It won't. Yeah. Yeah.

Jordan Wilson [00:17:42]:
Jennifer's saying you just can't control it with a new law. Everybody said that when the Internet first started becoming popular yeah. And nothing happened. Not absolutely nothing happened. Alright. Joe says, congress still thinks the Internet is a series of tubes. Yeah. Don't get me started on that 1.

Jordan Wilson [00:17:58]:
Alright. Let's keep it going. 19. I said, hey. And we're going over our 24 bold predictions that I made back in 2023 on AI 19. A lot of talk about AI watermarks, but they won't work. What do y'all think? Well, there's been a lot of talk on this. Have they worked? I don't know.

Jordan Wilson [00:18:19]:
I don't think so. So, yeah, AAA lot of companies I think Google has done a great job. Meta, a lot of the social companies have done a good job saying, hey. We are going to watermark. We are going to denote AI content. I don't know. I'm not on social media all the time. I don't see any of these watermarks out in the wild.

Jordan Wilson [00:18:37]:
I don't even think Google has fully, implemented or integrated this. I don't know. I don't I don't think that they're going to work. Right? As soon as there is a, some sort of widespread agreed upon watermarking system that denotes AI content, whether we're talking about photos, whether we're talking about video, whether we're talking about text. As soon as there is a a an actual watermark that does work, which I don't think we're there yet, there's gonna be 20 companies that are going to be popping up and taking it away and, you know, removing it without a trace. Uh-huh. Alright. So let's keep this going.

Jordan Wilson [00:19:21]:
And let me know, hey. For 19, that's 19. Was I a right, b wrong, or c, other. Alright. 18. 18. I said Grock will fade into oblivion. Alright.

Jordan Wilson [00:19:34]:
Again, these are from November, December. So, people I kid you not. Go back and read. Go back and read. People thought that Grok from Twitter x Elon Musk, whatever you wanna say. Grok, the large language model, based on or built in, side of the Twitter platform. People literally smart people with brains, I kid you not, literally thought that Grok was going to erase, literally, smart people that talk about AI, that cover AI. They're like, Grok is going to change large language models.

Jordan Wilson [00:20:12]:
I have 1 word, tomfoolery. No. I've said since before it was released, literally. That's why I'm doing this show. I'm going back to fact check myself. I said it will fade into oblivion. Does anyone out there hey. We have AAA sea full of AI enthusiasts listening, joining us on the livestream.

Jordan Wilson [00:20:32]:
Does anyone out there use GRAC on an ongoing basis more than ChatGPT, Gemini, Claude? Let me know yes or no. Y'all, I've said this all along. And people are like, oh, Croc is gonna be so amazing. Well, it is trained on a cesspool of data. Right? Twitter. Hey. I love Twitter. I'm on Twitter all the time.

Jordan Wilson [00:20:57]:
Twitter is mainly it's it's it's bots. Right? If you are training a large language model on just just a bunch of trash data. Right? Let's be honest. You're not gonna have a good large language model. You need quality data when you are training a model. If you are training it on Twitter, which is a lot of just armies of millions and millions of bots literally, That's what you're training your model on in so much disinformation and misinformation and so much of what is even on Twitter is generated by large language models. Actually, some of the better things that are on Twitter is generated by large language models anyway. So you either have regurgitated content or just garbage bot content.

Jordan Wilson [00:21:42]:
Do you think that's gonna be the basis of a good large language model? No. I'm gonna go ahead and say, for number 18, I was AAAAAA. Right right right right right on that. No 1 uses grok. No 1 serious sorry. Sorry, Elon Musk. No 1 serious uses grok. They don't.

Jordan Wilson [00:22:03]:
People thought, oh, croc, croc. Alright. 17. Weird. This seems like it was written yesterday, but guess what? It wasn't. 17. Apple will join the AI party late and be the coolest kid at the party. Guess what? Yo.

Jordan Wilson [00:22:20]:
I know 2023 seems like forever ago, but remember, we we we barely had Gemini. Right? Like, all all of our generative AI systems, so many of them were were infants at the time. People didn't know if Apple was even going to be in the AI game. I said, hey. They're going to join the AI party late, and they're gonna be the coolest kid at the party. Hey. What do y'all think, livestream audience? Tara says a plus plus plus plus with a lot of pluses. Was was I right on that 1? Was I wrong on that 1 or other? And, hey, as a reminder, if you have hot takes, get them in.

Jordan Wilson [00:22:57]:
I wanna I wanna feature some of yours, in today's newsletter or your reaction to some of these bold claims from 2023. Alright. Number 16. Home assistance will finally get smart. Finally. What do y'all think? There's been a lot of announcements. Right? There's been a lot of announcements in this space, with these with these home assistants. But, I mean, has has anything happened yet? I don't I don't know.

Jordan Wilson [00:23:34]:
You know, we've seen that Alexa's next version is going to be using a large language model. It may actually be a paid subscription is what we heard. We saw Google Astra, Project Astra from Google, which seems incredibly smart. GPT 4 o, which will in theory be powering Windows as well and Windows smart devices or smart assistants. It seems incredibly intuitive. Right? Y'all remember, you know, we talked about on the show here a lot. The spring the spring event from OpenAI. And so this assistant, in real time, it looked unedited because there were some mistakes in there.

Jordan Wilson [00:24:13]:
It not only could respond. Right? You could talk to it and say, hey. Read me a bedtime story. Then you could say, hey. I wanna hear some some fear and excitement in your voice. Right? And it responds in real time, and then it can denote and detect, emotion in your voice as well. Right? Smart assistants have been incredibly dumb for 15 years or however long they've been out. Although it's not publicly available yet, it could be at any day.

Jordan Wilson [00:24:39]:
I do think in 2024, again, not publicly available yet, but between project Astra, between Amazon integrating, with large language models, for their next, Alexa and the GPT 4 o, People call it her. I call it Live Omni. I think we're it's probably gonna be very smart. It's probably gonna be very smart. Brian says if Alexa goes paid, I'll be done with them and figure out how to use a better option. Yeah. I can I can kinda kinda think that as well? I agree. Joe says smart smart home assistants are so dumb.

Jordan Wilson [00:25:18]:
Yeah. They're they're not very smart right now. Hey. Midway through, do we have it publicly available? As of this moment, no. But there's betas out there in the wild. People have, you know, working versions of GPT 4 o in the wild. So some people have it, and they are incredibly smart. As of today, maybe not.

Jordan Wilson [00:25:41]:
Alright. 15. AI agents will actually become usable. And I've said in 2024, we will see more agents than humans. Right? Let me know. Am I right, wrong, a right, b wrong, or c other. Leave me a comment. Agents.

Jordan Wilson [00:26:02]:
Right? Here's the thing. If you don't if you don't follow this space, you might be like, oh, that's wrong. Right? Do we have any of these right now? No. But, again, just talk about GPT 4 o, which will essentially have agent capabilities. Right? Y'all, when you have a desktop app, right, and you can click on 1 button, and it can instantly see everything that you're doing, And you can talk to it, and it can talk back, and you can interrupt it. Right? Right? If if if if you're writing some code and you have, you know, multiple screens open, you can click 1 button and be like, yo. Smart assistant. Agent, what's going on here? I spent an hour on this.

Jordan Wilson [00:26:43]:
I can't figure it out. And they spit it out the answer in a second later and solve it for you. I don't know. That seems like agent capabilities. I think some people originally, when we talked about agent capabilities, they thought of something very technical and not very intuitive. Right? They thought about like, oh, like, think of like Zapier. Right? And how you can, you know, put together, you know, string together these, you know, 10 different automations. I think earlier, right, at the time when I made this prediction, I think there was only LangChain out there.

Jordan Wilson [00:27:14]:
Right? And people thought of it like that. Right? Hey. LangChain just released their cloud version. It's very good. Has agent capabilities. Microsoft, announced their agent studio. Right? So that should be rolling out, literally in the coming weeks. You know? They just announced it.

Jordan Wilson [00:27:31]:
Literally, an agent studio. They said you could build agents that can automate all of your work. Push a button. It's gonna do all your work. Right? That's Microsoft. I'm not talking about some unknown company. Same thing. Google, Astra, I talked about.

Jordan Wilson [00:27:43]:
OpenAI, GPT-4, GPT-4 o. So are we there today? Probably not. Are we gonna be there? Hey. Looks like we are. And, again, y'all, these were actually both like, I know these seem soft now. No 1 no 1 was thinking this was a a reality in November December of 2023. No 1 was. Right? Are there gonna be more agents than humans? Hey.

Jordan Wilson [00:28:10]:
We still have 6 months in the year. I wouldn't be surprised. Alright. 14. 14. Retrieval augmentive generation or rag will become the next AI buzzword. Right? I don't know. What do y'all think? Pod our our podcast audience, have you started to heard rag a lot more? I've been hearing it as a verb.

Jordan Wilson [00:28:39]:
Yeah. We can rag that. We'll be ragging that. Right? You know, I talked in in the original episode that, you know, 2023, the dictionary.com, word of the year actually was hallucinate. So I I don't think that rag is going to be the 2024 word of the year. But, hey, if you are in the AI space, if if your company is implementing generative AI systems, large language models, 1 of the things that you have to understand, 1 of the things you have to be working on, I've literally we did a a consult yesterday with this very, very big company talking about Rag. Right? I was working with a 20 +1000000000 dollar company a couple weeks ago talking about rag. Smart companies right now and for the last couple of months have been talking about RAC because, hey, you can bring in all the best, all the most capable large language models.

Jordan Wilson [00:29:29]:
But if you don't have your own data, if you don't have some semblance of retrieval augmentive generation, those large language models aren't going to be very helpful. Right? And here on the show, and we've been teaching now for many months, is this concept of miniRAG. Right? Even doing targeted calls with different large language models for mini rag. And that's what hey. Do we have any, prime prompt polished PPP graduates in the house? Let me know in the comments if you do, but, you know, we just updated. We updated our, free training. We got this going on in, what, 3:3 hours. We have 1 going today.

Jordan Wilson [00:30:03]:
So, shout out PPP. If you've done it, let me know. If you wanna access, you know, you can get in today in a couple hours. But we rebuilt our training after more than 55 100 business leaders have taken it live free. You can ask questions. 1 thing is we tweaked our process, our priming process, using what we call refined queue, and it's essentially mini rack. Right? It's a way within a large language model. It's not traditional retrieval augmented generation, but it is a mini RAG.

Jordan Wilson [00:30:32]:
We literally teach you how using out of the box large language models to do a very small semblance of rag. Right? Because you have to have your own data. If you don't, you're gonna have 2023 words of the year hallucinations. Alright. Hey. Thanks, George. George said PPP is the best. I think you're the best, George.

Jordan Wilson [00:30:54]:
Alright. 13. Traditional Internet browsing becomes unbearable. Unbearable. Maybe this is a personal grievance of mine, but let me know. Hey, livestream audience. Am I, a, right, b, wrong, or, c, other? Get your get your comment in or get your hot take in, and here's what this is about. I said this many months ago.

Jordan Wilson [00:31:17]:
People don't understand. Even ChatGPT, no 1 noticed. ChatGPT became perplexity. I don't know if you've actually pushed the new version of ChatGPTGPT-4. Oh, they didn't announce this. It has become an answers engine. I did a video on this. I'm like, literally, no one's talking about it.

Jordan Wilson [00:31:37]:
Months later, no one's still talking about it. Right? So when we talk about perplexity being an answers engine, I think gbt4 o, with a targeted browser with Bing call becomes an answer engine. And the reason being, you know, and Google's been waffling, back and forth on this as well. I don't know. I'd say a for this. I'd say I was right. I can't use the Internet anymore, y'all. I I am not I am not kidding.

Jordan Wilson [00:32:01]:
I am not kidding. I currently have a split screen up on my other screen. I always have perplexity and GPG 4 o, and that's how I do my web browsing. I can't browse the web anymore. Right? Why? Well, because content companies, media companies, publishing companies have lost so much traffic. Right? Because of perplexity, because of Chad GBT, because of Gemini. Right? Like, so many of these companies have survived and thrived for a decade or longer or decades because people go to their website, and they spend time on their website, and they click around, and they get to serve all those ads. So now fewer people are going there.

Jordan Wilson [00:32:37]:
What that means what? They triple down on the amount of ads. I can't use the Internet anymore. It is terrible. Like, I I've literally done episodes on this where I screenshot, and I'm like, this this a literal screenshot on my page. There are 4 pop up windows, and the actual area where the content is, especially if I'm on a smaller screen, is less than 10% of the screen, and you literally physically cannot read anything. The Internet is unbearable. Traditional Internet is unbearable. What do y'all think? What do y'all think? Tara says extensions for the win.

Jordan Wilson [00:33:17]:
Is the Internet unbearable? Jennifer says that she agrees. Joe says Internet browsing has become mundane. I think SEO will be the next big thing to go. Yeah, Joe. That didn't even make my top 24, but I've been saying for a while, traditional SEO is rest in peace. Alright. Let's keep going. 12.

Jordan Wilson [00:33:37]:
This one's funny. Speaking of receipts. Right? Again, y'all remember, these seem like safe bets now. I think so many of them seem like safe bets. This was 20 this was 2023, 6 months ago, which in AI ages, like, 6 years ago. I said AI copyright battles are going to become commonplace. Alright. This episode was December 21st.

Jordan Wilson [00:34:04]:
Alright. Guess what happened 1 day after this episode? And there was no rumors. There were no rumblings. This was out of nowhere. 1 of the largest copyright cases of our generation. Right? It is still ongoing. New York Times sued OpenAI and Microsoft. People didn't believe me.

Jordan Wilson [00:34:27]:
I said there are going to be huge lawsuits, huge companies, literal countries, right, especially in the EU being like, hey, tech trillionaire companies. You do know what you're doing is just obliterating copyright law. Right? And that's the reality. Right? That's large language models gobble up and train copyrighted content. Literally, the day after this show, that, that lawsuit was announced, and there's been dozens of others. So, you can say you can let me know if I'm, a, right, b, wrong, or c, other. I'm gonna go ahead and say probably very right on this. Alright? And I know sometimes I go off on tangents, but keep your eye keep your eye on New York Times versus OpenAI and Microsoft.

Jordan Wilson [00:35:18]:
Right? We've seen so many content partnerships. Go back. Go back. This is the receipts edition. I went back. I've been saying for more than a year that there's only 3 ways this goes. Alright. So if you are part of a media company, you better to figure out which of these 3 paths you are taking because you are taking 1 of the 3.

Jordan Wilson [00:35:38]:
You will either do the Microsoft path. Right? Or sorry. The the, New York Times path. You will sue or join a series of lawsuits, class action suits against large language model makers. That's option 1. Option 2 is you enter into a content partnership, either individually or as part of a group, which is what we've already seen. Right? Time. Hey.

Jordan Wilson [00:36:00]:
Time Magazine. They're pretty big. Right? They just announced that last week. The Associated Press, the Financial Times, Axel Springer, some of the largest media companies in the world have went for option 2. Option 3, you die. Right? Even right there's there's been articles. Oh, you you could say, oh, no. No, Jordan.

Jordan Wilson [00:36:21]:
We're gonna put up, we're gonna block. Right? Because you can block all these, scrapers, the GPT, perplexity. Right? And you can say, hey. Large language models, you cannot access our site. So, no, Jordan. You're wrong. We're gonna block all these models, and we're gonna still go with the traditional route. No.

Jordan Wilson [00:36:36]:
You're not. They've already bypassed that. Right? There's already been huge stories. A lot of controversy. All these big media companies said, oh, we put up, you know, essentially blocks in our robots dot TXT file to disallow or keep these scrapers, keep these large language models from ingesting our copyrighted content. Guess what? It doesn't work. They still do it. They don't care.

Jordan Wilson [00:36:55]:
There's workarounds. They use, quote, unquote, 3rd party scrapers or third party data aggregators so they can pass the blame on them. They still gobble up all the copyrighted content. 3 choices. Every single leg legacy media company. You either sue, you either join the team, or you die. Period. No fourth option.

Jordan Wilson [00:37:16]:
And we're seeing that already play out. People didn't think that there would be I literally said, you are going to see. It is going to be like NBA players. Right? Like, when NBA players or NFL players sign, like, a $30, 000, 000, like, yearly contract and you're like, what? Yeah. That's what we're seeing. I think Reddit got, like, $20, 000, 000 a year. Right? You are going to literally see, I think, I think you're gonna see 9 figure yearly, partnerships pretty pretty soon. We're already in the 8 figure yearly partnerships.

Jordan Wilson [00:37:47]:
I think we're gonna see 9, especially when the shoe drops on Microsoft, in in OpenAI on that lawsuit, whenever it's I presumably, it's gotta be settled. If you if you wanna listen, go back and listen to that episode. I think I think, I think the legal team dropped the ball on that 1 a little bit, but, it's gonna be pretty monumental. Alright. Number 11, GenAI training demand will outpace supply. I don't know. What do you all think? What do you guys think? I'll let you guys answer that 1. But my my hot take in December was, hey, There's gonna be more people, more companies needing training than there will be supply.

Jordan Wilson [00:38:33]:
Let me know if that's right, wrong, other. Drop it in there. Let me know. We're gonna get going, so don't accidentally turn this into a 2 hour episode. Alright. We are in our top 10 for 24 bold predictions I made in December about this year, and we are at our midway point. I'm getting my report card. The everyday AI midterm, we're seeing if if we passed or failed.

Jordan Wilson [00:39:00]:
Alright. Top 10. Big tech big tech companies will become venture arms. So I said, Microsoft, you know, Amazon, Nvidia. Right? I I essentially said, hey. These big tech companies, they are going to become venture arms. Well, there's always receipts. As an example, Amazon has invested a total of nearly $3, 000, 000, 000, that's with a b, in a single company.

Jordan Wilson [00:39:34]:
People thought I was weird. People are like, no, Jordan. These big tech companies aren't going to become venture arms. They're not gonna become essentially giant private equity, and I'm like, they absolutely are. They absolutely are. In you wanna know who 1 of the most successful investment companies is in the entire world? NVIDIA. NVIDIA. Right? So investing money and compute in companies.

Jordan Wilson [00:40:03]:
Right? And that's what we've seen. Same thing with, Amazon. Amazon's investing money, and they're investing cloud resources with AWS. Guess what everyone needs? Everyone needs more compute. Everyone needs money. Right? So you are seeing, especially, I think, NVIDIA, Microsoft, Google. What's that? Microsoft, Google, Amazon, and NVIDIA, I think probably by the end of the year, if you look at valuations, I'm sure someone does this math out there, I think they are going to have more in their portfolio of investments than the largest investment companies out there because they are investing in the companies that are growing. They are giving them what they need.

Jordan Wilson [00:40:48]:
Because you know what's even more valuable right now for some companies than money, and this sounds wild, compute. GPUs. Because guess what? You can't buy. If someone wants to go buy a 1, 000, you know, Blackwell chips from NVIDIA, you can't. Good luck. Right? And those are technically the old chips. It is more valuable right now than money, because guess what these companies are are raising money for. We wanna raise, a $1, 000, 000, 000.

Jordan Wilson [00:41:17]:
What are you gonna do with that 1, 000, 000, 000? Well, 50% of it's gonna go to compute. Right? These companies hold the key. Yeah. That's wild to think. Something more valuable than money. So what do you think? Right, wrong? We'll we'll have details, but, hey, I gave you 1. Amazon literally invested nearly $3, 000, 000, 000 in 1 company in Anthropic. Has any other, private equity VC firm invested $3, 000, 000, 000 in a single company? I don't think so.

Jordan Wilson [00:41:49]:
I don't know. So if if you look at the writing on the wall, I'm biased. I'm gonna say right there, but let me know. A, right, b, wrong, c, other. Leave a comment. Number 9. Oh, gosh. Here's an interesting 1, y'all.

Jordan Wilson [00:42:01]:
More than a year ago more than a year ago, I said, hey, y'all. You guys should pay attention to this little company called NVIDIA. Yeah. Go look on the website. More than a year ago, I said this, summer 2023. I said, hey, y'all. Keep an eye out on this little company called NVIDIA. I'm like, I'm a dork.

Jordan Wilson [00:42:22]:
I follow this every day. NVIDIA is gonna become the biggest company in the world. I said it. Go back and watch, read, listen. In December, people still weren't believing me. Right? At that point, their stock went from, I think a 150 something to, $500. I have a screenshot here. $489.

Jordan Wilson [00:42:43]:
So still in December, I'm saying number 9, NVIDIA's stock will continue to soar. From December until June, it nearly tripled. Y'all, I don't know. Some in some of my friend groups, I hate saying this, because when I put this out there, everyone's like, oh, no. You're wrong. No. You're wrong. NVIDIA is not gonna keep growing.

Jordan Wilson [00:43:09]:
I'm like, yeah. They will. Didn't you hear me just say that they have the thing that's more important than money right now? They're so big they had to go through and do a a stock split. Right? And I still think I still think that, you know, even after a stock split, you know, they were up to, I think, about $2, 700. They were literally the most valuable company in the world. They've been going, you you know, back and forth with, Microsoft and Apple in the 1, 2, and 3 spot, but they went from a literal unknown. No 1 in the unless you were a dork like me, unless you were a Bitcoin miner, unless you were a gamer, or unless you cover generative AI daily, a year and a half ago, no 1 really had heard or cared about NVIDIA. I'm like, yo.

Jordan Wilson [00:43:48]:
They're gonna be the most important company in the world. Look what happened y'all. And they are hey. In my December here, they still weren't even a top 5 company in December. And I said, their sound is going to continue to soar. I don't think you people understand what's going on. You can't say compute is the new data, compute is the new gold. No.

Jordan Wilson [00:44:06]:
It's way more valuable than data or gold. Compute. Sorry. But I'm gonna go ahead and give myself on that 1AAAAA. And if you still think, oh, NVIDIA's gonna fall no. They're not. No. They're not.

Jordan Wilson [00:44:23]:
This isn't official financial investing advice, but, no, they're not. You gotta be kidding me. Literally, every single tech company has formed 2 separate essential alliances to try and compete against NVIDIA. Literally, the biggest companies in the world, Google, Meta, Qualcomm, a like, AMD, all the chip companies. No one's competing. No one's competing, at least not for a couple of years. Alright. Number 8.

Jordan Wilson [00:44:50]:
Oh, this 1, 0, this 1 I might have gotten right and wrong at the same time. So I said GPT 5 will outshine Gemini Ultra. Alright. So was I wrong? Yes. Was I also right? Kind of. Right? Because we didn't see or at least not yet. We haven't seen GPT 5. And will we see GPT 5 in 2024? Maybe not.

Jordan Wilson [00:45:15]:
Maybe we will. I just, had a long post the other day. If you follow us I don't know. I think I put this on the Twitter machine about how I said if I'm OpenAI, I am not even releasing a new product. I don't need to because it is still even with Claude 35 Sonnet, which is extremely impressive, even with Google Gemini and their 2, 000, 000, context window. Right? It's still not good. Gemini, still not good. Sorry.

Jordan Wilson [00:45:44]:
It's not. Not comparatively. Right? Go look at Elo scores. Don't look at me. Right? I tell people always always look at the chatbot arena Elo scores. If you don't know what that is, there's been more than a 1000000 votes. Right? And you put in a prompt, you get side by side blind results, and people vote for which one's better. Still, after more than a 1000000 votes, GPT 4 o is still at the top.

Jordan Wilson [00:46:08]:
It's spanking Google and even Claude 35 SONET, even though it's close, GPT 4 o is still the winner in Elo scores. So blind head to head testing from real users, real prompts, real scoring, GPT-4o is still winning. So will we see GPT5 outshining Gemini? I don't know. I don't know. We might see a GPT 45. I've said this before. I don't think the model that we have today, because it's the same if you are using the free model or the free version of ChatGPT and the paid version, you get GPT-4 o. I've said all along, that's not the model that we're the paid users are going to have access to, in 2024.

Jordan Wilson [00:46:50]:
There will be a new model, whether that's just an upgraded under the hood, whether it's called 450, whether it's called 5. I don't know. But a new model will be out there. We went and did a bunch of digging on this. We did an entire episode, but they essentially OpenAI leaked 3 different, models on the chatbot arena. Right? And 1 of them, they later said, oh, yeah. This was actually GPT 4 o. Guess what? There were 2 others that were benchmarking higher.

Jordan Wilson [00:47:18]:
Guess what? What are those? No 1 knows. But I'm guessing 1 of those is probably 45, right, or 5. I don't know. But, regardless, I got this maybe right and wrong, but we're halfway through because there is no GPT 5, but GPT 4 o is spanking Google Gemini. Let me know what you guys think. Dini here says, well, GPT-4o outside is Gemini, so 5 should too. Yeah. I agree.

Jordan Wilson [00:47:47]:
Alright. Let's keep this going. Joe Joe says, Jordan, maybe you should become a day trader. I I always said if I had more time in my day, I don't know, something about doing a daily livestream, daily podcast, daily newsletter, free live weekly trainings. Something about that is a little time consuming, but, yeah, I could. I probably could. I like numbers. I like AI.

Jordan Wilson [00:48:13]:
Alright. Number 7. I like this 1 y'all. Number 7. 2024 will be the year of video AI. Although I did say specifically Pico Labs, I did say it'll be the year of video AI. And you know what? A lot of people, a lot of the shout out to them. They kept their tweets up, but there's essentially some of the most prominent, quote, unquote, you know, AI influencers or AI educators on Twitter said literally the exact opposite.

Jordan Wilson [00:48:45]:
Literally. They they still have their tweets out there. Maybe I'll comment on them and, call them out. But they said, nope. AI video is not gonna become a thing. And I said, yes. It will. I don't think you people understand what's going on here.

Jordan Wilson [00:48:56]:
Do you? Yeah. AI video is really good. If you still think of, like, Will Smith eating spaghetti, nope. Nope. Right? We saw the first, quote, unquote, first mainstream, AI commercial. Toys R Us used Sora. Is it the best ever? No. Can, with a discerning eye, can you tell it was AI generated? Yeah.

Jordan Wilson [00:49:22]:
But guess what? 99% of the population probably had no clue. Right? Because you're not taking 50 screen grabs of a 1 minute commercial and comparing them side by side. The average viewer probably had no clue. They probably saw that and they're like, oh, this is cool. I like this. Generated completely with artificial intelligence. I don't think people understand how good. Look at we'll we'll share some comparisons.

Jordan Wilson [00:49:54]:
Right? Like I talked about, Runway, Gen 3, just released. Dream Machine from LUMA, just released. Cling, Chinese company just released about a month and a half ago. OpenAI Soarer is not even publicly available. The AI video just over the last few weeks, bonkers, y'all, and it is good. We'll we'll try to share just a runway gen 2, gen 3 comparison. To say it's night and day is doing a disservice to that comparison. So we're midway through, but let me know.

Jordan Wilson [00:50:37]:
A, right. B, wrong. C, other. Let me know. I wanna know. Hey. Yo. I need you.

Jordan Wilson [00:50:44]:
I know I can be biased sometimes, and y'all said bring bring the heat on a hot take Tuesday today. So I'm coming with some opinions, But let me know. I need you guys to keep me in check. Am I right, wrong, or, something other? Alright. Number 6. Alright. We're we're getting in top 5. I'm gonna go a little quicker now.

Jordan Wilson [00:51:01]:
I said GPT rappers are going to die. Alright. So, essentially, what that means, if you don't know, in November, December, essentially, GPT rappers were huge. Huge. There were literally dozens of companies that were making, and they shared you know, they all shared this online, that were making 6 to 7 figures a month. So, yeah, you know, are they companies or side hustles? I'll leave that up to you. But if you're making $1, 000, 000 a month, I'd I'd say that's a that's a business. That's a company.

Jordan Wilson [00:51:33]:
Right? But there were so many essentially, quote, unquote, AI tools that were GPT wrappers or AI wrappers. Right? So that's essentially in a matter of, like, an hour if if you're fast and if you use AI. You can literally create a program, an app that uses the OpenAI technology, and you can, put it on the front end and say, oh, look. I have a product. And on the back end, it's using OpenAI's API or it's using Claude's API, right, or it's using, Stable Diffusion, etcetera. You can create an AI product or service in a couple of hours if you use AI and if you know what you're doing. Right? But so many of them rose to prominence. Right? A good example, PDFs.

Jordan Wilson [00:52:15]:
Right? Before OpenAI, kind of released GPTs, before they released their new interface in, in December, there were dozens of companies that literally all they did is they said, hey. Upload your PDF, and you can chat with it. Alright? Literally, there's dozens of companies that this is literally all they did. I don't know if any of them are around today, but I don't think so. I don't think so. Hey. That's an area where Google Gemini shines. That's an area where Claude, anthropic in their 3.5 shines, and the new projects feature, which is amazing.

Jordan Wilson [00:52:54]:
I just did a comparison of projects in GPTs yesterday on our YouTube. Did did I did dozens or hundreds of companies die? Yeah. Is there a track record? I'm sure someone's keeping track, but let me know. Did all the big GPT rappers die? Was I right or wrong about that? Sound off in the comments. And, again, please get your hot takes. Get your comments in. I wanna throw some in the newsletter today. Number 5.

Jordan Wilson [00:53:21]:
Oh, here we go. Number 5, I said and this 1 was probably hot. Right? So in December, this was like peak GPT store. Right? So OpenAI in November, they, kind of announced, and then in December started to roll it out, the ability to create your GPTs. And a lot of people were like, oh, this is going to be bigger than the iOS App Store, and I think it maybe could have been. Is it today? I don't think so. But I called it in December. I said OpenAI will need a GPT boost for its GPT store to be a smash hit.

Jordan Wilson [00:53:59]:
Alright? So I said, at the time, and I quote myself. I said, I don't think GPTs are quite there. And I did say, this GPT store, there was a lot of hype. There's a lot of hype. They said, hey. This is gonna be the next iOS, you know, store. Obviously, there's been, you know, companies for now a decade and a half that are huge companies. Right? There's literally companies that are, 8 figure, 9 figure companies that just started as iOS app developers, and they obviously grew, right, into huge, huge companies, unicorns.

Jordan Wilson [00:54:36]:
And a lot of people said, oh, we're gonna see the exact same thing with the open AI, GPT store. Well, no. I did roast it when it came out and I said this isn't even a store. And OpenAI completely dropped the ball here, and I don't know. I said that it's going to need some additional features or stability. I said as it was released back in late November, early December, it wasn't going to be a smash hit. So do you think the GPT store was a smash hit? I don't know. Let me know.

Jordan Wilson [00:55:06]:
A, right, b, wrong, c, other. What do you think? Do you live in the GPT store? Are you using the GPT store as much as you're using, like, an iOS app store? I don't know. Number 4, and here's where we get into touchy subjects, y'all. I know you don't wanna hear these. Alright. Number 4, I said job prospects will be scary. AI in the workplace will lead to massive job loss in the US. Yeah.

Jordan Wilson [00:55:41]:
Yeah. Let me know. I know we don't want to talk about this, but we have to. We have to. Right? I'm not, you you know, I'm not gonna take up another, you know, 10 minutes of your time talking about this. But we did we did a show. We did a show earlier this year that looked at this, that looked specifically at this very thing. Right? It was, will AI take your jobs? It was our 1 year, kind of our our our 1 year episode, our our our 1 year anniversary special.

Jordan Wilson [00:56:14]:
And the answer is, yeah. It is. People didn't pay attention, but in the Q1 and now that the Q2 is in, we will do a probably do a similar show once some of these numbers start coming out. Tech layoffs were at an all time high in the Q1 of 2024. And guess what? It was also from companies that were recording record profits. Doesn't make sense. Right? Talking Microsoft, Google, Amazon. Right? Companies that had $1, 000, 000, 000, 000 market caps and whose stock prices were at an all time high, whose profits were at an all time high, all those tech layoffs were also at an all time high.

Jordan Wilson [00:56:55]:
And people were like, What's this about? And I've been saying this to y'all for a very long time. I said follow the money, follow the big companies. That is going to set the pace, set the tone for the rest of, the rest of the workforce. And again, I've been saying this now for longer than a year. I don't know why I've always had this weird feeling about Q4 of 2024. Because I said, okay. The big tech companies, they're gonna start implementing generative AI and large language models, early 2022, you know, late 2022. You know, they've had this technology.

Jordan Wilson [00:57:29]:
They've been working on it for many years. And I said they're gonna start to see and reap the benefits in 2023, and then they're gonna start to go through a lot of layoffs in 2024. And, hey, can't argue with the numbers. Tech layoffs were at an all time high quarter 1 2024. And, hey, so many of those companies have invested 1, 000, 000, 000, tens of 1, 000, 000, 000 of dollars in AI, in their AI systems, in large language models, in other companies, yet laying off 1, 000, tens of 1, 000 of employees. People don't like to talk about it. Wall Street hates employees. Right? If you invest in AI, if you say AI on your earnings call, like, 85 times, you know, and if it was more than your last earnings call, if you talk about AI, if you invest in AI, if you implement AI, and if you lay employees off, it is literally the most successful blueprint right now for public for public companies.

Jordan Wilson [00:58:24]:
I did an entire episode on this. People don't wanna talk about it. I showed graphs. I said, oh, look. Here. Here's literally on a line graph the number of times a company, talks about AI in their calls, and here is their stock prices over the last year. I did our own original reporting because no 1 believed me. Oh, look.

Jordan Wilson [00:58:40]:
Can't argue with numbers. So let me know. Right, wrong, or other. 3. Alright. Top 3. I said early AI movers in the business world will gobble up bigger competitors. So I said generational fortune 5000, so not fortune 500, but fortune 5, 000 companies will start bleeding and get leapfrogged by smaller competitors.

Jordan Wilson [00:59:04]:
We're midway through. Right? So have we seen, dozens of horror stories about, you know, some big name players who were too slow, to adapt to AI, kind of fall off the the the face of the competitive business landscape? Maybe not. So I don't know. Even on this 1, I'm gonna say I'm gonna get myself a b on this 1. So wrong so far, but we are midway through 2024. So I'd love I'd love your thoughts. Does anyone else out there have a hot take on this? Are we going to see this yet in 2024 where early AI movers so those that, you know, a year and a half ago when Chad GPT first came out as an example, that adapted early. Right? I think we had AAA cautionary tale in Chase.

Jordan Wilson [00:59:57]:
Right? JPMorgan Chase as an example. And I've talked about this a couple of times before. Very early on in the chat, GPT, you know, kind of, 2022, late 2022, they were very public and very adamant against large language models, and they blocked it. And they said, no. No. No. No. No.

Jordan Wilson [01:00:14]:
And at the time, I said, they're gonna 180. They're gonna 180 on this. People don't know. They're gonna 180. They can't say no no no. They're a financial institution. Guess what large language models are great at doing? Financial analysis. 6 months later, JPMorgan Chase all in.

Jordan Wilson [01:00:30]:
Yes. Yes. Yes. Yes. Yes. And then you have dozens or hundreds of companies emulating. Right? That's how the business world works. There's probably, metaphorically speaking, there's hundreds of small banks and small financial institutions that have a poster of JPMorgan Chase up in their office.

Jordan Wilson [01:00:45]:
You know, like a kid slaps up, you know, a kid who wants to be an NBA player slaps up a poster of of MJ. Right? And you follow and you emulate them. There's hundreds of financial institutions that emulated Chase. And so when they first said no, large language models, no, AI AI bad, all those companies said AI bad. And then when, Chase and JP, JPMorgan Chase did a 180, and now they have their own internal large language model, then you had all these other financial institutions be like, oh, AI good. Must large language model everything. Right? So I think early on, there was a lot of follow the leaders, and some of the biggest, most visible companies were too late. They sat on the fence or they said no.

Jordan Wilson [01:01:24]:
And most of them have already done it about face because they realized, if we stay down this path, we're gonna lose. We're gonna get leapfrogged. We're gonna get gobbled up by either a similar sized competitor or a smaller competitor that's chasing us and has already successfully implemented generative AI. I mean, you saw similar things with, management consulting companies. A lot of them early on said, nope. Not a chance because they felt threatened. Because all the stories came out and they said, large language models are like having a McKinsey in your pocket. So a lot of large large language model companies or or sorry, a lot of, management consultant companies thought they were smart in saying, oh, no.

Jordan Wilson [01:02:00]:
We can't use this. This is a threat. Now all of a sudden, literally, most of the big management companies or, management consultant, your your big 4 and your 2nd tier, they're they're all investing 1, 000, 000, 000 with a b, 1, 000, 000, 000 of dollars in building their own large language models. Let me know. Alright. 2. Our last 2. We gotta wrap this up.

Jordan Wilson [01:02:22]:
This is a long 1. I tried to not make this a long 1 y'all. Number 2, big acquisition in the large language model space. So I said in no in no in November, December, I said there's no other way this goes. There has to be a big acquisition. I said either Google, Microsoft, OpenAI, or Anthropic will make some sort of acquisition. Guess what? This went under the radar, and it's being investigated right now, but Microsoft had an acquihire. Right? They essentially acquired, I believe who was it? Gosh.

Jordan Wilson [01:02:55]:
I should know this now. I think it was in was it Inflexion AI? Yeah. It was Inflexion AI. They essentially acquihired Inflexion AI. 1 of the biggest, I I would say they were maybe, you know, quote unquote tier 2, you know, maybe behind anthropic, behind OpenAI. But Inflexion AI was, you know, huge. Microsoft aqua hired them and they from that aqua hire or acquisition. Right? They they have their c suite now running Microsoft's new AI division.

Jordan Wilson [01:03:31]:
Personally, I think it was a very smart move by Microsoft. But, hey, it happened. It already happened. Microsoft hired that, you know, 2nd tier AI company. Huge 1. Right? It was just under, $650, 000, 000 in licensing, and I think they said in total, it would add up to being more than $1, 000, 000, 000. Pretty big acquisition, and it already happened, and we still had months. So let you decide if I was right, wrong, or other on that.

Jordan Wilson [01:04:01]:
And then our last 1, number 1, I said the generative AI wave will, in 2024, become a tsunami. Right? And and and and here's where this 1, here's my beef with this 1. Right? So many people, and I was vomiting in my mouth, you you know, in late 2023. Everyone's saying Gartner hype cycle, Gartner hype cycle, AI, Gartner hype cycle. Right? And they're like, oh, you know, we are at the peak of inflated expectations or whatever. And here we go. We're gonna go down next year. And I said, no.

Jordan Wilson [01:04:38]:
I said, the the Gartner hype cycle does not exist in this case. It literally does not exist, in the same way that the Internet was not hype. The Internet changed how we work. So my thought is there is no hype cycle. AI is just how we work now, and I've said this many times before. I said if you're not already using a large language model daily, if you're not already prompting daily, you will be soon enough. You will be soon enough. And there's no denying that.

Jordan Wilson [01:05:09]:
Right? Microsoft Copilot this week, is already starting to ship out and roll out its new, new and improved Copilot system, future versions of Apple. Right? So if you are a Windows team, there you go. The new, Windows Copilot PC Plus. I think that's how it is, PC Plus. Right? With AI baked in baked in on device AI. Right? Same thing. MacBooks coming out are gonna have the same thing baked in AI into the operating system. AI is not hype.

Jordan Wilson [01:05:45]:
AI is not a trend. It's how we work. It's the future of work. Alright. That's it y'all. I know this 1. I know this 1. Went a little long.

Jordan Wilson [01:05:55]:
Sorry about that. But if this was helpful, please go ahead, repost this, tag someone. I said, hey, if if we can get 10 people to repost this on LinkedIn. So if you're listening, on the podcast, make sure to check out the show notes. If if you're here on LinkedIn, go ahead, click that repo, share this with someone. If we can get to 10, I'll I'll maybe come with 24 new hot takes, and I'll make them even spicier for the rest of 2024. It seems like a lot of my hot takes were safe now, a lot of my bold predictions. But if I'm telling you right now, a lot of them seemed a little controversial or far fetched at the time.

Jordan Wilson [01:06:32]:
Did I get a 100% of them right? No. I told you at the end I'd let you know. So I I had perplexity, and chat gbt fact checked me this morning. It said, 20, 20 out of the 24, were either true or partially true, and the other 4, there was not enough information yet. So you all let me know, but, hey. At the time, I felt these were kinda crazy kinda crazy back in, back in November, December of 2023 to make some of these bold predictions, but it seems like a lot of them are happening, have either happened or are currently happening, and it's very likely that they will happen soon. So, I hope this was helpful. Please go to your everyday ai.com.

Jordan Wilson [01:07:17]:
Sign up for the free daily newsletter. We're gonna be recapping all these. So if you didn't listen or, hey, you can't do 2 x when it's live. So please, we're gonna be recapping everything in the, in the newsletter today. If you're still if you're still listening here live, let me know what you thought. Get your hot take in. What is your 1 biggest hot take for the rest of 2024? We're gonna get some of our favorite in today's newsletter. Please leave them.

Jordan Wilson [01:07:42]:
We'll shout you out. Thank you for joining us. We hope to see you back tomorrow and every day for more everyday AI. Thanks, y'all.

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