šŸšØ Meta backs Musk: OpenAI blocked?

šŸ¤ OpenAI exposes Muskā€™s secret demands

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TOGETHER WITH INNOVATING WITH AI

Welcome to AI Tool Report!

Mondayā€™s top story: Meta has sided with Elon Musk and written a letter calling for the Californian Attorney General to block OpenAIā€™s transition into a for-profit entity.

šŸ’¼ How does an AI enthusiast become an AI consultant? You join the AI Consultancy Project, by Innovating with AI

šŸŒ¤ļø This Morning on AI Tool Report

  1. šŸšØ Meta backs Musk: OpenAI blocked?

  2. šŸ’¼ How to become an AI Consultant with Innovating with AI

  3. šŸ¤ OpenAI exposes Muskā€™s secret demands

  4. šŸ”’ How to protect your personal info online using Incogni

  5. šŸš€ How to manage a product development team using ChatGPT

  6. šŸ“‚ New ChatGPT tool: Projects

  7. šŸ—£ļø Googleā€™s talking AI podcast hosts

Read Time: 5 minutes

FACT OF THE DAY

šŸ¤” According to the Academy of Animated Art, 76% of the US public believes that AI-generated art shouldnā€™t be considered art, and 74% of artists think AI-generated art is unethical.

STOCK MARKETS

Stock tracker

šŸ‘€ To keep track of the latest developments in the AI stock markets, read this.

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ETHICS

Meta backs Musk: OpenAI blocked?

Our Report: Meta has penned a letter to California Attorney General, Rob Bonta, asking him to block OpenAIā€™s transition from a non-profit to a for-profit entityā€”showing support for Elon Musk who, earlier this month, asked the courts for an injunction to stop OpenAI from becoming a for-profit enterprise (more on Muskā€™s lawsuit, next)ā€”-saying the move would cause "irreparable harm."

šŸ”‘ Key Points:

  • In the letter, Meta argues that OpenAI shouldnā€™t be allowed to ā€œflout the law by taking and reappropriating assets it built as a charity and using them for potentially enormous private gains.ā€

  • It believes the transition would set a precedent for ā€œinvestors to launch organizations as non-profits, collect tax-free donations, then assume a for-profit status as its technology becomes commercially viable.ā€

  • In response, OpenAI said theyā€™re ā€œfocused on fulfilling fiduciary responsibility by ensuring that the company is well-positioned to continue advancing its mission of ensuring AGI benefits all of humanity.ā€

šŸ¤” Why you should care: OpenAI is under immense pressure from investorsā€”who are funding its advancements and ambitionsā€”to transition into a for-profit entity and will need to return the funding it raised this year, if itā€™s unable to convert to a for-profit within two years.

Should OpenAI be blocked from becoming a for-profit?

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TOGETHER WITH INNOVATING WITH AI

Innovating with AI image

The AI consulting market is about to grow by a factor of 8X ā€“ from $6.9B to $54.7B in 2032.

But how does an AI enthusiast become an AI consultant?

How well you answer that question makes the difference between just ā€œhaving AI ideasā€ and being handsomely compensated for your contribution to an organizationā€™s AI transformation.

Thankfully, you donā€™t have to go it alone ā€“ our friends at Innovating with AI have welcomed 300 new students into The AI Consultancy Project, their new program that trains you to build a business as an AI consultant. 

Some of the highlights current students are excited about:

  • The tools and frameworks to find clients and deliver top-notch services 

  • A 6-month plan to build a 6-figure AI consulting business

  • Students getting their first AI client in as little as 3 days

And as a reader of AI Tool Report, you get early access to the next enrollment cycle.

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LEGAL

OpenAI exposes Muskā€™s secret demands

Our Report: Following on from the above, OpenAI has retaliated against Muskā€™s ongoing lawsuit against themā€”accusing them of abandoning its original non-profit mission to make AI available to all and blocking its transition into becoming a for-profit entityā€”calling Muskā€™s complaints ā€œbaselessā€ and nothing more than a case of ā€œsour grapes.ā€

šŸ”‘ Key Points:

  • OpenAI has published emails and texts from 2015ā€”when Musk (one of the original co-founders) was chair of the boardā€”showing that Musk was behind the idea of OpenAI becoming a for-profit company.

  • The exchanges reveal that Musk believed that a non-profit structure was the right decision early on, but ā€œmay not be the right one now,ā€ and was pushing for a merger with AI chip startup, Cerebras.

  • He also demanded 50-60% equity in the company, wanted to be CEO with ā€œunequivocal control of the company,ā€ and suggested that OpenAI join forces with his EV company Tesla, all of which were rejected by OpenAI.

šŸ¤” Why you should care: The published exchanges have exposed holes in Muskā€™s caseā€”by showing that he attempted to seize control of the company and turn it into a for-profit corporationā€”and OpenAI feels Musk should be ā€œcompeting in the marketplace rather than the courtroom.ā€

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TOGETHER WITH INCOGNI

Youā€™ve likely received a sketchy call, text, or email asking for $$$. It might've been easy to spot, but with deepfakes and AI, scams are getting trickier.

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PROMPT ENGINEERING

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Mondayā€™s Prompt: How to manage a product development team using ChatGPT

Type this prompt into ChatGPT:

ā

What are best practices for managing a cross-functional product development team?

Product Development

Results: After typing this prompt, you will receive a set of best practices for managing a cross-functional product development team.

P.S. Use the Prompt Engineer GPT by AI Tool report to 10x your prompts.

ACTIONABLE INSIGHTS

AI Report
  • Photography expertā€”Alan Rangerā€”faced an entrepreneurial dilemma: How to scale content, to meet demand, without sacrificing quality.

  • Alan discovered Writesonic's AI writing assistant which generated expert-level content while maintaining his authentic voice.

  • As a result, Alan created a Photography Academy with 60 comprehensive training modules, which led to a 500% increase in blog impressions.

  • His surge in visibility attracted 200+ academy students in just two months and sparked collaboration requests from major photography manufacturers.

BREAKING NEWS

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LAUNCHES

  • On the 7th day of OpenAIā€™s ā€˜12 Days of OpenAIā€™ campaign, it released a ChatGPT toolā€”called ā€˜Projectsā€™ā€”that categorizes and organizes ChatGPT chats, pulling them into specific project folders.

  • In the sidebar, within ChatGPT, users can create a new project, give it a name, color code it to make it easy to find, and add files, prompt instructions, and previous, related chats to help keep track of ongoing projects.

  • ā€˜Projectsā€™ is available for ChatGPT Plus, Pro, and Team usersā€”with Enterprise and Edu users getting access ā€œearly in the new yearā€ā€”and is designed to make ChatGPT more of an all-in-one, everyday app.

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LAUNCHES

  • Google has released its AI note-taking and research appā€”NotebookLMā€”to enterprise customers (calling it NotebookLM Plus), with added security and privacy features, like controls for access and data management.

  • NotebookLM Plus can create AI-generated podcast summaries (audio overviews) of data or files that an employee uploads, and can also participateā€”as a podcast hostā€”in 2-way conversations about the overviews.  

  • Google has warned that the 2-way conversational feature is still in an ā€œexperimentalā€ phase and that the ā€œhosts may pause awkwardly before responding or occasionally introduce inaccuracies.ā€

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