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- 🤖 FinanceGPT and the future of search and rescue
🤖 FinanceGPT and the future of search and rescue
Neon Pulse Team
April 03, 2023
Good morning and welcome to today’s issue of neonpulse!
Here are the AI headlines making waves:
🌊 Bloomberg launches financial AI
🌊 The future of search and rescue
🌊 Midjourney bans deepfakes of China’s Xi
Let’s get into it!
BloombergGPT
Bloomberg has officially entered the AI arena with the launch of BloombergGPT, a finance-centric AI model designed to streamline investment decisions for finance professionals.
Built on OpenAI's ChatGPT-3 framework, the model has the ability to:
Quickly summarize financial reports
Generate trading strategies
Create pricing predictions
And offer insights on market trends
The heart of BloombergGPT is the giant dataset used to train the model, with Bloomberg engineers taking advantage of the data the company has acquired during it’s 40+ years in existence.
"The quality of machine learning and NLP models comes down to the data you put into them,” explained Gideon Mann, Head of Bloomberg’s ML Product and Research team.
And while many have lost faith in the financial advisor profession…
Which may be due to the fact that a group of monkeys are able to consistently outperform them by throwing darts at a board…
This may be the technology that finally turns the tides back in favor of the financial advisors.
Robots to the rescue
Deep Robotics X20
Getting lost in the woods may become a thing of the past thanks to the release of the Deep Robotics X20, a new autonomous search and rescue robot.
Powered by the company’s “advanced AI for autonomous coordinated multi-robot exploration,” the X20 robots are designed to conduct coordinated search missions in order to locate missing people while providing real-time data to rescue teams.
"Teams working on emergency searches commonly face challenges including risks to their personal safety, which is where these robots can provide valuable assistance," said Wei Tang, Head of Algorithm Engineering at DEEP Robotics.
In addition to search and rescue robots, the company makes a number of different robots for industrial applications, which you can check out here.
Now we can at least take comfort in knowing what will be hunting us down when AI goes rogue.
Midjourney Bows to Xi
Midjourney is the latest to join the growing list of companies bowing to pressure from the Chinese government, banning the creation of deepfakes of President Xi in order to maintain access to the massive Chinese market.
"Political satire in China is pretty not-okay,” which, believe it or not, is an actual quote from Midjourney CEO David Holz, “and at some point this would endanger people in China from using the service."
AKA feel free to make as many deepfakes of other world leaders as you would like, but we simply can’t allow our users to put our Chinese profits at risk.
Ironic given China’s explicit plans to use deepfakes to manipulate public opinion and wage psychological warfare in order to erode Taiwan’s “will to resist” the country’s takeover.
Cool AI Tools
Create entire courses in seconds with CourseAI
Get answers to questions about companies, markets, and business strategies - Vizologi
Build AI tools and apps in minutes - Hubble
AI Resources
7 digital products you can make using AI - YouTube
How AI will ‘free humanity from the need to work’ - Interview with Vinod Khosla
And now your moment of zen
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