Latest news with #AI-dominated
New York Post
01-08-2025
- Business
- New York Post
Meta dishes out $250M to lure 24-year-old AI whiz kid: ‘We have reached the climax of ‘Revenge of the Nerds'
Mark Zuckerberg's Meta gave a 24-year-old artificial intelligence whiz a staggering $250 million compensation package, raising the bar in the recruiting wars for top talent — while also raising questions about economic inequality in an AI-dominated future. Matt Deitke, who recently dropped out of a computer science doctoral program at the University of Washington, initially turned down Zuckerberg's 'low-ball' offer of approximately $125 million over four years, according to the New York Times. But when the Facebook founder, a former whiz kid himself, met with Deitke and doubled the offer to roughly $250 million — with potentially $100 million paid in the first year alone — the young researcher accepted what may be one of the largest employment packages in corporate history, the Times reported. 4 Matt Deitke, the 24-year-old AI researcher who landed a $250 million deal with Meta, is at the center of Silicon Valley's escalating talent war. X / @mattdeitke 'When computer scientists are paid like professional athletes, we have reached the climax of the 'Revenge of the Nerds!'' Professor David Autor, an economist at MIT, told The Post on Friday. Deitke's journey illustrates how quickly fortunes can be made in AI's limited talent pool. After leaving his doctoral program, he worked at Seattle's Allen Institute for Artificial Intelligence, where he led the development of Molmo, an AI chatbot capable of processing images, sounds, and text — exactly the type of multimodal system Meta is pursuing. In November, Deitke co-founded Vercept, a startup focused on AI agents that can autonomously perform tasks using internet-based software. With approximately 10 employees, Vercept raised $16.5 million from investors including former Google CEO Eric Schmidt. His groundbreaking work on 3D datasets, embodied AI environments and multimodal models earned him widespread acclaim, including an Outstanding Paper Award at NeurIPS 2022. The award, one of the highest accolades in the AI research community, is handed out to around a dozen researchers out of more than 10,000 submissions. 4 Deitke initially turned down Meta's offer before CEO Mark Zuckerberg (pictured) doubled it to secure his move to the Superintelligence Lab. REUTERS The deal to lock up Deitke underscores Meta's aggressive push to compete in artificial intelligence. Meta has reportedly paid out more than $1 billion to build an all-star roster, including luring away Ruoming Pang, former head of Apple's AI models team, to join its Superintelligence Labs team with a compensation package reportedly worth more than $200 million. The company said capital expenditures will go up to $72 billion for 2025, an increase of approximately $30 billion year-over-year, in its earnings report Wednesday. While proponents argue that competition drives innovation, critics worry about the concentration of power among a few companies and individuals capable of shaping AI's development. Ramesh Srinivasan, a professor of Information Studies and Design/Media Arts at UCLA and founder of the university's Digital Cultures Lab, said the direction that companies like Meta are taking with artificial intelligence is 'foundational to why our economy is becoming more unequal by the day.' 'These firms are awarding hundreds of millions of dollars to a handful of elite researchers while simultaneously laying off thousands of workers—many of whom, like content moderators, are not even classified as full employees,' Srinivasan told the New York Post. 4 Meta recruited Deitke with one of the largest known compensation packages in tech history, reportedly after a direct outreach from Mark Zuckerberg. X / @Scobleizer 'These are the very jobs Meta and similar companies intend to replace with the AI systems they're aggressively developing.' Srinivasan, who advises US policymakers on technology policy and has written extensively on the societal impact of AI, said this model of development rewards those advancing large language models while 'displacing and disenfranchising the workers whose labor, ironically, generated the data powering those models in the first place.' 'This is cognitive task automation,' he said. 'It's HR, administrative work, paralegal work — even driving for Uber. If data can be collected on a job, it can be mimicked by a machine. All of those forms of income are on the chopping block.' 4 Ruoming Pang, former head of Apple's AI models team, was among the high-profile researchers reportedly poached by Meta. LinkedIn / Ruoming Pang Asked whether universal basic income might address mass displacement, Srinivasan, who hosts the Utopias podcast, called it 'highly insufficient.' 'Yes, UBI gives people money, but it doesn't address the fundamental issue: no one is being paid for the data that makes these AI systems possible,' he said. On Wednesday, Zuckerberg told investors on the company's earnings call: 'We're building an elite, talent-dense team. If you're going to be spending hundreds of billions of dollars on compute and building out multiple gigawatt of clusters, then it really does make sense to compete super hard and do whatever it takes to get that, you know, 50 or 70 or whatever it is, top researchers to build your team.' 'There's just an absolute premium for the best and most talented people.' A Meta spokesperson referred The Post to Zuckerberg's comments to investors.
Time Business News
26-07-2025
- Business
- Time Business News
Pulse of Strategy Published a Human Touch Playbook for AI Writers
As AI tools like ChatGPT become staples in content creation, brands and marketers face a common challenge: how to make that content sound less robotic and more relatable. Addressing this growing need, Pulse of Strategy has just published a comprehensive article titled '12 Techniques for Making AI-Generated Content Sound More Human-Like'—a must-read for anyone looking to elevate their AI writing game. This isn't just another how-to list. The article features contributions from 12 respected marketing professionals, each sharing proven tactics they've used to humanize AI-written content. From adding emotional tone to incorporating real-life storytelling, every tip is rooted in experience and tested strategies. Readers today crave authenticity. When AI-generated text lacks emotion or sounds generic, it fails to connect. Pulse of Strategy's latest piece outlines how brands can bridge this gap, ensuring their content resonates while still leveraging the speed and efficiency of AI tools like ChatGPT. How to inject tone and personality into AI-generated drafts Techniques for adding storytelling elements that engage readers Ways to refine AI prompts for better, more human-sounding results Tips for maintaining brand voice—even with automated content And much more from real practitioners in the field Whether you're a content strategist, marketer, founder, or freelance writer using tools like ChatGPT or Jasper, this guide on Pulse of Strategy offers clear, practical ways to make your content stand out in an AI-dominated landscape. Read the full article now: 12 Secrets for Making AI-Generated Content Sound More Human-Like AI tools like ChatGPT generate content based on patterns in data, which can lead to generic or repetitive phrasing lacking human tone, emotion, and context. Yes, with the right prompts, tone settings, and editing techniques, AI content can be made to sound natural, emotional, and engaging. Use storytelling, contractions, emotional cues, and real-life analogies. You can also fine-tune outputs by specifying tone and target audience in your prompt. Tools like Grammarly, Hemingway Editor, and prompt optimization platforms can refine tone, flow, and readability of AI-created content. Absolutely. Human editors bring context, nuance, and emotional resonance that AI often misses. Editing ensures accuracy, tone consistency, and authenticity. TIME BUSINESS NEWS
Tom's Guide
24-07-2025
- Business
- Tom's Guide
OpenAI CEO Sam Altman warns AI will wipe entire job categories off the map
Sam Altman, OpenAI's CEO, has been making waves recently after a big speech in Washington. While he first went to work warning about the rise of AI scams, his speech has covered a wide range of concerns. He warned of his vision of an AI-dominated future where entire categories of jobs would be taken over, presidents follow the suggestions of ChatGPT, and AI is used for war and injustice. It's a pretty bleak image, and possibly one of the darker warnings from inside the AI world. Recently, the likes of Anthropic's CEO, Dario Amodei, warned similarly of the risk of AI taking over jobs, but phrased it as a much smaller problem than Altman. 'Some areas, again, I think just like totally, totally gone,' Said Altman, speaking at the Capital Framework for Large Banks conference at the Federal Reserve Board of Governors. 'That's a category where I just say, you know what, when you call customer support, you're on target and AI, and that's fine,' he added, talking about customer support roles. 'Now you call one of these things and AI answers. It's like a super-smart, capable person. There's no phone tree, there's no transfers. It can do everything that any customer support agent at that company could do. It does not make mistakes. It's very quick. You call once, the thing just happens, it's done.' Altman went on to highlight the same issue in healthcare, suggesting AI's diagnostic capabilities were better than any human. He did share that he believed AI could never fully replace healthcare staff. Get instant access to breaking news, the hottest reviews, great deals and helpful tips. In his time in Washington, Altman also addressed concerns over the use of AI by hostile nations, and the use of AI by those who would use it for malicious circumstances. We previously covered that, in the same talks, Altman addressed his concerns for the rise in AI voice creators. As the technology improves, the technology could be used in scams or to get around voice–activated banking services. OpenAI is gearing up to be ahead of the AI movement in terms of policy. The company has confirmed that it will soon open its first Washington, DC office with a small workforce. This would be used to host policymakers and provide AI training to those making decisions on the technology. Follow Tom's Guide on Google News to get our up-to-date news, how-tos, and reviews in your feeds. Make sure to click the Follow button.
Time of India
23-07-2025
- Business
- Time of India
OpenAI CEO Sam Altman reveals which job roles will disappear soon — Is yours on the AI hit list?
OpenAI CEO Sam Altman painted a bold and an alarming vision of a future dominated by artificial intelligence, where some jobs disappear entirely, medical care is redefined, and AI becomes both a national asset and a potential weapon, as per a report. Sam Altman warns of AI-driven job loss During the Capital Framework for Large Banks conference at the Federal Reserve Board of Governors, Altman didn't hold back, as he shared his prediction that AI systems like ChatGPT will soon eliminate entire job categories, starting with customer service, as per The Guardian report. Explore courses from Top Institutes in Please select course: Select a Course Category Digital Marketing Finance MBA Artificial Intelligence Data Science Project Management Data Analytics Degree healthcare Data Science Technology Healthcare others CXO Management Leadership Others PGDM MCA Cybersecurity Design Thinking Operations Management Product Management Public Policy Skills you'll gain: Digital Marketing Strategy Search Engine Optimization (SEO) & Content Marketing Social Media Marketing & Advertising Data Analytics & Measurement Duration: 24 Weeks Indian School of Business Professional Certificate Programme in Digital Marketing Starts on Jun 26, 2024 Get Details Skills you'll gain: Digital Marketing Strategies Customer Journey Mapping Paid Advertising Campaign Management Emerging Technologies in Digital Marketing Duration: 12 Weeks Indian School of Business Digital Marketing and Analytics Starts on May 14, 2024 Get Details Is customer service already an AI-dominated field? The OpenAI founder told the crowd, pointing to customer support roles that, 'Some areas, again, I think just like totally, totally gone,' as quoted in the report. Altman said, 'That's a category where I just say, you know what, when you call customer support, you're on target and AI, and that's fine,' as quoted in The Guardian report. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dolly Parton, 79, Takes off Her Makeup and Leaves Us Without Words The Noodle Box Undo He even explained the transformation of customer service as already done as he told the Federal Reserve vice-chair for supervision, Michelle Bowman that, 'Now you call one of these things and AI answers. It's like a super-smart, capable person. There's no phone tree, there's no transfers. It can do everything that any customer support agent at that company could do. It does not make mistakes. It's very quick. You call once, the thing just happens, it's done,' as quoted in the report. ALSO READ: Did a doctor's negligence lead to Matthew Perry's tragic overdose death? Plea deal reveals shocking details Live Events Can AI and ChatGPT outperform doctors? Altman then highlighted about the involvement of AI in healthcare and even indicated that AI's diagnostic capabilities had surpassed human doctors, but wouldn't go so far as to accept the superior performer as the sole purveyor of healthcare, as reported by The Guardian. He pointed out that, 'ChatGPT today, by the way, most of the time, can give you better – it's like, a better diagnostician than most doctors in the world,' and then added that, 'Yet people still go to doctors, and I am not, like, maybe I'm a dinosaur here, but I really do not want to, like, entrust my medical fate to ChatGPT with no human doctor in the loop,' as quoted in the report. ALSO READ: The one time you should never eat, according to a leading cardiologist Will world leaders take advice from AI? According to The Guardian's report, AI will also dominate in functioning of governments across the world where presidents will follow ChatGPT's recommendations and hostile nations wield artificial intelligence as a weapon of mass destruction. Donald Trump's "AI action plan" Altman's remarks came as the US president Donald Trump's administration unveiled its new 'AI action plan,' aimed at reducing regulatory burdens and accelerating AI infrastructure, such as building more data centers, according to The Guardian report. It marks a shift in tone from the former US president Joe Biden's administration, where Altman and other tech leaders actively called for stronger government regulation, as per the report. Under Trump, the message has become one of urgency and international rivalry, particularly with China, according to the report. FAQs Is my customer service job at risk? According to Altman, yes. He says AI can already handle those roles better and faster than humans. Can ChatGPT really diagnose illness better than doctors? Altman claims it often can, but he still wants a human doctor involved in his own care.
Time of India
23-07-2025
- Business
- Time of India
'Reels Won't Build Your Future': Perplexity CEO's Straight-Talk Advice to the Scrolling Generation.
In an era where short-form content dominates attention spans and 'doom-scrolling' has become the default pastime, Aravind Srinivas , CEO and co-founder of Perplexity AI , is sounding the alarm. His recent statement aimed directly at young people glued to Instagram Reels and TikTok videos: "Stop watching reels. Go build your own future." It's not just a wake-up call; it's a challenge. Srinivas, who's at the helm of one of the most rapidly growing AI startups in the world, understands the power of technology more than most. But he's also acutely aware of its risks, particularly the way it hijacks attention and delays personal development. His advice comes not from a place of judgment, but from firsthand experience of what it takes to be world-class in a hypercompetitive, AI-dominated future. Explore courses from Top Institutes in Please select course: Select a Course Category Leadership Technology Design Thinking PGDM Digital Marketing others healthcare Data Science Management CXO Operations Management Artificial Intelligence Product Management MCA Healthcare Others Data Science Project Management MBA Data Analytics Finance Cybersecurity Public Policy Degree Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Distraction Is the Enemy of Innovation Srinivas points out a truth: passive consumption doesn't lead to progress. In his view, every hour spent mindlessly consuming 'junk food for the brain' is an hour not spent building skills, reading deeply, or working on high-leverage problems. For those looking to carve out meaningful careers, particularly in fields being transformed by AI and tech, he stresses the importance of curiosity, learning, and experimentation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Villas In Dubai | Search Ads Get Rates Undo 'You can't become exceptional by consuming mediocre content,' he said during a recent Q&A. Instead, he recommends using platforms like Perplexity itself, a knowledge engine designed to promote active inquiry and deep understanding, as a daily tool for learning and exploration. The Opportunity Cost of Reels The addictive nature of reels may seem harmless, but the long-term cost is steep. Srinivas argues that the biggest missed opportunity isn't just time, it's potential. While millions scroll, a small fraction are coding, writing, building, and experimenting. That's the delta that defines success in the coming decade. As AI levels the playing field, discipline and intellectual curiosity become the true differentiators. Live Events A Culture Shift Is Coming Srinivas's message aligns with a broader trend: a growing pushback against algorithmic addiction and digital overconsumption. Increasingly, voices from across tech, from venture capitalists to startup founders, are urging young people to reclaim their time, their minds, and their ambitions. Srinivas is part of that wave, but with a sharper edge and actionable urgency. The next generation has the most powerful tools in human history at its fingertips. The question, Srinivas implies, is whether they'll use them to consume or to create. The choice is binary, and the future belongs to the builders.
