AI Explotes Again!! and the future of work

Unveiling GPT-4 Turbo: A Giant Leap in Affordable AI Technology

Exciting Developments with GPT-4 Turbo

Thrilling news from the forefront of AI technology—OpenAI has launched GPT-4 Turbo, a revolutionary leap forward with a massive 128k context size, now more accessible than ever at just a third of the cost.

Only a few hours has passed since the OpenAI DevDay and the world has once again exploded with so much innovation. It hasn’t been a year (30 Nov 2022) since ChatGPT came out and the rate of improvement is dizzying.

🚀 What’s New?

  • Affordability Meets Capability: With GPT-4 Turbo, experience lightning-fast responses and the capacity to digest prompts as extensive as a novel—all while keeping your budget in check.
  • Revamped Assistants API: Developers, gear up! The new Code Interpreter and Retrieval tasks are set to streamline your projects.
  • Fresh Knowledge: The updated database now encapsulates information up to April 2023, ensuring your interactions are as current as possible.
  • Visual Ventures: Delve into the realm of sight with the innovative GPT-4 Turbo Vision API.
  • Creative Burst: Harness the power of the latest Dall-E 3 API to fuel your imagination.
  • Vocal Virtuosity: The new text-to-speech API comes with six distinct voices, each promising ultra-realistic sound.
  • Whisper Wonders: Anticipate the advancements with the upcoming Whisper V3 model.
  • Cost-Effective Creation: Enjoy more development, less expense, courtesy of significantly reduced rate limits.

The Dark Side of Progress

As we celebrate this pivotal week in technology—one that may well be etched in history for its impact—it’s crucial to shed light on the potential shadows cast by this advancement.

The AI Quandary

The unsettling reality: two-thirds of jobs are poised to be disrupted by AI’s emergence.

  • Workforce Woes: An estimated 25% of the workforce could be replaced by AI.
  • Geographic Disparity: The most affected will be nations with a high number of knowledge workers. Years of advocating for a shift from tourism to knowledge industries, and AI might just upend the playing field.
  • Productivity vs. Employment: Yes, knowledge-based industries might see a surge in productivity, but at what cost to employment? The crucial question remains: How will we distribute this newfound wealth? Will we abandon the workers rendered obsolete, or will we share the prosperity, leaving no one behind?

A New Paradigm

Flashback to a few years ago:

“Father, I want to be an artist.”

“No, my child. Pursue law, become a lawyer, secure a future.”

Fast forward, AI disrupts even the legal domain, where one lawyer might do the work of five. Perhaps it’s time to reconsider the arts.

It’s easy to be disheartened by such prospects, but I remain profoundly optimistic about AI’s impact. I believe in the resilience of production means, the adaptability of workers, and the ultimate net gain that will far outweigh the costs.

So, What’s Next?

  • Education and Adaptation: More training, understanding the incoming wave, and how to adapt are crucial for everyone, starting with our political leaders. They should be designing the social safety nets to cushion the fall and mitigate the impact on workers as they transition and retrain in this new paradigm.

In conclusion, we stand at the cusp of a new era, one brimming with potential yet fraught with challenges. It’s a time for excitement, for cautious optimism, and for proactive adaptation. Let’s not just witness the unfolding of the AI epoch—let’s shape it together.