AI Demos: Gatekeep, Deepgram, Claude 3 Haiku and more! | E1920
27 Mar 2024 (6 months ago)
- Sunny joins Jason to discuss AI demos and news.
- Deepgram releases a new tool for analyzing audio files and extracting key information.
- LinkedIn Ads, Coda, and Wistia are the sponsors for this episode.
- Grock, formerly known as Definitive Intelligence, was acquired by Elon Musk's company.
- Grock's platform has seen rapid growth with over 60,000 developers and 15,000 apps.
- Jason and Sunny discuss the availability of office space during economic cycles and the potential for startups to take advantage of lower costs.
- Sunny and Jason introduce the segment on AI demos and news.
- Deepgram's audio analysis tool is highlighted as an interesting development in the AI field.
- Stability Diffusion's CEO and founder, Emad Mostaque, resigned due to the challenges of competing with larger, centralized AI companies.
- The AI market is evolving, with investors questioning the need for multiple image generators, leading to potential consolidation.
- Established players like OpenAI, Microsoft, Google, and Apple dominate the AI market, making it difficult for new entrants to compete.
- The CEO's departure may be attributed to various factors, including burnout, personal issues, internal conflicts, or the competitive AI landscape.
- The speaker reflects on their entrepreneurial journey and the challenges of adapting to changing market demands, emphasizing the importance of self-forgiveness for entrepreneurs facing such challenges.
- Vertical AI services are believed to ultimately succeed, with a few foundational models dominating the market.
- LinkedIn Ads is a powerful tool for B2B marketing.
- LinkedIn has over a billion users, with 180 million of those being senior executives.
- LinkedIn's ad platform delivers 2-5 times greater return on investment compared to other social media platforms.
- Claim a $100 credit on your next LinkedIn ad campaign by visiting linkedin.com/thisweekinstartups.
- Enterprises significantly increased their spending on generative AI, from $7 million in 2022 to an estimated $18 million in 2023.
- Generative AI is moving beyond experimental stages, with 75% of the budget coming from non-innovation teams.
- Enterprises are reallocating budgets from various departments, including customer support, IT, and R&D, to invest in generative AI.
- OpenAI's GPT-3 is the most widely used generative AI model among enterprises, followed by Google's PaLM 2 and Cohere's PaLM 2.
- Despite concerns about limitations and risks, enterprises are actively deploying generative AI in production and expanding its use cases.
- OpenAI leads in AI adoption among enterprises, with 100% of surveyed leaders trying out their technology, followed by Microsoft (63%), Google (50%), and Anthropic (34%).
- Open-source AI models are gaining popularity, with 82% of enterprises preferring them over closed models due to concerns about dependency and potential risks.
- OpenAI's decision to adopt a closed model approach goes against the current trend of preference for open-source AI models.
- Koda is an all-in-one platform that combines documents, spreadsheets, and apps.
- Founders University uses Koda to manage weekly progress updates, track trends, and send automated reminders.
- Koda allows users to generate charts to track week-over-week growth and identify strong growth for potential investment.
- Koda offers a $1,000 credit to startups to support their planning and goal tracking.
- The platform is free to get started and easy to use.
- The discussion highlights the differing perspectives on moats in Enterprise and consumer markets.
- In Silicon Valley, there's a tendency to associate moats with proprietary or closed solutions.
- However, in Enterprise, performance and price are often more important factors than proprietary solutions.
- The lock-in approach prevalent in Silicon Valley and SAS is being re-evaluated.
- Stable diffusion is an open-source project with a hosting project.
- The open-source nature of Stable Diffusion makes it more valuable to Enterprises.
- The discussion mentions a founder who allegedly mistreated their co-founder and bought back their shares.
- Gatekeep AI generates short explainer videos with graphics and voiceover based on user-provided concepts, making complex topics easier to understand.
- The widespread use of AI-generated content poses concerns about the spread of incorrect information and the potential flooding of YouTube with low-quality AI-generated videos, which could harm the platform's credibility.
- Google is now competing with websites it used to link to by providing information directly in search results, such as stock quotes, sports scores, and recipes.
- The accuracy of AI-generated information is dependent on the quality of the data it is trained on, as demonstrated in a real-time test where the concept was correct but the drawing was incorrect.
- Wistia is a web-based video creation tool that allows users to create professional-quality videos without the need for video producers or editors.
- Wistia's AI script generator, built-in recorder, and text-based editor make video creation and editing easy.
- The Smart Tracks feature provides royalty-free music that automatically adjusts to the video's length.
- The speaker expresses concern about the accuracy and reliability of current AI language models like ChatGPT and others, emphasizing the need for accuracy over speed and novelty in their development.
- They will judge future AI demos primarily based on accuracy and encourage others to do the same.
- Deepgram's new tool can perform intelligence analysis on audio files, including summarizing, topic detection, intent detection, and sentiment analysis.
- Custom intents can be defined to detect specific types of questions, topics, or sentiments.
- The tool can be used to analyze conversations to understand how people are being perceived, identify key points, and detect sentiment changes.
- Founders value being understood and heard by investors, and devices like repeating back the founder's vision can help build trust and rapport during introductory calls.
- Reflection is important in AI, as it allows models to correct incorrect predictions and improve accuracy.
- The speaker is impressed with the tools that help understand humans more and gives both AI demos an "A" for accuracy.
- Anthropic's Claude 3 Haiku model is smaller, faster, and multimodal, providing accurate and useful image descriptions.
- Increasing the temperature in AI models increases the variance in responses, making them less predictable.
- Claude 3 Haiku can generate detailed descriptions of images, including food type, size, and calorie count, in JSON format, simplifying image analysis and data extraction.
- Generative AI models are becoming faster, cheaper, and more accurate, making it easier for developers to build new applications.
- The decreasing cost of accessing and running language models could lead to a more stabilized market for AI services.
- The increasing accessibility of AI tools has the potential to significantly increase the number of people who can develop and oversee code production.
- The combination of decreasing costs and increasing accuracy is expected to solve the accuracy issues associated with AI models.
- The video showcases AI demos, including Gatekeep, Deepgram, and Claude 3 Haiku.
- This is the 1920th episode of the series hosted by Sunny.