From Kids' Books to Billion-Dollar Losses: The Latest in AI and Tech News on OWITH.ai

OWITH.ai - Only What's Important to Hear around AI and Tech

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. Deena Shakir, a General Partner at Lux Capital, recently published a children's book titled "Leena Mo, CEO" that explains the concept of venture capital to kids. The book follows the story of Leena, a young entrepreneur who builds a robot named Helmy with the help of her neighbor Miss Irma, who invests in her startup. The book aims to simplify complex concepts for children and remove industry jargon, highlighting the importance of creativity and making a positive impact on the world. Despite facing numerous rejections and challenges during the writing process, the book was finally published and is now available in stores. Shakir's experience writing the book reflects her belief in backing creativity and making a difference, showcasing her passion for venture capital. The book serves as a reminder for both children and adults about the essence of their work and the importance of believing in their ideas.California Governor Gavin Newsom has vetoed a bill that aimed to hold developers of large-scale AI models accountable for harm to public safety. The debate over regulation vs. innovation continues, with Newsom feeling the bill could harm the public good more than help it. OpenAI is facing financial challenges, with reports of a $5 billion loss offsetting $3.7 billion in revenue and tensions within the company over its shift to a for-profit model. Apple is reconsidering its Hollywood ambitions after several movie flops, opting to release more films directly to streaming services. Meta has been fined $102 million in Europe for a privacy breach related to storing user passwords in plaintext. Amazon received good news as the UK's competition regulator decided not to investigate its $4 billion investment in an AI startup. Intel is close to securing $8.5 billion in funding from the US government to boost domestic chip manufacturing. Starlink, SpaceX's satellite internet service, is proving to be successful.The text discusses the concept of AI literacy and the challenges associated with defining and teaching it. The author argues that AI literacy is currently too vast and ambiguous, leading to confusion in educational circles. The text proposes breaking down AI literacy into three subdivisions: machine literacy, AI historical studies, and LLM (large language models) literacy. The focus should be on developing skills to engage with AI tools, especially large language models, in a thoughtful and reflective manner. It emphasizes leveraging skills of creative writing and journalistic thinking when engaging with LLMs to ensure safe and effective use. The author, Mike Kentz, advocates for redefining AI literacy through a practical lens grounded in the humanities. Kentz's unique approach to developing AI literacy is informed by his experience in teaching with AI in the classroom and has been presented at various education conferences. His work aims to pave new pathways for teachers and students navigating the evolving landscape of AI in education.

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