Is OpenAI’s New “o1” Model The Big Step Forward We’ve Been Waiting For?
Channel: Alex Kantrowitz
Published at: 2024-09-13
YouTube video id: l-L3t5CmEYo
Source: https://www.youtube.com/watch?v=l-L3t5CmEYo
open aai has just released its reasoning model it was called strawberry uh as a code name but now it's being called 01 as as its public release uh and we're going to talk all about what it is what it means and where open Ai and the AI race goes from here we have the perfect guest host for us to do it Pary olon is here she's a technology columnist with Bloomberg and she's also the author of a new book out this week it's called Supremacy AI chat chpt and the race that will change the world uh and what a week to release a book because we're just like here flooded with AI news py great to see you welcome to the show thank you it's wonderful to be here I'm a big fan of the show so just so pleased to be able to talk to you awesome well thank you and uh thanks for coming on you know I was like thinking okay Apple's going to be the big news of the week so let's get it out Wednesday and I think at this point it's amazing Apple intelligence and the iPhone 16 are kind of like a distant memory at this point because of what we've seen over the past couple of days exactly so let's get to the big news which is that we've been hearing rumors that openai was going to release this strawberry model which are it was initially called qar and there were worries about it uh around the Sam Alman ouster and and it's here and basically the big thing about this model is that it does reasoning and so you can ask it a question and you can actually kind of see the way that it thinks through the problem it goes through a bunch of different steps and that's enabled it to be much much better more accurate more competent smarter than any previous model so I'm like looking at uh some of the charts that open AI put out with the release uh I'm looking at accuracy so if you think about uh competition math uh GPT 40 was getting a 13.4 accuracy score on competition math but this thing in the way that it can think through the the different problems is getting 83.3 uh score on accuracy uh with competition math so it jumped from 13.4 to8 83.3 on compet on competition code it goes from an 11 to an 89 and PhD level uh Science question actually G GPT 40 wasn't bad at a 56 but 01 preview or o sorry 01 gets a 78 and 01 preview which is the model that's out now gets a 78.3 where an expert hum get human gets uh 69.7 accuracy score I think that's just the percent of questions they get accurate that's the accuracy score Pary what do you think about the release of these models do they live up to the hype I mean we basically saw a moment where you know was Sam Alman pushed out of open AI because they thought he wasn't being careful about this type of model like that was one of the assumptions are are these a big step forward what do you think about the release of these models well first of all I think I would put this into context of the huge amount of pressure that open AI has been under for the last year to get out something that's going to cause as much awe as chat GPT did in November 2022 and Dolly before that um and I I thought it was really interesting that in the last few months we've been getting this sense that hey open AI has been announcing a lot of things but it hasn't actually been launching the things that it's been announcing so for example you know there was the whole um Sora video thing yeah where is that yeah where where is where did that where was that even actually even gp40 the the the voice activated the sort of voice um conversational um interface I there were I I just met people in San Francisco last week who were like yeah I I still haven't been able to try that yet it hasn't really fully rolled out um yeah can I tell you something about that so first of all like no please I've been uh wondering where it is cuz I've been signed up to chat GPT premium for a while and hoped that I would get that new voice interface and I haven't gotten it yet and I over the past so I'll just say this over the past uh 24 hours I've been monitoring the uh the chatter around the strawberry and 01 release and my favorite exchange is Sam Altman announcing I don't know if you've seen this he says roll out complete it's live up of uh to 100% of chat GPT plus and team users now this is of the new reasoning model one of the first replies is from this guy Matt Paul who goes when are we getting the new voice features oh yeah do the thing you said you were going to do first yeah and Sam responds hey how about a couple weeks of gratitude for magic intelligence in the sky and then you can have more toys soon I mean oh my goodness it was interesting but also just like so revealing of the frustration I think that you're noting of the fact that like we haven't seen Sora release broadly we haven't seen the voice features release broadly and I think that's kind of the Trap that Sam and his company has kind of put themselves in by just releasing a lot of demo Weare which is very exciting and but if you start getting people too excited for too long a time and then you don't give them anything um then they start to get a little bit frustrated and a little bit cynical of what's actually going on behind the curtain and you know what it's funny what you just said that you've been signed up to premium I have done exactly the same thing because I signed up to Claude and I'm paying for two subscriptions to these things but I'm keeping I I kept chat gbt plus because I wanted to try out the voice interface and it still hasn't shown up on my phone either so here we go um so I me it's it's funny because I also had I was waiting for voice forever and it didn't come so I unsubscribed for from plus and my subscription ends today this was not planned so I've been able to actually try out uh GPT uh1 uh and it's been pretty interesting uh but still no voice but I guess 12 hours left before yeah exactly I've been just you know there's like a monthly cap there's a very small monthly cap or something a weekly cap and I have like not cared about rate limits I've been like testing uh the crap out of this thing because I'm like all right uh you might as well yeah and can I I'll just share like my initial reaction to it and I'm curious what you think about it it it feels like this thing is extremely math and code based like that's where the actual breakthroughs are going to be uh like I said when I was reading these benchmarks it's competition math competition code PhD level science questions that it pauses and by the way when you're doing the queries you can actually see it pause and think think through each step use the word think I do I do and you can you can correct me on it but um you can see it like go and and Tackle now I now I'm getting nervous about thing but you can see a tackle uh each different step and there was actually like if you look at the consumer preferences like the or the human preferences like where they'd want to use these new 01 preview models versus gp40 they actually pre prefer GPT 40 uh for personal writing it's about even on editing text but where GPT uh this this 01 model really really thrives is it's way it's much more preferred for computer programming data analysis and mathematical calculation and that's why I think that when you when you get into this like people start to judge is this a step forward the people who are using it for more technical activities are really going to see a jump and the people who are using it for more stuff like I would like writing or editing text aren't going to see it so there might be a bias among journalists to pan this thing whereas like people in the technical fields are going to be seeing that there's there's real advances so so I'm curious to get yeah I'm curious to get your take on like uh on on this what do you think about this like again going back to that question yes we know open AI is feeling the pressure but like is how should we view this is this the promised step forward well I think it's a good strategy what you just described that if this is a model that is perhaps more useful for people who um are doing data analysis they're scientists their coders um then they've got a specific models which just has a little bit more of a clear utility for them whereas if you're in marketing or you're in customer service then you're more likely to use the previous model something like gbt 40 which is a lot more sort of language oriented as opposed to reasoning oriented I think that's no bad thing in terms of business use case because I think till now there's been this kind of um this effort to try and create create this well we started off with this ambition to create artificial general intelligence right that was the founding of open AI we want to create um AI that has the same broad cognitive capabilities is the human mind um and I think that actually has a big downside when you're actually trying to sell something packaged like that to businesses which is that you're giving them this Swiss army knife of a tool that has all these General capabilities and the risk is that your end customer can end up just becoming paralyzed with indecision on what to do like if you talk to some businesses who are trying to figure out how to use generative AI models I heard from One bank for instance they asked they put out a survey to their employees just saying how should we use generative Ai and they got more than a thousand responses back from their employees which is great in one way but in another way it actually just makes everything take a bit longer and in terms of figuring out a strategy on how best to use it so I actually think from what you're describing if the models are starting to kind of fracture a little bit and there's going to be a sense going forward that you can use this type of model for mathematical PA based processes and data analysis and then you can use this kind for language processing maybe that kind of runs counter to the original ideology of let's build a broad Godlike General level intelligent AI maybe it maybe it's moving away from that but I think like practically speaking that kind of makes a bit more sense right so do you think that Elia was let's say Elia was spooked by these type of capabilities I'm sensing the way that you're talking about it that maybe that was a little premature oh yeah I think there's so much that comes out of open AI that is just completely blown out of proportion and wrong like for example when Sam mman was fired there were a lot of rumors going around that the board members who fired him did so because they were big time effective altruists and they were just driven by this kind of almost religious fundamentalist fervor over this idea of being of sort of being worried about the safety of humanity under Ai and under under Sam and and I've heard from people who really know like who should know that that is not the case at all um and yet those rumor well the the the real reason was that the board was concerned that Sam was not telling the truth he was uh he just was not a a reliable source of information and there wasn't just the board members who felt that there were top Executives who felt that as well right um so that's such an odd anyway we don't have to rehash the whole firing again but it's such an odd reason to I mean yes I guess you you don't want your chief executive lying but like there wasn't like any demonstrable like bad public bad behavior and the company was crushing it so I don't know am I giving him too too easy of a pass maybe a little bit maybe a little bit because there because the concern was as I say it wasn't just from the board members it was top Executives too and there from people I spoke to but IIA who led this kind of went back on it and apologized so was not really such a strongly held belief or maybe it was what's your what's your take on it I mean we don't know why people say what they say publicly versus what they actually think and what they actually say behind closed doors is look at what's at stake billions of dollars incredible levels of prestige possible Nobel prizes you know like yeah that doesn't that doesn't breed a environment for honesty yep so let's get back get back to this um use cases of this stuff I mean if so so one of the things I've been thinking about as as 01 has released or strawberry has released has been okay so the models are smarter where's the application I think you sort of brought that up um yeah it's it's like are we going to this is one of the things that has been sort of plaguing the AI industry even though it's doing well obviously but it's been like okay the models are getting smarter and they do magical things but we still don't really know how to use them in practice right this is actually something that I highlighted there was a grock engineer who said who said um 01 seems powerful uh so far but everyone is kind of unsure what to do with it kind of humorous place to be after all the speculation so what do you think happens as these models get smarter in fields like science and coding and math it's I think it's really interesting because there's this race in Silicon Valley to make everything more and more capable which is disconnected I think a little bit from the sentiment among their Enterprise like businesses in the rest of the world who are just like we don't necessarily need AI That's more capable we just like we're quite happy with what you've already put out there like that is already in pretty impressive and as a step change up from what was even available two years ago um so my sense over the last year has been one thing that's been lacking from the AI model vendors like open AI like anthropic like Google um Microsoft with Azure has been just to do a little bit more handholding with their business customers on how to actually implement the current models that are available but I think there's just this kind of um you know rabid enthusiasm to try and make these models smarter and smarter we you've talked on your show before about the arms race um it's kind of had this it's it's got this kind of self-perpetuating cycle that the um you know even like Salesforce last night just their their announcement got completely overshadowed by open AI but they announced agent force which is basically what they say is the very first AI platform for businesses that has autonomous agents there are startups that have been talking about doing this but haven't released this and I haven't seen anything similar I don't know if you have but from from Google or open AI or even anthropic people are talking about it and it looks like Salesforce is the first to do it so there's this real um and they're very proud of that um and so there's I'm just going to call on that I don't think Salesforce is going to be the leader in AI agents or they even the Pioneer I've heard people talk about things as AI agents then you take a look at what it is and it's like there's no agent to it well and what does an agent even mean right I mean when I was I was talking to them about it and they were saying I was saying well are you using the word bot and agent interchangeably and they said oh no no no Bots those are old that's not agents are new that's that's the new thing so a bot would be if you're talking to a customer service chat bot and it just kind of is based on a large language model and uses uh predictive technology to to say something that sounds about right whereas an agent can actually resolve your issue by retrieving data about you the customer from the Salesforce CRM and the data Cloud which is one of their big services that came out two years ago um and so it means these things can actually take action but I I'm I'm with you on that Alex like I don't you know we've seen so much of this in AI just a lot of a lot of big announcements a lot of excitement but then you see businesses actually just struggling a little bit to to make these things work for them and work well yeah and so so I'm just going to read a couple examples of folks who've been trying out 01 and why this might be different and and I think it's your right to point out the difference between like chat and Bots um or Bots and agents because this is like from somebody who works at this company called Spellbook legal his name is Scott Stephenson it's very interesting that he says he says oan is extremely good at long document manipulation Docker vision is one of the hardest problems we've dealt with dealt with uh like for example taking a long set of instructions and modifying a legal document and 01 is really good at this when people are overwhelmed by 01 I think it's because they're thinking of it as chat still and it's ability to do work is going to be really good uh once function calling is fully supported so you know I think that like with these Bots it is definitely like you know we talked about handholding and you know maybe these companies need to do a little bit more handholding but I think often in technology what happens is they put the capabilities out there and then people like Scott Stevenson right figure out um the way to do it because they're just using it more often and that's why they're putting this out in preview and that's the the sort of use cases that get spread by word of mouth or productized uh and maybe that's what happens and I would say that would be the argument to keep just building these these oh yeah uh models uh make these making these models smarter and and maybe the thing is that they've gotten so fast so smart so fast that they've sort of outpaced the utility because we haven't had enough time or the industry hasn't had enough time to put their hands on and try things like this what do you think and actually digest it yeah no I think that's that's a very very valid point um and I think you know coming for so I'm based in London and I hear a lot more I'm not not being based in San Francisco I'm not in the Silicon Valley bubble so being in London I hear a lot more of kind of the rhetoric from people on the east coast of the US from Wall Street from investors from hedge funds from healthc care companies um legal firms and there there's there's a real sense of skepticism over the last few months um which I know you you've you've talked about and but I think it's not entirely warranted like I think like this Market correction that's happened in the last few months was healthy like it was it was crazy that Nidia became worth $3 trillion at one point in market capitalization um and I think that when people talk about hype I think so much of the hype is about timelines there's a sense that um businesses and investors kind of got this impression that AI was going to start bringing a return on investment for companies sooner rather than later like I was talking to one CEO of an AI vendor a few months ago and I was saying so how are you going to measure how how are we going to measure success for generative AI in terms of return on investment for businesses and you know what he said he said in the next two or three quarters you're just going to see more Fortune 500 companies um report an increase in ebit dah numbers like they're just going to have higher profits I I just think that's ludicrous like really like in the next two quarters more businesses are just going to make more money because of AI and that's how it's GNA take time it's gonna take way more time than that um that's been the case with every major Tech Revolution whether it was search or um desktop or mobile um you we all know about the Gartner hype cycle and um these things just take time to implement so yes if if the AI vendors in Silicon Valley is racing ahead on capabilities then sure maybe the businesses just need to catch up and so with reasoning uh reasoning a lot of people have talked about how it lays the groundwork for these agents because again like seeing it it's pretty amazing watching using these models and then watching it go through the multi-step process um and the idea is like all right if you're going to have an agent that's going to go and take action for you on your behalf it's going to need to be able to like process step by step in order to do that and this is the way that open AI is describing it so this is from their head of research Bob MCU in in uh in um The Verge we have been spending many months working on reasoning because we think this is actually the critical breakthrough fundamentally this is a new mod mod ality for models in order to be able to solve the really hard problems that it takes in order to progress toward humanlike levels of intelligence so I'm curious like do you do you think this is the step a step toward uh agents and why why is reasoning this sort of as he describes it the fundamental Or the critical breakthrough well I thought I think that what you were just you earlier you described the tweet from someone and what they were describing in terms of when they played around with um gbt this new right having to do the work yes it made it sound like there was some gray area here where it had almost agentic properties um why is reasoning important well I think this just gives it more broad broader capability and I think it's really interesting that um open aai hasn't actually used the word agent once in its announcement and it doesn't sound like any of its scientists have talked about that either um I know Bloomberg have this like you didn't Bloomberg publish the um open AI like uh imagining its future and it has like five levels and level one is chatbots level two is reasoning level three is Agents level four is the AI innovates and then level five is the AI does work at the level of an organization so the the suggestion would be that we're at level two and that agent level is what's next yeah yeah um and Al I thought it was really interesting in in open AI um see I think right now it's just a matter of it's like you said they they put the technology out there and they don't really know necessarily how it's going to be used it's sort of the experimentation is done by everyone else out in in the world in among businesses and organizations they did give some suggestions in their blog post so they said um I'm just reading from one section which I thought was the most interesting was that 01 can be used by Healthcare researchers to annotate cell sequencing data by phys is to generate complicated mathematical formulas needed for Quantum Optics I'm going to stop there those are really really specific things technical very specific and then they end it with this bit then they say and by developers in all fields to build and execute multi-step workflows that's like anything basically so they go from they basically that guy who told you that the um you're going to see this in IA in the next few cours maybe they're right I don't know think he was right no probably not but I can see why he thinks that right because yeah again this is going to come to like the very like um uh labor intensive very value high value tasks in our economy that's what it's going to do yeah so but don't you but don't you think also like already there's been a lot of concern among businesses about hallucinations right from these models now when you give them the capability of taking action so again sorry to go back to the Salesforce but it's just because I have a concrete example they gave me let which which was this agent agent in their um in the customer service chatbot um which could retrieve data and basically resolve a ticket in the same way that a customer service representative would do um that's putting even more faith in these models like it's one thing to make a mistake about information but to actually screw up the process of you know a uh resolving someone's complaint or getting some information for them um that's a bit more high stakes so I'm I to be honest I have no idea how this will play out um and I think businesses are going to be very cautious just because there has been so much concern about hallucinations till now right yeah and open a even in its blog post says that it does not solve this does not solve hallucinations and then you can um you can did they say that in the latest did interesting you could also go to um some of the critics they've they're having a field day with this here's Eric sorry Ed zitron uh we have our big stupid magic trick folks sty strawberry it's open ai's new model it will take uh 10 to 20 seconds to give slightly better answers and it's buggy open AI is getting desperate and this is a real deal Pale Horse yeah I think that's a little bit over the top what do you think it has to be I mean it's that's said that's that's thing but I spoke to someone last night who had tried it as well I haven't had a chance to try it myself um and they said they didn't and this was someone who tries these models a lot um and they said they they couldn't really see a big upgrade or a major step change um or even a particularly big difference between what CLA anthropics Claude can do um but again I I I really need to try this out myself and and I think it's quite hard to kind of put a judgment they literally announced it last night um so we're we can all test it we can all play around with it but I think it will really will really get a sense of how useful this is when when people start using it for work yes okay so um let's end this one just with a unfair question buying or selling the hype on on strawberry or 01 I'll go first I'm buying it I'm buying it I think it's going to be more difficult for the quote unquote word Cells versus the shape rotators right the people who deal in text versus the people who deal in numbers but I think this was sort of a necessary step and you see The Benchmark improvements here and it's not going to look immediately just like this you know the way that um some of the other let let's say code uh completion you initially was like okay so it can complete some code and now it's starting to really look like it can code things up on its own I think that this is going to be something that folks in the technical fields are going to use um and and it will actually be a significant step up okay how about you buying or selling I would say sell only because I haven't tried it yet and also because I want to be a bit contrarian um to you because you said buy so um no I mean it's that's a hard one to answer I guess I'll just say sell for now um because this thing about the benchmarks I I personally don't fully understand the benchmarks and what they're weighted against and what they're sourced against and you know is are these completely standardized across the industry um those are really impressive impressive numbers but what do they actually mean and again I I think it's very hard to really judge this until you try it right and I'll just give one more piece of evidence uh on my side I know this is unfair but um I I just saw a thread with a stream of folks who've like tested uh 01 on their personal benchmarks like a lot of people have their like own personal tests M uh to of AI and it's it's just like person after person talking about how much better it is uh than really their previous tests okay okay but the the other thing here is is really like maybe yeah I don't know like this is preview of course and yeah that's right you you you mentioned it and and you're totally right that we've seen Sora uh uh which has been a lot of hype and not released yet and we've seen the voice uh GPT 40 voice application and the the status of that is is still you know up in the air and you know should we uh give open AI a couple weeks of gratitude for the magic intelligence in the sky and have our more of our toys soon I don't think so I'll just have have in in spite of everything I've said there is an argument that actually maybe behind the scenes Sam mman and open AI have just realized like they need to focus on one thing that really matters and if I was going to look at those three things like the voice interface Sora and reasoning capabilities hands down the bigger deal is reasoning capabilities so maybe what's happening behind the scenes is they've just put a pause on these two other things which aren't that important and the reason I say that is because last week I talked to some people in the valley and a couple of times it came up that there are the there's growing content about Sam maltman's General lack of focus and people are saying he's disorganized and they're trying too many things and I spoke to one VC who even said that he was going to meet Sam mman that weekend and I said if you could give him one piece of advice what would you tell him and he said I would tell him that he needs to look at everything he's doing and he needs to pick two things and just stick with those two things and he said even if one of those things is this big chip infrastructure project that he's that's fine do that but then just do one other thing and nothing else because there I think there is a concern that open AI has just got too many pans on the fire and um so so yeah so I would say yeah I wouldn't discount strawberry and sl01 just in case actually maybe what's going on here is that they've realized they need to just focus on the higher Stakes uh bet that counts for more yeah Pary you're convincing me here because uh there there have been sort of Rumblings and rumors going around that open AI is lost it and too many people left look El is gone he just raised a billion and John Schulman's gone and and he's at anthropic now and you know the the rest of the leadership team has thinned out and there's been staff Exodus and open AI ruined itself and I think we can say definitively well maybe not defin but we can say with good confidence now that the the company is still pushing the envelope and I was just on H the chatbot um uh chatbot Arena where they battle different chatbots against each other and you vote which gives the best output and GPT 40 is still the winner there so oh really more so than Claud uh oh yeah it's it's definitely above it's actually Gemini is second and this is where people vote on what's best so now human manipulation could be responsible for some of it but I do think that the of open AI has been uh prematurely reported that being said there's a lot of competition you know we can we can agree on that but they're not dead yet yeah yeah and they also want some more money so it brings us to our next story this is actually coming from your outlet uh Bloomberg has a report out that open AI fundraising is going to put the valuation of the company at 150 billion and a couple weeks ago we just did a show talking about how it was going to be 100 billion and that's crazy uh but uh they are according to Bloomberg in talks to raise 6.5 billion from investors and another five billion from debt uh in debt from Banks so they're going to basically bring in 11 billion uh dollars and it's the round like we talked about in this on the show in the past uh Thrive Capital Microsoft Nvidia and apple of are all talking about getting involved so let me ask you this you you obviously just wrote the book about these companies um what's the deal with taking all this money and getting this massive valuation and still being a nonprofit how's that even possible but they're not a nonprofit right they're capped profit and one of the reports that came out a few weeks ago there was a report saying that there's some interest among um the management of open AI to restructure the company in such a way that it could become even more investor friendly so go even further in the direction of being a for profit organization um as so the only way that it's really a nonprofit is that it's it has this nonprofit board which has a significant amount of power that is very unusual for a company for example it had the power to fire the CEO or did it it didn't really right because he came back in the end yeah um so I mean that's just what I kind of tried to make the point I wanted to say in my book was that I was just so fascinated when chat gbt came out that two people Sam Alman and Demis hbis had become like these Rivals to create artificial general intelligence and they both started out with really humanitarian goals like really altruistic goals like curing cancer solving climate change Sam mman wanted to you know improve the wealth of people um across the PO across the population um but it was just so hard to keep those goals in check when money became such a focal point because building AI was so expensive and um and they just ended up getting sucked into the gravitational pull of big tech companies I mean that's just there's no two ways about it h but what I really wanted to highlight was that both of them knew from the start that they needed to protect this this technology and how it was used and that it wasn't misused so they tried to that's why s that's why Sam tried to start open AI as a nonprofit and that's why Demis tried to break away from Google and also become something like a nonprofit he spent years trying to do that and spent a lot of money and time trying to do that and if they both failed to create these structures of responsible governance like if I'd had that's really what my book is about is govern governance I would never use that title because no one would buy the book but that's just gave away the game here so but yeah that's basically what this is about these companies are now you know they the tech is now controlled by a handful of very large big Tech organiz uh companies um in a regulatory vacuum there's no proper oversight and there were you know people tried to put that in place we as a society have not figured out how to balance Innovation with um with proper oversight so what do you think all this money is going to go toward then I mean are they going to even be able to justify that valuation they're losing money a lot of money now I mean what's the business case for investing in them well I mean they get a revenue share with Microsoft right from um through Azure so if Azure does really well then micros then sorry then open aai can do quite well they've got the subscription business which is actually pretty steady they've got something like 200 million active users chat gbt so you know I mean it's it's not a bad business long you could say longterm that can grow to something quite impressive but these things take time right I mean with Amazon it took many years for it to become a profitable business and maybe people are looking at open AI in the same way the problem is that as you well know uh building and improving Foundation models is incredibly expensive and it's not just the compute right it's the salaries like these senior AI scientists and Engineers how much are theying well okay so I spoke to someone about this who uh from an organization that was trying to hire um you that that just was asking questions about salaries and so one kind of mid-tier AI startup was asked so how much would you pay for like a senior AI kind of executive and they said it's basically around um over the course of four years $6 million um I've heard elsewhere you know two to three million doar a year uh salary options over time yeah yeah and so one way they're trying to make the money back is potentially raising the subscription fees for these Bots I mean they they don't make any money on the Bots right now um but one report that came out of I think the information this week is that um let's see it says in internal discussions at open aai subscription prices ranging up to $2,000 per month were on the table uh so basically the thought is maybe that these new reasoning models again the ones that were released this week preview and mini so there's like an actual model that open AI has that you know I think will eventually make its way into the product and if the models do live up to this sort of um improve benchmarks and become super valuable for some cases maybe they can charge much more is that one way that they end up justifying the valuation maybe but I can't see it being that high pry High totally can totally see big numbers being tossed around though and I'll give you why the reason why I think that is I think it was last year I was talking to somebody who was from an an AI company that worked very closely with open Ai and they they talked to people at open AI all the time and they were like oh yeah so Sam Sam and open AI they're doing another funding round and he wants to raise a hundred billion dollar he was like they're saying that's what they're saying in the company he's trying and I was I remember responding you mean a hundred billion valuation right and he said no no no they actually want to raise a 100 billion um I don't I could never corroborate that with anyone but my sense is that big numbers get tossed around a lot right like trilon among yeah yeah exactly exactly that's a great example um the whole s trillion dollar chip thing was it 7 trillion yeah it was a 7 trillion yeah yeah raising um so a lot of huge ridiculously galactic Iz numbers get tossed around when people talk about open Ai and probably inside open AI too um but you know fundamentally to your point do they need to raise the price yes they probably do I mean look at us we've both been paying for both Claude and chat gbt um because it's sort of affordable um but maybe they they can afford to raise the price if they put in these capabilities where these systems become integral to your work process then yeah maybe you'll just have to pay more and maybe they can get away with it is uh is one reason why companies like Nvidia and apple and uh Microsoft might be involved in this round is just because like even if they don't make their money back if openai is able to keep pushing the envelope then their valuation will just go up like it's a smart investment like a almost like there was a moment where opening eyes said if you're going to invest in US you guys should think of it as a donation and maybe in in these companies cases they that's fine because it is it's going to work out for them if it works out and also they can afford they can afford to do it right like it's not like apple has just been told like they had to put 13 billion doar in an escrow account to pay this Irish tax fine from the European Union and that's even that's like it sounds like a huge number but really it's just pocket change for them so an invest like an investment in open AI I think the company that's completely on the Forefront of AI right now and it literally Sparks the gender of AI boom almost two years ago I think is worth it for them yep okay one more question for you about funding so every now and again you get these Rumblings that open AI might be trying to raise from uh like basically Gulf Oil States I'm going to get it wrong Qatar Saudi Arabia but you know of the of that nature um it just kind of seems interesting to me that it's going to these states and like uh companies that initially started with this mission of AI being beneficial for the world being like you know really need to do like give an oil you know an oil oligarchy or uh I don't know authoritarian type country a stake in what we're doing what do you think about that well let's uh align our or do we align ourselves with the oil oligarchy in the Middle East or the tech corporate oligarchy in the west what to choose I would go with the tech ones but anyway yeah it depends which side of the uh which part of the world you're in and what on what your worldview would be on that I mean there's so much money out there right they've got Sovereign wealth funds which means they can make these huge bets on risky Investments and um Dubai and the UAE there's been a lot of there's been a big push to try and um diversify away from their very very big dependency on oil and try to move towards more more of a tech-based economy um so it absolutely makes sense for them to be putting money into something like this right and you've been following these companies pretty closely obviously writing the book about them um is there going to be a point where they just kind of run out of Runway like is this is this sustainable is what sustainable this all the money being spent on the training of the models in AI I mean it just it's so Capital intensive um like eventually and and you're like we were talking earlier about how it's going to take some time to figure out the use cases even though there probably are use cases there but like how much time does this have before it has to show results that return an in on the investment maybe a few I'd say a few years and I think there isn't as much pressure on the big tech companies like I I I wouldn't it's very tempting to just say it's not sustainable because it's so expensive and it's moving so fast and there's no obvious use cases but you have to remember these these companies have billions of dollars on their balance sheets they they can totally afford this and they can afford to keep spending like this for the next few years at least um I mean look how much money Mark Zuckerberg spent on the metaverse and that really went nowhere um and he's still like meta's still doing fine in fact meta as a stock has outperformed all the other big tech companies in the last I think since the start of the year thanks to its advertising and still called meta by the way so maybe they haven't fully given up but yes he's in it for the long ter for the Long Haul um yeah I I I think think they they I think they will continue to spend quite big on this um for the next few years and because they you know although they want to they do need to see their Enterprise like again I'm thinking from the hyperscalers perspective but you look you talk to someone like Google and they have I like I literally asked someone from their Cloud team last um last week um you know what what their inbound interest was for um from Enterprise customers for Gemini and for their for their API um and they were just couldn't they couldn't give me a number but they were like it's so it's just crazy the amount of um usage that we have and I was like has it has it doubled in the last year doubled would be an understatement like the rate of of of usage increase it has really gone up so they're doing fine but the the question is just like um whether businesses will continue spending on these models um we can go into this if you want but this is probably for a whole other episode like how do you how do you measure return on investment right it's not simple and it's absolutely not and I think people are starting to accept that they're starting to see buying AI Services as a bit like having email like it's hard to measure as a business how much having email actually makes you money but if you took email away from all your employees your business would just fall apart it's absolutely integral to operating um and so I think there's a sense that AI will become like that it will become a really important component of making a business more productive but it will be really hard to measure exactly how it does that in numbers yeah but the thing is most email programs are free and this is very expensive to produce and run but I think that's a that's a qu we'll we'll cross that bridge when we come to it but I do want to hear a little bit more about um sort of your perspective on Sam and Demis and if there's stuff that the public uh don't don't know about them that they should know and then I also want to talk about this story about how uh some local news sites are using people uh who are who've turned themselves into AI avatars uh uh to read the news and like do local news programs so why don't we do that right after this and we're back here yeah okay great sorry um everything's good we have a couple more minutes oh you're asking me right yeah yeah yeah yeah yeah in terms of my time yes I've got I've definitely got time okay great okay and we're back here on big technology podcast with Pary Olsen she's the author of Supremacy AI chat GPT and the race that will change the world it's out this week okay so Pary I'm curious like you I think a lot of us have a perception of Sam Alman um maybe many but somewhat fewer have a perception of damis aabis who's the head of Deep Mind at Google what do you think uh what did you learn about the two of them that is not fully represented in the public Consciousness that is important to know well I what I learned from both of them is that they both were incredibly Mission oriented people um they had very different personalities Sam was a very outspoken um charismatic individual he was an entrepreneurs Guru um he even after his company his first start up looped essentially failed by Silicon Valley standards he somehow managed to create this incredible respectability around himself among um startups and venture capitalist in Silicon Valley as this almost Yoda of um of of entrepreneurial advice he would um post blog posts with just like 99 piece of pieces of advice for for startups and he's just an incredibly good communicator and someone who would also at the drop of a hat help other entrepreneurs so i' I've spoken to entrepreneurs who said yeah I just you know sent him an email I didn't think he'd respond and then he responded right away and introduced me to someone who helped me raise money and so he has really engendered a ton of Goodwill among Stardust because he's very responsive like that um and it's actually given him an incredibly powerful position in the valley just as a as someone who's incredibly well connected and that was even before he started opening in AI when he was the head of white combinator Demus is you me deep mind oh no Sam Sam you're talking about yes yeah I'm talking about Sam I'm talking about Sam um Demus on the other side of the ocean very different kind of personality um he started off as a he was a chess Prodigy growing up um one of the best chess players in the world when he was only 13 and he was obsessed with games he I don't know if you ever played the G the video game theme park but I know that's demises he did as a teenager or something he did it when he was 17 he C co-designed it with Peter molu at um bullfrog Productions and then he went to Cambridge really young and and started his own video game um company um which in the same way that Sam's first startup failed deus's first startup also failed and both entrepreneurs really learned a lot from those failures and both kind of came out of that with this goal of wanting to to build artificial general intelligence Demis did it first he was actually the first to kind of put his neck on the line as a um among the scientific Community to do something that was really a fringe Theory um back in the in 2010 and start a company that actually wanted to build human level AI it was seen as very crazy and nobody would put money I actually spoke to an investor yesterday who was one of the VCS who didn't back Deep Mind and now they absolutely are kicking themselves for it now um but it was just they had no business model and the only way they could make money was um raise money was to come to Silicon Valley where people are selling the future and they raised money from Elon Musk and Peter teal and then of course they they they buil deep mind I mean Demus I think is like a really fascinating character he's absolutely obsessed with games and he's also really really good at winning games if you ever play him at foosball he will beat you he's just like very very good um or or or soccer um and I think maybe that's also a trait he shares with Sam that they they both um you know are very competitive and want to win and Demis also has an incredible um almost obsession with um winning a Nobel Prize this is what I've heard from people who worked with him that that was kind of the goals that he put for the company um but I think both both men you know played in in my mind I wanted to kind of hang the story on these two guys there's so many other there's a huge cast of characters in the field of AI but I don't like to tell a story about AI governance sometimes you just need to boil it down to a couple people to make it just a little bit clearer and more simple um and so that's why I focused on just those two okay One More Story I want to get to before we head out which is um I was looking up your interviews on YouTube and saw you like stand before the camera and deliver this monologue and as I'm watching I realized oh that's not Pary it's AI Pary and Jesus you're the perfect person to speak about this because this week I read a wild story uh in the in wired about a Hawaiian journalist who worked at um this paper called The Garden Island and basically it is a print type not print it's a words news site and it's covering this island of you know a couple thousand people maybe 10 no maybe like 70 th people or so and the news site all of a sudden started to do news video and who are the anchors of this these News videos they're actually AI avatars that will basically take news from the site and then read them to you and you can watch the video as if it's like a regular uh bit of news so just thinking about the direction of AI we were like talking earlier about like the ways that it might be applied what do you think about the fact that um you know we're starting to see effectively news anchors uh being I don't wouldn't call it replaced yet but being mimicked by AI avatars like the one that you uh became in your video and actually reading real news to real people on news sites like the Garden Island I think in a nutshell I think our future is just going to be so noisy we're going to have so so much information in so many different forms it's going to be not just text we're going to have so much more video we're going to have so many more images because AI is just going to be generating so much of it um and that's come like whenever I talk to businesses about how they're using generative AI they always always say we're not replacing jobs we're we're we're not replacing humans we're augmenting them which I think like it sounds a bit just disingenuous and that's just their way of protecting themselves reputationally but it's kind of true like I think we are in the case of the newscasters like it's not replacing newscasters right it's just creating more videos for people to watch potentially of news so that they don't necessarily read it on text it's just another way of consuming news and that's what I see potentially happening with generative AI is that well I I I genuinely cannot see major TV news networks replacing their anchors with generative AI anchors anytime soon you know if ever but I certainly could see you know local radio stations local webs not even local TV stations but like really small Outlets that just don't do video now here's a chance for them to do video and so we're just going to have lots lots more video content available to us through all sorts of different platforms yeah it's amazing I was like thinking about it for a big technology like what would have happened and obviously the technolog is not there yet but like what would have happened if we would have fed some AI the news stories about strawberry and and the open AI evaluation and then written like one sentence sort of perspectives from each of our side and then fed the AI your book and then say create a podcast episode I mean that stuff is crazy now I would never do it I think that our stuff is better than what you would get from AI generated slop but I yesterday I I spoke with an editor who had his body scanned and um uses this video uh as an added added feature on his website and it was amazing he was like first of all he was like working with the software company and was like my accent is uh is and my English is um not as good as your technology is making it out to be so I wanted it to sound like his quote was dirtier you know I think he meant rougher not like I don't think he wanted it with swear words and stuff um and and they did it and it sounds a lot and looks a lot like him and they're getting thousands of views on each of these videos they're getting thousands of views really see this is what I don't get is do people actually like this and I think what is going to happen I mean you said thousands of views right so the more people see AI generated content the more they get used to it and the more they get comfortable with it so even though avat video avatars of news anchors and this gentleman you mentioned probably look a little bit on County Valley actually if you watch that kind of content for long enough you start to just be okay with it and then maybe like when it comes up in your Tik Tok feed or Instagram or you find it on a website you just you click on it because you're okay with it you're used to it exactly oh god well everybody this has been a real discussion between real me and I hope that this is real you Pary is this real give a sign of life I don't know I couldn't tell th there's a thumbs up all right right your avatar couldn't do that cuz it's just yes see there we go okay so um but I I uh am so glad we got a chance to speak and I do encourage people to pick up the book it's called Supremacy AI chat GPT and the race that will change the world in man Supremacy it's the right the right title for it right oh thank you yeah uh well congratulations on the release par me great speaking with you thanks again for coming on oh likewise this was this was really fun thank you and it was for me as well all right everybody thanks for listening on Wednesday I'll have an interview with the CEO of LinkedIn Ryan roslansky so stay tuned for that yes we're talking about AI of course we are there Microsoft subsidiary uh and uh and then I'll be back on Friday with Ronan breaking down next week's news thanks again for listening and we'll see you next time on big technology podcast