AI Insights Newsletter – 13th May 2024

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It was great to come back from the chartered accountants ANZ event where to be a judge at and attendance as well. Some great pictures and ideas being pushed out there ranging from personal productivity, assistance to running app helpers and better ways of solving for privacy when it comes to your data. All that and much more much more. See this post here.

Great to see Sarah Kaur (of the CSIRO) talking AI ethics on this podcast which you can get to in her LinkedIn post here.

Also this week we filmed episode 2 of The NC Show with Arturo and Mark. We gave updates from the week but also talked about the need for humans in the loop when it comes to AI. See more here.  

Ethan Mollick here with a research piece on the inability of University lecturers in terms of their perceptions of what is AI written versus not. It’s not a hard and fast rule, but there certainly should be something in terms of adjusting how assessments occur in light of GPT tools. Link here.

AI enabled IKEA? That’s what will happen with all the workers being part of this and benefiting from how AI can make their lives better. More here.

OpenAI will be out with an announcement (at 3am Tuesday in Sydney) which is meant to hint at new GPT-4 updates. Some are expecting it to be a new kind of voice assistant (and a HER type moment) or something to do with search (though Sam Altman says it’s not going to quite search). More here from TechCrunch.

Great chat with this engineer on the early days of OpenAI and how it wasn’t just random that they launched ChatGPT and the move from that company over to Google. See more here.

In regulation news it seems like France and China are in alignment – see more from Raymond Sun here.

AI Builders Club led by Annie Liao, Supabase and Relevance held this event recently showcasing builders building on Supabase. Check it out here.

75% of workers (according to this study) are using AI at work. But, without support they’ll end up using bad AI and the consequences are not great. Check out the link here.

Those debates around where the AI is trying to convince you one way or the other can be potentially put to rest when it comes to what openai have released here in terms of their model spec, which clearly shows how the underlying model works when trying to do things like potentially convincing which some people think happens. See the details here

AI updates from the week are also covered well by Matt Wolfe, you need to check out his YouTube channel for more. 

Google DeepMind releasing Alpha Fold 3 didn’t get much fanfare but it’s a pretty big announcement.

We’ll leave you with this funny post which is not too far off from the truth. Dunning Kruger is something that’s in effect for sure. Credit to Oliver Molander on LinkedIn.

Get in touch

Stay tuned for more insights from us next week and if you’re interested in SIKE (our privacy focused AI tool), then you can check out more on what it’s about here.

If you’re interested in learning more, reach out to Nick Bishop CFA, Arturo Rodriguez or 📈 Mark Monfort here and get us on email here.

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Mark
Monfort

Mark drives innovation with his deep understanding of AI, blockchain, and data technologies. His experience spans over 15 years of contributions to finance, technology, and operational strategy across Australia, Europe, and North America.

In 2021, he transitioned from Head of Data and Technology at a leading Australian accounting firm to startups. Prior to this, he worked in equity and macroeconomic research in the capital markets space.

Mark brings a passion for data and insights to NotCentralised. His understanding of AI and blockchain technology is central to the development of workplace productivity and financial system modernisation products, including SIKE and Layer-C. Mark’s dynamic and solutions-focused methods enable the navigation of complex technological landscapes and new market potentials.

Mark holds an Executive Master’s and a Bachelor of Commerce. He led the creation of the Australian DeFi Association and serves on the advisory board for the Data Science and AI Association of Australia. His commitment to such communities demonstrates his enthusiasm for emerging technologies and vision of positive change through technology adoption.

Nick
Bishop

Nick spearheads product strategy and institutional business development, leveraging a rich background spanning 23 years in capital markets and financial services across the UK, the US, and APAC.

In 2020, Nick transitioned into startups, bringing extensive experience in asset management and corporate advisory from roles including Director, Head of Australian Fixed Income at Abrdn and Managing Director, Head of Corporate Credit at Gresham Partners. His expertise extends to client management across the government and private sectors.

With a First Class degree in Law and Criminology and Chartered Financial Analyst experience since 2002, Nick is known for his energetic and creative approach, quickly appraising business models and identifying market opportunities.

Beyond his role at NotCentralised, Nick actively contributes to multiple startups and SMEs, holding various Board and advisory positions and applying his institutional expertise to early-stage ventures. Nick is fascinated by emerging technologies with significant societal impact and loves to immerse himself in nature.

Arturo
Rodriguez

Arturo leads product development and software engineering, applying over two decades of experience in technology, capital markets, and data science. With his years of programming expertise, Arturo smoothly transitioned into blockchain, AI, and machine learning.

Arturo has built and sold technology startups across Europe, following quant derivatives roles in global investment banks. His prior experience includes data projects for the NHS in the UK, Strategic Technology Advisor at Land Insight, and Senior Advisor to OpenInsight, where he built predictive models for vessel usage in commodity markets.

A mathematics and statistics graduate from Stockholm University, Arturo’s early grounding in logic problems and data manipulation techniques is evident in his practical applications. His work building equity derivative pricing models for Merrill Lynch and Royal Bank of Scotland showcased Arturo’s highly specialised skillset.

Arturo relocated from London to Australia in 2020. Beyond NotCentralised, his passion for technology and industry involvement extends to the Australian DeFi Association, which he co-founded, and regular contributions to the Data Science and AI Association.