AI Insights Newsletter – 17th June 2024

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Welcome back everyone to another AI Insights newsletter by NotCentralised. We explore the interesting things we’ve been finding on the world of AI this past week and synthesise it for the things we think you should care about.

If you’re interested in talking with us about how to get the best out of AI for your work then feel free to get in touch with us either on this contact form or email

SIKE in the NC Show podcast

We featured SIKE in our NC show podcast last week where we highlighted how we’re using it to write consistent content, the use of AI agents/teams and how we’ve got a Discord showing how to do things with the tool – starts at 16:04

Apple (not artificial) Intelligence

AI inside Apple devices was the big news this week with some loving, and some hating the news. This came as part of the WDC conference this week and well-known AI commentary, Robert Scoble highlights it here on X – see the post here.

Though folks like Elon aren’t too happy about it all as he shares his disdain for trusting Apple with your private data (even if they talk about ways they protect it). It is ironic though, given that folks are also being asked to trust X, or Tesla with the data that goes into those services Elon provides. See the post on it here on X as well.

Apple clapped back after this as well which didn’t sit well with the owner of X as he’s now deleted their tweets and posts (see their X account).

It just goes to show that privacy is indeed a concern for people when it comes to AI and it harks back to why we built our AI platform SIKE to be a way to have more trusted ways to work with AI.

OpenAI and the NSA

OpenAI hired a former NSA chief to their advisory board to beef up AI safety but it has many heads turning the other way believing that this also enhances their chances of surveilling us given that’s what this NSA director did under his tenure. Read the full article on the OpenAI blog here.

Also, on that note there was this piece seeing further Defence related usage of AI with Microsoft deploying models into a Pentagon private cloud. See more here.

Rounding out the news on OpenAI, there’s speculation they could become a private company? It’s being considered according to this note on X (including an article link in the post).

Back to Doomerism

Whilst this video might seem like it’s buying into the AI doomerism, it’s certainly not that. If anything this is the sort of pragmatic critiques needed in this space.

Sora gets some competition from Luma

Just when you thought we had to continue to wait until Sora comes out from OpenAI, we get this, an accessible text up video model from Luma. Check this out

The AI bubble?

Is AI in a bubble? According to this video it is but we certainly don’t agree with everything said here. Whilst many new industries (and existing ones) get some overhype, there’s nuance to all of this. A flaw pointed out in the video around hallucinations is, as we’ve highlighted, able to be solved for if you provide appropriate context to what the AI needs to look at. We do agree on cautioning over unrealistic expectations but from what we’ve been working on, we have a lot more reasons to be optimistic when we see the capabilities. Still, check this out.

Cold water on Situational Awareness

Remember the 165-page manifesto from Leopold Aschenbrenner (called Situational Awareness) the former OpenAI researcher? Well now there’s this from well known data science YouTuber Sabine who pours some cold water on it

Open-source Perplexity

Here’s to the power of open source tooling especially if you like Perplexity. Many were users of the free and paid versions of this great search tool (powered by AI) but when Google announced they would add AI to their search capabilities, many worried about the viability of Perplexity. But now, whether they stick around or not, there’s alternative solutions like this open source one called Perplexica. See more here in this article.

AI Tools Updates

We’ll leave you with this Matt Wolfe video who does the great roundup of interesting AI tools to check out this week (including the new Luma text to video tool). 

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 Arturo Rodriguez or 📈 Mark Monfort here and get in touch with us here or on email at we@notcentralised.com.

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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.