AI Insights Newsletter – 22nd April 2024

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Welcome back to another week of AI news, folks. As we navigate the ever-evolving landscape of artificial intelligence, let’s adapt to the latest developments together.

Great to attend the DSAI (Data Science and AI Australia) event with NVIDIA this week. We saw our very own Arturo present further on SIKE but from a different angle this time as the audience was mostly devs. We have shown how SIKE helps end consumers but it also helps devs too, in particular when it comes to the building blocks for working with AI models and the components needed to make life easier. We have the PromptFlows language model for making it easier to reduce stochasticity when working with AI tool and other things like dynamic cost tracking to help businesses attribute costs to usage and microsignatures to improve reliability that humans are in the loop. We’ll have the full replay out next week but for now, enjoy these highlights here https://www.linkedin.com/feed/update/urn:li:activity:7186126636499505152/ 

Also this week, we reshared something Arturo wrote up on semantic knowledge and reducing randomness (stochasticity) in AI https://medium.com/@numbersdefi/reducing-stochasticity-in-corporate-applications-of-language-models-through-semantic-programming-ab9dd52dab82 

If you’re into open source models, Meta AI just dropped a gem which turns is just as good as GPT-4 on some tests. Here’s some coverage of that from The AI Advantage channel https://www.youtube.com/watch?v=OTYP896o9m0 

Annie Liao and The Builders Club just launched a new accelerator for AI founders https://www.linkedin.com/posts/annieliaoo_startups-ai-accelerate-activity-7186862903919022081-BUWR?utm_source=share&utm_medium=member_desktop 

The US creates a new regulatory agency for AI here and David Shapiro dives into it

Interesting podcast with Sam Altman here talking about Y Combinator, the start of OpenAI and which companies will be in the firing line of OpenAI

What a debate, Kurzweil vs Hinton. These guys are stalwarts of the AI space so it’s great to see their opinions 

Important stuff on foundation models and regulation here out of the UK https://www.linkedin.com/posts/raymond-sun-64576a122_ai-artificialintelligence-competition-activity-7186158235807092736-eNHL?utm_source=share&utm_medium=member_android

AI singularity is best explained by AI, in this case deep fake Mike Tyson 

Check out the state of AI in charts on this video. Insights from Stanford University 

Thank you for joining us for this edition of AI Insights. We hope these stories inspire you to think about the role of AI in our world and its vast potential to transform our lives. Stay tuned for more updates and insights in our next newsletter. Stay tuned for more insights from us next week and if you’re interested in SIKE (our business-friendly AI tool), then you can check out more on what it’s about here.

Get in touch

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

Or 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.