Cash rules electronic AI machines. (C.R.E.A.M.)
AI’s so called threat to humanity hasn’t stopped the money train from barreling in.
Santa Clara, California based Nvidia Corporation briefly joined the $1 trillion club with Apple, Microsoft, and Google Tuesday morning.
ChatGPT started its first semester in college just as the market for gaming PC and crypto mining died down. Now, Nvidia is raking in the big bucks supplying GPUs for the AI industry’s most powerful rigs.
Nvidia’s stock opened Tuesday morning trading at $405 per share and peaked at $419 per share. It closed Tuesday at $401 a share bringing the company’s valuation back down to a respectable $992 billion.
Nvidia’s good news comes the same day 350 researchers and OpenAI’s CEO signed a one sentence letter urging the public to take risks inherent in AI technology seriously.
Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war
Center for AI Safety
Our editor-in-chief is a big booster of AI technology, but I’m a skeptic. While Nvidia was crossing the trillion dollar mark, OpenAI, Microsoft, and Google were steadily driving the AI train full speed ahead when they signed this sentence.
Really, let’s not call a one-line statement an expression of concern for society while you rake in billions.
The public needs to take our mic back. AI technologies can be dangerous misinformation spreaders and AI-enabled algorithms can cause harm to minority groups.
If someone tells you who they are believe them.
If these AI CEOs are telling use their creations are dangerous, we should believe them
-MJ