However, according to Geoffrey Hinton, pausing the research is “unrealistic”. Also: Google wants to revolutionize Internet search and Apple shares at a nine-month high.
Good morning! Even during the weekend, work in the digital scene continued in many places.
The top topics:
Artificial Intelligence (AI) could pose a more “urgent” threat to humanity than climate change. This is what the AI pioneer said Geoffrey Hinton in an interview with Reuters news agency on Friday. “I don’t want to discount climate change,” he said. “I don’t want to say, ‘You shouldn’t be worried about climate change.’ That’s also a big risk.” But AI could end up becoming an even more pressing threat because it’s not as clear how to deal with AI. Hinton, considered one of the “Godfathers of Artificial Intelligence,” is from his position at the Google-Mutter Alphabet resigned because he wanted to speak openly about the risks of the technology.
Hinton isn’t the only cautionary voice: In April, too, signed Tesla– and TwitterCEO Elon Musk shared with others an open letter calling for a six-month hiatus in the development of systems more powerful than the latest AI model, the GPT-4 OpenAI. However, Hinton said he thought the proposal was “unrealistic”. On Sunday, the German “father of artificial intelligence” also spoke up. According to Jürgen Schmidhuber, the rise of AI is “inevitable” and should not be feared. [Mehr bei The Guardian und Reuters]
On Founder Scene: It borders on a miracle: After decades of discussion and deliberation, Germany has managed to introduce a digital public transport ticket. Cheers would be appropriate, is that Ticket with 49 euros but also fairly priced. But it does not solve the real problems of our public transport, as author Don Dahlmann writes in his new torque column. [Mehr bei Gründerszene]
And here are the other headlines of the night and the past few days:
Google wants to change the way it presents search results, according to a report by The Wall Street Journal. In this way, the tech company wants to integrate conversations with artificial intelligence (AI) as well as shorter video and social media posts. This is a departure from the website results list that has made it the dominant search engine for decades. [Mehr bei Wall Street Journal]
Die AppleShares are up nearly 5 percent on Friday, hitting a nine-month high. The market value grew by 107 billion US dollars to 2.75 trillion dollars. The US company exceeded expectations with its quarterly figures at the end of the week. Above all, iPhone sales turned out to be significantly stronger than expected. Since the beginning of the year, the share of the most valuable company in the world has risen by 34 percent. [Mehr bei Reuters und Australian Financial Review]
Doordash increased its revenue by 40 percent year-on-year in the first quarter. Revenue climbed to $2 billion. Orders outside of the restaurant category, which includes pharmacies and grocery stores, have grown significantly faster, according to the US company. However, part of the growth also comes from the takeover of the European delivery startup Wolt, which was completed last June. Doordash’s loss narrowed slightly from $167 million to $161 million for the same period. [Mehr bei Wall Street Journal und The Information]
Instacarts gross order volume grew between five and ten percent in the first quarter. This puts the growth rate well below the 16 percent for the full year 2022 and below the comparable numbers reported by its competitors Doordash and Uber have reported. The slowdown in business could affect the IPO schedule, according to US outlet The Information. The company, which recently raised its internal valuation to $12 billion, has previously pushed back its IPO from 2022 to this year. [Mehr bei The Information]
Tesla has now also raised the prices of its more expensive sedans in China. The Model S and Model X are now almost $2750 more again. The US electric car manufacturer had previously made its Model 3 and Model Y more expensive. Prices have also gone up in other markets, including the US. In previous months, Tesla had lowered prices to stimulate demand. [Mehr bei Bloomberg und CNBC]
Our reading tip on Gründerszene: From shampoos to tablets: there are plenty of products against hair loss, but without a resounding effect. The founders of Niostem from Cologne are now launching a special wearable. [Mehr bei Gründerszene+]
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Have a good start into the week!
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