OpenAI plans to turn For-Profit to "change society"

Hello, AI Enthusiasts!

Welcome to FavTutor’s AI Recap! We’ve gathered all the latest and important AI developments for the past 24 hours in one place, just for you.

In Today’s Newsletter: 😀

• OpenAI plans to turn For-Profit to “change society”

• Social Media could soon be filled with AI characters: Meta

• OpenAI's o1-preview outperforms Doctors in Tricky Medical Cases

OpenAI
🤑 OpenAI plans to turn For-Profit to “change society”

OpenAI has outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to "raise more capital than we'd imagined," and remove the restrictions imposed on the startup by its current nonprofit parent.

Insights for you:

• OpenAI plans to become a Public Benefit Corporation⁠ (PBC), a for-profit company that operates for the good of society.

• Even with the restructuring, OpenAI's nonprofit branch will own a large share of the new PBC.

• According to the company, this change is aimed at helping the company raise more money to fund its efforts in developing advanced AI systems, including artificial general intelligence (AGI)—AI that could surpass human intelligence.

Meta
🤖 Social Media could soon be filled with AI characters: Meta

Meta is laying the groundwork for a future where AI-generated profiles will interact alongside regular users on Facebook and Instagram, with some of these tools already rolling out, according to Financial Times.

Insights for you:

• Meta plans to introduce AI-generated profiles on its Facebook and Instagram platforms in the coming years, which will coexist alongside human users.

• These AI accounts will feature their biographies, profile pictures, and the capability to generate and share content, to enhance the entertainment value and appeal of the platforms.

• However, these AI-generated profiles also raise concerns about potential risks, such as the rise of misinformation and low-quality content on social media platforms.

OpenAI
🩺 OpenAI's o1-preview outperforms Doctors in Tricky Medical Cases

A new study suggests OpenAI's o1-preview AI system might be better at diagnosing tricky medical cases than human doctors. The model demonstrated superior performance compared to older models and experienced physicians in diagnosing complex medical cases.

Insights for you:

• Researchers from Harvard Medical School and Stanford University conducted a study to evaluate the diagnostic abilities of OpenAI's AI model o1-preview. It correctly diagnosed 78.3% of all cases it examined.

• In a direct comparison of 70 specific cases, the system performed even better, accurately diagnosing 88.6% of cases - significantly outperforming its predecessor GPT-4, which managed 72.9%.

• The model also showed better performance in making treatment decisions, although it had some weaknesses in assessing probabilities.