🤖 ChatGPT might be in trouble...

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PLUS: Hackers expose chatbot flaws

Rowan Cheung August 14, 2023

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Welcome, AI enthusiasts.

Is OpenAI headed toward bankruptcy? Recent news thinks Microsoft’s $10B investment might run dry by 2024. Let’s get into it…

In today’s rundown:

🚨 ChatGPT’s soaring costs could trouble OpenAI

💻 Hackers expose flaws in leading AI chatbots

🛠 9 New AI tools

✨ How to level up presentations with ChatGPT

🤖   3 Quick AI updates

Read time: 3 minutes

LATEST DEVELOPMENTS

OPENAI

🚨   ChatGPT’s soaring costs could trouble OpenAI

Image source: Midjourney

The Rundown: According to AIM , popular chatbot ChatGPT costs OpenAI   ~$700K per day and bankruptcy could be on the horizon by 2024.

Key points:

OpenAI's money problems are piling up faster than ChatGPT can spit out essays, totaling $540 million since launch.

After a wild surge, ChatGPT's user base dropped 12% from June to July as hype fizzled.

OpenAI aims to reach $200 million in revenue this year and $1 billion in 2024, but experts are skeptical.

GPU shortages and employees jumping ship to competitors are adding to OpenAI's woes.

Our thoughts: OpenAI kicked off an AI revolution with ChatGPT, but keeping the lights on for such powerful models isn’t cheap. Will they actually go bankrupt? Certainly not.

However, as leaner competitors with open-source models threaten, profitability needs to come quickly.

TOGETHER WITH PLUTO

💰 How to use AI to invest smarter

The Rundown: With Pluto.fi , use your own AI analyst to provide reports on your portfolio and specific stocks, so you can make smarter investing decisions.

Here’s what you can do with Pluto:

📊 Access personalized real-time market data and analysis

🧠 Team up with your AI to turn market trends into lucrative automations

💰 Invest in any US stock, fine-tuning with AI support

Start your free trial today at Pluto.fi.

CYBERSECURITY

💻 Hackers expose flaws in leading AI chatbots

Image source: Midjourney

The Rundown: 3,500 participants are currently competing to uncover vulnerabilities in major AI chatbot models at the DefCon hacker convention in Las Vegas.

The details:

Researchers feel Chatbot security wasn't a priority at launch— and led to current iterations being easily manipulated to generate racist, biased, and harmful content.

Hackers have already tricked the top models with poisoned data, phishing emails, and other attacks.

Despite big tech companies pledging to audit their models, smaller startups jumping into AI may launch unsecured, vulnerable products.

Why it matters: AI's capabilities continue to rocket ahead, but security lags big time . And with chatbots spreading fast, big risks are coming. But plugging holes in the security vulnerabilities of these complex models won't be quick— or easy.

TRENDING TOOLS

👾   Monster API -   Train, tune, and access AI models at a fraction of the cost ( link )

📕   WorkbookPDF - Personalized AI language workbooks ( link )

🧠 MindPal - A second brain built with AI ( link )

🧑 MeMemes - Turn yourself into a meme with AI ( link )

🔥   Jasper - An AI copywriter assistant to generate any kind of marketing copy ( link )

🦾   Browse - Train a robot in 2 minutes to extract data from any website ( link )

📊   Sheet AI - Put AI in your Google Sheets ( link )

🧪   Quiz Gecko - AI online test and quiz maker ( link )

🔮 Supertools- Organizes 100’s of AI tools for you in one spot ( link )

AI TRAINING

⭐   How to level up presentations with ChatGPT

Need to deliver a captivating presentation? Whether it's for clients, colleagues, or a conference, ChatGPT can help you nail down the perfect slides.

Step 1: Open ChatGPT and briefly describe your presentation topic and main points. Ex: "I'm presenting sustainable business practices in AI to a group of executives for a prospective partnership."

Step 2: Ask for suggestions like, "What key points should I highlight?" or "Can you suggest an engaging way to open my presentation?" If you have existing slides, try pasting the text in and asking for revisions based on your audience, criteria, goals, etc.

Bonus tip: Use ChatGPT to help craft compelling visuals. Ask questions like, "What kind of visuals or charts would best represent this data?" or "Suggest a relatable analogy for this concept." You can even generate the charts using ChatGPT’s Code Interpreter, and the visuals with a tool like Midjourney.

QUICK HITS

🧠   Webinar: AI humans powered by LLMs (sponsor)

DeepBrain AI is hosting a webinar on August 17th to demonstrate conversational AI Humans paired with ChatGPT, Inworld, and other custom large language models—an engaging AI solution for customer service, education, and retail. Don’t miss out! Register here .

🥱   Physicist: AI bots are ‘glorified tape recorders’

Renowned physicist Michio Kaku says everyone needs to chill with the anxiety around AI bots like ChatGPT— calling them ‘glorified tape recorders' that can't tell the truth from lies without human help.

🦊   AI cameras help track British wildlife

Scientists have unleashed AI-powered cameras across UK rail lines to spy on wildlife, identifying dozens of species from thousands of recordings. Researchers say only AI enables this type of large-scale monitoring— a vital breakthrough as climate change alters biodiversity across the globe.

SPONSOR US

🦾 Get your product in front of over 275k+ AI enthusiasts

Our newsletter is read by thousands of tech professionals, investors, engineers, managers, and business owners around the world. Learn more or get in touch today.

THAT’S A WRAP

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If you have anything interesting to share, please reach out to us by sending us a DM on Twitter: @rowancheung & @therundownai

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PLUS: Hackers expose chatbot flaws. Rowan Cheung August 14, 2023. Sign Up | Advertise | Tools | View Online. Welcome, AI enthusiasts. Is OpenAI headed toward bankruptcy? Recent news thinks Microsoft’s $10B investment might run dry by 2024. Let’s get into it… In today’s rundown: 🚨 ChatGPT’s soaring costs could trouble OpenAI. 💻 Hackers expose flaws in leading AI chatbots. 🛠 9 New AI tools. ✨ How to level up presentations with ChatGPT. 🤖   3 Quick AI updates. Read time: 3 minutes. LATEST DEVELOPMENTS. OPENAI. 🚨   ChatGPT’s soaring costs could trouble OpenAI. Image source: Midjourney. The Rundown: According to AIM , popular chatbot ChatGPT costs OpenAI   ~$700K per day and bankruptcy could be on the horizon by 2024. Key points: OpenAI's money problems are piling up faster than ChatGPT can spit out essays, totaling $540 million since launch. After a wild surge, ChatGPT's user base dropped 12% from June to July as hype fizzled. OpenAI aims to reach $200 million in revenue this year and $1 billion in 2024, but experts are skeptical. GPU shortages and employees jumping ship to competitors are adding to OpenAI's woes. Our thoughts: OpenAI kicked off an AI revolution with ChatGPT, but keeping the lights on for such powerful models isn’t cheap. Will they actually go bankrupt? Certainly not. However, as leaner competitors with open-source models threaten, profitability needs to come quickly. TOGETHER WITH PLUTO. 💰 How to use AI to invest smarter. The Rundown: With Pluto.fi , use your own AI analyst to provide reports on your portfolio and specific stocks, so you can make smarter investing decisions. Here’s what you can do with Pluto: 📊 Access personalized real-time market data and analysis. 🧠 Team up with your AI to turn market trends into lucrative automations. 💰 Invest in any US stock, fine-tuning with AI support. Start your free trial today at Pluto.fi. CYBERSECURITY. 💻 Hackers expose flaws in leading AI chatbots. Image source: Midjourney. The Rundown: 3,500 participants are currently competing to uncover vulnerabilities in major AI chatbot models at the DefCon hacker convention in Las Vegas. The details: Researchers feel Chatbot security wasn't a priority at launch— and led to current iterations being easily manipulated to generate racist, biased, and harmful content. Hackers have already tricked the top models with poisoned data, phishing emails, and other attacks. Despite big tech companies pledging to audit their models, smaller startups jumping into AI may launch unsecured, vulnerable products. Why it matters: AI's capabilities continue to rocket ahead, but security lags big time . And with chatbots spreading fast, big risks are coming. But plugging holes in the security vulnerabilities of these complex models won't be quick— or easy. TRENDING TOOLS. 👾   Monster API -   Train, tune, and access AI models at a fraction of the cost ( link ) 📕   WorkbookPDF - Personalized AI language workbooks ( link ) 🧠 MindPal - A second brain built with AI ( link ) 🧑 MeMemes - Turn yourself into a meme with AI ( link ) 🔥   Jasper - An AI copywriter assistant to generate any kind of marketing copy ( link ) 🦾   Browse - Train a robot in 2 minutes to extract data from any website ( link ) 📊   Sheet AI - Put AI in your Google Sheets ( link ) 🧪   Quiz Gecko - AI online test and quiz maker ( link ) 🔮 Supertools- Organizes 100’s of AI tools for you in one spot ( link ) AI TRAINING. ⭐   How to level up presentations with ChatGPT. Need to deliver a captivating presentation? Whether it's for clients, colleagues, or a conference, ChatGPT can help you nail down the perfect slides. Step 1: Open ChatGPT and briefly describe your presentation topic and main points. Ex: "I'm presenting sustainable business practices in AI to a group of executives for a prospective partnership." Step 2: Ask for suggestions like, "What key points should I highlight?" or "Can you suggest an engaging way to open my presentation?" If you have existing slides, try pasting the text in and asking for revisions based on your audience, criteria, goals, etc. Bonus tip: Use ChatGPT to help craft compelling visuals. Ask questions like, "What kind of visuals or charts would best represent this data?" or "Suggest a relatable analogy for this concept." You can even generate the charts using ChatGPT’s Code Interpreter, and the visuals with a tool like Midjourney. QUICK HITS. 🧠   Webinar: AI humans powered by LLMs (sponsor) DeepBrain AI is hosting a webinar on August 17th to demonstrate conversational AI Humans paired with ChatGPT, Inworld, and other custom large language models—an engaging AI solution for customer service, education, and retail. Don’t miss out! Register here . 🥱   Physicist: AI bots are ‘glorified tape recorders’ Renowned physicist Michio Kaku says everyone needs to chill with the anxiety around AI bots like ChatGPT— calling them ‘glorified tape recorders' that can't tell the truth from lies without human help. 🦊   AI cameras help track British wildlife. Scientists have unleashed AI-powered cameras across UK rail lines to spy on wildlife, identifying dozens of species from thousands of recordings. Researchers say only AI enables this type of large-scale monitoring— a vital breakthrough as climate change alters biodiversity across the globe. SPONSOR US. 🦾 Get your product in front of over 275k+ AI enthusiasts. Our newsletter is read by thousands of tech professionals, investors, engineers, managers, and business owners around the world. Learn more or get in touch today. THAT’S A WRAP. Keep an eye out and click the star emoji hidden somewhere in today’s email for a free entry into our AI starter pack giveaway (win a free M2 MacBook Air)! Additionally, you’ll get another free entry for every subscriber who joins our newsletter using your unique link: https://www.therundown.ai/subscribe?ref=PLACEHOLDER. You can track how many referrals you’ve made here.   Happy hunting! If you have anything interesting to share, please reach out to us by sending us a DM on Twitter: @rowancheung & @therundownai. How was today's newsletter? 🤖🤖🤖🤖🤖 Nailed it. 🤖🤖🤖 Average. 🤖 Epic fail. Login or Subscribe to participate in polls. ❤ Rundown review of the day. Join the conversation. Login or Subscribe to participate .