Setting Fair Rules: Can AI Play Nice in the Market?

Greetings!

Welcome to The Menu Magic - Finance & AI weekly newsletter

In today’s email:

• Setting Fair Rules: Can AI Play Nice in the Market?

• When Gaming Meets AI: A New Adventure Begins

• The new approach to building AI startups from Ex-Google Ex Baidu expert

Setting Fair Rules: Can AI Play Nice in the Market?

Dear friend,🚀

Over in the UK, there's a group called the Competition and Markets Authority (CMA) who've come up with some cool ideas to make sure the world of Artificial Intelligence (AI) is fair for everyone. They're thinking big, but can these ideas stand tall when money talks?

They've got words like Accountability, Access, and Transparency to help create a good game plan for AI. But with big tech companies having a lot of power, will these ideas help level the playing field or will they just be nice thoughts?

The CMA's stepping up is awesome, but the big question is whether these ideas will catch on around the world or if they'll get lost in the noise when profits are on the line.

Also, AI is becoming a part of everything, so making sure it plays fair is super important. If a few big companies control AI, it could stop new cool ideas from coming up and could mess with how things work in the market. The CMA’s ideas are meant to stop this from happening, but getting to a fair AI market might be a tough ride.

We're heading into new territory, where making sure things are fair while also making cool new stuff is both exciting and tricky. The question is, will these ideas help lead us to a fair and friendly AI market or will they just be forgotten?

The CMA’s move is like a wake-up call for everyone to think about where the AI market is heading. It’s about making sure we're heading in a good direction while dealing with all the challenges that come our way.

Catch up soon, and I can’t wait to hear your thoughts!

P.S. The story’s still unfolding. Dig deeper into the CMA's ideas here and imagine the kind of future they’re trying to build. Are we about to see a friendly AI market or will a few big players take over? Your ideas could be the key to figuring this out!

When Gaming Meets AI: A New Adventure Begins

Hey there, game enthusiast! 🚀

The creators of Genshin Impact, miHoYo, have teamed up with some brainy folks to explore the world of AI agents in a massive 86-page paper. It's like peeling layers off an onion, diving into how AI thinks, sees, and acts!

Imagine, if the smart tech behind Stanford Smallville's "Generative Agent" could be brought into Genshin's universe or other big games. It would be like adding a new kind of player to the mix, creating unexpected and cool interactions!

But, there's a hiccup. Bringing this tech to a huge player base is a tough cookie to crack, mainly because it's expensive and needs some fine-tuning to run smoothly.

The journey of blending gaming with AI is like opening a new level, with challenges and treasures waiting to be discovered. This paper, "The Rise and Potential of Large Language Model Based Agents: A Survey," is like a map to this new level.

The dream of making really smart AI has always been around, with AI agents being the cool gadgets leading this dream. These agents can feel their digital world, make choices, and act on them, kinda like us! But making a one-size-fits-all model for them has been tricky. Big language models (LLMs) seem to be a cool starting point to build these agents.

In this paper, the authors explore how LLMs can help create smart agents, not just alone but also in groups, and even alongside humans! It's like imagining a society of digital beings, each doing their own thing, and the paper invites us to explore this wild idea further.

P.S. Ready to dive deeper? Check out the full paper here and explore how your favorite game could evolve with AI on board. It's game on for this tech adventure!

Andrew NG, Ex-Google Chief AI scientist proposes a new way to build AI startups

I'd love to hear your feedback on today's newsletter! Is there a specific type of content you'd like to see more of in the future? Since I'll be releasing a new edition each week, I welcome any suggestions or requests you may have. Looking forward to hearing your thoughts!

The Menu Magic is written by Francisco Cordoba Otalora, an AI entrepreneur living in London.

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