Last week, an Australian “cultured meat” company called Vow made headlines with a meatball made from the flesh of a woolly mammoth – or something very much like it. Combining the technologies of lab-based cell culture and “de-extinction,” Vow scientists grew muscle proteins based on DNA sequences from the long-dead proboscideans. The meatball was not… Read more »
Sixty years ago, the animated series The Jetsons finished its first and only season before being canceled. Just 24 episodes were broadcast between September 1962 and March 1963. Despite this, the cartoon has achieved huge influence in popular culture, with countless reruns, a reboot in the mid-1980s (51 episodes over two seasons), and a feature-length… Read more »
Last week, artificial intelligence pioneers and experts urged major AI labs to immediately pause the training of AI systems more powerful than GPT-4 for at least six months. An open letter penned by the Future of Life Institute cautioned that AI systems with “human-competitive intelligence” could become a major threat to humanity. Among the risks,… Read more »
Is it time to put the brakes on the development of artificial intelligence (AI)? If you’ve quietly asked yourself that question, you’re not alone. In the past week, a host of AI luminaries signed an open letter calling for a six-month pause on the development of more powerful models than GPT-4; European researchers called for… Read more »
Australia’s federal parliament has approved a A$15 billion National Reconstruction Fund, intended to reverse the nation’s dwindling manufacturing sector. It is the “first step” in Prime Minister Anthony Albanese’s election promise “to revive our ability to make world-class products.” The fund will focus on investing in high-tech manufacturing. There are seven priority areas: clean energy… Read more »
Recent public interest in tools like ChatGPT has raised an old question in the artificial intelligence community: is artificial general intelligence (in this case, AI that performs at human level) achievable? An online preprint this week has added to the hype, suggesting the latest advanced large language model, GPT-4, is at the early stages of… Read more »
Since it was founded in 2016, Elon Musk’s brain-computer interface (BCI) company Neuralink has had its moments in biotech news. Whether it was the time Musk promised his “link” would let people communicate telepathically, or when the whole company was under investigation for potentially violating the Animal Welfare Act, the hype around Neuralink means it’s… Read more »
According to predictions made nearly a decade ago, we should be riding around in self-driving vehicles today. It’s now clear the autonomous vehicle revolution was overhyped. Proponents woefully underestimated the technological challenges. It turns out developing a truly driverless vehicle is hard. The other factor driving the hype was the amount of money being invested… Read more »
Google and Microsoft are on a mission to remove the drudgery from computing, by bringing next-generation AI tools as add-ons to existing services. On March 16, Microsoft announced an AI-powered system called Copilot will soon be introduced to its 365 suite apps including Word, Excel, PowerPoint, Outlook and Teams. The news came about two days… Read more »
You’ve probably heard about the “great resignation” which saw large numbers of people resigning from their jobs in the US in 2021 and 2022. We didn’t see resignations over and above what is normal in Australia. However, we did see workers resisting the post-COVID return to the office. To better understand these trends, we conducted… Read more »
Australia is a living testament to the benefits of productivity growth. An average worker today puts in 14 fewer hours per week and takes home a real wage six times that of the average worker in 1901 – all because we are producing more per hour worked. And yet in the past decade that rate… Read more »
OpenAI, the artificial intelligence (AI) research company behind ChatGPT and the DALL-E 2 art generator, has unveiled the highly anticipated GPT-4 model. Excitingly, the company also made it immediately available to the public through a paid service. GPT-4 is a large language model (LLM), a neural network trained on massive amounts of data to understand… Read more »
Most people are familiar with the deluge of artificial intelligence (AI) apps that seem designed to make us more efficient and creative. We’ve got apps that take text prompts and generate art, and the controversial ChatGPT, which raises serious questions about originality, misinformation and plagiarism. Despite these concerns, AI is becoming ever more pervasive and… Read more »
Silicon Valley Bank, which catered to the tech industry for three decades, collapsed on March 10, 2023, after the Santa Clara, California-based lender suffered from an old-fashioned bank run. State regulators seized the bank and made the Federal Deposit Insurance Corporation its receiver. SVB, as it’s known, was the biggest U.S. lender to fail since… Read more »
The current housing crisis has renewed debates about how to regulate short-term rental platforms such as Airbnb. The international research on the impact of these rentals is clear: when landlords “host” tourists rather than residents, housing supply is depleted, rents rise and neighbourhoods change. Given Australia’s dire shortage of rental housing, restricting short-term rentals seems… Read more »
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Smart hotels get even smarter: 72 Byte to launch in Australia with AI expert backing 
Eucalyptus head of growth Matt Rossi departs to launch his own marketing startup, Oodle 
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