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Is AI is creating more jobs than it kills? Depends on your industry.

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wellfound.com

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Fri, May 5, 2023 08:00 AM

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AI matchmaking for antidepressants, a couple exchanges ‘smart’ rings and the top 5 enterpr

AI matchmaking for antidepressants, a couple exchanges ‘smart’ rings and the top 5 enterprise software companies hiring now. [view entire message]( Quick Hits AI in the (White) house: Head honchos of Google, Microsoft, and Microsoft-backed OpenAI [talk AI ethics with VP Kamala Harris]( at the White House today. Frenemy alliance: Apple and Google team up to thwart [unwanted Bluetooth tracking]( from devices that help find lost keys and luggage. New love symbol: A Czech couple [exchanged smart rings]( at their wedding, allowing them to see—and feel—each other’s heartbeat. Upgrade your VC lingo: [LTV:CAC]( ratios are so 2022; they’re no longer the “holy grail” of efficiency measurement for founders and VCs, according to some experts. Lost in space: Japanese space company iSpace searches for a [missing robotic spacecraft]( after failing to nail a moon landing. Hail? yes: Uber’s revenues are up 30% percent thanks to new services and the return of [ride-hailing](. ‘It’s as if aliens had landed’ The [Godfather of AI]( says AI is getting scary. The new generation of large language models (LLMs) like OpenAI’s GPT-4, are a lot more advanced than Geoffrey Hinton had imagined. “These things are totally different from us,” he told [MIT Technology Review](. “Sometimes I think it’s as if aliens had landed and people haven’t realized because they speak very good English.” Hinton waited until his retirement from Google to make his concerns public. AI as antidepressant matchmaker A six-year-old company out of Tel Aviv is touting the promise of personalized medicine for fighting depression. The company, Genetika+, plans to emerge from stealth mode next year to introduce AI that [matches patients with the antidepressants](. Tech founders want to live forever Scientists estimate that lifestyle is responsible for about [93% of a person's longevity](. That gives plenty of hope to tech titans like Sam Altman who are investing handsome sums in age-defying tech and research. Entrepreneur Bryan Johnson spends millions trying to reduce his own biological age. He converted his bedroom into a mini research clinic, where he pops dozens of pills daily and exercises strapped to monitoring equipment searching for clues. No-ChatGPT-chat history is history Bowing to pressure from regulators, open source competitors, and, perhaps, their own common sense, OpenAI now allows you to [keep your ChatGPT convos private]( you can’t hold onto them for future use. The company says it created team to tackle data management and security and intends to and give researchers more direct access to its raw data sources. Is AI creating more jobs than it kills? The debate is raging in nearly every corner of every industry: Will AI be more helpful than harmful? AI is likely to [create more jobs than it eliminates]( according to German Labor Minister Hubertus Heil, who cites the automotive industry as an example. On the other hand, IBM’s CEO says [AI could replace upwards of 8k jobs]( at the company. Even the most optimistic seem to agree that it’s important to prevent bias in training data and the need to ensure that workers have the necessary skills to succeed in a shifting economy. Want late-night TV? Pay writers more The impact of video streaming services on Hollywood bottom lines is on full display as over 10k members of the Writers Guild of America strike for the first time in 15 years. They’re demanding greater pay and job security, citing the reduction of both since streaming came into vogue. For now [late-night TV]( is on ice. Tech workers are paid to innovate Tech workers earn an average of 85% more than workers in other industries. This can be attributed to the high demand for skilled workers in tech, as well as the industry's focus on innovation and productivity. As the demand for technology continues to grow, it's likely that the wage gap between tech and other industries will only continue to widen. Tweet of the week Trending in Tech Top 5: Enterprise Software One thing that every company needs is enterprise software. Regardless of what direction the economy is heading in, that need is not going away any time soon. Startups disrupting the industry include [Forward Networks]( [Hiro]( [Wonolo]( [RevenueCat]( and [Panorama Education](. Top 5: Mobile Tech Mobile tech is one of the areas that’s seen super-charged growth following by super-charged growth. The latest example is unfolding in Canada, where the race is on to improve [satellite phone service](. Across the globe, entire regions are working to quickly expand their mobile capacities for everything from commerce to voting. Startups breaking into this industry include [OneSignal]( [Securly]( [Recharge Payments]( [Bolt]( and [Amplitude](. Top 5: Consumer Internet Since the 1990’s, consumer Internet has been a booming field and a staple of the modern world. Startups disrupting this industry include [Preply]( [ThoughtSpot]( [Neighbor]( [Athletic]( and [Madkudu](. What we're reading - How quantum computing could transform everything everywhere, but not all at once ([GeekWire]( - Why cities continue to have a love-hate affair with e-scooters ([CNBC]( - European regulators might require ChatGPT and other AI developers to reveal their sources ([Wall Street Journal]( - Tech company CEOs debate pros/cons of academics as founding team members at the TechCrunch Early Stage conference ([Techcrunch]( - Big Tech quarterly reports are in and it’s not as bad as some had feared ([Wall Street Journal]( Recently funded Lafayette, Colo.-based [Orbit Fab]( an orbital fuel supply startup, raised $28.5M led by Stride Capital. They’re hiring site engineers of all stripes, managers, and a COO. New York-based [Posh]( a startup that does financial infrastructure for live experiences, raised a $5M seed led by Companyon Ventures. They’re hiring growth analysts. Austin, Texas-based [Pattern Bioscience]( a healthtech that focuses on diagnostics related to antibiotic resistance, raised a $29M Series C led by Illumina Ventures. They’re hiring engineers, scientists, and inventory specialists. New York-based [CurbWaste]( a cloud-based waste management platform, raised another $4M in a round led by TTV Capital. They’re hiring sales development representatives. ✓ Startups hiring now Instabase Rethinking the way we use apps and the way those apps work together. [8 open roles]( WellSaid Labs Text-to-speech technology that creates life-like synthetic voice, from the voices of real people. [9 open roles]( ForwardThe number one operating system for a restaurant's online presence. Come change food. [9 open roles](   Help us spread the word: we'll pay you [$200]( for every friend you get hired through Wellfound! [Refer & Earn]( [Twitter]( [Instagram]( [LinkedIn]( Wellfound Weekly 228 Park Ave S, PMB 40533 New York, NY 10003 [Unsubscribe]( | [Update preferences](

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