The Wheat from the Chaff #13

This week, we're going to talk about Google's "Kodak moment." Our guest this week may be unfamiliar to you, but their project is making a significant impact in the field of artificial intelligence.

As part of my job, every week I read a lot of content about data, technology, and artificial intelligence (also known as AI). I filter them and send you the best ones, every Sunday.

Hello everyone 👋 ,

This week, we're going to talk about Google's "Kodak moment." Our guest this week may be unfamiliar to you, but their project is making a significant impact in the field of artificial intelligence. Let’s get into it!

It's time to separate THE WHEAT FROM THE CHAFF…

Less is More

The market is highly dynamic, and as a result, there are inflection points where "established" business models are put to the test. Throughout history, we can cite examples like Kodak, Nokia, and Blockbuster.

Kodak, for instance, was a global leader in photography before filing for bankruptcy in 2012 due to its failure to quickly adapt to the changes brought by digital photography. Today, we see the race for leadership in artificial intelligence (AI) unleashing disputes among technology giants such as Google, Microsoft, Apple, and Amazon. This competition has the potential to redefine the technological landscape and lead some of these companies to face their own "Kodak moments."

To give you an idea, in the late 1970s, Kodak held 90% of the film sales and 85% of the camera sales in the United States, along with billions in profits and 100,000 employees. Its golden age occurred in the three decades following its foundation when it became a major corporation and invested in research and development. In 1935, Kodak introduced Kodachrome, its first mass-market color film. In the 1960s, it supplied films and cameras that captured the first images of Earth from satellites and the first images of humans on the moon.

There are many factors that led Kodak (and other companies) to go from an innovative company to bankruptcy, but certainly the speed of adaptation and underestimating new technologies should be part of the list. Therefore, the term "Kodak moment" is used to describe the difficulty of predicting future trends and adapting to new scenarios.

However, you may be wondering if you're reading the right newsletter: what does Kodak have to do with this? Don't worry, I'll explain. This week, the headline of an article from CNBC caught my attention; it translates to "Google faced a 'Kodak moment' last year as Microsoft takes the lead in AI, strategist claims."

Many may remember the anecdotes related to Microsoft and its products, and now it is leading the race in AI. On the other hand, there's Google, a highly innovative company with some of the brightest minds in the world and possessing one-third of the top 100 most cited AI papers.

According to the text, "In 2022, Google had a Kodak moment. It possessed the leading product but set it aside out of fear that it could cannibalize its main business. Now, its main business is under enormous threat," stated Mewawalla. The author suggests that Microsoft has surpassed Google in artificial intelligence (AI) by investing in OpenAI, the company responsible for ChatGPT. Microsoft is now leading the race in AI, while Google, which acquired DeepMind in 2014, has fallen behind. Recently, Alphabet, Google's parent company, merged the Google Brain team with DeepMind to concentrate efforts on AI. However, Mewawalla believes this move came too late and compares Google's situation to a "Kodak moment," where a company fails to predict future trends. In response, Google has launched the Bard AI chatbot and plans to integrate it into its search products in the future. Analysts believe that Google did not implement its AI technology into products quickly enough, unlike Microsoft. Nevertheless, some analysts view Alphabet's investments in AI as a long-term advantage.

I used all of this context and stories to share that we are privileged to witness a window of opportunity in which stories will be rewritten and new leaders will emerge. In the coming months and years, we will see many "traditional" models face their Kodak moments and new companies emerge. The era of AI is just beginning!

Enhancing our humanity with AI

ADHD is a disorder characterized by attention deficit and hyperactivity, and it affects a significant percentage of the global population, with an estimated 5% to 8% of people being affected by it. Individuals with ADHD may struggle to maintain focus on tasks, follow instructions, and organize themselves, in addition to displaying impulsive and restless behaviors.

A recent study conducted by RCSI University of Medicine and Health Sciences used artificial intelligence to identify early signs that can help assess the risk of ADHD in childhood. The researchers examined data from nearly 10,000 children in the United States and found that information available at the time of birth, such as the baby's gender, parents' age, and potential complications during pregnancy, can help predict the extent of ADHD symptoms in childhood.

Through the use of machine learning techniques and statistics, the researchers identified 17 factors out of a total of 40 that are particularly strong in predicting the number of ADHD symptoms in childhood. This discovery can be valuable in identifying children at risk of developing ADHD and allowing for early interventions to minimize their symptoms and improve their quality of life.

Interesting topics in Brazil:

  • 🔗 Link: Your company can also have access to the benefits of artificial intelligence in a simple way.

    🔗 Link: Congress is preparing to regulate the use of Artificial Intelligence.

Trending topics Global:

  • 🔗 Link: Centralized or decentralized data? Understand this movement better.

    🔗 Link: Developing a Cloud Migration Strategy.

Guest of the Week: Toran Bruce Richards

We always bring well-known or famous people here in this section. However, not always in the front line, many characters are fundamental to the story. This is the case of Scottish Toran Bruce Richards, the creator of AutoGPT (edition #12) released on March 30, 2023. Toran is the founder of a video game company called Significant Gravitas Ltd. As we mentioned in our last edition, this project allows the creation of autonomous agents that can perform various tasks without human intervention until they reach a defined ultimate goal.

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