AI Agents' Reliability in Question: Meta Outage, FTC Chair Exit, and More in the Tech World

OWITH.ai - Only What's Important to Hear around AI and Tech

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Leigh Marie Braswell from Kleiner Perkins believes that AI agents do not work reliably for the majority of use cases, citing self-driving cars as an example where human intervention is still needed. Other investors at the Fortune's Brainstorm AI conference expressed skepticism about the current capabilities of AI agents, noting that they may be consistent most of the time but still lack the final 5% needed for real-world applications. While some investors believe that AI agents will eventually replace human jobs, the timeline for this transition remains uncertain. Recent venture deals and acquisitions in the tech industry were also discussed.Transitioning to the next news, Meta experienced a global outage affecting popular communication services such as Facebook, Instagram, and WhatsApp. Lina Khan, the chair of the FTC, has exited her position and has been replaced by conservative commissioner Andrew Ferguson. Google has launched Gemini 2.0, an improved artificial intelligence model that can generate images and audio in multiple languages. Adobe's stock dropped after reporting lower-than-expected revenue forecasts. Apple has introduced new AI features in its latest operating system updates for iPhones, iPads, and Macs. In other news, NVIDIA lost an appeal to avoid a securities fraud lawsuit, Micron won a $6.2 billion federal award, and Meta donated $1 million to the Trump inaugural fund.Moving on to the next segment, the post-election Fortune/Deloitte CEO survey found that 84% of CEOs are optimistic about their company's performance in the next year, with nearly half also optimistic about the global economy and two-thirds seeing opportunity in AI. CEOs discussed themes of transformation, caution, and the need for reskilling workers in the face of technological advancements. "Wanted" posters targeting health care executives and a UK billionaire's opinion that CEOs are underpaid were also highlighted in the newsletter. Other topics discussed include the importance of reskilling workers before AI takes over their jobs, the implications of 24-hour stock trading, and the impact of return-to-office mandates on high performers. Additionally, there are insights from AI CEOs on building AI businesses and a profile of billionaire hedge fund exec and Mets owner Steve Cohen.Stay tuned for more updates on AI and tech world news.

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