May 16 2023 41 mins 2
Join host Osama (https://twitter.com/osamasaket) and Walid (https://twitter.com/walidalbermani) in this captivating episode of the Why I Did It Show (#5), the episode discusses new startup ideas based on trends, with a focus on AI-based companies gaining traction. AI is seen as a useful tool that can bring value to everyone, but there is a call for regulation on AI. Governments are implementing AI to improve development processes, but there are concerns about AI's exponential growth and difficulty in keeping up with it. Australia hopes to make the country a hub for AI, and it is important to implement AI in every sector. The speakers also discuss the dangers of misinformation and the possibility of bias and bad outcomes if AI is monetized and controlled by companies like Microsoft. Martin Shkreli launches DrGupta.ai, an AI related to medicine, which is a subscription-based platform that costs $20 a month for unlimited messages and early access to new features. The legality of AI doctors is questionable, and the speakers are interested in watching the development of AI doctors and are curious if people would use them. The podcast also touches on the Elizabeth Holmes fraud case and the Hollywood industry losing relevance. Timestamps: 01:00 - AI-based companies gaining traction 02:11 - Comparison between crypto and AI 03:00 - Call for regulation on AI 04:03 - Governments jump on AI 05:57 - Australia's hope in making the country a hub for AI 07:14 - OpenAI lost its ethos of being open source and monetized 09:26 - Elon Musk's Truth GPT 14:23 - Should Microsoft monetize and control AI? 16:00 - Martin Shkreli launches Dr. Gupta.ai, an AI related to medicine 30:17 - Adrian Portelli: Young entrepreneur cranes a super car to his expensive apartment in Melbourne 32:03 - Elizabeth Holmes: former CEO of Theranos sentenced to prison for fraud 37:43 - Met Gala Madness & Hollywood
