25: Llama 3, Y Combinator’s Winter 2024 Class, & AI and the Middle Class

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Welcome to the 25th episode! In this episode, Amith and Mallory cover the upcoming release of smaller versions of Meta's Llama 3 language model, the AI startups featured in Y Combinator's Winter 2024 class, and the potential impact of AI on the middle class.

Key Insights from this Episode:

✅ Meta plans to release smaller, more accessible versions of its Llama 3 language model to accelerate research and development in areas like conversational AI, code generation, and multimodal applications.

✅ The Y Combinator Winter 2024 class includes 157 AI startups, covering areas such as software development, customer service, biotechnology, and creative AI applications.

✅ Economist David Autor has changed his stance on AI's potential impact on the workforce, now arguing that generative AI could benefit the middle class by enabling a broader segment of the population to take on higher-skilled work.

✅ Associations should proactively engage with the impact of AI on their respective fields and help their members adapt to the changing landscape.

✅ The rapid pace of AI development can lead to significant disruption, and associations have a responsibility to help their members and industries navigate these changes.
Chapters:

00:00 Celebrating 25 Episodes of Innovation

02:35 Meta's Llama 3 Announcement

07:33 Forecasting the Future Frontrunners in the AI Model Race

15:13 The Potential of Personalized and Automated Content Creation

20:25 The Debate: Open vs. Closed Source AI Model Advancements

30:30 How Associations Can Help Their Members Adapt to AI Disruption

36:59 The Potential of Personalized Podcast Experiences

39:48 Human-made Content vs. AI-generated Content

42:41 AI's Potential Impact on the Middle Class

46:10 The Acceleration of Economic Growth through Technological Disruptions

49:17 Differing Perspectives on the Impact of Rapid AI Growth

This episode is brought to you by Sidecar's AI Learning Hub 🔗 https://sidecarglobal.com/ai-learning-hub. The AI Learning Hub blends self-paced learning with live expert interaction. It's designed for the busy association or nonprofit professional.

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More about Your Hosts:
Amith Nagarajan is the Chairman of Blue Cypress 🔗 https://BlueCypress.io, a family of purpose-driven companies and proud practitioners of Conscious Capitalism. The Blue Cypress companies focus on helping associations, non-profits, and other purpose-driven organizations achieve long-term success. Amith is also an active early-stage investor in B2B SaaS companies. He’s had the good fortune of nearly three decades of success as an entrepreneur and enjoys helping others in their journey.
📣 Follow Amith on LinkedIn:
https://linkedin.com/amithnagarajan
Mallory Mejias is the Manager at Sidecar, and she's passionate about creating opportunities for association professionals to learn, grow, and better serve their members using artificial intelligence. She enjoys blending creativity and innovation to produce fresh, meaningful content for the association space.
📣 Follow Mallory on Linkedin:
https://linkedin.com/mallorymejias

Chapters

1. AI Innovation in Associations (00:00:00)

2. Model Parameters and AI Evolution (00:03:56)

3. Exploring Small Models in AI (00:11:07)

4. AI Startups Revolutionizing Industries (00:21:48)

5. AI Impact on Middle Class Labor (00:36:12)

6. AI Impact on Middle Class Opportunity (00:43:27)