- Rapid Rundown
- Posts
- 🙈 ChatGPT stops spying
🙈 ChatGPT stops spying
Plus: ⚡️ Tesla become shockingly affordable, 🚫 No More Subscription Traps!
OpenAI's new privacy feature: Because AI doesn't need to know everything about you! 🤐
OpenAI is giving users more power over their data, which is great news for anyone who doesn't want their every chat to be used to train AI. With a new privacy feature in ChatGPT, users can turn off chat history and prevent their conversations from being used to improve models.
However, they won't be able to save those conversations for future reference, so make sure you have a good memory if you go this route. OpenAI will retain unsaved chats for 30 days to monitor for abuse before they're gone forever. This move is sure to appeal to users who value security over convenience.
The decision shows OpenAI wants to get ahead of regulation as regulatory bodies express concerns about AI. In recent weeks, regulators have expressed concern over OpenAI's models being trained on personal data without consent. OpenAI's move follows Microsoft CEO Satya Nadella's statement that building a trusted AI system will provide the company with a competitive advantage.
Rapid Rundown
🚀 OpenAI adds a privacy feature to ChatGPT to turn off chat history.
👀 Move comes amidst regulatory concerns about AI and personal data training.
Trick or treat! Elon Musk is handing out Model Ys like candy on Halloween!
In a shocking move, Tesla is starting an EV price war by slashing the price of its baseline SUV to below the average cost of a new vehicle. That’s right, you can now snag a Model Y for just $46,990, down from $52,630.
Just last summer, the Model Y cost nearly $20,000 more than the average car. But now it’s cheaper than ever! Musk wants more Teslas on the road and he’s willing to make them more affordable to achieve that goal.
The price war is just heating up, with Ford's CEO calling Tesla's price reductions "completely rational," and Renault's CEO admitting that they're facing a challenge. Even General Motors is bowing out, announcing that it will end production of its mass-market Chevrolet Bolt by the end of the year.
And if you're wondering how Tesla can afford to lower prices so dramatically, Tesla plans to sell Model Ys manufactured in its Shanghai factory to customers in Canada later this year. The Shanghai plant is Tesla’s most cost-efficient, with lower production costs and less competition.
Rapid Rundown
💰 Tesla cut the price of Model Y to below the average price of a new vehicle.
🔜 The move signals a price war in the EV race, with competitors like Ford and Renault reacting.
DMCC Bill: UK Government Fights Back Against Tech Giants' Annoying Business Models
Are you tired of being trapped in never-ending subscription services that drain your bank account? Do you find fake reviews and pressure-selling annoying? Well, you're not alone, and it seems some British lawmakers feel your pain. The new Digital Markets, Competition, and Consumers Bill (DMCC) promises to bite tech giants where it hurts, with potential fines of up to 10% of their annual revenue.
The UK government has struggled for years to rein in the likes of Facebook, Amazon, and Google, but the DMCC takes a more pragmatic approach. It focuses on low-level but pervasive frustrations experienced by online consumers, like the dreaded subscription trap. With a new division inside the competition watchdog, the bill would bring swifter and more decisive action against tech giants.
However, don't get too excited just yet. The DMCC would only apply to companies with an annual global revenue exceeding £25 billion or £1 billion of UK-based revenue. So, it seems the small fish can continue to swim free in their annoying tactics. Nevertheless, if the bill passes through Parliament, it's expected to go into force next year.
Rapid Rundown
📜 The UK’s new DMCC bill promises to fine tech giants up to 10% of their annual revenue for consumer frustrations like subscription traps.
🕰️ If passed, the bill is expected to go into force next year and would apply to companies with an annual global revenue exceeding £25 billion or £1 billion of UK-based revenue.
Tools & Apps
Covey Scout -- Your AI co-pilot to source best-fit candidates faster
Typogram -- DIY tool for logo and branding
Humalect -- Start deploying on Kubernetes in minutes in your own cloud
Namefinder.ai -- Free GPT-4 powered business & domain name generator
Recall -- Your personal encyclopedia
Sustaio -- Get paid to reduce your carbon footprint
Articles & Resources
AI-Generated Content is the New Floor — Exploring AI-generated writing and its potential.
Taxi mafias, cash vaults & 100% MoM growth: The story of SEA’s biggest startup — Interview with the co-founder of Gojek, Indonesia's biggest startup.
AI-enhanced development makes me more ambitious with my projects — Using AI to improve project development.
Inside the secret society of the world’s elite marketers — BlackGlass, a consultancy for CMOs.
How Linkedin Increased Notification Opt-in Rates by 500% — Examining the problem with most retention notifications and Linkedin's solution.