The Week in NextTech: Round-Up 17/03/23

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In today’s news:

  • On this day
  • 2 AI Truths and a Lie
  • GPT-4 March 2023 Release
  • Is your Job Going to be Taken Over by AI? Find Out Here!
  • NextTech Mergers, Funding, and Acquisitions
  • Latest NextTech reads from LXA Stories

This week's NextTech news is entering the Matrix.

Action film legend Keanu Reeves has announced his fear of exactly what made him famous - a science fiction future.

DALL·E 2023-03-16 14.27.28 - keanu reeves fightinng a robot, geometric style

So, clearly, he's an authority on all things AI. Ahead of the release of his upcoming film, Reeves gave his prediction of how journalism will look in this landscape. 

While asking his interviewer if she thought she'd be conducting this role in the future, she answered that she wasn't worried about it happening in her lifetime. His ominous response?

"Oh no, you should be worried about that happening next month." 😱

🤫 One AI Project and Two Lies

Play along at home. Out of these three wacky AI projects, two are fake, and one is real. So, which of these new AI projects is unreal, and which is ugh, for real?! (Check at the bottom of the newsletter for the reveal!)

Beer-lieve Your Eyes

AI is helping in predicting the taste that consumers want and is promoting the favourites. As a result, the company in London has launched four beers - amber, black, golden, and pale.

Tell Me a Cocktail

Using the popularity of thousands of recipes, an AI has created the “perfect” cocktail. Testers say the drink is “fruity”, “smokey”, and “weirdly alien”.

Is That Ale You Got?

An AI has been used to generate quirky craft ale names. The bot came up with the winning suggestion “The Cranky Wizards Beard”, which will be featured in shops from next year.

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📰 The Big News: GPT-4 March 2023 Release

The game-changing language model GPT's latest iteration was revealed on Tuesday. 

GPT-4 has been confirmed as a multimodal model, which means it can process different types of input, such as video, images, and sounds. 

Multimodal means just that; the AI will have the ability to function in multiple modes as listed above. 

It is a relatively new development which combines different AI techniques such as natural language processing, computer vision, and machine learning. 

These abilities will make the technology more human-like in its responses and upping the response time. 

OpenAI said the distinction between GPT-4 and its predecessor GPT-3.5 is “subtle” in casual conversation, but that the differences become apparent when faced with more complex tasks.


“I think we’ll get multimodal models in not that much longer, and that’ll open up new things.

I think people are doing amazing work with agents that can use computers to do things for you, use programs and this idea of a language interface where you say a natural language – what you want in this kind of dialogue back and forth.

You can iterate and refine it, and the computer just does it for you."

- Sam Altman, CEO, OpenAI



Copy of Copy of CRO-1



📰 Is your job going to be taken over by AI? Find out here!

Researchers found that the top industries and occupations exposed to AI advances are in teaching and finance.

The top at-risk occupations include telemarketers and post-secondary teachers in English language and literature, foreign language and literature, and history. The top industries at risk are legal services and securities, commodities, and investments.

The researchers mapped ten areas in which AI was advancing, such as image recognition, speech recognition, and language modelling, to 52 abilities used in over 800 occupations.

They cross-referenced this data with information from the US Department of Labor's O*NET to examine the "importance and prevalence" of each ability. The result was the AI Occupational Exposure score or AIOE. The higher your AIOE, the greater the chance your industry will be taken over by automation.

So, to telemarketers, English lit teachers, and securities traders, be warned! AI is coming for your job. While acknowledging the benefits of AI, we must also be aware of the potential downsides and prepare for the changes that lie ahead

DALL·E 2023-03-16 15.08.22 - a robot teacher, in a geometic vector style


Dall.e prompt: a robot teacher, in a geometric vector style

This Week in Numbers 


PwC is partnering with Harvey's AI chatbot to support 4,000 of its lawyers in over 100 countries


  An AI virtual anchor went live on the Chinese media platform People's Daily. The hashtag went viral on Weibo, garnering 76 million views


In 2022, Americans potentially lost $10.2B+ to cyber incidents, up from $6.9B in 2021, across 800k+ internet crime complaints.

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💰Graph Of The Week

With GPT-1, GPT-2 and other models in the field, the number of parameters increased rapidly over time. By 2020, GPT-3 model complexity reached 175 billion parameters, dwarfing its competitors in comparison.

Image shows how GPT-3 has a greater parameter analysis capacity then other giant NLP models.

✍️ NextTech Mergers, Funding, and Acquisitions

Who's making dough, who's laying low, and who's in a constant state of "Oh, God, no"? It's time to find out, with LXA's NextTech News Round. 

⚙️ Fog Works Launches Foggie Max, a Personal Web3 Server

⚙️ GPT-4 is Released

👥 Wemade announces Partnership with Space and Time

⚙️ Salesforce Taps Into NFTs

💰 Cathie Wood’s Ark Raises $16.3M

👥 Coinbase Announces Partnership With Standard Chartered


🗣️ Final Word

GPT-4 can tell jokes. Guess that puts me out of a job.

OpenAI's latest achievement is pretty darn impressive and certainly powerful. It can recognise objects in photographs, it can solve logic puzzles, and can even pass the bar exam. I, on the other hand, can only do one of these things. 

Plus, it's got some filters on it. This means the engine will try and prevent itself from giving answers to malicious or harmful questions. This is an attempt to prevent one of the biggest issues in AI tech today - bias. Watch this space. 

- Sarah O.

🤫 One AI Project and Two Lie Reveal:

Now, beer's the truth - the beer AI is real!

✒️ The Latest NextTech Reads from LXA

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