GPT-4 Is Here + The Group Chat Bank Run

<p>It’s acing standardized tests, building websites and hiring TaskRabbits — GPT-4 is “equal parts fascinating and terrifying.” OpenAI has released its latest model, alongside A.I. announcements from Meta, Google and other industry players. The A.I. arms race is only accelerating.</p><p>Then, what Silicon Valley Bank’s collapse means for the future of start-ups, and what Mark Zuckerberg has learned about layoffs</p><p><strong>Additional reading:</strong></p><ul><li>OpenAI <a href="https://www.nytimes.com/2023/03/14/technology/openai-gpt4-chatgpt.html" target="_blank">released ChatGPT-4</a>. It is <a href="https://www.nytimes.com/2023/03/15/technology/gpt-4-artificial-intelligence-openai.html" target="_blank">exciting and scary</a>.</li><li>With its release of GPT-4, OpenAI shared a <a href="https://cdn.openai.com/papers/gpt-4-system-card.pdf" target="_blank">system card</a> — a paper outlining how OpenAI tried to get GPT-4 to do dangerous things.</li><li>Silicon Valley Bank collapsed. <a href="https://www.nytimes.com/2023/03/14/podcasts/the-daily/silicon-valley-bank-failure-deposits-finance.html" target="_blank">“The Daily” explained how</a>.</li><li>In his newsletter, <a href="https://twitter.com/ByrneHobart/status/1628779894183272452?s=20" target="_blank">Byrne Hobart wrote a post</a> pointing out S.V.B.’s insolvency challenge.</li><li>S.V.B.’s collapse followed a <a href="https://www.nytimes.com/2023/03/13/business/signature-silicon-valley-bank-dodd-frank-regulation.html" target="_blank">deregulatory push</a> from its own Chief Executive.</li><li>Meta announced it planned to lay off about <a href="https://www.nytimes.com/2023/03/14/technology/meta-facebook-layoffs.html" target="_blank">10,000 employees</a>.</li></ul>