Innovation Snapshot

“Success in innovation paradoxically increases the need for further innovation, making the task progressively more challenging. This creates a continuous cycle of innovation that organizations must navigate to maintain their competitive edge.”

— Gary P. Pisano, Economist & Professor, Harvard Business School.

In today's lineup:

🧑‍🤝‍🧑 People

• Ian Hogarth leads U.K.’s AI safety revolution.

• Mira Murati’s new AI venture set to disrupt the industry.

🤖 Robots

• Meta’s AI now grades other AIs.

• Latest Top Bytes compiled for you.

❤️ Love

• Create your Innovation Supercycle in 4 steps.

• Harvard’s FREE course on entrepreneurship in emerging economies.

Reading time: 4 min.

Innovation Champion 🏆

Ian Hogarth, Chair of the U.K.’s Frontier AI Taskforce

Ian Hogarth, a former tech entrepreneur and investor, was appointed as the head of the U.K.'s new AI safety initiative, the Frontier AI Taskforce, on June 2023.

Hogarth believes that while the U.K. cannot compete with the tech giants in terms of training AI models, it can still contribute meaningfully to safety research, which is less capital-intensive.

Former OpenAI Technology Chief Mira Murati to raise capital for new AI startup

Mira Murati is raising funds from venture capitalists for her new AI startup. The company aims to build AI products based on proprietary models. It could raise over $100 million given her reputation and for the capital needed.

The bigger picture: AI products based on proprietary models suggests a focus on developing unique and innovative solutions. This could lead to advancements in AI technology and applications.

ROBOTS 🤖

Meta releases AI model that can check other AI models' work

Meta released a new AI model called "Self-Taught Evaluator" that can assess the work of other AI models. It could lead to less human involvement in the AI development process.

A deeper look: Meta's progress in developing self-evaluating AI models could significantly potentially lead to more efficient and accurate AI systems.

Top Bytes ⚡

OpenAI plans to release its next big AI model by December

xAI, Elon Musk’s AI startup, launches an API

Anthropic’s latest AI update can use a computer on its own

IBM Advances Secure AI, Quantum Safe Technology with IBM Guardium Data Security Center

Microsoft introduces ‘AI employees’ that can handle client queries

Asana launches a no-code tool for designing AI agents - aka your new 'teammates'

Honeywell partners with Google to integrate data with generative AI

Meta AI on WhatsApp may soon serve as your personal assistant: Here’s how it will work

IBM doubles down on open source AI with new Granite 3.0 models

AI Solutions  💡

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Tool Spotlight 🔧

Highlight AI: simplify tasks with AI-powered assistance

Highlight, a newly independent AI assistant app, secured $10M in funding to enhance productivity by analyzing your screen, voice notes, or documents, and delivering real-time responses or automating tasks.

Learn more

LEAP Forward 🐸

4 steps to create an Innovation Supercycle

An Innovation Supercycle involves continuous cycles of innovation that build upon each other, leading to exponential growth and adaptability in an organization.

1. Start small: Initiate with manageable innovation projects using the LEAP framework.

2. Iterate rapidly: Implement short cycles to learn and adapt quickly.

3. Scale progressively: Build on each success to expand impact over time.

4. Embed culture: Foster a culture of continuous innovation and improvement.

More on accelerating innovation in The Leap Guide.

Personal Development 📚

Entrepreneurship in emerging economies by Harvard

Learn how entrepreneurship tackles complex social issues in fast-growing economies with this 6-week, self-paced course. Free to audit, $249 for a certificate.

What you'll gain:

• Spot entrepreneurial opportunities

• Evaluate business ventures in emerging markets

• Create solutions to social challenges

Enroll today!

Let’s transform the future together! 🚀

Accelerate your innovation journey with Future Works—reach out at [email protected] and let’s make it happen!

In Culture 🤌

THAT’S A WRAP!🚀

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