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AI's Impact Unveiled: OpenAI Leads as Preferred AI Model Provider

From Groundbreaking 3D Printing to Strategic AI Partnerships: Key Developments in Construction and Technology

Author

James Garner
April 29, 2024

Graph of the Week

OpenAI is dominating as the preferred production AI model provider for businesses, indicating a trend towards leveraging stable, market-tested solutions. Google is a close second, with other providers like Llama and ANTHROPIC more common in trial phases, suggesting a cautious but exploratory approach to integrating AI into project management systems.

Quote of the Week

“In a world where ChatGPT and other AI apps can do many things humans once needed to do themselves or needed to hire other humans to do, the question of ‘how will I add value?’ becomes more relevant than ever.”

― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth, Business Essentials

Event of the Week

The PCG (Project Connect Group) Meetup in Manchester, happening on the 1st of May 2024, is an exciting free evening event for networking and learning. Attendees can enjoy beverages and food while connecting with speakers from the ACOSTE conference and expanding their professional networks​ (Eventbrite)​.

This Week's Big Thing in the Industry

BCIS has launched a significant partnership with Intelligent AI Limited at Lloyd's Lab, aimed at addressing the pervasive issue of underinsurance in commercial properties. This collaboration will introduce the Intelligent Rebuild Cost Platform, set to transform insurance practices by providing more accurate rebuild cost calculations, thus mitigating risk for insurers and property owners alike.

For more information, you can read the full article on BCIS's website: BCIS Launches Key Partnership.

What You Need to Know This Week

Ever wondered how Chat GPT works? - ChatGPT operates by processing input text through several steps: tokenising the input, converting tokens into numerical vectors (embeddings), and predicting the next token using a trained model with billions of weights. This process allows ChatGPT to generate text based on the context provided by the input and its training data. The system's engineering combines advanced machine learning techniques with vast data handling, enabling effective and human-like text generation.

For a detailed explanation, visit The Pragmatic Engineer.

AI in Construction and Project Delivery

  • The University of Maine has debuted a groundbreaking polymer 3D printer, the largest globally, capable of crafting full-sized houses and potentially revolutionising affordable housing and disaster recovery. Read more about the printer

  • Dive into how structured data is pivotal in enhancing machine learning and predictive analytics, exploring the transformative potential and silent challenges within the technology. Explore the role of structured data

  • Check out this Building Magazine opinion piece - As artificial intelligence weaves into our daily fabric, it stands poised to fundamentally transform the construction industry. Professionals must evolve to harness these innovations effectively. Learn more about AI in construction

  • Generative AI (GenAI) is set to significantly impact the labor market, reshaping roles and enhancing productivity. It offers new opportunities, but also presents risks of job displacement. Its influence will be ubiquitous but will vary by sector and occupation, with higher-wage jobs seeing more AI exposure. The technology is expected to augment jobs, automating repetitive tasks and allowing for more complex, creative work​ (EY US)​.

  • In his latest discussion on LinkedIn and Forbes, Bernard Marr explores the strategic advantages of adopting Agnostic AI within businesses. This approach helps companies avoid vendor lock-in, providing flexibility to choose between different AI models and platforms. By leveraging open-source technologies, businesses can reduce costs and maintain ownership of intellectual property.

Tech News

  • Microsoft and Alphabet have seen significant returns from their investments in artificial intelligence, as reflected in their latest financial reports. Microsoft reported a 17% increase in revenue to $61.9 billion, with profits up to $21.9 billion, attributed to their AI-driven products like Azure. Alphabet also saw a revenue increase to $80.5 billion, with profits rising to $23.7 billion, driven by AI enhancements in Google Search and Google Cloud. Despite their successes, Meta's similar AI investments led to a stock price drop, illustrating varied investor reactions to AI strategies.

  • Microsoft  has introduced Phi-3, a new suite of AI models offering superior performance, especially in language and reasoning tasks, to streamline and enhance AI application development​ (Microsoft Azure)​

  • Apple has developed a novel method for running large language models (LLMs) efficiently on iPhones, enhancing on-device AI capabilities without relying on cloud servers​ (MacRumors)​.

  • Microsoft's VASA-1 creates realistic, lifelike talking faces from a single image and audio clip, marking significant progress in audio-driven facial animation technology. For a detailed look, visit the Microsoft Research page.

  • The AI-powered Rabbit R1 has garnered attention with positive early reviews despite its limitations. With a unique design, the device is fun but lacks some basic functionalities like sending emails. It shows promise and appeal for early adopters.

  • Elon Musk's AI venture, xAI, is set to secure $6 billion in funding, valuing it at $18 billion. Key to xAI's advantage is unique data access via Musk's ownership of X (formerly Twitter), attracting major investors like Sequoia Capital and Future Ventures.

  • Meta's Ray-Ban smart glasses have been upgraded with AI capabilities like multimodal search, but issues with accuracy and usefulness raise concerns about deploying such tech too hastily​ (Engadget)​.

  • Moderna has integrated ChatGPT Enterprise across its functions, enhancing operational efficiency and propelling drug development. This strategic move aids in launching multiple new mRNA products, reflecting Moderna's technological forward-thinking in the healthcare sector. OpenAI's Customer Story on Moderna.

AI Security News

  • A study by Democracy Reporting International found that AI chatbots, including Google's Gemini, often provided inaccurate information about European elections, leading to concerns about their reliability. Google has since tightened controls on its model, and Microsoft has committed to offering verified election information, highlighting ongoing challenges in managing AI-driven misinformation during critical electoral periods.

  • The FCC just voted to restore net neutrality, which is designed to ensure that websites and apps have equal access to the global internet.

  • The US House has approved legislation aimed at removing TikTok from domestic app stores unless ByteDance divests it.

  • Microsoft has developed a tool that can create a realistic video from a single photo and voice clip, though it remains unreleased due to potential risks.

New Tools in Tech

AI Tool Plaforms

  1. Futurepedia AI Innovations: This platform l showcases a variety of AI tools and innovations, potentially including resources for developers and businesses to integrate AI into their operations or to explore new AI technologies. You can explore more about these innovations here.

  2. GenAI Works: This site serves as a hub for AI-powered tools and solutions, tailored for specific industries or functions such as content creation, marketing, or business operations. More information about their offerings can be found here.

Podcasts: Must-Subscribe List

Episode 4 of the Project Flux Podcast delves into AI's transformative role in the construction industry with guest Andrew Knight from RICS. Discussions include AI-driven sustainability initiatives, the application of parametric AI in preconstruction, and the impact of Meta's open-source LLM, Meta Llama 3. The episode also touches on the intense competition among big tech firms to secure valuable data

Meet Project Flux: About Us

At Project Flux, we're committed to pioneering the future of construction and project delivery through the lens of cutting-edge Artificial Intelligence insights. Our vision is to be at the forefront of integrating AI into the fabric of project delivery, transforming how projects are conceptualised, planned, and executed.

About James Garner James Garner is the driving force behind Project Flux. With his extensive experience in the field and a track record recognised by Data IQ 100 in 2023, James combines his expertise in data and project delivery with a passion for AI in project delivery.

Our Mission Project Flux aims to not only inform and educate but also to inspire professionals in the construction industry to embrace the transformative potential of AI. We believe in the power of AI to revolutionise project delivery, making it more efficient, predictive, and adaptable to the dynamic demands of the modern world.

What We Offer Through our insightful newsletters, podcasts and curated content on LinkedIn, and engaging discussions, Project Flux serves as a resource for professionals seeking to stay ahead in their field. We offer a blend of practical advice, thought leadership, and the latest developments in AI and construction technology.

Connect with us on LinkedIn and subscribe to our newsletter for regular updates. Together, let's shape the future of construction and project delivery!