DTN 011: OpenAI Says 80% of U.S. Jobs Will Be Impacted by GPT
Plus: A landmine hunting drone, Japan's geothermal opportunity, successful launch of the world's first 3D printed rocket, DeSantis and Cruz go after CBDCs, and more.
Welcome to The Deep Tech Newsletter, a weekly exploration of the business, science, and engineering behind the world’s most important frontier technologies.
The Big Picture
OpenAI Research Says 80% of U.S. Workers' Jobs Will Be Impacted by GPT
We investigate the potential implications of Generative Pre-trained Transformer (GPT) models and related technologies on the U.S. labor market. Using a new rubric, we assess occupations based on their correspondence with GPT capabilities, incorporating both human expertise and classifications from GPT-4. Our findings indicate that approximately 80% of the U.S. workforce could have at least 10% of their work tasks affected by the introduction of GPTs, while around 19% of workers may see at least 50% of their tasks impacted. The influence spans all wage levels, with higher-income jobs potentially facing greater exposure. Notably, the impact is not limited to industries with higher recent productivity growth.
I Saw the Face of God in a TSMC Semiconductor Factory
By revenue, TSMC is the largest semiconductor company in the world. In 2020 it quietly joined the world’s 10 most valuable companies. It’s now bigger than Meta and Exxon. The company also has the world’s biggest logic chip manufacturing capacity and produces, by one analysis, a staggering 92 percent of the world’s most avant-garde chips—the ones inside the nuclear weapons, planes, submarines, and hypersonic missiles on which the international balance of hard power is predicated Perhaps more to the point, TSMC makes a third of all the world’s silicon chips, notably the ones in iPhones and Macs. (WIRED)
Geothermal Power, Cheap and Clean, Could Help Run Japan. So Why Doesn’t It?
Japan, an archipelago thought to sit atop the third-largest geothermal resources of any country on earth, harnesses puzzlingly little of its geothermal wealth. It generates about 0.3 percent of its electricity from geothermal energy, a squandered opportunity, analysts say, for a resource-poor country that is in desperate need of new and cleaner ways of generating power. (New York Times)
Relativity Space’s first launch fails to reach orbit, but proves its 3D-printing rocket tech works
Relativity Space achieved a massively important milestone just before 11:30 PM ET on Wednesday, with the first ever flight of its 3D-printed rocket technology. Its Terran 1 rocket took off from Cape Canaveral in Florida, successfully clearing the pad and launch structure, and achieving ‘Max Q’ – or the point during the launch sequence at which the vehicle is under the most pressure in terms of atmospheric resistance and stress – and also succeeded at cutting off its main engines and separating its first stage as intended.
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Deep Tech News
This Affordable Device Will Let Anyone Connect Their Brain to a Computer
The genie escapes: Stanford copies the ChatGPT AI for less than $600
Crypto News
SushiSwap Subpoenaed by SEC, Proposes Legal Defense Fund to Sushi DAO
SEC investigating Coinbase for its Earn product, wallet service and exchange activity
Peer Review
Study hints at the promise of non-hallucinogenic LSD for treating mood disorders
We can only accurately identify AI writers about 50% of the time
Doubling a qubit's life, researchers prove a key theory of quantum physics
Scientists achieve 24.83% efficiency with 2D/3D heterojunction perovskite PV cell
Funding x M&A
DEEP TECH
Elemental aims to pump $43M into climate startups with ‘deep community impact’
MVision AI gains $5.8M funding to speed cancer treatment planning
DOE Awards $9M To 12 Projects To Advance Desalination Technologies
ABL Space Systems scores $60M for rapid response launch for defense customers
Cognito Therapeutics, a neurotech company focussed on Alzheimer’s Disease, raised a $73M Series B
CRYPTO
Seed Club Ventures emerges from stealth with $25M fund focused on DAOs
Turkish crypto exchange Metatime raises $11M in seed funding
Animoca Brands and Hex Trust’s joint wallet venture Gryfyn raises $7.5M
A16z leads $40M round for blockchain game set in Eve universe
Miscellanea
First book written with GPT-4? / The U.S. Military Is Missing Six Nuclear Weapons / SETI@home is in hibernation / Why Japanese Web Design Is So Different / Nuclear power plant leaked 1.5M litres of radioactive water / 8,000 People Globally Have the Same Number of Hairs on Their Head / Cesium-137 missing and found in junk yard in Thailand / Will Humans Ever Go Extinct? / A robotic beehive / Bitvana or the bitcaust / Powering electric airplanes with motorcycle motors / The Loneliest Pub in the Metaverse
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