Five Things AI: AI Market, Legaltech, Hollywood, Defense, AI as such

Everything you need to know about AI this week.

Heya and welcome back to Five Things AI!

Like every week, I could start this newsletter by writing: “it has been an exciting week in the world of AI!” - and it is true, just like every week. There are so many headlines out there that tell stories of huge investments into AI datacenters, of Big Tech poaching AI developers for millions of dollars, of companies firing people because of AI, of companies hiring people because of AI and obviously of governments trying to come up with AI regulation or AI investment strategies. Nobody wants to miss out right now. Except for those who sit on the sidelines and try to understand what’s happening and are waiting for the dust to settle. So let’s look at the state of the AI market - who’s coming out on top, who dominates which sector? Let’s also look at the way lawfirms are trying to make sense of what is happening right now, which means that they finally have to become more tech-savvy if they want to survive. Hollywood has always been tech-savvy and this next wave will certainly reshape the industry, but just how much is unclear at the moment. Defensetech is a hot topic in Europe right now and rightly so, especially since the war in Ukraine has led to lots of rapid prototyping and plenty of product re-iterations. At the end, we still have to understand that we all don’t know what exactly is going on in AI right now, we can only really speculate, and maybe hope for the best.

Enjoy!