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🤯 New OpenAI Google Search Competitor

Company said to launch AI-powered search product soon

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Hey Waivly Crew! 🌊 In today’s edition, we talk Jack Dorsey claiming Bluesky Is repeating Twitter’s mistakes, OpenAI’s plans to announce a Google search competitor, and much more. Let’s dive in!

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Cardano founder says Joe Biden is trying to 'kill crypto'

Cardano founder Charles Hoskinson has criticized President Biden, accusing his administration of deliberately harming the U.S. cryptocurrency industry. In a May 9 video on X, Hoskinson emphasized the Biden administration's efforts to impede crypto growth.

He highlighted various obstacles faced by the industry, including restricted bank access and SEC policies, blaming the government for hindering progress. Hoskinson's remarks followed President Biden's stance against legislation overturning SEC guidelines discouraging banks from holding crypto assets.

Furthermore, he criticized the SEC for using outdated regulations in regulating new asset classes. Hoskinson pointed out favorable jurisdictions like Switzerland and Singapore, suggesting that the U.S. could have attracted significant investment if its crypto policy had been more reasonable.

Jack Dorsey fears Bluesky is repeating Twitter’s mistakes

Jack Dorsey has elaborated on his departure from the board of Bluesky and his decision to delete his Twitter account. Speaking to Mike Solana of Founders Fund, Dorsey criticized Bluesky for replicating the same mistakes he made at Twitter.

He emphasized two key concerns: his original vision for Bluesky was for it to be a protocol utilized by Twitter, not an independent entity, and he disapproved of Bluesky's implementation of content moderation, including user bans.

Dorsey also disclosed his financial support for Nostr, a decentralized Twitter-like platform, citing its alignment with principles of censorship resistance and free speech. Despite acknowledging its early stage and usability challenges, he advocated for utilizing technologies that uphold these principles and safeguard individual rights.

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The Waves

🔒 Microsoft creates top secret AI tool for US spies

💼 Dropbox Founder Drew Houston: “Nobody’s born a CEO”

👀 John Ternus could be the next CEO of Apple

🎥 Bluesky will soon add DMs and videos

Discover more Waves in the Waivly Community. Click here to get onboard! 🌊

AI Special

OpenAI is set to announce its AI-powered search product on Monday, Reuters reports. The unveiling marks a significant move in its rivalry with Google, with Microsoft-backed OpenAI aiming to compete with both Google and Perplexity, an AI startup. The announcement may strategically precede Google's annual I/O conference, expected to introduce numerous AI-related products.

The search product extends OpenAI's ChatGPT, enabling direct web information retrieval with citations. ChatGPT, known for its human-like responses, has struggled with real-time web data accuracy. OpenAI previously integrated ChatGPT with Microsoft's Bing for paid users, while Google introduced generative AI features.

Perplexity, founded by a former OpenAI researcher, boasts a $1 billion valuation and 10 million monthly users. Its AI-centric search interface includes citations, images, and text responses.

TikTok is enhancing its ability to detect AI-generated content by introducing support for content credentials, acting as digital watermarks indicating the use of generative AI. These labels aim to enforce disclosure rules for such content, even when creators employ third-party AI tools.

Functioning as a "nutrition label for digital content," content credentials provide tamper-evident metadata tracing the image's origins and AI tools involved. While TikTok leads in adopting these credentials, widespread adoption may take time as other major companies begin supporting the technology.

However, relying solely on metadata isn't foolproof, as it can be easily removed or ignored. To combat this, TikTok is partnering with organizations like MediaWise and Witness to educate users about content labels and potential misinformation in AI-generated content.

Waivly Work Highlights

👩‍💻 Director of Product, Ecosystem at OP Labs

👩‍💻 SR Product Owner (Salesforce) at ília

👩‍💻 Sr. Software Engineer at Trail of Bits

👩‍💻 Account Manager at Atlas Assistants

That wraps up today’s newsletter

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