Hey everybody, welcome back to the Elon Musk podcast.
This is a show where we discuss the critical crossroads, the
shape, SpaceX, Tesla X, The Boring Company and Neuralink.
I'm your host, Will Walden. So Elon Musk's X, formerly
Twitter, of course, is set to undergo a significant redesign.
They're going to be removing traditional interaction and
engagement buttons from users feeds.
It'll eliminate. The retweet.
Button and also the repost button, same thing.
The like button, reply buttons. And that's all going to be
removed from individual posts on your timeline, so users will no
longer see repost, like and reply counts on each post.
Instead, interactions will be handled differently, with users
needing to swipe left or right on a post to like a reply.
And for those using X on iOSA, forced touch on a post will open
a menu with more options, and the only visible metric
remaining on the post in the timeline will be the view count,
which has been relocated to the upper right corner of each post.
The redesign was first identified by Aaron Paris, who
is a researcher for Mac Rumors is later confirmed by Elon Musk.
Now, the majority of user feedback so far of this change
has been fairly negative. Many users have expressed
dissatisfaction with the removal of the familiar buttons, finding
the proposed swipe gestures kind of less intuitive.
Then, in response to a user criticizing the change, Elon
Musk defended the redesign, stating it's awesome, just swipe
left to like and right to reply. And despite Musk's enthusiasm,
the general reception remains kind of skeptical.
The planned redesign represents a substantial shift in how users
interact with content on X, and by eliminating traditional
engagement buttons, X aims to streamlines the interface,
though it risks alienating users accustomed to the current
layout. Now.
The change could also impact the way users perceive engagement on
their posts, with removal of visible like and repost counts
potentially affecting the overall user experience.
View counts will be the sole metric displayed, shifting the
focus to how many people have seen a post rather than how many
have interacted with it. Now.
For users, the new interaction methods may require a little
period of adjustment. Sweeping left or right to
interact with posts is a departure from the more
straightforward tapping of the buttons.
This could lead to a sort of the slight learning curve as users
adapt to the new system. And people will complain about
it and say they're going to be leaving X and they'll probably
stick around like normal as something changes like this.
When there's an interface change for any big social media
platform, there's always an outcry and XS decision to move
away from the visible engagement.
Metrics like likes and replies may also influence how content
is shared and consumed on the platform.
Without the immediate feedback of likes and reposts, users
might approach posting differently, potentially
altering the platform's dynamics.
Now, this redesign aligns with a broader trend in social media
towards more simplified and streamlined interfaces.
However, remains to be seen whether this specific change
will be embraced by XS user base or if it will drive users to
seek alternative platforms. The removal of engagement
buttons and counts could also impact content creators who rely
on these metrics to gain the popularity and reach of their
posts. For influencers and businesses,
this change might necessitate new strategies for measuring
engagement and success on the platform.
And as X prepares to roll out these changes, the developers
will likely need to monitor user feedback closely and be prepared
to make further adjustments based on how the new interaction
methods are received. The shift to swipe based
interactions could also pose challenges for accessibility.
Users with motor impairments or those who use assistive
technology is might find the new gestures more difficult to
perform. Raising concerns about
inclusivity And the redesign of X is part of a broader effort to
innovate and differentiate itself in social media.
And by experimenting with new ways of interacting with
content, X aims to stay relevant and appealing to users.
Though this comes with the risk of alienating the current user
base on X. And the reaction to the plan
changes shows the challenges of social media platforms when they
make significant alterations to user interfaces.
They have to balance innovation with user satisfaction, and it's
a difficult task. The success of such changes
often hinges on how well they're communicated and implemented.
But for now, users will need to prepare for a new way of
engaging with Posen X. Whether this will lead to a more
streamlined and enjoyable user experience or a decline in user
engagement, it all remains to be seen.
Also, we haven't seen a desktop version of X with a new
interface yet, because there's really no way to swipe left or
right on A. Desktop except for with your.
Mouse, I guess so. This is only going to be mobile
and Elon Musk is very confident about the redesign.
He's committed to it and he's going to see it through despite
the initial negative feedback. The long term impact of these
changes on user behavior and platform dynamics will be an
important area to watch in the future.
It's a notable departure from traditional social media
interaction methods, and by removing all of these buttons in
introducing swiping, X aims to create a more.
Streamlined experience Elon Musk has issued a warning to Bill
Gates and has threatened the Microsoft Co founder with severe
financial consequences if he continues betting against Tesla.
Now, Musk foresees a dramatic transformation for Tesla,
envisioning the carmaker becoming a colossal entity
valued at $30 trillion. This forecast hinges on Tesla's
successful shift from primarily selling electric vehicles to
managing a profitable fleet of robo taxis and humanoid robots.
Musk's ominous message to Gates was shared on social media,
where he stated once Tesla fully solves autonomy and has Optimus
in volume production, anyone still holding a short position
will be obliterated, even Gates. The animosity between the two
billionaires became public in 2022 when text messages revealed
Musk's refusal to support Gates's charitable efforts.
Due to Gates's significant short position against Tesla now, Musk
expressed his disapproval in a message saying.
Sorry, but I cannot take your philanthropy on climate change
seriously when you have a massive short position against
Tesla, the company doing the most to solve climate change.
By then, Gates had already begun regretting his pessimistic
stance on Tesla, though it's uncertain if he still maintains
that position despite Musk's strong warning.
It's a bold claim considering Tesla's recent struggles.
The company's vehicle sales have declined by 6.6% in the first
half of the year, and the highly anticipated Cybertruck has not
met expectations. Now, Tesla has abandoned its
ambitious target of increasing volumes from 1.8 million E VS
last year to 20 million by 2030. Nonetheless, Musk remains
undeterred by adversity. He has previously outlasted
other notable Tesla shorts like David Einhorn and Jim Chanos,
known for profiting from the collapses of Lehman Brothers and
Enron, respectively. Since April, Musk has been
working to stabilize Tesla's stock, beginning with hints of a
new Cyber Cab Robo taxi model, suggesting he might finally
achieve full autonomy. Additionally, Musk announced
that 2025 could see a resurgence in EV sales with the
introduction of new low cost models, potentially marking a
turn around for the stock. Concerns that Musk might resign
from Tesla over the loss of his 2018 compensation deal, valued
at $70 billion at the current stock price, were largely
dispelled when Vanguard and other significant investors
expressed their support for him last month.
On Tuesday, Tesla reported it had avoided a steeper decline in
Q2 vehicle sales by selling off excess inventory.
By reducing EV production to its lowest level since Q 3/20/22,
Tesla redirected surplus battery cells to its stationary energy
storage business, more than doubling its Q1 volume to an
unprecedented 9.4 GW hours deployed.
This move has added $100 billion to Tesla's market capitalization
over the past two days, currently trading at 70 times
next year's earnings. Tesla's valuation is high even
for a growth stock, especially one expected to see declines in
revenue and earnings in 2024. However, investors confident in
Musk's vision for robot butlers might view the current market
cap of $740 billion as a minor issue.
Musk envisions widespread adoption of robots, aiming for
one in every business and home, ultimately reaching a production
rate of 1 billion droids per year.
Musk plans to sell these Optimus robots at $20,000 each, despite
production costs being only $10,000, ensuring a 50% profit
margin per unit. This would result in annual
profits of $1 trillion, translating to a market cap of
$25 trillion. With a standard earnings
multiple of 25, adding $5 trillion for the future Robo
taxi fleet, Musk believes this presents a substantial value for
current investors. Critics argue that Musk's
projections are overly optimistic.
For instance, the market demand for such robots might not
parallel the demand for smartphones, which are
significantly cheaper cars. A more comparable product C
annual sales of about 100 million units.
Due to their higher price points, Chanos and others
contend that Musk's estimates imply a market cap approaching
1/3 of the world's total annual economic output, a highly
improbable scenario. Musk's previous prediction of
reaching 20 million EV sales by 20-30, which would surpass the
combined output of the two largest carmakers globally, was
based on replacing 1% of the two billion cars currently on the
road each year. This ambitious target was
quietly dropped well before the 20-30 deadline, highlighting the
need for Musk to produce more realistic projections moving
forward. In the meantime, Tesla's shares
surged by 10% on Tuesday, following better than expected
Q2 delivery numbers. The company delivered 404 Three
Sound 956 vehicles and produced 410,831 in Q2 2024, surpassing
analysts expectations of 439,000 deliveries.
Despite a 4.8% year over year decline in deliveries, this
represented a 14.8% increase from Q1.
Tesla groups its deliveries into two categories, Model 3 and
Model Y vehicles and all other vehicles, but does not report
numbers for specific models or regions.
Earlier this year, Tesla reported an 8.5% drop in Q1
deliveries, marking the 1st annual decline since 2020.
This was followed by a 13%. Year over year.
Revenue decrease for the quarter, mainly due to lower
average selling prices. Now.
The decline was partly due to temporary factory shutdowns in
response to an alleged arson attack at Tesla's German factory
and shipping delays from Red Sea conflicts.
Additionally, Tesla's aging vehicle lineup and increasing
competition, particularly from Chinese EV makers, have impacted
sales. A recent survey attributed part
of Tesla's brand erosion to CEO Musk's public behavior and
political statements. To boost sales, Tesla has
offered various incentives and discounts throughout the year.
In China, Tesla is offering zero interest loans to encourage
purchases of the Model 3 and Model Y by the end of July.
Tesla generated approximately $21.00 and $75 billion from
China in 2023, accounting for 22.5% of its total sales.
However, Wells Fargo analyst Colin Langan advised selling
Tesla shares, citing declining delivery growth driven by lower
demand and diminished return on price cuts.
Now, Wells Fargo anticipates a decrease in Tesla's automotive
gross margins, excluding environmental credits, due to
more price cuts and lower volumes.
Investors are now focusing on Tesla's Q2 earnings report later
this month and a marketing event in August, where the company
plans to unveil its design for a dedicated robotaxi or cyber cab.
While Tesla continues to explore new technologies and markets, it
faces stiff competition, especially in battery
production. LG Energy Solution aims to
commercialize a new dry coating technology by 2028, which could
significantly reduce production costs.
This innovation could position LG as a strong competitor to
Chinese battery manufacturers and potentially challenge
Tesla's market position. Tesla's stock surged over 6% on
Monday morning, extended gains that have driven the electric
vehicle manufacturer shares up by about 19% in the last month
now. The reasons?
Behind Tesla's continuing stock climb are multifaceted, with one
notable speculation. Linking.
The increase to Elon Musk's recent decision to follow Uber
founder on social media clinic, who left Uber in 2017, is known
for his role in developing a successful ride sharing platform
which aligns with Tesla's long. Term ambitions.
For its Robo Taxi platform. Now, Tesla plans to unveil its
Robo Taxi on August 8th of 2024, and Musk's connection to Colonic
has sparked theories that Tesla might benefit from the insights
or involvement with the platform, although this remains
very speculative. Now, beyond this, other factors
are contributing to Tesla stock gains.
Notably, the Chinese electric vehicle market has shown
substantial year over year growth, bolstering investor
confidence in Tesla's performance.
Chinese EV manufacturer BYD, which often matches Tesla's
delivery figures, reported 426,000 deliveries in the second
quarter. Now, this has led to speculation
that Tesla's Q2 delivery numbers might be similar.
Our analysts are divided on Tesla's quarterly performance.
While some expect a decrease from quarter 2/20/23, others
anticipate an increase from quarter 1/20/24, reflecting
mixed settlement on Wall Street. And the consensus among analysts
is that Tesla's Q2 deliveries will reach around 438,019
vehicles. Now this figure falls short of
the 1,000,000 vehicles some had hoped for in the first half of
the year. And Tesla's growth trajectory is
poised between its current production capabilities and the
potential of its next generation platform and robotaxi, which
could drive future growth. The company's ability to meet
its projected timelines for these initiatives is very
crucial as delays have been a challenge for Tesla in the past.
And also in related news, Elon Musk has been promoting the
development of AI chatbot Grok, which is expected to train on a
significant number of NVIDIA each 100 GPUs.
And Musk announced that Grok 3 would be something special after
training on 100,000 NVIDIA each 100 GPUs, each value between
30,000 and $40,000. While it's unclear how many of
these GPUs were purchased outright by Musk's companies,
there are possibilities of renting GPU compute from cloud
service providers. Reports indicate the Musk's XAI
startup was negotiating with Oracle to spend $10 billion over
multiple years on cloud servers, adding to the complexity of the
GPU strategy. And Musk's companies have a
history of acquiring NVIDIA H1 hundreds, with Tesla reportedly
diverting $500 million shipment of these chips to X, formerly
known as Twitter. Now, the training of Grok 3 on
100,000 GPUs is a significant increase from the 20,000 GPUs
used for Grok 2. And that's the scale of XAI.
Grok One and Grok 1.5 have been released, with Grok 2 expected
in August, followed by Grok 3 by the end of the year, according
to Musk. And the intense competition of
AI talent is evident as companies like Meta are also
heavily invested in NVIDIA 100 GPUs now.
Meta plans to purchase around 35 or 350,000 H 100 GPUs by the end
of 2024, indicating fierce rivalry in the AI development
territory. And the high demand for H100
GPUs has led to aggressive recruiting tactics as
illustrated by EI Started Perplexity CEO who noted the
challenge of hiring top talent from Meta and also another
development, Elon Musk praised NVIDIA CEO Jensen Wong for their
leadership style and his hands on approach of engagement with
employees. And Huang Co founded NVIDIA at a
Denny's restaurant in San Jose in 1993 and has guided the
company to its current status as a leading AI chip manufacturer.
And their personal story from dishwasher to CEO reflects his
commitment to hard work and his philosophy that no task is
beneath him, as highlighted in his recent interviews.
Now, Nvidia's impressive performance with year to date
return of about 151% places it at the forefront of the
magnificent 7A group of influential tech companies.
And the stockpiling of AI chips in the competition to secure top
AI talent is high stakes right now.
AI development race is happening and Tesla and Meta are pushing
the boundaries of that technology.
The United States Department of Justice is preparing to charge
Boeing with fraud, giving the aerospace giant a choice between
pleading guilty or facing a trial.
The decision must be made by the end of the week, according to
sources familiar with the situation.
The DOJ has also indicated that Boeing would need to pay a fine
and hire a corporate monitor if it chooses to plead guilty.
The DOJ informed families of victims of two fatal 737 Max
crashes and their attorneys about the impending charges
during a meeting on Sunday. These crashes, involving Lion
Air Flight 610 and Ethiopian Airlines Flight 302, resulted in
the deaths of 346 people. The DOJ, officials from the
Fraud Section and the US Attorney's Office for the
Northern District of Texas attended this meeting.
Both the DOJ and Boeing have declined to comment on the
situation. However, Bloomberg previously
reported that Boeing has been in discussions with the department
to resolve potential charges related to the crashes, which
are expected to include the appointment of a corporate
monitor. A guilty plea to criminal
charges would mark a significant downturn for Boeing, a company
historically known for its cautious and methodical
approach. Such a plea raises concerns
about Boeing's ability to secure future U.S. government
contracts, especially as its commercial airplane business
faces significant financial challenges.
The DOJ's move follows its determination that Boeing
violated a 2021 deferred prosecution agreement.
This agreement, made in the final days of the Trump
administration, allowed Boeing to avoid criminal prosecution by
meeting certain conditions, including the implementation of
an effective compliance program. However, in May, the DOJ
concluded that Boeing failed to meet the requirement for an
effective compliance program to prevent and detect violations of
US fraud laws. Boeing has contested this
finding, asserting that it has honored the terms of the
agreement. The breach announcement came
after a fuselage panel blew off a Boeing jet operated by Alaska
Airlines mid flight in January. Investigations revealed that the
plane was missing 4 bolts meant to secure a door plug, leading
to scrutiny over Boeing's manufacturing and quality
control processes. The Mid Air incident has since
caused significant turmoil for Boeing.
The company's shares have dropped by about a third this
year, and it is expected to burn through approximately $8 billion
in cash during the first half of this year due to a slowdown in
production following the incident.
In response to the January accident, the Federal Aviation
Administration FAA imposed restrictions on the production
of the 737 Max and required Boeing to submit a comprehensive
plan to address the quality issues at its factories.
This incident has intensified regulatory and legislative
scrutiny of Boeing. Concurrently, Boeing is
undergoing a leadership transition as it searches for a
new CEO to replace Dave Calhoun, who plans to step down later
this year. This leadership change comes at
a critical time as the company navigates these legal and
operational challenges. Under the 2021 deferred
prosecution agreement, Boeing paid a $243 million criminal
fine and admitted to deceiving the FAA about an important
feature of the 737 Max that affected the flight control
system. Boeing also committed to
improving its internal safety controls and submitting regular
reports to the DOJ. The recent developments,
including the door plug blowout and subsequent investigations,
have led the DOJ to consider revoking the deferred
prosecution agreement. This potential revocation could
have serious consequences for Boeing, leading to renewed
criminal charges. The DO JS offer of a plea deal
includes a fine of approximately 244 million hours, three years
of probation and oversight by an external monitor.
Paul Cassell, an attorney representing 15 families of
crash victims, has criticized the deal as a sweetheart deal
that fails to hold Boeing adequately accountable.
Castle has expressed strong objections to the plea deal,
stating the deal will not acknowledge in any way that
Boeing's crime killed 346 people.
It also appears to rest on the idea that Boeing did not harm
any victim. He emphasizes that the families
of the victims demand more justice than what the proposed
deal offers. Boeing has until the end of the
week to accept or reject the plea deal.
If the plea deal is accepted, U.S.
District Judge Reed O'Connor would be unable to increase
Boeing sentence or impose additional punishment for
conviction, according. To Cassell.
Boeing CEO Dave Calhoun faced intense questioning from from
set from senators earlier this month regarding the settlement
and other safety concerns during a Homeland Security subcommittee
hearing. During the hearing, Calhoun
apologized to the families of the crash victims, reaffirming
Boeing's commitment to safety and quality.
On the day following the hearing, families of crash
victims sent a letter to the DOJ urging federal prosecutors to
pursue aggressive criminal prosecution against Boeing.
They argue that the severity of Boeing's crime justifies a
maximum fine exceeding 24 billion, although they
acknowledge that some funds could be directed towards safety
improvements. The DO JS current offer to
Boeing has provoked anger and disappointment among the victims
families and their attorneys. Aaron Applebaum, another
attorney for the families, has criticized the proposal as
shameful and inadequate in recognizing the dignity of the
victims. Boeing's troubles were
compounded when, in January, a 737 Max 9 aircraft experienced a
door blowout mid flight, creating a hole in the side of
the plane and necessitating an emergency landing.
The FAA temporarily grounded Boeing and conducted an
investigation that revealed significant safety and
manufacturing issues at Boeing. Amid these ongoing challenges,
Boeing has reportedly agreed to acquire Spirit Aero Systems, a
key supplier, in a deal valued at over $4 billion.
This acquisition is seen as part of Boeing's efforts to stabilize
its supply chain and address production challenges.
The DO JS proposed plea deal and Boeing's response to it will be
closely monitored, as it holds significant implications for the
company's future operations and its relationship with federal
regulators. The outcome of the situation
will likely influence how Boeing navigates its ongoing legal and
operational hurdles. Welcome to AI Update, where we
explore the latest advancements in artificial intelligence with
insights into open AI. Google, Gemini, generative AI,
machine learning, and more. Now let's learn together.
I'm your host, Will Walden, the CEO of NVIDIA.
Jensen Wong believes that an effective leader must be willing
to put their hands in the dirt and get dirty.
Now, his leadership philosophy is deeply rooted in his early
experiences. He has a teenage busboy at
Denny's where he performed a variety of menial tasks
including washing dishes and cleaning toilets.
Now Wong who is the Co founder of NVIDIA.
A company that's worth 3. Point $1 trillion.
Imagine this. He's been in a Denny's booth
now. Despite his current net worth of
about $108 billion, Wong credits his humble beginnings for
shaping his approach to leadership.
In a March interview at the Stanford Graduate School of
Business, he said that no task is beneath him.
He reflected on his time as a dishwasher and also a toilet
cleaner. And he said that these
experiences instilled the sense of humility and a strong work
ethic in him. He told the students there.
I mean, I cleaned a lot of toilets.
I've cleaned more toilets than all of you combined.
And some of them you just can't Unsee.
And everybody laughed at that point.
And his willingness to take on any task, regardless of how
trivial, is a principle he carries into his role as the
CEO. His approach to leadership
involves a readiness to assist employees with any task if it
contributes to the company's success.
He said. If you send me something and you
want my input on it and I can be a service to you, and in my
review of it, share with you how I reasoned through it, I've made
a contribution to you. Which is a weird thing to say
for a leader. Most leaders are considered
day-to-day operate operators. They don't really mingle with
the with the masses, but he's a separate kind of fellow and he's
working well with his team. He's a team player there now,
known for his hands on management style.
He's often described by employees as demanding and also
a perfectionist. But he requests weekly updates
from employees on their top five tasks and personally engages
with them to provide feedback and guidance to move forward
with their careers. And a New Yorker profile
detailed Wong's practice of visiting employees desks to
discuss their projects. It's direct engagement.
It's part of his strategy to improve company performance and
help employees grow by sharing his thought processes and his
reasoning. He shared at Stanford again that
he finds personal fulfillment in teaching others how to approach
problems strategically, he said. I show people how to reason
through things all the time. Strategy things, how to forecast
something, how to break a problem down.
You're empowering people all over the place.
To manage his workload effectively, he aims to complete
his most complex tasks early in the day.
This allows him to remain available to his team throughout
the day, and he shared his practice during a commencement
speech at the California Institute of Technology.
But unlike many CEOs who limit their direct reports to a small
group, he prefers having around 50 direct reports.
He believes this structure reduces organizational layers
and facilitates better communication and decision
making within NVIDIA, he explained to CNBC.
Now they're having more direct. Reports.
Helps maintain a fluid flow of information within the company.
He believes that this approach enables him to lead more
effectively and support his employees success.
Now at Stanford, he articulated that the CE OS role is to
inspire, empower and support their employees.
He said those are the reasons why the management team exists
in service of all the other people that work at the company
now. Elon Musk, known for his own
rigorous work ethic and hands on leadership of Tesla and SpaceX,
praised him. Musk accommodation came after
watching a video clip discussing his early work experiences at
Denny's and he echoed the sentiment.
He said absolutely the right attitude.
He recounted his efforts during the COVID-19 pandemic to ensure
his factories and offices had sufficient toilet paper
highlighted a shared philosophy of handling menial tasks.
Personally, Musk has previously demonstrated his commitment to
understanding his employees challenges by sleeping on the
factory floor at Tesla, he explained in a 2018 interview.
The reason I slept on the floor was not because I couldn't go
across the road and be at a hotel, it was because I wanted
my circumstances to be worse than anyone else of the company.
Musk's. Admiration for a while may also
be tied to their intertwined business interests.
With Tesla's ambitions and self driving tech secured, an
Invidia's high-powered chips is critical, and Wang acknowledged
Tesla's leadership in autonomous vehicles, indicating a mutual
respect. And despite their occasional
disagreements, such as Musk's skepticism about the ease of
creating neural networks with NVIDIA chips, both leaders share
a relentless drive for progress. Now the CEO of Perplexity AI
highlighted this trait, using Musk as an example of overcoming
obstacles through determination and working hard to get things
done. But Huang's unconventional
management style, including avoiding unnecessary one-on-one
meetings, is designed to maintain agility and quick
information flow within his company of NVIDIA.
This approach has garnered approval from Musk and other
high level CE OS, and they reflect the shared commitment to
effective leadership. Now this philosophy that no task
is beneath the leader continues to guide his actions and inspire
employees his ability to show that he's still connected with
every level of the company and with every employee from direct.
Reports to frontline workers. Exemplifies his hands on
approach and his dedication to the company of NVIDIA.
So TikTok is preparing to introduce a new AI chat bot
named Genie to Western users based on a recent US trademark
filing. This development represents Tik
Tok's effort to enhance user interaction through artificial
intelligence, allowing users to post questions and receive
immediate responses. And in addition, TikTok has
started allowing creators to download their videos without a
watermark, simplifying content repurposing across phrase
platforms. Now, a report from Semaphore
said that TikTok has filed a trademark for the name Genie for
its upcoming AI chatbot tool. The chat bot is expected to
provide various functionalities including simulating
conversations, facilitating interactions between humans and
AI, and producing human like speech and text.
In May in the US, the viral video app filed the trademark
The Name. Genie.
For an AI chat bot software that will, among other functions,
simulate conversations, facilitate interaction and
communication between humans and AI, and produce human like
speech and text. Now Tiktok strategy involves
transforming the A into a central hub for all of its AI
functionalities, with the Genie chat bot acting as a connector
to different features within the A.
This move aims to integrate multiple AI tools into a single
user friendly interface. And the development of this chat
bot isn't new. In May of the previous year,
users in the Philippines had access to a chat bot named
Takeo. However, Takeo was primarily
designed to help users discover other videos within the app,
rather than addressing complex queries.
Now, the Genie chat bot is anticipated to be much more
advanced and incorporating a broader range of AI capabilities
within Tiktok itself. It's a significant upgrade to
Takeo, aiming to deliver a comprehensive AI experience.
Now the key feature for this could be conversations between
creators and also people that follow them.
So instead of just comments, imagine asking the creator a
question and the AI version of the creator would answer your
question right there. It takes a lot of time.
I do YouTube as well and it takes a lot of time to answer
every single question, every single comment.
Last video that I had had 512 comments on it.
There's no way I could answer every single one of those
comments. So an AI chat bot between the
users and also the content creators is going to be a
significant jump forward. Now, I can see in the future
that AI could take over from not just a chat bot, but something
like you ask the creator a question and in the creator's
voice, the chat bot answers you. And you might have to pay for
that. You might have to become a
premium member or something like that.
And that could be a future feature that people could be
using on Tiktok. And one key component of this
integration is the generative AI search function available in the
Chinese version of Tiktok too. The feature enhances discovery
both within and beyond the app, and Genie is expected to include
similar capabilities. The US patented Trademark Office
filing from May outlines that the chat bot will facilitate
interaction and communication between humans and AI, simulate
conversations and produce human like speech and text.
So the creator may record their voice and then repeat whatever
the chat bot says to the user to the end user.
It's a huge broad scope for this new tool, but Tiktok hasn't
commented on the specifics of Genie.
However, the company's well known AI powered algorithm
combined with this generative AI tool suggests that Genie will be
a robust addition to its suite of AI features.
Now more AI from Tiktok is coming.
They have tested AAI recommendation chat bot called
Takeo, of course, in the past, and the company has also been
using Open AI's code to develop its own large language models.
Earlier this month, TikTok revealed other new AI
capabilities for its advertising partners, including digital
avatars and AI dubbing. These enhancements reflect the
company's ongoing investment in AI technology to support various
functions within the app. So if you're an advertiser on
TikTok, you can make an AI avatar.
You never have to record anything yourself.
You don't need a studio. You just have AAI version of you
that does all the selling for you.
Now, the trademark filing for Genie suggests that the AI
initiatives at Tiktok are expanding.
The chatbot aims to offer more than just recommended searches.
And it's going to be more comprehensive.
And these advancements come a bit challenges right now,
including the potential for divestment from its parent
company, Bike Dance, or a ban in the US by early of 2025.
If Tiktok is banned, all this could be for no reason.
And the Biden administration has expressed concerns about
national security risks posed by Tiktok's Chinese ownership.
Tiktok is contesting these allegations, arguing that the
proposed actions are unconstitutional and violate
First Amendment rights. The legal battle shows that
there's broad tensions between TikTok, US regulators and China.
And in other TikTok news, introduce a new future that
allow creatures creators to download their videos without a
watermark. Kind of significant if they want
to share these videos across different platforms.
It's a welcome change by many users who have previously been
restricted from repurposing content because of the TikTok
watermark. And the absence of the watermark
makes it easier for creators to reuse short form clips across
different platforms. A screenshot from the app shows
a prompt asking users to choose between saving videos with or
without a watermark. Users can save watermark free
videos by selecting the save option during the upload
process. The update allows users to
repost their content on other platforms like Instagram,
Facebook also on YouTube, provided they share it on Tiktok
first. Ensures Tiktok continues to
receive user generated content first while enabling creators to
benefit from sharing across multiple social media channels.
Previously uploaded videos with watermarks on platforms like
Snap or Instagram often resulted in restrictions.
Similarly, YouTube might limit such content across its Shorts
platform. The new feature simplifies the
process of reposting content on different apps.
Now, Since the start of 2024, Tiktok has permitted users to
download clips without watermarks.
The recent change, which requires users to post on Tiktok
first, aims to prevent users from leveraging Tiktok's editing
tools exclusively for other platforms.
Expert experts suggest that the water free or watermark free
downloads could previously be achieved using the Cap Cut app,
Tiktok's video editing tool. However, the new feature
streamlines the process for those who prefer not to use
additional apps for editing. It's a simplified workflow for
creators. I'm a creator myself, so I would
love to be able to use one app's editing software, edit
everything and then use it everywhere.
It's kind of difficult. So what I usually end up doing
is creating something and import it into my computer.
I edit it there and then I can send it out to all the different
apps. So in addition to Genie, TikTok
launched a creative content suite named Symphony.
Powered by generative AI, the suite includes tools like
Symphony Assist, Symphony Creative Studio, Symphony
digital avatars and optimizations In TikTok Ads
Manager. The Symphony Creative Studio is
a notable feature. And also allows users to create
short clips from an existing asset or a product URL.
And the AI engine generates custom video previews,
simplifying the creative process for marketers and also for
content creators. These features also include the
ability to turn scripts into voiceovers that can be dubbed
into multiple language so we can reach the whole globe.
Videos created using this feature will be automatically
labeled as AI generated to maintain transparency.
Now, there's a little bit of related news here through Apple
and Google. Bloomberg reported that Apple
might integrate Google's Gemini chat bot into all of its
devices. So not only are you going to get
ChatGPT and Open AI, which Apple just announced, and also Apple
Intelligence, but you could get Google's AI Gemini, their chat
bot, on your iPhone. It would follow Apple's strategy
of enhancing its AI capabilities by collaborating with other tech
giants, and it'll be integrated right on the phone.
It's not a separate app. So Apple senior VP of Software
Engineering confirmed that Google Gemini would be
incorporated into the Apple Intelligent suite of AI
features. It's important for Apple to have
AI now. They have to compete with all
the other AI companies out there.
And considering that AI is going to take over all of the tech
world, they need to jump on board.
So having Gemini and ChatGPT is a significant move for Apple.
The AI enhanced Siri will prompt users to use ChatGPT or other AI
models like Gemini if they provide better responses to user
queries. Now, the integration aims to
improve the overall functionality and responsiveness
of Apple's virtual assistant. So Siri right now is very
limited. It sometimes it just doesn't
know what to do. You could ask it a question.
I ask my Siri questions all the time.
It has no idea what I'm talking about.
Or it tells me to go to the web to look at a, a web page.
And I just want an answer, you know, and I'm sure you do too.
You just want Siri to tell you what's up.
So sometimes, you know, Amazon's Alexa does the same thing.
And this is where Apple can pull ahead of Amazon in the device
category. Same with Google's assistants.
They do the same thing. They just, they might not know
what a thing is. So they'll just be like, here's
a web page and you're like, hey, I don't, I'm not near the
screen. You know, you'd use your home,
your Google Home. And it's like, hey, I'm not near
a screen. I can't go get that.
And so it'll send a text to you with a link and it's like, it's
just like 3 extra steps to do it.
I'd rather the device just say, oh, here I this is what I got
from Gemini. Here's what I got from ChatGPT.
Here's what I got from any other AI app out there, any other chat
bot. So make your own decision.
Which one do you want to use? And this is a really good move
from Apple. Instead of creating their own,
they're using and integrating other people's software like
they've done for a long time into their own software like
Google Maps. Think of that.
Google Maps is, you know, for for a while it was integrated
with iOS. Now they have Apple Maps, of
course, which not that good. Sometimes it's OK.
But Google Maps definitely my my maps of choice.
So think about it that way. The close garden of Apple is
becoming a little bit more open by including these other AI chat
bots and the advancements in AI here.
They require a certain Apple device, the iPhone 15 Pro or
newer can only access these features.
So that the reason for that is because they need processing
power that can handle the AI capabilities and functionality.
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