Generative Artificial Intelligence Leads New Trends in the Freelance Market

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Published inAI News · 2 min read · Sep 11, 2023

The freelance market has seen a surge in popularity for AI experts in recent years. Freelancers in the tech sector, such as software engineers and designers, have long been successful in the freelance arena. However, the rise of generative AI is now bringing a boom of high-paying opportunities for freelancers. Data shows that from July 2021 to July 2023, the number of positions related to generative AI on freelance and professional platforms increased by nearly 250%. AI experts in the freelance sector have the opportunity to capitalize on the lack of AI skills among existing industry professionals across various economic fields. Learning AI skills will be crucial for the future freelance market, offering individuals career opportunities and competitive advantages.

Meta Aims to Slash $65 Billion AI Bill with Custom Chips, Seeking to Break Free from Nvidia?

Social media giant Meta is facing unprecedented AI infrastructure costs, with projected AI-related spending soaring to a staggering $65 billion, potentially contributing to a total annual expenditure of $119 billion! Faced with this astronomical bill, the tech giant has decided to develop its own AI chips, and has already made significant progress. Recent reports indicate that Meta is about to begin a small-scale deployment of its custom chips, signaling a gradual move away from Nvidia and its reliance on their GPUs.

Spain to Introduce New Law Imposing Heavy Fines for Unlabeled AI-Generated Content

The Spanish government has recently passed a new law imposing substantial fines on companies that fail to properly label AI-generated content, aiming to combat the spread of deepfakes. Digital Transformation Minister Oscar Lopez announced that the law, inspired by the EU's AI Act, mandates strict transparency requirements for AI systems deemed high-risk. Image caption: Image generated by AI, image licensing provider Midjourney. Lopez noted...

Generative AI in Trading Markets Projected to Reach $2.36 Billion by 2034

According to a recent report by Market.us, generative AI is experiencing rapid expansion in the trading market. The market size is projected to grow from $245.3 million in 2024 to $2.3587 billion in 2034, exhibiting a Compound Annual Growth Rate (CAGR) of 25.4%. This growth is primarily driven by the adoption of AI-driven trading strategies and advanced analytics. Image Note: Image generated by AI, image licensing provider Midjourney. In 2024, North America dominated the market.

Anthropic CEO: AI to Handle 90% of Coding in 3-6 Months

Dario Amodei, CEO of Anthropic, stated at a U.S. Council on Foreign Relations forum that he believes AI will handle 90% of coding within the next 3-6 months. Amodei's prediction that AI could potentially write nearly all code within 12 months has garnered significant attention. The statement was made during a discussion with Mike Froman, President of the Council on Foreign Relations.