Lykken on Lending

Weekly AI Update with Pavan Agarwal: Sam Altman Admits Open AI "Totally Screwed Up"


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The AI revolution waits for no one. That's why mortgage industry veterans David Lickin and Pavan Agarwal are launching weekly AI updates to keep you ahead of the curve in this rapidly evolving technological landscape.


OpenAI's Sam Altman recently made headlines with a stunning admission that his company "totally screwed up" the ChatGPT launch, acknowledging the loss of personalization and warmth that made the AI assistant appealing to its 700 million weekly users. While demonstrating impressive capabilities like generating a Netflix-style interface from a simple prompt, deeper testing revealed competitors like Amazon's AI system still outperform OpenAI in critical areas like code generation.


The conversation takes a fascinating turn as Pavan explains why AI development fundamentally differs from traditional software engineering. "You can't scale by adding more engineers," he explains, drawing parallels to how Newton's simple F=ma equation revolutionized physics. In AI, mathematical breakthroughs from genius-level insights drive progress—not just throwing more resources at the problem. This mathematical foundation helps explain why Microsoft's CEO admits struggling to monetize AI while Oracle appears to be doubling down on the technology.


Trust remains the critical challenge for AI adoption. When even Sam Altman warns users not to fully trust ChatGPT's outputs, how can businesses build sustainable models around the technology? The answer may lie in specialized applications, as Pavan reveals with Angel AI's latest update that introduces predictive conversation capabilities, enabling the system to anticipate the next best question in a customer interaction—much like an experienced loan officer would naturally guide a conversation.


Want to experience these cutting-edge AI capabilities yourself? Try Angel AI's full version for free at askangelai.com and discover how artificial intelligence is transforming the mortgage industry. Subscribe now to stay informed with our weekly AI updates and never miss a beat in the rapidly evolving world of mortgage technology.

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Lykken on LendingBy David Lykken

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