Daily AI News: Llama 3, GPT-5, and Job Market Shake-Up!

Here's what you need to know in today's AI roundup 07/24/2024:

➡️ New AI Models Emerge:
- Llama 3 (45B): Meta's fully open-source model expected to release within a week.
- Llama 4: Fully multimodal model with audio capabilities, anticipated release in November/December 2024.
- GPT-5: Speculated to launch around the same time as Llama 4.

➡️ Platform Innovations:
- Grok AI: Rumors suggest potential integration of Midjourney image generation. Could offer cheaper Midjourney access with Grok subscription and unique UI capabilities.

➡️ AI Economics and Impact:
- 99% reduction in AI costs over two years, indicating rapid advancement and increased accessibility.
- McKinsey Global Institute estimates 30% of current US worker hours could be automated by 2030.
- Goldman Sachs predicts AI will disrupt approximately 300 million jobs globally by 2030.

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