Technology
Instagram Edits topped 7M downloads in first week, a bigger launch than CapCut’s

Instagram Edits, Meta’s newly released video creation app, had a bigger debut than its direct competitor, ByteDance’s CapCut, once did. The new app, which today helps users craft videos for Instagram reels, stories, and other social posts, was downloaded an estimated 702,900 times on iOS devices during its first two days on the market. That’s around 37 times more downloads on iOS than CapCut saw in its first two days of availability, according to data from app intelligence provider Appfigures.
As of Thursday, Edits had grown to 1.2 million iOS downloads and 5.9 million downloads on Android, for a total of 7.1 million. By comparison, CapCut was downloaded only 83.5K times in its first three days on iOS and Android. To be fair, CapCut was only available in half the global markets at launch, but even if its numbers were doubled or tripled, Edits would be far ahead.
In the U.S. alone, Edits was downloaded 381,000 times in the first three days, while CapCut had been downloaded just 3,400 times during its U.S. debut. In this more direct comparison, Edits’ U.S. launch was 112x the size of CapCut’s.
Edits’ fast adoption also led to the app achieving a high ranking during its debut, Appfigures found, which could help boost its downloads further and increase competition. These numbers are also a demonstration of how powerful Meta’s network effects are when it comes to launching new apps that benefit from its wider social networking ecosystem.
The new Instagram companion app hit No. 1 on the U.S. iPhone App Store’s charts, including the Top Overall apps and Top Apps (minus games) on its first day, April 22. By day two, it dropped to No. 2 on both charts, then remained there, before falling to No. 3 by Friday.
Because the App Store tracks top apps by number of downloads and velocity of new installs, that’s left Edits currently ranking higher than CapCut, which was No. 14 Overall and No. 10 among top non-game apps on the U.S. App Store after its first three days on the market.
However, Edits still has a long way to go to catch up with CapCut’s overall user base. The ByteDance-owned app, popular with TikTok creators, launched in April 2020 and has since been downloaded on iOS and Android 1.22 billion times worldwide, excluding China.
So far, Edits has received a mixed reaction from creators, reports social media marketing consultant, Lia Haberman, in her recent newsletter. Many praised the app’s ease-of-use, built-in analytics, ad-free nature, support for 4K video, and watermark-free exports. Critics pointed out that Edits still lacked features provided by CapCut, including things like templates and a plethora of transition effects.
In time, Edits could still catch up to CapCut, but it could also then choose to add a paid tier as a means of monetization or introduce ads.

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Technology
Sam Altman’s goal for ChatGPT to remember ‘your whole life’ is both exciting and disturbing

OpenAI CEO Sam Altman laid out a big vision for the future of ChatGPT at an AI event hosted by VC firm Sequoia earlier this month.
When asked by one attendee about how ChatGPT can become more personalized, Altman replied that he eventually wants the model to document and remember everything in a person’s life.
The ideal, he said, is a “very tiny reasoning model with a trillion tokens of context that you put your whole life into.”
“This model can reason across your whole context and do it efficiently. And every conversation you’ve ever had in your life, every book you’ve ever read, every email you’ve ever read, everything you’ve ever looked at is in there, plus connected to all your data from other sources. And your life just keeps appending to the context,” he described.
“Your company just does the same thing for all your company’s data,” he added.
Altman may have some data-driven reason to think this is ChatGPT’s natural future. In that same discussion, when asked for cool ways young people use ChatGPT, he said, “People in college use it as an operating system.” They upload files, connect data sources, and then use “complex prompts” against that data.
Additionally, with ChatGPT’s memory options — which can use previous chats and memorized facts as context — he said one trend he’s noticed is that young people “don’t really make life decisions without asking ChatGPT.”
“A gross oversimplification is: Older people use ChatGPT as, like, a Google replacement,” he said. “People in their 20s and 30s use it like a life advisor.”
It’s not much of a leap to see how ChatGPT could become an all-knowing AI system. Paired with the agents the Valley is currently trying to build, that’s an exciting future to think about.
Imagine your AI automatically scheduling your car’s oil changes and reminding you; planning the travel necessary for an out-of-town wedding and ordering the gift from the registry; or preordering the next volume of the book series you’ve been reading for years.
But the scary part? How much should we trust a Big Tech for-profit company to know everything about our lives? These are companies that don’t always behave in model ways.
Google, which began life with the motto “don’t be evil” lost a lawsuit in the U.S. that accused it of engaging in anticompetitive, monopolistic behavior.
Chatbots can be trained to respond in politically motivated ways. Not only have Chinese bots been found to comply with China’s censorship requirements but xAI’s chatbot Grok this week was randomly discussing a South African “white genocide” when people asked it completely unrelated questions. The behavior, many noted, implied intentional manipulation of its response engine at the command of its South African-born founder, Elon Musk.
Last month, ChatGPT became so agreeable it was downright sycophantic. Users began sharing screenshots of the bot applauding problematic, even dangerous decisions and ideas. Altman quickly responded by promising the team had fixed the tweak that caused the problem.
Even the best, most reliable models still just outright make stuff up from time to time.
So, having an all-knowing AI assistant could help our lives in ways we can only begin to see. But given Big Tech’s long history of iffy behavior, that’s also a situation ripe for misuse.

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Technology
Programmers bore the brunt of Microsoft’s layoffs in its home state as AI writes up to 30% of its code

Coders were hit hardest among Microsoft’s 2,000-person layoff in its home state of Washington, Bloomberg reports.
Over 40% of the people laid off were in software engineering, making it by far the largest category, Bloomberg found based on state filings. Relatively few sales or marketing positions were affected, Bloomberg added.
To be fair, coders are a big chunk of Microsoft’s workforce, although it doesn’t disclose the exact proportion. The cuts are part of recent layoffs at Microsoft affecting about 6,000 people.
Still, these cuts come after CEO Satya Nadella said last month that up to 30% of the company’s code was now written by AI.
TechCrunch asked Microsoft if the layoffs were motivated by the rise of AI-assisted coding. The tech giant declined to comment. Microsoft has said the layoffs are aimed at reducing management layers.

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Technology
YouTube viewers will start seeing ads after ‘peak’ moments in videos

Imagine you’re watching a highly anticipated video from your favorite YouTube creator — perhaps the moment a famous couple finally gets engaged — when an ad pops up immediately after the clip. This is part of YouTube’s new ad format called “Peak Points.”
The company revealed the new ad format during its Upfront presentation on Wednesday in New York.
Peak Points leverages Google’s Gemini AI to analyze YouTube videos and identify moments it believes have the highest viewer engagement or are most emotionally impactful, and then suggests placing the ad right after it.

Point Peaks aims to benefit advertisers by using a tactic that aims to grab users’ attention right when they’re most invested in the content. This approach appears to be similar to a strategy called emotion-based targeting, where advertisers place ads that align with the emotions evoked by the video. It’s believed that when viewers experience heightened emotional states, it leads to better recall of the ads.
However, viewers may find these interruptions frustrating, especially when they’re deeply engaged in the emotional arc of a video and want the ad to be over quickly to resume watching.
In related news, YouTube announced another ad format that may be more appealing to users. The platform debuted a shoppable product feed where users can browse and purchase items during an ad.

A blog which focuses on business, Networth, Technology, Entrepreneurship, Self Improvement, Celebrities, Top Lists, Travelling, Health, and lifestyle. A source that provides you with each and every top piece of information about the world. We cover various different topics.
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