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Jay Peters

Jay Peters

Senior Reporter

Senior Reporter

    More From Jay Peters

    Artifact is becoming Twitter, tooArtifact is becoming Twitter, too
    Jay Peters
    Jay Peters
    Jay Peters
    There might be some hurdles to getting some kind of federal right to repair legislation passed for agricultural equipment.

    According to Monarch Tractor CEO Praveen Penmetsa, the problem right now is that farmers “cannot let somebody monkey with [their] emissions equipment that is not certified to do so.” He argues that if the industry moves to electric and zero emissions, then its not a question of emission equipment anymore.

    The House just introduced the Agricultural Right to Repair Act. We’ll see how far it gets.

    Jay Peters
    Jay Peters
    Monarch Tractor’s autonomy features are already seeing a 30 percent attach rate.

    Three out of ten customers are paying for Monarch Tractor’s digital subscription for autonomous features on its tractors, according to CEO Praveen Penmetsa. That’s higher than I would have expected!

    Jay Peters
    Jay Peters
    Monarch Tractor has more than 200 of its electric and autonomous MK-V tractors on farms.

    That’s according to the company’s CEO, Praveen Penmetsa, who is onstage at Code 2023. Last month, it delivered more than 75 of its tractors to customers, he said.

    Jay Peters
    Jay Peters
    Microsoft’s CTO doesn’t want to read spammy AI-generated content, either.

    Even though Microsoft offers AI tools that help people create content, Kevin Scott doesn’t want AI to completely take over content creation — hear him talk about it in this clip from Code 2023.

    Jay Peters
    Jay Peters
    Getty’s CEO says that its new AI tool cannot generate an image that looks like a celebrity or notable figure.

    I asked Craig Peters at Code what Getty would do if somebody found a way to make a photo with an AI-generated version of a known person like Joe Biden or Donald Trump using its just-announced tool, but he was emphatic that it wouldn’t be possible. I guess we’ll see!

    Jay Peters
    Jay Peters
    Does Getty’s CEO think that its new AI tool be cheaper than hiring a real photographer?

    “I think that’s yet to play out,” said Craig Peters. Getty’s ultimate goal is to “save our customers time.” Getty introduced the new tool this week.

    Jay Peters
    Jay Peters
    Kevin Scott does think that the costs for AI might go down.

    AI compute is very expensive, which has led to some expensive applications — like Microsoft’s Copilot for Microsoft 365, which costs $30 a seat. Scott didn’t commit to the cost of that going down, but said that “if the market tells us that the price for these things is too high, then the price goes down.”

    Jay Peters
    Jay Peters
    “It’s small marketshare gains, but definitely gains.”

    Microsoft CTO Kevin Scott is onstage at Code 2023, and he said that Bing is making some marketshare improvements since the introduction of things like Bing Chat. Given how huge search is, any small gains could be pretty meaningful.

    Jay Peters
    Jay Peters
    Spotify just increased prices, but you might want to get ready for more.

    I get the sense that Robert Kyncl, the CEO of Warner Music Group, feels there’s room for the price of music streaming services to go up.