50+ Striking AI News | #002 | 19-25 June 2023

Welcome back following another busy week in the artificial intelligence space.

First of all, a big THANK YOU to you and the other 999 LinkedIn members who helped us to reach the 1,000 subscribers mark just a few days after publishing the first edition of our #strikingAInewsWeekly newsletter. It means a lot.

50+ Striking AI News [19-25 June 2023]

Let’s start with 15 key numbers, stats, videos and quote.

9 striking AI numbers

• Nearly 80% of women’s jobs could be disrupted, automated by AI
• The Global AI in Fintech Market will reach $39 billion by 2032 StockApps.com
• At least 46,000 people work in the "AI & Data Core" across the 60 largest North American and European banks Evident insights
• Snap Inc. puts 10 billion AI chatbot messages to use refining its ad businessUK investors embrace AI: 73% trust ChatGPT for future financial advice
• Amazon Web Services (AWS) is putting up $100m to battle Microsoft and Google for the next generation of AIOnly 25% of CFOs Are Prepping for AI Management and Ethics Regulations 德勤
• UK Promises $27M to National Health Service to Deploy Generative AI for Healthcare NHS
• GPT-4 is a mixture of 8 x 220-billion-parameter models OpenAI

1 AI quote

“From the days of hundreds of examples of content that you create for a particular brand or for a particular campaign, it’s going to eventually become billions of generated content for every individual.” Jensen Huang 英伟达

5 YouTube videos

• Inside OpenAI, the Architect of ChatGPT The company's chief architect, Mira Murati , emphasises the importance of open dialogue and the need to systemise concerns when addressing disagreements within the organization. Reid Hoffman , the co-founder of LinkedIn and an early investor in Facebook, has been supporting OpenAI for more than 12 years. He firmly believes that AI will surpass all other major technological advancements.
• The End Of The Internet As We Know It? Large language models require unique and high-quality data sets to be trained, which has led to the shut down and siloing of websites with valuable data, such as Reddit, Inc. . Companies are now charging for their APIs, and as a result, third-party developers are losing access to this data. This marks the beginning of the end of the open and free internet.
• What Snap CEO Has Learned From Snapchat's New AI Chatbot Snap's AI-powered chatbot has been used by 150 million people over two months, which is changing the interaction paradigm from command line to conversational AI, according to Spiegel.
• The 8 Plugins That Will Change How You Use ChatGPT In this video, Matt Wolfe, one of my favourite AI YouTubers, tries out a few chatGPT plugins as well as a few prompts for the chatGPT Plus browser. Three of them are game changing, IMHO.
• Meet The 6'10 Ai Robot NBA Players Fear The AI robot Q, created by Toyota, can shoot with 100% accuracy and is evolving quickly to become a real player.

TL;DR

My take on the AI news from last week.

AI is everywhere?

If Artificial intelligence is not a new discipline, being around since the 1950s , OpenAI managed to make it ubiquitous in just a few months following the launch of chatGPT back in November 2023.?Now, there is not one day where you don't come across an article assessing its potential on anything including healthcare, software testing, but also sporting events like Wimbledon which will offer AI-generated commentary this year , or even... beer brewing ?

By the way, now even the people paid to train AI are outsourcing their work to AI . Fascinating new behaviours, don't you agree?

AI + India

Unarguably, India has had an outstanding week: their PM enjoying no less than 15 standing ovations when he addressed the US congress, the US announced a range of strategic deals with India including in the AI space, Google investing $10B in an Indian digitisation fund, Microsoft exploring AI use cases, and IBM confirming Indian businesses are now focusing on AI-first.

On a slightly less positive note, over 12,000 chatGPT accounts from India were leaked on the dark web. Also, seriously, who designed THAT t-shirt? ;)

AI Tools & LLMs

We’ve seen a plethora of noteworthy updates from the leading AI-powered solutions like ElevenLabs launching their Voice Library, Midjourney and their new, frankly mind blowing ‘zoom out’ feature, and Stability AI (the company behind Stable Diffusion) launching SDXL 0.9 which will allow for much better image and composition detail.

Leading video hosting websites are also jumping the AI bandwagon with YouTube helping creators to dub their videos in different languages and Vimeo launching a script generator.

Dropbox is aiming to become the Google search of the corporate world with their AI-powered universal search, 'Dropbox Dash'.

Last but not least, 美国哈佛商学院 released their own chatbot to teach their flagship coding course, 微软 released 'Orca' a 13 billion parameter-powered AI model, and Inflection AI debuts its own foundation AI model to rival 谷歌 and OpenAI Large Language Models (MMLs).

AI + Media Industry

I am a movie/tv series buff, so I’ve always followed closely the convergence of tech/innovation and the movie business. Arguably, Marvel Entertainment might have pulled the best marketing stunt in recent times by leveraging AI to create the opening credits of 'Secret Invasion', the new Marvel series which kicks off the phase 5 of the MCU. The sheer amount of UGC from angry creators protesting on behalf of the graphic designers and animators community was gignormous... nevertheless, like Oscar Wilde famously said, “the only thing worse than being talked about is not being talked about”.

Staying in the media industry for a minute, the Grammy Awards will follow a strict AI guidelines next year, and Sony Music Entertainment acknowledge the importance of AI by appointing their very first EVP, Artificial Intelligence.

Wrap up

If you know me, you know I believe that success in driving growth and profitability at scale at a B2B SaaS company resides in your ability to adopt a content creator mindset and your commitment to empower your extended ecosystem. With most of our Martech stack slowly being infused with competent generative AI tools and functionalities, the future is bright for B2B Marketers.

Must read: NVIDIA’s Jensen Huang discussed AI-enhanced creativity in a conversation with Mark Read, CEO of WPP, at the Cannes Lions Festival .

SOURCES

BRAINY ??

• HBR: Should You Start a Generative AI Company?
• Inflection debuts its own foundation AI model to rival Google and OpenAI LLMs
• AI isn't magic. It's being used to spy on you, experts warn
• What is 'Causal AI' and why will it become increasingly important? ?
• America’s data illiteracy imperils its worldwide lead in artificial intelligence
• Study reveals AI may transform the way we understand emotion

ChatGPT / OpenAI

• GPT-4: 8 Models in One : The Secret is Out
• How ChatGPT and generative AI could bring the Star Trek holodeck to life
• The Venezuelan ghost workers who are feeding artificial intelligence
• The Graphic Truth: ChatGPT breaks the internet
• OpenAI says it's your fault your ChatGPT account got breached
• How OpenAI designed the ChatGPT app to be addictively simple
• Sam Altman shares his optimistic view of our AI future
• OpenAI’s AI App Store: Revolutionising the Marketplace with ChatGPT
• How To Use ChatGPT to Develop Emotional Intelligence

India ????

• Generative AI not just a buzz, can impact 1% of India’s IT workforce
• U.S. and India set to announce flurry of deals spanning defense, chips and A.I.
• Businesses now focus on AI-first, says IBM India vice-president
• WATCH: PM Modi's 'Another AI' Comment Receives Standing Ovation From U.S. Congress
• Technology to contribute 20-25% of Indian GDP by 2025-26: IT Minister Chandrasekhar
• Google to set up global fintech centre in Gujarat; Microsoft to explore AI use cases for Indians
• ChatGPT Logins Leaked; Most Login Creds Stolen From India
• PM Modi In US: Google CEO Sundar Pichai Announces Investment Of $10 Billion In India Digitisation Fund, New Fintech Centre
• 'Future Is AI — America And India': Biden Gifts PM Modi Special T-Shirt With His Quote From Congress Speech

Funding

• Amazon is putting up $100m to battle Microsoft and Google for the next generation of AI
• Is the AI-led 'baby bubble' bursting? BofA says tech stocks just saw their biggest outflow in 10 weeks.

Regulations & Ethics

• Only 25% of CFOs Are Prepping for AI Management and Ethics Regulations
• Mark Zuckerberg, Sam Altman offer support for EU regulation of AI
• The Ethics of ChatGPT: Ensuring AI Responsibly Serves Humanity
• Legendary Tech Investor Tim Draper’s Take on Crypto Regulation and the Future of AI
• AI: how can governance and regulation catch up? On the Radio Davos AI podcast special
• Meet the AI Protest Group Campaigning Against Human Extinction

TOOLS

• Stability AI launches SDXL 0.9: A Leap Forward in AI Image Generation
• Meet Orca, Microsoft’s new 13 billion parameter AI model that can imitate GPT-4
• “Stunning”—Midjourney update wows AI artists with camera-like feature
• Harvard's New Computer Science Teacher Is a Chatbot
• Introducing: Voice Library
• Introducing Dropbox Dash, AI-powered universal search, and Dropbox AI
• YouTube is getting AI-powered dubbing
• Vimeo’s new AI script generator will write corporate marketing filler in seconds

Media

• ‘Secret Invasion’ Opening Using AI Cost “No Artists’ Jobs,” Says Studio That Made It
• REJOICE, DRAKE! AI BARRED FROM WINNING A GRAMMY
• GEOFF TAYLOR JOINS SONY MUSIC AS EVP, ARTIFICIAL INTELLIGENCE

MARKETING

• Snap puts 10 billion AI chatbot messages to use refining its ad business
• 5 Powerful Ways Marketers Are Using AI To Boost SEO & Content Marketing [+Tools]
• How AI is Powering Marketing Success and Business Growth
• Salesforce: What Is AI Marketing And How To Incorporate It In Your Marketing Strategy
• Marketing teams are using AI to generate content, boost SEO, and develop branding to help save time and money, study finds
• Amazon Replaces Human Authors with AI
• How AI is impacting search advertising’s growth

ESG

• How organisations can adopt AI without expanding their carbon footprint
• A.I. has a discrimination problem. In banking, the consequences can be severe
• Unlocking an inclusive AI future

FUTURE OF WORK

• Evident AI Talent Report: Mapping the race for AI talent in banking
• Workers would actually prefer it if their boss was an AI robot
• We asked ChatGPT to write a company HR policy – the results were promising
• Companies That Replace People with AI Will Get Left Behind
• The Last AI Boom Didn't Kill Jobs. Feel Better?
• Nearly 80% of women’s jobs could be disrupted, automated by AI
• Work is an essential part of being human, and robots won’t take that away

FINTECH

• The Global AI in Fintech Market will reach $39 billion by 2032
• Mapping the race for AI talent in banking
• UK investors embrace AI: 73% trust ChatGPT for future financial advice the investor index
• ChatGPT and Swift: The Role of AI in Enhancing Financial Services and Fintech
• BCG: Sharing Our Field Notes: The State of Generative AI in Financial Services
• Third annual AIFinTech100 reveals the top FinTech companies leveraging AI to revolutionise financial services
• Artificial Intelligence: Unlocking the power of AI in financial services
• Top 10 Ways ChatGPT Is Changing Blockchain
• Google Cloud enters anti-money laundering space with AI product

HEALTHCARE

• UK Promises $27M to National Health Service to Deploy Generative AI for Healthcare
• Artificial intelligence can predict pancreatic cancer risk years in advance, study reveals
• From Isolation To Connection: The Impact Of ChatGPT On Autistic Communication
• 10 Ways Artificial Intelligence Is Revolutionizing Healthcare
• Artificial intelligence helped radiologists analyze 10 million studies
• How artificial intelligence can be used to battle depression

#ai ?#chatgpt ?#generativeai ?#fintech ?#marketing ?#fow ?#blockchain