Episode #11 - AI Weekly: by Aruna

Welcome back to "AI Weekly" by Aruna - Episode 11 of my AI Newsletter!

I'm Aruna Pattam, your guide through the intricate world of artificial intelligence.

Now, let's delve into the standout developments in AI and Generative AI from the past week, drawing invaluable lessons along the way.

#1:? AI in Business - Series?

Welcome to "AI in Business," a captivating video series, where I unravel the remarkable impact of Artificial Intelligence across diverse sectors. This series is a journey through the ever-evolving landscape of AI, showcasing its applications in ten distinct industries including Banking, Insurance, Telecom, Retail, Energy & Utilities, Government, Manufacturing, Health Care, Oil & Gas, and Agriculture.?

AI In Banking:

The first opening episode focuses on the banking sector, highlighting how AI is revolutionizing this industry. From enhancing customer experience to streamlining operations, we delve into the myriad ways AI is not just reshaping banking but setting a new paradigm in the business world.

Dive in to explore the myriad facets of AI in business and its profound implications on the global market.

#2: AI in 2024: Transforming the Workplace

In 2024, Artificial Intelligence (AI) is reshaping the workplace with significant implications.

Key trends include:

Enhancing Inclusivity with AI:

AI is breaking down barriers for workers with disabilities, offering tools that benefit everyone in the workplace.

Revolutionizing Recruitment:

AI's role in hiring is evolving to reduce biases, leading to more equitable hiring processes.

Promoting Diversity

With a focus on diversity, AI aids in fairer training and recruitment, ensuring equal opportunities for all.

Upskilling for an AI World

As AI becomes integral to work, upskilling is key for workers to stay competitive and adapt to new technologies.

Navigating AI Regulation

The rapid advancement of AI poses challenges in regulation, highlighting the need for global collaboration in AI governance.

In 2024, AI is not just a tool but a transformative force in the workplace, necessitating adaptability and a proactive approach from both employees and businesses.

Click to explore the future of work in our AI-driven world!

#3: Self-Learning AI: A Game-Changer in AI Development

Simplifying AI Improvement with Self-Play:?

A new method called Self-Play Fine-Tuning (SPIN) is changing how we make AI smarter. Developed by researchers Chen, Deng, Yuan, Ji, and Gu, SPIN lets an AI improve itself without needing extra data from humans. It's like the AI is playing a game against itself, learning from each round to get better.

Proven Success and Future Possibilities

Tests show that SPIN works really well. It made AI models perform better on different challenges, even doing better than other methods that use more data. This is exciting because it means AI can learn a lot on its own, kind of like how we learn from our experiences.

The Future of AI Learning

SPIN is a big step forward. It shows us a new way to train AI, where it can learn a lot by itself. This could lead to AI that understands and interacts more like humans do. Let's think about the new opportunities this opens up for AI's future.

Dive into Self-Play Fine-Tuning (SPIN) and learn how AI is reshaping its learning process.

#4: Microsoft's New AI Keyboard Key: Making Computers Smarter

Microsoft is making computers easier to use with AI by adding a special new key, called the Copilot key, to keyboards in 2024. This key will let people quickly use AI features in Windows, like getting help or searching for things.

Where It Goes and What It Does

The Copilot key will be placed near the bottom right of the keyboard, replacing the right Control key. If you can't use the Copilot feature, this key will open up the regular search function instead.

A Big Change for Keyboards

This new key, which will start showing up on keyboards at the end of February, is the biggest change to Windows keyboards since 1994. Even if you have an old keyboard, you might still be able to set it up to use this new AI feature.

Why It's Important

With this new key, Microsoft is trying to make it easier and faster for everyone to use AI on their computers. It's a big step in making AI a regular part of using a PC.

Click to learn how it's changing computing in 2024!

#5: Saudi Arabia's Digital Step: Tawakkalna App for Official Use

Saudi Arabia is now using a special app called Tawakkalna for government communication. This step is part of the country's plan to use more technology in talking to citizens and businesses.

Easy and Safe Communication

The Tawakkalna app, made by the Saudi Data and Artificial Intelligence Authority, helps send messages easily. The government promises to protect users' privacy, like letting them delete messages after reading. This shows they care about keeping personal information safe.

Strong Protection Against Cyber Threats

The app is also protected against cyber attacks. Saudi Arabia's cybersecurity teams will make sure the app is safe to use.

Choice and Variety in Communication

People need to agree to get messages through the app and can stop them anytime. The government will also use other ways to send messages, not just the Tawakkalna app.

Thinking About the Future

With this app, Saudi Arabia is moving forward in using technology for government work. It's a good example of how a country can use digital tools while keeping information safe and giving people choices.

Discover how Saudi Arabia is revolutionizing government communication with the Tawakkalna app!

#6: Advancing Towards Intelligent Robotics

In the realm of robotics, AutoRT, SARA-RT, and RT-Trajectory are groundbreaking technologies poised to revolutionize daily life.

AutoRT employs extensive data and advanced models to train robots effectively, granting them a practical grasp of human intentions and the ability to operate autonomously across diverse scenarios.

SARA-RT enhances robotic decision-making speed and efficiency by refining the Robotics Transformer (RT) models, reducing computational demands for real-time applications.

RT-Trajectory introduces a novel method, overlaying visual trajectories on training videos, to teach robots better task generalization.

These innovations promise advanced robots capable of precise, autonomous multitasking, ushering in a new era of seamless human-robot interaction and practicality.

Explore more in the link below!

#7: How AI is Changing the Law, According to Chief Justice Roberts

In an era where technological advancements are inevitable, Chief Justice John Roberts highlights the significant impact of Artificial Intelligence (AI) on the legal profession in his 2023 Judiciary Report. His insights offer a thought-provoking glimpse into how AI is reshaping a field known for its cautious approach to change.

Roberts acknowledges the legal profession's historical resistance to change, noting its slow adaptation from typewriters to computers. However, he points out the rapid pace at which technology, especially AI, is now being integrated into legal processes. From electronic filing to AI-assisted legal research, these tools are revolutionizing efficiency and access to justice, particularly for the underprivileged seeking legal templates and guidance.

While AI offers numerous advantages, Roberts urges caution. He highlights concerns about AI-generated 'hallucinations' or inaccuracies, such as fictitious legal cases, and the potential risks of compromising confidentiality. This caution underscores the need for a balanced approach in integrating AI into legal practices.

Roberts predicts a significant impact of AI on judicial work, especially at the trial level. He envisions a future where judges not only use AI tools but also develop a deep understanding of AI's role in legal proceedings. However, he emphasizes that human judges will continue to play a central role in the justice system.

Roberts' report makes us think about how AI can help in law but also reminds us to be careful with it.

Click the link to explore the full story

#8:? Unified-IO 2: Revolutionizing AI with Multiple Skills

Unified-IO 2 is a pioneering AI model created by Jiasen Lu and colleagues. It's unique because it combines different types of data, like images, text, audio, and actions, into one system. This model can both understand and create content in these various formats.

How It Works

Unified-IO 2 turns all these different inputs into a common language that the AI understands. It uses a special method, known as an encoder-decoder transformer, to handle this variety of data. This approach solves the challenge of merging different kinds of information in AI.

Training for Excellence

The team trained Unified-IO 2 on a large, diverse set of data. It shows great results in over 35 different tests, doing tasks from making images to controlling robots.

Looking to the Future

With Unified-IO 2 now available for researchers, it opens up new opportunities for advanced AI uses. It makes us think about how AI can change our interaction with technology and understand our world in new ways.

Click to uncover the future of AI with Unified-IO 2!"

#9: Jeff Bezos Invests in AI Start-Up Challenging Google

Jeff Bezos, the creator of Amazon, has invested in Perplexity, an AI start-up valued at $520 million. With $74 million in total funding, Perplexity is emerging as a strong competitor to Google in the search engine market.

Perplexity's Innovative Search Method

Using OpenAI's GPT technology, Perplexity changes how we search online. It doesn't just give a list of links; instead, it directly answers questions, working like a chatbot. This makes finding information online faster and more straightforward.

Competing with Google

Aravind Srinivas, the CEO of Perplexity, told the Wall Street Journal that their goal is to move beyond the traditional search results, which just show links. They're developing a more advanced search engine using GPT-4, which will be available for $20 a month.

What This Means for the Future

Backed by Jeff Bezos, Perplexity is set to shake up the search engine industry. Its AI-driven approach could change how we find information online, challenging current methods and leading the way in technological innovation.

Learn more about this AI-powered start-up.

#10: Transforming Banking with AI: The Future is Now

AI's Growing Influence in Banking Artificial Intelligence (AI) is revolutionizing the banking sector, shaping everything from customer interactions to internal operations. As digital banking gains momentum, AI is at the forefront, driving significant changes and efficiencies in the industry.

Customer Service and Process Optimization:

AI, through chatbots and machine learning, is streamlining claims processing and mortgage applications, making banking more efficient and customer-friendly.

Risk Management:

AI excels in identifying credit risks and detecting fraudulent activities by analyzing vast amounts of data, thereby enhancing the security and reliability of banking services.

Innovative Trading and Personalized Marketing:

AI algorithms are now used in trading, wealth management, and marketing, providing tailored financial advice and optimizing investment strategies.

The Future of AI in Banking

AI is not just the future; it's the present in the banking sector. Its integration is a strategic necessity, transforming how banks operate and interact with customers. As AI continues to evolve with technologies like quantum computing, its impact on banking will only deepen.

Explore here on how AI is reshaping the face of banking.

That wraps up our newsletter for this week.

Feel free to reach out anytime.

Have a great day, and I look forward to our next one in a week!

Thanks for your support.