Italy bans ChatGPT

Author

Zain Kahn
April 04, 2023

(Total read time: 2 minutes)

Hello and welcome to another big day in AI.  

Here's what you’ll get today:

⚡ 5 AI tools to supercharge your productivity

🤖 Must-know things happening in AI

🧠 Insight of the day: 300 million jobs could be affected by generative AI

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⚡ 5 AI tools to supercharge your productivity

  1. Kittl AI: An AI tool to 10x your design skills and bring your creative process to the next level. (Link)

  2. AI Library: A place where you can search 1000+ AI tools to find the perfect one for your needs. (Link)

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  4. My AI Frontdesk: A 24/7 AI receptionist that answers all your customer’s queries instantly. (Link)

  5. GitBook AI: An AI tool for writing and documentation. You can:

    • Create docs

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🤖 Must-know things happening in AI

  1. Italy’s data protection regulator bans ChatGPT over privacy concerns saying, “There's no legal basis for using personal data to train the chatbot following data breach.“ It has also accused OpenAI of using public data without their consent.

    Click here to see the full story 👉️ 

  2. Bloomberg unveiled a new AI model for finance called BloombergGPT. This chatbot is trained on a wide range of financial data to help anyone with:

    • Financial decision making

    • Risk analysis

    • Automating financial tasks

    Read the full article here 👉️ 

  3. Stanford released a massive 386-page report on the state of AI. Here are some of the highlights from the report:

    • AI research has been going up for years, with no signs of slowing down

• Newly funded AI startups have almost 3x’d in the last 10 years.

• Number of newly funded AI companies by Geographic Area

The images are taken from Pete Huang’s excellent Twitter thread that does an amazing job of breaking down the 386 page report. Click here to see the full list of trends 👉️  

 🧠 Insight of the day: 300 million jobs could be affected by generative AI

According to a Goldman Sachs report, AI systems such as ChatGPT could endanger around 300 million full-time jobs globally, with administrative and legal positions being particularly vulnerable.

Goldman's report also suggested that if generative AI is widely implemented, it could lead to significant labor cost savings and new job creation.

The current hype around AI has already given rise to new roles, including prompt engineers, a job that includes writing text instead of code to test AI chatbots.

AI could also boost global labor productivity, with Goldman estimating that AI could eventually increase annual global GDP by 7%.

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🧞‍♂️ Your wish is my command

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Thanks for reading.

Until next time!

Zain