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- Why be real when it’s fun to be fake
Read time: 2.5 minutes
Welcome back, superhuman
There are bold predictions and then there are BOLD predictions. And Goldman Sachs just made a BOLD one about AI.
We’ve also got a new AI-powered social media app that’s telling users to embrace their fakeness (huh?). Let’s dive right in.
TODAY’S MENU
The Big Insight: Goldman’s bold AI prediction, BeFake is social media for the AI generation
5 AI tools to supercharge your productivity
AI in Business: How enterprise leaders can use LLMs, Big advertisers shift to AI
AI Tutorial: Generate high-quality business logos
AI-Generated Images: Mobile bookshops
TODAY IN AI & TECH
Sentiment about AI in the workplace is improving. Source: Visual Capitalist
AI-dvertising: Big companies like Unilever and Nestle are using AI to generate ads.
Copyright-less Creations: US judge rules AI art cannot be copyrighted.
Search Stall: Bing is failing to gain share in the search market, despite releasing much-hyped AI features.
At Your Service: OpenAI CEO Sam Altman says ChatGPT could become a cognitive super assistant.
Passive Income? Startup lands $15 million in funding to help consumers monetize their data.
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THE BIG INSIGHT
Goldman Sachs Report: AI could be bigger than electricity
Source: Goldman Sachs
AI certainly isn’t short of bold predictions. But Goldman Sachs just took things to a new level.
A new report from Goldman Sachs says that AI could have a bigger impact on GDP than electricity and personal computers.
The authors of the report think that investment in AI could exceed 2% of US GDP and AI “could boost global labor productivity by more than 1 percentage point a year in the decade following widespread usage.”
Earlier in April, Goldman Sachs had also forecasted that AI could increase global GDP by 7%.
The social media app that’s telling users to embrace fakeness
“Why be real when it’s fun to be fake“
That’s the opening line from an ad for a new AI-powered social media app called BeFake.
The new social media app lets users transform their pictures with AI and share it with their friends. Instead of spending hours trying to edit pictures to look natural, the app encourages users to embrace the funkiness of AI and express themselves creatively.
Investor Hunter: Find the best investors for your startup. Kickstart the conversation with highly personalized and targeted outreach that gets you meetings.
Resume AI Scanner: Assess candidates by scanning their resumes, extracting relevant information, and generating questions to evaluate their suitability for a position.
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Luminaries: Chat with a personalized team of digital experts, trained on real-world knowledge.
Neurobit Zen: Enhances your sleep quality by providing personalized and curated audio experiences that promote calmness and relaxation before bedtime.
AI IN BUSINESS
The latest and greatest AI developments in the business world
5 ways enterprise leaders can use large language models to unlock new possibilities
The article discusses five ways to use LLMs including connection to external data for domain-specific tasks, integration with external applications, chaining multiple LLMs, simplifying entity extraction, and enhancing transparency for step-by-step reasoning. Read more
From Mad Men to machines? Big advertisers shift to AI
Major advertisers like Nestle and Unilever are increasingly using generative AI software, such as ChatGPT and DALL-E, to cut costs and increase productivity. However, companies remain cautious about security, copyright risks, and unintended biases in the software. Read more
As net retention plummets, AI could be the savior software companies need
The decline in net retention at software companies has halved in recent quarters, impacting revenue growth. The decline makes the SaaS economic model riskier and expansion harder. However, generative AI could potentially reverse this trend if it becomes as powerful and in-demand as expected. Read more
How businesses can measure the success of AI applications
The article addresses the difficulty of measuring AI success due to its non-deterministic nature. It suggests three strategies: to use probabilistic metrics, implement robust validation and evaluation, and include user-centric evaluations. Read more
AI2 drops biggest open dataset yet for training language models
The Allen Institute for AI (AI2) has released a large, open text dataset called Dolma for training language models. Intended as the basis for AI2's planned open language model, OLMo, Dolma is free to use and open for inspection. Read more
RESEARCH
AI-assisted cancer screening could cut radiologist workloads in half
A study published in the Lancet Oncology journal found that AI-assisted mammogram cancer screening can reduce radiologist workloads by nearly 50% without increasing false-positive results. The AI's recommendations were comparable to those of two radiologists working together. The study involved 80,033 Swedish women and showed that AI-empowered screenings detected more cancers than conventional screenings. However, further research is needed to confirm AI's readiness for mammography screening. Read more →
AI TUTORIAL
How to generate high-quality business logos
Try the prompt below:
a modern (insert item) logo, minimalist design, (insert color scheme) monochromatic color scheme, sleek and simple shapes, clean lines, geometric abstraction, negative space, subtle gradients, retro vibe, (insert background) color backgroundAI-GENERATED IMAGES
Mobile bookshops
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