Industry Insights & News:

Stay informed with our daily dose of AI news and industry insights to help you make informed business decisions.

• Meta explains how AI influences what we see on Facebook and Instagram. The report is part of the company's commitment to transparency and outlines what users can do to better control what content they see on the platforms.

  • TL;DR - Big companies using AI are starting to take steps to show their commitment to AI ethics and regulation. If your business hasn't done so, a good starting point is to pay attention to the concerns highlighted by the government. If you need help, check out our AI Audit workbook.

• AWS launches $100M program to fund generative AI initiatives. Unlike previous initiatives, this one is not open to everyone. It specifically targets data scientists, strategists, engineers, and others affiliated with AWS, connecting them with customers and partners.

  • TL;DR - Businesses that ignore generative AI, risk being left behind by their competitors because it has the potential to revolutionize the way your business operates. With the massive amount of funds being thrown at this, it's a sign that you can't afford to not pay attention.

• Introducing OpenAI London. The London office will focus on advancing AI research and engineering capabilities.

  • TL;DR - The government's approach to AI regulation will shape how AI companies operate. It creates a new AI race: finding the best environment for AI development. Stay updated by scrolling down and checking our AI regulation section.

• Google has announced the first Machine Unlearning Challenge.
  

  • TL;DR - With AI regulation and ethics concerns in the spotlight, machine unlearning becomes a valuable technology to explore. It protects user privacy and removes inaccurate or outdated information from trained models. If you're growing your engineering team, having someone with expertise in this area can save you time, money, and minimize risks for your business.

AI Business Boosters

Sales & Marketing:
Use AI-powered tools and strategies to boost your sales and marketing efforts and attract more customers.

• Is your sales and marketing team spending too much time on email responses? Check out How to Use Gmail’s ‘Help me Write’ AI Tool to Draft Emails. This tool suggests professional email responses based on the conversation, helping your team save time and effort.

• If you want to use AI to generate your content but don't know how to make it feel human and optimize it for SEO, check out this case study and learn how to do it.

Investment & Finance:
Discover how to leverage AI investment opportunities to grow your business and stay ahead of the competition.

• Trying to find out where to invest next? Wall Street experts predict that the S&P 500 could increase by 50% by 2025, driven by the AI boom.

• Struggling to stay up-to-date with your business finances? Try out Justpaid.io and take control of your business with features like payments, AI-powered automations, benchmarking, contract tracking, opportunity alerts, and more—all in one platform.

Operations & Productivity:
Enhance your business operations and boost productivity with the latest AI-powered solutions.

• Wondering if AI is just an exaggeration and if it can't really help your business? Check out How businesses can break through the ChatGPT hype with ‘workable AI’.

• If you're planning to rent a place and bring your team back to the office, you're not alone. AI startups are beginning to search for offices to enhance their productivity.

Product & Engineering: 
Stay on the cutting edge of innovation and technology with insights into the latest AI trends and developments.

• Are you planning to launch an AI product soon? Make sure to use data, copyrighting, and AI ethically because one wrong move in AI can severely impact your business.

• Getting the best out of AI tools is all about learning how to communicate with them. Here are 12 ways to get better at using ChatGPT.

Building Your Dream Team:
Find and manage top talent with AI tools and strategies that streamline the hiring and training process.

• Want to boost your HR team? Check out 3 Ways ChatGPT Can Be Used To Advance Workplace DEI.

• Gen Zers' eagerness to experiment with AI could help boost your business. AI won't replace your employees, but it will empower those who know how to effectively use it.

What’s new with AI Regulation?

Considering this hot topic is going to be around for a while, we’ve added a new section to cover the highlights of what you need to know each day, if you’re into that.

• Congress is urging the Pentagon to adopt advanced technology, including AI, faster. New bills and provisions in the National Defense Authorization Act aim to accelerate this process.

• The Vatican Releases Its Own AI Ethics Handbook.

• House restricts congressional use of ChatGPT. Congress members can now only use ChatGPT Plus due to privacy concerns. They can utilize it for "research and evaluation" purposes, but pasting non-public text is not allowed.

• Schumer Unveils Visionary Roadmap for Senate’s AI Regulatory Measures: Nine panels will address challenging AI regulatory questions. The plan emphasizes democratic values, security, and explainability in AI systems. Balance between innovation and accountability.

Kickstart Your Week

Layer these things into your conversations this week to sound relevant!

"Have you ever imagined riding your bike to work and being able to ask it for the best route to the nearest café? Well, that's becoming a reality with this new autonomous bike! Urtopia recently launched this product at Eurobike 2023, and it will be available soon. Would you consider buying one?"

"Did you hear that the Pope partnered with Santa Clara University and they recently released their own AI Ethics Handbook? It's remarkable how much attention AI is receiving, even within religious contexts. Do you believe the Vatican's participation adds value to the AI ethics conversation?"

"Hey, have you heard about the Improbotics show? It's this awesome mix of technology and comedy where they have a chatbot named Alex performing alongside a group of talented improvisers. Here's the cool part: Alex can't understand voices, so the show's MC feeds the performers' lines into a computer and Alex comes up with responses. It's a bit of a clunky process, but the experience is totally unique and fun. Would you be up for checking out this show?”

"OpenAI has just launched OpenAI London. It's interesting because the Prime Minister is making significant efforts to play a key role in AI governance and transform the United Kingdom into an AI hub. What do you think should be the government's top priority in AI regulation: protecting citizens or attracting AI companies?"

"Have you heard the latest news from Google? They just announced the first-ever Machine Unlearning Challenge! How cool is it that AI systems can now unlearn things? This technology not only protects user privacy but also removes inaccurate or outdated information from trained models. Do you think this could make AI safer and more ethical?"

Prompt of the Week

Use this prompt to guide your ChatGPT conversations towards better business outcomes, making them more efficient and accurate.

Understanding your competition helps you stand out. Offer unique products or services that attract interested customers. Gain insights into your competitors' strategies, strengths, and weaknesses. Craft a distinct value proposition that resonates with customers. Capture attention with innovative offerings. Establish a competitive edge, attract loyal customers, and drive growth.

And that's where today's prompt comes into play:

The Results are in:

Last week we asked readers, What do you think are the interests of AI leaders when it comes to AI regulation?

• 60% said “Shaping regulations to favor their own AI technologies and market dominance.”

What do we think? We agree. When it comes to AI regulation, considering the interests of AI leaders is crucial as it can influence governments' approach. They strive to maximize their advantage and dominate the market. For example, we've seen Sam Altman lobbying in the EU to soften draft AI rules and engaging with various governments to align OpenAI's interests.However, it's important to strike a balance between fostering innovation, ensuring fair competition, and protecting consumer interests. Transparency, accountability, and collaboration among industry leaders, policymakers, and stakeholders should be prioritized in the ongoing dialogue around AI regulation.

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