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- π½οΈ AI Is Eating The World
π½οΈ AI Is Eating The World
AI Drones are Navy's New Weapons?
Plus: AI Drones are Navy's New Weapons?
Read time: 5 minutes
Good Morning!
We have some exciting updates for you! An AI-enhanced blood test from UCL and GΓΆttingen scientists can now detect Parkinson's early. Also, meet Benjamin Miller, who turned his job loss to AI into a new role for AI. Curious? Read more and join the conversation!
What are on FIRE π₯
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AI REPORT
π How GenAI Enhances Legal Operations
Source: Gartner
Learn about the latest trends in legal tech and how GenAI boosts performance.
Key Takeaways:
66% of legal leaders plan to increase tech investments.
Legal tech aims to support business outcomes and improve productivity.
By 2027, the global legal tech market will double due to GenAI.
GenAI can automate routine tasks like contract reviews and research.
50% of office workers will be AI-augmented by 2026.
Self-service offerings are increasing to streamline legal tasks.
Why it matters: Adopting GenAI and self-service technologies allows legal teams to streamline operations, focus on high-value tasks, and improve overall efficiency. This transformation is essential for legal departments aiming to stay competitive and agile.
AI RESEARCH
π± AI Tools Become Essential for Teens
Source: Survey
Two new surveys, both released this month, show how high school and college-age students are embracing artificial intelligence.
Key Takeaways:
50% of teens use AI weekly, up from 2023.
Popular uses include getting information and brainstorming.
49% of students use ChatGPT weekly for school.
Significant usage differences by race and ethnicity were noted.
60% of college students use AI for studying.
46% of teens use AI for schoolwork assistance.
Why it matters: AI's expanding role in teens' lives points to a future where technology will increasingly aid in education and personal development. Understanding these trends helps educators and policymakers adapt to changing needs.
TODAY IN AI
AI HIGHLIGHTS
β οΈ Edward Snowden cautioned the public about using OpenAI products after it appointed former NSA director Paul Nakasone to its board.
They've gone full mask-off: ππ¨ π§π¨π ππ―ππ« trust @OpenAI or its products (ChatGPT etc). There is only one reason for appointing an @NSAGov Director to your board. This is a willful, calculated betrayal of the rights of every person on Earth. You have been warned.
β Edward Snowden (@Snowden)
1:40 PM β’ Jun 14, 2024
How do you feel about OpenAI appointing a former NSA director to its board? |
π₯ DeepMind showcased V2A with clips like a horror score and underwater scenes, aiming to bring AI-generated movies to life. Improvements in dialogue syncing are needed.
π¬ AI-enhanced blood test, developed by UCL and GΓΆttingen scientists, identifies Parkinson's using a pattern of eight blood proteins and machine learning, promising early diagnosis.
π Generative AI is set to accelerate autonomous vehicle development, with companies like Waabi and Wayve raising substantial funds for AI-driven self-driving technology.
π The US Navy uses AI-equipped underwater drones to detect threats, cutting ocean floor scanning time by half.
πΌ After losing his job to AI, Benjamin Miller now works at Undetectable AI, helping make AI writing harder to detect. Bars Juhasz sees this as an adaptation period.
AI STOCK
DAILY AI FUNDRAISING
CuspAI, a startup from Cambridge and Amsterdam, raised a $30m seed round. They focus on AI and climate tech, developing a search engine for materials that can aid in carbon capture.
AI SOURCES FROM AI FIRE
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NEW EMPOWERED AI TOOLS
π£οΈ Olvy 3.0 speeds up customer feedback analysis 10x with AI
π₯ VidAU generates engaging videos in batches within a few minutes
πΌ Gradio builds and shares user-friendly machine-learning model apps
π± Dottypost creates engaging LinkedIn Carousels effortlessly with AI.
π· ContentPie helps grow organic traffic withAI-powered content creation
AI QUICK HITS
1. π Apple Academy adds AI training for students and alumni (Read more)
2. π€ Top chatbots spreading Russian propaganda, experts warn (Read more)
3. π€ Healthcare startup Color partners with OpenAI on cancer app (Read more)
4. π New AI models released to boost large-scale innovation (Read more)
5. π C3 AI welcomes Kevin McCarthy to its advisory board (Read more)
AI CHART
NVIDIA just passed Microsoft to become the biggest company in the world with a $3.34 trillion market value.
The amazing part? NVIDIA's value has increased by 181% in 2024 alone, adding $2.12 trillion in just 6 months. Plus, it has contributed to nearly 50% of the S&P 500's market value growth this year.
Will this story happen again?
Comparing today's AI boom to the 1849 gold rush in San Francisco Bay is fascinating. Back then, the price of a gold pan jumped from $0.20 to $8 (equivalent to $246 in 2018), a 4000% increase. A gold-digging shovel sold for $36 (equivalent to $1000 in 2018).
Today's NVDA is like the gold-digging shovel of 1849. During the gold rush, few got rich from finding gold, but many profited by selling mining tools. Similarly, few are getting rich from AI today, but NVDA is making a fortune selling AI chips.
When people realize creating AI is as tough as gold mining in 1849, where will NVDA's price go?
Today's AI craze and the gold rush both started in San Francisco Bay. Maybe it's the same group behind both
AI TUTORIAL
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