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πŸ“ˆ AGI Doubles World GDP?

UAE's AI Ambitions with US

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Plus: UAE's AI Ambitions with US

Read time: 5 minutes

What a great Thursday!

Sam Altman says artificial general intelligence could double the world's GDP. Is he overhyping it?

Explore more in our latest updates!

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Source: The AI Solopreneur - One of the top AI creators on X (Twitter)

Not only do we have one AI Cheat Sheet, but we have 66 AI Cheat Sheets that you can easily save and download here.

AI SLIDESHOW

πŸ’Ό AI at Work 2024: What Are Pros and Cons?

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Source: BCG

The 2024 BCG X survey highlights AI's impact on job productivity and security, with mixed feelings from employees.

Key Takeaways:

  • 13,102 employees surveyed globally.

  • 49% of GenAI users worry about job loss.

  • 64% of leaders use GenAI for change.

  • 38% use saved time for strategic tasks.

  • Global South leads in GenAI confidence and training.

Why it matters: AI is reshaping workplaces by saving time and increasing efficiency, but it also raises job security concerns. Proper training and integration are crucial to maximize AI benefits while addressing employee fears.

AI REPORTS

🏦 AI & Central Banks: Economic Impact 2024

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Source: BIS Annual Economic Report 2024

The rise of generative AI and large language models is reshaping central banks' operations and the broader economy, highlighting the need for enhanced capabilities.

Key Takeaways:

  • LLMs have changed how people interact with technology.

  • Central banks must anticipate AI's effects on the economy.

  • 64% of leaders use GenAI to reshape organizations.

  • Data governance and collaboration are essential for effective AI use.

  • Central banks need to upgrade their tools to keep up with AI advancements.

Why it matters: The integration of AI in central banking is crucial for maintaining economic stability. Effective use of AI can enhance productivity and efficiency but requires robust data governance and collaboration.

TODAY IN AI

AI HIGHLIGHTS

πŸ”Š NBC will use AI to recreate Al Michaels' voice for daily Olympics recaps on Peacock. This tool can create 7 million personalized packages from 5,000 hours of live coverage.

πŸ€– Abu Dhabi aims to be an AI leader, aligning with the US through a $1.5 billion Microsoft investment in G42. AI could add $96 billion to the UAE's economy by 2030. Falcon10B and Jais are key AI projects, and 120,000 people work in AI-related industries.

🌳 Amazon is developing 'Metis,' a new generative AI chatbot to compete with ChatGPT. Powered by the Olympus AI model, it offers conversational answers, image generation, and up-to-date responses using retrieval-augmented generation.

🧬 ESM3, EvolutionaryScale's new language model, simulates 500 million years of evolution to create new proteins. It integrates sequence, structure, and function, offering unprecedented control for scientists. ESM3 trained on billions of proteins.

πŸ“ˆ Nvidia's stock surged due to AI hype, briefly becoming the world's most valuable company. Its future growth depends on AI advancements and business adoption. Nvidia GPUs are crucial for AI applications.

🌎 Sam Altman says artificial general intelligence could create $100 trillion in wealth, doubling the world's GDP.

Is Sam Altman Overhyping AGI?

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AI STOCK

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AI SOURCES FROM AI FIRE

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NEW EMPOWERED AI TOOLS

  1. πŸ“¦ Zebracat turns text into impactful videos in minutes with AI

  2. πŸ’₯ Relay is Zapier alternative with 3 new flexible ways to incorporate AI in your automation.

  3. πŸ€ Ozone edits videos in seconds using AI

  4. πŸ—£οΈ Scene is AI-powered all-in-one web design workspace

  5. πŸ₯€ WisdomPlan is a community-driven skill mastery platform

AI QUICK HITS

1. 🎨 Figma announces major redesign with AI features (Read more)

2. πŸ”’ Meta x Lamini: Llama 3 for secure enterprise data queries (Read more)

3. πŸš• Waymo opens robotaxis to everyone in San Francisco (Read more)

4. πŸ“Š Google Analytics gets AI insights upgrade (Read more)

5. πŸ’‘ AWS launches $50M AI initiative for public sector (Read more)

AI CHART

AI co-authors 10% of research papers already

The researchers found that word usage was mostly stable from 2013 to 2019, with no word increasing in frequency by more than 1%. This changed in 2020 when words like "sars," "coronavirus," "pandemic," and "severe" increased a lot. Covid-related words stayed high until 2022.

By early 2024, about a year after tools like ChatGPT became popular, a new set of words became common. Out of the 774 words that increased significantly between 2013 and 2024, 329 became common in the first three months of 2024.

Most of these words, about 280, were related to writing style, not subject matter. Some examples are "delve," "potential," "intricate,", etc.

AI TUTORIAL

Turn Your Searches Into Shareable Pages Using Perplexity AI

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  1. Go to Perplexity’s library section and click "Create a new page."

  2. Enter the topic or title.

  3. To customize the content, you can use the AI tool to:

    • Rewrite, reformat, or remove sections.

    • Add new sections by prompting the tool.

  4. Add media, search for, and insert relevant images or videos.

AI PROMPT

A Prompt to Craft a Comprehensive Case Study

You are an expert copywriter. I am [mention the problem you're facing in detail with context]. I need you to outline a comprehensive case study that documents how our [Product/Service] effectively addressed the needs of [Customer/Client Name].

Begin with an executive summary that succinctly captures the essence of the problem and the innovative solution we provided. This summary should give a clear overview of the issue and how our product or service made a significant impact.

Follow this with detailed sections that include:
Customer's Challenge: Describe the specific challenges faced by the customer in-depth, providing context and background information. Explain why these challenges were significant and how they impacted the customer's operations or goals.
Implemented Solution: Outline the solution we provided, detailing the features and aspects of our product/service that were most relevant to addressing the customer's needs. Explain the implementation process, any customization or special efforts made, and how our team worked with the customer.
Achieved Results: Present the outcomes of our solution with specific success metrics. Include quantifiable data such as percentage improvements, cost savings, time reductions, or any other relevant metrics that showcase the effectiveness of our solution.
Conclude with a compelling testimonial from the customer, highlighting their satisfaction and the positive changes they experienced. End with a strong call to action for readers, encouraging them to contact us or learn more about how we can help solve similar problems.

The case study should be written in a tone that is [Tone, e.g., 'professional and compelling'], aiming to inspire confidence and trust among [Target Audience]. I want you to [mention how you want the output with examples], ensuring that the final document is both informative and persuasive, effectively demonstrating our value proposition to potential clients.

AI-GENERATED IMAGES

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A golden desert landscape with three blue mountain lines, camels and people walking on the sand, and flowing liquid gold. The scene has a minimalist color field background inspired by Hokusai and James Turrell. This abstract painting features camels and blue desert mountains with gold glitter on paper, reflecting Hokusai's style. The collage combines golden, blue, and white colors, showing camels on dunes, gold mountains, a sand background, and golden stars. The composition, inspired by Japanese woodblock prints, evokes poetic fragility.

THURSDAY MEME

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AI JOBS

  • Newton Europe: Principal AI Consultant (Link)

  • Welocalize: AI Services Quality Coordinator (Link)

  • Ergomed: Vice President, AI/ML (Link)

  • NHS: NSA Imaging - Digital / AI / Industry (Link)

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