😵💫 New Bill Could Expose AI Companies' Secret Sauce - What's at Stake?
PLUS: AI predictions for 2024...
🚀Hey there, amazing readers! Get ready for an exciting Friday as we dive into The AI Journal. Let's buckle up and embark on a thrilling adventure filled with fascinating AI insights and discoveries. Get ready to have your mind blown! 🎉
For today we cooked:
⚖️ The New York Times sues OpenAI and Microsoft for copyright infringement
📱 Apple’s iPhone Design Chief Enlisted by Jony Ive, Sam Altman to Work on AI Devices
🤖 AI companies would be required to disclose copyrighted training data under new bill
and more...
(Read time - 5 minutes)
🔥What is hot in the market? Fresh news from the oven
Quick look:
⚖️ The New York Times sues OpenAI and Microsoft for copyright infringement
📱 Apple’s iPhone Design Chief Enlisted by Jony Ive, Sam Altman to Work on AI Devices
🤖 AI companies would be required to disclose copyrighted training data under new bill
📰 How one of the world’s oldest newspapers is using AI to reinvent journalism
🔨 Tools of the Week
🎙️ AudioRead: Experience the power of AudioRead as it converts written text into captivating audio narrations, bringing your content to life in an engaging and accessible format.
✏️ Terrasketcher: Transform Infrastructure Sketches with Precision. From simple to intricate designs, Terrasketcher excels in handling all your infrastructure sketch requirements.
🧠 PromptLeo: Boost your productivity and tap into the potential of generative AI with PromptLeo's robust engineering platform. Experience seamless and efficient content generation with our innovative tool.
📝 Marmof: Generate captivating article ideas, essay outlines, and content structure effortlessly with Marmof's advanced AI writing assistant.
Deep Dive:
🔮 AI predictions for 2024: What top VCs think
Leading venture capitalists in AI startups offer their boldest predictions for 2024, discussing topics such as generative AI, multimodal models, GPU shortages, healthcare applications, and more.
💡 Highlights:
- Generative AI Companies and AI in Biotech: Many generative AI companies may face an uncertain future, while AI in biotech, genome, climate, and industrial applications show promise for saving lives, transforming lifespan paradigms, and protecting ecosystems.
- Multimodal Models and Improved User Experiences: The convergence of multimodal data modalities (text, images, audio) into models will redefine AI capabilities, enabling better decision-making and improved user experiences.
- Expand AI Use Cases and Look Beyond Chat: Beyond chatbots, AI applications in diverse areas such as cancer detection, machine learning-assisted diagnoses, generative AI for reducing paperwork, and multimodal AI for expressive software in various modalities will flourish.
- GPU Shortages and Innovative Hardware Solutions: GPU shortages continue to affect the startup ecosystem, driving the need for efficient model architectures and alternative AI compute hardware solutions.
- Towards Edge-to-Cloud and Hybrid AI: The integration of cloud and edge devices, known as "hybrid AI" or "edge-to-cloud," will gain traction, offering benefits in performance, personalization, privacy, and security.
💻 Prompt of the Week
Best Prompt for improving conversion rate
1. You want to improve the conversion rate of your website. Discuss strategies and tactics you would implement, such as optimizing landing pages, improving website speed and performance, simplifying the user journey, integrating compelling call-to-actions, leveraging social proof, and conducting A/B testing to identify and implement the most effective changes.2. Your e-commerce website experiences a high rate of cart abandonment. Describe how you would address this issue, including implementing cart recovery emails, optimizing the checkout process, offering incentives, providing transparent shipping and return policies, and improving product descriptions and imagery to increase conversions and reduce cart abandonment.3. The bounce rate on your website is high, indicating that visitors are leaving quickly without taking action. Outline strategies to decrease the bounce rate, such as enhancing website navigation, improving page load times, delivering engaging and relevant content, implementing exit-intent pop-ups or offers, and optimizing the overall user experience to encourage visitors to stay and convert.🎞 Video of the week
Bill Gates Shocking New 2024 AI Prediction ( AGI + AI Agents) -
🎨 Image of the Week
Midjourney Prompt: A portrait of black panther animal with pencil hatching, monochrome sketch, greyscale gradient, and charcoal shading, Balanced asymmetry
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😉 See you all AI Junkies on Monday
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