🔥 Open source AI champs from China: Meet the startup leading the race!
PLUS: Will AI take your job?
Hey there, fantastic readers! Welcome to The AI Journal, where Wednesdays are about to get exciting. Get ready for a thrilling ride as we delve into the world of AI together. Buckle up and let's rock this Wednesday with some incredible insights and discoveries! 🚀🔥
For today we cooked:
🏆 This Chinese Startup Is Winning the Open Source AI Race
💰 Artisse AI raises $6.7M for its ‘more realistic’ AI photography app
✂️ Alphabet cuts ties with Australian AI firm that helped train Bard and Google Search
and more...
(Read time - 5 minutes)
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🔥What is hot in the market? Fresh news from the oven
Quick look:
🏆 This Chinese Startup Is Winning the Open Source AI Race
💰 Artisse AI raises $6.7M for its ‘more realistic’ AI photography app
✂️ Alphabet cuts ties with Australian AI firm that helped train Bard and Google Search
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Deep Dive:
😎 Will AI take your job? Probably not — human workers are cheaper.
Shares of Nvidia, a chipmaker specializing in state-of-the-art graphics processing units that power generative artificial intelligence, reached a record high, highlighting the growing demand for AI technology. However, new research from MIT suggests that the cost-effectiveness of AI may be limited, with human workers still being a viable and cost-efficient option.
💡 Highlights:
MIT Research Findings: MIT's analysis indicates that AI is cost-effective for less than 25% of the work it can technically perform. Building high-quality AI systems can be expensive, making human workers a more economical choice in many cases.
Focus on Computer Vision Systems: The research focused on computer vision systems, which analyze images or videos, such as reading X-rays or conducting quality control inspections. Adoption of automation in this area may make financial sense primarily for large-scale operations, while smaller businesses might not find it cost-effective.
Potential Disruption with Generative AI: New generative AI systems like ChatGPT have the potential to be more disruptive, as they can perform a wide range of tasks with less customization needed.
Costs and Customization: AI companies are charging low prices for their services, but these prices do not cover the extensive costs associated with training and usage of AI models. Customization of AI tools to minimize security risks or improve performance incurs additional expenses for businesses.
💻 Prompt of the Week
Best Prompts for brand storytelling
1. You want to improve your brand storytelling to create a deeper connection with your audience. Discuss techniques and strategies you would employ, such as identifying your brand values and purpose, incorporating relatable and authentic narratives, utilizing visual storytelling elements, evoking emotions, and consistently aligning your brand message across different platforms and marketing channels.2. Your brand storytelling lacks consistency and clarity. Outline steps you would take to refine your brand narrative and ensure a cohesive storytelling approach, including conducting brand audits, refining your brand messaging, developing brand guidelines, creating a brand storytelling framework, and training employees to effectively communicate and embody the brand narrative.3. Your brand storytelling lacks impact. Describe approaches you would use to elevate your brand storytelling, such as incorporating customer testimonials and success stories, highlighting the positive impact of your products or services on people's lives, leveraging user-generated content, utilizing multimedia platforms and formats, and collaborating with influencers or thought leaders to amplify your brand message.4. Your brand storytelling doesn't effectively differentiate your brand from competitors. Discuss strategies you would employ to craft a unique and compelling brand story that highlights your brand's USP (Unique Selling Proposition), communicates your brand's values, showcases your expertise or innovation, and demonstrates the benefits your brand offers to consumers in a distinct and memorable way.🎞 Video of the week
First Look at Rabbit R1 AI Device
🎨 Image of the Week
Midjourney Prompt: MidJourney portrait of an afro man with sunglasses | ink rotring marker art | blurred newspaper background | strong edges | psychedelic motifs | synthwave gradient effect --s 750 --ar 16:9 --v 6.0
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😉 See you all AI Junkies on Friday
Hey there, amazing readers! We're wrapping up an epic knowledge-packed journey in our newsletter, and you've devoured wisdom like supercharged brains. No need to strain here!
Get ready, because on Friday we're diving into another mind-blowing AI escapade. Keep your curiosity simmering and your laughter on the verge of bursting. Can't wait? Need a quick AI fix? Swing by our Twitter (@sousa_brothers) for some sizzling AI insights and brilliance hotter than a sparking bot's circuits!
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