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The only newsletter that will give you real world tools and a competitive advantage in a future of human-machine partnerships:
1. Hottest Topic in AI this Week 🔥
Stay up to date on the latest news in AI, so you can use every tool to your advantage
How Apple Intelligence measures up
Apple unveiled Apple Intelligence at WWDC 2024, a comprehensive AI initiative emphasizing generative AI capabilities while prioritizing user privacy. Available across Apple platforms, it enhances Siri with contextual understanding and typing capabilities, integrates generative AI tools for writing, image creation, and more. Notably, Apple ensures most processing occurs on-device, enhancing privacy by minimizing cloud interaction and employing Private Cloud Compute for secure data handling.
This approach underscores Apple's commitment to protecting user data, distinguishing it in the AI landscape. Developers can access Apple Intelligence via beta releases, with a public rollout expected alongside iOS 18, iPadOS 18, and macOS Sequoia later in 2024.
Links:
What is Apple Intelligence? The new AI powers coming to your iPhone, iPad and Mac explained
Apple Loop: iPhone 16 Pro Software Revealed, Tim Cook’s AI Worries, Apple Blocks PC Emulation
2. Business of AI💰
Learn how to provide the most value for your business from AI
Customer-centric AI deployment
AI is revolutionizing how businesses understand customers by analyzing vast data to gain insights into consumer behavior. Yet, as Sona Abaryan of Ekimetrics emphasizes, companies must act on these insights to gain a competitive edge. Effective AI integration requires evolving decision-making processes and organizational structures. Ekimetrics, collaborating with brands like Estée Lauder and Nestlé, demonstrates the importance of placing customer data at the core of business strategy.
A holistic approach to customer centricity, beyond just software solutions, is crucial. Success involves optimizing all business operations based on primary data analysis to improve both short-term ROI and long-term customer lifetime value.
Links:
Using AI to Create Customer-Centric Business Strategies
Incorporating generative AI into your company’s technology strategy
3. Leveraging Generative AI 🔨
Generative AI tools can advance you and your business
Gen AI Video highlights the speed of AI innovation
The rapid progression of AI in video creation is evident with the launch of Luma AI’s Dream Machine, a tool that generates realistic videos from text. Unlike OpenAI’s Sora, Dream Machine is immediately accessible, allowing users to test its capabilities on Luma Labs’ website today.
The model stands out for its high quality and diverse scene generation. Luma AI’s mission to expand human imagination and capabilities is embodied in this tool, which leverages scalable and efficient transformer models trained directly on videos. This breakthrough underscores how quickly innovation occurs in the AI space, transforming video content creation before our eyes.
Links:
Look Out Sora: Luma Lab's Dream Machine AI Model is Here Today
Luma AI Debuts ‘Dream Machine’ for Rapid Video Creation
4. Trust and Ethics of AI 😎
Long-term success is dependent on using AI ethically
FCC names first AI robocall scam
The FCC has named Royal Tiger as the first AI robocall scammer. Led by Prince Jashvantlal Anand and Kaushal Bhavsar, this group uses AI voice cloning to impersonate government agencies, banks, and utilities. Despite FCC actions like cease-and-desist letters and blocking traffic, the group has already defrauded millions of Americans.
Experts warn of a rise in AI-enabled fraud in 2024, highlighting the need for public awareness and self-protection. To protect yourself, be skeptical of unsolicited calls, use call-blocking services, verify caller identities, avoid sharing personal information, and report suspicious calls to authorities.
Links:
How to Protect Yourself (and Your Loved Ones) From AI Scam Calls
US FCC Exposes First AI Robocall Crew, Dubbed ‘Royal Tiger’
5. This Week in Stories in AI
Stories in AI sits down with insiders to provide you with exclusive insight of the industry
Chirag Shah, a professor at the University of Washington and Co-Director of RAISE (Responsible AI Systems and Experiences), talks about the difference between AI automation and augmentation.