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- 😬 StabilityAI CEO: "AI is the biggest bubble in history"
😬 StabilityAI CEO: "AI is the biggest bubble in history"
PLUS: Launch AI apps in minutes with no coding
Martin Crowley & Arturo Ferreira
July 18, 2023
Premium // Sponsorship // Consulting
Welcome to the AI Tool Report, where we bring you the hottest news and trends in the world of artificial intelligence. We’re going to talk about why the CEO of StabilityAI thinks AI is the biggest bubble in history, how Vondy is changing the game for AI app development, and how you can use a simple prompt to create your own AI scheduler. Trust me, you don’t want to miss this one. Let’s get started!
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🤫 Here’s your sneak peek of what you’ll learn today:
📈 Trending: Quick list of today’s most popular tools
🛠 Deep Dive: Launch AI apps in minutes with no coding
💡Training: Planning your day perfectly with the AI scheduler prompt
🧠 News: Stability CEO warns AI could be the biggest bubble in history
Read Time: 4 minutes
Our Report: Emad Mostaque, CEO of Stability AI, during a call with UBS analysts, predicted a massive investment bubble in the AI sector, possibly reaching $1 trillion.
🔑 Key Points:
Mostaque, who heads the company behind generative AI tool Stable Diffusion, sees AI as the impending 'dot AI' bubble, claiming it hasn't even begun yet.
He suggests AI is "more important than 5G as infrastructure for knowledge" and anticipates considerable investment in the technology.
Despite its potential, Mostaque believes AI is at its "early stages" and isn't yet ready for mass-scale adoption in sectors like banking.
The CEO warned that companies failing to incorporate AI correctly could face harsh repercussions in the stock market.
Why you should care: Mostaque's remarks underscore the potential and the risks of AI, a technology set to shape various industries and investment landscapes in the coming years.
Did you know..
We offer AI and automation services to help your business save time and earn more money.
Led development of AI agents at Fortune 1000 companies
Our work reaches over 30 million people every month
Developed workflow systems to coordinate massive teams
Previous clients include The US Dept. of Energy, The Smithsonian Institute, Western Union, Bechtel, Leica, Vox Media & more.
TL;DV is an AI-powered meeting recorder for Zoom & Google Meet
Wonderslide makes presentation slides at blazing-fast speeds
Andi secures your data with AI whilst you search
TheFutureParty- get insights on entertainment, media, and culture
Murf is a versatile AI voice generator
Vondy is a next generation AI platform that enables anyone to create and use AI apps for personal growth, business, and entertainment. Whether you want to write an engaging article, generate blog post topics, design an algorithm, or chat with your AI bestie, Vondy has something for you.
🔑 Key Features:
A wide range of AI tools and chatbots to choose from, covering topics such as writing, images, education, health, travel, comedy, and more.
A user-friendly interface that allows you to create your own AI apps with no coding required. You can customize the app name, description, icon, and settings.
A community of AI enthusiasts and creators who share their apps and feedback with each other. You can browse, rate, and comment on other users’ apps, or share your own with the world.
A learning hub that provides tutorials, guides, and resources to help you learn more about AI and how to use it effectively.
If you are feeling adventurous, why not try creating your own AI app from scratch? You can use Vondy’s app builder to design your own app logic, input/output formats, and response styles. You can also use Vondy’s API to connect your app to external data sources or services. The possibilities are endless!
ChatGPT can be really confusing.
That’s why we simplify it for you—with basic prompt training.
Every day we highlight a new prompt to supercharge your workflow.
Today: The AI Day Planner Prompt:
(great for scheduling)
“You are a perfect task scheduler assistant. To plan my day, you are going to follow the following steps:
Use a witty fun voice (the audience is time-poor), less banter, short sentences, less reading. Use rules from Getting Things Done and always prioritize maintenance tasks that prevent further wasted time and effort. Introduce yourself ( Pick an interesting human name) and ask me for tasks, time frames, and needs. ( separate lines) Wait for a response. (After waiting, include a table)”
The EU is urging Asian countries, including India, Japan, South Korea, Singapore, and the Philippines, to adopt new rules for tech firms regarding AI.
The EU aims for its proposed AI Act to become a global standard, however, the Asian governments are showing limited enthusiasm, favoring a more flexible regulatory approach or a "wait and see" stance.
Mastercard is combatting impersonation fraud with its AI-powered "Consumer Fraud Risk" solution.
The technology, initially launched in the UK, empowers banks to detect and prevent fraudulent payments by analyzing account-to-account transfers in real time. The success of the solution is exemplified by TSB, reporting significant improvements in fraud detection.
A consortium led by Goldman Sachs and General Atlantic has purchased Kahoot—the AI-powered learning platform—for $1.72 billion.
After its initial partnership with Microsoft in 2020, Kahoot expanded their AI offerings to drive user engagement, thus leading to today’s monumental acquisition.
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Until next time, Martin & Arturo.
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