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This Week’s Insights
Zoom Doppelgänger: Does This Mean We Don’t Have to Attend Meetings? 👭🏼
Zoom is stepping up its AI game with an exciting new feature that allows you to create a custom AI avatar of yourself to handle video messaging tasks. This digital doppelgänger is crafted from an initial video recording, mimicking not just your appearance but your voice as well. The avatar can deliver short messages using Zoom’s Clips feature, making it a nifty tool for maintaining communication without being glued to your screen. Zoom is also mindful of potential deepfake issues, embedding advanced authentication, watermarking, and strict usage policies to ensure security. For just $12 a month, the custom AI Companion add-on allows you to send these avatars on your behalf, leaving you free to focus on other tasks—or maybe even take a well-deserved break. Even without the add-on, users with paid subscriptions can utilize preset AI avatars for quick updates, making this innovation accessible to a broader audience. Will you be letting your avatar attend meetings for you??!
Third-Parties May Be In Your Business: X’s New Privacy Policy
Heads up, X users! The social media platform, formerly known as Twitter, is updating its privacy policy to allow user data sharing with third-party collaborators for AI model training, effective November 15. This shift opens the door for AI firms to utilize user data, enhancing AI’s ability to mimic human-like decision-making. While this strategy could usher in a lucrative revenue stream for X amid dwindling ad sales, it raises privacy concerns. Users can opt out, but navigating the settings to disable data sharing remains somewhat opaque.
This policy tweak aligns X with other platforms like Reddit and Le Monde, who have also embraced data licensing. By allowing third-party access, X positions itself to capitalize on its vast data reserves. However, it also introduces stricter penalties for excessive data scraping, with fines for accessing over one million posts in a day. This balance between monetizing data and safeguarding user privacy highlights the critical role of user consent and control in the evolving digital landscape. I definitely prefer more privacy to the open-to-the-highest-bidder model.
Nvidia’s Surpasses Apple as the World’s Most Valuable Company
Nvidia achieved a milestone with its shares hitting a record close, putting it within striking distance of surpassing Apple as the world’s most valuable company. Riding on the wave of demand for its AI processors, Nvidia’s stock surged by 2.4%, reaching a market value of $3.39 trillion. This leap comes amid intense competition in the AI arena, where major players like Alphabet, Microsoft, and Amazon vie for dominance. Nvidia’s ability to capture investor interest showcases its pivotal role in the AI technology landscape, with analysts from TD Cowen emphasizing that the stakes are high for companies not keeping pace in the AI race. Despite a delay in the production of its next-gen Blackwell chips, the demand for existing chips remains robust, underscoring Nvidia’s strong market position. Interesting change in the leaderboard (or should we say motherboard 😉) for sure.
Reliability and User Engagement at the Forefront of Google AI Studio Update
Google AI Studio is gearing up to revolutionize its platform with two exciting new features: Canvas and Search Grounding. The Canvas feature is in its early development stage, offering a glimpse into its capabilities with a simple tic-tac-toe game. This feature is distinct from OpenAI’s Canvas, as it focuses on integrating interactive elements into the AI environment rather than serving as a text and code editor. It’s poised to enhance user engagement by providing a more interactive interface, potentially transforming how users interact with AI.
Meanwhile, the Search Grounding functionality is set to launch on October 25, 2024. It promises to boost the accuracy and reliability of AI responses. By grounding these responses in factual information from trusted sources like Google Search, users can expect more precise outputs. They can also expect more dependable results. It’s great to see some advancements to Google AI. Especially since they have been much more conservative than the rest of the industry.
Referencing Internal Knowledge Sources in Perplexity Launched 🔍
Perplexity is shaking things up with the launch of Internal Knowledge Search and Spaces, transforming how we dig for information by allowing searches across both the web and internal files seamlessly. This feature, available for Pro and Enterprise Pro users, is already helping teams like financial services and HR streamline research and speed up processes like due diligence and employee inquiries. Meanwhile, Perplexity Spaces research and collaboration with customizable hubs for idea sharing and AI assistance, all in a secure platform. With upcoming third-party integrations, your research toolkit is set to expand even further. The added value of being able to source your own files is tremendous. I imagine other competitors will be doing the same, if they have not already.
Taxpayers Save Over $4 Billion with AI Fraud Detection
In a groundbreaking move, the Treasury Department’s embrace of artificial intelligence has safeguarded over $4 billion in taxpayer money by enhancing fraud detection capabilities. By leveraging machine learning, the department effectively identified risky transactions. It saved $2.5 billion. Recovered $1 billion from check fraud. And prevented $500 million in potential losses through improved screening. This initiative underscores the power of AI in financial oversight. It paves the way for other federal agencies to adopt similar strategies for fiscal efficiency. Think we might see some of that in our own bank accounts?!
Tools We Used This Week 🧰
You.com – AI-powered search engine that provides direct answers to queries with all sources sited! You.com genius mode can do math! (Get 3 months FREE with code AIXYOUPRO)
Opus Clip – Chop up long form videos into short form content for social media.
Gamma – AI tool for creating presentations, documents, and websites quickly.
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