Outsmart The Future
Today in Everyday AI
7 minute read
🎙 Daily Podcast Episode: 2023 was the year of Generative AI. So what can we expect from AI in 2024? We’re counting down the top 5 ways AI will show up next year. Give it a listen.
🕵️♂️ Fresh Finds: An AI platform for holistic employee well-being, the US and China’s race to create AI-powered weapons, and how chatbots can guess our personal information. Read on for Fresh Finds.
🗞 Byte Sized Daily AI News: China’s Baidu gets an upgrade, NYC mayor unveils AI Responsibility Agenda, and how Walmart is leveraging AI for its customers. For that and more, read on for Byte Sized News.
🚀 AI In 5: Ready to revolutionize your productivity? Check out this ChatGPT hack that’ll literally save you HOURS a day. See how here
🧠 Learn & Leveraging AI: Ready to move on to 2024 and see what the future holds for AI? Us too! Let’s break down what to expect and how you can prepare. Keep reading for that!
↩️ Don’t miss out: Did you miss our last newsletter? We talked about AI's impact on society, OpenAI's $1.3 Billion in annual revenue, and an AI summarizer Chrome extension. Check it here!
5 Ways Generative AI Shows Up in 2024 💁
If we had to give a nickname to 2023 it would be the “Year of AI.”
The end of 2022 may have been the launchpad but AI really excelled this year.
So with each year giving us more and more from AI, what can we expect in 2024?
Josh Cavalier, founder of JoshCavalier.AI, joins us as we break down the top 5 ways that Gen AI will show up in 2024.
Also on the pod today:
• The future of prompt engineering ✍️
• Making AI more accessible ✅
• The importance of data collection with AI 📊
It’ll be worth your 38 minutes:
Subscribe and listen on your favorite podcast platform
Upcoming Everyday AI Livestreams
Wednesday, October 18th at 7:30 am CST ⬇️
Here’s our favorite AI finds from across the web:
New AI Tool Spotlight – softr lets you create business apps using a single prompt, expresso is an AI platform for holistic employee well-being, and Korl syncs your roadmaps and project data to create product presentations.
AI in Politics – The US and China are in a race to be the first to develop new weapons powered by AI. The outcome could have huge implications worldwide.
Read This – Researchers are concerned that AI chatbots’ ability to guess your personal information could lead to scammers or targeted ads.
1. Baidu Takes AI to the Next Level with ERNIE Upgrade 🚀
Baidu, often referred to as the Google of China, has just rolled out the latest version of its ERNIE AI model, and it's causing quite a stir in the tech world. This advanced model is designed to understand and interpret human language more efficiently, which is a big deal for everything from search engines to customer service.
2. NYC Mayor Unveils Groundbreaking AI Responsibility Agenda 🏙️
New York City is stepping up its tech game in a big way. Mayor Adams has announced a pioneering plan for the city, focusing on the responsible use of artificial intelligence. The plan is to ensure AI is used ethically and transparently, especially when it comes to government services. It's a bold move that could set the standard for cities around the globe.
3. U.S. Tech Giants' Market Cap Swells by $2.5 Trillion, Thanks to AI 📈
America's leading tech companies, including, Apple, Microsoft, Alphabet, Amazon, and more, have collectively increased their market value by a whopping $2.5 trillion! This surge is largely attributed to advancements and investments in AI, highlighting the significant impact this technology is having on the business world.
4. Walmart Leverages AI to Revolutionize Shopping Experience 🛒
Walmart isn't just about low prices anymore; they're diving deep into high tech. The retail giant is deploying AI in a big way to transform how we shop. From inventory management to personalized shopping, they're leveraging AI to make everything more efficient. Check out Walmart’s plan for a more personalized shopping experience.
5. U.S. Tightens Grip on AI Chip Exports to China 🚫
The U.S. government has decided to restrict exports of advanced AI chips to China. While this move aims to protect technological advancements and intellectual property, it's also causing some friction with U.S. businesses that have stakes in the Chinese market. Both NVIDIA and Intel have seen their stocks drop since the move from the US.
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🤷♂️ What’s Going On and Why It Matters:
Welcome to the future, humans.
(Hello crystal ball of AI! 🔮)
Josh is the founder of JoshCavalier.AI, where he serves as a GenAI teacher, consultant and speaker.
We always enjoy dorking out with others who spend their day-to-day in all aspects of Generative AI, so today’s episode was straight littered with AI goodies.
(Whoops, just dropped another insight.)
We talked about the future of AI, why it requires good processes and better data, and why you’ve gotta put humans first.
🦾How You Can Leverage:
Back in 2022, hardly anyone was talking about Generative AI.
Now, it can be tough to go a day without hearing about it.
Without a doubt, 2023 marked the rise of Generative AI.
We get it: AI ain’t nothing new. Certain industries and sectors have been leveraging Artificial Intelligence and machine learning for decades.
So what’s with the GenAI buzz? Well for the first time, AI is so easy your grandma can do it.
Tasks that used to be herculean are now pedestrian. Simple copy and pastes can create works of art or business strategies that could put consultancies to shame.
With all that momentum, you’re only likely to hear more and more about GenAI in 2024.
To get us prepared and focusing in the right direction, Josh Cavalier joined the show to make his picks on where GenAI will take us in 2024.
Josh shared his picks for 5 Ways Generative AI Shows up in 2024, and we’re here to break em all down for ya!
1 – Get your data right 📊
Something we always tell people when working with Generative AI: Garbage In, Garbage Out. The exact same can be said for data. Heading into 2024, you’ve gotta get your data game in check BEFORE diving into GenAI.
Dirty data sinks ships, y’all. For the past decade, data has been the new oil. It’s any company’s most valuable commodity.
Before diving into GenAI, or gaining a large language model on your data, you’ve gotta get your data clean. Whether it’s refining your data collection process, fixing structural errors, or sharing access to a database, your success in GenAI starts (and ends) with data.
2 – Automation + AI = Win 🔁
When it comes to leveraging Generative AI in 2024, combining automation with AI is a winning strategy.
As Josh pointed out, automation has already had a significant impact on personal workflows, allowing for the quick creation of multiple outputs. The integration of AI-powered automation tools like Zapier and Make into your workflows can streamline tasks and free up time for more creative endeavors.
But how can you put this into play?
Take a step back and document your workflows, both at the individual contributor level and for external customers. If you map out your workflow and understand your processes, you can make automation work for you.
3 – Personalization will prevail 👥
Guess what we think about all your AI generated content?
The downside of GenAI is it makes content almost TOO easy to create. So what’s that mean for consumers? We’re gonna get flooded with mediocre content on every medium.
That’s because most people are creating mediocre content en masse with GenAI.
If you’re going to use ChatGPT for content, as an example, you should be making sure it sounds less robotic and make it sound more like you.
What’s multimodal and why is it in our future? Multimodal is being able to use non-text for input and receive non-text for output.
The early days of AI chats were text in, text out. That’s already started to change, and will continue to shift that way in 2024.
5 – Prompt engineering is key️ 🔑
Even though GenAI models are becoming better at understanding simpler prompts, their capabilities are quickly changing. How to take advantage? Prompt engineering.
Don’t get confused by the fancy words. In short, prompt engineering is simply the practice of being able to get the most out of GenAI models with prompts.
Prompt engineering is definitely a skill. We always recommend learning by fire — or jumping in on your own and figuring it out. Like you probably did when you learned how to use the Internet. Josh has also provided a great free resource with some of his favorite educational prompts that can help you get up to speed a bit faster.
Now This …
What are your takes on AI in 2024? Will our brains be connected to computers? Will robots be our coworkers?
Hit us with a reply and let us know!