AI Can (Almost) Do Your CEO's Job

NVIDIA in trouble with DOJ, Chrome's new AI features, OpenAI takes safety measures and more!

Author

Everyday AI
August 02, 2024

Outsmart The Future

Sup y’all! 👋

Happy Friday.

Today’s episode, AI Can (almost) do your CEO’s job is a great one. Make sure you peep it.

Speaking of CEOs, we’ve been thinking of putting together a new CEO-focused training together, based on how to properly use different LLMs. (ChatGPT, Copilot, Perplexity, Claude, etc.)

Would you be interested? It’d be a paid course with a live training element, on-demand replays, certifications and networking. (We’re talking about hundreds of hours of expertise wrapped up in one super simple package.)

Would you be interested in a CEO-focused training?

Login or Subscribe to participate in polls.

✌️

(Let’s connect)

Today in Everyday AI
8 minute read

🎙 Daily Podcast Episode: CEOs hold a ton of responsibilities. But can AI take over their job? Our answer might surprise you. Give it a listen.

🕵️‍♂️ Fresh Finds: Google pulls its Gemini AI Olympic ad, Figure teases new AI/humanoid robot, Meta needs more computing power for Llama 4 and Google Cloud gets new AI capabilities. Read on for Fresh Finds.

🗞 Byte Sized Daily AI News: NVIDIA under new investigation by DOJ, Chrome gets new AI features and OpenAI partners with US AI Safety Institute For that and more, read on for Byte Sized News.

🚀 AI In 5: This feature from Perplexity might just change the world of AI SEO. See it here

🧠 Learn & Leveraging AI: Can AI really take over as a CEO? Here’s what you need to know before you try it for yourself. Keep reading for that!

↩️ Don’t miss out: Did you miss our last newsletter? We talked about Google Gemini dethroning ChatGPT, EU AI Act goes live, OpenAI becomes Microsoft competitor, Meta's AI strategy and AI and the future generation. Check it here!

AI Can (Almost) Do Your CEO's Job 🧑‍💼️

CEOs take on a ton of responsibilities to help keep a company running.

Do you think that AI can make the same kind of decisions as a CEO?

Greg Shove, CEO of Section, joins us to discuss.

Join the conversation and ask Jordan and Greg questions on AI and CEOs here.

Also on the pod today:

• AI's Role in Decision Making 🤔
• AI Education and Importance 🧑‍🏫️
• AI Adoption in the Organization 🏢

It’ll be worth your 34 minutes:

Listen on our site:

Click to listen

Subscribe and listen on your favorite podcast platform

Listen on:

Here’s our favorite AI finds from across the web:

New AI Tool Spotlight – Wordware helps build AI agents using natural language, mgmate is a 1 on 1 copilot for managers and Fleso is HIPPA compliant AI generated workflow automation.

Trending in AI – Google has pulled its controversial Gemini AI Olympic ad.

Meta - Mark Zuckerberg says that Meta will need 10x more computing power to train Llama 4 than it did Llama 3.

Google – Google Cloud has expanded its database portfolio with new AI capabilities.

Google DeepMind - DeepMind has released Gemma Scope, tools that help to decode how Gemma 2 models works.

AI Copyright – AI music startup Suno says that training models on copyrighted music is fair use.

LLMs – Poe has released its new text-to-images models, Flux.1.

AI Robotics — Figure, a robotics company backed by NVIDIA, previewed its newest AI-powered humanoid, F02. There’s not a lot of details yet, but they dropped an August 6 announcement date and a teaser video here.

1. NVIDIA’s AI Dominance Under Investigation By DOJ 🧑‍⚖️

NVIDIA is in hot water as the U.S. Department of Justice investigates claims that the chip giant is abusing its market dominance in AI chips. Reports reveal that the DOJ has reached out to competitors like AMD to gather intel on whether NVIDIA has been jacking up prices for customers who dare to buy rival chips.

Additionally, they’re looking into allegations that NVIDIA has pressured clients into purchasing extra products, like cables for server connections. The company insists they’re just playing fair, stating they “win on merit” and are ready to provide any info regulators need.

2. Google Chrome Unleashes New AI Features 🔎

Google's Chrome is enhancing the browsing experience with three innovative AI features set to launch soon. First, users will be able to use Google Lens directly from their desktop to search for images and text without leaving their current tab. The new Tab Compare feature will provide an AI-generated overview of products across multiple tabs, streamlining online shopping.

Additionally, an improved history search will allow users to rediscover previously visited sites using natural language queries, making the process much more intuitive.

3. Apple's iPhone Sales Surprise and AI Ambitions Heat Up 🔥

Apple has reported stronger-than-expected iPhone sales, with a modest 0.9% decline in Q3, significantly better than the anticipated 22% drop. Chief Financial Officer Luca Maestri expressed optimism about the upcoming iPhone 15 family, which will feature a significant software upgrade focused on artificial intelligence.

However, the company continues to face challenges in China, where sales fell 65%, though this marks an improvement from an 81% decline in the previous quarter.

4. OpenAI Partners with US AI Safety Institute 🛡

Sam Altman announced that OpenAI is partnering with the US AI Safety Institute for early access to their upcoming foundation model, although a release date has not been specified. He emphasized the commitment to dedicate 20% of computing resources to safety, a promise initially made to the defunct Superalignment team.

Additionally, OpenAI has removed non-disparagement clauses for employees and provisions that allowed for the cancellation of vested equity.

5. CISA Appoints Its First Chief AI Officer 👤

The Cybersecurity and Infrastructure Security Agency (CISA) has officially hired its first Chief AI Officer, a role mandated for all federal agencies since March. This appointment is particularly noteworthy as CISA addresses critical issues like foreign influence and election security.

This new position signals the agency's commitment to enhancing its capabilities in an increasingly digital landscape, especially following the controversies surrounding the 2020 election.

Perplexity Pages: Boost Your SEO and Content Game

This feature from Perplexity might just change the world of AI SEO.

We dive into Perplexity Pages — an innovative feature that can make publishing easier and more efficient and help users get noticed in search results.

🦾How You Can Leverage:

Picture this: You’re prepping for a crucial board meeting. 

Eek? 

No sweat. 

Your AI assistant has already prepped the slides, crunched data on all your competitors, drafted emails to your shareholders, and even simulated the board meeting scenarios. 

You, the CEO, just kinda do what your smart AI tells you to do. 

We may not be there juuuuuuuust yet, but the AI tech is already there. 

This is the power of AI, and it’s time to get on board.

In our latest episode, we teamed up with Section CEO Greg Shove to tackle a burning question: Can AI (kinda) do your CEO’s job? 

Answer: Yeah. (Kinda.) 

Lezbehonest — there’s a HUGE divide right now when it comes to what C suite leaders are saying about AI and are doing about AI. 

The majority of C-suites are saying AI is their top priority. Yet, so few companies are ACTUALLY implementing AI. 

If you’re the leader of a company, how do you change that? 

We tackled that big ol elephant in the room head on with Greg. 

Ready? 

Let’s dive into the insights like synchronized divers from the platform. 

3, 2, 1 juuuuuuump 

1 – AI + efficiency = job cuts ✂️

That’s how Greg started off the show, and we totally agree. 

Don’t lie, you greedy CEO you. 

TBH, we’ve talked with some of the smartest people in the world in AI. And in the end, the end goal of AI is all about efficiency. 

What’s that got to do with it? 

Well, lettuce tell you why, young Grasshopper.

So many humans on your team don’t wanna get on the AI train cuz they think that it’s gonna mean the end of their job. 

And the reality is — it might be.

And that’s not necessarily a bad thing. The nature of work is changing, a weird reality you gotta face head on. 

Stick with us here. It’s not all doom and Gloom. 

Before you can actually and properly implement AI in your company, you’ve gotta have “The Talk.” with your other leaders and employees. 

Try this: 

Ready for the bajillion dollar question that will instantly lead to a higher rate of AI implementation at your company? 

“What happens WHEN AI works?” 

(The whole AI ethics discussion.) 

Do you go to a 4-day work week? 

Do you take on completely new lines of business? 

And what do all of your smart, loyal employees do after you reach a Nirvana state of LLM-fueled automation? 

Because if so many companies find 60-70% increased productivity in the coming years, that means a lotta human hours now relegated to watching smart LLMs and AI agents whizz through manual domain work in seconds that used to take the smartest humans days. 

Answer the ‘What happens when’ question.

This episode is a must-listen: 

2 – AI: Your 24-7 Board Member 👤

This is an experiment that we’re HERE FOR!

In today’s show, Greg walked us through how he’s even having his board members prep for meetings with LLMs. 

Greg's board feeds their board deck to AI - specifically GPT and Claude. But they're not just asking for a simple review.

They're getting the AI to adopt different board member personas.

Think aggressive growth-focused investor, conservative CFO type, and tech-savvy product guru.

The AI analyzes the deck from these various perspectives, providing insights and raising questions a diverse board would typically bring up.

Now, here's the kicker: After the real board meeting, Greg's team compares the AI's feedback to what the human board actually said.

The results?

Claude is consistently scoring 90-93% accuracy, with GPT close behind at 89-90%.

Sheeesh. 

Try this:

Even if you’re not a CEO, you can try this lil trick. 

Before your next big meeting or decision:

1. Upload your presentation or proposal to an AI like Claude or GPT-4.

2. Ask the AI to analyze it from multiple perspectives. For example: "Review this as a risk-averse investor," "Analyze this from the viewpoint of an expansion-focused board member," and "Critique this as a technology expert."

3. Use the AI's feedback to refine your proposal and prepare for potential questions or objections.

4. After the real meeting, compare the AI's insights with the actual feedback you received. Use this to continually improve your AI prompts and decision-making process.

3 – Breaking the AI Adoption Sound Barrier 💥

Greg's insights on AI adoption are eye-opening.

Despite the hype, most companies are struggling to implement AI effectively.

Section's recent survey of 1,000 knowledge workers revealed a stark reality: only 8% were what they considered "AI-ready."

Yikes.

Try this:

To boost AI adoption in your company:

1. Identify AI champions: Look for employees who are naturally curious about technology and open to new ways of working.

2. Invest in tools and training: Provide paid accounts for AI tools and comprehensive training on effective prompting and AI use cases.

3. Start with high-impact, low-risk tasks: Encourage your team to use AI for tasks like summarizing long documents, drafting emails, or analyzing data trends.

4. Create a feedback loop: Set up regular sessions where employees can share their AI wins and challenges. This not only helps refine your AI strategy but also creates positive peer pressure for adoption.

5. Lead by example: As a CEO, use AI in your own work and openly discuss how it's impacting your decision-making and productivity.

So can AI (almost) do your CEO’s job?

Today, it’s getting close.

Better prepare for tomorrow.

⌚

Numbers to watch

33%

Approximately 33% of total insurance tech funding in Q2 went into AI-focused insurtechs.

(Or your fave LLM like Claude, Gemini, Copilot, etc)

Now This …

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