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Ex-McKinsey leader gives AI growth strategies 🌱

Sam Altman back as OpenAI CEO, 🌊 Navigating the AI tsunami for growth, and fast viral video editing with AI.

Author

Everyday AI
November 22, 2023

Outsmart The Future

Sup y’all!

Here in the United States, we’ll be celebrating Thanksgiving tomorrow. Our team is gonna (finally) take some time away from the OpenAI drama and rest up a bit.

Oh, have we told you how thankful for you we are? Sheeeeeeesh. Your feedback, support, emails and suggestions mean the world to us! (Keep em comin!)

(Oh, and thanks for making Everyday AI a Top 10 tech podcast in the entire friggin country!)

✌️ See ya Friday

Jordan

Today in Everyday AI
7 minute read

🎙 Daily Podcast Episode: Keeping up with AI can seem like a tsunami at times. (Especially the last week or so!) So we had an Ex-McKinsey leader break down AI growth strategies. Give it a listen.

🕵️‍♂️ Fresh Finds: Building iOS apps with AI, Inflection’s new AI model, and how AI is changing sports betting. Read on for Fresh Finds.

🗞 Byte Sized Daily AI News: Anthropic’s Claude 2.1, Sam Altman back as OpenAI CEO, and Italy investigating AI data gathering. For that and more, read on for Byte Sized News.

🚀 AI In 5: Looking for a fast and easy way to create viral video clips? We might have a solution. See it here.

🧠 Learn & Leveraging AI: Looking to navigate AI to create growth strategies for your business or career? Let’s break it down. Keep reading for that!

↩️ Don’t miss out: Did you miss our last newsletter? We talked about the future of OpenAI and Sam Altman's next moves, Stable Video Diffusion, AI drones in warfare, and MediaTek brings ChatGPT-like AI to smartphones. Check it here!

Navigating AI's Tsunami - Strategies for Recruitment, Retention + Growth 🌊

Keeping up with AI can be turbulent.

With tool ABC and AI model 3751 releasing on the DAILY, how can we make use of it all? Or even keep up?

And then, what strategies can we create to put AI to use to grow our companies and careers?

Usha Jagannathan, a Responsible AI Leader and Ex-McKinsey Engineer, joins us to discuss how to use AI for recruitment, retention, and growth.

Also on the pod today:

• Upskilling with AI ⬆️
• Example of an AI solution 🤖
• Identifying skills with AI 🧠

It’ll be worth your 34 minutes:

Listen on our site:

Click to listen

Subscribe and listen on your favorite podcast platform

Listen on:

Upcoming Everyday AI Livestreams

Friday, November 24th at 7:30 am CST ⬇️

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

New AI Tool Spotlight – Dubecos lets you translate your videos to multiple languages, Devzery is AI-driven software testing, and Trace lets you quickly build iOS apps.

Money in AI – NVIDIA sales continue to surge and there seems to be nothing that will stop it.

Big Tech - With all this OpenAI drama, Inflection is using the opportunity to creep up in the AI race with its new model.

Trending in AI – OpenAI and Microsoft are being sued by an author for copyright in AI training.

Pop Culture – AI is changing the sports betting scene and creating personalized betting platforms.

1. Anthropic's Claude 2.1 🤖

Anthropic has released Claude 2.1, an advanced chatbot. This new version aims to provide more reliable and truthful responses than its predecessors. It's part of Anthropic's ongoing efforts to create AI systems that are safe, steerable, and aligned with human values. Claude 2.1 represents a significant step in the evolution of conversational AI, offering enhanced user interaction and information accuracy.

2. Sam Altman's Return to OpenAI Amidst Internal Strife 😵‍💫

Sam Altman, the co-founder of OpenAI, has officially returned as CEO amid internal conflicts within the company. This move comes as OpenAI faces challenges related to its rapid growth and the development of its AI technologies. Altman's leadership is expected to steer OpenAI through these turbulent times, focusing on innovation and stability.

3. Italy's Privacy Watchdog Investigates AI Data Gathering 🛡️

Italy's data protection authority has launched an investigation into the collection of personal data for AI training. This probe aims to understand the extent and implications of data gathering practices used in AI development. The investigation reflects growing concerns about privacy and the ethical use of data in AI technologies. Italy's move highlights the need for regulatory oversight on AI.

4. Microsoft Expands AI Copilot to Windows 10 🌐

Microsoft has introduced its AI-powered Copilot feature to Windows 10, previously exclusive to Windows 11. This update allows Windows 10 users to experience AI assistance directly from their taskbar. Copilot offers capabilities like answering queries and generating text, enhancing the overall user experience. Microsoft's commitment to Windows 10, despite its approaching end-of-support date, demonstrates the company's focus on integrating AI across its platforms.

5. AI's Concentrated Power in Big Tech: A Growing Concern 🏢

Tech executives are increasingly worried about the concentration of AI development in a few large companies. This centralization could lead to excessive control over AI technologies by these firms. The rise of AI models like ChatGPT has sparked an AI arms race among tech giants, requiring immense computing power and data. Concerns are being raised about the societal impact and the control these companies could wield over AI's future.

Submagic Review: Fast viral video editing 🪄

Looking for a fast and easy way to create viral video clips that are engaging with captions and effects?

Submagic’s brand new AI features may just be the answer.

Well, kind of.

We're diving into Submagic, tackling the pros and the cons, to see if it’s worth your time and money!

Find out and check out today's AI in 5.

🤷‍♂️ What’s Going On and Why It Matters:

Recently, what’s going on in the GenAI world has felt like a storm. 

A tsunami even. (Looking at you, OpenAI board.) 

So, we set out today to chart the uncharted AI waters with an AI leader who helped us all make sense of the AI space. 

Usha Jagannathan is an Ex-McKinsey Engineer and a leader in the Responsible AI field. 

Usha helped us navigate the current landscape of growing your career and company in the ever-changing AI environment. 

What did we dive into? 

A ton. 

Usha shared practical examples from her time developing AI applications at McKinsey to how she advises startups and teaches AI in the classroom. 

Here’s a breakdown: 

How to emphasize fairness, transparency, and accountability in AI

  • Challenges faced by smaller companies in using AI

  • Discussion on diversity and representation in AI leadership

  • Importance of explainability using AI models in real-life situations

  • Importance of reskilling revolution in AI-related fields

  • Accessibility of AI learning and low-code/no-code solutions

Ready to tame the tsunami with us? 

Let’s dive in. (Water’s actually fine. We checked) 

🦾How You Can Leverage:

How can you grow your career or company? 

And what does AI have to do with it? 

Glad you (rhetorically) asked. 

Usha Jagannathan helped answer those questions and more. (It’s not too late if you wanted to join in on the conversation.) 

Here’s the roadmap on how you can find steady footing in the wild world of Generative AI, and some simple strategies for growing your company and career. 

1 – Don’t be scared of AI 👻️

Artificial Intelligence ain’t as hard as it used to be. 

Like Usha and Jordan talked about, you don’t have to have a PhD in computer science or be a deep learning expert to leverage AI. 

Usha mentioned no-code and low-code tools that make it easy to build solutions for your company. 

Try this: With these user-friendly tools, you can swiftly integrate AI into your projects and offerings. Fresh off a November 2023 update, go check out this spot-on guide from Akkio on 52 no-code AI tools. (Try one per week, maybe?) 

2 – Upskilling is required 🤹

Usha mentioned the importance of upskilling and reskilling.

What’s that?

In short, it’s continually learning new applicable skills, and sharpening older skills that are changing in nature. 

Why is AI upskilling more important than ever? 

The main reason why we need to reskill more often now versus in previous tech eras is because the world is changing faster than ever due to Generative AI, and the skills that are valuable today may become obsolete tomorrow. 

Try this: Usha pointed to this study from the Harvard Business Review about how an employee’s ability to retain applicable skills is quickly changing. The article shows that the half-life value of a skill a generation ago was 26 years. Today? It’s less than 5 years.

That’s why reskilling and upskilling is so important for workers and organizations to stay relevant and competitive in the rapidly changing world with GenAI leading the charge.

3 – Bottom up > Top down 🔝

Started from the bottom, now we… here? 

When it comes to AI, don't wait for your company's top management to figure it all out. 

You’ll likely get tired of waiting for the innovation train, or get passed up by competitors in the meantime. 

Usha and Jordan talked how a bottom-up approach can be clutch in driving AI adoption within your organization. If your company lacks robust AI policies or strategies, be the advocate who suggests and promotes them. 

By championing AI solutions, you can help your company recognize the immense value and potential it holds. 

Try this: Does the bottom-up approach sound a bit daunting or dicey? We get it. It might not be easy to be the AI innovator at your org. Here’s a detailed guide on best results for leveraging AI from the bottom-up. 

Now This …

What are you doing this Thanksgiving holiday?

We wouldn’t be here without you! ❤️

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