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Google just took a HUGE shot at Microsoft 😳

Google calls out Microsoft's security, EU AI Act to go live, Scarlett Johansson calls out OpenAI and more!

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Everyday AI
May 21, 2024

Outsmart The Future

Today in Everyday AI
6 minute read

🎙 Daily Podcast Episode: Nonprofits can really benefit from AI but there needs to be some groundwork laid out before you can succeed. We give you the key you need. Give it a listen.

🕵️‍♂️ Fresh Finds: World leaders discuss AI at Seoul Summit, Scarlett Johansson responds to OpenAI’s voice clone and Microsoft’s new recall feature explained. Read on for Fresh Finds.

🗞 Byte Sized Daily AI News: EU AI Act to take effect, Google takes shot at Microsoft’s security and AI companies unite for AI pledge at Seoul Summit. For that and more, read on for Byte Sized News.

🚀 AI In 5: Here’s a simple ChatGPT hack to get better and more in-depth data analysis. See it here

🧠 Learn & Leveraging AI: So how can you incorporate AI into your nonprofit? We lay out some steps you can take. Keep reading for that!

↩️ Don’t miss out: Did you miss our last newsletter? We talked about Microsoft's big AI moves, Apple and OpenAI's partnership, Musk looks for Tesla AI control Check it here!

How Nonprofits Can Benefit From Responsible AI 👍

One group that can really benefit from generative AI is nonprofits.

But what are the obstacles that nonprofits need to work around? How can they implement AI responsibly and successfully?

Luckily we brought on a guest who has worked with more than 10,000 nonprofits.

Nathan Chappell, Chief AI Officer at DonorSearch AI, is showing us the way.

Join the conversation and ask Jordan and Nathan questions on AI and nonprofits here.

Also on the pod today:

• Impact of Generative AI for Nonprofits 🛂
• Traditional Fundraising vs. generative AI 💸
• Digital Divide in Nonprofit Sector 👥

It’ll be worth your 35 minutes:

Listen on our site:

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Subscribe and listen on your favorite podcast platform

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

New AI Tool Spotlight – Ocotoverse lets you build fast and affordable AI agents, Timmy is an AI financial assistant and Universal-1 is a multilingual speech model.

Trending in AI – Scarlett Johansson has put out an official statement in regards to GPT-4o’s AI voice dupe.

AI in Society – World leaders are expected to adopt a new agreement on AI at the AI Seoul Summit.

OpenAI – OpenAI has shared a new safety update as part of the AI Seoul Summit.

Big Tech - Here is Microsoft’s CEO explaining the new Recall AI memory feature.

Money in AI - Scale AI has secured an additional $1 billion in funding.

AI in Politics – U.S. Federal agencies are warning of the threats AI will pose to this year’s presidential election.

1. Microsoft Build Day 1: GPT-4o in Azure, Copilot agents, and more 🚀

Microsoft's Build 2024 conference was filled with excitement as CEO Satya Nadella led the keynote and shared Microsoft's two dreams for AI advancement in the next decade.

Two big announcements include the addition of GPT-4o to Azure OpenAI and Copilot AI agents. The event also showcased Microsoft's ambitions with Arm-based CPUs, Team Copilot, and Snapdragon Dev Kit Windows experiments. With promises of AI advancements and powerful PC experiences on the horizon, tech enthusiasts are eagerly anticipating what's to come.

2. Google Takes a Swing at Microsoft Over Security Woes 😳

Google is throwing some major shade at Microsoft, pointing to a report that calls out Microsoft's lack of commitment to security which led to serious breaches. The tech giant suggests governments opt for secure-by-design systems and steer clear of relying on a single vendor for all tech needs.

Meanwhile, Microsoft is scrambling to regain trust after being hit by Russian hackers stealing executive communications and source code.

3. Leading AI Companies Pledge to Safeguard Tech at Seoul Summit 🫡

The world's top AI firms commit to ensuring the safety of AI technology by addressing potential risks and promoting innovation. The Seoul summit, a follow-up to the UK's AI Safety Summit, brings together global leaders and tech giants to discuss AI safety and accountability.

This two-day meeting, co-hosted by South Korea and the UK, involves major tech companies like Meta, OpenAI, and Google, who have pledged to prioritize safety, accountability, and transparency in developing cutting-edge AI models. 

4. Europe's AI Act To Be Set in Effect 🧑‍⚖️

Europe's landmark AI Act, endorsed by EU countries, sets a global benchmark for regulating AI used in everyday life. The comprehensive law emphasizes trust, transparency, and accountability in the use of AI technologies, aiming to boost innovation across European societies and economies.

Notably, the Act imposes strict fines for violations, ranging from 35 million euros to 15% of global turnover, pushing companies to comply with the rigorous regulations.

5. IBM Unleashes Open-Source AI Models 🚀

IBM is releasing a set of AI models, dubbed "Granite," to the public for customization, challenging the industry norm of keeping such technology under lock and key. The tech giant's strategy focuses on enabling customers to leverage AI models effectively, even if they don't originate from IBM, promoting healthy competition in the market.

Furthermore, IBM will aid Saudi Arabia in training an Arabic language model called "ALLaM," expanding language capabilities and dialect recognition.

5. AI Skills Pay Big Bucks PwC Study Reveals 🤑

Artificial Intelligence skills are the new cash cow, offering a 25% higher wage than jobs without AI requirements in the US. PwC's research uncovered that the UK and Canada also offer 14% and 11% wage premiums respectively for AI-related roles. The demand for AI skills is surging, with job listings growing 3.5 times faster between 2012 and 2023 compared to all jobs.

A Simple ChatGPT Hack For Better Data Analysis!

Click Image To Play Video 👆

If you want the most out of ChatGPT, here’s a hack to get better info out of Data Analysis.

Get better breakdowns of your data from spreadsheets and PDFs for more accurate data analysis with this hack

Or see this related video:

🦾How You Can Leverage:

Nonprofits are often thought of as dinosaurs when it comes to technology. 

(Hey, we can say that. Jordan worked at a nonprofit for 10 years.) 

But guess what groups can often benefit the most from Generative AI? 

You guessed it… nonprofits! 

So what are the barriers, and how can nonprofits leverage this cutting-edge tech while still respecting donor data and keep trust with stakeholders? 

Eeeeek. Sounds tricky. 😬

Well, it would be if we didn’t have Nathan Chappell showing us the way. 

Nathan is the Chief AI Officer at DonorSearch AI and has worked with more than 10,000 nonprofits, so he knows an answer or three on how nonprofits should be using AI for growth. 

(OK, he might know all the answers.) 

Whether you’re in the nonprofit sector or not, Nathan’s got a bag of insights. 

He’s been in the nonprofit space for decades and has years of Artificial Intelligence and Machine Learning experience. 

In other words, Nathan knows what’s what when it comes to properly leveraging AI. 

Let’s get to it, and recap what you need to know for how nonprofits (and others!) can benefit from AI in a responsible way. 👇

1 – Start small with trust 🤏

This might seem like tired advice when it comes to Generative AI implementation. But for nonprofits, you’ve gotta start with the smallest steps possible.

Oftentimes, nonprofits get left behind in the digital dust. 💨

For decades, enterprises have been years ahead of many nonprofits in terms of tech know-how. With GenAI, though, it can help level the playing field.

But nonprofits have to start small, and start with trust and explainability. Nonprofits need to be able to explain to volunteers, donors and others exactly how they’re using Generative AI and what outcomes they’re achieving in doing so.

Try this:
Luckily, DonorSearch has a complete guide to help nonprofits not only leverage AI, but how to do it while keeping trust high.

Go check out this explainer for nonprofits on what they need to know about Generative AI.

2 – Mind the GenAI gap 🤖

Can Generative AI be a bridge that closes the Generative AI gap? 

Absolutely. 

But, Nathan says it can always make the gap worse between tech-savvy orgs and those nonprofits struggling with GenAI. 

Here’s how: 

  • He stresses that while generative AI can indeed bridge the digital gap, there's a cautionary note that failing to adopt AI can lead to nonprofits falling further behind, emphasizing the exponential nature of AI advancement.

  • Nathan provided the practical advice for nonprofits to start small, take baby steps, and continuously learn about AI to stay relevant and competitive in the evolving landscape.

  • But, Nathan highlighted the fact that up to 60% of jobs may be impacted by AI.

And in the nonprofit space, that impact could hit hard. Especially with Generative AI making it so easy for organizations to quickly catch up in tech efficiencies where they've historically lagged behind. 

So while GenAI can be a tool that bridges, it can also be a tool that unfortunately makes the gap even wider between the GenAI haves and the have-nots.  

Try this: 
Although not related to nonprofits, this report from McKinsey about the future of work in America with AI is a must-read. 

3 – Predictive AI + Generative AI 🤝

The future of nonprofits crushing it? 

Operating at the intersection of Predictive AI and Generative AI. 

What’s the difference? 

Nathan kept it simple: Generative AI creates things, whereas predictive AI predicts things. 

Bring them together? You get precision and personalization at scale. 

Try this: 
Nathan gave the example of Carvana operating at the intersection of predictive AI and Generative AI. 

They used customer data to predict what type of car they would like, then generative AI to create personalized videos for 1.3 million customers. 

Go read more about how Carvana accomplished this. 

⌚

Numbers to watch

4.8x Faster

Labor productivity in industries most exposed to AI is growing 4.8 times faster than in other sectors.

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