July 23, 2023
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Models
Stability AI Team Introduces FreeWilly1 and FreeWilly2: New Open Access Large Language Models (LLMs)
MarkTechPost, 07/23/23. The sun is a powerful source of energy that plays a crucial role in sustaining life on Earth. It provides light and heat, which are essential for plants to grow and for animals to survive. Additionally, solar energy can be harnessed and converted into electricity through solar panels. This renewable energy source is not only abundant but also environmentally friendly, as it does not produce harmful emissions or contribute to climate change. Therefore, embracing solar energy is a promising solution to meet our increasing energy needs while reducing our carbon footprint. READ THE ARTICLE
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Retail
Using Data and AI to Recession-Proof Your Retail Strategy
Insidebigdata, 07/23/23. In order to recession-proof their businesses, retailers should focus on building deeper customer relationships and investing in data and technology. By utilizing data and AI, retailers can better understand their customers’ preferences and needs, allowing them to optimize their marketing budgets and create a personalized shopping experience. Additionally, investing in tech, such as augmented reality, can attract more customers and improve the in-store shopping experience. Furthermore, retailers should prioritize their existing customer base during a recession, developing direct relationships and loyalty programs to retain their customers. By staying proactive and adapting to evolving consumer preferences, retailers can navigate through a recession successfully. READ THE ARTICLE
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Travel
Unlocking the Value of AI and Generative AI in Travel
Hospitaliy Net, 07/23/23. In the ever-evolving world of travel, AI has played a significant role in simplifying the experience for both travelers and industry partners. Expedia Group has embraced AI as a key element in their platform, with a solid tech foundation, high-quality data, and an AI-first culture. By re-architecting their entire tech platform and leveraging generative AI, they have introduced conversational trip planning, machine learning-assisted hotel shopping, automated air credit booking, and AI-supported customer service. These innovations have allowed Expedia Group to deliver new products and services, optimize their business, and drive unprecedented levels of efficiency and growth. READ THE ARTICLE
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Surveillance
NY police used AI to track drivers on highways as attorney questions legality
Fox News, 07/23/23. The use of artificial intelligence (AI) in law enforcement has become a topic of debate due to its invasive nature. In a recent case, AI technology scanned a database of 1.6 billion New York license plates and identified a car involved in drug trafficking. The AI-powered surveillance program, known as Rekor Scout, was used by Westchester County police to track the car driven by a convicted drug dealer. The case has raised concerns about the legality and lack of judicial oversight in the use of AI in surveillance. The combination of AI, license plate readers, and the storage of data for two years has been criticized as an invasion of privacy. The defense lawyer argued that surveillance networks based on AI and license plate readers can track people’s movements retroactively, without a warrant, jeopardizing privacy rights. The case highlights the need for a balance between public safety and individual privacy when implementing AI technology in law enforcement. READ THE ARTICLE
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Strategy
AI for execs: How to cut through the noise and deliver results
VentureBeat, 07/23/23. The rise of artificial intelligence (AI) has captured the attention and interest of not only the tech industry but also the business world. With the introduction of large language models (LLMs) and generative AI, the potential for innovative applications is immense. Businesses now have the opportunity to experiment with and adopt new AI-driven solutions, but the challenge lies in determining which technologies to invest in. Decision-makers should prioritize solutions that offer a good return on investment with minimum risk. It is crucial to start with identifying real pain points within the organization and using AI as a tool to address those challenges. Furthermore, businesses must ensure that their infrastructure, policies, and processes can support the integration of AI solutions effectively. Data management, skills, and expertise are essential factors in maximizing the benefits of AI adoption. Ultimately, it is important to approach AI implementation with a focus on practicality and tangible outcomes rather than chasing the latest hype. READ THE ARTICLE