September 23, 2023
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EnTerprise
3 Month Payback: Why Companies Buy Generative AI Consulting
Forbes, 09/23/23. Generative AI, which uses chatbots to generate original content based on natural language prompts, is a technology that consulting firms are investing heavily in. Accenture, KPMG, and PwC are among those committing billions of dollars to AI development and employing thousands of AI experts. Companies are paying millions in consulting fees for help deploying Generative AI, expecting to recoup their investment within three months. By reducing costs and increasing revenue, businesses have seen significant benefits from Generative AI, such as reduced call center costs and increased customer satisfaction. Consulting firms with diverse skills and a strategic approach are proving to be successful in this field. As the demand for Generative AI consulting services grows, companies are likely to require additional support in areas such as cybersecurity, human capital advisory, and R&D. READ THE ARTICLE -
Models
Google is quietly handing out early demos of its GPT-4 rival called Gemini. Here’s what we know so far about the upcoming AI model.
Business Insider, 09/23/23. Google is preparing to release Gemini, its answer to OpenAI’s GPT-4. Gemini is a next-generation, multimodal AI model developed by researchers from Google’s combined AI divisions, DeepMind and Google Brain. It is being hailed as a significant advancement in natural language processing. Details about Gemini are still limited, but it is expected to process both images and text, offering features such as written analysis of visual graphs. The upcoming release has generated substantial interest and speculation, including debates about its superiority over GPT-4. Inspired by AlphaGo, Gemini combines the strengths of previous systems to deliver impressive language capabilities. Early versions of the model have been tested, suggesting potential advantages in accuracy and reduced incorrect answers compared to previous AI chatbot systems. READ THE ARTICLE
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Use Case
Sask based tech company develops AI grain grading app
Global News, 09/23/23. A Saskatchewan-based tech company has developed a groundbreaking app that helps farmers grade the quality of their grain. The app, called Grain Grading, counts grain kernels and checks for quality within seconds. The CEO of SuperGeo AI Tech, Weiping Zeng, who comes from a farming background, created the app to automate time-consuming tasks and remove subjectivity in the grading process. This app has the potential to revolutionize the agriculture industry and maximize farmers’ profits. Currently available only on Android, the app is set to be released on Apple’s app store soon. READ THE ARTICLE
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Art
AI-generated image of lonely island resembling PM Modi mesmerizes netizens
Mint, 09/23/23. An image created using AI-powered tools has captivated social media users, as it resembles India’s Prime Minister Narendra Modi. The image, shared on microblogging platform ‘X’ by artist Madhav Kohli, showcases a picturesque island with coconut trees that, upon closer inspection, forms the face of PM Modi. The tweet has received nearly 2,500 views, with reactions ranging from awe to curiosity about the app used to generate the image. Kohli revealed that he used Stable Diffusion, an AI platform that allows users to create descriptive images with shorter prompts and realistic aesthetics. READ THE ARTICLE
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Jobs
The pandemic completely disrupted work habits— Microsoft says it’s a promising sign for its new AI ‘copilots’
Fortune, 09/23/23. The pandemic has reshaped our perception of the workplace, and Microsoft is capitalizing on this by introducing AI helpers like Copilot. This AI-powered tool assists users with tasks ranging from writing emails to coding. Microsoft is integrating Copilot into its office tools, hoping to encourage widespread adoption. While the extent of employee acceptance remains uncertain, Microsoft executives are optimistic, citing the adaptability of humans and the positive response to remote work during the pandemic. The company aims to form new work habits and create champions within organizations to drive adoption. Analysts predict that Copilot could generate significant revenue for Microsoft, further motivating its integration into workplaces. READ THE ARTICLE