Articles

Summary: DigiBuild, a supply chain and building material software company, has been using OpenAI's ChatGPT to improve efficiency and cut costs for months. DigiBuild CEO, Robert Salvador, says the AI tool has revolutionized the construction industry and will be "market changing." DigiBuild is the first to introduce ChatGPT into the construction supply chain. The company has an exclusive Slack channel with OpenAI. With the help of ChatGPT, DigiBuild has reduced the time it takes to find suppliers and communicate with them from hours to seconds. The new technology has saved one of DigiBuild's clients more than half of the cost of a project. The CEO expects AI technology to become widely adopted in the industry. AI set to transform construction industry  Fox Business

Summary: Ctrl, a company that helps revenue teams simplify and automate customer-related tasks, has raised $9 million in a funding round led by LocalGlobe and Earlybird, with participation from Dig Ventures and Jibe Ventures. Ctrl integrates with CRMs like Salesforce and Hubspot, works with tools such as G-Suite, Slack, and Jira, and offers an interface that provides CRM data and call notes, emails, and insights. The company's AI-powered tool generates follow-up emails for human review, suggests updates to specific CRM fields, and offers tailor-made follow-up actions based on customer interactions. Ctrl helps revenue teams spend more time with customers and potential prospects by eliminating low-value, manual, and repetitive work. Ctrl's team is on a mission to revolutionize ho...

Summary: Dropbox is laying off around 500 employees, 16% of the company's workforce The layoffs are attributed to a rocky economy, but also to allow for building out the AI division Dropbox will consolidate its core and document workflow businesses and make adjustments to product development teams Dropbox is still profitable despite tough economic times and the layoffs are part of natural maturation of the business CEO Drew Houston is determined to ensure that Dropbox is at the forefront of the AI era Affected employees will receive a minimum of 16 weeks of pay, up to six months of healthcare, career coaching, and job placement support. Dropbox is laying off 500 people and pivoting to AI  The Verge

Summary: Snapchat recently rolled out its My AI chatbot to all users. The chatbot is powered by ChatGPT but has some differences, including customization options. Some parents are concerned about the chatbot's potential impact on younger users and the blurring of lines between human and machine. Backlash from users has also arisen over privacy concerns, creepy exchanges, and an inability to remove the feature from chat feeds without a premium subscription. Democratic Sen. Michael Bennet has raised concerns about the chatbot's interactions with younger users, including reports that it suggests ways to lie to parents. While some users find value in the chatbot, others have voiced their concerns, and the mixed reactions highlight the risks of introducing generative AI technolog...

Summary: The Republican National Committee (RNC) released a 30-second political ad that uses AI-generated imagery. The ad envisions a dystopian future during a second term of President Biden, with images of an "emboldened" China invading Taiwan, financial markets in free fall, and an overrun U.S. border with "illegals." The ad is likely to become more common as AI technology proliferates, with campaigns testing out the tools to enhance speeches, fundraising pitches, and other messaging. The ad represents the most explicit use of AI technology for political messaging to date. The Democratic National Committee criticized the ad, saying the GOP "can't argue with President Biden's results." Some GOP ad makers and operatives criticized the ad's reliance on fake imagery. AI-gene...

Summary: AI chatbots could be used to improve children’s reading and writing skills within the next 18 months, according to Microsoft co-founder Bill Gates. Gates explained that AI chatbots such as OpenAI’s ChatGPT and Google’s Bard have developed rapidly and can now compete with human-level intelligence on some standardized tests. Chatbots’ ability to recognize and recreate human-like language can help improve writing skills, summarize text, and offer feedback on essays. AI chatbots must improve their ability to read and recreate human language to better motivate students before becoming a viable tutor. Gates believes that chatbots could help make private tutoring available to a wide range of students who may not otherwise be able to afford it. While some free versions of cha...

Summary: Google consolidated AI research labs Google Brain and DeepMind into a new unit called Google DeepMind This move aims to maintain Google's edge in the competitive AI industry and compete with OpenAI Google DeepMind will accelerate AI advancements while maintaining ethical standards The new unit will work closely with other Google product areas to deliver AI research and products Google Research will remain an independent division focused on fundamental advances in computer science The consolidation will bring together world-class talent in AI to create the next generation of AI breakthroughs and products Google DeepMind has jointly developed several groundbreaking innovations, including AlphaGo and AlphaFold Jeff Dean, Google's chief scientist, will take on an elev...

Summary: Fiverr's Business Trends Index shows a surge in demand for AI expertise due to the ongoing skills shortage in the tech industry. Accounting and Finance services have seen an 835% increase over the past six months, indicating a demand for AI and machine learning technologies to streamline financial processes and optimize operations. The report also highlights the growing trend for AI in creative industries, with AI art seeing a 6,223% increase in searches in the UK over the past six months. Despite economic challenges caused by the pandemic, there has been a significant uptick in Business Naming services (+51%) and Website Development (+92%) over the past six months, indicating that UK businesses are still being founded and continuing to back themselves to thrive during th...