Forget Slack. Here's what you should be using instead

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Welcome to the latest edition of the AI Scout newsletter! This week, we have a lot to cover, from the impact of AI on real-world implementation to the latest advancements in AI technology. Let's dive in.

First up, we have some fascinating insights from the AI Impact tour, which sheds light on how companies are transitioning from the ideation phase to real-world implementation of AI solutions. Speakers from the AI Impact Tour went into the practical application of AI and its influence on various industries. This information is invaluable for developers and businesses looking to use AI in their products and services.

Meanwhile, in other AI news, the concept of new AI assistants powered by ChatGT 4o with the ability to express emotions, including laughter. They pose the question: Is the world ready for this level of emotional interaction with AI? If you're interested in the cutting-edge chatbot technology, stay tuned for the latest update on ChatGPT 4.0. This iteration promises real-time audio and video conversations, allowing users to engage with an emotional chatbot.

Lastly, we'll explore the complexities of AI language models, particularly focusing on the challenges and potential enhancements in the development of modern AI.

Topics

  • Startup News

  • AI Tools for Better Image Processing

  • The AI Impact Tour

  • A New ChatGPT 4

Startup News

David Sacks' startup Glue AI, has launched a new conversational AI tool, aiming to replace Slack and Microsoft Teams. The tool uses machine learning to perform tasks such as scheduling meetings, answering queries, and providing reminders. Glue AI hopes to revolutionize office communication, making it more streamlined and efficient.

AI Tools for Better Image Processing

  • Thumbmachine is an AI-powered platform that assists users in efficiently creating engaging YouTube video thumbnails. With an intuitive interface and automated design tools, Thumbmachine streamlines the process of thumbnail creation and optimizes results.

  • Extracta.ai is an AI-driven platform designed for the efficient extraction of data from various types of documents without requiring manual setup or complex training.

Find more AI tools to give you better image processing and generation here.

Learn How AI Impacts Strategy with MIT

As AI technology continues to advance, businesses are facing new challenges and opportunities across the board. Stay ahead of the curve by understanding how AI can impact your business strategy.

In the MIT Artificial Intelligence: Implications for Business Strategy online short course you’ll gain:

  • Practical knowledge and a foundational understanding of AI's current state

  • The ability to identify and leverage AI opportunities for organizational growth

  • A focus on the managerial rather than technical aspects of AI to prepare you for strategic decision making

News

VentureBeat has launched the AI Impact Tour, highlighting how companies are moving AI from idea to implementation. The tour will cover AI's role in various sectors, including healthcare, finance, and retail. It will also address issues such as AI ethics, AI in the workplace, and how AI can resolve real-world problems.

The AI Impact Tour will visit Boston on March 27, focusing on data integrity in generative AI. Other topics covered by the tour include mitigating bias in AI, maintaining data privacy, and managing the quality of synthetic data. Attendees can expect insights from AI experts and industry leaders.

The New ChatGPT 4

Before its launch, OpenAI's GPT-4.0 achieved top scores on the ChatGPT leaderboard under a secret pseudonym. The AI model broke records for conversational ability, demonstrating significant improvements in generating human-like text. OpenAI's disguise strategy allowed for unbiased scoring, and the results confirm the model's advanced conversation capabilities.

In a new white paper, researchers from Epoch, MIT FutureTech, and Northeastern University have revealed they are using perplexity as a measure of a language model's capability. Lower perplexity supposedly indicates better understanding and prediction of sentences. However, some experts argue that perplexity may not reflect real-world performance, and may even encourage over-optimization. Instead, they suggest using human evaluations to assess AI language understanding.

LLM News

  • How Good Are the Latest Open LLMs? And Is DPO Better Than PPO? - A new analysis on the performance of the latest open-source large language models (LLMs). 
    CliffsNotes: It concludes that while commercial models like GPT-3 still outperform in many areas, open-source models like GPT-J and GPT-Neo have made significant strides in text generation tasks, making them potential contenders for various applications including chatbots, translators, and content generators. - read more

  • Using and Finetuning Pretrained Transformers - A detailed tutorial on using and fine-tuning pretrained transformers for natural language processing tasks. The guide also explains how transformers, with attention mechanisms, improve on recurrent neural networks, providing resources to better understand these complex models. It's an invaluable resource for AI professionals and enthusiasts keen on enhancing their transformers' performance.

85% of all AI Projects Fail, but AE Studio Delivers

If you have a big idea and think AI should be part of it, meet AE.

We’re a development, data science and design studio working with founders and execs on custom software solutions. We turn AI/ML ideas into realities–from chatbots to NLP and more.

Tell us about your visionary concept or work challenge and we’ll make it real. The secret to our success is treating your project as if it were our own startup.

Prompts for Better Cyber Security

Act as a cyber security specialist to secure your SaaS platform.

I want you to act as a cyber security specialist. I will provide some specific information about how data is stored and shared, and it will be your job to come up with strategies for protecting this data from malicious attacks. This could include suggesting encryption methods, other layers of security or implementing policies that mark certain activities as suspicious. My first request is "I need help developing an effective cybersecurity strategy for my [describe application]."

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