The AI Business Boom is in Retail

Hey there AI enthusiasts,

Welcome back to another edition of the AI Scout newsletter, where we bring you the latest trends and developments in the world of artificial intelligence. This week, we've got some fascinating insights to share! According to a recent study by Digital Information World, a whopping 53% of consumers in the US are now utilizing AI in some form or the other. Whether it's using AI-powered virtual assistants for day-to-day tasks or relying on AI-driven recommendations for their online purchases, it's clear that AI technology is making a significant impact.

In healthcare, strides in AI medical diagnoses are being made. A recent study highlights the potential of AI as an invaluable tool for medical practitioners. With its ability to analyze vast amounts of patient data and spot patterns, even outperforming human doctors, AI is increasingly being incorporated in to the field of diagnosis and treatment.

Meanwhile, in the architecture industry, architects are integrating AI into their digital toolbox to enhance design processes. AI is becoming an essential resource for architects, enabling them to generate complex designs, optimize building layouts, and even assess the environmental impact of their projects with greater accuracy and speed. Let’s explore the potential of AI across different sectors and industries.

Topics

• Startup News - AI for Senior Citizens

• AI Tools for Video

• Consumer AI Trends

• How AI is Helping Doctors

Startup News - AI for Senior Citizens

The New Brunswick government is investing $2m in a new AI-powered ride-share service for older adults and persons with disabilities. The system, operated by California-based non-profit GoGo Grandparent, uses AI to coordinate volunteer drivers with passengers, and promises to help users stay connected with their communities and maintain independence.

What is GoGo Grandparent

AI Tools for Video

 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.

Clippa is an AI tool that empowers users to swiftly create short clip videos for social media platforms such as Instagram Reels, YouTube Shorts, and TikTok. It simplifies video editing allowing content creators to produce high-quality, engaging content that stands out.

RenderNet is a comprehensive AI-powered platform tailored for image and video editing tasks. It offers a suite of advanced tools and features to streamline the editing process and enhance creative output.

You can find more tools like these in our AI tools directory.

News

Consumer AI Trends

A survey shows 53% of US consumers are following AI's development and understand its potential. The majority of consumers perceive AI positively, with 34% saying it saves time, 31% finding it cool and 29% believing it is efficient. AI is taking the retail industry by storm, with 46% of GenZ saying they are more trusting of brands that use AI influencers. 27% of consumers across generations are either indifferent and unable to tell the difference between AI and real human influencers.

AI for Medical Diagnosis

Artificial Intelligence is being recognized as a vital tool in medical diagnosis. Its ability to process large data sets helps in effectively diagnosing diseases like cancer, Alzheimer's, and COVID-19. AI-powered systems can analyze medical images or genetic sequences more efficiently, reducing error rates and revealing insights human doctors may miss.

AI for Architects

Architectural designers are leveraging AI to optimize building designs, improve sustainability, reduce construction costs, and enhance safety. The AI tools employed include generative design software, machine learning algorithms, and predictive analytics. The technology also helps in creating 3D models, urban planning, and enhancing project collaboration. However, the complexity of AI tools presents a learning curve for architects.

Prompts

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I want you to act as a life coach. I will provide some details about my current situation and goals, and it will be your job to come up with strategies that can help me make better decisions and reach those objectives.

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Get AI tools for better prompting.

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