Generative AI proves most beneficial for less experienced workers

Good morning. It's Tuesday, June 27, and I’m excited to bring you the latest updates in the world of AI. Let's dive in!

Here’s what I have for you today:

1. Story: Workers with less experience gain the most from generative AI.

2. Industry Spotlight: Square to roll out generative AI to help drive retail sales.

3. AI Tools: M365 Copilot, Microsoft’s generative AI tool, explained.

4. Resources: What Would It Take to Build Sentient AI?

5. AI-Generated Images: AI-generated images of stereotypical people by their zodiac signs.

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STORIES

1. Workers with less experience gain the most from generative AI.

2. Generative AI Global Market Report 2023.

3. What every CEO should know about generative AI.

4. How generative AI could help to cure ‘untreatable’ diseases.

5. AI Will Eliminate Roles – And We Want It To.

6. AI 100: The most promising artificial intelligence startups of 2023. CB Insights have come up with its AI 100, an annual compilation of the world's top 100 private AI companies. The list includes the most promising companies working in various fields including generative AI infrastructure, emotion analytics, general-purpose humanoids, and much more.

Source: CB Insights 

INDUSTRY SPOTLIGHT

Financial Services: AI opens up new frontiers for wealth management. JPMorgan Chase is developing a ChatGPT-like software service that uses disruptive AI to analyze and select customized securities for customers. Meanwhile, earlier this spring, Morgan Stanley Wealth Management (MSWM) launched a service that harnesses OpenAI technology and the bank's intellectual capital. Its goal is to swiftly provide financial advisers with content and insights on global companies, sectors, asset classes, capital markets, and regions.

Payments: Square to roll out generative AI to help drive retail sales. Square, a provider of payments and business software, plans to empower its merchant customers by equipping them with generative artificial intelligence. This innovative tool will enable small businesses to utilize Square's data to identify top-selling products and determine the most productive employees.

AI TOOLS

Coding: M365 Copilot, Microsoft’s generative AI tool, explained. Microsoft's generative AI assistant is set to be seamlessly integrated into numerous workplace apps. Here's what companies should be aware of and how they can prepare for this.

Create Music: Stop searching for the song you need. Create it. Simply choose the mood, the genre, and the length. Our AI will generate beautiful songs for you.

Video Creation: Create videos in 15 minutes. The source link below will take you to several video examples created by Synthesia

Source: Synthesia.

RESOURCES

Article: What Would It Take to Build Sentient AI?

It may be possible to build sentient AI. Simultaneously, it can be superintelligent without possessing sentience. However, the question arises: Is engineering sentient AI even necessary?

Article: Generative AI Experimentation: A framework for rapid and incremental adoption.

This article delves into the significance of experimenting with generative AI, the advantages of swift experimentation, the process of selecting optimal use cases, and the essential skills and capabilities required for successful experimentation.

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AI-GENERATED IMAGES

Ready for some fun? Here are a couple of AI-generated images of stereotypical people by their zodiac signs. See all images and the creator’s details in the cited source below. Can you guess the zodiac signs of the following two?

Source: Reddit

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