⚠️Growing AI Concerns Among Companies Highlight Emerging Risks.

Plus: Have You Thought About Saving Your Data Externally?

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Monday again, and it seems most kids are back in school with traffic returning to normal. If you've been capturing pictures of your kids or loved ones resuming their activities, have you considered saving these memories on external drives for more personal control? In this issue, we discuss the threat of a digital dark age. Also, rising corporate concerns about AI and we include a graphic on creating viral videos among other tools. Let’s dive in, team!!!"

  • 📰 News and Trends.

  • Growing AI Concerns Among Companies Highlight Emerging Risks.

  • Former Google CEO on the Unpredictable Evolution of AI.

  • 🧰 AI Tools (Sales)

  • How to make Viral YouTube videos with FREE AI Tools.

  • Have You Thought About Saving Your Data Externally?

  • OpenAI banned ChatGPT accounts linked to an Iranian effort to use the chatbot to create content about the US presidential election (TC)

  • xAI has few guardrails, with users sharing a variety of fake and misleading images, including false depictions of well-known US politicians (TheVerge)

  • Google’s upgraded AI image generator is now available (ImageFX)

  • Runway ML's Gen-3 Alpha Turbo, a faster and cheaper AI video generation model, offers enhanced speed and accessibility and it’s priced at 5 credits per second. Despite unresolved ethical concerns about its training data, the model is recognized for its efficiency and quality (VB)

  • South Korean AI chip makers Rebellions and Sapeon agree to merge (Reuters)

🌐 Other Tech news

  • Far-right influencers turn against Trump campaign (WP)

  • Amazon's delivery drones are so loud they are like a 'giant hive of bees' and Waymo vehicles are still honking all night (TheVerge)

  • Walmart is just ending DroneUp deliveries in three states (TheVerge)

  • Roblox is Already the Biggest Game In The World. Why Can't It Make a Profit (And How Can It)? (MatthewBall)

  • EVs Are Losing Up to 50 Percent of Their Value in One Year (Wired)

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Growing AI Concerns Among Companies Highlight Emerging Risks.

From: Arize AI

A significant portion of Fortune 500 companies, over 56%, now identify artificial intelligence as a potential risk in their latest annual reports, marking a considerable increase from only 9% the previous year. This concern reflects AI's potential to transform industries and introduce new challenges, such as increased competition, ethical issues, and operational risks. Despite AI's capacity to drive innovation and efficiency, its rapid evolution poses significant strategic risks to existing business models, particularly in sectors like media, entertainment, and technology, where its impact is most feared.

Former Google CEO on the Unpredictable Evolution of AI.

Eric Schmidt, Google's former CEO, recently discussed the rapid and unpredictable evolution of AI, predicting that the next two years will bring significant changes. Speaking in a Stanford class, he highlighted his shift in perspective, moving from investing in smaller AI models to doubting their potential against larger models.

Schmidt emphasized the transformative potential of AI technologies, including large context windows, agent-based systems, and text-to-action capabilities, which he believes will soon enable the creation of complex applications rapidly—like a TikTok competitor within minutes. He also noted the immense scale of investment and energy required for advancing AI, suggesting figures as high as $300 billion. His insights, delivered in a candid academic setting, suggest a near future where AI could drastically alter economic and technological landscapes.

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How to make Viral YouTube videos with FREE AI Tools.

Found this gem on Altiam Kabir’s page. Check his page for more valuable graphs.

Have You Thought About Saving Your Data Externally?

Created by ImageFX

The rapid generation and accumulation of digital data in today's society has sparked concerns about a potential "digital dark age," where future generations may lose access to vast amounts of historical and personal information due to data obsolescence or loss. Technologies and platforms that currently hold significant amounts of data, like Google Photos and social media sites, might one day vanish, taking with them our stored memories and historical data. To combat this, archivists around the world are taking proactive steps to preserve digital content in more durable formats and developing strategies to save as much data as possible, despite the challenges of deciding what should be preserved and you can (should) do the same. This endeavor is not just about avoiding loss but is seen as a duty to future generations who will try to understand our era based on what digital content survives.

If you're storing photos on Google or Amazon Photos, each image is typically around 3-5 megapixels (MP). However, if the images are larger, averaging 12MP, one terabyte (TB) of storage can hold approximately 200,000 photos. As of mid-2024, the price for a 1-terabyte external hard drive ranges from $50 to $100 USD, varying by drive type and brand features. Investing in one seems prudent, offering greater control over your data in case digital services falter.

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