šŸš€The Future of AI according to OpenAIā€™s CEO.

Plus: New Law Requires Digital Stores to Clarify That You're Licensing, Not Buying Content.

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Friday is here, and soon you'll know whether you're truly buying a digital product or simply leasing its content for a limited time, Good to know if you own that movie or not. OpenAI's CEO paints a bright picture of the future, but what about the perils? And weā€™re excited to share what we've been building this week. Enjoy your weekend, and donā€™t forget to share your thoughts with us!

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  • šŸ“° News and Trends.

  • New Law Requires Digital Stores to Clarify That You're Licensing, Not Buying Content.

  • The Future of AI according to OpenAIā€™s CEO.

  • šŸ§° AI Tools (ChatGPT extensions II)

  • AI-Powered Flask App for Real-Time Image Processing.

  • Sam Altman tells OpenAI staff thereā€™s no plan for him to receive a ā€˜giant equity stakeā€™ in company (CNBC)

  • Everything announced at Meta Connect 2024: $299 Quest 3S, Orion AR glasses, and more (ZDnet)

  • AI can now solve reCAPTCHA tests as accurately as you can (ZDnet)

  • Appleā€™s long-awaited ā€˜HomeAccessoryā€™ could have square display, A18 chip for AI, more (9to5)

  • Do you use AI to make Movies? AI Startup Runway Says Itā€™s Giving Filmmakers up to $1 Million if They Use Artificial Intelligence to Make Their Movies (Variety)

  • High School Is Becoming a Cesspool of Sexually Explicit Deepfakes generated by AI-generated and their brains are not developed enough to process these child-sexual-abuse images (Atlantic)

šŸŒ Other Tech news

  • Intel is nearing a deal with the U.S. government for $8.5 billion in direct funding under the CHIPS and Science Act, aimed at bolstering domestic semiconductor manufacturing (Guru)

  • Seoul Researchers Unveil "Pallentrone": A platform or wire basket mounted on drones to help you transport your groceries or other items (boingboing)

  • Beautyā€™s Most Viral Brands Are Moving Offline (BoF)

  • Teslaā€™s electric pickup trucks are armed and ready for battle in the hands of Chechen forces fighting in Ukraine as part of Russiaā€™s invasion. Can the EV take the heat? (Wired)

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New Law Requires Digital Stores to Clarify That You're Licensing, Not Buying Content.

California's new law (AB 2426), signed by Governor Gavin Newsom, requires digital storefronts to clearly inform customers that theyā€™re only licensing digital content, like games, movies, and music, rather than owning it. Starting next year, stores will be banned from using terms like ā€œbuyā€ or ā€œpurchaseā€ without disclosing the limitations and revocability of the license. This law responds to incidents where companies like Ubisoft and Sony removed digital content from usersā€™ accounts, despite previous purchases. Violators could face fines for false advertising.

This transparency law should be adopted federally to protect consumers from misleading digital purchases, as the growing reliance on digital media calls for stronger consumer rights.

Yaro on Ai and Tech Trends is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

The Future of AI according to OpenAIā€™s CEO.

The CEO of OpenAI wrote about the marvels and advancements of AI but failed to mention the potential dangers of the technology. It reads like a great sales pitch, highlighting all the positives, and while these advancements are indeed impressive, they also come with significant risks. As technology progresses at such a rapid pace, humans may not be psychologically or genetically prepared to cope with its impact. This could lead to mental health issues and environmental concerns, particularly given AIā€™s immense energy demands.

It is true that in the coming decades, advances in AI will enable us to accomplish tasks that would seem like magic to past generations. The rapid acceleration of technology, particularly through deep learning, will enhance human capabilities, allowing us to solve complex problems and create personalized AI teams for education, healthcare, and more. While challenges remain, the Intelligence Age promises a future of unprecedented prosperity, with AI-driven breakthroughs in fields like climate change, space colonization, and scientific discovery. However, we must address risks like labor market disruption to maximize the benefits for society.

šŸ§° AI Tools

ChatGPT extensions II

Download over 750+ Tools free here.

Building in Public #4

AI-Powered Flask App for Real-Time Image Processing.

In partnership with OpenCV.

What did we build this week? This week we built a web app, built with Flask and OpenCV which lets users capture images from their browser's camera, process them on the server, and see real-time results.

  • Live Camera Access: Users can capture an image from the live video stream by clicking a "Capture" button. This snapshot is then processed in the browser as a base64-encoded image and sent to the backend Flask server for processing.

  • Image Processing: Captured images are sent to the server, where OpenCV applies filters or AI models. In this instance we can detect faces, but it can also detect weapons, pets, or basically anything that we train our model on. Check it out here and lets us know what you think.

  • Real-Time Feedback: The processed image is sent back and displayed immediately.

This app demonstrates how AI and computer vision can be integrated into real-time web apps, showing the potential for interactive, scalable AI-powered tools across industries.

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