🔮 The Top 2024 AI Predictions are Here.

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Happy Wednesday Everyone,

The top 2024 AI predictions are here. China has started a disinformation campaign to influence the 2024 US elections and AI Video apps are all the rage.

This is the latest and our current view of AI:

• The Top 2024 AI Predictions

• VideoPoet Revolutionizes Video Generation.

• Cheat Sheet of the Day

• 🤔 What Does that even Mean? (Feature Extraction)

• China's Anti-American Meme Campaign

• 🧰 AI Tools of the Day (Motion Capture)

💪🏽 Important AI News and Trends.

• Fake AI News: How is Google the 2024 AI elections.

• Hey Tom, where am I? TomTom creates AI-based conversational assistant for vehicles with Microsoft.

• AI is personalizing everything: Sony's New Technology Would Adapt Game Difficulty to a Player's Skill Level.

• Legal Money: Harvey, Legal AI assistant, raises $80M

• AI cameras create havoc: Rite Aid Banned From AI Facial Recognition by FTC After Misuse

🌐 Web3 and Other Tech news.

• Buy Now, Try to Pay Later: Walmart Expands Buy Now, Pay Later Options in Store During Peak Holiday Shopping.

• TikTok means luxury: Meet the luxury bag brand taking over TikTok.

• All about the Music: Microsoft Copilot gets a music creation feature via Suno integration.

• No Money, No ride: Electric scooter company Bird files for bankruptcy.

• Chemistry Class matter: ‘Graphene’ The ‘supermaterial’ in the global microchip war.

The Top 2024 AI Predictions

Numerous AI forecasts for 2024 have emerged, including insights from Bill Gates, Nvidia, and leading Ivy League researchers. We've sifted through these diverse predictions to highlight the most significant ones. As we look towards 2024, these key trends and developments in AI are the ones to watch closely, shaping advancements and influencing various sectors.

1. Quantum AI: Quantum computing's integration into AI marks a significant leap, offering unprecedented data processing capabilities. This fusion is expected to solve complex problems that classical computing can't, enhancing AI applications in various fields.

2. AI Legislation: With AI's rapid evolution, global policymakers, especially in the EU, China, the U.S., and India, are actively sculpting AI regulations. This trend underscores the importance of balancing innovation with ethical considerations, data privacy, and public safety.

3. Ethical AI: The ethical implications of AI are gaining prominence. There's an increasing focus on developing AI systems that are transparent, fair, and accountable, with a significant emphasis on AI ethics education and standards.

4. Augmented Working: AI is set to enhance human capabilities in numerous professions, from healthcare and law to software development. AI tools will augment professionals, streamlining workflows and increasing efficiency.

5. Generative AI: The next generation of generative AI, including advancements in GPT-5 and multimodal models, will dramatically expand AI's capabilities in content creation. These AI systems will handle complex tasks like narrative construction, music composition, and multisensory content generation.

6. AI in Customer Experience: AI's role in enhancing customer service is set to grow, with more sophisticated virtual assistants and chatbots improving customer interactions.

7. Chip Shortages Impacting AI: The demand for AI chips, especially GPUs, might face challenges due to shortages, impacting large companies and cloud providers. This could hinder AI project ambitions and raise concerns about environmental impacts.

8. AI-Powered Healthcare: Significant advancements in AI within healthcare, from diagnostics to personalized treatments and drug discovery, are expected.

9. AI in Autonomous Vehicles: AI's role in enhancing the safety and efficiency of autonomous vehicles will be more pronounced, with major investments from key players.

10. AI-Backed Customer Service: Enhanced AI-driven customer service tools will become more prevalent, offering more efficient and personalized customer interactions.

11. AI-Empowered Education: AI will play a crucial role in personalizing and revolutionizing educational approaches and methodologies.

12. AI in Climate Change Mitigation: AI will increasingly be applied to address climate change, from predictive analytics for natural disasters to energy efficiency and precision agriculture.

13. AI in Finance: AI will continue reshaping the financial industry, offering personalized financial advice and services.

14. Content Creation with AI: AI's role in content creation will expand, impacting how content is generated and consumed.

15. AI in Space Exploration: AI will aid in space exploration, assisting in identifying exoplanets and supporting commercial space ventures.

As 2024 unfolds, we are on the cusp of a transformative period dominated by AI innovations, which are set to revolutionize industries and alter daily experiences. The pervasive reach of AI is anticipated to streamline a myriad of processes across different sectors. In this new age, we'll witness a surge in data collection efficiency, bolstered by advanced AI tools, which will also enhance the mining and structuring of data. Such high-quality data is pivotal for the development of more advanced AI systems, propelling a cycle of ongoing enhancement. The recent surge in hardware capabilities, including smart vehicles, VR lenses, and brain implants, is enabling the capture of increasingly detailed and superior data for AI training. Yet, this swift growth of AI is not without its challenges. Critical concerns include the consequences of biased data and the resultant AI applications, as well as the spread of AI-generated fake media, particularly its potential to complicate electoral processes, all of which pose significant societal risks.

VideoPoet Revolutionizes Video Generation.

Google Research's VideoPoet, developed by Dan Kondratyuk and David Ross, is a groundbreaking Large Language Model (LLM) designed for advanced video generation. This versatile model excels in tasks like text-to-video, image-to-video, video stylization, and even video-to-audio conversions, addressing the current challenge of producing coherent large motions in video generation.

Its unique approach combines various video generation capabilities into one model, leveraging video and audio tokenizers for seamless media conversion. In comparative evaluations, VideoPoet notably outperformed other models in terms of text fidelity and motion interestingness, with preferences ranging from 24-35% and 41-54%, respectively. This innovation not only showcases the capabilities of LLMs in multimedia but also sets the stage for future expansions in "any-to-any" generation, potentially transforming the video production landscape.

Cheat Sheet of the Day

ChatGPT Prompt Frameworks.

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China's Anti-American Meme Campaign

A report details the Chinese Communist Party's use of AI to create anti-American memes, focusing on President Biden's support for Israel in the Gaza conflict. This disinformation campaign, known as "Spamouflage," targets U.S. figures and aims to influence public opinion and the 2024 Presidential elections. Actions by Google, Meta, and the U.S. Justice Department against related troll farms highlight the ongoing battle against online propaganda. The report emphasizes the growing role of AI in geopolitical conflicts and the challenges in countering digital disinformation.

🤔 What Does that even Mean?

Feature Extraction: The process of transforming raw data into a set of features that can be effectively used in machine learning.

Example: A music app analyzes audio files to extract features like tempo, instruments, chord progressions, and genre. These features are then used by its algorithms to suggest songs that match a user's taste.

📰 Publications I am currently reading and recommending:

• Short Squeeze - One stop for Financial News and Advice.

• Growth Forum - Hacks and tips to grow your business.

• 1 Minute Question - Motivation for business owners and entrepreneurs.

🧰 AI Tools of the Day

Motion Capture.

• Move - App makes it easy to capture and create 3D animations from a phone.

• Rokoko - Intuitive real-time full-body motion capture system.

• Teachable Machine - Train a computer to recognize your images, sounds, & poses.

• Movmi - Human motion capture software for 3D animators.

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📰 Publications I am currently reading and recommending:

• Short Squeeze - One stop for Financial News and Advice.

• Growth Forum - Hacks and tips to grow your business.

• 1 Minute Question - Motivation for business owners and entrepreneurs.