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Happy Monday, everyone! For many teachers and students, today marks the first day of vacation. While some of you relax, our team is here to keep you updated on the continuous world-changing developments. Today, we're diving into an internet sentiment analysis about the best AI tools for productivity, along with AI risks. We'll also explore where the billions from the Chips Act are being invested. As always, stay tuned for our tool of the day and the latest news and trends. Let’s get started…

• 📰 News and Trends.

• Top AI Tools Identified Through Social Media Analysis.

• 200+ hours of research on AI tools & hacks packed in 3 hours*

• 🧰 AI Tools (Animation and Video)

• The Spectrum of AI Concerns Highlighted in Community Discussions.

• Publications we recommend.

• Assessing the Impact of the Chips Act.

📰 AI News and Trends

• AI is cracking a hard problem – giving computers a sense of smell (TheConversation)

• Nvidia announces new AI chips months after latest launch as market competition heats up (CNBC)

• This is what AI thinks a beautiful woman looks like (WP)

• The U.S. Gave Chip Makers Billions. Now Comes the Hard Part (WSJ)

• OpenAI is restarting its robotics research group (RobotReport)

🌐 Other Tech news

• Amazon gets FAA approval allowing it to expand drone deliveries for online orders (AP)

• Spotify to increase premium pricing in the US to $11.99 per month (TC)

• Biden admin rolls out new guidebook for startups seeking green tech dollars (Brew)

• Instagram will not allow you to skip ads (TC)

• AI pioneer Yann LeCun and Elon Musk went head-to-head in a debate about modern research that drew thousands of comments (Nature)

Top AI Tools Identified Through Social Media Analysis.

Recently, we published a Sentiment Analysis Tutorial to help you assess comments and engagement on social media and your website. This tool gauges the perceptions of your customers and followers regarding your products and services. We've applied these strategies broadly, most recently to identify which AI tools entrepreneurs and professionals are using to enhance their workflows and boost productivity.

After analyzing thousands of comments across social media, Reddit, Medium, and other platforms, we've discovered a generally positive sentiment toward AI tools in startups. Users have shared a variety of tools that have significantly improved their productivity and efficiency. Below is a summary of the popular AI tools and their applications, as gathered from user feedback:

1. ChatGPT: No surprise here as this is the most talked about tool. Used extensively for generating content, automating customer responses, coding assistance, and more.

2. AI extensions like AiChatPilot: Enable using ChatGPT directly in web browsers for quick customer interactions.

3. Taskade AI & Clearscope: These tools are mentioned for SEO content analysis.

4. GitHub Co-Pilot: Assists in coding by suggesting code snippets and entire blocks.

5. Loom, Hunter.io, Google Workspace: Various uses from video messaging to email outreach and collaborative tools.

6. Midjourney: Although noted for being expensive, it's used for image generation.

7. Scenario.gg: For generating gaming assets.

8. Concise AI: Helps with summarizing news efficiently.

9. Whisper: For transcribing audio with high accuracy.

10. Echo.win: An AI tool for managing customer calls and providing automated responses.

These tools reflect a trend towards using AI to enhance productivity across different aspects of business operations, from customer interaction to content creation and administrative tasks. The overall positive reception indicates that these tools are seen as beneficial in optimizing workflow and improving efficiency.

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The Spectrum of AI Concerns Highlighted in Community Discussions.

We did the same sentiment analysis for the dangers of AI. Contributors express a variety of fears regarding the implications of advanced AI technologies on society, employment, and ethical boundaries. Here’s a summary of the primary concerns:

1. Misinformation and Manipulation: AI's capability to generate convincing fake content such as deepfakes, which can be used to spread misinformation and manipulate public opinion or even perpetrate fraud, especially in election times.

2. Job Displacement: The potential for AI to automate tasks currently performed by humans, leading to significant job losses across various sectors.

3. Bias and Discrimination: AI systems can perpetuate or even exacerbate biases present in their training data, leading to unfair treatment and discrimination.

4. Loss of Human Autonomy: Concerns about AI making decisions without human oversight, potentially leading to outcomes that are not aligned with human values or ethics.

5. Security Risks: The use of AI in cyber-attacks and the potential for AI systems to be used in warfare or terrorism.

6. Existential Risks: The theoretical risk that superintelligent AI could act in ways that are not anticipated by its creators, possibly even taking actions that could lead to human extinction.

This illustrates a broad awareness of both the transformative potential and the profound challenges that come with integrating AI into various aspects of human life. I have to add that losing creativity and mental abilities is another huge risk. If the brain is a muscle and we do not need to work it out anymore thanks to relying on this technology it will certainly lose its strength. Contributors are particularly worried about the pace of development outstripping the establishment of necessary ethical and regulatory frameworks to ensure safe and beneficial outcomes.

🧰 AI Tools

Animation and Video

• Sora: OpenAI's text-to-video model.

• Emu Video | Meta: state-of-the-art text-to-video generation.

• VideoCrafter: Open Diffusion Models for High-Quality Video Generation.

• Ssemble: collaborative video editor with a collection of AI plugins.

• GPT-Trainer - A must-try AI Agent Platform*

• Text Blaze - Automate Anything With AI & Use it Anywhere.*

📰 Publications I am currently reading and recommending:

• 5 Steps Friday - Simple success for jacked nerds. Join 73,000+ subscribers and get weekly tips on marketing, health, and earning more.

• Deep Walks - The newsletter for deep thinkers. Perspective-changing quotes, reflections, and essays on everything from world religion to ancient philosophy.

Assessing the Impact of the Chips Act.

This week, the Wall Street Journal explores the global competition in semiconductor manufacturing, as the industry is projected to grow to $1 trillion by 2030.

The U.S. Chips Act of 2022, with a $53 billion investment, aims to boost domestic production but faces challenges from international competition and high production costs. Despite these hurdles, the initiative is expected to triple U.S. chip production by 2032, increasing the national share of global chip output slightly from 12% to 14%. Major investments are directed towards new manufacturing facilities, with significant grants to industry giants like Intel and TSMC. However, obstacles such as labor disputes and environmental concerns may impede progress, and the overall success of the Act in enhancing U.S. semiconductor capabilities remains uncertain.