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ChatGPT has updated its privacy settings, is developing a business subscription, and will deprecate the Legacy (GPT-3.5) model on May 10th. Portfolio Pilot, an AI investing plugin, is now available. Bing Chat is now accessible worldwide with new features, and the White House is meeting with top AI executives to discuss AI safety and trustworthiness. OpenAI threatens a lawsuit against the GPT-4 Free Project, and a variety of AI tools and news are shared, including Zillow's ChatGPT plugin and the WEF Future of Jobs Report.

Here's what we've got in store for you today:

🦾 ChatGPT May 3rd Update

📈 AI Investing Tools are Here: Portfolio Pilot Plugin

💬 Bing Chat is now Available Worldwide!

⚖️ White House Meeting With Top AI Execs

📚 Research: Future Of Jobs 2023 Report

🎥 Video Of The Day

🛠 Tools Of The Day

ChatGPT May 3rd Update

ChatGPT has introduced several updates to enhance user experience and privacy. Firstly, users can now disable chat history and export their data from ChatGPT settings. When chat history is turned off, conversations will not be used for model training, nor will they appear in the history sidebar.

In response to the needs of professionals and enterprises, a new ChatGPT Business subscription is under development. This offering will cater to those who require more control over their data and businesses that need to manage end users. The ChatGPT Business subscription is set to launch in the coming months.

Lastly, the Legacy (GPT-3.5) model will be deprecated on May 10th. While users can still continue existing conversations with this model, new messages will be processed using the default model. These updates demonstrate ChatGPT's commitment to meeting user needs while continually refining and expanding its services.

Investing Smarter Made Easy With New ChatGPT Plugin: Portfolio Pilot

Portfolio Pilot, the first verified ChatGPT plugin for investing, has recently been launched, offering a new level of assistance to investors. Drawing support from hedge fund models, the plugin is available to users with plugin access. This innovative tool enables investors to access a suite of powerful features, including ETF searching, company comparison, portfolio importing, and stock search. By utilizing the advanced capabilities of ChatGPT, Portfolio Pilot streamlines the investment decision-making process, providing valuable insights and information at the fingertips of users.

For investors, this means more efficient and informed decision-making, as they can leverage the AI-powered features to analyze and optimize their portfolios. Portfolio assessments, analytics, and next investment suggestions provided by the plugin can guide investors in making strategic choices that align with their financial goals. Additionally, the plugin offers detailed security information, ensuring that investors have a comprehensive understanding of their investments. As AI continues to evolve, tools like Portfolio Pilot demonstrate the potential for AI-driven solutions to revolutionize the investment landscape, making it more accessible and manageable for both novice and experienced investors alike.

Bing Chat is Now Available Worldwide!

Bing has announced the transition of its Chat feature from "Limited Preview" to "Open Preview," making it accessible to users worldwide. Alongside this expansion, several improvements have been introduced, including chat history for ongoing conversations, the ability to export and share chat conversations, and the integration of conversations into the sidebar of the Edge browser.

Additionally, Bing is opening its platform for developers to build upon, similar to ChatGPT plugins. The platform will also feature more visual search capabilities with image and video answers. The image generator is being expanded to support over 100 languages, enabling users to generate content in their native language. Furthermore, Bing plans to introduce multi-modal chat soon, allowing users to upload images and use them as reference points in their searches.

White House Set to Meet With Top AI Executives

The White House is set to host a meeting with the CEOs of leading AI companies, including Alphabet/Google, Anthropic, Microsoft, and OpenAI, to discuss the responsibilities and challenges associated with developing safe and trustworthy AI. Vice President Kamala Harris and other senior administration officials will be present at the meeting, which aims to address potential risks and ways to mitigate them, as part of a broader engagement with various industries on AI-related topics.

This meeting builds upon previous White House initiatives, such as the Blueprint for an AI Bill of Rights and the AI Risk Management Framework. The gathering highlights the growing global concern over the impact of generative AI on employment, industry, media, and geopolitics. The objective, according to White House Office of Science and Technology Policy director Arati Prabhakar, is to have an open discussion on risks, mitigation strategies, and collaboration opportunities to ensure that the American public benefits from AI advancements while being protected from potential harms.

 📰 News From The Front Lines: 📰

📚 RESEARCH: WEF Future of Jobs Report 📚

I’ll be doing a full breakdown of this report soon. There’s almost 300 pages to sift through. Thankfully, I’ll use tools like ChatPDF to help with my research. If you want to dive into the report, You can download it below.

 📼 Video Of The Day 📼

🛠️ Tools Of The Day 🛠️

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.