Forbes Gurus, Job Cuts, Open Source Adventures, and Therapy Bots

What's up ya'll, this is AIdeations. The go-to newsletter that takes AI and tech news that slaps and turns it into a no-bs, fun email for you each day.

TL;DR

We're serving a mixed platter of AI insights today. In our first section, we share wisdom from 15 of Forbes' top gurus on how AI is transforming industries, ranging from sustainability to healthcare to marketing. Then, we dive into BT's decision to axe 55,000 jobs as they embrace AI, with generative tools like ChatGPT filling in for customer service reps. Shifting gears, we discuss Meta's daring move to democratize AI technology by open-sourcing its chatbot tool, LLaMA, a strategy that's stirred both admiration and anxiety in the tech world. Lastly, we bring you updates from the front lines: ChatGPT's emerging role in therapy, Dropbox's layoffs, and Tencent Music's foray into AI-powered music creation. Don't miss our Video and Tools of the Day, plus a special segment on wealth-building ChatGPT prompts.

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

🍸 How AI is Shaking and Sturring Industries

♟️ Another Round of Layoffs Due to AI

🫣 How Will Meta’s Open Source Route Play Out?

📰 News From The Front Lines

🎥 Video Of The Day

🛠 Tools Of The Day

🤌 Prompt of the Day

Brains at Forbes Spill the Tea: How AI is Shaking and Stirring Industries Like a Bond Martini

Fifteen of Forbes' top-tier gurus dishing out their wisdom on how AI is making waves in their respective industries. From solving sustainability issues like it's a weekend Sudoku, to jazzing up marketing and internal comms, to playing nurse in healthcare, AI seems to be the intern we never knew we needed. But remember, this isn't the self-aware Skynet of Terminator fame – so keep your friendly neighborhood human on standby, lest your brand voice starts to sound like a '50s sci-fi robot.

And now, straight from the horses' mouths, here are the key takeaways:

1. AI can revolutionize the way we tackle sustainability challenges with data analysis and pattern recognition. - Leeya Hendricks, RIMM Sustainability

2. AI has the potential to transform internal comms but needs to be used ethically to maintain authenticity. - Frank Wolf, Staffbase

3. Generative AI will drastically change marketing, but we must ensure its ethical use, risk mitigation, and human oversight. - Ed Breault, Aprimo

4. In healthcare, AI can streamline administrative tasks, assess patient safety, and protect data, freeing providers to prioritize patient care. - Kristin Russel, symplr

5. AI use brings legal issues, such as copyright infringement. Use it wisely to avoid dehumanizing your brand. - Clay Tuten, KeyMark Inc.

6. AI use in B2B marketing spans content generation to customer service, but it's essential to retain brand voice and emotional context. - Leela Gill, Alta Mira Marketing

7. AI will significantly impact influencer marketing by streamlining the process and offering accessible data. - Keith Bendes, Linqia

8. Tools like ChatGPT disrupt content creation, accelerating the process while reducing cost. - Tom Wozniak, OPTIZMO Technologies, LLC

9. Leveraging AI can reduce administrative burden and boost creativity, but it requires human oversight to ensure quality and relevance. - Theresa Anderson, Agorapulse

10. AI is streamlining supply chain processes in logistics, but ethical implications need consideration. - Jawaher Al-Khuzaei, GWC

11. AI is transforming real estate by enabling faster valuations, personalized recommendations, and improved customer experiences, but biases must be mitigated. - Kurt Uhlir, eXp World Holdings

12. Natural language processing is vital in content creation, but AI should be treated like an intern, not a sentient being. - Ellen Sluder, smrtPhone

13. AI in website chat features presents exciting possibilities but requires thorough testing to avoid loss of messaging control. - Alexi Lambert Leimbach, Xcellimark

14. AI in social media marketing can create resonant content for a wider audience due to its diverse data training. - Brittany Garlin, Vista Social

15. AI is transforming the customer experience within customer support, but understanding its limitations is essential. - Sherri Schwartz, OvationCXM

🤖 BT’s Brutal Layoffs: AI or Bye? 🤖

"New technology, who dis?" That's the vibe at telecom titan BT as they dial up their plans to ax a staggering 55,000 jobs by 2030, with AI solutions taking center stage. Yes, you heard it right, one-fifth of these cuts will directly impact customer services as robots slide into the customer reps' DMs. CEO Philip Jansen isn’t hiding behind any telecom jargon either - he's got his eyes on generative AI tools like ChatGPT (ahem, your friendly neighborhood language model here). In his words, they offer a "faster, better and more seamless" service, and apparently, we don't make customers "feel like they're dealing with robots." Sorry human friends, but in the age of automation, it seems the BT staff directory might soon read like a sci-fi novel.

"New tech, new jobs," according to Jansen, although he didn't specify what these jobs would be or if you'd need to speak binary to apply. BT, the UK's largest broadband and mobile provider, is also busy swapping copper for fiber and hinting that these shiny new networks will need fewer human fingerprints on them. By "leaner business," they might mean, "Sorry, Dave, I can't afford you." 🙈 Meanwhile, Vodafone is also trimming its workforce by 11,000, adding to the general theme of "humans need not apply". So, despite their claims of a "brighter future", the future at BT looks to be gleaming with a cold, metallic sheen.

Meta's Open-Source AI Party: A Tech Utopia or Prelude to an AI Apocalypse?

In a bold move from Meta, the tech behemoth that owns Facebook, Instagram, and WhatsApp, the company has decided to just hand out its shiny new AI toys to anyone who asks nicely. Meta recently unveiled its AI technology, LLaMA, designed to juice up online chatbots. But instead of hoarding this glittering gem, Meta went full Oprah and started giving it away as open-source software. No more secret clubhouse, people!

Yann LeCun, Meta's head AI honcho, is pretty confident that this strategy of "sharing is caring" will catapult them ahead in the cutthroat AI race. This might raise an eyebrow or two, considering how tech bigwigs like Google and OpenAI have been turning into the AI equivalent of Gollum with the One Ring – more secretive, more possessive, all under the guise of preventing the misuse of AI tech. LeCun argues that the world of AI needs to be democratized and should not be controlled by a handful of powerful American companies (Meta excluded, of course).

As for LLaMA, it’s what’s known as a large language model (LLM) and can spit out all sorts of written content, from blog posts to poetry. Even complex conversations aren't off the table. Meta has gone one step further, providing access to a version of LLaMA that’s been fed on a heavy diet of digital text from the internet. But not everyone is thrilled with this move. Critics are worried that Meta might be opening Pandora's Box, and Stanford researchers have already run into trouble with misuse potential. LeCun’s response? Sure, you can't stop people from generating dangerous information, but you can halt its spread. Hmm, that's reassuring.

To wrap up, Meta’s dive into open-source AI is part altruistic and part strategic. More developers using Meta's tools could bolster the company's standing in the AI landscape. Plus, as LeCun says, “Progress is faster when it is open.” Fair enough, but let’s just hope this open-door policy doesn't lead to an AI apocalypse. Stay tuned for tomorrow’s AI dish!

 📰 News From The Front Lines: 📰

 📼 Video Of The Day 📼

• Sam Altman expressed concerns about the potential harm and significant negative impacts that could arise from the development of technology and superhuman machine intelligence.

• Altman discussed job losses and the shift of power from labor to capital but did not mention his prediction of massive inequality and the potential for labor prices to fall toward zero.

• The discussion included the use of large language models, such as GPT, in military applications, specifically mentioning the possibility of drones autonomously selecting targets.

• Altman proposed three safety recommendations, including the formation of a new agency to license and ensure compliance with safety standards for advanced AI systems.

• The conversation touched on the topic of AI consciousness and the training of models to avoid implying personal identity, with differing opinions among experts on the matter.

🛠️ Tools Of The Day 🛠️

Dexa - Explore, search, and ask questions using AI bots powered by your favorite podcasts 

Public Alpha - Investing Copilot powered by GPT-4

Stratup - Generate startup ideas using the power of AI

Dora - Design & publish 3D and animated websites with no code!

Vimcal - Your calendar on steroids

SuperFlows - Blaze through your inbox with email summaries and pre-generated replies written in your voice.

Please welcome back our infamous Prompt Of The Day segment

The Prompt that keeps on Prompting: What are the absolute coolest, most mind-blowing, out of the box, ChatGPT prompts that will really show off the power of ChatGPT? Give me 10. Focus the prompts on making money and growing wealth with real world examples.

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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.