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Last week in AI. Episode 14

Last Week in AI: Episode 14

Welcome to another edition of Last Week in AI where we cover AI innovations and trends! This year at CES 2024, the spotlight was on AI advancements across various sectors, from AI-powered pillows to AI-powered birdfeeders. From the launch of the GPT Store to robots making coffee, the world of AI is evolving rapidly. Let’s dive in.

GPT Store

Big news of the week for many were the launch of the GPT Store, now open for ChatGPT Plus, Team, and Enterprise users, offers a variety of GPTs for different interests, like design, coding, and AI.

Key Points:

  • Wide range of GPT categories, including DALL·E, writing, and programming.
  • New GPTs featured weekly, like trail guides from AllTrails.
  • Easy GPT creation for users, with no coding needed.
  • Quality maintained through a review system and user reports.
  • GPT Builder Revenue Program allows creators to earn based on user engagement (US only).

In short, the GPT Store is making AI more accessible and offering creative and earning opportunities for users. Interestingly enough, the GPT Store is full of AI girlfriend bots.


OpenAI vs NYT

OpenAI has responded to The New York Times’ lawsuit, underlining its dedication to working with news outlets and supporting the news ecosystem. They aim to develop AI products to aid journalists and editors, utilize historical content for training AI models, and incorporate real-time content with proper attribution in ChatGPT.

Key Points:

  • OpenAI is focused on assisting the news industry through AI technology.
  • They claim that using publicly available internet materials for AI training is fair use.
  • OpenAI offers an opt-out for publishers and is addressing the issue of AI content regurgitation.

Despite the lawsuit, OpenAI is committed to constructive partnerships with news organizations like The New York Times and is actively working on solutions to support and enhance the news industry with AI.


Figure AI

Figure AI is advancing in AI robotics. They train robots for everyday tasks. Their robot, Figure-01, can now make coffee. This is a big step in robot skills.

Brett Adcock, the founder, sees a big future. He wants robots to help in many areas, like caring for the elderly. The focus is on jobs humans don’t want.

Key points:

  1. Figure-01 making coffee is a breakthrough.
  2. Robots could be useful in many fields.
  3. The aim is to help humans, not replace them.

All in all, Figure AI is all about making life easier with robots handling the less desirable tasks. Pretty exciting future ahead.


Nvidia 

India’s data center providers are buying thousands of Nvidia’s advanced GPUs, aiming to boost the country’s AI sector. This move follows Nvidia’s business loss in China due to US export controls on high-tech semiconductors. However, Nvidia believes global demand will compensate for this loss.

Key Points:

  • Indian companies like Yotta, Reliance Industries, and Tata Group are making big deals with Nvidia.
  • Yotta plans to deploy 32,000 Nvidia H100 and H200 GPUs by 2025.
  • This surge in GPU purchases in India reflects the growing AI market across various economic sectors.

India’s investment in Nvidia GPUs marks a significant growth in its AI industry, offering a promising opportunity for Nvidia amidst challenges in other markets.


Rabbit R1

The Rabbit R1, unveiled at CES 2024, is a new AI-powered virtual assistant and handheld device. It goes beyond a typical smartphone, featuring a sophisticated AI called the Large Action Model (LAM). This AI enables smoother and more conversational task performance compared to traditional virtual assistants like Alexa or Siri.

Key Points:

  • The LAM is adept at using various apps and can learn new tasks.
  • The R1 is a compact device with a 2.88-inch touchscreen, a rotating camera, and robust technical specs.
  • Priced at $199, it’s designed to transform the AI personal assistant market.

In summary, the Rabbit R1, with its advanced AI and impressive features, is generating excitement in the AI personal assistant space, promising a more intuitive and capable device experience.


AI Robots – ARRES PREVENT

ARRES (Autonomous Road Repair System) PREVENT, a robot for preventing potholes, is gearing up to hit the roads of Hertfordshire, England. Developed by Robotiz3d and the University of Liverpool, this AI-powered robot identifies and repairs potholes. It’s been in lab tests since 2020 and can autonomously locate and fix potholes, especially in residential areas.

Key Points:

  • ARRES uses AI to detect potholes and automatically repair surface cracks.
  • The technology promises to save time and money, reducing road maintenance disruptions.
  • This innovation is a collaboration between Robotiz3d, the University of Liverpool, and Hertfordshire County Council Highways Engineers, targeting the persistent pothole issue in the UK.

In summary, ARRES PREVENT is set to revolutionize road maintenance in the UK, using AI to tackle the long-standing problem of potholes, offering efficiency and cost-effectiveness.


Amazon

At CES 2024, Amazon unveiled new AI tools for its Alexa personal assistant. This includes innovative AI experiences like Character.ai for interactive conversations with generated characters, and Splash, an AI-driven music creation tool. Additionally, Volley introduced an AI “20 questions” game.

Key Points:

  • Character.ai and Splash enhance Alexa’s entertainment capabilities.
  • Volley’s game adds a fun, AI-powered dimension to voice interactions.
  • The Alexa Fund is backing projects like MultiOn, a new AI agent, and Embodied Inc’s Moxie AI, a robotic companion for children.

Amazon’s latest AI tools for Alexa show a strong commitment to weaving AI into everyday life, offering both fun and practical applications.


AI Gaming

The video game industry is facing challenges with AI integration, focusing on augmenting human capabilities without replacing jobs. Companies and unions are actively negotiating to protect workers’ rights and ensure AI is used in a worker-friendly way. For example, the Zenimax game workers union and Microsoft agreement emphasizes AI’s role in boosting productivity and growth without harm.

Key Points:

  • The industry aims to use AI to assist, not replace, human workers.
  • There are ongoing discussions to balance AI’s role in supporting existing jobs.
  • Agreements are being made to safeguard worker rights in the AI integration process.

The video game sector is keen on maintaining a balance where AI enhances job roles without threatening employment, reflecting a cautious yet optimistic approach towards AI’s growing role in the industry.


Google

Google is in a major patent infringement lawsuit over AI technology. Singular Computing, started by ex-MIT professor Joseph Bates, alleges that Google used its unique technology in various Google services. Singular is seeking up to $7 billion in damages, arguing that Google’s use of its patents would have merited a massive royalty payment.

Key Points:

  • Singular Computing claims Google infringed on its AI technology patents.
  • Google denies these claims, insisting on independent development of its processors.
  • The case, with potential damages of $7 billion, is heading to a federal jury.

Google faces a significant legal challenge with this patent infringement case, adding to its history of legal battles over technology patents.


Project Mockingbird

McAfee has introduced Project Mockingbird, an AI-powered technology to detect Deepfake Audio, aiming to tackle AI-generated scams. Revealed at CES 2024, this tool focuses on protecting users from AI-manipulated audio scams and misinformation.

Key Points:

  • Project Mockingbird uses AI models to identify AI-generated audio with over 90% accuracy.
  • It alerts users to maliciously altered audio in videos, helping differentiate real from fake content.
  • This innovation is part of a larger effort to combat AI challenges in cybersecurity.

Project Mockingbird by McAfee marks a significant advancement in fighting AI-generated scams, providing a crucial tool for digital safety in an era of rising AI-generated content threats.


Final Thoughts

As we wrap up, it’s clear that the boundaries of technology are being pushed further than ever before. The introduction of platforms like the GPT Store is making AI more accessible and versatile, while advancements in transportation and robotics are paving the way for a more efficient and interconnected world. These developments highlight the endless possibilities of AI in our daily lives. The future is bright and AI-driven, and we can’t wait to see what the next big breakthrough will be.

AI Chatbot in Business Operations

11 Benefits of AI Chatbots: Boosting Efficiency and Savings for Toronto Businesses

In the dynamic business landscape of Toronto and the GTA, AI chatbots are proving to be invaluable assets. Here’s a breakdown of the 11 key benefits they offer:

  1. 24/7 Customer Support: Chatbots provide continuous assistance, handling FAQs and more anytime.
  2. Automated Customer FAQs: Efficiently handle repetitive customer queries using natural language.
  3. Time Savings for Teams: Chatbots manage routine inquiries, reducing workload for customer service staff.
  4. Enhanced Sales and Customer Journey: Play a crucial role in driving sales and streamlining the buying process on social media platforms.
  5. Reduced Cart Abandonment: Smooth out the customer journey, addressing issues leading to abandoned shopping carts.
  6. Reduced Employee Stress: Alleviate employee workload, enhancing job satisfaction.
  7. In-Store Appointment Bookings: Facilitate a seamless blend of online and offline shopping experiences.
  8. Expanding Brand Voice: Offer consistent brand experience across online platforms.
  9. Multilingual Support: Cater to a diverse, global audience with multiple language options.
  10. Cost-Efficiency: Serve as a more cost-effective solution than traditional customer support teams.
  11. Enhanced Customer Service with AI: Leverage machine learning and natural language processing for quicker, personalized customer service.

Impact on Business Efficiency

  • Hours Saved: Varma, a pension insurance company, saved 330 hours per month after implementing a chatbot, indicating substantial time savings for businesses using similar AI tools​​.
  • Cost Savings: Chatbots can help businesses save up to 30% on customer support costs​​.
  • Global Impact: By 2023, businesses and consumers are expected to save a combined 2.5 billion hours through the use of chatbots​​.

In conclusion

AI chatbots are not just technological tools; they are strategic assets that can significantly enhance customer service, save valuable time, and reduce costs. This makes them especially valuable for businesses in Toronto, Vaughan, and the GTA, looking to stay competitive and efficient in a rapidly evolving market.

Check out our previous blog on AI chatbots for small businesses in Toronto and the GTA.

AI Chatbots for Your Accounting Firm

AI Chatbots for Your Accounting Firm: A Simple Guide

Today, we’re diving into AI chatbots for accounting firms. If you’re running an accounting firm in the GTA, or even just curious about tech trends, you’ll want to keep reading. Let’s break down how AI chatbots can be a game-changer for your firm!

What’s an AI Chatbot, Anyway?

First things first – what’s an AI chatbot? It’s like a smart assistant that uses artificial intelligence to chat and help people. Think of it as a helpful robot that’s always ready to answer questions and solve problems, 24/7!

Top Benefits for Accounting Firms

Now, let’s talk about why AI chatbots are awesome for accounting firms:

  1. Always Available: These chatbots don’t sleep! They’re on the job all day, every day. So, your clients can get help even when your team’s out of the office.
  2. Quick Answers to Common Questions: Chatbots can instantly provide answers to frequently asked questions, like “How do I file my taxes?” or “What’s a W-2 form?”
  3. Error-Free Help: Computers don’t make mistakes like humans can. So, when it comes to calculations or data retrieval, chatbots are super accurate.
  4. Saves Time: Your team won’t have to spend hours answering basic questions. The chatbot handles that, letting your staff focus on more complex tasks.
  5. Personalized Advice: Advanced chatbots can give tailored advice based on a client’s specific data. It’s like having a personal advisor, but digital!
Cool Features of AI Chatbots

Check out these neat features that make AI chatbots a must-have:

  • Natural Language Processing: This means the chatbot understands human language, even when it’s a bit informal or has typos.
  • Integration with Accounting Software: Chatbots can work with your existing software, pulling up client data or transaction histories in a snap.
  • Data Security: They’re built with security in mind, keeping all your sensitive accounting data safe.
  • Learning Over Time: The more they interact, the smarter they get, constantly improving to serve your clients better.
Vease and AI Chatbots

Speaking of smart solutions, Vease offers AI tools that can totally transform how your accounting firm operates. Check out our website and blog to learn more!

Final Thoughts

So, there you have it – AI chatbots are not just cool, but they’re super practical for accounting firms. They’re like having a super-smart, always-available assistant who never gets tired or makes mistakes. Whether you’re dealing with simple questions or need complex advice, an AI chatbot has got your back.

Remember, technology is here to make our lives easier, and AI chatbots in accounting are a perfect example of that. So, why not give it a try and see the magic for yourself?

Be sure to check out our previous blog on How Chatbots Revolutionize Accounting Firms.

The OpenAI Chronicles: From Altman's Exit to a New Beginning at Microsoft

The OpenAI Chronicles: From Altman’s Exit to a New Beginning at Microsoft?

Unraveling the Timeline of OpenAI’s Leadership Shake-Up

The tech world has been abuzz with the dramatic shifts at OpenAI, culminating in Sam Altman and colleagues might be moving to Microsoft. Let’s break down this whirlwind of events that reshaped an AI titan.

November 16: The Call That Started It All

Our story begins on November 16, with a scheduled call to Altman. Little did anyone know, this call would trigger a series of seismic shifts in OpenAI’s leadership.

The Firing and Immediate Aftermath

Following the call, Altman was abruptly fired. This decision didn’t just send shockwaves through OpenAI but also led to the resignation of Greg Brockman and three senior researchers, signaling a deep rift within the organization.

Internal Turmoil and Funding Discussions

In the wake of these exits, OpenAI was rife with internal memos and heated discussions. Central to these talks were the company’s funding strategies and its future direction – a future now marred by uncertainty and leadership voids.

The Potential Comeback

Amidst this chaos, there emerged talks of Altman and Brockman potentially returning to OpenAI’s board. A move many saw as a step towards stabilizing the roiling waters.

The Pivot to Microsoft

Ultimately, this saga took a surprising turn. Altman, alongside Brockman and their team, announced a move to Microsoft to spearhead a new AI research initiative. This decision marks a new chapter not just for them but for the AI industry’s landscape.

OpenAI to Microsoft: A Leadership Exodus

What started as a routine call led to a leadership exodus and culminated in a strategic realignment with Microsoft. This series of events underscores the volatile nature of the tech world, where today’s decisions shape tomorrow’s innovations.

OpenAI leadership changes

The OpenAI Saga Continues

Satya Nadella Weighs in on Sam Altman’s Future with OpenAI

In the fast-evolving AI landscape, a high-stakes drama is unfolding at OpenAI. The latest twist? Microsoft CEO Satya Nadella’s intriguing suggestion about Sam Altman possibly returning to OpenAI. But there’s more – Altman’s announced move to Microsoft’s new AI research team, alongside former OpenAI president Greg Brockman, adds complexity to this corporate chess game.

OpenAI’s Tumultuous Times: Employees Call for Change

The backdrop to this development is OpenAI’s internal turmoil. Since Altman’s abrupt departure, over 700 of the company’s 770 employees have demanded a reshuffle at the top, signing a letter urging the board to step down and reinstate Altman. Amidst this, Salesforce is seizing the moment, eyeing OpenAI’s talent for its own AI research wing.

Microsoft’s Role and the Governance Question

Nadella’s remarks aren’t just about personnel moves. He’s pushing for “something to change around the governance” at OpenAI, hinting at investor relations modifications. As Microsoft and OpenAI’s ties deepen, these governance aspects will be pivotal. What does this mean for OpenAI’s future and its relationship with Microsoft? It’s a complex equation involving high-profile AI leaders, corporate strategies, and a restless workforce. Stay tuned as we unravel the implications of these developments in AI’s corporate landscape.

How AI Boosts Business Operations

Efficiency and Productivity with AI

AI is real game-changer for Toronto’s businesses. Think of AI as your super-efficient assistant, taking care of repetitive tasks so you and your team can focus on the big picture. With AI, analyzing tons of data becomes a breeze, meaning you can spot and fix any snags in your workflow fast. This boost in efficiency is a big win for your business’s performance.

AI: The Master of Data

Got loads of complex data? No problem. AI is like a detective that loves to dig into big, complicated datasets. It finds the patterns and insights that you might miss. This is super handy for keeping your business on the up and up, always improving and staying ahead.

Make Smarter Decisions, Thanks to AI

Decision-making can be tough, but AI makes it easier. It looks at all the data, spots trends, and gives you the insights you need. This is super helpful for planning, managing your supply chain, and making your customers happy. It’s all about being more efficient and getting more done.

AI’s Crystal Ball: Predicting the Future

AI’s got a bit of fortune-teller magic. It can predict what your customers will want by looking at past trends. This means you can plan better and make sure you’ve got just what they need, when they need it.

Save Money and See Results with AI

Investing in AI pays off. It makes your processes smarter, cuts down on waste, and helps you use your resources better. This means spending less money on the things you don’t need and focusing more on growing your business.

Discover AI’s Potential for Your Business

Curious about how AI can transform your business? Head over to Vease and explore how our AI solutions, like custom chatbots trained on your company data, can boost your business. Don’t forget to check out our blog for more AI insights!

AI Revolutionizing Small Businesses in Toronto

AI Transforming Small Businesses in Toronto: A Closer Look

The Game-Changer for Local Businesses

Toronto’s small business scene is ripe for a revolution, and AI is at the forefront. AI isn’t just a buzzword; it’s a powerful tool reshaping how businesses operate. Here’s why Toronto’s small businesses can’t afford to ignore it.

AI: Not Just for the Big Players

  • Custom Solutions: AI isn’t one-size-fits-all. It offers customizable solutions for unique business needs.
  • Efficiency Boost: From automating mundane tasks to analyzing data, AI makes businesses more efficient.
  • Customer Connection: AI-driven chatbots and customer service tools keep businesses connected to their clientele, enhancing user experience.

AI in Action: Real Toronto Success Stories

Picture this: A Toronto cafe uses AI to predict peak hours, staffing needs, and even coffee preferences. A local boutique leverages AI for personalized shopping experiences. These aren’t futuristic scenarios—they’re happening now.

Navigating the AI Landscape: How to Start

Feeling overwhelmed? Don’t be. Starting with AI is simpler than it seems:

  1. Identify Needs: What does your business need most? More efficient operations, better customer service?
  2. Research Options: Explore AI tools that match your needs. Vease might be the answer you’re looking for.
  3. Take the Leap: Implement AI in small steps. Monitor results and adjust as needed.

Vease: Your AI Partner in Toronto

Curious about how AI can transform your business? Find out How AI is Giving Small Businesses an Edge. Visit our blog for more AI updates.

FigJam's AI Tools

FigJam’s AI Tools: Quick, Easy, Smart

Are you tired of the slow start to design projects? FigJam hears you! They’ve launched FigJam AI – think of it as a turbo button for your creative process.

Templates in a Snap

Imagine this: you open FigJam, and voila, a shiny template awaits. Forget the drag-and-draw marathon. FigJam AI does the heavy lifting, making setup a breeze. No more blank canvas anxiety! With FigJam AI, you get templates that pop up ready to roll.

AI to Describe Your Ideas

You know how looking at a bunch of blank stickies can make your brain go “nope”? Well, not anymore! FigJam AI kicks things off with some starter text for you. Then, it’s all you – tweak and twist it however you like. Make it your own!

Sort & Summerize: Your New Best Friends

Messy stickies? Sort turns that chaos into order. And Summerize? Just a click, and you’ve got a neat bundle of your brainstormed genius. It’s a no-brainer!

Jambot: Chat with AI

Remember Jambot, the chat whiz? It’s the ChatGPT buddy for FigJam, and it’s here to stay. Brainstorm, debug, or just chat away!

AI That Fits Right In

This isn’t just any AI. FigJam AI is savvy, built on OpenAI’s foundation models and ready to mingle with other AI models. Think of it as tech that adapts to your needs. They’re not just sprinkling it on top; they’re mixing it in to make your design life a piece of cake.

Try FigJam’s AI!

Curious to see these tools in action? Jump into FigJam AI and watch your productivity soar. And don’t forget to peek at our previous blog on GPT-4 Turbo for additional AI updates. Wondering what magic Vease can work for you? Ask our chatbot!

(Featured Image: © Figma)

10 Steps on How to Ace Your Interview with ChatGPT

10 Steps on How to Ace Your Interview with ChatGPT

Hey there! Want to rock your next job interview? Let’s get started! Here’s a step-by-step guide on how to use ChatGPT for job interview preparation:

Step 1: Research Common Interview Questions

  • Begin by asking ChatGPT for common interview questions related to the job you’re applying for. For example, “What are common interview questions for a marketing manager position?

Step 2: Craft Your Answers

  • Use ChatGPT to help you formulate strong responses. Provide details about your experience and ask for feedback. You could say, “How can I answer a question about my previous marketing experience?

Step 3: Simulate the Interview

  • Ask ChatGPT to act as the interviewer and run through a mock interview. Request constructive criticism on your answers to improve them.

Step 4: Research Company-Specific Questions

  • Companies often have specific values or missions. Ask ChatGPT to help you prepare answers that align with the company’s culture and the specific role you want.

Step 5: Understand Behavioral Questions

  • Behavioral questions are common, so request examples from ChatGPT. For instance, “Give me examples of behavioral interview questions and how to answer them.

Step 6: Refine Your STAR Technique

  • For answering behavioral questions, practice the STAR method (Situation, Task, Action, Result) with ChatGPT. You can give a situation from your past and ask for help structuring it into a STAR response.

Step 7: Practice Answering Technical Questions

  • If you’re in a field with technical interviews, ask ChatGPT for help with potential technical questions and problems you might need to solve.

Step 8: Get Tips on Body Language and Tone

  • ChatGPT can offer advice on proper body language, tone, and professional etiquette during interviews.

Step 9: Prepare Questions to Ask the Interviewer

  • At the end of interviews, you often get to ask questions. Get suggestions from ChatGPT on insightful questions to ask.

Step 10: Final Review

  • Before the actual interview, have a final session with ChatGPT to review all your prepared answers, questions, and any last-minute tips.

Alright, you’ve got the tips and tricks to ace that interview. By following these steps, you should feel more confident and ready to tackle your job interview with the help of ChatGPT. Good luck!

GPT-4 Turbo's new features, including a 128k context window, cost-effective token pricing, and improved function calling.

Exciting AI News: GPT-4 Turbo Takes Off!

Hey friends! Big news in the tech world. We’ve got a new AI in town called GPT-4 Turbo. It’s super smart and knows a lot of stuff up to April 2023. Guess what? It can remember stuff from over 300 pages at once. Plus, it’s cheaper to use than before. More bang for your buck!

Try GPT-4 Turbo Today!

If you’re making cool apps, you can try GPT-4 Turbo now (for paying customers). Just use a special code in the API, and you’ll be all set. Keep an eye out for the full version coming soon!

Cool New Features!

  • Do More at Once: Now you can ask it to do a bunch of things in one go. Like, “Open the window and turn off the A/C” – easy peasy!
  • Better at Following Directions: It’s gotten really good at doing exactly what you tell it to. Want something in XML? You got it.
  • Talk in JSON: For the techy folks, it can chat back in JSON format, making it great for developers.

Consistent Answers & Easier Testing

  • Predictable Responses: There’s a new trick to get the same answers every time, which is great for testing or if you just like consistency.
  • Know Your Probabilities: Soon, you’ll get to see the chances of what it thinks of next, which is cool for guessing what you might type.

Update on GPT-3.5 Turbo

There’s also an update on the GPT-3.5 Turbo with a bigger memory and some of the new features like GPT-4 Turbo. Learn more.

Want to make your business smarter with AI? See what Vease can do for you! Don’t forget to swing by our blog for more AI news.