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In today’s AI summary rundown:

1. AI Content Disclosures for Political Ads Proposed: The Federal Communications Commission (FCC) chair proposed a rule requiring political ads on radio and TV to disclose any use of AI-generated content. This measure aims to ensure transparency and honesty in political advertising.

2. OpenAI Partners with Reddit for Real-Time Data: OpenAI has partnered with Reddit to access real-time content via Reddit’s data API. This deal allows OpenAI to integrate Reddit conversations into ChatGPT and other products, similar to a previous $60 million deal Reddit had with Google.

3. Disable AI Overviews in Google Search: To turn off AI Overviews in Google Search, reconfigure your browser’s default search engine settings. The website tenbluelinks provides step-by-step instructions for Chrome on Android, iOS, Windows, Mac, and Firefox on Windows and Mac.

   Read time is 4 min..

Insight: Are Business and Government Diverging on AI Safety?

1. UK Government’s AI Safety Institute

   The UK Government has announced plans to open the AI Safety Institute (AISI) in San Francisco by summer 2024. This office will be the first UK overseas office in San Francisco, aiming to tap into the Bay Area's tech talent, collaborate with major AI labs in London and San Francisco, and strengthen ties with the US to enhance AI safety for public interest.

2. Business vs. Government Position on AI

   AI has significant potential for businesses. A study by Oliver Wyman Forum estimates that generative AI (GenAI) could contribute up to $20 trillion to global GDP by 2030 and save 300 billion work hours annually. This potential has prompted businesses across various sectors to rapidly adopt AI. A Tata study shows that 86% of executives already use AI to boost revenue.

   However, a 2024 Bank of Ireland report revealed that most businesses lack AI governance policies. Instances like Microsoft allegedly ignoring safety issues with its AI image generator and OpenAI disbanding its team focused on long-term AI risks highlight concerns about AI safety in the business sector.

3. AI Safety Regulations: Different Approaches

   Following the AI Safety Summit, businesses hoped the UK would introduce a regulatory framework similar to the EU's. However, the UK's new AI bill takes a lighter approach compared to the EU AI Act.

   The EU AI Act is set to be the world's first comprehensive AI regulation, using a risk-based approach that categorizes AI applications into three levels: unacceptable risk, high risk, and limited, minimal, or no risk. The regulations vary based on the risk level.

   Despite these efforts, executives from major European companies like Renault, Heineken, Siemens, and Airbus have warned that the EU's proposed legislation could harm Europe’s competitiveness and technological sovereignty without effectively addressing the challenges of AI.

4. Conclusion

   The divergence between business and government on AI safety is evident. While businesses see immense potential and are quick to adopt AI, there is a growing need for robust governance and regulatory frameworks to ensure safety and public trust. The UK’s establishment of the AISI and the differing regulatory approaches between the UK and EU highlight the ongoing debate on how best to balance innovation with safety in the AI landscape.

AI Training: Tutorial of the Day

Today, let's dive into a quick and fun tutorial on how you can harness the power of AI to spark your creativity. We're going to create a personalized work of digital art using AI!

1. Select a Theme: Choose a theme that sparks your interest, be it a tranquil beach or a futuristic metropolis.

2. Craft a Prompt: Develop a detailed prompt, like "Design an image of a football ground."

3. Pick an AI Tool: Explore user-friendly AI art generators like DALL-E to bring your prompt to life.

4. Input Your Prompt: Feed your crafted prompt into the chosen AI tool and watch the creativity unfold!

5. Admire Your Art: Within moments, revel in your unique artwork. Share it in your community or use it as inspiration for your projects! Remember, the more detailed your prompt, the more impressive the AI-generated results!

Remember, the key is to be as descriptive as possible in your prompts. AI tools are great at following detailed instructions, so the more vivid your description, the better your results!

Quirky AI Tools

1. CSM AI: 🎨🚀 CSM AI by Common Sense Machines is transforming 3D content creation! Their innovative platform, Cube, can turn any photo or video into game-engine-ready 3D assets. 📸➡️🕹️ Designed to support artists of all skill levels, Cube offers powerful tools across web, mobile, and even Discord. 🌐📱💬 Whether you’re a newbie or a pro, CSM AI makes creating stunning 3D content a breeze. 🎉🌟

2. TRSTai: 🔍🛡️ TRSTai is a game-changer for securing ML pipelines! This groundbreaking tool proactively identifies, assesses, prioritizes, and fixes flaws in machine learning models. 🚀🔧 By ensuring robustness, fairness, and security, TRSTai helps enterprises fully unlock their AI potential. 🌟💡 Deliver high-functioning models at scale with confidence using TRSTai. 🧠📈

3. Evolup: 🛍️🤖 Evolup is your go-to platform for building AI-powered affiliate stores! This unique tool simplifies setting up an affiliate site by leveraging artificial intelligence. 💡📊 Users can easily upload products, get actionable insights, and receive help with creative tasks like content generation. 🖋️✨ With Evolup, creating a successful affiliate store has never been easier! 🌐🛒

Trending AI Startups

1. Stepsize: 🛠️💻 Stepsize lets engineers interact with tools like Jira directly from their code editors. Seamlessly linking code to issues without uploading it, this tool boosts efficiency. 🌟🔗 Customers like Snyk and Sainsbury’s use Stepsize to address 50% of tracked issues, giving them more time to work on features. 🚀⏳ Transform your workflow with Stepsize and enjoy more productive coding sessions. 🧑‍💻✨

2. DaveAI: 🤖💼 DaveAI is an AI-powered sales augmentation platform that acts as a virtual sales avatar for brands. 🌟🛒 It enhances sales experiences across channels, boosts conversion rates, and optimizes product mixes. 📈🛍️ Using patent-pending Empathetic AI technology, DaveAI models the sales process to elevate buyer experiences and drive productivity. 🚀✨ Let DaveAI transform your sales strategy and deliver remarkable results! 💬🎯

3. Bunch: 🌟👩‍💼 Bunch, based in NYC and Berlin, combines AI coaching with a vibrant leadership community to create the best learning experience for millennial managers. 📈💬 Their AI leadership coach offers hyper-actionable tips to millennial and Gen Z professionals, helping them improve critical skills in just 2 minutes a day. 🕒🚀 Fit learning into your busy schedule and become a better leader with Bunch! 🌟📚

These startups are at the forefront of AI innovation, offering a range of services and technologies that are shaping the future of various industries.

AI-Generated Image of the Day

Prompt: A realistic photograph in a really artistic style of different glass structures

Tip: the more specific the better

Question of the Day

Today’s Meme 

That’s a Wrap 

That’s it for today’s news in the world of AI!

If you have anything interesting to share, please reach out to us by sending us a DM on Twitter: @dthareja or email me at [email protected]

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Thanks for reading.

Until next time!

Dhiraj

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