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X faced backlash as searches for Taylor Swift were restricted following a surge in AI-generated explicit images of the singer, exposing the vulnerabilities of its depleted content moderation efforts. Despite efforts to mitigate the issue, searches involving Swift's name yielded error messages, emphasizing the uphill battle for the diminished trust and safety teams, particularly in light of looming threats like deepfaked political imagery ahead of the 2024 elections under Elon Musk's leadership.
⏰ Top Headlines
🔗 Meta's Code Llama 70B, a cutting-edge AI for code generation, rivals GPT-4 in accuracy and capability, offering free access for both research and commercial purposes and competing with counterparts from Amazon and Microsoft.
🔗 Yelp's new AI review summaries on iOS highlight key aspects of businesses based on user feedback, with plans for additional updates on both iOS and Android platforms.
🔗 Blackstone's ambitious venture into data centers, highlighted by its acquisition of QTS, showcases a $25 billion empire focused on powering the AI revolution. However, expansion faces challenges due to significant power requirements, sparking community tensions and regulatory hurdles in key markets like Virginia.
🔗 Former Googlers' startup Essential AI opts for Google Cloud to power its AI services, utilizing TPU v5p chips and global infrastructure for model development and deployment, aligning with Google's push to attract startups for AI innovation.
📲 Latest in AI…
MICROSOFT
Microsoft unveils insights on AI's role in future jobs
Microsoft's latest 'Future of Work' Report delves into the intersection of AI and employment, emphasizing both the promising advancements and potential pitfalls of integrating technology into the workplace. Key insights:
Productivity boosts: Surveys reveal that AI tools, like Copilot, have led to significant improvements in work quality, with 68% of respondents reporting positive impacts.
Skill dynamics: While AI benefits lower-skilled workers, there's a risk of widening performance gaps. It underscores the need for careful navigation to ensure equitable outcomes across skill levels.
Challenges of integration: Over-reliance on AI poses challenges, with humans sometimes uncritically accepting incorrect outputs. Microsoft underscores the importance of seamlessly integrating AI into workflows and fostering collaboration to mitigate such risks.
As AI permeates various job roles, understanding its early effects is crucial for informed decision-making. Microsoft's insights shed light on the evolving dynamics between humans and AI, offering valuable foresight into the future of work. Read the full report here.
LEADERSHIP
AI puts every CEO on the hot seat
In today's rapidly evolving business landscape, the rise of AI has placed every CEO in the spotlight. With boards and employees expecting decisive leadership on AI initiatives, CEOs are facing unprecedented pressure to adapt or risk being left behind.
The AI imperative: AI has become a top priority for businesses, reshaping strategies and operations across industries. CEOs must now grapple with the challenge of effectively integrating AI into their companies or risk falling behind competitors.
CEO accountability: CEOs can no longer afford to be bystanders in the AI revolution. They're being held accountable for driving AI initiatives forward, as failure to do so could jeopardize trust from stakeholders and even their own positions.
As technology continues to advance at breakneck speed, CEOs must recognize that embracing AI isn't just an option—it's essential for survival. Their ability to navigate the complexities of AI will determine the trajectory of their companies in the years to come, making proactive engagement in AI initiatives more crucial than ever.
CAREERS
AI Officer is the hot new job that pays over $1 million
Amidst the tech landscape's whirlwind of trends, one role has emerged as the latest hot commodity: the AI Officer. Companies, having swiftly pivoted from the metaverse frenzy, are now investing heavily in AI leadership, with compensation packages soaring above $1 million.
Shift from metaverse to AI: The meteoric rise of AI has overshadowed the once-prominent metaverse, leaving companies to realign their priorities. Notable figures like Leon, the lion-headed avatar who served as Publicis Groupe SA's "chief metaverse officer," have faded into obscurity as attention shifts to AI leadership.
C-suite reshuffle: The corporate world's response underscores the volatile nature of tech trends. While the metaverse enjoyed a moment in the spotlight, AI has now taken center stage, prompting a swift reshuffle in the C-suite as executives scramble to appoint AI leaders to steer their companies through this new frontier.
End of metaverse hype: Earnings calls and corporate strategies reflect the waning interest in the metaverse, with companies redirecting their focus towards AI. Even tech giants like Apple and Microsoft are doubling down on AI investments, signaling a definitive shift away from metaverse hype.
As the dust settles on the metaverse craze, AI emerges as the undisputed champion of tech innovation. Former metaverse mavens are reinventing themselves as AI experts, while companies eagerly invest in AI talent to future-proof their operations. The age of the AI Officer has dawned, promising transformative leadership in the era of artificial intelligence.
ADVERTISING
WPP sets out plans for £250 million AI push
WPP, the global advertising powerhouse, is embarking on a bold £250 million investment in AI, signaling a transformative shift in the industry. Despite widespread concerns about AI replacing human creativity, WPP believes it will complement and enhance human efforts.
WPP's ambitious AI push involves substantial investment in AI-powered technology and data tools. By leveraging AI, the company aims to bolster marketing performance for its extensive clientele, which includes industry giants like Facebook, Microsoft, and Coca-Cola.
Augmenting creativity: Contrary to fears of AI's potential threat to human creativity, WPP sees it as a tool to empower its workforce. Through AI-based tools, employees can enhance their skills, streamline workflows, and optimize media performance, ultimately amplifying the effectiveness of their work.
As WPP forges ahead with its AI-driven strategy, it simultaneously embarks on cost-cutting measures to streamline operations and boost profitability. Despite challenges in the advertising sector, WPP remains optimistic about future growth prospects, fueled by strong demand for its services and a commitment to innovation in the face of industry headwinds.
💬 More on AI…
🔗 The seven dirty words you can’t say with AI.
🔗 Google’s ChatGPT competitor Bard is nearly as good — just slower.
🔗 AI spam is already starting to ruin the internet.
🔗 Can AI carry on a designer’s legacy?