Today’s Top Picks:

Stay informed with our daily dose of AI news and industry insights to help you make informed business decisions.

• A week after the fake viral image of an ‘explosion’ near the Pentagon, Twitter is adding crowdsourced fact checks to images.

  • TL;DR - We think this is the future: AI awareness and crowdsourced research. AI is here and you’ve been consuming it for awhile. Text, image, and video have the potential to be “fake news” so AI education for your team and clients is about the best tool available for the near future. How long before AI automates upvoting its own fact checking?

• Next AI winners are not your usual suspects.

  • TL;DR - Companies that invest in AI and those that are attaching their mission intelligently to AI are going to continue to get all of the attention.

     

• HP CEO anticipates AI-driven transformation in PC industry, expects new models by 2024.

   

  • TL;DR - This shift could be big. If it happens, we might not need that many outside AI tools anymore. Our personal computers could do the job. This could lower costs and push AI tool creators to up their game to stay in the market.

• Deeplearning.ai launches three free AI courses. They partner with OpenAI to tech how to build systems with the ChatGPT API. Check them out here.

   

  • TL;DR - To make the most of AI in business, we need to learn how to use it. If you lead a team, get them to take AI courses. If you're a consultant, take the opportunity to pivot to AI consulting. Share what you learn with your clients to help them use AI in their businesses.

What’s new with AI Regulation?

Considering this hot topic is going to be around for a while, we’ve added a new section to cover the highlights of what you need to know each day, if you’re into that.

• Is EU afraid of ChatGPT leaving the old continent? EU industry chief to discuss AI rules with OpenAI CEO in June. This announcement followed Altman’s warning that AI regulation might make ChatGPT's maker exit the EU.

• Yoshua Bengio, one of the godfathers of AI, is calling for Canada to pass its proposed AI regulation bill as quickly as possible. Check it out here.

• Since passing laws for AI and adopting them would take time for governments, US and EU are working to develop voluntary AI code of conduct. It will be open to all like-minded countries.

• AI industry split over OpenAI’s call for regulation. Startups raise concerns about tech giants leading AI regulation and suggest that their proposals could stifle competition.

AI Tip of the day:

Want more sales and loyal customers? Use AI! Tools like Salesforce Einstein or Shopify Product Recommendations can help. They learn from your customer's past choices and suggest products they'll like.

Let's say you have a customer who frequently purchases sports equipment from your online store. With a recommendation engine in place, your system will recognize this pattern. The next time this customer visits your site, they may see suggestions for new athletic shoes that have just arrived, the bestselling athletic clothing, or new sports gear that aligns with their past purchases. These personalized recommendations cater precisely to the customer's interests, thereby significantly increasing the likelihood of a sale.

Using AI isn't just about selling more. It's about giving your customers a shopping experience that's tailored for them. It makes them feel seen and valued, so they keep coming back.