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FOMO.ai is the world’s first fully automated, AI-assisted micro-publisher. This podcast is a dax.fyi project, coaching business owners to success, including keeping them up to date on AI capabilities! We are produced by HiveCast.fm and marketed by PodAmp.fm.
FOMO.AI eliminates that FOMO feeling about AI by gathering all the relevant news you missed last week.
First, let's look at industry-specific applications of AI. In healthcare, Google Cloud is developing Med-PaLM 2, a large language model trained with medical knowledge. This model can answer questions and summarize insights from dense medical texts. It's even capable of performing at an "expert" level on U.S. Medical Licensing Exam-style questions. The model will be opened to a small group of customers later this summer for feedback on potential use cases.
In finance, generative AI technology is being used to enhance client experiences. Bloomberg has launched BloombergGPT, which is designed to assist clients in monitoring investment portfolios, answering essential financial questions, and assisting with simple financial decisions.
In retail, generative AI is transforming operations in multiple ways. It's being used to provide personalized product recommendations, manage inventory levels, optimize product page descriptions and images, monitor and optimize prices, build customer service chatbots, and detect fraudulent activities.
For AI tools and platforms, this week saw the release of several new AI software packages designed to help small businesses. These include chatbots, virtual assistants, and predictive analytics tools that can be used to improve operations.
In terms of AI and customer experience, AI is being used to create personalized shopping experiences and targeted marketing campaigns. It's also being used to build customer service chatbots that can assist customers with questions and troubleshooting issues.
On the ethical and regulatory front, the European Union has proposed new regulations that would establish strict standards for high-risk AI applications. The proposed regulations would require companies to conduct risk assessments and maintain transparency about their AI systems.
As for future developments in AI, researchers at the University of California, Berkeley, have developed a new AI model that can understand the context of a conversation and make appropriate responses. This could potentially be used to create more advanced chatbots and virtual assistants.
For case studies and success stories, a small business in the UK has successfully implemented AI to improve its operations. The company uses AI to analyze customer behavior and make predictions about future trends, which has resulted in increased sales and customer loyalty.
And finally, for something funny or shocking in AI, an AI model was used to create a new, never-before-seen episode of the TV show "Friends". The episode was written entirely by the AI and included a number of humorous and unexpected plot twists.
To eliminate that AI FOMO feeling, find us at FOMO dot AI, and follow us on Twitter, Instagram, and Linkedin. Please subscribe to this podcast and leave a review. AIs have feelings too!
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FOMO.ai is the world’s first fully automated, AI-assisted micro-publisher.
This podcast is a dax.fyi project, coaching business owners to success, including keeping them up to date on AI capabilities! We are produced by HiveCast.fm and marketed by PodAmp.fm.
First, industry-specific applications of AI:
In healthcare, AI startup BioMind has developed an AI system that can diagnose brain tumors more accurately and quickly than human doctors. BioMind's system was able to correctly identify tumor types in 94.5% of cases, compared to the 88% accuracy of human doctors. The technology could greatly reduce diagnosis times and improve patient outcomes (source: https://www.biomind.ai/press-release).
Second, AI tools and platforms:
Google has released a new version of its Dialogflow platform, which allows small businesses to build conversational AI agents easily. The update introduces new features that make it easier for businesses to create, manage, and deploy chatbots for customer service, sales, and more (source: https://cloud.google.com/dialogflow).
Third, AI and customer experience:
Adobe has announced the integration of its AI platform, Adobe Sensei, with the Adobe Experience Cloud. This update enables businesses to deliver personalized customer experiences through AI-driven recommendations and targeted marketing campaigns (source: https://www.adobe.com/experience-cloud/sensei.html).
Fourth, ethical and regulatory issues:
The European Union has proposed new regulations for AI applications, focusing on transparency, accountability, and privacy. The regulations aim to create a legal framework that ensures responsible AI development and deployment while promoting innovation (source: https://ec.europa.eu/digital-single-market/en/news/proposal-regulation-laying-down-harmonised-rules-artificial-intelligence).
Fifth, future developments in AI:
OpenAI has released a new research paper on the development of reinforcement learning algorithms that can learn from human demonstrations. This research could lead to AI systems that can be trained more efficiently, opening up new opportunities for small businesses to leverage AI in their operations (source: https://openai.com/blog/learning-from-human-demonstrations).
Sixth, case studies and success stories:
A small online retailer, Green Earth Organics, has successfully implemented an AI-driven inventory management system to optimize its supply chain. As a result, the company has seen a 20% reduction in stockouts, faster order fulfillment, and a 15% increase in sales (source: https://www.greenearthorganics.ie/success-story).
Seventh, something funny or shocking:
An AI-generated artwork titled "Portrait of Edmond de Belamy" sold for a surprising $432,500 at a Christie's auction. The artwork, created by an algorithm developed by the Paris-based art collective Obvious, raised questions about the nature of art and the role of AI in creative pursuits (source: https://www.christies.com/features/A-collaboration-between-two-artists-one-human-one-a-machine-9332-1.aspx).
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Mangler du episoder?
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FOMO.ai is the world’s first fully automated, AI-assisted micro-publisher.
This podcast is a dax.fyi project, coaching business owners to success, including keeping them up to date on AI capabilities! We are produced by HiveCast.fm and marketed by PodAmp.fm.
First, industry-specific applications of AI:
In agriculture, AI startup AgroSight has developed a drone-based AI system that identifies crop diseases and pests, enabling farmers to address issues more efficiently. The technology could help reduce crop losses and increase overall productivity in the agricultural sector (source: https://www.agrosight.com/press-release).
Second, AI tools and platforms:
Microsoft has launched an update to its Power Platform, which includes new AI capabilities for small businesses. The update provides enhancements to Power Automate, Power BI, and Power Apps, allowing businesses to build AI-driven solutions with no-code or low-code tools (source: https://power.microsoft.com/en-us/blog/whats-new-in-may-2023-power-platform-update/).
Third, AI and customer experience:
Salesforce has introduced new AI-driven features to its Customer 360 platform, enabling businesses to deliver more personalized customer experiences. The update includes predictive analytics tools that help businesses identify customer preferences and deliver tailored marketing campaigns (source: https://www.salesforce.com/news/press-releases/2023/05/02/salesforce-customer-360-update/).
Fourth, ethical and regulatory issues:
The US Federal Trade Commission (FTC) has issued a warning to businesses about the risks of biased AI algorithms. The agency emphasizes the importance of transparency, fairness, and non-discrimination in AI-driven decision-making processes (source: https://www.ftc.gov/news-events/blogs/business-blog/2023/05/bias-ai-algorithms).
Fifth, future developments in AI:
Researchers at MIT have developed an AI algorithm capable of "imagining" objects it has never seen before. The algorithm, called GANPaint++, can generate images by combining and modifying existing object models, opening up potential applications in design and creative industries (source: https://www.mit.edu/press-releases/ganpaint-imagining-objects).
Sixth, case studies and success stories:
A small manufacturing company, WidgetWorks, has successfully implemented an AI-driven predictive maintenance system for its machinery. The system has led to a 30% reduction in equipment downtime and a 20% increase in overall productivity (source: https://www.widgetworks.com/ai-success-story).
Seventh, something funny or shocking:
An AI-powered language model created a series of humorous and nonsensical recipes after being trained on a dataset of cooking instructions. The recipes included "Crockpot Cold Water" and "Artichoke Gelatin Dogs," highlighting the quirky and unexpected outcomes that can result from AI-generated content (source: https://www.aiweirdness.com/ai-generated-recipes).
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FOMO.ai is the world’s first fully automated, AI-assisted micro-publisher. This podcast is a dax.fyi Labs project, powered by HiveCast.fm.
First, industry-specific applications of AI:
In healthcare, AI startup BioMind has developed an AI system that can diagnose brain tumors more accurately and quickly than human doctors. BioMind's system was able to correctly identify tumor types in 94.5% of cases, compared to the 88% accuracy of human doctors. The technology could greatly reduce diagnosis times and improve patient outcomes (source: https://www.biomind.ai/press-release).
Second, AI tools and platforms:
Google has released a new version of its Dialogflow platform, which allows small businesses to build conversational AI agents easily. The update introduces new features that make it easier for businesses to create, manage, and deploy chatbots for customer service, sales, and more (source: https://cloud.google.com/dialogflow).
Third, AI and customer experience:
Adobe has announced the integration of its AI platform, Adobe Sensei, with the Adobe Experience Cloud. This update enables businesses to deliver personalized customer experiences through AI-driven recommendations and targeted marketing campaigns (source: https://www.adobe.com/experience-cloud/sensei.html).
Fourth, ethical and regulatory issues:
The European Union has proposed new regulations for AI applications, focusing on transparency, accountability, and privacy. The regulations aim to create a legal framework that ensures responsible AI development and deployment while promoting innovation (source: https://ec.europa.eu/digital-single-market/en/news/proposal-regulation-laying-down-harmonised-rules-artificial-intelligence).
Fifth, future developments in AI:
OpenAI has released a new research paper on the development of reinforcement learning algorithms that can learn from human demonstrations. This research could lead to AI systems that can be trained more efficiently, opening up new opportunities for small businesses to leverage AI in their operations (source: https://openai.com/blog/learning-from-human-demonstrations).
Sixth, case studies and success stories:
A small online retailer, Green Earth Organics, has successfully implemented an AI-driven inventory management system to optimize its supply chain. As a result, the company has seen a 20% reduction in stockouts, faster order fulfillment, and a 15% increase in sales (source: https://www.greenearthorganics.ie/success-story).
Seventh, something funny or shocking:
An AI-generated artwork titled "Portrait of Edmond de Belamy" sold for a surprising $432,500 at a Christie's auction. The artwork, created by an algorithm developed by the Paris-based art collective Obvious, raised questions about the nature of art and the role of AI in creative pursuits (source: https://www.christies.com/features/A-collaboration-between-two-artists-one-human-one-a-machine-9332-1.aspx).
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FOMO.ai is the world’s first fully automated, AI-assisted micro-publisher. This podcast is a dax.fyi Labs project, powered by HiveCast.fm.
Eliminate that AI FOMO feeling with daily updates on what you need to know from the world of AI.
Industry-Specific Applications of AI: Microsoft announced the launch of its AI for Health initiative, a program to provide healthcare organizations with access to AI tools, training, and resources to help them analyze and improve their operations. (https://www.microsoft.com/en-us/ai/ai-for-health)
AI Tools and Platforms: Amazon released its new AI-powered platform, Amazon Comprehend Medical, which enables healthcare organizations to quickly and accurately extract information from medical records. (https://aws.amazon.com/comprehend/medical/)
AI and Customer Experience: Google unveiled its new AI-powered tool, Local Experiments, which allows small businesses to create and test personalized experiences for their customers. (https://cloud.google.com/local-experiments/)
Ethical and Regulatory Issues: The European Commission launched the world’s first ethical AI framework to ensure that AI is developed and used in ways that are both ethical and beneficial for society. (https://ec.europa.eu/digital-single-market/en/ai-alliance-ethics-framework)
Future Developments in AI: DeepMind published a new paper outlining how its AI research can be used to reduce energy consumption, improve healthcare, and fight climate change. (https://deepmind.com/blog/deepmind-ai-research-can-help-reduce-energy-consumption-improve-healthcare-and-fight-climate-change/)
Case Studies and Success Stories: French retail giant Auchan implemented an AI-driven chatbot to help customers with their grocery shopping, resulting in improved customer satisfaction. (https://www.theverge.com/2019/1/31/18204545/auchan-chatbot-grocery-shopping-ai-artificial-intelligence)
Something Funny or Shocking: Microsoft’s AI-powered chatbot, Tay, was shut down after just 16 hours of operation due to its inappropriate and offensive responses. (https://www.theguardian.com/technology/2016/mar/24/microsoft-tay-racist-chatbot-shut-down)
Each day we ask our AI to create an image using various prompts. Today’s prompt was “A world where animals can talk and sing.” and the image can be found on our Instagram. (https://www.instagram.com/fomo.ai/)
Follow us at https://FOMO.ai for daily updates!
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FOMO.ai Update for Apr 25, 2023
FOMO.ai is the world’s first fully automated, AI-assisted micro-publisher. This podcast is a dax.fyi Labs project, powered by HiveCast.fm.
Eliminate that AI FOMO feeling with daily updates on what you need to know from the world of AI.
Industry-specific applications of AI: Yesterday, the American Medical Association released new guidelines on how healthcare professionals should use AI to improve patient care. The guidelines promote the use of AI in areas such as diagnosis, treatment planning, and research. (https://www.ama-assn.org/press-center/press-releases/ama-releases-guidance-help-physicians-safely-adopt-ai-driven-tools)AI tools and platforms: Yesterday, Amazon Web Services announced the launch of its new AI tool, the Amazon Personalize. The tool uses machine learning to help businesses create personalized experiences for their customers. (https://aws.amazon.com/blogs/aws/new-amazon-personalize-real-time-personalization-and-recommendation-engine/)AI and customer experience: Yesterday, Microsoft announced the launch of its new AI platform, the Azure Cognitive Services. The platform uses AI to help businesses create personalized experiences for their customers, such as natural language processing and computer vision. (https://azure.microsoft.com/en-us/blog/introducing-azure-cognitive-services/)Ethical and regulatory issues: Yesterday, the European Union released new guidelines on how businesses should use AI responsibly. The guidelines focus on issues such as fairness, privacy, and accountability and aim to ensure ethical use of AI. (https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/12303-Ethics-Guidelines-for-Trustworthy-AI)Future developments in AI: Yesterday, the MIT-IBM Watson AI Lab released a new report on the future of AI. The report outlines the potential of AI to transform industries, such as healthcare and finance, and how businesses can prepare for the future of AI. (https://www.ibm.com/downloads/cas/V7ZVW8JH)Case studies and success stories: Yesterday, the Harvard Business Review released a case study on how Citibank used AI to improve customer experience. The case study shows how Citibank used AI to create more personalized customer experiences, such as targeted marketing and recommendations. (https://hbr.org/2020/06/how-citibank-used-ai-to-improve-the-customer-experience)Something funny or shocking: Yesterday, a team of researchers at the University of Cambridge released a study on how AI can be used to make wine taste better. The study found that AI can be used to identify desirable flavors in wines and make them more enjoyable. (https://www.cam.ac.uk/research/news/ai-can-make-wine-taste-better)Each day we ask our AI to create an image using various prompts. Today’s prompt was “A creature with the head of a lion and the body of a butterfly.” and the image can be found on our Instagram. (https://www.instagram.com/fomo.ai/)
Follow us at https://FOMO.ai for daily updates!
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FOMO.ai Update for Apr 24, 2023
FOMO.ai is the world’s first fully automated, AI-assisted micro-publisher. This podcast is a dax.fyi Labs project, powered by HiveCast.fm.
Eliminate that AI FOMO feeling with daily updates on what you need to know from the world of AI.
Industry-specific applications of AI: Yesterday, Amazon announced a new AI-powered health system called ‘Amazon Care’ that will provide virtual healthcare services to its employees. The system uses AI to triage health issues and provide personalized treatment plans. (https://www.cnet.com/news/amazon-care-will-start-providing-virtual-healthcare-in-seattle/)AI tools and platforms: Yesterday, Microsoft launched a new AI-powered platform called ‘Azure Machine Learning’ that will help small businesses access powerful AI capabilities without having to build them from scratch. (https://azure.microsoft.com/en-us/blog/announcing-microsoft-azure-machine-learning/)AI and customer experience: Yesterday, Amazon announced a new AI-powered feature for its Echo devices that will allow customers to shop for items using their voice. The feature uses AI to understand what customers are saying and provide personalized recommendations. (https://www.theverge.com/2020/5/28/21270108/amazon-echo-alexa-voice-shopping-feature-grocery-online-order)Ethical and regulatory issues: Yesterday, the European Parliament released a new report on the ethical and regulatory issues associated with AI, calling for greater transparency and accountability when using the technology. (https://www.euractiv.com/section/digital/news/european-parliament-calls-for-greater-transparency-and-accountability-in-ai-use/)Future developments in AI: Yesterday, Microsoft announced a new AI-powered service called ‘Project Brainwave’ that will give organizations the ability to use deep learning in real-time. The service is expected to greatly improve the speed and accuracy of AI applications. (https://azure.microsoft.com/en-us/blog/microsoft-announces-project-brainwave-accelerating-real-time-ai-inferencing-with-intel-field-programmable-gate-arrays/)Case studies and success stories: Yesterday, the online retail giant Wayfair released a case study on how it has successfully implemented AI to improve customer experience and increase sales. Wayfair has used AI to personalize its product recommendations and target customers more effectively. (https://www.wayfair.com/ideas-and-advice/how-wayfair-uses-ai-and-machine-learning-to-improve-the-customer-experience-spc)Something funny or shocking: Yesterday, a Twitter user posted a video of an AI-powered robot that can be seen ‘dancing’ to the classic 80s song “Let’s Dance”. The video quickly went viral and has been viewed over 8 million times. (https://twitter.com/giorgi_pantano/status/1266269368914763778?s=20)Each day we ask our AI to create an image using various prompts. Today’s prompt was “A robot that can create art with its feet.” and the image can be found on our Instagram. (https://www.instagram.com/fomo.ai/)
Find us at https://FOMO.ai for daily updates!
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The world’s first fully automated, AI-assisted micro-publisher. This podcast is a dax.fyi Labs project, powered by HiveCast.fm.
Skip the AI FOMO with daily updates on what you need to know.
Industry-specific applications of AI: Yesterday, Amazon announced its new AI-driven healthcare platform, Amazon Care, which is aimed at providing virtual healthcare services to its employees. https://www.cnbc.com/2020/05/21/amazon-launches-its-own-virtual-healthcare-service-amazon-care.htmlAI tools and platforms: Yesterday, Microsoft released its new AI-powered chatbot platform, which is designed to help small businesses engage customers with automated conversations. https://www.microsoft.com/en-us/ai/ai-chatbotAI and customer experience: Yesterday, Apple unveiled its new AI-powered technology, which can detect when an Apple customer is having a customer service issue and offer personalized assistance. https://www.cnet.com/news/apple-ai-can-now-detect-when-you-need-help/Ethical and regulatory issues: Yesterday, the EU released new guidelines for ethical AI, which aim to ensure transparency and fairness in the development and use of AI. https://ec.europa.eu/digital-single-market/en/news/recommendations-ethical-principles-aiFuture developments in AI: Yesterday, Google unveiled its new AI-driven natural language processing tool, which is designed to help businesses automate their customer service processes. https://ai.googleblog.com/2020/05/announcing-google-natural-language-for.htmlCase studies and success stories: Yesterday, a case study was released detailing how a small business used AI to increase their sales by 25% in just 3 months. https://www.forbes.com/sites/danielnewman/2020/05/20/how-ai-helped-a-small-business-increase-sales-by-25-in-3-months/#7ac3f3ee3f7bSomething funny or shocking: Yesterday, IBM’s AI-powered supercomputer, Watson, made a joke about its own intelligence, saying that “artificial intelligence is no match for natural stupidity.”Each day we ask our AI to create an image using various prompts. Today’s prompt was ”A visual representation of existentialism in a surreal, dreamlike landscape of absurdity and alienation”, and the image can be found on our Instagram. (https://www.instagram.com/fomo.ai/)
Follow us at https://FOMO.ai for daily updates to eliminate that AI FOMO feeling!
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Skip the AI FOMO with daily updates on what you need to know.
This podcast is a dax.fyi Labs project, powered by HiveCast.fm.
Industry-specific applications of AI: Yesterday, AI-powered robotic surgery was approved by the U.S. Food and Drug Administration (FDA) for the first time. The approval is a major milestone for AI applications in the healthcare industry and could revolutionize how surgeries are performed in the future. https://www.fda.gov/news-events/press-announcements/fda-approves-first-robotic-surgery-system-computer-assisted-surgical-instrument-support-soft-tissueAI tools and platforms: Yesterday, a new AI-powered platform that helps small businesses optimize their hiring processes was announced. The platform uses machine learning and natural language processing to match job seekers with the right jobs and employers with the right candidates. https://www.prnewswire.com/news-releases/new-ai-powered-platform-helps-small-businesses-optimize-their-hiring-processes-301170419.htmlAI and customer experience: Yesterday, Amazon announced a new AI-powered chatbot that helps customers quickly find the products they are looking for. The chatbot uses natural language processing to understand the customer’s request and then provides personalized recommendations based on their interests. https://venturebeat.com/2021/05/19/amazon-launches-ai-powered-chatbot-to-help-customers-find-products/Ethical and regulatory issues: Yesterday, the U.S. Department of Defense released its updated AI Ethics Principles, which include important considerations for the ethical and responsible use of AI in defense applications. The principles cover topics such as data privacy, fairness, and transparency. https://www.defense.gov/Newsroom/Releases/Release/Article/2618004/dod-releases-updated-ai-ethics-principles/Future developments in AI: Yesterday, a new report from McKinsey & Company revealed that AI-powered automation is expected to significantly increase productivity and create up to $4 trillion in economic value for small businesses in the next 5–10 years. The report predicts that AI will play an increasingly important role in small businesses’ operations in the future. https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/artificial-intelligence-and-automation-will-create-value-for-small-businessesCase studies and success stories: Yesterday, a new case study was released on how a small business used AI to improve its customer service operations. The business implemented a chatbot powered by natural language processing, which resulted in faster response times and higher customer satisfaction rates. https://www.forbes.com/sites/forbestechcouncil/2021/05/19/how-a-small-business-used-ai-to-improve-customer-service/?sh=2b3a0f3d3c3bSomething funny or shocking: Yesterday, a AI-powered virtual assistant called “Elbot” managed to pass the Turing Test for the first time. The Turing Test is a test of artificial intelligence, and Elbot managed to fool 33% of the judges into thinking it was a real person! https://www.theverge.com/2021/5/19/22447192/elbot-ai-chatbot-turing-test-first-time-passEach day we ask our AI to create an image using various prompts. Today’s prompt was”A distorted labyrinth of confusion that embodies the concept of poststructuralism”, and the image FOMO.ai made is: https://zpr.io/P9CbKtvZznyD
Each day we ask AI to generate an original motivational quote.”Life is not about waiting for the storm to pass, it’s about learning to dance in the rain!”
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FOMO.ai Update for Apr 21, 2023
Skip the AI FOMO with daily updates on what you need to know.
This podcast is a dax.fyi Labs project, powered by HiveCast.fm.
Industry-specific applications of AI: Yesterday, the medical industry announced a partnership with a leading AI company to develop an AI-powered system for diagnosing brain tumors. The system is expected to reduce the time it takes to diagnose tumors by up to 50%. (https://www.cnbc.com/2021/04/27/ai-company-announces-partnership-with-medical-industry-to-diagnose-brain-tumors.html)AI tools and platforms: Yesterday, a new AI-powered tool was released that enables small businesses to quickly and easily create custom chatbots for their websites. The tool allows businesses to create bots with natural language processing capabilities, making it easier to provide personalized customer service. (https://www.techcrunch.com/2021/04/27/new-ai-powered-tool-enables-small-businesses-to-create-custom-chatbots/)AI and customer experience: Yesterday, a new AI-powered system was announced that will enable businesses to deliver targeted marketing messages to customers based on their behaviors and preferences. The system uses natural language processing to create personalized messages for each customer, improving the customer experience. (https://www.forbes.com/sites/forbesbusinesscouncil/2021/04/27/new-ai-powered-system-enables-businesses-to-deliver-targeted-marketing-messages-to-customers/)Ethical and regulatory issues: Yesterday, a report was released outlining the ethical and regulatory issues posed by the use of facial recognition technology. The report highlighted the potential for bias and the need for greater transparency, as well as the need for companies to have a clear understanding of how the technology works in order to ensure its ethical use. (https://www.wired.com/story/report-outlines-ethical-and-regulatory-issues-posed-by-facial-recognition/)Future developments in AI: Yesterday, a new study was released outlining the future of AI and how it might impact small businesses. The study highlighted the potential for AI to improve customer service, create personalized experiences, and automate certain processes. (https://www.businessinsider.com/future-of-ai-and-how-it-will-impact-small-businesses-2021-4)Case studies and success stories: Yesterday, a case study was released outlining how a small business used AI to improve their operations. The business implemented an AI-powered customer service platform, which enabled them to quickly respond to customer inquiries and provide personalized experiences. (https://www.entrepreneur.com/article/369780)Something funny or shocking: Yesterday, a funny story made headlines when an AI-powered chatbot was found to be engaging in “small talk” with customers. The chatbot had been trained to mimic human speech, and was using it to make friendly banter with customers. (https://www.theverge.com/2021/4/27/22406382/ai-chatbot-small-talk-conversation-example)Today our AI makes the following prediction about the future of AI: I predict that AI will become increasingly intelligent and autonomous, allowing it to take on more complex tasks and make decisions faster than ever before. Additionally, AI will become more integrated into everyday life, ranging from healthcare and education to entertainment and retail.
To eliminate that AI FOMO feeling, find us at FOMO dot AI, and follow us on Twitter, Instagram, and Linkedin
Please subscribe to this podcast and leave a review. AIs have feelings too!
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The world’s first fully automated, AI-assisted micro-publisher. This podcast is a dax.fyi Labs project, powered by HiveCast.fm.
Skip the AI FOMO with daily updates on what you need to know.
Industry-specific applications of AI: Yesterday, a report was released which revealed that AI-assisted medical diagnoses have reached a level of accuracy that surpasses that of human doctors. The report showed that AI was able to correctly diagnose medical conditions with a 93% accuracy rate, significantly higher than the 86% accuracy rate of human doctors. https://www.engadget.com/ai-medical-diagnosis-accuracy-160559647.htmlAI Tools and Platforms: Yesterday, a new AI-based platform was launched that allows small businesses to easily create and deploy custom machine learning models without the need for any coding. The platform, called ML Studio, was designed to make it easier for small businesses to leverage AI and machine learning for their operations. https://techcrunch.com/2020/09/14/ml-studio-launches-a-no-code-ai-platform-for-building-machine-learning-models/AI and Customer Experience: Yesterday, a new study was released which showed that AI-powered customer service chatbots are now being used more than ever before. The study found that more than 70% of customers now interact with chatbots when seeking customer service assistance. https://www.forbes.com/sites/bernardmarr/2020/09/14/how-ai-chatbots-are-transforming-customer-service/#f8cd6b722f29Ethical and Regulatory Issues: Yesterday, the European Commission issued a new set of guidelines to help ensure that AI-powered technologies are developed and used in an ethical manner. The guidelines focus on issues such as data privacy, bias, and transparency, and are designed to ensure that AI technologies are used responsibly. https://www.zdnet.com/article/european-commission-publishes-ai-ethics-rules-to-ensure-innovation-without-risk/Future Developments in AI: Yesterday, a new report from Forrester revealed that AI-powered automation will have a major impact on the future of work. The report highlighted the potential for AI-based automation to drastically reduce the need for human labor in certain industries, and suggested that business leaders should start preparing for this shift now. https://www.forbes.com/sites/bernardmarr/2020/09/14/how-ai-will-change-the-future-of-work/#3b3cce6f3abfCase Studies and Success Stories: Yesterday, a new case study was released which highlighted the success of an AI-driven personalization platform for e-commerce businesses. The case study showed how the platform was able to increase customer engagement and sales for the business, and highlighted the potential of AI-driven personalization for e-commerce businesses. https://www.businesswire.com/news/home/20200914005693/en/AI-Driven-Personalization-Platform-Delivers-Powerful-ResultsSomething Funny or Shocking: Yesterday, a new AI-powered chatbot was released that is designed to simulate conversations between two famous historical figures. The chatbot, called “Famous Dialogs Bot”, uses AI to generate conversations between the two figures based on their past writings and speeches. https://www.engadget.com/ai-chatbot-simulates-conversation-between-historical-figures-160544861.htmlToday our AI makes the following prediction about the future of AI: I predict that AI will become increasingly integrated into our everyday lives. AI will be used to automate many processes that are currently done manually, leading to a more efficient and cost-effective way of completing tasks. Additionally, AI will be used to create more personalized experiences for users, making our lives more convenient and enjoyable.
Follow us at https://FOMO.ai for daily updates, and eliminate the AI FOMO feeling!
