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Zoom has hired the OpenAI team to add an AI tool. Details are here!

Zoom,one of todays most preferred online meeting applications, keeps up with the trend. Having reached an agreement with OpenAI,Zoomis preparing to add artificial intelligence tools to its applications.

In a blog post shared today, the Zoomand OpenAI collaboration was confirmed and the planned improvements to the application were revealed.

Zoom,one of the most preferred applications after Microsoft Teams and Google Meets in the professional field, will have artificial intelligence support similar to Microsoft 365 Copilot, which was introduced in the past weeks.

Accordingly, you will now be able to ask the Zoomartificial intelligence to follow the meeting you missed, extract the meeting summary and perform the whiteboard functions.

In addition, the chatbot, which is customized similar to ChatGPT, can be used for various functions. It is thought that Zoom artificial intelligence will provide many conveniences to users, especially in creating whiteboards.

ZoomAI will be trialled for a selected group in April. In the coming weeks, companies are expected to enter the service of everyone in line with their wishes.

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Artificial Intelligence Tool Coming to Zoom Expat Guide Turkey - Expat Guide Turkey

On March 9, 2023, the U.S. Chamber of Commerce released both an Executive Summary and Full Report detailing the work done by the Chambers Commission on Artificial Intelligence Competitiveness, Inclusion, and Innovation (AI Commission) over the course of 2022-2023, calling for a risk-based regulatory framework that will allow for [AIs] responsible and ethical deployment. The AI Commission traveled across the United States and to London to hear from expert witnesses, including industry experts, government leaders, company executives, academics, and researchers; gain a better understanding of technological change and the status of AI implementation; and gauge public opinion on AI regulation.

The Summary and Report both related six key takeaways aligned with major themes:

The Report then suggested five Pillars for AI Regulation, which seek to provide a substrate for lawmakers and other policymakers considering how best to address quickly developing AI technologies and the rapid embrace by the market of such tools in a variety of circumstances. The Commissions determinations outlined the following:

Finally, the Report suggested several recommendations according to the following areas:

Among the materials cited by the Commission were two articles authored by BakerHostetler attorneys: AI-Human InteractionSoft Law Considerations and Application, 1 JARWA 4, 360370 (Feb. 18, 2022), which the Commission considered regarding the difference between AI conceptually and simple algorithms, and Archimedes Lever and Audience Participation or Multifactor Soft-Law Transparency for AI System Process Development, 5 RAIL 1 (2022), which was cited for the Commissions considerations of challenges in transparency and issues regarding a one-size-fits-all Transparency mechanism.

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Artificial Intelligence Competitiveness, Inclusion, and Innovation ... - Lexology

Some George Washington University faculty members discourage students from using artificial intelligence when doing coursework. Some would even categorize it as plagiarism. But Douglas Crawford, an assistant professor of interior architecture in the Columbian College of Arts and Sciences Corcoran School of the Arts and Design, is perfectly happy to have his students use a new AI tool called Midjourney.

He doesnt require students to use the software, but Crawford encourages them to at least try it. He sees it as just another tool in a designers kit, though its use isnt limited to architects and interior designers. And its much easier to learn than other graphic communication tools.

It's basically a digital art creation platform, Crawford said. To judge from what he sees online, he added, Midjourney has thus far been used mostly to create cartoon characters and sort of wild, mystical things.

But for interior architecture students, the platform can quickly create rendered floor plans, material palettes, perspective renderings and more. Crawford thinks the work his students are doing on the platform demonstrates that it is not just a cute way to create a cool image. This is a really useful tool that can produce both academic and professional design content very quickly that would otherwise take a lot of work.

Midjourney is readily accessiblefree to use at first in a trial period, and then available for $8 monthly for a basic plan. Almost anyone can learn it in perhaps half an hour, Crawford said. In response to text prompts, the software produces four static images. Users can then select their favorite of the four and refine it in various ways. It is possible to choose an image and upscale it (have it produced at higher resolution).

Anything you can describe with words, it can create an image of, Crawford said. If your prompt describes an L-shaped, 5,000 square-foot house in Arizona with one floor, and a kitchen next to a living room, it would produce it. And it will produce four variations of it. And then you can click on one and get four versions of that and just keep whittling it down until you get to something that is probably very close to what you have in mind.

Images produced by Midjourney as common PNG files can be exported to other programs like Photoshop or Illustrator for editing and further work. Midjourney doesn't invalidate all the other tools the students are using, but its speed is kind of incredible, Crawford said.

A flurry of articlespro and conon the place of AI in education has turned into a blizzard in recent months as technology has developed more and more quickly. At GW, AI has been on the horizon for some time. In September 2021, GWs School of Engineering and Applied Science was awarded $3 million from the National Science Foundation Research Traineeship program to emphasize the need for responsible and trustworthy AI.

After the launch in November 2022 of ChatGPT, a text-generating bot that produces various kinds of documents in response to prompts from users, a panel discussion attended by more than 200 people was held in January at Gelman Library. Various GW faculty members discussed their experience with AI, several saying that since students will be living in environments increasingly populated by AI, teaching them to responsibly use (or design) AI programs makes good sense. GW Provost Christopher A. Bracey said he would welcome additional dialogue as the technology evolves. The university plans to issue guidance soon regarding the use of AI in connection with graded coursework.

Using AI has been criticized for just being sort of a cheat, or like its just producing the stuff for you, Crawford said. But when is it ever the case that the computer creates something, and its exactly what you need? You always need to make some sort of change or adjustment to make it more of your own.

One of the students who have tried the new software, Sarah Butler, is using Midjourney for her senior capstone project in interior architecture for a cocktail bar and club set in Georgetown. She has used the platform to create material palettes, interior renderings, concept sketches and diagrams.

In response to Sarah Butler's text prompt, Midjourney produced four images of material palettes. (Contributed photo)

The images I have been making would sometimes take weeks on end to create on my own, but with this software, I can get them in a matter of seconds, Butler said. You can never create the same image twice, which makes the process completely original and unique. The images are created based on the words you choose and nothing more, so the final result is ultimately coming directly from you.

This is the first floor of a cocktail bar created by Sarah Butler using Midjourney. The second floor is shown below. (Contributed photos)

Midjourney is still new, Crawford emphasized. It was introduced only last fall and is evolving rapidly. And though no special language is necessary to write a prompt, you will obviously get better results if you know the specialized language of architecture and design.

A lay person can get fairly far with this, Crawford said. But someone who is a designer by training, or a student who has gone through design courses, is going to have a better choice of words in that prompt to get a better result. You need to understand what it is you're looking for, and to have that sort of design sensibility to pick between these four and to craft that prompt.

Crawford asks students to turn in the prompts they used together with the images produced so that they can discuss the wording and whether it could be edited to good effect.

The question of who is ultimately entitled to claim ownership of the prompts, he adds, is complicated.

Since you're writing in something that's effectively like a chat room, anyone else can see it or use it, Crawford said. There are all sorts of open questions here and complexity to this.

As AI technology develops, Crawford predicts that in just a matter of months, it will be creating whole 3D things, not just flat images.

If your text prompt called for the design of a bespoke object, a future version of Midjourney might create a 3D model of it, Crawford said. And if you then pressed send to a 3D printer, it would print it. This would be a huge leap forward, because right now creating something on a 3D printer requires the skill of being able to 3D model, which takes time to learn how to do. Were definitely in the really early days of learning what Midjourney can be. I'm excited to see where this goes.

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Artificial Intelligence Enhances Learning in the Architecture ... - GW Today

View from the Wing Excerpt from View from the Wing

Some websites dont care about quality, and whatever AI produces will be fine. But the trick isnt to compare content to what AI can do today. Large language models are developing quickly, and will revolutionize much of life in the coming years (though there will be pushback). For instance while two pilots still make sense in the cockpit, well get to the point where an AI co-pilot outperforms a human.

For online content creators, unless you have something unique and original to say, AI is coming for you. The people who will continue to stand out will:

Regardless of what you do, you should be using AI as a tool rather than seeing it as a competitor. Learning how to be effective with AI will put you in a position to leverage your time, rather than be outcompeted. Keep ChatGPT open and use it more than search. For instance, learn how to ask it questions to get better than milquetoast answers. If you just ask it for something, it will write a banal answer. If you ask it to write som

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Artificial Intelligence Is Changing Travel Blogs Completely - View ... - Hotel News Resource

Photo by Maximalfocus on Unsplash

The 21st century will probably be an even more exciting time to be alive than anything our species has witnessed before. We are on the cusp of a new era, where artificial intelligence will play a major role in shaping the future: We are about to witness the next economic revolution!

As businesses and economies around the world start to adapt and transform, its important to make sure youre prepared and aligned to profit for whats to come.

In my opinion, one of the best ways to do so is by at least building some investment exposure in artificial intelligence!

Lets deep dive into the next $1 trillion industry!

Artificial intelligence (AI) is set to revolutionize the future of economic development, allowing businesses to leverage unprecedented capabilities and streamline processes in an ever-changing landscape.

Its the new frontier and the next big economic revolution!

While many economists are worried about greenflation, onshoring, and other inflationary problems, unleashing artificial intelligence and robotics could be the next building block to keep the former in check and most likely add more productivity gains as those gone lost.

The big issue though will be:

Who is set to profit from whats to come?

Hoping for humanity to move in the right direction here, workers who learn to use AI to improve their own productivity are set to gain the most, second should be those who own the new winners and invest in the future.

You see, I dont believe our workforce will be replaced by AI, but I believe the current workforce will be slowly replaced by a workforce that understands how to make use of AI.

Its like a new machine, a tool, a hammer, or an engine: Those who know how to use them will improve their worth and productivity multifold going forward.

Its time to invest into the potential of AI by learning more about it, securing some ownership of promising ventures, the industry as a whole, and skilling yourself up!

Invest In Artificial Intelligence to unlock unprecedented opportunities and secure a market advantage in the 21st-century economy.

Artificial intelligence is set to revolutionize the way we live and work.

It is NOT to be ignored as it changes everything.

By investing some time to learn and leveraging its power, you could potentially unlock unprecedented opportunities and secure a market advantage in future economic growth.

As mentioned above, the best way to benefit from this new economy is by investing in AI technologies and companies that are going to help drive innovation and efficiency, so lets explore this field a bit more.

As an investor you got several options to get invested, you can review a few listed companies and try your luck, or you can invest in much broader diversified ETFs in artificial intelligence and/ or robotics. The most important point here is to be clear about whether or not to diversify!

Every time a new industry is growing, there will be hundreds if not thousands of contestants trying to make it, a large part of these will disappear again and in the end, some new players or even old players will emerge as winners of new technologies.

As an investor one got to be hyper-clear on this as you may have to think if you want to diversify or di-worsify. While diversification works for economies as a whole, your AI/ robo ETF position would still be a concentrated exposure in this niche field, hence, youd also be holding all the losers. And yes, you will also hold the potential winners!

When buying single stocks, you may be lucky to pick the right company, or you may face a total wipeout by investing in the wrong guys.

Diversify or di-worsify, theres a very fine line between the two!

Most importantly: Know what and why you are doing one or the other!!!

Without a doubt, as expenditure for AI solutions is growing at almost 30% year over year since 2019 (from $30bn to now close to $100bn in 2023), its highly interesting to own a piece of the action!

Did you know there are already more than 65 AI companies valued in excess of $1 billion?

So, how you can get your foot into this as investor?

There are three ways:

The right choice here is also up to you and how much time and effort youre willing to spend on researching and identifying the market.

The less time and expertise you bring with you, the more I tend towards diversification and/ or delegation while vice versa you might be finding great opportunities in this market by bringing up the right time and effort here!

Lets have a look.

There are several AI/ Robo ETFs already available to retail investors, with more being added all the time. This is a great way to get exposure to the market without having to do too much research.

All you need is an online broker and some money to get started.

Some of the most popular ETFs are: BOTZ, ROBO, IRBO, ROBT

BOTZ, the Global X Robotics & Artificial Intelligence ETF, got established back in 2016 and is a fund that invests in companies that potentially stand to benefit from increased adoption and utilization of robotics and artificial intelligence. This may include companies working in industrial robotics, automation, non-industrial robots, and autonomous vehicles.

ROBO, the ROBO Global Robotics and Automation Index ETF is focused on companies driving transformative innovations in robotics, automation, and artificial intelligence. It invests in companies that are mainly focused on AI, but also ventures into cloud computing and other technology companies.

IRBO, the iShares Robotics and Artificial Intelligence ETF aims to track the results of an index of developed and emerging market companies that might benefit from long-term opportunities in robotics companies and artificial intelligence.

ROBT, or First Trust Nasdaq Artificial Intelligence and Robotics ETF is more of an index tracking ETF as it seeks to track the Nasdaq CTA Artificial and Robotics Index made up of companies engaged in artificial intelligence and robotics in technology, industrials, and other sectors.

Disclaimer:

Please take note to do your own research and dont simply put all your savings into one of these funds, you may consider this niche as a tactical/ opportunistic satellite investment. Beware to get your asset allocation right and look for professional support in case of doubt!

While identifying and picking single stocks is the more difficult route to go about this, it might be the more rewarding route for investors willing to invest their time and do their homework.

The best opportunities await those who embrace ongoing learning!

However, I would not recommend this route for less experienced investors though as it requires not only more time but also a must deeper understanding of equity markets and a willingness to take action in a fast manner every once in a while.

Most recently Ive screened through a few tickers for this reason, a great way to go about it is to download the holdings/ position overview of the abovementioned ETFs and see what has been added and/ or decommissioned most recently.

While doing it this way will not give you a cutting-edge advantage and it comes with some delays, it will still give you some color about whats going on and what professional investors are doing! At least, you can learn something from doing this.

Ive found many interesting investing ideas by looking at holding lists of thematic ETFs and/ or mutual funds before. As for single stocks on AI/ robotics, let me share a non-conclusive (and static!) list of 20 stocks. Please dont take this simply as a buy-list or investing advice, do your own research and beware that things can change going forward.

IRBT (iRobot, the leading robotic and home innovation firm)

MSFT (Microsoft, a leading global software company, ChatGPT anyone?)

GOOG (Google says it all the leading global search platform)

TSLA (Tesla, the leading global autonomous driving software)

LMND (Lemonade, AI driven insurance provider)

AI (C3.AI, hey, the ticker is AI duh!)

NVDA (NVIDIA is a leading graphics and computing company)

AMZN (Amazon, the leading online shop powerhouse)

VERI (AI software and machine learning company)

IBM (IBM is still a relevant player, software, solution and consulting company)

MU (Micron, Memory and storage production leader)

SNOW (Snowflake Inc., international cloud-based data platform)

EPAM (EPAM Systems provides digital platform and software development services)

AMAT (Applied Materials provider of manufacturing equipment, services, and software to the semiconductor, display, and related industries)

ACN (Accenture provides strategy and consulting services globally)

META (Facebook, still one of the social media leaders, restructuring for a brighter future)

NOW (ServiceNow offers automation cloud computing solutions worldwide)

S (SentinelOne operates as an international cybersecurity provider)

AYX (Alteryx provides analytic process automation business solutions)

BIDU (Baidu offers search services mainly in China)

So, there you have it!

If youre one of those daring investors, I would suggest that you look into the fundamentals, business ideas and plans of these companies and do your own research before investing.

And dont forget to leverage professional advice where appropriate, you may book me on the DDI Chat for personal finance and wealth management sessions directly here:

Last but not least, you can also invest into the future using AI as your tool of choice.

However, be careful not to delegate everything to the bots just quite yet, but theres nothing wrong exploring some service providers who have developed amazing tools to navitage markets as a SaS provider:

For instance, there are a few of these service providers who focus on using AI to assess the content and sentiment of news & articles around publicly traded companies, helping investors make decisions based off data-driven signals.

You can also find some services that specialize in backtesting trading strategies to simulate how they would have performed over a certain period. If youre into algorithmic trading, this might be an interesting route to explore.

Finally, there are some providers of robo-advisory services, which automate the selection of investments and portfolio management processes for clients who dont feel comfortable managing their own assets. This could be another great way to leverage artificial intelligence in your investing journey.

Overall, AI is a great tool to help investors uncover new insights and make better decisions.

It can be an incredibly powerful way to invest in the future!

Just remember that no investment should ever be made without conducting due diligence first or talking to a professional first.

As long as you do your homework, there are plenty of potential rewards waiting for you!

One thing is sure, those who understand and make use of AI will be the ones to gain the most out of this opportunity.

From early adopters, innovators, investors and entrepreneurs, everyone will have an equal chance to create their own success stories in the new AI economy.

By investing in the right companies and taking advantage of AI-driven services, it is possible to reap greater returns while mitigating risk.

With the right strategies and tools, you can create a portfolio that will stand the test of time and provide you with financial security in the years ahead.

So, if youre looking for ways to invest in the future, consider AI as an option. Theres no harm to explore new tools to empower yourself further.

Stay informed, educated, profitable, and happy investing!

Matt

Originally posted here:
Invest In Artificial Intelligence To Profit From the 21st-Century Economy - DataDrivenInvestor