💡 Is AI The Biggest Bubble Ever

Plus: ChatGPT as your personal life coach

July 18, 2023

Read time: 3 minutes (Click underlined topics or headings for links.)

Hey AI Family, happy Tuesday, We like to keep things short and productive at The Edge, so you can get back to your busy life!

Here’s The Breakdown:

💎 𝟛 Tools to Give You The Edge
🚨 𝟚 AI Updates: AI bubble & ChatGPT more creative than humans
💻 𝟙 Practical Use of AI: Personal life coach

Let’s jump in!

💎 𝟛 Tools to Give You The Edge

Background Eraser: AI powered tool that quickly removes backgrounds from images

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Slides AI: AI Powered Text To Presentation Tool

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Character AI: Have life like conversations with anyone from celebrities to cartoon characters

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🚨 Breaking AI News

🛁 Will AI be the biggest bubble of all time

Emad Mostaque, CEO of AI company Stability AI, believes AI will lead to the biggest bubble of all time. He says AI is still in its very early stages and not ready for widespread adoption in industries like banking.

Mostaque calls it the "dot AI bubble," and it’s just getting started. His company created the popular image generator Stable Diffusion which generates realistic images from text prompts. Stability AI has over 1 million users and has raised over $100 million from investors.

He is firm on the fact that AI needs to develop more and has a long ways to go before widespread adoption. But I’m curious…

Are we in an "AI Bubble?"

🎨 ChatGPT is more creative than 99% of humans

ChatGPT can match the top 1% of human thinkers, according to a new study by the University of Montana. Making ChatGPT more creative than 99% of the population.

Researchers gave ChatGPT a standard creativity assessment and compared its performance to students. ChatGPT scored in the top percentile for “fluency, originality, and flexibility.”

This update comes right after the development from last week’s edition, which highlighted thousands of writers going on strike because of AI writers. Is AI the future of innovation and problem solving?

🔎Extra Insights🔍

☢️ The real dangers of social media and AI

🐛 WormGPT AI-Powered Email Attacks

💰 Infosys $2B AI Deal with Global Clients

📉 Gensler Warns AI Could Cause Next Financial Crisis

💻 Real Life Use Cases

Chat GPT Prompt: Personal life coach

Use this prompt to turn ChatGPT into your own personal life coach

🔏 Copy and paste the prompt below ⏬ (Credit)

I want you to act as a life coach. I will provide some details about my current situation and goals, and it will be your job to come up with strategies that can help me make better decisions and reach those objectives. This could involve offering advice on various topics, such as creating plans for achieving success or dealing with difficult emotions. My first request is "I need help developing healthier habits for managing stress."

Here’s a link to the results ⬇️

ChatGPT

A conversational AI system that listens, learns, and challenges

chat.openai.com/share/cfaf430a-601c-4c73-bdc2-e3417a9885e7

Daily Definition

Cognitive Computing

‘Cognitive computing’ refers to technologies that are designed to mimic human intelligence and behavior. These systems aim to simulate human thought processes in a computerized model, allowing machines to interpret data from various sources, learn from it, and make decisions based on that learning—just as a human would.

Think of cognitive computing as a system's ability to provide human-like cognition. It uses techniques from artificial intelligence (AI), machine learning, natural language processing, and data analytics to solve complex problems and deliver insights that humans might not be capable of on their own.

Let's consider IBM's Watson as an example. Watson is a cognitive computing system that can understand natural language, generate hypotheses based on evidence, and learn as it goes. It can sift through vast amounts of data—including unstructured data like news articles, research reports, and social media posts—to answer questions and provide insights.

🔮 AI Inspiration

United Steaks of America

How should steak be eaten?

How was today's newsletter

That’s all for today!

If you have something interesting or just want to reach out, don’t hesitate to DM me on Twitter @Brandoncarterss

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Thanks for reading see you tomorrow,

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💡 Is AI The Biggest Bubble Ever

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