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- 📈 2023 was the just the beginning...
📈 2023 was the just the beginning...
+ Chris Nolan speaks on AI! 🍿
HAPPY NEW YEAR!
Thanks for being a Mindstream reader!
We can’t wait for all the exciting plans we’ve got for this year.
Here is what you need to know about AI today in 5 minutes.
Today, we are brought to you by RAD AI!
We are delighted to announce that Mindstream CEO and Co-Founder Adam Biddlecombe will be interviewing RAD AI CEO Jeremy Barnett!
Register for the free live event here!
Marketing is an art, not a science — or, at least it was.
RAD AI tells brands who their customer is, and how to best message them, significantly boosting the ROI of digital content. And 3x revenue growth this year suggests it's working.
Major clients like Accenture, MGM, and Sweetgreen — not to mention 6,000+ investors — already trust RAD including VCs, Fidelity and execs from Google and Amazon.
The last year was undoubtedly the beginning of the AI revolution.
But just how has that impacted companies really? Stocks are doing great - but is it just a bubble?
An interesting analysis from the FT shines some light…
Huge numbers for big tech
AI led to a complete tech boom - the post-covid economic blues were quickly overcome by the AI gold rush - just take a look at this chart.
That’s not all - The stock market value of Nvidia jumped by $800bn, making it the biggest percentage gainer of the large tech companies. All fuelled by the insane demand for their AI chips.
Useful - or hype?
With a huge number of companies now reporting using AI, the question is - how useful are they finding it really?
The issue of hallucinations is a big deal for companies - if AI can’t be trusted to produce factual information - how can it be relied on at all?
“It will be useful, but not as radically game-changing as many people hope,” says Peter Schwartz, head of strategy at Salesforce, one of the software companies seeking to embed generative AI into many of their products.
Will the AI stock hype hold up, or will Nvidia shares cool when other players enter the market?
Adobe has already reduced its revenue expectations for 2024, with their AI-powered suite not delivering the revenue gains expected.
2023 was just the beginning - how will AI play out over the coming year?
OUR VIEW:
Whether AI really will shake up our entire lives should be revealed in the next year. It’s going to be an exciting one!
🎨 YOUR DAILY IMAGE PROMPT
Start your day by trying this prompt in your image generator of choice.
“the most amazing beach imaginable ”
Happy with the result? ⬇️
📊 POLL OF THE DAY
We forgot to update yesterday’s poll! Sorry, everyone!
Vote below and submit your opinions for a chance to be featured tomorrow!
Which year do you think will end up being more important for AI? |
Yesterday’s Poll:
🎆 5 AI TOOLS TO START YOUR YEAR!
Try these AI tools this week!
DeepL: Advanced document translation tool offering nuanced, multi-language translations for various document types. DeepL Translate
Chatfuel: Chatbot platform for automating FAQ responses, enhancing customer support on messaging platforms. Chatfuel
Customers.ai: API integration tool for embedding automated chat messaging in apps with multi-platform compatibility. Customers.ai
ManyChat: User-friendly, no-code platform for creating and customizing chatbots for social media marketing. ManyChat
Brand24: AI-powered social listening tool for tracking and analyzing brand mentions across multiple online platforms. Brand24
💡AI-NSPIRATIONAL QUOTE
Believe in yourself, and you'll be unstoppable; the greatest limitations are the ones you place on yourself.
Legendary film director Christopher Nolan has spoken up on AI.
Many are comparing 2023 in AI to an “Oppenheimer” moment, and asked for his views on whether AI was similar to the development of nuclear weapons.
Nolan’s thoughts
Nolan says that the atomic bomb was a “force of destruction,” and policymakers need to address that differently than a tool such as artificial intelligence.
He warned against ascribing “godlike” attributes to the technology in ways that could allow companies and governments to deflect responsibility.
“We need to view it as a tool, and we need accountability for the people who wield the tool and the ways they wield the tool,” he said.
Copyright at the forefront
“When we look to the far reaches of where this technology might be applied or where it goes, I think it distracts from things that need to be addressed right now, like copyright law,” he said.
“They’re not as exciting and interesting to talk about … but there’s an immediate impact on employment and compensation that needs to be dealt with.”
OUR VIEW:
It is overblown to compare AI to nuclear weapons, but Nolan raises some interesting points.
📸 MINDSTREAM IMAGE OF THE DAY
Artwork submitted by Mindstream reader Joanna O!
Do you make AI art?
You can send in your artwork and we will feature it, with credit to you.
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👋 HAPPY NEW YEAR!
The first day of 2024 - have an amazing year folks!
Remember to vote in our daily poll if you haven’t already!
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