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Welcome back to the latest roundup of Generative AI world where Bill Gates is happy but skeptical about AI as White House issues directives for keeping federal AI use under check. SAP is looking at a 15% increase in revenue from Generative AI while journalists are looking at devaluation of their work due to AI. GenAI might be coming to your home appliances but IBM believes in its potential to supercharge product innovation.

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Trending In GenAI

1. Is Bill Gates Happy Or Scared Of Generative AI ?

2. IBM Believes In GenAI Use For Product Innovation

3. Generative AI Coming For Your Home Appliances Soon

4. SAP Expects 15% Increase In Revenue Driven By GenAI

5. White House Wants Chief AI Officers All Around

6. Journalists Happy Or Angry With Generative AI ?

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Bill Gates Voices Concern Over Generative AI Advancements?

Bill Gates has recently talked about how only 2 demonstrations of tech has struck him as revolutionary so far, with one of them being that of “graphical user interface” in 1980 and the other being last year when a problem he gave to OpenAI was solved in few months as compared to his expected 2-3 years. While he is welcoming towards the potential of Generative AI in different fields of education, health etc. he is wary of the associated risks and ethical considerations which have to be cemented for a prosperous progression. Keep Reading

IBM Believes Generative AI Will Accelerate Product Innovation

IBM has recently admitted in one of their blogs about the supremacy of Generative AI in the field of product innovation and how proper use cases need to be explored well for a proper upgrade in product innovation. From addressing customer inquiries with an AI-driven chatbot to accelerating product modernization to analyzing customer behavior for tailored product recommendations to analyzing customer feedback to inform business strategy or applying customer segmentation for intelligent marketing. The use cases for generative AI are just starting and still have a long way to go but IBM stays hopeful about its advent and progress if applied in the right way. Know More

Generative AI Coming To Your Home Appliances Thanks To Google & GE

Imagine asking your refrigerator about when you’ll be running out of milk or being warned by your washing machine about washing certain clothes in certain setting. With Generative AI creeping into your homes faster than you would have thought, your home appliances are all set to be more than smart with GenAI as GE and Google have collaborated on SmartHQ app which is designed to make appliances smarter and more personalized. GE’s Flavourly AI which is based on the technology by Google is already making waves but its being termed as the precipice of bringing Generative AI home in a true sense. Read More

SAP Looking To Quadruple GenAI Use Cases By 2024 End

SAP is looking for a 10-15% increase in revenue from generative ai as it aims to quadruple generative ai use cases by this year’s end. As per SAP’s first Chief AI officer Philipp Herzig, Generative AI powered sales is set to garner a disproportionate share of future P&L at the enterprise level for the tech giant. Currently boasting of 30 different use cases in customer experience, HR and documentation, sales and services domains, SAP is set to end the year with atleast a 100 more use cases resulting in a total of 130 use cases by 2024 end. Keep Reading

White House Wants Chief AI Officers To Keep Federal AI Use Responsible

The White House has recently unveiled a groundbreaking policy which requires federal agencies to identify and mitigate the potential risks of artificial intelligence(AI), emphasizing the government’s commitment to the responsible deployment of AI technologies. Putting each federal agency under a deadline of appointing a Chief AI Officer within 60 days, the policy terms the officer to be held responsible for coordinating AI implementation and ensuring compliance with policies. Building up on the executive order on AI by President Joe Biden in October which outlined broad measures to promote safe and responsible AI development across sectors, this policy is set safeguard the American people’s rights and safety as per VP Kamala Harris. Know More

Is Generative AI Causing An Untimely Death Of Journalism ?

As numerous journalism organizations are exploring the use cases of AI-generated content, with the cost of authoring written content having plunged in just 2 years from around $100 per 1000 words to 4 cents, one cannot help but wonder if darker times lie ahead for journalists. While The New York Times has hired an editorial director for AI initiatives, its prudent to recognize the limitations of what AI can do for journalism as well as understand news organizations’ apprehensions about AI-generated content. Read On