AI is a tool to be leveraged, not a substitute for human judgment: Ethan Mollick
Welcome to NextBigWhat’s Chief AI newsletter, an AI newsletter designed for busy professionals. Today’s edition includes 1 big AI insight, recommended AI tools, top AI news (headlines++) - i.e. a wholesome mix that keeps you ahead in the game.
Why you should build AI wrapper businesses
In the last 10 years, most successful tech businesses were…wrappers. A quick look at the top 2 categories (among Indian startups) and here they are:
SAAS
Fintech
Most of the funding and M&A has gone in these two spaces and the truth is that these 2 are…wrapper businesses [Read the rest]
AI tools
Scopey*: Scopey tackles scope creep, saving businesses up to 15% of annual revenue. Create custom scopes in minutes, collaborate transparently with clients, and get fast approvals.
Scopey's AI-copilot captures hidden change requests and turns them into upsell opportunities.
Protime: AI powered Newsreader and Productivity Assistant
Mistral Large 2: Top-tier reasoning for high-complexity tasks
*denotes a promoted product. Promote your AI product/service in the NBW's AI newsletter - reach out to us.
AI news (for busy leaders)
Apple releases first preview of its long-awaited iPhone AI
The preview released on Monday includes:
A new Siri look that makes the edge of the phone glow
Other Siri improvements, such as the ability to understand commands when the speaker stumbles over their words
Siri can now answer troubleshooting questions about Apple products
Better photos search and movie creation
AI-generated summaries for Mail, Messages, voicemail transcriptions
Writing Tools, Apple’s text-generation service
Meta is rolling out its AI Studio tools for custom chatbots
Instagram creators can now make AI doppelgangers to chat with their followers
Anyone can create their own AI designed to make you laugh, generate memes, give travel advice and so much more.
Creators can also make an AI as an extension of themselves to answer common DM questions and story replies, helping them reach more people.
Nvidia’s Huang on Mark Zuckerberg’s tomato slicing precision
“And so, Mark, I handed him a knife,” Huang said, “and he cuts the tomatoes. Every single one of them are perfectly sliced, to the exact millimeter. But the really interesting thing is, I was expecting all the tomatoes to be sliced and kind of stacked up, kind of like a deck of cards. But but when I turned around, he said he needed another another plate. And the reason for that was because all of the tomatoes he cut, none of them touched each other. Once he separates one slice of tomato from the other tomato, they shall not touch again.” (via)
Your kid's photos were used to train AI models (and you can't do anything about it)
Human Rights Watch just completed a sweeping audit of AI training materials and revealed that pictures of children scraped from the internet were used to train models — without the consent of the children or their families.
“Some children’s names are listed in the accompanying caption or the URL where the image is stored. In many cases, their identities are easily traceable, including information on when and where the child was at the time their photo was taken
- Google's total spending on AI training is expected to surpass $49 billion, or 84 percent higher than what the company averaged over the last five years.
- ElevenLabs' first India partnership: PocketFM: Pocket FM creators can now instantly convert scripts into audio in English and German with a single click. The company intends to expand its language offerings as it grows in Europe and Latin America this year.
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