In partnership with

Good morning, aspiring leaders of the next-gen! ☀️

🚀 Here’s what’s going on today in the AI space…

(We are passionate about sharing AI tools, insights, and important news to busy leaders about AI in 5 minutes or less a day, because AI is changing so fast, indeed if you don’t want to receive these AI updates you can simply reply with STOP to this email)

Exa, a startup focused on developing AI models, has secured $17 million in funding led by Lightspeed Venture Partners with contributions from Nvidia, Y Combinator, and Google. This investment underscores the growing interest in advanced AI technologies and Exa's potential in the AI sector. The funding will help Exa enhance its AI models, aiming to improve efficiency and effectiveness across various applications. Read more

Anthropic has launched the Claude app for Android, bringing its AI chatbot to a broader audience. The app mirrors its iOS counterpart by offering free access to its top-tier AI model, Claude 3.5 Sonnet, with options for Pro and Team subscriptions. Features include device sync for conversations, real-time image analysis, and multilingual translation. Despite technical parity with leading AI models, Claude's consumer adoption has been slow, trailing behind competitors like ChatGPT in download numbers during launch periods. Read more

Andrej Karpathy, known for his roles at Tesla and OpenAI, has founded Eureka Labs, aimed at integrating AI with education. The startup plans to develop AI teaching assistants to enhance learning experiences, starting with a course on creating AI models. Despite not yet proving the effectiveness of AI in classrooms, Eureka Labs is exploring the potential of AI assistants in educational settings. Read more

Compare up to 5 business loans without a hard credit pull!

Compare 2024's top online business lenders. Secure and fast with no impact to your credit score. With over 12,000 small businesses funded, we know how to make lenders compete to give you the best offer. See your loan options in minutes, and get funding as fast as 24 hours. Strongest network coverage for those who have been in business for over 2 years with over $200K in annual revenue. Fuel your business today!

Calculate Payment

📔#1 Insights Today on AI. Click the Links to Read

Kate Crawford is a researcher, writer, composer, producer, and academic, who studies the social and political implications of artificial intelligence.She is based in New York and works as a principal researcher at Microsoft Research (Social Media Collective),the co-founder and former director of research at the AI Now Institute at NYU, a visiting professor at the MIT Center for Civic Media, a senior fellow at the Information Law Institute at NYU, and an associate professor in the Journalism and Media Research Centre at the University of New South Wales.

⬆️ ️ Trends: How Businesses Implement AI

Spotify has launched an AI Playlist tool, currently in beta, allowing users to create playlists from text descriptions. Available for Spotify Premium users in the UK and Australia, the tool aims to deliver music for any moment, facilitating a new way to discover music. The AI won’t produce results for non-music prompts and includes measures to prevent offensive content. As the tool evolves, Spotify is collecting user feedback to refine its AI's playlist generation.

The AI Playlist feature raises questions about AI’s role in arts and culture. Can AI truly understand complex human emotions and select the right song? There are also concerns about artist compensation on Spotify, with the current payout system criticized for offering minimal revenue per stream. The increasing influence of algorithmic playlists could impact smaller artists' visibility.

To use the AI Playlist, Premium users in the UK or Australia can go to the ‘Your Library’ tab, select ‘Create AI Playlist,’ and enter a text prompt describing their desired playlist. Spotify's AI will generate a song list based on the prompt, which users can refine further.

🛸Let’s Teleport in The Future

Goldman Sachs Revises AI Outlook: Hype Fading

Just one year ago, Goldman Sachs was highly optimistic about Generative AI, predicting it would boost global GDP by 7% and increase worker productivity by 1.5% over a decade. They estimated a $150B market for AI, with potential to automate up to two-thirds of US occupations.

However, Goldman has dramatically shifted its stance. Their new research questions whether the proposed $1T in AI capital expenditure will ever generate positive returns. Key points from their revised outlook include:

1. Truly transformative AI changes are unlikely within the next 10 years.

2. AI technology is too expensive for its current problem-solving capabilities.

3. Only a small number of tasks can be effectively automated by AI.

4. New productivity forecasts are much lower: 0.5% increase in productivity and 0.9% in GDP over the coming decade.

5. AI costs won't decrease as rapidly as originally thought.

6. Efficiency gains from AI might be neutralized by competition.

7. Widespread AI adoption could significantly increase power consumption.

   

This research revision could impact share prices in the intermediate term. The author, who claims professional knowledge of AI technology, suggests the hype was overdone from the start. They commend Goldman for publicly revising its stance, noting that many banks would avoid such an about-face.

The article concludes that when it comes to Generative AI, the hype is indeed fading.

🏟️ Giveaway

🤯 We're Giving Away Free AI Software, Courses, And Amazon Gift Cards! 🤯

This $2,000+ AI software bundle includes AI tools. It also includes dozens of courses, Amazon gift cards, premium templates, and more.

It could 10X your personal and business goals. 🚀

And We're Giving It ALL Away For FREE!

Enter For Free Today!👇

⚡ Prompting

6. Your Fitness Coach

Personal trainers and fitness coaches are expensive, even the ones that provide services online. I had an online PT for a few months, but those $50/month were eating away at my savings.

But that was until GPT-4o came out!

You can now ask the AI to provide you with tailor-made exercise plans, explain how to execute a specific exercise, or identifythe name of an exercise and the muscles involved, just like in the photo below.

I’m also super impressed by AI's NLP (Natural Language Processing) capabilities. Have you noticed how easy it is to understand everything it writes?

⚡ Hands-on: Supercharge With AI Tools

Work smarter, not harder!

Introduction to Replit AI: Replit AI is a powerful tool designed to automate repetitive coding tasks, allowing developers to focus on turning their ideas into software. It provides personalized assistance, collaborative AI chat, and contextual AI for every codebase, making coding more efficient and enjoyable.

Steps to Use Replit AI:

1. Sign Up and Log In

2. Start Building Your Project

3. Use Natural Language Prompts

4. Get Auto-Complete Suggestions

5. Utilize Contextual AI Features

Replit AI helps developers by automating repetitive tasks, providing contextual assistance, and enabling collaborative coding, making the software development process faster and more efficient. Start using Replit AI today to enhance your coding experience.

Visit Replit Ghostwriter: → https://replit.com/ai

I hope you find these resources helpful.Let me know if you have any questions, if there's anything else I can do to assist you, or what you would like to learn more about in AI.

Have an amazing day!

No more playing catch-up. It's time to GET AHEAD!!! 🚀🚀🚀

🙌🏼

Elena

⚡︎🔋 The Supercharged - loved by thousands of readers ❤️🙋‍♀️

The Supercharged is the #1 AI Newsletter for Entrepreneurs with 17,000 + readers working at the world’s leading startups and enterprises. The Supercharged is free for the readers. Main ads are typically sold out 2 weeks in advance. You can book future ad spots here.