AI Chatbots Can Infer Personal Details from Conversations?! 😱

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

When you signed up for this newsletter, I promised to act as your business strategist and help you understand what's happening in the ever-evolving and fast-paced world of AI so you can SUPERCHARGE aka leverage AI tools for growing your business and career.

🙏🏼 Here’s what’s going on this week…

🤖 #1 Insights this week on AI. Click the links to read:

• With AI's leaps and hints from Andreessen's 'Techno-Optimist Manifesto', there's a looming question: When AI thinks like us, will we even notice? Entrepreneur, are you poised to navigate this unseen frontier?→link

• IBM just developed a new brain-inspired AI processing chip called NorthPole, which can perform tasks like image recognition much faster while using far less power. →link

• Nvidia and Foxconn - “AI factories”  →link

• How transparent are AI models? Stanford researchers found out. →link

🧰 1 AI GAME CHANGER TOOL to Supercharge Your Productivity

Here's why AI-powered chatbots are a game-changer for your business:

Website AI: Chatbots can be programmed to guide users throughout your website, promptly addressing queries and ensuring a smooth browsing experience for visitors.

Document AI: From user guides and reports to other documentation, the chatbots can pull data from PDFs, providing instant information to your clients.

Always-On AI: Offer continuous information and support to your customers, enhancing their overall experience and contentment.

CHECK OUT THE TOOL WE CHOOSE TO SHOW YOU THIS WEEK:

Custom ChatGPT bot: This mega tool is awesome if you want to hack the customer experience on your website. Dropchat lets you create a chatbot trained on your website, PDFs, YouTube videos, and more. → link

⏩ If you don’t know where to start book a 30-minute call with an AI expert to determine efficiency gaps and places for improvement.

🧳 Insight: You Have The Most Powerful Tool That Humanity Has Ever Had At Your Fingertips - ChatGPT:

AI Chatbots Can Infer Personal Details from Conversations?! 😱

New studies reveal that sophisticated chatbots, such as ChatGPT, possess the ability to discern confidential user information from casual dialogues. The vast and diverse training data of these chatbots allow them to draw astoundingly precise conclusions. Even without direct mentions of personal data, these AI systems can interpret details through contextual clues. This underscores the evolving concerns tied to chatbot usage as their abilities expand.

For example, a user's manner of communication might give away clues about their geographical location, age, ethnicity, and more. Research lead, Martin Vechev, raises alarms regarding the potential abuse of such insights. There's a risk that malevolent actors might manipulate chatbots to gather private data, while marketers might leverage these insights for targeted advertising.

🔥 NEW AGE MINDSET🔥

This is interesting, how can robots connect emotionally with humans? Doing parkour 😎 

Robotics combined with AI will transform the role of human power in the new economy. Not only for routine tasks but also for doing the heavy lifting of so many jobs.

Welcome to the new economy, we are not living in an epidermal change, we are living in a re-engineering of the whole economy. It was an interesting time. To adjust we need to stay resilient and grounded in ourselves and really be aware of how we are using technology to create more good and keep ourselves and our brains sharp and focused. The fast-paced nature of social media, where users quickly scroll through posts, can condition the brain to expect constant stimulation. Over time, this might lead to a reduced attention span for tasks that require sustained focus. Here is a technique for enhancing and sharpening your brain’s memory:

1. Chunking: Breaking down information into smaller groups or "chunks" makes it easier to remember. For instance, a long sequence of numbers can be easier to remember when grouped: 1234567890 becomes 123-456-7890.

2. Mnemonics: These are memory aids or tricks to help remember information. For example, the mnemonic "Every Good Boy Deserves Fruit" helps in remembering the notes of the lines in treble clef (E, G, B, D, F).

3. Visualization: Associating a visual image with information can make it more memorable. If you're trying to remember a list, picturing each item in a familiar place (like rooms in your house) can help.

4. Repetition: Repeating information, or rehearsal, strengthens the memory traces in the brain. The spaced repetition technique, which involves reviewing information at increasing intervals, is particularly effective.

5. Elaborative rehearsal: Instead of rote repetition, delve deeper into the material. Try to relate it to what you already know or explain it in your own words.

6. Mind Maps: These are visual representations of information, with related topics branching out from a central idea. Mind maps can help organize and visualize complex information.

7. Focus: Minimize distractions when trying to learn or memorize. The brain encodes information more effectively when fully attentive.

8. Rest: Sleep is crucial for memory consolidation—the process by which short-term memories are transformed into long-term ones.

9. Healthy lifestyle: A balanced diet, regular exercise, and stress reduction all promote better brain health and memory function.

10. Testing: Testing yourself or having someone test you can strengthen your memory. It's a principle known as the "testing effect" or "retrieval practice."

11. Storytelling: Turning a list or piece of information into a narrative can make it more memorable.

12. Association: Relating new information to something you already know can enhance memory. For instance, if you meet someone named Rose, you might remember her name by picturing a rose.

13. Stay organized: Keeping information structured, whether through outlines, lists, or other methods, can aid recall.

🌐 Web3: Investor’s Insight of AI: A Roundup of the biggest deals in AI this week

• Microsoft seems to have cleared the last hurdle to acquire Activision in a $68.7 Billion deal. →Read more

• Hollywood actors continue to strike and demand No Fake Acts, which would protect actors from unauthorized AI replicas.→Read more

• 6 VCs explain how startups can capture and defend market share in the AI era →Read more

Web3 technology is disrupting traditional business models by providing a decentralized, secure, and transparent framework for businesses to operate on. This technology is set to revolutionize industries such as finance, real estate, and supply chain management, among many many many others. Keeping up with the latest news and developments in the web3 space can give businesses a competitive edge in the market.

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.

Have an amazing day!

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

🙌🏼

Elena

❤️ loved by thousands of readers 🙋‍♀️

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Here's the Disclaimer: None of what I share is financial advice. This newsletter is for convenience and educational purposes only and is not investment advice or a solicitation to buy or sell any NFTs, Crypto, AI, or anything else for that matter. Please do your research and consult with a pro.