Good morning, aspiring leader of the next generation! ☀️

🚀 Have you heard the latest AI news? Ready for today's tech circus? Let's dive into the digital madness!

California's dropping AI laws like they're mixtapes. It's like the Wild West, but instead of sheriffs, we've got algorithms with badges! 🤠🚔

Mars is tossing a cool billion at tech for pet food. Soon, Fido's dinner will have a higher IQ than your smartwatch! 🐶💰

YouTube's embracing AI like it's a long-lost cousin at a family reunion. Get ready for "AI-Tube" where even your cat videos will have cinematic trailers! 🎬🐱

OpenAI's o1 is shaking up the AI regulation game. It's like bringing a quantum computer to a chess match! ♟️🖥️

AI governance is apparently too spicy for vested interests. It's like asking toddlers to set their own bedtimes! 👶🕰️

Fathom just raised $17M for AI notetaking. It's like having a really attentive student in class, but it's made of code and never needs to use the bathroom! 📝🤖

Accomplish More. Juggle Less.

Your business is growing, and so are your responsibilities. So what do you do?

You do more.

You see a chance to expand your reach and increase your impact.

You do more.

You take on more hours, juggle more deadlines, and wear more hats. You miss a ball game here and there. Come home late a few more nights. You spend a holiday or two in your inbox. And you tell yourself,

This season just requires more.

But what if growing your business isn’t about doing more things — but instead doing the right things?

What if you could enjoy the holidays this year knowing that someone else is handling the “more”?

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

Joanna Joy Bryson is professor at Hertie School in Berlin. She works on Artificial Intelligence, ethics and collaborative cognition. She has been a British citizen since 2007.

⬆️ ️ Trends: How Businesses Implement AI

The construction industry is rapidly embracing AI, with market forecasts projecting growth from $1.3bn in 2022 to $13.5bn by 2030. However, successful AI integration requires careful preparation and a solid foundation of clean data.

Before implementing AI, companies must establish clear objectives and assess their current data quality. The process begins with business intelligence (BI), where human analysts prove that existing data can solve intended problems. Data cleaning is crucial, as up to 80% of accumulated data may be unusable.

Companies with established business intelligence and Building Information Modelling (BIM) systems have an advantage in AI adoption. These tools provide a rich, machine-readable data foundation. Key applications of AI in construction include risk assessment, project planning, and improving bidding processes.

The timeline for AI integration varies, taking up to a year for larger organizations and a quarter for smaller ones. This process involves setting up infrastructure, cleaning data, and refining processes.

While the path to AI adoption is complex, the potential benefits are significant. Companies that successfully integrate AI will gain a competitive edge, improving project outcomes and operational efficiency. As the industry evolves, AI adoption will become increasingly crucial for staying competitive in the construction market.

🛸Let’s Teleport in The Future

Amazon Unveils Project Amelia: AI-Powered Assistant for Sellers

Key Points:

1. Launch Details:

   • Amazon introduces Project Amelia, an AI assistant for sellers.

   • Built on AWS's Amazon Bedrock.

   • Available in beta to U.S. sellers starting September 19, 2024.

2. Functionality:

   • Answers questions about seller metrics and business performance.

   • Provides summaries of sales data, customer traffic, and year-over-year comparisons.

   • Allows for follow-up questions on specific products.

3. Future Capabilities:

   • Will help resolve issues and aid with other tasks.

   • May offer to solve problems on sellers' behalf.

   • Plans to connect sellers with Amazon's support team when needed.

4. Rollout Plan:

   • Initial access for select U.S. sellers.

   • Broader U.S. rollout to follow.

   • International expansion and additional language support planned for later in the year.

5. Strategic Importance:

   • Aims to empower sellers to manage and grow their businesses more efficiently.

   • Part of Amazon's broader initiative to leverage generative AI across its platform.

6. Related AI Initiatives:

   • Follows the launch of Rufus, an AI chatbot for consumers.

   • Complements other AI tools for product listings and advertising.

   • Aligns with AI enhancements in product recommendations and descriptions.

Implications:

Project Amelia represents Amazon's commitment to integrating AI throughout its ecosystem, potentially transforming how sellers manage their businesses on the platform. This move could streamline operations for sellers and potentially increase their success on Amazon's marketplace.

Quote:

Mary Beth Westmoreland, VP of Amazon's Worldwide Selling Partner Experience: "By leveraging the transformative power of generative AI, we are creating and deploying technologies that will improve how sellers can manage and grow their businesses."

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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

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