🤖 Generative AI's Economic Boom & AI's Controversial Role in Film

Explore generative AI's massive economic potential, and the rising tension in Hollywood over AI's role.

Author

Andrej Šimunaj
July 16, 2023

Hello there!

Here’s today’s summary:

💰 Transformative Impact of Generative AI on the Economy
🎬 AI in Hollywood: A Game-Changer or a Controversy?
🎉 Bard releases new features, languages, and countries!
 💼 Hugging Face: AI Startup on a Financial Upward Trajectory
🌐 Meta's Quest to Dominate the AI Landscape
📚 How To Turn Doodles into Digital Art in Seconds
🧰 Tools by MyZone.AI
🪄 Prompt of the day

Reading time: 5 minutes

🗞️ Hottest News

1. 💰 Transformative Impact of Generative AI on the Economy

Generative AI stands to infuse trillions into the global economy, promising immense benefits for sectors like banking and retail. With an estimated value of $2.6 trillion to $4.4 trillion, generative AI could spike productivity growth by 0.2 to 3.3 percent from 2023 to 2040. Nonetheless, it's crucial to navigate hurdles such as intellectual property concerns and content fairness.

2.🎬 AI in Hollywood: A Game-Changer or a Controversy?

The Screen Actors Guild (SAG) and the Writers Guild of America (WGA) are striking over AI's expanding role in filmmaking. The proposed concept of scanning and digitally reproducing background actors without further consent has caused an industry uproar, shaking the foundations of traditional filmmaking and actor rights.

Source 🔎

3. 🎉 Bard releases new features, languages, and countries!

Bard, a creativity-enhancing tool, has announced its largest expansion yet, now available in over 40 languages and accessible in multiple countries. New customization features have been introduced, including the option to listen to Bard's responses, adjust response tone and style, and pin and rename conversations. Furthermore, Bard now enables the export of Python code to Replit, making it more valuable for coding tasks. These updates aim to increase productivity and meet the requirements of entrepreneurs and executives.

Source 🔎

4. 💼 Hugging Face: AI Startup on a Financial Upward Trajectory

Hugging Face, a prominent AI startup, aims to raise significant venture capital at a $4 billion valuation. Their Series D funding round underscores the escalating investment interest in AI, particularly in large-language models. Hugging Face's success story is a testament to the potential that open-source AI models hold.

Source 🔎

5. 🌐 Meta's Quest to Dominate the AI Landscape

Meta is set to release an open-source AI model as it seeks to rival tech giants like OpenAI and Google. The forthcoming model, capable of generating text, images, and code, is an ambitious move to position Meta as a key player in the AI industry while weighing the pros and cons of open-source AI models.

Source 🔎

📚 How To

How To Turn Doodles into Digital Art in Seconds

  1. Visit the Clip Drop Stable Doodle website mentioned in the video. (Here’s the link).

  2. Draw the doodle that you want to transform into a real image. Use the drawing tools available to create your doodle.

  3. After drawing your doodle, describe the image you want to generate using text. For example, "A dog in front of a farmhouse on a hill on a beautiful sunny day."

  4. Click on the "Generate" or similar button to initiate the transformation process. Stable Doodle will use AI technology to convert your doodle into an image.

  5. Review the generated images. Stable Doodle will provide you with multiple options based on your doodle and description. You can select the one you like the most.

  6. If desired, you can choose a specific style for the transformation. Stable Doodle offers various style options that can be applied to your doodle.

  7. If you encounter a usage cap or want to access additional features, consider signing up for a Clip Drop account. Visit the Clip Drop website and follow the instructions to create an account.

  8. Experiment with different doodles and descriptions to see the range of results that Stable Doodle can produce.

  9. Download the transformed image if you're satisfied with the result. Clip Drop allows you to save the images to your device for further use.

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🪄 Prompt of the Day

Improve your Career Path and Avoid Pitfalls:

ChatGPT can be a great career mentor, and we found an amazing prompt that showcases its skills in this aspect.

Try the prompt yourself:

Analyze and list the common pitfalls individuals encounter while pursuing their dream job of [add career path]? Please provide a comprehensive, step-by-step guide to help avoid these mistakes and also a detailed career roadmap, including timeframes and priorities.

You should get an answer similar to this:

🤖 And that's a wrap on this edition of MyZone.AI Newsletter

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