a16z co-founder is right about AI

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Today we will be talking about-

• 📢Brand ads on AI sites are legitimizing fake news

• 💫a16z co-founder says AI will drive economic growth 

• 🚀Accenture signs up $100m gen AI projects

All this and more - Let's dive in!

👨‍🍳What’s cooking in the newsroom

Major brands unknowingly fund unreliable AI-generated news websites

🖨️News - A new report from NewsGuard has found that major global brands are unknowingly funding the growth of unreliable AI-generated news and information websites (UAINs).

The report found that global brands are unintentionally funneling programmatic advertising dollars to UAINs. This means that these brands are paying for their ads to be placed on websites that are often filled with low-quality content and misinformation.

😦So what’s the issue?

• It can legitimize the sites - When big brands advertise on AI-generated news sites, it can give these sites the appearance of legitimacy. This can make it more difficult for users to distinguish between real news and fake news.

• It can help to spread misinformation - AI-generated news sites are often filled with disinformation. Now, when big brands advertise on these sites, it can help to spread this misinformation to a wider audience.

• Can damage the brand's reputation - If a brand is found to be advertising on an AI-generated news site that is spreading fake news, it can damage the brand's reputation.

As per the study, Google Ads is a big player in the spread of misinformation. This is because it served more than 90% of the ads that NewsGuard identified on unreliable AI-generated news websites.

Marc Andreessen believes AI will make people even more valuable

☕News - Andreessen Horowitz co-founder Marc Andreessen believes that AI tools will make people more productive and valuable.

On the Lex Fridman Podcast, Andreessen said that young people who want to stand out in the AI world should use the new tools that are available to create new things and make a difference.

🎃Why does Marc think differently? Andreessen opined that we now have access to vast amounts of information and AI tools that allow us to learn and produce more than ever before. This could lead to the emergence of "hyper-productive" people who can create more books, songs, and other works of art than was possible in the past.

😐But why we aren’t already seeing many more such individuals? Andreessen said that one of the biggest challenges we face today is distraction. With so much information and entertainment at our fingertips, it can be easy to get caught up in consuming content and forget about creating our own.

As per him, Artificial Intelligence won’t destroy humanity but rather make the world profoundly better.

Accenture wins $100m of generative artificial technology projects in 4 months

📻News - Accenture PLC, a leading technology services firm, has announced that it has secured $100 million in projects in the field of generative artificial technologies (generative AI) over the past four months.

By sharing this metric, Accenture is showing that it is committed to future readiness and that it is investing in technologies that will help it to stay ahead of the curve.

🗞️What’s more? Accenture is using artificial intelligence to alleviate the concerns of investors. The company is confident that AI will be a significant growth driver in the future, just like cloud computing was. In the past four months, the firm has completed 100 AI projects.

According to Julie Sweet, chair and chief executive officer of Accenture, the company is working with a wide range of clients on Gen AI projects. These clients include companies from various industries, such as healthcare, finance, and manufacturing.

The consulting firm is also investing heavily in AI research and development. It has a team of over 2,000 AI experts constantly developing new Gen AI technologies.

🧐What else is happening?

• AI-powered personalized medicine could revolutionize healthcare

• Adobe offers IP indemnity for Firefly-generated outputs

• Investors are doing their own homework to assess the potential for AI disruption

• AI UK touts £21M fund to extend AI deeper into the National Health Service

• Students switch to AI to learn languages

📗Al-based books

• The Book of Why: The New Science of Cause and Effect by Judea Pearl and Dana Mackenzie - This book explains the science of causality and how it can be used to understand the world around us. It is a great book for anyone who is interested in learning more about how AI works.

• The Singularity is Near: When Humans Transcend Biology by Ray Kurzweil - This book argues that AI will eventually become so powerful that it will surpass human intelligence. It is a controversial book, but it is also a thought-provoking one.

• Algorithms to Live By: The Computer Science of Human Decisions by Brian Christian and Tom Griffiths - The book explains how algorithms can be used to make better decisions in our lives. It is a practical book that will give you some tools to improve your own decision-making.

 🤯Discover mind-blowing AI tools

1. IMAI - Marketing platform that empowers brands, online stores, and agencies to discover influencers

2. Namelix - Helps businesses come up with short, catchy, and brandable names

3. Appypie - A no-code development platform that allows users to create web and mobile applications without any coding

4. AutoDraw - A drawing tool that uses machine learning to create visuals quickly and easily

5. Shedevrum - A beta testing AI application that generates images based on textual descriptions

6. Be My Eyes - A free app that connects blind and low-vision people with sighted volunteers

7. Spline 3D - A 3D modeling tool powered by AI that allows users to create objects, animations, and textures using prompts

8. Oxolo - A tool for creating engaging e-commerce videos in just one click

9. Runpod - A cloud computing platform that provides users with access to GPU instances

10. Vocaloid - An AI-based technology created to fully support the musical expressiveness of creators

🎥 AI movie recommendation

• Transcendence (2014): A scientist's consciousness is uploaded into a computer, where it begins to evolve and develop its own powers. The movie explores the potential dangers of giving AI too much power.

• The Congress (2013): An actress agrees to have her likeness digitized so that she can continue to work even after she dies. However, the process goes wrong, and she finds herself trapped in a virtual world.

• The Animatrix (2003): This anthology film is set in the universe of the Matrix movies and explores the nature of reality and artificial intelligence. It is a visually stunning and thought-provoking collection of short films.