Edinburgh surprises AI researchers

Reading time: 5 minutes  

 Newsletter | News | Tools 

Today we will discuss-

• 🤗Edinburgh to welcome world's most powerful supercomputer

• 😥NVIDIA cancels Israel AI Summit amid safety concerns

• 💸Generative AI to contribute trillions annually in productivity

• 😱9 amazing AI tools you might not have heard of

All this and more - Let's dive in!

👩‍🍳What’s cooking in the newsroom?

Edinburgh becomes a global leader in AI research with its new supercomputer

🖥️News - To maintain its global leadership in scientific discovery, the UK government continues to invest in the country's world-leading computing capacity. In a recent move, the UK is set to welcome a next-generation supercomputer in Edinburgh. British researchers will soon have access to an ultra-fast, versatile resource to help them pioneer AI safety research.

👨‍💻But what is this new supercomputer? It is an exascale system that will be able to carry out complicated workloads while also supporting critical research into AI safety and development. Well, An exascale system is a supercomputer which is so powerful that it can solve problems that are currently too difficult for any other computer to solve. The problems can range from simulating the climate, to predicting the behavior of complex proteins, and designing new materials.

This is part of the government's £900 million investment in uplifting the UK’s computing capacity and helping the country drive economic growth.

✨What’s the most interesting fact here? The exascale system's immense computational power will empower researchers to train and test AI models at unprecedented speeds. This acceleration in processing capabilities will significantly contribute to the development of more capable and efficient AI systems, ultimately benefiting a wide range of industries and society as a whole.

Israel-Hamas conflict forces NVIDIA to cancel AI summit in Tel Aviv

🙅‍♂️News - NVIDIA has canceled its two-day AI Summit in Israel, which was scheduled for October 15-16 in Tel Aviv. This decision was made due to concerns about the safety and well-being of participants.

The summit, set to kick off with a keynote by Nvidia CEO Jensen Huang, aimed to cover a wide range of AI applications, such as generative AI, healthcare, Large Language Models, cybersecurity, robotics, omniverse, autonomous vehicles, and more.

🤔How will current events impact Israel's AI market?

• In the previous month, Israel's government launched a national AI program aimed at positioning the country as one of the top 5 global AI powers. Prime Minister Benjamin Netanyahu had announced his intention to formulate a national policy regarding civil and security applications of artificial intelligence after conversations with tech billionaire Elon Musk and OpenAI CEO Sam Altman.

• With 1500+ AI focused startups, Israel's AI market was projected to reach $1.54 billion by year end and was expected to grow at a rate of 17.21% annually, reaching $4.68 billion by 2030, according to global data and business intelligence platform Statista.

• However, the ongoing attack by Hamas on Israel, resulting in over 1000 casualties and several residents being taken hostage, threatens the growth of Israel's AI market. The attack may shift government priorities away from AI initiatives towards national security, further causing delays in AI regulation and jeopardizing Israel's aspiration to be a global AI leader.

Gen AI can potentially add up to $4.4T to global economy, report finds

🤯News - According to a report by global consulting firm McKinsey & Company, the generative artificial intelligence sector could contribute an annual value of $2.6 trillion to $4.4 trillion in the near future.

The report's basis for its economic projections comes from two analyses: one assessing AI's impact on over 800 job types and the other examining how AI can benefit organizations in various use cases.

🕵️‍♂️What were the key findings?

• The report anticipates that between 2030 and 2060, AI tools, particularly generative AI tools like ChatGPT, are expected to automate almost all forms of work.

• The adoption of automation is projected to occur more rapidly in wealthier nations, driven by higher wages that make it economically viable in the short term. On the other hand, lower-wage countries like China, India, and Mexico are anticipated to embrace automation at a slower pace in comparison to higher-wage countries such as the United States and Germany.

• Contrary to popular belief, the report highlights that AI is expected to have a more significant impact on higher-wage workers that often take care of more complex tasks, rather than solely replacing lower-level workers that perform repetitive tasks.

• The report also found that Generative AI is expected to have the most significant impact on knowledge work, specifically in decision-making and collaboration tasks, which were traditionally less prone to automation.

👩🏼‍💻What else is happening?

• Japan to propose rules for generative AI to G7 leaders

• Snapchat's AI chatbot may pose privacy risk to children, says UK watchdog

• Microsoft to unveil its first AI chip next month to reduce Nvidia GPU costs

• Deepfake audio of Sir Keir Starmer released on first day of Labour conference

• AI to significantly enhance economic growth in US, Singapore, and Sweden, study finds

 🤖Interesting facts

• The "CloudPainter" team, consisting of both a human artist and an AI, collaborated to create a unique masterpiece in the 2018 RobotArt competition. The human artist initiated the painting, while the AI, trained in various art styles, offered creative directions, resulting in a one-of-a-kind collaborative creation.

• In 2014, a chatbot named "Eugene Goostman" achieved a groundbreaking milestone by convincingly posing as a human during a Turing Test competition. This was the first time that a chatbot passed the Turing Test, demonstrating its ability to mimic human-like intelligence in conversation, as assessed by judges.

• A self-driving Uber car fatally struck a pedestrian in Tempe, Arizona in 2018. The incident showcased the limitations of self-driving technology, triggered public skepticism, and spurred debates on regulations, ethics, and ongoing research for safer autonomous vehicles.

👩🏼‍🚒Discover mind-blowing AI tools

1. CatStyle - An AI-powered app that generates realistic images of your cat modeling crazy costumes, uniforms, accessories and more

2. Yobi - An all-in-one app that enhances conversations by unifying messages from various channels into one inbox

3. SomniAI - An AI-powered tool that analyzes dreams to provide personalized interpretations

4. AutoReviews - An AI-powered tool that automatically responds to customer reviews and feedback

5. Swyft AI - An automated tool that helps manage and update Salesforce CRM data

6. Muzify - An AI-powered platform that creates personalized music playlists to accompany books

7. ThunderClapAI - An AI-powered Twitter tool that helps to boost engagement and followers

8. Roboto AI - A cloud-based AI data engine for exploring and analyzing robotics data

9. Hints - An AI assistant that integrates with chat applications and CRM systems, allowing users to easily manage tasks

🙀Mythbuster 

Myth - AI can solve any problem

Fact - AI has the potential to solve a wide range of problems, but it isn't a universal solution for every problem. While AI systems are well-suited for tasks such as pattern recognition, and data analysis, there are many problems AI may not be able to solve, especially those that require common sense, the ability to reason, and ethical judgment.