- The AI Report
- Posts
- š¢ Google relaxes AI usage rules
š¢ Google relaxes AI usage rules
š„ Grammarly takes on ChatGPT?
TOGETHER WITH SUBSTRATA
Welcome to AI Tool Report!
Wednesdayās top story: Google has updated its AI usage policy to allow customers to use its AI in high-stakes environments, such as healthcare, if there is human supervision.
šŗ To secure B2B deals 3X faster, we recommend you try Substrata: It has specialized AI models to navigate the "social dance" between sellers and prospects.
š¤ļø This Morning on AI Tool Report
š¢ Google relaxes AI usage rules
šŗ How to Secure B2B Deals 3X Faster with Substrata
š„ Grammarly takes on ChatGPT?
š¼ How to become an AI Consultant with Innovating with AI
š§ How to nurture cold leads using ChatGPT
āļø OpenAI launches new and improved o1
Read Time: 5 minutes
FACT OF THE DAY
š¤ During a game week, the NFL uses AI to capture and process 6.8M video frames and 100M player locations and positions on the field, and during practice, it processes 15,000 miles of player data. This translates to more than 500M data points which it uses to establish which players are at the highest risk of injury and develop personalized injury prevention courses for them.
STOCK MARKETS
āøļø The market paused for a breath, on Tuesday, after a wild start to the week. Tesla was the exception to this rule, as it kept on rising, adding another 3.64%. Traders are very interested in the stock with the trading volume exceeding 129M shares (for context, the 30 day average is 101M). Learn more.
ā ā ā ā ā ā ā
POLICY
Our Report: Google has relaxed its āGenerative AI Prohibited Useā policyāwhich previously banned customers from using its AI tools to make high-risk automated decisionsāto clarify that customers can now use its AI tools to make āautomated decisionsā in āhigh-riskā domains, as long as there is some sort of āhuman interventionā during the process.
š Key Points:
With human supervision, customers can use Googleās AI to make decisions in areas that could impact someone's rights or well-beingāsuch as healthcare or employmentālike screening job candidates, for example.
Requiring human oversight will help mitigate biasāAI is prone to picking up historical biases in dataāand give humans accountability, so AI isnāt relied upon, as the sole decision-maker.
Googleās approach is more flexible than its rivals, OpenAI (which prohibits the use of its AI in all high-risk areas), and Anthropic (which, allows the use of its AI, but it has to be disclosed, and under professional supervision).
š¤ Why you should care: For a long time, regulators have expressed concerns about relying on AI systemsāwhich are notoriously prone to giving biased and discriminatory outcomesāto make decisions that affect individuals' rights and well-being, and as a result, in the EU, AI systems in high-stakes areas must be registered on a database, be supervised by humans, and pass strict quality and risk tests, and in the US, states like Colorado and New York have introduced laws that require AI developers to disclose information about āhigh-riskā AI systems.
ā ā ā ā ā ā ā
TOGETHER WITH SUBSTRATA
Complex deals are often affected by office politics, hierarchies, egos, emotions, attitudes, and power dynamics. Using Substrata can significantly increase the chances of securing B2B deals across many industries and categories.
Substrata has developed dozens of specialized AI models to help dealmakers navigate the subtle "social dance" between sellers and prospects:
Analyze any prospect's LinkedIn profile to extract their natural personality structure and tendencies
Monitor your prospects' fluctuating levels of interest (Signals)
Analyze any thread or message to determine real sentiment and relative balance of power
Simulate message drafts before sending them to eliminate potential risks or issues
Optimize responses, follow-ups, and more
Track your and your team's ongoing performance
Substrata uses Social Signal Processing (SSP), which is a specialized AI domain that deals with the detection, analysis, and synthesis of behavioral data from digitally mediated human-human interactions, such as B2B dealmaking, sales, and HR interviews. It encompasses both verbal and nonverbal data.
TRENDING TOOLS
Surfshark keeps your internet and devices protected from online threats for 2.49$/month (+ 4 extra months) āāāāā / 5 (Trustpilot)
Meco is a distraction-free space for reading and discovering newsletters, separate from the inbox
LinkedBase is an AI-powered LinkedIn lead generation tool
ā ā ā ā ā ā ā
ACQUISITIONS
Our Report: AI-powered writing software start-up, Grammarly, has acquired productivity start-up, Coda, and as part of the acquisition, also acquired Codaās co-founder and CEO, Shishir Mehrotra (YouTubeās former CPO and CTO), who will become Grammarlyās new CEO, with current CEO, Rahul Roy-Chowdhury, stepping into more of an advisory role, to support Mehrotra.
š Key Points:
Grammarly will integrate Codaās AI tools into its platform, giving its AI writing assistant productivity tools and giving customers access to new features to help them work more efficiently.
Mehrotra outlined plans to make the AI writing assistant āeven smarter and more helpfulā with āpermission-aware connectionsā to other systems, like emails, Google Docs, CRM platforms, and project trackers.
His long-term plan is to weave Coda and Grammarly together and build an AI productivity platform where customers can access company knowledge, AI chat features, a full productivity suite, and agents.
š¤ Why you should care: Grammarly has built AI agents that can write, detect plagiarism, and proofreadāwhich are used by over 40M people, dailyāand Coda has built a productivity suite that includes tools that can unlock and centralize company knowledge across 800+ enterprise applicationsāwhich is used by over 50,000 enterprise teams, including the New York Timesāso combined, the two companies should be well-positioned to compete with models like ChatGPT, Claude, and Copilot, who also provide AI writing and productivity features.
ā ā ā ā ā ā ā
TOGETHER WITH INNOVATING WITH AI
The AI consulting market is about to grow by a factor of 8X ā from $6.9B to $54.7B in 2032.
But how does an AI enthusiast become an AI consultant?
How well you answer that question makes the difference between just āhaving AI ideasā and being handsomely compensated for your contribution to an organizationās AI transformation.
Thankfully, you donāt have to go it alone ā our friends at Innovating with AI have welcomed 300 new students into The AI Consultancy Project, their new program that trains you to build a business as an AI consultant.
Some of the highlights current students are excited about:
The tools and frameworks to find clients and deliver top-notch services
A 6-month plan to build a 6-figure AI consulting business
Students getting their first AI client in as little as 3 days
And as a reader of AI Tool Report, you get early access to the next enrollment cycle.
PROMPT ENGINEERING
ā ā ā ā ā ā ā
Wednesdayās Prompt: How to nurture cold leads using ChatGPT
Type this prompt into ChatGPT:
Draft an email sequence for nurturing leads that have gone cold
Results: After typing this prompt, you will get an automated email sequence that will help you nurture cold leads.
P.S. Use the Prompt Engineer GPT by AI Tool report to 10x your prompts.
If you have little time or writing expertise, AI tools, like the ones below, will streamline the production of high-quality, engaging content.
Writesonic creates outlines and full drafts using real-time data and research to make sure content is accurate and up-to-date.
ChatGPT generates headlines, well-structured outlines, and full draftsāon any topicāand can also be a brainstorming tool for new content ideas.
ProWritingAid is a proofreading tool that will improve grammar, tone, and readability to make sure your content is professional and read-friendly.
BREAKING NEWS
ā ā ā ā ā ā ā
DEVELOPER TOOLS
For day 9 of OpenAIās ā12 Days of OpenAIā, OpenAI announced they were launching several upgrades that will "improve performance, flexibility, and cost-efficiency" for developers using its tech.
Its self-fact-checking/reasoning modelāo1āwill replace the current o1-preview, and "handle complex multi-step tasks,ā connect to external datasets, and communicate with third-party systems, via API.
o1 is also more customizable than the preview version, as it has features that allow developers to specify tone and style, and also how long the model should āthinkā before it responds to a query.
RECOMMENDED RESOURCES
šļø | šļø | šļø |
We read your emails, comments, and poll replies daily.
Hit reply and tell us what you want more of!
Got a friend who needs to learn more about AI? Sign them up to the AI Tool Report, here.
Until next time, Martin & Liam.
P.S. Donāt forget, you can unsubscribe if you donāt want us to land in your inbox anymore.
What did you think of this edition? |