JPMorgan Chase x AI
Plus the role of an AI supervisor...
Jelani Abdus-Salaam
May 21, 2024
Welcome back, AI’ers!
Tuesday’s Top Story: Word on the Street is OpenAI is working directly with Apple for their latest iOS 18 update.
Siri 2.0 will most likely be powered by ChatGPT voice models that were demoed most recently.
If that’s the case, Apple will not have to build its own models but rely on ChatGPT/OPenAI to fuel its AI backend.
Exciting times ahead!
Here’s What’s On The Menu For Today
🤖 JPMorgan Chase x AI
✨ The Role Of An AI Content Supervisor
📰 News Hot Off The Press
💰️ Newly Added AI Tools
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TRENDING STORY
🤖 JPMorgan Chase x AI
Credit: TechCrunch
JPMorgan Chase is training every new hire in AI. The bank recognizes the transformative potential of artificial intelligence (AI) and is preparing its workforce for an AI-driven future in the finance industry.
📫️ The details:
All new recruits at JPMorgan Chase will receive prompt engineering training to equip them for the increasing influence of AI in banking.
Mary Erdoes, head of the bank's asset and wealth management division, stated that AI is helping save time and boost revenue growth by reducing manual tasks and enabling bankers to access relevant information more efficiently.
JPMorgan's president Daniel Pinto highlighted the significant impact AI will have on the bank's workforce, particularly the 60,000 developers and 80,000 operations and call-center employees.
🧠 Our thoughts:
More companies should be like JP Morgan.
Once companies understand that AI is no longer a fad and is here to stay, they can make the moves necessary to keep their employees and company ahead of the curve.
MORE DEVELOPMENTS
🤖 Google has been testing AI-generated "overviews" that appear at the top of some search results, summarizing information from websites. However, many users are frustrated that there is no clear way to turn off this feature. Despite searching for how to disable AI Overviews, Google provides conflicting or unhelpful instructions, leaving users stuck with the AI summaries.
👻 Snapchat CEO Evan Spiegel announced the company will invest $1.5 billion per year to develop AI features for its users. After years of restructuring Snapchat's advertising business, this marks a major strategic shift. Spiegel aims to enhance recommendation algorithms and augmented reality experiences through increased AI and machine learning capabilities.
AI MONEY CORNER
SHOW ME THE MONEY
💸 AI Music Streaming
Update on AI music…
On Spotify I started with 0 streams
It took me 10 days to get to 1k per day📈
I thought it might pump and dump
But they appear to be consistent😳
Scale it???
— Eric from Exploding ideas (@ericlamideas)
3:23 PM • May 18, 2024
With tools like Suno and Udio, we think there is a real opportunity to make passive income-generating AI music.
Here’s a quick playbook on how you can get started:
Step 1: Understand the Tools
Suno and Udio are powerful AI-driven music generation platforms. They enable you to create unique, high-quality music tracks without needing extensive musical knowledge. Think of them as your virtual band members, ready to jam anytime.
Step 2: Create Your First Track
Dive in and experiment. Start by:
Selecting a Genre: Choose the type of music you want to create. Is it chill lo-fi beats, energetic EDM, or smooth jazz?
Setting Parameters: Use the tools to set tempo, mood, and style. Play around until you find a sound you love.
Generate and Refine: Let the AI create a base track. Listen, tweak, and perfect it. Remember, practice makes perfect.
Step 3: Monetize Your Music
Once you have a track you’re happy with, it’s time to make it work for you:
Distribute Your Music: Use platforms like Spotify, Apple Music, and YouTube. These platforms can help you reach a global audience.
Or use tools like Beatstars to upload and distribute your beats.
Leverage Social Media: Share your music to gain followers and increase plays.
Explore Licensing: Consider licensing your music for commercials, video games, or movies. This can be a significant source of passive income.
How do we know this works?
Because people are already doing it.
It may not be life-changing, but it’s essentially free money and can scale nicely since you never know what song will do well.
QUICK BITS
MORE NEWS
OpenAI filed for trademarks on May 16th that suggests AGI is coming to GPT-4o (link)
Scarlett Johansson battles OpenAI over AI voice that sounds similar to hers (link)
Colorado launches first US AI legislation (link)
FBI Arrests Man For Generating AI Child Sexual Abuse Imagery (link)
Microsoft Copilot is inserting Ads as sources for its outputs (link)
QUICK TIP
AI QUICK TIP
✨ In the AI landscape, You’re an Editor Or An AI Content Supervisor
A few weeks ago, we were looking for someone to oversee content output from one of our custom GPTs.
Ideally, the role didn’t exist until we created it—an AI Content Supervisor.
We believe this role will be pivotal as more companies interject AI into their workflows.
But what is an AI content supervisor?
Being an AI Content Supervisor means you must balance creativity with precision.
It's about teaching AI to understand the subtleties of language, tone nuances, and the importance of context.
You'll constantly interact with AI models, fine-tune their outputs, and ensure they align with your organization's voice and objectives.
Think of it as training a digital apprentice.
You provide examples, set the standards, and continuously monitor performance. The benefit?
Enhanced productivity and consistency in content creation. But the challenge?
Ensuring the AI doesn't just churn out text but delivers engaging, insightful, and human-like content.
AI TRAINING YOU MISSED
📺 Webflow 101 Course
Introducing Webflow 101, the ultimate course to master the fundamentals of web design and development. Build an entire landing page while learning best practices for responsive and accessible design.
Enroll for free → (link)
AI ON SOCIAL
FROM THE WEB
✨ Anthropic Releases Prompt Generator
You can now generate production-ready prompts in the Anthropic Console.
Describe what you want to achieve, and Claude will use prompt engineering techniques like chain-of-thought reasoning to create more effective, precise and reliable prompts.
— Anthropic (@AnthropicAI)
3:45 PM • May 10, 2024
Check this out: Anthropic releases a prompt generator to help you construct better prompts using AI.
Go here to see it in action. (link)
NEW TOOLS
Magic Bookshelf - an AI-driven application that reinvents storytelling, enhancing creativity and learning for children.
AI Headshot Generator - a tool designed to create professional-level personal portraits from a standard selfie.
Inncivio - an AI-Powered Education Platform designed for businesses.
LightFeed - an automated news hub that leverages LLM (Latent Logic Model) technology to track, filter, and summarize news from any public website.
Parallel Pages AI - a storytelling application that utilizes advanced artificial intelligence to craft personalized and adaptive narratives based on user choices.
Avatar With AI - a leading avatar creation app harnessing the potential of artificial intelligence.
aiebooks.app - a tool that leverages artificial intelligence for the speedy and cost-effective creation of eBooks.
Lido PDF Data Extraction - This tool is designed to transform PDF documents into structured and usable business data.
Getgenerative.ai - an AI-powered tool designed to support Salesforce consultants in creating solutions, estimates, and proposals swiftly and accurately.
Elysa - an artificial intelligence tool designed as a personal emotional wellness companion.
Graswald - a tool that utilizes AI technology to convert product videos into 3D models.
See more of the newly added tools here.
PROMPT OF THE DAY
Copy and paste this prompt 👇
"Give me suggestions on what to implement to add more value to [product/service] to increase customer retention. Give precise ideas, strategies, and step-by-step instructions to stay unique while giving the customers the ultimate experience.
Conclude with new ideas that are completely new to [product]'s market sector.
Product = [Insert here]"Want more prompts?
We have a database of over 8,000 of the best prompts we’ve collected, which you can access by sharing Best of AI using the link below.
THAT’S IT FOR TODAY
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-Best of AI Team
This issue was written in collaboration with Midjourney, Perplexity, and Grammarly and edited by a human. Welcome to the future.
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