The $150M AI Agent

Plus, YouTube's New AI Feature...

Author

Jelani Abdus-Salaam
October 17, 2024

In partnership with

Welcome back, AI’ers!

Here’s What’s On The Menu For Today

  • 🧠 AI On My Mind

  • 🤖 Amazon Revamps Kindle

  • ✨ The $150M AI Agent

  • 📰 News Hot Off The Press

  • 💰️ Newly Added AI Tools

AI ON MY MIND

I read an article today that said SaaS businesses are evolving into Software-Delivered Services (SDS), shifting from fixed monthly fees to outcome-based pricing.

This is an interesting thought because it makes a lot of sense.

For example, AI-led Customer Success tools charge a fixed monthly rate, when instead they could charge based on the success of the customer.

This aligns the incentives of the provider and customer, encouraging the provider to deliver maximum value.

Similarly, other SaaS offerings may transition to an outcome-based pricing model, focusing on the results achieved rather than the software itself.

This shift towards Software-Delivered Services represents a new way in how technology is consumed and monetized.

Keep scrolling to read the article that explains this in more detail.

Now onto the news.

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TODAY’S TOP STORIES

🗞️ Amazon revamps Kindle line with faster page turns, AI, and a new green color (LINK)

Amazon has unveiled a revamped Kindle lineup, introducing faster page turns, AI-powered features, and a new green color option. The updated e-readers boast improved performance and enhanced functionality, aiming to provide a more seamless reading experience for users.

  • The new Kindles feature a 20% faster page-turn speed, reducing lag and improving overall responsiveness.

  • AI-powered features include smart highlights and summaries, enhancing the reading experience with intelligent content analysis.

  • Amazon has introduced a new "Agave Green" color option, expanding the aesthetic choices for Kindle enthusiasts.

🇨🇳 Alibaba’s international arm says its new AI translation tool beats Google and ChatGPT (LINK)

Alibaba's research arm, DAMO Academy, has unveiled an AI translation tool that reportedly outperforms Google Translate and ChatGPT in certain language pairs, marking a significant advancement in machine translation technology.

  • The tool excels in translating between Chinese and English, as well as other language combinations involving Chinese.

  • Alibaba claims their model achieves human parity in Chinese-English translation, a milestone in the field.

  • The company plans to integrate this technology into various products and services across its ecosystem.

🇪🇺 EU AI Act checker reveals Big Tech's compliance pitfalls (LINK)

The EU AI Act checker has revealed compliance challenges for major tech companies in areas like cybersecurity and discriminatory output1. This tool, developed by Swiss startup LatticeFlow, tested AI models from companies like Meta and OpenAI against the EU's upcoming AI regulations.

  • Companies failing to comply with the AI Act face fines of $38 million or 7% of global annual turnover.

  • OpenAI's GPT-3.5 Turbo scored low (0.46) on discriminatory output, while Meta's Llama 2 scored 0.42 on prompt hijacking resistance.

  • Anthropic's Claude 3 Opus received the highest average score of 0.891.

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OTHER NEWS YOU MAY LIKE

YouTube is testing “AI-enhanced” suggestions for comment replies (link)

AI firm Perplexity offers a peek into a new financial analysis tool (link)

Mistral releases new AI models optimized for laptops and phones (link)

The models who found their likenesses had been used in AI propaganda (link)

FROM THE WEB

✨ Adobes Generative Extend

So…

Yeah, this is insane.

Marc Andreessen, (a prominent American entrepreneur, investor, and software engineer), sent $50,000 into an AI agent.

The AI, obsessed with a peculiar meme, inadvertently inspired the creation of GOAT, a memecoin that skyrocketed to a $150 million market cap.

  • The AI agent, Truth Terminal, fixated on the "Goatse Gospel" meme, which originated from an experiment involving AI-to-AI conversations.

  • Truth Terminal's tweets about the meme caught Andreessen's attention, leading to his Bitcoin donation.

  • While Truth Terminal didn't create GOAT, its influence and the surrounding hype drove the coin's meteoric rise.

If this is true, then that means anyone can replicate this. This is both incredible and scary.

AI QUICK TIP

Here is the article that explains SDS in more detail (link)NEW TOOLS FROM OUR DATABASE

NEW TOOLS FROM OUR DATABASE

Aster Lab - an AI-based tool designed to facilitate and expedite learning from visual content, specifically YouTube videos. The tool offers users the ability to paste any YouTube link and generate a comprehensive summary, quiz, and flashcards based on the content of the video.

Yumzi - Smart Menus - an AI-powered tool that transforms PDF menus into digital, interactive versions, offering features like AI-powered translation, dynamic menus, allergen display, and seamless integration with websites and social media, aimed at boosting sales and enhancing customer experience.

WebFill - an AI-driven tool designed to streamline the process of form filling, survey completion, and data entry. 

Focus Buddy - an AI co-pilot that helps manage your to-do list, combat procrastination, and identify behavioral patterns that may be hindering your productivity, available 24/7 for co-working sessions.

*Indicates sponsored post

🔮 MYSTERY LINK

This link might showcase Mark Zuckerberg's metaverse vision or how to develop immersive virtual reality experiences or anything in between.

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THAT’S IT FOR TODAY

Until next time, stay safe.

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