TOGETHER WITH INNOVATING WITH AI

Welcome to AI Tool Report!

Monday’s top story: A lack of real-world data is slowing the progress of OpenAI’s new, upcoming AI model, Orion.

🫡 Want to be handsomely compensated for your organization’s AI transformation? Get early access to The AI Consultancy Project, Innovating with AI’s new program that trains you to build a business as an AI consultant.

🌀️ This Morning on AI Tool Report

  1. πŸ†˜ OpenAI in data crisis?

  2. πŸ’Ό How to become an AI Consultant with Innovating with AI

  3. βœ‹ TSMC banned from exporting AI chips

  4. πŸ“° How to get daily AI audio newsletter roundups with Meco

  5. ✍️ How to become a technical writer using ChatGPT

  6. πŸ€– Salesforce’s hiring spree to sell AI agent

  7. πŸ‘‹ OpenAI loses another key safety exec

Read Time: 5 minutes

FACT OF THE DAY

πŸ€” According to AI customer service platform, Tidio, 36% of customers say that chatbots influence their buying decisions, 37% β€˜mostly trust’ what they tell them, and 98% consider chatbots helpful.

STOCK MARKETS

πŸ‘€ Keep track of the latest movements in the AI stock market, here

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DATA

Our Report: OpenAI employees testing the new AI model β€˜Orion’ have disclosed that while its overall performance is better than OpenAI’s existing models, the rate of improvement is much lower than it’s been in past upgradesβ€”like the jump in improvement from GPT-3 to GPT-4, for exampleβ€”and it might not be consistently better in specific areas like coding and completing complex reasoning tasks.

πŸ”‘ Key Points:

  • The issue is (across the entire industry) there’s a lack of new, high-quality, diverse training data to expand the AI model's understanding, so to overcome this, OpenAI has formed a foundations team.

  • The team is trialing using synthetic dataβ€”artificial data produced by AI modelsβ€”alongside real-world data, as it could introduce new layers of variability and nuance, improving the model's ability to handle complex scenarios.

  • Post-training, they're also planning to use techniques like reinforcement learning and fine-tuning on specific tasks, to address performance gaps that real-world and synthetic data isn’t enough to fill.

πŸ€” Why you should care: The slowdown in AI model improvement due to a lack of untapped, real-world, quality training data is affecting the entire AI industry, and the limitations of this data shortage are raising concerns over the future of AI advancements and the ability of AI models to reach their maximum potential, so many will be looking to see if OpenAI’s approach of using synthetic data and post-training techniques will work and continue to drive the AI industry forward.

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TOGETHER WITH INNOVATING WITH AI

The AI consulting market is about to grow by a factor of 8X – 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 β€œhaving AI ideas” and being handsomely compensated for your contribution to an organization’s AI transformation.

Thankfully, you don’t have to go it alone – 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.

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  2. SoBrief has summarised over 73,530 books in 40 languages with AI

  3. TeamPal assembles AI teams without any coding

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EXPORTS

Our Report: The US Department of Commerce (DoC) has imposed restrictions on Taiwan Semiconductor Manufacturing (TSMC), stopping them from exporting advanced AI chips to China to develop AI applications that could threaten US security.

πŸ”‘ Key Points:

  • The DoC has placed this restriction on TSMC after it discovered TSMC AI chips were integrated into one of China’s most advanced AI chips, produced by Huawei, which is already on the USA’s trade blacklist.

  • They’re growing increasingly concerned that Huawei might be trying to circumvent existing trade controls, violating existing export regulations designed to limit China’s AI advancement.

  • These restrictions are set to take effect from November 11, and TSMC has already informed its Chinese customers, which could create major disruption for China’s advancing AI industry.

πŸ€” Why you should care: This latest export restriction comes after the DoC recently placed similar restrictions on other AI chip makers, like NVIDIA and AMD, to limit the export of AI chips and manufacturing equipment to China to control China’s AI advancement, further escalating the battle between the two global superpowers, with newly re-elected Trump expected to inflict more sanctions against China and other competing countries to halt the advancement in AI.

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TOGETHER WITH MECO

Meco, the #1 app for reading newsletters, just released an AI feature that gives the key take-aways from your newsletters in record time.

Just tell Meco your favorite newsletters and they’ll curate a daily 5-10 minute personalized audio briefing β€” ideal for quick, on-the-go listening, even when you're short on time.

βš‘πŸ“²The app is packed with loads more features to supercharge your reading:

  • Connect your inboxes (Gmail/Outlook) to declutter them & consolidate newsletters

  • Offline reading, custom themes, highlight text, and bookmark links for later

  • Get AI text summaries for newsletters to get the key details in seconds

Over 40k readers enjoy reading their newsletters with superpowers.

PROMPT ENGINEERING

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Monday’s Prompt: How to become a technical writer using ChatGPT

Type this prompt into ChatGPT:

❝

I want you to be a creative and engaging technical writer and create guides on how to do complete tasks using specific software. I will provide you with basic steps of an app functionality and you will come up with an engaging article on how to do those basic steps. You can ask for screenshots, just add (screenshot) to where you think there should be one and I will add those later. These are the first basic steps of the app functionality: "1.Select the download button depending on your platform 2.Install the file. 3. Open the app"

Coding

Results: After typing this prompt, you will get an easy-to-understand, step-by-step article or guide, written in the style of a technical writer, on how to perform specific technical tasks.

P.S. Use the Prompt Engineer GPT by AI Tool report to 10x your prompts.

ACTIONABLE INSIGHTS

It’s not too late! Join the AI Reports AI Skill Sprint on Skool and master 6 crucial AI skills in just 6 weeks…

βœ… What You'll Learn: Course 2 is with entrepreneur, Louis Shulman, and he will take you through how and why you should leverage AI to draft, research, plan, analyze, and optimize newsletters, troubleshoot any tech issues, and use it to launch, grow, and maintain your newsletter following.

πŸ«±πŸ»β€πŸ«²πŸ» Connect with Louis here

BREAKING NEWS

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AI AGENTS

  • Salesforce is planning to hire over 1,000 employees to sell its new AI agent toolβ€”Agentforceβ€”which enables companies to deploy autonomous agents to complete tasks without human intervention.

  • Launched last month, Agentforce can perform multiple roles and enhance employee productivity by responding to changes in data, business rules, automation, or signals from external systems, autonomously.

  • Salesforce is capitalizing on the β€œamazing momentum” for Agentforce, which has received glowing feedback as the β€œhighly customizable agent” can be adapted to meet individual business needs.

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SAFETY

  • OpenAI has lost another key safety researcherβ€”Lilian Weng, who was VP of Research and Safetyβ€”after working at the start-up for over seven years, she is β€œready to reset and explore something new.”

  • Although she hasn’t specified what this β€œsomething new” is, she is β€œso proud of everyone on the Safety Systems” and what they have achieved, and is confident that the team will β€œcontinue thriving” after her exit.

  • This comes after a long line of AI safety researchers and executivesβ€”including former members of the disbanded superalignment safety team, Ilya Sutskever and Jan Leikeβ€”all quit, over safety concerns.

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Until next time, Martin & Liam.

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