✋ Elon and Woz want to halt AI

PLUS: Can AI choose your investments better than you?

Good Morning Pigeoneers!  This is the Robot Pigeon. The daily AI newsletter that guides you through the new world of little robots ... its like we help you walk through a dark room without standing on your kids sharp AI lego ...

Good \morning from a slightly smoggy Ho Chi Minh City! Mild jet lag but we are excited to explore the city.

It appears that a lot has developed whilst I've been on an aeroplane (as ever in the world of AI). Elon is warning about the fast development of AI, which is nothing new, but this time he is joined by over 1000 tech leaders in an online petition and they make valid points about this rapid uncontrolled progress.

We also look at how AI is going to effect the employment situation of over 300m people. These 2 articles alone show why it is so important to understand AI and stay in front of the curve. That's our aim for anyone reading Robot Pigeon everyday! So as ever, we are serving you ....

🛠 5 Cool New AI Tools of the Future

📰 3 Of the latest AI news updates summarized and explained

📷 1 Amazing AI Pic of the Day

🛠5 of the latest AI Tools from the Future ...

Podcastle is an AI-powered audio & video creation platform that helps professional and amateur podcasters create, edit and distribute production-quality podcasts with ease. The company’s mission is to democratize access to broadcast storytelling through easy-to-use tools that are professional, yet fun

Wisecut is a video editing software that uses AI and voice recognition to edit videos for you, automatically creating jump cuts, subtitles, and more. Whether you're recovering from a mistake or just forgot what you had to say, long pauses can turn even the best videos into an awkward mess.

Whimsical is a tool that provides AI-powered suggestions to help generate new ideas and beat mental blocks when brainstorming. It enables users to ideate faster than the speed of thought and level-up their workflow.

Tribescaler is an AI-powered hook generator and refiner that helps content creators on Twitter and Linkedin create irresistible hooks to make their tweets go viral. Tribescaler is designed to make the hook-writing process easier and faster with its intuitive interface, hook library, and AI-generated text

Jenni.ai is an AI writing assistant that generates content based on your short input. Jenni AI focuses on speeding up your writing while also keeping you in the driver's seat. With over 500,000 users and 15 million+ words generated, Jenni AI is loved for its advanced auto-complete and for removing writer's block! Jenni can be used for almost any type of content but is especially good for blogs, essays, emails, and even resumes

📰 3 Of the latest AI news updates summarized ...

Elon Musk, Steve Wozniak Urge OpenAI to Halt ChatGPT Upgrades

• Prominent technologists, researchers, and influencers have signed a petition calling for OpenAI to cease training of AI tool ChatGPT beyond current GPT-4 implementation for 6 months.

• Letter has received over 1,100 signatures from high-profile figures such as Elon Musk, Steve Wozniak, and Andrew Yang.

• Furthermore, the letter posits that if the private company is unable to stop training its AI beyond GTP4, then governments should step in to institute a moratorium.

• Musk himself responded to the petition on Twitter with the message “Leading [artificial intelligence] developers will not heed this warning, but at least it was said.”

Generative AI set to affect 300 million jobs across major economies

• Goldman Sachs research suggests that AI systems could automate 25% of work in the US and eurozone, potentially leading to a 7% increase in global GDP over 10 years.

• However, this would bring "significant disruption" to the labor market, with ~300 million full-time workers exposed to automation.

• Roughly 66% of US and European jobs could be affected by AI automation, with most seeing less than half their workload automated.

• Globally, 20% of work could be done by AI, though the technology will not yet be adopted for sensitive tasks such as court rulings or medical care.

• If investment continues at current rates, it could reach 1% of US GDP by 2030.

ChatGPT and A.I. might have a future as your portfolio manager

  • The investment industry has long used algorithms and quantitative trading programs in an effort to boost profits, but the recent breakthroughs in AI opens up new possibilities.

  • A preliminary paper from two academics in South Korea shows that ChatGPT is already a better portfolio manager than just throwing darts.

  • The researchers said the early results showed that ChatGPT could be used as a “co-pilot” for investors, but not a “prophet.”

  • This is something, we are going to test in the coming weeks, with a Robot Pigeon share portfolio picked and managed by AI for us to see how it performs ... stay tuned (also feel free to email me with your choice of charity to donate any profits to, assuming there are some 💰 🤞)

📷 1 Amazing AI Pic of the Day (Complete with Prompt)

"vegetable garden, cartoon, sticker, detailed view with a sunset and clouds in the sky, vibrant colors. contoured, full page, white background --v 5 --ar 11:14"

Different style of image today to show more of the unlimited possibilities of MIdjourney, in simple terms, the prompt is a natural language description and then the last two parts are MidJ version 5 and aspect ration 11:14 (portrait)

That's all for today! Loads of features to add to the up and coming editions, please let me know what you like, don't like and features that you would love to see next!

Enjoy your Day! ... Phil

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