4 undeniable benefits of AI & a trip down memory lane
FP#5
Hi, this is Subodh. Welcome to the FrogPie weekly newsletter. Having A.I. is like having an invisible friend, only instead of being laughed at you get gentle reminders!
here’s what we’ve got for you today.
4 undeniable benefits of AI in everyday applications
A trip down memory lane
Frogpie Friday-finds (Bonus reading)
let’s dive in 🌊
4 undeniable benefits of A.I. in everyday applications
Well, it's no secret that AI's been around for a while, but boy have we come a long way!
After much research, I have concluded that there are at least five undeniable perks that you can enjoy in your everyday applications without even realizing it.
It's like you're living in a world of luxury and you don't even know it!
Adaptive, Personalised and Contextual UX Design
With data about customers growing and their preferences becoming more evident, businesses will be able to use machine learning and other technologies to give customers an adaptive, personalised and contextually-aware digital experience.
Imagine a world where the digital products and services you use know exactly what you like, and anticipate your needs!
Predictive analytics
Predictive analytics is like a magical crystal ball, allowing you to foresee every move your app will make and take the necessary action to keep your users happy and content.
It's an invaluable tool, capable of detecting trends, correlations, and patterns in data, enabling businesses to make smarter decisions and increase their profits.
It’s used in all kinds of industries, from healthcare to entertainment, finance, marketing, e-commerce, and logistics. So grab your crystal ball and watch your business reach new heights!
Natural language processing
ChatGPT is the gold standard for mastering the art of NLP. With its help, AI can analyze and comprehend images and videos like a professional artist, even enabling features such as object and facial recognition.
So, if you're looking to upgrade your customer service experience, NLP is the way to go! With ChatGPT, you can make your digital products as intelligent as a Hollywood star.
Image and video analysis
AI-powered image and video analysis can open a world full of comedic possibilities. It can provide users with an efficient and accurate method of input, analysis, and feedback, while also providing hilarious subtitles to videos, recognizing funny facial expressions, and alerting users to poor lighting or audio quality in video chats.
As a designer, I'm confident in the potential of these emerging technologies to deliver a top-notch UX and lots of laughs!
People might be scared of new technologies for a multitude of reasons, from the fear of the unknown to the lack of control they have.
It's almost like a phobia, and it's so powerful, it can stop people from taking advantage of new opportunities.
But, it's important to consider the benefits of these new technologies, or else you might be missing out on something amazing!
Have you ever wanted to take a trip down memory lane?
Well, now you can with Wist Labs!
“Our revolutionary VR app allows you to transform your smartphone clips into 3D videos, giving you the chance to walk inside your memories using a VR headset” Andrew McHugh.
The co-founder of Wist Labs Andrew McHugh, left his job at Samsung in 2021 to develop this incredible app, so you can experience your past as if it was happening in real time.
Creating a memory with Wist is as easy as 1-2-3D! Start by opening up the app and recording a video. The app will then collect the necessary data to make your 2D clip look three-dimensional.
Don't worry, you don't need to be a computer scientist - Wist takes care of it all by saving the color, depth, pose, audio, and more. Plus, the LiDAR sensors on Pro iPhones and iPads come in handy for capturing depth!
After the app does its thing, you can play it back using either mobile AR or a VR headset, and if you have a Quest VR headset, you can step into your memory and invite your buddies in for a multiplayer session. Simple as that!
So what are you waiting for? Take a break from the present and time travel with Wist Labs!
Try it for yourself 👇
Frogpie Friday-finds
• GPT-4 Is Coming
Sam Altman was interviewed recently for the StrictlyVC program, where he confirms that OpenAI is working on a video model, which sounds incredible but could also lead to serious negative outcomes.
While the video part was not said to be a component of GPT-4, what was of interest and possibly related, is that Altman was emphatic that OpenAI would not release GPT-4 until they were assured that it was safe.
The interviewer asked:
“Can you comment on whether GPT-4 is coming out in the first quarter, first half of the year?”
Sam Altman responded:
“It’ll come out at some point when we are like confident that we can do it safely and responsibly.I think in general we are going to release technology much more slowly than people would like.We’re going to sit on it much longer than people would like.And eventually people will be like happy with our approach to this.But at the time I realized like people want the shiny toy and it’s frustrating and I totally get that.”
• Most early-stage AI startups are not very defensible
Elad Gil in his blog says
“Many tech startups will launch an early product within 6-12 months of founding. Teams will initially be 2-5 people with a mix of eng/product/other. Definitionally, it is easy to copy or clone something that has taken a handful of people a handful of months to build.
There are of course counterexamples to this - either in terms of it taking longer to build a technically challenging more defensible product (see eg Snowflake), or there are considerations around IP (for biotech), deals (e.g. payments needing a backend), regulation (“we need to be a broker/dealer first”), talent (“there are 20 people on the planet who can train this sort of foundation model”) or other areas (for example, pre-existing open source software that is being commercialized by the team who created it).
However, the vast majority of SaaS, consumer, and certain types of AI companies are easily and rapidly cloneable. Yet many massive companies have been formed in areas that a priori may be easy to copy or build.”
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