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Aloha,

What a week this has been, right? The AI world never sleeps and it keeps surprising me all the time! Let’s dive right into it!

What's in the store today?

85% of all AI Projects Fail, but AE Studio Delivers

If you have a big idea and think AI should be part of it, meet AE.

We’re a development, data science and design studio working with founders and execs on custom software solutions. We turn AI/ML ideas into realities–from chatbots to NLP and more.

Tell us about your visionary concept or work challenge and we’ll make it real. The secret to our success is treating your project as if it were our own startup.

🦸‍♀️ Community Spotlight: Eryn Peters

I recently connected with Eryn Peters from the "Weekly Workforce" newsletter. After witnessing Eryn’s impactful work at Toptal and Andela over the past 8 years, we finally had a deep conversation last week. Now, we're teaming up on exciting projects to prepare the workforce for the AI revolution.

Stay tuned, and in the meantime, subscribe below!

Weekly WorkforceThe talent industry, in your inbox.

❤️️ Love for our “AI Readiness Guide”

This Wednesday, I hosted an interactive session for 274 HR professionals on “How to Assess AI Readiness for Your Company” together with our partners at Springworks. As soon as the session ended, my LinkedIn inbox got flooded with messages like these 🥰 

This is a clear sign that the world of work needs help on how to successfully adopt AI, and we need to provide pragmatic, actionable support to make this happen. Therefore, I will double down my efforts on curating more content and productized services that would leverage the power of STEP Framework.

If you want to get free access to the AI Readiness Guide, DM me on LinkedIn or ping [email protected].

👏 OpenAI's Updates: Free Access to GPT-4o & more

OpenAI is making waves by giving everyone access to GPT-4o for free! Imagine having a tool that combines text, voice, and video capabilities at your fingertips. This isn't just an upgrade; it's a game-changer.

Check out these two mind-blowing videos:

Starting now, ChatGPT Free users will enjoy:

  • GPT-4 Level Intelligence: Experience the smartest AI model yet.

  • Real-Time Web Responses: Get answers not only from the model but also directly from the web.

  • Data Analysis and Chart Creation: Easily analyze data and generate visual insights.

  • Interactive Visual Conversations: Discuss and get insights about photos you take.

  • File Uploads for Enhanced Assistance: Summarize, write, or analyze documents effortlessly.

  • Memory for a Better Experience: Build a more personalized and helpful interaction with Memory.

🧠 Practical Implications of OpenAI's News

The release of GPT-4o by OpenAI is set to bring about significant changes across various sectors. Here’s how this advanced AI model could impact education, workplace efficiency, global entrepreneurship, and human-computer interaction.

🧑‍🏫 EDUCATION

  • Revolutionized Learning: GPT-4o can tutor students in real-time, enhancing educational outcomes. It provides immediate feedback and personalized assistance, making learning more effective and engaging.

  • Equity in Access: By offering GPT-4o for free, OpenAI removes financial barriers, ensuring that high-quality AI tutoring is available to all students, regardless of their economic background.

  • Potential for Cheating: The advanced capabilities of GPT-4o might lead to increased academic dishonesty, as students could misuse the technology to complete assignments and exams.

🚀 WORKPLACE EFFICIENCY

  • Employee Empowerment: Workers can create custom GPTs to address specific problems, boosting productivity and innovation. This enables employees to automate repetitive tasks and focus on more strategic activities.

  • Secret Cyborgs: Employees might use AI tools without their employer’s knowledge, leading to potential security and management challenges. Organizations will need to find ways to harness this creativity while maintaining control over their digital infrastructure.

🌍️ GLOBAL ENTREPRENEURSHIP

  • Innovation Support: GPT-4o acts as a co-founder, helping entrepreneurs overcome skill gaps and market challenges. It can assist with tasks such as market analysis, business planning, and content creation.

  • Economic Impact: Free access to powerful AI tools could significantly enhance business outcomes globally, particularly in developing regions. Entrepreneurs can leverage GPT-4o to improve efficiency and profitability, driving economic growth.

🤖 HUMAN-COMPUTER INTERACTION

  • Natural Conversations: The new voice and video interface offers a more human-like and expressive interaction. This makes technology more accessible and intuitive, improving user experiences.

  • Future Prospects: Personalized AI assistants could transform daily life, making interactions with technology more seamless. This integration could lead to AI becoming an indispensable part of everyday routines, from managing schedules to providing entertainment and information.

GPT-4o represents a radical shift in AI technology, making powerful tools accessible to all and shaking up traditional norms. OpenAI's decision to offer this technology for free is not just a generous gesture; it's a strategic move that will force competitors to rethink their business models. While this democratization of AI can drive unprecedented innovation and efficiency, it also poses significant ethical and societal challenges. Educational institutions must grapple with the inevitability of AI-assisted cheating, workplaces need to manage the covert use of AI tools, and economies worldwide will face the disruptive impact of ubiquitous AI. The future is here, and it's both exciting and unsettling. The question isn't whether AI will change our lives, but how prepared we are to navigate the profound transformations ahead.

🥳 I have some freebies for you!

Share this edition of our newsletter with your friends to unlock exclusive rewards! Use the link below to start unlocking these magic gifts!

That’s all for today!

Enjoy your weekend,

Iwo

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