New challenges and new dangers revealed in the world of AI.
Let’s get into it!
Welcome to WednesdAI – Pixel Dreams’ weekly update with top stories from the rapidly evolving world of Artificial Intelligence.
This Week’s Episode
This Week’s News
Stock Market Downturn Won’t Impact AI, says Economist
The stock market is facing significant turbulence. However, experts believe the economic downturn won’t significantly impact the AI sector. They argue that AI-driven companies remain robust due to their potential to drive long-term profits, even amid broader market volatility. The “AI revolution” is seen as a fundamental shift, not merely a bubble, with substantial investments in AI expected to continue propelling growth in this sector despite economic fluctuations. The resilience of AI highlights a critical divergence in the market, where technological innovation can sustain growth independently of broader economic conditions. Investors should consider the potential of AI to remain a stronghold, offering a relatively safe harbor amid market instability.
Read the analysis at Fortune.com.
Figure 02 Launches with Successful Tests at BMW
Figure 02, the newest model of humanoid robot from Figure AI, has released.
BMW’s Spartanburg plant successfully tested humanoid robots from Figure, a California robotics firm. The Figure 02 robots performed complex tasks such as inserting sheet metal parts into fixtures during a trial run. This advancement aims to alleviate ergonomic challenges for human workers. BMW plans to integrate these robots into production, enhancing efficiency and safety. This trial is part of BMW’s broader strategy to incorporate new technologies into their manufacturing processes. BMW’s use of advanced robotics could set a new standard in automotive production, emphasizing innovation and worker safety.
Get all the details at Figure.AI.
Robotaxis are Here!
Members of the Pixel Dreams team recently visited San Francisco where they got to experience a ride with Waymo, the company aiming to be the world’s most trusted driver. Born from Google’s self-driving car project in 2009, Waymo now offers autonomous ride-hailing services in cities like Phoenix, San Francisco, and Los Angeles, focusing on safety and sustainability to cut down on the 1.4 million annual traffic fatalities globally.
The autonomous driving industry, however, is crowded with competition and ongoing advancements. Key players include Tesla, General Motors’ Cruise, Amazon’s Zoox, and Hyundai’s Motional. Market optimism is high, but challenges remain, including regulatory hurdles, safety concerns, and public trust. The sector is projected to generate hundreds of billions of dollars before the decade’s end, driven by investments in AI and connectivity
Read about Waymo on their official website.
AI Becomes a Dirty Word in Marketing
Using “artificial intelligence” in product descriptions might be scaring off customers. A study from Washington State University revealed that mentioning AI in product descriptions lowers purchase intentions. The research, involving over 1,000 U.S. adults, found that AI terms reduce emotional trust, especially for high-risk products like electronics and financial services. To keep sales up, marketers should ditch the AI buzzwords and focus on features and benefits instead. This insight is crucial for companies aiming to market their products effectively without triggering consumer apprehension.
Get the full story at Phys.org.
AI Music Claims Fair Use
AI music startups Suno and Udio are facing a lawsuit from major record labels like Universal, Warner, and Sony for allegedly using copyrighted music to train their AI models without permission. The startups claim their AI-generated music transforms the original works and should be protected by fair use. This case could set a significant precedent for the AI industry, determining how AI companies can use copyrighted material in the future.
NVIDIA U.S. Anti-Trust Probe
The U.S. Department of Justice has launched an antitrust investigation into NVIDIA. Rivals are accusing Nvidia of unfair practices in the AI chip market, alleging that the company has leveraged its dominant position to stifle competition. The probe could lead to significant regulatory challenges for Nvidia, as the DOJ scrutinizes its business tactics. This development is crucial for businesses, as it may reshape competitive dynamics in the AI and semiconductor industries.
Videos of the Week
The Fast & the Furryous by MeanOrangeCat
This is the best AI-generated movie trailer I have personally done!
I am happy to share my latest AI trailer, "BloodSpace," based on a feature film I am currently developing.
Make sure you watch til the end!
I had to sneak in at least one shot with @runwayml's new last-frame… pic.twitter.com/gewxu3ey0p
— Dave Clark (@Diesol) August 5, 2024
BloodSpace by Dave Clark
MAKE IT A LOOP pic.twitter.com/NHxwijkStX
— Trisha Code (@TrishaCode) July 31, 2024
Make it a Loop by Trisha Code (the most exciting new rapper this year!)
Hello X! I'm thrilled to present my latest AI video!
Rick & Jerry: Interdimensional Cable TV – Episode 2
Includes Quantum Mechanics for Toddlers, Intergalactic Plumbing Championships, & Courtroom Drama
Made with @midjourney, @lumalabsAI, @runwayml, @bmdesignpro, @udiomusic,… pic.twitter.com/AXA45dYWsc
— GregoryMandarano (@GFMwrites) August 6, 2024
Interdimensional Cable TV: Episode 2 by Gregory Mandarano
Join us every Wednesday for WednesdAI – a PD production!
The images accompanying the news items in this article were generated in Midjourney using the following prompts: