Your weekly Ai report
Feb 27, 2024 11:08 am
Good morning Here is your report ...
On today's menu ☕️
-Miss out on Nvidia? The AI stocks billionaire Warren Buffet is scooping up📈 ...
-How AI productivity tools can help at work, but some make your job harder
-Top 5 100% FREE Ai tools of the week
-How Chatgpt actually works
Ai in business
miss out on Nvidia? the AI stocks billionaire Warren Buffet is scooping up📈 ...
Apple- $181 (48.8% of Portfolio):2027 price prediction $350
- What They Do: Integrates AI in user-friendly features; exploring generative AI.
- Valuation: 29x 2024 earnings.
- Quick Take: Apple excels in making AI a part of everyday tech.
Amazon - $174 (0.4% of Portfolio): 2025 price prediction $225
- What They Do: Uses AI for customer experience, supply chain efficiency; AWS drives AI in business.
- Valuation: High, reflecting diverse AI applications.
- Quick Take: Amazon’s AI reach is vast, from retail to cloud computing.
Snowflake - $230 (0.3% of Portfolio): 2025 price prediction $500
- What They Do: Specializes in AI-driven data analytics and storage.
- Valuation: P/S ratio of 22.9.
- Quick Take: As data grows, so does Snowflake’s significance in AI.
- Closing Thought:
- Buffett’s AI picks show the value in companies integrating AI smartly. A hint for savvy investors: Look beyond buzz, focus on integration and application.
Ai at work
How AI productivity tools can help at work, but some make your job harder
AI Tools in the Modern Workspace: A Hopeful Yet Realistic Perspective
- The Rise of AI Tools: In today’s fast-paced world, AI tools like Microsoft Copilot and Gemini for Google Workspace are revolutionizing how we work. For a modest monthly fee, these tools promise to automate mundane tasks, aid in writing, and enhance overall productivity.
- User Experiences: While AI significantly speeds up tasks like email management and document creation, it's not without its quirks. Microsoft’s Copilot, for example, offers various tones and lengths for emails but can sometimes add unsolicited elements or stray from the original request. "They hallucinate,” notes Ethan Mollick, an associate professor at the Wharton School.
- The Accuracy Challenge: Both Copilot and Gemini excel in certain areas but require user vigilance. AI-generated content often needs manual edits for accuracy and context. “I don’t want people to abdicate responsibility,” says Kristina Behr of Google Workspace, emphasizing the tool's role as an assistant rather than a replacement.
- AI in Document and Data Handling: AI tools show promise in handling documents and data, yet sometimes they can produce overreaching conclusions or fail to grasp the context.
- Meeting and Presentation Assistance: In meetings, AI tools like Copilot can provide useful summaries and action points, although the accuracy of transcripts can vary. For presentations, these tools can suggest layouts and content, but user discretion is crucial for a polished final product.
- A Balanced View: A Pew Research Center survey reveals mixed feelings among U.S. adults about AI’s future impact, with 34% believing it will have an equal measure of benefits and drawbacks.
- The Verdict: AI tools are invaluable for sparking ideas and speeding up routine tasks. However, they are best used as supplements to human judgment and creativity. As Hatim Rahman of Northwestern University puts it, AI provides statistically likely answers but lacks human understanding.
- Looking Forward: AI in the workplace is a source of both optimism and caution. It heralds a new era of efficiency but also underscores the importance of human oversight. The future is hopeful, with AI as a powerful ally in our professional lives, provided we use it wisely and remain informed.
Tools of the week
top 5 100% FREE AI TOOLS OF THE WEEK
Leonardo AI -offers users a diverse range of image creation and editing capabilities.
magic eraser -Removes unwanted objects, people, or text from images effortlessly.
adobe enhances speech -significantly improves the quality of recorded speech that may be muffled
Claude - best for marketers similar to chatgpt but gives more natural responses
Ideo gram- creating logos and other text-based images
Education content
How chatgpt works ...
ChatGPT: The Art of Predictive Conversation
1. ChatGPT as a Skilled Predictor:
- Expert in Probabilities: ChatGPT is like a master predictor, but its specialty is in guessing the next word in a sentence rather than forecasting weather or stocks.
- Leveraging Past Knowledge: It uses its vast reading and learning to estimate how likely certain words are to follow others.
2. Constructing Sentences Word by Word:
- Playing the Probability Game: With each response, ChatGPT calculates the most likely word to come next, akin to strategically choosing the next move in a game.
- Assembling Words Like Building Blocks: Each word is selected based on how well it fits with the previous ones, forming a stable and coherent sentence.
3. The Mechanics of Statistical Learning:
- Built on Vast Data: ChatGPT’s understanding of word sequences comes from training on an enormous amount of text.
- Utilizing Statistical Models: It applies statistical models to predict the probability of each word, much like calculating odds in a game.
4. Tailoring Responses to Context:
- Considering the Whole Picture: ChatGPT looks at the entire conversation to make accurate predictions, not just the last word spoken.
- Adapting to New Information: It recalculates its predictions to suit the flow of the conversation, especially when new or unexpected topics arise.
5. Evolving Through Interaction:
- Learning from Each Exchange: Every conversation helps ChatGPT refine its predictions and understanding of language use.
- Achieving Natural Conversation Flows: This ongoing learning process enhances its ability to mimic the natural rhythm of human conversation.