💰 CEOs Prioritize AI Investment over Workforce DevelopmentPlus: 🎨 How to use the new Canva AI Tools and OpenAI to make their own Chips.
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Greetings Everyone, Happy Friday🙏, CEOs increasingly prioritize AI investments over workforce development, recognizing its potential to reshape the future job landscape. Additionally, Canva has introduced AI tools here is a How-To-Guide, and OpenAI is venturing into chip development. This is what’s on the Menu Today:
“The human spirit must prevail over technology. - Albert Einstein 💪🏽 Important AI News and Trends.
🌐 Web3 and Tech news.
CEOs Prioritize AI Investment over Workforce DevelopmentCEOs prioritize investing in generative AI but are concerned about ethics and regulation. Most allocate more funds to technology (57%) than workforce development (43%), according to a KPMG study.
Around 23% expect quick returns, while 62% anticipate 3-5 years. KPMG’s Steve Chase advises assessing skills and readiness. Generative AI is seen as boosting profitability, innovation, and cybersecurity but also poses risks.
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OpenAI to Make Their Own Chips
OpenAI is exploring the development of its own AI chips and has even looked into potential acquisitions for this purpose. CEO Sam Altman is emphasizing the need for more AI chips due to shortages and high operational costs. While this move aligns OpenAI with tech giants like Google and Amazon, it's a major investment with uncertain outcomes. Microsoft, OpenAI's primary supporter, is also working on a custom AI chip. The demand for AI chips has risen significantly with ChatGPT's launch, and Nvidia currently dominates this market. How to Use the New Canva AI Tools.Canva launched AI image generation apps two days ago, enabling users to create unique visuals effortlessly. Magic Media, Imagen, and DALL·E turn descriptions into images and videos swiftly. These tools eliminate creative blocks and offer various styles. Canva alleges to prioritize ethical use and safety, collaborating with Google Cloud and OpenAI for responsible AI.
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📰 Publications I am currently reading and recommending:
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Friday, October 6, 2023
💰 CEOs Prioritize AI Investment over Workforce Development
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