AI-Powered Robot Does Chores, Scams and Phishing Attacks, Design-to-Code and More!

AI is taking innovation to new heights, making minds everywhere boggle at its potential! 🤯  This week kept the trend going – proving yet again that our technological limitations may soon be a thing of the past.

I have an exciting update for you this week, with a mix of serious business focused apps that are screaming business-optimization, to more fun that change your fonts and give you a sneak peek into what robot in each home might look like!

Ready to dive in? Let’s go!!

ThisWeek in AI - Five

1) Codametrix: Medial coding a manual, tedious and error prone. Codeametrix addresses all of that and more. It’s an AI-powered medical coding solution that automates 60-70% of all coding activities, does it 5x faster, reduces errors by 60% and saves 30% on coding cost. It’s a no-brainer for clinics and hospitals. Oh and it recently raised $55m in new funding.

2) Google’s PaLM-E: Google and the Technical University of Berlin recently announced the largest ever multimodal embodied visual-language model (VLM) with 552 billion parameters.

PaLM-E can perform complex tasks such as guiding a robot to complete a sequence of actions based on a voice commands, without the need for any training or detailed instructions. For example, if you point PaLM-E to a bunch of baking ingredients and ask it to make a cake batter, it’ll analyze its surrounding including the ingredients on the kitchen table and figure out the steps involved in accomplishing that task and make a cake batter for you.

3) Ddevi: This is a great tool for small businesses. It monitors popular social media platforms like Facebook groups (public and private both), LinkedIn, Reddit, Twitter, Global newspapers, etc. to find qualified leads for your business. All you have to do it identify the platform and select the keywords you’d like to monitor. Since it is AI-powered, it goes beyond just keyword monitoring and takes the context and intent into account to only notify you of quality leads!

4) DuckDuckGo: We’ve all seen Bing’s take on AI-powered search, now DuckDuckGo (DDG) shows its approach to incorporating AI into search experience. Instead of introducing a chat bot, DDG is using AI to generate responses that don’t require you to read through pages of information. Bing and DDG are similar in that aspect.

5) Bifrost SO: Bifrost turns your Figma designs into React code instantly. Demos look pretty impressive. I wonder how much time/dev cycles a service like this can save. Click on the gif below to watch a quick and impressive demo.

Excited about an AI startup or a product? Let us know at [email protected]

ThisWeek in AI - Art

Word-As-Image for Semantic Typography: This AI qualifies as art as it changes font to look like whatever the word is describing. You can read more about it here.

ThisWeek in AI - Interesting Reads

• A couple in Canada were reportedly scammed out of $21,000 after getting a call from an AI-generated voice pretending to be their son: A Canadian couple lost $21,000 to scammers who used AI-generated voice technology to impersonate their son, who they claimed was in jail for killing a diplomat in a car accident. The caller posed as a lawyer and put the convincing AI-generated voice of the son on the phone to ask for the money. The scam, which has been on the rise, is the most commonly reported scam, with imposter scams accounting for the majority of the cases. The Federal Trade Commission saw a decrease in the number of fraud reports from 2.4 million in 2022, down from 2021, but the amount of money lost increased to $8.8 billion. The rise of more powerful AI tools is coinciding with a rise in scams involving people impersonating other people.

• Machine magic or art menace? Japan's first AI manga - A Japanese manga author has created the first fully AI-drawn manga using the viral AI tool Midjourney, raising questions over the threat technology could pose to jobs and copyright in the nation's multi-billion-dollar comic book industry. Unlike traditional black-and-white manga, the manga is fully colored, and the AI-generated images are created by entering text prompts such as "pink hair", "Asian boy" and "stadium jacket" to conjure up images of the story's hero in around a minute. Some lawmakers have raised concerns over artists' rights, although experts say copyright infringements are unlikely if AI art is made using simple text prompts, with little human creativity. The manga author doubts fully AI-drawn manga will ever become mainstream, but says the technology will influence the industry's future.

• Artificial intelligence will destroy ‘laptop class’ workers - The rapid advancement of artificial intelligence (AI) will lead to major social and economic changes over the next decade, with the potential to be as significant as the Industrial Revolution and the advent of the internet combined. Many jobs in the "laptop class" of workers will be replaced by AI, while blue-collar workers will enjoy job security as their work cannot be replaced by technology. The media's advice to "learn to code" may have been misplaced. Rapid advances in AI will disrupt white-collar jobs that can be carried out from laptops at home, while jobs requiring practical knowledge, such as construction and utility work, will provide greater security. AI may reduce the number of jobs related to science, technology, engineering, and math programs.

• AI is taking phishing attacks to a whole new level of sophistication - According to a new report from Egress, 92% of organizations have been victims of successful phishing attacks in the last 12 months, with 99% of cybersecurity leaders admitting to feeling stressed about email security. The report also found that 91% of organizations had experienced email data loss, and 98% expressed frustration with their Secure Email Gateway (SEG), with 53% conceding that too many phishing attacks bypass it. 86% of organizations reported that they were negatively impacted by the sophistication of phishing emails, while 54% suffered financial losses due to customer churn following a successful phishing attack. The report highlights that advanced email security is a necessity for everyday business and that intelligent email security solutions are required to augment traditional SEGs and Microsoft 365, offering a defense-in-depth with a layered security approach.

• Google’s Plan to Catch ChatGPT Is to Stuff AI Into Everything - Google has launched an internal directive that requires "generative artificial intelligence" to be integrated into all its major products within months. This move is in response to the success of OpenAI's ChatGPT and the perception that Google is falling behind in a key subfield of the technology. Senior management has declared a "code red" that comes with a directive that all of its most important products, those with more than a billion users, must incorporate generative AI within months. Google co-founders Larry Page and Sergey Brin have also gotten more involved in the company than they've been in years. However, this move raises concerns that the company is prioritizing commercial gains over responsible AI development. Despite the anxiety around Google, the company has already made significant strides in applying AI to core products, including Gmail and Google Photos.

If you aren't keeping up with the latest and greatest in Artificial Intelligence, you are falling behind. Don't have the time? Don't worry, I've got you covered. I've decided to publish a list of 5 fascinating AI startups/projects/features every week!

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