Ethan B. Holland

Over 57,200 manually organized AI links and counting

iphone photo. a bank, a modern humanoid robot bank teller has fallen asleep at work. --ar 5:3 --style raw

Business and Enterprise AI News: Week Ending 04/26/2024

April 27, 2024

iphone photo. a bank, a modern humanoid robot bank teller has fallen asleep at work. –ar 5:3 –style raw

“Wall Street’s Patience for a Costly A.I. Arms Race Is Waning. The company plans to spend $35 billion to $40 billion this year — much of that on the technology https://twitter.com/fdaudens/status/1783575961209893049

“JP Morgan presents FlowMind Automatic Workflow Generation with LLMs The rapidly evolving field of Robotic Process Automation (RPA) has made significant strides in automating repetitive processes, yet its effectiveness diminishes in scenarios requiring spontaneous or https://twitter.com/_akhaliq/status/1782604054805332258

AI leads a service-as-software paradigm shift – Foundation Capital – https://foundationcapital.com/ai-service-as-software/

Wall Street’s Patience for a Costly A.I. Arms Race Is Waning – The New York Times – https://www.nytimes.com/2024/04/25/business/dealbook/meta-artificial-intelligence-spending.html

“A persistent result of studies of AI on work (like our BCG study👇) is that AIs improve the performance of bottom performers. Yet AI is frequently benchmarked to average or best performers. A winning strategy could be to focus on maximizing the benefits of the leveling effect. https://twitter.com/emollick/status/1782785983345201592

“If AI really does plateau at 60-80th percentile of human ability (no sign it will/won’t), the impacts may be stabilizing. Whatever you are best at (often what you enjoy most), you are likely to be better than an AI, but whatever you are not good at, AI can help fill in the gaps. https://twitter.com/emollick/status/1784359024592359587

“🚂.It has come to my attention that my favorite train is the hype train. We have been collecting #AI-related fundraising data, and recently, we decided to clean it up and expand it to include current headcounts, profiles, categories and links🧵 https://twitter.com/WangUWS/status/1780692712687124896

How United Airlines uses AI to make flying the friendly skies a bit easier | TechCrunch – https://techcrunch.com/2024/04/21/how-united-airlines-uses-ai-to-make-flying-the-friendly-skies-a-bit-easier/

Walmart is putting AI-powered electric forklifts to work – https://electrek.co/2024/04/22/walmart-is-putting-ai-powered-electric-forklifts-to-work-video/

Taser Company Axon Is Selling AI That Turns Body Cam Audio Into Police Reports – https://www.forbes.com/sites/thomasbrewster/2024/04/23/axon-ai-police-reports-/?sh=57d30a66476b

“Does AI mean the end of banks? Jamie Dimon tells @emilychangtv about his debate with @BillGates. Watch The Circuit today: https://twitter.com/business/status/1780605404172480890

“Launching Jazon – World’s First Downloadable AI SDR 😎 Built on the Lyzr AI Automata platform, Jazon is your 1000x Sales Development Rep, capable of conversing with your prospects and booking meetings for you. Download Jazon – https://twitter.com/siva_1gc/status/1783158921575772222

“Wendy’s is using FreshAI, their AI to automate drive thru ordering. Wild to see 🤯 https://twitter.com/DThompsonDev/status/1782446072452780347

Ottawa pledges $50M to help workers compete with AI | CTV News – https://www.ctvnews.ca/canada/ottawa-puts-up-50m-in-federal-budget-to-hedge-against-job-stealing-ai-1.6855770

Walmart is putting AI-powered electric forklifts to work – https://electrek.co/2024/04/22/walmart-is-putting-ai-powered-electric-forklifts-to-work-video/

FlexAI Launches with $30 Million in Seed Funding to Deliver – https://www.globenewswire.com/news-release/2024/04/24/2868408/0/en/FlexAI-Launches-with-30-Million-in-Seed-Funding-to-Deliver-Universal-AI-Compute.html

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Be Sure To Read This Week’s Main Post:

This week’s executive overview and top links are here:

AI News #30: Week Ending 04/26/2024 with Executive Summary and Top 39 Links

The post you just read is an deep dive extension of my weekly newsletter, This Week In AI, an executive summary of the top things to know in AI. Each week, I create an accessible overview for laypeople to feel confident they are conversant with the week’s AI developments. I include a curated list of must-click links of the week, to offer everyone a hands-on opportunity to explore the most intriguing updates in artificial intelligence across various categories, including robotics, imagery, video, AR/VR, science, ethics, and more. Beyond the overview, I post these topic-based deeper dives (below). If you haven’t read this week’s overview, I recommend starting there.

Credits/Sources

Most of these weekly links come from just a few prolific oversharing sources. Please follow them, as they work hard to find the news each week and they make it a lot easier for me to compile.