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Today’s Edition
Hey there! Hope everyone had a great weekend. Welcome to your Monday edition, packed with all the hottest news from the world of AI.
📖 Boston Consulting Group conducted a large survey titled "AI at Work: What People Are Saying". They spoke with 13,000 people of all levels about their thoughts and feelings regarding AI. We have highlighted the most interesting parts of the survey below.
🖥️ Found some killer tools, too. Uncrop lets you change an image's ratio by adding in a matching background. Then there's Interactive Mathematics, it's like a math cheat code (not that we'd cheat, right?).
👩🏼💻 If you're stuck writing, there's this AI prompt that can dish out content like nobody's business. Lifesaver!
🎤 Found cool media, like a creative director's cocktail shows made using midjourney. Plus, a podcast with Joshua Browder, the brains behind the world's first robot lawyer. They talk AI and law. Fascinating stuff!
So grab a cup of coffee, sit back, and let's dive into the fascinating world of AI together. Enjoy!
Jenko
AI at Work: What People Are Saying
Remember how we discussed the insights from McKinsey & Company on Friday? Well, I spent the weekend delving into the "AI at Work: What People Are Saying" survey conducted by Boston Consulting Group (BCG), where they polled a whopping 13,000 people (1,200 from Australia/New Zealand), from top executives to frontline employees, across 18 countries.
Interestingly, the mood towards AI in the workplace has changed dramatically in the last five years. Back then, there was a sense of trepidation, but fast forward to now, and it's a different story. We're seeing a more optimistic outlook towards AI, especially among leaders and regular AI users.
AI usage in companies has more than doubled since 2018, jumping from 22% to 50% in 2023. Almost half of the respondents have experimented with generative AI like ChatGPT, and a good chunk (26%) say they use it regularly. It's like watching a new plant sprout – we're at the very start of a massive growth spurt for AI in business.
But, there's a flip side. The optimism isn't universal, and there's a bit of a divide between the leaders and frontline employees. While 44% of leaders have received AI-related training, only 14% of frontline employees can say the same. This shows that we need to ensure that AI development and implementation isn't leaving any group behind.
“The companies that capture the most value from AI follow the 10-20-70 rule: 10% of their AI effort goes to designing algorithms, 20% to building the underlying technologies, and 70% to supporting people and adapting business processes,” said Vinciane Beauchene, a BCG managing director, partner and coauthor of the research.
What's also fascinating is the call for AI regulation. Despite the positive outlook, there's a general consensus that AI-specific regulations are necessary, with a substantial 79% of respondents advocating for it. It's like driving a car – sure, it gets you from A to B faster, but you still need seat belts and traffic rules for everyone's safety.
The bottom line for leaders: Companies must move quickly to build their employees’ trust and equip them with the necessary skills. The report provides a more detailed view of the survey results and a set of three key recommendations.
Ensure that there are spaces for responsible experimentation
Invest in regular upskilling
Prioritise building a responsible AI program.
So, what does all this mean for us? It's clear that AI is no longer a distant concept. It's here, it's growing, and it's already transforming the way we work. However, as we embrace this change, it's crucial to ensure everyone is on board, adequately trained, and that we have proper regulations in place.
Products
Product of the Day
New Products
Stability.ai Uncrop - An AI-generated ‘outpainting’ tool that allows to change the ratio of any image by creating an expanded background to complement any existing photo or image.
Liftoff - Elevate your tech interviews.
Interactive Mathematics - AI Math Problem Solver. Instant step by step answers to your math homework problems.
moveme - Find a movie to move you to a mood Emotion-led AI recommendations. Across all your streaming services.
Check out our AI Product Guide in our Resource Hub to see all the AI tools and software we've previously reviewed and featured.
Our Agency
Learn
A day in the life of AI
Every day, we will showcase a workflow or task designed to help you save time in your job or personal life. Becoming skilled at promoting can be a superpower, so the goal of this section is to help you improve in this area for both personal and professional growth.
Personal or Professional: Professional
Workflow/Task: Campaign Content Creation
Task time before AI: A few hours
Task Time with AI: <2 minutes
Feeling exasperated while trying to draft the perfect content? Let this ChatGPT prompt create captivating content for your campaign effortlessly! Just fill in the blank below:
Create a series of [number_of_posts] compelling posts for a multimedia campaign promoting [product_or_service]. Be certain to highlight [key_features] and adopt a style that resonates with [target_audience]. Also, include [keywords/tags] and [call_to_action] to boost the impact of the campaign.
Please let us know if there are any workflows, tasks, or roles that you would like us to feature.
Most Valuable Media (MVM)
Most Valuable Image (MVI)
These Mocktails images were created by Salma Aboukar's creative workflow with Midjourney. We will show you her awesome creative workflow this Wednesday.
Courtesy of Salma Aboukar
Most Valuable Tweet (MVT)
I find many large firms are putting IT in charge of figuring out what to do with AI
The result is often an effort to treat AI like other software, building elaborate solutions. But this minimizes the use of foundational models for individual productivity
— Ethan Mollick (@emollick)
1:45 AM • Jun 9, 2023