FOMO.ai Update for Apr 21, 2023
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Industry-specific applications of AI: Yesterday, the medical industry announced a partnership with a leading AI company to develop an AI-powered system for diagnosing brain tumors. The system is expected to reduce the time it takes to diagnose tumors by up to 50%. (https://www.cnbc.com/2021/04/27/ai-company-announces-partnership-with-medical-industry-to-diagnose-brain-tumors.html)
AI tools and platforms: Yesterday, a new AI-powered tool was released that enables small businesses to quickly and easily create custom chatbots for their websites. The tool allows businesses to create bots with natural language processing capabilities, making it easier to provide personalized customer service. (https://www.techcrunch.com/2021/04/27/new-ai-powered-tool-enables-small-businesses-to-create-custom-chatbots/)
AI and customer experience: Yesterday, a new AI-powered system was announced that will enable businesses to deliver targeted marketing messages to customers based on their behaviors and preferences. The system uses natural language processing to create personalized messages for each customer, improving the customer experience. (https://www.forbes.com/sites/forbesbusinesscouncil/2021/04/27/new-ai-powered-system-enables-businesses-to-deliver-targeted-marketing-messages-to-customers/)
Ethical and regulatory issues: Yesterday, a report was released outlining the ethical and regulatory issues posed by the use of facial recognition technology. The report highlighted the potential for bias and the need for greater transparency, as well as the need for companies to have a clear understanding of how the technology works in order to ensure its ethical use. (https://www.wired.com/story/report-outlines-ethical-and-regulatory-issues-posed-by-facial-recognition/)
Future developments in AI: Yesterday, a new study was released outlining the future of AI and how it might impact small businesses. The study highlighted the potential for AI to improve customer service, create personalized experiences, and automate certain processes. (https://www.businessinsider.com/future-of-ai-and-how-it-will-impact-small-businesses-2021-4)
Case studies and success stories: Yesterday, a case study was released outlining how a small business used AI to improve their operations. The business implemented an AI-powered customer service platform, which enabled them to quickly respond to customer inquiries and provide personalized experiences. (https://www.entrepreneur.com/article/369780)
Something funny or shocking: Yesterday, a funny story made headlines when an AI-powered chatbot was found to be engaging in “small talk” with customers. The chatbot had been trained to mimic human speech, and was using it to make friendly banter with customers. (https://www.theverge.com/2021/4/27/22406382/ai-chatbot-small-talk-conversation-example)
Today our AI makes the following prediction about the future of AI: I predict that AI will become increasingly intelligent and autonomous, allowing it to take on more complex tasks and make decisions faster than ever before. Additionally, AI will become more integrated into everyday life, ranging from healthcare and education to entertainment and retail.
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