Welcome, AI enthusiasts

We truly wish that your Christmas was filled with joy, surrounded by those dear to you. Even as we spent time away, the dynamic world of AI continued to evolve. OpenAI investor Vinod Khosla talks about the impact of AI on the global economy. Pika 1.0 is now open to the public, while Microsoft’s Copilot now has a standalone app, challenging ChatGPT. Let’s dive in!

In today’s insights:

• AI's Economic Impact

• Pika Labs Now Open for Everyone

• Microsoft brings Copilot to Android

Read time: 3 minutes

🗞️ LATEST DEVELOPMENTS

VINOD KHOSLA
🌐 AI's Economic Impact

Evolving AI: Billionaire Vinod Khosla predicts AI will lead to a deflationary global economy within 25 years.

Key Points:

• Khosla, an OpenAI investor, sees AI causing a shift in the global economy.

• Traditional measures like GDP may become less relevant in an AI-driven deflationary environment.

• Dismisses AI as the greatest threat, sees China as a higher concern.

• Echoes Elon Musk's views on AI's potential to transform the economy.

Details:

Khosla, a venture capitalist and an early investor in OpenAI, challenges the current economic narrative of inflation by suggesting a significant deflationary impact due to AI advancements. He argues that the widespread adoption of AI will lead to increased efficiency, making goods and services more abundant and affordable, thus reducing prices and potentially affecting corporate profits and economic growth.

Why It Matters:

Khosla's forecast highlights a pivotal shift in economic dynamics, with AI at the forefront. His views challenge traditional economic models and raise questions about the future of work, wealth distribution, and societal structures. As we step into an AI-centric era, understanding these shifts becomes crucial for policymakers, businesses, and individuals alike. Will AI's influence indeed turn our inflationary fears into deflationary realities?

AI brews beer and your big ideas

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If you’re done guessing how to solve work problems or have a crazy idea in your back pocket to test out, ask AI Ideas by AE Studio for free solutions, right now.

PIKA LABS
🎥 Pika Labs Now Open for Everyone

Evolving AI: Pika Labs' text-to-video AI platform, Pika 1.0, is now open to the public, marking a significant advancement in AI-driven video creation.

Key Points:

• Pika 1.0 offers a user-friendly interface for generating videos from text.

• Diverse video styles like 3D animation and cinematic are accessible.

• The tool's editing capabilities allow for detailed customization.

Details:

Pika 1.0 revolutionizes video creation, allowing users to generate videos in various styles, including 3D animation and cinematic, from simple text prompts. While testing revealed some inconsistencies, the platform's range of customizations impresses. Users can adjust frames per second, aspect ratios, and even motion elements. The platform also provides options for editing, including adding new objects, changing aspect ratios, and enhancing video quality. These features, combined with image-to-video and video-to-video capabilities, offer unprecedented control in video creation.

Our Thoughts:

This development in AI video creation is monumental. Pika 1.0 empowers users, from amateurs to professionals, to easily craft high-quality videos, democratizing the field of video production. It not only simplifies the creative process but also opens up new possibilities for storytelling and digital art. As AI continues to evolve, it's exciting to consider how such tools will further transform the landscape of content creation.

MICROSOFT
📱 Microsoft brings Copilot to Android

Evolving AI: Microsoft unveils a standalone Copilot app for Android, enhancing AI access.

Key Points:

• Microsoft introduces a dedicated Copilot app in the Google Play Store.

• The app mirrors ChatGPT with chatbot capabilities, DALL-E 3 integration, and drafting tools.

• Offers free access to OpenAI's GPT-4, typically a paid feature in ChatGPT.

• Currently, iOS users can use Bing's app, with an iOS Copilot likely soon.

Details:

Microsoft has discreetly introduced Copilot for Android, a direct counterpart to OpenAI's ChatGPT. This app, spotted by Neowin, extends AI functionalities beyond the Bing app. It includes chatbot interactions, image generation, and drafting assistance, all powered by OpenAI's advanced GPT-4 model, freely accessible unlike in ChatGPT. This strategic move follows the recent rebranding from Bing Chat to Copilot, signifying a shift towards more integrated and standalone AI experiences. The app's release on Android marks a significant milestone in AI accessibility, and an iOS version is eagerly awaited.

Our Thoughts:

The advent of Microsoft's Copilot app marks a pivotal shift in AI integration into daily technology use. The seamless availability of sophisticated AI tools like chatbots and image generators on a widely-used platform like Android democratizes advanced AI capabilities. This development is not just a technological leap but a glimpse into a future where AI is an integral, accessible part of our digital toolkit. As we await its arrival on iOS, one wonders how these advancements will reshape our interaction with technology and information in the coming years.

💡 Tip of the Day

This video helps you navigate all the new features in Midjourney V6, including prompts and tips.

💰 OpenAI: Potential funding round exceeding $100B.

🚀 Arkon Energy: $110M to grow US bitcoin mining capacity

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