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🌎 A comprehensive look at global AI policy

PLUS: The MidJourney split image prompt

AuthorAuthor

Martin Crowley & Arturo Ferreira
September 04, 2023

Premium // Sponsorship // Consulting

Welcome to AI Tool Report!

Happy Monday, everyone!

We’ve got a question for you today—keep reading to shape the future of AITR (look out for the blue section)

Today: A comprehensive look at global AI policy 🌎

_________________________________________________________________

Today:

📈 Trending: Quick list of today’s most popular tools

💡Training: The ‘split image’ MidJourney Prompt

🧠 News: Global AI policy encapsulated

Read Time: 4 minutes

Washington Post takes a closer look at global AI policy 🌎

Our Report: The Washington Post released a report detailing the global approach to AI, highlighting the disparity between rapid adoption in countries like the UAE and the overly stringent approach of countries like Italy.

🔑 Key Points:

  1. Israel and Japan favor a "soft law" stance, emphasizing self-regulation and shying away from industry-wide legislation.

  2. The UAE is minimal in its regulatory content and encourages the integration of AI across sectors like energy, tourism & healthcare.

  3. Italy has allocated a significant budget to support workers at potential risk from digital transformations, all while ChatGPT is currently banned there.

  4. Brazil's draft AI law, which took three years of deliberation and is 900 pages long, places the onus of responsibility on developers and has strict user protection regulations.

  5. The White House has just released a proposed blueprint for an AI bill of rights…

🤨 Why you should care: Understanding global AI regulations can deepen our context and enhance our grasp of the landscape. Notably, Measuring economic growth against policy stringency will be interesting.

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ChatGPT Prompt

📈Pareto Principle Prompt

copy & paste ⬇️

"Apply the Pareto Principle (80/20 Rule) to analyze [my business decision]. Identify the critical 20% of factors that drive 80% of results, optimizing resource allocation."

MidJourney Prompt

🙌 Split Image

 💡 Tip: Use the term “Image split into two angles” for various viewpoints

😯 X confirms—will use public data to train their AI

X (formerly Twitter) updated its privacy policy, indicating plans to collect users' biometric data, job, and education history, with plans to use this data to train the company's AI and ML models.

If you’ve been following AI developments closely, you’ll realize that it’s quickly becoming a race for data dominance—with companies like Google poised to become leaders in the space due to their vast datasets.

🎤 Co-founder of Google DeepMind discusses AI future

Mustafa Suleyman, co-founder of DeepMind & creator of InflectionAI, has emphasized the power of AI to democratize actions but warns about misuse—such as vendors selling AI genetic engineering kits.

Sure, glow-in-the-dark frogs are pretty cool, but it becomes morally contentious when we start applying this technology to humans.

🪙 Cathie Wood discusses Bitcoin x AI convergence

Cathie Wood, the CEO of ARK Invest ($14B assets under management), exclaims her optimism about the combined potential of Bitcoin and AI, highlighting the economic opportunity of combined investments.

She’s also put her money where her mouth is, with a significant investment in a combined AI x BTC fund, which achieved a mid-year profit of 41.2%.

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🫧 London-based cleaning company debuts AI-powered maintenance fleet

🩻 AI healthcare sees huge investments from A16z & other VC firms

🤖 Samsung gains 6% by joining NVIDIA’s supply chain

💊 AI to be used in treating opioid epidemic in the US

🧑‍🎓 Students develop AI-powered therapist

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Hit reply and let us know what you want more of!

Until next time, Martin & Arturo.

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