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Hey Insiders, Welcome to today's AI newsletter! Here are the top headlines: - Google is set to revamp its Assistant with generative AI.
- A McKinsey report predicts 30% of U.S. work hours could be automated by 2030.
- Google's app for testing experimental AI tools was removed from stores.
- AI is dominating quarterly earnings calls.
Also, feel free to check out Inside's community site for more details and to share your thoughts on stories. We'd love to hear what you think! Beth
p/beth-duckett | |
| 1 | | Google is working on an enhanced version of its Assistant, fueled by the latest LLM (large language model) technology. A dedicated team is already actively working on creating a mobile version of the advanced voice Assistant, according to an internal company email seen by Axios. More: - As part of the effort, Google is undergoing a restructuring that involves merging teams and making some staff adjustments.
- The reorganization includes a small number of layoffs.
- Google is aiming to meet the rising demand for cutting-edge conversational technology.
- In the email, executives focused on delivering top-notch product experiences to users while harnessing the transformative potential of generative AI.
Zoom out: - Google's most recent I/O developer conference focused heavily on AI, with Bard, its AI chatbot, taking the spotlight over its 7-year-old Google Assistant.
- Emerging alternatives like Bard and ChatGPT have exposed some limitations of older AI helpers like Google Assistant and Alexa.
- Assistant still claims around 700 million monthly users, whereas Bard remains in the early experimental phase.
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| 2 | | What happened: By the end of the decade, nearly 30% of the currently worked hours in the U.S. economy could be automated, according to a McKinsey Global Institute report titled "Generative AI and the future of work in America." By the numbers: Automation driven by generative AI is transforming the labor market. Without generative AI, automation was projected to impact 21.5% of work hours by 2030, but since its introduction, the share has risen to 29.5%, according to McKinsey. Why it matters: With generative AI tools like ChatGPT coming out, the timeline for automation adoption could be sharply accelerated, particularly in areas like STEM and education. Rather than causing widespread job elimination, however, the report suggests that generative AI is more likely to enhance how professionals in the STEM, creative, business, and legal fields work. The most significant impact of automation overall is expected in job categories like office support, customer service, and food service, which could continue to see declines. The bigger picture: Overall, McKinsey estimates that around 12 million occupational transitions may be required by 2030, requiring changes in workforce development and more inclusive hiring approaches in the U.S. 
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| 3 | | Google's AI Test Kitchen app, its playground for people to try out AI-powered tools, has been removed from the Android and iOS app stores. According to 9to5Google, the AI Test Kitchen app has been delisted as of today, suggesting the first stage of a shutdown. More: - Google opened up registrations for the app last August, allowing users to download and interact with its AI chatbot and other technology.
- The app has offered experimental demos like "Talk About It," where users converse with Google's LaMDA LLM to test its topic retention.
- "List It" asks users to name a topic or goal, and LaMDA breaks it down into subtasks.
- People who already installed the app can still access Google's experimental music creator, a text-to-music AI called MusicLM.
- A web version also remains available.
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| 4 | | PC giant Dell is now offering hardware and a managed service platform to help companies build and run generative AI (GenAI) projects. Dell is also set to launch new computers featuring built-in AI capabilities, designed to be compact and energy-efficient. More: - Dell is partnering with Nvidia to provide infrastructure support with Nvidia's Tensor Core GPU and Dell's enterprise AI software and data storage, enabling faster AI model processing.
- The company also unveiled Dell Professional Services, a managed service platform for businesses to start experimenting with GenAI models.
- The GenAI solutions expand upon Project Helix, Dell's recently deployed series of full-stack solutions for generative AI based on Dell and Nvidia infrastructure.
Zoom out: - A growing number of companies, from Amazon to Accenture, are now offering AI services, including managed service platforms and infrastructure, to their clients.
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| 5 | | According to a Reuters analysis, companies reporting their latest quarterly earnings have shown heightened interest in AI compared to the previous quarter. For instance, Intel mentioned AI 58 times in its recent call, up from 15 times in April. More: - During Alphabet's analyst call last week, AI was mentioned 62 times, an increase from 52 mentions three months before.
- Microsoft also discussed AI more, with 58 mentions, up from 35 in the previous call.
- Over a third of S&P 500 companies brought up AI in recent conference calls, up from about a quarter in Q1.
- Overall, "AI" or "artificial intelligence" was uttered 827 times in recent weeks, averaging 3.7 mentions per call, more than double the previous quarter's 1.8 mentions.
- While the discussions on AI have been led by tech giants, even non-tech companies like Moody's and S&P Global have emphasized integrating AI into their risk assessment software and other offerings.
Source: Reuters | | | |
| 6 | | AI Events and Conferences: - Ai4 2023: Aug. 7-9, Las Vegas, Nev.
- Efficient Generative AI Summit: Sept. 11, Santa Clara, Calif.
- AI Hardware Summit: Sept. 12-14, Santa Clara, Calif.
- Edge AI Summit: Sept. 12-14, Santa Clara, Calif.
- MLCon NYC 2023: Sept. 25-28, New York, N.Y., or online.
- AI & Big Data Expo: Sept. 26-27, Amsterdam, The Netherlands.
- AIAI Computer Vision Summit — Berlin: Oct. 5, Berlin, Germany.
- WorId Summit AI: Oct 11-12, Amsterdam, The Netherlands.
- AI World Barcelona: Generative AI Conference: Nov. 14-15, Barcelona, Spain.
- AI & Big Data Expo Global 2023: Nov. 30-Dec. 1, London, U.K.
- The AI Summit New York: Dec. 6-7, New York, N.Y.
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- Former FDA Commissioner Scott Gottlieb believes AI could take on medical tasks for doctors sooner than anticipated.
- OpenAI and Upwork partnered to create "OpenAI Experts on Upwork," a program linking businesses with skilled AI specialists.
- Google DeepMind introduced Robotic Transformer 2 (RT-2), a vision-language-action (VLA) model that learns from web and robotics data, guiding robots to perform tasks like moving objects and picking up trash.
- Arizona State University's Sandra Day O'Connor College of Law allows potential students to use AI tools, like ChatGPT, to assist in their applications.
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 | AI and technology writer | | Beth is a writer and editor at Inside.com covering artificial intelligence and daily technology news. She has written the Inside AI newsletter since 2019. You can reach her at Beth.Duckett@inside.com. | | This newsletter was edited by Christopher Hachey | |
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