5 Cool AI Tools & The TLDR in AI This Week

This week has been the craziest week that I’ve ever experienced since I started working in AI. It seemed like every company had some sort of big AI announcement.

Google’s putting AI in everything, GPT-4 is released, MidJourney Version 5 drops, Microsoft announces they’re putting AI in everything, Stable Diffusion releases “Reimagine.”

It’s just been huge, world-changing, announcement after another and I’m exhausted. I was trying to make new YouTube videos about each announcement as they happened as well as live tweet what was happening. I think I was pretty successful with keeping people in the loop but now, I need a loooong nap. LOL

I’ll try to break it all down for you in my normal weekly style (with maybe an extra news article or two this week).

Let’s get into it…

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🛠️ 6 Amazing Future Tools (Bonus)

1. GPT-4 From OpenAI: I couldn’t do this week’s newsletter without mentioning GPT-4, as it is probably the coolest thing to launch this week. However, I felt that this was kind of cheating since everyone’s most likely heard about it (so I added a 6th tool). GPT-4, while currently slower than the predecessor, has a much better understanding of what you’re asking and gives much more detailed responses. It will soon work with image prompts as well.

2. MidJourney Version 5: While MidJourney isn’t a new tool, Version 5 has been completely overhauled. Prompting uses more natural language, where you’d type like you’d talk to get much more coherent images. The photorealism of what MidJourney V5 can create is on another level. It’s so much better at things like hands and teeth than previous versions. AI image generation was taken to a whole new level with this one!

3. Be My Eyes: This is a new mobile app that’s enabled by the power of GPT-4. Those who have vision impairments, can use this app to take pictures of items and receive instant identification of what the app sees. This will open a whole new world for the vision-impaired to be able to scan something and have it audibly identified via this app.

4. NVIDIA Canvas: This is great for those of us who aren’t the best at art but what to recreate something that we see in our heads. We can turn simple art drawings into beautiful works of art by painting with real-world materials. It will even paint in layers, allowing us to export our works of art and retain the same layer structure inside of tools like Photoshop. Imagine creating something with Stable Diffusion or MidJourney and having all of the elements of that image separated into layers for you for fine-tuned editing later.

5. Stable Diffusion Reimagine: Among the many announcements this week was Stability’s announcement of Stable Diffusion Reimagine. A tool where you can upload one image and it will reimagine that image in multiple new ways. Simply upload a single image and watch as the tool makes several similar images of the same subject matter.

🗞️ 4 Fascinating News Articles

1. GPT-4 is OpenAI’s most advanced system - This was absolutely the biggest news of the week. GPT-4 launched. The livestream, where they demoed it in real time, was epic. On the stream, they took a poorly drawn image of a website mockup, took a picture of it, and told GPT-4 to create a website based on that mockup… And it did. They also showed it sort through the complicated tax codes to help someone figure out their tax liability. This is the most powerful large language model we’ve seen to date. Check out my demo video below as well as the recording of the livestreamed event.

2. Google announces AI features in Gmail, Docs, and more - The news that Google would be rolling AI into pretty much all of their tools also came on Tuesday. It was the first big news of the day. It was almost like OpenAI was anticipating Google’s announcement when they completely overshadowed it with their launch on the same day. Nonetheless, the Google announcement is HUGE news. The fact that Google is going to add AI features into all of its tools will likely disrupt a lot of small software companies that have built tools that do things like write emails, manage Google Sheets, or create slides for you… As Google is now rolling it into the tools that people already use any. This will obsolete a lot of rather new companies quickly.

3. Microsoft 365 Copilot—A whole new way to work - Not to be outdone by Google, Microsoft also announced this week that they too would be adding AI into everything. Word, Outlook, Excel, Powerpoint, and everything in between will all be getting AI completion added into their products. Not only that, you’ll be able to chat with all of your Microsoft products. Imagine ChatGPT but it searches through your emails in Outlook, your Excel spreadsheets, you Word documents, your Team meeting notes, and everything else to help you find answers tailored to your business.

4. Midjourney Launches a Magazine - Along with MidJourney’s huge announcement of Version 5, they also rolled out a new Magazine. The magazine will include art from the community, behind-the-scenes peeks at MidJourney, interviews, and more. Along with the rollout of the physical magazine, they announced that people can even get their first issue free (coupon code: subscriber). Some have speculated that getting this could be akin to getting “Action Comics #1” of the AI Space. (I’m signed up)

📺️ Must-Watch Videos

💰️ A Money Idea To Try

Music Video Artist:

Alright, so this one is a bit out there but there are so many awesome tools to make killer videos with AI now. You can use Plazma Punk, Kaiber, Decoherence, Genmo and more to make awesome generative video that actually syncs to music.

You can use tools like RunWayML to remove objects from videos or remove backgrounds. You can also use RunWay’s Gen-1 to blend videos with awesome imagery to get creative visuals.

You can reach out to small musicians on Twitter and YouTube and offer to create killer, inspiring videos for their music that they can then share with their audience. The more your videos get passed around and shared, the more in-demand your service to create amazing music videos will be.

Find more AI income ideas at the AI-Income Database here.

Announcements:

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• If you haven’t joined the Discord community yet, there’s always amazing conversations and fun competitions happening in there. We’re about to pass 3,300 members! Join up right here. We’re also launching a fun weekly radio show starting next week, exclusively in the Discord.

• Each Friday, I join a Twitter Space to talk about the recap of the week in AI. If you want to join us on our space, we’ll be going live again today at 1pm Pacific. Come join us here.

• NVIDIA is putting on their GTC Conference next week where they’ll have guest panelists talking about AI and Metaverse technology. It’ll be free to livestream it here.

Thanks for checking out this week's FutureTools newsletter!

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You rock! See ya next week. :)

Matt Wolfe (FutureTools.io)

P.S. This email was 100% written by a human. I promise!