Your TLDR of the AI World For The Week

This week felt like the world of AI hit the fast-forward button. Announcements flew in from IBM, Meta, Hugging Face, and, of course, Google, with its annual I/O event. This year, the spotlight was on AI. Google's weaving AI into pretty much everything they do - Gmail, Google Drive, Google Search, their Workspace tools, their smartphones, Google Maps... You name it, they're layering AI on top of it.

We also saw the rollout of the largest context AI model to date, thanks to Anthropic’s 100k token model. Meta unveiled an open-source multi-modal image and audio tool. Stability launched an animation AI... After a few slow weeks last month, this week was an absolute whirlwind of AI happenings. Blink and you'd probably miss something.

That's exactly why I write this email for you every week. My goal? To give you the TLDR of everything happening in the AI world. Each day, my inbox is flooded with 50-75 new AI tools. I pore over 10-20 AI news articles. There's just so much to keep tabs on. I can't get enough of it, but I realize it's a lot to handle for most people. So, I've got you covered. I've sifted through the noise and narrowed it down to the most interesting, relevant, and downright cool stuff I've come across.

So let’s dig in…

Thank You To This Week’s Sponsor!

ChatGPT Skool

Join this comprehensive ChatGPT course and discover how to:

• Streamline your content creation process with Chat GPT

• Develop winning business strategies using AI technology

• Boost your website traffic and social media engagement

• Create high-quality lead magnets that convert

• Craft compelling sales copy, emails, and more

Don’t miss this opportunity to future-proof your skillset and unlock the full potential of ChatGPT for your business. Enroll now and become a part of our thriving community of AI-driven entrepreneurs!

Enroll now with a 15% discount using code (AIFAN)

🛠️ 5 Amazing Future Tools

1. Shap-E: Meet OpenAI's latest offering: a text-to-3D generation model. Just like you would with a text-to-image tool, you input a text prompt and you get a 3D object that represents your description. You can then download and fine-tune it in your go-to 3D modeling software. It's still in its early stages, and the 3D designs could certainly be better. But think of it as the 3D equivalent of the first iteration of Dall-e, but for 3D objects.
(Open Source)

2. ChatTube: This Chrome extension is a simple tool. After installing it on your browser, just head over to any YouTube video and start asking questions about the video. It uses the video's transcript as context to answer your queries. However, there is a limit to how many uses it offers per day (likely due to their OpenAI API key). But don't worry, they're planning to introduce a paid option for additional daily chats soon.
(Free)

3. Dreamlook: If you've ever liked the idea of training your face into a Stable Diffusion model, you've probably noticed it isn't exactly a piece of cake. Enter Dreamlook - they've simplified the process to a tee. Just upload a few snaps of yourself, respond to their queries you'll get a fine-tuned model imbued with your likeness, ready for Stable Diffusion. You can even train your first model free of charge, making it the easiest way to turn yourself into an AI character.
(Paid with Free Trial)

4. Rosebud: I'm a huge fan of journaling. Enter Rosebud, a tool that harnesses the power of GPT to enhance your journaling experience. It tosses out daily prompts for you to respond to and allows you to delve deeper. It even auto-generates a vision board for you and dishes out insights with weekly summaries. And the cherry on top? They don't store any of your data. Everything you share is safely stashed on your own computer.
(Paid with Free Trial)

5. GRID: GRID Sheets is an AI-powered spreadsheet editor that streamlines data analysis and reporting. It facilitates easy formula creation, data input from various sources, and the generation of interactive visualizations, reducing time and effort required for data-related tasks, while enhancing communication of data insights.
(Free & Paid Plans)

🗞️ 4 Fascinating Articles / News

1. All the AI announcements from Google I/O 2023 - Google held their annual I/O event this week where they basically announced they're putting AI into everything. They're now using their new PaLM 2 large language model, Bard got a coding upgrade, they're rolling out AI into chat, and all the Google Workspace tools are getting AI. New AI features are showing up in Google Maps, Google Drive is getting AI natural language, and so much more. I made a super-edit of all of the AI announcements here.

2. Meta open-sources multisensory AI model that combines six types of data - This week saw Meta unveiling their open-source ImageBind model, an intriguing combo of images, audio, and text. You can feed it an image and extract a sound from it, or vice versa. You can even input an image and a sound, and get a whole new image influenced by both. Being open-source, it's likely to be integrated into new apps in a multitude of creative ways.

3. Introducing 100K Context Windows - ChatGPT's largest available context window is 32k tokens, and most people don't have access to that. The ChatGPT most people use has an 8k token limit, which equates to roughly 6,000 words of combined input and output. This week, Anthropic released their 100k context window, meaning that between your chat input and the output you receive, you can have roughly 75,000 words. That's about the length of an average adult fiction novel. More tokens mean you can paste and chat with much larger amounts of text.

4. Hugging Face Releases “Transformers Agents” - This is significant because Hugging Face is opening up their toolset for others to build new tools and iterate from. The new tools that people develop can then be added to Hugging Face's toolset, allowing others to build and iterate off of them. The more tools people build, the easier and more powerful the platform becomes, allowing for more and more sophisticated AI tools over time.

You can also stay up to date with the latest AI news here.

📺️ Must-Watch Videos

💰️ A Money Idea To Try

Create and sell AI Generated “MadLibs” books on Amazon:

Did you know that you can have ChatGPT essentially create “MadLibs” style stories for you where the user fills in the blanks with nouns, adjectives, and verbs to complete a story?

Pick a niche and create a ton of stories, with fill-in-the-blanks paragraphs and compile them into a book. Use the Kindle Direct Publishing platform to create and dropship physical versions of the books.

Here’s an example prompt: “Write a short story that's only 2 paragraphs. Create it in the style of madlibs where some of the nouns, verbs, and adjectives are missing, requiring the reader to fill in the blanks to complete a hilarious story.”

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

Announcements:

• Come say hello at these events: I'll be at "AI on the Lot" in Hollywood, CA on May 16th, Augmented World Expo from May 31st to June 2nd in Santa Clara, CA, and SIGGRAPH in August in Los Angeles, CA.

• If you haven’t joined the Discord community yet, there’s always amazing conversations and fun competitions happening in there. We just passed 7,400 members! Join up right here.

• Interested in sponsoring this newsletter? We just crossed 95,000 subscribers and people are opening and clicking! Details about sponsorships are available here. Slots are filling quick as I only have one sponsor per week. Rates will be going up later this month.

Thanks for checking out this week's FutureTools newsletter!

Have a tool that you want to share? Submit it here.

And don't forget to check out all of the newest tools we've just added on FutureTools!

Finally, if you have any feedback for me or ideas for this newsletter, get in touch! Replying to these emails will get to me and I will read all replies. I want to improve this and continue to make it something that you're super excited about each week. So all ideas are welcome!

You rock! See ya next week. :)

Matt Wolfe (FutureTools.io)

P.S. This email was 95% written by a human. GPT checked my grammar for me. :)Maty