Here's The Latest AI News & Tools For This Week

Another week, another torrent of news in the world of AI. Last week, Google dominated the AI news cycle, but this week, OpenAI and ChatGPT reclaimed the spotlight.

Sam Altman, Gary Marcus, and Christina Montgomery appeared in court to tell the Senate that they not only accept but actively want regulation around AI. ChatGPT rolled out its plugins and browsing feature to all Plus members, and OpenAI launched an official ChatGPT iPhone app in the US. On top of that, we got updates from Stability AI and some fascinating videos about AI-powered humanoid robots. Check out the third video in the 'Videos' section of this email for a complete breakdown.

AI never slows down, and I'm totally here for it. I understand, however, that many people can't or don't want to constantly keep track of every development. That's exactly why I created this weekly TL;DR newsletter. By the way, we just crossed the 100,000-subscriber mark! You all are amazing, and I couldn't be more excited to break it all down for you each week.

Let's dive in.

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🛠️ 5 Amazing Future Tools

1. ChatGPT Plus (With Plugins): I couldn't do this week's tool breakdown without mentioning ChatGPT again, because now, a) it has plugins and browsing features for Plus members, and b) they've finally rolled out an official iPhone app. These plugins and browsing capabilities add internet connectivity and a host of additional functionalities to ChatGPT.
(Paid)

2. Recast: This tool takes article consumption to a whole new level. It's a Chrome extension where you simply instruct it to recast any article, and it'll condense it down into a shorter piece and then read it out like a podcast. There are multiple hosts and it sounds like one person interviewing another about the article. It really makes listening to articles much more engaging.
(Free)

3. Rooms: Here's a fun one that I learned about from a Twitter thread by my friend, Bilawal. You can create interactive little rooms and design them however you like. Turn them into games, rearrange things, and even learn to code by observing and tweaking the code behind the scenes. It's currently free, but be warned - you can lose hours playing with this, creating mini-games. It's a ton of fun!
(Free)

4. Vectorizer: Here's a super handy tool for you, especially if you create images using tools like MidJourney or Stable Diffusion and want to convert them into vectors. A vector image is an image you can scale indefinitely without it losing quality as you enlarge it. These are ideal for print-on-demand jobs and for creating things like logos.
(Paid)

5. Contenda: This platform will convert your videos into written articles. And it does more than just transcribe the audio. It actually employs OCR (Optical Character Recognition) technology to consider any text appearing on the screen, using it as additional context for the article. Once the article is written, there's a user-friendly drag-and-drop editor available for adding images and rearranging text.
(Free)

🗞️ AI News & Articles

1. AI Leaders Meet With The US Senate over AI Regulation - This isn't an article, but a super-edit I created from a 3+ hour Senate hearing. OpenAI founder Sam Altman, Professor Gary Marcus, and IBM’s "Chief of Trust," Christina Montgomery, told the US Senate that they felt a strong need for regulation around AI. A couple of things stood out about this hearing. First, it’s rare for companies to approach the government and ask them to increase their involvement, but that’s exactly what this hearing was about. Secondly, OpenAI was advocating for the "little guys." Sam Altman spoke about the need to regulate the larger companies like Microsoft, OpenAI, and Google, while leaving the smaller and Open Source platforms alone to foster innovation. We also discovered that Sam Altman doesn’t hold equity in OpenAI and is essentially working there because he's passionate about what they do. It’s a great watch, and I think most people will gain a much stronger appreciation for what OpenAI is striving to achieve after viewing it.

2. Stability AI Releases StableStudio, the Open-Source Future of DreamStudio - DreamStudio is the user interface for Stability AI's Stable Diffusion. They recently announced they're making the UI open source, meaning anyone can install it locally and build off of it. However, they still recommend using Stability’s API to operate it, which does incur a fee. So, while the UI is open source and free for anyone to use, there will likely be some costs involved. This contrasts with using (the significantly more complex) Automatic1111 to generate images, which doesn't come with the same kind of costs.

3. Introducing the ChatGPT app for iOS - A lot of imposter ChatGPT apps have been appearing on the app store, and many have been guilty of stealing personal details or tricking unsuspecting victims into parting with their money. This week, however, OpenAI released their official app on the Apple App Store. It's quite a bare-bones app that doesn't fully support plugins or browsing yet, and currently, it's only available for iPhone users in the US. But they've promised that Android support is coming very soon.

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

📺️ Must-Watch Videos

💰️ A Money Idea To Try

Use AI to build websites for companies:

There are so many great AI website builders now. Some that come to mind are Mixo, Durable, Sitekick, and the very impressive new Dora builder. You no longer need to know how to code to run a web development agency. You can simply use one of these tools, which create striking designs and then code them up for you. Now, even those without technical backgrounds can build websites and sell them to companies that simply don't have the time to build their own.

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

Announcements:

• Come say hello at these events: I'll be at 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 8,000 members! Join up right here.

• Interested in sponsoring this newsletter? We just crossed 100,000 subscribers!! Details about sponsorships are available here. Slots are taken very quickly but there are still a few June sponsorship slots available.

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