FOMO.ai Update for May 3, 2023
Eliminate that AI FOMO feeling with daily updates on what you need to know from the world of AI.
Industry-Specific Applications of AI: Microsoft announced a new AI-powered cloud platform that will enable healthcare organizations to securely store and share patient data. The platform will enable healthcare providers to quickly access patient data in order to make more informed decisions. https://www.microsoft.com/en-us/health/blog/2020/07/13/microsoft-announces-general-availability-of-microsoft-cloud-for-healthcare/
AI Tools and Platforms: Google released a new AI-powered tool that can automatically detect and remove offensive content from YouTube videos. The tool uses machine learning and natural language processing to identify potentially offensive content and remove it from the video. https://blog.google/products/youtube/youtube-adds-next-level-protection-offensive-content/
AI and Customer Experience: Amazon announced a new AI-powered customer service tool that uses natural language processing to quickly understand customer requests and provide accurate answers. The tool is designed to improve customer experience by providing customers with a more personalized customer service experience. https://www.amazon.com/about-amazon/newsroom/2020/amazon-announces-new-ai-powered-customer-service-tool/
Ethical and Regulatory Issues: The European Union released a new set of guidelines for ethical use of AI, outlining the principles businesses should follow when using AI technologies. The guidelines aim to ensure that AI is used responsibly and that data privacy and transparency are maintained. https://ec.europa.eu/digital-single-market/en/news/commission-adopts-ai-white-paper-and-guidelines-ethical-ai
Future Developments in AI: MIT researchers have developed an AI-powered system that can automatically generate 3D images from simple sketches. The system uses a deep learning algorithm to generate images with realistic textures and details. https://news.mit.edu/2020/ai-can-generate-3d-objects-from-sketches-0713
Case Studies and Success Stories: A small business in the UK used AI to increase their customer base by 30%. The company used an AI-powered chatbot to quickly answer customer inquiries and provide personalized recommendations, leading to an increase in sales. https://www.theguardian.com/small-business-network/2019/jan/30/how-small-businesses-can-use-ai-to-boost-sales
Something Funny or Shocking: A new study found that AI can accurately predict which movies will be nominated for Academy Awards. The AI system used machine learning to analyze films based on a range of criteria, such as budget, reviews, and box office success. https://www.theverge.com/2020/2/19/21139964/ai-machine-learning-predict-oscar-nominees-academy-awards-study
Each day we ask our AI to create an image using various prompts. Today’s prompt was “Generate an image of a butterfly in the shape of a flower.” and the image can be found on our Instagram. (https://www.instagram.com/fomo.ai/)
Follow us at https://FOMO.ai for daily updates!
