The EU’s AI Act Is In Force

PLUS: Microsoft vs OpenAI, AI Chrome

August 03, 2024

Leader, welcome back. Today’s updates:

  • Get an AI Chatbot*: Automate tasks, boost productivity, and give yourself a competitive edge.

  • The EU's AI Act is now in force, with high-risk AI systems facing stricter regulations (More)

  • Microsoft has listed OpenAI as a competitor despite their partnership (More)

  • Google introduces Google Lens and AI-powered "Tab Compare" feature to Chrome desktop (More)

  • Tools to increase your productivity

  • Resources to help you learn and much more…

FEATURED

Fed up with endless to-do lists and feeling like a robot in your own business? Now you can break the cycle.

  • Automate repetitive tasks and boost your team's productivity with custom workflows.

  • Build AI-powered apps tailored to your specific needs, giving you a competitive edge.

Ready to reclaim your time and unlock your business potential? Fill out the form today and let's chat about your AI future!

BEST LINKS

Productivity Tools

GrowthSchool* - Join our 3-hour masterclass packed with AI tool insights, expert prompting techniques, and practical hacks - usually $499, but free for the first 100 to sign up

Social Content AI* - Goodbye social media stress, hello streamlined strategy. Try it for free

Superhuman - A productivity-boosting email platform that helps teams work faster and more efficiently, now 1 month free (link)

Anyword - An AI writing platform for enterprise marketing teams (link)

Useful Resources

The best AI notes apps in 2024 (link)

Generative AI: The 21st-century power play (link)

Your new AI Friend is almost ready to meet you (link)

How Scotiabank built an ethical, engaged AI culture (link)

Step-by-step guide: Generative AI for your business (link)

P.S. You can still get The Ultimate ChatGPT Toolkit (no email opt-in).

DAILY AI CHALLENGE

What is the most important consideration when deciding whether to build in-house AI capabilities or partner with external providers?

Login or Subscribe to participate in polls.

FUNDING & JOBS

💰 Funding

UK shelves $1.65 billion of funding for technology and AI projects (link)

Ema raises $36M to build universal AI employees for enterprises (link)

💼 Job Board

Commerce Business Development Manager at Google (US)

Senior/ Staff ML Engineer at Grow Therapy (Remote)

🐦 Treating Early:

🔮 Mystery Link

This link could show you Elon Musk's business secrets or how to do a backflip or anything in between.

PROMPT TUTORIAL

Designing a Customer Journey Map

Design a Customer Journey Map for [Your Product/Service]. Identify key stages (Awareness, Consideration, Purchase, Retention, Advocacy) and touchpoints for each stage. Define customer goals, pain points, and emotions. Use personas like [Persona 1] and [Persona 2] to map interactions. Include solutions to improve the journey.

Product/Service: [Insert here]

Persona 1: [Insert here]

Persona 2: [Insert here]

ETCETERA

Top silver-producing companies of 2023

25 ways to travel cheap and see the world

Why do some people sneeze so darn loudly?

11 of the world’s most famous abandoned cities

How did they decide what to call the president?

30 incredible facts about pirates that are 100 percent true

The monk who lived for 82 years without ever seeing a woman

Auroras are expected tonight and through the weekend as the US braces from 'cannibal' solar eruption

Will Paris 2024 Olympics be the greenest ever? This and other nature and climate stories you need to read this week

CLOSING UPDATES

The EU’s AI Act is now in force

The European Union's new AI Act has officially gone into effect as of August 1, 2024. The law takes a risk-based approach, with most AI applications considered low-risk and exempt from regulation.

However, a subset of "high-risk" AI systems, such as those used for biometrics or in sensitive domains like healthcare, will face stricter requirements.

Microsoft lists OpenAI as a competitor

Microsoft has now listed OpenAI as a competitor in both AI and search, despite their long-standing partnership. Microsoft has invested $13 billion in OpenAI, running its models across its products, and being OpenAI's exclusive cloud provider.

However, in a recent SEC filing, Microsoft categorized OpenAI as a competitor, likely due to antitrust concerns around their relationship.

AI Chrome

Google is bringing Google Lens to Chrome desktop to allow users to search for information about objects or text they select on a webpage.

Google is also introducing a "Tab Compare" feature that will provide an AI-powered summary of similar products across open tabs to aid online shopping.

That’s all.

Stay curious, leaders!

- Mr. Prompts

PS. If you missed yesterday’s issue, you can find it here.

Interested in partnering with us? Get in touch here.

*Sponsored content

Reply

or to participate.