🤖 Elon Musk’s Midjourney Partnership?

PLUS: House of Representatives Form AI Task Force, AI Reshapes the Freelance Landscape

Welcome back AI enthusiasts!

In today’s AI Report:

  • ⛵️Elon Musk’s Midjourney Partnership?

  • 🏛House of Representatives Form AI Task Force

  • 👨‍💻AI Reshapes the Freelance Landscape

  • 🛠5 Trending Tools

  • 💰Venture Capital Updates

  • 💼Who’s Hiring?

Read Time: 3 minutes

🗞RECENT NEWS

ELON MUSK

⛵️Elon Musk’s Midjourney Partnership?

Image Source: Dan Taylor/Heisenberg Media

During an interview on X Spaces, Elon Musk revealed a series of AI plans, including Grok’s chatbot upgrade, a Midjourney image generation partnership, and an update on Neuralink’s patient.

Key Details:
  • Musk explained that X is pursuing a partnership with Midjourney, a text-to-image art platform, to integrate the technology into xAI’s Grok chatbot.

  • xAI plans to release Grok 1.5 in the coming weeks, featuring a “Grok Analysis” button that generates post summaries and offers writing aids.

  • Musk also mentioned that “the first human Neuralink patient seems to have fully recovered and can control a mouse around screens just by thinking.”

  • X will label AI-generated content in feeds to prevent deepfakes and the spread of misinformation.

  • Musk also discussed his vision for X as an all-in-one app that acts like a communication channel to initiate financial transactions and access conversational chatbots.

Why It’s Important:
  • Midjourney is a closed-source AI model (i.e., the source code is restricted to private use) supported by a small, self-funded team focused on design, human infrastructure, and AI use cases.

  • Midjourney’s text-to-image model is accessible through Discord and has over 16 million registered users.

  • If X successfully partners with Midjourney, it will instantly become the world’s largest and most accessible image generator platform.

  • Musk wants to transform X into “the most useful platform on the internet” to make daily tasks more streamlined and accessible.

GOVERNMENT REGULATION

🏛House of Representatives Form AI Task Force

Image Source: Canva AI Image Generator

The House of Representatives formed an AI Task Force to ensure this transformative technology benefits our economy, society, and national security.

Key Details:
  • Led by Republican Representative Jay Obernolte and Democratic Representative Ted Lieu, the task force will promote bipartisanship to “ensure Americans continue to lead in this emerging space while also preventing bad actors from exploiting this evolving technology.”

  • Democratic Leader Hakeem Jeffries explained: “Congress has a responsibility to facilitate the promising breakthroughs” that AI models can bring to fruition and ensure that everyday Americans equitably benefit from these advancements.

  • The Federal Government will enforce existing consumer protection laws and principles to enact appropriate safeguards against fraud, unintended bias, and infringements on privacy.

Why It’s Important:
  • This AI Task Force displays that Congress is attempting to address how to implement policies surrounding the emerging AI landscape in the public and private sectors.

  • Prematurely regulating emerging technologies could stifle innovation. During the PC revolution, many experts feared job loss, social unrest, and the end of humanity.

  • However, this fear didn’t lead to a robust regulatory regime for computers before the technology caused harm.

  • Regulators resisted the temptation to vet PCs for safety and security, leading to the creation of affordable personal computers at a faster rate.

AI RESEARCH

👨‍💻AI Reshapes the Freelance Landscape

The co-founder of Revealera, a platform that analyzes company hiring trends, discovered the AI revolution is reshaping the freelance job market.

As the demand for AI-savvy skills increases, the freelance market has experienced these trends:

  1. Writing jobs declined by 33%, translation jobs by 19%, and customer service jobs by 16%.

  2. Video editing jobs increased by 39%, graphic design jobs by 8%, and web design jobs by 10%.

  3. The leading use case of demand for jobs related to developing chatbots has skyrocketed 2000% since the release of OpenAI’s ChatGPT.

  4. The vast majority of established companies currently aren’t prioritizing the development of training or fine-tuning their own Large Language Models (LLMs).

🛠TRENDING TOOLS

🎮Powder generates social media clips from live streams.

🧠Mindware is an API gateway that connects AI agents to the internet.

👟FitnessAI creates personalized workouts with optimized sets, reps, and weights.

💻60SecSite builds your online presence in seconds.

🌮ChefGPT provides recipe recommendations and meal plan creations based on your budget.

🔮Browse our always Up-To-Date AI Tools Database.

💰VENTURE CAPITAL UPDATES

  • Levr.ai closes a $1M seed round to build an AI-powered loan platform for small businesses.

  • Fabric Labs Inc. raises $60M to streamline care experiences for patients.

  • BRIA secures $24M Series A to pioneer responsible visual generative AI for enterprises.

💼WHO’S HIRING?

  • Snowflake (San Mateo, CA): Cloud Operations Engineer Intern, Summer 2024

  • Smartsheet (Remote): Data Science Intern, Summer 2024

  • LeanTaaS (Santa Clara, CA): Data Analyst Intern, Summer 2024

  • OpenAI (San Francisco, CA): Security Engineer, Threat Intelligence

  • C3 AI (Redwood City, CA): Revenue Forecasting Manager

🤖PROMPT OF THE DAY

BODY LANGUAGE

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📒FINAL NOTE

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