Dimons Are Forever, Atlas Shrugged, AI Music U U Udio - Just Say the Word (Apologies to Phil Collins)
AI Bytes: Volume CI, Issue #25
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Jamie Dimon Has a New Vision for Money in an AI World
Jamie Dimon believes AI will allow consumers to put their money on autopilot.
Dimon says that AI still has limitations and cannot be a stock picker.
He also predicts that AI will make significant improvements in workers' quality of life, but may also result in job losses.
JPMorgan is already using AI in its wealth plans and plans to expand its use across all of its processes.
If AI can put your money on ‘autopilot’, what will this mean for Financial Planners? I also think Quants might have a bone to pick with Jamie assertion that AI can’t be a stock picker.
An Electric New Era for Atlas
Boston Dynamics announces a fully electric Atlas robot designed for real-world applications.
Atlas is a big step forward for Boston Dynamics, which has previously focused on hydraulic robots.
The electric Atlas will be stronger, with a broader range of motion than any of its predecessors.
Boston Dynamics is confident Atlas will be a valuable solution for customers in a variety of industries.
“We can rebuild him. We have the technology. We can make him better, than he was. Better, stronger, faster.” Ok, not exactly, but robots have certainly come a long way.
Stability AI is giving more developers access to its next-gen text-to-image generator
Stability AI is giving more developers access to its next-gen text-to-image generator, Stable Diffusion 3, via API and a new content creation platform called Stable Assistant Beta.
Stable Diffusion 3 is “equal to or outperforms” other text-to-image generators in “typography and prompt adherence.”
The model is under preview and not yet available to the general public.
Stability AI is working with API platform Fireworks AI for companies that want to use both models.
Stability AI plans on hosting its model weights on its own servers through a Stability AI membership in the near future.
WATCH
PLAYING AROUND
Udio | Make your music
Udio allows users to create music from simple text prompts and transform them into professional quality tracks.
Udio provides a platform where music creators can explore their creativity and bring their musical visions to life with ease.
It makes music production accessible to individuals of all skill levels and backgrounds, fostering inclusivity and empowering aspiring artists.
Jim O’Shaughnessy was my victim.. er.. I mean inspiration. There’s an illustration about value featuring a gyro truck he gave in his famous Google Talk. I decided to use it for the lyrics in my techno-themed Udio test:
No biggie though. It wasn’t his voice. It was the ‘male vocals’ prompt in Udio:
That’s a wrap for this week. Don’t be afraid of AI, go out and play with it. It’s awesome and only getting better!