Today’s AI Rundown Includes:

 📈 What’s Hot: Musk Warns That AI Poses a “Civilizational Risk”

 💡 Must Know: MidJourney Prompt To Try

 🧠 News Today: EY Reveals EYQ Language Model

Read Time: 3 Mins

Welcome to Moje AI Daily Digest!

On this Day In Tech…

September 13, 1983: Osborne Declares Bankruptcy

Osborne Computer was on the rise, but the company's lack of foresight led to its untimely demise and coined the term "Osborne effect", referring to how quickly a company can crash and burn by getting customers interested in the products they do not have yet and reducing the interest in their current products.

Musk Warns That AI Poses a “Civilizational Risk”

The Jinx Of It: Tech leaders, including Elon Musk, Mark Zuckerberg, Bill Gates, and Sam Altman, alongside labor leaders and human rights advocates, met with senators on Capitol Hill for discussions on AI regulation.

🔑 Key Takeaways:

• Senators were instructed to submit written questions, and the gathering aimed to provide insights into AI regulation and opportunities

• While organizers emphasized bipartisanship, Senator Josh Hawley expressed skepticism about the forum, citing the interests of tech giants and their potential influence

• The discussions sought to address concerns and opportunities related to AI's impact on various aspects of society

• Elon Musk warned that AI posed a "civilizational risk," emphasizing the importance of proactive measures

• Musk has long been an advocate for responsible AI development and has frequently expressed worries about the unchecked growth of AI technologies

• Musk's use of the term "civilizational risk" suggests that he believes AI has the potential to pose a threat not just to individuals or specific industries but to human civilization as a whole

Why Should You Care? Overall, Elon Musk's statement highlights the urgency of addressing AI-related risks and the need for careful consideration and regulation to ensure that AI technologies are developed and deployed in ways that benefit, rather than harm, society.

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MidJourney Prompt To Try

Prompt: /imagine a sandman dissolving into swirling sand, high volume dust, cinematic lighting --ar 2:1

Adobe’s Firefly Generative AI Tools Widely Available

Firefly-powered features like Photoshop’s Generative Fill tool are now out of beta. Adobe has announced the commercial availability of its Firefly generative AI model across its Creative Cloud, Adobe Express, and Adobe Experience Cloud services.

Adobe is also launching a standalone Firefly web app, allowing users to explore generative capabilities without subscribing to specific Adobe applications.

Additionally, Adobe is rolling out an annual bonus scheme for Adobe Stock contributors who allow their submissions to be used for training its AI models.

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EY Reveals Results of $1.4 Billion Investment in Artificial Intelligence

EY (Ernst & Young) has unveiled its EY.ai EYQ large language model - the result of a $1.4 billion investment.

The company plans to train its 400,000 employees on AI, with future investments directed toward refining its large language model.

The EY.ai platform includes AI-embedded products and a library of use cases designed to help companies deploy AI at scale, addressing challenges companies face when implementing AI strategies and roadmaps.

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Until tomorrow, Mia at Moje AI.