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AI Bytes 📰

AI might be monitoring you at work

Major companies like Starbucks, Walmart, and Delta Air Lines are adopting AI platforms like Aware to track employee interactions on workplace apps such as Slack and Microsoft Teams. Aware's CEO, Jeff Schumann, emphasizes its real-time monitoring of employee sentiment and toxicity, providing insights into workforce dynamics. While some companies leverage Aware for governance and compliance, concerns about employee privacy and mental health persist.

A study by the American Psychological Association reveals that monitored employees report poorer mental health. Dr. Tara Behrend of Michigan State University warns against relying solely on such tools, highlighting the importance of valuing employee contributions beyond mere productivity metrics. As AI reshapes workplace surveillance, ethical considerations and employee well-being remain paramount. Read more…

Usage of AI in Real Estate

A recent poll found that AI adoption in real estate is on the rise, with 75% of U.S. brokerages already using the technology and nearly 80% of agents embracing the AI tools. More than 80% of real estate agents use AI to craft property descriptions daily, while 67% use it to create emails, letters and blog posts. However, more than 50% of real estate brokerage executives are "concerned or deeply concerned" about the perceived lack of adequate safeguards surrounding AI, which would otherwise curtail their exposure to associated risks and liabilities. Read more…

Stability.ai launches Stable Cascade - a powerful text-to-image model

Stability AI has released Stable Cascade, a new text to image model that builds upon the Würstchen architecture. The model is being released under a non-commercial license that permits non-commercial use only. Stable Cascade is exceptionally easy to train and finetune on consumer hardware thanks to its three-stage approach. The model introduces an interesting three-stage approach, setting new benchmarks for quality, flexibility, fine-tuning, and efficiency with a focus on further eliminating hardware barriers. Additionally, training and inference code can be found on the Stability GitHub page to allow further customization of the model & its outputs. The model is available for inference in the diffusers library. Read more…

Generative AI for Business Continuity Planning

Riskonnect, a premier integrated risk management (IRM) solutions provider, unveils generative AI-powered features in its Business Continuity & Resilience solution. With this enhancement, the software offers automated content suggestions for drafting or updating critical documents like business continuity plans and incident templates. Kathryn Carlson, Riskonnect's Senior VP of Product Management, emphasizes the transformative potential of generative AI in streamlining business continuity planning. Riskonnect's ongoing commitment to AI innovation underscores its dedication to empowering customers and revolutionizing risk management. The integration of AI into Riskonnect's platform enables organizations to identify critical risks, assess their impact, and simulate diverse scenarios for better preparedness. With over 2,500 customers globally, Riskonnect continues to lead in providing insights for better risk management outcomes. read more…

AI-Powered Circuit Board Design Startup Raises $10 Million

Quilter, a circuit board design startup, recently secured a $10 million Series A round of funding led by Benchmark, a prominent venture capital firm. The company plans to utilize artificial intelligence to streamline the design of components for various electronic devices, including rockets, computers, and smartphones. Quilter's software employs AI technology that improves over time, aiming to fully automate the circuit board design process. This automation is expected to significantly reduce the time required for design, from months to weeks or days, while also offering potential cost reductions and increased efficiency. The market for printed circuit board design is estimated to be between $40 billion to $50 billion and is projected to continue growing. Quilter's approach stands out in an industry where much of the design process remains manual. The investment from Benchmark was driven by the increasing prevalence of electronics worldwide and the potential for AI to revolutionize circuit board design. The company, founded in 2019 and based in Los Angeles, has 12 employees working remotely. The funding and the innovative use of AI technology position Quilter as a significant player in the evolving landscape of circuit board design. Read more…

This week’s How to Guide 🤯 

Easy way to remove the background of any image!

Clipdrop is a tool that allows you to create stunning visuals in seconds using AI. It offers various features such as generating high-resolution realistic images, cropping photos to any image format, creating multiple variants of an image, transforming doodles into real images, removing objects, people, text, and defects from pictures automatically, extracting the main subject from a picture with incredible accuracy, relighting images with beautiful lights, upscaling images by 2x or 4x in seconds, replacing backgrounds, removing text from any image, replacing gray sky with blue sky, swapping people in any image, and adding magic to your apps with the Clipdrop API.

By following these five steps, you can effectively remove the background of an image a picture.

2. Upload Your Image: Select the option to upload the image containing the person you want to remove.

3. Processing: Allow the tool to process the image. It will identify the person and separate them from the background.

4. Review and Refine (if available): Check the edited image for accuracy. If necessary, refine the selection or adjust settings to improve the removal process.

5. Save the Edited Image: Once satisfied with the result, save the edited image to your device or preferred storage location.

TechCanvas 🎨 

Narrative Nook📔

A Voyage of Hope

Lillian gazed at the moonlight dancing on the waves as her little boat bobbed gently. Ever since she was a child listening to her father's tales, she had been captivated by rumors of mermaids off the Nova Scotia shores. Though villagers mocked her fanciful obsession, she knew in her heart that magical creatures lurked in the sea.

Tonight her patience was rewarded. Silhouetted against the glow of the moon, graceful shapes broke the surface of the black water. Lillian caught flashes of silver tails and long, flowing hair before the mermaids dove back into the depths. A smile spread across Lillian's face as she imagined the look on the skeptics’ faces when she presented her sketches and notes as evidence. Her daring solo voyage had been vindicated by discovery, proof that wonders still remain for explorers brave enough to seek them.

Mind Teasers: 🕵️ 

Leaves adorned with water droplets captivate us, but can you discern between real photos and AI-generated simulations? Let's unravel the mystery! 🍃💧

Come back next week to find out the results!! 🔍

Tool Spotlight 🛠️ 

Effortless Web Data Extraction and Monitoring with Browse AI

Browse AI simplifies data extraction and monitoring from any website without requiring coding skills. It efficiently extracts specific data and formats it into spreadsheets, saving time and effort. Users can schedule extractions and receive real-time notifications of changes, enhancing workflow efficiency.

With prebuilt robots, users can start quickly without building from scratch. Browse AI seamlessly integrates with popular platforms like Google Sheets, Airtable, and Zapier, enhancing connectivity and workflow automation.

Featuring bulk running of up to 50,000 robots, user interaction emulation, pagination handling, and auto-adaptation to site layout changes, Browse AI offers robust functionality. Its global reach enables easy extraction of location-based data.

The platform's scalable pricing model ensures affordability and flexibility for businesses of all sizes. With its user-friendly interface, Browse AI empowers users to harness web data insights within minutes, regardless of experience level.

Editor's Note ✍️ 

This newsletter comes straight from the desk of John V Jayakumar, CEO of Superposition Technologies.

My life's journey is a testament to the transformative power of education and technology—my dad broke free from poverty through education, and I achieved millionaire status thanks to technology. My takeaway for you? Wholeheartedly embrace technology; it's a game-changer for you and everyone in your orbit.

Note: The views expressed are solely those of the editor.

Connect with John on LinkedIn.

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