🍕 AI everywhere and the death of AI products

+ Free DALL-E 3 on Bing, Canva Magic Studio AI, Google assistant with Bard, JP Morgan CEO wants artificial intelligence across the entire company

Hey there,

I have a secret that I want to start sharing: for the past few months, I’ve been working on a secret generative AI startup to disrupt education with AI.

I’m almost ready to share more with you, but in the meantime, I want to share with you some thoughts I had about the future of Tech Pizza with the same transparency I always had with you ❤️

Since I started Tech Pizza more than one year ago a few things changed:

  • AI has exploded, so Tech Pizza has covered mostly AI news

  • I have less time to write it, so thankfully my team at AI Academy has supported me in writing the Pizza Bytes (thank you, guys!)

  • I’ve started a second AI venture as I said above 😅

All of this makes me think that Tech Pizza should change a bit. My idea is to split it into 2:

  • the Pizza Bytes will become an AI Academy-branded newsletter for all the best news happening in AI, explained even more in-depth

  • my usual opinion piece becomes my personal newsletter, so I feel more free to share personal thoughts and behind-the-scenes stories from the trenches of running 2 AI companies.

What do you think? Would love to hear your thoughts, reply to this email or comment below! ❤️

After this (long) intro, let’s get to this week’s news.

  • AI everywhere and the death of AI products ☠️

  • Pizza Bytes 🍕: Free DALL-E 3 on Bing, Canva Magic Studio AI, Google assistant with Bard, JP Morgan CEO wants artificial intelligence across the entire company

AI everywhere and the death of AI products ☠️

Google revealed A TON of AI products this week. Here’s a list of what their new Pixel 8 phone can do thanks to AI:

  1. Use Google Assistant can summarize web pages

  2. Fix your grammar mistakes before you send messages

  3. Answer phone calls from unknown numbers to filter spam calls

  4. Remove background noises from your phone calls

  5. Create summaries of your voice notes

  6. Edit the facial expressions of people in pictures

  7. De-blur blurred images

  8. Remove or change parts of an image

  9. Oh…all these AI models run on the device

What’s interesting for me is that I could name tens of companies that existed before and can be replaced by a single feature.

There are tens of companies selling AI summarization for web pages, and now it’s in Chrome. Grammarly sells “better writing”, and now it’s in the Android keyboard. Tens of companies sell meeting summarization, and now that’s on the Android voice notes. Photoshop sells so many AI features that now are on the Android “Magic Editing” function.

The AI revolution seems to be moving in a direction in which incumbents (Google, Meta, Apple whenever it’ll make a move) have an advantage over new companies. They are integrating AI over the entire experience of their product, making these new companies obsolete.

Does that mean that there’s no space anymore for AI startups? Absolutely not (I wouldn’t be starting one 😅), but startups need to be ambitious and completely rethink entire experiences from the ground up, rather than selling simple features.

Pizza Bytes 🍕

  • OpenAI has released DALL-E 3, its latest text-to-image model, for free on Bing Chat and Bing.com/create. The model generates realistic and detailed images based on natural language prompts, with improved precision, coherence, and aesthetics.

  • Canva is releasing Magic Studio, an AI-powered design suite that automates tasks like design conversion and translation. The platform also introduces a text-to-video feature and new photo editing tools, challenging Adobe's dominance in the design space.

  • Google announced Assistant with Bard, an AI-enhanced assistant that can help with tasks like trip planning and finding information in emails. It can be interacted with through text, voice, or images and will integrate with Google apps like Gmail and Docs.

  • Google has officially announced the Pixel 8 Pro, which features AI-powered photo editing, including removing distracting sounds from videos. The phone also has an upgraded Google Assistant with improved speech recognition and webpage translation.

  • Artifact, the news aggregator app created by Instagram's co-founders, now allows users to create their own images using generative AI for their posts, making their content more engaging and attractive.

  • Meta introduces generative AI-powered features for ad creatives, allowing advertisers to save time, create multiple asset variations, and enhance campaign performance at scale.

  • LinkedIn is testing AI-powered tools like Recruiter 2024 to help HR professionals find qualified candidates faster, and AI-powered coaching in LinkedIn Learning for personalized advice and content recommendations.

  • Tom Hanks warns fans about a fake dental plan ad that used AI to create a computer-generated image of him without his permission. Hanks raises legal and artistic challenges regarding the ownership of one's likeness.

  • JPMorgan CEO Jamie Dimon believes that AI could be applied to every process of the firm's operations, potentially replacing humans in certain roles. While acknowledging the potential job displacement, Dimon sees AI as adding value to the workforce and hopes to redeploy affected employees.

  • Researchers have created an AI model that combines imaging and non-imaging data to improve diagnostic accuracy on chest X-rays. The model showed improved performance in diagnosing conditions, promising to assist clinicians in interpreting patient data effectively.

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Ciao 👋