📆 June 14th 2024 📆 

A bit more variety after a few weeks of tech giants yearly conferences. I have a new original article out plus some new announcements in video gen, politics, business & job hunting where AI is continuing to bring innovation.

• Knowledge graphs are explored with AI as a way to convert unstructured text into graph mapping complex relationships.

• Kling & Luma emerges to challenge OpenAI’s Sora model for video generation

• In the US & UK, AI bots enter the race for office, raising concerns if we’re going too far.

• Reports that lack of ROI & progress are causing businesses to reassess their AI spending strategy

• LinkedIn release a new AI powered job hunting feature - will it deliver or simply add to the noise generated by AI in hiring?

• As always, too much to put in headlines. Check out the Other News Rollup section for a quickfire review of the top stories in AI.

Dive in for all the details!

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✨ Bright Journey Content ✨

Building Knowledge Graphs with LangChain & Neo4J

The world is a complex weave of ever changing relationships and facts. Maintaining strict structures to explain how it works can be a fools arrand, leading to inaccuracies and false models of the world. One tool that we can deploy to address this problem is the Knowledge Graph. Brought into recent relevance by Google in 2012, the knowledge graph has emerged as a more natural way to describe our complex world. It doesn’t come without it’s own complications however. They are often challenging to setup, with expert knowledge and context required to create and maintain the changing relationships.

Gartner have recently put Knowledge Graphs on the 1-3 tech radar for generative technologies and with AI advancing into the realm of context and understanding, the combination sets up the time of the small knowledge graph, used to map context and knowledge in a particular domain. In this tutorial I walk through building one with Neo4j, LangChain & GPT-4o to map the comparison between Garmin watches pulled from YouTube transcripts.

Read my article at: Bright Journey AI

📰 News 📰 

Kling: The AI Video Generator Rivals Sora

Kling, a new AI video generator, is gaining attention as a strong competitor to OpenAI’s Sora. Kling offers creators the ability to produce high-quality, 1080p videos with advanced features that rival existing models like Runway and Pika. Known for its smooth motion and realistic human representation, Kling allows for longer video generation right from the start, unlike its competitors. This emerging tool aims to enhance video production capabilities for content creators, marking a significant advancement in AI-generated video technology.

Read More At: VentureBeat

Luma Dream Machine

Luma Dream Machine is an AI-powered video generation tool that transforms text and images into high-quality, realistic videos. It uses a highly scalable and efficient transformer model trained directly on videos, ensuring physically accurate and consistent results. Key features include rapid video generation, smooth motion, realistic cinematography, and character consistency. This tool is designed to help users quickly iterate and explore creative ideas with breath-taking camera movements and detailed scene construction.

Read More At: Luma Dream Machine

Survey Reveals Underwhelming Results from AI Projects

A recent survey by Lucidworks found that businesses are increasingly cautious about AI investments due to disappointing financial returns and high costs. Conducted with 1,000 companies globally, the study showed that only 25% of AI projects have progressed beyond pilot stages, and 42% of businesses have yet to see significant benefits. Concerns over cost, accuracy, and security have also risen sharply. Despite this, 63% of companies plan to increase AI spending in the next year, down from 93% in 2023.

Read More At: The Register

LinkedIn's New AI-Powered Job Hunting Features for Premium Subscribers

LinkedIn has unveiled several new AI-powered features for its Premium subscribers, aiming to enhance job hunting and professional networking experiences. These features include an AI job coach that leverages LinkedIn’s extensive data to help users find, research, and apply for roles more effectively.

Additionally, the new AI-powered experience provides personalized career advice, analyzes feed content to highlight key opportunities, and offers tailored action suggestions to maximize productivity and professional growth. This AI integration aims to transform the job search process into a more seamless and informed journey​

Read More At: The Verge - All Posts

AI Chatbots Running for Office: A New Frontier

This novel concept sees AI systems being used to campaign and potentially hold positions of power. The discussion is framed around the growing influence and capabilities of AI in various sectors, now extending into the political realm.

AI chatbots have demonstrated the ability to manage large volumes of information and interact with constituents, offering a new way to handle the complexities of political office. These AI candidates can analyze vast datasets, provide timely responses to constituents' inquiries, and maintain a consistent communication strategy. However, the move also raises significant ethical and practical concerns, including the accuracy of information, potential biases in AI decision-making, and the overall impact on democratic processes.

For more detailed insights, visit Wired.

🔨 AI Powered Tools 🔨 

• Mosaic AI - Advanced platform for building and deploying machine learning models at scale. It is designed for data scientists and engineers, providing tools for model training, deployment, and management. The platform leverages AI to enhance data processing, streamline experimentation, and ensure robust model governance.

• BiRead - Facilitates instant bilingual reading, targeting language learners and bilingual individuals. The platform offers features like side-by-side translations, quick vocabulary lookups, and customizable reading experiences to enhance comprehension and fluency in multiple languages.

• Stable Diffusion 3 Medium - Latest AI-powered text-to-image generation model from Stability AI. It offers enhanced photorealism, better understanding of complex prompts, and improved typography. The model is resource-efficient, suitable for consumer and enterprise use, and supports fine-tuning for custom applications.

🗞️ Other News Rollup 🗞️ 

AI Industry Under Threat - California's Senate Bill 1047 threatens AI innovation, consumer protection, and free speech rights, risking a brain drain.

Virtual boyfriends trend - Chinese women embrace AI boyfriends like 'Dan' for emotional support, reflecting frustrations with real-life dating experiences.

Recall AI Feature Delayed - Microsoft delays Recall AI feature launch to address privacy concerns and ensure quality before release.

Innovative Research Funding Program - Google launches Academic Research Awards program supporting global challenges with up to $150,000 USD funding per project.

Government AI Guardrails - Senators introduce PREPARED for AI Act to regulate AI acquisition in government, ensuring responsible adoption and safety.

AI Disaster Warning - Italian PM and Pope caution G7 on AI dangers and advocate for ethical governance mechanisms at summit.

Patent lawsuit against Microsoft - German ParTec sues Microsoft over AI patents, seeking injunction, fees, and damages for alleged infringement in Azure AI.

Chipmakers Unite - AMD and Intel join forces to challenge Nvidia's AI empire by establishing open ecosystems and developing high-speed interconnect technologies

AI Startup Valuation - Mistral AI's valuation hits $6.2B, attracting investments from tech giants like IBM, Nvidia, and Cisco.

NSA Head Joins OpenAI - Retired NSA director enhances OpenAI's cybersecurity efforts. Nakasone brings valuable experience to ensure AI benefits humanity.

Alexa's Generative AI Struggles - Amazon's Alexa faces delays in upgrading to a smarter voice assistant, risking falling behind competitors.

AI Tools for Databricks Mosaic - Databricks upgrades Mosaic AI with tools for building reliable gen AI apps, strengthening its offering against competitors like Snowflake.

Efficient Image Generation Model - Stability AI launches Stable Diffusion 3 Medium, a compact model with high-quality features for efficient image generation.

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