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Welcome to Wednesday's edition! We're halfway through the week, and the world of AI is not slowing down.

In today's edition, we're taking a deep dive into Meta's latest AI tech, set to rival ChatGPT, exploring the launch of Meta's open-source AI model, and discussing the potential impact of AI on Hollywood's future.

So, whether you're just starting your day or taking a mid-week breather, we're here to keep you up-to-date with the latest in AI.

Ready to wrap up the AI news of the day? Let's dive in!

— Alex S, AI Wrap Up

AI WRAP UP

Here's what's brewing today:

• 🔵 Meta Releases AI Tech to Rival ChatGPT

• 🎬 Hollywood Must Build Its Own ChatGPT to Save Itself

• 🌐 Wix CEO’s Thoughts About AI: Past, Present and Future

So, refill your coffee and let's get started!

AI NEWS FLASH

🔵 Meta Releases AI Tech to Rival ChatGPT

Source: The New York Times

The Rundown: Meta, the parent company of Facebook and Instagram, has released its open-source Llama 2 large language model. This move is seen as a direct challenge to OpenAI's GPT-4, which powers the popular ChatGPT tool.

Key Points:

• Meta's Llama 2 will be available for free commercial and research use.

• The company is partnering with Microsoft to power AI tools with Llama 2.

• Meta's approach to AI development is open, aiming to benefit everyone and improve safety and security.

• Llama 2 will also be available through Amazon Web Services, Hugging Face, and other providers.

Why it matters: Meta's release of Llama 2 signifies a significant shift in the AI landscape. The open-source nature of Llama 2 could potentially democratize AI development and challenge the dominance of proprietary models like ChatGPT.

AI NEWS FLASH

🎬 Hollywood Must Build Its Own ChatGPT to Save Itself

Source: Wired

The Rundown: The Writers Guild of America (WGA) is striking against studios in pursuit of a new contract that lets writers participate more fully in the industry. The central disagreements are about economics, but the issue that has captured the most public attention is the threat posed by so-called artificial intelligence—products like ChatGPT—to the livelihood of creative professionals, including writers.

Key Points:

• Studios perceive that generative AI is a tool they can use against writers. Some kinds of programming can be formulaic—awards shows and sitcoms, for example—which encourages writers to mimic scripts that have been successful in the past.

• Silicon Valley plans to use AI to do to Hollywood what it did to news and music. Silicon Valley’s bait-and-switch tactics follow a pattern that Cory Doctorow, writing about social media, refers to as “enshittification.”

• There is no reason Hollywood cannot create its own generative AI to compete with ChatGPT. Studios and writers control the intellectual property needed to make a great AI.

Why it matters: The potential impact of AI on Hollywood's future is a topic of intense debate. The creation of a Hollywood-owned generative AI could safeguard the business model of Hollywood for the next generation and ensure the continued creativity and originality of content.

AI NEWS FLASH

 🌐 Wix CEO’s Thoughts About AI: Past, Present and Future

Source: Wix Blog

The Rundown: Wix's CEO, Avishai Abrahami, shares his thoughts on the role of AI in the company's past, present, and future. He highlights the AI-powered capabilities already integrated into the Wix platform and gives a glimpse into upcoming releases.

Key Points:

• Wix's journey with AI started in 2016 with the launch of Artificial Design Intelligence (ADI), their first AI website generator.

• Wix's AI features include the AI Text Creator, powered by ChatGPT, which helps generate high-quality content for websites.

• Wix is working on an AI Site Generator, which will allow users to create a complete, full-blown website by simply writing a prompt.

• Other upcoming AI features include the AI Page and Section Creator, Object Eraser, and an AI Assistant for managing your business.

Why it matters: Wix's commitment to AI integration and innovation highlights the growing role of AI in various industries. The upcoming AI features promise to make website creation and business management more efficient and user-friendly.

That's all for today's AI Wrap Up! Remember, knowledge is power, so share this newsletter with your friends and colleagues. Stay curious, stay informed, and we'll see you tomorrow for another round of AI news!

—Alex S, AI Wrap Up

AI Prompt Tutorial

🤖 AI Prompt Tutorial:

Tutorial: Employ ChatGPT as Your Website Development Guide

Building a website, especially for beginners, can be quite a challenge. From choosing a platform to designing layouts, there are many elements to consider. ChatGPT can provide advice and ideas based on established web development principles.

Try the prompt below:

Act as an experienced website developer and designer. I am planning to create a website for my new photography business. The website should display my portfolio, tell my story, offer booking services, and contain a blog section. Could you help me with the structure of the website, suggest some essential features, provide SEO-friendly practices, and recommend effective design principles? Please also include tips on making the site mobile-friendly and user-friendly.

Modify this prompt to suit your specific needs. Whether you're creating a website for an e-commerce store, a personal blog, or a non-profit organization, ChatGPT can offer you tailored advice.

AI TOOLS & RESOURCES

⚡ 5 AI tools to supercharge your productivity

AI ARTWORK SPOTLIGHT

📸 Image of the day: On the lake.