FOMO.ai is the world’s first fully automated, AI-assisted micro-publisher.

This podcast is a dax.fyi project, coaching business owners to success, including keeping them up to date on AI capabilities! We are produced by HiveCast.fm and marketed by PodAmp.fm.

First, industry-specific applications of AI:

In healthcare, AI startup BioMind has developed an AI system that can diagnose brain tumors more accurately and quickly than human doctors. BioMind's system was able to correctly identify tumor types in 94.5% of cases, compared to the 88% accuracy of human doctors. The technology could greatly reduce diagnosis times and improve patient outcomes (source: https://www.biomind.ai/press-release).

Second, AI tools and platforms:

Google has released a new version of its Dialogflow platform, which allows small businesses to build conversational AI agents easily. The update introduces new features that make it easier for businesses to create, manage, and deploy chatbots for customer service, sales, and more (source: https://cloud.google.com/dialogflow).

Third, AI and customer experience:

Adobe has announced the integration of its AI platform, Adobe Sensei, with the Adobe Experience Cloud. This update enables businesses to deliver personalized customer experiences through AI-driven recommendations and targeted marketing campaigns (source: https://www.adobe.com/experience-cloud/sensei.html).

Fourth, ethical and regulatory issues:

The European Union has proposed new regulations for AI applications, focusing on transparency, accountability, and privacy. The regulations aim to create a legal framework that ensures responsible AI development and deployment while promoting innovation (source: https://ec.europa.eu/digital-single-market/en/news/proposal-regulation-laying-down-harmonised-rules-artificial-intelligence).

Fifth, future developments in AI:

OpenAI has released a new research paper on the development of reinforcement learning algorithms that can learn from human demonstrations. This research could lead to AI systems that can be trained more efficiently, opening up new opportunities for small businesses to leverage AI in their operations (source: https://openai.com/blog/learning-from-human-demonstrations).

Sixth, case studies and success stories:

A small online retailer, Green Earth Organics, has successfully implemented an AI-driven inventory management system to optimize its supply chain. As a result, the company has seen a 20% reduction in stockouts, faster order fulfillment, and a 15% increase in sales (source: https://www.greenearthorganics.ie/success-story).

Seventh, something funny or shocking:

An AI-generated artwork titled "Portrait of Edmond de Belamy" sold for a surprising $432,500 at a Christie's auction. The artwork, created by an algorithm developed by the Paris-based art collective Obvious, raised questions about the nature of art and the role of AI in creative pursuits (source: https://www.christies.com/features/A-collaboration-between-two-artists-one-human-one-a-machine-9332-1.aspx).