9 | The ChatGPT Moment for Generative AI Video

Author

Wilson CELY
December 01, 2023

This week, we lived the ChatGPT Moment for AI generative AI video, we're stepping into a world where AI is crafting videos with such finesse, they're almost indistinguishable from reality.

As for Europe, we're uncovering some splendid insights from the crème de la crème of VC funds.

We're also unlocking the door to reveal the tools we use every day to capture the most accurate content. And to top it off, we'll be enjoying a splendid talk on Large Language Models for the non-technical, delivered by a renowned figure in the AI world.

Our Menu :)

WEEKLY DIGEST
The chatgpt moment for generative AI video

Welcome to the frontiers of AI and video production, where the rules of creativity are being rewritten!

In this article, we dive into the groundbreaking innovations by industry giants like Pika Labs, Stability AI, Meta AI, and others, who are revolutionizing how we craft and experience videos. But with great innovation comes great responsibility – we'll also tackle the emerging challenges that these advancements bring.

The Players and Their Innovations:

  • Pika Labs, an AI video startup, just announced a splendid $55M funding alongside the launch of Pika 1.0. Their concept 'idea-to-video' it is the most remarkable breakthrough since the Launch of ChatGPT but in AI Video. Truly, it's something you have to see for yourself to believe!

  • Stability AI's SVD Image-to-Video: Stability AI's SVD Image-to-Video model has redefined video creation by bringing still images to life, and now they have developed a Real-time text-to-image generation model. HERE

  • Meta AI's Emu Video: Meta AI's Emu Video has revolutionized the translation of text into vivid video narratives, providing a versatile tool for storytellers TRY IT HERE

  • Baidu's VideoGen HD: Baidu's VideoGen HD sets a new standard for high-definition storytelling, crafting realistic videos from minimal textual input MORE INFO

  • Alibaba's I2VGen-XL: Alibaba's I2VGen-XL, trained on extensive text-video and text-image pairs, ensures the exceptional quality of generated video content MORE INFO

  • SEINE and Video-LLaVA: SEINE from Shanghai AI Lab and Video-LLaVA from PKU-YUAN are pushing the boundaries of video transitions and unified visual representation, adding depth and understanding to AI-generated video narratives MORE INFO

The Broader Impact:

The emergence of Generative AI in video production signifies more than just technological progress; it marks the dawn of a new era in content creation. These tools empower creators with boundless possibilities, transcending the limitations of traditional filmmaking and unleashing a new wave of digital artistry.

A Word of Caution:

However, this technological leap forward brings with it significant challenges:

Web Pollution: One of the most pressing concerns is the potential pollution of the internet with low-quality AI-generated content. A telling example is the case of an SEO consultant who used AI to flood a competitor's keywords, sparking a debate on Twitter. This incident highlights the risk of AI being used to create content that prioritizes quantity over quality, potentially making it harder for users to find accurate and reliable information online.

Truth and Authenticity: Another critical issue is the erosion of trust in digital content. The challenge is not just about distinguishing between AI-generated and real images; it's about maintaining the integrity of information in an age where AI can easily replicate and distort facts. This issue echoes past concerns with technologies like Photoshop, but AI brings it to a new level, making it easier and faster to generate misleading content.

Israel Kamakawiwoʻole results in AI images in two out of three thumbnails

Digital Commons Dilemma: The shift towards protecting open-source datasets, a reaction to the growing capabilities of AI, mirrors the historical Enclosure Movement. Just as lands once open for communal use were fenced off, valuable data that could fuel AI innovation is becoming increasingly walled, potentially stifling progress.

Regulatory and Ethical Implications: The debate over AI regulation is crucial. While AI holds immense potential for enhancing creativity and productivity, there's a growing need for regulations to ensure responsible and sustainable use. This includes addressing issues like copyright and intellectual property rights, as AI often uses content created by others without explicit permission or attribution.

WEEKLY DIGEST
Amazon Unveils "Amazon Q"

 Amazon Connect has introduced "Amazon Q," a generative AI-powered assistant designed to enhance business productivity.

Key Features of Amazon Q

  • Real-time Assistance: Amazon Q provides real-time, AI-generated recommendations to aid contact center agents in resolving customer issues effectively and efficiently.

  • Conversational Analytics and NLU: It employs conversational analytics and natural language understanding to discern customer intent and provide agents with generated responses and suggested actions.

  • Enhanced Customer Service: Agents can query Amazon Q using natural language or keywords for swift customer service.

Hands-On Experience

Amazon Q's capabilities can be experienced within the Amazon Connect agent workspace, available through an API for integration into existing systems.

WEEKLY DIGEST
Future of Radiology

GPT-4's capabilities in processing radiology reports, including tasks like disease classification and findings summarization, have been rigorously assessed, demonstrating its ability to understand and generate complex medical language. The study, presented at EMNLP 2023, in collaboration with Nuance, a Microsoft company, aimed to evaluate GPT-4's impact on radiologists' workflow.

What’s New:

GPT-4 has been benchmarked against GPT-3.5 and other state-of-the-art radiology models, showing about a 10% absolute improvement in certain tasks. In some instances, radiology report summaries generated by GPT-4 were even preferred over those written by experienced radiologists.

Why Does It Matter?

GPT-4's ability to automatically structure radiology reports, a task known for its complexity and unstructured nature, stands out as a significant advancement. This capability not only aids in standardizing disease descriptions but also supports the use of real-world data and evidence, potentially accelerating the application of research findings into clinical practice.

Future Outlook:

While promising, the results of GPT-4's application in radiology require further validation through extensive research and clinical trials. The technology, under human oversight, holds great potential for assisting radiology professionals, thereby improving patient care and safety.

WEEKLY DIGEST
State of European Tech 2023, by Atomico Invest

Europe's tech landscape is experiencing a significant transformation, particularly in the realm of Artificial Intelligence (AI).

With a robust talent pool surpassing that of the US and a commitment to ethical AI practices, Europe is establishing itself as a leader in tech innovation.

What’s New:

  • AI Investment Surge: European AI-focused companies attracted 22% of all megarounds in 2023, highlighting strong investor confidence.

  • AI and Machine Learning Growth: These sectors accounted for 11% of the total tech investment in Europe, indicating a burgeoning AI landscape.

  • VC Firms Embrace AI: Over 60% of VC firms are adopting AI for automating tasks, and nearly 45% use AI for market research and due diligence.

  • Climate Tech Focus: Reflecting Europe's dedication to global challenges, the climate tech sector drew 30% of all tech investments.

Why Does It Matter?

  • Setting Global Standards: Europe's pioneering role in AI ethics and its strategic focus on climate tech are reshaping global tech practices.

  • Balancing Innovation with Responsibility: Europe’s tech evolution illustrates a unique blend of cutting-edge technology and a commitment to sustainable and ethical development.

About Atomico: Founded in 2006, Atomico is a venture capital firm that invests in tech-focused startups, primarily at the Series A stage and beyond.

With a strong emphasis on European companies, Atomico brings deep operational experience to supercharge the growth of ambitious tech founders.

Their portfolio includes over 100 teams, featuring industry leaders like Klarna, Supercell, Graphcore, and MessageBird. The Atomico team, comprised of founders, investors, and operational leaders, has extensive experience in global expansion, hiring, and marketing, with ba

Main takeaways for entrepreneurs in AI:

  1. Strong AI Talent Pool in Europe: Entrepreneurs should leverage Europe's substantial AI talent, which surpasses the US. This offers a rich environment for collaboration and innovation.

  2. High Investor Confidence in AI: With AI companies attracting a significant portion of megarounds, there’s a clear signal of strong investor confidence in the AI sector. Entrepreneurs should be encouraged by this supportive investment climate.

  3. Growing AI and Machine Learning Sector: With these sectors accounting for a notable share of total tech investments, there are ample opportunities for entrepreneurs to innovate and secure funding.

  4. AI Integration in Operations: Entrepreneurs should consider integrating AI into their business operations, as seen with many VC firms automating tasks and enhancing market research with AI.

  5. Climate Tech as a Rising Sector: Given the significant investment in climate tech, AI entrepreneurs with a focus on environmental solutions have a promising opportunity to make an impact and secure funding.

  6. Ethical AI and Regulation Leadership: With Europe leading in AI ethics and regulation, entrepreneurs should prioritize ethical considerations in their AI solutions, aligning with emerging standards and regulations.

  7. Diverse Investment Sources: Despite a decrease in US investor participation, there’s an increased importance of European and other international investors. AI entrepreneurs should broaden their investment outreach strategies.

  8. Long-term Performance over Short-term Gains: Given the current economic climate and the emphasis on long-term performance in VC, AI entrepreneurs should focus on sustainable, long-term growth strategies rather than short-term gains.

ACTIONABLE TIP
Do you know Perplexity?

Perplexity stands as an invaluable tool for real-time data retrieval and trustworthy information gathering, making it an ideal resource for research and information lookup. In this edition of "Tools We Can't Live Without," we unveil our secret weapon.

Why We Love It:

  • Real-time data retrieval and trustworthy information gathering, always providing the source of its information

  • Excelling in providing specific and accurate responses

  • Enhanced content creation and research capabilities through browsing and integration with GPT-4

These features make Perplexity an indispensable tool for business professionals, particularly for research, information retrieval, and content creation.

ACTIONABLE TIP
Transcribe 2.5 hours of audio in just 98 seconds

Transcribe 2.5 hours of audio in just 98 seconds on your own computer. The new 'insanely-fast-whisper' tool on GitHub is a game-changer. It's designed for Macs and Nvidia GPUs, combining Whisper and Pyannote libraries to speed up transcriptions and speaker segmentation.

To use it, simply:

  1. Install with: pip install insanely-fast-whisper

  2. Run it: insanely-fast-whisper --file-name <YOUR FILE NAME or URL> --batch-size 2 --device-id mps --hf_token <YOUR HF TOKEN>

Fast and efficient transcription is now at your fingertips!

TRAINING
Intro to Large Language Models, by the Director of AI at Tesla

Speaker: Andrej Karpathy
Context: Recently uploaded 1 hour informal talk on his YouTube channel
Focus: Non-technical introduction to large language models (LLMs)

Key topics covered:

  • LLM training and inference

  • Jailbreaking LLMs

  • Fine-tuning techniques

  • The concept of an emerging "LLM OS"

  • LLM security challenges

Takeaway: It is likely one of the best current overviews of LLMs aimed at a general audience, providing an accessible yet comprehensive introduction without requiring technical prerequisites. Karpathy's first-hand expertise on large models adds further value for viewers interested in learning from a leader in the field.

TRAINING
Amazon's Free Courses

Amazon launches "AI Ready," a comprehensive initiative to equip 2 million individuals with free AI skills training by 2025.

The program encompasses eight newly developed free AI courses, a $12 million generative AI scholarship fund, and a strategic partnership with Code.org to expand AI education accessibility

CLick on the image to see the course.

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Thank you, see you next week!

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