Good morning. Hump day highlights coming your way! Biden and the AI bigwigs are deliberating the future of tech, TikTok travelers are tapping into AI for their dream trips, and Germany's Bild is hitting Ctrl+Alt+Del on editorial staff, replacing journalists with jargon-busting bots. So grab a cuppa joe and let's dive into this wild AI news!

In today’s newsletter:

• 🤖 Biden's AI Summit: Innovation & Regulation on the Scales?

• 🌴 TikTok's AI Vacation Planners: Dream Trips on a Shoestring Budget?

• 📰 Germany's AI Editorial: Bild's Tech Turnover Sparks Redundancy Fears

• 🎥 Vimeo's AI Assistants: Streamlining Video Creation for Novices

• 🎙️ ElevenLabs' $19M Triumph: Debuting Voice Detection Tool for AI Content

• 📝 Parrot AI's $11M Boost: Reshaping Transcription with AI Tech

 NEWS

Biden's AI Pow-Wow: Balancing Innovation and Regulation in the Tech Era

President Biden and some of the brightest minds in tech had a pow-wow this week to talk about our new BFF, AI. As we stand on the edge of the AI era, the big question is: how do we ride this wave without a Terminator nightmare coming to fruition? With some of the smartest folks in the room, the decisions made could change the game for tech policy and legislation.

Why the sudden interest in AI? Well, it's all thanks to some pretty rad tech like the ChatGPT, Midjourney and ElevenLabs. ChatGPT is so good at mimicking human conversation that it's got everyone excited... and a little worried. Sure, it could boost productivity and the economy, but it could also mean job losses and fake news on steroids. The Biden administration is stepping up to the plate to tackle these issues head-on.

The impact of AI on society is huge, and it's got regulators working overtime to do what they do “best”, regulate. They're walking a tightrope, trying to encourage innovation while protecting American jobs and democracy from AI-powered fake news. The decisions they make now could shape American legislation and how we handle AI regulation.

Looking ahead, this meeting could be a turning point for the Biden administration and the future of AI legislation in the US. If they play their cards right, we could see a legal framework that balances innovation and regulation. The dream is a future where AI helps us soar, but our democratic principles, jobs, and society stay safe. That's the balance the Biden administration is aiming for. Let's hope they hit the bullseye

NEWS

TikTok's AI Travel Agents: Planning Your Dream Vacay on a Budget

TikTok users are shaking up the travel game by using artificial intelligence to plan their summer vacays. Forget travel agencies, folks like Madison Rolley (@madisonrolley) are using AI models like ChatGPT to whip up custom-made itineraries on the cheap. Rolley managed to plan a two-week Euro trip for less than a grand, which is a steal considering a flight to Europe usually costs more than that alone!

AI is fully changing the way we plan our travels. TikTokers feed the AI info like where they're flying from, how much they want to spend on food and accommodation, and which cities they want to hit. The AI then spits out a tailor-made itinerary. But not everyone's on board with this techy trend. Some folks called the AI-planned trips "soulless", showing there's a bit of a tug-of-war between the old-school and tech-based ways of travel planning.

This trend isn't just shaking up TikTok, it could change the whole travel industry. AI could push travel agents out of the picture, or it could give them a new tool to up their game. As Jo Larson, a former travel agent turned travel blogger, points out, AI and human travel agents can coexist and even enhance each other's services.

Looking ahead, AI could make travel more affordable and accessible, but it could also take away the human touch that makes travel planning so special - getting to pick what restaurants to eat at, where to stay, and what to do. As tech continues to evolve, we'll have to find a balance between making travel planning easier and keeping the human element that makes our trips so memorable.

RAPID-FIRE AI NEWS

📰 Germany's Bild Tabloid Replaces Editorial Jobs with AI

Germany's biggest-selling newspaper, Bild, is set to replace a variety of editorial roles with artificial intelligence as part of a €100m cost-cutting program. The move, which is expected to lead to hundreds of redundancies, is part of the paper's transition to becoming a "purely digital media company". The roles affected include editors, print production staff, subeditors, proofreaders, and photo editors, marking a significant shift in the landscape of journalism.

🎥 Revolutionizing Video Editing: Vimeo Unveils Trio of AI-Powered Tools

Vimeo, the popular video hosting platform, has introduced a suite of AI-powered tools aimed at simplifying video creation. The new tools, which include a script generator, a built-in teleprompter, and a feature for removing unwanted speech disfluencies, are designed to lower the barrier to entry for novice video creators. The move is part of Vimeo's ongoing commitment to making video creation as accessible and user-friendly as possible.

🎙️ ElevenLabs Raises $19M and Launches AI Voice Detection Tool

ElevenLabs, the AI startup behind a range of voice-cloning technologies, has raised $19 million in venture capital funds. Alongside this funding announcement, the company has also launched a new AI detection tool designed to identify whether an audio sample contains AI-generated content. This move is part of ElevenLabs' commitment to ensuring the safe and responsible use of AI-generated media.

📝 Transforming Transcription: Parrot AI Raises $11M for Speech-to-Text Platform

Parrot, an AI-powered transcription platform, has raised $11 million in a Series A funding round. The platform, which offers speech-to-text depositions for the legal and insurance industry, also unveiled a new feature that can summarize deposition content in seconds. This funding will be used to continue developing AI tools to address industry challenges and improve efficiency in the transcription process.

DV DISCOVER AI TOOLS

• Flair: Professional-level product adcreative and images at a fraction of the cost (link)

• Movie Deep Search: Find any movie by just describing it (link)

• Blobr ChatGPT API Builder: Create and manage ChatGPT plugins from any API (link)

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