TOGETHER WITH GUIDDE
Welcome to AI Tool Report!
Friday’s top story: Meta has partnered with film studio, Blumhouse and three filmmakers, including Casey Affleck, to create short films using Movie Gen, its recently released AI video tool.
🌤️ This Morning on AI Tool Report
🎬 AI Films? Casey Affleck tests Meta’s AI tool
✨ How to create video guides in under an hour with no skills
🚨 OpenAI and Microsoft at war?
🎓 How to stay one step ahead of AI
🍚 How to create healthy, low-calorie recipes using ChatGPT
📢 X users: Data update alert!
👁️ Sam Altman’s bold new shift
Read Time: 5 minutes
FACT OF THE DAY
🤔 According to Forbes, 90% of online content could be generated by AI by the end of next year.
STOCK MARKETS
💥 Taiwan Semiconductor (TSM) stole the headlines during Thursday’s session posting a 9.79% increase on the release of their Q3 earnings. TSM reported a massive increase of 54% in net profit, citing higher sales due to the continued AI boom. In other news, Bank of America analysts have raised NVIDIA’s price target from $165 to $190 for the market-leading chip maker. Learn more.
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FILMS
🎬 Casey Affleck tests Meta’s AI tool
Our Report: Earlier this month, Meta revealed Movie Gen (a suite of AI tools that can generate and edit custom video and audio clips, from text prompts) and, after promising to “work closely with filmmakers and creators to integrate their feedback” before launching it to the public next year, has confirmed it’s been working with Hollywood studio—Blumhouse Productions (behind movies such as ‘The Purge’ and ‘Get Out’)—to test the model and provide them with feedback.
🔑 Key Points:
Blumhouse chose three filmmakers—Aneesh Chaganty, The Spurlock Sisters, and Casey Affleck—to work with Meta’s research team and use Movie Gen to produce three short AI films.
The first of the three films—called i h8 ai—which Chaganty produced, has already been released (it can be viewed on the Movie Gen website), and the other two, from Affleck and the Spurlock Sisters, will be released shortly.
Meta will continue testing it before making it publicly available, as it “needs to have an open dialogue with the creative community about how it can be the most useful tool for creativity and ensure its responsible use.”
🤔 Why you should care: This partnership follows discussions OpenAI had with film executives and studios, in March, about the potential use of its AI video generator, Sora, and also comes after Runway recently inked a deal with film studio, Lionsgate, to allow it to use its film and TV library to train its AI model, which demonstrates that tech leaders are trying to work with the creative community to halt the copyright and consent issues currently surrounding the use of AI, something which Meta has reiterated: “While there’s no replacement for hands-on filmmaking experience, Movie Gen models were able to help them more quickly express their creative ideas and explore visual direction, tone, and mood.”
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TOGETHER WITH GUIDDE
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INTERNAL POLITICS
🚨 OpenAI and Microsoft at war?
Our Report: Although it was once called the most elite “bromance in tech," cracks in the 5-year partnership between OpenAI and Microsoft are, reportedly, starting to show, as OpenAI faces increasing monetary pressures (they’re expected to drop $5B this year), Microsoft fails to provide OpenAI with enough computing power, and a clause in OpenAI’s contract says that if Microsoft (who, let’s not forget, is also OpenAI’s rival) develops Artificial General Intelligence (AGI) before OpenAI, OpenAI will revoke access to its tech.
🔑 Key Points:
Interviews with 19 people, across both companies, reveal that tensions started after Sam Altman, OpenAI’s CEO, was fired (and then re-hired) which apparently “shocked and concerned” Microsoft’s CEO, Satya Nadella.
They continued to increase after Microsoft hired most of the staff from Inflection—a direct OpenAI competitor—with its co-founder, Mustafa Suleyman, working on ways to reduce Microsoft’s reliance on OpenAI tech.
OpenAI engineers are also complaining that Microsoft isn’t giving them enough computing power to develop AGI and believe that if someone else beats them to it, it will be down to Microsoft.
🤔 Why you should care: Although much of this is speculation at this stage—after all, Microsoft did participate in OpenAI’s most recent funding round (the biggest in history)—it does highlight a common challenge for AI startups as they’re often dependent on funding and computing power from the big tech giants like Microsoft and, therefore, find themselves under the thumb, with their hands tied.
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TOGETHER WITH BRILLIANT
AI isn’t magic. It’s math
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PROMPT ENGINEERING
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Friday’s Prompt: How to create healthy, low-calorie recipes using ChatGPT
Type this prompt into ChatGPT:
Results: After typing this prompt, you will get a healthy, vegetarian recipe, for two people, that is 500 calories per serving.
P.S. Use the Prompt Engineer GPT by AI Tool report to 10x your prompts.
ACTIONABLE INSIGHTS
It’s not too late! Join the AI Reports AI Skill Sprint on Skool and master 6 crucial AI skills in just 6 weeks…
Course 6 (Friday,18th October): AI Funnels Made Easy: Flood Your Business With High-Value Customers
✅ What You'll Learn: AI expert and entrepreneur, Justin Hardy, will establish what funnels are, when and why you should use them, how to create them (and use AI to 10x speed up the process), and how to carry out funnel follow-ups.
🫱🏻🫲🏻 Connect with Justin here.
BREAKING NEWS
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DATA PRIVACY
📢 X users: Data update alert!
Elon Musk-owned social media platform, X (formerly known as Twitter), has updated its privacy policy indicating that it will allow third-party “collaborators” to use X data to train their AI models unless users opt-out.
Although X details how user data will be used and how users can opt-out, the new policy will not take effect until November 15th, meaning users are unable to physically opt-out of having their data used for AI training.
It also removed that it keeps “profile information and content” until a user closes their account, replacing it with it keeps “information for different periods of time, depending on how long we need it.”
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BIOMETRICS
👁️ Sam Altman’s bold new shift
Sam Altman's cryptocurrency project, Worldcoin—which scans people’s eyeballs for identity/security—is dropping the “coin” from its name, hinting at a possible expansion beyond its original cryptocurrency mission.
Altman also revealed a next-generation Orb, which is easier to mass produce and captures biometric data, at scale, three times quicker, which he believes people will soon be using to verify themselves, in coffee shops.
He also announced a beta of a World ID credential, which would allow people to use biometric data to verify their identity online, without inputting data, like a passport, although they’ll have to work to gain public trust.
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