Welcome to AI Tool Report!

Thursday’s top story: Zoom will shortly enable users to create realistic, AI-generated avatars of themselves, with the end goal for them to replace people in meetings. 

🌤️ This Morning on AI Tool Report

1. 💡 Zoom’s AI avatars to replace people in meetings?

2. 💼 How to become an AI Consultant

3. ✂️ Faster parcel delivery with Amazon’s AI

4. ⚡ How to unlock new ways to 10X growth

5. 🧑‍💼 How to analyze a business strategy using ChatGPT

6. 🌍 More global offices for OpenAI

7. 🍔 JustEat’s ads get smarter

Read Time: 5 minutes

FACT OF THE DAY

🤔 Research shows that people trust female voices more than male voices, which is why many AI systems—like Alexa and Siri—use female voices.

STOCK MARKETS

🪁 Stocks soared with the S&P 500 smashing all-time highs, the Dow Jones Index marking a record close and the Nasdaq reaching mid-July levels. This move was fuelled by the release of the latest FOMC meeting minutes which investors interpreted as very bullish. The out-performer of the day was Palantir Technologies (PLTR) which is currently up 160% year to date driven by the AI boom. Learn more.

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DIGITAL CLONES

💡 Zoom’s AI avatars to replace people in meetings? 

Our Report: During its annual developer conference, Zoom announced it’s developing a feature that will allow users to create custom, AI-animated, photorealistic avatars of themselves that they can use to send messages to their work colleagues (and possibly, in the future, even use to attend meetings).

🔑 Key Points:

• To create their digital avatar, users will record a video of themselves talking, which Zoom’s AI will translate into a digital clone—complete with a head, arms, and shoulders—that mirrors their appearance and voice.

• They then write what they want their digital clone to say, and Zoom will generate audio—using their video clip—that syncs with the avatar's lip movements, allowing them to send video updates to teammates.  

• The avatars—which will be available early next year—should facilitate “asynchronous” chat among teams, and Zoom’s end goal is to allow employees to send their “digital twin” to meetings in their place.

🤔 Why you should care: Although this is an exciting development for Zoom, the feature has raised concerns over the potential to create deepfakes to spread misinformation, which is something that although Zoom has loosely addressed—reassuring users that it will implement “numerous safeguards” like “advanced authentication and watermarking,”—others in the AI cloning space, have stronger safety measures in place, for example, AI start-up Tavus (which enables users to create virtual personas for personalized video ads), requires users to give verbal consent and Microsoft (which launched a service that creates digital replicas of people) asks for written permission and consent from users before they use the service.

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TOGETHER WITH INNOVATING WITH AI

💼 Want to become an AI Consultant?

The AI consulting market is about to grow by a factor of 8X – from $6.9B now, to $ 54.7B in 2032.

But how does an AI enthusiast become an AI consultant?

How well you answer that question makes the difference between just “having AI ideas” and being handsomely compensated for your contribution to an organization’s AI transformation.

Thankfully, you don’t have to go it alone – our friends at Innovating with AI just welcomed 200 new students into The AI Consultancy Project, their new program that trains you to build a business as an AI consultant.

Some of the highlights current students are excited about:

• The tools and frameworks to find clients and deliver top-notch services

• A 6-month plan to build a 6-figure AI consulting business

• Students getting their first AI client in as little as 3 days

And, as an AI Tool Report reader, you get early access to the next enrollment cycle.

1. Guidde is for creating video documentation 11x faster, saving you time and effort ⭐⭐⭐⭐⭐ / 5 (G2)

2. Kin is a personalized AI coach for guidance and support

3. Fineshare is an AI voice cloning tool

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DISTRIBUTION

✂️ Faster parcel delivery with Amazon’s AI

Our Report: Amazon has developed a package retrieval system—called Vision-Assisted Package Retrieval (VAPR)—that uses computer vision, AI, and spotlights to help drivers instantly find the packages they need to deliver at each stop, shaving seconds of each package delivery.

🔑 Key Points:

• When the delivery van—fitted with automotive light projectors—arrives at a location, the VAPR system will shine a green O onto the packages meant for that delivery and a red X on all other packages.

• To identify the right packages, VAPR uses the same Amazon Robotics Identification (AR-ID) system that’s deployed in Amazon warehouses, which shines a light on items pickers need to put into delivery bins.

• Although VAPR will be installed into 1,000 EV trucks by early 2025, Amazon has been refining the technology for 4 years, as they faced multiple delivery environment issues like space constraints and variable lighting.

🤔 Why you should care: Amazon built VAPR to stop drivers rooting around in the back of their vans, reading labels, and trying to find the right parcel each time, which will shorten delivery times, and early pilot tests are proving this is the case: VAPR has decreased the delivery time from between 2-5 minutes per stop to just under 1 minute, saving around 30 minutes per route, which means Amazon can significantly increase the number of deliveries each worker makes in a shift.

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TOGETHER WITH OSUM

⚡️ Supercharge Your Market Research With AI

Using up-to-date customer insights can result in higher quality leads and contribute to 175% growth in sales with 72% faster lead conversion…

However, market research projects can easily cost $$$$ and take weeks to complete…

Osum helps you perform deep market research in seconds to identify untapped growth potential...

Simply copy-paste any URL to instantly access detailed industry insights, competitive analysis, targeted customer personas, sales prospect insights, actionable growth opportunities, and more for any product or business...

Stay ahead of your competition and discover new ways to unlock 10X growth.

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Thursday’s Prompt: How to analyze a business strategy using ChatGPT

Type this prompt into ChatGPT:

Results: After typing this prompt, you will get an analysis of the risks and opportunities with your business strategy.

P.S. Use the Prompt Engineer GPT by AI Tool report to 10x your prompts.

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 5 (Thursday, 10th October): Boosting Productivity and Growth with AI Agents

✅ What You'll Learn: Jake George, founder of Synthoria Labs—which specializes in combining AI and automation to replace manual work with efficient, automated workflows—will take you through the various AI agents you can use to automate day-to-day tasks like managing emails, finding leads, analyzing content, and logging invoices to boost productivity and ROI.

🫱🏻‍🫲🏻 Connect with Jake George on LinkedIn

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EXPANSION

🌍 More global offices for OpenAI

• OpenAI will open new offices in Singapore, Paris, and Brussels (alongside new native-country offices in New York, and Seattle) to facilitate global expansion, especially across Europe and Asia.

• It’s chosen Paris as a location as it's a hotbed for AI talent and start-ups, and Brussels as it’s the de facto capital of the EU and, more importantly, is a leader in AI regulation, which it could benefit from.

• Having already launched an office in Tokyo, OpenAI is serious about growing its presence in Asia, and has chosen Singapore as a location as “Singaporeans are the highest per-capita users of ChatGPT worldwide.” 

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ADS

🍔 JustEat’s ads get smarter

• Global, online food delivery company, JustEat, is partnering with Rokt—which uses AI and ML to create more relevant shopping experiences for customers—to use its technology to improve JustEats post-purchase ads.

• Rokt’s technology will enable advertisers within the Rokt network to deliver personalized ads to JustEat’s 82M customers while they confirm or track their takeaway food orders on JustEat’s platforms.

• Rokts network will leverage Rokts tech and first-party data to create more personalized, relevant ads that will resonate with customers at a time and place where they are highly engaged and most likely to convert.

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Until next time, Martin & Liam.

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