🔎 What’s good today:

• 🔈Build apps using only your voice

• 🦾 “AI this AI that” vibe at YC Combinator Demo Day

• 🚀Staying Ahead in AI game using AI

• ⚓️AI is here to stay.

• 🧑‍🌾If Billionaires were poor

🔥Build Apps & Release Products Using only your Voice

What if we told you that you could create a mobile app with just your voice? No coding skills are required. No Writing Skills as well. Sounds too good to be true, right? Well, not anymore.

When it comes to AI, McKay Wrigley is like lightning in a bottle on Twitter. Wrigley's been known to whip up killer products in record time, like nifty little shortcut that replaces Siri with ChatGPT or his AI code translator that can take any coding language and flip it to another language.

Now Wrigley has outdone himself once again with his latest creation: a GPT-4 based no-code assistant that can start a project, build an entire app, create a GitHub repo, and even deploy it as a workable website. And it's all done only using a voice.

Wrigley is not alone in implementing this feature. Replit has also introduced a similar prompt-based system that delivers instant results to its users. And text to app/website tools like Appypie is already in use.
Although these applications are still in their early stages, they are worth keeping an eye on as they offer a great opportunity to leverage technology and test new products quickly.

😵‍💫 AI Hype Takes Center at YC Demo Day

Did you catch the latest YC Demo Days this year? If you did, you might have noticed that the theme was pretty obvious: “AI can do that, probably! Maybe.” It seems like AI was the buzzword of the year, with over 30% of the 280+ startups working on AI-centered concepts. But let's be honest, there were a lot of uninspired software tooling and empty calorie ideas for enterprise companies that just want to toss some AI at consumers without even considering the purpose.

It's clear that many of these startups are just trying to take a slice of the AI pie, without actually having a clear vision of what they're trying to achieve. Who verifies and audits the results of these AI tools? Who is displaced by these tools? Who trains people on them? These are all valid questions that need to be addressed.

Furthermore, many of these startups claim they've gone live and are already generating revenue, but a few weeks is hardly enough time for a major automation tool to be installed, let alone evaluated for performance and whether it's worth the price tag.

The reality is that we're still at the beginning of this AI innovation stage, and the key difference here is that AI will have straightforward applications in how things are done. While some of the AI ideas are being worked on by people for whom they are important, we can't help but wonder if that's really what's needed.

The ideas will form, and many of these startups will pivot into more promising platforms, as is the case with YC companies. We need to forget about those customer success chatbots and trivial AI Excel monkeys and trust the process. The key to an AI-empowered future lies in pushing what's possible and driving real innovation, not just wrapping stuff in a ChatGPT bow.

To illustrate the point, TechCrunch shared a funny example from Demo Day:
“a generative marketing imagery company in its slide had the following prompt for the system to work with: “Our classic ketchup is made only from sweet, juicy, red ripe tomatoes for the signature thick and rich taste of America's Favorite Ketchup.” The AI's copy? “SWEET & JUICY KETCHUP FOR ALL!” If I was a marketer at Heinz and that was in the demo I was given, I would stand up, thank them for their time and open the door.”

🦾Whether we're ready or not, AI is here to stay

The world of AI is getting wilder than ever before. With the introduction of OpenAI's ChatGPT, billions have been invested in the development and deployment of generative AIs like Google's Bard and Microsoft's Bing chatbots, along with image generators like DALL-E and Midjourney. The right prompts can make them do things that you would have never thought possible. Tech companies are cashing in on this modern-day gold rush, but some are also concerned that the influx of new investment and development into these large language models (LLMs) is creating a generative AI bubble that could burst anytime.

It's no surprise that there is a feeling of déjà vu in the current chatbot trend, with the past booms of the metaverse, blockchain, and cryptocurrencies being the examples. The chatbot trend may follow in their footsteps if not handled correctly. The metaverse platforms, such as Decentraland, are embarrassingly empty, and Disney's metaverse division is already gone.

Sebastian Krügel, the senior researcher of AI ethics at the Technical University Ingolstadt of Applied Sciences, said, "Technological change has always come with challenges." Don't we know it! As a society, we need to keep our eyes peeled and take a critical look at new tech while also recognizing their potential.

But hey, don't get all gloomy from this text. Krügel and his colleagues stay optimistic because they have to. There's no turning back now. We can't just put the genie back in the bottle. We've got ChatGPT and other generative AI like DALL-E already roaming around, and people are loving it, whether we like it or not. And for business owners, it is a must to start looking for ways to incorporate generative AI tools (like the ones below) into everyday processes.

🗂 Billionaires' Bankruptcy

Gokul Pillai, the Indian digital artist, has set Instagram on fire with his art pieces. He's used Midjourney to create jaw-dropping portraits of the world's richest individuals, but with a unique twist. Instead of showcasing their luxurious lifestyles, he's transformed them into ordinary, impoverished people, adding an unexpected element to the mix.

Pillai's masterpieces, aptly named "Slumdog Millionaires," took the internet by storm and sparked a massive following, with thousands of likes and comments flooding in from all over the world.

And that's a wrap. Thanks for reading and see you in the next issue!

Tony