AI Insight #1: Colorful Journeys with AI
Digital travel platform Agoda has launched ‘Travel in Colours,’ an AI-driven storytelling project that takes travelers on a vibrant journey around the world.
This initiative highlights destinations matching the hues of Agoda’s logo, from Santorini’s blues to the Amazon’s greens.
Using AI technologies like ChatGPT 4.0 and Midjourney AI, Agoda creates hyper-realistic images that capture the spirit of each location.
While these images aren’t always 100% accurate, they’re a playful and inspiring exploration of travel’s joys. Discover these colorful destinations and more at Agoda’s Travel in Colours.
AI Insight #2: Understanding the EU AI Act’s €35.000.000 Penalty
The EU is setting strict rules for AI with its new AI Act. Companies that don’t follow these rules could face big fines, up to €35 million or 7% of their global turnover.
The highest fines are for misusing banned AI applications. There are also smaller fines for giving wrong information or breaking other AI rules.
Interestingly, the law might be gentler on small businesses and startups, so they won’t face as tough penalties as big AI companies. This move aims to ensure responsible AI use across Europe. Learn more about these penalties and their implications at EU’s AI Act Penalties.
AI Insight #3: Three Common AI Myths Debunked
There’s a lot of buzz and worry about AI, but it’s important to separate fact from fiction. Here are three common AI myths:
- 1. Job Loss: People fear AI will take all jobs, but that hasn’t happened. In fact, businesses are looking for more workers, not less.
- 2. Propaganda: Yes, AI can be biased, but it’s also a tool to fight misinformation. It’s about how we use it, not the AI itself.
- 3. AI Domination: Fears of AI ruling over us are exaggerated. We’re working on ways to control AI, so it’s more about using common sense than panic.
These myths often distract us from real AI issues, like avoiding tech monopolies and creating sensible AI laws. To delve deeper into these myths and learn how AI can be adapted in business, check out my video Debunking AI Myths.
Till we meet again next week,
Lars de Rooy
AI Enthousiast & Online Marketer
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