AI Edition - It's AI Time - 82 [05-07-2024]

 AI Edition - It's AI Time - 82

Nvidia CEO Jensen Huang addresses rising competition at shareholder meeting after historic stock surge

Nvidia's CEO Jensen Huang attributes the company's AI chip market dominance, maintaining an over 80% market share despite rising competition, to a decade-old strategic investment. Advocating for Nvidia's AI chips' cost-effectiveness and performance, Huang highlights the firm's transformation into a data center-focused entity and expansion into new markets.

Persona's founders are certain the world can use another humanoid robot

Jerry Pratt, former CTO of Figure, has partnered with Nic Radford, former president and CEO of Nauticus Robotics, Inc., to found Persona AI, a new humanoid robotics firm in early development. Despite a saturated market, Persona aims to attract investors and 10 to 20 founder-level employees with a vision strongly resting on current AI breakthroughs in perception algorithms, onboard electronics, and machine learning. The startup distinguishes itself by choosing headquarters in Houston and Pensacola rather than traditional robotics hubs.

AI is disrupting Customer Support. Salesforce is feeling the pinch

Enterprises shifting IT budgets toward AI proof-of-concept projects challenge customer support software companies like Salesforce and Zendesk. The growing integration of tools like ChatGPT in customer support has increased customer acquisition costs for traditional software providers, extending payback periods. The future investment in customer support software depends on these companies' innovation and the broader macroeconomic environment.

AI Influencers Are Growing Fast But Still Far Behind Their Human Counterparts

Human influencers earn an average of $78K+ per post compared to $1.7K for AI influencers - a 46X earnings gap. Human influencers dominate brand partnerships, with 37% generating income this way versus 8% for AI influencers. Engagement metrics also favor human influencers, who receive an average of 414.8K likes per post, 5.8X more than AI influencers. AI influencers are more likely to promote adult content, with 31% involved in such endorsements compared to 15% of human influencers. AI influencers still struggle to replicate the human touch that drives higher engagement and trust.

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