Welcome to this week’s edition of AI for 30! This week, I would like to share my experience with Otter AI, a tool for taking notes and transcribing calls. We will also examine how new AI technology could impact brokerage operations. Thank you for joining me as we explore the latest innovations that are not only pushing the boundaries of AI but also redefining what's possible in logistics.

On the Agenda This Week:

• Product Spotlight: Otter AI – Capture meeting notes and follow-up items with your AI notetaking assistant.

• Logistics Feature: AI broker, by Fleetworks.

• Weekly Roundup: Your Top AI News Stories over the past week and AI market movement.

• Quote of the week:

Otter AI: Your secret weapon for remembering all the details and action items from that call you were just on.

In today's fast-paced world of endless meetings on various call platforms, you shouldn't have to juggle taking notes in that old notebook or pounding the keyboard while keeping the conversation engaging. You can quickly leverage AI to be your stenographer. Taking notes, summarizing the call, and listing action items - this is where Otter AI comes in.

After using Otter AI for a week, I quickly noticed the impact of having every detail of every discussion at my fingertips. This allows me to focus on what I do best: connecting with clients. Trust me, it’s easily worth the small monthly price tag of $10-$20.

Here are some more details:

• Stay Present: Focus all your attention on the client and the conversation while Otter AI discreetly captures every detail in the background. The AI can sit on Teams, Zoom, or Google Meet calls.

• No Detail Left Behind: Whether it's a complex network requirement or a throwaway comment about a favorite Basketball team, Otter AI catches it all, even screenshots of slides! Wow!

• Share the Wealth: Easily share meeting highlights with your team so everyone's in the loop and ready to support the sales process. Teamwork makes the dream work.

• Custom Solutions on the Fly: With all the info neatly summarized, Otter can craft a personalized follow-up email with action items or even create a proposal if you’re into that.

And because we live in a world where seeing is believing, check out this quick demo video of Otter AI in action:

So, kick back, enjoy your meetings, and let Otter AI handle the details. You can easily recall what was discussed by next week or several months down the road.

Logistics Feature: RoboBroker? Maybe

FleetWorks is leveraging AI for carrier sales, sharing load details, tracking/tracing check calls, and appointment scheduling, a tremendous time-saving innovation. This is the next step in using AI to reduce manual and mundane tasks in a brokerage environment.

In theory, this would allow brokers to concentrate on expanding and improving client interactions. However, vigilance against AI "hallucinations" or inaccuracies is essential, underscoring the need for reliable data training and output verification to maintain the benefits without compromising accuracy and trust for the broker.

According to the company website, FleetWorks AI is designed to streamline logistics management by:

• Automating over a billion annual communications for freight brokers and logistics teams

• Enhancing broker productivity by 15%.

• Reducing operating costs by $5 per load.

• Increasing load tracking accuracy from 75% to 95%

Listen to the live call below and see for yourself.

Weekly Roundup: Top 5 AI News Stories over the past week.

1. Tesla is raising the salaries of its engineers to counteract rival companies, notably Meta, from poaching its top talent, as stated by Elon Musk. This move highlights the intense competition for skilled engineers in the artificial intelligence (AI) sector, with Musk actively recruiting for his AI startup, xAI. The industry's aggressive recruitment tactics have led to unprecedented salary offers, underscoring the high stakes in securing leading AI talent amidst what Musk describes as the fiercest talent war he's ever witnessed. (Source)

2. At a Stanford event, Alphabet CEO Sundar Pichai shared insights into fostering innovation within a large company like Google. He emphasized the paradox where success leads to risk aversion, contrasting with smaller companies that often take significant risks. Pichai reflected on Google's history of taking "weird risks," like Google Glass, and discussed initiatives to promote risk-taking and innovation, such as reviving Google Labs for more experimental projects. He also expressed excitement about Google's AI developments, particularly the multimodality of Google's LLM and its potential to streamline complex workflows. (Source)

3. OpenAI's ChatGPT Enterprise has seen its user base grow to over 600,000 since its debut in August 2023, marking a significant surge in demand for AI in the workplace. This specialized version offers enhanced security, exclusive features, and enterprise-use customization options. The increase in users, from 150,000 in January to over 600,000 by April 2024, underscores the growing integration of AI technologies within corporate environments, driven by the need for improved operational efficiency and advanced analytical capabilities. (Source)

4. Meta is revising its approach to AI-generated and manipulated media by labeling rather than removing such content. Starting next month, "Made with AI" badges will be applied to deepfakes and other AI-generated content to offer transparency without compromising free speech. This shift reflects Meta's adaptation to legal pressures and the evolving landscape of digital content moderation, emphasizing labels and context to inform users rather than outright content removal. (Source)

5. ChatGPT jailbreaks are gaining traction on hacker forums as cybercriminals find new ways to bypass OpenAI’s safety policies. These tactics enable the creation of phishing emails and other harmful content. Microsoft has observed state-sponsored groups from countries like Russia and North Korea utilizing ChatGPT for various malicious activities. OpenAI has tried to curb misuse by enhancing ChatGPT's content restrictions, but the challenge remains significant due to the endless possibilities for crafting manipulative prompts. (Source)