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- AI Drives $1B in App Spending!
AI Drives $1B in App Spending!
Plus, LinkedIn Sued for Using Your Data
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Welcome back, AI Admirers!
Breaking News: AI apps surpassed $1 billion in consumer spending in 2024, showcasing their growing dominance in the tech industry.
Get ready to dive into the latest happenings in AI.
Today’s menu:
AI Apps Hit $1B in Consumer Spending!
LinkedIn Sued for Data Misuse!
OpenAI Deal Criticized by Musk!
AI-Designed Antidote to Cobra Venom!
Using Bing Chat as a productivity tool! [free course]
Latest AI Tools for Productivity!
Today’s Poll and Results!
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Latest Happenings
Consumer spending on AI apps reached over $1 billion in 2024, driven by the growing demand for generative AI technologies.
Key Points:
Consumer Spending: AI apps saw over $1 billion in consumer spending in 2024.
Generative AI: The surge in spending was largely due to the popularity of generative AI models like ChatGPT and Google Gemini.
Time Spent: Users spent nearly 7.7 billion hours on AI apps in 2024.
Downloads: Apps mentioning "AI" were downloaded 17 billion times.
Top Apps: ChatGPT reached 50 million monthly active users.
Why This Matters:
The surge in AI app spending shows their rising importance in daily life, signaling they’re becoming essential tools shaping the future of digital services.
Microsoft's LinkedIn is facing a lawsuit from Premium customers who claim their private messages were disclosed to third parties without permission to train AI models.
Key Points:
Lawsuit Filed: Premium customers filed a class action lawsuit against LinkedIn.
Privacy Setting: LinkedIn introduced a privacy setting last August to let users enable or disable data sharing.
Privacy Policy Update: LinkedIn updated its privacy policy on Sept. 18, 2024, to say data could be used for AI training.
Legal Claims: The lawsuit seeks unspecified damages for breach of contract and violations of California's unfair competition law.
Response: Microsoft has not yet responded to the lawsuit.
Why This Matters:
This lawsuit highlights significant concerns about privacy and data usage in the tech industry. It underscores the importance of transparency and user consent when handling personal information, especially for AI training purposes.
Elon Musk has raised doubts about the financial feasibility of the $500 billion Stargate AI Project announced by President Donald Trump, claiming that key partners like SoftBank don't have the necessary funds.
Key Points:
Project Overview: The Stargate Project aims to invest $500 billion in U.S. AI infrastructure over four years.
Key Partners: OpenAI, Oracle, SoftBank, and MGX.
Initial Investment: $100 billion to be deployed immediately.
Job Creation: Expected to create over 100,000 American jobs.
Musk's Doubts: Musk claims SoftBank has less than $10 billion secured, questioning the project's financial backing.
Government Support: Strong backing from President Trump and other tech giants.
Why This Matters:
The Stargate Project is a massive initiative aimed at boosting U.S. AI infrastructure and creating numerous jobs. Musk's skepticism highlights potential financial challenges that could impact the project's success and credibility.
More AI News
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Daily Poll & Results
Today’s Poll:
Do you think consumer spending on AI apps will continue to grow in 2025? |
Vote today, see the results tomorrow!
Yesterday’s Poll:
Do you agree with Trump's decision to reverse the AI safety order?
A) Yes – It's a positive move - 37%
B) No – It's a negative move - 63%
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