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AI is not a threat to human jobs. It’s a catalyst for growth and innovation

Welcome to Your Daily Dose of AI and Fintech Insights!

1. Chuck's Big Meeting with Zuck and Elon

Chuck Schumer is planning to hold an AI summit with tech CEOs, including Elon Musk, Mark Zuckerberg, and Sundar Pichai. The summit is expected to focus on the potential risks and benefits of AI, as well as the need for federal regulation.
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2. Open AI: Teaching with AI

Open AI is releasing a guide for teachers using ChatGPT in their classroom—including suggested prompts, an explanation of how ChatGPT works and its limitations, the efficacy of AI detectors, and bias.
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3. China AI Chatbot Review: Baidu Ernie Bot, SenseChat, and More

China has approved the first batch of AI chatbots for the public. China is a major player in the development of AI chatbots. Some of the leading Chinese AI chatbots include Baidu Ernie Bot, a chatbot developed by Baidu. It is known for its ability to generate human-quality text.
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4. AI is not a threat to human jobs. It’s a catalyst for growth and innovation

AI is a powerful tool that can be used to improve our lives. It is important to embrace AI and use it to our advantage, rather than fearing it.
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5. Dell Shares Reach Record High on Demand for AI Products

Dell Technologies Inc. (DELL) reported better-than-expected second-quarter results and raised its full-year financial forecasts, citing strong demand for its products and services, including artificial intelligence (AI). The company's shares rose 22.2% to $68.75 on Friday, hitting an all-time high.
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