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AI's Expanding Horizon: From Chatbot Comparisons to Job Market Shifts
From Poe's AI Exploration to Pioneering Project Delivery with PDA Task Force
Today's Menu of Must-Read Content
This Week’s Wisdom: Tip of the Week
Tip of the Week
Discover the Best AI Chatbot for Your Needs with Poe
Navigating the world of AI chatbots can be daunting, with each claiming to be the best solution for your needs. That's where Poe comes into the spotlight, offering a seamless platform to explore and compare the capabilities of the leading AI chatbots. Here’s how to embark on this journey:
Start by visiting the Poe website and completing the sign-up process.
Once you're in, navigate to the "Your Bots" section found on the left sidebar.
Browse the extensive list of AI chatbots available and select one that intrigues you.
Enter your query in the text box at the bottom of the screen and anticipate the magic.
Poe is your gateway to experimenting with top-tier AI models, including OpenAI's GPT-4, Google's Gemini Pro, Anthropic's Claude 3, and Meta's Llama 70B, among others.
Through our exploration, we've observed unique strengths among the chatbots: Llama 70B shines with unmatched speed, Gemini Pro excels in fetching the latest news, and GPT-4 impresses with its versatile performance across a wide range of tasks.
Poe generously offers free access to several AI models like Gemini Pro and Claude 3 Sonnet, while access to premium models such as GPT-4 may require a subscription.
This graph displays the year-over-year change in newly listed U.S. job postings, comparing listings in the fields of Artificial Intelligence (AI) and Information Technology (IT). It appears to cover a time span from 2023 to 2024.
For AI jobs, there's a positive trend, indicating a growth in new job listings over the previous year. The graph shows a notable rise with some fluctuations, peaking at a 25% increase before dipping slightly. This suggests a significant surge in demand for AI-related roles within this period.
Conversely, the IT job market shows a negative trend, with a decrease in the number of new listings compared to the year before. The decline is consistent, hovering around a 25-50% reduction throughout the observed timeframe.
Overall, the graph suggests that while the market for AI jobs is expanding, IT job listings are on a decline, signifying a shift in the tech employment landscape favouring AI specialisation
Timeless Words: Quote of the Week
"If you are not embarrassed by the first version of your product, you've launched too late" - Reid Hoffman, Co-founder of LinkedIn.
Big Events Coming Up
Get ready to be at the forefront of project delivery innovation! The Project Data Analytics Task Force (PDA Task Force) is hosting an enlightening event that will showcase their latest endeavours and developments in the realm of project data analytics. This is an exciting opportunity for professionals and enthusiasts alike to witness how data and AI are being leveraged to transform project delivery.
The Task Force, dedicated to advancing data-driven methodologies, is breaking new ground by fostering strong collaborations with government and industry entities. They focus on disseminating knowledge through a repository of case studies and best practices, ensuring that insights and advancements in the field are shared widely.
The Task Force places a high priority on community engagement. With a robust plan for speaking at numerous events, including hackathons, and an emphasis on building a dynamic online presence, they are poised to strengthen their outreach and community connections.
This event is not just a peek into the Task Force’s activities but also an indication of their future trajectory, aiming for sustainability and continuous research and insights through regular updates to their whitepapers and academic collaborations.
To sign up, visit the London Project Data and Analytics Meetup page to learn more about the event and how you can be a part of it. For a deeper understanding of the PDA Task Force's mission and work, explore their official website and consider joining their mission for a transformative impact on project delivery.
What You Need to Know This Week
Microsoft has unveiled Copilot for Finance, a cutting-edge AI tool designed to revolutionise the finance industry. This innovative solution, detailed on Microsoft's official landing page, aims to streamline financial tasks, enhance accuracy, and foster efficiency within financial workflows. According to Microsoft's documentation, Copilot for Finance integrates seamlessly into existing financial systems, offering predictive analytics, automated reporting, and intelligent insights that empower finance professionals to make informed decisions.
As reported by CNBC, this launch marks a significant step towards leveraging AI to address complex challenges in the finance sector, providing professionals with a powerful tool to navigate the intricacies of financial management with unprecedented ease and accuracy.
Bitcoin's recent surge to over $69,000, setting a new all-time high, can be attributed to massive investments from U.S. financial giants and the anticipation of the "halving" event. This event, expected to reduce the rewards for mining new blocks, has historically led to price increases. Combined, these factors underscore the cryptocurrency's volatility and potential for future growth, while also highlighting the significant impact of institutional investments.
Flux Feed: Curating the Latest Industry News
AI in Construction and Project Delivery
Artificial intelligence (AI) innovations are transforming the construction industry by cutting procurement time. AI-powered platforms are improving product selection and quoting, enabling faster response times and better recommendations for projects.
However, the construction industry still faces challenges in embracing AI-driven tools due to fragmentation and information access issues.
BIM, or better information management, has evolved from being solely focused on design to encompass the entire life cycle of construction projects, according to Paul Wilkinson, vice-chair of Nima (formerly UK BIM Alliance). Wilkinson said BIM is often misunderstood as being limited to the design phase, but it actually plays a crucial role in achieving better whole-life outcomes for buildings and infrastructure assets.
The evolution of BIM has led to a shift towards wider information management challenges and the potential for new digital opportunities.
Google is partnering with Malaysian construction company Gamuda to implement AI technologies in the construction and engineering sectors. AI is being used to provide real-time visibility, improve maintenance and safety schedules, optimise energy consumption, and assist in design simulation.
Gamuda has implemented Google Cloud's generative AI capabilities and uses AI-powered conversational agents to extract insights from sensor data generated by tunnelling machines. The partnership aims to transform the traditional construction industry through digital innovation and data-driven approaches.
Artificial Intelligence (AI) is making an impact in the construction industry, but there are still limitations and situations where human workers are necessary for success.
Associated Builders and Contractors (ABC) has released an AI technology guide for contractors in the construction industry. The guide provides an introduction to AI and its potential impact on the industry, covering topics such as machine learning, data analytics, safety, and decision-making.
It also includes definitions of key terms and best practices for implementing AI policies. The guide encourages contractors to consider the productivity benefits of AI and the need for a more digital workforce.
ABC states that while there are still many unknowns about the impact of AI, it can help address worker shortages, complete projects on time, save money, and improve health and safety.
While the potential of AI is recognised, there are still concerns and challenges regarding its practical applications in construction.
Experts from leading contracting and engineering companies discussed the impact and potential of AI in a webinar hosted by On-Site Magazine. AI technology is currently being used to automate tasks, enhance efficiency, improve risk assessment, and optimise project management in the construction sector.
However, there is still a need for education, data security measures, and further development of AI tools in the industry.
Artificial intelligence (AI) is considered a game changer for the real estate industry. However, a survey conducted by JLL Malaysia found that knowledge and understanding of AI among industry professionals is still low.
The potential impact of AI on real estate includes geographical shifts in market growth, altered demand and profitability among different asset types, creation of new assets and product types, emergence of new real estate investment and revenue models, as well as evolution in space functions and design. Despite the benefits, there are challenges to consider, including cyber and data security concerns, the displacement of traditional jobs, and the environmental impact of AI technology.
AI impact on work
IEEE Spectrum's recent article discusses the significant shift in how we interact with AI, moving away from traditional prompt engineering to more advanced and intuitive forms of communication.
Tech News
Elon Musk is suing OpenAI and Sam Altman for breach of contract, according to legal documents. The details of the lawsuit are not yet known.
Huawei is reportedly developing a proprietary AI chip, the Ascend 910B, that could potentially surpass Nvidia's A100 GPU in terms of AI processing capability, according to semiconductor research firm SemiAnalysis. Despite US sanctions, Huawei is forming alliances with local suppliers to enhance its chip operations.
The Ascend 910B has already gained traction in China, with orders from Baidu and iFlytek. However, Huawei still has ground to cover compared to Nvidia's expansive CUDA ecosystem.
OpenAI has added a Read Aloud feature to ChatGPT, allowing users to have their responses read out loud in five different voice options. The feature is available on the web version and mobile apps of ChatGPT and can auto-detect the language being read.
The article discusses the importance of data in training AI models and the potential limitations in the availability of high-quality data. It explores the use of synthetic data and its applications in training AI models, highlighting examples such as AlphaZero and OpenAI's synthetic video model, Sora.
The article suggests that the production of synthetic data could be a key factor in advancing AI research and discusses potential implications for the industry.
OpenAI has disclosed some facts about its relationship with Elon Musk, revealing that they disagreed on funding and the control of the non-profit.
AI company Anthropic has announced its new Claude 3 family of AI models that it claims outperform leading models from Google and OpenAI. The models are multimodal and can understand text and photo inputs, answer more questions, and process more information.
Anthropic says the models will be available on its platform and API, with deployment options for chatbots, auto-completion, and data extraction tasks. The models also show improved performance compared to previous versions, with faster response times and better reasoning abilities.
Anthropic trained the models using a mix of internal and third-party datasets.
AI in Other Industries
Adobe has unveiled Project Music GenAI Control, a platform that uses artificial intelligence to generate music from text descriptions or reference melodies. Users can customise the audio by adjusting factors such as tempo, intensity and structure.
The tool, developed in collaboration with researchers at the University of California and Carnegie Mellon, is still in the research stage and does not yet have a user interface. The rapid proliferation of AI-created music has raised legal and ethical questions around copyright and ownership.
Here is the latest Linked In Newsletter
Enchantment Under the AI: GPT of the Week
The GPT BIM Assistant, created by Diana Cristiana Balasa, is designed to support professionals with tasks related to Building Information Modeling (BIM). It helps in various areas including conversation starters, information models, CDE setup, API assistance, coding, and features capabilities in data analysis, browsing, and generating DALL·E images. This tool aims to enhance productivity and provide specialized support in the BIM field, addressing over 60 conversation topics to streamline work-related tasks.
The Almanac of AI: New Tools in the Tech Time Machine
WriteHuman AI Detector: A cutting-edge tool designed to help users identify whether text was written by an AI. This can be especially useful for distinguishing between human and AI-generated content, ensuring authenticity and originality. Discover more about it at WriteHuman AI Detector.
Canva: An intuitive, user-friendly graphic design tool that allows both beginners and professionals to create stunning visual content. From social media graphics to presentations, Canva offers a wide range of templates and design elements. Explore its features at Canva.
Literary Time Machine: Book of the Week
"Applying Artificial Intelligence – The Practitioner’s Handbook" by Dan Rose Johansen is a hands-on guide aimed at organisations wishing to implement AI to enhance their operations. It combines theoretical insights with practical applications, enabling readers to begin applying AI within a week, irrespective of their background. The book is particularly tailored for businesses, government bodies, and NGOs, providing a straightforward methodology for solving real-world problems through AI. For more details and to purchase, visit the Amazon UK page.
Podcasts: Must-Subscribe List
Discover the fascinating world of tech and AI with two must-listen podcasts. Dive into "Making Meta with Andrew 'Boz' Bosworth, CTO" on Lenny's Podcast, where Meta's technological advancements and strategic visions are brought to the forefront. Explore it here.
Then, broaden your understanding of artificial intelligence's impact across sectors with the Perplexity AI Podcast, offering deep insights into AI's evolving role. Check it out here. These podcasts provide invaluable perspectives for anyone keen on technology's cutting-edge trends.
Meet Project Flux: About Us
At Project Flux, we're committed to pioneering the future of construction and project delivery through the lens of cutting-edge Artificial Intelligence insights. Our vision is to be at the forefront of integrating AI into the fabric of project delivery, transforming how projects are conceptualised, planned, and executed.
About James Garner James Garner, the Senior Director at Gleeds and Global Head of Data, Insights & Analytics, is the driving force behind Project Flux. With his extensive experience in the field and a track record recognised by Data IQ 100 in 2023, James combines his expertise in data and project delivery with a passion for AI in project delivery.
Our Mission Project Flux aims to not only inform and educate but also to inspire professionals in the construction industry to embrace the transformative potential of AI. We believe in the power of AI to revolutionise project delivery, making it more efficient, predictive, and adaptable to the dynamic demands of the modern world.
What We Offer Through our insightful newsletters, curated content on LinkedIn, and engaging discussions, Project Flux serves as a resource for professionals seeking to stay ahead in their field. We offer a blend of practical advice, thought leadership, and the latest developments in AI and construction technology.
Connect with us on LinkedIn and subscribe to our newsletter for regular updates. Together, let's shape the future of construction and project delivery!