AI Training Course Scams Explode Amidst Industry Boom
The growing field of AI has sparked a rise in certification scams.
The burgeoning artificial intelligence (AI) industry has spawned a parallel epidemic: AI training course scams. Preying on the public's eagerness to capitalize on the AI boom, unscrupulous actors are peddling worthless certifications and empty promises. These scams not only drain financial resources but also erode trust in the AI education landscape. It's imperative for aspiring AI professionals to exercise caution, thoroughly research providers, and prioritize quality over quick fixes. Regulatory bodies and industry associations must also step up to protect consumers and maintain the integrity of AI education.
In Today’s Newsletter:
AI Contributing To Recent Job Cuts in Tech Sector
Demand for AI Skills Soars, Boosting Worker Salaries
JP Morgan Chief Plans AI-Driven Job Growth
“Intuit” to Invest in AI While Cutting 10% of Workforce
Highest Paying AI Jobs of 2024 So Far
Nearly Half of All Social Media Content Created by Businesses Will be AI-generated by 2026
Google Partners With MeitY to Train 10,000 Startups in AI
Microsoft Unveils SPREADSHEETLLM for Enhanced Spreadsheet Analysis
This Startup Will Help Monetize Your Content For LLM Training
Amazon Calls for Global Alignment on Responsible AI Policies
China Likely to Ditch National AI Legislation
China Unveils Global AI Governance Guidelines
Tech Giants Accused of Using YouTube Video Material Without Consent to Train AI Models
Is "Hybrid AI" On Smartphones Answer To Privacy Concerns?
Aerospace And Defense Market to grow at a CAGR of 7.9% by 2031
Study Shows AI Boosts Creativity but Reduces Collective Novelty in Storytelling
Exploring Human-Robot Interaction in Crowded Environments…
….plus, “Minds And Machines”, “Top Picks” and more.
Our community "AI For Real" has a new virtual address. This online community has been in existence since 2023, and is across most of the social networks, and then some. It's one of the fastest-growing communities in the world on the topic of AI. Great place to be for all things AI. Job listings, Fun Facts, AI Demystified, AI Trends, AI Events, News...it's a whole new world out there.
Join here.
Join AI For Real Community on WhatsApp.
New Segment
Starting from last week’s newsletter, I’ve introduced “Minds and Machines”, which will feature interviews with experts, scientists, psychologists, philosophers, and what may have you working in the field of artificial intelligence.
- Your story matters. Your innovation matters -
Do you want to be featured in “60 Seconds With AI Founders”? Are you an AI entrepreneur, startup founder, AI product builder, or the head of an AI non-profit? You can get your point of view across to the rest of the world.
Want to feature in this “Minds And Machines” or “ 60 Secs… segment? Contact me.
AI Analyzing AI: A Perilous Precedent?
UK’s Tony Blair Institute's reliance on ChatGPT to analyze the findings of a study on AI's impact on public sector jobs (news report further down this newsletter) raises profound ethical questions. While AI can be a powerful tool for data analysis, using it as the primary architect of a research paper, especially one focused on AI itself, is fraught with risks.
Such an approach bypasses human judgment and expertise, potentially leading to biased, inaccurate, or incomplete findings. The credibility of research hinges on transparency and accountability, which are compromised when AI takes the lead. As we navigate the AI revolution, it's imperative to establish clear guidelines for AI's role in research, ensuring it remains a tool augmenting human intelligence, not replacing it. One also needs to be careful of asking gen-AI to analyze research about AI.
At the same time, gen-AI should not be entirely dismissed in research. It offers immense potential to accelerate data analysis, identify patterns, and generate hypotheses. However, the case of the TBI underscores the critical need for human oversight and judgment.
In such cases, not only should there be a “human in the loop”, but in the interest of transparency, consumers of the report should be made aware of the use of AI upfront. At the same time, researchers and research companies must establish clear ethical frameworks for the use of AI in research.
What do you have to say about this? Write in the “Comments” section.
AI Contributing To Recent Job Cuts in Tech Sector
As of July 12, layoffs in the tech industry have surpassed 100,000 this year, according to a report from Seeking Alpha (SA) on July 14, which referenced data from the Layoffs.fyi tracker.
Source: pymnts.com
Demand for AI Skills Soars, Boosting Worker Salaries
Workers across industries are increasingly seeking artificial intelligence skills as their necessity and value skyrocket. According to a recent report from recruiting software company “Ringover”, AI-skilled workers can earn nearly $25,000 more annually. Many are gaining these skills through AI certifications rather than traditional education. For instance, Coursera’s free courses "AI For Everyone" and "Generative AI for Everyone," offered by DeepLearning.AI, are popular among beginners and take just 5-6 hours to complete, much shorter than a college semester.
On the other hand, the AI boom is also leading to certification scams, the report claimed.
Source: observor.com
JP Morgan Chief Plans AI-Driven Job Growth
JPMorgan's CEO Jamie Dimon has announced plans to add thousands of jobs focused on artificial intelligence over the next few years. In an interview with LinkedIn's Editor in Chief, Dan Roth, Jamie praised AI as a powerful "productivity tool" already influencing the workforce, including at JPMorgan.
Source: LinkedIn
“Intuit” to Invest in AI While Cutting 10% of Workforce
Software company “Intuit” is investing in the future by focusing on AI, but 10% of its staff won't be coming along for the ride. The financial software maker is the latest in a long string of tech companies to announce layoffs. However, CEO Sasan Goodarzi clarified that the 1,800 employees being let go will be quickly replaced by new hires focusing on critical areas, including AI.
Sasan also indicated that Intuit's overall headcount would likely grow over the next year.
"We do not do layoffs to cut costs, and that remains true in this case," he wrote in a memo titled "Investing in the Future," shared on the Intuit blog.
Source: Intuit blog
Highest Paying AI Jobs of 2024 So Far
These 6 jobs are some of the highest paying in artificial intelligence this year. Prompt Engineer is on top of the list.
Source: forbes.com
Keep reading with a 7-day free trial
Subscribe to AI For Real to keep reading this post and get 7 days of free access to the full post archives.