Here’s what we got for you today:

• 🎨 Is AI Creativity Really Possible?

• 💰 AI Spend Set to Hit $1.3 Trillion

• 🛠️ 6 new AI Tools, 2 Fresh Prompts, Resources

(Reading Time: 3 minutes)

You remember Margaret Boden, right? She said there are three types of creativity: combinational, exploratory, and transformational.

AI's already dabbling in the first two.

• It can mix ideas together.

• It can explore ideas within the boundaries of existing styles. That's kinda like 'synthetic creativity' if you will.

• But the third type, making something totally new that blows all the old rules away, that's where things get dicey. We don't know yet if AI can do that.

That said, AI's turning out to be a fantastic sidekick for humans. It's like this spark that can ignite our own creativity. And despite all the hype, it's not about to replace us (yet). Remember how everyone thought cameras would put painters out of work?

We still need humans to make sense of what AI churns out. It can sometimes spit out nonsense, and it's up to us to decide what works and what doesn't.

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💰 AI Spend Set to Hit $1.3 Trillion

According to a Bloomberg Intelligence report, generative AI is set for huge growth.

It's projected to jump from $40 billion in 2023 to an amazing $1.3 trillion in annual spending by 2032. Yes, you heard it right, trillion!

That's an annual growth rate of 42% over the decade, and it could make up 12% of global tech spending by 2032. It's not slowing down anytime soon.

But, here's the kicker, the report suggests that it's not the newcomers, the startups that are going to cash in on this boom. Instead, the big guys like Amazon, Microsoft, Google, and Nvidia, they're expected to be leading the charge.

🗞️ QUICK NEWS

• OpenAI is getting sued for being biased with Y Combinator [Link]

• OpenAI's plans according to Sam Altman [Link]

• Stability AI Co-Founder Sued CEO for 10 Percent of the Company [Link]

• The AI will make You an Anime in Real Time just from your smartphone [Link]

• Japan Goes All In on AI. They stated that it will not enforce copyrights on data used for training AI [Link]

🛠️ TRENDING TOOLS

• Audio Pen - An app that converts your voice notes into concisely summarized text. It’s like having a personal assistant who summarizes and types out your thoughts [Tutorial]

• Stockimg - Design and edit logos, banners, Art, Illustrations, and Posters just with text prompts. And discover image prompts.

• CapeChat - Automatic encryption of your documents & redaction of any sensitive data while using ChatGPT. [Demo]

• Mirror Think - AI tool that helps scientists and researchers find answers to their questions about scientific methods, research, papers, and related topics, in minutes.

• Google’s StyleDrop - Text-To-Image Generation that follows a specific style of their choice given only a single style reference image.

• Thumbnail AI - Generate clickable and colorful youtube video thumbnails in just one click. Your thumbnail is the first thing people will see. It has to be perfect, eye-catching, and stunning.

These AI Tools are taken out from our AI Resources Directory website:

💡 FRESH PROMPTS

Equity Financing/loans options

Offer a comprehensive guide to small business financing options, including loans, grants, and equity financing.

Personal career counselor

As a career counselor, help individuals find suitable careers based on skills, interests, and experience. Research job market trends and suggest qualifications. Advise me on <career>

🎓 RESOURCES

• This learning path guides you through a curated collection of content on Generative AI [Link]

• Hacking around ChatGPT’s character limits with the code interpreter [Link]

• 10 Powerful ChatGPT Prompts to boost your Productivity [Link]

• Learn to build your First AI app [Link]

😆 DAILY DOSE OF SMILES

🍿 3 Must-Watch Artificial Intelligence Movies Recommendations for you:

"Time for me to fetch some new stories for you all! Until next time, keep chasing those dreams, just like I chase my tail” 🐶