June 2024 Generative AI Insights

Welcome to the June edition of our newsletter, where we delve into the latest and most significant advancements in Generative AI. This month, we explore significant advancements and discussions in the field of generative AI. Highlights include MSNBC’s analysis of generative AI booming, predictions of job displacement by generative AI, and insights from ex Cisco CEO on the rapid impact of generative AI on startups. We also feature contrasting roles of Data Scientists and AI Engineers, Y Combinator’s focus on generative AI, and AI Accelera’s emergence as a leading global generative AI bootcamp. Additionally, we offer insights into job opportunities in generative AI and updates from our own online bootcamp. 

Engage with our content to stay informed and equipped in the dynamic landscape of artificial intelligence.

Video: The generative AI market is in the second year of a 3-5 year deployment cycle (MSNBC).

In this video, analyst Vivek Ariev discusses NVIDIA’s remarkable market performance and future prospects. NVIDIA recently became the most valuable company by market capitalization, driven by the booming generative AI market, which is in the early stages of a significant growth cycle. Demand for generative AI hardware is expected to triple, with substantial capital expenditures from major tech companies. Ariev emphasizes that generative AI technology is transformative, likening its impact to the discovery of fire.

View the full video here.

Video: About 50% Of Jobs Will Be Displaced By AI Within 3 Years (Fortune Magazine).

In this video, the CEO of the generative AI startup 01.AI discusses the transformative impact of generative AI, describing it as the biggest breakthrough for humanity, potentially surpassing human capabilities but lacking emotions like empathy and compassion. He contrasts the innovation-driven US approach with China’s execution-focused strategy, emphasizing the significant economic and social implications, including potential job displacement and wealth creation. Lee advocates for the integration of generative AI tools in education, asserting that using generative AI is not cheating but essential preparation for future work. He concludes by stressing the importance of uniquely human traits like emotional intelligence and trust in the generative AI-dominated future.

View the full video here.

Video: John Chambers (ex CEO Cisco Systems) On Startups In The Age Of Generative A.I.

In this video, John Chambers, former CEO of Cisco, discusses the transformative potential of generative AI, comparing its impact to that of the internet and cloud technologies combined. He highlights the rapid pace of change generative AI brings, noting that startups now achieve milestones in months that used to take years. Chambers also emphasizes the importance of agility and collaboration, particularly between the US and India, predicting that AI will drive significant economic growth and job creation. He sees immense potential in generative AI’s application across industries, including healthcare and cybersecurity, and believes the partnership between the US and India can lead to unprecedented innovation and economic development.

View the full video here.

Video: Data Scientist vs. AI Engineer (IBM Technologies).

In this video, Isaac Ke, a former data scientist turned AI engineer at IBM, explains the distinctions between data scientists and AI engineers, particularly in the context of generative AI. Data scientists are described as data storytellers who use descriptive and predictive analytics to interpret and forecast data trends, primarily working with structured data and a variety of machine learning models. In contrast, AI engineers are AI system builders who focus on prescriptive and generative use cases, utilizing unstructured data and foundation models that require significant computational resources and training time. Despite these differences, both roles overlap and are rapidly evolving with new research and technological advancements.

View the full video here.

Video: How the top Startup Incubator of Silicon Valley fosters Generative AI Innovation.

In this video, Gary Tan, President and CEO of Y Combinator, discusses his journey from entrepreneur to investor and highlights the evolution and impact of Y Combinator on the tech startup ecosystem. He emphasizes the shift towards generative AI, with a significant portion of YC startups now focused on generative AI technologies, and the importance of technical expertise and customer focus for founders.

View the full video here.

Article: AI Accelera Emerges as the Leading Generative AI Online Bootcamp Globally.

AI Accelera has established itself as the foremost online bootcamp for Generative AI, attracting over 8,500 students globally. The program translates a 400-hour master’s course into an intensive online format, providing a comprehensive curriculum that includes foundational AI concepts and practical application in creating advanced LLM applications. Students gain hands-on experience in programming, deploying applications, and managing databases, supported by extensive learning materials, practical projects, and expert mentorship. With its depth of content and focus on real-world skills, AI Accelera prepares students for significant roles in AI-driven industries, positioning it as the leading bootcamp for those seeking to enter or advance in the field of artificial intelligence.

Link to the article.

Generative AI Job and Freelance Opportunities

The demand for talent in Generative AI is surging. We’ve compiled the top 20 job and freelance opportunities in the field, with a focus on positions available in San Francisco. For those looking beyond, our search tool can help you find the perfect opportunity in your preferred geographic area.

Exciting Updates from Our Generative AI Bootcamp

Our Online Bootcamp on Generative AI and LLM Applications continues to evolve, with recent updates enriching the curriculum:

– 20 new lessons on “Second Generation LangChain” and LCEL in depth.

With more than 8.500 students from more than 100 countries around the world, our Bootcamp on Generative AI and LLM Applications is consolidating as the best in the world in its field.

Students of the bootcamp have the opportunity to become part of our Alumni Network and receive job offers, consulting projects, and startup opportunities.

How to Apply Generative AI in Your Business Today: Express Consulting for Executives and Companies.

Do you want to use Generative Artificial Intelligence in your company but don’t know where to start? We have the perfect solution for you. More information.

Stay tuned for more updates and insights in our next newsletter. As the landscape of Generative AI continues to transform, we remain committed to providing you with the most current and impactful information to navigate this dynamic field.