- Sep 6, 2024
- 4 min read
Hello, AI Enthusiasts.
Cheers to Friday night! 🌙
As you kick off your weekend, check out this edition's featured podcast. It dives into key trends shaping the future of AI in associations, including strategies for leveraging existing assets, the drop in AI token costs, and generational differences in adoption.
Plus, explore TIME’s AI 100 Most Influential List for 2024 to see who made the cut and how they were selected, and discover how Google’s new AI feature enhances photo searches.
Have a fantastic weekend and enjoy these insights! 🎉
Here's another crazy day in AI:
AI Insights: Effective Asset Use, Declining Costs, and Generational Impact
Inside TIME’s AI 100 Most Influential List for 2024
Google launches AI-powered Ask Photos in the US
Some AI tools to try out
TODAY'S FEATURED ITEM: Key AI Aspects: Data, Costs, Generational Insights
Image Credit: Wowza | Canva mockups + Screenshot from Sidecar Sync Podcast Ep. 46
Is your organization ready to tap into AI’s full potential?
In the latest episode of Sidecar Sync, hosts Amith Nagarajan, Chairman of Blue Cypress, and Mallory Mejias, Manager at Sidecar, dive into the transformative power of artificial intelligence in associations. Throughout the episode, Amith and Mallory explore three key areas that will shape the future of AI in associations: leveraging your existing asset base, the rapidly declining costs of AI tokens, and the generational differences in AI adoption. It's a fascinating look at how this cutting-edge technology is becoming more accessible and impactful than ever before.
Important points from the discussion:
Transforming Association Assets:
Associations can convert their unique data and content into innovative, technology-driven services.
Example: Creating dynamic, interactive benchmarking reports offering personalized insights.
This approach can lead to new revenue streams and enhanced member value.
Decreasing Costs of Advanced Computation:
The cost of processing power for advanced technologies has dropped significantly, making sophisticated tools more accessible.
This reduction is driven by competition, hardware innovations, and semiconductor advancements.
Lower costs enable more complex applications across various industries, including associations.
Generational Divide in Technology Adoption:
Younger professionals are more likely to embrace new technologies in their work.
Many older workers are hesitant to adopt emerging tools, potentially hindering organizational progress.
This gap presents challenges for associations implementing new technology strategies and highlights the need for comprehensive training programs.
The Future of Associations:
Emerging technologies are becoming essential tools, not just passing trends.
Leaders must prioritize technological literacy to stay competitive.
Multi-faceted and hybrid approaches are emerging as powerful tools for problem-solving in the association world.
As highlighted in this episode, AI is far more than just a trend—it’s a crucial element for future success. The discussion emphasizes the need for AI literacy and innovative thinking, helping associations stay ahead and provide exceptional value to their members.
In a rapidly evolving technological landscape, effectively leveraging AI can give your organization a significant edge. By exploring AI's potential, associations can open up new revenue streams, improve member engagement, and optimize operations. Understanding and addressing generational differences in AI adoption is also essential for fostering a more inclusive approach to technology.
Reflect on how the insights from this episode can be applied to your organization. With strategic use of AI and a commitment to embracing new technologies, your association can excel in this exciting era of innovation. Embrace the possibilities and make AI a powerful ally in your journey toward growth and excellence.
Catch the podcast on YouTube here.
OTHER INTERESTING AI HIGHLIGHTS:
Inside TIME’s AI 100 Most Influential List for 2024
/Sam Jacobs, Editor in Chief at TIME
TIME’s second edition of the TIME100 AI highlights 100 individuals shaping the future of artificial intelligence. From Sundar Pichai's transformative work at Google to Meredith Whittaker's advocacy for privacy at Signal, the list includes diverse voices and perspectives. With notable additions such as Francesca Mani and Andrew Yao, this year’s selection reflects the rapid evolution of AI and its impact on various industries. The article also touches on the recent upheaval at OpenAI and the growing influence of major tech companies in AI advancements.
The 100 Most Influential People in AI 2024.
Read more here.
Google launches AI-powered Ask Photos in the US
/Sarah Perez, Consumer News Editor at TechCrunch
Google Photos introduces its new AI-powered "Ask Photos" feature, enabling users to search their photo libraries with natural language queries. Leveraging Google’s Gemini AI, this tool allows for complex searches based on photo content and metadata, such as asking for the best photos from National Parks or identifying birthday themes. Initially available to select U.S. users, it promises enhanced photo retrieval and contextual answers, all while adhering to Google’s AI Principles for privacy and security.
Read more here.
SOME AI TOOLS TO TRY OUT:
That’s a wrap on today’s Almost Daily craziness.
Catch us almost every day—almost! 😉
Leveraging AI for Enhanced Content: As part of our commitment to exploring new technologies, we used AI to help curate and refine our newsletters. This enriches our content and keeps us at the forefront of digital innovation, ensuring you stay informed with the latest trends and developments.
