The Future Tech Newsletter By WSC

First One! (Pardon the dust)

Welcome Futurists and Innovators! I'm thrilled to present you our firsts of ongoing content around future technologies. In each issue, we'll cut through the hype to bring you clear, actionable insights on the innovations shaping our future. But not limited to AI News, emerging news, & even updates from WSC. Our mission is simple: Education and Value. Keeping you ahead of the curve in an ever-evolving tech landscape.

Let's explore tomorrow, today.

WSC Exclusive

Will & Eze @ 1871

FT exclusive interviews and events, from quantum computing to AI-powered inventions and fractional leadership insights. Don't miss out on Tech Week Chicago, XL Fest for minority storytelling, and more - check out the details and RSVP links below!

  • Quantum Leap - We have a conversation with Eze Burts, Director Of Duality about the future of Quantum.

  • Invent Smarter - William Speaks to Chicago Inventors about using AI to start your invention and what tools to start with. Part 2 Talk about legal protection using AI

  • Fractional Aide - An In-Person conversation at 1871 with William ƒCTO and other fractional leaders. If in the Chicago Area, RSVP Here

  • Tech Week Chicago is upon us and we look forward to seeing you!

  • XL Fest - Join me in Chicago for XL Fest, a film festival and creatives summit to promote minority storytelling. Reserve your tickets here.

Tech TL;DR

Interesting Tech

Now for the world of tech and AI where breakthroughs, controversies and game-changing moves by tech giants that lay the groundwork for our digital landscape.

  • OpenAI's Internal AI Details Stolen in 2023 Breach, NYT Reports. The AI giant's internal details were compromised, raising alarming questions about data security in the AI world.
    (Which could pose a major security concern for a leading AI company)

  • Apple Introduces 'Apple Intelligence,' New OpenAI Partnership as AI Takes Center Stage. The tech titan finally unveils its AI strategy, but is it too late to the game?

  • Nvidia's Ascent to Most Valuable Company Has Echoes of Dot-Com Boom. As AI fever grips Wall Street, some see eerie parallels to the dot-com boom.

  • FTC Opens Antitrust Probe of Microsoft AI Deal (Good Luck!)The antitrust probe could reshape the landscape of AI partnerships and competition.

  • AMD Unveils Latest AI Chips, Accelerated Chip Update Timeline

  • AI Employees Fear They Aren't Free to Voice Their Concerns

  • YouTube Now Lets You Request Removal of AI-Generated Content That Simulates Your Face or Voice. Is your face or voice being used without your consent? YouTube's new tool lets you fight back against AI impersonations.

AI Mastery Hub

Prompt Guide - Using ChatGPT to Create Your Idea

In this edition, we’re going to use ChatGPT to conceptualize our idea of an electric motor bike called a Z-Bike. As I was thinking this through, I knew I wanted an innovative design that combined sustainability, safety, and cutting-edge technology.

Initial Concept Development

I began by outlining the core features of the Z-bike: battery and solar power, early collision detection, modular parts, ergonomic design, ID lock, and GPS theft prevention.

Leveraging AI for Comprehensive Planning

To flesh out the concept, I prompted the AI with my initial ideas and asked for assistance in considering crucial aspects such as manufacturing costs, assembly, profit margins, marketing strategies, target audience identification, and legal compliances.

AI-Generated Insights

The AI provided valuable insights across multiple areas:

  • Manufacturing & Cost: between $750-$1,050 per unit; retail price is set at $2,000-$2,500.

  • Legal and Compliance: Secure patents, obtain safety certifications (UL, CE), and adhere to environmental regulations for battery disposal and recycling.

  • Target Audience: Focus on active professionals, urban dwellers, tech enthusiasts, health-conscious individuals, and environmentally conscious consumers.

  • Marketing Strategy: Utilize social media, influencers, content marketing, email campaigns, and early bird offers; host a launch event and create a referral program.

  • Customer Engagement: Provide excellent customer support, build an online community for owners, and maintain a feedback loop

Finished Product

Human Expertise + AI Assistance:

While the AI provided a wealth of information and ideas, I used my own expertise and judgment to evaluate and integrate these suggestions into a cohesive concept and business plan. By combining my original ideas with the AI's insights, I was able to develop a well-rounded concept for the Z-bike, considering not just the product features but also the business and market aspects crucial for success.

This collaborative process with AI allowed me to rapidly explore various facets of product development and business planning, providing a solid foundation for the Z-bike concept. The AI served as a brainstorming partner and information source, enabling me to consider angles I might have overlooked and to develop a more comprehensive strategy for bringing the Z-bike to market.

Prompt: Help me generate an idea for my invention named Z-Bike. It's an e-bike that runs on battery and solar energy. It has features such as early collision detection, modular parts, comfortable riding, ID lock and GPS to prevent theft. 

Help me think through common questions such as weight, how to manufacture and cost, price to sell, any legal documents I'll need to be aware of, some concerns of inventing this.

Generate also a marketing plan to get this into as many active professionals as possible. Help me think of my target audience and who would benefit from this. Then how would I market to them.

The AI Toolbox - Increase Productivity with These

  • Otter.ai: ContentAI-powered speech-to-text transcription and note-taking tool. Integrates with Video Conferencing platforms list Zoom, Teams, Meet, etc. Record session and export transcribe

  • Jasper AI: Versatile AI writing tool that offers long-form content creation and Integrates with other tools like Grammarly and Copyscape.

  • Poe: (by Quora) Chatbot platform that provides access to multiple AI models. Allows users to create and share custom bots. Free with basic features but have paid for advanced. Access Via Browser and Mobile App

    • Magai: is a great alternative that allows you to take the above features and expound with chat history search and comparison, prompt saving and more.

Future Tech Book - Excerpt

The Future Of Computing — Chapter 5 pg. 29

Quantum computing promises a leap in computational power akin to upgrading from a 92 Toyota Camry to a Formula 1 race car - and even more transformative. Tech giants like IBM, Google and Microsoft are investing heavily in this field because quantum computers could efficiently solve complex problems that are currently intractable for classical computers. This breakthrough technology has the potential to revolutionize industries ranging from drug discovery to financial modeling. Personally I’m very excited how far IBM has pushed the needle in development within this space.

What is Quantum Computing?
At its core, quantum computing harnesses the strange principles of quantum mechanics. Instead of classical bits (0s and 1s), quantum computers use quantum bits or "qubits." These qubits can exist in multiple states simultaneously, allowing for unprecedented computational power.

Why It Matters:

  1. Problem-Solving: Quantum computers could revolutionize fields like drug discovery and financial modeling.

  2. Cryptography: They may break current encryption methods, driving the need for quantum-resistant security.

  3. Scientific Simulations: We could gain deeper insights into molecular processes, potentially leading to breakthroughs in materials science and medicine.

  4. AI Enhancement: Quantum computing could supercharge machine learning, leading to more advanced AI systems such as AGI and ASI.

We’re looking at a 10-Year Quantum Roadmap plan from now till commercialization. I recently spoke with the Director of Duality, a quantum accelerator at the University of Chicago's Polsky Center. This program is at the forefront of turning quantum research into real-world applications. [Learn more about our conversation here].

*Also if you haven’t purchased Future Tech yet, it’s available here!

AI Word Of The Day

Retrieval Augmented Generation (RAG) | Noun — RAG is an AI technique that enhances language models by retrieving relevant information from external sources before generating a response. It combines the power of large language models with the ability to access and utilize up-to-date, specific information.

Use Cases:

  • Chatbots and virtual assistants that provide accurate, current information

  • Content creation tools that can generate articles with factual, cited information

  • Question-answering systems in academic or research environments

  • Customer support systems that can pull from company knowledge bases

  • Legal or medical AI assistants that need to reference specific documents or cases

Recent News:

Google Inc. recently announced the integration of RAG into their PaLM API, allowing developers to build more accurate and information-rich AI applications. Meanwhile, OpenAI has been exploring ways to implement RAG-like features in GPT models to reduce hallucinations and improve factual accuracy.

Why It Matters:

RAG represents a significant step in making AI systems more reliable and informative. By grounding AI responses in retrievable data, RAG helps bridge the gap between the vast knowledge of language models and the need for current, verifiable information. As AI continues to be integrated into various industries, RAG plays a crucial role in developing trustworthy and effective AI solutions.

Prompt Of The Day

5 Day Japan Trip Itinerary - Who Doesn’t like Japan right?

Initial Prompt:
"Create a 5-day travel itinerary for Tokyo, Japan. Include must-see attractions, popular local cuisine, and unique experiences. Assume the traveler is interested in technology, pop culture, anime, ramen, sushi, and traditional Japanese culture."

Follow-up Prompt:
"For each day of the itinerary, suggest one tech-related activity or location that aligns with the 'Future Tech' theme of the newsletter."

*Make changes as necessary

Stay Learning,

William Smith
Future Tech Navigator (EiC)
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Till Next Time ✌️🦾🤖

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