Generative AI will be worth $100 million by 2028

Hey AI Geniuses,

New week brings exciting news and tools in the AI and SaaS worlds.

OpenAI's GPT store is now live and ready for exploration. A recent study estimates that the generative AI market could reach a staggering $100 billion by 2028. Crazy numbers, right?

In other news, we delve into how OpenAI and Microsoft might face legal challenges in the EU. Volkswagen is integrating ChatGPT into its cars, and we also spotlight the biggest trends from this year’s CES.

As always, we've reviewed five innovative tools to enhance your AI journey. This week, we cover workforce performance tools, a new app for performance speakers, and a couple of AI tools for chatbots and 3D design animations.

To wrap up, we’ve curated a list of three popular YouTube videos aimed at boosting your productivity, helping you achieve more in less time.

Ready? Let's dive in.

INTERESTING AI ARTICLES OF THE WEEK 📰

This week, we present a curated selection of five important AI articles, featuring news from top AI and SaaS players.

• Generative AI market to grow to $100 billion by 2028
  According to a study conducted by Sopra Steria Next, the generative AI market is likely to grow more than tenfold by 2028, rising from $8 billion to $100 billion over the course of four years. The study predicts that 2024 will mark the beginning of an exponential rise in the monetization of generative AI, with more and more services being sold, both by major tech players as an extension of their current product ranges and by a multitude of startups that are beginning to emerge, targeting specific use cases.

• Microsoft’s multibillion-dollar investment in OpenAI could face EU merger probe
  The European Commission has announced that it is launching a competition probe into virtual worlds and generative artificial intelligence, looking into agreements made between tech giants and generative AI makers. Microsoft has invested billions of dollars into OpenAI, and the EU is checking whether this investment might be reviewable under the EU Merger Regulation. The EU has sent requests for information to several large digital players and is seeking views from interested parties, which have until March 11 to submit responses.

• Volkswagen says it’s putting ChatGPT in its cars for ‘enriching conversations’
  Volkswagen plans to install OpenAI's ChatGPT into its vehicles starting in the second quarter of 2024 to augment its IDA in-car voice assistant to enable more naturalistic communication between car and driver. Vehicle owners can use the new super-powered voice assistant to control basic functions, like heating and air conditioning, or to answer "general knowledge questions." VW promises it won't force you to create a new account or install any apps, and OpenAI isn't getting access to your driving stats.

• Introducing the GPT Store
  The GPT Store is a platform introduced by OpenAI that allows users to access and share custom versions of ChatGPT. It features a diverse range of GPTs developed by partners and the community, with categories such as DALL·E, writing, research, programming, education, and lifestyle. Users can explore popular and trending GPTs on the community leaderboard and discover new featured GPTs every week.

• Biggest Trends of CES 2024: AI, Transparent Screens and Off-Grid Tech to Power Your Home
  The biggest trends at CES 2024 include a massive emphasis on AI, transparent screens, and new solutions to take homes off the grid. AI is dominating the show. Transparent screens are a new trend, with LG and Samsung both showcasing their own transparent display technology. Energy tech and sustainability are also major trends, with innovations in energy technology such as portable, whole-home backup batteries and electricity-generating stained glass.

5 EXCITING NEW SAAS & AI TOOLS 🛠️🤖

We’ve handpicked five game-changing tools that promise to refine your workflow and ignite your creativity.

• AStime - AStime is a comprehensive time tracking and task management software that offers a range of benefits and features. It allows users to track time, manage tasks, and stay within budget, all in one platform. With its integration with Jira and other project management tools, AStime provides transparency, trust, and efficiency for both employees and clients.

• Socyal - A modern app for work and workforce performance management that empowers teams to engage genuinely, elevate their work culture, and achieve unparalleled performance. It enables users to share real-time feedback on meetings, projects, and performance, recognize good behaviors and contributions, and assess their teammates relative to each other.

• Wois - Wois is a dynamic platform that continuously enhances its user experience through bug fixes, UI improvements, and personalized features. With a focus on creating a social environment where every individual’s story can make an impact, Wois is dedicated to refining its platform based on valuable feedback and ongoing development.

• EmbedAI - EmbedAI is a platform that allows users to create AI-powered chatbots using their data, enabling efficient information management and prompt, automated responses to user queries.

• Anything World - This tool allows users to animate their 3D models with the help of AI. It offers automated rigging and animation, making it easy for users to bring their creations to life. With Anything World, users can unleash their creativity and produce high-quality animations straight from their browser.

MUST WATCH PRODUCTIVITY VIDEOS OF THE WEEK 🍿🎦

• Effortless Productivity for Lazy People (science based)
  The video discusses the concept of effortless productivity and how to achieve it. The author argues that the traditional approach to productivity, which focuses on optimizing time and effort, can actually be counterproductive. Instead, he suggests that we should focus on being more mindful and present in the moment, and to let go of the need to be constantly productive. He also emphasizes the importance of taking breaks and resting, and of not trying to do too much at once.

• Real Economist Reacts to 2024's Biggest Productivity Book
  The video is about the book "Feelgood Productivity" by Ali Abdaal. An economics professor analyzes the book from an economic perspective and shares his thoughts on its effectiveness. He argues that all productivity books can be summarized by a simple economics graph that shows the marginal cost and marginal benefit of getting things done. He concludes that the book is not for everyone and that people should consider their own needs before reading it.

• How to Time Block: The Ultimate 2024 Guide You Can't Miss!
  In this video, the author provides a comprehensive guide on how to use time blocking to enhance productivity. The video delves into the fundamentals of time blocking, along with more sophisticated methods like color coding, the Pomodoro Technique, day theming, and deep work. It also addresses common blunders people make when using time blocking and how to steer clear of them.

Thank you for joining us in another week of tech exploration. For a deeper dive and fresh takes on the evolving SaaS and AI landscape, be sure to check out our blog.

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Until next week, keep exploring!

Warm regards,
The SaasGenius Team