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73% of Consumers Trust AI Generated Content

73% of Consumers Trust AI Generated Content

Plus mind-blowing visual 3D datasets

Nathaniel Whittemore
June 20, 2023

The AI Breakdown First Five - Tuesday June 20, 2023

Today on the First Five:

5. Vimeo Announces New AI Tools
4. Voice Synthesizer ElevenLabs Raises $19M
3. Infinigen: Procedurally Generated, Photorealistic Dataset
2. AI Trounces Short Sellers; Adds $150B to World’s Wealthiest
1. 73% of Consumers Trust AI Generated Content

5. Vimeo Goes AI

Video platform Vimeo just announced a suite of AI creation tools, including a script generator powered by OpenAI, a built-in teleprompter for recording, and text-based video editing a la Descript. Remember when Sam Altman said that he thinks most companies don’t want to be in ChatGPT, they want ChatGPT to be in them? I think this is what he meant.

Vimeo’s new AI script generator will write corporate marketing filler in seconds

Vimeo wants to become a one-stop video production platform.

www.theverge.com/2023/6/20/23766809/vimeo-ai-tools-script-generator-editing

4. $19M for ElevenLabs to Clone Your Voice

One of the early leaders in the voice cloning space, ElevenLabs has just announced $19m in fresh funding. Additionally, the company’s speech classifier which can recognize audio created with its tools is going live. The company has also announced a new feature called Projects for editing long-form audio en suite.

We're thrilled to open a new chapter at ElevenLabs!
Today we’re announcing new voice AI products & our $19m Series A round led by @nat@natfriedmann@danielgrossa16z.
@a16zen & read more: https://t.co
— ElevenLabs (@elevenlabsio)
11:31 AM • Jun 20, 2023

3. Infinigen Creates Mind-Blowing

Infinigen is an open-source, procedurally generated, photorealistic dataset for 3D vision. The automatic 3D scene generator creates labeled visual data that can be used in training AI models. While not AI itself, it could help future AI models have access to high quality visuals.

Ok. This is blowing my mind. Procedurally generated 3D worlds in Blender. This is NOT using AI but can create any world you can imagine. Combine tools like this to create worlds, tools like Daz3D to create characters, Blockade Labs for skyboxes, and Convai for NPCs. 🤯
— Matt Wolfe (@mreflow)
11:55 PM • Jun 16, 2023

2. AI Is Driving Massive Market Returns

It does not pay to be an AI skeptic. In fact, shortsellers have lost $120B this year (including $72B in June alone!) betting against the AI-driven stock market. Meanwhile the world’s wealthiest have added $150B to their net worths this year.

The world's wealthiest people have seen their fortunes grow by more than $150 billion thanks to the AI-fueled stock-market boom

Meta founder Mark Zuckerberg and Oracle boss Larry Ellison have seen their personal fortunes swell by over $40 billion each in 2023.

markets.businessinsider.com/news/stocks/stock-market-analysis-ai-chatgpt-worlds-richest-people-mark-zuckerberg-2023-6

1. 73% of Consumers Trust AI Generated Content

…but can we trust the survey? The surprising stat comes from Capgemini Research Institute’s new report “Why consumers love generative AI.” They’re a totally reputable firm, however, there are some things that give me pause. No disrespect, but, uh, this says the Boomer generation has the highest familiarity with these tools? The survey dates were October 2022 to April 2023, so maybe worth taking with a grain of salt, but still some very interesting data.

Creative and generative AI

Data and AICreative and generative AIReport from the Capgemini Research InstituteDownload the report5 MB pdfDownload infographic2 MB pdf

www.capgemini.com/insights/research-library/creative-and-generative-ai