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πŸ€– AI and Robotics ETFs: The New Trendy Investment for 2023 βš™οΈ

PLUS: Don't Pump the Brakes on AI: A Policy Plea

In today’s email:

  • πŸ§ͺ Research highlights: The Future Is Atomic: New Chip Technology for Edge AI

  • 🚨 Industry news: AI and Robotics ETFs Leading the Pack in 2023 Investor Survey

  • βš–οΈ Policy and regulation: Regulation Risks: Why Stalling AI Development Could Backfire

  • 🧰 Tool of the day: MarketingBlocks: AI-mpress Your Customers, Revolutionize Your Marketing

  • 🌐 AI concept of the day: Deep Learning

🌐 The Future is Atomic: New Chip Technology for Edge AI βš™οΈ

Researchers led by USC Professor of Electrical and Computer Engineering Joshua Yang have created a new type of chip with the best memory of any chip to date for edge AI.

The chips combine silicon with metal oxide memristors, which can process data where it is stored rather than sending it to dedicated processors.

The new technology, which focuses on activating atoms rather than electrons, uses fewer materials and allows for smaller chips while providing many more memory levels to help increase information density.

The researchers believe the technology will make high-powered technology more affordable and accessible for a wide range of applications.

πŸ€– AI and Robotics ETFs Leading the Pack in 2023 Investor Survey

Market Analysis

A Brown Brothers Harriman survey shows that 56% of professional investors plan to add AI- and robotics-focused ETF strategies to their portfolios this year, up from 46% in 2022.

According to Bloomberg Intelligence data, ETFs tracking robotics and AI received around $105 million in March, while other thematic strategies such as clean energy, electric cars, and cloud computing saw outflows.

With approximately $121 million in inflows this year, the $1.7 billion Global X Robotics & Artificial Intelligence ETF has led the inflows, with the fund up 24% year to date.

Nevertheless, the survey indicates that 48% of investors still intend to add cryptocurrency and digital asset-themed ETFs in 2023.

🚨 Regulation Risks: Why Stalling AI Development Could Backfire

Bloomberg Opinion columnist Tyler Cowen has criticized a recent petition calling for a voluntary six-month halt to artificial intelligence development. He contended that such a delay would politicize AI development, harm US national security, and potentially drive away top talent.

He added that a pause would accomplish very little. Cowen also believes that more testing and direct feedback are required to address safety concerns in new products.

Furthermore, there is no way to demonstrate that the pause can be lifted without drawing regulatory and congressional attention, which could be indefinitely extended.

πŸ“ˆ MarketingBlocks : AI-mpress Your Customers, Revolutionize Your Marketing

MarketingBlocks, an AI-powered marketing tool, assists businesses in streamlining their marketing initiatives and increasing ROI. The device will give users access to a centralized platform for lead generation, marketing automation, and customer engagement. MarketingBlocks AI aims to streamline the marketing process and increase marketing effectiveness.

Learn more about the tool here.

🧠 Deep Learning

Deep learning is a subset of machine learning that employs layers of neural networks rather than a single neural network. The term "deep" in deep learning refers to these layers. Consider each neural network layer a space where something new is learned from a data set.

🐦 #SocialScene

πŸ‘” Expert advice of the day

-Raja Monga, ex-TensorFlow, Google

Just like the Internet changed things in the last two decades, AI is going to be that big thing that will change many things over the next couple of decades. It will be essential to consider that as a critical ingredient to whatever you build, whomever you serve, and how you manage and help your customers.

🧠 #MindsetMaze

Life is either a daring adventure or nothing at all. -Helen Keller

πŸ€ͺ Meme of the day: The Real Reason ChatGPT Was Blocked in Italy

πŸ”₯ TRENDING TOOLS πŸ”₯

  • πŸ“– Talk to Books - is a Google product that uses natural language processing to simulate conversations with books.

  • πŸ‘©β€πŸ« Tutorai.me - is a comprehensive online tutoring platform offering personalized, one-on-one tutoring with experienced tutors.

  • πŸ“ TLDRThis - is an online tool that allows you to quickly and easily summarize and condense long articles, webpages, and documents into much shorter and easier-to-read text.

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And that's a wrap!

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