Here are five things that happened in the tech industry this week and how they impact your business. Were you lonely?
1 – Google Gemini will be upgraded.
Last week's Google I/O 2024 developer conference featured a number of update announcements, including Gemini 1.5 Flash, which is optimized for tasks such as chat applications, data extraction, and multimodal inference. Gemini's 1.5 Pro also brings improvements to “code generation, logical reasoning and planning, and multi-turn conversations.” Project Astra – the development of a general-purpose/advanced AI agent that helps with “everyday tasks” while understanding complex commands – is still in its early stages. Google reported that it “has been working to improve the way our models recognize, reason, and talk.” (Source: Keyword)
Why this is important for your business:
Google is moving closer and closer to artificial general intelligence (AGI). Watch this video from Project Astra to see how its technology can identify objects and places and assign reasons to them. This will soon have a huge impact on robotics and other automation in the workplace.
2 – ChatGPT is also upgraded…and frivolous.
OpenAI announced GPT-4o (o for omni), the latest update to ChatGPT with human-like quality adjustments. wired We reported that a demonstration of GPT-4o revealed a more fluid “natural voice conversation” with the ability to read emotional cues. The chatbot “adopted different emotional tones” based on the topic of discussion. He also had mixed reactions in conversations with OpenAI Chief Technology Officer Mira Murati and other employees.according to wiredAt one point, he responded to a compliment about his performance by saying, “Oh, stop it, you're making me blush.” GPT-4o is available to both paid and free users. (Source: Wired)
Why this is important for your business:
Have you seen the movie “Her” starring Scarlett Johansson? There are reportedly more than a few developers hooked on OpenAI, and now we’re seeing the results of their obsession . Sorry, you're probably not going to have a conversation with Scarlett Johansson, but this latest edition of ChatGPT is clearly where she's heading in the AI direction: human-like interactions with sentient robots. can't believe it? See how ChatGPT 4o helps this man prepare for his interview.
3 – Meta is shutting down its enterprise communications business, Workplace.
Workplace – Meta’s platform for business-centric projects and communications – will be retired in 2025. tech crunch report. Meta released a statement about the decision, saying, “…we can now focus on building the AI and Metaverse technologies that we believe will fundamentally change the way we work.” From that point on, the site will be read-only until May 31, 2026. (Source: TechCrunch)
Why this is important for your business:
I remember when Workplace was announced and people predicted it would be a big competitor to Google and Microsoft's office applications. Apparently not, and credit to Meta for being brave enough to focus on other, more profitable product lines. tech crunch Meta referenced a memo to Workplace members suggesting alternatives like Zoom's Workvivo. This memo includes instructions on how he can download data stored in his Workplace account before the site is shut down.
4 – Dynasuites launches affordable and comprehensive ERP software solution.
Dynasuites, a software company that helps businesses with advanced and affordable software solutions, has announced the release of Enterprise Resource Planning (ERP). Dynasuites says it has developed a product that “integrates critical business functions into one platform.” This can provide business owners with a centralized network to track workflows, customer history, transactions, and employee information, including tasks, performance, and ratings. Pricing plans are structured according to the size and specific needs of your business. (Source: EIN News)
Why this is important for your business:
Although less well-known than many other accounting platform providers, there are still many benefits to working with a smaller provider like Dynasuites. Chances are, a solution customized to your business will receive more attention from the vendor's development team. Additionally, your company is in a position to grow as your vendor grows. Also, because it is a new application, the backend database and functionality may be more advanced than traditional competitors.
5 – Epson smart glasses help manufacturers stop downtime.
Electronics manufacturer Epson has developed advanced problem-solving tools for the manufacturing industry. Moverio industrial AR smart glasses (similar to Google's smart glasses) provide “hands-free visual guidance” provided by a tablet or iPhone. (Source: Manufacturing Digital)
Why this is important for your business:
According to Epson, if a problem occurs with the machine, employees will receive verbal and visual instructions from Moverio to resolve the problem without the distraction of a handheld device. The smart glasses consist of his Si-OLED micro-display that provides clear details to the user. The company plans to debut this technology at his Maintec 2024 in June of this year.