🤖 AI Outperforms Humans in Crafting Optimal Prompts by 50%

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Happy Monday, tech aficionados!

It's September 18, and we've got a jam-packed newsletter to kickstart your week. From TikTok's eye-watering $379M EU fine over child data breaches to the latest twists in Google's billion-dollar antitrust saga involving Apple, there's no shortage of headlines to dissect:

• TikTok's $379M EU Fine for Child Data

• Google's Billion-Dollar Antitrust & Apple

• AI Beats Humans in Prompt Crafting by 50%

• Google's Gemini AI vs. OpenAI's ChatGPT

• Instacart's $10B IPO: What's Next?

• iPhone 15 Pro Max Sold Out: High Demand

• Google Calendar's New Bookable Slots

• and more...

READ TIME: 5.5 MINUTES

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Tech Companies

TikTok Slapped with Major $379M EU Fine Over Child Data Breaches (7-minute read)

TikTok has been fined €345 million (~$379 million) by the Irish Data Protection Commission for breaching the EU's General Data Protection Regulation in relation to children's data. The platform was found to have violated eight articles of the GDPR and has been given three months to comply.

Google's Billion-Dollar Antitrust Trial: Apple Protests Data Handling (5-minute read)

On day two of Google's antitrust trial, Apple filed a protest over the alleged mishandling of confidential data about Google's payments to Apple for being the iPhone's default search engine. The US government claims these payments, believed to be billions annually, indicate Google's abuse of power.

19 Game Devs Strike Against Unity's Pricing Overhaul (5-minute read)

Developers across 19 companies, mostly in Europe, are boycotting Unity's new pricing model and turning off monetization until changes are made. The new pricing structure charges for each installation of a Unity game, which has sparked anger among developers. Unity's deletion of its GitHub repository and changes to its terms of service have also caused frustration. The boycott aims to pressure Unity to reverse course on the pricing changes.

Startup Scene

Airtable Axes 27%, Refocuses on Enterprise Clients (3-minute read)

Airtable, a code-free software company valued at $11.7 billion, is laying off 237 employees, or 27% of its workforce, to shift focus towards large enterprise clients. This follows a December 2022 layoff of 254 people and is part of an effort to control spending and position the company for public listing.

AI Corner

AI Outperforms Humans in Crafting Optimal Prompts by 50% (7-minute read)

Google's DeepMind unit has developed a program, OPRO, that uses an algorithm, Meta-Prompt, to automate the process of creating optimal prompts for AI programs like OpenAI's ChatGPT. Tests reveal that the generated prompts outperform human-created ones by up to 50%.

AI Chatbots Outpace Average Human Creativity, Study Reveals (3-minute read)

AI chatbots outperform humans in creative thinking tasks, but top-performing humans still surpass chatbots. A recent study suggests that large language model (LLM) AI chatbots excel in brainstorming alternate uses for common objects. However, the best human responses outperformed chatbots in most categories. The study proposes integrating AI into the creative process to enhance human performance.

Google's Gemini AI Set to Rival OpenAI's ChatGPT (5-minute read)

Google is set to release its conversational AI system Gemini, challenging OpenAI's ChatGPT. Gemini is a multimodal LLM with impressive capabilities.

DeepMind Co-Founder Predicts Interactive AI's Domination Next (3-minute read)

Google DeepMind cofounder Mustafa Suleyman, believes that the next phase of AI is interactive bots that can carry out tasks. He sees this as a profound moment in technology and predicts that everyone will have AI assistants within five years. Suleyman's comments come as there are concerns about the overhype of generative AI.

Markets & Money

Instacart's $10 Billion IPO Kickoff: What's Next? (2-minute read)

Instacart plans to go public on Tuesday, with an expected IPO price range of $28-$30 per share. The company's fully diluted market value could reach nearly $10 billion. Instacart is a major player in the IPO market revival.

Insights & Analysis

iPhone 15 Pro Max Sells Out: Shocking Demand Overwhelms Supply (3-minute read)

iPhone 15 Pro Max sells out quickly during preorders, with delivery dates pushed back to November. Apple's other iPhone 15 models are still available for delivery next Friday.

iPhone 15 Ushers in USB-C Era: What You Must Know (7-minute read)

Apple's new iPhone 15 comes with a USB-C port, ending the company's use of the Lightning charging plug. Users will need at least a 20W USB-C charger for fast charging speeds. USB-C cables should be USB-IF certified for reliability. MagSafe chargers are an alternative for wireless charging. USB-C is a universal standard and allows for faster data transfer and compatibility with other devices.

Google Calendar's Game-Changing Feature: Bookable Appointments (4-minute read)

Google Calendar has added a bookable appointment feature for both paid and free accounts. Users can easily create and share appointment schedules, making it convenient for booking appointments. However, the feature is limited to the default calendar and cannot be assigned to non-default calendars.