🤖 AI eliminated nearly 4,000 jobs in May

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Happy Monday!

Hope you took some time this weekend to relax from the pace of AI.

For us? Memes crafted by AI… but more on that shortly.

In today's rundown:

• 🚨 AI Impact on Jobs: Already a Reality

• 🔥 AI Art Shocks the Internet with Memes

• 🤖 32% Can't Distinguish AI from Humans

• 🛠️ 11 New AI Tools & Resources

Read time: 3 minutes

🚨 AI Impact on Jobs: Already a Reality

According to data from Challenger, Gray & Christmas, AI was responsible for nearly 4,000 job losses last month alone in the US.

US-based employers announced over 80,000 layoffs in May, a 20% increase from last month and a 287% increase from 12 months ago. Out of those 80,000 cuts, 5% of them were from AI.

While concerns for AI-based job loss persist, analysts also highlight the potential for job growth and economic expansion in the emerging AI industry. The question is: which one gets outpaced?

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🔥 AI Art Shocks the Internet with Memes

🤖 32% Can't Distinguish AI from Humans

You might remember “Human or Not“ as a fun game that went viral on Twitter in April. Well, it turns out it was the largest-scale Turing Test to date, assessing people’s ability to differentiate between humans and AI bots.

In this game, participants engaged in two-minute conversations with bots or humans, resulting in over a million conversations and guesses analyzed.

Astonishingly, the results showed that only 60% of participants correctly identified AI bots - participants often relied on flawed assumptions, such as expecting bots to avoid typos, grammar mistakes, or slang, despite the bots being specifically trained to incorporate these features. Cheeky.

Overall, the experiment highlighted the difficulty in discerning between humans and AI, with 32% of participants unable to differentiate.

🛠️ Trending Tools & Resources

• HireAI- Hire 4x faster and streamline your hiring process with AI. Think of it as ChatGPT for hiring* (link)

• Masterworks- Art investing made easy* (link)

• LocalGPT- Chat with your documents on your local device using GPT models (link)

• Market Test- Validate human and AI-generated creative assets in 2 hours (link)

• AI YouTube Thumbnails- Get AI-powered thumbnails for your YouTube videos (link)

• ROAST- Use AI to optimize your dating profile (link)

• MyScale- AI database fusing vector search with SQL analytics (link)

• Codefy ai- Code faster with powerful AI tools (link)

• Zbrain- Build ChatGPT apps with private data in minutes (link)

• ChatGPT’s new hidden message feature (link)

• Chris Lattner: The Future of Programming and AI (link)

Have cool resources to share? Submit a tool or reach us by replying to this email.

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🐦 Tweet of the Day

Midjourney imagines ‘most stereotypical person‘ from different countries:

❤️ Rundown Review of the Day

That's all for now!

If you have any interesting projects or ideas, please reach out to us by responding to this email or by sending us a DM on Twitter: @rowancheung & @therundownai

As always, thanks for reading, and see you next time. 🫡