Welcome back to AI Chronicles.

In this edition, we'll talk about how Snapchat is in talks again because of its new AI chatbot. But before that, let’s look at what happened in the AI world this past week

• Spotify spotted prepping a $19.99/mo ‘Superpremium’ service with AI playlists.

• Meta is investing millions in AI celebrity characters like Snoop Dogg, Tom Brady, and Charli D'Amelio, with a top creator earning $5 million for a two-year, non-exclusive deal involving six hours of work, as per a report.

• IBM introduces enhanced managed detection and response services, incorporating AI capabilities that can automatically resolve or close up to 85% of alerts, streamlining security response times.

• Snapchat faces criticism from the UK data watchdog for not adequately evaluating the privacy risks posed by its AI chatbot, particularly concerning children.

A big shoutout goes out to these remarkable AI newsletters that consistently provide valuable insights, updates, and expertise.

👥 Snapchat's chatbot 'may risk children's privacy'

1. Snapchat is under scrutiny by the UK's Information Commissioner's Office (ICO) for its alleged failure to adequately assess the potential privacy risks associated with its AI chatbot, particularly in the context of child users.

2. The ICO has issued a warning that it may take measures to close down Snapchat's My AI feature in the UK following a preliminary investigation, signaling a significant regulatory concern.

3. In response to the ICO's preliminary findings, Snap, the parent company of Snapchat, has stated that it is closely examining the situation and the implications for its My AI feature.

4. My AI is a chatbot feature powered by ChatGPT, an AI tool capable of convincingly imitating human conversation. It serves as a personal assistant for users, helping them with tasks such as planning day trips and creating menus. Notably, it generates over two million chats per day within the Snapchat app, according to Snap CEO Evan Spiegel.

5. The ICO's primary worry revolves around the potential privacy risks for users aged 13 to 17, who form a substantial portion of Snapchat's 21 million users in the UK. To address these concerns, Snap must ensure that My AI complies with data protection rules, including those outlined in the Children's Design Code. Failure to meet these requirements could result in the suspension of the My AI function for UK users until an adequate risk assessment is conducted.

6. Additionally, Snap acknowledges that while My AI has made significant progress, occasional mistakes, biases, or uncertainties in its responses may occur, and users are advised not to rely solely on its advice.

What are your thoughts on the growing use of AI chatbots like My AI and the importance of ensuring their privacy and safety, especially for younger users?

🦾Tools of the Week

Meet your new favorite AI tools for app building! With smart coding and strong image recognition, it's never been easier to create your apps. 🚀

We curate tools every day on LinkedIn, check out to stay ahead.

🐦 Tweet of the Week

📍Get daily updates on Twitter

🧠 AI Fun Fact

Recent research findings have illuminated a surprising and significant aspect of AI's impact: the substantial water consumption associated with every AI-powered conversation. As we marvel at the incredible advancements AI brings, it's equally crucial that we consider its ecological implications.

The numbers are eye-opening. AI, while offering unprecedented benefits and capabilities, also places substantial demands on our water resources.

Read more about this here.

😅 Meme of the Week

Thank you for joining us in this edition of the AI Insights Newsletter.

We hope you found our exploration of AI advancements and their impact on various industries insightful and inspiring.

Stay tuned for our next edition, where we'll continue to unravel the wonders of AI and delve deeper into the incredible potential it holds.

Until next time.