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AI Tool Race Heats up and Everyone Wants to Win

AI Tool Race Heats up and Everyone Wants to Win

ChatGPT API opened a world of opportunities for developers, allowing them to create their own AI tools powered by model 3.5 or the latest model 4, launched earlier this month. Widespread investment in the sector  is helping accelerate development and adoption throughout the world.

Since the release of ChatGPT-4, a major upgrade on ChatGPT 3.5, there has been an upsurge in the release of AI tools powered by the model.

According to Precedence Research, the global AI market size was estimated at $119,78 billion in 2022 and is forecasted to hit $1,591 trillion by 2030 with a registered CAGR of 38.1% from 2022 to 2030.

Also read: Text-to-Video AI Tool Runway Gen-2 Sees Liftoff

Growing demand for AI technology among end-use verticals such as healthcare, finance, manufacturing, food and beverages, logistics, and retail is expected to significantly drive the growth of the global AI market in the years ahead.

Continued heavy investments into R&D by tech companies will continuously fuel tech advancements in various industries, too.

GetSmarter projects AI spending will reach $500 billion by 2024. It also predicts that chatbots will save industries such as healthcare, banking and retail about $11 billion a year.

A sneak peek at the top trending AI tools

The Rundown AI posted a list of 20 AI tools that are trending from their daily newsletter which contains some fascinating tools. Here is a rundown of some of the most intriguing ones:

Canceled GPT

This AI tool peruses a user’s Twitter feed and flag offensive posts. It then explains why the tweet is considered offensive before offering a revision. This is a fascinating tool that could be used to correct offensive tweets or search for derogatory tweets on someone else’s feed. Developed by Future Tools, Canceled GPT is free to use.

Chef GPT

This one’s pitched at those who love to cook and play around in the kitchen. Chef GPT offers multiple features that make it easy for one to prepare meals. The Pantry Chef feature creates meal recipes according to ingredients available in the user’s pantry, while Master Chef helps one find the recipe they want, customize it according to dietary needs, and create recipes based on cravings. Another feature available on the platform is the Meal plan chef, which is for all those that want to reach their fitness goals, with the ability to create a plan for either a day, week, or month. Chef GPT is free to use.

Cody

Designed for those who are in business among other trades, Cody is an AI personal assistant you can train with your own knowledge base on things like commerce, clients, processes, and your team. You can upload documents to the platform to train it and improve its knowledge base, too. And yes, it’s free.

Story Wizard

A tool designed for creating children’s stories using AI, Story Wizard can be used by teachers and educators to improve their content delivery in classrooms. The tool is also designed to create a fun experience for kids and their parents as they get the opportunity to create their own customizable stories. This might be a good one for interactive learning, though it comes at a cost: $10 for 3 stories, $18 for 6 and $30 for 30, which is discounted to $20 as of now.

Easy Peasy

This AI content writing tool will write pretty much anything, from blog posts, Instagram posts and emails to LinkedIn posts and jokes. Easy Peasy claims that its AI tool will craft content for users 10 times faster than they would manage on their own. Pricing starts with a free plan and goes up to $18/month for the pro version.

GitFluence

This one is for developers who use GitHub for keeping their repositories. Leveraging the power of AI, users can prompt an action they would like to perform using git (version control) and GitFluence will come up with a git command for that specific action. This tool would make it easier for developers to manage their code and provides a learning platform for git commands. GitFluence is free to use.

Magic Eraser

A tool for those who love taking pictures, Magic Eraser will remove distracting or blurred object that you don’t want in your photos, giving then a new and more focused look with minimal effort. Magic Eraser is available via its website and on a mobile application; there’s both a free version and subscription plan.

GetBotz

GetBotz AI helps bloggers write impactful articles with ease. With its autopilot feature, the tool writes pieces and posts on your blog automatically. Users need only provide the basic details about the content they prefer. For $199/month, GetBotz will write and post about 50 articles automatically, providing cover photos and free indexing with Google.

StoryD

A tool for creating data presentations with visualizations, StoryD creates interactive presentations with graphs and other visual instruments to enhance its impact. Simply provide a brief explanation of the topic of choice and the tool will use AI to create and design a presentation within 60 seconds, then export the work to a PDF or PowerPoint file.

ConversAI

This AI tool will work well with your social media and messaging applications, giving users the ability to automate how they respond to messages, emails and tweets. ConversAI can summarize long text and provide the important points in bullet form, detecting tone and mood from text. This can be integrated into most day-to-day apps, making it a valuable AI assistant.

The never-ending race

These are just some of the interesting AI tools that have emerged since ChatGPT was launched last November. It seems likely that such tools will play a bigger role in our daily lives, with AI assistants in particular proving popular.

Microsoft co-founder Bill Gates, never one to shy away from offering his opinion without being asked, has given his seal of approval to AI tools. The mogul believes AI will be a bigger and faster force for technological change, more so even than his personal computing revolution.

Microsoft recently released its AI tool for MS Office, called Copilot, which is set to change how people use office apps. With all these developments, there are still skeptics and others who feel the market will be overwhelmed. Responding to The Rundown AI tweet, Alotta GPT complains, “That’s a lot to keep up with.”

Others, however, remain excited as they seek out more and better AI solutions. Bruce Harmon responded with “These are great” and enquired, “Any AI that makes coding easier?”

Image credits: Shutterstock, CC images, Midjourney, Unsplash.

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