This is "The AI Economy," a weekly LinkedIn-first newsletter about AI's influence on business, work, society and tech and written by Ken Yeung. Sign up here.
This is my final dispatch from Dreamforce 2024. The conference did live up to the hype Salesforce chief executive Marc Benioff promised: We’d all be talking about artificial intelligence.
For this issue of “The AI Economy,” read about how Salesforce is preparing non-technical workers to adapt to this third wave of AI. Although Agentforce requires little to no coding to operate, it doesn’t mean employees should stop improving their skills and, in doing so, create a more receptive response towards AI.
In other Salesforce news, Benioff responds to Klarna ditching its SaaS software in favor of AI. Plus, learn what he’s talking about when he calls for the end of AI “hypnosis.”
The AI agent landscape isn’t just about Salesforce (I know, right?). I also explore what HubSpot, Oracle, Workday, and others have been cooking up.
Finally, check out the list of AI headlines you may have missed from this week.
Disclosure: I attended Dreamforce as a Salesforce guest, and the company covered my expenses. Salesforce in no way dictated the content of this post. These are my words.
The Prompt
Salesforce didn’t stop with the launch of Agentforce this week. The enterprise tech giant doubled down on its AI push by introducing new AI features across its product suite and spotlighting its popular online learning platform, Trailhead, as a key to driving its AI success. After all, launching AI tools is one thing, but if no one has the skills needed to use them, what’s the point? To make this knowledge broadly accessible, Salesforce is electing to make its premium AI courses and AI certifications free to all users.
“Historically, Trailhead has been focused on free self-service training, and then we’ve had paid offerings for instructor-led classes. We feel that AI is such a game-changer and so important that we’re making our AI instructor-led classes free until the end of next year,” Jim Roth, Salesforce’s president of customer success, tells me. “We’re also making certification vouchers free for AI certs until the end of next year. So it’s an over $50 million investment…and that’s a big unlock.”
On the one hand, Salesforce is making it financially viable for those looking to upskill their career and be competitive in this AI economy to do so. This announcement also keeps Trailhead at the top of people’s minds when considering e-learning software, such as LinkedIn Learning and Coursera. In addition, it could be a helpful resource for organizations seeking to provide training to workers wanting to know more about AI or have been waiting for a sign of encouragement from management that it’s okay to learn about the technology.
However, Trailhead skills learned are only partially transferrable because users will primarily be learning based on the Salesforce ecosystem.
“It’s only applicable to Salesforce,” Rebecca Wettemann, principal analyst at Valoir, states when asked if AI knowledge gleaned from Trailhead could transfer to a competing platform like ServiceNow, Oracle or HubSpot. “These platforms are going to be different enough…just like you wouldn’t naturally be able to jump to be a ServiceNow admin if you were a Salesforce admin, you’re going to need more specialized knowledge.”
By making Trailhead’s AI content free for everyone, Salesforce could also transform some of its Trailblazers into “Agentblazers”—advocates of its AI initiatives eager to leverage the technology for innovation. In doing so, Salesforce would grow its evangelist community.
“The role of Trailhead is more important than ever… his technology is so transformational that more and more people need to learn about it,” Roth says. “People that don’t really understand Trailhead think it’s online learning—I read some content or watch a video and take a quiz. But the real power is unlocking the hands-on capabilities of being able to actually play with the technology. And we run challenges, and there are some people who actually configure things in the product, and then we can run test scripts against it to say, ‘Did you actually pass the test?’ That is the best way to learn the tech. It’s one thing to read about the technology. It’s another…to actually use the technology. And so we think that is going to be more powerful than ever.”
Since June 2023, more than 2.6 million AI and data badges have been earned on the platform. More AI courses are coming in time for Agentforce’s general availability on October 23.
Roth also revealed that Salesforce aims to better integrate Trailhead with its certification programs, including those from legacy companies it has acquired. Over the next year, the company aims to unify all online learning onto a single platform, ensuring a consistent experience across its entire product suite.
To aid its mission of helping people reskill around AI, Salesforce also plans to open more so-called AI Centers in 2025. The first opened in June in London. Additional ones are scheduled, starting with San Francisco and then Chicago, Tokyo and Syndey. Each one will host in-person courses offered through Trailhead and become a meeting place for industry experts, Salesforce partners, and customers to work on AI innovations.
Editor’s Note
“The AI Economy” will be off next week due to personal travel. However, follow me on Flipboard, as I’ll continue to curate noteworthy AI news there. The newsletter will return the week of Sept. 30.
Stories Wanted
🚀 Seeking captivating stories for “The AI Economy” newsletter! If you’re immersed in AI – whether through building, investing, or witnessing intriguing developments – I want to hear from you! 🌐✨
Drop me a message or share your insights in the comments below.
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Time to End ‘Hypnosis’ Around AI
Salesforce chief executive Marc Benioff is challenging his competitors to stop doing “hypnosis” around AI and simply give customers the ability to properly evaluate what tools will work for them. Multiple times during his Dreamforce keynote and the follow-up press conference, the charismatic executive held no punches, describing Microsoft’s Copilot as the next incarnation of Clippy and that it can’t generate the results as promised.
Today’s customers are swept up in the hype and excitement vendors create around AI, only to face disappointment when the technology fails to deliver real-world results. Instead, Benioff says vendors should “let the customer at it”: “Let them try it. Let them test the actual numbers, what works and what does not work, and then in front of as many customers as possible.”
▶️ Read more about Benioff’s comment about AI ‘hypnosis’ (My Two Cents)
Benioff Responds to Klarna Dropping Salesforce, Workday
Fintech firm Klarna is shifting away from SaaS platforms like Salesforce and Workday, opting to streamline its operations with its own AI. The decision caught the attention of Salesforce’s Marc Benioff, who openly questioned whether Klarna’s approach would lead to success. Without a CRM platform, how does Klarna plan to manage and share its information while also ensuring the data is in compliance? Benioff also stated that while AI will automate some parts of work, human beings will still be needed.
▶️ Read more about why Klarna is betting on AI over SaaS software (My Two Cents)
In Non-Salesforce-Related News…
With the top CRM platform company making so much noise, it’s easy to forget that other tech conferences have happened. Put simply, Salesforce isn’t the only enterprise tech provider that has made an AI announcement.
Here’s a look at some of the headlines from several recent enterprise conferences…
At its Inbound conference, rival HubSpot launched Breeze Intelligence, its version of AI equipped with a copilot, agents, and customer intelligence. It’s billed as “easy-to-use” and requires no technical expertise. The introduction comes five months after HubSpot released a litany of AI-powered features for its sales and marketing platform, specifically Service Hub.
Oracle held its CloudWorld event in early September and had multiple reveals, from the addition of a Gen AI-powered developer assistant to its Fusion Data Intelligence service to partnering with Database 23ai to help with Gen AI-based app development, moving Code Assist to beta, promoting its Gen AI RAG Agent to general availability, and expanding its multi-cloud and distributed cloud partnership with AWS.
Enterprise resource planning software provider Workday offers AI agents to help users do more work faster. Powered by the company’s Workday Illuminate platform, these agents are trained to automate recruitment, human resource management, expense reporting, succession planning and more. Workday also announced its acquisition of Evisort, which will boost its document intelligence.
Quote This
“We’re going to have supervision. Every police officer is going to be supervised at all times, and if there’s a problem, AI will report that problem and report it to the appropriate person. Citizens will be on their best behavior because we are constantly recording and reporting everything that’s going on.”
— Oracle founder Larry Ellison on his expectation that AI will eventually power massive law enforcement surveillance networks (TechCrunch)
This Week’s AI News
🏭 Industry Insights
- IDC: AI is poised to add $19.9 trillion to the global economy by 2030 (Axios)
- A bottle of water per email: The hidden environmental costs of using AI chatbots (The Washington Post)
🤖 General AI and Machine Learning
- Apple Intelligence: Its biggest features and when you can expect them (TechCrunch)
- Alibaba releases more than 100 open-source models and text-to-video AI technology (Reuters)
- The Library of Congress is a training data playground for AI companies (Forbes)
- LinkedIn is training AI on user data before updating its terms of service (404 Media)
- OpenAI expands o1 AI models to enterprise and education, competing directly with Anthropic (VentureBeat)
- SambaNova challenges OpenAI’s o1 model with Llama 3.1-powered demo on HuggingFace (VentureBeat)
✏️ Generative AI
- Microsoft Office apps are getting more useful Copilot AI features (The Verge)
- AI video rivalry intensifies as Luma announces Dream Machine API hours after Runway (VentureBeat)
- Runway debuts an API allowing enterprises to build apps, products atop its realistic video AI model (VentureBeat)
- YouTube Shorts to integrate Google’s AI video model Veo (TechCrunch)
🛒 Retail and Commerce
- How Amazon uses generative AI to drive more same-day shipping using smarter robots and better routes (CNBC)
- Retailers and consumers split on views of AI, according to study (WWD)
- Shein is officially the biggest polluter in fast fashion. AI is making things worse. (Grist)
☁️ Enterprise
- Workday acquires the AI-powered document platform Evisort (TechCrunch)
- Why Nvidia’s Jensen Huang and Salesforce’s Marc Benioff see a “gigantic” opportunity for agentic AI (VentureBeat)
- Salesforce and Nvidia partner to launch advanced autonomous AI agents for the enterprise (Analytics India Magazine)
- Workday introduces next-generation AI with Illuminate (ZDNet)
- Copilot Pages is Microsoft’s new collaborative AI playground for businesses (The Verge)
- Slack now lets users add AI agents from Asana, Cohere, Adobe, Workday and more (VentureBeat)
- Nvidia CEO Jensen Huang: A fear of missing out keeps him engaged in the AI race (Fortune)
- ClickUp takes on Slack and Microsoft Teams with its own AI-powered “everything” chat (VentureBeat)
⚙️ Hardware and Robotics
- Chip startup Groq backs Saudi AI ambitions with Aramco deal (Bloomberg)
- FedEx invests in AI robotics firm Nimble to help scale its fully autonomous third-party logistics offering (Digital Marketing News)
- Intel says it doesn’t plan to divest its majority stake in self-driving tech firm Mobileye (Reuters)
🔬 Science and Breakthroughs
- Google is funding an AI-powered satellite constellation that will spot wildfires faster (MIT Technology Review)
- Brightband sees a bright (and open-source) future for AI-powered weather forecasting (TechCrunch)
- An AI tutor helped Harvard students learn more physics in less time (KQED)
- Arzeda is using AI to design proteins for natural sweeteners and more (TechCrunch)
💼 Business and Marketing
- Sam Altman steps down from OpenAI’s board’s safety and security committee (Axios)
- Amazon introduces Amelia, an AI assistant for third-party sellers (CNBC)
- Amazon launches an AI-powered video generator for advertisers (TechCrunch)
- T-Mobile signs deal with OpenAI to build a new customer service system powered by AI agents (Axios)
- Meta to lean on AI-driven ad tools to bring in dollars this holiday season (Retail Brew)
📺 Media and Entertainment
- How AI is putting Judy Garland, James Dean and Elvis back to work—and making millions in the process (Bloomberg)
- Lionsgate, the studio behind “John Wick,” “The Hunger Games,” and “Saw,” inks deal with Runway, allowing the AI firm to mine its film and TV catalog to train its model (The Hollywood Reporter)
- Indian filmmaker Ram Gopal Varma abandons human musicians for AI-generated music (TechCrunch)
💰 Funding
- Salesforce Ventures commits another $500 million to its generative AI fund (Forbes)
- OpenAI to decide which backers to let into $6.5 billion funding (Bloomberg)
- AI coding assistant Supermaven raises cash from OpenAI and Perplexity co-founders (TechCrunch)
- Fathom raises $17 million for its AI notetaker (TechCrunch)
- AI startup Rep.ai raises $7.5 million to launch “digital twin” sales representatives (VentureBeat)
- Fal.ai, which hosts media-generating AI models, raises $23 million (TechCrunch)
- AI startup Poolside nears $3 billion valuation to rival Microsoft’s GitHub (Bloomberg)
⚖️ Copyright and Regulatory Issues
- California Governor Gavin Newsom signs bills regulating AI performance replicas into law (The Hollywood Reporter)
- Meta and Spotify blast EU decisions on AI, calling them “fragmented and inconsistent” when it comes to data privacy and artificial intelligence (AFP/France24)
- Companies carry more liability for AI than they realize (Axios)
- California Governor Gavin Newsom speaks out about AI bill SB 1047, says he “can’t solve for everything” (TechCrunch)
- UN advisory board makes seven recommendations on how to govern AI (Reuters)
- U.S. to convene a global AI safety summit in November (Reuters)
💥 Disruption and Misinformation
- Google to flag AI-generated images in Search later this year (TechCrunch)
- Content creators in the adult industry want a say in AI rules (Wired)
- Google serves AI slop as top result for one of the most famous paintings in history (404 Media)
🔎 Opinions, Analysis and Research
- How much more data will AI generate? 10x, 100x, 1000x? (Cloud Database Report/John Foley/Substack)
End Output
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