Generative AI and Emotional Intelligence | millionways' Martin Cordsmeier & Max Weidemann | Internet of Things Podcast

Can AI have emotional intelligence? Martin Cordsmeier and Max Weidemann of millionways join Ryan Chacon on the IoT For All Podcast to discuss generative AI and emotionally-intelligent AI. They cover generative AI versus scientific AI, AI ethics, slowing down AI development, AI for good, AI bias, and how AI can actually help people. Martin Cordsmeier is the co-founder and CEO of millionways, which began as a non-profit organization. As millionways grew, it pivoted to for-profit, and Martin moved to the US with his co-founder. Martin published a book about his belief that mental health starts with understanding yourself and your unconscious traits and patterns. Max Weidemann is the co-founder and CTO of millionways. After graduating from Goethe University in Frankfurt, Germany with a Master's degree in Mathematics, he became a self-taught full-stack developer primarily interested in Applied Machine Learning and AI. After co-founding the start-up, millionways, with Martin in Germany, he moved to the US to further develop, scale, and market their technology. millionways brings emotional intelligence to AI. millionways' technology can be used to give any platform the ability to learn its users' unique personality traits, hopes, fears, and ambitions and to ultimately create a deeply personalized user experience, with explainable outputs and more nuanced and empathetic than the typical AI black box. millionways' emotionally intelligent AI provides next generation personality insights and has its roots in science and psychology. It encompasses more than five million proprietary data samples and 1,000+ hours of training from a team of twenty-five psychologists. Based on first-time-digitalized PSI Theory developed by the millionways team, millionways' AI replicates real human empathy rather than mimic empathy as now found on some AI platforms. millionways' emotional AI is continuously learning and evolving through the people who use it.  Discover more about AI and IoT at https://www.iotforall.comMore about millionways: https://millionways.meConnect with Martin: https://www.linkedin.com/in/cordsmeier/Connect with Max: https://www.linkedin.com/in/max-weidemann/ Key Questions and Topics from this Episode: (00:00) Welcome to the IoT For All Podcast (00:50) Introduction to Martin, Max, and millionways (03:29) Generative AI versus scientific AI (05:50) Examples of scientific AI (07:11) AI ethics (09:33) Challenges of AI ethics (10:55) How can ethical challenges in AI be solved? (12:57) Should AI development slow down? (16:24) What is AI for good? (17:57) AI bias (19:58) How can AI actually help people? (22:29) Learn more and follow up  SUBSCRIBE TO THE CHANNEL: https://bit.ly/2NlcEwm​ Join Our Newsletter: https://www.iotforall.com/iot-newsletterFollow Us on Twitter: https://twitter.com/iotforallCheck out the IoT For All Media Network: https://www.iotforall.com/podcast-overview