Industry Insights & News:

Stay informed with our daily dose of AI news and industry insights to help you make informed business decisions.

• Poe, the AI chatbot app, lets you create your own bots using prompts. With 1.17 million installs, $520,000 in revenue, and a current ranking of No. 32 in the Productivity category on the App Store, Poe is gaining popularity as a top choice for customized chatbot experiences.

  • TL;DR - Want a personalized ChatGPT-style chatbot for your business? Check out Poe! You can easily set up your own fully personalized brand specific chatbot for your customers - helping them get answers faster and ultimately be happier with your service!

• The AI Race doesn’t stop: Alibaba Cloud to offer custom LLMs-as-a-service, called Tongyi Qianwen, which is positioned as a competitor to OpenAI's ChatGPT and, Amazon Announces New Tools for Building with Generative AI. Additionally, Elon Musk plans artificial intelligence start-up to rival OpenAI after recently expressing support for a pause on AI training.

  • TL;DR - Small business owners, take note! The world of AI chatbots is getting crowded with new competitors beyond ChatGPT. Big tech companies are now developing their own AI chatbots. Meaning you have more options to choose from! Take the time to explore and compare what these AI chatbots have to offer, and pick the one that works best for your business needs.

• Biden administration is trying to figure out how to audit AI. US government agencies are taking steps to regulate AI to prevent harm, including seeking public input and developing frameworks. Though, there is no clear consensus on how to regulate AI, and compliance burdens may be a concern.

  • TL;DR - These new compliance gaps are going to create great business opportunities. Build your own audit and certificate to provide to your clients in advance (using AI) to demonstrate that you're ahead of the curve. Sell your AI auditing and advisory services to other agencies in need, and offer them to your clients who may be using similar tools. Create your own internal audit checklist and ensure that all your AI usage is properly documented for ethical and compliance considerations.

• Mozilla wants to make sure AI is used for the good of humanity. They're hosting the Responsible AI Challenge and inviting AI builders to submit their projects for a chance to win $50,000 and showcase their work in person.

  • TL;DR - Here's another opportunity to get funding and marketing in a non-traditional way while contributing to the greater good. Seize the chance to develop your AI projects responsibly and gain access to cash prizes and mentorship from industry leaders.Apply here. 

AI Business Boosters

Sales & Marketing:
Use AI-powered tools and strategies to boost your sales and marketing efforts and attract more customers.

• Companies that implement AI in marketing see an average increase in return on investment of up to 30%. Check out The Ultimate AI Marketing Automation Guide for 2023 and leverage AI-powered marketing automation to transform the way your business interacts with customers, making it more efficient, personalized, and effective.

• Generating high-quality leads is one of the biggest challenges businesses face in order to grow, and AI can help with that. Discover 10 Ways to Acquire High-Quality Leads Using AI Lead Generation Tools, and unlock the power of AI to optimize your lead generation strategies and drive business success.

Investment & Finance:
Discover how to leverage AI investment opportunities to grow your business and stay ahead of the competition.

• Is now the time to trust AI while facing market volatility? CFOs can take four steps to reach their goals with an AI strategy: define the outcome, assemble a buying team, ask the right questions, and look past the buzzwords.

• Top AI Stocks To Invest In Right Now? 3 To Watch: Alphabet Inc., Microsoft Corporation, NVIDIA Corporation must be in your list.

Operations & Productivity:
Enhance your business operations and boost productivity with the latest AI-powered solutions.

• Encouraging employees to take responsibility for the output of their work and to leverage their own human abilities is key to minimize your risks. Learn How to Manage Generative AI and ChatGPT in the Workplace.

• This three use cases can help you to understand How Businesses can take AI to the Next Level by using the force of data.

Product & Engineering: 
Stay on the cutting edge of innovation and technology with insights into the latest AI trends and developments.

• Despite the potential benefits that AI offers, AI Isn't Taking Over Industrial Manufacturing (Yet), Here Are 3 Reasons Why and, opportunities for growth and improvement that your business can leverage.

• Expertise in How to Write Better ChatGPT Prompts is the key to getting the most out of it and using it to improve your business processes, services, products, and customer experiences.

Building Your Dream Team:
Find and manage top talent with AI tools and strategies that streamline the hiring and training process.

• ChatGPT: Who's using the AI tool and why? A new report shows that 44% of the people surveyed use ChatGPT at least once a week and it's likely that your employees are using it too. Creating strategies and providing education to your employees on how to use AI in a responsible manner can not only boost your business, but also help prevent risks.

• AI is expected to add $13 trillion to the global economy in the next decade, but companies are struggling to scale up their AI efforts beyond ad hoc projects or single business processes. Building the AI-Powered Organization requires understanding and lowering organizational and cultural barriers to AI initiatives, which is key, including shifting away from traditional mindsets and investing in education and adoption.

Kickstart Your Week

Layer these things into your conversations this week to sound relevant!

“Remember the movie Inception how the villain could enters the dreams of people to steal information? A guy in Japan is playing with making this a reality… and had some success! He was able to use AI to decode brain activity and create images, making mind-reading a reality!”

"Things just got ‘Musky’ over at Twitter. Elon is working on some new Twitter AI magic. He’s all over the place considering last week he wanted to shut down AI for 6 months! What are your thoughts on Musk's latest tech venture - will he turn Twitter into an AI-powered paradise or unleash digital chaos?"

"ChatGPT is the new Facebook of China… meaning they can’t use it! Outside of censoring the information that chatbots must only talk about topics that align with Chinese politics, ChatGPT isn’t available to use without a VPN to hack the system. Do you think they will be able to keep this one on lockdown like the rest of the social media giants?”

"Drake's got beef with AI-generated versions of his music, especially that 'Munch' video? Can't blame him for not wanting to be replaced by a virtual rapper! Do you think AI-generated music is going to be the future?"

“Have you checked out the Slumdog Billionaires? The pictures are mind-blowing! And guess what? They were generated using AI! No money wasted on making this joke.” (Photos below!)

The Results are in:

Last week we asked readers, What’s your stance on regulating AI?

• 55% think that global regulation is a must to ensure accountability and transparency.

What do we think? Regulations of course will be in place, but getting global consensus on that is going to be next to impossible. Do you part in building your business around responsible AI practices so you’re on the good side no matter when the regulations decide.

Follow us on Instagram at @theaifilter for daily tips on how to use AI in your business!

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