Industry Insights & News:

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

• ChatGPT's upgraded capabilities via new plug-ins enable access to live data from the web for the first time.

  TL;DR - ChatGPT just went from a history book with info as new as 2021, to a virtual assistant that not only presents real-time information but also helps you accomplish tasks instantly! Being an early adopter of this new tech is going to give your business a competitive advantage. Get on the waitlist now!

• US Copyright Office rules that AI-generated images created from text cannot be copyrighted, as they lack ultimate human control.
  

  TL;DR - If you’re planning to use AI-generated work for your business, set up a Google Alert on this news to watch how it changes. As of now, AI-generated work (image or text) that your business uses, may be used freely by others who find it without your permission.

• Duolingo, the language learning app, is partnering with OpenAI to make improvements using the latest GPT-4 technology with new features: Role Play & Explain my Answer.

  TL;DR - GPT-4 deepens the conversation on Duolingo. If your business uses Chatbots to interact with multi-lingual customers - keep your eyes out as this develops! Expect that you’ll be able to layer this into your own chatbot to enhance customer service, streamline communication and increase engagement with your customers.

• Can artificial intelligence find you real love? This startup is committed to prove it can - Keeper.ai!

  TL;DR - Whether you believe in match-making or not, it's important to recognize that firms are heavily investing in tech and AI right now. Keeper.ai used this hype to raise capital and charge higher prices than their competitors because of AI branding.

• Canva has introduced mind-blowing AI capabilities to its users, continuing to deliver on the promise it made 10 years ago: to make design and marketing easier, cheaper, and more accessible.

  TL;DR - No need to be a Photoshop pro anymore… Canva is the new black. As Canva aims to become the "operating system for design" the possibilities for your own business’s marketing and design needs just became a little bit easier. 10 new editing tools just became available that will literally blow your mind - let’s just say, there is a lot of magic happening over at Canva.

AI Business Boosters

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

• Don't waste your marketing budget: How AI-Driven insights can maximize marketing ROI for small businesses.

• Are you struggling with your marketing budget? Adobe has introduced Firefly, a generative AI model that can help small businesses create high-quality content efficiently and effectively within their existing workflows.

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

• Small business owners face challenges as US Federal Reserve hikes interest rates: 5 Tasks to start your small business automation with AI and reduce costs.

• Rising interest rates could pose challenges for small business financing in 2023. Check The state of AI in 2022 and discover how AI has helped other companies to grow.

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

• Are you starting a new business? Here are The Top 5 Challenges That Will Make or Break Your New Business and how AI can help you survive them.

• You Need To Stop Doing This On Your AI Projects. Don’t fall into one of the biggest failures when it comes to AI - overcommitment and lack of ROI.

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

• Stay ahead of the curve and remain competitive with these Top 10 AI Trends That Will Transform Businesses in 2023.

• AI results are only as good as the prompts you use. That's why Prompt Engineering becomes a must for every small business trying to use AI.

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

• To thrive in the AI revolution, companies must equip their workforce with necessary AI skills, which can be achieved through following these crucial steps. 3 Steps to Prepare Your Organization for the AI Revolution.

• Having access to the right AI tools is not enough. Small businesses need people who are capable of integrating artificial intelligence (AI) technology into their daily job functions, or at least have a willingness to learn.

Kickstart Your Week

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

“Did you get on the waitlist for ChatGPT's new feature that layers in access to real-time web data? It’s going to totally change the game with the way we can use the tool to not only better serve our customers with a more personalized experience, but it can now do things real time for us. Someone asked it about a recipe, and then asked it to order the ingredients from Instacart!”

“AI startups are exploding. In the past month Tome, an AI-powered storytelling tool that creates amazing presentations, has seen its user numbers triple to 3 million users. They hit their Series B last month and now they are planning to launch a paid subscription! This just goes to show how artificial intelligence is revolutionizing the way businesses operate and the incredible growth potential it offers.”

“It will be interesting to see how the market develops as big companies release their own AI tools. Adobe joined the Generative AI race with Microsoft and Google, introducing their tool Firefly. Folks are saying the value of the global generative AI market is estimated at $110.8 billion by 2030! Do you think the Bigs will dominate the market or will the smaller AI startups be able to compete and survive with their unique offerings?”

“Have you met Monica? ChatGPT released your AI-powered Chrome assistant. This is going to be game changing for the internet. She lives inside your browser, can real-time summarize websites, translate and define words, and can even write text for you! You have to try her out!”

“Google’s new AI workspace features are dope! The new writing features across the different apps have saved me time already. In Docs all you have to do is type a topic you’d like to write about, and a draft will instantly be generated for you. Have you used any of the features yet?

The Results are in:

Last week we asked readers, Do you think AI will eventually surpass human intelligence?

• 55% think that Artificial Intelligence is going to surpass human intelligence, while 26% think it’s too early to tell!

What do we think? We are thrilled by the rapid advances in ANI (Artificial Narrow Intelligence) and how it can already make life easier for humans. However, let's not forget that AGI (Artificial General Intelligence) is still in its infancy, and we have yet to make significant progress in this field. Only time will tell whether we can achieve AGI and whether it can surpass human intelligence. It's an exciting and challenging time for AI development, and we're ready to embrace the possibilities!

Poll of the Week:

Follow us on Instagram at @theaifilter to know how to use AI in your business!