Interested in Daily AI News?

It’s here: The Daily Filter. Subscribe now to get daily AI news delivered to your inbox!

Industry Insights & News:

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

• After setting a record as the fastest app to reach 100 million active users on the web, OpenAI’s ChatGPT app tops 500K downloads in just 6 days. The app has outperformed its rivals, including Microsoft's Bing and Edge apps.

  • ChatGPT leads the market. Even with fast growth and resources, we don't know when they'll make a profit. They plan to make $200M this year. But they need to raise $100 billion to finish their tech plan. This shows how tough it can be for new, smaller competitors in the AI market. But one thing's for sure - the AI market keeps growing. As small business owners, we can reshape our businesses with automation. Our best move? Invest in AI now.

• Meet “IndexGPT”, the AI stock picker JPMorgan is developing that may put your “financial advisor out of business”.

  • TL;DR - It's been a tough year for banks. But AI could change how the financial industry works. It could give real-time advice on picking stocks, based on customer needs. It could also handle more information than any human advisor. If it works out, we might see people making better investments, but also new rules for AI in finance.

• Nvidia close to being the first trillion-dollar chip firm (ever) thanks to AI. There’s so much money on the AI table, and it’s not going to stop growing.

  • TL;DR - Nvidia is and has been everywhere. They’re partnering with all the bigs and now we are just at the beginning of seeing the rewards roll in. First movers advantage here will create very wide moats with your clients so keep positioning yourself as a voice and AI resource to catch any waves this new industry is creating.

• We all know that selling relies on using the right words. With AI, we no longer need to worry. Google search ads will automatically adapt to your queries using AI.
  

  • TL;DR - This has the potential to greatly boost sales. Real-time, dynamic updates to your ads based on trends and live searches, creates the potential to target (and capture) that lead in a way that we haven’t seen before. If this works, we expect marketing departments to be run with less headcount as we make bigger investments in our products and services.

AI Business Boosters

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

• Is your marketing team having problems to find the right design tool for your brand image? We’ve built The Small Business Owner’s Guide to help you choose the right AI tool for your business’s design and project needs.

• The AI in advertising is the new black. It personalizes campaigns and optimizes ad performance through data analysis. Check out what it is, and how to respond.

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

• ChatGPT has over 100 million users and the website attracts 1.8 billion monthly visitors. This remarkable growth occurred in just in months. But how does OpenAI generate revenue? Discover its business model and enhance yours.

• Are you thinking about investing in the stock market? Check the 20 AI stocks expected to post the highest compound annual sales growth through 2025.

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

• By 2030, 80% of project management tasks will be run by AI. Check out How AI Will Transform Project Management and how your business can take advantage of it.

• Keeping your business running smoothly relies on the optimal performance of your equipment. AI can assist you in optimizing maintenance planning and resource allocation by identifying patterns of equipment failure. This saves valuable resources and maximizes productivity, giving your business an edge.

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

• Accenture’s Tech Vision research found that only 35% of global consumers trust how AI is being implemented by organizations. Follow these 10 Steps to More Ethical Artificial Intelligence. Stay tuned for our AI Grader, which will assess your business's Ethical AI practices.

• Do Free AI Tools Pose a Security Risk to Your Business? Being aware of the risks associated with them will help you make the most out of these tools while safeguarding your business and customers.

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

• Are you struggling with scheduling issues in your small business? AI-driven schedule optimizers can be your solution! They minimize employee downtime, boost productivity, and prevent service disruptions.

• Do you want to boost your HR department? AI technology can simplify administration, improve communication, and offer you valuable data insights. It personalizes the employee experience through generative AI and other innovative tech.

Kickstart Your Week

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

"Did you hear about the fake image on Twitter causing a dip in Wall Street? It's crazy! An AI-generated Pentagon explosion picture went viral, shared by verified accounts. It's a clear reminder of the power and potential risks of AI and social media, right? Are you afraid of fake image generation?"

“Did you catch the story about the lawyer using ChatGPT for Avianca Airlines' case research? But the not so great part is that ChatGPT invented all the case names! Now, a judge plans a hearing next month on possible punishment for the lawyer. Can you believe it?”

“There’s always something new with Elon Musk and today that’s the looming 'drone wars' that governments are going to spark with their hands on AI tech. Given that they can’t even get their heads wrapped around regulation, do you agree with him that the governments first uses of AI will be weapons?”

“So last week Darmesh, one of the HubSpot co-founders, shared on LinkedIn the price he paid for the domain Chat.com… which was $10 million! Here's the crazy part: just two months later, he sold it and made profit. It sold for over eight figures! I’ve never thought of getting in the domain selling game, but considering this… maybe it’s time! Do you think we'll see more of these AI-related brands and domain deals in the future?”

“Apparently Moses used ChatGPT to write the Bible. Last week there was a tweet where someone ran the book of Genesis through an AI writing detector, and it flagged 78% of the text to be written by AI! Pretty funny right? Have you ever experienced an AI fail?”

Prompt of the Week

Use this prompt to guide your ChatGPT conversations towards better business outcomes, making them more efficient and accurate.

Finding ways to save costs is your ladder to success. It's all about striking that balance where your business trims expenses while amplifying profits. This strategy, when executed right, can be the silent powerhouse driving your profitability.

And that's where today's prompt comes into play:

The Results are in:

Last week we asked readers, How do you think education should address the rise of AI?

• 70% said “We need dedicated AI courses in schools and colleges”.

What do we think? We agree with you. Today's schools don't teach the AI skills the job market needs. We think teaching AI skills now is key for using AI responsibly later. With these skills, people can start businesses or add value to existing ones. It's exciting to see fast responses to this need. We see short, informal courses popping up, and entrepreneurs setting up new schools. Even better, some countries like Singapore and Pakistan are training many people to use AI. We think AI is here to solve problems, not make them.

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

Want free stuff?!

Share The Ai Filter with your friends and get free swag! And guess what? The more you share… the bigger the swag! Use your referral link below to start earning The Ai Filter gear.

1 referral = Tote Bag
3 referrals = Stickers
5 referrals = Notebook
10 referrals = Mug
15 referrals = T-Shirt

The Ai Filter, Unfiltered.

Watch as we continue to build The Ai Filter. Hear our failures, our successes, our growth, and more as we make our way week after week through telling our story! We promise to provide some entertainment, tips, and real life experiences in less than 30 minutes. Check it out and let us know what you think!