Generative AI is the new Iphone! 

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Generative AI is the new Iphone!

No matter how many short comings it may have, it is nothing short of revolutionary! Read on to know more…

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🤖Generative AI's Adoption Skyrockets, Surpassing Smartphones & Tablets

Surprised? Let's dive into the details.

Generative artificial intelligence (AI) tools, especially ChatGPT, are witnessing a surge in adoption, outpacing even the likes of smartphones and tablets post-launch, as per recent research from Emarketer.

Why is generative AI's adoption skyrocketing?

• No New Hardware Needed: Unlike smartphones or tablets, there's no need to buy new devices. Users can access tools like ChatGPT on their existing gadgets.

• Curiosity Meets Accessibility: The low entry barrier combined with the novelty of the technology has fueled rapid uptake.

• Younger Demographics Lead the Way: Generative AI's adoption among 18-34-year-olds is nearly double compared to older age groups. The tech-savvy nature of millennials and Gen Z is driving this trend.

But what's the bigger picture here?

Generative AI reached 100 million users just two months after ChatGPT's launch. For comparison, smartphones took over two years to achieve this after the iPhone's 2007 debut. The adoption rate of generative AI has thus significantly outstripped both smartphones and tablets.

So, what's in store for businesses and marketers?

Its applications range from creating art and poetry to enhancing search experiences. For marketers, this presents both opportunities and challenges. Tools like Google's Search Generative Experience (SGE) promise improved search quality, but there are concerns about the quality of content it might prioritize.

Google's CEO, Sundar Pichai, has praised SGE, but not everyone's convinced. Chatbots and ChatGPT offer potential in areas like customer service and data analysis. However, the human touch remains irreplaceable.

Our takeaway? Generative AI is reshaping the digital landscape, offering unprecedented opportunities.

But, as with all powerful tools, it comes with challenges. Embrace the potential, but tread cautiously, ensuring quality and human oversight remain at the forefront.

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🤩CHATGPT PLUGIN YOU CANNOT MISS FT. AIMASTER

AIMaster is a nifty plugin that brings role-playing to ChatGPT. It offers predefined character prompts to spice up conversations. Think of it as a tool to make ChatGPT wear different hats!

Features

• Character Prompts: Provides a variety of character-based prompts to guide ChatGPT's responses.

• Flexibility: Can be used both within and outside of ChatGPT.

• Interactive: Enhances user engagement by offering diverse conversational experiences.

• OpenAPI Integration: Allows developers to fetch the OpenAPI YAML for integration into other applications.

How to use

• Start a conversation and provide a character name (e.g., "psychologist").

• ChatGPT sends the keyword to AIMaster.

• AIMaster returns the corresponding character prompt.

• ChatGPT uses this prompt to guide the conversation in the character's style.

Use cases

• Entertainment: Spice up casual chats by role-playing as different characters.

• Education: Use character prompts for teaching, like having a conversation with a historical figure.

• Therapy: Engage in therapeutic conversations with characters like "psychologist" or "counselor".

• Storytelling: Craft narratives by interacting with various characters.

• Gaming: Integrate into video games for dynamic NPC (non-player character) interactions.

AIMaster is a fun twist on the ChatGPT experience, offering a splash of role-playing magic. Whether you're looking for a laugh, a lesson, or a story, this plugin's got your back. Dive in and let your imagination run wild!

🤖AI TOOLS YOU CANNOT MISS

🥵HOT TAKES

🤖 Google Ads unveils AI assistant with accuracy concerns

Google Ads introduces an AI assistant in open beta to aid users with account queries. In its early stages, the tool might offer inaccurate answers, prompting a unique disclaimer for users to provide feedback on any errors. Google AI's development encourages marketers to experiment with emerging technologies, emphasizing its role in refining AI's accuracy. Google invites select users for feedback, ensuring iterative improvement.

📱 Amazon trials AI-curated review summaries for US mobile users

Amazon is piloting an AI-powered "customer review highlights" feature that showcases product attributes and gauges user sentiment. Positioned at the top of the review section, it provides quick insights like "Performance" and "Ease of Use". Available to a subset of US mobile users, it aims to improve purchase decisions. With 1.5 billion reviews in 2022, Amazon's feature could impact sales. Its broader AI strategy might soon enhance search experiences and advertising tools.

📈 AI investment could reach $200 billion by 2025, says Goldman Sachs

Global AI investment is set to soar, with a projected total of $200 billion by 2025, marking a 72% increase over three years, says Goldman Sachs. From 2013's $3.2 billion, investments grew steadily, reaching $91.9 billion in 2022. The U.S. dominated with about 51.6% of the total AI investment in 2022. The report emphasizes investment across AI model training, infrastructure, software development, and end-users. Despite rapid growth, AI investment remains a minimal percentage of global GDP but could touch 4% in the U.S. in the long term.

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