Read time: 3 minutes

Hey there, AI enthusiasts! Buckle up because this is the day we've been waiting for – the launch of our first-ever AI newsletter. It's like the first day of school, but way cooler and without any math homework.

We're going to dive into some pretty big stuff happening in the AI world right now.

In today's rundown:

🚀 Instagram Could Be Gearing up for AI Chatbot Release

💰 Is the Rising Cost of AI Chatbots a Threat to Quality and Global Expansion?

🌐 Majority of Americans Familiar with ChatGPT, Yet Few Have Tried It

📈 OpenAI Hits the Brakes on GPT-5

🛠️ 3 Trending AI Tools & Resources

📸 Image of the Day: Landmarks of the world, misspelled in Midjourney

- So grab your cup of coffee, sit back, and let's take a journey into the AI world together.

AI NEWS FLASH

🚀 Instagram Could Be Gearing up for AI Chatbot Release

Instagram might soon join the AI chatbot fray, as hinted by leaked images from app researcher Alessandro Paluzzi. While not yet confirmed by Instagram, the rumors point toward an interesting direction:

• The alleged leaks suggest the chatbot feature would allow users to choose from up to 30 AI personalities and assist in crafting messages, making each interaction uniquely engaging.

• Previous ventures into AI chatbots by other companies, such as Snapchat's My AI, have yielded mixed results. Could Instagram's potential venture tip the scales favorably?

  Continue reading here →

💰 Is the Rising Cost of AI Chatbots a Threat to Quality and Global Expansion?

AI chatbots like ChatGPT and Bard come with a hefty price tag, which is slowly becoming a bottleneck to their quality and broader application.

• Limited chip availability and high operational costs restrict the deployment of these models to only a select few companies.

  The financial burden of running these chatbots is pushing even wealthy companies to seek premature monetization.

• According to Tom Goldstein, a computer science professor, the cost limitation leads to the deployment of sub-par AI models, which can produce biased or incorrect results.

• The Biden administration has underscored the computational cost of AI as a national issue, stressing the need for more sustainable systems in the wake of rising computational demands and environmental impacts.

  Continue reading here →

🌐 Majority of Americans Familiar with ChatGPT, Yet Few Have Tried It

A recent Pew Research Center survey indicates a disparity between the awareness and use of ChatGPT among Americans.

• Approximately 58% of US adults are aware of ChatGPT, but only a small portion of these individuals have tried using it.

• Awareness varies among demographic groups, with a higher percentage of postgraduate degree holders, affluent households, Asian adults, men, and those under 30 having heard about ChatGPT.

• Despite its widespread recognition, ChatGPT is primarily used for entertainment, education, or work by just 14% of US adults.

• ChatGPT's usefulness is perceived differently among users. While some find it extremely or very useful, others deem it to be somewhat useful or not at all useful.

   Continue reading here →

📈 OpenAI Hits the Brakes on GPT-5

OpenAI has decided to delay the development of GPT-5, as confirmed by CEO Sam Altman. Amid Microsoft's support, OpenAI continues its careful evaluation of potential risks associated with the rapid advancement of AI technology:

• The institution focuses on ensuring the safety and ethical implications of AI, using techniques like red teaming, external audits, and safety tests as part of their safety protocol.

• With the specter of AI misuse looming, OpenAI emphasizes the necessity of comprehensive precautions before releasing more powerful AI models into the world.

Continue reading here →

AI IN BUSINESS

🤖 AI Prompt Tutorial:

Use ChatGPT as Your Online Business Consultant

Looking to start an online business but don't know where to begin? Or perhaps you've already launched but need advice on growth strategies? Tap into the knowledge base of ChatGPT for guidance on your online business journey.

Try the prompt below:

Act as a seasoned online business consultant. I'm planning to start an online store selling handmade crafts. I need a comprehensive business plan, including strategies for setting up my store, product sourcing, pricing, branding, digital marketing, and customer retention. Your suggestions should be based on current best practices in e-commerce and online marketing. For now, I'm working with a small budget and am interested in low-cost, high-impact strategies.

Here’s the result:

Tailor this prompt according to your business needs. For instance, if you're venturing into affiliate marketing, ask ChatGPT for strategies specific to that field. Or if you're focused on a particular marketing channel like social media or SEO, you can request specialized advice.

While nothing can replace the personalized attention of a business consultant, using ChatGPT can be an excellent first step or additional tool for brainstorming ideas, strategies, and action plans for your online business.

SHARE & EARN

🎁 Get Rewarded

Want all our prompts in one handy database?

We've compiled over 800+ ChatGPT Business Prompts into a user-friendly database, and it's just one referral away!

Get it by referring just one friend!

Here's how it works:

1. Share your unique referral link.

2. They subscribe and confirm.

3. You get access to our exclusive Prompt Database!

AI TOOLS & RESOURCES

⚡ 3 AI tools to supercharge your productivity

AI ARTWORK SPOTLIGHT

📸 Image of the day: Landmarks of the world, misspelled in Midjourney (source)

⭐ Rate Your AI Journey