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Good morning, readers! It's Thursday, and we're back with another round of AI news to keep you informed and entertained.

Here's what's brewing today:

• 🖼️ Photoshop's New Generative AI Feature Lets You 'Uncrop' Images

• 🎬 Netflix Lists AI Job Worth $900,000 Amid Twin Hollywood Strikes

• 🏡 Wayfair’s AI Tool Can Redraw Your Living Room and Sell You Furniture

So grab your cup of coffee, and let's get started!

— Alex S, AI Wrap Up

AI NEWS FLASH

🖼️ Photoshop's New Generative AI Feature Lets You 'Uncrop' Images

Source: TechCrunch

The Rundown: Adobe is leveraging its Firefly platform to introduce a new feature in Photoshop that allows users to "uncrop" images.

Key Points:

• The feature, named Generative Expand, is available in the beta version of Photoshop. It lets users expand and resize images by clicking and dragging the Crop tool, which expands the canvas.

• After clicking the “Generate” button, Generative Expand fills the new white space with AI-generated content that blends in with the existing image.

• The generated content can be added to a canvas via Generative Expand with or without a text prompt.

Why it matters: This feature is a game-changer for graphic designers and photographers, offering a new level of flexibility and creativity. It also highlights the growing integration of AI in creative tools.

AI NEWS FLASH

🎬 Netflix Lists AI Job Worth $900,000 Amid Twin Hollywood Strikes

Source: The Guardian

The Rundown: As Hollywood strikes over fair compensation and AI concerns, Netflix has listed a machine learning product manager position with a salary range of $300,000 to $900,000 a year.

Key Points:

• The use of AI in film and television production has been a major point of contention in negotiations between the Alliance of Motion Picture and Television Producers (AMPTP) and the Screen Actors Guild (SAG) and the Writers Guild of America (WGA).

• The position at Netflix is a new role to “increase the leverage of our machine learning platform”, hinting at the company’s farther-reaching goals for AI in “all areas of business”.

Why it matters: The listing underscores the growing demand for AI expertise in the entertainment industry. However, it also highlights the ongoing debate over fair compensation and the ethical use of AI in the industry.

AI NEWS FLASH

🏡 Wayfair’s AI Tool Can Redraw Your Living Room and Sell You Furniture

Source: The Verge

The Rundown: Wayfair has launched Decorify, a free “virtual room restyler” that uses generative AI to show you a redecorated version of your room.

Key Points:

• After you upload a picture of your room and choose a visual style, Decorify uses an AI model to create new imagery, showing you a redecorated version of your room.

• If you like what you see, you can pick from a grid of furniture recommendations presented to the right of your AI-remodeled room.

• Wayfair plans to fine-tune its model to add “proprietary branding data” so the designs it produces will have more “1:1 matches of Wayfair products.”

Why it matters: This tool is a great example of how AI can enhance the online shopping experience, making it more personalized and interactive. It also shows the potential of generative AI in the retail industry.

That's all for today's brew! Remember, knowledge is power, so share this newsletter with your friends and colleagues. Stay curious, stay informed, and we'll see you tomorrow for another round of AI news!

—Alex S, AI Wrap Up

AI Prompt Tutorial

🤖 AI Prompt Tutorial:

Tutorial: Optimize Your Sales Funnel with ChatGPT

A well-structured and efficient sales funnel is crucial for any business aiming to convert leads into loyal customers. Whether you're a seasoned sales expert or a beginner, analyzing and optimizing your sales funnel can be complex. ChatGPT can provide insights and suggestions based on historical best practices.

Try the prompt below:

 Act as a seasoned sales expert. I run an e-commerce store selling fitness equipment. I'm seeing a lot of potential customers drop off at the consideration stage of the sales funnel. Could you provide me with a detailed analysis of possible reasons for this trend and strategies for optimization? Please include steps for identifying bottlenecks, engaging potential customers more effectively, and improving overall conversion rates, based on well-established sales principles and techniques.

You can adjust this prompt to suit your specific sales funnel needs. Whether you're running a SaaS business, a consulting firm, or an e-commerce platform, you can ask ChatGPT for tailored advice.

AI TOOLS & RESOURCES

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