How are consumers using generative AI?

READ TIME - 1 min 58 seconds

Hello and welcome to the Automated, your AI tour guide.

The AI train continues to gain steam, and we're here to keep you charged with the latest spark of innovation!

Here’s what we got for you today:

  • 🤔 How are consumers using generative AI?

  • 🚨 UK unveils 7 bold principles for responsible AI.

  • 📷 How AI-generated video is changing film.

  • 🤯 Microsoft AI researchers accidentally exposed 38TB of data.

  • 🤖 ChatGPT Prompt Of The Day: Generate fresh content ideas from concepts in other industries and niches.

🤔 How Are Consumers Using Generative AI?

It's been an exciting 9 months since ChatGPT hit the scene, changing the game for generative AI.

But other than ChatGPT, how are consumers interacting with generative AI products?

Andreessen Horowitz (aka a16z), a venture capital firm, has provided an analysis that ranks the top 50 GenAI products.

Here are key takeaways from the analysis:

  • Most of the top 50 GenAI products are newcomers, with 80% launched within the last year.

  • ChatGPT represents a whopping 60% of the total traffic among the top 50 GenAI products, with 1.6 billion monthly visits. But keep an eye on CharacterAI, a strong runner-up.

  • Although chatbots like ChatGPT are dominating now, AI companions and content-generation tools are on the rise, with image generation leading the way.

  • Many GenAI products rely on organic growth, with little to no paid marketing — 90% of the companies ranked are already monetizing through subscription models, with an average monthly fee of $21.

  • While most GenAI products start on the web, mobile apps are gaining ground — Companies like PhotoRoom, CharacterAI, and Speechify show strong engagement on mobile, signaling a shift towards mobile-first GenAI products.

This analysis is packed with lots of insights into the evolving world of generative AI.

🚨 UK Unveils 7 bold principles for responsible AI.

The UK's Competition and Markets Authority (CMA) is taking proactive measures to ensure responsible AI development.

They've released a report containing seven fundamental principles to protect consumers and promote healthy competition in foundation models (FMs) like GPT-4 and Meta’s Llama 2.

Here's a quick rundown:

  • Accountability: Developers and deployers are responsible for what FMs produce.

  • Access: Broad access to chips, processors, and training data without unnecessary restrictions.

  • Diversity: Support a variety of business models, both open and closed.

  • Choice: Businesses should have the freedom to decide how to use FMs.

  • Flexibility: Enable the option to switch or use multiple FMs based on needs.

  • Fair Dealing: Prevent anti-competitive practices like self-preferencing and bundling.

  • Transparency: Provide information about FM-generated content's risks and limitations to consumers and businesses.

The CMA plans to actively engage with stakeholders, including tech giants like Google, Microsoft, and Meta, to refine these principles and shape the future of AI.

🧱 Around The AI Block

  • 🤖 Google nears release of its conversational AI software.

  • 🤩 Bird Buddy debuts AI-powered features for its birdwatching app.

  • 📷 How AI-generated video is changing film.

  • 🤯 Microsoft AI researchers accidentally exposed 38TB of data.

  • ❓Questions every VC needs to ask about every AI startup’s tech stack.

  • 🩺 AI’s potential to cure cancer: What Moderna’s CEO has to say.

  • 😲 AI-generated image of Jesus flipping over the tables in the temple.

  • 🤔 Is Salesforce's Next Generation of Einstein the Ultimate Game-Changer in CRM with Conversational AI Assistants?

🛠️ Trending Tools

  • Summit: AI-powered life coach that helps you achieve your goals.

  • RoxyBit: Merges artificial intelligence with digital art and NFTs.

  • AI Storyboard Generator: Create, manage, and collaborate on storyboards, shot lists, and animatics guaranteed to delight clients.

  • MathGPTPro: Advanced mathematics problem solver.

  • MyLessonPal: Create worksheets, quizzes, tests, and more in just seconds.

🤖 ChatGPT Prompt Of The Day: Generate fresh content ideas from concepts in other industries and niche

Exploring content ideas from other industries can help you tap into new audiences.

People interested in those other industries may find your content more appealing, broadening your reach.

Here’s a ChatGPT prompt to generate fresh content ideas from concepts in other industries and niches.

"Please generate fresh content ideas by cross-pollinating my existing piece with concepts from other industries and niches. 

The goal is to create unique and engaging content. Please use the following information to guide your response:

Topic of my existing content: [insert]

Target audience for the new content: [insert]

Please keep in mind that the suggestions you provide should be based on reasoning and ideally backed by relevant data/resources that I can access to form the basis of the content if I were to produce it”

We've Compiled a List of Over 100 ChatGPT Power Prompts.

This should help streamline your interactions with ChatGPT and get the results you need more efficiently.

Best of all, It's free! Click here to get it now.

That's all we've got for you today.

Did you like today's content? Let us know what you think below👇

What do you think of today's email?

Login or Subscribe to participate in polls.

Reply

or to participate.