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

Elon Musk's xAI rolled out a feature called "More About This Account" for paid users on X, but the results are a bit underwhelming.

Here’s what we have for you today:

• 👎 X's new AI feature disappoints!

• ⚖️ Big Names Under FTC Investigation for AI Pricing!

• 📱 5 top productivity hacks when using ChatGPT on your iPhone.

• 🛠️ 9 AI tools for successful marketing funnels

• 🤖 ChatGPT Prompt Of The Day: Create a formula.

👎 X's New AI Feature Disappoints!

So, you know how Elon Musk's xAI is always testing new AI features on X?

Well, they just launched a new one called "More About This Account" that's supposed to give you (that’s if you’re a paid user) the lowdown on any user's account you either search for or hover on.

It sounds cool, right? But the results are pretty meh; Sometimes, it gets it right, but other times it's just plain wrong!

For example, it thought one guy was a Canada expert just because of his name and mistook a startup executive for a famous cricketer!

And don't even get me started on the generic info it spits out.

In fact, when Grok isn’t getting the information wrong, it doesn’t add anything particularly useful beyond what you can easily learn from the account and bio.

In their defense though, they did warn us about Grok possibly getting things wrong, but come on! Shouldn't it be way better than this?

Especially with its full and uninterrupted access to all of X's data, Grok should be able to give us correct, reliable and more insightful information, don't you think?

This right here reminds us of why we shouldn’t ever completely rely on AI.

Read the full details here and see for yourself!

⚖️ Big Names Under FTC Investigation for AI Pricing!

The Federal Trade Commission (FTC) is investigating eight major companies, including Mastercard, JPMorgan Chase, McKinsey & Co, Accenture, Bloomreach, and others!

Why? Their use of customer data and AI for “surveillance pricing.”

If you’re unfamiliar with the term, it's a practice that allows companies to show different prices to consumers for the same stuff based on things like where you live, what you buy, browse, and even your credit history.

And get this: Many of the companies involved in this are no small fries!

They provide transaction, sales, and pricing services to some of the largest firms in the U.S. and around the world.

Task, for example, manages transactions for bigwig hospitality brands like McDonald’s and Starbucks, while Revionics provides pricing software and analytics to global chains like Home Depot.

Then there's Pros, the self-acclaimed provider of AI-powered pricing solutions, that has clients like Nestlé, HP, and United Airlines and is also a tech development partner of Microsoft.

But dont worry; the FTC isn't messing around!

They've already slapped these companies with orders, aiming to uncover how this pricing practice affects privacy, competition, and consumer rights.

And as FTC Chair Lina Khan puts it "Americans deserve to know if businesses are using detailed consumer data to charge higher prices."

Yeah, wouldn't you like to know?

🧱Around The AI Block

• 📱5 top productivity hacks when using ChatGPT on your iPhone.

• 🛠️ 9 AI tools for successful marketing funnels.

• 🛑 Reddit is now blocking major search engines and AI bots.

• 🤼‍♂️ AI arms race intensifies as OpenAI Introduces fine-tuning for GPT-4o-mini to rival Meta’s new Llama 3.1.

• 🗣️ FTC, DOJ, and international enforcers issue joint statement on AI competition issues.

• ⚖️ How Kamala Harris might regulate AI.

🛠️ Trending Tools

• Firstbase: Simplify launching and managing your US business online with automated company formation, compliance, and growth tools.

• Polywork: Allows you to convert your LinkedIn profile into a beautiful personal website in seconds with AI.

• Insta text: Improves your text with the most productive writing assistant, proofreader, and editor.

• Folk: An intelligent, lightweight, customizable, AI powered customer relationship manager that works for you.

• Optimove: A customer-led marketing platform for your business.

🤖ChatGPT Prompt Of The Day: Create a formula.

Creating formulas in spreadsheets saves time, reduces errors, aids data analysis, enables dynamic updates, and handles complex data efficiently.

Ultimately, it enhances productivity and accuracy.

Here's a prompt that can help you with that.

Generate a formula for [SPREADSHEET_SOFTWARE] based on the information provided below (don’t go over the process unless asked), then provide instructions on how to include it in my spreadsheet.

PURPOSE > {specifying the purpose of the formula in detail}

SAMPLE DATA > {input data}

Source

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.

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