Podcast Summary
Tech Giants Enhance AI Capabilities: Google, Meta, and YouTube: Google refreshes Google Assistant, Meta launches AI-powered bots, YouTube tests AI video summaries, highlighting the importance and competition in advanced AI solutions.
Several tech giants, including Google, Meta, and YouTube, are making significant strides in enhancing their AI capabilities. Google is working on refreshing its Google Assistant to make it more conversational like ChatGPT. Meta is launching AI-powered bots with personas, allowing users to chat with AI as if they were talking to historical figures or characters. YouTube is testing AI summaries for videos, potentially changing the way users consume content. These developments underscore the growing importance of AI in our daily lives and the competitive race among tech companies to provide the most advanced and user-friendly AI solutions. If you're interested in staying updated on the latest AI news and learning how to leverage AI in your own life, make sure to sign up for the Everyday AI newsletter and tune in to the Everyday AI Show daily.
Comparing Free and Paid ChatGPT versions: Upgrading from the free ChatGPT version to ChatGPT Plus offers advanced functionality and productivity benefits, making it a valuable investment for businesses or individuals.
Using the free version of ChatGPT is like using an outdated communication tool, while the paid version offers advanced functionality that can significantly enhance productivity and even help run a business. This was explained during a discussion where the difference between the free and paid versions was compared to using a 1999 flip phone versus a smartphone. The paid version, known as ChatGPT Plus, costs $20 a month and offers features that can act as a fully trained employee, making it a valuable investment for those who can afford it. The host emphasized that if someone can use it correctly, ChatGPT Plus is worth the investment, even compared to spending money on things like coffee or eating out. The discussion also touched upon the potential for having multiple "employees" if given proper training and access to necessary tools. The host encouraged listeners to consider the benefits of upgrading from the free version, emphasizing the potential for increased productivity and efficiency.
Mistake of Using Free ChatGPT for Business Purposes: Businesses can use free ChatGPT for limited tasks, but investing in the paid version offers more capabilities, skills, and time-saving features, making it an essential tool for businesses.
While the free version of ChatGPT can be used for business purposes, it's a mistake not to invest in the paid version. The free version has limitations, such as message limits, and the paid version offers more capabilities and skills, like GPT-4, which can save businesses hours of time with each prompt. The speaker, who has seen many businesses make this mistake, emphasizes that once you learn how to use ChatGPT effectively, the investment will pay for itself quickly. He recommends checking out a free 60-minute course called PPP (Prime prompt polish) to learn how to maximize the use of ChatGPT in your business. While the speaker acknowledges the limits on the paid version, he argues that the benefits far outweigh the costs, and using ChatGPT is essential for businesses, much like using the internet. The free version may be faster, but its capabilities are not as great as the paid version.
Size and Capabilities of GPT 3 and GPT 4: GPT 4, with its larger size and capabilities, generates text faster and without limits while providing more depth, recency, and accurate information compared to GPT 3.
While both GPT 3 and GPT 4 are capable of generating text, the key difference lies in their depth, recency, and the quality of outputs. GPT 3, with its 175 billion parameters, can write quickly and without limits. However, it's like having a high school writer, producing outputs that may lack depth and up-to-date information. GPT 4, on the other hand, with its 1.8 trillion parameters, is a larger and more advanced model. It not only generates text faster and without limits but also provides more depth and recency. The free version of ChatGPT, which is based on GPT 3.5, has a knowledge cutoff at September 2021. This means that it won't be able to provide accurate and up-to-date information on events or topics that occurred after that date. In contrast, GPT 4, with its larger size and capabilities, can provide more accurate and relevant information even on recent topics. Moreover, while both models can hallucinate or provide incorrect information, GPT 4's hallucinations are less frequent and less thoughtless compared to GPT 3.5. However, it's important to note that the default model in GPT 4 should not be used as it may still produce hallucinations. In essence, while both GPT 3 and GPT 4 can generate text, the latter provides better depth, recency, and more accurate information, making it a more valuable tool for various applications, especially those requiring up-to-date and accurate information.
Understanding AI model limitations and proper priming for optimal results: To effectively use AI models like ChatGPT, provide accurate and relevant information, prime prompts correctly, and remember their memory limitations.
While using AI models like ChatGPT, it's essential to provide accurate and relevant information for optimal results. The AI may hallucinate or provide incorrect information if not given proper context or access to necessary data. Think of ChatGPT as a vast database of information from the internet, including biases, lies, and stereotypes. To mitigate this, users must "prime" their prompts correctly and provide the necessary context. The free version of ChatGPT may hallucinate more often due to limited access to data. Jordan, the host of Everyday AI, emphasizes the importance of proper priming, prompting, and polishing in his free Prime Prompt Publish (PPP) course. He compares the course to Fight Club's secrecy, only accessible to loyal listeners. Furthermore, all large language models, including ChatGPT, have memory limitations, meaning they can forget information as the conversation progresses. By understanding these limitations and taking the necessary steps to provide accurate and relevant information, users can effectively utilize AI models like ChatGPT for their needs.
Understanding ChatGPT's Paid Features: Modes and Integrations: Choose the right model and mode for your chatbot needs. Plugins offer versatility, while CodeInterpreter handles complex data. Informed decisions save time and resources.
Integrations and modes are essential features in the paid version of ChatGPT, and they offer significant benefits over the default model. Once you choose a model and start a chat, you cannot switch or modify it, making it crucial to make an informed decision at the beginning. The recommended modes are plugins and CodeInterpreter. Plugins are favored for their versatility and ability to add functionalities like internet access, while CodeInterpreter can process and analyze complex data, including code, photos, and videos. The team at ChatGPT has developed in-house tactics called "genius tactics," which are released through their free courses, providing additional value for users. Overall, understanding the differences between the models and their capabilities can help users optimize their chatbot experience.
Streamline business tasks with ChatGPT plugins: ChatGPT plugins automate tasks, saving time and resources, equivalent to hiring multiple employees for a small monthly fee
ChatGPT's plugins and plugin packs can significantly streamline various business tasks, saving time and resources. From extracting data from lengthy PDFs, creating CSV files, and generating charts, these functionalities can automate what used to be time-consuming jobs. Plugins like CodeInterpreter act as powerful tools, equivalent to hiring multiple employees for a small monthly fee. While the free version of ChatGPT was groundbreaking, the paid version with plugins offers even more value, making it a worthwhile investment for individuals and businesses.
Exploring the Power of Paid ChatGPT: While the free version of ChatGPT is a starting point, the paid version offers superior functionality. Sign up for Everyday AI's free daily newsletter for valuable updates and practical AI knowledge.
While the free version of ChatGPT, which is based on GPT 3.5 technology, has been available since 2020, the paid version offers significantly better capabilities. The speaker, who has been using various AI tools including Jasper, Jasper AI, Copy AI, and even creating tutorials on AI in 5 minutes, found the free version of ChatGPT underwhelming and didn't use it. However, they highly recommend trying the paid version due to its superior functionality. Additionally, the speaker emphasizes the value of Everyday AI's free daily newsletter. They believe it is more valuable than all other resources combined because it not only provides updates and new tools but also breaks down topics and explains how to apply the knowledge practically. The speaker encourages listeners to sign up for the newsletter and join their classes, which are scheduled for today and tomorrow. Overall, the key takeaway is that while the free version of ChatGPT may be a starting point, the paid version offers superior functionality, and Everyday AI's free daily newsletter is an invaluable resource for learning and applying AI knowledge.
Stay informed about AI advancements with Everyday AI's daily newsletter: Sign up for Everyday AI's newsletter to receive valuable insights and news about AI, helping you stay competitive and informed in the ever-evolving world of AI.
Staying updated with the latest advancements in AI is crucial for individuals and businesses to remain competitive. By signing up for Everyday AI's daily newsletter, you'll receive valuable insights and news right in your inbox, helping you to break down barriers and stay ahead of the curve. The world of AI is constantly evolving, and those who fail to keep up risk getting left behind. So, don't wait any longer, visit everydayai.com today and sign up for their newsletter to unlock the full potential of AI in your life and career. Remember, knowledge is power, and staying informed about AI is the key to unlocking new opportunities and innovations. Stay tuned for more insights and discussions on AI and its impact on our world. Until next time!
