This Week In AI For Business

The Gen Z AI Divide, Boosting Small Business with AI & Transformation Essentials

Author

Gary Cheung
September 19, 2023

Here's your quick scoop:

  1. 🎨 While some artsy folks are debating if AI-made art is legit, the Gen Z and Millennial gang are loving generative AI. Over half feel AI amps up their lives, and they're keen on businesses using it for cooler content and products.

  2. 🛍️ When it comes to shopping, they're all about AI making things snappier. They want it to predict what they like and deliver super personalized experiences (think of it as having a robot BFF who knows your fave pizza topping!).

  3. 🚀 On the pro side, marketers and business buffs are hopping on the AI train BIG time. With almost everyone seeing the perks (like killer content and smarter customer paths), it's pretty clear: AI's the future, especially if you're keen on impressing the younger crowd.

Takeaways

  1. 🚀 Kickstart Ideas & Build Your Brand: AI isn’t just for big tech! Use it to validate fresh business ideas and create a brand that sticks. It's like having your personal brand guru that knows exactly what your customers are feeling.

  2. 🤖 Always-On Customer Service: Hey, ever thought of hiring a 24/7 assistant? Chatbots are here to help! They answer queries, set up appointments, and even assist in purchases while you catch some Z's.

  3. 🎯 Marketing & Advertising on a Budget: Let AI be your marketing whiz. It'll customize your outreach, stretch your ad dollars, and even give you the 411 on what your customers really want.

  4. 📈 Streamline, Analyze & Expand: Drowning in paperwork? AI’s got your back with document management. Plus, it'll show you all the juicy analytics, help you price products just right, and even suggest new areas your business could dive into!

Takeaways

  1. 🤖 AI’s Everywhere - Time to Jump In!: AI isn't just for Netflix recommendations anymore; it's redefining industries, even the market research world. Sure, it has its challenges like possible fraud, but imagine the magic of enhanced customer understanding and predicting trends! And remember, every tech has its ups and downs.

  2. 🚀 Charting the AI Course - Slow & Steady or Fast & Fierce?: When it comes to AI, it's not a one-size-fits-all. You could take baby steps, integrating AI bit by bit, or go full throttle. My gang and I chose to move swiftly, learning as we go. But hey, every business vibe is different. What's yours?

  3. 🤝 Partnerships & Guiding Lights: You don’t have to go solo on this AI journey. Collaborate, find those techie partners, and let’s not forget the ethics in all of this. Set up guiding principles, they're like your AI compass; they’ll help you navigate the AI maze and keep you on track.

The technology adoption curve is a commonly used graph to represent the adoption of technology by organizations. Here we place where ChatGPT and Generative AI sits in the technology adoption cycle.

AI Prompting Tricks

Ready for some top-notch ChatGPT tips to get the best out of your prompts? 🚀

  1. Show & Tell: When asking ChatGPT for a writing hand, why not give it a peek at what you're aiming for? Something like: "Yo ChatGPT, check out this letter I scribbled down earlier. Can you whip up something in the same vibe? [Drop your sample right here]"

  2. Dress-Up Time: Ask ChatGPT to step into some cool shoes, whether it's channeling its inner CEO or transforming into a McKinsey maestro. It's all about setting the scene for an epic response!

Free Prompt Of Week:

This is a useful prompt for those interviewing. The following prompt will let you practice interviewing for a role using ChatGpt as a mock interviewer. 

I want you to act as an interviewer. I will be the candidate and you will ask me the interview questions for the position position. I want you to only reply as the interviewer. Do not write all the conservation at once. I want you to only do the interview with me. Ask me the questions and wait for my answers. Do not write explanations. Ask me the questions one by one like an interviewer does and wait for my answers. My first sentence is "Hi"