Insights For Entrepreneurs From AI ChatGPT’s Latest Updates


OpenAI, the creators of the generative AI ChatGPT announced on X this week that two new features have been added to the program.

Firstly, ChatGPT is no longer limited to data before September 2021. It can now surf the internet to provide users with up-to-date results.

This function is currently only open to Plus and Enterprise (paid subscription) users but will be rolled out for all users soon.

Secondly, over the next couple of weeks, ChatGPT Plus users can present images and speak to the program. The program will be able to talk back.

Whilst OpenAI has suggested using these features to help plan a vacation or settle a dinner table debate, this latest evolution is a game changer for small business owners and entrepreneurs.

What Does This Mean For Entrepreneurs?

The browsing function can be used for;

  • Researching current SEO keywords. ChatGPT can then write blogs to help a business increase its search engine rankings.
  • Asking specific questions about consumers to help with the latest market research.
  • Gaining current insights on industry regulations and compliance requirements.
  • Generating content for websites and social media that is more in tune with current trends and industry information.

The see, hear and speak functions can be used for;

  • Analyzing or simplifying graphs to help with understanding data for both leaders and other members of staff.
  • Creative ideation with the program that doesn’t rely on the written word and therefore will expand possibilities. For some, speaking and listening is more effective than reading and writing.
  • More accessible planning, research and content generation.
  • Practical problem solving. For example, a manufacturer could take an image of a technical issue on a machine and as well as upload this image, could describe the issue. ChatGPT can then help advise,

Whilst these features promise more efficiency and organization, it’s important to be mindful of misinformation that could be embedded in the results from ChatGPT.

However, it is undeniable that tech-minded entrepreneurs will gain leverage in the world of business because of these updates.





Source link: https://www.forbes.com/sites/byroncole/2023/09/29/insights-for-entrepreneurs-from-ai-chatgpts-latest-updates/

Sponsors

spot_img

Latest

Crypto in 2023: 10 Things to Be Excited About in the Next 12 months

The final day of our ‘12 days of Cryptomas‘ feature series is upon us. There have been times this year when 12 days...

How to Start Investing in Real Estate With as Little as $5,000

Opinions expressed by Entrepreneur contributors are their own. Investing in real estate...

Privacy Enhancing Technologies (PETs) Prize Challenges winners – UKRI

The PETs Prize Challenges: a bilateral collaboration to empower and protect The PETs Prize Challenges were...

Knicks’ full playoff schedule for first round of 2024 NBA postseason

The Knicks' full schedule for the first round of the 2024 NBA playoffs is out.New York will face the winner of Wednesday's Play-In...

Are 'Unplug Days' Just Another Workplace Gimmick? Research Says They Might Be the Key to Ending a Really Big Problem.

This emerging trend is designed to combat burnout and promote work-life balance, and thus boost productivity. Source link: https://www.entrepreneur.com/growing-a-business/do-unplug-days-lead-to-productivity-the-answer-may/458809