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Simple secrets about custom GPTs for beginners ✅

Meta releases Llama 3, OpenAI's Assistant API gets update, Microsoft's image-to-video model and more!

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Everyday AI
April 18, 2024

Outsmart The Future

Sup y’all! 👋

You called the shots yesterday and told us that you JUST NARROWLY wanted a beginner’s guide to custom GPTs. (Go watch/listen/read that one here) 

Why not go for round 2? 

What should our show be tomorrow?

You call the shots. Then, we deliver. 

What should tomorrow's show be?

Vote to see live results!

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Side note: After a few hours, we’ll choose the winner. Then, we’ll post the show. Once it’s posted, you can find the show on LinkedIn here or on YouTube here. 

We’ll go live at 7:30 am CST, so join us! 

✌️
Jordan 

Today in Everyday AI
8 minute read

🎙 Daily Podcast Episode: Not sure what GPTs are? Wondering if you should make one inside ChatGPT? We explain how they work and why you should have one. Give it a listen.

🕵️‍♂️ Fresh Finds: Stability AI lays off 10% of workers, Adobe launches new mobile app with Firefly AI and Oracle invests $8 billion in AI. Read on for Fresh Finds.

🗞 Byte Sized Daily AI News: Microsoft unveils image-to-video AI model, Meta releases Llama 3 and OpenAI's Assistants API gets an update. For that and more, read on for Byte Sized News.

🚀 AI In 5: We’re giving today’s episode the AI in 5 treatment and breaking down why you should build a custom GPT. See it here

🧠 Learn & Leveraging AI: If you’re looking to understand what GPTs are or how to build one, we have the perfect guide for you. Keep reading for that!

↩️ Don’t miss out: Did you miss our last newsletter? We talked about Boston Dynamic's crazy new robot, an education expert shares strategies for AI in schools, AMD’s new AI chips for business and a GPT for all-in-one research. Check it here!

Custom GPTs in ChatGPT: A Beginner’s Guide ✅

What the heck is a GPT and do I need one?

The answer is yes.

GPTs take ChatGPT to the next level, allowing you to create custom workflows for your specific needs.

Whether you're a beginner or you've built a GPT or 5, this episode is for you.

Join the conversation and ask Jordan questions on GPTs here.

Also on the pod today:

• Using GPTs in everyday tasks 🛠️
• Monetization of GPTs in GPT Store 💰
• Automating work operations with GPTs 🔁

It’ll be worth your 55 minutes:

Listen on our site:

Click to listen

Subscribe and listen on your favorite podcast platform

Listen on:

Here’s our favorite AI finds from across the web:

New AI Tool Spotlight – Cascadeur is an AI mocap tool, Tabula is AI analytics for startups and Flycode is AI-powered payment recovery.

Trending in AI - Adobe launched a new Express mobile app with its Firefly AI.

Big Tech - Google is forming a new team called "Platforms Devices" to oversee AI integration in Pixel products, Android, and more.

AI Startups – Stability AI has laid off 10% of its workers amid turmoil.

LLMs - Mistral AI has unveiled its groundbreaking Mixtral 8x22B model.

Money in AI - Oracle is investing $8 billion in Cloud and AI Infrastructure in Japan.

AI in Healthcare - NIH researchers have created an AI tool to match cancer drugs to patients.

AI in Politics – The Pentagon had AI face off against a human F-16 pilot.

1. Microsoft's VASA-1 AI: Making Videos from a Single Photo 🎥

Microsoft's latest innovation, VASA-1, can generate videos from just one photo and a speech audio clip. This cutting-edge AI model not only animates still images but also incorporates synchronized facial expressions and natural head movements, elevating the authenticity and liveliness of the generated videos. VASA-1 opens up endless creative possibilities but also fears of AI deepfakes.

2. Meta Unleashes Llama 3 🦙

Meta's latest Llama 3 series introduces two powerful models, the 8B and 70B parameter beasts, setting a new standard in generative AI technology. These cutting-edge models outshine predecessors with their enhanced performance and skill in various tasks, backed by impressive benchmark scores. Meta's bold move challenges industry giants like Google and Anthropic, promising users top-notch steerability, accuracy, and a vast dataset for improved outcomes.

Initial benchmarks from the company look pretty promising:

3. OpenAI's Assistants API Levels Up ⬆️

OpenAI's Assistants API just got a major upgrade, bringing a quicker file search tool that can fetch up to 10,000 files per assistant. The update also introduces vector stores for streamlined file processing and a new tool choice parameter for added flexibility. Developers can now fine-tune models with streaming support, making it easier to build tailored AI assistants.

4. EU Approves Microsoft's $13 Billion Investment in OpenAI 🇪🇺

EU antitrust regulators have given the green light to Microsoft's whopping $13 billion investment in OpenAI, ruling it as not an acquisition to avoid a formal probe. Despite Microsoft's non-voting position on OpenAI's board, regulators are closely monitoring partnerships between tech giants and AI developers for potential market dominance. As Microsoft faces scrutiny from regulators worldwide, its strategic moves in the AI landscape are under the spotlight.

5. Slack Makes AI Features Available To Paid Users 🤖

Slack's latest AI updates, available to all paid users, bring generative AI features to enhance communication and productivity. From daily digests to content-related search tools, Slack AI aims to streamline team interactions and information retrieval. The new AI-powered capabilities include conversation summaries with vital details like action items and highlights, making it easier for users to stay informed.

6. TSMC Dominates Q1 with Record Revenue and Profit 🤑

Taiwan Semiconductor Manufacturing Company (TSMC) outshines with a revenue of NT$592.64 billion in Q1 2024, surpassing expectations. The tech giant reports a 16.5% increase in net revenue from last year, driven by the surging demand for AI chips. CEO CC Wei hints at a bullish outlook for 2024, anticipating robust growth fueled by their cutting-edge technology and expanding customer base. Almost all major AI innovators are turning to TSMC for energy-efficient computing power.

Learn how to make a custom GPT!

Wondering what a Custom GPT is and how it can revolutionize your workflow?

Whether you're a seasoned tech pro or a curious newbie, this guide is your first step towards optimizing your knowledge work using AI.

We break down the essentials of custom GPTs in ChatGPT and how you can tailor this powerful tool to fit your specific needs.

Or see this related video:

🦾How You Can Leverage:

What in the actual heck is a GPT and do I need one? 

If you’ve seen the buzz over the past few months but don’t understand the hoopla, we’ve got you covered. 

Here’s the teaser — you should absolutely be building and deploying GPTs. 

Like…. All the time. 

And it’s a lot easier than you may think.

Today, we went elementary on GPTs, going over the most asked questions, common misconceptions, and a bit of myth-busting. 

If you’re wondering if GPTs are for you or your biz, we answer that and more in today’s show. 

Ready to get down to GPT bizness? 

Here’s the 1, 2, 3 of what ya need to know. 

👇

1 – Your skills aren’t the special 🤷

Not trying to be mean here y’all. We’re not special either.

Just keeping it real. 

(And wanting you to understand how knowledge work…. Works.) 

We assume that most people reading this are knowledge workers. In other words, a company pays you to sit in front of a computer, use your expertise in a certain domain or skillset, and create value for them. 

  • You read. 

  • Analyze. 

  • Prioritize. 

  • Create. 

  • Collaborate. 

  • Repeat. 

Guess what? 

If you know what you’re doing, Large Language Models can do almost all of those things better than us experts.

Hard pill to swallow. But pills are good! 

Think of it this way — how many times a day do you Google something? Or read something from a competitor? Or look up a stat from a white paper? 

Most knowledge workers spend the overwhelming majority of their time repeating manual tasks that AI now does better. 

Try this:

Don’t believe us? Need some high-priced consultancy to convince you otherwise? 

Check this McKinsey digital study that shows how up to 70% of tasks that employees spend their time on today will likely be automated by GenAI.

(They previously said 50%. This report was last updated in June of 2023, so we’d put that number at closer to 85% if we’re being honest.)

2 – GPTs are super simple 👍

Can you order DoorDash or talk to a friend on the phone? 

If so, you can build a GPT. 

The only real requirement (aside from basic communication skills) is a paid ChatGPT Plus account. 

From there, you can talk to the GPT Builder and just describe in plain English what you want it to build. 

Try this:

Yeah, we showed you the backend of building a GPT live today.

But, we also had a dedicated episode on building (and monetizing!) on GPTs hours after they were released. 

3 – Practice makes perfect

Does this whole, ‘spend 10 minutes on a GPT that will save you 10 hours’ spiel sound too good to be true? 

Well, here’s the part that is: simple GPTs sometimes produce simple results. 

Can you create a helpful GPT that saves you hours a week with only a few minutes of setup?

Absotootinglutely. 

Is it going to be perfect? No. 

Like Remy perfecting his ratatouille, practice makes perfect when it comes to optimizing GPTs. 

Try this: 

The great thing here? You can tell the GPT Builder in Builder mode how you want updated in your instructions based on the outputs in the Preview pane. 

Wanna take it a step further? 

Building GPTs requires some prompting basics. 

We cover that all the time in our free and freshly updated PPP course. 

Sound too good to be true? It’s not. 

This 75-minute course will take your prompting (and GPTs!) to the next level. 

⌚

Numbers to watch

85%

According to Microsoft, 85% of Copilot users say that Copilot helps them produce a first draft faster.

(Side note… we wanna talk to the other 15% and see what kinda superhuman juice they’re drinkin.)

Now This …

Let us know your thoughts!

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