🦾 OpenAI Delivers Big Business Boost

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What's up Vibes Gang? I want you to close this email after reading it and be like “ F!ck that was worth it”, you have learned something important.

So no BS, Just Jokes and Information, Let’s get into it!

Highlights of today's Newsletter

• 🤺How To Predict the Unpredictable Using Scenario Planning

• 🆕 Meta New Model Can Translate Nearly 100 Languages

• 🚀 OpenAI Enables Businesses To Fine-Tune GPT-3.5

• 🛠 New Tools And Prompts To Boost Your Productivity

HOW TO PREDICT THE UNPREDICTABLE USING SCENARIO PLANNING

Scenario Planning is basically a fancy term for "what-if" planning.

It is like playing a game of chess with your business. You have to think about what will happen next and make smart choices today for a better future.

Just like in chess where you try to guess your opponent's next move, in business you make plans for different things that could happen in the future.

This helps you to be ready for anything.

The uncertainties in business make scenario planning a do-without. Market conditions, technology, and consumer behaviors can shift almost overnight.

If you prepare for different situations, you can act quickly and outperform competitors who get caught off guard.

More to that, knowing possible scenarios helps you divide resources more efficiently.

To make scenario planning work for you, you will need to identify driving forces.

Changes like more or less money, new tools, or what other businesses are doing can change your business.

Let’s say you own a restaurant, you will have to plan if a new food trend becomes all the rage. Or a food scandal affects consumer trust.

These driving forces shape the best and worst-case scenarios.

Most likely, the future will be somewhere in the middle of your extreme outcomes. So create 2-4 plausible scenarios that might happen.

You sure need to outline the steps you would need to take in each scenario. This could include developing new products, entering new markets, or restructuring.

Do not forget to keep an eye on the driving forces and adjust your scenarios and plans as necessary.

The great news is, you don't have to tackle this complex task alone, as it could be both time-intensive and perplexing.

Here's how ChatGPT can assist you with the aid of a prompt.

Prompt: Predicting the Unpredictable Prompt

Scenario planning isn't about predicting the future, it is about preparing for it.

A well-prepared business can adapt and thrive no matter what comes its way. So, why not take some time this week to think about your own 'what-if' scenarios? Your future self will thank you!

Vibes Bytes

 META NEW MODEL CAN TRANSLATE NEARLY 100 LANGUAGES

Meta has launched SeamlessM4T, a new translation model capable of handling nearly 100 languages in various formats, including speech-to-text and text-to-text. It also has the unique ability to detect when a speaker switches between languages within a sentence. The model aims to improve content moderation and reduce language barriers. It also includes features for identifying toxic words and mitigating gender bias in translations.

 OPENAI ENABLES BUSINESSES TO FINE-TUNE GPT-3.5

OpenAI now allows businesses to fine-tune their GPT-3.5 Turbo model for specialized tasks. This custom training will also be available for the more advanced GPT-4 later this year. These specialized bots can handle tasks like brand-consistent messaging and routine coding. Pricing is set at $0.0080 to $0.0120 per 1,000 tokens, depending on the operation. Microsoft offers similar customizable GPT-based models.

In Other News

Prompts

IF CHATGPT DENIES A RESPONSE, JUST EDIT THE PROMPT BUT CHANGE NOTHING THEN “SAVE AND SUBMIT”

AI Art Prompt Engineering

To use this prompt Go to Midjourney

Prompt: Funny french bulldog, masterpiece, focus, colorful dynamic background, detailed, rich colors

Coolest Tool of the day

Not Sponsored

Our AI tool of the day is Drumroll Please: Bloc

Turn your knowledge base to AI chat in 2 minutes and share

Cool Tools To Boost Productivity

• ✏️ Vscoped: Quickly and accurately transcribe TikTok, YouTube short, or long-format videos.

• 💬 Typee: Customizable chat settings, and an intuitive interface to facilitate smooth and efficient conversations.

• 📩 Sentient Email: Employs sophisticated algorithms to generate appropriate and well-written replies, making email communication effortless and efficient.

Cool Tools For Fun

• 🤩 Storia Textify: Replace the text in AI-generated images with text of your choice.

• ✈️ Routeperfect: Itinerary planner and booking tool designed to help travelers create personalized and optimized travel plans

• 😃 Encouragebot: AI-powered tool designed to provide personalized encouragement and motivation to users.

Valuable AI Reads

• Meta confirms AI ‘off-switch’ incoming to Facebook, Instagram in Europe

• Hollywood studios offer new proposal for AI and data transparency to curb strike

So there you have it! The AI With Vibes newsletter. Hope you enjoyed it, any form of feedback is valuable!

- Dhanvin

Ya and remember… be good to robots they have feelings too.