π¬ OpenAI will now let you create videos from text prompts
PLUS: Nearly all wealth gained by world's rich this year comes from AI...
Hey there, awesome readers! Get ready to kick off your Friday with a bang in The AI Journal. We're about to have a blast together exploring the exciting world of AI. Let's buckle up and make this Friday one to remember! ππ
For today we cooked:
π Google updates AI model Gemini, adds 1M context window
π« AI hype is fading, according to earnings calls
π€ Nearly all wealth gained by the world's rich this year comes from AI
(Read time - 5 minutes)
π₯What is hot in the market? Fresh news from the oven
Quick look:
π» Google updates AI model Gemini, adds 1M context window
π€¨ AI hype is fading, according to earnings calls
π° Nearly all wealth gained by the world's rich this year comes from AI
π₯ Richard Branson Signs Open Letter Calling to 'Make AI a Force for Good'
π¨ Tools of the Week
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π AI Apply: Revolutionize Your Job Hunt with AI! Instantly Craft Job-Specific Cover Letters, Resumes, and Follow-Up Emails β All Without Detection!
Deep Dive:
π OpenAI will now let you create videos from verbal cues
OpenAI has introduced Sora, a new AI model capable of generating realistic and imaginative 60-second videos from text prompts. With a focus on real-world interaction and problem-solving, OpenAI aims to push the boundaries of generative AI with this latest innovation.
π‘ Highlights:
Sora: An Advanced AI Model: OpenAI's Sora can generate videos up to 60 seconds in length based on text instructions, featuring multiple characters, specific motion types, and detailed background details.
Impact on Entertainment Markets: AI models like Sora have the potential to revolutionize digital entertainment markets by creating personalized content that can be streamed across various platforms.
Work in Progress and Safety Focus: OpenAI acknowledges that Sora is still a work in progress with certain weaknesses, such as spatial details and cause-and-effect relationships.
Collaboration and User Feedback: OpenAI plans to collaborate with cybersecurity professors and creative professionals to assess potential risks and gather feedback on Sora's usage. Granting access to visual artists, designers, and filmmakers will help collect insights on how creative professionals can leverage the AI model.
π» Prompt of the Week
Best Prompts for Improving your offer
1. You're looking to improve your offer to make it more compelling to potential customers. Discuss strategies you would employ to enhance your offer, such as conducting market research to understand customer needs and preferences better, analyzing competitor offers, adding value through additional features or services, adjusting pricing or payment options, offering limited-time promotions or incentives, and leveraging customer feedback to refine and tailor your offer accordingly.
2. Your offer is not performing as well as you anticipated. Outline steps you would take to identify areas of improvement, including gathering customer feedback through surveys or interviews, analyzing sales and conversion data, seeking input from your sales or customer service team, conducting A/B testing to evaluate different elements of your offer, and implementing data-driven optimizations to enhance its appeal and effectiveness.
3. You want to differentiate your offer from your competitors and stand out in the market. Discuss approaches you would use to make your offer unique and compelling, such as identifying and emphasizing unique selling points or advantages, customizing your offer to address specific customer pain points, incorporating innovative features or solutions, providing exceptional customer service or support, and effectively communicating the value and benefits that set your offer apart.
4. You're in a saturated market and need to revamp your offer to gain a competitive edge. Describe strategies you would employ to improve your offer's market position, such as conducting a thorough market analysis to identify gaps or niche opportunities, segmenting your target audience to tailor your offer to specific customer segments, refining your messaging to communicate your unique value proposition clearly, investing in product or service enhancements based on market trends and customer demands, and cultivating strategic partnerships or collaborations to enhance your offer's perceived value.
π Video of the week
AI Video From OpenAI Just Blew Everyone's Minds! Matt Wolfe 534K subscribers Subscribe
π¨ Image of the Week
Midjourney Prompt: miniature tilt shift photography | an elf healing a bear | dungeons and dragons forest model background | realistic --s 60 --style raw --ar 16:9 --v 6.0
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