By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > Small Business > Five Ways Entrepreneurs Can Use Artificial Intelligence
Small Business

Five Ways Entrepreneurs Can Use Artificial Intelligence

News Room
Last updated: 2023/06/01 at 3:31 AM
By News Room
Share
8 Min Read
SHARE

By Amine Rahal, a tech entrepreneur and writer. He is currently the CEO of IronMonk Solutions.

Contents
Blog WritingAdministrative AssistanceSurvey SupportA/B TestingEliminating Stock Photos

Last year saw the release of one of the biggest technological marvels of my lifetime: ChatGPT. After it publicly launched on November 30, my companies had all-hands meetings to discuss how we can adopt this artificial intelligence chatbot to streamline how we do business. Since then, ChatGPT (and its recent successor, GPT-4) has made its presence felt in virtually all aspects of our workplace.

Because ChatGPT is capable of producing human-like text and code, and other OpenAI creations like DALL-E 2 can generate original artworks, many of the creative tasks typically assigned to humans can now be delegated to AI programs. Does that mean entrepreneurs should clean house and send their entire human workforce home? Not at all. At least that’s not what I did. Instead, I’ve leveraged these technologies to streamline our output and make every human on the team more efficient.

Entrepreneurs of tomorrow will have to accommodate AI in their workflow. If they don’t, I don’t think they’ll be competitive enough to go up against those who do. Here are some of the ways in which entrepreneurs can harness AI systems to make their companies more productive and competitive.

Blog Writing

ChatGPT is more than capable of authoring full-length blog posts all on its own, but I wouldn’t recommend it. Why? The text usually turns out to be dry, repetitive and humorless. An AI author is still no match for a skilled human one—at least for now.

Instead, I recommend using AI systems to make blog writing faster and more research-dense. If there’s a particularly fact-heavy part of an article that you’re writing, ask ChatGPT to write that particular section. Then, read the text carefully and edit it to improve flow and continuity before pasting it into your article.

Remember, you want the tone and voice to match in every section of your article. Always double-check whatever output ChatGPT gives you and make changes wherever necessary. You can also paste large segments of your own writing into the ChatGPT prompt and ask it to mimic your unique writing style and tone.

Administrative Assistance

If you need low-level support with content creation, copyediting or simply finding the right phrasing or messaging for an email or press release, ChatGPT can help. Whereas I used to delegate many of these tasks to my administrative assistant, I now free up more of their time by leaning on the expertise of ChatGPT.

For instance, I run any important email to a client or prospect through ChatGPT to make sure there aren’t any typos or tonal errors. Not only has this saved me time I would’ve spent waiting for my assistant’s response, but it has also saved me the embarrassment of having missed a typo!

Survey Support

I often use online platforms to conduct market research surveys. I then share the survey findings on my social feeds or client websites in order to drum up interest in the findings and build organic traffic to the websites.

As a bonus, I like to add ChatGPT’s responses to certain questions. I feel like this can often add an interesting additional perspective to human-generated answers, especially for open-ended qualitative questions, such as “What do you think of the relationship between the stock market and the spot price of Bitcoin?”

ChatGPT is able to provide unique responses that often deviate from those I typically hear from subject matter experts. This appears to be a growing trend, too, as other survey and expert roundups are also starting to include ChatGPT responses.

A/B Testing

If I’m brainstorming a YouTube video title or drafting versions of an Instagram post caption, sometimes I can’t decide between a few options. In the past, I’d fire off my proposed titles or captions to employees or assistants and wait for their response. And while I still do this in most cases, when I’m truly crunched for time, I’ll ask ChatGPT.

ChatGPT tends to prefer titles and captions that have strong calls to action, include a value proposition and are personal. It’s nothing groundbreaking but is a good reminder of what constitutes good marketing copy. So far, it hasn’t failed me.

Eliminating Stock Photos

Goodbye boring, repetitive stock photos, and hello DALL-E 2, an image-generating AI system that creates everything from hyperrealistic photo imagery to abstract artworks. When I need custom art to accompany a blog post, or to come up with a creative thumbnail for a YouTube video, it helps to lean on DALL-E 2 from time to time. Although I find that it is sometimes limited in creating photo-like imagery of people, in my experience it can create super compelling abstract pieces that generate clicks at rates far superior to generic stock images.

Remember that AI is a tool, not a replacement. The best entrepreneurs will use AI to streamline their output and speed up systems that would otherwise depend on time-consuming and tedious human activity. Even the best AI right now cannot replace a qualified human employee in a creative role—rather, it can only enhance what they’re already capable of.

Employers need to keep this in mind as the AI revolution takes off. Keep it human-centered whenever human sensibilities are required. For instance, entrepreneurs may use ChatGPT APIs and other chatbots to handle frontline customer support services. I recommend going against the grain and maintaining a phone number with a real human on the line. This will help your business stand out and build connections between your team and your customers.

In short, entrepreneurs need to know when to use AI and when not to. When in doubt, don’t. But when it comes to mechanical tasks and time-intensive processes like those listed above, you may be better off delegating them to AI to free up more of your time for human-centered work.

Read the full article here

News Room June 1, 2023 June 1, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
US AI laws risk becoming more ‘European’ than Europe’s

Unlock the White House Watch newsletter for freeYour guide to what Trump’s…

Tariffs present ‘significant issues for pharmaceutical manufacturers’

Watch full video on YouTube

Why Americans are falling out of love with Target

Watch full video on YouTube

Trump administration split on when to add Chinese chipmakers to export blacklist

Unlock the White House Watch newsletter for freeYour guide to what Trump’s…

Iveco Group N.V. (IVCGF) Q1 2025 Earnings Call Transcript

Iveco Group N.V. (OTCPK:IVCGF) Q1 2025 Results Conference Call May 15, 2025…

- Advertisement -
Ad imageAd image

You Might Also Like

Small Business

Brilliant Or Lucky? 4 Key Insights For Ventures & Angels

By News Room
Small Business

A Conversation With Agile Expert Harry Narang

By News Room
Small Business

College enrollment is down, Gen Z losing faith in a degree. Here is a better option.

By News Room
Small Business

The Digital Cyrano De Bergerac Of Modern Business

By News Room
Small Business

Why Do We Stay In A Job When We Are Not Happy? Insights To Help You Get The Career You Deserve

By News Room
Small Business

Making A Large Language Model Transparent, Compliant And Reliable

By News Room
Small Business

The Important Initiative For Real Digital Marketing Results

By News Room
Small Business

The Future Of Real Estate

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?