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- The DTC AI Digest: Google's Gemini Unleashed & E-commerce Revolution 🌌
The DTC AI Digest: Google's Gemini Unleashed & E-commerce Revolution 🌌
Witness the dawn of a new AI epoch, intertwined with e-commerce transformations and digital marvels. Step into tomorrow, today. 🌌🔗
Steve Kaplan
September 18, 2023
Hey eCommers,
It's your favorite time of the week again, where we delve into the most intriguing, the most inspiring, and the downright coolest happenings in the DTC AI universe 🌌.
First up, we've got an absolute bombshell 💥 for you. Google's throwing its hat into the ring with Gemini AI 🌟, challenging OpenAI's dominance. Exciting times, right?
For my e-commerce wizards out there, strap in, because we're about to journey into the realms of 8-figure hypergrowth 💎. Plus, if you've ever wondered how AI is reshaping the e-commerce landscape, we've outlined five guiding principles 💼 that every business leader needs to know. It's all about that digital transformation, my friends!
Of course, we won't let you leave without feeding your mind 🧠. Stay tuned for a roundup on the most recent e-commerce insights 📊, followed by a step-by-step tutorial from OpenAI 📘. Ever heard of Canva plugin for ChatGPT? Well, you're about to be in the know!
So grab your beverage of choice ☕ (or 🍷, we don’t judge), and let's dive into another exhilarating edition of The DTC AI. Ready? Set. Go! 🚀
Enjoy the read!
Today’s Topics
🌟Essential Revelation Google's Gemini AI: The New Contender Ready to Play in OpenAI's Arena!
💎The 8-Figure Hypergrowth E-com Ecosystem Starts Here
💼AI in eCommerce 5 core principles to guide business leaders through the AI digital transformation
📈3 AI Tools to Make Your Work Easier
🤖AI in Technology
🐉AI Generated Images: From Animation to Reality: The AI Magic Behind Disney's Living Portraits
📊An Exceptional Content Ecommerce Insights and Trends - Maximizing Growth Potential
📘AI Tutorial OpenAI brings Canva plugin to ChatGPT: Here’s how to use
🌟Essential Revelation
Google has given a small group of companies access to an early version of its highly anticipated conversational artificial intelligence software, according to three people with direct knowledge of the matter. Giving outside developers access to the software, known as Gemini, means Google is getting close to incorporating it in its consumer services and selling it to businesses through the company’s cloud unit.
Gemini is intended to compete with OpenAI’s GPT-4 model, which has begun to generate meaningful revenue for the startup as financial institutions and other businesses pay to access the model and the ChatGPT chatbot it powers.
Gemini is a collection of large-language models that power everything from chatbots to features that either summarize text or generate original text based on what users want to read like email drafts, music lyrics, or news stories, the report said.It is also expected to help software engineers write code and generate original images based on what users ask to see.
💎The 8-Figure Hypergrowth E-com Ecosystem Starts Here
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💼AI in eCommerce
As AI evolves and other technologies come into the landscape, your company’s guiding principles will likely change.
AI is seeping into every aspect of our lives, transforming how we live, work, and play. From personalized meal recommendations to groundbreaking advancements in healthcare, AI is everywhere you look.
As generative AI continues to dominate headlines, business leaders must take a closer look at how AI is used in their organizations. While it has the potential to make business processes faster, easier and more efficient, it’s also important to acknowledge that it’s a double-edged sword with both positive and negative effects.
According to a recent survey conducted by Domino Data Lab, 90% of data science executives, leaders, practitioners, and IT platform owners believe that the buzz around generative AI is indeed well-founded. Additionally, 55% of survey respondents anticipate AI to make a significant impact on their business within the next one to two years. The survey, conducted by Domino Data Lab at its Rev4 conference, gathered insights from 162 participants.
One of the most notable impacts of generative AI on businesses will likely be the significant investment required to tailor AI technologies to their specific needs. Companies will face an important decision between developing their own generative AI technologies in-house or adopting third-party commercial offerings.
📈3 Trending AI Tools to Supercharge Your Productivity
ElevenLabs- ElevenLabs is an American software company developing natural-sounding speech synthesis and text-to-speech software, using artificial intelligence and deep learning.
Northbeam- Northbeam is a universal ad attribution platform for media buyers, business executives, and marketing agencies that want to better understand exactly how their ad spend is performing - and how to scale it.
Castmagic- Castmagic is an AI podcast tool that helps you create show notes, timestamps, transcripts, summaries, social posts, newsletters, and various other elements from your audio content. In other words, it helps you streamline your podcast post-production process and optimize content output
🤖AI in Technology
It’s expensive to build the large foundation models that power generative AI, but once they exist, it’s relatively inexpensive to experiment with these models.
The current generation of AI tools and models could help companies speed up 20% of worker tasks without a loss in quality.
Engineering teams are already deploying AI coding assistants, and 75% of executives told us that AI has already met or exceeded their expectations.
Beyond taking current work and making it better, faster, and cheaper, the real value of AI is likely to come from new uses that weren't possible before.
Consultants using AI finished 12.2% more tasks on average, completed tasks 25.1% more quickly, and produced 40% higher quality results than those without. Those are some very big impacts. Now, let’s add in the nuance.
First, it is important to know that this effort was multidisciplinary, involving multiple types of experiments and hundreds of interviews, conducted by a great team, including the Harvard social scientists who ran the experiment on the BCG side, using a full 7% of its consulting force (758 consultants). They all did a lot of very careful work that goes far, far beyond the post. So, please look at the paper to make sure you get all the details - especially if you have questions about numbers or methods.
🐉AI-GENERATED IMAGES
From Animation to Reality: The AI Magic Behind Disney's Living Portraits
📊Ecommerce Insights and Trends - Maximizing Growth Potential
Are you ready to take your e-commerce business to the next level? Do you crave the freedom of running a successful online brand but feel overwhelmed by all the information? Your one-stop resource for expert insights, marketing strategies, and success stories that will empower you to navigate the ever-evolving world of e-commerce like a pro We discuss e-commerce Insights.
Dive into our treasure trove of articles curated especially for passionate entrepreneurs like yourself. Learn how to effectively scale your business without sacrificing your hard-earned freedom or losing sight of what makes your brand unique. With our guidance on legalities, marketing tactics, and real-life case studies from thriving online businesses, you’ll be well-equipped with the tools and confidence to turn those dreams into reality. Don’t settle for mediocrity; embrace the journey and watch your e-commerce empire flourish!
Dive into the full article and embark on a journey of knowledge and understanding. Don't miss out!
📘AI TUTORIAL
OpenAI brings Canva plugin to ChatGPT: Here’s how to use
OpenAI has introduced a Canva plugin for its popular chatbot – ChatGPT. The plug-in is available for download on the ‘ChatGPT plugin store’ and lets users create any visuals like logos, banners and more. While users could use Canva with ChatGPT, the process was a bit complicated and required users to go through a lengthy process. But with the recently introduced Canva plugin, users can generate stunning visuals in a few clicks. Here’s how to setup and use the Canva ChatGPT plugin.