DIRS.INFO The most relevant business & tech news

☆ 'Exact same cover letters word for word': Career consultant says Gen Z are misusing AI
▼ + stars: | 2024-05-06 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +2 min

Gen Z are digital natives and have quickly adopted AI, using it for everything from assignment research to planning holidays. "So I speak to businesses and employers who hire anything from like 10 to 1000s of Gen Z every year," Davis said. Davis explained that "employers are getting hundreds of the exact same cover letters word for word," or answers to job application questions that are the same, and suspect that ChatGPT use is in play. And it appears that Gen Z is leaning the most on AI, according to a February Grammarly survey of 1,002 knowledge workers and 253 business leaders. It reported that 61% of Gen Z said they can't imagine doing work tasks without using generative AI — the most out of any of the generations.

Persons: they've, Shoshana Davis, Gen, Davis, Gen Z Organizations: CNBC Locations: India, Germany, Spain, France, Mexico, Brazil

☆ 26-year-old works 20 minutes a day, brings in $462,000 a year from side hustle: I'm 'doing less' and 'making more' than ever
▼ + stars: | 2024-04-11 | by ( Megan Sauer | ) www.cnbc.com time to read: +5 min

Francisco Rivera doesn't even like candles — but he brings in six figures per year selling them on Etsy. For his product, Rivera chose neutral-colored organic candles with "witty" labels, he says. "I'm making more than I ever have, doing less than I ever have," says Rivera, 26. I would take a pay cut if it still allowed me to do what I'm doing [outside of my Etsy shop]. I'm not super passionate about selling candles.

Persons: they've, Francisco Rivera doesn't, Rivera, he'd, he's, —, I'm, it's Organizations: CNBC, YouTube Locations: AskMakeIt@cnbc.com, Orlando , Florida

☆ I started an Etsy candle store last year. The passive income helped me move out of my parents house and travel the world.
▼ + stars: | 2024-04-10 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +5 min

Read previewThis as-told-to essay is based on a conversation with 26-year-old Francisco Rivera, an Etsy seller from Orlando. I manage an Etsy store that made $403,499 last year after Etsy's fees and postage costs. Since starting the store, I've moved out of my parent's house and started renting a studio in Orlando. That's when I realized my Etsy store could replace my income from teaching. Quitting my job was scary, but I knew that even if this particular shop failed, I could set up another store on Etsy.

Persons: —, Francisco Rivera, I've, It's, I'm, I'd, Bali . I've Organizations: Service, Business Locations: Orlando, Texas, Bali ., Belgium, France, New York, Caribbean

☆ More startups are paying for ChatGPT as generative AI becomes a go-to tool for tech employees like engineers
▼ + stars: | 2024-03-26 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +6 min

65% of startups on Kruze Consulting's platform are paying for OpenAI, up from just 3% when the chatbot launched in late 2022. Back then, OpenAI had an API service that one to three percent of his clients were using, Jones told Insider in an interview. At fintech unicorn CloudWalk, which is building a payments network, a few engineers started using ChatGPT Plus on their own and praising the application on company Slack channels. Indeed, the growing adoption of ChatGPT is creating demand for engineers who are especially savvy at using generative AI to get work done more quickly. "The feedback we got, which is indirectly related to our using AI, is that investors didn't understand how our team has so many clients and has built so much," Siegal said.

Persons: Healy Jones, OpenAI, Jones, Luis Silva, Carlyle, Lauder, ChatGPT, Silva, We're, CloudWalk, he's, Anthropic, GitHub Copilot, Jared Siegal, Siegal, Copilot, Axel Springer Organizations: Kruze Consulting, OpenAI's, Business, OpenAI, Kruze, ChatGPT, eBay, Slack, ChatGPT Enterprise, Lauder Companies Locations: Brazil, Kruze, GitHub

☆ Why Stephanie Cohen is leaving Goldman Sachs. The Wall Street veteran opens up about her new move to 'help build a better internet.'
▼ + stars: | 2024-03-18 | by ( Bianca Chan | ) www.businessinsider.com time to read: +11 min

Cohen, 46, will join Cloudflare, a San Francisco-based technology company aimed at helping businesses improve their internet security and performance. It will be a familiar role, as she served as Goldman's strategy chief from 2018 to 2020. Having spent 20 years inking deals within Goldman Sachs' investment banking unit, Cohen is no stranger to the boardroom. "But the reality is, Goldman Sachs is not a technology firm," Cohen said. When she broke the news to Argenti, he told her, 'This is exactly what you should do… this is exactly the right company," Cohen recalled.

Persons: Stephanie Cohen, Cohen, " Cohen, David Solomon, Goldman, Beth Hammack, Cloudflare, Solomon, John Waldron, Matthew Prince, Michelle Zatlyn, Goldman Sachs, it'll, Lloyd Blankfein, Brendan McDermid, Reuters Cohen, they're, I, Stephanie, Prince, she'll, Marco Argenti Organizations: Business, Cloudflare, IBM, University of Illinois, Goldman, Reuters, Financial Times Locations: San Francisco, Utah, Urbana, Champaign

☆ I built up an Etsy store to give me a way out from my stressful day job. I quit, and my store made $347,000 last year.
▼ + stars: | 2024-03-12 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +4 min

I started my Etsy store in 2020 to make money on the side — just enough to pay a phone bill or two. It prompted me to start an Etsy store selling customized digital pet portraits. I'd make text-based designs on Canva and use Printify, a print-on-demand store linked to my Etsy store, to make and send them to customers. My day job made me really angry, prompting me to focus on building my store. Etsy works best if you keep uploading items for saleI spent between two and three hours a day uploading new designs.

Persons: Christina Umerez, I'd, Slack, Etsy, I've Organizations: Business Locations: Toronto, Portugal, Asia

☆ Here's the playbook tech companies like AllTrails, Canva, and Kayak are using to dominate the charts in OpenAI's new GPT Store.
▼ + stars: | 2024-02-20 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +9 min

Its GPT, which generates images from text prompts, is currently ranked second overall on the GPT Store. And all three companies' GPTs have been highlighted at the top of the GPT Store website as "OpenAI's Picks." Advertisement"Sometimes finding trails can be overwhelming because there are so many different places to go," Graham told Business Insider. In addition to GPT Store, companies are thinking more broadly about how AI fits into their business models. "Now we're also investing time in using AI to make our team faster and more efficient, too."

Persons: —, OpenAI, Canva, Anwar Haneef, Matthias Keller, James Graham, Sam Altman, Graham, GPTs, Sam Altman's, Keller, we're, Haneef Organizations: Service, Business, Uber, Sequoia Capital Global, Bessemer Venture Partners, Greenoaks, Booking Holdings, OpenAI, Economic, Canva Locations: Davos, Canva, ChatGPT

☆ Canva says it's investigating claims of 'inappropriate behavior' by former executive
▼ + stars: | 2024-02-16 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Canva is investigating claims of inappropriate behavior by an executive, a representative said. AdvertisementCanva says it's investigating claims of inappropriate behavior by a former executive. "We have a zero-tolerance policy for inappropriate behavior and we're fully committed to thoroughly investigating and actioning any instances of this." Canva confirmed the investigation after users on the anonymous social network platform Blind posted complaints involving former CFO Damien Singh. Another Blind user, who claimed to be “from the People and Legal leadership team,” encouraged Canva employees on Blind to report any misconduct allegations to the company.

Persons: Canva, Damien Singh, Singh's, —, we're, ”, “, Singh, Melanie Perkins, Cliff Obrecht, Cameron Adams Organizations: Service, BI, People, Legal, Australian, Canva Locations: Canva

☆ A telecommunications rep who's sold $25,000 in digital printables since 2022 on Etsy explains how she started and grew her storefront
▼ + stars: | 2024-02-04 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

She gave Etsy another look because it had become a place where she could sell digital printables, meaning there was no need for inventory. Lam found an online Etsy course from a platform called Gold City Ventures and decided to sign up for it. Since 2022, she has sold over $34,000 Canadian dollars ($25,000) in digital printables, according to screenshots of her account viewed by Business Insider. In January 2022, Lam only made a net profit of CA$3.45. However, she began to design Valentine's Day printables that included religious scripture on them, and those sold, she said.

Persons: Claudine Lam, Etsy, Lam, It's, it's, you'll, Patrick's Organizations: Service, Gold City Ventures, Business Locations: Australia, British Columbia, Canada

☆ Wondercraft wants to be the AI-driven 'Canva of audio.' Check out the 9-slide pitch deck it used to raise $3 million.
▼ + stars: | 2024-01-29 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

An AI audio startup founded by former Palantir and Acast staffers has raised $3 million in a seed round backed by investors, including Y Combinator and Diary of a CEO host Steven Bartlett. London-based Wondercraft, founded in 2022, aims to become the "Canva of audio." Nikolaou said he likened the startup to Canva because he wanted to "empower everyone to be an audio creator." With the fresh funding, Wondercraft will develop the platform further and extend a wider range of features to its users. Check out the 9-slide deck used to raise the fresh funds:

Persons: Y Combinator, Steven Bartlett, Dimitris Nikolaou, Youssef Rizk, Oskar Serrander, Nikolaou, Serrander, Wondercraft Organizations: Business, Will Ventures Locations: London, Boston

☆ I quit my 9-to-5 to start an Etsy store that made $510,000 in 2 1/2 years. It meant I could homeschool my daughter while working an hour a day.
▼ + stars: | 2024-01-24 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +5 min

I didn't do enough research for my Etsy store at firstI started my store in July 2021 and connected it to Printify, a print-on-demand site. Working on my Etsy store meant I could homeschool them in 2021 for a year. Since I started my Etsy store in July 2021, I've made $510,500 in sales. AdvertisementI started my own Shopify storeIt's always a good idea to diversify if Etsy changes its algorithm, affecting your store. After that, I decided to focus more on the Shopify store I'd set up the previous summer.

Persons: —, Gina Van De Voorde, Yee, I've Organizations: Service, Business Locations: Fort Collins , Colorado, dropshipping

As 2024 kicks off, the creator economy is having an identity crisis. "The venture-scale generational companies are, yes, creator companies, but they're also typically fitting into another bucket." Why the creator economy has been 'disappointing'Once pitched as a rocket-ship opportunity, service companies in the creator economy that focus on products for influencers haven't delivered, investors and industry professionals told BI. Although the phrase already existed, the world needed a new way to describe this prospering industry, and thus, the term "creator economy" entered the mainstream. Lia Haberman, an influencer marketing expert and instructor at UCLA Extension, described influencer marketing as separate from the services arm of the creator industry that has faltered.

Persons: Grant Long, Koji, hasn't, Rex Woodbury, they're, it's, Woodbury, Figma, haven't, Ollie Forsyth, They've, Benjamin Grubbs, I'm, Goldman Sachs, Lia Haberman, Haberman, upstarts, Logan Paul, KSI, Marshall Sandman Organizations: TikTok, YouTube, Business, VC, UCLA, North, PitchBook, Animal

☆ A 36-year-old mom who left her day job made over $77,000 in 2023 selling digital printables on Etsy. She shares her top 5 tips for getting started without spending any money.
▼ + stars: | 2024-01-13 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

In the summer of 2019, she was listening to a podcast that mentioned side hustles that included selling on Etsy and blogging. The podcast advertised a course from Gold City Ventures that taught people how to create and sell digital printables on Etsy. Jimenez decided she wanted to give it a try and signed up for the course while simultaneously creating her Etsy store. AdvertisementHer Etsy sales began to pick up. "So maybe there's 10,000 people searching for that every month, but there's 100,000 people that have made those cards.

Persons: Rachel Jimenez, didn't, Jimenez, hadn't, I, there's, Etsy, they're Organizations: Service, Claremont Graduate University, Gold City Ventures, Facebook Locations: Etsy

☆ 5 low-lift side hustles to start in 2024 that take only a few hours a week
▼ + stars: | 2024-01-02 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

They shared how they made an additional income from their side hustles while keeping the hours they spent on them to a minimum. He said he decided to sell products on Amazon FBA because it required minimal upfront costs. Alistor spent about 20 hours a week working on his side hustle alongside his 9-to-5 for two years. AdvertisementBut when he was laid off during the COVID-19 pandemic, he began spending 50 hours a week on the business. In 2023, Alistor decided to reduce the hours he spent on his business to 10 hours a week.

Persons: —, Desiree Sandison, Sandison, Heather Johnson, Johnson, I'd, Ben Alistor, Alistor, Seth Sutherland, Sutherland, cohosting, Gaurav Shrishrimal, Shrishrimal Organizations: Service, Business, hustles, Amazon Locations: I'd, Etsy, Reykjavík, Iceland, India

☆ A former teacher and stay-at-home mom has sold over $30,000 in digital printables as a side hustle since 2022. Here are her top 5 tips for getting started without any money.
▼ + stars: | 2023-12-16 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

In February 2022, she came across an article about another stay-at-home mom who had a side hustle selling digital printables that can be downloaded and used on the computer or on paper. It was a combination of modules and live social-media group lessons about how to start selling digital products. The templates required more work because there were multiple pages, and the supply was very saturated, with many sellers offering up similar printables. This will also keep the same customers returning to purchase products that match what they already have. The main thing to note is that the printables should be things that are used in classrooms or homeschooling.

Persons: Chelsea Shelton, Shelton Organizations: Gold City Ventures, Pay, Creative Fabrica, Teachers Locations: Etsy

☆ OpenAI COO Brad Lightcap talks about ChatGPT launch, Dev Day and how Sam Altman thinks
▼ + stars: | 2023-12-04 | by ( Hayden Field | ) www.cnbc.com time to read: +23 min

And I think that's just a testament to the world being really big and messy, and that these systems are still evolving, they're still really in their infancy. That may be a thing that's useful in your work, or maybe a thing that's useful in your life, or it may just be a fun thing – it may just be that you create a funny GPT and it's a cool thing to have. High-level, we always knew that we wanted to have a structure that, at its core, retained the original OpenAI – the OpenAI nonprofit. So that's the first thing to understand, I think, about OpenAI: It's not a normal company in that sense. We have shared that we have an initial board now, and expect to add more board membersWhat's the general mood like at the company right now?

Persons: OpenAI, Sam, Altman, Brad Lightcap, Lightcap, ChatGPT, OpenAI's, Bret Taylor, Larry Summers, Adam D'Angelo, Dev Day, DALL, we'd, doesn't, haven't, they've, – there's, There's, …, We're, we've, Dev, It's, You've, Sam Altman, reappointment Organizations: CNBC, Fortune, Microsoft, ChatGPT Enterprise, OpenAI, OpenAI's Locations: San Francisco

☆ A 27-year-old Etsy seller who went from zero sales in his first 4 months to bringing in $10,000 in a single week explains the low-cost strategy he used to land his first sale
▼ + stars: | 2023-11-29 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

When Austin Ziegler decided to start selling 3D-printed products on Etsy, he knew very little about the marketplace. "I'd heard that if you make stuff at home, Etsy is a good platform to sell on," the 27-year-old engineer told Business Insider. "I didn't make a single sale in the first four months I had it on Etsy," said Ziegler, who opened his online shop, Ziggy Zig Designs , in April 2022. When he took a step back to evaluate his business he realized, "I have zero sales on Etsy, I'm a brand new company, I have no reviews. His ornament even did $10,000 worth of sales in one week in 2023, which Insider verified by looking at screenshots of his Etsy dashboard.

Persons: Austin Ziegler, I'd, he'd, Ziegler, Zig, I'm, Etsy, Joe Reeves, Reeves, that's, Austin Ziegler Reeves, he's Organizations: Business, Amazon

☆ I made $181,000 in revenue last year from my Etsy store. I discovered what made my items sell and learned from 2 big mistakes.
▼ + stars: | 2023-11-28 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +5 min

I was an MRI technologist working in a hospital when I started my Etsy print-on-demand store. When my Etsy store started to take off, I felt like I finally had control over my life. That year I made $250,000 in revenue from my Etsy store. I spent money on Etsy ads to keep traffic coming to my store. I shouldn't have focused solely on adsI spent $5 a day on Etsy ads for a few weeks in 2021 and then stopped running ads until 2022.

Persons: Heather Johnson, I've, sweatshirt, I'd, didn't, should've, Sellers shouldn't Organizations: Business, LinkedIn, Adobe Locations: I'd

☆ I made $34,400 this year selling digital products on Etsy. I only spend an hour a month on it – here's how.
▼ + stars: | 2023-11-21 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +5 min

I sell digital products on Etsy. I'm an introvert and I didn't want to become a creatorI figured I could sell templates to other businesses. I'd group my products into bundles so that business could download a range of digital templates for a set price. I started another shop focused on digital products for wedding coordinators in September 2022. I spend around an hour a month on my shops except for periods when I add new products.

Persons: Desiree Sandison, —, I've, I'd, It's, We've, That's Organizations: Business, Disneyland Locations: Vancouver, Canada, Paris

☆ Why you should care about Sam Altman, Microsoft, and the OpenAI CEO mess
▼ + stars: | 2023-11-20 | by ( Madeline Berg | ) www.businessinsider.com time to read: +4 min

Sam Altman was forced out of his position as the CEO of OpenAI on Friday. The announcement kicked off a weekend of chaos involving Altman, Microsoft, and the firm behind ChatGPT. AdvertisementOn Friday afternoon, the tech world reverberated with news that Sam Altman was being pushed out as the CEO of OpenAI, the artificial intelligence firm behind ChatGPT. Why is it so important that OpenAI and Microsoft figure it all out? To back up: Since 2019, Microsoft and OpenAI, which was founded as a nonprofit dedicated to artificial intelligence research, have worked together.

Persons: Sam Altman, Altman, —, Greg Brockman, Brockman, ChatGPT, Satya Nadella, openai, Claude, Bard Organizations: Microsoft, Service, OpenAI, microsoft, Canva, JetBlue Locations: ChatGPT

☆ Microsoft briefly restricted employee access to OpenAI's ChatGPT, citing security concerns
▼ + stars: | 2023-11-09 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft CEO Satya Nadella speaks during the OpenAI DevDay event on November 06, 2023 in San Francisco, California. OpenAI CEO Sam Altman delivered the keynote address at the first ever Open AI DevDay conference. Having been trained on extensive internet data, ChatGPT composes human-like responses to people's chat messages. Earlier this week, CEO Satya Nadella appeared onstage alongside OpenAI's Sam Altman at the startup's first developer conference. Altman wrote in a post on X late Thursday that, "the rumors that we are blocking microsoft 365 in retaliation are completely unfounded."

Persons: Satya Nadella, Sam Altman, didn't, ChatGPT, OpenAI's Sam Altman, Altman, he's Organizations: Microsoft, CNBC, microsoft Locations: San Francisco , California, OpenAI, Sudan, Israel

☆ How ChatGPT Enterprise has helped Canva save hours of time and build better tools
▼ + stars: | 2023-11-04 | by ( Aaron Mok | ) www.businessinsider.com time to read: +6 min

The graphic design platform used the software to build its own AI tools, Canva's head of AI told Insider. Here's what ChatGPT Enterprise has automated — and what it still has to work on. AdvertisementAdvertisementOpenAI, one of the most influential artificial intelligence firms, rolled out ChatGPT Enterprise, a version of ChatGPT designed for businesses, at the end of August. AdvertisementAdvertisementEngineers used ChatGPT Enterprise to review Canva's blocklist and flag artist names that were similar to dictionary words for human review. While the company expects to keep using ChatGPT Enterprise moving forward, it doesn't plan on shrinking Canva's workforce.

Persons: Canva, —, ChatGPT, Danny Wu, Estée Lauder, Wu, Mark Muro, Thomas Hexton, Andy Warhol, OpenAI's chatbot, They're, OpenAI Organizations: Enterprise, ChatGPT Enterprise, Service, Software, Brookings Institute, Engineers Locations: Sydney

☆ Here's the 6 personality traits you need to found a successful startup
▼ + stars: | 2023-10-22 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

Researchers used AI to determine the personality traits of 21,000 startup founders. They found that the success of a startup is linked to the personality traits of its founder. Here are the six personality traits you need to be a successful founder. AdvertisementAdvertisementA startup founder's personality traits may have a major impact on their company's success, a study published in Nature suggests. AdvertisementAdvertisementThe researchers found that these core personality traits were dramatically different to the wider population, the report says.

Persons: —, Paul X, McCarthy, It's, " McCarthy, Melanie Perkins, Steve Jobs, Richard Branson, Jeff Bezos, Mark Zuckerberg, Larry Page, Sergey Brin, Horacio Villalobos Organizations: Service, Oxford Internet Institute, University of Oxford, University of Technology Sydney, University of Melbourne, University of New Locations: Nature, University of New South Wales, Sydney

☆ Do these 3 things on LinkedIn and you'll be 'head and shoulders above' most on the site, experts say
▼ + stars: | 2023-09-28 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

"LinkedIn is the most important recruiting tool on the internet," says Phoebe Gavin, a career and leadership coach. And you'll want your work timeline to give a good detailed account of what you've accomplished in each role. If you use them, "you're already going to be head and shoulders above most LinkedIn users," says Gavin. Featured links are a 'great way to show proof' of workBelow the banner and the uppermost section of the profile is the featured links section. "If your work or something that you do professionally is linkable, then use featured links," says Gavin.

Persons: Phoebe Gavin, Gavin, —, Angelina Darrisaw's Organizations: LinkedIn, League

☆ I use AI to help me run my wedding business. The tools I use save me 15 hours a week and do the dirty work for me.
▼ + stars: | 2023-09-27 | by ( Jen Glantz | ) www.businessinsider.com time to read: +7 min

Now, she's saving 15 hours a week by using AI tools to write speeches and plan bachelorette parties. I turned to AI to help me scale my business, earn passive income, and do less of the work myself. AdvertisementAdvertisementA year later, I've been able to do that in three ways, while saving over 15 hours of work a week. In the future, I hope to build out a suite of AI tools to replicate more of the services I offer clients. Until then, I'll use existing AI tools to supplement my work.

Persons: Jen Glantz, —, I'm, I've, speechwriting, it's, we've, ChatGPT, itineraries Organizations: Hire, Service

Search resuls for: "Canva"

25 mentions found