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☆ More than half of tech workers think AI is overrated, study finds
▼ + stars: | 2023-11-20 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

More than half of tech workers say that AI is overrated, a 2023 Retool report found. More than half of the tech workers surveyed — 51.6% of respondents — say that AI is overrated, the researchers found. Respondents who find AI to be overrated, Hsu said, don't feel like they can totally rely on AI at its current state. AdvertisementEven though some tech workers are skeptical of AI, only 14.4% of those who deemed AI to be fully overrated said their employers were over-investing in the technology. Retool's findings on AI come as workers across tech use AI tools like ChatGPT to write code, analyze data, and troubleshoot bugs.

Persons: —, David Hsu, Retool, haven't, Hsu, Charlie Munger, It's Organizations: Service, Workers Locations: American

☆ 3 ways small-business owners can use ChatGPT to brainstorm ideas, plan campaigns, and create a cheap marketing strategy
▼ + stars: | 2023-11-10 | by ( Erin Greenawald | ) www.businessinsider.com time to read: +6 min

She said ChatGPT helped her cut her launch timeline to about a month and see new possibilities for marketing. Here are three ways these small-business owners have experimented with AI to support their marketing strategies. In October, Alert used ChatGPT to help her conceptualize and organize an influencer event, so she didn't need to pay for an event planner. To help with user research, she asked ChatGPT for ideas about the types of users she might target. ChatGPTSmith said she likes to approach working through ideas with ChatGPT as if she's chatting with a colleague.

Persons: ChatGPT isn't, SBOs, —, Candice Smith, Dion Lamar Mills, Smith, Marina Guastavino, ChatGPT, Guastavino, Marcela Rogante, ChatGPT Smith Organizations: Small, Service, French Press, French Press Public Relations

☆ Wall Street can breathe easy. ChatGPT isn't smart enough to be a financial analyst yet.
▼ + stars: | 2023-11-02 | by ( Aruni Soni | ) www.businessinsider.com time to read: +4 min

ChatGPT wouldn't be able to pass all levels of the exam required to get become a CFA. GPT-4 did better than ChatGPT and could pass the first two levels of the exam with enough prompting. According to a study, ChatGPT couldn't pass the chartered financial analyst exam—a benchmark qualification for many finance professionals across Wall Street. According to the CFA institute, only 38% of test-takers who took the level one exam in February 2023 passed. "GPT-4 would have a decent chance of passing the CFA Level I and Level II if prompted with [few shot] and/or [chain of thought scenarios]," the researchers wrote.

Persons: wouldn't, ChatGPT, —, couldn't, OpenAI —, it's Organizations: CFA, JPMorgan, Service, Wall

Tencent has said it was internally testing its Hunyuan AI model on advertising and fintech. Tencent is integrating Hunyuan's capabilities with its existing products for video conferencing and social media, Tong told CNBC. The company operates WeChat, a widely used messaging and payments app in China, and video conference platform Tencent Meeting. Baidu and several other Chinese companies received the green light in the last few weeks to release AI-powered chatbots to the public. "The constraint that we're facing will hinder the progress, the speed of development," Tong told CNBC in response to a question about U.S. restrictions.

Persons: Dowson Tong, Tencent, Tong, Ernie, ChatGPT Organizations: CNBC, Baidu Locations: China, Beijing

☆ Baidu gets China's green light to release its ChatGPT-like Ernie bot to the public
▼ + stars: | 2023-08-31 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

In this article BIDU Follow your favorite stocks CREATE FREE ACCOUNTPictured here is the Ernie bot mobile interface, with the Baidu search engine home page in the background. Future Publishing | Future Publishing | Getty ImagesBEIJING — Chinese tech giant Baidu announced Thursday its ChatGPT-like Ernie bot was now open to the public at large. Baidu released Ernie bot on March 16. At the time, Li said the company was "still waiting for the green light for large-scale rollout of Ernie bot for use in consumer facing apps." Last week, Opera web browser parent Kunlun Tech released to the public an AI-powered chatbot and search engine called Tiangong AI search.

Persons: Ernie, Baidu, OpenAI's ChatGPT, ChatGPT isn't, China's, Robin Li, Li, Tiangong, Ernie bot Organizations: Ernie, Baidu, Publishing, Getty, CNBC, Google, Facebook, Tech, Microsoft, Bank of America Locations: BEIJING, Beijing, China

☆ The hottest commodity in AI right now isn't ChatGPT — it's the $40,000 chip that has sparked a frenzied spending spree
▼ + stars: | 2023-08-15 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

ChatGPT isn't the hottest commodity in AI right now — it's a chip named Hopper. Nvidia's Hopper, also known as H100, is the workhorse that drives the AI models behind ChatGPT. A mad dash for H100 processors is leading to a shortage. Without them, the advancement of AI models risks grinding to a halt. It also explains why there's been a mad dash to get a hold of H100 processors as the threat of shortage jolts buyers into action.

Persons: ChatGPT, Hopper, Nvidia's Hopper, Grace Hopper, it's, there's, they've, Hong Kong, Elon Musk, Musk, chatbot Organizations: Nvidia, UAE, Financial Times, Reuters Locations: There's, Silicon, Saudi Arabia, China, Hong

☆ ChatGPT isn't good enough to take jobs and is unlikely to cause mass layoffs: 'The hot takes have run into reality'
▼ + stars: | 2023-08-15 | by ( Alex Kantrowitz | Douglas Gorman | ) www.businessinsider.com time to read: +5 min

Kantrowitz writes that AI is still not good enough to handle most jobs. As soon as artificial intelligence began to read, write, and code, all manner of professions were supposed to automate — fast. AI technology, however impressive, is still not good enough to handle most jobs. Such complexity exists in every field, so anytime you see a company announce that it's replacing workers with AI, read that with some skepticism. To be sure, there will be jobs affected by this wave of AI, as when any new technology arrives.

Persons: Alex Kantrowitz, Kantrowitz, —, Sarah Guo, Harvey, hasn't, it's, Daren Orzechowski, Orzechowski, Aaron Levie, Bradley Erickson Organizations: Big Technology, Morning, Allen, Overy, Mayo Clinic, Mayo, IBM Locations: United States

☆ The 'Bitcoin Family' has a special algorithm that tracks moon cycles — and it's helped them gain 50% since the bear market bottom
▼ + stars: | 2023-07-11 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +13 min

Didi Taihuttu in Lagos, Portugal MacKenzie SigalosTaihuttu's indicator considers a mix of inputs, including directional trading data and moon cycles. Moving Average Convergence Divergence (MACD) compares two moving averages of a cryptocurrency's price by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. When the 50-day moving average crosses below a falling 200-day moving average, it is known as the Death Cross , signaling a bear market may be imminent. When the 50-day moving average crosses below a falling 200-day moving average, it is known as the , signaling a bear market may be imminent. Price chart showing the 'Didi BAM BAM' market indicator Didi TaihuttuAnd then there are the intangible price influencers — like moon phases.

Persons: Thailand Didi Taihuttu LAGOS, Didi Taihuttu, Portugal MacKenzie Sigalos Taihuttu's, Bitcoin, Taihuttu, DAI —, Didi, Portugal MacKenzie, Portugal —, Portugal Didi Taihuttu, Mayer, It's, Price, —, I'm, Didi Bam Bam, Thailand Didi, ChatGPT, Goldman Sachs, Marco Argenti, Goldman, Louisa, David Solomon, Morgan Stanley, Morgan, Jeff McMillan, — CNBC's Ryan Browne Organizations: CNBC, Didi BAM, BAM, Bollinger Bands, Bollinger, Lightning Networks Locations: Phuket, Thailand, PORTUGAL, Lagos, Algarve, Taihuttu, bitcoin, Portugal, cryptocurrency, ChatGPT

☆ ChatGPT can only tell 25 jokes, and can't come up with new ones, researchers find
▼ + stars: | 2023-06-10 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

ChatGPT is "fun, but not funny" and keeps telling users the same 25 jokes, according to researchers. In a paper published on arXiv, most of the 1,008 jokes ChatGPT told were variations of just 25. By asking the chatbot "do you know any good jokes?," the researchers got ChatGPT to generate 1,008 jokes. However, more than 90% were the same 25 jokes, the researchers found, with the remainder being variations. Insider asked ChatGPT to tell us 25 jokes to get an idea of what the researchers meant.

Persons: ChatGPT, haven't, Sophie Jentzsch, Kristian Kersting, Bryan Caplan Organizations: Morning, Cornell University

☆ Read ChatGPT's 'insulting' and 'garbage' 'Succession' finale script
▼ + stars: | 2023-05-28 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Here's an AI-generated script of the 'Succession' finale — and what experts thought of it. Next, Insider asked ChatGPT to write a scene from the finale based on that prediction. The most striking difference, he said, is how the AI-generated script contains "zero subtext," which he said "Succession" excels at. Jim Burnstein, another screenwriting professor at the University of Michigan and a WGA member, told Insider the script is "really insulting" and "should be off the table right away." "A bunch of monkeys" can write "Hamlet" better than ChatGPT can write "Succession," he added.

☆ Companies are learning that Gen Z isn’t the easiest generation to work with
▼ + stars: | 2023-05-26 | by ( Mikaela Cohen | ) www.cnbc.com time to read: +3 min

By 2025, Gen Z will account for one-third of the workforce, according to the World Economic Forum. Companies need to refine their approach to working with Gen Z, Salinas said, and tech tools like ChatGPT and social media like TikTok could help make them successful. In return, Gen Z can provide companies with indispensable knowledge of social media and newer artificial intelligence tools like ChatGPT. "A lot of companies see culture as a secondary thing," Salinas said, but with Gen Z it is front and center. "Self-care, mental health, and global issues are important to them and, if it isn't a part of your company culture, that's a huge turnoff to Gen Z employees."

☆ We asked ChatGPT to write a scene from the 'Succession' finale. Experts say it's 'insulting' and 'garbage.'
▼ + stars: | 2023-05-09 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

AI is one of the unresolved issues that has led the WGA to strike, but ChatGPT isn't ready for prime time. Here's an AI-generated script of the 'Succession' finale — and what experts thought of it. To see if AI could actually do the job of a screenwriter, Insider asked OpenAI's ChatGPT Plus to write a hypothetical scene from the series finale of HBO series "Succession." Next, Insider asked ChatGPT to write a scene from the finale based on that prediction. "A bunch of monkeys" can write "Hamlet" better than ChatGPT can write "Succession," he added.

☆ Here are 10 AI-powered tools to help boost your productivity at work
▼ + stars: | 2023-05-09 | by ( Sarah Jackson | Aaron Mok | ) www.businessinsider.com time to read: +8 min

ChatGPT isn't the only AI-powered tool that can help make your job easier. Here are 10 that can help with everything from generating slideshows to writing emails. Tome: Building slide decksIf you make a lot of PowerPoints for work, the app Tome can help you do it faster. Managing your inbox can be a pretty tedious time-suck, but tools like Remail might help you get through emails more efficiently. Brain.fm, an AI-generated music tool, can help users stay on task.

☆ Managers who use AI will replace managers who don't, says an IBM exec
▼ + stars: | 2023-05-09 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Managers who use AI will replace those who don't, Rob Thomas, an IBM exec, said during a press event. Last week, IBM announced the firm will pause hiring on roles that can be replaced by AI. Cutting-edge AI tools like ChatGPT isn't quite ready to replace managers — but those who don't learn how to use AI may be at-risk of losing their jobs. "AI may not replace managers, but the managers that use AI will replace the managers that do not," Rob Thomas, chief commercial officer at IBM, said during a recent press conference, TechCrunch reported. Thomas's thoughts on AI come a week after IBM announced it would pause hiring on jobs that could be replaced by AI.

☆ A consultant used ChatGPT to free up time so she could focus on pitching clients. She landed $128,000 worth of new contracts in just 3 months.
▼ + stars: | 2023-05-08 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Jacqueline DeStefano-Tangorra, the founder of consulting firm Omni Business Intelligence Solutions, started using ChatGPT when it launched last year. In her first three months using ChatGPT, DeStefano-Tangorra booked $128,000 worth of new deals. As a result, the chatbot, she said, freed up her capacity to focus on crafting more business proposals to potential clients. Meanwhile, DeStefano-Tangorra has helped her new clients craft personalized business proposals, customize legal documents, and design sales dashboards with guidance from ChatGPT. She won't stop using ChatGPT anytime soon.

☆ These robot dogs can't bark — but they can speak in full sentences thanks to ChatGPT
▼ + stars: | 2023-05-04 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Boston Dynamic's robot dogs can now speak thanks to OpenAI's ChatGPT, Fast Company reported. Boston Dynamics' robotic dogs may not be able to bark — but they can speak in complete sentences, thanks to generative AI. Using Google Assistant's voice technology, ChatGPT gives the robot dogs the ability to understand and respond to humans face-to-face. When asked a question about the robot's tasks, ChatGPT can interpret it and formulate an answer by analyzing the robot's data, he said. A demonstration of these robot dogs shows they are are capable of answering verbal questions in a clear way.

☆ ChatGPT is more empathetic than real doctors, experts say
▼ + stars: | 2023-05-02 | by ( Aaron Mok | Hilary Brueck | ) www.businessinsider.com time to read: +5 min

Experts found the chatbot's responses to patient questions were higher quality and more empathetic. ChatGPT can still make grave medical errors, but this study suggests AI may improve upon a doctor's bedside manner. ChatGPT may be just as good as doctors — if not better — at responding to patients' medical questions, according to a new study. The chatbot's responses were rated 3.6-times higher in quality and 9.8-times higher in empathy than those of the physicians. But ChatGPT can still make mistakes and misdiagnose, which is why doctors are cautious about letting it loose to patients at home.

☆ China's A.I. chatbots haven't yet reached the public like ChatGPT did
▼ + stars: | 2023-04-28 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Baidu CTO Wang Haifeng speaks at the unveiling of Baidus AI chatbot Ernie Bot at an event in Beijing on March 16, 2023. Those restrictions haven't stopped the Chinese press and social media in general from talking frequently about ChatGPT and AI tech. So far, publicly available figures indicate similar AI products in China are not as widely available. Kunlun claims Tiangong is the only chatbot in China with training metrics at the level of ChatGPT. Some in the industry also expect such AI tools will be easier to commercialize for business products than for public tools such as search.

☆ ChatGPT course instruction is the newest side hustle on the market. Meet the teachers making thousands from the lucrative gig.
▼ + stars: | 2023-04-24 | by ( Aaron Mok | ) www.businessinsider.com time to read: +8 min

ChatGPT course instructors told Insider they have made between $10,000 to $52,000 in a few months. In late December, he launched a ChatGPT course on online education platform Udemy called "ChatGPT Masterclass: A Complete ChatGPT Guide for Beginners." But some struggle to integrate ChatGPT into their workflow, three ChatGPT course instructors told Insider. Skillshare, another online learning platform, offers 61 ChatGPT courses, while online course provider Coursera offers 10, according to searches made at the time this story was published. ChatGPT instructors aren't necessarily AI expertsThe ChatGPT course instructors who spoke to Insider are all self-taught.

☆ ChatGPT is better at predicting how stocks will react to news headlines than traditional models, new study shows
▼ + stars: | 2023-04-12 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

Florida researchers asked ChatGPT to analyze the sentiment of news headlines to forecast resulting stock moves. They said their study "demonstrates the value of ChatGPT in predicting stock market returns." They used this sentiment analysis to compute a numerical "ChatGPT score" and analyzed whether these scores were predictive of the company's stock market performance the next day. The researchers found a statistically significant positive correlation between these scores and the next-day stock performance for the companies they analyzed. "In short, our study demonstrates the value of ChatGPT in predicting stock market returns," the researchers wrote.

☆ I'm a real-estate broker who uses ChatGPT to write my listings. It saves me hours of time, but it's not perfect.
▼ + stars: | 2023-04-11 | by ( Jenny Powers | ) www.businessinsider.com time to read: +7 min

Randy Baruh is a luxury-real-estate broker in New York City who uses tech whenever he can. He's experimented with VR viewers and video content on TikTok and is now using ChatGPT to save time. I'm a luxury-real-estate broker in New York City who's been in the industry for 23 years. The latest thing I've tried is using ChatGPT to write listings for my properties. I recently attended an industry conference, and I can tell you I'm not the only one who sees the benefit of using ChatGPT for work.

☆ How a 23-year-old earned about $35,000 in 3 months teaching ChatGPT to newbies
▼ + stars: | 2023-03-30 | by ( Aaron Mok | ) www.businessinsider.com time to read: +6 min

Lance Junck, 23, earned $35,000 in just three months selling his ChatGPT course on Udemy. In late December, Lance Junck, 23, launched an online course on education platform Udemy that teaches people to use ChatGPT. It starts with how to write your first ChatGPT prompt, then moves into specific ChatGPT applications for businesses, students, and programmers. Within a week, 90 students enrolled in the course, Junck said. He has gotten paid speaking opportunities to teach companies like CEO advisory firm Sage Executive Group and tech news site HPCwire how to use ChatGPT, according to emails reviewed by Insider.

☆ ChatGPT can help you write a standout CV in seconds, job experts say: It's 'the ultimate resume-writing cheat code'
▼ + stars: | 2023-03-22 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

The secret to writing the perfect resume could lie with ChatGPT. Since its launch in November, more jobseekers have tapped the viral AI-powered chatbot to help write cover letters, tweak resumes and draft responses to anticipated interview questions. Out of more than 1,000 current and recent jobseekers polled in a ResumeBuilder.com survey last month, nearly half (46%) reported using ChatGPT to write their resume or cover letter. 'All you need to do is proofread and edit'If you're building a resume from scratch, ChatGPT can help you build a customized template. "ChatGPT can give you clear recommendations for exactly how to do this … all you need to do is proofread and edit as needed."

☆ ChatGPT is the Myspace of AI: It's fun, but it's far from taking your white-collar job
▼ + stars: | 2023-03-18 | by ( Madison Hoff | ) www.businessinsider.com time to read: +8 min

Despite excitement around ChatGPT and GPT-4, there are concerns about AI tools taking jobs. "Artificial intelligence may have a role in displacing, or at least reducing, the need for less skilled workers," Lee said. Hope Bradford, senior director of digital transformation at Kelly, a staffing and workforce company, told Insider that AI tools help HR professionals screen candidates. Are white-collar workers' jobs at risk of being cut because of AI tools? While people have found success and the pros of AI tools, there's still uncertainty about their future and fears still loom.

☆ I'm a high school math and science teacher who uses ChatGPT, and it's made my job much easier
▼ + stars: | 2023-03-14 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Shannon Ahern, a high school math and science teacher, was afraid that ChatGPT would take her job. Here's how Ahern is using ChatGPT to make her job easier, as told to Insider's Aaron Mok. As a high school math and science teacher, I had a bit of an existential crisis over my job. Since then, I've asked ChatGPT to write lesson plans, generate exercise worksheets, and come up with quiz questions. Still, I understand why some teachers are hesitant about using ChatGPT.

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