How to Improve Your Business Model Using AI

Identifying Faults in Business Models

Welcome back folks to the grandest AI newsletter that keeps you informed.

Here’s what we have lined up today:

  • 🧠 How to stay updated on the impact of AI on healthcare (underrated and important)

  • 🗞️ AI restoring the dead (let me explain), Apple is hiring, Google’s new coding assistant.

  • 🖥️ Get ideas on how to improve your business models with AI

Let’s get into it!

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  • Ever missed someone who's no longer here and wished for one last chat? That's exactly what's happening in China right now - with the help of AI, people are creating 'grief bots'. People are mirrorring the personalities of their loved ones in a digital space to say a final “goodbye”.

  • These AI pals aren't just about the past - they're changing our future. With people finding comfort in digital interactions, it makes you wonder - are we on the cusp of a world where AI isn't just about convenience, but also a part of our emotional wellbeing?

  • Apple's got its eyes on the future, folks! They're on a serious hiring spree for talent in generative AI, signaling a big shift in their tech focus (I’m excited!)

  • Recently, we talked about how Apple banned ChatGPT in their workspace. Apple's concerns about data leaks through AI platforms might just be the push the industry needs to innovate while keeping our data safe.

  • Google's new AI assistant, Codey, is like a buddy who can turn your words into code and even finish your sentences when you're coding and get stuck. And the cherry on top? It's built on Google's latest and greatest language model, PaLM 2.

  • The secret sauce behind Codey is a mountain of quality, freely-licensed code, which is like the AI equivalent of learning from the best teachers. And the fact that it's built especially for Python and Colab (Google’s coding platform) shows how Python continues to be the cool kid in the coding world.

🖥️ Prompt: Improve Your Business Model Using AI

There are so many reasons businesses want to change their approach like expanding into new markets, survival in the competition, etc.

Changing a business model is a complex decision that requires careful planning, analysis, and consideration of potential risks and rewards.

In that process, this prompt will help you to find the right direction.

✍️ Try the prompt for yourself:

Analyze [business] and [business model]. Consider the market space and find the faults that could make businesses fail or slow down. Update the [business model] to solve all the faults you find.

Business = [Insert Here]

Business model = [Insert Here]

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👋 See You Tomorrow

That’s it for today folks! Let me get back to building. I’ll see ya tomorrow.

In the meantime, if you want live updates, follow @aaditsh and @neatprompts on Twitter.

PS. I write this newsletter for you. So if you have any suggestions or questions, feel free to reply to this email and let me know!