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Plus: OpenAI Reveals SearchGPT

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Welcome AI-Powered Leaders!

Good morning. Today's top story is OpenAI’s new SearchGPT.

In today’s topics:

  1. Meta Llama 3.1 for Business

  2. Market Penetration Opportunities - Prompting

  3. OpenAI Reveals SearchGPT

Read Time: 6 Minutes

PROMPTS

Meta Llama 3.1 for Business

As you may know, Meta has announced their latest model, Llama 3.1, and has drawn the attention of the entire AI world. With this model, Meta increased its AI model capabilities. According to their findings, their flagship model is highly competitive, for most tasks, with the state-of-the-art foundation models including GPT-4, GPT-4o, and Claude 3.5 Sonnet. Furthermore, their smaller models turn out to be quite competitive against closed and open models of about the same number of parameters. Since Llama is quite competitive and effective as a business, people would like to harness it, but in order to get effective output, right prompting is needed. In the below, we will be sharing three simple general business prompts that are created with proper technique for business use cases.

Prompts

1.Market Research

Act as a marketing specialist and help me conduct a comprehensive market analysis for our company. Here is the  information:

Industry: [Industry]

Company Description: [Company Description: ]

Perform thorough research on the industry, analyze market trends, competitors, and target audience, and provide insights and actionable recommendations.

2. Problem Solving in Business

Our business is described as [company description] and sells [products]. We have been facing the issue of [Problem (for example, declining customer satisfaction)]. Please provide a detailed, step-by-step guide to help us solve this problem. Include strategies for identifying the root causes, implementing solutions, and measuring improvements.

3.Product Idea Generation

Generate a disruptive product idea for our company which is described as [Company Description] and sells [Product].

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LATEST NEWS

OpenAI Reveals SearchGPT

The Veroneus: OpenAI just announced a new prototype of AI-driven search engines, known as SearchGPT. It unleashes the power of AI models with the power of the Internet to give users correct answers in time from relevant sources—straightforwardly taking on the existing momentum of Google in search.

The Details:

  • SearchGPT organizes search results in briefs with attribution links and allows for follow-up questions. While still in prototype, the eventual goal of the company is to embed features from SearchGPT right within ChatGPT. It is just like Perplexity AI. In our previous newsletter, we’ve mentioned Perplexity AI while sharing insights about AI-powered research. You can check it here.

  • To get access first of all, log in to your ChatGPT account; then, at this link, you will be able to request a position in the SearchGPT waiting list. (At first, the prototype is powered by GPT-4 and will be available to 10,000 test users.)

The Significance: OpenAI can disrupt the search engine market, changing everything about how users now engage with online information and turning into a true threat to Google's time-honored supremacy over search. It can also have a potential impact on traditional SEO practices in the future.

PROMPT

Market Penetration Opportunities

Use the prompt template below to discover, penetrate the market with new opportunities, and gain a competitive advantage in your market:

Analyze potential new market opportunities for our company to gain a competitive advantage in our current market and penetrate it further. Here's our current situation:

Core competencies: [LIST] 

Current Market: [DESCRIBE]

Industry: [DESCRIBE INDUSTRY TRENDS, COMPETITION, REGULATIONS, ETC.]

Available resources: [LIST KEY RESOURCES/CONSTRAINTS] 

Provide a ranked list of the most promising opportunities with a maximum three strategies, including estimated timelines for entry, potential challenges, and high-level strategies for successful market penetration.

Example fill-out:

Analyze potential new market opportunities for our company to gain a competitive advantage in our current market and penetrate it further. Here's our current situation:

Core competencies: [Advanced data analytics, robust supply chain management, innovative product development] 

Current Market: [Mid-sized urban areas with a focus on eco-friendly consumer products]

Industry: [The eco-friendly product industry is growing rapidly, with increasing consumer demand for sustainable options. Competitors include both established brands and new startups. Regulatory requirements are becoming more stringent, particularly around environmental impact and product labeling.]

Available resources: [Strong R&D team, extensive distribution network, limited marketing budget, established relationships with key suppliers] 

Provide a ranked list of the most promising opportunities with a maximum three strategies, including estimated timelines for entry, potential challenges, and high-level strategies for successful market penetration.

Response:

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