😱 Will AI cause a market panick?

Bark! Welcome to Great Robot. We’re like the swashbuckling pirate ship of AI, navigating the tumultuous seas to bring you buried business treasures.

Here’s what course we’re plotting today:

• 🗞️ SEC concerned AI chatbots will cause market panic

• 🗞️ Wix announces AI website generator feature

• 🛠 Podium: Streamline podcast creation process with AI

• 💡Learn to re-create the same AI image with the seed parameter

• 🗞️ CEO predicts AI will be the biggest bubble of all time

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🗞️ News

SEC Concerned AI Chatbots Will Cause Market Panic

SEC Chair Gary Gensler expresses worry over the growing sway of generative AI in finance, emphasizing potential risks tied to institutions sharing AI-curated data for decision-making.

Gensler fears that reliance on flawed AI-derived information could trigger a domino effect of poor decisions across institutions, potentially mirroring the systemic risks seen in the 2008 financial crisis.

Here’s what we know:

• Gary Gensler, SEC Chair, warns that generative AI's influence may lead financial institutions to rely on similar, potentially flawed data

• The use of a centralized dataset or model, as in 2008's financial crisis, is a potential outcome, increasing financial system fragility

• While AI is prevalent in finance, Gensler identified generative AI and large language models as particularly transformative and risky

• He suggests a financial industry-wide rethink on the use of these technologies, alongside updates to current risk management guidelines

Our Take: In the AI business chess game, it's not merely about profiting but also dodging potential financial crises. As we embrace generative AI, vigilance is crucial to prevent a data-induced repeat of historical financial disasters.

Wix Offers Complete Website Building with AI Prompts

Wix, a renowned website builder, is breaking away from traditional template-based methods and has unveiled its innovative AI Site Generator, a tool that allows users to construct an entire website using straightforward text prompts.

The AI algorithm undertakes comprehensive site construction, including design, text creation, and image selection. By leveraging the power of artificial intelligence, the act of website creation is more efficient than ever before.

Key takeaways:

• Wix's new feature, the AI Site Generator, lets users build a fully customized website by just typing in a description and answering a few questions

• The AI generator, combining ChatGPT and Wix's in-house AI tools, will automatically create everything from design to text and images

• Users are asked for their preferred site features and style, leading to a website that's "unique" to them

• The tool aims to make website building faster and more approachable than ever before

• While AI takes the reins, questions remain around user control and copyright issues with AI-generated content

Why This Matters: This AI-driven breakthrough could rapidly enable a professional online presence, even for those without tech expertise. However, unresolved copyright issues require careful monitoring.

🤝 Together With Botpress

Build a Nocode AI Website Chatbot for Free

Get the free 9-step AI chatbot training video series from Great Robot. Increase sales and customer service by engaging users, collecting information, and converting website visitors while answering common questions.

What you’ll learn in the video series:

• How to fully build your AI chatbot's conversational workflow using Botpress

• How to capture user information and push them toward personalized conversion events

• How to create a contextual Q&A that uses AI to answer customer questions

• How to give your AI chatbot a brand-specific personality and deploy it to your website

Don’t delay. Get the free, 9-step AI chatbot training video series today to build a custom AI chatbot for free using Botpress.

🛠 Tools

Podium: Your AI Ally for Streamlining Podcast Production

Suddenly, podcast content creation isn't a herculean task. Thanks to Podium, your AI-powered ally, you can effortlessly generate podcast show notes, transcripts, highlight clips, social posts, and more.

This tool saves you precious time, letting you focus on the essentials while it tidies up the content chores. It's the dawn of a new era in content creation, and Podium is here to guide the way.

How Podium Streamlines Your Podcast Creation Process

Let’s take a look at how Podium unlocks your podcast content with its wealth of helpful AI features:

• AI-Generated Podcast Show Notes: It's like having a trained scribe attending your podcast, ready to jot down the most important parts 📝

• AI-Generated Transcripts: Podium rolls out accurate transcripts at lightning speed that are both efficient and accurate 🎯

• Timestamped Highlight Clips: Don't make your audience play hide-and-seek. Give them the meaty chunks directly 🍖

• Automated Social Media Posts: Automatically create social media posts for your podcast episodes with AI wizardry 🧙‍♂️

• AI Keyword Optimization: Attract more traffic with keywords smartly chosen by AI, because who wouldn't love a bigger pack 🐾

Podium's AI, while impressive, isn't infallible, especially with nuanced contexts or industry-specific terms. Always be prepared to do a final review. Still, it’s a great podcasting option for streamlining your operations. Visit Podium for more!

💡 Tactics

Re-Create the Same Image Output with Midjourney's Seed Parameter

Have you made an amazing Midjourney image you’d like to re-create, but either can’t remember the prompt or can’t get the same output even if you do? Regret no more!

Midjourney's “--seed” parameter is a function that re-creates those fleeting moments of image genius, allowing you to generate the same image with the same prompt.

Key Takeaways:

• Every Midjourney prompt has a unique "seed" number that determines the uniqueness of the prompt's generation

• You can recreate an exact AI output by using the same prompt and its corresponding seed

• To uncover the seed of a specific prompt, simply add an "envelope" reaction in Discord, and you'll receive the seed information via direct messages

Follow These Steps:

1. Determine Your Seed: Add an "envelope" reaction to your chosen AI output in Discord to find its unique seed. Wait for a bit, and your seed info will arrive in your Midjourney DMs. 📩

2. Remember the Seed Number: Jot down or remember the text prompt and its seed number. This combo is your ticket to recreating the AI output. 📝

3. Recreate the AI Output: Go back to your server and input the same text prompt along with the seed number. As soon as you do this, prepare for a trip down memory lane, as the exact AI output makes a grand reappearance. 🔄

For more information on this tactic, check out the full video tutorial.

You can also refer a friend using the share button below to access our full list of AI tactics, which includes both how-to articles and full video tutorials by category👇

🗞️ Small Snacks

A.I. is a $1 trillion investment opportunity but will be ‘biggest bubble of all time,’ CEO predicts

Elon Musk says people can trust his new AI company more than OpenAI and Google

Gen Z is headed for a career calamity, study shows

🎁 Free Gifts

Build a custom nocode AI chatbot for your website with our free 9-step AI chatbot training video series to increase both sales and customer service.

Craft the Perfect ChatGPT Prompts with our free prompt engineering cheat sheet and training video to create the perfect sequence prompts that work every time.

Choose the best AI tools for your business with our full list of top-rated AI software, which includes rankings by category as well as competitor comparisons.

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