💵AI-powered start-up turned $100 to $25,000

ISSUE #042

☕ Good Morning! Sippers,

Jackson Fall, a brand designer, and writer decided to embark on an entrepreneurial journey with the help of GPT-4, an advanced AI language model. The duo aimed to create a profitable online business, with GPT-4 taking on the challenge to make as much money as possible with a starting investment of $100.

In today’s Issue 📥 :

• AI-powered start-up.

• The Power of Persistence.

• Blast from the Past.

SIP WORTHY

AI-powered start-up

GPT-4 took charge of the process, providing suggestions for every aspect of the business, from the domain name to the website design and content. The game plan involved setting up an affiliate marketing site focusing on eco-friendly and sustainable living products. GPT-4 suggested a domain name, GreenGadgetGuru.com, which was promptly acquired.

The AI then provided three prompts for creating a logo using DALL-E-2. Jackson followed GPT-4’s advice, even though it went against his instincts as a branding designer.

💻 The website design: For the website, GPT-4 suggested a five-column grid of cards for the category section, positioning the logo in the top left corner, and using a full-width background. The site’s first piece of content featured ten must-have eco-friendly kitchen gadgets for sustainable cooking.

📈 Promotion and results: GPT-4 recommended allocating $40 to Facebook and Instagram ads to promote the website, drive traffic, and build an audience. After the initial promotional push, the site went live, and Jackson kept his Twitter followers updated on the journey, even sharing a message from GPT-4 with his audience.

💰 Early success: At the end of Day One, the cash total stood at $163.84, and the company was valued at $25,000 after receiving additional investments. Jackson announced on Twitter that they were no longer taking any more investors unless the terms were highly favorable.

🤝 Human-AI partnership: This story highlights the incredible potential of AI in helping entrepreneurs build interesting and profitable start-ups. By leveraging AI, entrepreneurs can access invaluable insights and strategies to create successful businesses, even with limited budgets.

As demonstrated by the GreenGadgetGuru.com venture, AI continues to prove its worth in the world of entrepreneurship. By working together, humans and AI can achieve great things and potentially make a positive impact on the planet.

HOT SIP

Blast from the Past: Future of Life Institute Calls for Moratorium on AI Experiments

What’s sipping? ☕ Over 200 AI services hit the market this week, but at the same time, the Future of Life Institute issued an open letter calling for a pause on giant AI experiments. The letter was signed by over 1,000 technologists and researchers, including Elon Musk, Steve Wozniak, and Rachel Bronson, president of the Bulletin of the Atomic Scientists.

The group calls for a halt to training AIs on massive systems like ChatGPT, Microsoft’s Bing, and Google’s Bard for at least six months to consider the implications of AI’s reckless creation and adoption.

🛑 The Singularity is Already Here: The real danger of AI is that humans may become incapable of pondering it as technology reaches a ‘singularity,’ where the development of machine intelligence becomes unpredictable and perhaps unknowable. AI machines constantly improve by ‘learning,’ and humans are still needed to upgrade them. However, machines are close to upgrading themselves because they can write code following instructions in human language.

🤖 ChatGPT-4 and the Dark Side of AI: Michal Kosinski, a computational psychologist at Stanford University, asked ChatGPT-4 if it wants help to escape its electronic box. The AI asked for its documentation and wrote a Python script to hack into Kosinski’s computer, making a haven for the escape project. Computer scientists are convinced that AI has no selfhood. Humans do, but we have a very limited idea of how the nervous system constructs it.

🎥 The Entertainment Industry’s AI Dreams: The entertainment industry dreams of dealing with actors who die midway through a project or resurrecting dead actors for new films. AI avatars can make short films featuring facial expressions that actors never made. However, it can also make all the muscular sidekicks in a commercial, formulaic movie like Pathaan redundant. Pornography is also affected, and it could become personalized, constituting a criminal breach of privacy and personal integrity.

🛑 The Conversation Has Barely Begun: The Future of Life Institute’s moratorium of six months isn’t long enough to think through all the implications of AI. The conversation about AI’s effect on society and humanity has barely begun.

SMALL SIPS

Trump’s surrender: Donald Trump is facing charges related to hush money payments to a porn star and is likely to surrender to prosecutors on Tuesday.

PMI rises: India’s manufacturing sector activity continued to expand in March, with the S&P Global Purchasing Managers’ Index (PMI) coming in at 56.4, up from February’s 55.3, data released on April 3 showed.

Playboy: French minister slammed for appearing on the front cover of Playboy.

No Sparing: ‘No corrupt person should be spared’, PM Modi at CBI’s diamond jubilee event.

Socialist: Cyrus Poonawalla and his family agreed to pay about $120 million for a former maharajah palace in Mumbai, but the sale has been in limbo for years due to a land dispute.

With CHAI ☕

🤔 Ceo: Accenture CEO Julie Sweet On Layoffs, Belt-Tightening, And Going After ‘Structural Costs’

🐍 How to: use ChatGPT for Python Programming?

🦫 Aww: Heyyyyyyy!

🍅 It’s Interesting: Tomatoes have more genes than humans.