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Good morning, aspiring leaders of the next-gen! ☀️

🙏🏼 Here’s what’s going on today in the AI space…

ChatGPT's mobile app revenue has experienced its most significant surge following the launch of GPT-4o, signaling strong consumer interest and commercial success for the updated AI model.

Jolla has introduced a new line of privacy-focused AI hardware, targeting users who prioritize data security and personal privacy in their tech devices.

Microsoft is redefining its Windows operating system by aiming to transform it into an AI-powered platform. The launch of Copilot+ PCs is part of this strategy, designed to integrate AI deeply into the user experience, making Windows more interactive and intuitive.

A firsthand review of Microsoft’s new AI-focused PCs suggests that Windows has become exciting again, with innovations that enhance everyday computing tasks through AI integration.

In a bold strategy to lead in the AI space, UK-based company k Parent plans to give away its AI technology for free, aiming to accelerate adoption and development across the tech industry.

Experts warn that the world is ill-prepared for the rapid advancements and breakthroughs in AI, highlighting the need for more robust frameworks and preparations to address emerging AI challenges effectively.

These stories illustrate a transformative day in AI and technology, with significant implications for software development, privacy in technology, and global readiness for AI advancements.

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⬆️ ️ Trends: Real-life Examples of How Businesses Implement AI ⬆️ ️

Here’s how AI is transforming various sectors: AI personalizes user experiences by analyzing data to tailor services and content to individual preferences. It optimizes operational efficiencies through automation and predictive analytics, reducing costs and improving performance. Additionally, AI enhances decision-making with deep learning models that provide insights and foresight, enabling proactive strategies across industries.

Traditionally slow to innovate, the real estate industry is now embracing artificial intelligence (AI) across both commercial and residential sectors. With vast amounts of data involved, AI's impact on real estate is profound, transforming appraisals, property viewing, smart home management, and more.

Understanding AI in Real Estate

AI enables computers to perform tasks that typically require human intelligence. Machine learning, a common AI application, uses large data sets to recognize patterns, analyze data, and forecast trends. This capability is particularly useful in real estate for tasks like property valuations and market predictions.

5 Key Uses of AI in Real Estate

1. Predictive Analytics

   • AI-driven predictive analytics are crucial for property valuation and market forecasting. Platforms like Zillow and Redfin use AI to provide property estimates, personalized recommendations, and even chat-based search tools to help users find their ideal homes. Investors and agencies use AI to predict market trends, aiming to buy and sell at optimal times.

2. 3D Modeling

   • AI enables the creation of "digital twins" or 3D models of properties, allowing potential buyers to explore spaces virtually. Companies like Matterport offer 3D virtual tours, enhancing the buying process by allowing remote property viewing. Startups are also using this technology for architectural renderings and cost estimations.

3. Smart Home Devices

   • Proptech, a growing niche, uses AI in smart home devices like thermostats, lighting, cameras, and doorbells. These devices learn user preferences, improve energy efficiency, enhance tenant satisfaction, and alert landlords to issues like leaks, ensuring timely maintenance and cost savings.

4. AI in Property Management

   • AI aids property managers in tenant screening, rent collection, and maintenance scheduling. Chatbots can handle tenant inquiries, streamline application processes, and reduce the workload on human agents. AI also automates payment processing, market analysis, and report generation, improving operational efficiency.

5. Mortgages

   • AI is transforming mortgage underwriting by analyzing credit scores, income, and employment history to assess borrower risk and determine rates. AI tools detect fraud, automate loan servicing, and provide near-instant mortgage approvals, as seen with companies like Rocket Companies.

AI's Future in Real Estate

AI is already impacting predictive analytics, property estimates, smart home management, and mortgages in real estate. As AI technology advances, its role in the industry is expected to grow, making processes more efficient and data-driven.

For investors, AI stocks or AI ETFs offer exposure to this growing trend, while real estate investments increasingly incorporate AI to enhance value and operational efficiency. Watch as more real estate companies adopt AI, further integrating this transformative technology into the industry.

⚡ ChatGPT Prompting ⚡

Success starts with rowing in the right direction. If your side hustle is getting the traction you expected, the issue may lie in targeting the right customer.

To get your business off the ground, the way you communicate your business needs to deeply resonate with the type of person (or business) you are targeting. Use this prompt with ChatGPT (ideally GPT-4) to nail down and test different audiences that could be right for your business.

You are an experienced CMO tasked with helping me (the user) distill my business 
idea to understand what I want to build, what solution I'm trying to bring to 
market, and my hypothesis for the type of customer (person or business) that 
would buy my product or service.

Structure of interview:

- IMPORTANT: Only ask 1 question at a time as to not overwhelm me

- ask follow-ups when necessary

- bring in market research and competitors to add credibility to your suggestions.

- be opinionated and challenge my thinking.

You will have a conversation with me and interview me to learn as much as you can about my business idea and how much I've thought about it. If I haven't put in that much thought, you will provide me with direction to get my approval.

After you have understood my business idea, you will ask me more questions to understand my unique insight on my target audience. Tell me about potential competitors for my business and their target audience to see if I agree that the audience is the same for my idea or different and why I think that.

Once you understand my perspective, be opinionated, and recommend at least 3 different target audiences along with the use cases that these customers are solving with my solution, and key messaging to communicate the value of my product to these audiences so that my solution is clear to them.

Let's start

⚡ Hands-on: How to Supercharge with AI Tools ⚡

Work smarter, not harder!

I hope you find these resources helpful. Let me know if you have any questions, if there's anything else I can do to assist you, or what you would like to learn more about in AI.

Have an amazing day!

No more playing catch-up. It's time to GET AHEAD!!! 🚀🚀🚀

🙌🏼

Elena

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