Would you rather have a great team, or a team of greats?

💡AI TRIVIA

Generative AI is set to change industries in significant ways over the next few years. It's no longer just for tech experts. Now, almost anyone can use AI with simple, everyday language. Our research shows that most business tasks and over 40% of all work activities in the U.S. can be enhanced, automated, or reimagined with this technology. The biggest changes are likely in legal, banking, insurance, and capital markets, with retail, travel, health, and energy following close behind.

📈 Best LLMS for 2024

Meet the latest stars of the AI scene, each with its own superpower. Which one will you choose to take your projects to the next level?

GPT 4: For Marketing GPT-4 is your marketing content whiz—it's like having a creative powerhouse at your fingertips. Need a catchy headline or a persuasive product description? It's got you covered. GPT-4 crafts messages that connect with your audience, turning visitors into fans.

Falcon: For Human-like Conversation Falcon isn't just another chatbot; it's your virtual conversation buddy that truly gets you. Think of it as the friend who always knows what to say, with a dash of personality to keep things interesting. When you're stuck or just want a chat, Falcon’s there with its smooth, natural language, making every interaction feel less like talking to a robot and more like chatting with a human.

Llama 2: For Free and Customizable LLM Picture Llama 2 as the friendly, adaptable assistant that fits right into your tech toolkit without gobbling up all your resources. Want to tweak it to better suit your projects? No problem. It’s got the flexibility for you to mold it into what works best for you. Plus, it won’t break a sweat on your system, making it a no-brainer for anyone looking to harness AI without the hassle.

Cohere: For company-wide search engine Imagine a tool that turns your company's information chaos into a symphony of order—meet Cohere, the ultimate enterprise LLM for crafting a company-wide search engine. Think of it as a wise librarian, always ready to fetch exactly what you need. It's not just about finding stuff; it's about connecting the dots in ways you never thought possible.

Gemini: For Google Workspace Think of Gemini as your clever sidekick in Google Workspace, ready to tackle that mountain of tasks with flair. Imagine you've got a friend who's always one step ahead, organizing your inbox, scheduling meetings, and even drafting emails before you blink. That's Gemini. It's like your personal time wizard, freeing up your day so you can focus on what really matters.

Claude 3: For Large Context Windows or In-depth memory. A digital assistant with an endless memory. That's Claude 3 for you, boasting a large context window that can handle more information than ever. Whether you're juggling vast amounts of data or need a tool that remembers every detail, Claude 3 is up to the task.

🛠️ Leveraging AI in Your Business

Here are the all-stars of your business making everything not only more efficient, but of higher quality: 

GPT 4:

Starting your journey with ChatGPT is now a breeze. OpenAI no longer requires a login, so you can dive into conversations just by visiting the site. If you're curious about the advanced features, you'll need to sign in, but creating a free account is a snap.

ChatGPT offers some cool features. It uses OpenAI's GPT-4o or GPT-4o mini when things get busy. It can write text, tackle math problems, and even code. Its chat skills are pretty impressive, and best of all, it's free for everyone.

Claude:

Claude is available in a free open beta, but keep in mind that it has limits on context windows and daily messages that change with demand. If you're planning to use the chatbot a lot, you might want to consider Claude Pro. It offers more generous limits—at least five times more than the free version—for just $20 a month.

Here's what Claude offers: It's powered by the Claude 3 model family, can handle document uploads, and is trained with data up to 2023. Plus, the free version is available for anyone to try.

Bonus contender: Jasper

No matter if you're flying solo, part of a small team, or steering a big company, you can try out a trial or demo before diving in for real.

Jasper's got you covered: It taps into various language models like GPT-4. It can whip up summaries, craft paragraphs, and create product descriptions. Plus, it checks for plagiarism and grammar slips. Subscriptions kick off at $49 per month with an annual plan.

📰 Prime Examples

Who’s using the same set of team what they can do for them? Here are some of the best and prime examples of industries and sectors continuing on leveraging AI for their business operations:

Marketing and Advertising Sector

Thanks to the power of large language models (LLMs), companies can offer 24/7 customer service without increasing staff numbers. Envision a chatbot answering queries about products, services, and shipping around the clock. This brings a real boost for businesses eager to enhance customer interaction.

Retail and eCommerce

For retail and eCommerce, large language models are like personal shopping assistants. They dig into data about your past buys, what you've been looking at online, and even your social media activities to spot patterns. With this info, they whip up personalized product and service suggestions just for you. Imagine a model suggesting items tailored to your interests, needs, and budget.

Human Resource

Let's talk about how big language models are making waves in HR these days. Take Mercer, for example. They've jumped on the automation bandwagon by using these models to handle recruitment tasks. The system scans resumes to pick out top candidates. This smart move saves Mercer a lot of time and cash, while ensuring they match clients with the best talent out there.

🚀 Quick Wins

Think and plan ahead

Think one step at a time. When you guide AI, you should break the process into smaller steps and focus on improving each one. It's like how early scientific management worked in factories. But here, it's not about an assembly line. It's about guiding AI through a series of thoughts to reach a goal.

Start small with AI

Introducing AI gradually works best for complex tasks needing special know-how, like law or medicine. MIT's Tyler D. Ross and Ashwin Gopinath explored creating an "AI scientist." Their approach broke down DNA tasks into smaller chunks, training ChatGPT 3.5-Turbo effectively. In simpler fields like inventory management, the process includes predicting demand and planning reorders. Managers use their expertise to train and test each step.

Use RAG

Large Language Models can sometimes spread outdated or false info. Retrieval augmented generation (RAG) helps fix this by adding info from trusted sources. It’s handy for things like pharmaceutical research. RAG can pull in human genome data, recent studies, and FDA guidelines. Getting RAG up and running usually means teaming up with IT to fit it into your systems, boosting work quality.

💪Tough Questions

Large Language Models can practically do anything an assistant do with the right prompts. So, does the tool make the man or does the man makes the tool?

💬Expert Says

“The AI revolution isn’t coming; it’s already here, with leading companies using the technology to reimagine processes across industries, functions, and jobs. Gen AI has dramatically raised the bar, requiring us to think with AI, ensure that we trust it, and continually tailor it—and ourselves—to perform better. ” H. James Wilson, Global managing director of technology research and thought leadership at Accenture Research

🤔 Intrigued by AI's Potential, But Unsure of the Next Step?

We get it! This issue might have you brimming with possibilities, but where do you begin? The AI StandUp is made with ❤️ by The BrainTrust and we are here to bridge the gap. Head over to our website, or simply reply to this email with your specific questions. Let's turn your AI curiosity into a game-changing reality.

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