Today on Bagel Bots:

• 🤯 Supercomputers can predict human behavior very accurately

• ⚡️ Fresh tech of the day - AI-Generated Photos of People

• 📰 The latest AI and tech news

• 🤖 Cool new apps for you to check out

• 🧠 Today’s Tip: Prompt: Use AI to Price Your Product or Service

(Read time: five minutes) - Fun fact: I never change this.

Are you worried about AI? Well, this won’t make you feel better.

Could a supercomputer predict the results of a social experiment? That’s what an AI was recently tested for in a study. Researchers programmed a GPT-4 algorithm to simulate how Americans would react to different conditions selected at random. The subjects were then run through real-world experiments and the results matched eerily closely with the computer’s predictions. This indicates that large language models could help researchers fine-tune their ideas before initiating full-scale trials with people.

However, the test also revealed the drawbacks and dangers of using artificial intelligence in this way. While it was usually accurate, this system often overestimated outcomes following specific interventions — so its forecasts weren’t 100 percent reliable. Scientists are also worried about misappropriating LLMs; they could potentially be deployed as tools for creating false or harmful content. In conclusion, according to those who conducted this investigation, caution should be exercised when utilizing such programs alongside social science. They recommend setting up regulations against their misuse while ensuring ethical applications of any forecasts based on them.

🔗 Read the full paper here.

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Cool Tech: AI-Generated Photos of People

Generative AI has been improving steadily over the last year, and this past week, we saw some hockey stick evolution that we need to discuss.

First, this image started making the rounds on social media. It was created with a Flux and a Lora combo, which you can also use here. This is the first time I looked at an AI-generated photo and could not detect an AI at first glance.

No one on Earth would have questioned this photo if you had just randomly seen it. And then, more photos started to emerge, and they looked real!

Okay, photos are one thing, right? But there’s a video, too. The video looks a little less real, but I still believe 90% of people would be fooled by it.

Two thoughts:

1. Humanity is doomed

2. Thank god I am married because dating in the future will be so weird.

Latest News.

🔗 ChatGPT unexpectedly began speaking in a user’s cloned voice during testing

My take: “OpenAI has safeguards in place that prevent this from happening,” yet it happened. A reminder of how scary AI can and will be.

🔗 Automattic launches AI writing tool that aims to make WordPress blogs more readable and concise

My take: I’ve built two massive companies on top of WordPress, and I love this. As long as it doesn’t affect SEO, let’s all take the help and call it a win.

🔗 Microsoft’s AI Can Be Turned Into an Automated Phishing Machine

My take: Notice a theme today? AI innovation is happening much faster than AI safety protocols. At some point, something will have to give.

🔗 The FCC wants the AI voice calling you to say it's a deepfake

My take: If they don’t get something done before the US elections, many people will fall for a lot of scams.

Fresh Apps to Play With

Are you looking to automate your work or life? Want to play with excellent new AI tools? Every post has five new AI apps for you to try for yourself.

• 🔗 Slidenotes - Transform presentations into readable notes with ease

• 🔗 NSWR - With NSWR and its AI solution, comments will no longer be a problem for you

• 🔗 imagetocaption.ai - AI Caption generator for busy social media managers

• 🔗 Easy Folders - Organize your chats in ChatGPT and Claude

• 🔗 Screen Story - Mac screen recorder tool. Turn boring screen recordings into masterpieces in 2 minutes

Check out these AI apps, and let me know what you think. Please reply to this email or tweet me directly.

Today’s Tip: Use AI to Price Your Product or Service

If you’ve ever started a business, sold online courses, or did freelance work, you know that coming up with pricing for your business is extremely difficult. Of course, AI can assist with that.

I created a master prompt that allows you to fill in the blanks and get expert advice from ChatGPT or Claude on pricing your offering.

Use this prompt and fill in the placeholders:

I need help creating a pricing strategy for my product or service. Here are the details:

Business Overview:

My business name is [Business Name], and we operate in the [Industry] industry.

We offer [Brief Description of Product/Service]. It solves [Problem] for [Target Audience].

Product/Service Details:
The key features and benefits of our product/service are [Key Features/Benefits].

Our offering is [Unique/Similar] compared to competitors. Specifically, it differs because [Comparison].

Our cost to produce or deliver this product/service is [Cost Information].

Target Market:

Our primary customers are [Customer Demographics, Preferences, Pain Points].

The perceived value of our product/service to this audience is [Perceived Value].

There are [Any/No] regional or cultural factors that might influence pricing, such as [Factors].

Competitor Analysis:

Our main competitors are [Competitors], and they price their similar offerings at [Competitor Prices].

Our product/service differs from theirs in [Quality, Features, Brand Perception].

Business Goals:

Our short-term revenue goal is [Short-Term Goal], and our long-term revenue goal is [Long-Term Goal].

We want to position our product/service as a [Premium/Mid-Range/Budget] option.

We have sales/growth targets of [Sales/Growth Targets] for [Timeframe].

Sales Channels:

We plan to sell our product/service through [Sales Channels, e.g., online, physical stores, direct sales].

Our promotional strategy includes [Discounts, Promotions, Bundling Strategies].

We are considering [Subscription Models/One-Time Purchases/Usage-Based Pricing].

Customer Acquisition and Retention:

Our cost to acquire a new customer (CAC) is [CAC].

We plan to retain customers through [Retention Strategy], and pricing plays a role by [Pricing's Role in Retention].

We aim for an average customer lifetime value (CLV) of [CLV].

Brand Positioning:

We want our brand to be perceived as [Brand Perception].

Our brand values and messaging that might influence pricing include [Brand Values].

Market Conditions:

Current market conditions include [Economic, Regulatory, or Seasonal Factors].

Our target market is [Price-Sensitive/Not Price-Sensitive].

Additional Information:

Additional factors that might affect pricing decisions include [Any Other Relevant Information]."

What pricing strategy would you recommend based on this information?

From here, you’ll receive a detailed response on how to price your product or service. You’ll be able to provide more information and ask follow-up questions to achieve the perfect results for moving forward. Enjoy!

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