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Wealth Beat News > Small Business > Navigating The Flood Of AI Products
Small Business

Navigating The Flood Of AI Products

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Last updated: 2023/09/16 at 7:21 AM
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Matteo Pittaluga | Founder of Marketing Genius | Allinners LLC.

Contents
AI’s Applications TodayFinding The Right AI Tool: 3 Key FactorsConclusion: The Future Of AI Depends On Us

We live in a time of unprecedented technological advancement, particularly in the field of artificial intelligence (AI). The digital marketplaces are flooded with AI products, and every day, dozens of new software tools come out. But with this abundance comes confusion; how can anyone possibly keep up with the rapidly evolving landscape?

I have spent the last six months on an exhaustive journey, testing hundreds of AI products and immersing myself in the different types of tools available. Here’s what I’ve discovered about the current state of AI, along with some practical tips to help you and your business navigate the complex and ever-expanding market.

AI’s Applications Today

1. Marketing: AI has become a powerful tool for marketing professionals; it offers capabilities in post creation, video editing, copywriting and even generating deepfake videos. A lot of software now delivers high-quality results that can seamlessly blend with human-produced content.

2. Writing work: I believe the ability to speed up writing tasks is AI’s second-strongest suit. Whether it’s supporting the creation of articles, newsletters or responses to customers, AI can significantly enhance your efficiency with these tasks.

3. Coding: Programmers are increasingly using AI to generate code snippets. Gone are the days when developers had to search through forums or seek expert assistance. AI can now provide valuable support with coding tasks.

4. Customer service and sales: Chatbots have evolved to offer substantial assistance with handling customer queries or booking calls for the sales team, often with the same efficacy as human agents for some tasks.

However, it’s essential to recognize that we’re still a long way from having a full AI assistant that is capable of handling every aspect of our lives. I believe the idea of AI booking hotels and flights or reminding us of appointments is still more of a dream than a reality.

Finding The Right AI Tool: 3 Key Factors

With so many new software products constantly emerging, how can you find the right AI tool without wasting precious time? Here are three of the most crucial things to consider.

• Free trial version: Ensure that the tool offers a free trial version. This will allow you to test its capabilities and see if it aligns with your requirements.

• Ease of setup and how much time it saves: Initially, it might require 150% of your time to train the AI, but once it’s set up, the goal should be for the tool to save you at least half of the time you usually spend on each task.

• Quality of results: A valuable AI tool will create outputs of at least the same quality as a human but in less time. If this criterion is met, it’s a tool worth considering.

Conclusion: The Future Of AI Depends On Us

AI is unquestionably shaping the future. It’s revolutionizing various fields, from marketing to coding. However, this bright future’s practicality hinges on our ability to identify, train and utilize the right tools amid the vast sea of options.

The plethora of AI products can indeed create a climate of “artificial confusion.” But by adhering to the practical guidelines outlined above, we can find the tools that truly meet our business’s needs without getting lost in the thousands of options coming to market every month.

In the end, AI’s potential is immense, but it’s not a one-size-fits-all solution. Our challenge lies in harnessing this power effectively, understanding its limitations and embracing a future where AI is not just a tool but also an essential partner in our professional lives. By focusing on quality over quantity, we can make informed decisions that bring us closer to a future where AI works seamlessly alongside us, enhancing our capabilities and enriching our lives.

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News September 16, 2023 September 16, 2023
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