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Hello Reader,

Just yesterday, Open AI had a dev conference announcing a huge update for the Chat GPT: GPT-4 Turbo. And it is a game-changer.
Below, I will share the main changes and opportunities it opens.

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So let's break it down:​
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​16x Cap vs previous version:
​• The limit has increased to 128,000 tokens vs 8,192 tokens previously.
• This is around 300 pages of text & conversations compared to 28 pages.
• It will be able to understand more complex prompts and conversations and remember more context. Much, much more... it is 10x more capable now.
​Use-cases:
​⇢ Long Mega Prompts will work much better.
​⇢ Long tasks like preparing a Product or Marketing strategy can be done within one frame, and the AI will remember the whole conversation!​
​⇢ Big documents, code, PDFs, and even books can be uploaded directly and interacted with within one frame​
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​It is up to date: ​
• GPT-4 Turbo is trained on data up until April 2023
• Which is way better than previous versions that only went up to 2021
​Use-cases:
​⇢ Competitor analysis, even without browsing, will be much more accurate (no more already dead competitors to fight against)
⇢ It will already know new trends, tech changes, and environmental changes
⇢ It will understand the context, which is crucial for SWAT, STEP analysis, and similar, which is crucial for the Product and Marketing strategy preparation, and much better content for copywriting purposes.

It is fully multimodal:​
• New voice and image capabilities are being rolled out
• Better conversations with ChatGPT using voice and showing it images for visual context
• This will make a mobile version even better and more useful for different tasks.
​Use-cases:
​⇢ No need to switch between the modes from Text / Dall E3 or Code Entrepreneur modes - it will automatically do this for you
⇢ With the update on the mobile version, it will work even better (I will do a separate review of the mobile version, which is already mindblowing)

Improved Business capabilities:​
• Cheaper and faster. More customization features within the platform • 1 cent per 1000 prompt tokens (which is 3x cheaper for input tokens and 2x cheaper for output tokens)
• We will see a huge improvement in the quality of the model on the apps based on the Chat GPT-4 Turbo.
​Use-cases:
​⇢ Enables new startups and businesses to leverage advanced AI at lower costs. Reduces barriers to integrating AI. It is even cheaper, even faster, with much more customization. Sounds like a dream
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GPTs feature :​
• Will allow users to create customized chatbots with specialized knowledge and capabilities
• More interesting use cases and startups are on the way!
​Use-cases:
​⇢ Allows rapidly creating customized AI solutions for specific industries without coding, opening new startup ideas.
⇢ Startups can build AI virtual assistants for any niche based on GPT-4 Turbo foundations.

Release of marketplace:​
• Plugins will become profitable for developers
• Though we will have more and better plugins
​Use-cases:
​The GPT marketplace will let entrepreneurs monetize their customized AI innovations.

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So, let's win the competition with the power of AI!

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Yours,
Serge Kuznetsov
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P.S. Third episode of my new Podcast, "Edge Explorers: Founders in the Fast Lane," will be available on Friday!
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​I had an interview with Xavier Lombard, CEO and Founder of Leexi AI. Learn how to prepare yourself for startup success, build an unstoppable team, avoid burnout, and harness AI's potential from someone who has done it all. ​
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​Here is the link to the YouTube podcast: Link
Here is the link to the Spotify podcast: Link ​
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P.P.S. If you missed previous Newsletters, you can read them here:

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