5 Most Useful Things That ChatGPT-4o Can Do For You

Bryan McAnulty
31 May 202408:17

TLDRThis video highlights the top five new features of GPT-4o that entrepreneurs can leverage to boost their productivity. These features include acting as a meeting partner, assisting with decision analysis, serving as a learning partner, enhancing research capabilities, and offering personalized coaching. The speaker emphasizes the transformative power of AI in handling thousands of tasks, making it a valuable tool for creators and entrepreneurs. The video encourages viewers to explore how GPT-4o can be integrated into their business to maximize efficiency and productivity.

Takeaways

  • ๐Ÿ˜€ GPT 40 is a significant advancement for entrepreneurs, offering AI as a nearly free assistant.
  • ๐Ÿš€ The speaker has been building software tools for over 15 years and sees GPT 40 as a powerful tool for performing thousands of tasks monthly.
  • ๐Ÿ’ฐ Despite hypothetical higher costs, the speaker would still find GPT 40 invaluable, as it performs the work of multiple full-time employees.
  • ๐Ÿ“ˆ The speaker emphasizes the productivity boost from GPT 40, suggesting it can make users more efficient and effective in their business operations.
  • ๐Ÿค GPT 40 can act as a meeting partner, providing real-time ideas and suggestions during brainstorming sessions.
  • ๐Ÿง  Decision analysis is enhanced with GPT 40, allowing for faster and more informed choices through brainstorming and pros/cons evaluation.
  • ๐Ÿ“š As a Learning Partner, GPT 40 can assist in understanding and learning new business tasks through voice and visual interaction.
  • ๐Ÿ”Ž Research capabilities are improved with GPT 40's new desktop app, enabling quick information retrieval without disrupting workflow.
  • ๐ŸŽฅ GPT 40's ability to understand audio and video makes it a valuable coaching tool for presentations, interviews, and video recording practice.
  • ๐Ÿ’ก The speaker suggests that the best use of AI is not as a search engine but as a reasoning and decision-making partner, urging users to maximize its potential.

Q & A

  • What is the main topic discussed in the transcript?

    -The main topic discussed in the transcript is the top five new things that entrepreneurs can do with GPT 40 to leverage AI in their businesses.

  • Why is GPT 40 considered a game changer for entrepreneurs?

    -GPT 40 is considered a game changer for entrepreneurs because it acts as a true assistant that can perform thousands of tasks, essentially working like multiple full-time employees at a significantly lower cost.

  • What are the two types of GPT users mentioned in the transcript?

    -The two types of GPT users mentioned are those who get so much value out of it that they constantly hit message limits, and those who feel like they should cancel their subscription next month.

  • What is the speaker's opinion on the cost of GPT if it were more expensive?

    -The speaker believes that even if GPT cost $2,000 a month instead of $20, they would still be paying for it due to the immense value and productivity it brings to their business.

  • What is the first new thing that GPT 40 can do for entrepreneurs as mentioned in the transcript?

    -The first new thing GPT 40 can do is act as a meeting partner, providing lists of possibilities or ideas during brainstorming sessions based on the conversation it has been listening to.

  • How can GPT 40 assist in decision analysis for entrepreneurs?

    -GPT 40 can assist in decision analysis by acting as a brainstorming partner, providing pros and cons, playing devil's advocate, and essentially helping entrepreneurs make decisions faster.

  • What role can GPT 40 play as a Learning Partner for entrepreneurs?

    -As a Learning Partner, GPT 40 can help entrepreneurs learn new things for their business by understanding what they are looking at through screen sharing and providing guidance or solutions to problems they are facing.

  • How can the new desktop app of GPT 40 enhance research productivity for entrepreneurs?

    -The new desktop app allows entrepreneurs to continue working on their tasks while asking GPT 40 to research something for them, providing instant responses without the need to switch tabs or windows.

  • What is the fifth new thing that GPT 40 can do as a coach?

    -As a coach, GPT 40 can understand audio and video, providing real-time feedback on presentations, interviews, or YouTube videos, helping entrepreneurs practice and improve their presentation skills.

  • What is the theme the speaker identifies for the best uses of AI in the transcript?

    -The theme identified is that the best uses of AI are not treating it like a search engine or asking it to create content, but rather using its reasoning and decision-making capabilities to enhance productivity and value.

  • What advice does the speaker give on how to approach the use of GPT 40 for entrepreneurs?

    -The speaker advises entrepreneurs to focus on leveraging GPT 40 to its full potential to hit message limits and gain as much value as possible for themselves and their businesses, rather than trying to save on the subscription cost.

Outlines

00:00

๐Ÿš€ Revolutionizing Entrepreneurship with GPT-4

GPT-4.0 is a transformative tool for entrepreneurs, offering unprecedented assistance at virtually no cost. The author, a seasoned software developer with over 15 years of experience, shares their journey of creating an autonomous coach in 2023. With GPT-4.0, they perform thousands of tasks monthly, equating to the work of four full-time employees. They emphasize the immense value of the tool, asserting that even at a higher cost, it would be indispensable. The integration of GPT-4.0 has drastically increased productivity, and the author ensures their entire team benefits from it. The discussion transitions into highlighting the top new capabilities of GPT-4.0 for entrepreneurs, starting with its function as a meeting partner.

05:01

๐Ÿง  Enhancing Decision-Making with GPT-4

GPT-4.0 aids in decision analysis by acting as a brainstorming partner. The author explains how GPT-4.0 can expedite decision-making processes by providing pros and cons and playing Devilโ€™s Advocate. Previously, the author built a custom GPT for this purpose, but with GPT-4.0โ€™s voice capabilities, these interactions become more immediate and expressive. This advancement enables more dynamic and effective decision-making through voice conversations.

๐Ÿ“š Learning and Screen Sharing with GPT-4

As an entrepreneur, constant learning is essential. GPT-4.0 facilitates this by providing a desktop app with screen-sharing capabilities. This allows users to show what they are working on and receive guidance in real time. This feature is particularly useful for understanding new software or learning new skills, making GPT-4.0 a powerful partner in navigating business challenges.

๐Ÿ” Boosting Productivity with Instant Research

GPT-4.0's new desktop app enhances productivity by enabling seamless multitasking. Users can continue their work while asking GPT-4.0 for research assistance without switching tabs or disrupting their workflow. This integration reduces context switching, allowing for quick information retrieval and a more efficient work process.

๐ŸŽค Coaching and Real-Time Feedback with GPT-4

GPT-4.0 is the first version to truly understand audio and video, including nuances like inflections and emotions. This capability makes it an effective coach for practicing presentations, interviews, and video recordings. By providing real-time feedback, GPT-4.0 helps users improve their delivery and performance, offering a free, anytime coaching resource.

๐Ÿ’ก Maximizing AI for Business Success

The author concludes by emphasizing the importance of leveraging AI for reasoning and decision-making rather than merely using it as a search engine. They advocate for maximizing the value of GPT-4.0 to the point of hitting message limits rather than minimizing usage to save costs. The author invites viewers to join their community of creators and entrepreneurs for further learning and support in utilizing AI tools effectively.

Mindmap

Keywords

๐Ÿ’กAI

AI, short for Artificial Intelligence, refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. In the context of the video, AI is portrayed as a powerful tool for entrepreneurs, capable of performing thousands of tasks and assisting in various aspects of business operations, thus enhancing productivity and decision-making.

๐Ÿ’กEntrepreneur

An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The video emphasizes the benefits of AI for entrepreneurs, suggesting that AI can act as a true assistant, helping in brainstorming, decision-making, and learning new skills, which are all crucial for running a business.

๐Ÿ’กChat GPT

Chat GPT, in the script, seems to be a reference to a conversational AI tool, likely a version of the speaker's own creation or a hypothetical advanced AI system. It is presented as a game-changer for entrepreneurs, offering functionalities like meeting assistance, decision analysis, and acting as a learning partner.

๐Ÿ’กMeeting Partner

In the video, a 'meeting partner' is described as a feature of the AI system where it can actively participate in meetings by providing lists of ideas or possibilities during brainstorming sessions. This feature is expected to transform how teams collaborate and generate ideas.

๐Ÿ’กDecision Analysis

Decision analysis is the process of evaluating the decision-making process and the decision outcomes. The video script mentions that Chat GPT can assist in this process by brainstorming and providing pros and cons of different options, thus helping entrepreneurs to make faster and more informed decisions.

๐Ÿ’กLearning Partner

A 'learning partner' in the context of the video is an AI that can assist in acquiring new knowledge or skills. It can provide guidance and explanations on various topics, making the learning process more efficient and tailored to the entrepreneur's needs.

๐Ÿ’กResearch

Research, as discussed in the video, is an integral part of an entrepreneur's work. The AI system is expected to facilitate this by quickly providing information and data, allowing entrepreneurs to maintain focus on their tasks without the need to switch contexts or interrupt their workflow.

๐Ÿ’กCoaching

Coaching in the video refers to the AI's ability to provide real-time feedback on presentations or interviews, much like a personal coach. This feature leverages the AI's understanding of audio and visual cues to offer constructive criticism and guidance.

๐Ÿ’กProductivity

Productivity is a measure of the efficiency of an individual or system in producing output. The video highlights how the AI system can significantly boost productivity by automating tasks, providing quick information, and assisting in learning and decision-making processes.

๐Ÿ’กSubscription

A subscription in this context refers to a service model where users pay a periodic fee to access the AI system's features. The video mentions the value of this subscription, suggesting that even at a higher cost, the benefits provided by the AI would justify the expense.

๐Ÿ’กIntegrations

Integrations refer to the process of combining different software applications or systems to work together. In the video, the speaker mentions that the AI system has integrations built inside their business, performing tasks that would otherwise require multiple full-time employees.

Highlights

GPT 40 is a game changer for entrepreneurs, providing AI assistance at a low cost.

The speaker has been building software tools for over 15 years and has created an autonomous coach with AI.

AI is performing thousands of tasks monthly, equivalent to the work of four full-time employees.

There are two types of Chat GPT users: those who get immense value and those considering canceling their subscription.

The speaker would still pay for Chat GPT even if it cost $2,000 a month due to its value.

Chat GPT team subscription is beneficial for the entire team, enhancing productivity.

Chat GPT can act as a meeting partner, providing real-time ideas and possibilities during brainstorming sessions.

Decision analysis with Chat GPT can expedite the process of making choices in business.

Chat GPT serves as a Learning Partner, assisting with understanding complex concepts or software.

The new desktop app allows for screen sharing, enabling Chat GPT to provide real-time assistance with on-screen content.

Chat GPT can perform research tasks without interrupting the user's workflow, providing instant responses.

GPT 40's understanding of audio and video allows it to provide coaching for presentations and interviews.

Chat GPT can give real-time feedback on presentation skills, mimicking a personal coach.

The best use of AI is through its reasoning and decision-making capabilities, not just as a search engine.

The goal should be to maximize the value derived from Chat GPT rather than saving on subscription costs.

AI Elevate is a course teaching custom GPT creation for leveraging AI in business.

Creator.com is a community for entrepreneurs to learn and interact, with a free tier available.

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