Amount

for a LIMITED AMOUNT OF TIME, I am testing an AI that builds landing pages, describe your business in the comments or in the DMs and I will send you a figma design + code of your landing page. (feel free to pay whatever amount)

Anyone finding that they just don't NEED to add more Employees anymore? (I will not promote)

A friend of mine who was looking for work asked me if we were hiring and I responded "You know, it's weird but all of our growth goals don't seem to map back to hiring people anymore." This isn't about the economy or growth goals. It's a really fascinating shift in focus and costs for startups. My gut reaction is that I HATE the idea of not creating more jobs. In my career I've hired thousands of people, and I've always prided myself on job creation. We just sold a company that employed 200 people last year, and I'm proud of the work we were able to create. What's interesting is that I simply don't feel like we NEED to like we used to. As we're looking at all of our growth goals, for the first time I'm not assigning FTEs to them. Nearly everything we're doing is actually reducing the need for more humans, not adding them - and we're not even trying to reduce the need. Obviously the timing of AI has had a major impact. Product - Our team is shipping more code than ever before, and even our designers who have never touched code are shipping final code. If we doubled the size of the team, it would make no difference (this is a big deal considering the historical cost here). Marketing - So many aspects of our marketing are getting automated and streamlined, to the point where even a single FTE can create a massive amount of reach across channels. Support - Our Success team is able to effectively respond to tickets in a fraction of the time, which essentially doubles their capacity without adding any more staff. Management - With less staff we need less managers, which are a big expense, but it also means reporting and decisions are more streamlined, which is a positive. But it also means those positions simply don't get created like they used to. I think this is a big deal for the younger startups because it translates into needing less capital (or none!) which provides for more ownership and agency. Clearly we still need some folks to build out the core team, but that's very different than a massive staffing line item. Anyone else here finding the same trend? Opposite? I don't have a strong opinion either way, but I'd love to hear how other Founders are processing this.

For anyone working on LLM / AI startups

My company (which I will not promote) wrote this blog post in compliance with rule #7 :) Introduction to fine-tuning Large Language Models, or LLMs, have become commonplace in the tech world. The number of applications that LLMs are revolutionizing is multiplying by the day — extraction use cases, chatbots, tools for creatives and engineers. In spite of this, at its core, the LLM is a multi-purpose neural network, dozens of layers deep, designed to simply predict one word after the next. It predicts words by performing billions of matrix multiplication steps based on so-called parameter weights, which are discovered during the model training process. Almost all open-source, open-weight models are trained on a massive amount of text from every conceivable genre and topic. How, then, do researchers and engineers create novel specialized applications? The answer is fine-tuning. In this post, we will demystify the process of fine-tuning and discuss the tradeoffs of other approaches to customizing an LLM. The history of fine-tuning In the ancient days of LLMs, by which we mean five years ago, the primary approaches to customizing an LLM was identical to the approaches to customizing any other deep learning model. A machine learning engineer would have two options: Retrain the entire LLM. This would mean discarding the trained weights and instead only using the open source model’s architecture to train it on a specialized dataset. As long as the amount and diversity of the specialized data is comparable to what the original model was trained on, this can be the ideal method of customizing a model. However, of course, this is a massive waste of resources due to the computational power required and the difficulty of collecting such a massive dataset. Even if an organization could provision enough GPUs, the cost of training modern-day models could cost up to $190 million. Retrain the last few layers of the LLM while keeping the rest of the weights frozen. This is a more efficient method in terms of time and computational power required because it significantly cuts down the number of parameters that need to be trained. However, for most tasks, this leads to subpar quality. Of course, almost everyone chooses to retrain the last few layers. And where there is only one option, the research community saw an opportunity to step in. Soon, the LLM space saw an enormous amount of activity in fine-tuning, which leads us to today. Modern approaches to fine-tuning Most fine-tuning approaches today are parameter-efficient. Deep neural networks are composed of matrices and vectors (generally called tensors), which are at their core arrays of floating point numbers. By training a small subset of these tensors, while the rest of the LLM’s weights are kept frozen, practitioners achieve good enough results without having to retrain the entire model. Generally, this method requires at least a hundred or so handcrafted examples of input-output pairs for fine-tuning. This is called supervised learning. The modern fine-tuning landscape involves an unsupervised learning step afterwards. Given a set of inputs, a practitioner gathers the various possible outputs from the LLM and casts votes among them. This preference data is then used to further train the LLM’s weights. Usually, this approach is used for LLM alignment and safety, which defends the application from malicious uses, outputs embarrassing to the organization, and prompt injection attacks. Fine-tuning’s relationship to prompt engineering A natural question arises: why fine-tune instead of crafting a well-considered system prompt? Wouldn’t that be easier and more efficient? The answer is no, it wouldn’t. Here’s why: Advanced techniques make prompt engineering obsolete: \[redacted\]'s product uses soft-prompting and other techniques to train the input layer itself. This obviates the need for prompt engineering entirely, which lets organizations avoid the time-consuming trial-and-error process to get the prompt just right. Prompt engineering has been a stopgap measure in the early days of LLM applications to convey the practitioner’s intent to the LLM. It is not the long-term solution for LLM application development. The system prompt is precious: the limited budget for system prompt length is better used for up-to-date information, e.g., Retrieval-Augmented Generation (RAG). Even as context windows increase in size with each new open-source model, the system prompt is the least efficient place to provide the LLM model with verbose instructions and examples. The longer the prompt, the slower the application: an LLM must attend to the entire system prompt for each token generated. This pain becomes more acute in the chatbot case, where the length of the conversation so far is also counted toward the system context. The longer the conversation, and the longer your beautifully-crafted system prompt, the slower the bot becomes. Even in cases where the model allows for system prompts that are millions of tokens long, doubling the size of the context will quadruple the latency. This means adding a few hundred words to the system prompt may result in several seconds of additional latency in production, making a chatbot impossible to use. Edge case handling: the number of edge cases that the system prompt would need to consider and emphasize to the LLM is too large. The instructions would have to be too nuanced and long to cover them all. However, fine-tuning on a dataset that considers these edge cases would be more straightforward. Do I need to fine-tune the LLM in my production application? Every LLM application in production must be fine-tuned often, not just once at the beginning. Why fine-tune? The world in which the application exists is constantly evolving. New prompt injection attacks are being discovered every day, new ways of embarrassing a chatbot are emerging constantly. This data can be used to further train an LLM model, which protects the application from new failure modes and reputational risk. Like any software, LLM models are constantly improving. Smarter and faster models are open-sourced all the time. For a new model to get deployed to production, it must first be finetuned on the specific dataset of the organization building the application. Fine-tuning does not add latency to LLM applications. Rather than a solution that sits in the middle of the LLM and the rest of the application, fine-tuning leverages the power of the LLM itself to increase the quality of the output. In fact, fine-tuning allows for shorter system prompts, which speeds up the average response generation time.

How a founder built a B2B AI startup to serve with 65+ global brands (including Fortune500 companies) (I will not promote)

AI Palette is an AI-driven platform that helps food and beverage companies predict emerging product trends. I had the opportunity recently to sit down with the founder to get his advice on building an AI-first startup, which he'll be going through in this post. (I will not promote) About AI Palette: Co-founders: >!2 (Somsubhra GanChoudhuri, Himanshu Upreti)!!100+!!$12.7M USD!!AI-powered predictive analytics for the CPG (Consumer Packaged Goods) industry!!Signed first paying customer in the first year!!65+ global brands, including Cargill, Diageo, Ajinomoto, Symrise, Mondelez, and L’Oréal, use AI Palette!!Every new product launched has secured a paying client within months!!Expanded into Beauty & Personal Care (BPC), onboarding one of India’s largest BPC companies within weeks!!Launched multiple new product lines in the last two years, creating a unified suite for brand innovation!Identify the pain points in your industry for ideas* When I was working in the flavour and fragrance industry, I noticed a major issue CPG companies faced: launching a product took at least one to two years. For instance, if a company decided today to launch a new juice, it wouldn’t hit the market until 2027. This long timeline made it difficult to stay relevant and on top of trends. Another big problem I noticed was that companies relied heavily on market research to determine what products to launch. While this might work for current consumer preferences, it was highly inefficient since the product wouldn’t actually reach the market for several years. By the time the product launched, the consumer trends had already shifted, making that research outdated. That’s where AI can play a crucial role. Instead of looking at what consumers like today, we realised that companies should use AI to predict what they will want next. This allows businesses to create products that are ahead of the curve. Right now, the failure rate for new product launches is alarmingly high, with 8 out of 10 products failing. By leveraging AI, companies can avoid wasting resources on products that won’t succeed, leading to better, more successful launches. Start by talking to as many industry experts as possible to identify the real problems When we first had the idea for AI Palette, it was just a hunch, a gut feeling—we had no idea whether people would actually pay for it. To validate the idea, we reached out to as many people as we could within the industry. Since our focus area was all about consumer insights, we spoke to professionals in the CPG sector, particularly those in the insights departments of CPG companies. Through these early conversations, we began to see a common pattern emerge and identified the exact problem we wanted to solve. Don’t tell people what you’re building—listen to their frustrations and challenges first. Going into these early customer conversations, our goal was to listen and understand their challenges without telling them what we were trying to build. This is crucial as it ensures that you can gather as much data about the problem to truly understand it and that you aren't biasing their answers by showing your solution. This process helped us in two key ways: First, it validated that there was a real problem in the industry through the number of people who spoke about experiencing the same problem. Second, it allowed us to understand the exact scale and depth of the problem—e.g., how much money companies were spending on consumer research, what kind of tools they were currently using, etc. Narrow down your focus to a small, actionable area to solve initially. Once we were certain that there was a clear problem worth solving, we didn’t try to tackle everything at once. As a small team of two people, we started by focusing on a specific area of the problem—something big enough to matter but small enough for us to handle. Then, we approached customers with a potential solution and asked them for feedback. We learnt that our solution seemed promising, but we wanted to validate it further. If customers are willing to pay you for the solution, it’s a strong validation signal for market demand. One of our early customer interviewees even asked us to deliver the solution, which we did manually at first. We used machine learning models to analyse the data and presented the results in a slide deck. They paid us for the work, which was a critical moment. It meant we had something with real potential, and we had customers willing to pay us before we had even built the full product. This was the key validation that we needed. By the time we were ready to build the product, we had already gathered crucial insights from our early customers. We understood the specific information they wanted and how they wanted the results to be presented. This input was invaluable in shaping the development of our final product. Building & Product Development Start with a simple concept/design to validate with customers before building When we realised the problem and solution, we began by designing the product, but not by jumping straight into coding. Instead, we created wireframes and user interfaces using tools like InVision and Figma. This allowed us to visually represent the product without the need for backend or frontend development at first. The goal was to showcase how the product would look and feel, helping potential customers understand its value before we even started building. We showed these designs to potential customers and asked for feedback. Would they want to buy this product? Would they pay for it? We didn’t dive into actual development until we found a customer willing to pay a significant amount for the solution. This approach helped us ensure we were on the right track and didn’t waste time or resources building something customers didn’t actually want. Deliver your solution using a manual consulting approach before developing an automated product Initially, we solved problems for customers in a more "consulting" manner, delivering insights manually. Recall how I mentioned that when one of our early customer interviewees asked us to deliver the solution, we initially did it manually by using machine learning models to analyse the data and presenting the results to them in a slide deck. This works for the initial stages of validating your solution, as you don't want to invest too much time into building a full-blown MVP before understanding the exact features and functionalities that your users want. However, after confirming that customers were willing to pay for what we provided, we moved forward with actual product development. This shift from a manual service to product development was key to scaling in a sustainable manner, as our building was guided by real-world feedback and insights rather than intuition. Let ongoing customer feedback drive iteration and the product roadmap Once we built the first version of the product, it was basic, solving only one problem. But as we worked closely with customers, they requested additional features and functionalities to make it more useful. As a result, we continued to evolve the product to handle more complex use cases, gradually developing new modules based on customer feedback. Product development is a continuous process. Our early customers pushed us to expand features and modules, from solving just 20% of their problems to tackling 50–60% of their needs. These demands shaped our product roadmap and guided the development of new features, ultimately resulting in a more complete solution. Revenue and user numbers are key metrics for assessing product-market fit. However, critical mass varies across industries Product-market fit (PMF) can often be gauged by looking at the size of your revenue and the number of customers you're serving. Once you've reached a certain critical mass of customers, you can usually tell that you're starting to hit product-market fit. However, this critical mass varies by industry and the type of customers you're targeting. For example, if you're building an app for a broad consumer market, you may need thousands of users. But for enterprise software, product-market fit may be reached with just a few dozen key customers. Compare customer engagement and retention with other available solutions on the market for product-market fit Revenue and the number of customers alone isn't always enough to determine if you're reaching product-market fit. The type of customer and the use case for your product also matter. The level of engagement with your product—how much time users are spending on the platform—is also an important metric to track. The more time they spend, the more likely it is that your product is meeting a crucial need. Another way to evaluate product-market fit is by assessing retention, i.e whether users are returning to your platform and relying on it consistently, as compared to other solutions available. That's another key indication that your solution is gaining traction in the market. Business Model & Monetisation Prioritise scalability Initially, we started with a consulting-type model where we tailor-made specific solutions for each customer use-case we encountered and delivered the CPG insights manually, but we soon realized that this wasn't scalable. The problem with consulting is that you need to do the same work repeatedly for every new project, which requires a large team to handle the workload. That is not how you sustain a high-growth startup. To solve this, we focused on building a product that would address the most common problems faced by our customers. Once built, this product could be sold to thousands of customers without significant overheads, making the business scalable. With this in mind, we decided on a SaaS (Software as a Service) business model. The benefit of SaaS is that once you create the software, you can sell it to many customers without adding extra overhead. This results in a business with higher margins, where the same product can serve many customers simultaneously, making it much more efficient than the consulting model. Adopt a predictable, simplistic business model for efficiency. Look to industry practices for guidance When it came to monetisation, we considered the needs of our CPG customers, who I knew from experience were already accustomed to paying annual subscriptions for sales databases and other software services. We decided to adopt the same model and charge our customers an annual upfront fee. This model worked well for our target market, aligning with industry standards and ensuring stable, recurring revenue. Moreover, our target CPG customers were already used to this business model and didn't have to choose from a huge variety of payment options, making closing sales a straightforward and efficient process. Marketing & Sales Educate the market to position yourself as a thought leader When we started, AI was not widely understood, especially in the CPG industry. We had to create awareness around both AI and its potential value. Our strategy focused on educating potential users and customers about AI, its relevance, and why they should invest in it. This education was crucial to the success of our marketing efforts. To establish credibility, we adopted a thought leadership approach. We wrote blogs on the importance of AI and how it could solve problems for CPG companies. We also participated in events and conferences to demonstrate our expertise in applying AI to the industry. This helped us build our brand and reputation as leaders in the AI space for CPG, and word-of-mouth spread as customers recognized us as the go-to company for AI solutions. It’s tempting for startups to offer products for free in the hopes of gaining early traction with customers, but this approach doesn't work in the long run. Free offerings don’t establish the value of your product, and customers may not take them seriously. You should always charge for pilots, even if the fee is minimal, to ensure that the customer is serious about potentially working with you, and that they are committed and engaged with the product. Pilots/POCs/Demos should aim to give a "flavour" of what you can deliver A paid pilot/POC trial also gives you the opportunity to provide a “flavour” of what your product can deliver, helping to build confidence and trust with the client. It allows customers to experience a detailed preview of what your product can do, which builds anticipation and desire for the full functionality. During this phase, ensure your product is built to give them a taste of the value you can provide, which sets the stage for a broader, more impactful adoption down the line. Fundraising & Financial Management Leverage PR to generate inbound interest from VCs When it comes to fundraising, our approach was fairly traditional—we reached out to VCs and used connections from existing investors to make introductions. However, looking back, one thing that really helped us build momentum during our fundraising process was getting featured in Tech in Asia. This wasn’t planned; it just so happened that Tech in Asia was doing a series on AI startups in Southeast Asia and they reached out to us for an article. During the interview, they asked if we were fundraising, and we mentioned that we were. As a result, several VCs we hadn’t yet contacted reached out to us. This inbound interest was incredibly valuable, and we found it far more effective than our outbound efforts. So, if you can, try to generate some PR attention—it can help create inbound interest from VCs, and that interest is typically much stronger and more promising than any outbound strategies because they've gone out of their way to reach out to you. Be well-prepared and deliberate about fundraising. Keep trying and don't lose heart When pitching to VCs, it’s crucial to be thoroughly prepared, as you typically only get one shot at making an impression. If you mess up, it’s unlikely they’ll give you a second chance. You need to have key metrics at your fingertips, especially if you're running a SaaS company. Be ready to answer questions like: What’s your retention rate? What are your projections for the year? How much will you close? What’s your average contract value? These numbers should be at the top of your mind. Additionally, fundraising should be treated as a structured process, not something you do on the side while juggling other tasks. When you start, create a clear plan: identify 20 VCs to reach out to each week. By planning ahead, you’ll maintain momentum and speed up the process. Fundraising can be exhausting and disheartening, especially when you face multiple rejections. Remember, you just need one investor to say yes to make it all worthwhile. When using funds, prioritise profitability and grow only when necessary. Don't rely on funding to survive. In the past, the common advice for startups was to raise money, burn through it quickly, and use it to boost revenue numbers, even if that meant operating at a loss. The idea was that profitability wasn’t the main focus, and the goal was to show rapid growth for the next funding round. However, times have changed, especially with the shift from “funding summer” to “funding winter.” My advice now is to aim for profitability as soon as possible and grow only when it's truly needed. For example, it’s tempting to hire a large team when you have substantial funds in the bank, but ask yourself: Do you really need 10 new hires, or could you get by with just four? Growing too quickly can lead to unnecessary expenses, so focus on reaching profitability as soon as possible, rather than just inflating your team or burn rate. The key takeaway is to spend your funds wisely and only when absolutely necessary to reach profitability. You want to avoid becoming dependent on future VC investments to keep your company afloat. Instead, prioritize reaching break-even as quickly as you can, so you're not reliant on external funding to survive in the long run. Team-Building & Leadership Look for complementary skill sets in co-founders When choosing a co-founder, it’s important to find someone with a complementary skill set, not just someone you’re close to. For example, I come from a business and commercial background, so I needed someone with technical expertise. That’s when I found my co-founder, Himanshu, who had experience in machine learning and AI. He was a great match because his technical knowledge complemented my business skills, and together we formed a strong team. It might seem natural to choose your best friend as your co-founder, but this can often lead to conflict. Chances are, you and your best friend share similar interests, skills, and backgrounds, which doesn’t bring diversity to the table. If both of you come from the same industry or have the same strengths, you may end up butting heads on how things should be done. Having diverse skill sets helps avoid this and fosters a more collaborative working relationship. Himanshu (left) and Somsubhra (right) co-founded AI Palette in 2018 Define roles clearly to prevent co-founder conflict To avoid conflict, it’s essential that your roles as co-founders are clearly defined from the beginning. If your co-founder and you have distinct responsibilities, there is no room for overlap or disagreement. This ensures that both of you can work without stepping on each other's toes, and there’s mutual respect for each other’s expertise. This is another reason as to why it helps to have a co-founder with a complementary skillset to yours. Not only is having similar industry backgrounds and skillsets not particularly useful when building out your startup, it's also more likely to lead to conflicts since you both have similar subject expertise. On the other hand, if your co-founder is an expert in something that you're not, you're less likely to argue with them about their decisions regarding that aspect of the business and vice versa when it comes to your decisions. Look for employees who are driven by your mission, not salary For early-stage startups, the first hires are crucial. These employees need to be highly motivated and excited about the mission. Since the salary will likely be low and the work demanding, they must be driven by something beyond just the paycheck. The right employees are the swash-buckling pirates and romantics, i.e those who are genuinely passionate about the startup’s vision and want to be part of something impactful beyond material gains. When employees are motivated by the mission, they are more likely to stick around and help take the startup to greater heights. A litmus test for hiring: Would you be excited to work with them on a Sunday? One of the most important rounds in the hiring process is the culture fit round. This is where you assess whether a candidate shares the same values as you and your team. A key question to ask yourself is: "Would I be excited to work with this person on a Sunday?" If there’s any doubt about your answer, it’s likely not a good fit. The idea is that you want employees who align with the company's culture and values and who you would enjoy collaborating with even outside of regular work hours. How we structure the team at AI Palette We have three broad functions in our organization. The first two are the big ones: Technical Team – This is the core of our product and technology. This team is responsible for product development and incorporating customer feedback into improving the technology Commercial Team – This includes sales, marketing, customer service, account managers, and so on, handling everything related to business growth and customer relations. General and Administrative Team – This smaller team supports functions like finance, HR, and administration. As with almost all businesses, we have teams that address the two core tasks of building (technical team) and selling (commercial team), but given the size we're at now, having the administrative team helps smoothen operations. Set broad goals but let your teams decide on execution What I've done is recruit highly skilled people who don't need me to micromanage them on a day-to-day basis. They're experts in their roles, and as Steve Jobs said, when you hire the right person, you don't have to tell them what to do—they understand the purpose and tell you what to do. So, my job as the CEO is to set the broader goals for them, review the plans they have to achieve those goals, and periodically check in on progress. For example, if our broad goal is to meet a certain revenue target, I break it down across teams: For the sales team, I’ll look at how they plan to hit that target—how many customers they need to sell to, how many salespeople they need, and what tactics and strategies they plan to use. For the technical team, I’ll evaluate our product offerings—whether they think we need to build new products to attract more customers, and whether they think it's scalable for the number of customers we plan to serve. This way, the entire organization's tasks are cascaded in alignment with our overarching goals, with me setting the direction and leaving the details of execution to the skilled team members that I hire.

I just had my best month after 18 months as a solopreneur

Last month I reached important milestones both financially (60+ sales) and in terms of my personal brand (2.500+ new followers) But the most important part is that it has reinforced a belief in myself: it is possible, as long as I keep going, improving, learning and iterating. For the last year and a half, I've been grinding and launching project after project. But there was always something wrong: Product didn't solve a real problem Bad marketing (very often lol) Target market had low purchasing power Super-competitive niche (usually b2c) It's difficult to have failure after failure and keep going on. At times it would feel like everyone was making money, except for me. I was hacking on my projects every single day before and after my 9-5 and had mostly given up all my free time for this. But results were far from being what I wanted. So I would doubt myself all the time. One thing I had going for me is that I really enjoy building things - so that helped me a lot in staying consistent. I always knew this was a long-term thing and that I'd probably have to fail again and again before seeing some success. But even so, it was really hard to keep up the spirits at all time, especially after working so hard for so long. I wasn't going to give up but I also knew that continuing like this would lead nowhere. So I decided that for my next project I would do 2 things: 1) prioritize marketing and 2) build something strategic 1) Prioritize marketing I decided I was going to put in the same amount of effort into marketing as I put into building. Usually my time would be split 90% coding - 10% marketing. Now, for the first time ever it's probably 65% coding - 35% marketing. I organized myself and made an entire gameplan for it. This forced me to learn a lot about: Video editing Cold emails Copywriting Running ads Short-form content There are a lot of items I still need to execute on - but at least I have a good idea of how to approach most things. 2) Build something strategic I had to build something that I would be able to use even if nobody else did. For the last year and a half I had been building AI apps and my plan was to continue doing that. So I decided to leverage that and thought about how I could build something that would give me an unfair advantage + have a compounding effect over the long term: a) Unfair advantage Having AI demo apps that cover all type of AI functionalities would make my life easier & would allow me to ship new apps quickly, regardless of the required model/functionality So even if nobody bought this - I'd have built something really useful for myself & would have a slight edge over other people b) Compound over the long term Building "AnotherWrapper' (my new project) would have a good synergy with my future projects: It would allow me to build new projects faster While building new projects, I'd learn new things, which I would then be able to implement into AnotherWrapper and improve the product that way A win-win. Closing thoughts I did not expect things to go this well - it's been an amazing month and I'm truly grateful to everyone that has been supporting me. But at the end of the day, there is still a lot of work to be done. The initial 'hype' & effects from some viral tweets are starting to wear off. I still don't have a reliable distribution channel that guarantees me traffic. So I need to figure that out. I think the product has a lot of potential - it has been well received and has been a success so far, but my distribution is still lacking. The good thing is that I now have some extra cash to spend on things like ads, influencers, freelancers etc. So it opens some new doors that were previously closed! I also have some other projects down the pipeline which are coming soon. Will keep you guys updated!

10,000 users in a month

Our team raised an angel fund and have been quietly iterating over the last year. We launched a month ago and have just about 10,000 users with a small amount of revenue. We are an AI company targeting consumers and beauty. Has anyone raised in the space who could shed some light on what worked/didn’t work for them? Our product is stickier than anyone on the team ever imagined.

Competing with much bigger companies that have lame products? How do I market and carve out a niche? (I will not promote)

I've been working on a product for the last few months that competes with CapCut, Adobe Premier, Veed, Descript, DaVinci Resolve, etc. Basically, it's a fancy video editor. (no link and I will not promote but just some background context) I'm very technical and started creating videos for TikTok but really wanted to take my game to the next level. My channel sort of blew up on me in the first month and I was able to get 2M views and 10k followers. My initial thinking was that I was going to use AI to make video editing fancy/faster and sort of have this as a "script" that I used personally. Basically, give myself a serious competitive advantage. However, it sort of spiraled out of control! What started off as a weekend project, turned into 2 weekends, which turned into about 2 months of continuous hacking. If I'm going to spend a significant amount of time on this, I might as well try to productize it and try to at least make enough money that I break even on my time. The thing I'm worried about, in the back of my mind, is that if I shop this, that my competitors, with their signifiant resources, could clone what I'm doing quickly. However, at the same time, why haven't they done so already? I mean maybe I have a better understanding of the market than they do because they don't actually use their products. I know that sounds like a bit of a cop out in a way but there are plenty of entrepreneurs who have started companies and crushed it just because they were heads down and focused. Another problem I face, is that I think VCs may not be super excited about this because it's B2C-ish and it's not in a super exciting space. Maybe you could say it's in the AI video space, and they're excited about AI video, but it's just an AI video editor, not fully creating AI videos from scratch like SORA. I think since I blew up my TikTok feed before, that I could do it again, and if I get 2M views, and I have a outro on my video, that I could start to convert some of these as customers. Especially, if I started to create videos for creators which is more focused on the target market. So without funding, can I really tackle these existing competitors? PS. "I will not promote" but I have to talk about this somewhat abstractly but I won't link to anything.

Why raise in 2025? - I will not promote

I will not promote Lately, I've been thinking about how AI tools are completely reshaping what it means to bootstrap a startup. It honestly feels like we're living through a golden age for entrepreneurs where you don't necessarily need venture capital to build something big or meaningful. At my company, we're a small team of just four people, bootstrapping our AI-focused startup. Thanks to AI-powered tools, we're able to keep our burn rate ridiculously low, quickly test new ideas, and scale our operations way faster than we ever expected. It’s honestly pretty incredible how accessible advanced technology has become, even compared to just a few years ago. Of course, bootstrapping definitely comes with its own share of headaches. For example, we've noticed that funded startups get significantly better access to cloud credits, advertising budgets, and enterprise-level tools. We do have access to some discounts and free resources, but it rarely compares to what funded startups enjoy. This can feel frustrating, especially when you know you're competing directly with businesses that have those extra advantages. Visibility is another major challenge we've noticed. Without big funding announcements or a well-connected investor backing us, getting attention from media or even early adopters can be tough. It's just harder to make a splash without someone else's endorsement. We've had to accept and work around creatively. That said, there's something genuinely empowering about staying bootstrapped, prioritizing profitability, and maintaining control over our vision. After speaking with several investors, we've become aware of how investors can significantly influence or even redirect the trajectory of a business. We've heard stories where investors gained enough leverage to replace the original founders or have killed perfectly profitable businesses that were not growing "fast enough", which certainly gave us pause. They can definitely be helpful but giving the control over the future of my business to someone else would definitely make me feel anxious. At this time, we simply don't feel raising external capital aligns with our current goals, but we're also aware that this could change in the future. For now, maintaining autonomy and staying close to our original vision remains a priority. I'm curious to hear from others here who've been through this. Have you successfully bootstrapped an AI a tech business? What obstacles did you encounter, and how did you overcome them? EDIT: To give you a bit of perspective, my company is a B2B SaaS in the finance industry based in Europe. We have received VC funding in the past but it was an exceptionally good deal and we don't plan to raise in the near future even-thought it may change if we see the need to help us scale. We have also raised a significant amount in soft funding. Right now, we are growing on our revenues, and we plan to continue this trajectory. Recently, one of our developers left, and although we are a small team, we noticed that it had little to no impact on our productivity.

How a founder built a B2B AI startup to serve with 65+ global brands (including Fortune500 companies) (I will not promote)

AI Palette is an AI-driven platform that helps food and beverage companies predict emerging product trends. I had the opportunity recently to sit down with the founder to get his advice on building an AI-first startup, which he'll be going through in this post. (I will not promote) About AI Palette: Co-founders: >!2 (Somsubhra GanChoudhuri, Himanshu Upreti)!!100+!!$12.7M USD!!AI-powered predictive analytics for the CPG (Consumer Packaged Goods) industry!!Signed first paying customer in the first year!!65+ global brands, including Cargill, Diageo, Ajinomoto, Symrise, Mondelez, and L’Oréal, use AI Palette!!Every new product launched has secured a paying client within months!!Expanded into Beauty & Personal Care (BPC), onboarding one of India’s largest BPC companies within weeks!!Launched multiple new product lines in the last two years, creating a unified suite for brand innovation!Identify the pain points in your industry for ideas* When I was working in the flavour and fragrance industry, I noticed a major issue CPG companies faced: launching a product took at least one to two years. For instance, if a company decided today to launch a new juice, it wouldn’t hit the market until 2027. This long timeline made it difficult to stay relevant and on top of trends. Another big problem I noticed was that companies relied heavily on market research to determine what products to launch. While this might work for current consumer preferences, it was highly inefficient since the product wouldn’t actually reach the market for several years. By the time the product launched, the consumer trends had already shifted, making that research outdated. That’s where AI can play a crucial role. Instead of looking at what consumers like today, we realised that companies should use AI to predict what they will want next. This allows businesses to create products that are ahead of the curve. Right now, the failure rate for new product launches is alarmingly high, with 8 out of 10 products failing. By leveraging AI, companies can avoid wasting resources on products that won’t succeed, leading to better, more successful launches. Start by talking to as many industry experts as possible to identify the real problems When we first had the idea for AI Palette, it was just a hunch, a gut feeling—we had no idea whether people would actually pay for it. To validate the idea, we reached out to as many people as we could within the industry. Since our focus area was all about consumer insights, we spoke to professionals in the CPG sector, particularly those in the insights departments of CPG companies. Through these early conversations, we began to see a common pattern emerge and identified the exact problem we wanted to solve. Don’t tell people what you’re building—listen to their frustrations and challenges first. Going into these early customer conversations, our goal was to listen and understand their challenges without telling them what we were trying to build. This is crucial as it ensures that you can gather as much data about the problem to truly understand it and that you aren't biasing their answers by showing your solution. This process helped us in two key ways: First, it validated that there was a real problem in the industry through the number of people who spoke about experiencing the same problem. Second, it allowed us to understand the exact scale and depth of the problem—e.g., how much money companies were spending on consumer research, what kind of tools they were currently using, etc. Narrow down your focus to a small, actionable area to solve initially. Once we were certain that there was a clear problem worth solving, we didn’t try to tackle everything at once. As a small team of two people, we started by focusing on a specific area of the problem—something big enough to matter but small enough for us to handle. Then, we approached customers with a potential solution and asked them for feedback. We learnt that our solution seemed promising, but we wanted to validate it further. If customers are willing to pay you for the solution, it’s a strong validation signal for market demand. One of our early customer interviewees even asked us to deliver the solution, which we did manually at first. We used machine learning models to analyse the data and presented the results in a slide deck. They paid us for the work, which was a critical moment. It meant we had something with real potential, and we had customers willing to pay us before we had even built the full product. This was the key validation that we needed. By the time we were ready to build the product, we had already gathered crucial insights from our early customers. We understood the specific information they wanted and how they wanted the results to be presented. This input was invaluable in shaping the development of our final product. Building & Product Development Start with a simple concept/design to validate with customers before building When we realised the problem and solution, we began by designing the product, but not by jumping straight into coding. Instead, we created wireframes and user interfaces using tools like InVision and Figma. This allowed us to visually represent the product without the need for backend or frontend development at first. The goal was to showcase how the product would look and feel, helping potential customers understand its value before we even started building. We showed these designs to potential customers and asked for feedback. Would they want to buy this product? Would they pay for it? We didn’t dive into actual development until we found a customer willing to pay a significant amount for the solution. This approach helped us ensure we were on the right track and didn’t waste time or resources building something customers didn’t actually want. Deliver your solution using a manual consulting approach before developing an automated product Initially, we solved problems for customers in a more "consulting" manner, delivering insights manually. Recall how I mentioned that when one of our early customer interviewees asked us to deliver the solution, we initially did it manually by using machine learning models to analyse the data and presenting the results to them in a slide deck. This works for the initial stages of validating your solution, as you don't want to invest too much time into building a full-blown MVP before understanding the exact features and functionalities that your users want. However, after confirming that customers were willing to pay for what we provided, we moved forward with actual product development. This shift from a manual service to product development was key to scaling in a sustainable manner, as our building was guided by real-world feedback and insights rather than intuition. Let ongoing customer feedback drive iteration and the product roadmap Once we built the first version of the product, it was basic, solving only one problem. But as we worked closely with customers, they requested additional features and functionalities to make it more useful. As a result, we continued to evolve the product to handle more complex use cases, gradually developing new modules based on customer feedback. Product development is a continuous process. Our early customers pushed us to expand features and modules, from solving just 20% of their problems to tackling 50–60% of their needs. These demands shaped our product roadmap and guided the development of new features, ultimately resulting in a more complete solution. Revenue and user numbers are key metrics for assessing product-market fit. However, critical mass varies across industries Product-market fit (PMF) can often be gauged by looking at the size of your revenue and the number of customers you're serving. Once you've reached a certain critical mass of customers, you can usually tell that you're starting to hit product-market fit. However, this critical mass varies by industry and the type of customers you're targeting. For example, if you're building an app for a broad consumer market, you may need thousands of users. But for enterprise software, product-market fit may be reached with just a few dozen key customers. Compare customer engagement and retention with other available solutions on the market for product-market fit Revenue and the number of customers alone isn't always enough to determine if you're reaching product-market fit. The type of customer and the use case for your product also matter. The level of engagement with your product—how much time users are spending on the platform—is also an important metric to track. The more time they spend, the more likely it is that your product is meeting a crucial need. Another way to evaluate product-market fit is by assessing retention, i.e whether users are returning to your platform and relying on it consistently, as compared to other solutions available. That's another key indication that your solution is gaining traction in the market. Business Model & Monetisation Prioritise scalability Initially, we started with a consulting-type model where we tailor-made specific solutions for each customer use-case we encountered and delivered the CPG insights manually, but we soon realized that this wasn't scalable. The problem with consulting is that you need to do the same work repeatedly for every new project, which requires a large team to handle the workload. That is not how you sustain a high-growth startup. To solve this, we focused on building a product that would address the most common problems faced by our customers. Once built, this product could be sold to thousands of customers without significant overheads, making the business scalable. With this in mind, we decided on a SaaS (Software as a Service) business model. The benefit of SaaS is that once you create the software, you can sell it to many customers without adding extra overhead. This results in a business with higher margins, where the same product can serve many customers simultaneously, making it much more efficient than the consulting model. Adopt a predictable, simplistic business model for efficiency. Look to industry practices for guidance When it came to monetisation, we considered the needs of our CPG customers, who I knew from experience were already accustomed to paying annual subscriptions for sales databases and other software services. We decided to adopt the same model and charge our customers an annual upfront fee. This model worked well for our target market, aligning with industry standards and ensuring stable, recurring revenue. Moreover, our target CPG customers were already used to this business model and didn't have to choose from a huge variety of payment options, making closing sales a straightforward and efficient process. Marketing & Sales Educate the market to position yourself as a thought leader When we started, AI was not widely understood, especially in the CPG industry. We had to create awareness around both AI and its potential value. Our strategy focused on educating potential users and customers about AI, its relevance, and why they should invest in it. This education was crucial to the success of our marketing efforts. To establish credibility, we adopted a thought leadership approach. We wrote blogs on the importance of AI and how it could solve problems for CPG companies. We also participated in events and conferences to demonstrate our expertise in applying AI to the industry. This helped us build our brand and reputation as leaders in the AI space for CPG, and word-of-mouth spread as customers recognized us as the go-to company for AI solutions. It’s tempting for startups to offer products for free in the hopes of gaining early traction with customers, but this approach doesn't work in the long run. Free offerings don’t establish the value of your product, and customers may not take them seriously. You should always charge for pilots, even if the fee is minimal, to ensure that the customer is serious about potentially working with you, and that they are committed and engaged with the product. Pilots/POCs/Demos should aim to give a "flavour" of what you can deliver A paid pilot/POC trial also gives you the opportunity to provide a “flavour” of what your product can deliver, helping to build confidence and trust with the client. It allows customers to experience a detailed preview of what your product can do, which builds anticipation and desire for the full functionality. During this phase, ensure your product is built to give them a taste of the value you can provide, which sets the stage for a broader, more impactful adoption down the line. Fundraising & Financial Management Leverage PR to generate inbound interest from VCs When it comes to fundraising, our approach was fairly traditional—we reached out to VCs and used connections from existing investors to make introductions. However, looking back, one thing that really helped us build momentum during our fundraising process was getting featured in Tech in Asia. This wasn’t planned; it just so happened that Tech in Asia was doing a series on AI startups in Southeast Asia and they reached out to us for an article. During the interview, they asked if we were fundraising, and we mentioned that we were. As a result, several VCs we hadn’t yet contacted reached out to us. This inbound interest was incredibly valuable, and we found it far more effective than our outbound efforts. So, if you can, try to generate some PR attention—it can help create inbound interest from VCs, and that interest is typically much stronger and more promising than any outbound strategies because they've gone out of their way to reach out to you. Be well-prepared and deliberate about fundraising. Keep trying and don't lose heart When pitching to VCs, it’s crucial to be thoroughly prepared, as you typically only get one shot at making an impression. If you mess up, it’s unlikely they’ll give you a second chance. You need to have key metrics at your fingertips, especially if you're running a SaaS company. Be ready to answer questions like: What’s your retention rate? What are your projections for the year? How much will you close? What’s your average contract value? These numbers should be at the top of your mind. Additionally, fundraising should be treated as a structured process, not something you do on the side while juggling other tasks. When you start, create a clear plan: identify 20 VCs to reach out to each week. By planning ahead, you’ll maintain momentum and speed up the process. Fundraising can be exhausting and disheartening, especially when you face multiple rejections. Remember, you just need one investor to say yes to make it all worthwhile. When using funds, prioritise profitability and grow only when necessary. Don't rely on funding to survive. In the past, the common advice for startups was to raise money, burn through it quickly, and use it to boost revenue numbers, even if that meant operating at a loss. The idea was that profitability wasn’t the main focus, and the goal was to show rapid growth for the next funding round. However, times have changed, especially with the shift from “funding summer” to “funding winter.” My advice now is to aim for profitability as soon as possible and grow only when it's truly needed. For example, it’s tempting to hire a large team when you have substantial funds in the bank, but ask yourself: Do you really need 10 new hires, or could you get by with just four? Growing too quickly can lead to unnecessary expenses, so focus on reaching profitability as soon as possible, rather than just inflating your team or burn rate. The key takeaway is to spend your funds wisely and only when absolutely necessary to reach profitability. You want to avoid becoming dependent on future VC investments to keep your company afloat. Instead, prioritize reaching break-even as quickly as you can, so you're not reliant on external funding to survive in the long run. Team-Building & Leadership Look for complementary skill sets in co-founders When choosing a co-founder, it’s important to find someone with a complementary skill set, not just someone you’re close to. For example, I come from a business and commercial background, so I needed someone with technical expertise. That’s when I found my co-founder, Himanshu, who had experience in machine learning and AI. He was a great match because his technical knowledge complemented my business skills, and together we formed a strong team. It might seem natural to choose your best friend as your co-founder, but this can often lead to conflict. Chances are, you and your best friend share similar interests, skills, and backgrounds, which doesn’t bring diversity to the table. If both of you come from the same industry or have the same strengths, you may end up butting heads on how things should be done. Having diverse skill sets helps avoid this and fosters a more collaborative working relationship. Himanshu (left) and Somsubhra (right) co-founded AI Palette in 2018 Define roles clearly to prevent co-founder conflict To avoid conflict, it’s essential that your roles as co-founders are clearly defined from the beginning. If your co-founder and you have distinct responsibilities, there is no room for overlap or disagreement. This ensures that both of you can work without stepping on each other's toes, and there’s mutual respect for each other’s expertise. This is another reason as to why it helps to have a co-founder with a complementary skillset to yours. Not only is having similar industry backgrounds and skillsets not particularly useful when building out your startup, it's also more likely to lead to conflicts since you both have similar subject expertise. On the other hand, if your co-founder is an expert in something that you're not, you're less likely to argue with them about their decisions regarding that aspect of the business and vice versa when it comes to your decisions. Look for employees who are driven by your mission, not salary For early-stage startups, the first hires are crucial. These employees need to be highly motivated and excited about the mission. Since the salary will likely be low and the work demanding, they must be driven by something beyond just the paycheck. The right employees are the swash-buckling pirates and romantics, i.e those who are genuinely passionate about the startup’s vision and want to be part of something impactful beyond material gains. When employees are motivated by the mission, they are more likely to stick around and help take the startup to greater heights. A litmus test for hiring: Would you be excited to work with them on a Sunday? One of the most important rounds in the hiring process is the culture fit round. This is where you assess whether a candidate shares the same values as you and your team. A key question to ask yourself is: "Would I be excited to work with this person on a Sunday?" If there’s any doubt about your answer, it’s likely not a good fit. The idea is that you want employees who align with the company's culture and values and who you would enjoy collaborating with even outside of regular work hours. How we structure the team at AI Palette We have three broad functions in our organization. The first two are the big ones: Technical Team – This is the core of our product and technology. This team is responsible for product development and incorporating customer feedback into improving the technology Commercial Team – This includes sales, marketing, customer service, account managers, and so on, handling everything related to business growth and customer relations. General and Administrative Team – This smaller team supports functions like finance, HR, and administration. As with almost all businesses, we have teams that address the two core tasks of building (technical team) and selling (commercial team), but given the size we're at now, having the administrative team helps smoothen operations. Set broad goals but let your teams decide on execution What I've done is recruit highly skilled people who don't need me to micromanage them on a day-to-day basis. They're experts in their roles, and as Steve Jobs said, when you hire the right person, you don't have to tell them what to do—they understand the purpose and tell you what to do. So, my job as the CEO is to set the broader goals for them, review the plans they have to achieve those goals, and periodically check in on progress. For example, if our broad goal is to meet a certain revenue target, I break it down across teams: For the sales team, I’ll look at how they plan to hit that target—how many customers they need to sell to, how many salespeople they need, and what tactics and strategies they plan to use. For the technical team, I’ll evaluate our product offerings—whether they think we need to build new products to attract more customers, and whether they think it's scalable for the number of customers we plan to serve. This way, the entire organization's tasks are cascaded in alignment with our overarching goals, with me setting the direction and leaving the details of execution to the skilled team members that I hire.

I am considering starting a SaaS business that automates the creation of long-form SEO-optimized blog posts. Is this something you would find useful, as a business owner?

Trying to gauge the general interest level, from other entrepreneurs/business owners. The idea is, a tool that automates the process of creating long-form SEO optimized blog posts to promote your business -- perhaps creating entire batches of such posts, all from just one button click. Like if you could just describe your business, click a button, and BAM, it just outputs like an entire month's worth of absolutely fire SEO-optimized long-form blog posts? That would be super fucking convenient. Yes you can use ChatGPT for this, but the character limits make it so it can only output very short posts. Otherwise it requires first asking for an outline, then getting the different sections piecemeal and pasting it all together yourself. Still super time-consuming to do it that way. A GPT-based solution could probably automate the process I've hit upon in my own SEO blog-posting workflow -- where I output not just finished long-form blog posts, but also convert them into SEO-optimized HTML code so you can just paste it into your blog post website and have all the header tags etc set up for optimal SEO/keyword ranking purposes. Biggest counter-argument I make against this is, there are undoubtedly lots of companies already offering this. Doesn't mean I can't make money doing it. I just don't like entering super crowded marketplaces. Other main argument I have is, if I used my OpenAI account for this, there's the risk of some malicious/idiot user firing prompts that violate the OpenAI ToS and get me banned. I COULD have them input their own OpenAI API tokens, but that just adds adoption/usage barriers that would make it way harder to market/acquire initial customers. I guess I could sanitize the user inputs as a pre-processing step to block any obscene prompts or anything like that, but still, it's a risk. Let me know your thoughts on this idea. ASSUMING it worked effectively -- and made it very easy for you to just describe your business offerings / value propositions / target market(s), then get genuinely useful long-form SEO-optimized blog posts, is this something you'd be willing to pay for? If so, what dollar amount, to you, would seem reasonable? It would probably just be hosted on a website. Then you'd just copy the outputted final result for use as needed on your website. That would be the simplest way to do it. Technically it could function as like, a plugin for specific websites that maybe auto-posts them for you too -- it would be simpler, on my end, to start out doing this on a standalone website. (Might also make it easier to allow users to try it out, on first visit.) One last point -- MAYBE it would have an optional intermediate step, where it would first output the planned outline for the blog post, allowing you to pop in, quickly modify that, add your own thoughts / valuable ideas (to help make the blog post more unique, truly useful for readers, more your own) -- THEN you could finalize it and hit submit. Again, that's the workflow I've hit upon in my own semi-automated blog-posting workflow, and it's led to some pretty useful long-form content that isn't just, boring garbage, but contains lots of genuinely useful ideas that I would include in my own uniquely-created blog posts on the subject. But instead of me taking the time to write it, I just kinda toss in a few quickly typed out ideas to expand upon, and ChatGPT does the rest. Imagine that kind of optional / customizable workflow, but the rest of it is fully automated. OR you could just get the fully automated blog posts with no revisions on your part. Thanks!

The Evolution of Financial Technology: How CAs Are Embracing the Digital Age

The Evolution of Financial Technology: How CAs Are Embracing the Digital Age Introduction In an era characterized by rapid technological advancements, the field of finance is undergoing a transformative journey. The emergence of financial technology, or fintech, is reshaping the way businesses manage their finances, and Chartered Accountants (CAs) are at the forefront of this evolution. In this blog post, we'll explore how CAs are embracing fintech and leveraging its potential to enhance financial management, analysis, and advisory services. Fintech's Impact on Financial Services Fintech encompasses a wide range of technologies that leverage data analytics, artificial intelligence, blockchain, and automation to improve financial services. For CAs, this means new tools to streamline processes, enhance decision-making, and offer innovative solutions to clients. Automation of Routine Tasks CAs are increasingly using automation tools to handle repetitive tasks such as data entry, reconciliations, and transaction processing. This not only reduces the risk of human error but also frees up CAs to focus on higher-value tasks like strategic planning and analysis. Advanced Data Analytics Data analytics tools enable CAs to extract meaningful insights from large volumes of financial data. These insights can help businesses identify trends, anticipate risks, and make informed decisions to drive growth. Real-Time Financial Reporting Fintech enables CAs to provide clients with real-time financial reporting, giving businesses immediate access to critical information. This enhances transparency and empowers business owners to respond quickly to changing market conditions. Enhancing Audit Efficiency Fintech tools are revolutionizing the audit process. CAs can use AI-powered algorithms to analyze vast amounts of data, detect anomalies, and identify potential instances of fraud more efficiently. Personalized Financial Planning CAs can leverage fintech to offer personalized financial planning services. With access to detailed financial data, CAs can create tailored strategies that align with a client's unique goals and circumstances. Strengthening Cybersecurity As businesses become more reliant on digital tools, cybersecurity becomes paramount. CAs are playing a critical role in advising clients on cybersecurity measures to protect sensitive financial information. Virtual CFO Services Fintech enables CAs to offer virtual CFO services to startups and small businesses. Through digital platforms, CAs can provide expert financial advice and guidance remotely, making their expertise accessible to a wider range of clients. Embracing Blockchain Technology Blockchain's potential for secure and transparent record-keeping is of interest to CAs. They can explore applications in supply chain finance, smart contracts, and even audit trail verification. Continuous Learning in Fintech CAs recognize the importance of staying updated with fintech trends. Many are investing in continuous learning to master the use of new tools and technologies that can optimize their services. Conclusion The integration of fintech into the realm of finance is reshaping the landscape in profound ways. CAs are embracing these technologies to elevate their roles from traditional number-crunchers to strategic advisors, equipped with tools that enhance efficiency, accuracy, and insight. As fintech continues to evolve, CAs will remain pivotal in guiding businesses through the ever-changing financial landscape, leveraging technology to drive growth, innovation, and success. Find the top verified CA in your City Feel free to let me know if you'd like more blogs on different topics or if you have specific requirements for the content.

How do you learn details / potential strategy about technically important new laws in the jurisdictions you operate in?

I am reading “The Entrepreneur’s Guide to Law and Strategy” and it’s really fantastic so far about giving a pretty great overview of these aspects of business. It was published by Wiley (a reputable textbook publisher) in 2018. In one chapter, the authors go into the EU’s “right to be forgotten” and it got me thinking about complying with laws like that. Unfortunately, the latest edition of the book is still nearly 7 years old and written pre-COVID, pre-genAI, pre-social network and privacy pushback, etc. I assume every time a new law comes out that can impact my business (say, a random privacy law in California) that businesses aren’t just telling their lawyers “use any amount of hours you need to in order to read the San Jose papers every day and then write me a one paragraph brief with an outline and potential changes needed to our business, also all the other papers across the world”. They’d spend a fortune. There has to be something I’m missing. Is there a law review for business that I should be following? I operate in the US only at this time. A more technical newspaper (I take WSJ, but it’s not technical enough for this sort of thing. It might give the “what”, but won’t give a small business owner “what to do with it”)? PS: I’m the type of person who read every word of my mortgage. I am aware the answer might be “don’t worry about it”. But I do worry about it, and am trying to fix that. For example, the insanely popular new lawsuits about website accessibility. I want to avoid things (essentially low hanging lawsuit fruit) like that before they happen to me.

The Evolution of Financial Technology: How CAs Are Embracing the Digital Age

The Evolution of Financial Technology: How CAs Are Embracing the Digital Age Introduction In an era characterized by rapid technological advancements, the field of finance is undergoing a transformative journey. The emergence of financial technology, or fintech, is reshaping the way businesses manage their finances, and Chartered Accountants (CAs) are at the forefront of this evolution. In this blog post, we'll explore how CAs are embracing fintech and leveraging its potential to enhance financial management, analysis, and advisory services. Fintech's Impact on Financial Services Fintech encompasses a wide range of technologies that leverage data analytics, artificial intelligence, blockchain, and automation to improve financial services. For CAs, this means new tools to streamline processes, enhance decision-making, and offer innovative solutions to clients. Automation of Routine Tasks CAs are increasingly using automation tools to handle repetitive tasks such as data entry, reconciliations, and transaction processing. This not only reduces the risk of human error but also frees up CAs to focus on higher-value tasks like strategic planning and analysis. Advanced Data Analytics Data analytics tools enable CAs to extract meaningful insights from large volumes of financial data. These insights can help businesses identify trends, anticipate risks, and make informed decisions to drive growth. Real-Time Financial Reporting Fintech enables CAs to provide clients with real-time financial reporting, giving businesses immediate access to critical information. This enhances transparency and empowers business owners to respond quickly to changing market conditions. Enhancing Audit Efficiency Fintech tools are revolutionizing the audit process. CAs can use AI-powered algorithms to analyze vast amounts of data, detect anomalies, and identify potential instances of fraud more efficiently. Personalized Financial Planning CAs can leverage fintech to offer personalized financial planning services. With access to detailed financial data, CAs can create tailored strategies that align with a client's unique goals and circumstances. Strengthening Cybersecurity As businesses become more reliant on digital tools, cybersecurity becomes paramount. CAs are playing a critical role in advising clients on cybersecurity measures to protect sensitive financial information. Virtual CFO Services Fintech enables CAs to offer virtual CFO services to startups and small businesses. Through digital platforms, CAs can provide expert financial advice and guidance remotely, making their expertise accessible to a wider range of clients. Embracing Blockchain Technology Blockchain's potential for secure and transparent record-keeping is of interest to CAs. They can explore applications in supply chain finance, smart contracts, and even audit trail verification. Continuous Learning in Fintech CAs recognize the importance of staying updated with fintech trends. Many are investing in continuous learning to master the use of new tools and technologies that can optimize their services. Conclusion The integration of fintech into the realm of finance is reshaping the landscape in profound ways. CAs are embracing these technologies to elevate their roles from traditional number-crunchers to strategic advisors, equipped with tools that enhance efficiency, accuracy, and insight. As fintech continues to evolve, CAs will remain pivotal in guiding businesses through the ever-changing financial landscape, leveraging technology to drive growth, innovation, and success. Find the top verified CA in your City Feel free to let me know if you'd like more blogs on different topics or if you have specific requirements for the content.

Would You Pay for a Simple Course on How Small Businesses Can Integrate AI Without the Noise?

Helli, I’m Dan, and I’ve spent a lot of time exploring and working with various business tools. Over the years, I’ve self-taught myself how to navigate the overwhelming amount of information out there about AI and its potential for small businesses. One thing I’ve noticed is that many small business owners are struggling to cut through the noise and figure out how AI can actually help their businesses—without needing a tech background or spending a fortune. So, I’m working on a simple, actionable course designed specifically for small businesses. It would cover: Filtering through the hype and picking the right AI tools Practical applications like automating social media, customer service, or invoicing Using data to make better decisions Balancing automation with the human touch The idea is to make it straightforward and practical, showing real tools in action that you can implement right away. Would you find value in a course like this? If so, what would you want to learn, and what price point feels reasonable for such content? Thanks for your input—I’d love to make something that’s genuinely helpful for the community!

Would You Pay for a Simple Course on How Small Businesses Can Integrate AI Without the Noise?

Helli, I’m Dan, and I’ve spent a lot of time exploring and working with various business tools. Over the years, I’ve self-taught myself how to navigate the overwhelming amount of information out there about AI and its potential for small businesses. One thing I’ve noticed is that many small business owners are struggling to cut through the noise and figure out how AI can actually help their businesses—without needing a tech background or spending a fortune. So, I’m working on a simple, actionable course designed specifically for small businesses. It would cover: Filtering through the hype and picking the right AI tools Practical applications like automating social media, customer service, or invoicing Using data to make better decisions Balancing automation with the human touch The idea is to make it straightforward and practical, showing real tools in action that you can implement right away. Would you find value in a course like this? If so, what would you want to learn, and what price point feels reasonable for such content? Thanks for your input—I’d love to make something that’s genuinely helpful for the community!

What I learn from my $200 MRR App I built 4 months ago?

4 month ago, I am just a 10-years experienced product manager without any software development experience. I have an $3K/month job, but I am so tired, I don’t like my life, don’t like my boss, don’t like my daily work, that make me feeling I already died however I am still living. I yearn for freedom and want to live each day the way I want to. So I quit my job, and become a Indie developer to build my own business, my own app, even my own life. I am so grateful for this time and experience, now my app reach $200 MRR, still very little compared to my previous salary, but I never regret. I have learned lots of things from this time and experience, more than I had in last 10 years. Here is the time-line of my App: \- Sep 2023: Launch first version to iOS App store \- Oct 2023: Release in-app-purchase features and have first subscriber, the revenue in October is $154 \- Nov 2023: Change from subscription to pay per use, and I did lots of marketing jobs in November, however, the revenue reduced to only $40. \- Dec 2023: Change back to subscription, and stop some invalid marketing jobs, only keep the ones that actually work. I almost did nothing in December, and the revenue come to $243. During this process, I have learned lots of things, there are some of them that I think could help you as well. Web or App My App is an iOS app that only can running on Apple’s device such like iPhone/iPad or Mac with Apple silicon. Many people ask me why my product is an iOS app not a website, because they don’t have any Apple device. It's true that promoting an app is much harder than promoting a website. However I am now very glad I made an App and not a website! If I make a website, I don't think it's possible to make $100 in the first month. My App is about keyword research, to help people find some ideas from search keyword, because every keyword people searched in Google are representing a real need of them, also can be used in SEO field. However there are a lot of website tools about keyword research, some of them are famous like Ahrefs, SEMrush… I have no intention of competing with them. Actually I don’t have any chance. While in app store, there are little apps about keyword research, each of them have terrible data and user experience, that means if my app has better data and experience that could be my chance. In fact, the App store brings me 20 organic installs a day that Google would never have been able to bring me if I had a website, at least for the first few months. Furthermore, Apple nearly did everything for developer, I don’t need to care about user login, payment and so on, Apple did everything, I just need to call their API, that save lots of time, if I build a website, I need to implement login and payment by myself, that would add some extra work. Not to mention I'd need to buy servers and domains, that would cost me a lot of money. Although Apple will take 30% of the revenue, I can live with that in the early stages because the most important thing for me is to get the product to market as soon as possible. Actually thought Apple’s SMB program, the take rate is 15% now. So Web or App is not important in the early stage, time is important, if people need my product, it's easy to make a website one. More Users or More Valuable Users In November, I notice some users would like use my app, and they were meet paywall, but they never subscribe. I provided 7 day free trail, but it seem that they don’t like it. So I decide to change subscription to pay per use. Because as a user, I don’t like subscription as well, pay per use seem like more friendly. So I change from subscription to pay per use. People can afford $9.99 to subscribe monthly for unlimited use or pay $1.99 for each data they want(First purchase is $0.99 then $1.99). I was expecting more user to pay, but it was the complete opposite! Some users who would have paid a higher subscription fee are switching to a lower priced single payment. Users are encountering paywalls more often, and each time they need to make a decision about whether or not to pay, which increases the probability that they will abandon payment. This resulted in a 75% decrease in revenue in November. In fact, the mostly of my revenue comes from a handful of long-cycle subscribers, such as annual subscription. \\Few bring in most of the revenue,\\ that is the most important thing I learned. You don't need a lot of customers, you just need more valuable ones. That's why it's only right to design a mechanism to filter out high-value customers and focus on them, all the things you want do is just let more people into the filter, and from that point of view, subscription with free trial period is the best way, even if most people don't like it. The rule of 20/80 will always be there. The most important thing is always focus on the 20 percent things and people. Effort does not always guarantee rewards. Unless one engages in deep thinking, or most efforts are invalid. I have been working very hard to promote my product for a period of time. It’s about in November. I did a lot of job, such as write script to send message to my potential clients on Fiverr, post and write comments on others post on Reddit, find related questions and answer them on Quora, post and comments on Twitte, etc. During that period, I was exhausted every day, but the outcome did not meet my expectations. There is only little growth on App installation, even less revenue than before. That make me frustrated. I finally realized that If I need to put in a tremendous amount of effort just to make a little progress, there is must something wrong. So I stop 80% of promote work I have ever did, only keep app store search ad, which will bring a installation with less than $0.5 cost. Then I dive into long time and deeply thinking, I spent more time on reading books, investigate other product with great MRR, watch interviews with people who are already living the kind of life I aspire to live, for example, u/levelsio. These things have given me great inspiration, and my life has become easier. It seems that the life I anticipated when I resigned is getting closer. I also have a clearer understanding of my app. Meanwhile, MRR has been growing. This experience let me learn that effort does not always guarantee results. Many times, our efforts are just wishful thinking, they are invalid, do the right thing after deeply thinking is more important. What Next? My goal is reach $3K MRR, as same as my job payment, I will never stop to building things, and I will keep my currently lifestyle. I still don't know how to get more people to use my app, but levelsio's interviews give me some inspiration that I can verified something by manually instead of build a software. I plan to launch a trend analysis product based on the keyword data provided by my current app. I have always wanted to combine AI to build such a product, but I didn't know how to do it. Now I intend to manually complete it first and start software development once there are paying users. If you are interested to my App, you could try it.

GPT Weekly - 19the June Edition - OpenAI's function calling, Meta's free LLM, EU Regulation and more.

This is a recap covering the major news from last week. 🔥Top 3 news - OpenAI’s updates, Meta’s upcoming free LLM and EU Regulation 🗞️Interesting reads include PSA about protecting your keys, The GPT ouroboros, Reddit - OpenAI’s moat, and more.. 🧑‍🎓Learning includes a Step-by-step guide from a non-technical founder who launched his MVP, Chatbot for your Gdrive and more 🔥Top 3 AI news in the past week OpenAI: New Pricing, Models, & Functions OpenAI has been on a roll. Last week we saw the release of OpenAI best practice on using GPT. This week we saw some amazing updates. Three major buckets were: First, the price decreases for both embeddings and GPT-3.5 tokens. Second, new models for gpt-4 and gpt-3.5. A new longer context model for gpt-3.5. Third, a new function calling capability. Why is it important? Previously, the output from OpenAI was all text. So, calling an external API from GPT was quite difficult. You had to parse the text data and things were often incorrect. Langchain created the Agents and Tools feature to tackle this problem. It was still unreliable and prone to issues. Now you get native support to generate a fixed format output. You can use the output to generate functional calls and also pass functions which need to be called. For example, if your app has multiple API endpoints then you can use GPT to generate the API calls with parameters. You can also pass the endpoints as function calls to ensure the correct function is executed. This functionality can further be used to generate structured data (JSON) out of GPT. So, you can generate data from GPT and load it into your backend. What’s next? This functionality allows turning natural language responses into structured data. This can be used to create “intelligent” backends using LLMs. We might see implementations in no-code tools to allow more robust and natural-language tools for non-technical folks. The structured data process goes both ways. You can also feed structured data into GPT for better responses. This feature also has its share of issues. Function calling suffers from the same prompt injection issues. Malicious actors can pass malicious code in function or the responses. For example, creation of queries using functions might contain malicious code to delete data. Without proper user validation this code will be executed automatically and delete data. So, using LLM as the back-end layer needs proper security implementation. Meta's LLM: Commercial Use Ahead Llama has been a boon for the open source community. Many of the open source models rely on Llama. The issue is that Llama is research-only and cannot be used commercially. So, no one can use it to build any product. Meta is now working on the next version of the model. This model will be available for commercial use. This is in stark contrast to both OpenAI and Google. Both safe-guarde their models and make it available through API. Why is it important? Certain industries cannot use LLM APIs because of strict restrictions on data privacy. These companies would want to run their own instance of a foundational model. A commercially available foundational model is also going to help people who want to keep their “API call” costs next to 0. A commercially available free-for-all model will also help push the open source community further. Just like Llama. What’s next? Sam Altman has said OpenAI didn’t release GPT-3 as open-source because they didn’t think people would be able to run it. Now OpenAI is working on an open-source model. This is going to be weaker than GPT-4. Let the battle of LLMs begin. EU's Proposed Legislation and Its Impact on AI Usage The EU parliament voted to move ahead with the E.U. AI Act. This act aims to ensure consumer protection against the dangers of AI. Why is it important? OpenAI and Sam Altman want regulations for models. They have proposed a IAEA-type of agency to stop the proliferation of LLM models. As per OpenAI, all models should be regulated and monitored. The suggestion of a license based regulation has led to significant backlash. Many people have called it “regulatory capture” - with the aim of shutting down competing LLMs. Licensing based regulations might not really be effective. The EU is approaching regulation from a different angle. It doesn’t focus on how models are developed. Rather focuses on how AI will/can be used. They have broken down use cases into 4 categories - unacceptable (prohibited), high, medium and low risk. For example, Building a Pre-Crime software,on%20crimes%20not%20yet%20committed.) to predict crimes? Building a Social credit system? Unacceptable. Using tools to influence elections or recommendation algorithms? High (Highly regulated). Using generative AI tools to create text or images on news sites? Medium (Add label that the content is AI generated) AI providers also need to disclose their training source. To me this sounds like good legislation. What do you guys think? But, OpenAI has warned that EU regulations might force them to pull out completely. What’s next? The disclosure requirements might help various publishing companies. AI and media companies are in talks to pay for training data. Google has been leading the charge. Additionally, OpenAI and Deepmind will open their models for safety and research purposes to the UK government. 🗞️10 AI news highlights and interesting reads PSA: If you are using Repl to write code, you might want to check your OpenAI API keys. If you have left them embedded then people can pirate and steal the keys. LLMs rely on human annotation or human feedback to learn. And one way to generate human annotation is crowdsourcing. But what if the crowdsource human annotators use LLMs? Research shows 33-46% workers used LLMs. So, basically we go from Human -> AI -> Human -> AI. The AI ouroboros. Researchers also say generated data to train models might cause serious issue. All the talks about moats \- Reddit might be OpenAI’s \future\ moat. Given the amount of complaints about how Google search experience has deteriorated during the blackout, this might be true? Doctors are using ChatGPT but not to diagnose.Rather to be more empathetic. We discussed this just a month ago. And guess where the data for this study came from? Reddit AskDocs. Moat FTW?! Beatles to make a comeback…using Generative AI. SnapFusion - Text to Image diffusion on mobile phones. Large context lengths are important for better GPT experience. The secret sauce for 100k context length. There is a lot of bad AI research out there. Some border on snake oil. Most AI “research” should be double checked and challenged. A new research on huggingface said that GPT-4 can ace MIT curriculum. Now someone is replicating the results and say that GPT-4 can’t beat MIT. Are we seeing peak AI? Especially when people from Deepmind and Meta are involved? Mistral AI raised $113 million in seed round with no product. Some might say this funding is for the team and the team is really solid. The issue though is whether the valuation is justified when OpenAI and Google already have a head start. The AI Hype Wall of Shame. \- Collection of articles which mislead people about AI in various aspects. 🧑‍🎓3 Learning Resources Building and Launching a company using GPT-4 with prompts. (The author didn’t know how to code but created and launched the MVP in a month). Chatbot for your Gdrive - https://www.haihai.ai/gpt-gdrive/ Building ChatGPT plugin using Supabase - https://supabase.com/blog/building-chatgpt-plugins-template That’s it folks. Thank you for reading and have a great week ahead. If you are interested in a focused weekly recap delivered to your inbox on Mondays you can subscribe here. It is FREE!

Study Plan for Learning Data Science Over the Next 12 Months [D]

In this thread, I address a study plan for 2021. In case you're interested, I wrote a whole article about this topic: Study Plan for Learning Data Science Over the Next 12 Months Let me know your thoughts on this. ​ https://preview.redd.it/emg20nzhet661.png?width=1170&format=png&auto=webp&s=cf09e4dc5e82ba2fd7b57c706ba2873be57fe8de We are ending 2020 and it is time to make plans for next year, and one of the most important plans and questions we must ask is what do we want to study?, what do we want to enhance?, what changes do we want to make?, and what is the direction we are going to take (or continue) in our professional careers?. Many of you will be starting on the road to becoming a data scientist, in fact you may be evaluating it, since you have heard a lot about it, but you have some doubts, for example about the amount of job offers that may exist in this area, doubts about the technology itself, and about the path you should follow, considering the wide range of options to learn. I’m a believer that we should learn from various sources, from various mentors, and from various formats. By sources I mean the various virtual platforms and face-to-face options that exist to study. By mentors I mean that it is always a good idea to learn from different points of view and learning from different teachers/mentors, and by formats I mean the choices between books, videos, classes, and other formats where the information is contained. When we extract information from all these sources we reinforce the knowledge learned, but we always need a guide, and this post aims to give you some practical insights and strategies in this regard. To decide on sources, mentors and formats it is up to you to choose. It depends on your preferences and ease of learning: for example, some people are better at learning from books, while others prefer to learn from videos. Some prefer to study on platforms that are practical (following online code), and others prefer traditional platforms: like those at universities (Master’s Degree, PHDs or MOOCs). Others prefer to pay for quality content, while others prefer to look only for free material. That’s why I won’t give a specific recommendation in this post, but I’ll give you the whole picture: a study plan. To start you should consider the time you’ll spend studying and the depth of learning you want to achieve, because if you find yourself without a job you could be available full time to study, which is a huge advantage. On the other hand, if you are working, you’ll have less time and you’ll have to discipline yourself to be able to have the time available in the evenings, mornings or weekends. Ultimately, the important thing is to meet the goal of learning and perhaps dedicating your career to this exciting area! We will divide the year into quarters as follows First Quarter: Learning the Basics Second Quarter: Upgrading the Level: Intermediate Knowledge Third Quarter: A Real World Project — A Full-stack Project Fourth Quarter: Seeking Opportunities While Maintaining Practice First Quarter: Learning the Basics ​ https://preview.redd.it/u7t9bthket661.png?width=998&format=png&auto=webp&s=4ad29cb43618e7acf793259243aa5a60a8535f0a If you want to be more rigorous you can have start and end dates for this period of study of the bases. It could be something like: From January 1 to March 30, 2021 as deadline. During this period you will study the following: A programming language that you can apply to data science: Python or R. We recommend Python due to the simple fact that approximately 80% of data science job offers ask for knowledge in Python. That same percentage is maintained with respect to the real projects you will find implemented in production. And we add the fact that Python is multipurpose, so you won’t “waste” your time if at some point you decide to focus on web development, for example, or desktop development. This would be the first topic to study in the first months of the year. Familiarize yourself with statistics and mathematics. There is a big debate in the data science community about whether we need this foundation or not. I will write a post later on about this, but the reality is that you DO need it, but ONLY the basics (at least in the beginning). And I want to clarify this point before continuing. We could say that data science is divided in two big fields: Research on one side and putting Machine Learning algorithms into production on the other side. If you later decide to focus on Research then you are going to need mathematics and statistics in depth (very in depth). If you are going to go for the practical part, the libraries will help you deal with most of it, under the hood. It should be noted that most job offers are in the practical part. For both cases, and in this first stage you will only need the basics of: Statistics (with Python and NumPy) Descriptive statistics Inferential Statistics Hypothesis testing Probability Mathematics (with Python and NumPy) Linear Algebra (For example: SVD) Multivariate Calculus Calculus (For example: gradient descent) Note: We recommend that you study Python first before seeing statistics and mathematics, because the challenge is to implement these statistical and mathematical bases with Python. Don’t look for theoretical tutorials that show only slides or statistical and/or mathematical examples in Excel/Matlab/Octave/SAS and other different to Python or R, it gets very boring and impractical! You should choose a course, program or book that teaches these concepts in a practical way and using Python. Remember that Python is what we finally use, so you need to choose well. This advice is key so you don’t give up on this part, as it will be the most dense and difficult. If you have these basics in the first three months, you will be ready to make a leap in your learning for the next three months. Second Quarter: Upgrading the Level: Intermediate Knowledge ​ https://preview.redd.it/y1y55vynet661.png?width=669&format=png&auto=webp&s=bd3e12bb112943025c39a8975faf4d64514df275 If you want to be more rigorous you can have start and end dates for this period of study at the intermediate level. It could be something like: From April 1 to June 30, 2021 as deadline. Now that you have a good foundation in programming, statistics and mathematics, it is time to move forward and learn about the great advantages that Python has for applying data analysis. For this stage you will be focused on: Data science Python stack Python has the following libraries that you should study, know and practice at this stage Pandas: for working with tabular data and make in-depth analysis Matplotlib and Seaborn: for data visualization Pandas is the in-facto library for data analysis, it is one of the most important (if not the most important) and powerful tools you should know and master during your career as a data scientist. Pandas will make it much easier for you to manipulate, cleanse and organize your data. Feature Engineering Many times people don’t go deep into Feature Engineering, but if you want to have Machine Learning models that make good predictions and improve your scores, spending some time on this subject is invaluable! Feature engineering is the process of using domain knowledge to extract features from raw data using data mining techniques. These features can be used to improve the performance of machine learning algorithms. Feature engineering can be considered as applied machine learning itself. To achieve the goal of good feature engineering you must know the different techniques that exist, so it is a good idea to at least study the main ones. Basic Models of Machine Learning At the end of this stage you will start with the study of Machine Learning. This is perhaps the most awaited moment! This is where you start to learn about the different algorithms you can use, which particular problems you can solve and how you can apply them in real life. The Python library we recommend you to start experimenting with ML is: scikit-learn. However it is a good idea that you can find tutorials where they explain the implementation of the algorithms (at least the simplest ones) from scratch with Python, since the library could be a “Black Box” and you might not understand what is happening under the hood. If you learn how to implement them with Python, you can have a more solid foundation. If you implement the algorithms with Python (without a library), you will put into practice everything seen in the statistics, mathematics and Pandas part. These are some recommendations of the algorithms that you should at least know in this initial stage Supervised learning Simple Linear Regression Multiple Linear Regression K-nearest neighbors (KNN) Logistic Regression Decision Trees Random Forest Unsupervised Learning K-Means PCA Bonus: if you have the time and you are within the time ranges, you can study these others Gradient Boosting Algorithms GBM XGBoost LightGBM CatBoost Note: do not spend more than the 3 months stipulated for this stage. Because you will be falling behind and not complying with the study plan. We all have shortcomings at this stage, it is normal, go ahead and then you can resume some concepts that did not understand in detail. The important thing is to have the basic knowledge and move forward! If at least you succeed to study the mentioned algorithms of supervised and unsupervised learning, you will have a very clear idea of what you will be able to do in the future. So don’t worry about covering everything, remember that it is a process, and ideally you should have some clearly established times so that you don’t get frustrated and feel you are advancing. So far, here comes your “theoretical” study of the basics of data science. Now we’ll continue with the practical part! Third Quarter: A Real World Project — A Full-stack Project ​ https://preview.redd.it/vrn783vqet661.png?width=678&format=png&auto=webp&s=664061b3d33b34979b74b10b9f8a3d0f7b8b99ee If you want to be more rigorous you can have start and end dates for this period of study at the intermediate level. It could be something like: From July 1 to September 30, 2021 as deadline. Now that you have a good foundation in programming, statistics, mathematics, data analysis and machine learning algorithms, it is time to move forward and put into practice all this knowledge. Many of these suggestions may sound out of the box, but believe me they will make a big difference in your career as a data scientist. The first thing is to create your web presence: Create a Github (or GitLab) account, and learn Git*. Being able to manage different versions of your code is important, you should have version control over them, not to mention that having an active Github account is very valuable in demonstrating your true skills. On Github, you can also set up your Jupyter Notebooks and make them public, so you can show off your skills as well. This is mine for example: https://github.com/danielmoralesp Learn the basics of web programming*. The advantage is that you already have Python as a skill, so you can learn Flask to create a simple web page. Or you can use a template engine like Github Pages, Ghost or Wordpress itself and create your online portfolio. Buy a domain with your name*. Something like myname.com, myname.co, myname.dev, etc. This is invaluable so you can have your CV online and update it with your projects. There you can make a big difference, showing your projects, your Jupyter Notebooks and showing that you have the practical skills to execute projects in this area. There are many front-end templates for you to purchase for free or for payment, and give it a more personalized and pleasant look. Don’t use free sub-domains of Wordpress, Github or Wix, it looks very unprofessional, make your own. Here is mine for example: https://www.danielmorales.dev/ Choose a project you are passionate about and create a Machine Learning model around it. The final goal of this third quarter is to create ONE project, that you are passionate about, and that is UNIQUE among others. It turns out that there are many typical projects in the community, such as predicting the Titanic Survivors, or predicting the price of Houses in Boston. Those kinds of projects are good for learning, but not for showing off as your UNIQUE projects. If you are passionate about sports, try predicting the soccer results of your local league. If you are passionate about finance, try predicting your country’s stock market prices. If you are passionate about marketing, try to find someone who has an e-commerce and implement a product recommendation algorithm and upload it to production. If you are passionate about business: make a predictor of the best business ideas for 2021 :) As you can see, you are limited by your passions and your imagination. In fact, those are the two keys for you to do this project: Passion and Imagination. However don’t expect to make money from it, you are in a learning stage, you need that algorithm to be deployed in production, make an API in Flask with it, and explain in your website how you did it and how people can access it. This is the moment to shine, and at the same time it’s the moment of the greatest learning. You will most likely face obstacles, if your algorithm gives 60% of Accuracy after a huge optimization effort, it doesn’t matter, finish the whole process, deploy it to production, try to get a friend or family member to use it, and that will be the goal achieved for this stage: Make a Full-stack Machine Learning project. By full-stack I mean that you did all the following steps: You got the data from somewhere (scrapping, open data or API) You did a data analysis You cleaned and transformed the data You created Machine Learning Models You deployed the best model to production for other people to use. This does not mean that this whole process is what you will always do in your daily job, but it does mean that you will know every part of the pipeline that is needed for a data science project for a company. You will have a unique perspective! Fourth Quarter: Seeking Opportunities While Maintaining Practice ​ https://preview.redd.it/qd0osystet661.png?width=1056&format=png&auto=webp&s=2da456b15985b2793041256f5e45bca99a23b51a If you want to be more rigorous you can have start and end dates for this period of study at the final level. It could be something like: From October 1 to December 31, 2021 as deadline. Now you have theoretical and practical knowledge. You have implemented a model in production. The next step depends on you and your personality. Let’s say you are an entrepreneur, and you have the vision to create something new from something you discovered or saw an opportunity to do business with this discipline, so it’s time to start planning how to do it. If that’s the case, obviously this post won’t cover that process, but you should know what the steps might be (or start figuring them out). But if you are one of those who want to get a job as a data scientist, here is my advice. Getting a job as a data scientist “You’re not going to get a job as fast as you think, if you keep thinking the same way”.Author It turns out that all people who start out as data scientists imagine themselves working for the big companies in their country or region. Or even remote. It turns out that if you aspire to work for a large company like data scientist you will be frustrated by the years of experience they ask for (3 or more years) and the skills they request. Large companies don’t hire Juniors (or very few do), precisely because they are already large companies. They have the financial muscle to demand experience and skills and can pay a commensurate salary (although this is not always the case). The point is that if you focus there you’re going to get frustrated! Here we must return to the following advise: “You need creativity to get a job in data science”. Like everything else in life we have to start at different steps, in this case, from the beginning. Here are the scenarios If you are working in a company and in a non-engineering role you must demonstrate your new skills to the company you are working for*. If you are working in the customer service area, you should apply it to your work, and do for example, detailed analysis of your calls, conversion rates, store data and make predictions about it! If you can have data from your colleagues, you could try to predict their sales! This may sound funny, but it’s about how creatively you can apply data science to your current work and how to show your bosses how valuable it is and EVANGELIZE them about the benefits of implementation. You’ll be noticed and they could certainly create a new data related department or job. And you already have the knowledge and experience. The key word here is Evangelize. Many companies and entrepreneurs are just beginning to see the power of this discipline, and it is your task to nurture that reality. If you are working in an area related to engineering, but that is not data science*. Here the same applies as the previous example, but you have some advantages, and that is that you could access the company’s data, and you could use it for the benefit of the company, making analyses and/or predictions about it, and again EVANGELIZING your bosses your new skills and the benefits of data science. If you are unemployed (or do not want, or do not feel comfortable following the two examples above)*, you can start looking outside, and what I recommend is that you look for technology companies and / or startups where they are just forming the first teams and are paying some salary, or even have options shares of the company. Obviously here the salaries will not be exorbitant, and the working hours could be longer, but remember that you are in the learning and practice stage (just in the first step), so you can not demand too much, you must land your expectations and fit that reality, and stop pretending to be paid $ 10,000 a month at this stage. But, depending of your country $1.000 USD could be something very interesting to start this new career. Remember, you are a Junior at this stage. The conclusion is: don’t waste your time looking at and/or applying to offers from big companies, because you will get frustrated. Be creative, and look for opportunities in smaller or newly created companies. Learning never stops While you are in that process of looking for a job or an opportunity, which could take half of your time (50% looking for opportunities, 50% staying in practice), you have to keep learning, you should advance to concepts such as Deep Learning, Data Engineer or other topics that you feel were left loose from the past stages or focus on the topics that you are passionate about within this group of disciplines in data science. At the same time you can choose a second project, and spend some time running it from end-to-end, and thus increase your portfolio and your experience. If this is the case, try to find a completely different project: if the first one was done with Machine Learning, let this second one be done with Deep learning. If the first one was deployed to a web page, that this second one is deployed to a mobile platform. Remember, creativity is the key! Conclusion We are at an ideal time to plan for 2021, and if this is the path you want to take, start looking for the platforms and media you want to study on. Get to work and don’t miss this opportunity to become a data scientist in 2021! Note: we are building a private community in Slack of data scientist, if you want to join us write to the email: support@datasource.ai I hope you enjoyed this reading! you can follow me on twitter or linkedin Thank you for reading!

MMML | Deploy HuggingFace training model rapidly based on MetaSpore

A few days ago, HuggingFace announced a $100 million Series C funding round, which was big news in open source machine learning and could be a sign of where the industry is headed. Two days before the HuggingFace funding announcement, open-source machine learning platform MetaSpore released a demo based on the HuggingFace Rapid deployment pre-training model. As deep learning technology makes innovative breakthroughs in computer vision, natural language processing, speech understanding, and other fields, more and more unstructured data are perceived, understood, and processed by machines. These advances are mainly due to the powerful learning ability of deep learning. Through pre-training of deep models on massive data, the models can capture the internal data patterns, thus helping many downstream tasks. With the industry and academia investing more and more energy in the research of pre-training technology, the distribution warehouses of pre-training models such as HuggingFace and Timm have emerged one after another. The open-source community release pre-training significant model dividends at an unprecedented speed. In recent years, the data form of machine modeling and understanding has gradually evolved from single-mode to multi-mode, and the semantic gap between different modes is being eliminated, making it possible to retrieve data across modes. Take CLIP, OpenAI’s open-source work, as an example, to pre-train the twin towers of images and texts on a dataset of 400 million pictures and texts and connect the semantics between pictures and texts. Many researchers in the academic world have been solving multimodal problems such as image generation and retrieval based on this technology. Although the frontier technology through the semantic gap between modal data, there is still a heavy and complicated model tuning, offline data processing, high performance online reasoning architecture design, heterogeneous computing, and online algorithm be born multiple processes and challenges, hindering the frontier multimodal retrieval technologies fall to the ground and pratt &whitney. DMetaSoul aims at the above technical pain points, abstracting and uniting many links such as model training optimization, online reasoning, and algorithm experiment, forming a set of solutions that can quickly apply offline pre-training model to online. This paper will introduce how to use the HuggingFace community pre-training model to conduct online reasoning and algorithm experiments based on MetaSpore technology ecology so that the benefits of the pre-training model can be fully released to the specific business or industry and small and medium-sized enterprises. And we will give the text search text and text search graph two multimodal retrieval demonstration examples for your reference. Multimodal semantic retrieval The sample architecture of multimodal retrieval is as follows: Our multimodal retrieval system supports both text search and text search application scenarios, including offline processing, model reasoning, online services, and other core modules: https://preview.redd.it/mdyyv1qmdz291.png?width=1834&format=png&auto=webp&s=e9e10710794c78c64cc05adb75db385aa53aba40 Offline processing, including offline data processing processes for different application scenarios of text search and text search, including model tuning, model export, data index database construction, data push, etc. Model inference. After the offline model training, we deployed our NLP and CV large models based on the MetaSpore Serving framework. MetaSpore Serving helps us conveniently perform online inference, elastic scheduling, load balancing, and resource scheduling in heterogeneous environments. Online services. Based on MetaSpore’s online algorithm application framework, MetaSpore has a complete set of reusable online search services, including Front-end retrieval UI, multimodal data preprocessing, vector recall and sorting algorithm, AB experimental framework, etc. MetaSpore also supports text search by text and image scene search by text and can be migrated to other application scenarios at a low cost. The HuggingFace open source community has provided several excellent baseline models for similar multimodal retrieval problems, which are often the starting point for actual optimization in the industry. MetaSpore also uses the pre-training model of the HuggingFace community in its online services of searching words by words and images by words. Searching words by words is based on the semantic similarity model of the question and answer field optimized by MetaSpore, and searching images by words is based on the community pre-training model. These community open source pre-training models are exported to the general ONNX format and loaded into MetaSpore Serving for online reasoning. The following sections will provide a detailed description of the model export and online retrieval algorithm services. The reasoning part of the model is standardized SAAS services with low coupling with the business. Interested readers can refer to my previous post: The design concept of MetaSpore, a new generation of the one-stop machine learning platform. 1.1 Offline Processing Offline processing mainly involves the export and loading of online models and index building and pushing of the document library. You can follow the step-by-step instructions below to complete the offline processing of text search and image search and see how the offline pre-training model achieves reasoning at MetaSpore. 1.1.1 Search text by text Traditional text retrieval systems are based on literal matching algorithms such as BM25. Due to users’ diverse query words, a semantic gap between query words and documents is often encountered. For example, users misspell “iPhone” as “Phone,” and search terms are incredibly long, such as “1 \~ 3 months old baby autumn small size bag pants”. Traditional text retrieval systems will use spelling correction, synonym expansion, search terms rewriting, and other means to alleviate the semantic gap but fundamentally fail to solve this problem. Only when the retrieval system fully understands users’ query terms and documents can it meet users’ retrieval demands at the semantic level. With the continuous progress of pre-training and representational learning technology, some commercial search engines continue to integrate semantic vector retrieval methods based on symbolic learning into the retrieval ecology. Semantic retrieval model This paper introduces a set of semantic vector retrieval applications. MetaSpore built a set of semantic retrieval systems based on encyclopedia question and answer data. MetaSpore adopted the Sentence-Bert model as the semantic vector representation model, which fine-tunes the twin tower BERT in supervised or unsupervised ways to make the model more suitable for retrieval tasks. The model structure is as follows: The query-Doc symmetric two-tower model is used in text search and question and answer retrieval. The vector representation of online Query and offline DOC share the same vector representation model, so it is necessary to ensure the consistency of the offline DOC library building model and online Query inference model. The case uses MetaSpore’s text representation model Sbert-Chinese-QMC-domain-V1, optimized in the open-source semantically similar data set. This model will express the question and answer data as a vector in offline database construction. The user query will be expressed as a vector by this model in online retrieval, ensuring that query-doc in the same semantic space, users’ semantic retrieval demands can be guaranteed by vector similarity metric calculation. Since the text presentation model does vector encoding for Query online, we need to export the model for use by the online service. Go to the q&A data library code directory and export the model concerning the documentation. In the script, Pytorch Tracing is used to export the model. The models are exported to the “./export “directory. The exported models are mainly ONNX models used for wired reasoning, Tokenizer, and related configuration files. The exported models are loaded into MetaSpore Serving by the online Serving system described below for model reasoning. Since the exported model will be copied to the cloud storage, you need to configure related variables in env.sh. \Build library based on text search \ The retrieval database is built on the million-level encyclopedia question and answer data set. According to the description document, you need to download the data and complete the database construction. The question and answer data will be coded as a vector by the offline model, and then the database construction data will be pushed to the service component. The whole process of database construction is described as follows: Preprocessing, converting the original data into a more general JSonline format for database construction; Build index, use the same model as online “sbert-Chinese-qmc-domain-v1” to index documents (one document object per line); Push inverted (vector) and forward (document field) data to each component server. The following is an example of the database data format. After offline database construction is completed, various data are pushed to corresponding service components, such as Milvus storing vector representation of documents and MongoDB storing summary information of documents. Online retrieval algorithm services will use these service components to obtain relevant data. 1.1.2 Search by text Text and images are easy for humans to relate semantically but difficult for machines. First of all, from the perspective of data form, the text is the discrete ID type of one-dimensional data based on words and words. At the same time, images are continuous two-dimensional or three-dimensional data. Secondly, the text is a subjective creation of human beings, and its expressive ability is vibrant, including various turning points, metaphors, and other expressions, while images are machine representations of the objective world. In short, bridging the semantic gap between text and image data is much more complex than searching text by text. The traditional text search image retrieval technology generally relies on the external text description data of the image or the nearest neighbor retrieval technology and carries out the retrieval through the image associated text, which in essence degrades the problem to text search. However, it will also face many issues, such as obtaining the associated text of pictures and whether the accuracy of text search by text is high enough. The depth model has gradually evolved from single-mode to multi-mode in recent years. Taking the open-source project of OpenAI, CLIP, as an example, train the model through the massive image and text data of the Internet and map the text and image data into the same semantic space, making it possible to implement the text and image search technology based on semantic vector. CLIP graphic model The text search pictures introduced in this paper are implemented based on semantic vector retrieval, and the CLIP pre-training model is used as the two-tower retrieval architecture. Because the CLIP model has trained the semantic alignment of the twin towers’ text and image side models on the massive graphic and text data, it is particularly suitable for the text search graph scene. Due to the different image and text data forms, the Query-Doc asymmetric twin towers model is used for text search image retrieval. The image-side model of the twin towers is used for offline database construction, and the text-side model is used for the online return. In the final online retrieval, the database data of the image side model will be searched after the text side model encodes Query, and the CLIP pre-training model guarantees the semantic correlation between images and texts. The model can draw the graphic pairs closer in vector space by pre-training on a large amount of visual data. Here we need to export the text-side model for online MetaSpore Serving inference. Since the retrieval scene is based on Chinese, the CLIP model supporting Chinese understanding is selected. The exported content includes the ONNX model used for online reasoning and Tokenizer, similar to the text search. MetaSpore Serving can load model reasoning through the exported content. Build library on Image search You need to download the Unsplash Lite library data and complete the construction according to the instructions. The whole process of database construction is described as follows: Preprocessing, specify the image directory, and then generate a more general JSOnline file for library construction; Build index, use OpenAI/Clip-Vit-BASE-Patch32 pre-training model to index the gallery, and output one document object for each line of index data; Push inverted (vector) and forward (document field) data to each component server. Like text search, after offline database construction, relevant data will be pushed to service components, called by online retrieval algorithm services to obtain relevant data. 1.2 Online Services The overall online service architecture diagram is as follows: ​ https://preview.redd.it/nz8zrbbpdz291.png?width=1280&format=png&auto=webp&s=28dae7e031621bc8819519667ed03d8d085d8ace Multi-mode search online service system supports application scenarios such as text search and text search. The whole online service consists of the following parts: Query preprocessing service: encapsulate preprocessing logic (including text/image, etc.) of pre-training model, and provide services through gRPC interface; Retrieval algorithm service: the whole algorithm processing link includes AB experiment tangent flow configuration, MetaSpore Serving call, vector recall, sorting, document summary, etc.; User entry service: provides a Web UI interface for users to debug and track down problems in the retrieval service. From a user request perspective, these services form invocation dependencies from back to front, so to build up a multimodal sample, you need to run each service from front to back first. Before doing this, remember to export the offline model, put it online and build the library first. This article will introduce the various parts of the online service system and make the whole service system step by step according to the following guidance. See the ReadME at the end of this article for more details. 1.2.1 Query preprocessing service Deep learning models tend to be based on tensors, but NLP/CV models often have a preprocessing part that translates raw text and images into tensors that deep learning models can accept. For example, NLP class models often have a pre-tokenizer to transform text data of string type into discrete tensor data. CV class models also have similar processing logic to complete the cropping, scaling, transformation, and other processing of input images through preprocessing. On the one hand, considering that this part of preprocessing logic is decoupled from tensor reasoning of the depth model, on the other hand, the reason of the depth model has an independent technical system based on ONNX, so MetaSpore disassembled this part of preprocessing logic. NLP pretreatment Tokenizer has been integrated into the Query pretreatment service. MetaSpore dismantlement with a relatively general convention. Users only need to provide preprocessing logic files to realize the loading and prediction interface and export the necessary data and configuration files loaded into the preprocessing service. Subsequent CV preprocessing logic will also be integrated in this manner. The preprocessing service currently provides the gRPC interface invocation externally and is dependent on the Query preprocessing (QP) module in the retrieval algorithm service. After the user request reaches the retrieval algorithm service, it will be forwarded to the service to complete the data preprocessing and continue the subsequent processing. The ReadMe provides details on how the preprocessing service is started, how the preprocessing model exported offline to cloud storage enters the service, and how to debug the service. To further improve the efficiency and stability of model reasoning, MetaSpore Serving implements a Python preprocessing submodule. So MetaSpore can provide gRPC services through user-specified preprocessor.py, complete Tokenizer or CV-related preprocessing in NLP, and translate requests into a Tensor that deep models can handle. Finally, the model inference is carried out by MetaSpore, Serving subsequent sub-modules. Presented here on the lot code: https://github.com/meta-soul/MetaSpore/compare/add\python\preprocessor 1.2.2 Retrieval algorithm services Retrieval algorithm service is the core of the whole online service system, which is responsible for the triage of experiments, the assembly of algorithm chains such as preprocessing, recall, sorting, and the invocation of dependent component services. The whole retrieval algorithm service is developed based on the Java Spring framework and supports multi-mode retrieval scenarios of text search and text search graph. Due to good internal abstraction and modular design, it has high flexibility and can be migrated to similar application scenarios at a low cost. Here’s a quick guide to configuring the environment to set up the retrieval algorithm service. See ReadME for more details: Install dependent components. Use Maven to install the online-Serving component Search for service configurations. Copy the template configuration file and replace the MongoDB, Milvus, and other configurations based on the development/production environment. Install and configure Consul. Consul allows you to synchronize the search service configuration in real-time, including cutting the flow of experiments, recall parameters, and sorting parameters. The project’s configuration file shows the current configuration parameters of text search and text search. The parameter modelName in the stage of pretreatment and recall is the corresponding model exported in offline processing. Start the service. Once the above configuration is complete, the retrieval service can be started from the entry script. Once the service is started, you can test it! For example, for a user with userId=10 who wants to query “How to renew ID card,” access the text search service. 1.2.3 User Entry Service Considering that the retrieval algorithm service is in the form of the API interface, it is difficult to locate and trace the problem, especially for the text search image scene can intuitively display the retrieval results to facilitate the iterative optimization of the retrieval algorithm. This paper provides a lightweight Web UI interface for text search and image search, a search input box, and results in a display page for users. Developed by Flask, the service can be easily integrated with other retrieval applications. The service calls the retrieval algorithm service and displays the returned results on the page. It’s also easy to install and start the service. Once you’re done, go to http://127.0.0.1:8090 to see if the search UI service is working correctly. See the ReadME at the end of this article for details. Multimodal system demonstration The multimodal retrieval service can be started when offline processing and online service environment configuration have been completed following the above instructions. Examples of textual searches are shown below. Enter the entry of the text search map application, enter “cat” first, and you can see that the first three digits of the returned result are cats: https://preview.redd.it/d7syq47rdz291.png?width=1280&format=png&auto=webp&s=b43df9abd380b7d9a52e3045dd787f4feeb69635 If you add a color constraint to “cat” to retrieve “black cat,” you can see that it does return a black cat: ​ https://preview.redd.it/aa7pxx8tdz291.png?width=1280&format=png&auto=webp&s=e3727c29d1bde6eea2e1cccf6c46d3cae3f4750e Further, strengthen the constraint on the search term, change it to “black cat on the bed,” and return results containing pictures of a black cat climbing on the bed: ​ https://preview.redd.it/2mw4qpjudz291.png?width=1280&format=png&auto=webp&s=1cf1db667892b9b3a40451993680fbd6980b5520 The cat can still be found through the text search system after the color and scene modification in the above example. Conclusion The cutting-edge pre-training technology can bridge the semantic gap between different modes, and the HuggingFace community can greatly reduce the cost for developers to use the pre-training model. Combined with the technological ecology of MetaSpore online reasoning and online microservices provided by DMetaSpore, the pre-training model is no longer mere offline dabbling. Instead, it can truly achieve end-to-end implementation from cutting-edge technology to industrial scenarios, fully releasing the dividends of the pre-training large model. In the future, DMetaSoul will continue to improve and optimize the MetaSpore technology ecosystem: More automated and wider access to HuggingFace community ecology. MetaSpore will soon release a common model rollout mechanism to make HuggingFace ecologically accessible and will later integrate preprocessing services into online services. Multi-mode retrieval offline algorithm optimization. For multimodal retrieval scenarios, MetaSpore will continuously iteratively optimize offline algorithm components, including text recall/sort model, graphic recall/sort model, etc., to improve the accuracy and efficiency of the retrieval algorithm. For related code and reference documentation in this article, please visit: https://github.com/meta-soul/MetaSpore/tree/main/demo/multimodal/online Some images source: https://github.com/openai/CLIP/raw/main/CLIP.png https://www.sbert.net/examples/training/sts/README.html

Here is an interesting article on the potential future risks of AI to humanity.

"There is a tremendous amount of enthusiasm in the media surrounding the topic of AI, and for good reason.  This exciting new technology has the potential to automate almost every boring, repetitive task in our lives.  It also offers exciting new opportunities to tap into new businesses, solve difficult problems with ease, and even offer new outlets for creative expression. What often does not get equal play in these discussions are the potential dangers of AI to humanity associated with this new technology.  Every new technology comes with risks that must be addressed, and it often takes a meltdown before safety concerns are taken seriously.  Often, those raising concerns are labeled as “chicken little” or a Johnny Raincloud spreading fud and dismissed or ignored.  This is common when the potential of the opportunities is so exciting. As I always say, emotion clouds the mind, and when optimism and enthusiasm run high, if we are honest, we often find a way to bring ourselves to believe what we want to believe.  All errors have consequences, for example, the risks associated with falling for a get-rich-quick scam may have consequences for an individual. However, consequences increase with the number of people that a mistake affects. With more powerful technology comes more power for good, but also a greater potential for great harm. In this article, I will attempt to balance out some of the enthusiasm and excitement with a healthy amount of caution.  I hope that the public will not just be swept away by the excitement of another new technology.  Rather, I hope that the public will demand responsibility, accountability, and regulation of this technology, before any AI version of Chornobyl, or worse, consigning the planet to a hellish dystopian hellscape reminiscent of post-apocalyptic sci-fi movies." https://ai-solutions.pro/dangers-and-risks-of-ai-to-humanity/

I started with 0 AI knowledge on the 2nd of Jan 2024 and blogged and studied it for 365. Here is a summary.

FULL BLOG POST AND MORE INFO IN THE FIRST COMMENT :) Edit in title: 365 days\* (and spelling) Coming from a background in accounting and data analysis, my familiarity with AI was minimal. Prior to this, my understanding was limited to linear regression, R-squared, the power rule in differential calculus, and working experience using Python and SQL for data manipulation. I studied free online lectures, courses, read books. \Time Spent on Theory vs Practice\ At the end it turns out I spent almost the same amount of time on theory and practice. While reviewing my year, I found that after learning something from a course/lecture in one of the next days I immediately applied it - either through exercises, making a Kaggle notebook or by working on a project. \2024 Learning Journey Topic Breakdown\ One thing I learned is that \fundamentals\ matter. I discovered that anyone can make a model, but it's important to make models that add business value. In addition, in order to properly understand the inner-workings of models I wanted to do a proper coverage of stats & probability, and the math behind AI. I also delved into 'traditional' ML (linear models, trees), and also deep learning (NLP, CV, Speech, Graphs) which was great. It's important to note that I didn't start with stats & math, I was guiding myself and I started with traditional and some GenAI but soon after I started to ask a lot of 'why's as to why things work and this led me to study more about stats&math. Soon I also realised \Data is King\ so I delved into data engineering and all the practices and ideas it covers. In addition to Data Eng, I got interested in MLOps. I wanted to know what happens with models after we evaluate them on a test set - well it turns out there is a whole field behind it, and I was immediately hooked. Making a model is not just taking data from Kaggle and doing train/test eval, we need to start with a business case, present a proper case to add business value and then it is a whole lifecycle of development, testing, maintenance and monitoring. \Wordcloud\ After removing some of the generically repeated words, I created this work cloud from the most used works in my 365 blog posts. The top words being:- model and data - not surprising as they go hand in hand- value - as models need to deliver value- feature (engineering) - a crucial step in model development- system - this is mostly because of my interest in data engineering and MLOps I hope you find my summary and blog interesting. https://preview.redd.it/pxohznpy4dae1.png?width=2134&format=png&auto=webp&s=03c16bb3535d75d1f009b44ee5164cc3e6483ac4 https://preview.redd.it/0y47rrpy4dae1.png?width=1040&format=png&auto=webp&s=f1fdf7764c7151ff0a05ae92777c5bb7d52f4359 https://preview.redd.it/e59inppy4dae1.png?width=1566&format=png&auto=webp&s=2566033777a90410277350947617d3ce8406be15

I am building a free app to fight propaganda online. Need your help

So long story short I was recently bombarded with an insane amounts of right-wing propaganda online and Russian bots so I decided I can somehow simplify the validation of the facts that are posted by people online. I have made a research of tools that are currently available for that and I've found that ChatGpt is quite biased with some topics and it lacks data about latest issues even when search mode is enabled. At least it takes some time for it to update it's memory or something Then I've checked a Google Fact Check tools which were even worse. Bad UI... I had no idea how it validates things because usually proof links that Google provides are quite random. So I decided to build a tool that simplifies the research. The idea was simple - you have a claim - you paste it in app and it goes on web collects articles on topic then processes them with ai and makes a decision based on those articles. The app is running right now. It is completely free and no ads. Also it generates a small article where it tells about how it made a conclusion. Also I need your help - How can I make this app better? Also feel free to test your claims so that I can have more real data to tune this app on. I believe that this is something that is necessary for all of us especially in those crazy times! Here is the link - truthorfake.com https://preview.redd.it/vp5fbzpyfkne1.png?width=854&format=png&auto=webp&s=84df7913382634614814866c8df743d8378d28dd

How me and my team made 15+ apps and not made a single sale in 2023

Hey, my name is Michael, I am in Auckland NZ. This year was the official beginning of my adult life. I graduated from university and started a full-time job. I’ve also really dug into indiehacking/bootstrapping and started 15 projects (and it will be at least 17 before the year ends). I think I’ve learned a lot but I consciously repeated mistakes. Upto (Nov) Discord Statuses + Your Location + Facebook Poke https://preview.redd.it/4nqt7tp2tf5c1.png?width=572&format=png&auto=webp&s=b0223484bc54b45b5c65e0b1afd0dc52f9c02ad1 This was the end of uni, I often messaged (and got messaged) requests of status and location to (and from my) friends. I thought, what if we make a social app that’s super basic and all it does is show you where your friends are? To differentiate from snap maps and others we wanted something with more privacy where you select the location. However, never finished the codebase or launched it. This is because I slowly started to realize that B2C (especially social networks) are way too hard to make into an actual business and the story with Fistbump would repeat itself. However, this decision not to launch it almost launched a curse on our team. From that point, we permitted ourselves to abandon projects even before launching. Lessons: Don’t do social networks if your goal is 10k MRR ASAP. If you build something to 90% competition ship it or you will think it’s okay to abandon projects Insight Bites (Nov) Youtube Summarizer Extension ​ https://preview.redd.it/h6drqej4tf5c1.jpg?width=800&format=pjpg&auto=webp&s=0f211456c390ac06f4fcb54aa51f9d50b0826658 Right after Upto, we started ideating and conveniently the biggest revolution in the recent history of tech was released → GPT. We instantly began ideating. The first problem we chose to use AI for is to summarize YouTube videos. Comical. Nevertheless, I am convinced we have had the best UX because you could right-click on a video to get a slideshow of insights instead of how everyone else did it. We dropped it because there was too much competition and unit economics didn’t work out (and it was a B2C). PodPigeon (Dec) Podcast → Tweet Threads https://preview.redd.it/0ukge245tf5c1.png?width=2498&format=png&auto=webp&s=23303e1cab330578a3d25cd688fa67aa3b97fb60 Then we thought, to make unit economics work we need to make this worthwhile for podcasters. This is when I got into Twitter and started seeing people summarize podcasts. Then I thought, what if we make something that converts a podcast into tweets? This was probably one of the most important projects because it connected me with Jason and Jonaed, both of whom I regularly stay in contact with and are my go-to experts on ideas related to content creation. Jonaed was even willing to buy Podpigeon and was using it on his own time. However, the unit economics still didn’t work out (and we got excited about other things). Furthermore, we got scared of the competition because I found 1 - 2 other people who did similar things poorly. This was probably the biggest mistake we’ve made. Very similar projects made 10k MRR and more, launching later than we did. We didn’t have a coherent product vision, we didn’t understand the customer well enough, and we had a bad outlook on competition and a myriad of other things. Lessons: I already made another post about the importance of outlook on competition. Do not quit just because there are competitors or just because you can’t be 10x better. Indiehackers and Bootstrappers (or even startups) need to differentiate in the market, which can be via product (UX/UI), distribution, or both. Asking Ace Intro.co + Crowdsharing ​ https://preview.redd.it/0hu2tt16tf5c1.jpg?width=1456&format=pjpg&auto=webp&s=3d397568ef2331e78198d64fafc1a701a3e75999 As I got into Twitter, I wanted to chat with some people I saw there. However, they were really expensive. I thought, what if we made some kind of crowdfunding service for other entrepreneurs to get a private lecture from their idols? It seemed to make a lot of sense on paper. It was solving a problem (validated via the fact that Intro.co is a thing and making things cheaper and accessible is a solid ground to stand on), we understood the market (or so we thought), and it could monetize relatively quickly. However, after 1-2 posts on Reddit and Indiehackers, we quickly learned three things. Firstly, no one cares. Secondly, even if they do, they think they can get the same information for free online. Thirdly, the reasons before are bad because for the first point → we barely talked to people, and for the second people → we barely talked to the wrong people. However, at least we didn’t code anything this time and tried to validate via a landing page. Lessons Don’t give up after 1 Redditor says “I don’t need this” Don’t be scared to choose successful people as your audience. Clarito Journaling with AI analyzer https://preview.redd.it/8ria2wq6tf5c1.jpg?width=1108&format=pjpg&auto=webp&s=586ec28ae75003d9f71b4af2520b748d53dd2854 Clarito is a classic problem all amateur entrepreneurs have. It’s where you lie to yourself that you have a real problem and therefore is validated but when your team asks you how much you would pay you say I guess you will pay, maybe, like 5 bucks a month…? Turns out, you’d have to pay me to use our own product lol. We sent it off to a few friends and posted on some forums, but never really got anything tangible and decided to move away. Honestly, a lot of it is us in our own heads. We say the market is too saturated, it’ll be hard to monetize, it’s B2C, etc. Lessons: You use the Mom Test on other people. You have to do it yourself as well. However, recognizing that the Mom Test requires a lot of creativity in its investigation because knowing what questions to ask can determine the outcome of the validation. I asked myself “Do I journal” but I didn’t ask myself “How often do I want GPT to chyme in on my reflections”. Which was practically never. That being said I think with the right audience and distribution, this product can work. I just don’t know (let alone care) about the audience that much (and I thought I was one of them)/ Horns & Claw Scrapes financial news texts you whether you should buy/sell the stock (news sentiment analysis) ​ https://preview.redd.it/gvfxdgc7tf5c1.jpg?width=1287&format=pjpg&auto=webp&s=63977bbc33fe74147b1f72913cefee4a9ebec9c2 This one we didn’t even bother launching. Probably something internal in the team and also seemed too good to be true (because if this works, doesn’t that just make us ultra-rich fast?). I saw a similar tool making 10k MRR so I guess I was wrong. Lessons: This one was pretty much just us getting into our heads. I declared that without an audience it would be impossible to ship this product and we needed to start a YouTube channel. Lol, and we did. And we couldn’t even film for 1 minute. I made bold statements like “We will commit to this for at least 1 year no matter what”. Learnery Make courses about any subject https://preview.redd.it/1nw6z448tf5c1.jpg?width=1112&format=pjpg&auto=webp&s=f2c73e8af23b0a6c3747a81e785960d4004feb48 This is probably the most “successful” project we’ve made. It grew from a couple of dozen to a couple of hundred users. It has 11 buy events for $9.99 LTD (we couldn’t be bothered connecting Stripe because we thought no one would buy it anyway). However what got us discouraged from seriously pursuing it more is, that this has very low defensibility, “Why wouldn’t someone just use chatGPT?” and it’s B2C so it’s hard to monetize. I used it myself for a month or so but then stopped. I don’t think it’s the app, I think the act of learning a concept from scratch isn’t something you do constantly in the way Learnery delivers it (ie course). I saw a bunch of similar apps that look like Ass make like 10k MRR. Lessons: Don’t do B2C, or if you do, do it properly Don’t just Mixpanel the buy button, connect your Stripe otherwise, it doesn’t feel real and you won’t get momentum. I doubt anyone (even me) will make this mistake again. I live in my GPT bubble where I make assumptions that everyone uses GPT the same way and as much as I do. In reality, the argument that this has low defensibility against GPT is invalid. Platforms that deliver a differentiated UX from ChatGPT to audiences who are not tightly integrated into the habit of using ChatGPT (which is like - everyone except for SOME tech evangelists). CuriosityFM Make podcasts about any subject https://preview.redd.it/zmosrcp8tf5c1.jpg?width=638&format=pjpg&auto=webp&s=d04ddffabef9050050b0d87939273cc96a8637dc This was our attempt at making Learnery more unique and more differentiated from chatGPT. We never really launched it. The unit economics didn’t work out and it was actually pretty boring to listen to, I don’t think I even fully listened to one 15-minute episode. I think this wasn’t that bad, it taught us more about ElevenLabs and voice AI. It took us maybe only 2-3 days to build so I think building to learn a new groundbreaking technology is fine. SleepyTale Make children’s bedtime stories https://preview.redd.it/14ue9nm9tf5c1.jpg?width=807&format=pjpg&auto=webp&s=267e18ec6f9270e6d1d11564b38136fa524966a1 My 8-year-old sister gave me that idea. She was too scared of making tea and I was curious about how she’d react if she heard a bedtime story about that exact scenario with the moral that I wanted her to absorb (which is that you shouldn’t be scared to try new things ie stop asking me to make your tea and do it yourself, it’s not that hard. You could say I went full Goebbels on her). Zane messaged a bunch of parents on Facebook but no one really cared. We showed this to one Lady at the place we worked from at Uni and she was impressed and wanted to show it to her kids but we already turned off our ElevenLabs subscription. Lessons: However, the truth behind this is beyond just “you need to be able to distribute”. It’s that you have to care about the audience. I don’t particularly want to build products for kids and parents. I am far away from that audience because I am neither a kid anymore nor going to be a parent anytime soon, and my sister still asked me to make her tea so the story didn’t work. I think it’s important to ask yourself whether you care about the audience. The way you answer that even when you are in full bias mode is, do you engage with them? Are you interested in what’s happening in their communities? Are you friends with them? Etc. User Survey Analyzer Big User Survey → GPT → Insights Report Me and my coworker were chatting about AI when he asked me to help him analyze a massive survey for him. I thought that was some pretty decent validation. Someone in an actual company asking for help. Lessons Market research is important but moving fast is also important. Ie building momentum. Also don’t revolve around 1 user. This has been a problem in multiple projects. Finding as many users as possible in the beginning to talk to is key. Otherwise, you are just waiting for 1 person to get back to you. AutoI18N Automated Internationalization of the codebase for webapps This one I might still do. It’s hard to find a solid distribution strategy. However, the idea came from me having to do it at my day job. It seems a solid problem. I’d say it’s validated and has some good players already. The key will be differentiation via the simplicity of UX and distribution (which means a slightly different audience). In the backlog for now because I don’t care about the problem or the audience that much. Documate - Part 1 Converts complex PDFs into Excel https://preview.redd.it/8b45k9katf5c1.jpg?width=1344&format=pjpg&auto=webp&s=57324b8720eb22782e28794d2db674b073193995 My mom needed to convert a catalog of furniture into an inventory which took her 3 full days of data entry. I automated it for her and thought this could have a big impact but there was no distribution because there was no ICP. We tried to find the ideal customers by talking to a bunch of different demographics but I flew to Kazakhstan for a holiday and so this kind of fizzled out. I am not writing this blog post linearity, this is my 2nd hour and I am tired and don’t want to finish this later so I don’t even know what lessons I learned. Figmatic Marketplace of high-quality Figma mockups of real apps https://preview.redd.it/h13yv45btf5c1.jpg?width=873&format=pjpg&auto=webp&s=aaa2896aeac2f22e9b7d9eed98c28bb8a2d2cdf1 This was a collab between me and my friend Alex. It was the classic Clarito where we both thought we had this problem and would pay to fix it. In reality, this is a vitamin. Neither I, nor I doubt Alex have thought of this as soon as we bought the domain. We posted it on Gumroad, sent it to a bunch of forums, and called it a day. Same issue as almost all the other ones. No distribution strategy. However, apps like Mobin show us that this concept is indeed profitable but it takes time. It needs SEO. It needs a community. None of those things, me and Alex had or was interested in. However shortly after HTML → Figma came out and it’s the best plugin. Maybe that should’ve been the idea. Podcast → Course Turns Podcaster’s episodes into a course This one I got baited by Jason :P I described to him the idea of repurposing his content for a course. He told me this was epic and he would pay. Then after I sent him the demo, he never checked it out. Anyhow during the development, we realized that doesn’t actually work because A podcast doesn’t have the correct format for the course, the most you can extract are concepts and ideas, seldom explanations. Most creators want video-based courses to be hosted on Kajabi or Udemy Another lesson is that when you pitch something to a user, what you articulate is a platform or a process, they imagine an outcome. However, the end result of your platform can be a very different outcome to what they had in mind and there is even a chance that what they want is not possible. You need to understand really well what the outcome looks like before you design the process. This is a classic problem where we thought of the solution before the problem. Yes, the problem exists. Podcasters want to make courses. However, if you really understand what they want, you can see how repurposing a podcast isn’t the best way to get there. However I only really spoke to 1-2 podcasters about this so making conclusions is dangerous for this can just be another asking ace mistake with the Redditor. Documate Part 2 Same concept as before but now I want to run some ads. We’ll see what happens. https://preview.redd.it/xb3npj0ctf5c1.jpg?width=1456&format=pjpg&auto=webp&s=3cd4884a29fd11d870d010a2677b585551c49193 In conclusion https://preview.redd.it/2zrldc9dtf5c1.jpg?width=1840&format=pjpg&auto=webp&s=2b3105073e752ad41c23f205dbd1ea046c1da7ff It doesn’t actually matter that much whether you choose to do a B2C, or a social network or focus on growing your audience. All of these can make you successful. What’s important is that you choose. If I had to summarize my 2023 in one word it’s indecision. Most of these projects succeeded for other people, nothing was as fundamentally wrong about them as I proclaimed. In reality that itself was an excuse. New ideas seduce, and it is a form of discipline to commit to a single project for a respectful amount of time. https://preview.redd.it/zy9a2vzdtf5c1.jpg?width=1456&format=pjpg&auto=webp&s=901c621227bba0feb4efdb39142f66ab2ebb86fe Distribution is not just posting on Indiehackers and Reddit. It’s an actual strategy and you should think of it as soon as you think of the idea, even before the Figma designs. I like how Denis Shatalin taught me. You have to build a pipeline. That means a reliable way to get leads, launch campaigns at them, close deals, learn from them, and optimize. Whenever I get an idea now I always try to ask myself “Where can I find 1000s leads in one day?” If there is no good answer, this is not a good project to do now. ​ https://preview.redd.it/2boh3fpetf5c1.jpg?width=1456&format=pjpg&auto=webp&s=1c0d5d7b000716fcbbb00cbad495e8b61e25be66 Talk to users before doing anything. Jumping on designing and coding to make your idea a reality is a satisfying activity in the short term. Especially for me, I like to create for the sake of creation. However, it is so important to understand the market, understand the audience, understand the distribution. There are a lot of things to understand before coding. https://preview.redd.it/lv8tt96ftf5c1.jpg?width=1456&format=pjpg&auto=webp&s=6c8735aa6ad795f216ff9ddfa2341712e8277724 Get out of your own head. The real reason we dropped so many projects is that we got into our own heads. We let the negative thoughts creep in and kill all the optimism. I am really good at coming up with excuses to start a project. However, I am equally as good at coming up with reasons to kill a project. And so you have this yin and yang of starting and stopping. Building momentum and not burning out. I can say with certainty my team ran out of juice this year. We lost momentum so many times we got burnt out towards the end. Realizing that the project itself has momentum is important. User feedback and sales bring momentum. Building also creates momentum but unless it is matched with an equal force of impact, it can stomp the project down. That is why so many of our projects died quickly after we launched. The smarter approach is to do things that have a low investment of momentum (like talking to users) but result in high impact (sales or feedback). Yes, that means the project can get invalidated which makes it more short-lived than if we built it first, but it preserves team life energy. At the end of 2023 here is a single sentence I am making about how I think one becomes a successful indiehacker. One becomes a successful Indiehacker when one starts to solve pain-killer problems in the market they understand, for an audience they care about and consistently engage with for a long enough timeframe. Therefore an unsuccessful Indiehacker in a single sentence is An unsuccessful Indiehacker constantly enters new markets they don’t understand to build solutions for people whose problems they don’t care about, in a timeframe that is shorter than than the time they spent thinking about distribution. However, an important note to be made. Life is not just about indiehacking. It’s about learning and having fun. In the human world, the best journey isn’t the one that gets you the fastest to your goals but the one you enjoy the most. I enjoyed making those silly little projects and although I do not regret them, I will not repeat the same mistakes in 2024. But while it’s still 2023, I have 2 more projects I want to do :) EDIT: For Devs, frontend is always react with vite (ts) and backend is either node with express (ts) or python. For DB either Postgres or mongo (usually Prisma for ORM). For deployment all of it is on AWS (S3, EC2). In terms of libraries/APIs Whisper.cpp is best open source for transcription Obviously the gpt apis Eleven labs for voice related stuff And other random stuff here and there

An Algorithm for Making Truly Stand-Out Advertising Content (+ something more | Part 1)

Hi everyone. my friend and I are software engineers and new to marketing. A few months ago we decided to leverage our software skills for a colleague in ecommerce. It started by implementing a Flux.1 model, then began using texture-based recreations with a canny mask, and then found that we could optimize on both with an added layer of inpainting...and the list goes on. This is the first of a series of posts here about it and I look forward to learning from your feedback. I realized that the most difficult parts of the marketing process when I started out (and most likely for other beginners too) are: Customer Acquisition Costs / Brand Differentiation: Competition is intensifying and it is getting more difficult to stand out in crowded markets and target ad spend more effectively. Maintaining Authenticity at Scale / Data Overload: Balancing growth with authenticity and leveraging available data to successfully engage with customers is a big ask. Creative Fatigue: Maintaining multiple marketing channels in hard, and it becomes harder when you're constantly demanding more and more creative content for campaigns. For 1) I tried using AI to help me summarize, systematize, and gain insights from the information available for a given brand or product (from a page link, prompt, input image, etc.). I know AI is everywhere now, many people are using it unnecessarily and many people are skeptical about it. However, I know from experience, that it is quite helpful in gaining insights/summarizing large amounts of data, and helping people make sense of the creative content, strategy, campaign, etc., that should be created. For 2) By leveraging reviews, forums, and other relevant brand information, AI is able to maintain the story that your brand currently tells, and enhance it based on how your customer base. For 3) Faster results means less creative fatigue- this translates to an easier time managing omnichannel marketing efforts and scaling advertising. If you're interested, please have a look at the result at madsimpleads.com You’ll need to log in to access the solution, and I'll add credits to your account to try it out! (we want to prevent from random people or bots using it because I'm paying to multiple providers for model access). DM me here or drop me a line at austin@madsimpleads.com if you need more. Thank you so much, I'll be happy to get your thoughts I hope the website will help with your advertising, please reach out if you like what I do and want to support the project! Disclaimers: the website looks a bit rough in terms of UI/UX, but we tried focusing on the functionality first available on mobile, works better on desktop I hope this doesn't come across as trying to advertise for my business or breaking any of the community rules. genuinely looking for feedback. Thank you

Just stop paying for social media scheduling tools!

If you wanna pay for something, just pay for features but not to schedule posts. In Dec 2024 I just decided to launch a social media scheduler that is free and unlimited. Because I still don't understand why many people are paying $50+ to schedule posts on multi platforms, I want to make it accessible since it does not represent a huge amount of money to maintain. My challenge is rather to convert free users and provide to them a bunch of tools (meme creators, AI content creations, advanced analytics,...) that could streamline their social media management. So far, I have received tons of really good feedback and got around 300 people signed up. In terms of social media, it supports: Youtube, Tiktok, Instagram, Facebook, X, Bluesky (I'll implement Thread and Linkedin very soon). If you wanna give it a try, that's 100% free and unlimited: https://qayle.ai Surprisingly, I haven't found any abuses so far, but I'm monitoring the usage! Stay safe everyone and I wish you a wonderful day :)

What are Boilerplates?

What are Boilerplates? Boilerplate originally referred to the rolled steel used to make boilers for steam engines in the 19th century. Over time, the term evolved to describe any standardized piece of text or code that can be reused without significant changes. Interest in SaaS has been on the rise, and many more people now want to build products. However, building products from scratch takes a lot of time, and it can be extremely frustrating. Enter SaaS Boilerplates With the standardization of stacks and basic systems that govern SaaS tools, it has become evident that there was a need, and the time was ripe for SaaS Boilerplates. SaaS Boilerplates come with landing pages, website components, authentication modules, payment modules, and various other standard features that can save developers a significant amount of time and cost. The market is flooded with Boilerplates for various tech stacks, such as NextJS, Laravel, Swift, NuxtJS, and so forth. Pros and Cons of Boilerplates Pros Save a significant amount of time and money Reduce frustration for developers as the redundant tasks are taken care of Boilerplates often follow best practices For anywhere between $49 and $299, they provide terrific value for those looking to build something very quickly Most importantly, Boilerplates also enable aspiring founders and builders with limited technical resources or abilities to ship their products faster and more cheaply. They are beacons of hope for non-technical founders looking to build a product quickly. Cons Limited flexibility May become outdated fairly quickly Setting them up still requires time Similar landing pages and design themes can make the product look like a clone Marc Lou’s Shipfast For most of us, Marc Lou popularized the idea of SaaS Boilerplate. Marc Lou launched Shipfast in August 2023. He had built 27 projects prior to this and Shipfast was nothing but all his basic code organised properly. At that time, there were no solid NextJS boilerplates, and Shipfast just took off. He got traction via Product Hunt, Twitter and Hacker News and soon Shipfast went viral. Shipfast now generates $130K/mo, just 9 months after its launch. Marc has been building Shipfast in public, which has led to a lot of interest in SaaS Boilerplates. The market is now flooded with boilerplates for every major tech stack. Marc reaped the benefits of the first mover’s advantage as well as the social proof via his Shipfast community. I don’t think any other boilerplates are as successful as Shipfast, but there are quite a few good ones out there. Shipixen* has grossed over $20K in the 5 months Makerkit* does \~$3500/mo Moreover, there are many open-source boilerplates available for popular stacks such as NextJS. The Evolution of Boilerplates Boilerplates are quickly turning into no-code/low-code code generation tools. For instance, Shipixen allows you to generate custom code for landing pages, waitlist pages and blogs using a simple User Interface. Boilerplates are perfectly posied to sit between code and no-code. Allow the flexibility of code with the interface of a no-code tool — that will be the core value proposition of SaaS boilerplates. Should you build a Boilerplate? Well, the market is flooded, but I believe there’s still an opportunity to leverage boilerplates. You can build boilerplates for certain types of apps or tools, such as Chrome extensions Boilerplates can act as a great lead funnel for building out a great productized services business No-code/low-code code generation boilerplates can become a big thing if you can help build complex tools Niche tech stack boilerplates may still be lucrative Known strategies for successfully building a boilerplate 👇🏻 Shipfast thrives because of social proof and community SaaSRock generates most of its traffic from its Gumroad listings and blogs Usenextbase and Shipixen are being built in public Many boilerplates start with waitlists They have a very clear value proposition around saving time and cost Design & No-Code Boilerplates Here is the corrected version with improved grammar and clarity: While SaaS (code) boilerplates have become fairly popular, other types of boilerplates are emerging in the market, such as design boilerplates and no-code boilerplates. To be honest, design boilerplates have been around for a while. You will find numerous landing page packs, component libraries, and so forth. Makers are now building kits that leverage standard libraries and technologies such as Tailwind CSS, Daisy UI, and more. Nick Buzz from the famous baked.design has this *50 Landing Page Design Kit* in Tailwind CSS & Figma which is wildly popular. Lastly, there is a trend of no-code boilerplates as well. Mohit is building a Bubble Boilerplate for the popular no-code platform — Bubble. All in all, I think that people want to build products and build them fast. Boilerplates help them save a significant amount of time and cost. More importantly, boilerplates are impulse purchases for people who have not shipped but who want to ship. Introducing BuilderKit.ai We have been building AI SaaS tools for quite a while now. 10+ products across text, image, speech, RAG — we have built em all. We figured that it seems easy but actually building these so called AI Wrappers can be time consuming and frustrating — there is a lot of nuance to it. So we built BuidlerKit.ai — a NextJS SaaS Boilerpalte It takes care of everything from landing pages, authentication, dashboarding, emails, SEO to payments — everything that you need to build your tool. It also comes with 8+ production-ready apps. Moreover, the BuilderKit community is an exclusive community of AI SaaS builders (Pro Only Access) The Pre Orders are now live at https://www.builderkit.ai (First 100 Customers get $100 Off — I think we have already done \~20 odd orders since the announcement yesterday, Grab your seat asap!) Starter Plan $49, Pro Plan @ $99

How me and my team made 15+ apps and not made a single sale in 2023

Hey, my name is Michael, I am in Auckland NZ. This year was the official beginning of my adult life. I graduated from university and started a full-time job. I’ve also really dug into indiehacking/bootstrapping and started 15 projects (and it will be at least 17 before the year ends). I think I’ve learned a lot but I consciously repeated mistakes. Upto (Nov) Discord Statuses + Your Location + Facebook Poke https://preview.redd.it/4nqt7tp2tf5c1.png?width=572&format=png&auto=webp&s=b0223484bc54b45b5c65e0b1afd0dc52f9c02ad1 This was the end of uni, I often messaged (and got messaged) requests of status and location to (and from my) friends. I thought, what if we make a social app that’s super basic and all it does is show you where your friends are? To differentiate from snap maps and others we wanted something with more privacy where you select the location. However, never finished the codebase or launched it. This is because I slowly started to realize that B2C (especially social networks) are way too hard to make into an actual business and the story with Fistbump would repeat itself. However, this decision not to launch it almost launched a curse on our team. From that point, we permitted ourselves to abandon projects even before launching. Lessons: Don’t do social networks if your goal is 10k MRR ASAP. If you build something to 90% competition ship it or you will think it’s okay to abandon projects Insight Bites (Nov) Youtube Summarizer Extension ​ https://preview.redd.it/h6drqej4tf5c1.jpg?width=800&format=pjpg&auto=webp&s=0f211456c390ac06f4fcb54aa51f9d50b0826658 Right after Upto, we started ideating and conveniently the biggest revolution in the recent history of tech was released → GPT. We instantly began ideating. The first problem we chose to use AI for is to summarize YouTube videos. Comical. Nevertheless, I am convinced we have had the best UX because you could right-click on a video to get a slideshow of insights instead of how everyone else did it. We dropped it because there was too much competition and unit economics didn’t work out (and it was a B2C). PodPigeon (Dec) Podcast → Tweet Threads https://preview.redd.it/0ukge245tf5c1.png?width=2498&format=png&auto=webp&s=23303e1cab330578a3d25cd688fa67aa3b97fb60 Then we thought, to make unit economics work we need to make this worthwhile for podcasters. This is when I got into Twitter and started seeing people summarize podcasts. Then I thought, what if we make something that converts a podcast into tweets? This was probably one of the most important projects because it connected me with Jason and Jonaed, both of whom I regularly stay in contact with and are my go-to experts on ideas related to content creation. Jonaed was even willing to buy Podpigeon and was using it on his own time. However, the unit economics still didn’t work out (and we got excited about other things). Furthermore, we got scared of the competition because I found 1 - 2 other people who did similar things poorly. This was probably the biggest mistake we’ve made. Very similar projects made 10k MRR and more, launching later than we did. We didn’t have a coherent product vision, we didn’t understand the customer well enough, and we had a bad outlook on competition and a myriad of other things. Lessons: I already made another post about the importance of outlook on competition. Do not quit just because there are competitors or just because you can’t be 10x better. Indiehackers and Bootstrappers (or even startups) need to differentiate in the market, which can be via product (UX/UI), distribution, or both. Asking Ace Intro.co + Crowdsharing ​ https://preview.redd.it/0hu2tt16tf5c1.jpg?width=1456&format=pjpg&auto=webp&s=3d397568ef2331e78198d64fafc1a701a3e75999 As I got into Twitter, I wanted to chat with some people I saw there. However, they were really expensive. I thought, what if we made some kind of crowdfunding service for other entrepreneurs to get a private lecture from their idols? It seemed to make a lot of sense on paper. It was solving a problem (validated via the fact that Intro.co is a thing and making things cheaper and accessible is a solid ground to stand on), we understood the market (or so we thought), and it could monetize relatively quickly. However, after 1-2 posts on Reddit and Indiehackers, we quickly learned three things. Firstly, no one cares. Secondly, even if they do, they think they can get the same information for free online. Thirdly, the reasons before are bad because for the first point → we barely talked to people, and for the second people → we barely talked to the wrong people. However, at least we didn’t code anything this time and tried to validate via a landing page. Lessons Don’t give up after 1 Redditor says “I don’t need this” Don’t be scared to choose successful people as your audience. Clarito Journaling with AI analyzer https://preview.redd.it/8ria2wq6tf5c1.jpg?width=1108&format=pjpg&auto=webp&s=586ec28ae75003d9f71b4af2520b748d53dd2854 Clarito is a classic problem all amateur entrepreneurs have. It’s where you lie to yourself that you have a real problem and therefore is validated but when your team asks you how much you would pay you say I guess you will pay, maybe, like 5 bucks a month…? Turns out, you’d have to pay me to use our own product lol. We sent it off to a few friends and posted on some forums, but never really got anything tangible and decided to move away. Honestly, a lot of it is us in our own heads. We say the market is too saturated, it’ll be hard to monetize, it’s B2C, etc. Lessons: You use the Mom Test on other people. You have to do it yourself as well. However, recognizing that the Mom Test requires a lot of creativity in its investigation because knowing what questions to ask can determine the outcome of the validation. I asked myself “Do I journal” but I didn’t ask myself “How often do I want GPT to chyme in on my reflections”. Which was practically never. That being said I think with the right audience and distribution, this product can work. I just don’t know (let alone care) about the audience that much (and I thought I was one of them)/ Horns & Claw Scrapes financial news texts you whether you should buy/sell the stock (news sentiment analysis) ​ https://preview.redd.it/gvfxdgc7tf5c1.jpg?width=1287&format=pjpg&auto=webp&s=63977bbc33fe74147b1f72913cefee4a9ebec9c2 This one we didn’t even bother launching. Probably something internal in the team and also seemed too good to be true (because if this works, doesn’t that just make us ultra-rich fast?). I saw a similar tool making 10k MRR so I guess I was wrong. Lessons: This one was pretty much just us getting into our heads. I declared that without an audience it would be impossible to ship this product and we needed to start a YouTube channel. Lol, and we did. And we couldn’t even film for 1 minute. I made bold statements like “We will commit to this for at least 1 year no matter what”. Learnery Make courses about any subject https://preview.redd.it/1nw6z448tf5c1.jpg?width=1112&format=pjpg&auto=webp&s=f2c73e8af23b0a6c3747a81e785960d4004feb48 This is probably the most “successful” project we’ve made. It grew from a couple of dozen to a couple of hundred users. It has 11 buy events for $9.99 LTD (we couldn’t be bothered connecting Stripe because we thought no one would buy it anyway). However what got us discouraged from seriously pursuing it more is, that this has very low defensibility, “Why wouldn’t someone just use chatGPT?” and it’s B2C so it’s hard to monetize. I used it myself for a month or so but then stopped. I don’t think it’s the app, I think the act of learning a concept from scratch isn’t something you do constantly in the way Learnery delivers it (ie course). I saw a bunch of similar apps that look like Ass make like 10k MRR. Lessons: Don’t do B2C, or if you do, do it properly Don’t just Mixpanel the buy button, connect your Stripe otherwise, it doesn’t feel real and you won’t get momentum. I doubt anyone (even me) will make this mistake again. I live in my GPT bubble where I make assumptions that everyone uses GPT the same way and as much as I do. In reality, the argument that this has low defensibility against GPT is invalid. Platforms that deliver a differentiated UX from ChatGPT to audiences who are not tightly integrated into the habit of using ChatGPT (which is like - everyone except for SOME tech evangelists). CuriosityFM Make podcasts about any subject https://preview.redd.it/zmosrcp8tf5c1.jpg?width=638&format=pjpg&auto=webp&s=d04ddffabef9050050b0d87939273cc96a8637dc This was our attempt at making Learnery more unique and more differentiated from chatGPT. We never really launched it. The unit economics didn’t work out and it was actually pretty boring to listen to, I don’t think I even fully listened to one 15-minute episode. I think this wasn’t that bad, it taught us more about ElevenLabs and voice AI. It took us maybe only 2-3 days to build so I think building to learn a new groundbreaking technology is fine. SleepyTale Make children’s bedtime stories https://preview.redd.it/14ue9nm9tf5c1.jpg?width=807&format=pjpg&auto=webp&s=267e18ec6f9270e6d1d11564b38136fa524966a1 My 8-year-old sister gave me that idea. She was too scared of making tea and I was curious about how she’d react if she heard a bedtime story about that exact scenario with the moral that I wanted her to absorb (which is that you shouldn’t be scared to try new things ie stop asking me to make your tea and do it yourself, it’s not that hard. You could say I went full Goebbels on her). Zane messaged a bunch of parents on Facebook but no one really cared. We showed this to one Lady at the place we worked from at Uni and she was impressed and wanted to show it to her kids but we already turned off our ElevenLabs subscription. Lessons: However, the truth behind this is beyond just “you need to be able to distribute”. It’s that you have to care about the audience. I don’t particularly want to build products for kids and parents. I am far away from that audience because I am neither a kid anymore nor going to be a parent anytime soon, and my sister still asked me to make her tea so the story didn’t work. I think it’s important to ask yourself whether you care about the audience. The way you answer that even when you are in full bias mode is, do you engage with them? Are you interested in what’s happening in their communities? Are you friends with them? Etc. User Survey Analyzer Big User Survey → GPT → Insights Report Me and my coworker were chatting about AI when he asked me to help him analyze a massive survey for him. I thought that was some pretty decent validation. Someone in an actual company asking for help. Lessons Market research is important but moving fast is also important. Ie building momentum. Also don’t revolve around 1 user. This has been a problem in multiple projects. Finding as many users as possible in the beginning to talk to is key. Otherwise, you are just waiting for 1 person to get back to you. AutoI18N Automated Internationalization of the codebase for webapps This one I might still do. It’s hard to find a solid distribution strategy. However, the idea came from me having to do it at my day job. It seems a solid problem. I’d say it’s validated and has some good players already. The key will be differentiation via the simplicity of UX and distribution (which means a slightly different audience). In the backlog for now because I don’t care about the problem or the audience that much. Documate - Part 1 Converts complex PDFs into Excel https://preview.redd.it/8b45k9katf5c1.jpg?width=1344&format=pjpg&auto=webp&s=57324b8720eb22782e28794d2db674b073193995 My mom needed to convert a catalog of furniture into an inventory which took her 3 full days of data entry. I automated it for her and thought this could have a big impact but there was no distribution because there was no ICP. We tried to find the ideal customers by talking to a bunch of different demographics but I flew to Kazakhstan for a holiday and so this kind of fizzled out. I am not writing this blog post linearity, this is my 2nd hour and I am tired and don’t want to finish this later so I don’t even know what lessons I learned. Figmatic Marketplace of high-quality Figma mockups of real apps https://preview.redd.it/h13yv45btf5c1.jpg?width=873&format=pjpg&auto=webp&s=aaa2896aeac2f22e9b7d9eed98c28bb8a2d2cdf1 This was a collab between me and my friend Alex. It was the classic Clarito where we both thought we had this problem and would pay to fix it. In reality, this is a vitamin. Neither I, nor I doubt Alex have thought of this as soon as we bought the domain. We posted it on Gumroad, sent it to a bunch of forums, and called it a day. Same issue as almost all the other ones. No distribution strategy. However, apps like Mobin show us that this concept is indeed profitable but it takes time. It needs SEO. It needs a community. None of those things, me and Alex had or was interested in. However shortly after HTML → Figma came out and it’s the best plugin. Maybe that should’ve been the idea. Podcast → Course Turns Podcaster’s episodes into a course This one I got baited by Jason :P I described to him the idea of repurposing his content for a course. He told me this was epic and he would pay. Then after I sent him the demo, he never checked it out. Anyhow during the development, we realized that doesn’t actually work because A podcast doesn’t have the correct format for the course, the most you can extract are concepts and ideas, seldom explanations. Most creators want video-based courses to be hosted on Kajabi or Udemy Another lesson is that when you pitch something to a user, what you articulate is a platform or a process, they imagine an outcome. However, the end result of your platform can be a very different outcome to what they had in mind and there is even a chance that what they want is not possible. You need to understand really well what the outcome looks like before you design the process. This is a classic problem where we thought of the solution before the problem. Yes, the problem exists. Podcasters want to make courses. However, if you really understand what they want, you can see how repurposing a podcast isn’t the best way to get there. However I only really spoke to 1-2 podcasters about this so making conclusions is dangerous for this can just be another asking ace mistake with the Redditor. Documate Part 2 Same concept as before but now I want to run some ads. We’ll see what happens. https://preview.redd.it/xb3npj0ctf5c1.jpg?width=1456&format=pjpg&auto=webp&s=3cd4884a29fd11d870d010a2677b585551c49193 In conclusion https://preview.redd.it/2zrldc9dtf5c1.jpg?width=1840&format=pjpg&auto=webp&s=2b3105073e752ad41c23f205dbd1ea046c1da7ff It doesn’t actually matter that much whether you choose to do a B2C, or a social network or focus on growing your audience. All of these can make you successful. What’s important is that you choose. If I had to summarize my 2023 in one word it’s indecision. Most of these projects succeeded for other people, nothing was as fundamentally wrong about them as I proclaimed. In reality that itself was an excuse. New ideas seduce, and it is a form of discipline to commit to a single project for a respectful amount of time. https://preview.redd.it/zy9a2vzdtf5c1.jpg?width=1456&format=pjpg&auto=webp&s=901c621227bba0feb4efdb39142f66ab2ebb86fe Distribution is not just posting on Indiehackers and Reddit. It’s an actual strategy and you should think of it as soon as you think of the idea, even before the Figma designs. I like how Denis Shatalin taught me. You have to build a pipeline. That means a reliable way to get leads, launch campaigns at them, close deals, learn from them, and optimize. Whenever I get an idea now I always try to ask myself “Where can I find 1000s leads in one day?” If there is no good answer, this is not a good project to do now. ​ https://preview.redd.it/2boh3fpetf5c1.jpg?width=1456&format=pjpg&auto=webp&s=1c0d5d7b000716fcbbb00cbad495e8b61e25be66 Talk to users before doing anything. Jumping on designing and coding to make your idea a reality is a satisfying activity in the short term. Especially for me, I like to create for the sake of creation. However, it is so important to understand the market, understand the audience, understand the distribution. There are a lot of things to understand before coding. https://preview.redd.it/lv8tt96ftf5c1.jpg?width=1456&format=pjpg&auto=webp&s=6c8735aa6ad795f216ff9ddfa2341712e8277724 Get out of your own head. The real reason we dropped so many projects is that we got into our own heads. We let the negative thoughts creep in and kill all the optimism. I am really good at coming up with excuses to start a project. However, I am equally as good at coming up with reasons to kill a project. And so you have this yin and yang of starting and stopping. Building momentum and not burning out. I can say with certainty my team ran out of juice this year. We lost momentum so many times we got burnt out towards the end. Realizing that the project itself has momentum is important. User feedback and sales bring momentum. Building also creates momentum but unless it is matched with an equal force of impact, it can stomp the project down. That is why so many of our projects died quickly after we launched. The smarter approach is to do things that have a low investment of momentum (like talking to users) but result in high impact (sales or feedback). Yes, that means the project can get invalidated which makes it more short-lived than if we built it first, but it preserves team life energy. At the end of 2023 here is a single sentence I am making about how I think one becomes a successful indiehacker. One becomes a successful Indiehacker when one starts to solve pain-killer problems in the market they understand, for an audience they care about and consistently engage with for a long enough timeframe. Therefore an unsuccessful Indiehacker in a single sentence is An unsuccessful Indiehacker constantly enters new markets they don’t understand to build solutions for people whose problems they don’t care about, in a timeframe that is shorter than than the time they spent thinking about distribution. However, an important note to be made. Life is not just about indiehacking. It’s about learning and having fun. In the human world, the best journey isn’t the one that gets you the fastest to your goals but the one you enjoy the most. I enjoyed making those silly little projects and although I do not regret them, I will not repeat the same mistakes in 2024. But while it’s still 2023, I have 2 more projects I want to do :) EDIT: For Devs, frontend is always react with vite (ts) and backend is either node with express (ts) or python. For DB either Postgres or mongo (usually Prisma for ORM). For deployment all of it is on AWS (S3, EC2). In terms of libraries/APIs Whisper.cpp is best open source for transcription Obviously the gpt apis Eleven labs for voice related stuff And other random stuff here and there

How to get your first 10 customers with cold email

Cold email is an insane channel for growth, especially for bootstrapped startups as it's very low cost but completely scalable. Yet there's a huge difference between blind cold emailing and crafting personalized outreach for select individuals. The latter is a legit channel which makes many businesses scale in short amounts of time (i.e. see Alex Hormozi’s ‘$100 Million Dollar Offer’). My goal here is to help other founders do what I did but quicker. So you can learn faster. And then teach me something new too. These are the step-by-step lessons I've learnt as a bootstrapped founder, showing you how to use cold email to get your first customers: Find your leads Write engaging email copy Personalize your outreach Send emails Scale up Find your leads This is a key step. Once you figure out exactly who you want to target and where to find them, you'll be printing money. There's a few different ways to go about finding valuable leads. The secret? Keep testing different approaches until you strike gold. First, dedicate some time every day to find and organise leads. Then, keep an eye on your numbers and bounce rates. If something's not working, switch it up. Stick with what's bringing in results and ditch what's not. It's all about staying flexible and learning as you go. Apollo.io is a great starting point as an effective lead source. Their tool allows you to specify filters including job titles, location, company size, industry, keywords, technologies, and revenue. Get specific with your searches to find your ideal customers. Once you have some results you can save and export them, you'll get a list of contact information including name, email, company, LinkedIn, ready to be verified and used. LinkedIn Sales Navigator is another good source. You can either do manual searches or use a scraper to automate the process. The scrapers I'd recommend checking out are FindyMail and Evaboot. As with Apollo, it's best to get very specific with your targeting so you know the prospect will be interested in your offer. BuiltWith is more expensive but ideal if you're targeting competitors. With BuiltWith you can build lists based on what technologies companies are using. For example if you're selling a Shopify app, you'd want to know websites or stores using Shopify, and reach out to them. The best lead sources will always be those that haven't been contacted a lot in the past. If you are able to find places where your target audience uniquely hangs out, and you can get their company website domains, they have the potential to be scrapped, and you have a way to personalize like "I spotted your comment on XYZ website". Once you've got your leads, keep them organized. Set up folders for different niches, countries, company sizes, so you can review what works and what doesn't. One more thing – before you start firing off emails, make sure those addresses are verified. Always use an email verifier to clean up your list and avoid bounces that may affect your sending reputation, and land you in the spam folder. I use Neverbounce for this but there are other tools available. Write engaging email copy Writing a good copy that gets replies is difficult, it changes depending on your offer/audience and nobody knows what's going to work. The best approach is to keep testing different targeting and messaging until you find what works. However, there are some key rules to stick to that I've outlined. For the subject line, keep it short and personalized. Try to write something that sparks interest, and mention the recipients name: Thought you’d like this {{first name}} {{firstName}} - quick question For the email body it's best to use a framework of personalization, offer, then call to action. Personalization is an entire subject in its own right, which I've covered below. In short, a personalized email opener is the best way to grab their attention, and let them know the email is relevant to them and to keep reading. Take it from Alex Hormozi and his $100M Offers playbook – your offer is very important to get right. Make sure your offer hits the mark for your target audience, and get as specific as possible. For example: I built a SaaS shopify app for small ecommerce businesses selling apparel that doubles your revenue in 60-days or your money back. We developed a cold email personalization tool for lead generation agencies that saves hundreds of hours, and can 3x your reply rate. Lastly, the CTA. The goal here isn't to get sign-ups directly from your first email. It's better to ask a brief question about whether the prospect would be interested in learning more. Something very low friction, that warrants a response. Some examples might include: Would you be interested in learning more about this? Can we connect a bit more on this? Mind if I send over a loom I recorded for you? Never send any links in the first email. You've reached out to this person because you have good reason to believe they'd find real value in your offer, and you want to verify if that's the case. After you get one reply, this is a great positive signal and from there you can send a link, book a call, provide a free resource, whatever makes sense based on their response. Personalize your outreach Personalization is one of the most important parts of the process to get right. Your recipient probably receives a multitude of emails every day, how can you make yours stand out, letting them know you've done your research, and that your email is relevant to them? Personalizing each email ensures you get more positive replies, and avoid spam filters, as your email is unique and hasn't been copied and pasted a million times over. The goal is to spark the recipient's interest, and let them know that you're contacting them for good reason. You might mention a recent achievement, blog post or product release that led you to reach out to the prospect specifically. For example: Your post on "Doing Nothing" gave me a good chuckle. Savvy marketing on Cadbury's part. Saw that you've been at Google for just under a year now as a new VP of sales. Spotted that you've got over 7 years of experience in the digital marketing space. Ideally you'll mention something specifically about the prospect or their company that relates to your offer. The downside to personalization is that it's hard to get right, and very time consuming at scale, but totally worth it. Full disclosure, me and my partner Igor just launched our new startup ColdClicks which uses AI to generate hyper-personalized email openers at scale. We built the tool as we were sending hundreds of emails a day, and personalizing every individual email took hours out of our day. ColdClicks automates this process, saving you time and getting you 2-3x more replies. Send emails At this stage you've decided on who you're targeting, you've mined some leads, and written copy. Now it's time to get sending. You can do this manually by copy and pasting each message, but one of the reasons cold email is so powerful is that it's scalable. When you build a process that gets customers, you'll want to send as many emails as you can to your target market. To get started quickly, you can use a mail-merge gmail tool, the best I've used is Maileteor. With Maileteor you upload your lead data to Google sheets, set-up an email template and Mailmetor will send out emails every day automatically. In your template you can define variables including name, company, and personalization to ensure your email is unique for each recipient. Alternatively, you may opt for a more comprehensive tool such as Instantly. Instantly includes unlimited email sending and accounts. There's more initial setup involved as you'll need to set-up Google workspace, buy sending domains, and warm up your email accounts, but when you become familiar with the process you can build a powerful lead generation / customer acquisition machine. Some key points to note, it's very important to warm up any new email accounts you set up. Warmup is the process of gradually establishing a positive reputation with email service providers like Gmail or Yahoo. Make sure to set up DKIM and DMARC on those new email accounts too, to maximise your chances of landing in the inbox. Scale up Once you've found a process that works, good things happen, and it becomes a numbers game. As you get replies and start to see new users signing up, you'll want to scale the process and send more emails. It's straightforward to add new sending accounts in a sending tool like Instantly, and you'll want to broaden your targeting when mining to test new markets. Unfortunately, sending more emails usually comes with a drop in reply rate as you have less time to personalize your messaging for each recipient. This is where ColdClicks shines. The tool allows you to upload thousands of leads and generate perfectly relevant email personalizations for every lead in your list, then export to your favorite sending tool. The examples I listed above in the personalization section were all generated by ColdClicks. Wrapping it up Cold email is an amazing way to validate your product and get new customers. The channel gets a bad rap, but there's a huge difference between blind cold emailing and crafting personalized outreach for individuals who will find value in your product. It's perfect for bootstrapped founders due to its affordability and scalability, and it's the driver of growth for many SaaS businesses. Time to get your first 10 customers! As you start sending, make it a habit to regularly check for new leads. Always experiment with market/messaging, track every campaign so you can learn what's working and iterate, and when you do get positive responses, reply as soon as you can!

How me and my team made 15+ apps and not made a single sale in 2023

Hey, my name is Michael, I am in Auckland NZ. This year was the official beginning of my adult life. I graduated from university and started a full-time job. I’ve also really dug into indiehacking/bootstrapping and started 15 projects (and it will be at least 17 before the year ends). I think I’ve learned a lot but I consciously repeated mistakes. Upto (Nov) Discord Statuses + Your Location + Facebook Poke https://preview.redd.it/4nqt7tp2tf5c1.png?width=572&format=png&auto=webp&s=b0223484bc54b45b5c65e0b1afd0dc52f9c02ad1 This was the end of uni, I often messaged (and got messaged) requests of status and location to (and from my) friends. I thought, what if we make a social app that’s super basic and all it does is show you where your friends are? To differentiate from snap maps and others we wanted something with more privacy where you select the location. However, never finished the codebase or launched it. This is because I slowly started to realize that B2C (especially social networks) are way too hard to make into an actual business and the story with Fistbump would repeat itself. However, this decision not to launch it almost launched a curse on our team. From that point, we permitted ourselves to abandon projects even before launching. Lessons: Don’t do social networks if your goal is 10k MRR ASAP. If you build something to 90% competition ship it or you will think it’s okay to abandon projects Insight Bites (Nov) Youtube Summarizer Extension ​ https://preview.redd.it/h6drqej4tf5c1.jpg?width=800&format=pjpg&auto=webp&s=0f211456c390ac06f4fcb54aa51f9d50b0826658 Right after Upto, we started ideating and conveniently the biggest revolution in the recent history of tech was released → GPT. We instantly began ideating. The first problem we chose to use AI for is to summarize YouTube videos. Comical. Nevertheless, I am convinced we have had the best UX because you could right-click on a video to get a slideshow of insights instead of how everyone else did it. We dropped it because there was too much competition and unit economics didn’t work out (and it was a B2C). PodPigeon (Dec) Podcast → Tweet Threads https://preview.redd.it/0ukge245tf5c1.png?width=2498&format=png&auto=webp&s=23303e1cab330578a3d25cd688fa67aa3b97fb60 Then we thought, to make unit economics work we need to make this worthwhile for podcasters. This is when I got into Twitter and started seeing people summarize podcasts. Then I thought, what if we make something that converts a podcast into tweets? This was probably one of the most important projects because it connected me with Jason and Jonaed, both of whom I regularly stay in contact with and are my go-to experts on ideas related to content creation. Jonaed was even willing to buy Podpigeon and was using it on his own time. However, the unit economics still didn’t work out (and we got excited about other things). Furthermore, we got scared of the competition because I found 1 - 2 other people who did similar things poorly. This was probably the biggest mistake we’ve made. Very similar projects made 10k MRR and more, launching later than we did. We didn’t have a coherent product vision, we didn’t understand the customer well enough, and we had a bad outlook on competition and a myriad of other things. Lessons: I already made another post about the importance of outlook on competition. Do not quit just because there are competitors or just because you can’t be 10x better. Indiehackers and Bootstrappers (or even startups) need to differentiate in the market, which can be via product (UX/UI), distribution, or both. Asking Ace Intro.co + Crowdsharing ​ https://preview.redd.it/0hu2tt16tf5c1.jpg?width=1456&format=pjpg&auto=webp&s=3d397568ef2331e78198d64fafc1a701a3e75999 As I got into Twitter, I wanted to chat with some people I saw there. However, they were really expensive. I thought, what if we made some kind of crowdfunding service for other entrepreneurs to get a private lecture from their idols? It seemed to make a lot of sense on paper. It was solving a problem (validated via the fact that Intro.co is a thing and making things cheaper and accessible is a solid ground to stand on), we understood the market (or so we thought), and it could monetize relatively quickly. However, after 1-2 posts on Reddit and Indiehackers, we quickly learned three things. Firstly, no one cares. Secondly, even if they do, they think they can get the same information for free online. Thirdly, the reasons before are bad because for the first point → we barely talked to people, and for the second people → we barely talked to the wrong people. However, at least we didn’t code anything this time and tried to validate via a landing page. Lessons Don’t give up after 1 Redditor says “I don’t need this” Don’t be scared to choose successful people as your audience. Clarito Journaling with AI analyzer https://preview.redd.it/8ria2wq6tf5c1.jpg?width=1108&format=pjpg&auto=webp&s=586ec28ae75003d9f71b4af2520b748d53dd2854 Clarito is a classic problem all amateur entrepreneurs have. It’s where you lie to yourself that you have a real problem and therefore is validated but when your team asks you how much you would pay you say I guess you will pay, maybe, like 5 bucks a month…? Turns out, you’d have to pay me to use our own product lol. We sent it off to a few friends and posted on some forums, but never really got anything tangible and decided to move away. Honestly, a lot of it is us in our own heads. We say the market is too saturated, it’ll be hard to monetize, it’s B2C, etc. Lessons: You use the Mom Test on other people. You have to do it yourself as well. However, recognizing that the Mom Test requires a lot of creativity in its investigation because knowing what questions to ask can determine the outcome of the validation. I asked myself “Do I journal” but I didn’t ask myself “How often do I want GPT to chyme in on my reflections”. Which was practically never. That being said I think with the right audience and distribution, this product can work. I just don’t know (let alone care) about the audience that much (and I thought I was one of them)/ Horns & Claw Scrapes financial news texts you whether you should buy/sell the stock (news sentiment analysis) ​ https://preview.redd.it/gvfxdgc7tf5c1.jpg?width=1287&format=pjpg&auto=webp&s=63977bbc33fe74147b1f72913cefee4a9ebec9c2 This one we didn’t even bother launching. Probably something internal in the team and also seemed too good to be true (because if this works, doesn’t that just make us ultra-rich fast?). I saw a similar tool making 10k MRR so I guess I was wrong. Lessons: This one was pretty much just us getting into our heads. I declared that without an audience it would be impossible to ship this product and we needed to start a YouTube channel. Lol, and we did. And we couldn’t even film for 1 minute. I made bold statements like “We will commit to this for at least 1 year no matter what”. Learnery Make courses about any subject https://preview.redd.it/1nw6z448tf5c1.jpg?width=1112&format=pjpg&auto=webp&s=f2c73e8af23b0a6c3747a81e785960d4004feb48 This is probably the most “successful” project we’ve made. It grew from a couple of dozen to a couple of hundred users. It has 11 buy events for $9.99 LTD (we couldn’t be bothered connecting Stripe because we thought no one would buy it anyway). However what got us discouraged from seriously pursuing it more is, that this has very low defensibility, “Why wouldn’t someone just use chatGPT?” and it’s B2C so it’s hard to monetize. I used it myself for a month or so but then stopped. I don’t think it’s the app, I think the act of learning a concept from scratch isn’t something you do constantly in the way Learnery delivers it (ie course). I saw a bunch of similar apps that look like Ass make like 10k MRR. Lessons: Don’t do B2C, or if you do, do it properly Don’t just Mixpanel the buy button, connect your Stripe otherwise, it doesn’t feel real and you won’t get momentum. I doubt anyone (even me) will make this mistake again. I live in my GPT bubble where I make assumptions that everyone uses GPT the same way and as much as I do. In reality, the argument that this has low defensibility against GPT is invalid. Platforms that deliver a differentiated UX from ChatGPT to audiences who are not tightly integrated into the habit of using ChatGPT (which is like - everyone except for SOME tech evangelists). CuriosityFM Make podcasts about any subject https://preview.redd.it/zmosrcp8tf5c1.jpg?width=638&format=pjpg&auto=webp&s=d04ddffabef9050050b0d87939273cc96a8637dc This was our attempt at making Learnery more unique and more differentiated from chatGPT. We never really launched it. The unit economics didn’t work out and it was actually pretty boring to listen to, I don’t think I even fully listened to one 15-minute episode. I think this wasn’t that bad, it taught us more about ElevenLabs and voice AI. It took us maybe only 2-3 days to build so I think building to learn a new groundbreaking technology is fine. SleepyTale Make children’s bedtime stories https://preview.redd.it/14ue9nm9tf5c1.jpg?width=807&format=pjpg&auto=webp&s=267e18ec6f9270e6d1d11564b38136fa524966a1 My 8-year-old sister gave me that idea. She was too scared of making tea and I was curious about how she’d react if she heard a bedtime story about that exact scenario with the moral that I wanted her to absorb (which is that you shouldn’t be scared to try new things ie stop asking me to make your tea and do it yourself, it’s not that hard. You could say I went full Goebbels on her). Zane messaged a bunch of parents on Facebook but no one really cared. We showed this to one Lady at the place we worked from at Uni and she was impressed and wanted to show it to her kids but we already turned off our ElevenLabs subscription. Lessons: However, the truth behind this is beyond just “you need to be able to distribute”. It’s that you have to care about the audience. I don’t particularly want to build products for kids and parents. I am far away from that audience because I am neither a kid anymore nor going to be a parent anytime soon, and my sister still asked me to make her tea so the story didn’t work. I think it’s important to ask yourself whether you care about the audience. The way you answer that even when you are in full bias mode is, do you engage with them? Are you interested in what’s happening in their communities? Are you friends with them? Etc. User Survey Analyzer Big User Survey → GPT → Insights Report Me and my coworker were chatting about AI when he asked me to help him analyze a massive survey for him. I thought that was some pretty decent validation. Someone in an actual company asking for help. Lessons Market research is important but moving fast is also important. Ie building momentum. Also don’t revolve around 1 user. This has been a problem in multiple projects. Finding as many users as possible in the beginning to talk to is key. Otherwise, you are just waiting for 1 person to get back to you. AutoI18N Automated Internationalization of the codebase for webapps This one I might still do. It’s hard to find a solid distribution strategy. However, the idea came from me having to do it at my day job. It seems a solid problem. I’d say it’s validated and has some good players already. The key will be differentiation via the simplicity of UX and distribution (which means a slightly different audience). In the backlog for now because I don’t care about the problem or the audience that much. Documate - Part 1 Converts complex PDFs into Excel https://preview.redd.it/8b45k9katf5c1.jpg?width=1344&format=pjpg&auto=webp&s=57324b8720eb22782e28794d2db674b073193995 My mom needed to convert a catalog of furniture into an inventory which took her 3 full days of data entry. I automated it for her and thought this could have a big impact but there was no distribution because there was no ICP. We tried to find the ideal customers by talking to a bunch of different demographics but I flew to Kazakhstan for a holiday and so this kind of fizzled out. I am not writing this blog post linearity, this is my 2nd hour and I am tired and don’t want to finish this later so I don’t even know what lessons I learned. Figmatic Marketplace of high-quality Figma mockups of real apps https://preview.redd.it/h13yv45btf5c1.jpg?width=873&format=pjpg&auto=webp&s=aaa2896aeac2f22e9b7d9eed98c28bb8a2d2cdf1 This was a collab between me and my friend Alex. It was the classic Clarito where we both thought we had this problem and would pay to fix it. In reality, this is a vitamin. Neither I, nor I doubt Alex have thought of this as soon as we bought the domain. We posted it on Gumroad, sent it to a bunch of forums, and called it a day. Same issue as almost all the other ones. No distribution strategy. However, apps like Mobin show us that this concept is indeed profitable but it takes time. It needs SEO. It needs a community. None of those things, me and Alex had or was interested in. However shortly after HTML → Figma came out and it’s the best plugin. Maybe that should’ve been the idea. Podcast → Course Turns Podcaster’s episodes into a course This one I got baited by Jason :P I described to him the idea of repurposing his content for a course. He told me this was epic and he would pay. Then after I sent him the demo, he never checked it out. Anyhow during the development, we realized that doesn’t actually work because A podcast doesn’t have the correct format for the course, the most you can extract are concepts and ideas, seldom explanations. Most creators want video-based courses to be hosted on Kajabi or Udemy Another lesson is that when you pitch something to a user, what you articulate is a platform or a process, they imagine an outcome. However, the end result of your platform can be a very different outcome to what they had in mind and there is even a chance that what they want is not possible. You need to understand really well what the outcome looks like before you design the process. This is a classic problem where we thought of the solution before the problem. Yes, the problem exists. Podcasters want to make courses. However, if you really understand what they want, you can see how repurposing a podcast isn’t the best way to get there. However I only really spoke to 1-2 podcasters about this so making conclusions is dangerous for this can just be another asking ace mistake with the Redditor. Documate Part 2 Same concept as before but now I want to run some ads. We’ll see what happens. https://preview.redd.it/xb3npj0ctf5c1.jpg?width=1456&format=pjpg&auto=webp&s=3cd4884a29fd11d870d010a2677b585551c49193 In conclusion https://preview.redd.it/2zrldc9dtf5c1.jpg?width=1840&format=pjpg&auto=webp&s=2b3105073e752ad41c23f205dbd1ea046c1da7ff It doesn’t actually matter that much whether you choose to do a B2C, or a social network or focus on growing your audience. All of these can make you successful. What’s important is that you choose. If I had to summarize my 2023 in one word it’s indecision. Most of these projects succeeded for other people, nothing was as fundamentally wrong about them as I proclaimed. In reality that itself was an excuse. New ideas seduce, and it is a form of discipline to commit to a single project for a respectful amount of time. https://preview.redd.it/zy9a2vzdtf5c1.jpg?width=1456&format=pjpg&auto=webp&s=901c621227bba0feb4efdb39142f66ab2ebb86fe Distribution is not just posting on Indiehackers and Reddit. It’s an actual strategy and you should think of it as soon as you think of the idea, even before the Figma designs. I like how Denis Shatalin taught me. You have to build a pipeline. That means a reliable way to get leads, launch campaigns at them, close deals, learn from them, and optimize. Whenever I get an idea now I always try to ask myself “Where can I find 1000s leads in one day?” If there is no good answer, this is not a good project to do now. ​ https://preview.redd.it/2boh3fpetf5c1.jpg?width=1456&format=pjpg&auto=webp&s=1c0d5d7b000716fcbbb00cbad495e8b61e25be66 Talk to users before doing anything. Jumping on designing and coding to make your idea a reality is a satisfying activity in the short term. Especially for me, I like to create for the sake of creation. However, it is so important to understand the market, understand the audience, understand the distribution. There are a lot of things to understand before coding. https://preview.redd.it/lv8tt96ftf5c1.jpg?width=1456&format=pjpg&auto=webp&s=6c8735aa6ad795f216ff9ddfa2341712e8277724 Get out of your own head. The real reason we dropped so many projects is that we got into our own heads. We let the negative thoughts creep in and kill all the optimism. I am really good at coming up with excuses to start a project. However, I am equally as good at coming up with reasons to kill a project. And so you have this yin and yang of starting and stopping. Building momentum and not burning out. I can say with certainty my team ran out of juice this year. We lost momentum so many times we got burnt out towards the end. Realizing that the project itself has momentum is important. User feedback and sales bring momentum. Building also creates momentum but unless it is matched with an equal force of impact, it can stomp the project down. That is why so many of our projects died quickly after we launched. The smarter approach is to do things that have a low investment of momentum (like talking to users) but result in high impact (sales or feedback). Yes, that means the project can get invalidated which makes it more short-lived than if we built it first, but it preserves team life energy. At the end of 2023 here is a single sentence I am making about how I think one becomes a successful indiehacker. One becomes a successful Indiehacker when one starts to solve pain-killer problems in the market they understand, for an audience they care about and consistently engage with for a long enough timeframe. Therefore an unsuccessful Indiehacker in a single sentence is An unsuccessful Indiehacker constantly enters new markets they don’t understand to build solutions for people whose problems they don’t care about, in a timeframe that is shorter than than the time they spent thinking about distribution. However, an important note to be made. Life is not just about indiehacking. It’s about learning and having fun. In the human world, the best journey isn’t the one that gets you the fastest to your goals but the one you enjoy the most. I enjoyed making those silly little projects and although I do not regret them, I will not repeat the same mistakes in 2024. But while it’s still 2023, I have 2 more projects I want to do :) EDIT: For Devs, frontend is always react with vite (ts) and backend is either node with express (ts) or python. For DB either Postgres or mongo (usually Prisma for ORM). For deployment all of it is on AWS (S3, EC2). In terms of libraries/APIs Whisper.cpp is best open source for transcription Obviously the gpt apis Eleven labs for voice related stuff And other random stuff here and there

What I learn from my $200 MRR App I built 4 months ago

4 month ago, I am just a 10-years experienced product manager without any software development experience. I have an $3K/month job, but I am so tired, I don’t like my life, don’t like my boss, don’t like my daily work, that make me feeling I already died however I am still living. I yearn for freedom and want to live each day the way I want to. So I quit my job, and become a Indie developer to build my own business, my own app, even my own life. I am so grateful for this time and experience, now my app reach $200 MRR, still very little compared to my previous salary, but I never regret. I have learned lots of things from this time and experience, more than I had in last 10 years. Here is the time-line of my App: ​ Sep 2023: Launch first version to iOS App store Oct 2023: Release in-app-purchase features and have first subscriber, the revenue in October is $154 Nov 2023: Change from subscription to pay per use, and I did lots of marketing jobs in November, however, the revenue reduced to only $40. Dec 2023: Change back to subscription, and stop some invalid marketing jobs, only keep the ones that actually work. I almost did nothing in December, and the revenue come to $243. During this process, I have learned lots of things, there are some of them that I think could help you as well. Web or App My App is an iOS app that only can running on Apple’s device such like iPhone/iPad or Mac with Apple silicon. Many people ask me why my product is an iOS app not a website, because they don’t have any Apple device. It's true that promoting an app is much harder than promoting a website. However I am now very glad I made an App and not a website! If I make a website, I don't think it's possible to make $100 in the first month. My App is about keyword research, to help people find some ideas from search keyword, because every keyword people searched in Google are representing a real need of them, also can be used in SEO field. However there are a lot of website tools about keyword research, some of them are famous like Ahrefs, SEMrush… I have no intention of competing with them. Actually I don’t have any chance. While in app store, there are little apps about keyword research, each of them have terrible data and user experience, that means if my app has better data and experience that could be my chance. In fact, the App store brings me 20 organic installs a day that Google would never have been able to bring me if I had a website, at least for the first few months. Furthermore, Apple nearly did everything for developer, I don’t need to care about user login, payment and so on, Apple did everything, I just need to call their API, that save lots of time, if I build a website, I need to implement login and payment by myself, that would add some extra work. Not to mention I'd need to buy servers and domains, that would cost me a lot of money. Although Apple will take 30% of the revenue, I can live with that in the early stages because the most important thing for me is to get the product to market as soon as possible. Actually thought Apple’s SMB program, the take rate is 15% now. So Web or App is not important in the early stage, time is important, if people need my product, it's easy to make a website one. More Users or More Valuable Users In November, I notice some users would like use my app, and they were meet paywall, but they never subscribe. I provided 7 day free trail, but it seem that they don’t like it. So I decide to change subscription to pay per use. Because as a user, I don’t like subscription as well, pay per use seem like more friendly. So I change from subscription to pay per use. People can afford $9.99 to subscribe monthly for unlimited use or pay $1.99 for each data they want(First purchase is $0.99 then $1.99). I was expecting more user to pay, but it was the complete opposite! Some users who would have paid a higher subscription fee are switching to a lower priced single payment. Users are encountering paywalls more often, and each time they need to make a decision about whether or not to pay, which increases the probability that they will abandon payment. This resulted in a 75% decrease in revenue in November. In fact, the mostly of my revenue comes from a handful of long-cycle subscribers, such as annual subscription. Few bring in most of the revenue, that is the most important thing I learned. You don't need a lot of customers, you just need more valuable ones. That's why it's only right to design a mechanism to filter out high-value customers and focus on them, all the things you want do is just let more people into the filter, and from that point of view, subscription with free trial period is the best way, even if most people don't like it. The rule of 20/80 will always be there. The most important thing is always focus on the 20 percent things and people. Effort does not always guarantee rewards. Unless one engages in deep thinking, or most efforts are invalid. I have been working very hard to promote my product for a period of time. It’s about in November. I did a lot of job, such as write script to send message to my potential clients on Fiverr, post and write comments on others post on Reddit, find related questions and answer them on Quora, post and comments on Twitte, etc. During that period, I was exhausted every day, but the outcome did not meet my expectations. There is only little growth on App installation, even less revenue than before. That make me frustrated. I finally realized that If I need to put in a tremendous amount of effort just to make a little progress, there is must something wrong. So I stop 80% of promote work I have ever did, only keep app store search ad, which will bring a installation with less than $0.5 cost. Then I dive into long time and deeply thinking, I spent more time on reading books, investigate other product with great MRR, watch interviews with people who are already living the kind of life I aspire to live, for example, u/levelsio. These things have given me great inspiration, and my life has become easier. It seems that the life I anticipated when I resigned is getting closer. I also have a clearer understanding of my app. Meanwhile, MRR has been growing. This experience let me learn that effort does not always guarantee results. Many times, our efforts are just wishful thinking, they are invalid, do the right thing after deeply thinking is more important. What Next? My goal is reach $3K MRR, as same as my job payment, I will never stop to building things, and I will keep my currently lifestyle. I still don't know how to get more people to use my app, but levelsio's interviews give me some inspiration that I can verified something by manually instead of build a software. I plan to launch a trend analysis product based on the keyword data provided by my current app. I have always wanted to combine AI to build such a product, but I didn't know how to do it. Now I intend to manually complete it first and start software development once there are paying users. If you are interested to my App, you could try it. Gotrends

[P] Building an Reinforcement Learning Agent to play The Legend of Zelda

A year go I started trying to use PPO to play the original Legend of Zelda, and I was able to train a model to beat the first boss after a few months of work. I wanted to share the project just for show and tell. I'd love to hear feedback and suggestions as this is just a hobby project. I don't do this for a living. The code for that lives in the original-design branch of my Triforce repo. I'm currently tinkering with new designs so the main branch is much less stable. Here's a video of the agent beating the first dungeon, which was trained with 5,000,000+ steps. At 38 seconds, you can see it learned that it's invulnerable at the screen edge, and it exploits that to avoid damage from a projectile. At 53 seconds it steps up to avoid damage from an unblockable projectile, even though it takes a -0.06 penalty for moving the wrong way (taking damage would be a larger penalty.) At 55 seconds it walks towards the rock projectile to block it. And so on, lots of little things the model does is easy to miss if you don't know the game inside and out. As a TLDR, here's an early version of my new (single) model. This doesn't make it quite as far, but if you watch closely it's combat is already far better, and is only trained on 320,000 steps (~6% of the steps the first model was trained on). This is pretty far along from my very first model. Original Design I got the original project working using stable-baselines's PPO and default neural network (Shared NatureCNN, I believe). SB was great to get started but ultimately stifling. In the new version of the project I've implemented PPO from scratch with torch with my own simple neural network similar to stable-baseline's default. I'm playing with all kinds of changes and designs now that I have more flexibility and control. Here is my rough original design: Overall Strategy My first pass through this project was basically "imagine playing Zelda with your older sibling telling you where to go and what to do". I give the model an objective vector which points to where I want it to go on the screen (as a bird flies, the agent still had to learn path finding to avoid damage and navigate around the map). This includes either point at the nearest enemy I want it to kill or a NSEW vector if it's supposed to move to the next room. Due a few limitations with stable-baselines (especially around action masking), I ended up training unique models for traversing the overworld vs the dungeon (since they have entirely different tilesets). I also trained a different model for when we have sword beams vs not. In the video above you can see what model is being used onscreen. In my current project I've removed this objective vector as it felt too much like cheating. Instead I give it a one-hot encoded objective (move north to the next room, pickup items, kill enemies, etc). So far it's working quite well without that crutch. The new project also does a much better job of combat even without multiple models to handle beams vs not. Observation/Action Space Image - The standard neural network had a really tough time being fed the entire screen. No amount of training seemed to help. I solved this by creating a viewport around Link that keeps him centered. This REALLY helped the model learn. I also had absolutely zero success with stacking frames to give Link a way to see enemy/projectile movement. The model simply never trained with stable-baselines when I implemented frame stacking and I never figured out why. I just added it to my current neural network and it seems to be working... Though my early experiments show that giving it 3 frames (skipping two in between, so frames curr, curr-3, curr-6) doesn't really give us that much better performance. It might if I took away some of the vectors. We'll see. Vectors - Since the model cannot see beyond its little viewport, I gave the model a vector to the closest item, enemy, and projectile onscreen. This made it so the model can shoot enemies across the room outside of its viewport. My new model gives it multiple enemies/items/projectiles and I plan to try to use an attention mechanism as part of the network to see if I can just feed it all of that data. Information - It also gets a couple of one-off datapoints like whether it currently has sword beams. The new model also gives it a "source" room (to help better understand dungeons where we have to backtrack), and a one-hot encoded objective. Action Space My original project just has a few actions, 4 for moving in the cardinal directions and 4 for attacking in each direction (I also added bombs but never spent any time training it). I had an idea to use masking to help speed up training. I.E. if link bumps into a wall, don't let him move in that direction again until he moves elsewhere, as the model would often spend an entire memory buffer running headlong straight into a wall before an update...better to do it once and get a huge negative penalty which is essentially the same result but faster. Unfortunately SB made it really annoying architecturally to pass that info down to the policy layer. I could have hacked it together, but eventually I just reimplemented PPO and my own neural network so I could properly mask actions in the new version. For example, when we start training a fresh model, it cannot attack when there aren't enemies on screen and I can disallow it from leaving certain areas. The new model actually understands splitting swinging the sword short range vs firing sword beams as two different actions, though I haven't yet had a chance to fully train with the split yet. Frameskip/Cooldowns - In the game I don't use a fixed frame skip for actions. Instead I use the internal ram state of game to know when Link is animation locked or not and only allow the agent to take actions when it's actually possible to give meaningful input to the game. This greatly sped up training. We also force movement to be between tiles on the game map. This means that when the agent decides to move it loses control for longer than a player would...a player can make more split second decisions. This made it easier to implement movement rewards though and might be something to clean up in the future. Other interesting details Pathfinding - To facilitate rewards, the original version of this project used A* to pathfind from link to what he should be doing. Here's a video of it in action. This information wasn't giving to the model directly but instead the agent would only be given the rewards if it exactly followed that path or the transposed version of it. It would also pathfind around enemies and not walk through them. This was a nightmare though. The corner cases were significant, and pushing Link towards enemies but not into them was really tricky. The new verison just uses a wavefront algorithm. I calculate a wave from the tiles we want to get to outwards, then make sure we are following the gradient. Also calculating the A* around enemies every frame (even with caching) was super slow. Wavefront was faster, especially because I give the new model no special rewards for walking around enemies...faster to compute and it has to learn from taking damage or not. Either way, the both the old and new models successfully learned how to pathfind around danger and obstacles, with or without the cheaty objective vector. Rewards - I programmed very dense rewards in both the old and new model. At basically every step, the model is getting rewarded or punished for something. I actually have some ideas I can't wait to try out to make the rewards more sparse. Or maybe we start with dense rewards for the first training, then fine-tune the model with sparser rewards. We'll see. Predicting the Future - Speaking of rewards. One interesting wrinkle is that the agent can do a lot of things that will eventually deal damage but not on that frame. For example, when Link sets a bomb it takes several seconds before it explodes, killing things. This can be a massive reward or penalty since he spent an extremely valuable resource, but may have done massive damage. PPO and other RL propagates rewards backwards, of course, but that spike in reward could land on a weird frame where we took damage or moved in the wrong direction. I probably could have just not solved that problem and let it shake out over time, but instead I used the fact that we are in an emulator to just see what the outcome of every decision is. When planting a bomb, shooting sword beams, etc, we let the game run forward until impact, then rewind time and reward the agent appropriately, continuing on from when we first paused. This greatly speeds up training, even if it's expensive to do this savestate, play forward, restore state. Neural Networks - When I first started this project (knowing very little about ML and RL), I thought most of my time would be tuning the shape of the neural network that we are using. In reality, the default provided by stable-baselines and my eventual reimplemnentation has been enough to make massive progress. Now that I have a solid codebase though, I really want to revisit this. I'd like to see if trying CoordConvs and similar networks might make the viewport unncessary. Less interesting details/thoughts Hyperparameters - Setting the entropy coefficinet way lower helped a TON in training stable models. My new PPO implementation is way less stable than stable-baselines (ha, imagine that), but still converges most of the time. Infinite Rewards - As with all reinforcement learning, if you give some way for the model to get infinite rewards, it will do just that and nothing else. I spent days, or maybe weeks tweaking reward functions to just get it to train and not find a spot on the wall it could hump for infinite rewards. Even just neutral rewards, like +0.5 moving forward and -0.5 for moving backwards, would often result in a model that just stepped left, then right infinitely. There has to be a real reward or punishment (non-neutral) for forward progress. Debugging Rewards - In fact, building a rewards debugger was the only way I made progress in this project. If you are tackling something this big, do that very early. Stable-Retro is pretty great - Couldn't be happier with the clean design for implementing emulation for AI. Torch is Awesome - My early versions heavily used numpy and relied on stable-baselines, with its multiproc parallelization support. It worked great. Moving the project over to torch was night and day though. It gave me so much more flexibility, instant multithreading for matrix operations. I have a pretty beefy computer and I'm almost at the same steps per second as 20 proc stable-retro/numpy. Future Ideas This has already gone on too long. I have some ideas for future projects, but maybe I'll just make them another post when I actually do them. Special Thanks A special thanks to Brad Flaugher for help with the early version of this, Fiskbit from the Zelda1 speedrunning community for help pulling apart the raw assembly to build this thing, and MatPoliquin for maintaining Stable-Retro. Happy to answer any questions, really I just love nerding out about this stuff.

[D] Why I'm Lukewarm on Graph Neural Networks

TL;DR: GNNs can provide wins over simpler embedding methods, but we're at a point where other research directions matter more I also posted it on my blog here, has footnotes, a nicer layout with inlined images, etc. I'm only lukewarm on Graph Neural Networks (GNNs). There, I said it. It might sound crazy GNNs are one of the hottest fields in machine learning right now. [There][1] were at least [four][2] [review][3] [papers][4] just in the last few months. I think some progress can come of this research, but we're also focusing on some incorrect places. But first, let's take a step back and go over the basics. Models are about compression We say graphs are a "non-euclidean" data type, but that's not really true. A regular graph is just another way to think about a particular flavor of square matrix called the [adjacency matrix][5], like this. It's weird, we look at run-of-the-mill matrix full of real numbers and decide to call it "non-euclidean". This is for practical reasons. Most graphs are fairly sparse, so the matrix is full of zeros. At this point, where the non-zero numbers are matters most, which makes the problem closer to (computationally hard) discrete math rather than (easy) continuous, gradient-friendly math. If you had the full matrix, life would be easy If we step out of the pesky realm of physics for a minute, and assume carrying the full adjacency matrix around isn't a problem, we solve a bunch of problems. First, network node embeddings aren't a thing anymore. A node is a just row in the matrix, so it's already a vector of numbers. Second, all network prediction problems are solved. A powerful enough and well-tuned model will simply extract all information between the network and whichever target variable we're attaching to nodes. NLP is also just fancy matrix compression Let's take a tangent away from graphs to NLP. Most NLP we do can be [thought of in terms of graphs][6] as we'll see, so it's not a big digression. First, note that Ye Olde word embedding models like [Word2Vec][7] and [GloVe][8] are [just matrix factorization][9]. The GloVe algorithm works on a variation of the old [bag of words][10] matrix. It goes through the sentences and creates a (implicit) [co-occurence][11] graph where nodes are words and the edges are weighed by how often the words appear together in a sentence. Glove then does matrix factorization on the matrix representation of that co-occurence graph, Word2Vec is mathematically equivalent. You can read more on this in my [post on embeddings][12] and the one (with code) on [word embeddings][13]. Even language models are also just matrix compression Language models are all the rage. They dominate most of the [state of the art][14] in NLP. Let's take BERT as our main example. BERT predicts a word given the context of the rest of the sentence. This grows the matrix we're factoring from flat co-occurences on pairs of words to co-occurences conditional on the sentence's context, like this We're growing the "ideal matrix" we're factoring combinatorially. As noted by [Hanh & Futrell][15]: [...] human language—and language modelling—has infinite statistical complexity but that it can be approximated well at lower levels. This observation has two implications: 1) We can obtain good results with comparatively small models; and 2) there is a lot of potential for scaling up our models. Language models tackle such a large problem space that they probably approximate a compression of the entire language in the [Kolmogorov Complexity][16] sense. It's also possible that huge language models just [memorize a lot of it][17] rather than compress the information, for what it's worth. Can we upsample any graph like language models do? We're already doing it. Let's call a first-order embedding of a graph a method that works by directly factoring the graph's adjacency matrix or [Laplacian matrix][18]. If you embed a graph using [Laplacian Eigenmaps][19] or by taking the [principal components][20] of the Laplacian, that's first order. Similarly, GloVe is a first-order method on the graph of word co-occurences. One of my favorites first order methods for graphs is [ProNE][21], which works as well as most methods while being two orders of magnitude faster. A higher-order method embeds the original matrix plus connections of neighbours-of-neighbours (2nd degree) and deeper k-step connections. [GraRep][22], shows you can always generate higher-order representations from first order methods by augmenting the graph matrix. Higher order method are the "upsampling" we do on graphs. GNNs that sample on large neighborhoods and random-walk based methods like node2vec are doing higher-order embeddings. Where are the performance gain? Most GNN papers in the last 5 years present empirical numbers that are useless for practitioners to decide on what to use. As noted in the [OpenGraphsBenchmark][4] (OGB) paper, GNN papers do their empirical section on a handful of tiny graphs (Cora, CiteSeer, PubMed) with 2000-20,000 nodes. These datasets can't seriously differentiate between methods. Recent efforts are directly fixing this, but the reasons why researchers focused on tiny, useless datasets for so long are worth discussing. Performance matters by task One fact that surprises a lot of people is that even though language models have the best performance in a lot of NLP tasks, if all you're doing is cram sentence embeddings into a downstream model, there [isn't much gained][23] from language models embeddings over simple methods like summing the individual Word2Vec word embeddings (This makes sense, because the full context of the sentence is captured in the sentence co-occurence matrix that is generating the Word2Vec embeddings). Similarly, [I find][24] that for many graphs simple first-order methods perform just as well on graph clustering and node label prediction tasks than higher-order embedding methods. In fact higher-order methods are massively computationally wasteful for these usecases. Recommended first order embedding methods are ProNE and my [GGVec with order=1][25]. Higher order methods normally perform better on the link prediction tasks. I'm not the only one to find this. In the BioNEV paper, they find: "A large GraRep order value for link prediction tasks (e.g. 3, 4);a small value for node classification tasks (e.g.1, 2)" (p.9). Interestingly, the gap in link prediction performance is inexistant for artificially created graphs. This suggests higher order methods do learn some of the structure intrinsic to [real world graphs][26]. For visualization, first order methods are better. Visualizations of higher order methods tend to have artifacts of their sampling. For instance, Node2Vec visualizations tend to have elongated/filament-like structures which come from the embeddings coming from long single strand random walks. See the following visualizations by [Owen Cornec][27] created by first embedding the graph to 32-300 dimensions using a node embedding algorithm, then mapping this to 2d or 3d with the excellent UMAP algorithm, like this Lastly, sometimes simple methods soundly beat higher order methods (there's an instance of it in the OGB paper). The problem here is that we don't know when any method is better than another and we definitely don't know the reason. There's definitely a reason different graph types respond better/worse to being represented by various methods. This is currently an open question. A big part of why is that the research space is inundated under useless new algorithms because... Academic incentives work against progress Here's the cynic's view of how machine learning papers are made: Take an existing algorithm Add some new layer/hyperparameter, make a cute mathematical story for why it matters Gridsearch your hyperparameters until you beat baselines from the original paper you aped Absolutely don't gridsearch stuff you're comparing against in your results section Make a cute ACRONYM for your new method, put impossible to use python 2 code on github (Or no code at all!) and bask in the citations I'm [not][28] the [only one][29] with these views on the state reproducible research. At least it's gotten slightly better in the last 2 years. Sidebar: I hate Node2Vec A side project of mine is a [node embedding library][25] and the most popular method in it is by far Node2Vec. Don't use Node2Vec. [Node2Vec][30] with p=1; q=1 is the [Deepwalk][31] algorithm. Deepwalk is an actual innovation. The Node2Vec authors closely followed the steps 1-5 including bonus points on step 5 by getting word2vec name recognition. This is not academic fraud -- the hyperparameters [do help a tiny bit][32] if you gridsearch really hard. But it's the presentable-to-your-parents sister of where you make the ML community worse off to progress your academic career. And certainly Node2Vec doesn't deserve 7500 citations. Progress is all about practical issues We've known how to train neural networks for well over 40 years. Yet they only exploded in popularity with [AlexNet][33] in 2012. This is because implementations and hardware came to a point where deep learning was practical. Similarly, we've known about factoring word co-occurence matrices into Word embeddings for at least 20 years. But word embeddings only exploded in 2013 with Word2Vec. The breakthrough here was that the minibatch-based methods let you train a Wikipedia-scale embedding model on commodity hardware. It's hard for methods in a field to make progress if training on a small amount of data takes days or weeks. You're disincentivized to explore new methods. If you want progress, your stuff has to run in reasonable time on commodity hardware. Even Google's original search algorithm [initially ran on commodity hardware][34]. Efficiency is paramount to progress The reason deep learning research took off the way it did is because of improvements in [efficiency][35] as well as much better libraries and hardware support. Academic code is terrible Any amount of time you spend gridsearching Node2Vec on p and q is all put to better use gridsearching Deepwalk itself (on number of walks, length of walks, or word2vec hyperparameters). The problem is that people don't gridsearch over deepwalk because implementations are all terrible. I wrote the [Nodevectors library][36] to have a fast deepwalk implementation because it took 32 hours to embed a graph with a measly 150,000 nodes using the reference Node2Vec implementation (the same takes 3min with Nodevectors). It's no wonder people don't gridsearch on Deepwalk a gridsearch would take weeks with the terrible reference implementations. To give an example, in the original paper of [GraphSAGE][37] they their algorithm to DeepWalk with walk lengths of 5, which is horrid if you've ever hyperparameter tuned a deepwalk algorithm. From their paper: We did observe DeepWalk’s performance could improve with further training, and in some cases it could become competitive with the unsupervised GraphSAGE approaches (but not the supervised approaches) if we let it run for >1000× longer than the other approaches (in terms of wall clock time for prediction on the test set) I don't even think the GraphSAGE authors had bad intent -- deepwalk implementations are simply so awful that they're turned away from using it properly. It's like trying to do deep learning with 2002 deep learning libraries and hardware. Your architectures don't really matter One of the more important papers this year was [OpenAI's "Scaling laws"][38] paper, where the raw number of parameters in your model is the most predictive feature of overall performance. This was noted even in the original BERT paper and drives 2020's increase in absolutely massive language models. This is really just [Sutton' Bitter Lesson][39] in action: General methods that leverage computation are ultimately the most effective, and by a large margin Transformers might be [replacing convolution][40], too. As [Yannic Kilcher said][41], transformers are ruining everything. [They work on graphs][6], in fact it's one of the [recent approaches][42], and seems to be one of the more succesful [when benchmarked][1] Researchers seem to be putting so much effort into architecture, but it doesn't matter much in the end because you can approximate anything by stacking more layers. Efficiency wins are great -- but neural net architectures are just one way to achieve that, and by tremendously over-researching this area we're leaving a lot of huge gains elsewhere on the table. Current Graph Data Structure Implementations suck NetworkX is a bad library. I mean, it's good if you're working on tiny graphs for babies, but for anything serious it chokes and forces you to rewrite everything in... what library, really? At this point most people working on large graphs end up hand-rolling some data structure. This is tough because your computer's memory is a 1-dimensional array of 1's and 0's and a graph has no obvious 1-d mapping. This is even harder when we take updating the graph (adding/removing some nodes/edges) into account. Here's a few options: Disconnected networks of pointers NetworkX is the best example. Here, every node is an object with a list of pointers to other nodes (the node's edges). This layout is like a linked list. Linked lists are the [root of all performance evil][43]. Linked lists go completely against how modern computers are designed. Fetching things from memory is slow, and operating on memory is fast (by two orders of magnitude). Whenever you do anything in this layout, you make a roundtrip to RAM. It's slow by design, you can write this in Ruby or C or assembly and it'll be slow regardless, because memory fetches are slow in hardware. The main advantage of this layout is that adding a new node is O(1). So if you're maintaining a massive graph where adding and removing nodes happens as often as reading from the graph, it makes sense. Another advantage of this layout is that it "scales". Because everything is decoupled from each other you can put this data structure on a cluster. However, you're really creating a complex solution for a problem you created for yourself. Sparse Adjacency Matrix This layout great for read-only graphs. I use it as the backend in my [nodevectors][25] library, and many other library writers use the [Scipy CSR Matrix][44], you can see graph algorithms implemented on it [here][45]. The most popular layout for this use is the [CSR Format][46] where you have 3 arrays holding the graph. One for edge destinations, one for edge weights and an "index pointer" which says which edges come from which node. Because the CSR layout is simply 3 arrays, it scales on a single computer: a CSR matrix can be laid out on a disk instead of in-memory. You simply [memory map][47] the 3 arrays and use them on-disk from there. With modern NVMe drives random seeks aren't slow anymore, much faster than distributed network calls like you do when scaling the linked list-based graph. I haven't seen anyone actually implement this yet, but it's in the roadmap for my implementation at least. The problem with this representation is that adding a node or edge means rebuilding the whole data structure. Edgelist representations This representation is three arrays: one for the edge sources, one for the edge destinations, and one for edge weights. [DGL][48] uses this representation internally. This is a simple and compact layout which can be good for analysis. The problem compared to CSR Graphs is some seek operations are slower. Say you want all the edges for node #4243. You can't jump there without maintaining an index pointer array. So either you maintain sorted order and binary search your way there (O(log2n)) or unsorted order and linear search (O(n)). This data structure can also work on memory mapped disk array, and node append is fast on unsorted versions (it's slow in the sorted version). Global methods are a dead end Methods that work on the entire graph at once can't leverage computation, because they run out of RAM at a certain scale. So any method that want a chance of being the new standard need to be able to update piecemeal on parts of the graph. Sampling-based methods Sampling Efficiency will matter more in the future Edgewise local methods. The only algorithms I know of that do this are GloVe and GGVec, which they pass through an edge list and update embedding weights on each step. The problem with this approach is that it's hard to use them for higher-order methods. The advantage is that they easily scale even on one computer. Also, incrementally adding a new node is as simple as taking the existing embeddings, adding a new one, and doing another epoch over the data Random Walk sampling. This is used by deepwalk and its descendants, usually for node embeddings rather than GNN methods. This can be computationally expensive and make it hard to add new nodes. But this does scale, for instance [Instagram][49] use it to feed their recommendation system models Neighbourhood sampling. This is currently the most common one in GNNs, and can be low or higher order depending on the neighborhood size. It also scales well, though implementing efficiently can be challenging. It's currently used by [Pinterest][50]'s recommendation algorithms. Conclusion Here are a few interesting questions: What is the relation between graph types and methods? Consolidated benchmarking like OGB We're throwing random models at random benchmarks without understanding why or when they do better More fundamental research. Heree's one I'm curious about: can other representation types like [Poincarre Embeddings][51] effectively encode directed relationships? On the other hand, we should stop focusing on adding spicy new layers to test on the same tiny datasets. No one cares. [1]: https://arxiv.org/pdf/2003.00982.pdf [2]: https://arxiv.org/pdf/2002.11867.pdf [3]: https://arxiv.org/pdf/1812.08434.pdf [4]: https://arxiv.org/pdf/2005.00687.pdf [5]: https://en.wikipedia.org/wiki/Adjacency_matrix [6]: https://thegradient.pub/transformers-are-graph-neural-networks/ [7]: https://en.wikipedia.org/wiki/Word2vec [8]: https://nlp.stanford.edu/pubs/glove.pdf [9]: https://papers.nips.cc/paper/2014/file/feab05aa91085b7a8012516bc3533958-Paper.pdf [10]: https://en.wikipedia.org/wiki/Bag-of-words_model [11]: https://en.wikipedia.org/wiki/Co-occurrence [12]: https://www.singlelunch.com/2020/02/16/embeddings-from-the-ground-up/ [13]: https://www.singlelunch.com/2019/01/27/word-embeddings-from-the-ground-up/ [14]: https://nlpprogress.com/ [15]: http://socsci.uci.edu/~rfutrell/papers/hahn2019estimating.pdf [16]: https://en.wikipedia.org/wiki/Kolmogorov_complexity [17]: https://bair.berkeley.edu/blog/2020/12/20/lmmem/ [18]: https://en.wikipedia.org/wiki/Laplacian_matrix [19]: http://citeseerx.ist.psu.edu/viewdoc/download;jsessionid=1F03130B02DC485C78BF364266B6F0CA?doi=10.1.1.19.8100&rep=rep1&type=pdf [20]: https://en.wikipedia.org/wiki/Principalcomponentanalysis [21]: https://www.ijcai.org/Proceedings/2019/0594.pdf [22]: https://dl.acm.org/doi/10.1145/2806416.2806512 [23]: https://openreview.net/pdf?id=SyK00v5xx [24]: https://github.com/VHRanger/nodevectors/blob/master/examples/link%20prediction.ipynb [25]: https://github.com/VHRanger/nodevectors [26]: https://arxiv.org/pdf/1310.2636.pdf [27]: http://byowen.com/ [28]: https://arxiv.org/pdf/1807.03341.pdf [29]: https://www.youtube.com/watch?v=Kee4ch3miVA [30]: https://cs.stanford.edu/~jure/pubs/node2vec-kdd16.pdf [31]: https://arxiv.org/pdf/1403.6652.pdf [32]: https://arxiv.org/pdf/1911.11726.pdf [33]: https://en.wikipedia.org/wiki/AlexNet [34]: https://en.wikipedia.org/wiki/Googledatacenters#Original_hardware [35]: https://openai.com/blog/ai-and-efficiency/ [36]: https://www.singlelunch.com/2019/08/01/700x-faster-node2vec-models-fastest-random-walks-on-a-graph/ [37]: https://arxiv.org/pdf/1706.02216.pdf [38]: https://arxiv.org/pdf/2001.08361.pdf [39]: http://incompleteideas.net/IncIdeas/BitterLesson.html [40]: https://arxiv.org/abs/2010.11929 [41]: https://www.youtube.com/watch?v=TrdevFK_am4 [42]: https://arxiv.org/pdf/1710.10903.pdf [43]: https://www.youtube.com/watch?v=fHNmRkzxHWs [44]: https://docs.scipy.org/doc/scipy/reference/generated/scipy.sparse.csr_matrix.html [45]: https://docs.scipy.org/doc/scipy/reference/sparse.csgraph.html [46]: https://en.wikipedia.org/wiki/Sparsematrix#Compressedsparserow(CSR,CRSorYaleformat) [47]: https://en.wikipedia.org/wiki/Mmap [48]: https://github.com/dmlc/dgl [49]: https://ai.facebook.com/blog/powered-by-ai-instagrams-explore-recommender-system/ [50]: https://medium.com/pinterest-engineering/pinsage-a-new-graph-convolutional-neural-network-for-web-scale-recommender-systems-88795a107f48 [51]: https://arxiv.org/pdf/1705.08039.pdf

[D] The Rants of an experienced engineer who glimpsed into AI Academia (Briefly)

Background I recently graduated with a master's degree and was fortunate/unfortunate to glimpse the whole "Academic" side of ML. I took a thesis track in my degree because as an immigrant it's harder to get into a good research lab without having authorship in a couple of good papers (Or so I delude myself ). I worked as a Full-stack SWE for a startup for 4+ years before coming to the US for a master’s degree focused on ML and AI. I did everything in those years. From project management to building fully polished S/W products to DevOps to even dabbled in ML. I did my Batchelor’s degree from a university whose name is not even worth mentioning. The university for my master’s degree is in the top 20 in the AI space. I didn't know much about ML and the curiosity drove me to university. Come to uni and I focused on learning ML and AI for one 1-1.5 years after which I found advisors for a thesis topic. This is when the fun starts. I had the most amazing advisors but the entire peer review system and the way we assess ML/Science is what ticked me off. This is where the rant begins. Rant 1:Acadmia follows a Gated Institutional Narrative Let's say you are a Ph.D. at the world's top AI institution working under the best prof. You have a way higher likelihood of you getting a good Postdoc at a huge research lab vs someone's from my poor country doing a Ph.D. with a not-so-well-known advisor having published not-so-well-known papers. I come from a developing nation and I see this many times here. In my country academics don't get funding as they do at colleges in the US. One of the reasons for this is that colleges don't have such huge endowments and many academics don't have wealthy research sponsors. Brand names and prestige carry massive weight to help get funding in US academic circles. This prestige/money percolates down to the students and the researchers who work there. Students in top colleges get a huge advantage and the circles of top researchers keep being from the same sets of institutions. I have nothing against top researchers from top institutions but due to the nature of citations and the way the money flows based on them, a vicious cycle is created where the best institutions keep getting better and the rest don't get as much of a notice. Rant 2: Peer Review without Code Review in ML/AI is shady I am a computer scientist and I was appalled when I heard that you don't need to do code reviews for research papers. As a computer scientist and someone who actually did shit tons of actual ML in the past year, I find it absolutely garbage that code reviews are not a part of this system. I am not saying every scientist who reads a paper should review code but at least one person should for any paper's code submission. At least in ML and AI space. This is basic. I don't get why people call themselves computer scientists if they don't want to read the fucking code. If you can't then make a grad student do it. But for the collective of science, we need this. The core problem lies in the fact that peer review is free. : There should be better solutions for this. We ended up creating Git and that changed so many lives. Academic Research needs something similar. Rant 3: My Idea is Novel Until I see Someone Else's Paper The volume of scientific research is growing exponentially. Information is being created faster than we can digest. We can't expect people to know everything and the amount of overlap in the AI/ML fields requires way better search engines than Google Scholar. The side effect of large volumes of research is that every paper is doing something "novel" making it harder to filter what the fuck was novel. I have had so many experiences where I coded up something and came to realize that someone else has done something symbolically similar and my work just seems like a small variant of that. That's what fucks with my head. Is what I did in Novel? What the fuck is Novel? Is stitching up a transformer to any problem with fancy embeddings and tidying it up as a research paper Novel? Is just making a transformer bigger Novel? Is some new RL algorithm tested with 5 seeds and some fancy fucking prior and some esoteric reasoning for its success Novel? Is using an over parameterized model to get 95% accuracy on 200 sample test set Novel? Is apply Self-supervised learning for some new dataset Novel? If I keep on listing questions on novelty, I can probably write a novel asking about what the fuck is "Novel". Rant 4: Citation Based Optimization Promotes Self Growth Over Collective Growth Whatever people may say about collaboration, Academia intrinsically doesn't promote the right incentive structures to harbor collaboration. Let me explain, When you write a paper, the position of your name matters. If you are just a Ph.D. student and a first author to a paper, it's great. If you are an nth author Not so great. Apparently, this is a very touchy thing for academics. And lots of egos can clash around numbering and ordering of names. I distinctly remember once attending some seminar in a lab and approaching a few students on research project ideas. The first thing that came out of the PhD student's mouth was the position in authorship. As an engineer who worked with teams in the past, this was never something I had thought about. Especially because I worked in industry, where it's always the group over the person. Academia is the reverse. Academia applauds the celebration of the individual's achievements. All of this is understandable but it's something I don't like. This makes PhDs stick to their lane. The way citations/research-focus calibrate the "hire-ability" and "completion of Ph.D. thesis" metrics, people are incentivized to think about themselves instead of thinking about collaborations for making something better. Conclusion A Ph.D. in its most idealistic sense for me is the pursuit of hard ideas(I am poetic that way). In a situation like now when you have to publish or perish and words on paper get passed off as science without even seeing the code that runs it, I am extremely discouraged to go down that route. All these rants are not to diss on scientists. I did them because "we" as a community need better ways to addressing some of these problems. P.S. Never expected so many people to express their opinions about this rant. U shouldn’t take this seriously. As many people have stated I am an outsider with tiny experience to give a full picture. I realize that my post as coming out as something which tries to dichotomize academia and industry. I am not trying to do that. I wanted to highlight some problems I saw for which there is no one person to blame. These issues are in my opinion a byproduct of the economics which created this system. Thank you for gold stranger.

[N] Netflix and European Space Agency no longer working with Siraj Raval

According to article in The Register: A Netflix spokesperson confirmed to The Register it wasn’t working with Raval, and the ESA has cancelled the whole workshop altogether. “The situation is as it is. The workshop is cancelled, and that’s all,” Guillaume Belanger, an astrophysicist and the INTEGRAL Science Operations Coordinator at the ESA, told The Register on Monday. Raval isn’t about to quit his work any time soon, however. He promised students who graduated from his course that they would be referred to recruiters at Nvidia, Intel, Google and Amazon for engineering positions, or matched with a startup co-founder or a consulting client. In an unlisted YouTube video recorded live for his students discussing week eight of his course, and seen by El Reg, he read out a question posed to him: “Will your referrals hold any value now?” “Um, yeah they’re going to hold value. I don’t see why they wouldn’t. I mean, yes, some people on Twitter were angry but that has nothing to do with… I mean… I’ve also had tons of support, you know. I’ve had tons of support from people, who, uh, you know, support me, who work at these companies. He continues to justify his actions: “Public figures called me in private to remind me that this happens. You know, people make mistakes. You just have to keep going. They’re basically just telling me to not to stop. Of course, you make mistakes but you just keep going,” he claimed. When The Register asked Raval for comment, he responded: I've hardly taken any time off to relax since I first started my YouTube channel almost four years ago. And despite the enormous amount of work it takes to release two high quality videos a week for my audience, I progressively started to take on multiple other projects simultaneously by myself – a book, a docu-series, podcasts, YouTube videos, the course, the school of AI. Basically, these past few weeks, I've been experiencing a burnout unlike anything I've felt before. As a result, all of my output has been subpar. I made the [neural qubits] video and paper in one week. I remember wishing I had three to six months to really dive into quantum machine-learning and make something awesome, but telling myself I couldn't take that long as it would hinder my other projects. I plagiarized large chunks of the paper to meet my self-imposed one-week deadline. The associated video with animations took a lot more work to make. I didn't expect the paper to be cited as serious research, I considered it an additional reading resource for people who enjoyed the associated video to learn more about quantum machine learning. If I had a second chance, I'd definitely take way more time to write the paper, and in my own words. I've given refunds to every student who's asked so far, and the majority of students are still enrolled in the course. There are many happy students, they're just not as vocal on social media. We're on week 8 of 10 of my course, fully committed to student success. “And, no, I haven't plagiarized research for any other paper,” he added. https://www.theregister.co.uk/2019/10/14/ravelaiyoutube/

[P] Bulk AI Text Generation (No/Low code)

https://textgenerator.app.nz/bulk-text-generator You can upload a CSV and get lots of Text Generated, works in many languages and code too. There's also an API. The main selling points (VS OpenAI who is the main competitor) Works faster Currie/Babbage quality, but also works across languages/code without needing to specify what model Massively cheaper pricing/huge cost savings :) easier to control can specify max\_sentences to make it generate up to a specific number of sentences) can specify min\_probability to make it generate the next few likely words to do autocomplete for code/writing I originally created https://textgenerator.app.nz/ as a API for developers primarily but the bulk generator now allows non technical types to pre generate a lot of variety too/branching stories/games/marketing content/code/summaries/ etc. There's actually a massive amount of use cases that one will never be able to understand which is exciting too.

[D] Overwhelmed by fast advances in recent weeks

I was watching the GTC keynote and became entirely overwhelmed by the amount of progress achieved from last year. I'm wondering how everyone else feels. ​ Firstly, the entire ChatGPT, GPT-3/GPT-4 chaos has been going on for a few weeks, with everyone scrambling left and right to integrate chatbots into their apps, products, websites. Twitter is flooded with new product ideas, how to speed up the process from idea to product, countless promp engineering blogs, tips, tricks, paid courses. ​ Not only was ChatGPT disruptive, but a few days later, Microsoft and Google also released their models and integrated them into their search engines. Microsoft also integrated its LLM into its Office suite. It all happenned overnight. I understand that they've started integrating them along the way, but still, it seems like it hapenned way too fast. This tweet encompases the past few weeks perfectly https://twitter.com/AlphaSignalAI/status/1638235815137386508 , on a random Tuesday countless products are released that seem revolutionary. ​ In addition to the language models, there are also the generative art models that have been slowly rising in mainstream recognition. Now Midjourney AI is known by a lot of people who are not even remotely connected to the AI space. ​ For the past few weeks, reading Twitter, I've felt completely overwhelmed, as if the entire AI space is moving beyond at lightning speed, whilst around me we're just slowly training models, adding some data, and not seeing much improvement, being stuck on coming up with "new ideas, that set us apart". ​ Watching the GTC keynote from NVIDIA I was again, completely overwhelmed by how much is being developed throughout all the different domains. The ASML EUV (microchip making system) was incredible, I have no idea how it does lithography and to me it still seems like magic. The Grace CPU with 2 dies (although I think Apple was the first to do it?) and 100 GB RAM, all in a small form factor. There were a lot more different hardware servers that I just blanked out at some point. The omniverse sim engine looks incredible, almost real life (I wonder how much of a domain shift there is between real and sim considering how real the sim looks). Beyond it being cool and usable to train on synthetic data, the car manufacturers use it to optimize their pipelines. This change in perspective, of using these tools for other goals than those they were designed for I find the most interesting. ​ The hardware part may be old news, as I don't really follow it, however the software part is just as incredible. NVIDIA AI foundations (language, image, biology models), just packaging everything together like a sandwich. Getty, Shutterstock and Adobe will use the generative models to create images. Again, already these huge juggernauts are already integrated. ​ I can't believe the point where we're at. We can use AI to write code, create art, create audiobooks using Britney Spear's voice, create an interactive chatbot to converse with books, create 3D real-time avatars, generate new proteins (?i'm lost on this one), create an anime and countless other scenarios. Sure, they're not perfect, but the fact that we can do all that in the first place is amazing. ​ As Huang said in his keynote, companies want to develop "disruptive products and business models". I feel like this is what I've seen lately. Everyone wants to be the one that does something first, just throwing anything and everything at the wall and seeing what sticks. ​ In conclusion, I'm feeling like the world is moving so fast around me whilst I'm standing still. I want to not read anything anymore and just wait until everything dies down abit, just so I can get my bearings. However, I think this is unfeasible. I fear we'll keep going in a frenzy until we just burn ourselves at some point. ​ How are you all fairing? How do you feel about this frenzy in the AI space? What are you the most excited about?

[N] How Stability AI’s Founder Tanked His Billion-Dollar Startup

forbes article: https://www.forbes.com/sites/kenrickcai/2024/03/29/how-stability-ais-founder-tanked-his-billion-dollar-startup/ archive no paywall: https://archive.is/snbeV How Stability AI’s Founder Tanked His Billion-Dollar Startup Mar 29, 2024 Stability AI founder Emad Mostaque took the stage last week at the Terranea Resort in Palos Verdes, California to roaring applause and an introduction from an AI-generated Aristotle who announced him as “a modern Prometheus” with “the astuteness of Athena and the vision of Daedalus.” “Under his stewardship, AI becomes the Herculean force poised to vanquish the twin serpents of illness and ailment and extend the olive branch of longevity,” the faux Aristotle proclaimed. “I think that’s the best intro I’ve ever had,” Mostaque said. But behind Mostaque's hagiographic introduction lay a grim and fast metastasizing truth. Stability, once one of AI’s buzziest startups, was floundering. It had been running out of money for months and Mostaque had been unable to secure enough additional funding. It had defaulted on payments to Amazon whose cloud service undergirded Stability’s core offerings. The star research team behind its flagship text-to-image generator Stable Diffusion had tendered their resignations just three days before — as Forbes would first report — and other senior leaders had issued him an ultimatum: resign, or we walk too. Still, onstage before a massive audience of peers and acolytes, Mostaque talked a big game. “AI is jet planes for the mind,” he opined. “AI is our collective intelligence. It's the human Colossus.” He claimed a new, faster version of the Stable Diffusion image generator released earlier this month could generate “200 cats with hats per second.” But later, when he was asked about Stability’s financial model, Mostaque fumbled. “I can’t say that publicly,” he replied. “But it’s going well. We’re ahead of forecast.” Four days later, Mostaque stepped down as CEO of Stability, as Forbes first reported. In a post to X, the service formerly known as Twitter, he claimed he’d voluntarily abdicated his role to decentralize “the concentration of power in AI.” But sources told Forbes that was hardly the case. Behind the scenes, Mostaque had fought to maintain his position and control despite mounting pressure externally and internally to step down. Company documents and interviews with 32 current and former employees, investors, collaborators and industry observers suggest his abrupt exit was the result of poor business judgment and wild overspending that undermined confidence in his vision and leadership, and ultimately kneecapped the company. Mostaque, through his attorneys, declined to comment on record on a detailed list of questions about the reporting in this story. But in an email to Forbes earlier this week he broadly disputed the allegations. “Nobody tells you how hard it is to be a CEO and there are better CEOs than me to scale a business,” he said in a statement. “I am not sure anyone else would have been able to build and grow the research team to build the best and most widely used models out there and I’m very proud of the team there. I look forward to moving onto the next problem to handle and hopefully move the needle.” In an emailed statement, Christian Laforte and Shan Shan Wong, the interim co-CEOs who replaced Mostaque, said, "the company remains focused on commercializing its world leading technology” and providing it “to partners across the creative industries." After starting Stability in 2019, Mostaque built the company into an early AI juggernaut by seizing upon a promising research project that would become Stable Diffusion and funding it into a business reality. The ease with which the software generated detailed images from the simplest text prompts immediately captivated the public: 10 million people used it on any given day, the company told Forbes in early 2023. For some true believers, Mostaque was a crucial advocate for open-source AI development in a space dominated by the closed systems of OpenAI, Google and Anthropic. But his startup’s rise to one of the buzziest in generative AI was in part built on a series of exaggerations and misleading claims, as Forbes first reported last year (Mostaque disputed some points at the time). And they continued after he raised $100 million at a $1 billion valuation just days after launching Stable Diffusion in 2022. His failure to deliver on an array of grand promises, like building bespoke AI models for nation states, and his decision to pour tens of millions into research without a sustainable business plan, eroded Stability’s foundations and jeopardized its future. "He was just giving shit away,” one former employee told Forbes. “That man legitimately wanted to transform the world. He actually wanted to train AI models for kids in Malawi. Was it practical? Absolutely not." By October 2023, Stability would have less than $4 million left in the bank, according to an internal memo prepared for a board meeting and reviewed by Forbes. And mounting debt, including months of overdue Amazon Web Services payments, had already left it in the red. To avoid legal penalties for skipping Americans staff’s payroll, the document explained, the London-based startup was considering delaying tax payments to the U.K. government. It was Stability’s armada of GPUs, the wildly powerful and equally expensive chips undergirding AI, that were so taxing the company’s finances. Hosted by AWS, they had long been one of Mostaque’s bragging points; he often touted them as one of the world’s 10 largest supercomputers. They were responsible for helping Stability’s researchers build and maintain one of the top AI image generators, as well as break important new ground on generative audio, video and 3D models. “Undeniably, Stability has continued to ship a lot of models,” said one former employee. “They may not have profited off of it, but the broader ecosystem benefitted in a huge, huge way.” But the costs associated with so much compute were now threatening to sink the company. According to an internal October financial forecast seen by Forbes, Stability was on track to spend $99 million on compute in 2023. It noted as well that Stability was “underpaying AWS bills for July (by $1M)” and “not planning to pay AWS at the end of October for August usage ($7M).” Then there were the September and October bills, plus $1 million owed to Google Cloud and $600,000 to GPU cloud data center CoreWeave. (Amazon, Google and CoreWeave declined to comment.) With an additional $54 million allocated to wages and operating expenses, Stability’s total projected costs for 2023 were $153 million. But according to its October financial report, its projected revenue for the calendar year was just $11 million. Stability was on track to lose more money per month than it made in an entire year. The company’s dire financial position had thoroughly soured Stability’s current investors, including Coatue, which had invested tens of millions in the company during its $101 million funding round in 2022. In the middle of 2023, Mostaque agreed to an independent audit after Coatue raised a series of concerns, according to a source with direct knowledge of the matter. The outcome of the investigation is unclear. Coatue declined to comment. Within a week of an early October board meeting where Mostaque shared that financial forecast, Lightspeed Venture Partners, another major investor, sent a letter to the board urging them to sell the company. The distressing numbers had “severely undermined” the firm’s confidence in Mostaque’s ability to lead the company. “In particular, we are surprised and deeply concerned by a cash position just now disclosed to us that is inconsistent with prior discussions on this topic,” Lightspeed’s general counsel Brett Nissenberg wrote in the letter, a copy of which was viewed by Forbes. “Lightspeed believes that the company is not likely financeable on terms that would assure the company’s long term sound financial position.” (Lightspeed declined a request for comment.) The calls for a sale led Stability to quietly begin looking for a buyer. Bloomberg reported in November that Stability approached AI startups Cohere and Jasper to gauge their interest. Stability denied this, and Jasper CEO Timothy Young did the same when reached for comment by Forbes. A Cohere representative declined to comment. But one prominent AI company confirmed that Mostaque’s representatives had reached out to them to test the waters. Those talks did not advance because “the numbers didn’t add up,” this person, who declined to be named due to the confidential nature of the talks, told Forbes. Stability also tried to court Samsung as a buyer, going so far as to redecorate its office in advance of a planned meeting with the Korean electronics giant. (Samsung said that it invested in Stability in 2023 and that it does not comment on M&A discussions.) Coatue had been calling for Mostaque’s resignation for months, according to a source with direct knowledge. But it and other investors were unable to oust him because he was the company’s majority shareholder. When they tried a different tact by rallying other investors to offer him a juicy equity package to resign, Mostaque refused, said two sources. By October, Coatue and Lightspeed had had enough. Coatue left the board and Lightspeed resigned its observer seat. “Emad infuriated our initial investors so much it’s just making it impossible for us to raise more money under acceptable terms,” one current Stability executive told Forbes. The early months of 2024 saw Stability’s already precarious position eroding further still. Employees were quietly laid off. Three people in a position to know estimated that at least 10% of staff were cut. And cash reserves continued to dwindle. Mostaque mentioned a lifeline at the October board meeting: $95 million in tentative funding from new investors, pending due diligence. But in the end, only a fraction of it was wired, two sources say, much of it from Intel, which Forbes has learned invested $20 million, a fraction of what was reported. (Intel did not return a request for comment by publication time.) Two hours after Forbes broke the news of Mostaque’s plans to step down as CEO, Stability issued a press release confirming his resignation. Chief operating officer Wong and chief technology officer Laforte have taken over in the interim. Mostaque, who said on X that he still owns a majority of the company, also stepped down from the board, which has now initiated a search for a permanent CEO. There is a lot of work to be done to turn things around, and very little time in which to do it. Said the current Stability executive, “There’s still a possibility of a turnaround story, but the odds drop by the day.” In July of 2023, Mostaque still thought he could pull it off. Halfway through the month, he shared a fundraising plan with his lieutenants. It was wildly optimistic, detailing the raise of $500 million in cash and another $750 million in computing facilities from marquee investors like Nvidia, Google, Intel and the World Bank (Nvidia and Google declined comment. Intel did not respond. The World Bank said it did not invest in Stability). In a Slack message reviewed by Forbes, Mostaque said Google was “willing to move fast” and the round was “likely to be oversubscribed.” It wasn’t. Three people with direct knowledge of these fundraising efforts told Forbes that while there was some interest in Stability, talks often stalled when it came time to disclose financials. Two of them noted that earlier in the year, Mostaque had simply stopped engaging with VCs who asked for numbers. Only one firm invested around that time: actor Ashton Kutcher’s Sound Ventures, which invested $35 million in the form of a convertible SAFE note during the second quarter, according to an internal document. (Sound Ventures did not respond to a request for comment.) And though he’d managed to score a meeting with Nvidia and its CEO Jensen Huang, it ended in disaster, according to two sources. “Under Jensen's microscopic questions, Emad just fell apart,” a source in position to know told Forbes. Huang quickly concluded Stability wasn’t ready for an investment from Nvidia, the sources said. Mostaque told Forbes in an email that he had not met with Huang since 2022, except to say “hello and what’s up a few times after.” His July 2023 message references a plan to raise $150 million from Nvidia. (Nvidia declined to comment.) After a June Forbes investigation citing more than 30 sources revealed Mostaque’s history of misleading claims, Mostaque struggled to raise funding, a Stability investor told Forbes. (Mostaque disputed the story at the time and called it "coordinated lies" in his email this week to Forbes). Increasingly, investors scrutinized his assertions and pressed for data. And Young, now the CEO of Jasper, turned down a verbal offer to be Stability’s president after reading the article, according to a source with direct knowledge of the matter. The collapse of the talks aggravated the board and other executives, who had hoped Young would compensate for the sales and business management skills that Mostaque lacked, according to four people in a position to know. (Young declined to comment.) When Stability’s senior leadership convened in London for the CogX conference in September, the financing had still not closed. There, a group of executives confronted Mostaque asking questions about the company’s cash position and runway, according to three people with direct knowledge of the incident. They did not get the clarity they’d hoped for. By October, Mostaque had reduced his fundraising target by more than 80%. The months that followed saw a steady drumbeat of departures — general counsel Adam Avrunin, vice presidents Mike Melnicki, Ed Newton-Rex and Joe Penna, chief people officer Ozden Onder — culminating in the demoralizing March exit of Stable Diffusion’s primary developers Robin Rombach, Andreas Blattmann, Patrick Esser and Dominik Lorenz. Rombach, who led the team, had been angling to leave for months, two sources said, first threatening to resign last summer because of the fundraising failures. Others left over concerns about cash flow, as well as liabilities — including what four people described as Mostaque’s lax approach to ensuring that Stability products could not be used to produce child sexual abuse imagery. “Stability AI is committed to preventing the misuse of AI and prohibits the use of our image models and services for unlawful activity, including attempts to edit or create CSAM,” Ella Irwin, senior vice president of integrity, said in a statement. Newton-Rex told Forbes he resigned because he disagreed with Stability’s position that training AI on copyrighted work without consent is fair use. Melnicki and Penna declined to comment. Avrunin and Onder could not be reached for comment. None of the researchers responded to requests for comment. The Stable Diffusion researchers’ departure as a cohort says a lot about the state of Stability AI. The company’s researchers were widely viewed as its crown jewels, their work subsidized with a firehose of pricey compute power that was even extended to people outside the company. Martino Russi, an artificial intelligence researcher, told Forbes that though he was never formally employed by Stability, the company provided him a “staggering” amount of compute between January and April 2023 to play around with developing an AI video generator that Stability might someday use. “It was Candy Land or Coney Island,” said Russi, who estimates that his experiment, which was ultimately shelved, cost the company $2.5 million. Stable Diffusion was simultaneously Stability’s marquee product and its existential cash crisis. One current employee described it to Forbes as “a giant vacuum that absorbed everything: money, compute, people.” While the software was widely used, with Mostaque claiming downloads reaching into the hundreds of millions, Stability struggled to translate that wild success into revenue. Mostaque knew it could be done — peers at Databricks, Elastic and MongoDB had all turned a free product into a lucrative business — he just couldn’t figure out how. His first attempt was Stability’s API, which allowed paying customers to integrate Stable Diffusion into their own products. In early 2023, a handful of small companies, like art generator app NightCafe and presentation software startup Tome, signed on, according to four people with knowledge of the deals. But Stability’s poor account management services soured many, and in a matter of months NightCafe and Tome canceled their contracts, three people said. NightCafe founder Angus Russell told Forbes that his company switched to a competitor which “offered much cheaper inference costs and a broader service.” Tome did not respond to a request for comment. Meanwhile, Mostaque’s efforts to court larger companies like Samsung and Snapchat were failing, according to five people familiar with the effort. Canva, which was already one of the heaviest users of open-sourced Stable Diffusion, had multiple discussions with Stability, which was angling for a contract it hoped would generate several millions in annual revenue. But the deal never materialized, four sources said. “These three companies wanted and needed us,” one former employee told Forbes. “They would have been the perfect customers.” (Samsung, Snap and Canva declined to comment.) “It’s not that there was not an appetite to pay Stability — there were tons of companies that would have that wanted to,” the former employee said. “There was a huge opportunity and demand, but just a resistance to execution.” Mostaque’s other big idea was to provide governments with bespoke national AI models that would invigorate their economies and citizenry. “Emad envisions a world where AI through 100 national models serves not as a tool of the few, but as a benefactor to all promising to confront great adversaries, cancer, autism, and the sands of time itself,” the AI avatar of Aristotle said in his intro at the conference. Mostaque told several prospective customers that he could deliver such models within 60 days — an untenable timeline, according to two people in position to know. Stability attempted to develop a model for the Singaporean government over the protestation of employees who questioned its technical feasibility, three sources familiar with the effort told Forbes. But it couldn’t pull it off and Singapore never became a customer. (The government of Singapore confirmed it did not enter into a deal with Stability, but declined to answer additional questions.) As Stability careened from one new business idea to another, resources were abruptly reallocated and researchers reassigned. The whiplash shifts in a largely siloed organization demoralized and infuriated employees. “There were ‘urgent’ things, ‘urgent urgent’ things and ‘most urgent,’” one former employee complained. “None of these things seem important if everything is important.” Another former Stability executive was far more pointed in their assessment. “Emad is the most disorganized leader I have ever worked with in my career,” this person told Forbes. “He has no vision, and changes directions every week, often based on what he sees on Twitter.” In a video interview posted shortly before this story was published, Mostaque explained his leadership style: “I'm particularly great at taking creatives, developers, researchers, others, and achieving their full potential in designing systems. But I should not be dealing with, you know, HR and operations and business development and other elements. There are far better people than me to do that.” By December 2023, Stability had partially abandoned its open-source roots and announced that any commercial use of Stable Diffusion would cost customers at least $20 per month (non-commercial and research use of Stable Diffusion would remain free). But privately, Stability was considering a potentially more lucrative source of revenue: reselling the compute it was leasing from providers like AWS, according to six people familiar with the effort. Though it was essentially GPU arbitrage, Stability framed the strategy to investors as a “managed services” offering. Its damning October financial report projected optimistically that such an offering would bring in $139 million in 2024 — 98% of its revenue. Multiple employees at the time told Forbes they feared reselling compute, even if the company called it “managed services,” would violate the terms of Stability’s contract with AWS. Amazon declined to comment. “The line internally was that we are not reselling compute,” one former employee said. “This was some of the dirtiest feeling stuff.” Stability also discussed reselling a cluster of Nvidia A100 chips, leased via CoreWeave, to the venture capital firm Andreessen Horowitz, three sources said. “It was under the guise of managed services, but there wasn’t any management happening,” one of these people told Forbes. Andreessen Horowitz and CoreWeave declined to comment. Stability did not respond to questions about if it plans to continue this strategy now that Mostaque is out of the picture. Regardless, interim co-CEOs Wong and Laforte are on a tight timeline to clean up his mess. Board chairman Jim O’Shaughnessy said in a statement that he was confident the pair “will adeptly steer the company forward in developing and commercializing industry-leading generative AI products.” But burn continues to far outpace revenue. The Financial Times reported Friday that the company made $5.4 million of revenue in February, against $8 million in costs. Several sources said there are ongoing concerns about making payroll for the roughly 150 remaining employees. Leadership roles have gone vacant for months amid the disarray, leaving the company increasingly directionless. Meanwhile, a potentially catastrophic legal threat looms over the company: A trio of copyright infringement lawsuits brought by Getty Images and a group of artists in the U.S. and U.K., who claim Stability illegally used their art and photography to train the AI models powering Stable Diffusion. A London-based court has already rejected the company’s bid to throw out one of the lawsuits on the basis that none of its researchers were based in the U.K. And Stability’s claim that Getty’s Delaware lawsuit should be blocked because it's a U.K.-based company was rejected. (Stability did not respond to questions about the litigation.) AI-related copyright litigation “could go on for years,” according to Eric Goldman, a law professor at Santa Clara University. He told Forbes that though plaintiffs suing AI firms face an uphill battle overcoming the existing legal precedent on copyright infringement, the quantity of arguments available to make are virtually inexhaustible. “Like in military theory, if there’s a gap in your lines, that’s where the enemy pours through — if any one of those arguments succeeds, it could completely change the generative AI environment,” he said. “In some sense, generative AI as an industry has to win everything.” Stability, which had more than $100 million in the bank just a year and a half ago, is in a deep hole. Not only does it need more funding, it needs a viable business model — or a buyer with the vision and chops to make it successful in a fast-moving and highly competitive sector. At an all hands meeting this past Monday, Stability’s new leaders detailed a path forward. One point of emphasis: a plan to better manage resources and expenses, according to one person in attendance. It’s a start, but Mostaque’s meddling has left them with little runway to execute. His resignation, though, has given some employees hope. “A few people are 100% going to reconsider leaving after today,” said one current employee. “And the weird gloomy aura of hearing Emad talking nonsense for an hour is gone.” Shortly before Mostaque resigned, one current Stability executive told Forbes that they were optimistic his departure could make Stability appealing enough to receive a small investment or sale to a friendly party. “There are companies that have raised hundreds of millions of dollars that have much less intrinsic value than Stability,” the person said. “A white knight may still appear.”

[N] How Stability AI’s Founder Tanked His Billion-Dollar Startup

forbes article: https://www.forbes.com/sites/kenrickcai/2024/03/29/how-stability-ais-founder-tanked-his-billion-dollar-startup/ archive no paywall: https://archive.is/snbeV How Stability AI’s Founder Tanked His Billion-Dollar Startup Mar 29, 2024 Stability AI founder Emad Mostaque took the stage last week at the Terranea Resort in Palos Verdes, California to roaring applause and an introduction from an AI-generated Aristotle who announced him as “a modern Prometheus” with “the astuteness of Athena and the vision of Daedalus.” “Under his stewardship, AI becomes the Herculean force poised to vanquish the twin serpents of illness and ailment and extend the olive branch of longevity,” the faux Aristotle proclaimed. “I think that’s the best intro I’ve ever had,” Mostaque said. But behind Mostaque's hagiographic introduction lay a grim and fast metastasizing truth. Stability, once one of AI’s buzziest startups, was floundering. It had been running out of money for months and Mostaque had been unable to secure enough additional funding. It had defaulted on payments to Amazon whose cloud service undergirded Stability’s core offerings. The star research team behind its flagship text-to-image generator Stable Diffusion had tendered their resignations just three days before — as Forbes would first report — and other senior leaders had issued him an ultimatum: resign, or we walk too. Still, onstage before a massive audience of peers and acolytes, Mostaque talked a big game. “AI is jet planes for the mind,” he opined. “AI is our collective intelligence. It's the human Colossus.” He claimed a new, faster version of the Stable Diffusion image generator released earlier this month could generate “200 cats with hats per second.” But later, when he was asked about Stability’s financial model, Mostaque fumbled. “I can’t say that publicly,” he replied. “But it’s going well. We’re ahead of forecast.” Four days later, Mostaque stepped down as CEO of Stability, as Forbes first reported. In a post to X, the service formerly known as Twitter, he claimed he’d voluntarily abdicated his role to decentralize “the concentration of power in AI.” But sources told Forbes that was hardly the case. Behind the scenes, Mostaque had fought to maintain his position and control despite mounting pressure externally and internally to step down. Company documents and interviews with 32 current and former employees, investors, collaborators and industry observers suggest his abrupt exit was the result of poor business judgment and wild overspending that undermined confidence in his vision and leadership, and ultimately kneecapped the company. Mostaque, through his attorneys, declined to comment on record on a detailed list of questions about the reporting in this story. But in an email to Forbes earlier this week he broadly disputed the allegations. “Nobody tells you how hard it is to be a CEO and there are better CEOs than me to scale a business,” he said in a statement. “I am not sure anyone else would have been able to build and grow the research team to build the best and most widely used models out there and I’m very proud of the team there. I look forward to moving onto the next problem to handle and hopefully move the needle.” In an emailed statement, Christian Laforte and Shan Shan Wong, the interim co-CEOs who replaced Mostaque, said, "the company remains focused on commercializing its world leading technology” and providing it “to partners across the creative industries." After starting Stability in 2019, Mostaque built the company into an early AI juggernaut by seizing upon a promising research project that would become Stable Diffusion and funding it into a business reality. The ease with which the software generated detailed images from the simplest text prompts immediately captivated the public: 10 million people used it on any given day, the company told Forbes in early 2023. For some true believers, Mostaque was a crucial advocate for open-source AI development in a space dominated by the closed systems of OpenAI, Google and Anthropic. But his startup’s rise to one of the buzziest in generative AI was in part built on a series of exaggerations and misleading claims, as Forbes first reported last year (Mostaque disputed some points at the time). And they continued after he raised $100 million at a $1 billion valuation just days after launching Stable Diffusion in 2022. His failure to deliver on an array of grand promises, like building bespoke AI models for nation states, and his decision to pour tens of millions into research without a sustainable business plan, eroded Stability’s foundations and jeopardized its future. "He was just giving shit away,” one former employee told Forbes. “That man legitimately wanted to transform the world. He actually wanted to train AI models for kids in Malawi. Was it practical? Absolutely not." By October 2023, Stability would have less than $4 million left in the bank, according to an internal memo prepared for a board meeting and reviewed by Forbes. And mounting debt, including months of overdue Amazon Web Services payments, had already left it in the red. To avoid legal penalties for skipping Americans staff’s payroll, the document explained, the London-based startup was considering delaying tax payments to the U.K. government. It was Stability’s armada of GPUs, the wildly powerful and equally expensive chips undergirding AI, that were so taxing the company’s finances. Hosted by AWS, they had long been one of Mostaque’s bragging points; he often touted them as one of the world’s 10 largest supercomputers. They were responsible for helping Stability’s researchers build and maintain one of the top AI image generators, as well as break important new ground on generative audio, video and 3D models. “Undeniably, Stability has continued to ship a lot of models,” said one former employee. “They may not have profited off of it, but the broader ecosystem benefitted in a huge, huge way.” But the costs associated with so much compute were now threatening to sink the company. According to an internal October financial forecast seen by Forbes, Stability was on track to spend $99 million on compute in 2023. It noted as well that Stability was “underpaying AWS bills for July (by $1M)” and “not planning to pay AWS at the end of October for August usage ($7M).” Then there were the September and October bills, plus $1 million owed to Google Cloud and $600,000 to GPU cloud data center CoreWeave. (Amazon, Google and CoreWeave declined to comment.) With an additional $54 million allocated to wages and operating expenses, Stability’s total projected costs for 2023 were $153 million. But according to its October financial report, its projected revenue for the calendar year was just $11 million. Stability was on track to lose more money per month than it made in an entire year. The company’s dire financial position had thoroughly soured Stability’s current investors, including Coatue, which had invested tens of millions in the company during its $101 million funding round in 2022. In the middle of 2023, Mostaque agreed to an independent audit after Coatue raised a series of concerns, according to a source with direct knowledge of the matter. The outcome of the investigation is unclear. Coatue declined to comment. Within a week of an early October board meeting where Mostaque shared that financial forecast, Lightspeed Venture Partners, another major investor, sent a letter to the board urging them to sell the company. The distressing numbers had “severely undermined” the firm’s confidence in Mostaque’s ability to lead the company. “In particular, we are surprised and deeply concerned by a cash position just now disclosed to us that is inconsistent with prior discussions on this topic,” Lightspeed’s general counsel Brett Nissenberg wrote in the letter, a copy of which was viewed by Forbes. “Lightspeed believes that the company is not likely financeable on terms that would assure the company’s long term sound financial position.” (Lightspeed declined a request for comment.) The calls for a sale led Stability to quietly begin looking for a buyer. Bloomberg reported in November that Stability approached AI startups Cohere and Jasper to gauge their interest. Stability denied this, and Jasper CEO Timothy Young did the same when reached for comment by Forbes. A Cohere representative declined to comment. But one prominent AI company confirmed that Mostaque’s representatives had reached out to them to test the waters. Those talks did not advance because “the numbers didn’t add up,” this person, who declined to be named due to the confidential nature of the talks, told Forbes. Stability also tried to court Samsung as a buyer, going so far as to redecorate its office in advance of a planned meeting with the Korean electronics giant. (Samsung said that it invested in Stability in 2023 and that it does not comment on M&A discussions.) Coatue had been calling for Mostaque’s resignation for months, according to a source with direct knowledge. But it and other investors were unable to oust him because he was the company’s majority shareholder. When they tried a different tact by rallying other investors to offer him a juicy equity package to resign, Mostaque refused, said two sources. By October, Coatue and Lightspeed had had enough. Coatue left the board and Lightspeed resigned its observer seat. “Emad infuriated our initial investors so much it’s just making it impossible for us to raise more money under acceptable terms,” one current Stability executive told Forbes. The early months of 2024 saw Stability’s already precarious position eroding further still. Employees were quietly laid off. Three people in a position to know estimated that at least 10% of staff were cut. And cash reserves continued to dwindle. Mostaque mentioned a lifeline at the October board meeting: $95 million in tentative funding from new investors, pending due diligence. But in the end, only a fraction of it was wired, two sources say, much of it from Intel, which Forbes has learned invested $20 million, a fraction of what was reported. (Intel did not return a request for comment by publication time.) Two hours after Forbes broke the news of Mostaque’s plans to step down as CEO, Stability issued a press release confirming his resignation. Chief operating officer Wong and chief technology officer Laforte have taken over in the interim. Mostaque, who said on X that he still owns a majority of the company, also stepped down from the board, which has now initiated a search for a permanent CEO. There is a lot of work to be done to turn things around, and very little time in which to do it. Said the current Stability executive, “There’s still a possibility of a turnaround story, but the odds drop by the day.” In July of 2023, Mostaque still thought he could pull it off. Halfway through the month, he shared a fundraising plan with his lieutenants. It was wildly optimistic, detailing the raise of $500 million in cash and another $750 million in computing facilities from marquee investors like Nvidia, Google, Intel and the World Bank (Nvidia and Google declined comment. Intel did not respond. The World Bank said it did not invest in Stability). In a Slack message reviewed by Forbes, Mostaque said Google was “willing to move fast” and the round was “likely to be oversubscribed.” It wasn’t. Three people with direct knowledge of these fundraising efforts told Forbes that while there was some interest in Stability, talks often stalled when it came time to disclose financials. Two of them noted that earlier in the year, Mostaque had simply stopped engaging with VCs who asked for numbers. Only one firm invested around that time: actor Ashton Kutcher’s Sound Ventures, which invested $35 million in the form of a convertible SAFE note during the second quarter, according to an internal document. (Sound Ventures did not respond to a request for comment.) And though he’d managed to score a meeting with Nvidia and its CEO Jensen Huang, it ended in disaster, according to two sources. “Under Jensen's microscopic questions, Emad just fell apart,” a source in position to know told Forbes. Huang quickly concluded Stability wasn’t ready for an investment from Nvidia, the sources said. Mostaque told Forbes in an email that he had not met with Huang since 2022, except to say “hello and what’s up a few times after.” His July 2023 message references a plan to raise $150 million from Nvidia. (Nvidia declined to comment.) After a June Forbes investigation citing more than 30 sources revealed Mostaque’s history of misleading claims, Mostaque struggled to raise funding, a Stability investor told Forbes. (Mostaque disputed the story at the time and called it "coordinated lies" in his email this week to Forbes). Increasingly, investors scrutinized his assertions and pressed for data. And Young, now the CEO of Jasper, turned down a verbal offer to be Stability’s president after reading the article, according to a source with direct knowledge of the matter. The collapse of the talks aggravated the board and other executives, who had hoped Young would compensate for the sales and business management skills that Mostaque lacked, according to four people in a position to know. (Young declined to comment.) When Stability’s senior leadership convened in London for the CogX conference in September, the financing had still not closed. There, a group of executives confronted Mostaque asking questions about the company’s cash position and runway, according to three people with direct knowledge of the incident. They did not get the clarity they’d hoped for. By October, Mostaque had reduced his fundraising target by more than 80%. The months that followed saw a steady drumbeat of departures — general counsel Adam Avrunin, vice presidents Mike Melnicki, Ed Newton-Rex and Joe Penna, chief people officer Ozden Onder — culminating in the demoralizing March exit of Stable Diffusion’s primary developers Robin Rombach, Andreas Blattmann, Patrick Esser and Dominik Lorenz. Rombach, who led the team, had been angling to leave for months, two sources said, first threatening to resign last summer because of the fundraising failures. Others left over concerns about cash flow, as well as liabilities — including what four people described as Mostaque’s lax approach to ensuring that Stability products could not be used to produce child sexual abuse imagery. “Stability AI is committed to preventing the misuse of AI and prohibits the use of our image models and services for unlawful activity, including attempts to edit or create CSAM,” Ella Irwin, senior vice president of integrity, said in a statement. Newton-Rex told Forbes he resigned because he disagreed with Stability’s position that training AI on copyrighted work without consent is fair use. Melnicki and Penna declined to comment. Avrunin and Onder could not be reached for comment. None of the researchers responded to requests for comment. The Stable Diffusion researchers’ departure as a cohort says a lot about the state of Stability AI. The company’s researchers were widely viewed as its crown jewels, their work subsidized with a firehose of pricey compute power that was even extended to people outside the company. Martino Russi, an artificial intelligence researcher, told Forbes that though he was never formally employed by Stability, the company provided him a “staggering” amount of compute between January and April 2023 to play around with developing an AI video generator that Stability might someday use. “It was Candy Land or Coney Island,” said Russi, who estimates that his experiment, which was ultimately shelved, cost the company $2.5 million. Stable Diffusion was simultaneously Stability’s marquee product and its existential cash crisis. One current employee described it to Forbes as “a giant vacuum that absorbed everything: money, compute, people.” While the software was widely used, with Mostaque claiming downloads reaching into the hundreds of millions, Stability struggled to translate that wild success into revenue. Mostaque knew it could be done — peers at Databricks, Elastic and MongoDB had all turned a free product into a lucrative business — he just couldn’t figure out how. His first attempt was Stability’s API, which allowed paying customers to integrate Stable Diffusion into their own products. In early 2023, a handful of small companies, like art generator app NightCafe and presentation software startup Tome, signed on, according to four people with knowledge of the deals. But Stability’s poor account management services soured many, and in a matter of months NightCafe and Tome canceled their contracts, three people said. NightCafe founder Angus Russell told Forbes that his company switched to a competitor which “offered much cheaper inference costs and a broader service.” Tome did not respond to a request for comment. Meanwhile, Mostaque’s efforts to court larger companies like Samsung and Snapchat were failing, according to five people familiar with the effort. Canva, which was already one of the heaviest users of open-sourced Stable Diffusion, had multiple discussions with Stability, which was angling for a contract it hoped would generate several millions in annual revenue. But the deal never materialized, four sources said. “These three companies wanted and needed us,” one former employee told Forbes. “They would have been the perfect customers.” (Samsung, Snap and Canva declined to comment.) “It’s not that there was not an appetite to pay Stability — there were tons of companies that would have that wanted to,” the former employee said. “There was a huge opportunity and demand, but just a resistance to execution.” Mostaque’s other big idea was to provide governments with bespoke national AI models that would invigorate their economies and citizenry. “Emad envisions a world where AI through 100 national models serves not as a tool of the few, but as a benefactor to all promising to confront great adversaries, cancer, autism, and the sands of time itself,” the AI avatar of Aristotle said in his intro at the conference. Mostaque told several prospective customers that he could deliver such models within 60 days — an untenable timeline, according to two people in position to know. Stability attempted to develop a model for the Singaporean government over the protestation of employees who questioned its technical feasibility, three sources familiar with the effort told Forbes. But it couldn’t pull it off and Singapore never became a customer. (The government of Singapore confirmed it did not enter into a deal with Stability, but declined to answer additional questions.) As Stability careened from one new business idea to another, resources were abruptly reallocated and researchers reassigned. The whiplash shifts in a largely siloed organization demoralized and infuriated employees. “There were ‘urgent’ things, ‘urgent urgent’ things and ‘most urgent,’” one former employee complained. “None of these things seem important if everything is important.” Another former Stability executive was far more pointed in their assessment. “Emad is the most disorganized leader I have ever worked with in my career,” this person told Forbes. “He has no vision, and changes directions every week, often based on what he sees on Twitter.” In a video interview posted shortly before this story was published, Mostaque explained his leadership style: “I'm particularly great at taking creatives, developers, researchers, others, and achieving their full potential in designing systems. But I should not be dealing with, you know, HR and operations and business development and other elements. There are far better people than me to do that.” By December 2023, Stability had partially abandoned its open-source roots and announced that any commercial use of Stable Diffusion would cost customers at least $20 per month (non-commercial and research use of Stable Diffusion would remain free). But privately, Stability was considering a potentially more lucrative source of revenue: reselling the compute it was leasing from providers like AWS, according to six people familiar with the effort. Though it was essentially GPU arbitrage, Stability framed the strategy to investors as a “managed services” offering. Its damning October financial report projected optimistically that such an offering would bring in $139 million in 2024 — 98% of its revenue. Multiple employees at the time told Forbes they feared reselling compute, even if the company called it “managed services,” would violate the terms of Stability’s contract with AWS. Amazon declined to comment. “The line internally was that we are not reselling compute,” one former employee said. “This was some of the dirtiest feeling stuff.” Stability also discussed reselling a cluster of Nvidia A100 chips, leased via CoreWeave, to the venture capital firm Andreessen Horowitz, three sources said. “It was under the guise of managed services, but there wasn’t any management happening,” one of these people told Forbes. Andreessen Horowitz and CoreWeave declined to comment. Stability did not respond to questions about if it plans to continue this strategy now that Mostaque is out of the picture. Regardless, interim co-CEOs Wong and Laforte are on a tight timeline to clean up his mess. Board chairman Jim O’Shaughnessy said in a statement that he was confident the pair “will adeptly steer the company forward in developing and commercializing industry-leading generative AI products.” But burn continues to far outpace revenue. The Financial Times reported Friday that the company made $5.4 million of revenue in February, against $8 million in costs. Several sources said there are ongoing concerns about making payroll for the roughly 150 remaining employees. Leadership roles have gone vacant for months amid the disarray, leaving the company increasingly directionless. Meanwhile, a potentially catastrophic legal threat looms over the company: A trio of copyright infringement lawsuits brought by Getty Images and a group of artists in the U.S. and U.K., who claim Stability illegally used their art and photography to train the AI models powering Stable Diffusion. A London-based court has already rejected the company’s bid to throw out one of the lawsuits on the basis that none of its researchers were based in the U.K. And Stability’s claim that Getty’s Delaware lawsuit should be blocked because it's a U.K.-based company was rejected. (Stability did not respond to questions about the litigation.) AI-related copyright litigation “could go on for years,” according to Eric Goldman, a law professor at Santa Clara University. He told Forbes that though plaintiffs suing AI firms face an uphill battle overcoming the existing legal precedent on copyright infringement, the quantity of arguments available to make are virtually inexhaustible. “Like in military theory, if there’s a gap in your lines, that’s where the enemy pours through — if any one of those arguments succeeds, it could completely change the generative AI environment,” he said. “In some sense, generative AI as an industry has to win everything.” Stability, which had more than $100 million in the bank just a year and a half ago, is in a deep hole. Not only does it need more funding, it needs a viable business model — or a buyer with the vision and chops to make it successful in a fast-moving and highly competitive sector. At an all hands meeting this past Monday, Stability’s new leaders detailed a path forward. One point of emphasis: a plan to better manage resources and expenses, according to one person in attendance. It’s a start, but Mostaque’s meddling has left them with little runway to execute. His resignation, though, has given some employees hope. “A few people are 100% going to reconsider leaving after today,” said one current employee. “And the weird gloomy aura of hearing Emad talking nonsense for an hour is gone.” Shortly before Mostaque resigned, one current Stability executive told Forbes that they were optimistic his departure could make Stability appealing enough to receive a small investment or sale to a friendly party. “There are companies that have raised hundreds of millions of dollars that have much less intrinsic value than Stability,” the person said. “A white knight may still appear.”

[D] Playing big league at home on a budget?

I am a hobbyist and my Nvidia 660 is 10 years old and only has 2GB. Obviously that isn't going to cut it nowadays anymore. I am thinking about options here. I don't have thousands and thousands of dollars. And I highly doubt that spending close to a thousand dollars on a brand new card is still viable in 2020-2022. I wanted to use Wavenet today and then found out about Melnet. I mean, maybe I could run Wavenet but nobody in their right mind wants to after hearing Melnet results. On Github this one guy complained he couldn't get his implementation to work due to OOM with 2x 2080 RTX, which he bought solely for this purpose. Then on the other repo the guy casually mentioned that tier XY doesn't fit with some 10 year old lowfi dataset, even with batch size 1, on a 16GB Tesla P100. The wisdom for OOM has always been "decrease batch size". But as far as I can tell, for most of any of the interesting stuff in the last 8 years or so you simply can't decrease batch size. Either because batch sizes are already so tiny, or because the code is written in a way that would require you to somehow turn it inside out, probably involving extreme knowledge of higher mathematics. I am a hobbyist, not a researcher. I am happy if I crudely can grasp what is going on. Most of anything in the field suffers from exactly the same issue: It simply won't run without utterly absurd amounts of VRAM. So what about buying shitty cheapo AMD GPUs with lots of VRAM? This seems to be the sensible choice if you want to be able to run anything noteworthy at all that comes up in the next 2 years and maybe beyond. People say, don't but AMD its slow and it sucks, but those are apparently the same people that buy a 16GB Titan GPU for $1500 three times on Ebay without hesitation, when there are also 16GB AMD GPUs for $300. How much slower are AMD GPUs really? Let's say they are 5 times cheaper so they could be just 5 times slower. So I have to train my model over night instead of seeing the result in the afternoon. That would be totally awesome!; given that the alternative is to buy a $300 Nvidia GPU, which has maybe 4 or 6GB and simply can't run the code without running out of memory. And say $300 is not enough, let's buy a $700 RTX 3080. It still only has 10GB of VRAM not even 16GB. Then its just as useless! What's the point of buying a fast GPU if it can't even run the code? I don't know how much slower AMD GPUs really are. Maybe they are not 5x but 50x slower. Then of course training a model that was developed on some 64GB Tesla might take month and years. But maybe speed is not the issue, only memory. I have seen some stuff even being optimized for CPU, apparently because there weren't any big enough GPUs around. I don't really know how viable that can be (it seems rarely if ever it is), I have no experience. And what about renting AWS? Let's say, I am a beginner and I want to toy around for a week and probably max out 4 Teslas like 80% of the time without really getting anywhere. How expensive is that? $25, $50, $100, $500? (Found the answer: fucking $2000 https://aws.amazon.com/ec2/instance-types/p3/ ) Ok, so AWS is bullshit, here its 6x cheaper: https://vast.ai/console/create/ . They don't really have 4x 16GB V100 though, just one V100. $0.5 per hour 24 7 = $84 per month (there are more hidden cost like bandwidth, it doesn't seem to be huge but I never used this so don't take it at face value). On AWS the same is over $3 per hour. So a day is $12, this could be viable! (look at calculation below). There really isn't much info on the net about hardware requirements and performance for machine learning stuff. What bothers me the most is that people seem to be very ignorant of the VRAM issue. Either because they aren't looking ahead of what might come in 1-2 years. Or because they are simply so rich they have no issue spending thousands and thousands of dollars every year instead of just 500 every couple of years. Or maybe they are both. So, yeah, what are your thoughts? Here is what I found out just today: Until 2 years ago, tensorflow and pytorch wouldn't work with AMD cards, but this has changed. https://rocmdocs.amd.com/en/latest/Deep_learning/Deep-learning.html For older cards though, ROCm only works with certain CPUs: it needs PCIe 3.0 with atomics (see: https://github.com/RadeonOpenCompute/ROCm ). So you can't simply buy any 16GB card for $300 on Ebay like I suggested, even if it supports ROCm, because it will only work for "newer" PCs. The newer GFX9 AMD cards (like Radeon VII and Vega) don't suffer from this problem and work with PCIe 2.0 again... Although I have seen 16GB Vega cards for like $350 on Ebay, I think that is a pretty rare catch. However looking 1-2 years in the future, this is great because Radeon VII prices will be hugely inflated by Nvidia 3000 series hype (maybe down to $180 even) and maybe the next gen cards from AMD even have 24 or 32GB for $500-$1000 and can still run on old machines. According to this https://arxiv.org/pdf/1909.06842.pdf Radeon VII 16GB performs only half as good as Tesla V100 16GB, whereas V100 should be roughly along the lines of 11GB RTX 2080 Ti. So you could say that you get half the RAM, double the speed, double the price. I am not sure though if that holds. I think they were putting 16GB in those cards trying to push it for ML with ROCm, clearly addressing the problem of the time, but no one really jumped on the train and now Resnet shrinks RAM but needs more processing power. So they released 8GB cards again with slightly better performance, and I guess we are lucky if the next generation even has 16GB because games probably don't need it at all. Still though with Revnets and everything said in the comments, I think on a budget you are better on the safe side buying the card with the most amount of VRAM, rather than the most performance. Tomorrow some paper might come out that uses another method, then you can't trick-shrink your network anymore and then everyone needs to buy big ass cards again like it used to be and can do nothing but throw their fancy faster cards in the dumpster. Also the huge bulk of ML currently focuses on image processing, while sound has only been gaining real momentum recently and this will be followed by video processing and eventually human-alike thought processes that sit atop of all that and have not even been tackled yet. Its a rapidly evolving field, hard to predict what will come and stay. Running out of VRAM means total hardware failure, running slower just means waiting longer. If you just buy the newest card every year, its probably save to buy the fast card because things won't change that fast after all. If you buy a new card every 4 years or longer then just try to get as much VRAM as possible. Check this out: https://www.techspot.com/news/86811-gigabyte-accidentally-reveals-rtx-3070-16gb-rtx-3080.html There will be a 3070 16GB version! Let's compare renting one V100 at $12/day vs. buying a 3070 Ti 16GB: The 2080 Ti was 1.42x the price of the regular 2080 and released the next summer. So let's assume the same will be true to the 3070 Ti so it will cost $700. That is $30/month & $1.88/day for two years - $15/month & $0.94/day in four years (by which time you can probably rent some 32GB Tesla card for the same price and nothing recent runs on less anymore). If you max out your setup 24/7 all year, then power cost obviously becomes a huge factor to that figure. In my country running at 500W cost $4.21/day, or $1.60 / 9hrs overnight. If you live elsewhere it might be as much as a quarter of that price. Of course your PC may run 10h a day anyway, so its maybe just 300W plus, and an older graphics card is inefficient for games it eats more Watts to do the same things so you save some there as well. There is a lot to take into account if comparing. Anyway, factoring in power cost, to break even with buying the card vs. renting within two years, you would have to use it for at least 4 days a month, or almost 2 weeks every 3 month. If you use it less than that, you maybe have a nice new graphics card and less hassle with pushing stuff back and forth onto servers all the time. But it would have been more economic to rent. So renting isn't that bad after all. Overall if you are thinking about having this as your hobby, you could say that it will cost you at least $30 per month, if not $50 or more (when keeping up to date with cards every 2 instead of 4 years + using it more cost more power). I think that is quite hefty. Personally I am not even invested enough into this even if it wasn't over my finances. I want a new card of course and also play some new games, but I don't really need to. There are a lot of other (more) important things I am interested in, that are totally free.

[D] Do you know any institutions/nonprofits/companies/governments/etc. trying to apply deep learning and other ML/AI/GenAI techniques to implement universal basic income (UBI) or something similar to UBI like universal basic services?

Do you know any institutions/nonprofits/companies/governments/etc. trying to apply deep learning and other ML/AI/GenAI techniques to implement universal basic income (UBI) or something similar to UBI like universal basic services? Maybe for chatbot guidance on UBI program details, selecting candidates that need it the most, predicting poverty, UBI impacts, demographic and economic indicators to identify optimal UBI payment amounts and frequencies for different population segments, preventing fraud, etc. It can be just sketching future models in theory, or already implementing it in practice. I found this relevant paper: Can Data and Machine Learning Change the Future of Basic Income Models? A Bayesian Belief Networks Approach. https://www.mdpi.com/2306-5729/9/2/18 "Appeals to governments for implementing basic income are contemporary. The theoretical backgrounds of the basic income notion only prescribe transferring equal amounts to individuals irrespective of their specific attributes. However, the most recent basic income initiatives all around the world are attached to certain rules with regard to the attributes of the households. This approach is facing significant challenges to appropriately recognize vulnerable groups. A possible alternative for setting rules with regard to the welfare attributes of the households is to employ artificial intelligence algorithms that can process unprecedented amounts of data. Can integrating machine learning change the future of basic income by predicting households vulnerable to future poverty? In this paper, we utilize multidimensional and longitudinal welfare data comprising one and a half million individuals’ data and a Bayesian beliefs network approach to examine the feasibility of predicting households’ vulnerability to future poverty based on the existing households’ welfare attributes."

[N] How Stability AI’s Founder Tanked His Billion-Dollar Startup

forbes article: https://www.forbes.com/sites/kenrickcai/2024/03/29/how-stability-ais-founder-tanked-his-billion-dollar-startup/ archive no paywall: https://archive.is/snbeV How Stability AI’s Founder Tanked His Billion-Dollar Startup Mar 29, 2024 Stability AI founder Emad Mostaque took the stage last week at the Terranea Resort in Palos Verdes, California to roaring applause and an introduction from an AI-generated Aristotle who announced him as “a modern Prometheus” with “the astuteness of Athena and the vision of Daedalus.” “Under his stewardship, AI becomes the Herculean force poised to vanquish the twin serpents of illness and ailment and extend the olive branch of longevity,” the faux Aristotle proclaimed. “I think that’s the best intro I’ve ever had,” Mostaque said. But behind Mostaque's hagiographic introduction lay a grim and fast metastasizing truth. Stability, once one of AI’s buzziest startups, was floundering. It had been running out of money for months and Mostaque had been unable to secure enough additional funding. It had defaulted on payments to Amazon whose cloud service undergirded Stability’s core offerings. The star research team behind its flagship text-to-image generator Stable Diffusion had tendered their resignations just three days before — as Forbes would first report — and other senior leaders had issued him an ultimatum: resign, or we walk too. Still, onstage before a massive audience of peers and acolytes, Mostaque talked a big game. “AI is jet planes for the mind,” he opined. “AI is our collective intelligence. It's the human Colossus.” He claimed a new, faster version of the Stable Diffusion image generator released earlier this month could generate “200 cats with hats per second.” But later, when he was asked about Stability’s financial model, Mostaque fumbled. “I can’t say that publicly,” he replied. “But it’s going well. We’re ahead of forecast.” Four days later, Mostaque stepped down as CEO of Stability, as Forbes first reported. In a post to X, the service formerly known as Twitter, he claimed he’d voluntarily abdicated his role to decentralize “the concentration of power in AI.” But sources told Forbes that was hardly the case. Behind the scenes, Mostaque had fought to maintain his position and control despite mounting pressure externally and internally to step down. Company documents and interviews with 32 current and former employees, investors, collaborators and industry observers suggest his abrupt exit was the result of poor business judgment and wild overspending that undermined confidence in his vision and leadership, and ultimately kneecapped the company. Mostaque, through his attorneys, declined to comment on record on a detailed list of questions about the reporting in this story. But in an email to Forbes earlier this week he broadly disputed the allegations. “Nobody tells you how hard it is to be a CEO and there are better CEOs than me to scale a business,” he said in a statement. “I am not sure anyone else would have been able to build and grow the research team to build the best and most widely used models out there and I’m very proud of the team there. I look forward to moving onto the next problem to handle and hopefully move the needle.” In an emailed statement, Christian Laforte and Shan Shan Wong, the interim co-CEOs who replaced Mostaque, said, "the company remains focused on commercializing its world leading technology” and providing it “to partners across the creative industries." After starting Stability in 2019, Mostaque built the company into an early AI juggernaut by seizing upon a promising research project that would become Stable Diffusion and funding it into a business reality. The ease with which the software generated detailed images from the simplest text prompts immediately captivated the public: 10 million people used it on any given day, the company told Forbes in early 2023. For some true believers, Mostaque was a crucial advocate for open-source AI development in a space dominated by the closed systems of OpenAI, Google and Anthropic. But his startup’s rise to one of the buzziest in generative AI was in part built on a series of exaggerations and misleading claims, as Forbes first reported last year (Mostaque disputed some points at the time). And they continued after he raised $100 million at a $1 billion valuation just days after launching Stable Diffusion in 2022. His failure to deliver on an array of grand promises, like building bespoke AI models for nation states, and his decision to pour tens of millions into research without a sustainable business plan, eroded Stability’s foundations and jeopardized its future. "He was just giving shit away,” one former employee told Forbes. “That man legitimately wanted to transform the world. He actually wanted to train AI models for kids in Malawi. Was it practical? Absolutely not." By October 2023, Stability would have less than $4 million left in the bank, according to an internal memo prepared for a board meeting and reviewed by Forbes. And mounting debt, including months of overdue Amazon Web Services payments, had already left it in the red. To avoid legal penalties for skipping Americans staff’s payroll, the document explained, the London-based startup was considering delaying tax payments to the U.K. government. It was Stability’s armada of GPUs, the wildly powerful and equally expensive chips undergirding AI, that were so taxing the company’s finances. Hosted by AWS, they had long been one of Mostaque’s bragging points; he often touted them as one of the world’s 10 largest supercomputers. They were responsible for helping Stability’s researchers build and maintain one of the top AI image generators, as well as break important new ground on generative audio, video and 3D models. “Undeniably, Stability has continued to ship a lot of models,” said one former employee. “They may not have profited off of it, but the broader ecosystem benefitted in a huge, huge way.” But the costs associated with so much compute were now threatening to sink the company. According to an internal October financial forecast seen by Forbes, Stability was on track to spend $99 million on compute in 2023. It noted as well that Stability was “underpaying AWS bills for July (by $1M)” and “not planning to pay AWS at the end of October for August usage ($7M).” Then there were the September and October bills, plus $1 million owed to Google Cloud and $600,000 to GPU cloud data center CoreWeave. (Amazon, Google and CoreWeave declined to comment.) With an additional $54 million allocated to wages and operating expenses, Stability’s total projected costs for 2023 were $153 million. But according to its October financial report, its projected revenue for the calendar year was just $11 million. Stability was on track to lose more money per month than it made in an entire year. The company’s dire financial position had thoroughly soured Stability’s current investors, including Coatue, which had invested tens of millions in the company during its $101 million funding round in 2022. In the middle of 2023, Mostaque agreed to an independent audit after Coatue raised a series of concerns, according to a source with direct knowledge of the matter. The outcome of the investigation is unclear. Coatue declined to comment. Within a week of an early October board meeting where Mostaque shared that financial forecast, Lightspeed Venture Partners, another major investor, sent a letter to the board urging them to sell the company. The distressing numbers had “severely undermined” the firm’s confidence in Mostaque’s ability to lead the company. “In particular, we are surprised and deeply concerned by a cash position just now disclosed to us that is inconsistent with prior discussions on this topic,” Lightspeed’s general counsel Brett Nissenberg wrote in the letter, a copy of which was viewed by Forbes. “Lightspeed believes that the company is not likely financeable on terms that would assure the company’s long term sound financial position.” (Lightspeed declined a request for comment.) The calls for a sale led Stability to quietly begin looking for a buyer. Bloomberg reported in November that Stability approached AI startups Cohere and Jasper to gauge their interest. Stability denied this, and Jasper CEO Timothy Young did the same when reached for comment by Forbes. A Cohere representative declined to comment. But one prominent AI company confirmed that Mostaque’s representatives had reached out to them to test the waters. Those talks did not advance because “the numbers didn’t add up,” this person, who declined to be named due to the confidential nature of the talks, told Forbes. Stability also tried to court Samsung as a buyer, going so far as to redecorate its office in advance of a planned meeting with the Korean electronics giant. (Samsung said that it invested in Stability in 2023 and that it does not comment on M&A discussions.) Coatue had been calling for Mostaque’s resignation for months, according to a source with direct knowledge. But it and other investors were unable to oust him because he was the company’s majority shareholder. When they tried a different tact by rallying other investors to offer him a juicy equity package to resign, Mostaque refused, said two sources. By October, Coatue and Lightspeed had had enough. Coatue left the board and Lightspeed resigned its observer seat. “Emad infuriated our initial investors so much it’s just making it impossible for us to raise more money under acceptable terms,” one current Stability executive told Forbes. The early months of 2024 saw Stability’s already precarious position eroding further still. Employees were quietly laid off. Three people in a position to know estimated that at least 10% of staff were cut. And cash reserves continued to dwindle. Mostaque mentioned a lifeline at the October board meeting: $95 million in tentative funding from new investors, pending due diligence. But in the end, only a fraction of it was wired, two sources say, much of it from Intel, which Forbes has learned invested $20 million, a fraction of what was reported. (Intel did not return a request for comment by publication time.) Two hours after Forbes broke the news of Mostaque’s plans to step down as CEO, Stability issued a press release confirming his resignation. Chief operating officer Wong and chief technology officer Laforte have taken over in the interim. Mostaque, who said on X that he still owns a majority of the company, also stepped down from the board, which has now initiated a search for a permanent CEO. There is a lot of work to be done to turn things around, and very little time in which to do it. Said the current Stability executive, “There’s still a possibility of a turnaround story, but the odds drop by the day.” In July of 2023, Mostaque still thought he could pull it off. Halfway through the month, he shared a fundraising plan with his lieutenants. It was wildly optimistic, detailing the raise of $500 million in cash and another $750 million in computing facilities from marquee investors like Nvidia, Google, Intel and the World Bank (Nvidia and Google declined comment. Intel did not respond. The World Bank said it did not invest in Stability). In a Slack message reviewed by Forbes, Mostaque said Google was “willing to move fast” and the round was “likely to be oversubscribed.” It wasn’t. Three people with direct knowledge of these fundraising efforts told Forbes that while there was some interest in Stability, talks often stalled when it came time to disclose financials. Two of them noted that earlier in the year, Mostaque had simply stopped engaging with VCs who asked for numbers. Only one firm invested around that time: actor Ashton Kutcher’s Sound Ventures, which invested $35 million in the form of a convertible SAFE note during the second quarter, according to an internal document. (Sound Ventures did not respond to a request for comment.) And though he’d managed to score a meeting with Nvidia and its CEO Jensen Huang, it ended in disaster, according to two sources. “Under Jensen's microscopic questions, Emad just fell apart,” a source in position to know told Forbes. Huang quickly concluded Stability wasn’t ready for an investment from Nvidia, the sources said. Mostaque told Forbes in an email that he had not met with Huang since 2022, except to say “hello and what’s up a few times after.” His July 2023 message references a plan to raise $150 million from Nvidia. (Nvidia declined to comment.) After a June Forbes investigation citing more than 30 sources revealed Mostaque’s history of misleading claims, Mostaque struggled to raise funding, a Stability investor told Forbes. (Mostaque disputed the story at the time and called it "coordinated lies" in his email this week to Forbes). Increasingly, investors scrutinized his assertions and pressed for data. And Young, now the CEO of Jasper, turned down a verbal offer to be Stability’s president after reading the article, according to a source with direct knowledge of the matter. The collapse of the talks aggravated the board and other executives, who had hoped Young would compensate for the sales and business management skills that Mostaque lacked, according to four people in a position to know. (Young declined to comment.) When Stability’s senior leadership convened in London for the CogX conference in September, the financing had still not closed. There, a group of executives confronted Mostaque asking questions about the company’s cash position and runway, according to three people with direct knowledge of the incident. They did not get the clarity they’d hoped for. By October, Mostaque had reduced his fundraising target by more than 80%. The months that followed saw a steady drumbeat of departures — general counsel Adam Avrunin, vice presidents Mike Melnicki, Ed Newton-Rex and Joe Penna, chief people officer Ozden Onder — culminating in the demoralizing March exit of Stable Diffusion’s primary developers Robin Rombach, Andreas Blattmann, Patrick Esser and Dominik Lorenz. Rombach, who led the team, had been angling to leave for months, two sources said, first threatening to resign last summer because of the fundraising failures. Others left over concerns about cash flow, as well as liabilities — including what four people described as Mostaque’s lax approach to ensuring that Stability products could not be used to produce child sexual abuse imagery. “Stability AI is committed to preventing the misuse of AI and prohibits the use of our image models and services for unlawful activity, including attempts to edit or create CSAM,” Ella Irwin, senior vice president of integrity, said in a statement. Newton-Rex told Forbes he resigned because he disagreed with Stability’s position that training AI on copyrighted work without consent is fair use. Melnicki and Penna declined to comment. Avrunin and Onder could not be reached for comment. None of the researchers responded to requests for comment. The Stable Diffusion researchers’ departure as a cohort says a lot about the state of Stability AI. The company’s researchers were widely viewed as its crown jewels, their work subsidized with a firehose of pricey compute power that was even extended to people outside the company. Martino Russi, an artificial intelligence researcher, told Forbes that though he was never formally employed by Stability, the company provided him a “staggering” amount of compute between January and April 2023 to play around with developing an AI video generator that Stability might someday use. “It was Candy Land or Coney Island,” said Russi, who estimates that his experiment, which was ultimately shelved, cost the company $2.5 million. Stable Diffusion was simultaneously Stability’s marquee product and its existential cash crisis. One current employee described it to Forbes as “a giant vacuum that absorbed everything: money, compute, people.” While the software was widely used, with Mostaque claiming downloads reaching into the hundreds of millions, Stability struggled to translate that wild success into revenue. Mostaque knew it could be done — peers at Databricks, Elastic and MongoDB had all turned a free product into a lucrative business — he just couldn’t figure out how. His first attempt was Stability’s API, which allowed paying customers to integrate Stable Diffusion into their own products. In early 2023, a handful of small companies, like art generator app NightCafe and presentation software startup Tome, signed on, according to four people with knowledge of the deals. But Stability’s poor account management services soured many, and in a matter of months NightCafe and Tome canceled their contracts, three people said. NightCafe founder Angus Russell told Forbes that his company switched to a competitor which “offered much cheaper inference costs and a broader service.” Tome did not respond to a request for comment. Meanwhile, Mostaque’s efforts to court larger companies like Samsung and Snapchat were failing, according to five people familiar with the effort. Canva, which was already one of the heaviest users of open-sourced Stable Diffusion, had multiple discussions with Stability, which was angling for a contract it hoped would generate several millions in annual revenue. But the deal never materialized, four sources said. “These three companies wanted and needed us,” one former employee told Forbes. “They would have been the perfect customers.” (Samsung, Snap and Canva declined to comment.) “It’s not that there was not an appetite to pay Stability — there were tons of companies that would have that wanted to,” the former employee said. “There was a huge opportunity and demand, but just a resistance to execution.” Mostaque’s other big idea was to provide governments with bespoke national AI models that would invigorate their economies and citizenry. “Emad envisions a world where AI through 100 national models serves not as a tool of the few, but as a benefactor to all promising to confront great adversaries, cancer, autism, and the sands of time itself,” the AI avatar of Aristotle said in his intro at the conference. Mostaque told several prospective customers that he could deliver such models within 60 days — an untenable timeline, according to two people in position to know. Stability attempted to develop a model for the Singaporean government over the protestation of employees who questioned its technical feasibility, three sources familiar with the effort told Forbes. But it couldn’t pull it off and Singapore never became a customer. (The government of Singapore confirmed it did not enter into a deal with Stability, but declined to answer additional questions.) As Stability careened from one new business idea to another, resources were abruptly reallocated and researchers reassigned. The whiplash shifts in a largely siloed organization demoralized and infuriated employees. “There were ‘urgent’ things, ‘urgent urgent’ things and ‘most urgent,’” one former employee complained. “None of these things seem important if everything is important.” Another former Stability executive was far more pointed in their assessment. “Emad is the most disorganized leader I have ever worked with in my career,” this person told Forbes. “He has no vision, and changes directions every week, often based on what he sees on Twitter.” In a video interview posted shortly before this story was published, Mostaque explained his leadership style: “I'm particularly great at taking creatives, developers, researchers, others, and achieving their full potential in designing systems. But I should not be dealing with, you know, HR and operations and business development and other elements. There are far better people than me to do that.” By December 2023, Stability had partially abandoned its open-source roots and announced that any commercial use of Stable Diffusion would cost customers at least $20 per month (non-commercial and research use of Stable Diffusion would remain free). But privately, Stability was considering a potentially more lucrative source of revenue: reselling the compute it was leasing from providers like AWS, according to six people familiar with the effort. Though it was essentially GPU arbitrage, Stability framed the strategy to investors as a “managed services” offering. Its damning October financial report projected optimistically that such an offering would bring in $139 million in 2024 — 98% of its revenue. Multiple employees at the time told Forbes they feared reselling compute, even if the company called it “managed services,” would violate the terms of Stability’s contract with AWS. Amazon declined to comment. “The line internally was that we are not reselling compute,” one former employee said. “This was some of the dirtiest feeling stuff.” Stability also discussed reselling a cluster of Nvidia A100 chips, leased via CoreWeave, to the venture capital firm Andreessen Horowitz, three sources said. “It was under the guise of managed services, but there wasn’t any management happening,” one of these people told Forbes. Andreessen Horowitz and CoreWeave declined to comment. Stability did not respond to questions about if it plans to continue this strategy now that Mostaque is out of the picture. Regardless, interim co-CEOs Wong and Laforte are on a tight timeline to clean up his mess. Board chairman Jim O’Shaughnessy said in a statement that he was confident the pair “will adeptly steer the company forward in developing and commercializing industry-leading generative AI products.” But burn continues to far outpace revenue. The Financial Times reported Friday that the company made $5.4 million of revenue in February, against $8 million in costs. Several sources said there are ongoing concerns about making payroll for the roughly 150 remaining employees. Leadership roles have gone vacant for months amid the disarray, leaving the company increasingly directionless. Meanwhile, a potentially catastrophic legal threat looms over the company: A trio of copyright infringement lawsuits brought by Getty Images and a group of artists in the U.S. and U.K., who claim Stability illegally used their art and photography to train the AI models powering Stable Diffusion. A London-based court has already rejected the company’s bid to throw out one of the lawsuits on the basis that none of its researchers were based in the U.K. And Stability’s claim that Getty’s Delaware lawsuit should be blocked because it's a U.K.-based company was rejected. (Stability did not respond to questions about the litigation.) AI-related copyright litigation “could go on for years,” according to Eric Goldman, a law professor at Santa Clara University. He told Forbes that though plaintiffs suing AI firms face an uphill battle overcoming the existing legal precedent on copyright infringement, the quantity of arguments available to make are virtually inexhaustible. “Like in military theory, if there’s a gap in your lines, that’s where the enemy pours through — if any one of those arguments succeeds, it could completely change the generative AI environment,” he said. “In some sense, generative AI as an industry has to win everything.” Stability, which had more than $100 million in the bank just a year and a half ago, is in a deep hole. Not only does it need more funding, it needs a viable business model — or a buyer with the vision and chops to make it successful in a fast-moving and highly competitive sector. At an all hands meeting this past Monday, Stability’s new leaders detailed a path forward. One point of emphasis: a plan to better manage resources and expenses, according to one person in attendance. It’s a start, but Mostaque’s meddling has left them with little runway to execute. His resignation, though, has given some employees hope. “A few people are 100% going to reconsider leaving after today,” said one current employee. “And the weird gloomy aura of hearing Emad talking nonsense for an hour is gone.” Shortly before Mostaque resigned, one current Stability executive told Forbes that they were optimistic his departure could make Stability appealing enough to receive a small investment or sale to a friendly party. “There are companies that have raised hundreds of millions of dollars that have much less intrinsic value than Stability,” the person said. “A white knight may still appear.”

Interview with Juergen Schmidhuber, renowned ‘Father Of Modern AI’, says his life’s work won't lead to dystopia.

Schmidhuber interview expressing his views on the future of AI and AGI. Original source. I think the interview is of interest to r/MachineLearning, and presents an alternate view, compared to other influential leaders in AI. Juergen Schmidhuber, Renowned 'Father Of Modern AI,' Says His Life’s Work Won't Lead To Dystopia May 23, 2023. Contributed by Hessie Jones. Amid the growing concern about the impact of more advanced artificial intelligence (AI) technologies on society, there are many in the technology community who fear the implications of the advancements in Generative AI if they go unchecked. Dr. Juergen Schmidhuber, a renowned scientist, artificial intelligence researcher and widely regarded as one of the pioneers in the field, is more optimistic. He declares that many of those who suddenly warn against the dangers of AI are just seeking publicity, exploiting the media’s obsession with killer robots which has attracted more attention than “good AI” for healthcare etc. The potential to revolutionize various industries and improve our lives is clear, as are the equal dangers if bad actors leverage the technology for personal gain. Are we headed towards a dystopian future, or is there reason to be optimistic? I had a chance to sit down with Dr. Juergen Schmidhuber to understand his perspective on this seemingly fast-moving AI-train that will leap us into the future. As a teenager in the 1970s, Juergen Schmidhuber became fascinated with the idea of creating intelligent machines that could learn and improve on their own, becoming smarter than himself within his lifetime. This would ultimately lead to his groundbreaking work in the field of deep learning. In the 1980s, he studied computer science at the Technical University of Munich (TUM), where he earned his diploma in 1987. His thesis was on the ultimate self-improving machines that, not only, learn through some pre-wired human-designed learning algorithm, but also learn and improve the learning algorithm itself. Decades later, this became a hot topic. He also received his Ph.D. at TUM in 1991 for work that laid some of the foundations of modern AI. Schmidhuber is best known for his contributions to the development of recurrent neural networks (RNNs), the most powerful type of artificial neural network that can process sequential data such as speech and natural language. With his students Sepp Hochreiter, Felix Gers, Alex Graves, Daan Wierstra, and others, he published architectures and training algorithms for the long short-term memory (LSTM), a type of RNN that is widely used in natural language processing, speech recognition, video games, robotics, and other applications. LSTM has become the most cited neural network of the 20th century, and Business Week called it "arguably the most commercial AI achievement." Throughout his career, Schmidhuber has received various awards and accolades for his groundbreaking work. In 2013, he was awarded the Helmholtz Prize, which recognizes significant contributions to the field of machine learning. In 2016, he was awarded the IEEE Neural Network Pioneer Award for "pioneering contributions to deep learning and neural networks." The media have often called him the “father of modern AI,” because the most cited neural networks all build on his lab’s work. He is quick to point out, however, that AI history goes back centuries. Despite his many accomplishments, at the age of 60, he feels mounting time pressure towards building an Artificial General Intelligence within his lifetime and remains committed to pushing the boundaries of AI research and development. He is currently director of the KAUST AI Initiative, scientific director of the Swiss AI Lab IDSIA, and co-founder and chief scientist of AI company NNAISENSE, whose motto is "AI∀" which is a math-inspired way of saying "AI For All." He continues to work on cutting-edge AI technologies and applications to improve human health and extend human lives and make lives easier for everyone. The following interview has been edited for clarity. Jones: Thank you Juergen for joining me. You have signed letters warning about AI weapons. But you didn't sign the recent publication, "Pause Gigantic AI Experiments: An Open Letter"? Is there a reason? Schmidhuber: Thank you Hessie. Glad to speak with you. I have realized that many of those who warn in public against the dangers of AI are just seeking publicity. I don't think the latest letter will have any significant impact because many AI researchers, companies, and governments will ignore it completely. The proposal frequently uses the word "we" and refers to "us," the humans. But as I have pointed out many times in the past, there is no "we" that everyone can identify with. Ask 10 different people, and you will hear 10 different opinions about what is "good." Some of those opinions will be completely incompatible with each other. Don't forget the enormous amount of conflict between the many people. The letter also says, "If such a pause cannot be quickly put in place, governments should intervene and impose a moratorium." The problem is that different governments have ALSO different opinions about what is good for them and for others. Great Power A will say, if we don't do it, Great Power B will, perhaps secretly, and gain an advantage over us. The same is true for Great Powers C and D. Jones: Everyone acknowledges this fear surrounding current generative AI technology. Moreover, the existential threat of this technology has been publicly acknowledged by Sam Altman, CEO of OpenAI himself, calling for AI regulation. From your perspective, is there an existential threat? Schmidhuber: It is true that AI can be weaponized, and I have no doubt that there will be all kinds of AI arms races, but AI does not introduce a new quality of existential threat. The threat coming from AI weapons seems to pale in comparison to the much older threat from nuclear hydrogen bombs that don’t need AI at all. We should be much more afraid of half-century-old tech in the form of H-bomb rockets. The Tsar Bomba of 1961 had almost 15 times more destructive power than all weapons of WW-II combined. Despite the dramatic nuclear disarmament since the 1980s, there are still more than enough nuclear warheads to wipe out human civilization within two hours, without any AI I’m much more worried about that old existential threat than the rather harmless AI weapons. Jones: I realize that while you compare AI to the threat of nuclear bombs, there is a current danger that a current technology can be put in the hands of humans and enable them to “eventually” exact further harms to individuals of group in a very precise way, like targeted drone attacks. You are giving people a toolset that they've never had before, enabling bad actors, as some have pointed out, to be able to do a lot more than previously because they didn't have this technology. Schmidhuber: Now, all that sounds horrible in principle, but our existing laws are sufficient to deal with these new types of weapons enabled by AI. If you kill someone with a gun, you will go to jail. Same if you kill someone with one of these drones. Law enforcement will get better at understanding new threats and new weapons and will respond with better technology to combat these threats. Enabling drones to target persons from a distance in a way that requires some tracking and some intelligence to perform, which has traditionally been performed by skilled humans, to me, it seems is just an improved version of a traditional weapon, like a gun, which is, you know, a little bit smarter than the old guns. But, in principle, all of that is not a new development. For many centuries, we have had the evolution of better weaponry and deadlier poisons and so on, and law enforcement has evolved their policies to react to these threats over time. So, it's not that we suddenly have a new quality of existential threat and it's much more worrisome than what we have had for about six decades. A large nuclear warhead doesn’t need fancy face recognition to kill an individual. No, it simply wipes out an entire city with ten million inhabitants. Jones: The existential threat that’s implied is the extent to which humans have control over this technology. We see some early cases of opportunism which, as you say, tends to get more media attention than positive breakthroughs. But you’re implying that this will all balance out? Schmidhuber: Historically, we have a long tradition of technological breakthroughs that led to advancements in weapons for the purpose of defense but also for protection. From sticks, to rocks, to axes to gunpowder to cannons to rockets… and now to drones… this has had a drastic influence on human history but what has been consistent throughout history is that those who are using technology to achieve their own ends are themselves, facing the same technology because the opposing side is learning to use it against them. And that's what has been repeated in thousands of years of human history and it will continue. I don't see the new AI arms race as something that is remotely as existential a threat as the good old nuclear warheads. You said something important, in that some people prefer to talk about the downsides rather than the benefits of this technology, but that's misleading, because 95% of all AI research and AI development is about making people happier and advancing human life and health. Jones: Let’s touch on some of those beneficial advances in AI research that have been able to radically change present day methods and achieve breakthroughs. Schmidhuber: All right! For example, eleven years ago, our team with my postdoc Dan Ciresan was the first to win a medical imaging competition through deep learning. We analyzed female breast cells with the objective to determine harmless cells vs. those in the pre-cancer stage. Typically, a trained oncologist needs a long time to make these determinations. Our team, who knew nothing about cancer, were able to train an artificial neural network, which was totally dumb in the beginning, on lots of this kind of data. It was able to outperform all the other methods. Today, this is being used not only for breast cancer, but also for radiology and detecting plaque in arteries, and many other things. Some of the neural networks that we have developed in the last 3 decades are now prevalent across thousands of healthcare applications, detecting Diabetes and Covid-19 and what not. This will eventually permeate across all healthcare. The good consequences of this type of AI are much more important than the click-bait new ways of conducting crimes with AI. Jones: Adoption is a product of reinforced outcomes. The massive scale of adoption either leads us to believe that people have been led astray, or conversely, technology is having a positive effect on people’s lives. Schmidhuber: The latter is the likely case. There's intense commercial pressure towards good AI rather than bad AI because companies want to sell you something, and you are going to buy only stuff you think is going to be good for you. So already just through this simple, commercial pressure, you have a tremendous bias towards good AI rather than bad AI. However, doomsday scenarios like in Schwarzenegger movies grab more attention than documentaries on AI that improve people’s lives. Jones: I would argue that people are drawn to good stories – narratives that contain an adversary and struggle, but in the end, have happy endings. And this is consistent with your comment on human nature and how history, despite its tendency for violence and destruction of humanity, somehow tends to correct itself. Let’s take the example of a technology, which you are aware – GANs – General Adversarial Networks, which today has been used in applications for fake news and disinformation. In actuality, the purpose in the invention of GANs was far from what it is used for today. Schmidhuber: Yes, the name GANs was created in 2014 but we had the basic principle already in the early 1990s. More than 30 years ago, I called it artificial curiosity. It's a very simple way of injecting creativity into a little two network system. This creative AI is not just trying to slavishly imitate humans. Rather, it’s inventing its own goals. Let me explain: You have two networks. One network is producing outputs that could be anything, any action. Then the second network is looking at these actions and it’s trying to predict the consequences of these actions. An action could move a robot, then something happens, and the other network is just trying to predict what will happen. Now we can implement artificial curiosity by reducing the prediction error of the second network, which, at the same time, is the reward of the first network. The first network wants to maximize its reward and so it will invent actions that will lead to situations that will surprise the second network, which it has not yet learned to predict well. In the case where the outputs are fake images, the first network will try to generate images that are good enough to fool the second network, which will attempt to predict the reaction of the environment: fake or real image, and it will try to become better at it. The first network will continue to also improve at generating images whose type the second network will not be able to predict. So, they fight each other. The 2nd network will continue to reduce its prediction error, while the 1st network will attempt to maximize it. Through this zero-sum game the first network gets better and better at producing these convincing fake outputs which look almost realistic. So, once you have an interesting set of images by Vincent Van Gogh, you can generate new images that leverage his style, without the original artist having ever produced the artwork himself. Jones: I see how the Van Gogh example can be applied in an education setting and there are countless examples of artists mimicking styles from famous painters but image generation from this instance that can happen within seconds is quite another feat. And you know this is how GANs has been used. What’s more prevalent today is a socialized enablement of generating images or information to intentionally fool people. It also surfaces new harms that deal with the threat to intellectual property and copyright, where laws have yet to account for. And from your perspective this was not the intention when the model was conceived. What was your motivation in your early conception of what is now GANs? Schmidhuber: My old motivation for GANs was actually very important and it was not to create deepfakes or fake news but to enable AIs to be curious and invent their own goals, to make them explore their environment and make them creative. Suppose you have a robot that executes one action, then something happens, then it executes another action, and so on, because it wants to achieve certain goals in the environment. For example, when the battery is low, this will trigger “pain” through hunger sensors, so it wants to go to the charging station, without running into obstacles, which will trigger other pain sensors. It will seek to minimize pain (encoded through numbers). Now the robot has a friend, the second network, which is a world model ––it’s a prediction machine that learns to predict the consequences of the robot’s actions. Once the robot has a good model of the world, it can use it for planning. It can be used as a simulation of the real world. And then it can determine what is a good action sequence. If the robot imagines this sequence of actions, the model will predict a lot of pain, which it wants to avoid. If it plays this alternative action sequence in its mental model of the world, then it will predict a rewarding situation where it’s going to sit on the charging station and its battery is going to load again. So, it'll prefer to execute the latter action sequence. In the beginning, however, the model of the world knows nothing, so how can we motivate the first network to generate experiments that lead to data that helps the world model learn something it didn’t already know? That’s what artificial curiosity is about. The dueling two network systems effectively explore uncharted environments by creating experiments so that over time the curious AI gets a better sense of how the environment works. This can be applied to all kinds of environments, and has medical applications. Jones: Let’s talk about the future. You have said, “Traditional humans won’t play a significant role in spreading intelligence across the universe.” Schmidhuber: Let’s first conceptually separate two types of AIs. The first type of AI are tools directed by humans. They are trained to do specific things like accurately detect diabetes or heart disease and prevent attacks before they happen. In these cases, the goal is coming from the human. More interesting AIs are setting their own goals. They are inventing their own experiments and learning from them. Their horizons expand and eventually they become more and more general problem solvers in the real world. They are not controlled by their parents, but much of what they learn is through self-invented experiments. A robot, for example, is rotating a toy, and as it is doing this, the video coming in through the camera eyes, changes over time and it begins to learn how this video changes and learns how the 3D nature of the toy generates certain videos if you rotate it a certain way, and eventually, how gravity works, and how the physics of the world works. Like a little scientist! And I have predicted for decades that future scaled-up versions of such AI scientists will want to further expand their horizons, and eventually go where most of the physical resources are, to build more and bigger AIs. And of course, almost all of these resources are far away from earth out there in space, which is hostile to humans but friendly to appropriately designed AI-controlled robots and self-replicating robot factories. So here we are not talking any longer about our tiny biosphere; no, we are talking about the much bigger rest of the universe. Within a few tens of billions of years, curious self-improving AIs will colonize the visible cosmos in a way that’s infeasible for humans. Those who don’t won’t have an impact. Sounds like science fiction, but since the 1970s I have been unable to see a plausible alternative to this scenario, except for a global catastrophe such as an all-out nuclear war that stops this development before it takes off. Jones: How long have these AIs, which can set their own goals — how long have they existed? To what extent can they be independent of human interaction? Schmidhuber: Neural networks like that have existed for over 30 years. My first simple adversarial neural network system of this kind is the one from 1990 described above. You don’t need a teacher there; it's just a little agent running around in the world and trying to invent new experiments that surprise its own prediction machine. Once it has figured out certain parts of the world, the agent will become bored and will move on to more exciting experiments. The simple 1990 systems I mentioned have certain limitations, but in the past three decades, we have also built more sophisticated systems that are setting their own goals and such systems I think will be essential for achieving true intelligence. If you are only imitating humans, you will never go beyond them. So, you really must give AIs the freedom to explore previously unexplored regions of the world in a way that no human is really predefining. Jones: Where is this being done today? Schmidhuber: Variants of neural network-based artificial curiosity are used today for agents that learn to play video games in a human-competitive way. We have also started to use them for automatic design of experiments in fields such as materials science. I bet many other fields will be affected by it: chemistry, biology, drug design, you name it. However, at least for now, these artificial scientists, as I like to call them, cannot yet compete with human scientists. I don’t think it’s going to stay this way but, at the moment, it’s still the case. Sure, AI has made a lot of progress. Since 1997, there have been superhuman chess players, and since 2011, through the DanNet of my team, there have been superhuman visual pattern recognizers. But there are other things where humans, at the moment at least, are much better, in particular, science itself. In the lab we have many first examples of self-directed artificial scientists, but they are not yet convincing enough to appear on the radar screen of the public space, which is currently much more fascinated with simpler systems that just imitate humans and write texts based on previously seen human-written documents. Jones: You speak of these numerous instances dating back 30 years of these lab experiments where these self-driven agents are deciding and learning and moving on once they’ve learned. And I assume that that rate of learning becomes even faster over time. What kind of timeframe are we talking about when this eventually is taken outside of the lab and embedded into society? Schmidhuber: This could still take months or even years :-) Anyway, in the not-too-distant future, we will probably see artificial scientists who are good at devising experiments that allow them to discover new, previously unknown physical laws. As always, we are going to profit from the old trend that has held at least since 1941: every decade compute is getting 100 times cheaper. Jones: How does this trend affect modern AI such as ChatGPT? Schmidhuber: Perhaps you know that all the recent famous AI applications such as ChatGPT and similar models are largely based on principles of artificial neural networks invented in the previous millennium. The main reason why they works so well now is the incredible acceleration of compute per dollar. ChatGPT is driven by a neural network called “Transformer” described in 2017 by Google. I am happy about that because a quarter century earlier in 1991 I had a particular Transformer variant which is now called the “Transformer with linearized self-attention”. Back then, not much could be done with it, because the compute cost was a million times higher than today. But today, one can train such models on half the internet and achieve much more interesting results. Jones: And for how long will this acceleration continue? Schmidhuber: There's no reason to believe that in the next 30 years, we won't have another factor of 1 million and that's going to be really significant. In the near future, for the first time we will have many not-so expensive devices that can compute as much as a human brain. The physical limits of computation, however, are much further out so even if the trend of a factor of 100 every decade continues, the physical limits (of 1051 elementary instructions per second and kilogram of matter) won’t be hit until, say, the mid-next century. Even in our current century, however, we’ll probably have many machines that compute more than all 10 billion human brains collectively and you can imagine, everything will change then! Jones: That is the big question. Is everything going to change? If so, what do you say to the next generation of leaders, currently coming out of college and university. So much of this change is already impacting how they study, how they will work, or how the future of work and livelihood is defined. What is their purpose and how do we change our systems so they will adapt to this new version of intelligence? Schmidhuber: For decades, people have asked me questions like that, because you know what I'm saying now, I have basically said since the 1970s, it’s just that today, people are paying more attention because, back then, they thought this was science fiction. They didn't think that I would ever come close to achieving my crazy life goal of building a machine that learns to become smarter than myself such that I can retire. But now many have changed their minds and think it's conceivable. And now I have two daughters, 23 and 25. People ask me: what do I tell them? They know that Daddy always said, “It seems likely that within your lifetimes, you will have new types of intelligence that are probably going to be superior in many ways, and probably all kinds of interesting ways.” How should they prepare for that? And I kept telling them the obvious: Learn how to learn new things! It's not like in the previous millennium where within 20 years someone learned to be a useful member of society, and then took a job for 40 years and performed in this job until she received her pension. Now things are changing much faster and we must learn continuously just to keep up. I also told my girls that no matter how smart AIs are going to get, learn at least the basics of math and physics, because that’s the essence of our universe, and anybody who understands this will have an advantage, and learn all kinds of new things more easily. I also told them that social skills will remain important, because most future jobs for humans will continue to involve interactions with other humans, but I couldn’t teach them anything about that; they know much more about social skills than I do. You touched on the big philosophical question about people’s purpose. Can this be answered without answering the even grander question: What’s the purpose of the entire universe? We don’t know. But what’s happening right now might be connected to the unknown answer. Don’t think of humans as the crown of creation. Instead view human civilization as part of a much grander scheme, an important step (but not the last one) on the path of the universe from very simple initial conditions towards more and more unfathomable complexity. Now it seems ready to take its next step, a step comparable to the invention of life itself over 3.5 billion years ago. Alas, don’t worry, in the end, all will be good! Jones: Let’s get back to this transformation happening right now with OpenAI. There are many questioning the efficacy and accuracy of ChatGPT, and are concerned its release has been premature. In light of the rampant adoption, educators have banned its use over concerns of plagiarism and how it stifles individual development. Should large language models like ChatGPT be used in school? Schmidhuber: When the calculator was first introduced, instructors forbade students from using it in school. Today, the consensus is that kids should learn the basic methods of arithmetic, but they should also learn to use the “artificial multipliers” aka calculators, even in exams, because laziness and efficiency is a hallmark of intelligence. Any intelligent being wants to minimize its efforts to achieve things. And that's the reason why we have tools, and why our kids are learning to use these tools. The first stone tools were invented maybe 3.5 million years ago; tools just have become more sophisticated over time. In fact, humans have changed in response to the properties of their tools. Our anatomical evolution was shaped by tools such as spears and fire. So, it's going to continue this way. And there is no permanent way of preventing large language models from being used in school. Jones: And when our children, your children graduate, what does their future work look like? Schmidhuber: A single human trying to predict details of how 10 billion people and their machines will evolve in the future is like a single neuron in my brain trying to predict what the entire brain and its tens of billions of neurons will do next year. 40 years ago, before the WWW was created at CERN in Switzerland, who would have predicted all those young people making money as YouTube video bloggers? Nevertheless, let’s make a few limited job-related observations. For a long time, people have thought that desktop jobs may require more intelligence than skills trade or handicraft professions. But now, it turns out that it's much easier to replace certain aspects of desktop jobs than replacing a carpenter, for example. Because everything that works well in AI is happening behind the screen currently, but not so much in the physical world. There are now artificial systems that can read lots of documents and then make really nice summaries of these documents. That is a desktop job. Or you give them a description of an illustration that you want to have for your article and pretty good illustrations are being generated that may need some minimal fine-tuning. But you know, all these desktop jobs are much easier to facilitate than the real tough jobs in the physical world. And it's interesting that the things people thought required intelligence, like playing chess, or writing or summarizing documents, are much easier for machines than they thought. But for things like playing football or soccer, there is no physical robot that can remotely compete with the abilities of a little boy with these skills. So, AI in the physical world, interestingly, is much harder than AI behind the screen in virtual worlds. And it's really exciting, in my opinion, to see that jobs such as plumbers are much more challenging than playing chess or writing another tabloid story. Jones: The way data has been collected in these large language models does not guarantee personal information has not been excluded. Current consent laws already are outdated when it comes to these large language models (LLM). The concern, rightly so, is increasing surveillance and loss of privacy. What is your view on this? Schmidhuber: As I have indicated earlier: are surveillance and loss of privacy inevitable consequences of increasingly complex societies? Super-organisms such as cities and states and companies consist of numerous people, just like people consist of numerous cells. These cells enjoy little privacy. They are constantly monitored by specialized "police cells" and "border guard cells": Are you a cancer cell? Are you an external intruder, a pathogen? Individual cells sacrifice their freedom for the benefits of being part of a multicellular organism. Similarly, for super-organisms such as nations. Over 5000 years ago, writing enabled recorded history and thus became its inaugural and most important invention. Its initial purpose, however, was to facilitate surveillance, to track citizens and their tax payments. The more complex a super-organism, the more comprehensive its collection of information about its constituents. 200 years ago, at least, the parish priest in each village knew everything about all the village people, even about those who did not confess, because they appeared in the confessions of others. Also, everyone soon knew about the stranger who had entered the village, because some occasionally peered out of the window, and what they saw got around. Such control mechanisms were temporarily lost through anonymization in rapidly growing cities but are now returning with the help of new surveillance devices such as smartphones as part of digital nervous systems that tell companies and governments a lot about billions of users. Cameras and drones etc. are becoming increasingly tinier and more ubiquitous. More effective recognition of faces and other detection technology are becoming cheaper and cheaper, and many will use it to identify others anywhere on earth; the big wide world will not offer any more privacy than the local village. Is this good or bad? Some nations may find it easier than others to justify more complex kinds of super-organisms at the expense of the privacy rights of their constituents. Jones: So, there is no way to stop or change this process of collection, or how it continuously informs decisions over time? How do you see governance and rules responding to this, especially amid Italy’s ban on ChatGPT following suspected user data breach and the more recent news about the Meta’s record $1.3billion fine in the company’s handling of user information? Schmidhuber: Data collection has benefits and drawbacks, such as the loss of privacy. How to balance those? I have argued for addressing this through data ownership in data markets. If it is true that data is the new oil, then it should have a price, just like oil. At the moment, the major surveillance platforms such as Meta do not offer users any money for their data and the transitive loss of privacy. In the future, however, we will likely see attempts at creating efficient data markets to figure out the data's true financial value through the interplay between supply and demand. Even some of the sensitive medical data should not be priced by governmental regulators but by patients (and healthy persons) who own it and who may sell or license parts thereof as micro-entrepreneurs in a healthcare data market. Following a previous interview, I gave for one of the largest re-insurance companies , let's look at the different participants in such a data market: patients, hospitals, data companies. (1) Patients with a rare form of cancer can offer more valuable data than patients with a very common form of cancer. (2) Hospitals and their machines are needed to extract the data, e.g., through magnet spin tomography, radiology, evaluations through human doctors, and so on. (3) Companies such as Siemens, Google or IBM would like to buy annotated data to make better artificial neural networks that learn to predict pathologies and diseases and the consequences of therapies. Now the market’s invisible hand will decide about the data’s price through the interplay between demand and supply. On the demand side, you will have several companies offering something for the data, maybe through an app on the smartphone (a bit like a stock market app). On the supply side, each patient in this market should be able to profit from high prices for rare valuable types of data. Likewise, competing data extractors such as hospitals will profit from gaining recognition and trust for extracting data well at a reasonable price. The market will make the whole system efficient through incentives for all who are doing a good job. Soon there will be a flourishing ecosystem of commercial data market advisors and what not, just like the ecosystem surrounding the traditional stock market. The value of the data won’t be determined by governments or ethics committees, but by those who own the data and decide by themselves which parts thereof they want to license to others under certain conditions. At first glance, a market-based system seems to be detrimental to the interest of certain monopolistic companies, as they would have to pay for the data - some would prefer free data and keep their monopoly. However, since every healthy and sick person in the market would suddenly have an incentive to collect and share their data under self-chosen anonymity conditions, there will soon be many more useful data to evaluate all kinds of treatments. On average, people will live longer and healthier, and many companies and the entire healthcare system will benefit. Jones: Finally, what is your view on open source versus the private companies like Google and OpenAI? Is there a danger to supporting these private companies’ large language models versus trying to keep these models open source and transparent, very much like what LAION is doing? Schmidhuber: I signed this open letter by LAION because I strongly favor the open-source movement. And I think it's also something that is going to challenge whatever big tech dominance there might be at the moment. Sure, the best models today are run by big companies with huge budgets for computers, but the exciting fact is that open-source models are not so far behind, some people say maybe six to eight months only. Of course, the private company models are all based on stuff that was created in academia, often in little labs without so much funding, which publish without patenting their results and open source their code and others take it and improved it. Big tech has profited tremendously from academia; their main achievement being that they have scaled up everything greatly, sometimes even failing to credit the original inventors. So, it's very interesting to see that as soon as some big company comes up with a new scaled-up model, lots of students out there are competing, or collaborating, with each other, trying to come up with equal or better performance on smaller networks and smaller machines. And since they are open sourcing, the next guy can have another great idea to improve it, so now there’s tremendous competition also for the big companies. Because of that, and since AI is still getting exponentially cheaper all the time, I don't believe that big tech companies will dominate in the long run. They find it very hard to compete with the enormous open-source movement. As long as you can encourage the open-source community, I think you shouldn't worry too much. Now, of course, you might say if everything is open source, then the bad actors also will more easily have access to these AI tools. And there's truth to that. But as always since the invention of controlled fire, it was good that knowledge about how technology works quickly became public such that everybody could use it. And then, against any bad actor, there's almost immediately a counter actor trying to nullify his efforts. You see, I still believe in our old motto "AI∀" or "AI For All." Jones: Thank you, Juergen for sharing your perspective on this amazing time in history. It’s clear that with new technology, the enormous potential can be matched by disparate and troubling risks which we’ve yet to solve, and even those we have yet to identify. If we are to dispel the fear of a sentient system for which we have no control, humans, alone need to take steps for more responsible development and collaboration to ensure AI technology is used to ultimately benefit society. Humanity will be judged by what we do next.

[N] TheSequence Scope: When it comes to machine learning, size matters: Microsoft's DeepSpeed framework, which can train a model with up to a trillion parameters

Hi there! Offering to your attention the latest edition of a weekly ML-newsletter that focusing on three things: impactful ML research papers, cool ML tech solutions, and ML use cases supported by investors. Please, see it below. Reddit is a new thing for me, and I've been struggling a bit with it, so please don't judge me too harsh for this promotion. This weekly digest is free and I hope you'd find the format convenient for you. Your feedback is very appreciated, and please feel free to sign up if you like it. 📝 Editorial  The recent emergence of pre-trained language models and transformer architectures pushed the creation of larger and larger machine learning models. Google’s BERT presented attention mechanism and transformer architecture possibilities as the “next big thing” in ML, and the numbers seem surreal. OpenAI’s GPT-2 set a record by processing 1.5 billion parameters, followed by Microsoft’s Turing-NLG, which processed 17 billion parameters just to see the new GPT-3 processing an astonishing 175 billion parameters. To not feel complacent, just this week Microsoft announced a new release of its DeepSpeed framework (which powers Turing-NLG), which can train a model with up to a trillion parameters. That sounds insane but it really isn’t.   What we are seeing is a consequence of several factors. First, computation power and parallelization techniques have evolved to a point where it is relatively easy to train machine learning models in large clusters of machines. Second and most importantly, in the current state of machine learning, larger models have regularly outperformed smaller and more specialized models. Knowledge reusability methods like transfer learning are still in very nascent stages. As a result, it’s really hard to build small models that can operate in uncertain environments. Furthermore, as models like GPT-3 and Turing-NLG have shown, there is some unexplainable magic that happens after models go past a certain size. Many of the immediate machine learning problems might be solved by scaling the current generation of neural network architectures. Plain and simple, when it comes to machine learning, size matters.   We would love to hear your opinions about the debate between broader-larger vs. smaller and more specialized models.   Leave a comment Now, to the most important developments in the AI industry this week 🔎 ML Research GPT-3 Falls Short in Machine Comprehension Proposed by researchers from a few major American universities, a 57-task test to measure models’ ability to reason poses challenges even for sophisticated models like GPT-3 ->read more in the original paper Better Text Summarization OpenAI published a paper showing a reinforcement learning with human feedback technique that can surpass supervised models ->read more on OpenAI blog Reinforcement Learning with Offline Datasets Researchers from the Berkeley AI Research (BAIR) Lab published a paper unveiling a method that uses offline datasets to improve reinforcement learning models->read more on BAIR blog 🤖 Cool AI Tech Releases New Version of DeepSpeed Microsoft open-sourced a new version of DeepSpeed, an open-source library for parallelizable training that can scale up to models with 1 trillion parameters->read more on Microsoft Research blog 💸 Money in AI AI-powered customer experience management platform Sprinklr has raised $200 million (kudos to our subscribers from Sprinklr 👏). Sprinklr's “AI listening processing” solution allows companies to get structured and meaningful sentiments and insights from unstructured customer data that comes from public conversations on different websites and social platforms. Xometry, an on-demand industrial parts marketplace, raises $75 million in Series E funding. The company provides a digital way of creating the right combination of buyers and manufacturers. Another example of AI implementation into matching two sides for a deal. Real estate tech company Orchard raises $69 million in its recent funding round. Orchard aims to digitize the whole real estate market, by developing a solution that combines machine learning and rapid human assistance to smooth the search, match the right deal, and simplify buying and selling relationships. Cybersecurity startup Pcysys raised $25 million in its funding round. Pcysys’ platform, which doesn’t require installation or network reconfiguration, uses algorithms to scan and “ethically” attack enterprise networks. Robotics farming company Iron Ox raised $20 million in a funding round. The system of farming robots is still semi-autonomous, the company’s goal is to become fully autonomous.  Insurtech company Descartes Underwriting raised $18.5 million. The company applies AI and machine learning technologies to climate risk predicting and insurance underwriting. Legaltech startup ThoughtRiver raised $10 million in its Series A round. Its AI solution applied to contract pre-screening aims to boost operational efficiency. Medtech startup Skin Analytics raised $5.1 million in Series A funding. Skin Analytics has developed a clinically validated AI system that can identify not only the important skin cancers but also precancerous lesions that can be treated, as well as a range of lesions that are benign. Amazon, along with several government organizations and three other industry partners, helped fund the National Science Foundation, a high-priority AI research initiative. The amount of funding is not disclosed. The content of TheSequence is written by Jesus Rodriguez, one of the most-read contributors to KDNuggets and TDS. You can check his Medium here.

[P]MMML | Deploy HuggingFace training model rapidly based on MetaSpore

A few days ago, HuggingFace announced a $100 million Series C funding round, which was big news in open source machine learning and could be a sign of where the industry is headed. Two days before the HuggingFace funding announcement, open-source machine learning platform MetaSpore released a demo based on the HuggingFace Rapid deployment pre-training model. As deep learning technology makes innovative breakthroughs in computer vision, natural language processing, speech understanding, and other fields, more and more unstructured data are perceived, understood, and processed by machines. These advances are mainly due to the powerful learning ability of deep learning. Through pre-training of deep models on massive data, the models can capture the internal data patterns, thus helping many downstream tasks. With the industry and academia investing more and more energy in the research of pre-training technology, the distribution warehouses of pre-training models such as HuggingFace and Timm have emerged one after another. The open-source community release pre-training significant model dividends at an unprecedented speed. In recent years, the data form of machine modeling and understanding has gradually evolved from single-mode to multi-mode, and the semantic gap between different modes is being eliminated, making it possible to retrieve data across modes. Take CLIP, OpenAI’s open-source work, as an example, to pre-train the twin towers of images and texts on a dataset of 400 million pictures and texts and connect the semantics between pictures and texts. Many researchers in the academic world have been solving multimodal problems such as image generation and retrieval based on this technology. Although the frontier technology through the semantic gap between modal data, there is still a heavy and complicated model tuning, offline data processing, high performance online reasoning architecture design, heterogeneous computing, and online algorithm be born multiple processes and challenges, hindering the frontier multimodal retrieval technologies fall to the ground and pratt &whitney. DMetaSoul aims at the above technical pain points, abstracting and uniting many links such as model training optimization, online reasoning, and algorithm experiment, forming a set of solutions that can quickly apply offline pre-training model to online. This paper will introduce how to use the HuggingFace community pre-training model to conduct online reasoning and algorithm experiments based on MetaSpore technology ecology so that the benefits of the pre-training model can be fully released to the specific business or industry and small and medium-sized enterprises. And we will give the text search text and text search graph two multimodal retrieval demonstration examples for your reference. Multimodal semantic retrieval The sample architecture of multimodal retrieval is as follows: Our multimodal retrieval system supports both text search and text search application scenarios, including offline processing, model reasoning, online services, and other core modules: ​ https://preview.redd.it/w4v4c7vcez291.png?width=1834&format=png&auto=webp&s=0687efb1fddb26e8e30cb844d398ec712b947f31 Offline processing, including offline data processing processes for different application scenarios of text search and text search, including model tuning, model export, data index database construction, data push, etc. Model inference. After the offline model training, we deployed our NLP and CV large models based on the MetaSpore Serving framework. MetaSpore Serving helps us conveniently perform online inference, elastic scheduling, load balancing, and resource scheduling in heterogeneous environments. Online services. Based on MetaSpore’s online algorithm application framework, MetaSpore has a complete set of reusable online search services, including Front-end retrieval UI, multimodal data preprocessing, vector recall and sorting algorithm, AB experimental framework, etc. MetaSpore also supports text search by text and image scene search by text and can be migrated to other application scenarios at a low cost. The HuggingFace open source community has provided several excellent baseline models for similar multimodal retrieval problems, which are often the starting point for actual optimization in the industry. MetaSpore also uses the pre-training model of the HuggingFace community in its online services of searching words by words and images by words. Searching words by words is based on the semantic similarity model of the question and answer field optimized by MetaSpore, and searching images by words is based on the community pre-training model. These community open source pre-training models are exported to the general ONNX format and loaded into MetaSpore Serving for online reasoning. The following sections will provide a detailed description of the model export and online retrieval algorithm services. The reasoning part of the model is standardized SAAS services with low coupling with the business. Interested readers can refer to my previous post: The design concept of MetaSpore, a new generation of the one-stop machine learning platform. 1.1 Offline Processing Offline processing mainly involves the export and loading of online models and index building and pushing of the document library. You can follow the step-by-step instructions below to complete the offline processing of text search and image search and see how the offline pre-training model achieves reasoning at MetaSpore. 1.1.1 Search text by text Traditional text retrieval systems are based on literal matching algorithms such as BM25. Due to users’ diverse query words, a semantic gap between query words and documents is often encountered. For example, users misspell “iPhone” as “Phone,” and search terms are incredibly long, such as “1 \~ 3 months old baby autumn small size bag pants”. Traditional text retrieval systems will use spelling correction, synonym expansion, search terms rewriting, and other means to alleviate the semantic gap but fundamentally fail to solve this problem. Only when the retrieval system fully understands users’ query terms and documents can it meet users’ retrieval demands at the semantic level. With the continuous progress of pre-training and representational learning technology, some commercial search engines continue to integrate semantic vector retrieval methods based on symbolic learning into the retrieval ecology. Semantic retrieval model This paper introduces a set of semantic vector retrieval applications. MetaSpore built a set of semantic retrieval systems based on encyclopedia question and answer data. MetaSpore adopted the Sentence-Bert model as the semantic vector representation model, which fine-tunes the twin tower BERT in supervised or unsupervised ways to make the model more suitable for retrieval tasks. The model structure is as follows: The query-Doc symmetric two-tower model is used in text search and question and answer retrieval. The vector representation of online Query and offline DOC share the same vector representation model, so it is necessary to ensure the consistency of the offline DOC library building model and online Query inference model. The case uses MetaSpore’s text representation model Sbert-Chinese-QMC-domain-V1, optimized in the open-source semantically similar data set. This model will express the question and answer data as a vector in offline database construction. The user query will be expressed as a vector by this model in online retrieval, ensuring that query-doc in the same semantic space, users’ semantic retrieval demands can be guaranteed by vector similarity metric calculation. Since the text presentation model does vector encoding for Query online, we need to export the model for use by the online service. Go to the q&A data library code directory and export the model concerning the documentation. In the script, Pytorch Tracing is used to export the model. The models are exported to the “./export “directory. The exported models are mainly ONNX models used for wired reasoning, Tokenizer, and related configuration files. The exported models are loaded into MetaSpore Serving by the online Serving system described below for model reasoning. Since the exported model will be copied to the cloud storage, you need to configure related variables in env.sh. \Build library based on text search \ The retrieval database is built on the million-level encyclopedia question and answer data set. According to the description document, you need to download the data and complete the database construction. The question and answer data will be coded as a vector by the offline model, and then the database construction data will be pushed to the service component. The whole process of database construction is described as follows: Preprocessing, converting the original data into a more general JSonline format for database construction; Build index, use the same model as online “sbert-Chinese-qmc-domain-v1” to index documents (one document object per line); Push inverted (vector) and forward (document field) data to each component server. The following is an example of the database data format. After offline database construction is completed, various data are pushed to corresponding service components, such as Milvus storing vector representation of documents and MongoDB storing summary information of documents. Online retrieval algorithm services will use these service components to obtain relevant data. 1.1.2 Search by text Text and images are easy for humans to relate semantically but difficult for machines. First of all, from the perspective of data form, the text is the discrete ID type of one-dimensional data based on words and words. At the same time, images are continuous two-dimensional or three-dimensional data. Secondly, the text is a subjective creation of human beings, and its expressive ability is vibrant, including various turning points, metaphors, and other expressions, while images are machine representations of the objective world. In short, bridging the semantic gap between text and image data is much more complex than searching text by text. The traditional text search image retrieval technology generally relies on the external text description data of the image or the nearest neighbor retrieval technology and carries out the retrieval through the image associated text, which in essence degrades the problem to text search. However, it will also face many issues, such as obtaining the associated text of pictures and whether the accuracy of text search by text is high enough. The depth model has gradually evolved from single-mode to multi-mode in recent years. Taking the open-source project of OpenAI, CLIP, as an example, train the model through the massive image and text data of the Internet and map the text and image data into the same semantic space, making it possible to implement the text and image search technology based on semantic vector. CLIP graphic model The text search pictures introduced in this paper are implemented based on semantic vector retrieval, and the CLIP pre-training model is used as the two-tower retrieval architecture. Because the CLIP model has trained the semantic alignment of the twin towers’ text and image side models on the massive graphic and text data, it is particularly suitable for the text search graph scene. Due to the different image and text data forms, the Query-Doc asymmetric twin towers model is used for text search image retrieval. The image-side model of the twin towers is used for offline database construction, and the text-side model is used for the online return. In the final online retrieval, the database data of the image side model will be searched after the text side model encodes Query, and the CLIP pre-training model guarantees the semantic correlation between images and texts. The model can draw the graphic pairs closer in vector space by pre-training on a large amount of visual data. Here we need to export the text-side model for online MetaSpore Serving inference. Since the retrieval scene is based on Chinese, the CLIP model supporting Chinese understanding is selected. The exported content includes the ONNX model used for online reasoning and Tokenizer, similar to the text search. MetaSpore Serving can load model reasoning through the exported content. Build library on Image search You need to download the Unsplash Lite library data and complete the construction according to the instructions. The whole process of database construction is described as follows: Preprocessing, specify the image directory, and then generate a more general JSOnline file for library construction; Build index, use OpenAI/Clip-Vit-BASE-Patch32 pre-training model to index the gallery, and output one document object for each line of index data; Push inverted (vector) and forward (document field) data to each component server. Like text search, after offline database construction, relevant data will be pushed to service components, called by online retrieval algorithm services to obtain relevant data. 1.2 Online Services The overall online service architecture diagram is as follows: https://preview.redd.it/jfsl8hdfez291.png?width=1280&format=png&auto=webp&s=a858e2304a0c93e78ba5429612ca08cbee69b35a Multi-mode search online service system supports application scenarios such as text search and text search. The whole online service consists of the following parts: Query preprocessing service: encapsulate preprocessing logic (including text/image, etc.) of pre-training model, and provide services through gRPC interface; Retrieval algorithm service: the whole algorithm processing link includes AB experiment tangent flow configuration, MetaSpore Serving call, vector recall, sorting, document summary, etc.; User entry service: provides a Web UI interface for users to debug and track down problems in the retrieval service. From a user request perspective, these services form invocation dependencies from back to front, so to build up a multimodal sample, you need to run each service from front to back first. Before doing this, remember to export the offline model, put it online and build the library first. This article will introduce the various parts of the online service system and make the whole service system step by step according to the following guidance. See the ReadME at the end of this article for more details. 1.2.1 Query preprocessing service Deep learning models tend to be based on tensors, but NLP/CV models often have a preprocessing part that translates raw text and images into tensors that deep learning models can accept. For example, NLP class models often have a pre-tokenizer to transform text data of string type into discrete tensor data. CV class models also have similar processing logic to complete the cropping, scaling, transformation, and other processing of input images through preprocessing. On the one hand, considering that this part of preprocessing logic is decoupled from tensor reasoning of the depth model, on the other hand, the reason of the depth model has an independent technical system based on ONNX, so MetaSpore disassembled this part of preprocessing logic. NLP pretreatment Tokenizer has been integrated into the Query pretreatment service. MetaSpore dismantlement with a relatively general convention. Users only need to provide preprocessing logic files to realize the loading and prediction interface and export the necessary data and configuration files loaded into the preprocessing service. Subsequent CV preprocessing logic will also be integrated in this manner. The preprocessing service currently provides the gRPC interface invocation externally and is dependent on the Query preprocessing (QP) module in the retrieval algorithm service. After the user request reaches the retrieval algorithm service, it will be forwarded to the service to complete the data preprocessing and continue the subsequent processing. The ReadMe provides details on how the preprocessing service is started, how the preprocessing model exported offline to cloud storage enters the service, and how to debug the service. To further improve the efficiency and stability of model reasoning, MetaSpore Serving implements a Python preprocessing submodule. So MetaSpore can provide gRPC services through user-specified preprocessor.py, complete Tokenizer or CV-related preprocessing in NLP, and translate requests into a Tensor that deep models can handle. Finally, the model inference is carried out by MetaSpore, Serving subsequent sub-modules. Presented here on the lot code: https://github.com/meta-soul/MetaSpore/compare/add\python\preprocessor 1.2.2 Retrieval algorithm services Retrieval algorithm service is the core of the whole online service system, which is responsible for the triage of experiments, the assembly of algorithm chains such as preprocessing, recall, sorting, and the invocation of dependent component services. The whole retrieval algorithm service is developed based on the Java Spring framework and supports multi-mode retrieval scenarios of text search and text search graph. Due to good internal abstraction and modular design, it has high flexibility and can be migrated to similar application scenarios at a low cost. Here’s a quick guide to configuring the environment to set up the retrieval algorithm service. See ReadME for more details: Install dependent components. Use Maven to install the online-Serving component Search for service configurations. Copy the template configuration file and replace the MongoDB, Milvus, and other configurations based on the development/production environment. Install and configure Consul. Consul allows you to synchronize the search service configuration in real-time, including cutting the flow of experiments, recall parameters, and sorting parameters. The project’s configuration file shows the current configuration parameters of text search and text search. The parameter modelName in the stage of pretreatment and recall is the corresponding model exported in offline processing. Start the service. Once the above configuration is complete, the retrieval service can be started from the entry script. Once the service is started, you can test it! For example, for a user with userId=10 who wants to query “How to renew ID card,” access the text search service. 1.2.3 User Entry Service Considering that the retrieval algorithm service is in the form of the API interface, it is difficult to locate and trace the problem, especially for the text search image scene can intuitively display the retrieval results to facilitate the iterative optimization of the retrieval algorithm. This paper provides a lightweight Web UI interface for text search and image search, a search input box, and results in a display page for users. Developed by Flask, the service can be easily integrated with other retrieval applications. The service calls the retrieval algorithm service and displays the returned results on the page. It’s also easy to install and start the service. Once you’re done, go to http://127.0.0.1:8090 to see if the search UI service is working correctly. See the ReadME at the end of this article for details. Multimodal system demonstration The multimodal retrieval service can be started when offline processing and online service environment configuration have been completed following the above instructions. Examples of textual searches are shown below. Enter the entry of the text search map application, enter “cat” first, and you can see that the first three digits of the returned result are cats: https://preview.redd.it/0n5nuyvhez291.png?width=1280&format=png&auto=webp&s=1e9c054f541d53381674b8d6001b4bf524506bd2 If you add a color constraint to “cat” to retrieve “black cat,” you can see that it does return a black cat: https://preview.redd.it/rzc0qjyjez291.png?width=1280&format=png&auto=webp&s=d5bcc503ef0fb3360c7740e60e295cf372dcad47 Further, strengthen the constraint on the search term, change it to “black cat on the bed,” and return results containing pictures of a black cat climbing on the bed: ​ https://preview.redd.it/c4b2q8olez291.png?width=1280&format=png&auto=webp&s=4f3817b0b9f07e1e68d1d4a8281702ba3834a00a The cat can still be found through the text search system after the color and scene modification in the above example. Conclusion The cutting-edge pre-training technology can bridge the semantic gap between different modes, and the HuggingFace community can greatly reduce the cost for developers to use the pre-training model. Combined with the technological ecology of MetaSpore online reasoning and online microservices provided by DMetaSpore, the pre-training model is no longer mere offline dabbling. Instead, it can truly achieve end-to-end implementation from cutting-edge technology to industrial scenarios, fully releasing the dividends of the pre-training large model. In the future, DMetaSoul will continue to improve and optimize the MetaSpore technology ecosystem: More automated and wider access to HuggingFace community ecology. MetaSpore will soon release a common model rollout mechanism to make HuggingFace ecologically accessible and will later integrate preprocessing services into online services. Multi-mode retrieval offline algorithm optimization. For multimodal retrieval scenarios, MetaSpore will continuously iteratively optimize offline algorithm components, including text recall/sort model, graphic recall/sort model, etc., to improve the accuracy and efficiency of the retrieval algorithm. For related code and reference documentation in this article, please visit: https://github.com/meta-soul/MetaSpore/tree/main/demo/multimodal/online Some images source: https://github.com/openai/CLIP/raw/main/CLIP.png https://www.sbert.net/examples/training/sts/README.html

🌟 Introducing DarwinAI: An Open-Source Platform for the Evolution of Intelligent Agents 🚀 [Project]

🌱 The Vision: Evolutionary AI at Your Fingertips Imagine a world where AI agents aren't just programmed to perform tasks but evolve over time, adapting and improving through generations, much like living organisms. Welcome to DarwinAI, an open-source platform inspired by biological evolution, designed to breed, train, and evolve AI agents that can tackle complex, dynamic, and unpredictable challenges. 🧬 The Genetic Blueprint: Building Blocks of Intelligence At the core of DarwinAI is the concept of a digital DNA for each AI agent. This DNA is a modular structure that defines the agent's capabilities, behaviors, and adaptability. Here's what makes up this digital DNA: Genes of Ability: These are snippets of code that represent specific functions, like data classification, text analysis, or optimization. Think of them as the skills your AI agent possesses. Genes of Adaptation: These genes control how the agent responds to different environments or contexts. They determine its flexibility and resilience in the face of changing conditions. Genes of Connection: These define how the agent interacts with other agents or external resources. They are the social and collaborative aspects of the agent. This digital DNA is stored in a structured, version-controlled database, allowing us to track the evolution of each agent and ensure that beneficial mutations are preserved over time. 🛠️ The Evolutionary Process: From Genesis to Mastery The evolution of AI agents in DarwinAI happens through a series of generations, each building upon the strengths of the previous one: Selection of Parents: The fittest agents, those that excel at specific tasks, are chosen as parents. These agents have proven their worth in the simulated environment and are prime candidates for breeding the next generation. Genetic Crossover: The digital DNA of these parent agents is combined to create new agents. This can happen in two ways: Direct Crossover: Where entire genes are copied from the parents. Combinatorial Crossover: Where parts of different genes are fused to create entirely new abilities. Mutations: Random, small changes are introduced into the genes to promote diversity and explore new solutions. These mutations are the wildcards that can lead to breakthrough abilities. 🌍 The Simulated Environment: A Playground for Evolution Agents don't just exist in a vacuum; they operate in a dynamic, simulated environment where they must adapt and survive. This environment is designed to challenge the agents with: Evolutionary Tasks: Problems that agents must solve, such as data classification, prediction, or content generation. Changing Contexts: Factors like noisy data, resource constraints, or new rules that force agents to adapt on the fly. 🐣 The Life Cycle of an Agent: From Birth to Legacy Each agent goes through a life cycle that mirrors the process of natural selection: Initial Learning: Agents receive initial training based on their digital DNA. Task Execution: They perform tasks in the simulated environment, where their abilities are put to the test. Performance Evaluation: Their effectiveness, adaptability, and efficiency are measured. Reproduction: The top-performing agents produce offspring with improved genetic traits. Discard and Archive: Less effective agents are archived for future analysis, ensuring that their lessons are not lost. 🧩 Knowledge Transfer: Passing the Torch One of the key aspects of DarwinAI is the ability for agents to pass on their learned knowledge to future generations: Weight Persistence: Trained models retain their learned weights, allowing them to inherit capabilities from their ancestors. Modular Transfer: Optimized ability genes can be directly copied to new generations, ensuring that valuable skills are preserved. 🛠️ Modularity and Extensibility: Build, Mix, and Evolve DarwinAI is designed to be highly modular and extensible, allowing for: New Capabilities: Easily incorporate new genes to expand the agents' abilities over time. Hybridization: Combine agents from different specializations to create more complex and versatile agents. Directed Evolution: Introduce controlled mutations to address specific problems or challenges. 🚀 Innovative Use Cases: The Future is Bright The potential applications of DarwinAI are vast and varied: Adaptive Automation: Create agents that can adapt to new market conditions or evolving industrial requirements. Collaborative Robots: Develop robots that evolve to improve teamwork in dynamic environments. Scientific Discovery: Agents that combine skills to uncover patterns or solutions that were previously unknown. 🚀 Vision for the Future: An Ecosystem of Evolving Intelligence By fostering an ecosystem where knowledge is accumulated and adaptability is paramount, DarwinAI aims to produce agents that are not only intelligent but also diverse and efficient. These agents will be equipped to handle complex, unpredictable challenges, opening up new frontiers in AI research and application. 🌐 Join Us in Shaping the Future of AI! DarwinAI is more than just a project; it's a community-driven movement towards a new era of AI. We invite you to join us, contribute your ideas, and help shape the future of evolutionary AI. Whether you're a developer, researcher, or simply someone excited about the potential of AI, there's a place for you in this journey. Let's evolve together! 🌱💻

[N] New Trends to Power Faster Artificial Intelligence and Machine Learning Adoption?

In 2012, Google X lab created a neural network that can identify cats. Since then, technology companies have been increasingly adopting AI/ML on a large scale to build better applications and services for consumers (ToC). On the other hand, AI/ML's adoption on the enterprises' side (ToB) has yet to see the same growth trajectory due to the costs and complexities in both hardware and software. However, Since 2020, we started noticing three emerging tech trends that can help accelerate enterprises' adoption of AI/ML. Breakthrough in semiconductors: In 2020, Nvidia debut the concept of "Data Processing Unit," a new class of programmable processors that combine high-performance CPU with SmartNiC (network interface controller). Data centers can deploy DPUs to optimize computing offload and frees up CPUs to focus on intended tasks, such as machine learning. DPUs help resolve a significant bottleneck for ML training, where models, sometimes with billions of parameters, are way too big for traditional CPUs and GPUs to handle. Other leading semiconductor players, such as Marvell and Xilinx, follow suit with their in-house or partner-designed DPUs. Industry analysts have forecasted that the market size for DPUs in data centers alone could reach $50 billion by 2025. ​ https://preview.redd.it/l436muluhnn61.png?width=1430&format=png&auto=webp&s=ba8d1298056ea31bddd25f1596ff64b7e107580a Breakthrough in software: we also saw significant progress of "Conversational AI," a new form of AI that can understand and speak languages with human-like accuracy, in 2020. Conversational AI allows two-way interactions and provides a much better user experience than traditional AI-powered Chatbot, mostly a one-way response system. The secret of conversational AI is its ability to handle lots of human conversation variance. Developers have designed innovative algorithms such as "Switch transformers" and "Sparse training" to enable models to handle vast amounts of data. The size of conversational AI training models is enormous and keeps expanding. For example, in February 2021, Google Brain announced a model with 1.6 trillion parameters, nine times the size of the famous Open AI GPT-3 (175 billion parameters) unveiled in July 2020. GPT-3 is 100+ times bigger than GPT-2 introduced in 2019. ​ https://preview.redd.it/oajpi2yvhnn61.png?width=1430&format=png&auto=webp&s=1482913a98e17ddc1d62cc79864598d4012ad6f7 Cloud giants are expanding machine-learning platforms for developers. Andy Jassy famously said that "AI is shifting from a niche experiment inside technical departments to becoming more mainstream in business processes." in the 2020 AWS reInvent. During the conference, AWS rolled out many AI products across the technology stack, including AI chips (AWS Trainium), database (Aurora Machine Learning), and vertical solutions (Amazon Healthlake), etc. However, the most significant development is the drastic expansion of "Amazon SageMaker," one of the largest cloud machine-learning platforms. SageMaker has been offering new features to make it easier for developers to automate machine learning workflow. Microsoft Azure and Google Cloud are also growing their ML developer platforms. ​ https://preview.redd.it/z9wf2o8xhnn61.png?width=1430&format=png&auto=webp&s=9f607acfe8f0dbf36fb9b472f3cb40b80f13879e Witnessing these breakthroughs in semiconductor and software, coupled with cloud giants' effort to democratize AI, we see a coming inflection point of accelerated AI adoption in both ToC and ToB markets. So how do we benefit from this megatrend? In semiconductors, we like companies with DPUs exposure. In AI development and processing, we favor multi-cloud AI platforms such as Databricks. In enterprise software, we believe there will be a strong wave of new AI-based enterprise applications that can be creative and efficient in solving real-world problems.

[P]MMML | Deploy HuggingFace training model rapidly based on MetaSpore

A few days ago, HuggingFace announced a $100 million Series C funding round, which was big news in open source machine learning and could be a sign of where the industry is headed. Two days before the HuggingFace funding announcement, open-source machine learning platform MetaSpore released a demo based on the HuggingFace Rapid deployment pre-training model. As deep learning technology makes innovative breakthroughs in computer vision, natural language processing, speech understanding, and other fields, more and more unstructured data are perceived, understood, and processed by machines. These advances are mainly due to the powerful learning ability of deep learning. Through pre-training of deep models on massive data, the models can capture the internal data patterns, thus helping many downstream tasks. With the industry and academia investing more and more energy in the research of pre-training technology, the distribution warehouses of pre-training models such as HuggingFace and Timm have emerged one after another. The open-source community release pre-training significant model dividends at an unprecedented speed. In recent years, the data form of machine modeling and understanding has gradually evolved from single-mode to multi-mode, and the semantic gap between different modes is being eliminated, making it possible to retrieve data across modes. Take CLIP, OpenAI’s open-source work, as an example, to pre-train the twin towers of images and texts on a dataset of 400 million pictures and texts and connect the semantics between pictures and texts. Many researchers in the academic world have been solving multimodal problems such as image generation and retrieval based on this technology. Although the frontier technology through the semantic gap between modal data, there is still a heavy and complicated model tuning, offline data processing, high performance online reasoning architecture design, heterogeneous computing, and online algorithm be born multiple processes and challenges, hindering the frontier multimodal retrieval technologies fall to the ground and pratt &whitney. DMetaSoul aims at the above technical pain points, abstracting and uniting many links such as model training optimization, online reasoning, and algorithm experiment, forming a set of solutions that can quickly apply offline pre-training model to online. This paper will introduce how to use the HuggingFace community pre-training model to conduct online reasoning and algorithm experiments based on MetaSpore technology ecology so that the benefits of the pre-training model can be fully released to the specific business or industry and small and medium-sized enterprises. And we will give the text search text and text search graph two multimodal retrieval demonstration examples for your reference. Multimodal semantic retrieval The sample architecture of multimodal retrieval is as follows: Our multimodal retrieval system supports both text search and text search application scenarios, including offline processing, model reasoning, online services, and other core modules: ​ https://preview.redd.it/w4v4c7vcez291.png?width=1834&format=png&auto=webp&s=0687efb1fddb26e8e30cb844d398ec712b947f31 Offline processing, including offline data processing processes for different application scenarios of text search and text search, including model tuning, model export, data index database construction, data push, etc. Model inference. After the offline model training, we deployed our NLP and CV large models based on the MetaSpore Serving framework. MetaSpore Serving helps us conveniently perform online inference, elastic scheduling, load balancing, and resource scheduling in heterogeneous environments. Online services. Based on MetaSpore’s online algorithm application framework, MetaSpore has a complete set of reusable online search services, including Front-end retrieval UI, multimodal data preprocessing, vector recall and sorting algorithm, AB experimental framework, etc. MetaSpore also supports text search by text and image scene search by text and can be migrated to other application scenarios at a low cost. The HuggingFace open source community has provided several excellent baseline models for similar multimodal retrieval problems, which are often the starting point for actual optimization in the industry. MetaSpore also uses the pre-training model of the HuggingFace community in its online services of searching words by words and images by words. Searching words by words is based on the semantic similarity model of the question and answer field optimized by MetaSpore, and searching images by words is based on the community pre-training model. These community open source pre-training models are exported to the general ONNX format and loaded into MetaSpore Serving for online reasoning. The following sections will provide a detailed description of the model export and online retrieval algorithm services. The reasoning part of the model is standardized SAAS services with low coupling with the business. Interested readers can refer to my previous post: The design concept of MetaSpore, a new generation of the one-stop machine learning platform. 1.1 Offline Processing Offline processing mainly involves the export and loading of online models and index building and pushing of the document library. You can follow the step-by-step instructions below to complete the offline processing of text search and image search and see how the offline pre-training model achieves reasoning at MetaSpore. 1.1.1 Search text by text Traditional text retrieval systems are based on literal matching algorithms such as BM25. Due to users’ diverse query words, a semantic gap between query words and documents is often encountered. For example, users misspell “iPhone” as “Phone,” and search terms are incredibly long, such as “1 \~ 3 months old baby autumn small size bag pants”. Traditional text retrieval systems will use spelling correction, synonym expansion, search terms rewriting, and other means to alleviate the semantic gap but fundamentally fail to solve this problem. Only when the retrieval system fully understands users’ query terms and documents can it meet users’ retrieval demands at the semantic level. With the continuous progress of pre-training and representational learning technology, some commercial search engines continue to integrate semantic vector retrieval methods based on symbolic learning into the retrieval ecology. Semantic retrieval model This paper introduces a set of semantic vector retrieval applications. MetaSpore built a set of semantic retrieval systems based on encyclopedia question and answer data. MetaSpore adopted the Sentence-Bert model as the semantic vector representation model, which fine-tunes the twin tower BERT in supervised or unsupervised ways to make the model more suitable for retrieval tasks. The model structure is as follows: The query-Doc symmetric two-tower model is used in text search and question and answer retrieval. The vector representation of online Query and offline DOC share the same vector representation model, so it is necessary to ensure the consistency of the offline DOC library building model and online Query inference model. The case uses MetaSpore’s text representation model Sbert-Chinese-QMC-domain-V1, optimized in the open-source semantically similar data set. This model will express the question and answer data as a vector in offline database construction. The user query will be expressed as a vector by this model in online retrieval, ensuring that query-doc in the same semantic space, users’ semantic retrieval demands can be guaranteed by vector similarity metric calculation. Since the text presentation model does vector encoding for Query online, we need to export the model for use by the online service. Go to the q&A data library code directory and export the model concerning the documentation. In the script, Pytorch Tracing is used to export the model. The models are exported to the “./export “directory. The exported models are mainly ONNX models used for wired reasoning, Tokenizer, and related configuration files. The exported models are loaded into MetaSpore Serving by the online Serving system described below for model reasoning. Since the exported model will be copied to the cloud storage, you need to configure related variables in env.sh. \Build library based on text search \ The retrieval database is built on the million-level encyclopedia question and answer data set. According to the description document, you need to download the data and complete the database construction. The question and answer data will be coded as a vector by the offline model, and then the database construction data will be pushed to the service component. The whole process of database construction is described as follows: Preprocessing, converting the original data into a more general JSonline format for database construction; Build index, use the same model as online “sbert-Chinese-qmc-domain-v1” to index documents (one document object per line); Push inverted (vector) and forward (document field) data to each component server. The following is an example of the database data format. After offline database construction is completed, various data are pushed to corresponding service components, such as Milvus storing vector representation of documents and MongoDB storing summary information of documents. Online retrieval algorithm services will use these service components to obtain relevant data. 1.1.2 Search by text Text and images are easy for humans to relate semantically but difficult for machines. First of all, from the perspective of data form, the text is the discrete ID type of one-dimensional data based on words and words. At the same time, images are continuous two-dimensional or three-dimensional data. Secondly, the text is a subjective creation of human beings, and its expressive ability is vibrant, including various turning points, metaphors, and other expressions, while images are machine representations of the objective world. In short, bridging the semantic gap between text and image data is much more complex than searching text by text. The traditional text search image retrieval technology generally relies on the external text description data of the image or the nearest neighbor retrieval technology and carries out the retrieval through the image associated text, which in essence degrades the problem to text search. However, it will also face many issues, such as obtaining the associated text of pictures and whether the accuracy of text search by text is high enough. The depth model has gradually evolved from single-mode to multi-mode in recent years. Taking the open-source project of OpenAI, CLIP, as an example, train the model through the massive image and text data of the Internet and map the text and image data into the same semantic space, making it possible to implement the text and image search technology based on semantic vector. CLIP graphic model The text search pictures introduced in this paper are implemented based on semantic vector retrieval, and the CLIP pre-training model is used as the two-tower retrieval architecture. Because the CLIP model has trained the semantic alignment of the twin towers’ text and image side models on the massive graphic and text data, it is particularly suitable for the text search graph scene. Due to the different image and text data forms, the Query-Doc asymmetric twin towers model is used for text search image retrieval. The image-side model of the twin towers is used for offline database construction, and the text-side model is used for the online return. In the final online retrieval, the database data of the image side model will be searched after the text side model encodes Query, and the CLIP pre-training model guarantees the semantic correlation between images and texts. The model can draw the graphic pairs closer in vector space by pre-training on a large amount of visual data. Here we need to export the text-side model for online MetaSpore Serving inference. Since the retrieval scene is based on Chinese, the CLIP model supporting Chinese understanding is selected. The exported content includes the ONNX model used for online reasoning and Tokenizer, similar to the text search. MetaSpore Serving can load model reasoning through the exported content. Build library on Image search You need to download the Unsplash Lite library data and complete the construction according to the instructions. The whole process of database construction is described as follows: Preprocessing, specify the image directory, and then generate a more general JSOnline file for library construction; Build index, use OpenAI/Clip-Vit-BASE-Patch32 pre-training model to index the gallery, and output one document object for each line of index data; Push inverted (vector) and forward (document field) data to each component server. Like text search, after offline database construction, relevant data will be pushed to service components, called by online retrieval algorithm services to obtain relevant data. 1.2 Online Services The overall online service architecture diagram is as follows: https://preview.redd.it/jfsl8hdfez291.png?width=1280&format=png&auto=webp&s=a858e2304a0c93e78ba5429612ca08cbee69b35a Multi-mode search online service system supports application scenarios such as text search and text search. The whole online service consists of the following parts: Query preprocessing service: encapsulate preprocessing logic (including text/image, etc.) of pre-training model, and provide services through gRPC interface; Retrieval algorithm service: the whole algorithm processing link includes AB experiment tangent flow configuration, MetaSpore Serving call, vector recall, sorting, document summary, etc.; User entry service: provides a Web UI interface for users to debug and track down problems in the retrieval service. From a user request perspective, these services form invocation dependencies from back to front, so to build up a multimodal sample, you need to run each service from front to back first. Before doing this, remember to export the offline model, put it online and build the library first. This article will introduce the various parts of the online service system and make the whole service system step by step according to the following guidance. See the ReadME at the end of this article for more details. 1.2.1 Query preprocessing service Deep learning models tend to be based on tensors, but NLP/CV models often have a preprocessing part that translates raw text and images into tensors that deep learning models can accept. For example, NLP class models often have a pre-tokenizer to transform text data of string type into discrete tensor data. CV class models also have similar processing logic to complete the cropping, scaling, transformation, and other processing of input images through preprocessing. On the one hand, considering that this part of preprocessing logic is decoupled from tensor reasoning of the depth model, on the other hand, the reason of the depth model has an independent technical system based on ONNX, so MetaSpore disassembled this part of preprocessing logic. NLP pretreatment Tokenizer has been integrated into the Query pretreatment service. MetaSpore dismantlement with a relatively general convention. Users only need to provide preprocessing logic files to realize the loading and prediction interface and export the necessary data and configuration files loaded into the preprocessing service. Subsequent CV preprocessing logic will also be integrated in this manner. The preprocessing service currently provides the gRPC interface invocation externally and is dependent on the Query preprocessing (QP) module in the retrieval algorithm service. After the user request reaches the retrieval algorithm service, it will be forwarded to the service to complete the data preprocessing and continue the subsequent processing. The ReadMe provides details on how the preprocessing service is started, how the preprocessing model exported offline to cloud storage enters the service, and how to debug the service. To further improve the efficiency and stability of model reasoning, MetaSpore Serving implements a Python preprocessing submodule. So MetaSpore can provide gRPC services through user-specified preprocessor.py, complete Tokenizer or CV-related preprocessing in NLP, and translate requests into a Tensor that deep models can handle. Finally, the model inference is carried out by MetaSpore, Serving subsequent sub-modules. Presented here on the lot code: https://github.com/meta-soul/MetaSpore/compare/add\python\preprocessor 1.2.2 Retrieval algorithm services Retrieval algorithm service is the core of the whole online service system, which is responsible for the triage of experiments, the assembly of algorithm chains such as preprocessing, recall, sorting, and the invocation of dependent component services. The whole retrieval algorithm service is developed based on the Java Spring framework and supports multi-mode retrieval scenarios of text search and text search graph. Due to good internal abstraction and modular design, it has high flexibility and can be migrated to similar application scenarios at a low cost. Here’s a quick guide to configuring the environment to set up the retrieval algorithm service. See ReadME for more details: Install dependent components. Use Maven to install the online-Serving component Search for service configurations. Copy the template configuration file and replace the MongoDB, Milvus, and other configurations based on the development/production environment. Install and configure Consul. Consul allows you to synchronize the search service configuration in real-time, including cutting the flow of experiments, recall parameters, and sorting parameters. The project’s configuration file shows the current configuration parameters of text search and text search. The parameter modelName in the stage of pretreatment and recall is the corresponding model exported in offline processing. Start the service. Once the above configuration is complete, the retrieval service can be started from the entry script. Once the service is started, you can test it! For example, for a user with userId=10 who wants to query “How to renew ID card,” access the text search service. 1.2.3 User Entry Service Considering that the retrieval algorithm service is in the form of the API interface, it is difficult to locate and trace the problem, especially for the text search image scene can intuitively display the retrieval results to facilitate the iterative optimization of the retrieval algorithm. This paper provides a lightweight Web UI interface for text search and image search, a search input box, and results in a display page for users. Developed by Flask, the service can be easily integrated with other retrieval applications. The service calls the retrieval algorithm service and displays the returned results on the page. It’s also easy to install and start the service. Once you’re done, go to http://127.0.0.1:8090 to see if the search UI service is working correctly. See the ReadME at the end of this article for details. Multimodal system demonstration The multimodal retrieval service can be started when offline processing and online service environment configuration have been completed following the above instructions. Examples of textual searches are shown below. Enter the entry of the text search map application, enter “cat” first, and you can see that the first three digits of the returned result are cats: https://preview.redd.it/0n5nuyvhez291.png?width=1280&format=png&auto=webp&s=1e9c054f541d53381674b8d6001b4bf524506bd2 If you add a color constraint to “cat” to retrieve “black cat,” you can see that it does return a black cat: https://preview.redd.it/rzc0qjyjez291.png?width=1280&format=png&auto=webp&s=d5bcc503ef0fb3360c7740e60e295cf372dcad47 Further, strengthen the constraint on the search term, change it to “black cat on the bed,” and return results containing pictures of a black cat climbing on the bed: ​ https://preview.redd.it/c4b2q8olez291.png?width=1280&format=png&auto=webp&s=4f3817b0b9f07e1e68d1d4a8281702ba3834a00a The cat can still be found through the text search system after the color and scene modification in the above example. Conclusion The cutting-edge pre-training technology can bridge the semantic gap between different modes, and the HuggingFace community can greatly reduce the cost for developers to use the pre-training model. Combined with the technological ecology of MetaSpore online reasoning and online microservices provided by DMetaSpore, the pre-training model is no longer mere offline dabbling. Instead, it can truly achieve end-to-end implementation from cutting-edge technology to industrial scenarios, fully releasing the dividends of the pre-training large model. In the future, DMetaSoul will continue to improve and optimize the MetaSpore technology ecosystem: More automated and wider access to HuggingFace community ecology. MetaSpore will soon release a common model rollout mechanism to make HuggingFace ecologically accessible and will later integrate preprocessing services into online services. Multi-mode retrieval offline algorithm optimization. For multimodal retrieval scenarios, MetaSpore will continuously iteratively optimize offline algorithm components, including text recall/sort model, graphic recall/sort model, etc., to improve the accuracy and efficiency of the retrieval algorithm. For related code and reference documentation in this article, please visit: https://github.com/meta-soul/MetaSpore/tree/main/demo/multimodal/online Some images source: https://github.com/openai/CLIP/raw/main/CLIP.png https://www.sbert.net/examples/training/sts/README.html

Interview with Juergen Schmidhuber, renowned ‘Father Of Modern AI’, says his life’s work won't lead to dystopia.

Schmidhuber interview expressing his views on the future of AI and AGI. Original source. I think the interview is of interest to r/MachineLearning, and presents an alternate view, compared to other influential leaders in AI. Juergen Schmidhuber, Renowned 'Father Of Modern AI,' Says His Life’s Work Won't Lead To Dystopia May 23, 2023. Contributed by Hessie Jones. Amid the growing concern about the impact of more advanced artificial intelligence (AI) technologies on society, there are many in the technology community who fear the implications of the advancements in Generative AI if they go unchecked. Dr. Juergen Schmidhuber, a renowned scientist, artificial intelligence researcher and widely regarded as one of the pioneers in the field, is more optimistic. He declares that many of those who suddenly warn against the dangers of AI are just seeking publicity, exploiting the media’s obsession with killer robots which has attracted more attention than “good AI” for healthcare etc. The potential to revolutionize various industries and improve our lives is clear, as are the equal dangers if bad actors leverage the technology for personal gain. Are we headed towards a dystopian future, or is there reason to be optimistic? I had a chance to sit down with Dr. Juergen Schmidhuber to understand his perspective on this seemingly fast-moving AI-train that will leap us into the future. As a teenager in the 1970s, Juergen Schmidhuber became fascinated with the idea of creating intelligent machines that could learn and improve on their own, becoming smarter than himself within his lifetime. This would ultimately lead to his groundbreaking work in the field of deep learning. In the 1980s, he studied computer science at the Technical University of Munich (TUM), where he earned his diploma in 1987. His thesis was on the ultimate self-improving machines that, not only, learn through some pre-wired human-designed learning algorithm, but also learn and improve the learning algorithm itself. Decades later, this became a hot topic. He also received his Ph.D. at TUM in 1991 for work that laid some of the foundations of modern AI. Schmidhuber is best known for his contributions to the development of recurrent neural networks (RNNs), the most powerful type of artificial neural network that can process sequential data such as speech and natural language. With his students Sepp Hochreiter, Felix Gers, Alex Graves, Daan Wierstra, and others, he published architectures and training algorithms for the long short-term memory (LSTM), a type of RNN that is widely used in natural language processing, speech recognition, video games, robotics, and other applications. LSTM has become the most cited neural network of the 20th century, and Business Week called it "arguably the most commercial AI achievement." Throughout his career, Schmidhuber has received various awards and accolades for his groundbreaking work. In 2013, he was awarded the Helmholtz Prize, which recognizes significant contributions to the field of machine learning. In 2016, he was awarded the IEEE Neural Network Pioneer Award for "pioneering contributions to deep learning and neural networks." The media have often called him the “father of modern AI,” because the most cited neural networks all build on his lab’s work. He is quick to point out, however, that AI history goes back centuries. Despite his many accomplishments, at the age of 60, he feels mounting time pressure towards building an Artificial General Intelligence within his lifetime and remains committed to pushing the boundaries of AI research and development. He is currently director of the KAUST AI Initiative, scientific director of the Swiss AI Lab IDSIA, and co-founder and chief scientist of AI company NNAISENSE, whose motto is "AI∀" which is a math-inspired way of saying "AI For All." He continues to work on cutting-edge AI technologies and applications to improve human health and extend human lives and make lives easier for everyone. The following interview has been edited for clarity. Jones: Thank you Juergen for joining me. You have signed letters warning about AI weapons. But you didn't sign the recent publication, "Pause Gigantic AI Experiments: An Open Letter"? Is there a reason? Schmidhuber: Thank you Hessie. Glad to speak with you. I have realized that many of those who warn in public against the dangers of AI are just seeking publicity. I don't think the latest letter will have any significant impact because many AI researchers, companies, and governments will ignore it completely. The proposal frequently uses the word "we" and refers to "us," the humans. But as I have pointed out many times in the past, there is no "we" that everyone can identify with. Ask 10 different people, and you will hear 10 different opinions about what is "good." Some of those opinions will be completely incompatible with each other. Don't forget the enormous amount of conflict between the many people. The letter also says, "If such a pause cannot be quickly put in place, governments should intervene and impose a moratorium." The problem is that different governments have ALSO different opinions about what is good for them and for others. Great Power A will say, if we don't do it, Great Power B will, perhaps secretly, and gain an advantage over us. The same is true for Great Powers C and D. Jones: Everyone acknowledges this fear surrounding current generative AI technology. Moreover, the existential threat of this technology has been publicly acknowledged by Sam Altman, CEO of OpenAI himself, calling for AI regulation. From your perspective, is there an existential threat? Schmidhuber: It is true that AI can be weaponized, and I have no doubt that there will be all kinds of AI arms races, but AI does not introduce a new quality of existential threat. The threat coming from AI weapons seems to pale in comparison to the much older threat from nuclear hydrogen bombs that don’t need AI at all. We should be much more afraid of half-century-old tech in the form of H-bomb rockets. The Tsar Bomba of 1961 had almost 15 times more destructive power than all weapons of WW-II combined. Despite the dramatic nuclear disarmament since the 1980s, there are still more than enough nuclear warheads to wipe out human civilization within two hours, without any AI I’m much more worried about that old existential threat than the rather harmless AI weapons. Jones: I realize that while you compare AI to the threat of nuclear bombs, there is a current danger that a current technology can be put in the hands of humans and enable them to “eventually” exact further harms to individuals of group in a very precise way, like targeted drone attacks. You are giving people a toolset that they've never had before, enabling bad actors, as some have pointed out, to be able to do a lot more than previously because they didn't have this technology. Schmidhuber: Now, all that sounds horrible in principle, but our existing laws are sufficient to deal with these new types of weapons enabled by AI. If you kill someone with a gun, you will go to jail. Same if you kill someone with one of these drones. Law enforcement will get better at understanding new threats and new weapons and will respond with better technology to combat these threats. Enabling drones to target persons from a distance in a way that requires some tracking and some intelligence to perform, which has traditionally been performed by skilled humans, to me, it seems is just an improved version of a traditional weapon, like a gun, which is, you know, a little bit smarter than the old guns. But, in principle, all of that is not a new development. For many centuries, we have had the evolution of better weaponry and deadlier poisons and so on, and law enforcement has evolved their policies to react to these threats over time. So, it's not that we suddenly have a new quality of existential threat and it's much more worrisome than what we have had for about six decades. A large nuclear warhead doesn’t need fancy face recognition to kill an individual. No, it simply wipes out an entire city with ten million inhabitants. Jones: The existential threat that’s implied is the extent to which humans have control over this technology. We see some early cases of opportunism which, as you say, tends to get more media attention than positive breakthroughs. But you’re implying that this will all balance out? Schmidhuber: Historically, we have a long tradition of technological breakthroughs that led to advancements in weapons for the purpose of defense but also for protection. From sticks, to rocks, to axes to gunpowder to cannons to rockets… and now to drones… this has had a drastic influence on human history but what has been consistent throughout history is that those who are using technology to achieve their own ends are themselves, facing the same technology because the opposing side is learning to use it against them. And that's what has been repeated in thousands of years of human history and it will continue. I don't see the new AI arms race as something that is remotely as existential a threat as the good old nuclear warheads. You said something important, in that some people prefer to talk about the downsides rather than the benefits of this technology, but that's misleading, because 95% of all AI research and AI development is about making people happier and advancing human life and health. Jones: Let’s touch on some of those beneficial advances in AI research that have been able to radically change present day methods and achieve breakthroughs. Schmidhuber: All right! For example, eleven years ago, our team with my postdoc Dan Ciresan was the first to win a medical imaging competition through deep learning. We analyzed female breast cells with the objective to determine harmless cells vs. those in the pre-cancer stage. Typically, a trained oncologist needs a long time to make these determinations. Our team, who knew nothing about cancer, were able to train an artificial neural network, which was totally dumb in the beginning, on lots of this kind of data. It was able to outperform all the other methods. Today, this is being used not only for breast cancer, but also for radiology and detecting plaque in arteries, and many other things. Some of the neural networks that we have developed in the last 3 decades are now prevalent across thousands of healthcare applications, detecting Diabetes and Covid-19 and what not. This will eventually permeate across all healthcare. The good consequences of this type of AI are much more important than the click-bait new ways of conducting crimes with AI. Jones: Adoption is a product of reinforced outcomes. The massive scale of adoption either leads us to believe that people have been led astray, or conversely, technology is having a positive effect on people’s lives. Schmidhuber: The latter is the likely case. There's intense commercial pressure towards good AI rather than bad AI because companies want to sell you something, and you are going to buy only stuff you think is going to be good for you. So already just through this simple, commercial pressure, you have a tremendous bias towards good AI rather than bad AI. However, doomsday scenarios like in Schwarzenegger movies grab more attention than documentaries on AI that improve people’s lives. Jones: I would argue that people are drawn to good stories – narratives that contain an adversary and struggle, but in the end, have happy endings. And this is consistent with your comment on human nature and how history, despite its tendency for violence and destruction of humanity, somehow tends to correct itself. Let’s take the example of a technology, which you are aware – GANs – General Adversarial Networks, which today has been used in applications for fake news and disinformation. In actuality, the purpose in the invention of GANs was far from what it is used for today. Schmidhuber: Yes, the name GANs was created in 2014 but we had the basic principle already in the early 1990s. More than 30 years ago, I called it artificial curiosity. It's a very simple way of injecting creativity into a little two network system. This creative AI is not just trying to slavishly imitate humans. Rather, it’s inventing its own goals. Let me explain: You have two networks. One network is producing outputs that could be anything, any action. Then the second network is looking at these actions and it’s trying to predict the consequences of these actions. An action could move a robot, then something happens, and the other network is just trying to predict what will happen. Now we can implement artificial curiosity by reducing the prediction error of the second network, which, at the same time, is the reward of the first network. The first network wants to maximize its reward and so it will invent actions that will lead to situations that will surprise the second network, which it has not yet learned to predict well. In the case where the outputs are fake images, the first network will try to generate images that are good enough to fool the second network, which will attempt to predict the reaction of the environment: fake or real image, and it will try to become better at it. The first network will continue to also improve at generating images whose type the second network will not be able to predict. So, they fight each other. The 2nd network will continue to reduce its prediction error, while the 1st network will attempt to maximize it. Through this zero-sum game the first network gets better and better at producing these convincing fake outputs which look almost realistic. So, once you have an interesting set of images by Vincent Van Gogh, you can generate new images that leverage his style, without the original artist having ever produced the artwork himself. Jones: I see how the Van Gogh example can be applied in an education setting and there are countless examples of artists mimicking styles from famous painters but image generation from this instance that can happen within seconds is quite another feat. And you know this is how GANs has been used. What’s more prevalent today is a socialized enablement of generating images or information to intentionally fool people. It also surfaces new harms that deal with the threat to intellectual property and copyright, where laws have yet to account for. And from your perspective this was not the intention when the model was conceived. What was your motivation in your early conception of what is now GANs? Schmidhuber: My old motivation for GANs was actually very important and it was not to create deepfakes or fake news but to enable AIs to be curious and invent their own goals, to make them explore their environment and make them creative. Suppose you have a robot that executes one action, then something happens, then it executes another action, and so on, because it wants to achieve certain goals in the environment. For example, when the battery is low, this will trigger “pain” through hunger sensors, so it wants to go to the charging station, without running into obstacles, which will trigger other pain sensors. It will seek to minimize pain (encoded through numbers). Now the robot has a friend, the second network, which is a world model ––it’s a prediction machine that learns to predict the consequences of the robot’s actions. Once the robot has a good model of the world, it can use it for planning. It can be used as a simulation of the real world. And then it can determine what is a good action sequence. If the robot imagines this sequence of actions, the model will predict a lot of pain, which it wants to avoid. If it plays this alternative action sequence in its mental model of the world, then it will predict a rewarding situation where it’s going to sit on the charging station and its battery is going to load again. So, it'll prefer to execute the latter action sequence. In the beginning, however, the model of the world knows nothing, so how can we motivate the first network to generate experiments that lead to data that helps the world model learn something it didn’t already know? That’s what artificial curiosity is about. The dueling two network systems effectively explore uncharted environments by creating experiments so that over time the curious AI gets a better sense of how the environment works. This can be applied to all kinds of environments, and has medical applications. Jones: Let’s talk about the future. You have said, “Traditional humans won’t play a significant role in spreading intelligence across the universe.” Schmidhuber: Let’s first conceptually separate two types of AIs. The first type of AI are tools directed by humans. They are trained to do specific things like accurately detect diabetes or heart disease and prevent attacks before they happen. In these cases, the goal is coming from the human. More interesting AIs are setting their own goals. They are inventing their own experiments and learning from them. Their horizons expand and eventually they become more and more general problem solvers in the real world. They are not controlled by their parents, but much of what they learn is through self-invented experiments. A robot, for example, is rotating a toy, and as it is doing this, the video coming in through the camera eyes, changes over time and it begins to learn how this video changes and learns how the 3D nature of the toy generates certain videos if you rotate it a certain way, and eventually, how gravity works, and how the physics of the world works. Like a little scientist! And I have predicted for decades that future scaled-up versions of such AI scientists will want to further expand their horizons, and eventually go where most of the physical resources are, to build more and bigger AIs. And of course, almost all of these resources are far away from earth out there in space, which is hostile to humans but friendly to appropriately designed AI-controlled robots and self-replicating robot factories. So here we are not talking any longer about our tiny biosphere; no, we are talking about the much bigger rest of the universe. Within a few tens of billions of years, curious self-improving AIs will colonize the visible cosmos in a way that’s infeasible for humans. Those who don’t won’t have an impact. Sounds like science fiction, but since the 1970s I have been unable to see a plausible alternative to this scenario, except for a global catastrophe such as an all-out nuclear war that stops this development before it takes off. Jones: How long have these AIs, which can set their own goals — how long have they existed? To what extent can they be independent of human interaction? Schmidhuber: Neural networks like that have existed for over 30 years. My first simple adversarial neural network system of this kind is the one from 1990 described above. You don’t need a teacher there; it's just a little agent running around in the world and trying to invent new experiments that surprise its own prediction machine. Once it has figured out certain parts of the world, the agent will become bored and will move on to more exciting experiments. The simple 1990 systems I mentioned have certain limitations, but in the past three decades, we have also built more sophisticated systems that are setting their own goals and such systems I think will be essential for achieving true intelligence. If you are only imitating humans, you will never go beyond them. So, you really must give AIs the freedom to explore previously unexplored regions of the world in a way that no human is really predefining. Jones: Where is this being done today? Schmidhuber: Variants of neural network-based artificial curiosity are used today for agents that learn to play video games in a human-competitive way. We have also started to use them for automatic design of experiments in fields such as materials science. I bet many other fields will be affected by it: chemistry, biology, drug design, you name it. However, at least for now, these artificial scientists, as I like to call them, cannot yet compete with human scientists. I don’t think it’s going to stay this way but, at the moment, it’s still the case. Sure, AI has made a lot of progress. Since 1997, there have been superhuman chess players, and since 2011, through the DanNet of my team, there have been superhuman visual pattern recognizers. But there are other things where humans, at the moment at least, are much better, in particular, science itself. In the lab we have many first examples of self-directed artificial scientists, but they are not yet convincing enough to appear on the radar screen of the public space, which is currently much more fascinated with simpler systems that just imitate humans and write texts based on previously seen human-written documents. Jones: You speak of these numerous instances dating back 30 years of these lab experiments where these self-driven agents are deciding and learning and moving on once they’ve learned. And I assume that that rate of learning becomes even faster over time. What kind of timeframe are we talking about when this eventually is taken outside of the lab and embedded into society? Schmidhuber: This could still take months or even years :-) Anyway, in the not-too-distant future, we will probably see artificial scientists who are good at devising experiments that allow them to discover new, previously unknown physical laws. As always, we are going to profit from the old trend that has held at least since 1941: every decade compute is getting 100 times cheaper. Jones: How does this trend affect modern AI such as ChatGPT? Schmidhuber: Perhaps you know that all the recent famous AI applications such as ChatGPT and similar models are largely based on principles of artificial neural networks invented in the previous millennium. The main reason why they works so well now is the incredible acceleration of compute per dollar. ChatGPT is driven by a neural network called “Transformer” described in 2017 by Google. I am happy about that because a quarter century earlier in 1991 I had a particular Transformer variant which is now called the “Transformer with linearized self-attention”. Back then, not much could be done with it, because the compute cost was a million times higher than today. But today, one can train such models on half the internet and achieve much more interesting results. Jones: And for how long will this acceleration continue? Schmidhuber: There's no reason to believe that in the next 30 years, we won't have another factor of 1 million and that's going to be really significant. In the near future, for the first time we will have many not-so expensive devices that can compute as much as a human brain. The physical limits of computation, however, are much further out so even if the trend of a factor of 100 every decade continues, the physical limits (of 1051 elementary instructions per second and kilogram of matter) won’t be hit until, say, the mid-next century. Even in our current century, however, we’ll probably have many machines that compute more than all 10 billion human brains collectively and you can imagine, everything will change then! Jones: That is the big question. Is everything going to change? If so, what do you say to the next generation of leaders, currently coming out of college and university. So much of this change is already impacting how they study, how they will work, or how the future of work and livelihood is defined. What is their purpose and how do we change our systems so they will adapt to this new version of intelligence? Schmidhuber: For decades, people have asked me questions like that, because you know what I'm saying now, I have basically said since the 1970s, it’s just that today, people are paying more attention because, back then, they thought this was science fiction. They didn't think that I would ever come close to achieving my crazy life goal of building a machine that learns to become smarter than myself such that I can retire. But now many have changed their minds and think it's conceivable. And now I have two daughters, 23 and 25. People ask me: what do I tell them? They know that Daddy always said, “It seems likely that within your lifetimes, you will have new types of intelligence that are probably going to be superior in many ways, and probably all kinds of interesting ways.” How should they prepare for that? And I kept telling them the obvious: Learn how to learn new things! It's not like in the previous millennium where within 20 years someone learned to be a useful member of society, and then took a job for 40 years and performed in this job until she received her pension. Now things are changing much faster and we must learn continuously just to keep up. I also told my girls that no matter how smart AIs are going to get, learn at least the basics of math and physics, because that’s the essence of our universe, and anybody who understands this will have an advantage, and learn all kinds of new things more easily. I also told them that social skills will remain important, because most future jobs for humans will continue to involve interactions with other humans, but I couldn’t teach them anything about that; they know much more about social skills than I do. You touched on the big philosophical question about people’s purpose. Can this be answered without answering the even grander question: What’s the purpose of the entire universe? We don’t know. But what’s happening right now might be connected to the unknown answer. Don’t think of humans as the crown of creation. Instead view human civilization as part of a much grander scheme, an important step (but not the last one) on the path of the universe from very simple initial conditions towards more and more unfathomable complexity. Now it seems ready to take its next step, a step comparable to the invention of life itself over 3.5 billion years ago. Alas, don’t worry, in the end, all will be good! Jones: Let’s get back to this transformation happening right now with OpenAI. There are many questioning the efficacy and accuracy of ChatGPT, and are concerned its release has been premature. In light of the rampant adoption, educators have banned its use over concerns of plagiarism and how it stifles individual development. Should large language models like ChatGPT be used in school? Schmidhuber: When the calculator was first introduced, instructors forbade students from using it in school. Today, the consensus is that kids should learn the basic methods of arithmetic, but they should also learn to use the “artificial multipliers” aka calculators, even in exams, because laziness and efficiency is a hallmark of intelligence. Any intelligent being wants to minimize its efforts to achieve things. And that's the reason why we have tools, and why our kids are learning to use these tools. The first stone tools were invented maybe 3.5 million years ago; tools just have become more sophisticated over time. In fact, humans have changed in response to the properties of their tools. Our anatomical evolution was shaped by tools such as spears and fire. So, it's going to continue this way. And there is no permanent way of preventing large language models from being used in school. Jones: And when our children, your children graduate, what does their future work look like? Schmidhuber: A single human trying to predict details of how 10 billion people and their machines will evolve in the future is like a single neuron in my brain trying to predict what the entire brain and its tens of billions of neurons will do next year. 40 years ago, before the WWW was created at CERN in Switzerland, who would have predicted all those young people making money as YouTube video bloggers? Nevertheless, let’s make a few limited job-related observations. For a long time, people have thought that desktop jobs may require more intelligence than skills trade or handicraft professions. But now, it turns out that it's much easier to replace certain aspects of desktop jobs than replacing a carpenter, for example. Because everything that works well in AI is happening behind the screen currently, but not so much in the physical world. There are now artificial systems that can read lots of documents and then make really nice summaries of these documents. That is a desktop job. Or you give them a description of an illustration that you want to have for your article and pretty good illustrations are being generated that may need some minimal fine-tuning. But you know, all these desktop jobs are much easier to facilitate than the real tough jobs in the physical world. And it's interesting that the things people thought required intelligence, like playing chess, or writing or summarizing documents, are much easier for machines than they thought. But for things like playing football or soccer, there is no physical robot that can remotely compete with the abilities of a little boy with these skills. So, AI in the physical world, interestingly, is much harder than AI behind the screen in virtual worlds. And it's really exciting, in my opinion, to see that jobs such as plumbers are much more challenging than playing chess or writing another tabloid story. Jones: The way data has been collected in these large language models does not guarantee personal information has not been excluded. Current consent laws already are outdated when it comes to these large language models (LLM). The concern, rightly so, is increasing surveillance and loss of privacy. What is your view on this? Schmidhuber: As I have indicated earlier: are surveillance and loss of privacy inevitable consequences of increasingly complex societies? Super-organisms such as cities and states and companies consist of numerous people, just like people consist of numerous cells. These cells enjoy little privacy. They are constantly monitored by specialized "police cells" and "border guard cells": Are you a cancer cell? Are you an external intruder, a pathogen? Individual cells sacrifice their freedom for the benefits of being part of a multicellular organism. Similarly, for super-organisms such as nations. Over 5000 years ago, writing enabled recorded history and thus became its inaugural and most important invention. Its initial purpose, however, was to facilitate surveillance, to track citizens and their tax payments. The more complex a super-organism, the more comprehensive its collection of information about its constituents. 200 years ago, at least, the parish priest in each village knew everything about all the village people, even about those who did not confess, because they appeared in the confessions of others. Also, everyone soon knew about the stranger who had entered the village, because some occasionally peered out of the window, and what they saw got around. Such control mechanisms were temporarily lost through anonymization in rapidly growing cities but are now returning with the help of new surveillance devices such as smartphones as part of digital nervous systems that tell companies and governments a lot about billions of users. Cameras and drones etc. are becoming increasingly tinier and more ubiquitous. More effective recognition of faces and other detection technology are becoming cheaper and cheaper, and many will use it to identify others anywhere on earth; the big wide world will not offer any more privacy than the local village. Is this good or bad? Some nations may find it easier than others to justify more complex kinds of super-organisms at the expense of the privacy rights of their constituents. Jones: So, there is no way to stop or change this process of collection, or how it continuously informs decisions over time? How do you see governance and rules responding to this, especially amid Italy’s ban on ChatGPT following suspected user data breach and the more recent news about the Meta’s record $1.3billion fine in the company’s handling of user information? Schmidhuber: Data collection has benefits and drawbacks, such as the loss of privacy. How to balance those? I have argued for addressing this through data ownership in data markets. If it is true that data is the new oil, then it should have a price, just like oil. At the moment, the major surveillance platforms such as Meta do not offer users any money for their data and the transitive loss of privacy. In the future, however, we will likely see attempts at creating efficient data markets to figure out the data's true financial value through the interplay between supply and demand. Even some of the sensitive medical data should not be priced by governmental regulators but by patients (and healthy persons) who own it and who may sell or license parts thereof as micro-entrepreneurs in a healthcare data market. Following a previous interview, I gave for one of the largest re-insurance companies , let's look at the different participants in such a data market: patients, hospitals, data companies. (1) Patients with a rare form of cancer can offer more valuable data than patients with a very common form of cancer. (2) Hospitals and their machines are needed to extract the data, e.g., through magnet spin tomography, radiology, evaluations through human doctors, and so on. (3) Companies such as Siemens, Google or IBM would like to buy annotated data to make better artificial neural networks that learn to predict pathologies and diseases and the consequences of therapies. Now the market’s invisible hand will decide about the data’s price through the interplay between demand and supply. On the demand side, you will have several companies offering something for the data, maybe through an app on the smartphone (a bit like a stock market app). On the supply side, each patient in this market should be able to profit from high prices for rare valuable types of data. Likewise, competing data extractors such as hospitals will profit from gaining recognition and trust for extracting data well at a reasonable price. The market will make the whole system efficient through incentives for all who are doing a good job. Soon there will be a flourishing ecosystem of commercial data market advisors and what not, just like the ecosystem surrounding the traditional stock market. The value of the data won’t be determined by governments or ethics committees, but by those who own the data and decide by themselves which parts thereof they want to license to others under certain conditions. At first glance, a market-based system seems to be detrimental to the interest of certain monopolistic companies, as they would have to pay for the data - some would prefer free data and keep their monopoly. However, since every healthy and sick person in the market would suddenly have an incentive to collect and share their data under self-chosen anonymity conditions, there will soon be many more useful data to evaluate all kinds of treatments. On average, people will live longer and healthier, and many companies and the entire healthcare system will benefit. Jones: Finally, what is your view on open source versus the private companies like Google and OpenAI? Is there a danger to supporting these private companies’ large language models versus trying to keep these models open source and transparent, very much like what LAION is doing? Schmidhuber: I signed this open letter by LAION because I strongly favor the open-source movement. And I think it's also something that is going to challenge whatever big tech dominance there might be at the moment. Sure, the best models today are run by big companies with huge budgets for computers, but the exciting fact is that open-source models are not so far behind, some people say maybe six to eight months only. Of course, the private company models are all based on stuff that was created in academia, often in little labs without so much funding, which publish without patenting their results and open source their code and others take it and improved it. Big tech has profited tremendously from academia; their main achievement being that they have scaled up everything greatly, sometimes even failing to credit the original inventors. So, it's very interesting to see that as soon as some big company comes up with a new scaled-up model, lots of students out there are competing, or collaborating, with each other, trying to come up with equal or better performance on smaller networks and smaller machines. And since they are open sourcing, the next guy can have another great idea to improve it, so now there’s tremendous competition also for the big companies. Because of that, and since AI is still getting exponentially cheaper all the time, I don't believe that big tech companies will dominate in the long run. They find it very hard to compete with the enormous open-source movement. As long as you can encourage the open-source community, I think you shouldn't worry too much. Now, of course, you might say if everything is open source, then the bad actors also will more easily have access to these AI tools. And there's truth to that. But as always since the invention of controlled fire, it was good that knowledge about how technology works quickly became public such that everybody could use it. And then, against any bad actor, there's almost immediately a counter actor trying to nullify his efforts. You see, I still believe in our old motto "AI∀" or "AI For All." Jones: Thank you, Juergen for sharing your perspective on this amazing time in history. It’s clear that with new technology, the enormous potential can be matched by disparate and troubling risks which we’ve yet to solve, and even those we have yet to identify. If we are to dispel the fear of a sentient system for which we have no control, humans, alone need to take steps for more responsible development and collaboration to ensure AI technology is used to ultimately benefit society. Humanity will be judged by what we do next.

[N] Montreal-based Element AI sold for $230-million as founders saw value mostly wiped out

According to Globe and Mail article: Element AI sold for $230-million as founders saw value mostly wiped out, document reveals Montreal startup Element AI Inc. was running out of money and options when it inked a deal last month to sell itself for US$230-milion to Silicon Valley software company ServiceNow Inc., a confidential document obtained by the Globe and Mail reveals. Materials sent to Element AI shareholders Friday reveal that while many of its institutional shareholders will make most if not all of their money back from backing two venture financings, employees will not fare nearly as well. Many have been terminated and had their stock options cancelled. Also losing out are co-founders Jean-François Gagné, the CEO, his wife Anne Martel, the chief administrative officer, chief science officer Nick Chapados and Yoshua Bengio, the University of Montreal professor known as a godfather of “deep learning,” the foundational science behind today’s AI revolution. Between them, they owned 8.8 million common shares, whose value has been wiped out with the takeover, which goes to a shareholder vote Dec 29 with enough investor support already locked up to pass before the takeover goes to a Canadian court to approve a plan of arrangement with ServiceNow. The quartet also owns preferred shares worth less than US$300,000 combined under the terms of the deal. The shareholder document, a management proxy circular, provides a rare look inside efforts by a highly hyped but deeply troubled startup as it struggled to secure financing at the same time as it was failing to live up to its early promises. The circular states the US$230-million purchase price is subject to some adjustments and expenses which could bring the final price down to US$195-million. The sale is a disappointing outcome for a company that burst onto the Canadian tech scene four years ago like few others, promising to deliver AI-powered operational improvements to a range of industries and anchor a thriving domestic AI sector. Element AI became the self-appointed representative of Canada’s AI sector, lobbying politicians and officials and landing numerous photo ops with them, including Prime Minister Justin Trudeau. It also secured $25-million in federal funding – $20-million of which was committed earlier this year and cancelled by the government with the ServiceNow takeover. Element AI invested heavily in hype and and earned international renown, largely due to its association with Dr. Bengio. It raised US$102-million in venture capital in 2017 just nine months after its founding, an unheard of amount for a new Canadian company, from international backers including Microsoft Corp., Intel Corp., Nvidia Corp., Tencent Holdings Ltd., Fidelity Investments, a Singaporean sovereign wealth fund and venture capital firms. Element AI went on a hiring spree to establish what the founders called “supercredibility,” recruiting top AI talent in Canada and abroad. It opened global offices, including a British operation that did pro bono work to deliver “AI for good,” and its ranks swelled to 500 people. But the swift hiring and attention-seeking were at odds with its success in actually building a software business. Element AI took two years to focus on product development after initially pursuing consulting gigs. It came into 2019 with a plan to bring several AI-based products to market, including a cybersecurity offering for financial institutions and a program to help port operators predict waiting times for truck drivers. It was also quietly shopping itself around. In December 2018, the company asked financial adviser Allen & Co LLC to find a potential buyer, in addition to pursuing a private placement, the circular reveals. But Element AI struggled to advance proofs-of-concept work to marketable products. Several client partnerships faltered in 2019 and 2020. Element did manage to reach terms for a US$151.4-million ($200-million) venture financing in September, 2019 led by the Caisse de dépôt et placement du Québec and backed by the Quebec government and consulting giant McKinsey and Co. However, the circular reveals the company only received the first tranche of the financing – roughly half of the amount – at the time, and that it had to meet unspecified conditions to get the rest. A fairness opinion by Deloitte commissioned as part of the sale process estimated Element AI’s enterprises value at just US$76-million around the time of the 2019 financing, shrinking to US$45-million this year. “However, the conditions precedent the closing of the second tranche … were not going to be met in a timely manner,” the circular reads. It states “new terms were proposed” for a round of financing that would give incoming investors ranking ahead of others and a cumulative dividend of 12 per cent on invested capital and impose “other operating and governance constraints and limitations on the company.” Management instead decided to pursue a sale, and Allen contacted prospective buyers in June. As talks narrowed this past summer to exclusive negotiations with ServiceNow, “the company’s liquidity was diminishing as sources of capital on acceptable terms were scarce,” the circular reads. By late November, it was generating revenue at an annualized rate of just $10-million to $12-million, Deloitte said. As part of the deal – which will see ServiceNow keep Element AI’s research scientists and patents and effectively abandon its business – the buyer has agreed to pay US$10-million to key employees and consultants including Mr. Gagne and Dr. Bengio as part of a retention plan. The Caisse and Quebec government will get US$35.45-million and US$11.8-million, respectively, roughly the amount they invested in the first tranche of the 2019 financing.

[N] How Stability AI’s Founder Tanked His Billion-Dollar Startup

forbes article: https://www.forbes.com/sites/kenrickcai/2024/03/29/how-stability-ais-founder-tanked-his-billion-dollar-startup/ archive no paywall: https://archive.is/snbeV How Stability AI’s Founder Tanked His Billion-Dollar Startup Mar 29, 2024 Stability AI founder Emad Mostaque took the stage last week at the Terranea Resort in Palos Verdes, California to roaring applause and an introduction from an AI-generated Aristotle who announced him as “a modern Prometheus” with “the astuteness of Athena and the vision of Daedalus.” “Under his stewardship, AI becomes the Herculean force poised to vanquish the twin serpents of illness and ailment and extend the olive branch of longevity,” the faux Aristotle proclaimed. “I think that’s the best intro I’ve ever had,” Mostaque said. But behind Mostaque's hagiographic introduction lay a grim and fast metastasizing truth. Stability, once one of AI’s buzziest startups, was floundering. It had been running out of money for months and Mostaque had been unable to secure enough additional funding. It had defaulted on payments to Amazon whose cloud service undergirded Stability’s core offerings. The star research team behind its flagship text-to-image generator Stable Diffusion had tendered their resignations just three days before — as Forbes would first report — and other senior leaders had issued him an ultimatum: resign, or we walk too. Still, onstage before a massive audience of peers and acolytes, Mostaque talked a big game. “AI is jet planes for the mind,” he opined. “AI is our collective intelligence. It's the human Colossus.” He claimed a new, faster version of the Stable Diffusion image generator released earlier this month could generate “200 cats with hats per second.” But later, when he was asked about Stability’s financial model, Mostaque fumbled. “I can’t say that publicly,” he replied. “But it’s going well. We’re ahead of forecast.” Four days later, Mostaque stepped down as CEO of Stability, as Forbes first reported. In a post to X, the service formerly known as Twitter, he claimed he’d voluntarily abdicated his role to decentralize “the concentration of power in AI.” But sources told Forbes that was hardly the case. Behind the scenes, Mostaque had fought to maintain his position and control despite mounting pressure externally and internally to step down. Company documents and interviews with 32 current and former employees, investors, collaborators and industry observers suggest his abrupt exit was the result of poor business judgment and wild overspending that undermined confidence in his vision and leadership, and ultimately kneecapped the company. Mostaque, through his attorneys, declined to comment on record on a detailed list of questions about the reporting in this story. But in an email to Forbes earlier this week he broadly disputed the allegations. “Nobody tells you how hard it is to be a CEO and there are better CEOs than me to scale a business,” he said in a statement. “I am not sure anyone else would have been able to build and grow the research team to build the best and most widely used models out there and I’m very proud of the team there. I look forward to moving onto the next problem to handle and hopefully move the needle.” In an emailed statement, Christian Laforte and Shan Shan Wong, the interim co-CEOs who replaced Mostaque, said, "the company remains focused on commercializing its world leading technology” and providing it “to partners across the creative industries." After starting Stability in 2019, Mostaque built the company into an early AI juggernaut by seizing upon a promising research project that would become Stable Diffusion and funding it into a business reality. The ease with which the software generated detailed images from the simplest text prompts immediately captivated the public: 10 million people used it on any given day, the company told Forbes in early 2023. For some true believers, Mostaque was a crucial advocate for open-source AI development in a space dominated by the closed systems of OpenAI, Google and Anthropic. But his startup’s rise to one of the buzziest in generative AI was in part built on a series of exaggerations and misleading claims, as Forbes first reported last year (Mostaque disputed some points at the time). And they continued after he raised $100 million at a $1 billion valuation just days after launching Stable Diffusion in 2022. His failure to deliver on an array of grand promises, like building bespoke AI models for nation states, and his decision to pour tens of millions into research without a sustainable business plan, eroded Stability’s foundations and jeopardized its future. "He was just giving shit away,” one former employee told Forbes. “That man legitimately wanted to transform the world. He actually wanted to train AI models for kids in Malawi. Was it practical? Absolutely not." By October 2023, Stability would have less than $4 million left in the bank, according to an internal memo prepared for a board meeting and reviewed by Forbes. And mounting debt, including months of overdue Amazon Web Services payments, had already left it in the red. To avoid legal penalties for skipping Americans staff’s payroll, the document explained, the London-based startup was considering delaying tax payments to the U.K. government. It was Stability’s armada of GPUs, the wildly powerful and equally expensive chips undergirding AI, that were so taxing the company’s finances. Hosted by AWS, they had long been one of Mostaque’s bragging points; he often touted them as one of the world’s 10 largest supercomputers. They were responsible for helping Stability’s researchers build and maintain one of the top AI image generators, as well as break important new ground on generative audio, video and 3D models. “Undeniably, Stability has continued to ship a lot of models,” said one former employee. “They may not have profited off of it, but the broader ecosystem benefitted in a huge, huge way.” But the costs associated with so much compute were now threatening to sink the company. According to an internal October financial forecast seen by Forbes, Stability was on track to spend $99 million on compute in 2023. It noted as well that Stability was “underpaying AWS bills for July (by $1M)” and “not planning to pay AWS at the end of October for August usage ($7M).” Then there were the September and October bills, plus $1 million owed to Google Cloud and $600,000 to GPU cloud data center CoreWeave. (Amazon, Google and CoreWeave declined to comment.) With an additional $54 million allocated to wages and operating expenses, Stability’s total projected costs for 2023 were $153 million. But according to its October financial report, its projected revenue for the calendar year was just $11 million. Stability was on track to lose more money per month than it made in an entire year. The company’s dire financial position had thoroughly soured Stability’s current investors, including Coatue, which had invested tens of millions in the company during its $101 million funding round in 2022. In the middle of 2023, Mostaque agreed to an independent audit after Coatue raised a series of concerns, according to a source with direct knowledge of the matter. The outcome of the investigation is unclear. Coatue declined to comment. Within a week of an early October board meeting where Mostaque shared that financial forecast, Lightspeed Venture Partners, another major investor, sent a letter to the board urging them to sell the company. The distressing numbers had “severely undermined” the firm’s confidence in Mostaque’s ability to lead the company. “In particular, we are surprised and deeply concerned by a cash position just now disclosed to us that is inconsistent with prior discussions on this topic,” Lightspeed’s general counsel Brett Nissenberg wrote in the letter, a copy of which was viewed by Forbes. “Lightspeed believes that the company is not likely financeable on terms that would assure the company’s long term sound financial position.” (Lightspeed declined a request for comment.) The calls for a sale led Stability to quietly begin looking for a buyer. Bloomberg reported in November that Stability approached AI startups Cohere and Jasper to gauge their interest. Stability denied this, and Jasper CEO Timothy Young did the same when reached for comment by Forbes. A Cohere representative declined to comment. But one prominent AI company confirmed that Mostaque’s representatives had reached out to them to test the waters. Those talks did not advance because “the numbers didn’t add up,” this person, who declined to be named due to the confidential nature of the talks, told Forbes. Stability also tried to court Samsung as a buyer, going so far as to redecorate its office in advance of a planned meeting with the Korean electronics giant. (Samsung said that it invested in Stability in 2023 and that it does not comment on M&A discussions.) Coatue had been calling for Mostaque’s resignation for months, according to a source with direct knowledge. But it and other investors were unable to oust him because he was the company’s majority shareholder. When they tried a different tact by rallying other investors to offer him a juicy equity package to resign, Mostaque refused, said two sources. By October, Coatue and Lightspeed had had enough. Coatue left the board and Lightspeed resigned its observer seat. “Emad infuriated our initial investors so much it’s just making it impossible for us to raise more money under acceptable terms,” one current Stability executive told Forbes. The early months of 2024 saw Stability’s already precarious position eroding further still. Employees were quietly laid off. Three people in a position to know estimated that at least 10% of staff were cut. And cash reserves continued to dwindle. Mostaque mentioned a lifeline at the October board meeting: $95 million in tentative funding from new investors, pending due diligence. But in the end, only a fraction of it was wired, two sources say, much of it from Intel, which Forbes has learned invested $20 million, a fraction of what was reported. (Intel did not return a request for comment by publication time.) Two hours after Forbes broke the news of Mostaque’s plans to step down as CEO, Stability issued a press release confirming his resignation. Chief operating officer Wong and chief technology officer Laforte have taken over in the interim. Mostaque, who said on X that he still owns a majority of the company, also stepped down from the board, which has now initiated a search for a permanent CEO. There is a lot of work to be done to turn things around, and very little time in which to do it. Said the current Stability executive, “There’s still a possibility of a turnaround story, but the odds drop by the day.” In July of 2023, Mostaque still thought he could pull it off. Halfway through the month, he shared a fundraising plan with his lieutenants. It was wildly optimistic, detailing the raise of $500 million in cash and another $750 million in computing facilities from marquee investors like Nvidia, Google, Intel and the World Bank (Nvidia and Google declined comment. Intel did not respond. The World Bank said it did not invest in Stability). In a Slack message reviewed by Forbes, Mostaque said Google was “willing to move fast” and the round was “likely to be oversubscribed.” It wasn’t. Three people with direct knowledge of these fundraising efforts told Forbes that while there was some interest in Stability, talks often stalled when it came time to disclose financials. Two of them noted that earlier in the year, Mostaque had simply stopped engaging with VCs who asked for numbers. Only one firm invested around that time: actor Ashton Kutcher’s Sound Ventures, which invested $35 million in the form of a convertible SAFE note during the second quarter, according to an internal document. (Sound Ventures did not respond to a request for comment.) And though he’d managed to score a meeting with Nvidia and its CEO Jensen Huang, it ended in disaster, according to two sources. “Under Jensen's microscopic questions, Emad just fell apart,” a source in position to know told Forbes. Huang quickly concluded Stability wasn’t ready for an investment from Nvidia, the sources said. Mostaque told Forbes in an email that he had not met with Huang since 2022, except to say “hello and what’s up a few times after.” His July 2023 message references a plan to raise $150 million from Nvidia. (Nvidia declined to comment.) After a June Forbes investigation citing more than 30 sources revealed Mostaque’s history of misleading claims, Mostaque struggled to raise funding, a Stability investor told Forbes. (Mostaque disputed the story at the time and called it "coordinated lies" in his email this week to Forbes). Increasingly, investors scrutinized his assertions and pressed for data. And Young, now the CEO of Jasper, turned down a verbal offer to be Stability’s president after reading the article, according to a source with direct knowledge of the matter. The collapse of the talks aggravated the board and other executives, who had hoped Young would compensate for the sales and business management skills that Mostaque lacked, according to four people in a position to know. (Young declined to comment.) When Stability’s senior leadership convened in London for the CogX conference in September, the financing had still not closed. There, a group of executives confronted Mostaque asking questions about the company’s cash position and runway, according to three people with direct knowledge of the incident. They did not get the clarity they’d hoped for. By October, Mostaque had reduced his fundraising target by more than 80%. The months that followed saw a steady drumbeat of departures — general counsel Adam Avrunin, vice presidents Mike Melnicki, Ed Newton-Rex and Joe Penna, chief people officer Ozden Onder — culminating in the demoralizing March exit of Stable Diffusion’s primary developers Robin Rombach, Andreas Blattmann, Patrick Esser and Dominik Lorenz. Rombach, who led the team, had been angling to leave for months, two sources said, first threatening to resign last summer because of the fundraising failures. Others left over concerns about cash flow, as well as liabilities — including what four people described as Mostaque’s lax approach to ensuring that Stability products could not be used to produce child sexual abuse imagery. “Stability AI is committed to preventing the misuse of AI and prohibits the use of our image models and services for unlawful activity, including attempts to edit or create CSAM,” Ella Irwin, senior vice president of integrity, said in a statement. Newton-Rex told Forbes he resigned because he disagreed with Stability’s position that training AI on copyrighted work without consent is fair use. Melnicki and Penna declined to comment. Avrunin and Onder could not be reached for comment. None of the researchers responded to requests for comment. The Stable Diffusion researchers’ departure as a cohort says a lot about the state of Stability AI. The company’s researchers were widely viewed as its crown jewels, their work subsidized with a firehose of pricey compute power that was even extended to people outside the company. Martino Russi, an artificial intelligence researcher, told Forbes that though he was never formally employed by Stability, the company provided him a “staggering” amount of compute between January and April 2023 to play around with developing an AI video generator that Stability might someday use. “It was Candy Land or Coney Island,” said Russi, who estimates that his experiment, which was ultimately shelved, cost the company $2.5 million. Stable Diffusion was simultaneously Stability’s marquee product and its existential cash crisis. One current employee described it to Forbes as “a giant vacuum that absorbed everything: money, compute, people.” While the software was widely used, with Mostaque claiming downloads reaching into the hundreds of millions, Stability struggled to translate that wild success into revenue. Mostaque knew it could be done — peers at Databricks, Elastic and MongoDB had all turned a free product into a lucrative business — he just couldn’t figure out how. His first attempt was Stability’s API, which allowed paying customers to integrate Stable Diffusion into their own products. In early 2023, a handful of small companies, like art generator app NightCafe and presentation software startup Tome, signed on, according to four people with knowledge of the deals. But Stability’s poor account management services soured many, and in a matter of months NightCafe and Tome canceled their contracts, three people said. NightCafe founder Angus Russell told Forbes that his company switched to a competitor which “offered much cheaper inference costs and a broader service.” Tome did not respond to a request for comment. Meanwhile, Mostaque’s efforts to court larger companies like Samsung and Snapchat were failing, according to five people familiar with the effort. Canva, which was already one of the heaviest users of open-sourced Stable Diffusion, had multiple discussions with Stability, which was angling for a contract it hoped would generate several millions in annual revenue. But the deal never materialized, four sources said. “These three companies wanted and needed us,” one former employee told Forbes. “They would have been the perfect customers.” (Samsung, Snap and Canva declined to comment.) “It’s not that there was not an appetite to pay Stability — there were tons of companies that would have that wanted to,” the former employee said. “There was a huge opportunity and demand, but just a resistance to execution.” Mostaque’s other big idea was to provide governments with bespoke national AI models that would invigorate their economies and citizenry. “Emad envisions a world where AI through 100 national models serves not as a tool of the few, but as a benefactor to all promising to confront great adversaries, cancer, autism, and the sands of time itself,” the AI avatar of Aristotle said in his intro at the conference. Mostaque told several prospective customers that he could deliver such models within 60 days — an untenable timeline, according to two people in position to know. Stability attempted to develop a model for the Singaporean government over the protestation of employees who questioned its technical feasibility, three sources familiar with the effort told Forbes. But it couldn’t pull it off and Singapore never became a customer. (The government of Singapore confirmed it did not enter into a deal with Stability, but declined to answer additional questions.) As Stability careened from one new business idea to another, resources were abruptly reallocated and researchers reassigned. The whiplash shifts in a largely siloed organization demoralized and infuriated employees. “There were ‘urgent’ things, ‘urgent urgent’ things and ‘most urgent,’” one former employee complained. “None of these things seem important if everything is important.” Another former Stability executive was far more pointed in their assessment. “Emad is the most disorganized leader I have ever worked with in my career,” this person told Forbes. “He has no vision, and changes directions every week, often based on what he sees on Twitter.” In a video interview posted shortly before this story was published, Mostaque explained his leadership style: “I'm particularly great at taking creatives, developers, researchers, others, and achieving their full potential in designing systems. But I should not be dealing with, you know, HR and operations and business development and other elements. There are far better people than me to do that.” By December 2023, Stability had partially abandoned its open-source roots and announced that any commercial use of Stable Diffusion would cost customers at least $20 per month (non-commercial and research use of Stable Diffusion would remain free). But privately, Stability was considering a potentially more lucrative source of revenue: reselling the compute it was leasing from providers like AWS, according to six people familiar with the effort. Though it was essentially GPU arbitrage, Stability framed the strategy to investors as a “managed services” offering. Its damning October financial report projected optimistically that such an offering would bring in $139 million in 2024 — 98% of its revenue. Multiple employees at the time told Forbes they feared reselling compute, even if the company called it “managed services,” would violate the terms of Stability’s contract with AWS. Amazon declined to comment. “The line internally was that we are not reselling compute,” one former employee said. “This was some of the dirtiest feeling stuff.” Stability also discussed reselling a cluster of Nvidia A100 chips, leased via CoreWeave, to the venture capital firm Andreessen Horowitz, three sources said. “It was under the guise of managed services, but there wasn’t any management happening,” one of these people told Forbes. Andreessen Horowitz and CoreWeave declined to comment. Stability did not respond to questions about if it plans to continue this strategy now that Mostaque is out of the picture. Regardless, interim co-CEOs Wong and Laforte are on a tight timeline to clean up his mess. Board chairman Jim O’Shaughnessy said in a statement that he was confident the pair “will adeptly steer the company forward in developing and commercializing industry-leading generative AI products.” But burn continues to far outpace revenue. The Financial Times reported Friday that the company made $5.4 million of revenue in February, against $8 million in costs. Several sources said there are ongoing concerns about making payroll for the roughly 150 remaining employees. Leadership roles have gone vacant for months amid the disarray, leaving the company increasingly directionless. Meanwhile, a potentially catastrophic legal threat looms over the company: A trio of copyright infringement lawsuits brought by Getty Images and a group of artists in the U.S. and U.K., who claim Stability illegally used their art and photography to train the AI models powering Stable Diffusion. A London-based court has already rejected the company’s bid to throw out one of the lawsuits on the basis that none of its researchers were based in the U.K. And Stability’s claim that Getty’s Delaware lawsuit should be blocked because it's a U.K.-based company was rejected. (Stability did not respond to questions about the litigation.) AI-related copyright litigation “could go on for years,” according to Eric Goldman, a law professor at Santa Clara University. He told Forbes that though plaintiffs suing AI firms face an uphill battle overcoming the existing legal precedent on copyright infringement, the quantity of arguments available to make are virtually inexhaustible. “Like in military theory, if there’s a gap in your lines, that’s where the enemy pours through — if any one of those arguments succeeds, it could completely change the generative AI environment,” he said. “In some sense, generative AI as an industry has to win everything.” Stability, which had more than $100 million in the bank just a year and a half ago, is in a deep hole. Not only does it need more funding, it needs a viable business model — or a buyer with the vision and chops to make it successful in a fast-moving and highly competitive sector. At an all hands meeting this past Monday, Stability’s new leaders detailed a path forward. One point of emphasis: a plan to better manage resources and expenses, according to one person in attendance. It’s a start, but Mostaque’s meddling has left them with little runway to execute. His resignation, though, has given some employees hope. “A few people are 100% going to reconsider leaving after today,” said one current employee. “And the weird gloomy aura of hearing Emad talking nonsense for an hour is gone.” Shortly before Mostaque resigned, one current Stability executive told Forbes that they were optimistic his departure could make Stability appealing enough to receive a small investment or sale to a friendly party. “There are companies that have raised hundreds of millions of dollars that have much less intrinsic value than Stability,” the person said. “A white knight may still appear.”

[D] Overwhelmed by fast advances in recent weeks

I was watching the GTC keynote and became entirely overwhelmed by the amount of progress achieved from last year. I'm wondering how everyone else feels. ​ Firstly, the entire ChatGPT, GPT-3/GPT-4 chaos has been going on for a few weeks, with everyone scrambling left and right to integrate chatbots into their apps, products, websites. Twitter is flooded with new product ideas, how to speed up the process from idea to product, countless promp engineering blogs, tips, tricks, paid courses. ​ Not only was ChatGPT disruptive, but a few days later, Microsoft and Google also released their models and integrated them into their search engines. Microsoft also integrated its LLM into its Office suite. It all happenned overnight. I understand that they've started integrating them along the way, but still, it seems like it hapenned way too fast. This tweet encompases the past few weeks perfectly https://twitter.com/AlphaSignalAI/status/1638235815137386508 , on a random Tuesday countless products are released that seem revolutionary. ​ In addition to the language models, there are also the generative art models that have been slowly rising in mainstream recognition. Now Midjourney AI is known by a lot of people who are not even remotely connected to the AI space. ​ For the past few weeks, reading Twitter, I've felt completely overwhelmed, as if the entire AI space is moving beyond at lightning speed, whilst around me we're just slowly training models, adding some data, and not seeing much improvement, being stuck on coming up with "new ideas, that set us apart". ​ Watching the GTC keynote from NVIDIA I was again, completely overwhelmed by how much is being developed throughout all the different domains. The ASML EUV (microchip making system) was incredible, I have no idea how it does lithography and to me it still seems like magic. The Grace CPU with 2 dies (although I think Apple was the first to do it?) and 100 GB RAM, all in a small form factor. There were a lot more different hardware servers that I just blanked out at some point. The omniverse sim engine looks incredible, almost real life (I wonder how much of a domain shift there is between real and sim considering how real the sim looks). Beyond it being cool and usable to train on synthetic data, the car manufacturers use it to optimize their pipelines. This change in perspective, of using these tools for other goals than those they were designed for I find the most interesting. ​ The hardware part may be old news, as I don't really follow it, however the software part is just as incredible. NVIDIA AI foundations (language, image, biology models), just packaging everything together like a sandwich. Getty, Shutterstock and Adobe will use the generative models to create images. Again, already these huge juggernauts are already integrated. ​ I can't believe the point where we're at. We can use AI to write code, create art, create audiobooks using Britney Spear's voice, create an interactive chatbot to converse with books, create 3D real-time avatars, generate new proteins (?i'm lost on this one), create an anime and countless other scenarios. Sure, they're not perfect, but the fact that we can do all that in the first place is amazing. ​ As Huang said in his keynote, companies want to develop "disruptive products and business models". I feel like this is what I've seen lately. Everyone wants to be the one that does something first, just throwing anything and everything at the wall and seeing what sticks. ​ In conclusion, I'm feeling like the world is moving so fast around me whilst I'm standing still. I want to not read anything anymore and just wait until everything dies down abit, just so I can get my bearings. However, I think this is unfeasible. I fear we'll keep going in a frenzy until we just burn ourselves at some point. ​ How are you all fairing? How do you feel about this frenzy in the AI space? What are you the most excited about?

Tech founders -- you're being lied to

I've been meaning to post this for a while. I saw a video recently that put me over the edge. You guys need to know what's up. Venture capitalists, angels, and accelerators all want you to build fast and fail faster. They want to you get your mvp buult in as little as a couple weeks. I'm a software dev and I own SaaS company. I'm here to tell you that you're being lied to. It's 2023. Unless some customer is about to drown because of their problem, they are not going to respect, or consider your trashy looking mvp. People these days expect a certain level of polish and professionalism when it comes to software before they give it more than 3s of their time. If your software took 80 hours to build, good chance that even customers from your target market will disregard it unless you're solving some insanely painful problem. And if you're using you're mvp for market research, people aren't going to talk to you if they believe that they spent more time getting dressed that morning than you put into your product. Build things that you can be proud of. Time boxing your first dev cycle into a few days or even weeks limits the scope of what you can build. I've spent more time than this figuring out a single api. Its this time boxing that leads 1000s of people to build the same shit. It's low quality work and exists in a super saturated market. And given the small scope of the product, the amount you'll be able to charge means the LTV of a customer will be lower than you CAC. Meaning your company will always lose money. The negative reception from your pre alpha product will have you think that people don't like you or your work. It's simply not the case. Few on this planet could produce something captivating in 100 hours. VCs tell you to ship your garbage MVP asap because of the following reason. They view every product that ships as a lotto ticket. If they like the look of it, they'll buy a ticket. And the more products there are and the shittier they are, it means a) they have more ticket numbers to select from and b) the cost of the ticket is a lot cheaper than it would otherwise be if the product was nice. VCs are not your friends and often, don't know how to build or market products. They are in it for the money and any advice they give to you or the community will be self serving. The indie community needs to wake up and realize that quality software built by a small team that people will pay for in this saturated market often takes months if not years to build. The idea of building a product and putting it in front of customers in 2 weeks is dumb. I've used some of these products and they are so limited in scope, broken and poorly designed that I don't give them anymore than a minute or two of my time. Note: validate your ideas before writing code. I'm not advocating spending a year writing software for an unproven market or problem. Yes, there are exceptions and stories of people shipping in no time and getting traction, but these are not the norm. Lastly, this philosophy is why you have and will continue to see a million products centered around AI. For those of you who aren't devs, Open AI made chatgpt accessible to developers and it's like 3 lines of code to ask it a question, get a response and save that response within your program. It's super low effort to integrate and that's why everyone will be building the same types of products with it. Tl;dr: Investors and gurus have agendas. Be logical about the level of effort required to build a software company and put forth only work that you're proud of. Being able to code doesn't give you a magical ability to create massive value with only a few weeks of work. You have to grind like pretty much every other successful business owner. I'll likely be banned for this, but fuck it. Ive got a sub where I'll share more insight and ban bullshit and idiotic posts with zero warning. It's not for everyone and I'll usually let you know pretty quick if our relationship isn't going to work. 6000 people and growing. r/cutthebull I'll write a post on that sub in the next few mins on how to guarentee accountability from top level management at your company.

tools I use to not have to hire anyone

I’ve spent unreasonable amount of time with AI tools and here’s curated list of ones I recommend for productivity (honestly, some of them can replace an employee): General assistants ChatGPT \- You probably know it. It’s a great tool for ideating, brainstorming, document summarization and quick question-answer work. There’s a desktop app available so you can quickly pop it up by pressing control + space, which makes it even better for productivity. Claude \- Another chat interface, similar to ChatGPT. It’s a different model provider so the answers and behavior might be different. From my experience, Claude 3.5 Sonnet is performing better than GPT-4o (but not o1) in tasks that focus on reasoning, code writing and copywriting. There’s also a desktop app available. Gemini \- Honestly, I’m not even sure where to put it. It’s Google’s model, one of the most powerful in terms of multimodal capabilities (text, image, audio). And it’s tailored for your Google Workspace. Email, docs, spreadsheets, meets, presentation. Anything. Research Perplexity \- Perplexity is an AI search engine that provides answers to questions with up-to-date information. So, forget Google. Use Perplexity to get answers to questions and dive down the rabbit hole. Exa AI \- Exa is another advanced search engine that combines AI-driven neural search with traditional keyword search. It understands the semantic meaning of queries and documents. And you can also choose what you want to search: academic articles, news, reports, tweets etc. Meetings, calendar and email Granola \- Great AI notepad for meetings. It’s a desktop app, so there’s no bot joining your meetings. It automatically transcribes and enhances meeting notes, helping organize and summarize key takeaways and generates action items, follow-up emails, etc. It also allows you to ask questions about the transcript and get answers. Reclaim \- AI-powered calendar that optimizes for productivity. Essentially, it automates meetings, tracks tasks, and protects deep work time. Cool thing is that it syncs with Google Calendar and Slack. Cora \- Batch processing emails is one of the main productivity tactics. Cora enables that. You only see emails that you need to respond to. And it generates automatic replies for you. All other emails are summarized twice a day. Knowledge summarization Particle News \- Short summaries of the daily news. Pretty straightforward. Notebook LM \- Notebook LM helps process and summarize various types of content, such as PDFs, websites, videos, and more. The cool thing is that it provides insights and connections between topics, cites sources and offers audio summaries. I use it when the content to read is too long and I’m on the go. Napkin \- For creating visuals from text. You can easily generate and customize infographics, diagrams etc. So, if you’re brainstorming, writing or preparing for a presentation, Napkin will work well. Writing and brainstorming Grammarly \- Well known grammar checker. It helps improve writing by focusing on clarity and tone. Sometimes the Grammarly icon popping up is annoying though. Flow \- Flow helps you write and edit notes by speaking. And it integrates across all the apps you use, adapts to your tone and style. Cool tool for just yapping! Automations Gumloop \- Think AI-first Zapier, but 100x more powerful. It's is a platform for automating complex work using AI via a no-code drag and drop interface. It’s very easy to automate work without needing engineers. And they have loads of templates. Wordware \- A platform for building AI agents with natural language. Honestly, for folks who are a bit more technical. You simply prompt LLM to perform a task for you. And you can build any integration you want. If you’re a builder, you can later on connect the agent via API. I strongly believe that technology is leverage. And with AI we can be in top 0.1% of people. If you want bit deeper dive into the topic, I shared that on my substack (available via link in my profile) Any other recommendations for apps I could use? What works if you want to keep the team super lean in early days?

I run an AI automation agency (AAA). My honest overview and review of this new business model

I started an AI tools directory in February, and then branched off that to start an AI automation agency (AAA) in June. So far I've come across a lot of unsustainable "ideas" to make money with AI, but at the same time a few diamonds in the rough that aren't fully tapped into yet- especially the AAA model. Thought I'd share this post to shine light into this new business model and share some ways you could potentially start your own agency, or at the very least know who you are dealing with and how to pick and choose when you (inevitably) get bombarded with cold emails from them down the line. Foreword Running an AAA does NOT involve using AI tools directly to generate and sell content directly. That ship has sailed, and unless you are happy with $5 from Fiverr every month or so, it is not a real business model. Cry me a river but generating generic art with AI and slapping it onto a T-shirt to sell on Etsy won't make you a dime. At the same time, the AAA model will NOT require you to have a deep theoretical knowledge of AI, or any academic degree, as we are more so dealing with the practical applications of generative AI and how we can implement these into different workflows and tech-stacks, rather than building AI models from the ground up. Regardless of all that, common sense and a willingness to learn will help (a shit ton), as with anything. Keep in mind - this WILL involve work and motivation as well. The mindset that AI somehow means everything can be done for you on autopilot is not the right way to approach things. The common theme of businesses I've seen who have successfully implemented AI into their operations is the willingess to work with AI in a way that augments their existing operations, rather than flat out replace a worker or team. And this is exactly the train of thought you need when working with AI as a business model. However, as the field is relatively unsaturated and hype surrounding AI is still fresh for enterprises, right now is the prime time to start something new if generative AI interests you at all. With that being said, I'll be going over three of the most successful AI-adjacent businesses I've seen over this past year, in addition to some tips and resources to point you in the right direction. so.. WTF is an AI Automation Agency? The AI automation agency (or as some YouTubers have coined it, the AAA model) at its core involves creating custom AI solutions for businesses. I have over 1500 AI tools listed in my directory, however the feedback I've received from some enterprise users is that ready-made SaaS tools are too generic to meet their specific needs. Combine this with the fact virtually no smaller companies have the time or skills required to develop custom solutions right off the bat, and you have yourself real demand. I would say in practice, the AAA model is quite similar to Wordpress and even web dev agencies, with the major difference being all solutions you develop will incorporate key aspects of AI AND automation. Which brings me to my second point- JUST AI IS NOT ENOUGH. Rather than reducing the amount of time required to complete certain tasks, I've seen many AI agencies make the mistake of recommending and (trying to) sell solutions that more likely than not increase the workload of their clients. For example, if you were to make an internal tool that has AI answer questions based on their knowledge base, but this knowledge base has to be updated manually, this is creating unnecessary work. As such I think one of the key components of building successful AI solutions is incorporating the new (Generative AI/LLMs) with the old (programmtic automation- think Zapier, APIs, etc.). Finally, for this business model to be successful, ideally you should target a niche in which you have already worked and understand pain points and needs. Not only does this make it much easier to get calls booked with prospects, the solutions you build will have much greater value to your clients (meaning you get paid more). A mistake I've seen many AAA operators make (and I blame this on the "Get Rich Quick" YouTubers) is focusing too much on a specific productized service, rather than really understanding the needs of businesses. The former is much done via a SaaS model, but when going the agency route the only thing that makes sense is building custom solutions. This is why I always take a consultant-first approach. You can only build once you understand what they actually need and how certain solutions may impact their operations, workflows, and bottom-line. Basics of How to Get Started Pick a niche. As I mentioned previously, preferably one that you've worked in before. Niches I know of that are actively being bombarded with cold emails include real estate, e-commerce, auto-dealerships, lawyers, and medical offices. There is a reason for this, but I will tell you straight up this business model works well if you target any white-collar service business (internal tools approach) or high volume businesses (customer facing tools approach). Setup your toolbox. If you wanted to start a pressure washing business, you would need a pressure-washer. This is no different. For those without programming knowledge, I've seen two common ways AAA get setup to build- one is having a network of on-call web developers, whether its personal contacts or simply going to Upwork or any talent sourcing agency. The second is having an arsenal of no-code tools. I'll get to this more in a second, but this works beecause at its core, when we are dealing with the practical applications of AI, the code is quite simple, simply put. Start cold sales. Unless you have a network already, this is not a step you can skip. You've already picked a niche, so all you have to do is find the right message. Keep cold emails short, sweet, but enticing- and it will help a lot if you did step 1 correctly and intimately understand who your audience is. I'll be touching base later about how you can leverage AI yourself to help you with outreach and closing. The beauty of gen AI and the AAA model You don't need to be a seasoned web developer to make this business model work. The large majority of solutions that SME clients want is best done using an API for an LLM for the actual AI aspect. The value we create with the solutions we build comes with the conceptual framework and design that not only does what they need it to but integrates smoothly with their existing tech-stack and workflow. The actual implementation is quite straightforward once you understand the high level design and know which tools you are going to use. To give you a sense, even if you plan to build out these apps yourself (say in Python) the large majority of the nitty gritty technical work has already been done for you, especially if you leverage Python libraries and packages that offer high level abstraction for LLM-related functions. For instance, calling GPT can be as little as a single line of code. (And there are no-code tools where these functions are simply an icon on a GUI). Aside from understanding the capabilities and limitations of these tools and frameworks, the only thing that matters is being able to put them in a way that makes sense for what you want to build. Which is why outsourcing and no-code tools both work in our case. Okay... but how TF am I suppposed to actually build out these solutions? Now the fun part. I highly recommend getting familiar with Langchain and LlamaIndex. Both are Python libraires that help a lot with the high-level LLM abstraction I mentioned previously. The two most important aspects include being able to integrate internal data sources/knowledge bases with LLMs, and have LLMs perform autonomous actions. The two most common methods respectively are RAG and output parsing. RAG (retrieval augmented Generation) If you've ever seen a tool that seemingly "trains" GPT on your own data, and wonder how it all works- well I have an answer from you. At a high level, the user query is first being fed to what's called a vector database to run vector search. Vector search basically lets you do semantic search where you are searching data based on meaning. The vector databases then retrieves the most relevant sections of text as it relates to the user query, and this text gets APPENDED to your GPT prompt to provide extra context to the AI. Further, with prompt engineering, you can limit GPT to only generate an answer if it can be found within this extra context, greatly limiting the chance of hallucination (this is where AI makes random shit up). Aside from vector databases, we can also implement RAG with other data sources and retrieval methods, for example SQL databses (via parsing the outputs of LLM's- more on this later). Autonomous Agents via Output Parsing A common need of clients has been having AI actually perform tasks, rather than simply spitting out text. For example, with autonomous agents, we can have an e-commerce chatbot do the work of a basic customer service rep (i.e. look into orders, refunds, shipping). At a high level, what's going on is that the response of the LLM is being used programmtically to determine which API to call. Keeping on with the e-commerce example, if I wanted a chatbot to check shipping status, I could have a LLM response within my app (not shown to the user) with a prompt that outputs a random hash or string, and programmatically I can determine which API call to make based on this hash/string. And using the same fundamental concept as with RAG, I can append the the API response to a final prompt that would spit out the answer for the user. How No Code Tools Can Fit In (With some example solutions you can build) With that being said, you don't necessarily need to do all of the above by coding yourself, with Python libraries or otherwise. However, I will say that having that high level overview will help IMMENSELY when it comes to using no-code tools to do the actual work for you. Regardless, here are a few common solutions you might build for clients as well as some no-code tools you can use to build them out. Ex. Solution 1: AI Chatbots for SMEs (Small and Medium Enterprises) This involves creating chatbots that handle user queries, lead gen, and so forth with AI, and will use the principles of RAG at heart. After getting the required data from your client (i.e. product catalogues, previous support tickets, FAQ, internal documentation), you upload this into your knowledge base and write a prompt that makes sense for your use case. One no-code tool that does this well is MyAskAI. The beauty of it especially for building external chatbots is the ability to quickly ingest entire websites into your knowledge base via a sitemap, and bulk uploading files. Essentially, they've covered the entire grunt work required to do this manually. Finally, you can create a inline or chat widget on your client's website with a few lines of HTML, or altneratively integrate it with a Slack/Teams chatbot (if you are going for an internal Q&A chatbot approach). Other tools you could use include Botpress and Voiceflow, however these are less for RAG and more for building out complete chatbot flows that may or may not incorporate LLMs. Both apps are essentially GUIs that eliminate the pain and tears and trying to implement complex flows manually, and both natively incoporate AI intents and a knowledge base feature. Ex. Solution 2: Internal Apps Similar to the first example, except we go beyond making just chatbots but tools such as report generation and really any sort of internal tool or automations that may incorporate LLM's. For instance, you can have a tool that automatically generates replies to inbound emails based on your client's knowledge base. Or an automation that does the same thing but for replies to Instagram comments. Another example could be a tool that generates a description and screeenshot based on a URL (useful for directory sites, made one for my own :P). Getting into more advanced implementations of LLMs, we can have tools that can generate entire drafts of reports (think 80+ pages), based not only on data from a knowledge base but also the writing style, format, and author voice of previous reports. One good tool to create content generation panels for your clients would be MindStudio. You can train LLM's via prompt engineering in a structured way with your own data to essentially fine tune them for whatever text you need it to generate. Furthermore, it has a GUI where you can dictate the entire AI flow. You can also upload data sources via multiple formats, including PDF, CSV, and Docx. For automations that require interactions between multiple apps, I recommend the OG zapier/make.com if you want a no-code solution. For instance, for the automatic email reply generator, I can have a trigger such that when an email is received, a custom AI reply is generated by MyAskAI, and finally a draft is created in my email client. Or, for an automation where I can create a social media posts on multiple platforms based on a RSS feed (news feed), I can implement this directly in Zapier with their native GPT action (see screenshot) As for more complex LLM flows that may require multiple layers of LLMs, data sources, and APIs working together to generate a single response i.e. a long form 100 page report, I would recommend tools such as Stack AI or Flowise (open-source alternative) to build these solutions out. Essentially, you get most of the functions and features of Python packages such as Langchain and LlamaIndex in a GUI. See screenshot for an example of a flow How the hell are you supposed to find clients? With all that being said, none of this matters if you can't find anyone to sell to. You will have to do cold sales, one way or the other, especially if you are brand new to the game. And what better way to sell your AI services than with AI itself? If we want to integrate AI into the cold outreach process, first we must identify what it's good at doing, and that's obviously writing a bunch of text, in a short amount of time. Similar to the solutions that an AAA can build for its clients, we can take advantage of the same principles in our own sales processes. How to do outreach Once you've identified your niche and their pain points/opportunities for automation, you want to craft a compelling message in which you can send via cold email and cold calls to get prospects booked on demos/consultations. I won't get into too much detail in terms of exactly how to write emails or calling scripts, as there are millions of resources to help with this, but I will tell you a few key points you want to keep in mind when doing outreach for your AAA. First, you want to keep in mind that many businesses are still hesitant about AI and may not understand what it really is or how it can benefit their operations. However, we can take advantage of how mass media has been reporting on AI this past year- at the very least people are AWARE that sooner or later they may have to implement AI into their businesses to stay competitive. We want to frame our message in a way that introduces generative AI as a technology that can have a direct, tangible, and positive impact on their business. Although it may be hard to quantify, I like to include estimates of man-hours saved or costs saved at least in my final proposals to prospects. Times are TOUGH right now, and money is expensive, so you need to have a compelling reason for businesses to get on board. Once you've gotten your messaging down, you will want to create a list of prospects to contact. Tools you can use to find prospects include Apollo.io, reply.io, zoominfo (expensive af), and Linkedin Sales Navigator. What specific job titles, etc. to target will depend on your niche but for smaller companies this will tend to be the owner. For white collar niches, i.e. law, the professional that will be directly benefiting from the tool (i.e. partners) may be better to contact. And for larger organizations you may want to target business improvement and digital transformation leads/directors- these are the people directly in charge of projects like what you may be proposing. Okay- so you have your message, and your list, and now all it comes down to is getting the good word out. I won't be going into the details of how to send these out, a quick Google search will give you hundreds of resources for cold outreach methods. However, personalization is key and beyond simple dynamic variables you want to make sure you can either personalize your email campaigns directly with AI (SmartWriter.ai is an example of a tool that can do this), or at the very least have the ability to import email messages programmatically. Alternatively, ask ChatGPT to make you a Python Script that can take in a list of emails, scrape info based on their linkedin URL or website, and all pass this onto a GPT prompt that specifies your messaging to generate an email. From there, send away. How tf do I close? Once you've got some prospects booked in on your meetings, you will need to close deals with them to turn them into clients. Call #1: Consultation Tying back to when I mentioned you want to take a consultant-first appraoch, you will want to listen closely to their goals and needs and understand their pain points. This would be the first call, and typically I would provide a high level overview of different solutions we could build to tacke these. It really helps to have a presentation available, so you can graphically demonstrate key points and key technologies. I like to use Plus AI for this, it's basically a Google Slides add-on that can generate slide decks for you. I copy and paste my default company messaging, add some key points for the presentation, and it comes out with pretty decent slides. Call #2: Demo The second call would involve a demo of one of these solutions, and typically I'll quickly prototype it with boilerplate code I already have, otherwise I'll cook something up in a no-code tool. If you have a niche where one type of solution is commonly demanded, it helps to have a general demo set up to be able to handle a larger volume of calls, so you aren't burning yourself out. I'll also elaborate on how the final product would look like in comparison to the demo. Call #3 and Beyond: Once the initial consultation and demo is complete, you will want to alleviate any remaining concerns from your prospects and work with them to reach a final work proposal. It's crucial you lay out exactly what you will be building (in writing) and ensure the prospect understands this. Furthermore, be clear and transparent with timelines and communication methods for the project. In terms of pricing, you want to take this from a value-based approach. The same solution may be worth a lot more to client A than client B. Furthermore, you can create "add-ons" such as monthly maintenance/upgrade packages, training sessions for employeees, and so forth, separate from the initial setup fee you would charge. How you can incorporate AI into marketing your businesses Beyond cold sales, I highly recommend creating a funnel to capture warm leads. For instance, I do this currently with my AI tools directory, which links directly to my AI agency and has consistent branding throughout. Warm leads are much more likely to close (and honestly, much nicer to deal with). However, even without an AI-related website, at the very least you will want to create a presence on social media and the web in general. As with any agency, you will want basic a professional presence. A professional virtual address helps, in addition to a Google Business Profile (GBP) and TrustPilot. a GBP (especially for local SEO) and Trustpilot page also helps improve the looks of your search results immensely. For GBP, I recommend using ProfilePro, which is a chrome extension you can use to automate SEO work for your GBP. Aside from SEO optimzied business descriptions based on your business, it can handle Q/A answers, responses, updates, and service descriptions based on local keywords. Privacy and Legal Concerns of the AAA Model Aside from typical concerns for agencies relating to service contracts, there are a few issues (especially when using no-code tools) that will need to be addressed to run a successful AAA. Most of these surround privacy concerns when working with proprietary data. In your terms with your client, you will want to clearly define hosting providers and any third party tools you will be using to build their solution, and a DPA with these third parties listed as subprocessors if necessary. In addition, you will want to implement best practices like redacting private information from data being used for building solutions. In terms of addressing concerns directly from clients, it helps if you host your solutions on their own servers (not possible with AI tools), and address the fact only ChatGPT queries in the web app, not OpenAI API calls, will be used to train OpenAI's models (as reported by mainstream media). The key here is to be open and transparent with your clients about ALL the tools you are using, where there data will be going, and make sure to get this all in writing. have fun, and keep an open mind Before I finish this post, I just want to reiterate the fact that this is NOT an easy way to make money. Running an AI agency will require hours and hours of dedication and work, and constantly rearranging your schedule to meet prospect and client needs. However, if you are looking for a new business to run, and have a knack for understanding business operations and are genuinely interested in the pracitcal applications of generative AI, then I say go for it. The time is ticking before AAA becomes the new dropshipping or SMMA, and I've a firm believer that those who set foot first and establish themselves in this field will come out top. And remember, while 100 thousand people may read this post, only 2 may actually take initiative and start.

The delicate balance of building an online community business

Hey /r/Entrepreneur 👋 Just under two years ago I launched an online community business called Traffic Think Tank with two other co-founders, Nick Eubanks and Ian Howells. As a Traffic Think Tank customer you (currently) pay $119 a month to get access to our online community, which is run through Slack. The community is focused on helping you learn various aspects of marketing, with a particular focus on search engine optimization (SEO). Alongside access to the Slack community, we publish new educational video content from outside experts every week that all customers have access to. At the time of writing, Traffic Think Tank has around 650 members spanning across 17 of the 24 different global time zones. I was on a business trip over in Sydney recently, and during my time there I met up with some of our Australia-based community members. During dinner I was asked by several of them how the idea for Traffic Think Tank came about and what steps we took to validate that the idea was worth pursuing.  This is what I told them… How it all began It all started with a personal need. Nick, an already successful entrepreneur and owner of a marketing agency, had tested out an early version Traffic Think Tank in early 2017. He offered real-time consulting for around ten customers that he ran from Slack. He would publish some educational videos and offer his advice on projects that the members were running. The initial test went well, but it was tough to maintain on his own and he had to charge a fairly high price to make it worth his time. That’s when he spoke to me and Ian about turning this idea into something much bigger. Both Ian and I offered something slightly different to Nick. We’ve both spent time in senior positions at marketing agencies, but currently hold senior director positions in 2,000+ public employee companies (HubSpot and LendingTree). Alongside this, as a trio we could really ramp up the quality and quantity of content within the community, spread out the administrative workload and just generally have more resources to throw at getting this thing off the ground. Admittedly, Nick was much more optimistic about the potential of Traffic Think Tank – something I’m very thankful for now – whereas Ian and I were in the camp of “you’re out of your mind if you think hundreds of people are going to pay us to be a part of a Slack channel”. To validate the idea at scale, we decided that we’d get an initial MVP of the community up and running with a goal of reaching 100 paying customers in the first six months. If we achieved that, we’d validated that it was a viable business and we would continue to pursue it. If not, we’d kill it. We spent the next month building out the initial tech stack that enabled us to accept payments, do basic user management to the Slack channel, and get a one-page website up and running with information on what Traffic Think Tank was all about.  After this was ready, we doubled down on getting some initial content created for members – I mean, we couldn’t have people just land in an empty Slack channel, could we? We created around ten initial videos, 20 or so articles and then some long threads full of useful information within the Slack channel so that members would have some content to pour into right from the beginning.  Then, it was time to go live. The first 100 customers Fortunately, both Nick and I had built a somewhat substantial following in the SEO space over the previous 5-10 years, so we at least had a large email list to tap into (a total of around 40,000 people). We queued up some launch emails, set an initial price of $99 per month and pressed send. [\[LINK\] The launch email I sent to my subscribers announcing Traffic Think Tank](https://mailchi.mp/matthewbarby/future-of-marketing-1128181) What we didn’t expect was to sell all of the initial 100 membership spots in the first 72 hours. “Shit. What do we do now? Are we ready for this many people? Are we providing them with enough value? What if something breaks in our tech stack? What if they don’t like the content? What if everyone hates Slack?” All of these were thoughts running through my head. This brings me to the first great decision we made: we closed down new membership intake for 3 months so that we could focus completely on adding value to the first cohort of users. The right thing at the right time SEO is somewhat of a dark art to many people that are trying to learn about it for the first time. There’s hundreds of thousands (possibly millions) of articles and videos online that talk about how to do SEO.  Some of it’s good advice; a lot of it is very bad advice.  Add to this that the barrier to entry of claiming to be an “expert” in SEO is practically non-existent and you have a recipe for disaster. This is why, for a long time, individuals involved in SEO have flocked in their masses to online communities for information and to bounce ideas off of others in the space. Forums like SEObook, Black Hat World, WickedFire, Inbound.org, /r/BigSEO, and many more have, at one time, been called home by many SEOs.  In recent times, these communities have either been closed down or just simply haven’t adapted to the changing needs of the community – one of those needs being real-time feedback on real-world problems.  The other big need that we all spotted and personally had was the ability to openly share the things that are working – and the things that aren’t – in SEO within a private forum. Not everyone wanted to share their secret sauce with the world. One of the main reasons we chose Slack as the platform to run our community on was the fact that it solved these two core needs. It gave the ability to communicate in real-time across multiple devices, and all of the information shared within it was outside of the public domain. The other problem that plagued a lot of these early communities was spam. Most of them were web-based forums that were free to access. That meant they became a breeding ground for people trying to either sell their services or promote their own content – neither of which is conducive to building a thriving community. This was our main motivation for charging a monthly fee to access Traffic Think Tank. We spent a lot of time thinking through pricing. It needed to be enough money that people would be motivated to really make use of their membership and act in a way that’s beneficial to the community, but not too much money that it became cost prohibitive to the people that would benefit from it the most. Considering that most of our members would typically spend between $200-800 per month on SEO software, $99 initially felt like the perfect balance. Growing pains The first three months of running the community went by without any major hiccups. Members were incredibly patient with us, gave us great feedback and were incredibly helpful and accommodating to other members. Messages were being posted every day, with Nick, Ian and myself seeding most of the engagement at this stage.  With everything going smoothly, we decided that it was time to open the doors to another intake of new members. At this point we’d accumulated a backlog of people on our waiting list, so we knew that simply opening our doors would result in another large intake. Adding more members to a community has a direct impact on the value that each member receives. For Traffic Think Tank in particular, the value for members comes from three areas: The ability to have your questions answered by me, Nick and Ian, as well as other members of the community. The access to a large library of exclusive content. The ability to build connections with the wider community. In the early stages of membership growth, there was a big emphasis on the first of those three points. We didn’t have an enormous content library, nor did we have a particularly large community of members, so a lot of the value came from getting a lot of one-to-one time with the community founders. [\[IMAGE\] Screenshot of engagement within the Traffic Think Tank Slack community](https://cdn.shortpixel.ai/client/qglossy,retimg,w_1322/https://www.matthewbarby.com/wp-content/uploads/2019/08/Community-Engagement-in-Traffic-Think-Tank.png) The good thing about having 100 members was that it was just about feasible to give each and every member some one-to-one time within the month, which really helped us to deliver those moments of delight that the community needed early on. Two-and-a-half months after we launched Traffic Think Tank, we opened the doors to another 250 people, taking our total number of members to 350. This is where we experienced our first growing pains.  Our original members had become used to being able to drop us direct messages and expect an almost instant response, but this wasn’t feasible anymore. There were too many people, and we needed to create a shift in behavior. We needed more value to come from the community engaging with one another or we’d never be able to scale beyond this level. We started to really pay attention to engagement metrics; how many people were logging in every day, and of those, how many were actually posting messages within public channels.  We asked members that were logging in a lot but weren’t posting (the “lurkers”) why that was the case. We also asked the members that engaged in the community the most what motivated them to post regularly. We learned a lot from doing this. We found that the large majority of highly-engaged members had much more experience in SEO, whereas most of the “lurkers” were beginners. This meant that most of the information being shared in the community was very advanced, with a lot of feedback from the beginners in the group being that they “didn’t want to ask a stupid question”.  As managers of the community, we needed to facilitate conversations that catered to all of our members, not just those at a certain level of skill. To tackle this problem, we created a number of new channels that had a much deeper focus on beginner topics so novice members had a safe place to ask questions without judgment.  We also started running live video Q&As each month where we’d answer questions submitted by the community. This gave our members one-on-one time with me, Nick and Ian, but spread the value of these conversations across the whole community rather than them being hidden within private messages. As a result of these changes, we found that the more experienced members in the community were really enjoying sharing their knowledge with those with less experience. The number of replies within each question thread was really starting to increase, and the community started to shift away from just being a bunch of threads created by me, Nick and Ian to a thriving forum of diverse topics compiled by a diverse set of individuals. This is what we’d always wanted. A true community. It was starting to happen. [\[IMAGE\] Chart showing community engagement vs individual member value](https://cdn.shortpixel.ai/client/qglossy,retimg,w_1602/https://www.matthewbarby.com/wp-content/uploads/2019/08/Community-Engagement-Balance-Graph.jpg) At the same time, we started to realize that we’ll eventually reach a tipping point where there’ll be too much content for us to manage and our members to engage with. When we reach this point, the community will be tough to follow and the quality of any given post will go down. Not only that, but the community will become increasingly difficult to moderate. We’re not there yet, but we recognize that this will come, and we’ll have to adjust our model again. Advocating advocacy As we started to feel more comfortable about the value that members were receiving, we made the decision to indefinitely open for new members. At the same time, we increased the price of membership (from $99 a month to $119) in a bid to strike the right balance between profitability as a business and to slow down the rate at which we were reaching the tipping point of community size. We also made the decision to repay all of our early adopters by grandfathering them in to the original pricing – and committing to always do this in the future. Despite the price increase, we saw a continued flow of new members come into the community. The craziest part about this was that we were doing practically no marketing activities to encourage new members– this was all coming from word of mouth. Our members were getting enough value from the community that they were recommending it to their friends, colleagues and business partners.  The scale at which this was happening really took us by surprise and it told us one thing very clearly: delivering more value to members resulted in more value being delivered to the business. This is a wonderful dynamic to have because it perfectly aligns the incentives on both sides. We’d said from the start that we wouldn’t sacrifice value to members for more revenue – this is something that all three of us felt very strongly about. First and foremost, we wanted to create a community that delivered value to its members and was run in a way that aligned with our values as people. If we could find a way to stimulate brand advocacy, while also tightening the bonds between all of our individual community members, we’d be boosting both customer retention and customer acquisition in the same motion. This became our next big focus. [\[TWEET\] Adam, one of our members wore his Traffic Think Tank t-shirt in the Sahara desert](https://twitter.com/AdamGSteele/status/1130892481099382784) We started with some simple things: We shipped out Traffic Think Tank branded T-shirts to all new members. We’d call out each of the individuals that would submit questions to our live Q&A sessions and thank them live on air. We set up a new channel that was dedicated to sharing a quick introduction to who you are, what you do and where you’re based for all new members. We’d created a jobs channel and a marketplace for selling, buying and trading services with other members. Our monthly “blind dates” calls were started where you’d be randomly grouped with 3-4 other community members so that you could hop on a call to get to know each other better. The Traffic Think Tank In Real Life (IRL)* channel was born, which enabled members to facilitate in-person meetups with each other. In particular, we saw that as members started to meet in person or via calls the community itself was feeling more and more like a family. It became much closer knit and some members started to build up a really positive reputation for being particularly helpful to other members, or for having really strong knowledge in a specific area. [\[TWEET\] Dinner with some of the Traffic Think Tank members in Brighton, UK](https://twitter.com/matthewbarby/status/1117175584080134149) Nick, Ian and I would go out of our way to try and meet with members in real life wherever we could. I was taken aback by how appreciative people were for us doing this, and it also served as an invaluable way to gain honest feedback from members. There was another trend that we’d observed that we didn’t really expect to happen. More and more members were doing business with each another. We’ve had people find new jobs through the community, sell businesses to other members, launch joint ventures together and bring members in as consultants to their business. This has probably been the most rewarding thing to watch, and it was clear that the deeper relationships that our members were forming were resulting in an increased level of trust to work with each other. We wanted to harness this and take it to a new level. This brought us to arguably the best decision we’ve made so far running Traffic Think Tank… we were going to run a big live event for our members. I have no idea what I’m doing It’s the first week of January 2019 and we’re less than three weeks away from Traffic Think Tank LIVE, our first ever in-person event hosting 150 people, most of which are Traffic Think Tank members. It's like an ongoing nightmare I can’t wake up from. That was Nick’s response in our private admin channel to myself and Ian when I asked if they were finding the run-up to the event as stressful as I was. I think that all three of us were riding on such a high from how the community was growing that we felt like we could do anything. Running an event? How hard can it be? Well, turns out it’s really hard. We had seven different speakers flying over from around the world to speak at the event, there was a pre- and after event party, and we’d planned a charity dinner where we would take ten attendees (picked at random via a raffle) out for a fancy meal. Oh, and Nick, Ian and I were hosting a live Q&A session on stage. It wasn’t until precisely 48 hours before the event that we’d realized we didn’t have any microphones, nor had a large amount of the swag we’d ordered arrived. Plus, a giant storm had hit Philly causing a TON of flight cancellations. Perfect. Just perfect. This was honestly the tip of the iceberg. We hadn’t thought about who was going to run the registration desk, who would be taking photos during the event and who would actually field questions from the audience while all three of us sat on stage for our live Q&A panel. Turns out that the answer to all of those questions were my wife, Laura, and Nick’s wife, Kelley. Thankfully, they were on hand to save our asses. The weeks running up to the event were honestly some of the most stressful of my life. We sold around 50% of our ticket allocation within the final two weeks before the event. All of the event organizers told us this would happen, but did we believe them? Hell no!  Imagine having two weeks until the big day and as it stood half of the room would be completely empty. I was ready to fly most of my extended family over just to make it look remotely busy. [\[IMAGE\] One of our speakers, Ryan Stewart, presenting at Traffic Think Tank LIVE](https://cdn.shortpixel.ai/client/qglossy,retimg,w_1920/https://www.matthewbarby.com/wp-content/uploads/2019/08/Traffic-Think-Tank-LIVE-Ryan-Presenting.jpg) Thankfully, if all came together. We managed to acquire some microphones, the swag arrived on the morning of the event, all of our speakers were able to make it on time and the weather just about held up so that our entire allocation of ticket holders was able to make it to the event. We pooled together and I’m proud to say that the event was a huge success. While we made a substantial financial loss on the event itself, January saw a huge spike in new members, which more than recouped our losses. Not only that, but we got to hang out with a load of our members all day while they said really nice things about the thing we’d built. It was both exhausting and incredibly rewarding. Bring on Traffic Think Tank LIVE 2020! (This time we’re hiring an event manager...)   The road ahead Fast forward to today (August 2019) and Traffic Think Tank has over 650 members. The biggest challenges that we’re tackling right now include making sure the most interesting conversations and best content surfaces to the top of the community, making Slack more searchable (this is ultimately one of its flaws as a platform) and giving members a quicker way to find the exclusive content that we create. You’ll notice there’s a pretty clear theme here. In the past 30 days, 4,566 messages were posted in public channels inside Traffic Think Tank. If you add on any messages posted inside private direct messages, this number rises to 21,612. That’s a lot of messages. To solve these challenges and enable further scale in the future, we’ve invested a bunch of cash and our time into building out a full learning management system (LMS) that all members will get access to alongside the Slack community. The LMS will be a web-based portal that houses all of the video content we produce. It will also  provide an account admin section where users can update or change their billing information (they have to email us to do this right now, which isn’t ideal), a list of membership perks and discounts with our partners, and a list of links to some of the best threads within Slack – when clicked, these will drop you directly into Slack. [\[IMAGE\] Designs for the new learning management system (LMS)](https://cdn.shortpixel.ai/client/qglossy,retimg,w_2378/https://www.matthewbarby.com/wp-content/uploads/2019/08/Traffic-Think-Tank-LMS.png) It’s not been easy, but we’re 95% of the way through this and I’m certain that it will have a hugely positive impact on the experience for our members. Alongside this we hired a community manager, Liz, who supports with any questions that our members have, coordinates with external experts to arrange webinars for the community, helps with new member onboarding, and has tightened up some of our processes around billing and general accounts admin. This was a great decision. Finally, we’ve started planning next year’s live event, which we plan to more than double in size to 350 attendees, and we decided to pick a slightly warmer location in Miami this time out. Stay tuned for me to have a complete meltdown 3 weeks from the event. Final thoughts When I look back on the journey we’ve had so far building Traffic Think Tank, there’s one very important piece to this puzzle that’s made all of this work that I’ve failed to mention so far: co-founder alignment. Building a community is a balancing act that relies heavily on those in charge being completely aligned. Nick, Ian and I completely trust each other and more importantly, are philosophically aligned on how we want to run and grow the community. If we didn’t have this, the friction between us could tear apart the entire community. Picking the right people to work with is important in any company, but when your business is literally about bringing people together, there’s no margin for error here.  While I’m sure there will be many more challenges ahead, knowing that we all trust each other to make decisions that fall in line with each of our core values makes these challenges dramatically easier to overcome. Finally, I’d like to thank all of our members for making the community what it is today – it’d be nothing without you and I promise that we’ll never take that for granted. ​ I originally posted this on my blog here. Welcoming all of your thoughts, comments, questions and I'll do my best to answer them :)

Raised $450k for my startup, here are the lessons I've learned along the way

2021 has been a pretty amazing year for Omnisearch. Having started initial work on Omnisearch at the end of 2020, we entered the new year with a working MVP yet no revenue, no significant partnerships, and no funding. Fast forward to the end of 2021, and we now have fantastic revenue growth, a partnership with a public company, and a far more powerful, complete and polished product. But one milestone really changed Omnisearch’s trajectory: our $450,000 USD pre-seed round by GoAhead Ventures. In this post I want to share the story of how it came about and offer a couple of takeaways to keep in mind when preparing for fundraising. ​ The story Contrary to most advice, my co-founder Matej and I didn’t allocate a specific time to switch to “fundraising mode” but rather talked to investors on an ongoing basis. It was a bit of a distraction from working on the product, but on the positive side we were able to constantly get feedback on the idea, pitch, go-to-market strategy and hiring, as well as hearing investors’ major concerns sooner rather than later. That being said, our six-month long fundraising efforts weren’t yielding results - we talked to about twenty investors, mostly angels or smaller funds, with no success. The feedback was generally of the “too early for us” variety (since we were still pre-revenue), with additional questions about our go-to-market strategy and ideal customer persona. The introduction to our eventual investors, California-based GoAhead Ventures, came through a friend who had pitched them previously. We wrote a simple blurb and sent our pitch deck. We then went through GoAhead’s hyper-efficient screening process, consisting of a 30-minute call, a recorded three-minute pitch, and filling out a simple Google doc. Throughout the whole process, the GoAhead team left an awesome impression thanks to their knowledge of enterprise software and their responsiveness. They ended up investing and the whole deal was closed within two weeks, which is super fast even by Silicon Valley standards. While our fundraising experience is a single data point and your case might be different, here are the key takeaways from our journey. ​ Perseverance wins: Like I said above, we talked to about twenty investors before we closed our round. Getting a series of “no”s sucks, but we took the feedback seriously and tried to prepare better for questions that caught us off guard. But we persevered, keeping in mind that from a bird’s eye perspective it’s an amazing time to be building startups and raising funds. Focus on traction: Sounds pretty obvious, right? The truth is, though, that even a small amount of revenue is infinitely better than none at all. One of the major differences between our eventual successful investor pitch and the earlier ones was that we had actual paying customers, though our MRR was low. This allows you to talk about customers in the present tense, showing there’s actual demand for your product and making the use cases more tangible. And ideally, highlight a couple of customer testimonials to boost your credibility. Have a demo ready: In Omnisearch’s case, the demo was oftentimes the best received part of the pitch or call. We’d show investors the live demo, and for bonus points even asked them to choose a video from YouTube and then try searching through it. This always had a “wow” effect on prospective investors and made the subsequent conversation more exciting and positive. Accelerators: Accelerators like Y Combinator or Techstars can add enormous value to a startup, especially in the early stages. And while it’s a great idea to apply, don’t rely on them too heavily. Applications happen only a few times a year, and you should have a foolproof fundraising plan in case you don’t get in. In our case, we just constantly looked for investors who were interested in our space (defined as enterprise SaaS more broadly), using LinkedIn, AngelList, and intros from our own network. Practice the pitch ad nauseam: Pitching is tough to get right even for seasoned pros, so it pays to practice as often as possible. We took every opportunity to perfect the pitch: attending meetups and giving the thirty-second elevator pitch to other attendees over beer and pizza, participating in startup competitions, going to conferences and exhibiting at our own booth, attending pre-accelerator programs, and pitching to friends who are in the startup world. Show an understanding of the competition: Frankly, this was one of the strongest parts of our pitch and investor conversations. If you’re in a similar space to ours, Gartner Magic Quadrants and Forrester Waves are an awesome resource, as well as sites like AlternativeTo or Capterra and G2. By thoroughly studying these resources we gained a great understanding of the industry landscape and were able to articulate our differentiation more clearly and succinctly. Presenting this visually in a coordinate system or a feature grid is, from our experience, even more effective. Remember it’s just the beginning! Getting your first round of funding is just the beginning of the journey, so it’s important to avoid euphoria and get back to building and selling the product as soon as possible. While securing funding enables you to scale the team, and is a particular relief if the founders had worked without a salary, the end goal is still to build a big, profitable, and overall awesome startup.

How a founder built a B2B AI startup to serve with 65+ global brands (including Fortune500 companies)

AI Palette is an AI-driven platform that helps food and beverage companies predict emerging product trends. I had the opportunity recently to sit down with the founder to get his advice on building an AI-first startup, which he'll be going through in this post. About AI Palette: Co-founders: >!2 (Somsubhra GanChoudhuri, Himanshu Upreti)!!100+!!$12.7M USD!!AI-powered predictive analytics for the CPG (Consumer Packaged Goods) industry!!Signed first paying customer in the first year!!65+ global brands, including Cargill, Diageo, Ajinomoto, Symrise, Mondelez, and L’Oréal, use AI Palette!!Every new product launched has secured a paying client within months!!Expanded into Beauty & Personal Care (BPC), onboarding one of India’s largest BPC companies within weeks!!Launched multiple new product lines in the last two years, creating a unified suite for brand innovation!Identify the pain points in your industry for ideas* When I was working in the flavour and fragrance industry, I noticed a major issue CPG companies faced: launching a product took at least one to two years. For instance, if a company decided today to launch a new juice, it wouldn’t hit the market until 2027. This long timeline made it difficult to stay relevant and on top of trends. Another big problem I noticed was that companies relied heavily on market research to determine what products to launch. While this might work for current consumer preferences, it was highly inefficient since the product wouldn’t actually reach the market for several years. By the time the product launched, the consumer trends had already shifted, making that research outdated. That’s where AI can play a crucial role. Instead of looking at what consumers like today, we realised that companies should use AI to predict what they will want next. This allows businesses to create products that are ahead of the curve. Right now, the failure rate for new product launches is alarmingly high, with 8 out of 10 products failing. By leveraging AI, companies can avoid wasting resources on products that won’t succeed, leading to better, more successful launches. Start by talking to as many industry experts as possible to identify the real problems When we first had the idea for AI Palette, it was just a hunch, a gut feeling—we had no idea whether people would actually pay for it. To validate the idea, we reached out to as many people as we could within the industry. Since our focus area was all about consumer insights, we spoke to professionals in the CPG sector, particularly those in the insights departments of CPG companies. Through these early conversations, we began to see a common pattern emerge and identified the exact problem we wanted to solve. Don’t tell people what you’re building—listen to their frustrations and challenges first. Going into these early customer conversations, our goal was to listen and understand their challenges without telling them what we were trying to build. This is crucial as it ensures that you can gather as much data about the problem to truly understand it and that you aren't biasing their answers by showing your solution. This process helped us in two key ways: First, it validated that there was a real problem in the industry through the number of people who spoke about experiencing the same problem. Second, it allowed us to understand the exact scale and depth of the problem—e.g., how much money companies were spending on consumer research, what kind of tools they were currently using, etc. Narrow down your focus to a small, actionable area to solve initially. Once we were certain that there was a clear problem worth solving, we didn’t try to tackle everything at once. As a small team of two people, we started by focusing on a specific area of the problem—something big enough to matter but small enough for us to handle. Then, we approached customers with a potential solution and asked them for feedback. We learnt that our solution seemed promising, but we wanted to validate it further. If customers are willing to pay you for the solution, it’s a strong validation signal for market demand. One of our early customer interviewees even asked us to deliver the solution, which we did manually at first. We used machine learning models to analyse the data and presented the results in a slide deck. They paid us for the work, which was a critical moment. It meant we had something with real potential, and we had customers willing to pay us before we had even built the full product. This was the key validation that we needed. By the time we were ready to build the product, we had already gathered crucial insights from our early customers. We understood the specific information they wanted and how they wanted the results to be presented. This input was invaluable in shaping the development of our final product. Building & Product Development Start with a simple concept/design to validate with customers before building When we realised the problem and solution, we began by designing the product, but not by jumping straight into coding. Instead, we created wireframes and user interfaces using tools like InVision and Figma. This allowed us to visually represent the product without the need for backend or frontend development at first. The goal was to showcase how the product would look and feel, helping potential customers understand its value before we even started building. We showed these designs to potential customers and asked for feedback. Would they want to buy this product? Would they pay for it? We didn’t dive into actual development until we found a customer willing to pay a significant amount for the solution. This approach helped us ensure we were on the right track and didn’t waste time or resources building something customers didn’t actually want. Deliver your solution using a manual consulting approach before developing an automated product Initially, we solved problems for customers in a more "consulting" manner, delivering insights manually. Recall how I mentioned that when one of our early customer interviewees asked us to deliver the solution, we initially did it manually by using machine learning models to analyse the data and presenting the results to them in a slide deck. This works for the initial stages of validating your solution, as you don't want to invest too much time into building a full-blown MVP before understanding the exact features and functionalities that your users want. However, after confirming that customers were willing to pay for what we provided, we moved forward with actual product development. This shift from a manual service to product development was key to scaling in a sustainable manner, as our building was guided by real-world feedback and insights rather than intuition. Let ongoing customer feedback drive iteration and the product roadmap Once we built the first version of the product, it was basic, solving only one problem. But as we worked closely with customers, they requested additional features and functionalities to make it more useful. As a result, we continued to evolve the product to handle more complex use cases, gradually developing new modules based on customer feedback. Product development is a continuous process. Our early customers pushed us to expand features and modules, from solving just 20% of their problems to tackling 50–60% of their needs. These demands shaped our product roadmap and guided the development of new features, ultimately resulting in a more complete solution. Revenue and user numbers are key metrics for assessing product-market fit. However, critical mass varies across industries Product-market fit (PMF) can often be gauged by looking at the size of your revenue and the number of customers you're serving. Once you've reached a certain critical mass of customers, you can usually tell that you're starting to hit product-market fit. However, this critical mass varies by industry and the type of customers you're targeting. For example, if you're building an app for a broad consumer market, you may need thousands of users. But for enterprise software, product-market fit may be reached with just a few dozen key customers. Compare customer engagement and retention with other available solutions on the market for product-market fit Revenue and the number of customers alone isn't always enough to determine if you're reaching product-market fit. The type of customer and the use case for your product also matter. The level of engagement with your product—how much time users are spending on the platform—is also an important metric to track. The more time they spend, the more likely it is that your product is meeting a crucial need. Another way to evaluate product-market fit is by assessing retention, i.e whether users are returning to your platform and relying on it consistently, as compared to other solutions available. That's another key indication that your solution is gaining traction in the market. Business Model & Monetisation Prioritise scalability Initially, we started with a consulting-type model where we tailor-made specific solutions for each customer use-case we encountered and delivered the CPG insights manually, but we soon realized that this wasn't scalable. The problem with consulting is that you need to do the same work repeatedly for every new project, which requires a large team to handle the workload. That is not how you sustain a high-growth startup. To solve this, we focused on building a product that would address the most common problems faced by our customers. Once built, this product could be sold to thousands of customers without significant overheads, making the business scalable. With this in mind, we decided on a SaaS (Software as a Service) business model. The benefit of SaaS is that once you create the software, you can sell it to many customers without adding extra overhead. This results in a business with higher margins, where the same product can serve many customers simultaneously, making it much more efficient than the consulting model. Adopt a predictable, simplistic business model for efficiency. Look to industry practices for guidance When it came to monetisation, we considered the needs of our CPG customers, who I knew from experience were already accustomed to paying annual subscriptions for sales databases and other software services. We decided to adopt the same model and charge our customers an annual upfront fee. This model worked well for our target market, aligning with industry standards and ensuring stable, recurring revenue. Moreover, our target CPG customers were already used to this business model and didn't have to choose from a huge variety of payment options, making closing sales a straightforward and efficient process. Marketing & Sales Educate the market to position yourself as a thought leader When we started, AI was not widely understood, especially in the CPG industry. We had to create awareness around both AI and its potential value. Our strategy focused on educating potential users and customers about AI, its relevance, and why they should invest in it. This education was crucial to the success of our marketing efforts. To establish credibility, we adopted a thought leadership approach. We wrote blogs on the importance of AI and how it could solve problems for CPG companies. We also participated in events and conferences to demonstrate our expertise in applying AI to the industry. This helped us build our brand and reputation as leaders in the AI space for CPG, and word-of-mouth spread as customers recognized us as the go-to company for AI solutions. It’s tempting for startups to offer products for free in the hopes of gaining early traction with customers, but this approach doesn't work in the long run. Free offerings don’t establish the value of your product, and customers may not take them seriously. You should always charge for pilots, even if the fee is minimal, to ensure that the customer is serious about potentially working with you, and that they are committed and engaged with the product. Pilots/POCs/Demos should aim to give a "flavour" of what you can deliver A paid pilot/POC trial also gives you the opportunity to provide a “flavour” of what your product can deliver, helping to build confidence and trust with the client. It allows customers to experience a detailed preview of what your product can do, which builds anticipation and desire for the full functionality. During this phase, ensure your product is built to give them a taste of the value you can provide, which sets the stage for a broader, more impactful adoption down the line. Fundraising & Financial Management Leverage PR to generate inbound interest from VCs When it comes to fundraising, our approach was fairly traditional—we reached out to VCs and used connections from existing investors to make introductions. However, looking back, one thing that really helped us build momentum during our fundraising process was getting featured in Tech in Asia. This wasn’t planned; it just so happened that Tech in Asia was doing a series on AI startups in Southeast Asia and they reached out to us for an article. During the interview, they asked if we were fundraising, and we mentioned that we were. As a result, several VCs we hadn’t yet contacted reached out to us. This inbound interest was incredibly valuable, and we found it far more effective than our outbound efforts. So, if you can, try to generate some PR attention—it can help create inbound interest from VCs, and that interest is typically much stronger and more promising than any outbound strategies because they've gone out of their way to reach out to you. Be well-prepared and deliberate about fundraising. Keep trying and don't lose heart When pitching to VCs, it’s crucial to be thoroughly prepared, as you typically only get one shot at making an impression. If you mess up, it’s unlikely they’ll give you a second chance. You need to have key metrics at your fingertips, especially if you're running a SaaS company. Be ready to answer questions like: What’s your retention rate? What are your projections for the year? How much will you close? What’s your average contract value? These numbers should be at the top of your mind. Additionally, fundraising should be treated as a structured process, not something you do on the side while juggling other tasks. When you start, create a clear plan: identify 20 VCs to reach out to each week. By planning ahead, you’ll maintain momentum and speed up the process. Fundraising can be exhausting and disheartening, especially when you face multiple rejections. Remember, you just need one investor to say yes to make it all worthwhile. When using funds, prioritise profitability and grow only when necessary. Don't rely on funding to survive. In the past, the common advice for startups was to raise money, burn through it quickly, and use it to boost revenue numbers, even if that meant operating at a loss. The idea was that profitability wasn’t the main focus, and the goal was to show rapid growth for the next funding round. However, times have changed, especially with the shift from “funding summer” to “funding winter.” My advice now is to aim for profitability as soon as possible and grow only when it's truly needed. For example, it’s tempting to hire a large team when you have substantial funds in the bank, but ask yourself: Do you really need 10 new hires, or could you get by with just four? Growing too quickly can lead to unnecessary expenses, so focus on reaching profitability as soon as possible, rather than just inflating your team or burn rate. The key takeaway is to spend your funds wisely and only when absolutely necessary to reach profitability. You want to avoid becoming dependent on future VC investments to keep your company afloat. Instead, prioritize reaching break-even as quickly as you can, so you're not reliant on external funding to survive in the long run. Team-Building & Leadership Look for complementary skill sets in co-founders When choosing a co-founder, it’s important to find someone with a complementary skill set, not just someone you’re close to. For example, I come from a business and commercial background, so I needed someone with technical expertise. That’s when I found my co-founder, Himanshu, who had experience in machine learning and AI. He was a great match because his technical knowledge complemented my business skills, and together we formed a strong team. It might seem natural to choose your best friend as your co-founder, but this can often lead to conflict. Chances are, you and your best friend share similar interests, skills, and backgrounds, which doesn’t bring diversity to the table. If both of you come from the same industry or have the same strengths, you may end up butting heads on how things should be done. Having diverse skill sets helps avoid this and fosters a more collaborative working relationship. Himanshu (left) and Somsubhra (right) co-founded AI Palette in 2018 Define roles clearly to prevent co-founder conflict To avoid conflict, it’s essential that your roles as co-founders are clearly defined from the beginning. If your co-founder and you have distinct responsibilities, there is no room for overlap or disagreement. This ensures that both of you can work without stepping on each other's toes, and there’s mutual respect for each other’s expertise. This is another reason as to why it helps to have a co-founder with a complementary skillset to yours. Not only is having similar industry backgrounds and skillsets not particularly useful when building out your startup, it's also more likely to lead to conflicts since you both have similar subject expertise. On the other hand, if your co-founder is an expert in something that you're not, you're less likely to argue with them about their decisions regarding that aspect of the business and vice versa when it comes to your decisions. Look for employees who are driven by your mission, not salary For early-stage startups, the first hires are crucial. These employees need to be highly motivated and excited about the mission. Since the salary will likely be low and the work demanding, they must be driven by something beyond just the paycheck. The right employees are the swash-buckling pirates and romantics, i.e those who are genuinely passionate about the startup’s vision and want to be part of something impactful beyond material gains. When employees are motivated by the mission, they are more likely to stick around and help take the startup to greater heights. A litmus test for hiring: Would you be excited to work with them on a Sunday? One of the most important rounds in the hiring process is the culture fit round. This is where you assess whether a candidate shares the same values as you and your team. A key question to ask yourself is: "Would I be excited to work with this person on a Sunday?" If there’s any doubt about your answer, it’s likely not a good fit. The idea is that you want employees who align with the company's culture and values and who you would enjoy collaborating with even outside of regular work hours. How we structure the team at AI Palette We have three broad functions in our organization. The first two are the big ones: Technical Team – This is the core of our product and technology. This team is responsible for product development and incorporating customer feedback into improving the technology Commercial Team – This includes sales, marketing, customer service, account managers, and so on, handling everything related to business growth and customer relations. General and Administrative Team – This smaller team supports functions like finance, HR, and administration. As with almost all businesses, we have teams that address the two core tasks of building (technical team) and selling (commercial team), but given the size we're at now, having the administrative team helps smoothen operations. Set broad goals but let your teams decide on execution What I've done is recruit highly skilled people who don't need me to micromanage them on a day-to-day basis. They're experts in their roles, and as Steve Jobs said, when you hire the right person, you don't have to tell them what to do—they understand the purpose and tell you what to do. So, my job as the CEO is to set the broader goals for them, review the plans they have to achieve those goals, and periodically check in on progress. For example, if our broad goal is to meet a certain revenue target, I break it down across teams: For the sales team, I’ll look at how they plan to hit that target—how many customers they need to sell to, how many salespeople they need, and what tactics and strategies they plan to use. For the technical team, I’ll evaluate our product offerings—whether they think we need to build new products to attract more customers, and whether they think it's scalable for the number of customers we plan to serve. This way, the entire organization's tasks are cascaded in alignment with our overarching goals, with me setting the direction and leaving the details of execution to the skilled team members that I hire.

7 free ways to find customers

You do not need to burn thousands on paid ads to find customers. Most businesses think ads are the only way to get customers. They spend huge amounts on Google and Facebook ads with low conversion rates and end up desperate when the money runs out. Here are some FREE strategies that work way better: Be where your customers already hang out Monitor platforms like Reddit, LinkedIn, Facebook groups and other online communities where your target audience discusses their problems. Look for people actively seeking solutions you provide. The conversion rate is much higher because these are people already looking for what you sell. Create content that solves real problems Create blog posts, videos, or social content that addresses specific pain points your audience has. I started writing detailed guides about problems I knew my customers faced and they began finding me organically through search. Strategic partnerships with complementary businesses I connected with businesses that served the same customers but offered different products. We created joint social posts and shared each other's content at zero cost. This opened up their audience to me and vice versa. Get interviewed on podcasts This one surprised me. Many niche industry podcasts need guests constantly. I reached out offering specific topics I could speak on with value for their audience. This positioned me as an expert while reaching new potential customers. Build in public Sharing your journey building your product creates a following of interested people. I posted weekly updates on X about challenges and wins, which created a small but engaged community before we even launched. Leverage personal networks properly Not by spamming friends, but by asking for specific introductions to people who might genuinely benefit from what you offer. One quality introduction beats 100 cold emails. Create free tools or resources This is one of the most effective strategies. You can easily build these free tools using AI now. I built a simple calculator that helped people in my industry solve a common problem. It generated leads because users found it valuable and shared it. The most important thing I learned is that these methods actually produce higher quality customers. They come to you already understanding the value you provide, which means better conversion rates and longer customer relationships. It takes more patience than ads, but the ROI is significantly better in the long run. Plus, these strategies help you understand your customers better, which improves everything else in your business.

[Ultimate List] A list of Marketing Tools That I’ve tested over the years and found helpful to do better marketing with less work. More than 50 Tools To Help you with Marketing, Copywriting & Sales!

Starting to focus on marketing for your business, You will come across the same tools mentioned over and over by marketers. I would like to mention here tools that you might haven’t seen going viral in the community but actually will help you grow faster and efficiently. Starting off with My favourite Marketing Channel! #Email Marketing For SMBs Convertkit / Mailerlite / Mailchimp - These 3 Platforms are the best options for SMBs and entrepreneurs just starting out with email marketing. All 3 have free plans up to 1,000 subscribers. Scribe - Email Signature Tool, Create Great Email signatures for your emails. Liramail - Most Email marketing platforms don’t offer great email templates. This tool will help you build great email templates with drag and drop. Quick mail Auto-Warmer - Most Businesses at the beginning don’t know what to do when open rate drops. You need to use an email warmer like this to keep it up. #Email Marketing For Big Businesses SendGrid - Overall Email Marketing Tools, this tool is best for brands that have huge email lists and email marketing is the key marketing channel. Braze - This tool is leading in email marketing for large Email senders. When I was working for agencies, this was one of the best email marketing tools I had used. NeoCertified - Protect your emails for spammers and threats. To keep your email list healthy, this is a must have! Sparkloop - Referral Marketing For Email Campaigns. Email can generate great huge amount of referrals for you and Sparkloop makes it easier. #Cold Emails & Lead Generation Hunter - A Great Tool to scrape emails from domain names. The tool comes with a green free plan but Pro plan is worth the amount of features it provides. Icyleads - It’s better than Hunter as it’s heavily focused on the sales and prospecting to help you derive great results from your campaigns. Mailshake - Beginner Friend Cold Email Tool with Great features like email list warming. #Communication Tools Twilio - One do the best customer engagement platform used by Companies like Stripe and mine too. Chatlio - Use Live chat feature on your website with slack integration. My favourite easier to catch up on conversations through slack integration. Intercom - Used by Most Marketers, Industry Leading customer communication platform. Great for beginners! Chatwoot - Another Amazing Communication Tool but the best part is they have a great free plan useful for new businesses. Loom - Communicate with your audience through Videos. Loom is great for SaaS and to show human interaction to close new visitors effectively. #CRM Outseta - This tool provides great CRM and their billing system is better than other tools out their which makes it stands out! Hubspot - I don’t think this tool needs an introduction because Hubspot’s CRM is the best in industry. Salesflare - This CRM is a great alternative to hubspot as it’s beginner friendly and helpful for SMBs. #SEO Tools Ahrefs - One of the best SEO tool in the industry. They also just launched a bunch of free tools to help SEO beginners. Screaming frog - The only website crawler I have used since I bought my first domain. It’s the best! Ubersuggest- The Tool by Neil Patel is the best SEO tool for you. (I’m Joking, it’s the worst) Contentking - This tool is good at Real-time SEO Auditing, they do a lot of Marketing work through Newsletters. If you are subscribed to any SEO newsletter. You may have seen this tool. SEOquake & Semrush - SEOquake is a great tool to conduct on-page analysis, SERP, and much more. Great tool but it’s owned by Semrush. You should go for Semrush because that tool will cover all SEO aspects for you. #Content Marketing Buzzsumo - This tool is great for content research and but you may find the regular emails pretty annoying sometimes. Contentrow - Analyse Your Content and find it’s strength. Highly recommended who are weak at content structuring like me. Grammarly - If you are not a native English speaker like me, you might think you need it or not. You need it for sure for grammar corrections. #Graphic Design Tools Visme - At agencies, Infographics can be more effective than usual postscript. Visme is a graphic design tool focused on infographics and designs related to B2B and B2C. It’s great for agencies! Glorify - A Graphic Design Tool focused on E-commerce, filled with Designs useful for E-commerce store owners. Canva - All-in-one Industry leading Graphic Design Tool that everyone knows and every template is overused now. Adobe Creative Cloud ( previously Sparkpost) - It’s a great alternative to Canva filled with Amazing Stock images to use in your visuals but the only backlash is the exports in this tool are not high quality. Snaps - A Canva Alternative that might not have overused templates for your Social Accounts. #Advertising Tools Plai - It’s a great PPC tool to create Ads for Instagram and Tiktok. Wordstream - It’s an industry leading PPC Tool, great for Ad Grading and auditing. AdEspresso - This Is a tool by Hootsuite. They have a lot of Data sourced at the backend, which helps in Ad optimisation through this tool. That’s the reason I recommend this tool. #Video Editing Tools Veed Studio - I have been using Veed from last year. It’s one of the best Video Marketing Tool Optimized for Instagram & Tiktok. Synthesia - It’s a new AI video generation platform. From last few months, if you have seen marketing agencies including Videos in Emails. The chances are that’s not a Agency member taking but AI generated Human. Motionbox - It’s also a great video editing tool focused on video editing for Digital Marketers. Jitter Video - It’s a great motion design tool. Comes with great templates, the only place where other tools I mentioned lacks. It’s great and beginner friendly. #Copywriting Jasper AI - Google’s John Mueller says AI generated content is banned on Search but I think with Jasper AI you can generate SEO optimised Content but you have to put in some efforts like at least give 30 minutes for editing the Copy by yourself. Copy AI - Another AI tool to help you write better copy. This one is more focused on helping you write copy suitable for Ads and Social media campaigns. Hemingway App - To help you write more clearly and Bold. This tool is better than Grammarly if you look for writing perspective and it’s free. #Social Media Management App I’ve used a Lot of SMM Tools and that’s why going to mention all of them with a short review. Sprout social - The Best with deep insights coverage. Hootsuite - Great Scheduling tool just under sprout social. Later - Heavily Focused on Instagram from beginning and Now Tiktok too. SkedSocial - It’s like a Later alternative with great addition features like link-in-bio. Facebook’s Business Manager- Great but sometimes bugs can make a huge issue for you and customer support is like dead. Tweet Hunter & Hypefury- Both are Twitter Scheduling tools growing very fast on platform and are great for growth. Buffer - It’s a great tool but I haven’t seen any new updates to help with management. Zoho Social - It’s a great SMM tool and if you use other marketing solutions from Zoho. It’s a must have! #Market Research Tool • SparkToro - That’s the only one I have ever used. It’s great for audience research and comes with great customer service. Founded by Rand Fishkin, it’s one of the best research tool. #Influencer Marketing & UGC InfluenceGrid - A free search engine To find Tiktok & Instagram Influencers for your campaigns. Tiktok Creative Center- TikTok’s in-built tool called “Creative Center” is the best to find content trends, audience demographics and much more. Archive - Find Instagram Stories and Posts mentioning Your brands and use them as Ads for your business Marketing. #Landing Page Builders Leadpages - Its a great landing page builder because the integration and drag-and-drop features makes it easier to work with! Cardd co - A Great Landing page builder with easy step up but it lacks the copywriting and tracking features. Instapage - It’s one of the best out and I think the overall product is effective enough to help you stand out with your landing page. Unbounce - It’s a great alternative to Instapage due its well polished landing page templates that might be helpful for you. #Community Building Mighty Networks - A Great Community building platform, and you can also sell courses within the platform. Circle so - A great alternative to Mighty networks focused on Communities specifically. We are currently using for small community Of ours. #Sales Tools Drift - You can get much more out of Drift than just sales tools but The Sales solutions provided in Drift are one of the best. Salesforce - It’s the industry Sales solution provider. A go-to and have various pricing plans making it suitable for majority of SMBs. #Social Proof Tools People don’t have enough time to search across internet to decide to trust you after seeing your Ad first time. That’s what you might be facing too. Here are two tools I absolutely love for social proof! Use Proof - Show Recent Activities occurring on your website and build the trust of your visitors. Testimonial to - Gather Testimonials across Social Media platforms related to your business with this tool. Capture tweets and comments mentioning your brands and mention them. #Analytics Tools Plausible Analytics- A privacy friendly Analytics alternative to Google Analytics if you hate Analytics 4 like me. Mixpanel - Product Analytics and funnel reports better than Google Analytics. #Reddit Marketing Gummysearch- This tool will help To find your target audience on Reddit and interact with them with its help and close your new customers. Howitzer- It’s another pretty similar tool to Gummysearch focused on Reddit cold outreach to get clients and new customers. Both are great but Gummysearch provides better customer support while Howtizer is helpful on a large scale Reddit Marketing. #Text Marketing Klaviyo - It’s an email + SMS marketing tool, it’s taking up space in marketing industry very quickly as an industry leader due to its great integrations but you need to learn the platform usage to maximise the outcome. Cartloop - This tool provides great text marketing solutions with integration with Spotify and other e-commerce marketing tools. Attentive Mobile - This is my favourite Text marketing tool due to the interactive dashboard + they have a library of Text marketing examples to help you out with your campaigns. #Other Tools I have used throughout my journey! Triple Whale - It’s a great E-commerce marketing tools with Triple pixel to help you track your campaigns more efficiently. Fastory - To create well optimized Instagram & Tiktok Stories for your business. Jotform - Online Form Builder with integrations with leading marketing tools. Gated - As an entrepreneur and marketer, you may receive a bunch of unwanted emails. Use Gated to get rid of them and receive useful mails only! ClickUp- The main Tool for Project Management, one of the best and highly recommended. Riverside - Forget Zoom or Google Meet, For your Podcast Interviews and Marketing conferences. You need riverside with great video quality and recording features. Manychat- Automate your Instagram DMs and interact with your followers more efficiently + sell out your products/ services when you are offline. Calendy - To schedule meetings with your ideal clients. ServiceProviderPro - It’s a client portal for SEO & Growing Agencies, very helpful in scaling agencies. SendCheckit - Compare your Email Subject Lines with 100,000+ others in the database for free. Otter AI - Using AI track your meetings more effectively, you can easily edit, annotate and share notes from the meetings. Ryte - Optimise your website User experience with this tool focused on UX aspects + SEO too. PhantomBuster - Scrape LinkedIn Profile and Data from Facebook/LinkedIn groups. I clearly love this tool! #Honourable Mentions Zapier - The Only tool you need to integrate your favourite tool with a new effective tool. Elementor - That’s what I use for web design and it’s great! Marketer Hire - To hire world class marketers to work with you. InShot & Capcut - I create Instagram Reels and TikTok’s and life without these tools isn’t possible. Nira - It’s a great tool to Manage your workspace and this tool has launched many marketing templates in-built helpful for marketers and also entrepreneurs. X - The tool you love that wasn’t mentioned here is valuable and I honour that tool and share that if you would like to! I mean thanks for reading what I have curated all over my life as a marketer. I share 5 Marketing Tools, 5 Marketing Resources and 1 Free Resourceevery week in my newsletter, you can subscribe here to receive that for free. Also, You can read an expanded list of email marketing tools in this Reddit post!

Thoughts on FasterCapital VC?

TLDR: I pitched to FasterCapital and got an "offer". Trying to figure out if this is a legitimate opportunity or a waste of my time. I'm not familiar with VCs and hadn't considered actually getting an investor on board with my plan. I sent my pitch deck to FasterCapital, honestly not expecting a response. It was my first pitch deck and a complete long shot. I ended up getting a response, they asked me for clarification on a few things. Than I get this email about what they are offering here's the main part We specialize in warm introductions to angel investors, VCs, and HNWIs, ensuring you connect with the right investors through personalized recommendations—not ineffective mass email campaigns. Cold outreach, such as LinkedIn messages, rarely succeeds, as investors receive hundreds of such requests and disregard them. To raise money, you need a strong partner like ourselves who has a wide network and direct connection with those angel investors built throughout 10 years. You can see some of the reviews of the startups we have helped attached and reviews on independent sites. Based on our experience and the matching that we have done already on our own AI system and for raising $55M-$65M in 5 years, a suitable package in your case is $50k - $64k and the chances of raising money is %87 - %93, but you were accepted in the exceptional rising star offer, where you pay half of that amount as an advance which is $25k-$32k and the other half ONLY when we raise you the first $1M. Other startups in our standard offers pays double that amount. First, I don't understand all of it, except for the "where you pay half of that amount as an advance which is $25k-$32k" I am no where near being able to come close to that, mostly because if I had that much, I wouldn't apply to a VC. I responded and politely told her that was not something our company could financially do right now. Than this email Thanks for your kind reply. We are flexible on paying this amount into monthly installments. We offer money back guarantee if we didn't raise the capital in 6 months from signing. This is how much we are confident with our approach of warm introductions. Raising the first amount of money and getting the first investor onboard is the most challenging part. You need time to build trust and network of investors. You need to have a good partner to help you. Please note that the down payment is for raising at least $55M over five years as we are interested in long-term partnership to raise multiple rounds because we make money through the commission. Companies take only commission or success fee are doing cold introductions and mass emails and this approach has low chances of success when it comes to raising capital. It is about the chances of success. You can talk to these companies and ask them about their success rate. Mass emails campaign has zero chances of success.  We have helped more than 742 startups raise more than $2.2B. Our network includes 155,000 angel investors and more than 50K funding institutions (VCs, HNI, family offices..etc). We have been in this business for more than 10 years. We have more than 92% success rate in our program so far. So if you are familiar with VC, Is this an actual opportunity. I have a tendency to jump or dive head first into things. As much as I want to get excited because this would be the jumpstart to most of my goals and ambitions. I'm not familiar with VCs. I have bootstrapped all my ventures so far.

Follow Along as I Flip this Website - Case Study

I am starting a new case study where I will be documenting my attempt to flip a website that I just purchased from Flippa. However, unlike most case studies where people hide certain parts and details from the public I will instead be sharing everything. That means you will know the exact URL of the site that I purchased and I will share everything with you all as I progress.I know that case studies are lot more interesting and you can learn better when you can see real examples of what I am talking about. Enough of the chatting, let's jump straight into this new case study and I will explain what this is all about. Before you get into the case study I want to give you the option of reading this one my website where all of the images can be seen within the post and it is easier to read. I also want to say that I have nothing to sell you or anything close to it. So if you want to read it there you can do so here ##Introductory Video I have put together a video that talks about many of the things that I cover in this article. So if you would rather watch a video you can watch that here - https://www.youtube.com/watch?v=EE3SxtNnqts However, I go into more detail in the actual article FYI. Also, I plan on using Youtube very frequently in this case study so be on the lookout for new videos.There is going to be a video that will accompany every single case study post because I like having it being presented in two different mediums. ##The Website I Just Bought Around a week ago I made a new website purchase from Flippa and you can view the website's Flippa listing here - https://flippa.com/6439965-hvactraining101-com Screenshot of the Homepage - http://imgur.com/T6Iv1QN I paid $1,250 for the site and you will soon see that I got a really good deal. As you might be able to tell from the URL, this site is focused around training and education for becoming a HVAC technician. This is a lucrative niche to be in and Adsense pays very well. I do not have control of the site yet due to the transfer process not being completed. However, I am hoping within a few days everything will be finalized and I will take full control of the site. In the meantime, I figured it would be a good time to put together the introduction post for this new case study! ##Why I Bought this Website Now that you have a general idea of the website that I purchased, I now want to explain the reasoning behind the purchase. There are 3 major reasons for this purchase and I will explain each one of them below. GREAT Price As I mentioned earlier, I bought this website for $1,250. However, that doesn't mean a whole lot unless you know how much the site is making each month. Screenshot of the earnings for the last 12 months - http://imgur.com/NptxCHy Average Monthly Profits: 3 Month = $126 6 Month = $128 12 Month = $229.50 Let's use the 6 month average of $128/month as our baseline average. Since it is making on average $128/month and it was sold for $1,250 then that means I bought this site at a multiple of 9.76x! Most sites in today's market go for 20x-30x multiples. As you can see, I got a great deal on this site. Although the great price was the biggest reason for me buying this site there are other factors that persuaded me as well. You need to remember that just because you can get a website for a good price it doesn't mean it is a good deal. There are other factors that you need to look at as well. Extremely Under Optimized This site is currently being monetized mainly by Adsense and a very small amount from Quinstreet. From my experience with testing and optimizing Adsense layouts for my site in my Website Investing case study I know the common ad layouts that work best for maximizing Adsense revenue. With that being said, I can quickly determine if a website is being under optimized in terms of the ad layout. One of the first things I did when analyzing this site was examine the ad layout it was using. Screenshot of the website with the ad layout the previous owner was using - http://imgur.com/wqleLVA There is only ONE ad per page being used, that's it. Google allows up to 6 total ads to be used per page and you can imagine how much money is being left on the table because of this. I am estimating that I can probably double the earnings for the site practically overnight once I add more ads to the site. Adding more ads in combination with my favorite Adsense plugin, AmpedSense, I will be able to easily boost the earnings for this site quickly. It is also worth mentioning how lucrative this niche is and how much advertisers are willing to spend on a per click basis. The average CPC for the top keywords this site is currently ranking for in Google - http://imgur.com/ifxiy8B Look at those average CPC numbers, they are insanely high! I could be making up to $25 per click for some of those keywords, which is so absurd to me. Combine these extremely high CPC with the fact that the site currently only has one ad per page and you can start to understand just how under optimized this site truly is. I also plan on utilizing other ad networks such as Quinstreet and Campus Explorer more as well. These two networks are targeted at the education niche which works very well with my site. I will be testing to see if these convert better than normal Adsense ads. Goldmine of Untapped Keywords One of the biggest opportunities I see for growing this site is to target local keywords related to HVAC training. As of right now, the site has only scratched the surface when it comes to trying to rank for state/city keywords. Currently there are only two pages on the entire website which go after local keywords, those two pages target Texas and Florida HVAC search terms. These two pages are two of the more popular pages in terms of total amount of traffic. See the screenshot of the Google Analytics - http://imgur.com/NB0xJ4G Two out of the top five most popular pages for the entire website are focused on local search terms. However, these are the ONLY two pages that target local search terms on the whole site! There are 48 other states, although there may not be search volume for all states, and countless cities that are not being targeted. Why do I think this is such a good opportunity? For a few reasons: Local keywords are a lot easier to rank for in Google than more general keywords This site has been able to rank for two states successfully already and it proves it is possible Traffic going to these local pages is WAY more targeted and will convert at a much higher rate, which means more commissions for me There are so many more states and cities that get a good amount of searches that I can target To give you an idea of the type of keywords these local pages rank for, you can see the top keywords that the Florida page is ranking for in Google: Top ranking keywords for the Florida page - http://imgur.com/j7uKzl2 As you can see these keywords don't get a ton of searches each month, but ranking 1st for a keyword getting 90 searches a month is better than being ranked 10th for a keyword getting 1,000 searches a month. I have started to do some keyword research for other states and I am liking what I am finding so far. Keywords that I have found which I will be targeting with future articles - http://imgur.com/8CCCCWU I will go into more detail about my keyword research in future articles, but I wanted to give you an idea of what my strategy will be! I also wanted to share why I am super excited about the future potential to grow this site by targeting local keywords. ##Risks Yes, there are many good things about this website, but there are always risks involved no matter what the investment is. The same thing goes for this site. Below are some of the risks that I currently see. HTML Site This website is a HTML site and I will need to transfer it to Wordpress ASAP. I have been doing some research on this process and it shouldn't be too hard to get this over to Wordpress. In doing so it will make adding content, managing the back end and just about everything else easier. Also, I am hoping that when I transfer it to Wordpress that it will become more optimized for Google which will increase keyword rankings. Declining Earnings Looking at the last 12 months of earnings you will notice a drop off from last year till now. Earnings from the last 12 months - http://imgur.com/WsotZsj In May of 2015 it looks like the site earned right around $500, which is much higher than the $128 that it is earning now. However, the last 7 or so months have been consistent which is a good sign. Even though the earnings are much lower now then they were a year ago it is good to know that this site has the potential to earn $500/month because it has done it before. Slightly Declining Traffic In the last 12 months the site's traffic has declined, however, it looks like it is picking back up. Traffic from the last 12 months - http://imgur.com/aiYZW9W The decline is nothing serious, but there is a drop on traffic. Let's take a look at the complete history of this site's traffic so we can get a better idea of what is going on here: Complete traffic history - http://imgur.com/tYmboVn The above screenshot is from 2012 all the way up to right now. In the grand scheme of things you can see that the traffic is still doing well and it looks like it is on the upswing now. Those three risks mentioned above are the three biggest risks with this site at this point. It is always good to note the risks and do everything you can to prevent them from causing a problem. ##My Growth Strategy Whenever I purchase a new site I always create an outline or plan on how I will grow the site. Right now, I have some basic ideas on how I will grow this site, but as I go on I will continue to change and optimize my strategies to be more effective. Below I have outlined my current plans to grow: Add more Adsense Ads The very first thing I will do once I get control of the site is add more ads per page. I am predicting that by just adding a few more ads per page I will be able to more than likely double the earnings. I will touch on exactly how I will be optimizing the ad layouts in future posts. Test other Ad Networks I will be doing a lot of testing and experimenting when it comes to the ad networks. I plan on trying out Adsense, Media.net, Quinstreet, Campus Explorer and finding the combination of those 4 which produces the most revenue. The Adsense and Media.net ads will perform well on the more general pages while Quinstreet and Campus Explorer ads will be geared towards the local search terms. There will probably be other ad networks I will try out but these are the four which I will be using right away. If you are aware of any other ad networks out there which are geared towards the education niche please let me know in the comments below! Target Local Keywords with new Content I have already touched on this, but I will starting to produce content targeting these local keywords ASAP. The sooner I add the content to the site the sooner it will start to rank and bring in traffic. I will not be writing my own content and instead I will be outsourcing all of it via Upwork. I will show you all how I go about outsourcing content production and you can see my process for doing that. ##Goals for this Website My goal for the website is to have it valued at $10,000+ within 12 months. Let's break down this larger goal into smaller chunks which will make achieving it easier and more attainable. Earnings - $500/month To get the site valued at $10,000 the site will need to be making $500/month using a 20x monthly multiple. Right now, the site is making around $130/month so it has a ways to before it reaches the $500 a month mark. However, after doing some Adsense optimization I think we could push the earnings to around $300/month without much work. From there, it will come down to trying to bring in more traffic! Traffic - 5,000 Visitors per Month Why 5,000 visitors? Because that is how much traffic it is going to take to get to the $500/month goal. Let me explain how I came to this conclusion: The average RPM for this site is currently $50, which means for every 1,000 page views the site earns $50. After I optimize the Adsense layout for the site and add more ads per page I think I will be able to double the RPM to $100. Using the RPM of $100 the site will need to have 5,000 monthly visitors to earn $500. So 5,000 monthly visitors is the traffic goal I have set and aiming for! The site is currently getting around 3,000 visitors per month so I will need to add an extra 2,000 visitors to get to this goal. ##Want to Follow this Case Study? I will be using Youtube a lot in this case study so make sure to follow my Youtube channel here - www.youtube.com/c/joshshogren Other than that, I think that is going to bring us to the end of the introductory post for this new case study. I hope that you enjoyed reading and that you are excited to follow along! If you have any suggestions to make this case study better PLEASE let me know in the comment below. I want to make this case study the best one I have done yet. Talk to you all in the comment section.

AI for Business- Sharing Strategies, Knowledge and Tools

Hi All, As a small business owner running a tech company that focuses on process automation, I understand the importance of staying up-to-date with the latest advancements in AI and other emerging technologies. I have found the amount of new tools and tech overwhelming to keep track of as of recent. I would like to start a group of entrepreneurs and tech professionals who share a common interest in the latest tools relating to AI, but also tech in general. My goal is to create an environment for members to discuss business strategies, share projects involving how they are introducing AI, new tools... I hope that by pooling knowledge everyone involved can benefit. To ensure the community remains focused and valuable I am thinking that It will be a requirement for all members to share a tool, project ideas, strategies... related to business on a bi-weekly basis. Potentially bi-weekly calls as well, but Ill figure that out based on the interest. We currently have about 15 members and looking to add maybe 10-15 more. If this sounds like something you'd be interested in post below or send me a DM. Add a brief description of what you are interested in / working on. Looking forward to connecting

AI Will Make You Extremely Rich or Kill Your Business in 2024

Preface: I'm a solo-founder in the AI space and previously worked as an ML scientist; the new advancements in AI that I'm seeing are going to impact everyone here. It doesn't matter if you're just starting out, or a bootstrapped brick and mortar founder, or even a VC backed hard tech founder. Last year was when the seeds were laid, and this is the year we'll see them bloom. There will be an onslaught of advancements that take place that are borderline inconceivable due to the nature of exponential progress. This will change every single vertical. I'm making this post because I think AI execution strategy will make or break businesses. Dramatically. Over $50B was put into AI startups in 2023 alone. This figure excludes the hundreds of billions poured into AI from enterprises. So, let's follow the money: ​ 1) AI enterprise software. There's a lot to unpack here and this is what I’m currently working on. AI enterprise software will encompass everything from hyper personalized email outbound to AI cold calls to AI that A/B tests ads on synthetic data to vertical specific software. The impact of the former is relatively self explanatory, so I'll focus on the latter. To illustrate vertical specific AI software, I'll use a simple example in the legal space. Lawyers typically have to comb through thousands of pages of documents. Now, using an LLM + a VDB, an AI can instantly answer all of those questions while surfacing the source and highlighting the specific answer in the contract/document. There are dozens of AI startups for this use case alone. This saves lawyers an immense amount of time and allows them to move faster. Firms that adopt this have a fundamental advantage over law firms that don't adopt this. This was 2023 technology. I'm seeing vertical AI software getting built by my friends in areas from construction, to real estate, to even niche areas like chimney manufacturing. This will exist everywhere. Now, this can be extrapolated much further to be applicable to systems that can do reports and even browse the Internet. This brings me to my next point. ​ 2) AI information aggregation and spread. My gut tells me that this will have a crescendo moment in the future with hardware advancements (Rabbit, Tab, etc.). You won't have to google things because it will be surfaced to you. It's predictive in nature. The people who can get information the fastest will grow their business the fastest. This part is semi-speculative, but due to the nature of LLMs being so expensive to train, I have a strong feeling that large institutions will have access to the \fastest\ and \best\ models that can do this quicker than you and I can. This is why it's important to stay on top. ​ 3) AI content generation This is relevant to running advertisements and any digital marketing aspect of your business. If you can rapidly make content faster than your competitors to put in social media, you will outpace your competitors rapidly. I think most folks are familiar with MidJourney, Stable diffusion, etc. but don't know how to use it. You can generate consistent models for a clothing brand or generate images of a product that you would normally need to hire a professional photographer to take. There's also elevenlabs which is relatively easy to use and can be used to make an MP3 clip as a narration for an ad; this is something I've already done. I'm also still shocked by how many people are unfamiliar with tools like Pika which can do video generation. You could imagine companies having fleets of digital influencers that they control or conjuring up the perfect ad for a specific demographic using a combination of all of the aforementioned tools. ​ In summary, if you feel like I'm being hyperbolic or propagating science fiction fantasies, you're likely already behind. I truly recommend that everyone stays up to date on these advancements as much as possible. If your competitor comes across an AI tool that can increase their ROAS by 5x they can crush you. If your competitor uses a tool that increases the rate at which they receive and aggregate information by 200% (modest estimate) they will crush you. If your competitors have a tool that can reduce their employee size, then they will use it. They'll fire their employees to cut costs and reinvest the money back into their business. It will compound to the point where you're outpaced, and this isn't a level of innovation we've seen since the birth of the industrial revolution. Your customers can get stolen overnight, or you can steal your competition’s customers overnight. TL;DR: This is an opportunity for entrepreneurs to scale faster than they could have possibly imagined, but this also comes with the potential for your company to be obliterated. We've never seen advancements that can have this drastic of an impact this quickly. Adoption will happen fast, and first movers will have a disproportionate and compounding advantage. Watch guides, meet with startups, follow the news, and get rich.

Recently hit 6,600,000 monthly organic traffic for a B2C SaaS website. Here's the 40 tips that helped me make that happen.

Hey guys! So as title says, we recently hit 6,600,000 monthly organic traffic / month for a B2C SaaS website (screenshot. Can't give name publicly, but can show testimonial to a mod). Here's 40 tips that "helped" me make this happen. If you get some value of the post, I write an SEO tip every other day on /r/seogrowth. There's around 10 more tips already up there other than the ones I mention here. If you want to give back for all my walls of text, I'd appreciate a sub <3 Also, there are a bunch of free stuff I mention in the article: content outline, writer guidelines, SEO checklist, and other stuff. Here's the Google Doc with all that! Tip #1. Take SEO With a Grain of Salt A lot of the SEO advice and best practices on the internet are based on 2 things: Personal experiences and case studies of companies that managed to make SEO work for them. Google or John Mueller (Google’s Senior Webmaster Trends Analyst). And, unfortunately, neither of these sources are always accurate. Personal SEO accounts are simply about what worked for specific companies. Sometimes, what worked for others, won’t work for you. For example, you might find a company that managed to rank with zero link-building because their website already had a very strong backlink profile. If you’re starting with a fresh website, chances are, you won’t be able to get the same results. At the same time, information from Google or John Mueller is also not 100% accurate. For example, they’ve said that guest posting is against Google’s guidelines and doesn’t work… But practically, guest posting is a very effective link-building strategy. So the takeaway is this: Take all information you read about SEO with a grain of salt. Analyze the information yourself, and make your conclusions. SEO Tip #2. SEO Takes Time You’ve already heard this one before, but considering how many people keep asking, thought I'd include this anyway. On average, it’s going to take you 6 months to 2 years to get SEO results, depending on the following factors: Your backlink profile. The more quality backlinks you have (or build), the faster you’ll rank. Age of your website. If your website is older (or you purchased an aged website), you can expect your content to rank faster. Amount of content published. The more quality content you publish on your website, the more “authoritative” it is in the eyes of Google, and thus more likely to rank faster. SEO work done on the website. If a lot of your pages are already ranking on Google (page 2-3), it’s easier to get them to page #1 than if you just published the content piece. Local VS global SEO. Ranking locally is (sometimes) easier and faster than ranking globally. That said, some marketing agencies can use “SEO takes time” as an excuse for not driving results. Well, fortunately, there is a way to track SEO results from month #2 - #3 of work. Simply check if your new content pieces/pages are getting more and more impressions on Google Search Console month-to-month. While your content won’t be driving traffic for a while after being published, they’ll still have a growing number of impressions from month #2 or #3 since publication. SEO Tip #3. SEO Might Not Be The Best Channel For You In theory, SEO sounds like the best marketing channel ever. You manage to rank on Google and your marketing seemingly goes on auto-pilot - you’re driving new leads every day from existing content without having to lift a finger… And yet, SEO is not for everyone. Avoid SEO as a marketing channel if: You’re just getting started with your business and need to start driving revenue tomorrow (and not in 1-2 years). If this is you, try Google ads, Facebook ads, or organic marketing. Your target audience is pretty small. If you’re selling enterprise B2B software and have around 2,000 prospects in total worldwide, then it’s simply easier to directly reach out to these prospects. Your product type is brand-new. If customers don’t know your product exists, they probably won’t be Googling it. SEO Tip #4. Traffic Can Be a Vanity Metric I've seen hundreds of websites that drive 6-7 digits of traffic but generate only 200-300 USD per month from those numbers. “What’s the deal?” You might be thinking. “How can you fail to monetize that much traffic?” Well, that brings us to today’s tip: traffic can be a vanity metric. See, not all traffic is created equal. Ranking for “hormone balance supplement” is a lot more valuable than ranking for “Madagascar character names.” The person Googling the first keyword is an adult ready to buy your product. Someone Googling the latter, on the other hand, is a child with zero purchasing power. So, when deciding on which keywords to pursue, always keep in mind the buyer intent behind and don’t go after rankings or traffic just because 6-digit traffic numbers look good. SEO Tip #5. Push Content Fast Whenever you publish a piece of content, you can expect it to rank within 6 months to a year (potentially less if you’re an authority in your niche). So, the faster you publish your content, the faster they’re going to age, and, as such, the faster they’ll rank on Google. On average, I recommend you publish a minimum of 10,000 words of content per month and 20,000 to 30,000 optimally. If you’re not doing link-building for your website, then I’d recommend pushing for even more content. Sometimes, content velocity can compensate for the lack of backlinks. SEO Tip #6. Use Backlink Data to Prioritize Content You might be tempted to go for that juicy, 6-digit traffic cornerstone keyword right from the get-go... But I'd recommend doing the opposite. More often than not, to rank for more competitive, cornerstone keywords, you’ll need to have a ton of supporting content, high-quality backlinks, website authority, and so on. Instead, it’s a lot more reasonable to first focus on the less competitive keywords and then, once you’ve covered those, move on to the rest. Now, as for how to check keyword competitiveness, here are 2 options: Use Mozbar to see the number of backlinks for top-ranking pages, as well as their Domain Authority (DA). If all the pages ranking on page #1 have <5 backlinks and DA of 20 - 40, it’s a good opportunity. Use SEMrush or Ahrefs to sort your keywords by difficulty, and focus on the less difficult keywords first. Now, that said, keep in mind that both of these metrics are third-party, and hence not always accurate. SEO Tip #7. Always Start With Competitive Analysis When doing keyword research, the easiest way to get started is via competitive analysis. Chances are, whatever niche you’re in, there’s a competitor that is doing great with SEO. So, instead of having to do all the work from scratch, run their website through SEMrush or Ahrefs and steal their keyword ideas. But don’t just stop there - once you’ve borrowed keyword ideas from all your competitors, run the seed keywords through a keyword research tool such as UberSuggest or SEMrush Keyword Magic Tool. This should give you dozens of new ideas that your competitors might’ve missed. Finally, don’t just stop at borrowing your competitor’s keyword ideas. You can also borrow some inspiration on: The types of graphics and images you can create to supplement your blog content. The tone and style you can use in your articles. The type of information you can include in specific content pieces. SEO Tip #8. Source a LOT of Writers Content writing is one of those professions that has a very low barrier to entry. Anyone can take a writing course, claim to be a writer, and create an UpWork account… This is why 99% of the writers you’ll have to apply for your gigs are going to be, well, horrible. As such, if you want to produce a lot of content on the reg, you’ll need to source a LOT of writers. Let’s do the math: If, by posting a job ad, you source 100 writers, you’ll see that only 5 of them are a good fit. Out of the 5 writers, 1 has a very high rate, so they drop out. Another doesn’t reply back to your communication, which leaves you with 3 writers. You get the 3 writers to do a trial task, and only one turns out to be a good fit for your team. Now, since the writer is freelance, the best they can do is 4 articles per month for a total of 5,000-words (which, for most niches, ain’t all that much). So, what we’re getting at here is, to hire quality writers, you should source a LOT of them. SEO Tip #9. Create a Process for Filtering Writers If you follow the previous tip, you'll end up with a huge database of hundreds of writers. This creates a whole new problem: You now have a database of 500+ writers waiting for you to sift through them and decide which ones are worth the hire. It would take you 2-3 days of intense work to go through all these writers and vet them yourself. Let’s be real - you don’t have time for that. Here’s what you can do instead: When sourcing writers, always get them to fill in a Google form (instead of DMing or emailing you). In this form, make sure to ask for 3 relevant written samples, a link to the writer’s portfolio page, and the writer’s rate per word. Create a SOP for evaluating writers. The criteria for evaluation should be: Level of English. Does the writer’s sample have any English mistakes? If so, they’re not a good fit. Quality of Samples. Are the samples long-form and engaging content or are they boring 500-word copy-pastes? Technical Knowledge. Has the writer written about a hard-to-explain topic before? Anyone can write about simple topics like traveling—you want to look for someone who knows how to research a new topic and explain it in a simple and easy-to-read way. If someone’s written about how to create a perfect cover letter, they can probably write about traveling, but the opposite isn’t true. Get your VA to evaluate the writer’s samples as per the criteria above and short-list writers that seem competent. If you sourced 500 writers, the end result of this process should be around 50 writers. You or your editor goes through the short-list of 50 writers and invites 5-10 for a (paid) trial task. The trial task is very important - you’ll sometimes find that the samples provided by the writer don’t match their writing level. SEO Tip #10. Use the Right Websites to Find Writers Not sure where to source your writers? Here are some ideas: ProBlogger \- Our #1 choice - a lot of quality writers frequent this website. LinkedIn \- You can headhunt content writers in specific locations. Upwork \- If you post a content gig, most writers are going to be awful. Instead, I recommend headhunting top writers instead. WeWorkRemotely \- Good if you’re looking to make a full-time remote hire. Facebook \- There are a ton of quality Facebook groups for writers. Some of our faves are Cult of Copy Job Board and Content Marketing Lounge. SEO Tip #11. Always Use Content Outlines When giving tasks to your writing team, you need to be very specific about the instructions you give them. Don’t just provide a keyword and tell them to “knock themselves out.” The writer isn’t a SEO expert; chances are, they’re going to mess it up big-time and talk about topics that aren’t related to the keyword you’re targeting. Instead, when giving tasks to writers, do it through content outlines. A content outline, in a nutshell, is a skeleton of the article they’re supposed to write. It includes information on: Target word count (aim for the same or 50% more the word count than that of the competition). Article title. Article structure (which sections should be mentioned and in what order). Related topics of keywords that need to be mentioned in the article. Content outline example in the URL in the post intro. SEO Tip #12. Focus on One Niche at a Time I used to work with this one client that had a SaaS consisting of a mixture of CRM, Accounting Software, and HRS. I had to pick whether we were going to focus on topics for one of these 3 niches or focus on all of them at the same time. I decided to do the former. Here’s why: When evaluating what to rank, Google considers the authority of your website. If you have 60 articles about accounting (most of which link to each other), you’re probably an authority in the niche and are more likely to get good rankings. If you have 20 sales, 20 HR, and 20 accounting articles, though, none of these categories are going to rank as well. It always makes more sense to first focus on a single niche (the one that generates the best ROI for your business), and then move on to the rest. This also makes it easier to hire writers - you hire writers specialized in accounting, instead of having to find writers who can pull off 3 unrelated topics. SEO Tip #13. Just Hire a VA Already It’s 2021 already guys—unless you have a virtual assistant, you’re missing out big-time. Since a lot of SEO tasks are very time-consuming, it really helps to have a VA around to take over. As long as you have solid SOPs in place, you can hire a virtual assistant, train them, and use them to free up your time. Some SEO tasks virtual assistants can help with are: Internal linking. Going through all your blog content and ensuring that they link to each other. Backlink prospecting. Going through hundreds of websites daily to find link opportunities. Uploading content on WordPress and ensuring that the content is optimized well for on-page SEO. SEO Tip #14. Use WordPress (And Make Your Life Easier) Not sure which CMS platform to use? 99% of the time, you’re better off with WordPress. It has a TON of plugins that will make your life easier. Want a drag & drop builder? Use Elementor. It’s cheap, efficient, extremely easy to learn, and comes jam-packed with different plugins and features. Wix, SiteGround, and similar drag & drops are pure meh. SEO Tip #15. Use These Nifty WordPress Plugins There are a lot of really cool WordPress plugins that can make your (SEO) life so much easier. Some of our favorites include: RankMath. A more slick alternative to YoastSEO. Useful for on-page SEO. Smush. App that helps you losslessly compress all images on your website, as well as enables lazy loading. WP Rocket. This plugin helps speed up your website pretty significantly. Elementor. Not a techie? This drag & drop plugin makes it significantly easier to manage your website. WP Forms. Very simple form builder. Akismet Spam Protection. Probably the most popular anti-spam WP plugin. Mammoth Docx. A plugin that uploads your content from a Google doc directly to WordPress. SEO Tip #16. No, Voice Search Is Still Not Relevant Voice search is not and will not be relevant (no matter what sensationalist articles might say). Sure, it does have its application (“Alexa, order me toilet paper please”), but it’s pretty niche and not relevant to most SEOs. After all, you wouldn’t use voice search for bigger purchases (“Alexa, order me a new laptop please”) or informational queries (“Alexa, teach me how to do accounting, thanks”). SEO Tip #17. SEO Is Obviously Not Dead I see these articles every year - “SEO is dead because I failed to make it work.” SEO is not dead and as long as there are people looking up for information/things online, it never will be. And no, SEO is not just for large corporations with huge budgets, either. Some niches are hypercompetitive and require a huge link-building budget (CBD, fitness, VPN, etc.), but they’re more of an exception instead of the rule. SEO Tip #18. Doing Local SEO? Focus on Service Pages If you’re doing local SEO, you’re better off focusing on local service pages than blog content. E.g. if you’re an accounting firm based in Boston, you can make a landing page about /accounting-firm-boston/, /tax-accounting-boston/, /cpa-boston/, and so on. Or alternatively, if you’re a personal injury law firm, you’d want to create pages like /car-accident-law-firm/, /truck-accident-law-firm/, /wrongful-death-law-firm/, and the like. Thing is, you don’t really need to rank on global search terms—you just won’t get leads from there. Even if you ranked on the term “financial accounting,” it wouldn’t really matter for your bottom line that much. SEO Tip #19. Engage With the SEO Community The SEO community is (for the most part) composed of extremely helpful and friendly people. There are a lot of online communities (including this sub) where you can ask for help, tips, case studies, and so on. Some of our faves are: This sub :) SEO Signals Lab (FB Group) Fat Graph Content Ops (FB Group) Proper SEO Group (FB Group) BigSEO Subreddit SEO Tip #20. Test Keywords Before Pursuing Them You can use Google ads to test how profitable any given keyword is before you start trying to rank for it. The process here is: Create a Google Ads account. Pick a keyword you want to test. Create a landing page that corresponds to the search intent behind the keyword. Allocate an appropriate budget. E.g. if you assume a conversion rate of 2%, you’d want to buy 100+ clicks. If the CPC is 2 USD, then the right budget would be 200 USD plus. Run the ads! If you don’t have the budget for this, you can still use the average CPC for the keyword to estimate how well it’s going to convert. If someone is willing to bid 10 USD to rank for a certain keyword, it means that the keyword is most probably generating pretty good revenue/conversions. SEO Tip #21. Test & Improve SEO Headlines Sometimes, you’ll see that you’re ranking in the top 3 positions for your search query, but you’re still not driving that much traffic. “What’s the deal?” you might be asking. Chances are, your headline is not clickable enough. Every 3-4 months, go through your Google Search Console and check for articles that are ranking well but not driving enough traffic. Then, create a Google sheet and include the following data: Targeted keyword Page link CTR (for the last 28 days) Date when you implemented the new title Old title New title New CTR (for the month after the CTR change was implemented) From then on, implement the new headline and track changes in the CTR. If you don’t reach your desired result, you can always test another headline. SEO Tip #22. Longer Content Isn’t Always Better Content You’ve probably heard that long-form content is where it’s at in 2021. Well, this isn’t always the case. Rather, this mostly depends on the keyword you’re targeting. If, for example, you’re targeting the keyword “how to tie a tie,” you don’t need a long-ass 5,000-word mega-guide. In such a case, the reader is looking for something that can be explained in 200-300 words and if your article fails to do this, the reader will bounce off and open a different page. On the other hand, if you’re targeting the keyword “how to write a CV,” you’ll need around 4,000 to 5,000 words to adequately explain the topic and, chances are, you won’t rank with less. SEO Tip #23. SEO is Not All About Written Content More often than not, when people talk about SEO they talk about written blog content creation. It’s very important not to forget, though, that blog content is not end-all-be-all for SEO. Certain keywords do significantly better with video content. For example, if the keyword is “how to do a deadlift,” video content is going to perform significantly better than blog content. Or, if the keyword is “CV template,” you’ll see that a big chunk of the rankings are images of the templates. So, the lesson here is, don’t laser-focus on written content—keep other content mediums in mind, too. SEO Tip #24. Write For Your Audience It’s very important that your content resonates well with your target audience. If, for example, you’re covering the keyword “skateboard tricks,” you can be very casual with your language. Heck, it’s even encouraged! Your readers are Googling the keyword in their free time and are most likely teens or in their early 20s. Meaning, you can use informal language, include pop culture references, and avoid complicated language. Now, on the other hand, if you’re writing about high-level investment advice, your audience probably consists of 40-something suit-and-ties. If you include Rick & Morty references in your article, you'll most likely lose credibility and the Googler, who will go to another website. Some of our best tips on writing for your audience include: Define your audience. Who’s the person you’re writing for? Are they reading the content at work or in their free time? Keep your reader’s level of knowledge in mind. If you’re covering an accounting 101 topic, you want to cover the topic’s basics, as the reader is probably a student. If you’re writing about high-level finance, though, you don’t have to teach the reader what a balance sheet is. More often than not, avoid complicated language. The best practice is to write on a 6th-grade level, as it’s understandable for anyone. Plus, no one wants to read Shakespeare when Googling info online (unless they’re looking for Shakespeare's work, of course). SEO Tip #25. Create Compelling Headlines Want to drive clicks to your articles? You’ll need compelling headlines. Compare the following headline: 101 Productivity Tips \[To Get Things Done in 2021\] With this one: Productivity Tips Guide Which one would you click? Data says it’s the first! To create clickable headlines, I recommend you include the following elements: Keyword. This one’s non-negotiable - you need to include the target keyword in the headline. Numbers. If Buzzfeed taught us anything, it’s that people like to click articles with numbers in their titles. Results. If I read your article, what’s going to be the end result? E.g. “X Resume tips (to land the job)”.* Year (If Relevant). Adding a year to your title shows that the article is recent (which is relevant for some specific topics). E.g. If the keyword is “Marketing Trends,” I want to know marketing trends in 2021, not in 2001. So, adding a year in the title makes the headline more clickable. SEO Tip #26. Make Your Content Visual How good your content looks matters, especially if you're in a competitive niche. Here are some tips on how to make your content as visual as possible: Aim for 2-4 sentences per paragraph. Avoid huge blocks of text. Apply a 60-65% content width to your blog pages. Pick a good-looking font. I’d recommend Montserrat, PT Sans, and Roboto. Alternatively, you can also check out your favorite blogs, see which fonts they’re using, and do the same. Use a reasonable font size. Most top blogs use font sizes ranging from 16 pt to 22 pt. Add images when possible. Avoid stock photos, though. No one wants to see random “office people smiling” scattered around your blog posts. Use content boxes to help convey information better. Content boxes example in the URL in the intro of the post. SEO Tip #27. Ditch the Skyscraper Technique Already Brian Dean’s skyscraper technique is awesome and all, but the following bit really got old: “Hey \[name\], I saw you wrote an article. I, too, wrote an article. Please link to you?” The theory here is, if your content is good, the person will be compelled to link to it. In practice, though, the person really, really doesn’t care. At the end of the day, there’s no real incentive for the person to link to your content. They have to take time out of their day to head over to their website, log in to WordPress, find the article you mentioned, and add a link... Just because some stranger on the internet asked them to. Here’s something that works much better: Instead of fake compliments, be very straightforward about what you can offer them in exchange for that link. Some things you can offer are: A free version of your SaaS. Free product delivered to their doorstep. Backlink exchange. A free backlink from your other website. Sharing their content to your social media following. Money. SEO Tip #28. Get the URL Slug Right for Seasonal Content If you want to rank on a seasonal keyword, there are 2 ways to do this. If you want your article to be evergreen (i.e. you update it every year with new information), then your URL should not contain the year. E.g. your URL would be /saas-trends/, and you simply update the article’s contents+headline each year to keep it timely. If you’re planning on publishing a new trends report annually, though, then you can add a year to the URL. E.g. /saas-trends-2020/ instead of /saas-trends/. SEO Tip #29. AI Content Tools Are a Mixed Bag Lots of people are talking about AI content tools these days. Usually, they’re either saying: “AI content tools are garbage and the output is horrible,” Or: “AI content tools are a game-changer!” So which one is it? The truth is somewhere in-between. In 2021, AI content writing tools are pretty bad. The output you’re going to get is far from something you can publish on your website. That said, some SEOs use such tools to get a very, very rough draft of the article written, and then they do intense surgery on it to make it usable. Should you use AI content writing tools? If you ask me, no - it’s easier to hire a proficient content writer than spend hours salvaging AI-written content. That said, I do believe that such tools are going to get much better years down the line. This one was, clearly, more of a personal opinion than a fact. I’d love to hear YOUR opinion on AI content tools! Are they a fad, or are they the future of content creation? Let me know in the comments. SEO Tip #30. Don’t Overdo it With SEO Tools There are a lot of SEO tools out there for pretty much any SEO function. Keyword research, link-building, on-page, outreach, technical SEO, you name it! If you were to buy most of these tools for your business, you’d easily spend 4-figures on SEO tools per month. Luckily, though, you don’t actually need most of them. At the end of the day, the only must-have SEO tools are: An SEO Suite (Paid). Basically SEMrush or Ahrefs. Both of these tools offer an insane number of features - backlink analysis, keyword research, and a ton of other stuff. Yes, 99 USD a month is expensive for a tool. But then again, if you value your time 20 USD/hour and this tool saves you 6 hours, it's obviously worth it, right? On-Page SEO Tool (Free). RankMath or Yoast. Basically, a tool that's going to help you optimize web pages or blog posts as per SEO best practices. Technical SEO Tool (Freemium). You can use ScreamingFrog to crawl your entire website and find technical SEO problems. There are probably other tools that also do this, but ScreamingFrog is the most popular option. The freemium version of the tool only crawls a limited number of pages (500 URLs, to be exact), so if your website is relatively big, you'll need to pay for the tool. Analytics (Free). Obviously, you'll need Google Analytics (to track website traffic) and Google Search Console (to track organic traffic, specifically) set up on your website. Optionally, you can also use Google Track Manager to better track how your website visitors interact with the site. MozBar (Free). Chrome toolbar that lets you simply track the number of backlinks on Google Search Queries, Domain Authority, and a bunch of other stuff. Website Speed Analysis (Free). You can use Google Page Speed Insights to track how fast your website loads, as well as how mobile-friendly it is. Outreach Tool (Paid). Tool for reaching out to prospects for link-building, guest posting, etc. There are about a dozen good options for this. Personally, I like to use Snov for this. Optimized GMB Profile (Free). Not a tool per se, but if you're a local business, you need to have a well-optimized Google My Business profile. Google Keyword Planner (Free). This gives you the most reliable search volume data of all the tools. So, when doing keyword research, grab the search volume from here. Tool for Storing Keyword Research (Free). You can use Google Sheets or AirTable to store your keyword research and, at the same time, use it as a content calendar. Hemingway App (Free). Helps keep your SEO content easy to read. Spots passive voice, complicated words, etc. Email Finder (Freemium). You can use a tool like Hunter to find the email address of basically anyone on the internet (for link-building or guest posting purposes). Most of the tools that don’t fit into these categories are 100% optional. SEO Tip #31. Hiring an SEO? Here’s How to Vet Them Unless you’re an SEO pro yourself, hiring one is going to be far from easy. There’s a reason there are so many “SEO experts” out there - for the layman, it’s very hard to differentiate between someone who knows their salt and a newbie who took an SEO course, like, last week. Here’s how you can vet both freelance and full-time SEOs: Ask for concrete traffic numbers. The SEO pro should give you the exact numbers on how they’ve grown a website in the past - “100% SEO growth in 1 year” doesn’t mean much if the growth is from 10 monthly traffic to 20. “1,000 to 30,000” traffic, on the other hand, is much better. Ask for client names. While some clients ask their SEOs to sign an NDA and not disclose their collaboration, most don’t. If an SEO can’t name a single client they’ve worked with in the past, that’s a red flag. Make sure they have the right experience. Global and local SEO have very different processes. Make sure that the SEO has experience with the type of SEO you need. Make sure you’re looking for the right candidate. SEO pros can be content writers, link-builders, web developers, or all of the above simultaneously. Make sure you understand which one you need before making the hire. If you’re looking for someone to oversee your content ops, you shouldn’t hire a technical SEO expert. Look for SEO pros in the right places. Conventional job boards are overrated. Post your job ads on SEO communities instead. E.g. this sub, bigseo, SEO Signals Facebook group, etc. SEO Tip #32. Blog Post Not Ranking? Follow This Checklist I wanted to format the post natively for Reddit, but it’s just SO much better on Notion. Tl;dr, the checklist covers every reason your post might not be ranking: Search intent mismatch. Inferior content. Lack of internal linking. Lack of backlinks. And the like. Checklist URL at the intro of the post. SEO Tip #33. Avoid BS Link-Building Tactics The only type of link-building that works is building proper, quality links from websites with a good backlink profile and decent organic traffic. Here’s what DOESN’T work: Blog comment links Forum spam links Drive-by Reddit comment/post links Web 2.0 links Fiverr “100 links for 10 bucks” bs If your “SEO agency” says they’re doing any of the above instead of actually trying to build you links from quality websites, you’re being scammed. SEO Tip #34. Know When to Use 301 and 302 Redirects When doing redirects, it’s very important to know the distinction between these two. 301 is a permanent page redirect and passes on link juice. If you’re killing off a page that has backlinks, it’s better to 301 it to your homepage so that you don’t lose the link juice. If you simply delete a page, it’s going to be a 404, and the backlink juice is lost forever. 302 is a temporary page redirect and doesn’t pass on link juice. If the redirect is temporary, you do a 302. E.g. you want to test how well a new page is going to perform w/ your audience. SEO Tip #35. Social Signals Matter (But Not How You Think) Social signals are NOT a ranking factor. And yet, they can help your content rank on Google’s front page. Wondering what the hell am I talking about? Here’s what’s up: As I said, social signals are not a ranking factor. It’s not something Google takes into consideration to decide whether your article should rank or not. That said, social signals CAN lead to your article ranking better. Let’s say your article goes viral and gets around 20k views within a week. A chunk of these viewers are going to forget your domain/link and they’re going to look up the topic on Google via your chosen keyword + your brand name. The amount of people looking for YOUR keyword and exclusively picking your result over others is going to make Google think that your content is satisfying search intent better than the rest, and thus, reward you with better ranking. SEO Tip #36. Run Remarketing Ads to Lift Organic Traffic Conversions Not satisfied with your conversion rates? You can use Facebook ads to help increase them. Facebook allows you to do something called “remarketing.” This means you can target anyone that visited a certain page (or multiple pages) on your website and serve them ads on Facebook. There are a TON of ways you can take advantage of this. For example, you can target anyone that landed on a high buyer intent page and serve them ads pitching your product or a special offer. Alternatively, you can target people who landed on an educational blog post and offer them something to drive them down the funnel. E.g. free e-book or white paper to teach them more about your product or service. SEO Tip #37. Doing Local SEO? Follow These Tips Local SEO is significantly different from global SEO. Here’s how the two differ (and what you need to do to drive local SEO results): You don’t need to publish content. For 95% of local businesses, you only want to rank for keywords related to your services/products, you don’t actually need to create educational content. You need to focus more on reviews and citation-building. One of Google Maps’ biggest ranking factors is the of reviews your business has. Encourage your customers to leave a review if they enjoyed your product/service through email or real-life communication. You need to create service pages for each location. As a local business, your #1 priority is to rank for keywords around your service. E.g. If you're a personal injury law firm, you want to optimize your homepage for “personal injury law firm” and then create separate pages for each service you provide, e.g. “car accident lawyer,” “motorcycle injury law firm,” etc. Focus on building citations. Being listed on business directories makes your business more trustworthy for Google. BrightLocal is a good service for this. You don’t need to focus as much on link-building. As local SEO is less competitive than global, you don’t have to focus nearly as much on building links. You can, in a lot of cases, rank with the right service pages and citations. SEO Tip #38. Stop Ignoring the Outreach Emails You’re Getting (And Use Them to Build Your Own Links) Got a ton of people emailing you asking for links? You might be tempted to just send them all straight to spam, and I don’t blame you. Outreach messages like “Hey Dr Jigsaw, your article is A+++ amazing! ...can I get a backlink?” can get hella annoying. That said, there IS a better way to deal with these emails: Reply and ask for a link back. Most of the time, people who send such outreach emails are also doing heavy guest posting. So, you can ask for a backlink from a 3rd-party website in exchange for you mentioning their link in your article. Win-win! SEO Tip #39. Doing Internal Linking for a Large Website? This’ll Help Internal linking can get super grueling once you have hundreds of articles on your website. Want to make the process easier? Do this: Pick an article you want to interlink on your website. For the sake of the example, let’s say it’s about “business process improvement.” Go on Google and look up variations of this keyword mentioned on your website. For example: Site:\[yourwebsite\] “improve business process” Site:\[yourwebsite\] “improve process” Site:\[yourwebsite\] “process improvement” The above queries will find you the EXACT articles where these keywords are mentioned. Then, all you have to do is go through them and include the links. SEO Tip #40. Got a Competitor Copying Your Content? File a DMCA Notice Fun fact - if your competitors are copying your website, you can file a DMCA notice with Google. That said, keep in mind that there are consequences for filing a fake notice.

Started a content marketing agency 8 years ago - $0 to $7,863,052 (2025 update)

Hey friends, My name is Tyler and for the past 8 years, I’ve been documenting my experience building a content marketing agency called Optimist. Year 1 — 0 to $500k ARR Year 2 — $500k to $1MM ARR Year 3 — $1MM ARR to $1.5MM(ish) ARR Year 4 — $3,333,686 Revenue Year 5 — $4,539,659 Revenue Year 6 — $5,974,324 Revenue Year 7 - $6,815,503 Revenue (Edit: Seems like links are banned now. You can check my post history for all of my previous updates with lessons and learnings.) How Optimist Works First, an overview/recap of the Optimist business model: We operate as a “collective” of full time/professional freelancers Everyone aside from me is a contractor Entirely remote/distributed team We pay freelancers a flat fee for most work, working out to roughly $65-100/hour. Clients pay us a flat monthly fee for full-service content marketing (research, strategy, writing, editing, design/photography, reporting and analytics, targeted linkbuilding, and more)\ Packages range in price from \~$10-20k/mo \This is something we are revisiting now* The Financials In 2024, we posted $1,032,035.34 in revenue. This brings our lifetime revenue to $7,863,052. Here’s our monthly revenue from January 2017 to December of 2024. (Edit: Seems like I'm not allowed to link to the chart.) The good news: Revenue is up 23% YoY. EBITDA in Q4 trending up 1-2 points. We hosted our first retreat in 4 years, going to Ireland with about half the team. The bad news: Our revenue is still historically low. At $1MM for the year, we’re down about 33% from our previous years over $1.5MM. Revenue has been rocky. It doesn’t feel like we’ve really “recovered” from the bumps last year. The trend doesn’t really look great. Even though, anecdotally, it feels like we are moving in a good direction. EBITDA is still hovering at around 7%. Would love to get that closer to 20%. (For those who may ask: I’m calculating EBITDA after paying taxes and W2 portion of my income.) — Almost every year, my update starts the same way: This has been a year of growth and change. Both for my business—and me personally. 2024 was no different. I guess that tells you something about entrepreneurship. It’s a lot more like sailing a ship than driving a car. You’re constantly adapting, tides are shifting, and any blip of calm is usually just a moment before the next storm. As with past years, there’s a lot to unpack from the last 12 months. Here we go again. Everything is Burning In the last 2 years, everything has turned upside down in the world of content and SEO. Back in 2020, we made a big decision to re-position the agency. (See post history) We decided to narrow our focus to our most successful, profitable, and consistent segment of clients and re-work our entire operation to focus on serving them. We defined our ICP as: \~Series A ($10mm+ funding) with 6-12 months runway to scale organic as a channel Product-led company with “simple” sales cycle involving fewer stakeholders Demonstrable opportunity to use SEO to drive business growth Our services: Content focused on growing organic search (SEO) Full-service engagements that included research, planning, writing, design, reporting And our engagement structure: Engaged directly with an executive; ownership over strategy and day-to-day execution 1-2 points of contact or stakeholders Strategic partner that drives business growth (not a service vendor who makes content) Most importantly, we decided that we were no longer going to offer a broader range of content that we used to sell. That included everything from thought leadership content to case studies and ebooks. We doubled-down on “SEO content” for product-led SaaS companies. And this worked phenomenally for us. We started bringing on more clients than ever. We developed a lot of internal system and processes that helped us scale and take on more work than we’ve ever had and drive great outcomes for our ideal clients. But in 2023 and 2024, things started going awry. One big change, of course, was the rise of AI. Many companies and executives (and writers) feel that AI can write content just as well as an agency like ours. That made it a lot harder to sell a $10,000 per month engagement when they feel like the bulk of the work could be “done for free.” (Lots of thoughts on this if you want my opinions.) But it wasn’t just that. Google also started tinkering with their algorithm, introducing new features like AI Overviews, and generally changing the rules of the game. This created 3 big shifts in our world: The perceived value of content (especially “SEO content”) dropped dramatically in many people’s minds because of AI’s writing capabilities SEO became less predictable as a source of traffic and revenue It’s harder than ever for startups and smaller companies to rank for valuable keywords (let alone generate any meaningful traffic or revenue from them) The effect? The middle of the content market has hollowed out. People—like us—providing good, human-crafted content aimed on driving SEO growth saw a dramatic decline in demand. We felt it all year. Fewer and fewer leads. The leads we did see usually scoffed at our prices. They were indexing us against the cost of content mills and mass-produced AI articles. It was a time of soul-searching and looking for a way forward. I spent the first half of the year convinced that the only way to survive was to run toward the fire. We have to build our own AI workflows. We have to cut our rates internally. We have to get faster and cheaper to stay competitive with the agencies offering the same number of deliverables for a fraction of our rates. It’s the only way forward. But then I asked myself a question… Is this the game I actually want to play? As an entrepreneur, do I want to run a business where I’m competing mostly on price and efficiency rather than quality and value? Do I want to hop into a race toward cheaper and cheaper content? Do I want to help people chase a dwindling amount of organic traffic that’s shrinking in value? No. That’s not the game I want to play. That’s not a business I want to run. I don’t want to be in the content mill business. So I decided to turn the wheel—again. Repositioning Part II: Electric Boogaloo What do you do when the whole world shifts around you and the things that used to work aren’t working anymore? You pivot. You re-position the business and move in another direction. So that’s what we decided to do. Again. There was only one problem: I honestly wasn’t sure what opportunities existed in the content marketing industry outside of what we were already doing. We lived in a little echo chamber of startups and SEO. It felt like the whole market was on fire and I had fight through the smoke to find an escape hatch. So I started making calls. Good ol’ fashioned market research. I reached out to a few dozen marketing and content leaders at a bunch of different companies. I got on the phone and just asked lots of questions about their content programs, their goals, and their pain points. I wanted to understand what was happening in the market and how we could be valuable. And, luckily, this process really paid off. I learned a lot about the fragmentation happening across content and how views were shifting. I noticed key trends and how our old target market really wasn’t buying what we were selling. Startups and small companies are no longer willing to invest in an agency like ours. If they were doing content and SEO at all, they were focused entirely on using AI to scale output and minimize costs. VC money is still scarce and venture-backed companies are more focused on profitability than pure growth and raising another round. Larger companies (\~500+ employees) are doing more content than ever and drowning in content production. They want to focus on strategy but can barely tread water keeping up with content requests from sales, demand gen, the CEO, and everyone else. Many of the companies still investing in content are looking at channels and formats outside of SEO. Things like thought leadership, data reports, interview-driven content, and more. They see it as a way to stand out from the crowd of “bland SEO content.” Content needs are constantly in flux. They range from data reports and blog posts to product one-pagers. The idea of a fixed-scope retainer is a total mismatch for the needs of most companies. All of this led to the logical conclusion: We were talking to the wrong people about the wrong things\.\ Many companies came to one of two logical conclusions: SEO is a risky bet, so it’s gotta be a moonshot—super-low cost with a possibility for a big upside (i.e., use AI to crank out lots of content. If it works, great. If it doesn’t, then at least we aren’t out much money.) SEO is a risky bet, so we should diversify into other strategies and channels to drive growth (i.e., shift our budget from SEO and keyword-focused content to video, podcasts, thought leadership, social, etc) Unless we were going to lean into AI and dramatically cut our costs and rates, our old buyers weren’t interested. And the segment of the market that needs our help most are looking primarily for production support across a big range of content types. They’re not looking for a team to run a full-blown program focused entirely on SEO. So we had to go back to the drawing board. I’ve written before about our basic approach to repositioning the business. But, ultimately it comes down to identifying our unique strengths as a team and then connecting them to needs in the market. After reviewing the insights from my discussions and taking another hard look at our business and our strengths, I decided on a new direction: Move upmarket: Serve mid-size to enterprise businesses with \~500-5,000 employees instead of startups Focus on content that supports a broader range of business goals instead of solely on SEO and organic growth (e.g., sales, demand gen, brand, etc) Shift back to our broader playbook of content deliverables, including thought leadership, data studies, and more Focus on content execution and production to support an internally-directed content strategy across multiple functions In a way, it’s sort of a reverse-niche move. Rather than zooming in specifically on driving organic growth for startups, we want to be more of an end-to-end content production partner that solves issues of execution and operations for all kinds of content teams. It’s early days, but the response here has been promising. We’ve seen an uptick in leads through Q4. And more companies in our pipeline fit the new ICP. They’re bigger, often have more budget. (But they move more slowly). We should know by the end of the quarter if this maneuver is truly paying off. Hopefully, this will work out. Hopefully our research and strategy are right and we’ll find a soft landing serving a different type of client. If it doesn’t? Then it will be time to make some harder decisions. As I already mentioned, I’m not interested in the race to the bottom of AI content. And if that’s the only game left in town, then it might be time to think hard about a much bigger change. — To be done: Build new content playbooks for expanded deliverables Build new showcase page for expanded deliverables Retooling the Operation It’s easy to say we’re doing something new. It’s a lot harder to actually do it—and do it well. Beyond just changing our positioning, we have to do open-heart surgery on the entire content operation behind the scenes. We need to create new systems that work for a broader range of content types, formats, and goals. Here’s the first rub: All of our workflows are tooled specifically for SEO-focused content. Every template, worksheet, and process that we’ve built and scaled in the last 5 years assumes that the primary goal of every piece of content is SEO. Even something as simple as requiring a target keyword is a blocker in a world where we’re not entirely focused on SEO. This is relatively easy to fix, but it requires several key changes: Update content calendars to make keywords optional Update workflows to determine whether we need an optimization report for each deliverable Next, we need to break down the deliverables into parts rather than a single line item. In our old system, we would plan content as a single row in a Content Calendar spreadsheet. It was a really wide sheet with lots of fields where we’d define the dimensions of each individual article. This was very efficient and simple to follow. But every article had the same overall scope when it came to the workflow. In Asana (our project management tool), all of the steps in the creation were strung together in a single task. We would create a few basic templates for each client, and then each piece would flow through the same steps: Briefing Writing Editing Design etc. If we had anything that didn’t fit into the “standard” workflow, we’d just tag it in the calendar with an unofficial notation \[USING BRACKETS\]. It worked. But it wasn’t ideal. Now we need the steps to be more modular. Imagine, for example, a client asks us to create a mix of deliverables: 1 article with writing + design 1 content brief 1 long-form ebook with an interview + writing + design Each of these would require its own steps and its own workflow. We need to break down the work to accommodate for a wider variety of workflows and variables. This means we need to update the fields and structure of our calendar to accommodate for the new dimensions—while also keeping the planning process simple and manageable. This leads to the next challenge: The number of “products” that we’re offering could be almost infinite. Just looking at the example scope above, you can mix and match all of these different building blocks to create a huge variety of different types of work, each requiring its own workflow. This is part of the reason we pivoted away from this model to focus on a productized, SEO-focused content service back in 2020. Take something as simple as a case study. On the surface, it seems like one deliverable that can be easily scoped and priced, right? Well, unpack what goes into a case study: Is there already source material from the customer or do we need to conduct an interview? How long is it? Is it a short overview case study or a long-form narrative? Does it need images and graphics? How many? Each of these variables opens up 2-3 possibilities. And when you combine them, we end up with something like 10 possible permutations for this single type of deliverable. It gets a bit messy. But not only do we have to figure out how to scope and price all for all of these variables, we also have to figure out how to account for these variables in the execution. We have to specify—for every deliverable—what type it is, how long, which steps are involved and not involved, the timeline for delivery, and all of the other factors. We’re approaching infinite complexity, here. We have to figure out a system that allows for a high level of flexibility to serve the diverse needs of our clients but is also productized enough that we can build workflows, process, and templates to deliver the work. I’ve spent the last few months designing that system. Failed Attempt #1: Ultra-Productization In my first pass, I tried to make it as straight forward as possible. Just sit down, make a list of all of the possible deliverables we could provide and then assign them specific scopes and services. Want a case study? Okay that’ll include an interview, up to 2,000 words of content, and 5 custom graphics. It costs $X. But this solution quickly fell apart when we started testing it against real-world scenarios. What if the client provided the brief instead of us creating one? What if they didn’t want graphics? What if this particular case study really needs to be 3,000 words but all of the others should be 2,000? In order for this system to work, we’d need to individual scope and price all of these permutations of each productized service. Then we’d need to somehow keep track of all of these and make sure that we accurately scope, price, and deliver them across dozens of clients. It’s sort of like a restaurant handling food allergies by creating separate versions of every single dish to account for every individual type of allergy. Most restaurants have figured out that it makes way more sense to have a “standard” and an “allergy-free” version. Then you only need 2 options to cover 100% of the cases. Onto the next option. Failed Attempt #2: Deliverable-Agnostic Services Next, I sat down with my head of Ops, Katy, to try to map it out. We took a big step back and said: Why does the deliverable itself even matter? At the end of the day, what we’re selling is just a few types of work (research, writing, editing, design, etc) that can be packaged up in an infinite number of ways. Rather than try to define deliverables, shouldn’t we leave it open ended for maximum flexibility? From there, we decided to break down everything into ultra-modular building blocks. We started working on this super complex system of modular deliverables where we would have services like writing, design, editing, etc—plus a sliding scale for different scopes like the length of writing or the number of images. In theory, it would allow us to mix and match any combination of services to create custom deliverables for the client. In fact, we wanted the work to be deliverable-agnostic. That way we could mold it to fit any client’s needs and deliver any type of content, regardless of the format or goal. Want a 5,000-word case study with 15 custom graphics? That’ll be $X. Want a 2,000-word blog post with an interview and no visuals? $Y. Just want us to create 10 briefs, you handle the writing, and we do design? It’s $Z. Again, this feels like a reasonable solution. But it quickly spiraled out of amuck. (That’s an Office reference.) For this to work, we need to have incredibly precise scoping process for every single deliverable. Before we can begin work (or even quote a price), we need to know pretty much the exact word count of the final article, for example. In the real world? This almost never happens. The content is as long as the content needs to be. Clients rarely know if the blog post should be 2,000 words or 3,000 words. They just want good content. We have a general ballpark, but we can rarely dial it in within just 1,000 words until we’ve done enough research to create the brief. Plus, from a packaging and pricing perspective, it introduces all kind of weird scenarios where clients will owe exactly $10,321 for this ultra-specific combination of services. We were building an open system that could accommodate any and all types of potential deliverables. On the face that seems great because it makes us incredibly flexible. In reality, the ambiguity actually works against us. It makes it harder for us to communicate to clients clearly about what they’ll get, how much it will cost, and how long it will take. That, of course, also means that it hurts our client relationships. (This actually kind of goes back to my personal learnings, which I’ll mention in a bit. I tend to be a “let’s leave things vague so we don’t have to limit our options” kind of person. But I’m working on fixing this to be more precise, specific, and clear in everything that we do.) Dialing It In: Building a Closed System We were trying to build an open system. We need to build a closed system. We need to force clarity and get specific about what we do, what we don’t do, and how much it all costs. Then we need a system to expand on that closed system—add new types of deliverables, new content playbooks, and new workflows if and when the need arises. With that in mind, we can start by mapping out the key dimensions of any type of deliverable that we would ever want to deliver. These are the universal dimensions that determine the scope, workflow, and price of any deliverable—regardless of the specific type output. Dimensions are: Brief scope Writing + editing scope Design scope Interview scope Revision (rounds) Scope, essentially, just tells us how many words, graphics, interviews, etc are required for the content we’re creating. In our first crack at the system, we got super granular with these scopes. But to help force a more manageable system, we realized that we didn’t need tiny increments for most of this work. Instead, we just need boundaries—you pay $X for up to Y words. We still need some variability around the scope of these articles. Obviously, most clients won’t be willing to pay the same price for a 1,000-word article as a 10,000-word article. But we can be smarter about the realistic break points. We boiled it down to the most common ranges: (Up to) 250 words 1,000 words 3,000 words 6,000 words 10,000 words This gives us a much more manageable number of variables. But we still haven’t exactly closed the system. We need one final dimension: Deliverable type. This tells us what we’re actually building with these building blocks. This is how we’ll put a cap on the potentially infinite number of combinations we could offer. The deliverable type will define what the final product should look like (e.g., blog post, case study, ebook, etc). And it will also give us a way to put standards and expectations around different types of deliverables that we want to offer. Then we can expand on this list of deliverables to offer new services. In the mean time, only the deliverables that we have already defined are, “on the menu,” so to speak. If a client comes to us and asks for something like a podcast summary article (which we don’t currently offer), we’ll have to either say we can’t provide that work or create a new deliverable type and define the dimensions of that specific piece. But here’s the kicker: No matter the deliverable type, it has to still fit within the scopes we’ve already defined. And the pricing will be the same. This means that if you’re looking for our team to write up to 1,000 words of content, it costs the same amount—whether it’s a blog post, an ebook, a LinkedIn post, or anything else. Rather than trying to retool our entire system to offer this new podcast summary article deliverable, we’ll just create the new deliverable type, add it to the list of options, and it’s ready to sell with the pre-defined dimensions we’ve already identified. To do: Update onboarding workflow Update contracts and scope documents Dial in new briefing process Know Thyself For the last year, I’ve been going through personal therapy. (Huge shout out to my wife, Laura, for her support and encouragement throughout the process.) It’s taught me a lot about myself and my tendencies. It’s helped me find some of my weaknesses and think about how I can improve as a person, as a partner, and as an entrepreneur. And it’s forced me to face a lot of hard truths. For example, consider some of the critical decisions I’ve made for my business: Unconventional freelance “collective” model No formal management structure Open-ended retainers with near-infinite flexibility General contracts without defined scope “Take it or leave it” approach to sales and marketing Over the years, I’ve talked about almost everything on this list as a huge advantage. I saw these things as a reflection of how I wanted to do things differently and better than other companies. But now, I see them more as a reflection of my fears and insecurities. Why did I design my business like this? Why do I want so much “flexibility” and why do I want things left open-ended rather than clearly defined? One reason that could clearly explain it: I’m avoidant. If you’re not steeped in the world of therapy, this basically means that my fight or flight response gets turned all the way to “flight.” If I’m unhappy or uncomfortable, my gut reaction is usually to withdraw from the situation. I see commitment and specificity as a prelude to future conflict. And I avoid conflict whenever possible. So I built my business to minimize it. If I don’t have a specific schedule of work that I’m accountable for delivering, then we can fudge the numbers a bit and hope they even out in the end. If I don’t set a specific standard for the length of an article, then I don’t have to let the client know when their request exceeds that limit. Conflict….avoided? Now, that’s not to say that everything I’ve built was wrong or bad. There is a lot of value in having flexibility in your business. For example, I would say that our flexible retainers are, overall, an advantage. Clients have changing needs. Having flexibility to quickly adapt to those needs can be a huge value add. And not everything can be clearly defined upfront (at least not without a massive amount of time and work just to decide how long to write an article). Overly-rigid structures and processes can be just as problematic as loosey-goosey ones. But, on the whole, I realized that my avoidant tendencies and laissez faire approach to management have left a vacuum in many areas. The places where I avoided specificity were often the places where there was the most confusion, uncertainty, and frustration from the team and from clients. People simply didn’t know what to expect or what was expected of them. Ironically, this often creates the conflict I’m trying to avoid. For example, if I don’t give feedback to people on my team, then they feel uneasy about their work. Or they make assumptions about expectations that don’t match what I’m actually expecting. Then the client might get upset, I might get upset, and our team members may be upset. Conflict definitely not avoided. This happens on the client side, too. If we don’t define a specific timeline when something will be delivered, the client might expect it sooner than we can deliver—creating frustration when we don’t meet their expectation. This conflict actually would have been avoided if we set clearer expectations upfront. But we didn’t do that. I didn’t do that. So it’s time to step up and close the gaps. Stepping Up and Closing the Gaps If I’m going to address these gaps and create more clarity and stability, I have to step up. Both personally and professionally. I have to actually face the fear and uncertainty that drives me to be avoidant. And then apply that to my business in meaningful ways that aren’t cop-out ways of kinda-sorta providing structure without really doing it. I’ve gotta be all in. This means: Fill the gaps where I rely on other people to do things that aren’t really their job but I haven’t put someone in place to do it Set and maintain expectations about our internal work processes, policies, and standards Define clear boundaries on things like roles, timelines, budgets, and scopes Now, this isn’t going to happen overnight. And just because I say that I need to step up to close these gaps doesn’t mean that I need to be the one who’s responsible for them (at least not forever). It just means that, as the business leader, I need to make sure the gaps get filled—by me or by someone else who has been specifically charged with owning that part of the operation. So, this is probably my #1 focus over the coming quarter. And it starts by identifying the gaps that exist. Then, step into those gaps myself, pay someone else to fill that role, or figure out how to eliminate the gap another way. This means going all the way back to the most basic decisions in our business. One of the foundational things about Optimist is being a “different kind” of agency. I always wanted to build something that solved for the bureaucracy, hierarchy, and siloed structure of agencies. If a client has feedback, they should be able to talk directly to the person doing the work rather than going through 3 layers of account management and creative directors. So I tried to be clever. I tried to design all kinds of systems and processes that eliminated these middle rungs. (In retrospect, what I was actually doing was designing a system that played into my avoidant tendencies and made it easy to abdicate responsibility for lots of things.) Since we didn’t want to create hierarchy, we never implemented things like Junior and Senior roles. We never hired someone to manage or direct the individual creatives. We didn’t have Directors or VPs. (Hell, we barely had a project manager for the first several years of existence.) This aversion to hierarchy aligned with our values around elevating ownership and collective contribution. I still believe in the value a flat structure. But a flat structure doesn’t eliminate the complexity of a growing business. No one to review writers and give them 1:1 feedback? I guess I’ll just have to do that….when I have some spare time. No Content Director? Okay, well someone needs to manage our content playbooks and roll out new ones. Just add it to my task list. Our flat structure didn’t eliminate the need for these roles. It just eliminated the people to do them. All of those unfilled roles ultimately fell back on me or our ops person, Katy. Of course, this isn’t the first time we’ve recognized this. We’ve known there were growing holes in our business as it’s gotten bigger and more complex. Over the years, we’ve experimented with different ways to solve for it. The Old Solution: Distributed Ops One system we designed was a “distributed ops” framework. Basically, we had one person who was the head of ops (at the time, we considered anything that was non-client-facing to be “ops”). They’d plan and organize all of the various things that needed to happen around Optimist. Then they’d assign out the work to whoever was able to help. We had a whole system for tying this into the our profit share and even gave people “Partner” status based on their contributions to ops. It worked—kinda. One big downfall is that all of the tasks and projects were ad hoc. People would pick up jobs, but they didn’t have much context or expertise to apply. So the output often varied. Since we were trying to maintain a flat structure, there was minimal oversight or management of the work. In other words, we didn’t always get the best results. But, more importantly, we still didn’t close all of the gaps entirely. Because everything was an ad-hoc list of tasks and projects, we never really had the “big picture” view of everything that needed to be done across the business. This also meant we rarely had clarity on what was important, what was trivial, and what was critical. We need a better system. Stop Reinventing the Wheel (And Create a Damn Org Chart) It’s time to get serious about filling the gaps in our business. It can’t be a half-fix or an ad hoc set of projects and tasks. We need clarity on the roles that need to be filled and then fill them. The first step here is to create an org chart. A real one. Map out all of the jobs that need to be done for Optimist to be successful besides just writers and designers. Roles like: Content director Design director SEO manager Reporting Finance Account management Business development Sales Marketing Project management It feels a bit laughable listing all of these roles. Because most are either empty or have my name attached to them. And that’s the problem. I can’t do everything. And all of the empty roles are gaps in our structure—places where people aren’t getting the direction, feedback, or guidance they need to do their best work. Or where things just aren’t being done consistently. Content director, for example, should be responsible for steering the output of our content strategists, writers, and editors. They’re not micromanaging every deliverable. But they give feedback, set overall policy, and help our team identify opportunities to get better. Right now we don’t have anyone in that role. Which means it’s my job—when I have time. Looking at the org chart (a real org chart that I actually built to help with this), it’s plain as day how many roles look like this. Even if we aren’t going to implement a traditional agency structure and a strict hierarchy, we still need to address these gaps. And the only way for that to happen is face the reality and then create a plan to close the gaps. Now that we have a list of theoretical roles, we need to clearly define the responsibilities and boundaries of those roles to make sure they cover everything that actually needs to happen. Then we can begin the process of delegating, assigning, hiring, and otherwise addressing each one. So that’s what I need to do. To be done: Create job descriptions for all of the roles we need to fill Hire Biz Dev role Hire Account Lead role(s) Hire Head of Content Playing Offense As we move into Q1 of 2025 and I reflect on the tumultuous few years we’ve had, one thought keeps running through my head. We need to play offense. Most of the last 1-2 years was reacting to changes that were happening around us. Trying to make sense and chart a new path forward. Reeling. But what I really want—as a person and as an entrepreneur—is to be proactive. I want to think and plan ahead. Figure out where we want to go before we’re forced to change course by something that’s out of our control. So my overarching focus for Q1 is playing offense. Thinking longer term. Getting ahead of the daily deluge and creating space to be more proactive, innovative, and forward thinking. To do: Pilot new content formats Audit and update our own content strategy Improve feedback workflows Build out long-term roadmap for 1-2 years for Optimist Final Note on Follow-Through and Cadence In my reflection this year, one of the things I’ve realized is how helpful these posts are for me. I process by writing. So I actually end up making a lot of decisions and seeing things more clearly each time I sit down to reflect and write my yearly recap. It also gives me a space to hold myself accountable for the things I said I would do. So, I’m doing two things a bit differently from here on out. First: I’m identifying clear action items that I’m holding myself accountable for getting done in the next 3 months (listed in the above sections). In each future update, I’ll do an accounting of what I got done and what wasn’t finished (and why). Second: I’m going to start writing shorter quarterly updates. This will gives me more chances each year to reflect, process, and make decisions. Plus it gives me a shorter feedback loop for the action items that I identified above. (See—playing offense.) — Okay friends, enemies, and frenemies. This is my first update for 2025. Glad to share with y’all. And thanks to everyone who’s read, commented, reached out, and shared their own experiences over the years. We are all the accumulation of our connections and our experiences. As always, I will pop in to respond to comments and answer questions. Feel free to share your thoughts, questions, and general disdain down below. Cheers, Tyler

I run an AI automation agency (AAA). My honest overview and review of this new business model

I started an AI tools directory in February, and then branched off that to start an AI automation agency (AAA) in June. So far I've come across a lot of unsustainable "ideas" to make money with AI, but at the same time a few diamonds in the rough that aren't fully tapped into yet- especially the AAA model. Thought I'd share this post to shine light into this new business model and share some ways you could potentially start your own agency, or at the very least know who you are dealing with and how to pick and choose when you (inevitably) get bombarded with cold emails from them down the line. Foreword Running an AAA does NOT involve using AI tools directly to generate and sell content directly. That ship has sailed, and unless you are happy with $5 from Fiverr every month or so, it is not a real business model. Cry me a river but generating generic art with AI and slapping it onto a T-shirt to sell on Etsy won't make you a dime. At the same time, the AAA model will NOT require you to have a deep theoretical knowledge of AI, or any academic degree, as we are more so dealing with the practical applications of generative AI and how we can implement these into different workflows and tech-stacks, rather than building AI models from the ground up. Regardless of all that, common sense and a willingness to learn will help (a shit ton), as with anything. Keep in mind - this WILL involve work and motivation as well. The mindset that AI somehow means everything can be done for you on autopilot is not the right way to approach things. The common theme of businesses I've seen who have successfully implemented AI into their operations is the willingess to work with AI in a way that augments their existing operations, rather than flat out replace a worker or team. And this is exactly the train of thought you need when working with AI as a business model. However, as the field is relatively unsaturated and hype surrounding AI is still fresh for enterprises, right now is the prime time to start something new if generative AI interests you at all. With that being said, I'll be going over three of the most successful AI-adjacent businesses I've seen over this past year, in addition to some tips and resources to point you in the right direction. so.. WTF is an AI Automation Agency? The AI automation agency (or as some YouTubers have coined it, the AAA model) at its core involves creating custom AI solutions for businesses. I have over 1500 AI tools listed in my directory, however the feedback I've received from some enterprise users is that ready-made SaaS tools are too generic to meet their specific needs. Combine this with the fact virtually no smaller companies have the time or skills required to develop custom solutions right off the bat, and you have yourself real demand. I would say in practice, the AAA model is quite similar to Wordpress and even web dev agencies, with the major difference being all solutions you develop will incorporate key aspects of AI AND automation. Which brings me to my second point- JUST AI IS NOT ENOUGH. Rather than reducing the amount of time required to complete certain tasks, I've seen many AI agencies make the mistake of recommending and (trying to) sell solutions that more likely than not increase the workload of their clients. For example, if you were to make an internal tool that has AI answer questions based on their knowledge base, but this knowledge base has to be updated manually, this is creating unnecessary work. As such I think one of the key components of building successful AI solutions is incorporating the new (Generative AI/LLMs) with the old (programmtic automation- think Zapier, APIs, etc.). Finally, for this business model to be successful, ideally you should target a niche in which you have already worked and understand pain points and needs. Not only does this make it much easier to get calls booked with prospects, the solutions you build will have much greater value to your clients (meaning you get paid more). A mistake I've seen many AAA operators make (and I blame this on the "Get Rich Quick" YouTubers) is focusing too much on a specific productized service, rather than really understanding the needs of businesses. The former is much done via a SaaS model, but when going the agency route the only thing that makes sense is building custom solutions. This is why I always take a consultant-first approach. You can only build once you understand what they actually need and how certain solutions may impact their operations, workflows, and bottom-line. Basics of How to Get Started Pick a niche. As I mentioned previously, preferably one that you've worked in before. Niches I know of that are actively being bombarded with cold emails include real estate, e-commerce, auto-dealerships, lawyers, and medical offices. There is a reason for this, but I will tell you straight up this business model works well if you target any white-collar service business (internal tools approach) or high volume businesses (customer facing tools approach). Setup your toolbox. If you wanted to start a pressure washing business, you would need a pressure-washer. This is no different. For those without programming knowledge, I've seen two common ways AAA get setup to build- one is having a network of on-call web developers, whether its personal contacts or simply going to Upwork or any talent sourcing agency. The second is having an arsenal of no-code tools. I'll get to this more in a second, but this works beecause at its core, when we are dealing with the practical applications of AI, the code is quite simple, simply put. Start cold sales. Unless you have a network already, this is not a step you can skip. You've already picked a niche, so all you have to do is find the right message. Keep cold emails short, sweet, but enticing- and it will help a lot if you did step 1 correctly and intimately understand who your audience is. I'll be touching base later about how you can leverage AI yourself to help you with outreach and closing. The beauty of gen AI and the AAA model You don't need to be a seasoned web developer to make this business model work. The large majority of solutions that SME clients want is best done using an API for an LLM for the actual AI aspect. The value we create with the solutions we build comes with the conceptual framework and design that not only does what they need it to but integrates smoothly with their existing tech-stack and workflow. The actual implementation is quite straightforward once you understand the high level design and know which tools you are going to use. To give you a sense, even if you plan to build out these apps yourself (say in Python) the large majority of the nitty gritty technical work has already been done for you, especially if you leverage Python libraries and packages that offer high level abstraction for LLM-related functions. For instance, calling GPT can be as little as a single line of code. (And there are no-code tools where these functions are simply an icon on a GUI). Aside from understanding the capabilities and limitations of these tools and frameworks, the only thing that matters is being able to put them in a way that makes sense for what you want to build. Which is why outsourcing and no-code tools both work in our case. Okay... but how TF am I suppposed to actually build out these solutions? Now the fun part. I highly recommend getting familiar with Langchain and LlamaIndex. Both are Python libraires that help a lot with the high-level LLM abstraction I mentioned previously. The two most important aspects include being able to integrate internal data sources/knowledge bases with LLMs, and have LLMs perform autonomous actions. The two most common methods respectively are RAG and output parsing. RAG (retrieval augmented Generation) If you've ever seen a tool that seemingly "trains" GPT on your own data, and wonder how it all works- well I have an answer from you. At a high level, the user query is first being fed to what's called a vector database to run vector search. Vector search basically lets you do semantic search where you are searching data based on meaning. The vector databases then retrieves the most relevant sections of text as it relates to the user query, and this text gets APPENDED to your GPT prompt to provide extra context to the AI. Further, with prompt engineering, you can limit GPT to only generate an answer if it can be found within this extra context, greatly limiting the chance of hallucination (this is where AI makes random shit up). Aside from vector databases, we can also implement RAG with other data sources and retrieval methods, for example SQL databses (via parsing the outputs of LLM's- more on this later). Autonomous Agents via Output Parsing A common need of clients has been having AI actually perform tasks, rather than simply spitting out text. For example, with autonomous agents, we can have an e-commerce chatbot do the work of a basic customer service rep (i.e. look into orders, refunds, shipping). At a high level, what's going on is that the response of the LLM is being used programmtically to determine which API to call. Keeping on with the e-commerce example, if I wanted a chatbot to check shipping status, I could have a LLM response within my app (not shown to the user) with a prompt that outputs a random hash or string, and programmatically I can determine which API call to make based on this hash/string. And using the same fundamental concept as with RAG, I can append the the API response to a final prompt that would spit out the answer for the user. How No Code Tools Can Fit In (With some example solutions you can build) With that being said, you don't necessarily need to do all of the above by coding yourself, with Python libraries or otherwise. However, I will say that having that high level overview will help IMMENSELY when it comes to using no-code tools to do the actual work for you. Regardless, here are a few common solutions you might build for clients as well as some no-code tools you can use to build them out. Ex. Solution 1: AI Chatbots for SMEs (Small and Medium Enterprises) This involves creating chatbots that handle user queries, lead gen, and so forth with AI, and will use the principles of RAG at heart. After getting the required data from your client (i.e. product catalogues, previous support tickets, FAQ, internal documentation), you upload this into your knowledge base and write a prompt that makes sense for your use case. One no-code tool that does this well is MyAskAI. The beauty of it especially for building external chatbots is the ability to quickly ingest entire websites into your knowledge base via a sitemap, and bulk uploading files. Essentially, they've covered the entire grunt work required to do this manually. Finally, you can create a inline or chat widget on your client's website with a few lines of HTML, or altneratively integrate it with a Slack/Teams chatbot (if you are going for an internal Q&A chatbot approach). Other tools you could use include Botpress and Voiceflow, however these are less for RAG and more for building out complete chatbot flows that may or may not incorporate LLMs. Both apps are essentially GUIs that eliminate the pain and tears and trying to implement complex flows manually, and both natively incoporate AI intents and a knowledge base feature. Ex. Solution 2: Internal Apps Similar to the first example, except we go beyond making just chatbots but tools such as report generation and really any sort of internal tool or automations that may incorporate LLM's. For instance, you can have a tool that automatically generates replies to inbound emails based on your client's knowledge base. Or an automation that does the same thing but for replies to Instagram comments. Another example could be a tool that generates a description and screeenshot based on a URL (useful for directory sites, made one for my own :P). Getting into more advanced implementations of LLMs, we can have tools that can generate entire drafts of reports (think 80+ pages), based not only on data from a knowledge base but also the writing style, format, and author voice of previous reports. One good tool to create content generation panels for your clients would be MindStudio. You can train LLM's via prompt engineering in a structured way with your own data to essentially fine tune them for whatever text you need it to generate. Furthermore, it has a GUI where you can dictate the entire AI flow. You can also upload data sources via multiple formats, including PDF, CSV, and Docx. For automations that require interactions between multiple apps, I recommend the OG zapier/make.com if you want a no-code solution. For instance, for the automatic email reply generator, I can have a trigger such that when an email is received, a custom AI reply is generated by MyAskAI, and finally a draft is created in my email client. Or, for an automation where I can create a social media posts on multiple platforms based on a RSS feed (news feed), I can implement this directly in Zapier with their native GPT action (see screenshot) As for more complex LLM flows that may require multiple layers of LLMs, data sources, and APIs working together to generate a single response i.e. a long form 100 page report, I would recommend tools such as Stack AI or Flowise (open-source alternative) to build these solutions out. Essentially, you get most of the functions and features of Python packages such as Langchain and LlamaIndex in a GUI. See screenshot for an example of a flow How the hell are you supposed to find clients? With all that being said, none of this matters if you can't find anyone to sell to. You will have to do cold sales, one way or the other, especially if you are brand new to the game. And what better way to sell your AI services than with AI itself? If we want to integrate AI into the cold outreach process, first we must identify what it's good at doing, and that's obviously writing a bunch of text, in a short amount of time. Similar to the solutions that an AAA can build for its clients, we can take advantage of the same principles in our own sales processes. How to do outreach Once you've identified your niche and their pain points/opportunities for automation, you want to craft a compelling message in which you can send via cold email and cold calls to get prospects booked on demos/consultations. I won't get into too much detail in terms of exactly how to write emails or calling scripts, as there are millions of resources to help with this, but I will tell you a few key points you want to keep in mind when doing outreach for your AAA. First, you want to keep in mind that many businesses are still hesitant about AI and may not understand what it really is or how it can benefit their operations. However, we can take advantage of how mass media has been reporting on AI this past year- at the very least people are AWARE that sooner or later they may have to implement AI into their businesses to stay competitive. We want to frame our message in a way that introduces generative AI as a technology that can have a direct, tangible, and positive impact on their business. Although it may be hard to quantify, I like to include estimates of man-hours saved or costs saved at least in my final proposals to prospects. Times are TOUGH right now, and money is expensive, so you need to have a compelling reason for businesses to get on board. Once you've gotten your messaging down, you will want to create a list of prospects to contact. Tools you can use to find prospects include Apollo.io, reply.io, zoominfo (expensive af), and Linkedin Sales Navigator. What specific job titles, etc. to target will depend on your niche but for smaller companies this will tend to be the owner. For white collar niches, i.e. law, the professional that will be directly benefiting from the tool (i.e. partners) may be better to contact. And for larger organizations you may want to target business improvement and digital transformation leads/directors- these are the people directly in charge of projects like what you may be proposing. Okay- so you have your message, and your list, and now all it comes down to is getting the good word out. I won't be going into the details of how to send these out, a quick Google search will give you hundreds of resources for cold outreach methods. However, personalization is key and beyond simple dynamic variables you want to make sure you can either personalize your email campaigns directly with AI (SmartWriter.ai is an example of a tool that can do this), or at the very least have the ability to import email messages programmatically. Alternatively, ask ChatGPT to make you a Python Script that can take in a list of emails, scrape info based on their linkedin URL or website, and all pass this onto a GPT prompt that specifies your messaging to generate an email. From there, send away. How tf do I close? Once you've got some prospects booked in on your meetings, you will need to close deals with them to turn them into clients. Call #1: Consultation Tying back to when I mentioned you want to take a consultant-first appraoch, you will want to listen closely to their goals and needs and understand their pain points. This would be the first call, and typically I would provide a high level overview of different solutions we could build to tacke these. It really helps to have a presentation available, so you can graphically demonstrate key points and key technologies. I like to use Plus AI for this, it's basically a Google Slides add-on that can generate slide decks for you. I copy and paste my default company messaging, add some key points for the presentation, and it comes out with pretty decent slides. Call #2: Demo The second call would involve a demo of one of these solutions, and typically I'll quickly prototype it with boilerplate code I already have, otherwise I'll cook something up in a no-code tool. If you have a niche where one type of solution is commonly demanded, it helps to have a general demo set up to be able to handle a larger volume of calls, so you aren't burning yourself out. I'll also elaborate on how the final product would look like in comparison to the demo. Call #3 and Beyond: Once the initial consultation and demo is complete, you will want to alleviate any remaining concerns from your prospects and work with them to reach a final work proposal. It's crucial you lay out exactly what you will be building (in writing) and ensure the prospect understands this. Furthermore, be clear and transparent with timelines and communication methods for the project. In terms of pricing, you want to take this from a value-based approach. The same solution may be worth a lot more to client A than client B. Furthermore, you can create "add-ons" such as monthly maintenance/upgrade packages, training sessions for employeees, and so forth, separate from the initial setup fee you would charge. How you can incorporate AI into marketing your businesses Beyond cold sales, I highly recommend creating a funnel to capture warm leads. For instance, I do this currently with my AI tools directory, which links directly to my AI agency and has consistent branding throughout. Warm leads are much more likely to close (and honestly, much nicer to deal with). However, even without an AI-related website, at the very least you will want to create a presence on social media and the web in general. As with any agency, you will want basic a professional presence. A professional virtual address helps, in addition to a Google Business Profile (GBP) and TrustPilot. a GBP (especially for local SEO) and Trustpilot page also helps improve the looks of your search results immensely. For GBP, I recommend using ProfilePro, which is a chrome extension you can use to automate SEO work for your GBP. Aside from SEO optimzied business descriptions based on your business, it can handle Q/A answers, responses, updates, and service descriptions based on local keywords. Privacy and Legal Concerns of the AAA Model Aside from typical concerns for agencies relating to service contracts, there are a few issues (especially when using no-code tools) that will need to be addressed to run a successful AAA. Most of these surround privacy concerns when working with proprietary data. In your terms with your client, you will want to clearly define hosting providers and any third party tools you will be using to build their solution, and a DPA with these third parties listed as subprocessors if necessary. In addition, you will want to implement best practices like redacting private information from data being used for building solutions. In terms of addressing concerns directly from clients, it helps if you host your solutions on their own servers (not possible with AI tools), and address the fact only ChatGPT queries in the web app, not OpenAI API calls, will be used to train OpenAI's models (as reported by mainstream media). The key here is to be open and transparent with your clients about ALL the tools you are using, where there data will be going, and make sure to get this all in writing. have fun, and keep an open mind Before I finish this post, I just want to reiterate the fact that this is NOT an easy way to make money. Running an AI agency will require hours and hours of dedication and work, and constantly rearranging your schedule to meet prospect and client needs. However, if you are looking for a new business to run, and have a knack for understanding business operations and are genuinely interested in the pracitcal applications of generative AI, then I say go for it. The time is ticking before AAA becomes the new dropshipping or SMMA, and I've a firm believer that those who set foot first and establish themselves in this field will come out top. And remember, while 100 thousand people may read this post, only 2 may actually take initiative and start.

AI Will Make You Extremely Rich or Kill Your Business in 2024

Preface: I'm a solo-founder in the AI space and previously worked as an ML scientist; the new advancements in AI that I'm seeing are going to impact everyone here. It doesn't matter if you're just starting out, or a bootstrapped brick and mortar founder, or even a VC backed hard tech founder. Last year was when the seeds were laid, and this is the year we'll see them bloom. There will be an onslaught of advancements that take place that are borderline inconceivable due to the nature of exponential progress. This will change every single vertical. I'm making this post because I think AI execution strategy will make or break businesses. Dramatically. Over $50B was put into AI startups in 2023 alone. This figure excludes the hundreds of billions poured into AI from enterprises. So, let's follow the money: &#x200B; 1) AI enterprise software. There's a lot to unpack here and this is what I’m currently working on. AI enterprise software will encompass everything from hyper personalized email outbound to AI cold calls to AI that A/B tests ads on synthetic data to vertical specific software. The impact of the former is relatively self explanatory, so I'll focus on the latter. To illustrate vertical specific AI software, I'll use a simple example in the legal space. Lawyers typically have to comb through thousands of pages of documents. Now, using an LLM + a VDB, an AI can instantly answer all of those questions while surfacing the source and highlighting the specific answer in the contract/document. There are dozens of AI startups for this use case alone. This saves lawyers an immense amount of time and allows them to move faster. Firms that adopt this have a fundamental advantage over law firms that don't adopt this. This was 2023 technology. I'm seeing vertical AI software getting built by my friends in areas from construction, to real estate, to even niche areas like chimney manufacturing. This will exist everywhere. Now, this can be extrapolated much further to be applicable to systems that can do reports and even browse the Internet. This brings me to my next point. &#x200B; 2) AI information aggregation and spread. My gut tells me that this will have a crescendo moment in the future with hardware advancements (Rabbit, Tab, etc.). You won't have to google things because it will be surfaced to you. It's predictive in nature. The people who can get information the fastest will grow their business the fastest. This part is semi-speculative, but due to the nature of LLMs being so expensive to train, I have a strong feeling that large institutions will have access to the \fastest\ and \best\ models that can do this quicker than you and I can. This is why it's important to stay on top. &#x200B; 3) AI content generation This is relevant to running advertisements and any digital marketing aspect of your business. If you can rapidly make content faster than your competitors to put in social media, you will outpace your competitors rapidly. I think most folks are familiar with MidJourney, Stable diffusion, etc. but don't know how to use it. You can generate consistent models for a clothing brand or generate images of a product that you would normally need to hire a professional photographer to take. There's also elevenlabs which is relatively easy to use and can be used to make an MP3 clip as a narration for an ad; this is something I've already done. I'm also still shocked by how many people are unfamiliar with tools like Pika which can do video generation. You could imagine companies having fleets of digital influencers that they control or conjuring up the perfect ad for a specific demographic using a combination of all of the aforementioned tools. &#x200B; In summary, if you feel like I'm being hyperbolic or propagating science fiction fantasies, you're likely already behind. I truly recommend that everyone stays up to date on these advancements as much as possible. If your competitor comes across an AI tool that can increase their ROAS by 5x they can crush you. If your competitor uses a tool that increases the rate at which they receive and aggregate information by 200% (modest estimate) they will crush you. If your competitors have a tool that can reduce their employee size, then they will use it. They'll fire their employees to cut costs and reinvest the money back into their business. It will compound to the point where you're outpaced, and this isn't a level of innovation we've seen since the birth of the industrial revolution. Your customers can get stolen overnight, or you can steal your competition’s customers overnight. TL;DR: This is an opportunity for entrepreneurs to scale faster than they could have possibly imagined, but this also comes with the potential for your company to be obliterated. We've never seen advancements that can have this drastic of an impact this quickly. Adoption will happen fast, and first movers will have a disproportionate and compounding advantage. Watch guides, meet with startups, follow the news, and get rich.

Changing Careers, changing products? Age 38, Direction needed, investment advice too.

Hello, At one point in my life I had a set plan that I had been following in which to design a life that fit my values, but during 2020 the viability was called into question and I have been on bad footing, unable to find stability, since. Though I currently have stable housing without roommate, and enough in savings for a year without any income and three more years in a mutual fund. The question I need help with is about utilizing approximately $40,000 that I would like to invest into a new or existing business venture, or possibly start investing my own hand in selecting stocks. To give context about the parameters of concepts that pertain to me, back in 2005 I graduated highschool and immediately was an entrepreneur, started a sports clothing company, was selling WoW bot accounts, ghillie suits on ebay, and graphic design commissions, and I was proficient in MX Flash. Although the first part of my life plan to start farming three years before 2012 for what I thought would be a peak oil economic collapse, and while watching 2008 unfold, along with my career in MX Flash falling flat, I started farming 2009. From that point I spent a total of 15 years farming, the majority of that was for my own LLC, where I was situated with leases on million dollar properties as Ag tax write off, on an elite island outside a major city, serving local high price wholesale, mainly salad mix and mushrooms, because they are fast turn around. That was truly the best 20s I could have asked for, working mainly for myself, very healthy and was putting away $10-20k in savings/investments per year, plus was earning about $3-5k more per year, while living in a cargo trailer on dirt cheap leases. But it all came to a slow end starting in 2020 when I lost all of my wholesale overnight, and my retail exploded, which burnt me out to the point I couldnt walk, as the sole worker in my LLC. So I do not fully trust the volatility of the wholesale food industry, from a small grower’s perspective, since i don't own land. SO now I am trying to figure out a way forward, because I can always farm in the future, and have taught myself hydroponics, and flat packed farm equipment, so my business is very agile and now I can grow in parking lots closer to the city for more sales opportunities, but I am not sure that is what I want to do in this current moment, because tech is exploding, and we have never had so much information available to us, it's a shame not to spend a moment in life to discover what new opportunities might be out there. I was laid off twice last year, so I've been out of work the past four months, doing thriftstore routes twice a week while making about $500+/wk, really just trying to understand what people still buy and break even, while I continue to study 3d design blender, as well as 2d digital art in the hopes that I can reconnect with my tech art past, because that is what I told myself when I was 18, that I would put off art and computers until I was past 30 and needed to do less with my body. But over the past three years, the better I get at digital art, the better Ai has been getting too. I have some mentors who might give me work and a foot in the door, but most of them are laid off, and scrounging for work if they are not on their own funded indie project. I've thought about continuing to learn 3d modeling despite Ai, and despite seeing Flash, computer program I was proficient in get removed from existence before I could really earn my money back. I assume there will always be a need for Ai models to get cleaned up, mapped and rigged, especially with AR technology coming to consumers soon, but more over it would help if I decided to go to a community college to do CNC certificates, so I can have that as a backup job on CAD at a machining warehouse and do my farm and digital art on the side, but CNC mechanics don't make a crazy amount of money and have a boss. BUT I am an inventor, and have two inventions so far, plus my ultimate goal is to one day have automated hydroponic greenhouses, using all CNC+3d printed parts to create a low time investment agriculture income, with Ai monitored greenhouse, seed to salad product that i can sell to other people, which would tie into my desire to teach people about farming too, as well as do something I enjoy, but it is not a proven concept yet. Anyways if you've read this far I appreciate it, I ultimately would like 3rd party feedback about how I should spend my $40k surplus cash. I originally had it saved and accessible in case I was going to lease land and start my full farm business again from scratch, but I think using the equipment and space I have, and exploring non-perishable products is a smart move for me right now. Should I invest in inventory of products to arbitrage online? Should I invest in the top index funds? Should I buy Silver? Should I invest in inventory of a new product line? Should I spend some money insuring and equipment for a landscaping company? I want to future proof myself the best I can as Ai unfolds, I am pretty set with an income for the rest of my life as long as I can grow food and sell it, but there are currently so many changing opportunities, I want to cast out my net and see what works with my temperment. I’ve thought about getting into cyber security, or maybe be an electrician, or less staple jobs like Landscape Architech (can use art/modeling) and CNC engineer/modeler, but honestly I prefer to make a product and sell it without client service related interaction, and particularly no boss. Thank you for reading

Detailed Guide - How I've Been Self Employed for 2 Years Selling Posters

Hey everyone, bit of context before you read through this. I have been selling POD posters full time for over 2 years now. My next venture is that I have started my own Print on Demand company for posters, PrintShrimp. As one way of creating customers for our service, we are teaching people for free how to also sell posters. Here is a guide I have written on how to sell posters on Etsy. Feel free to have a read through and then check out PrintShrimp, hopefully can help some of you guys out (and get us some more customers!) All of this is also available in video format on our website too, if you prefer to learn that way. Thanks guys! And as some people asked in other subs, no this isn't written with AI 😅 This took a couple of weeks to put together! Through this guide, we will teach you everything you need to know about starting to sell posters and generate some income. We will also show you why PrintShrimp is the best POD supplier for all of your poster needs. Trust me, you won’t need much convincing.  So, why are posters the best product to sell? Also, just thought I’d quickly answer the question - why posters? If you’ve been researching Print on Demand you’ve probably come across the infinite options of t-shirts, mugs, hats, phone cases, and more. All of these are viable options, however we think posters are the perfect place to start. You can always expand into other areas further down the line! So a brief summary of why posters are the perfect product for Print on Demand: \-They are very easy to design! Posters are a very easy shape to deal with - can’t go wrong with a rectangle. This makes designing products very easy. \-Similarly to this, what you see is what you get with a poster. You can literally see your finished product as you design it in either canva or photoshop. With T-Shirts for example, you have to make your design, and then place it on a t-shirt. Then you have to coordinate with your printers the size you would like the design on the tshirt and many other variables like that. There is no messing about with posters - what you see is what you get. \-The same high quality, everywhere. With other products, if you want to reap the benefits of a printing in various countries, you need to ensure each of your global suppliers stocks the same t-shirts, is able to print in the same way, carries the same sizes etc. Again with posters you avoid all of this hassle- your products will come out the same, no matter which of our global locations are used. \-They have a very favorable profit margin. As you will see later, the cost price of posters is very low. And people are prepared to pay quite a lot for a decent bit of wall art! I have tried out other products, and the profit margin combined with the order quantity of posters makes them my most profitable product, every single time. Using PrintShrimp, you can be sure to enjoy profits of anywhere between £6 - £40 pure profit per sale.  \-They are one of the easiest to print white label. This makes them perfect for Print on Demand. Your posters are simply put in a tube, and off they go. There are no extras you need to faff around with, compared to the extra elements other products come with, such as clothing labels on t-shirts.  Picking your poster niche So, you are ready to start selling posters. Great! Now, the blessing and curse with selling posters is that there are infinite possibilities regarding what you can sell. So, it can easily be quite overwhelming at first.  The first thing I would recommend doing is having a look at what others are selling. Etsy is a wonderful place for this (and will likely be a key part of your poster selling journey). So, log on to Etsy and simply type in ‘poster’ in the search bar. Get ready to write a massive list of the broad categories and type of posters that people are selling.  If you do not have more than 50 categories written down by the end, you are doing something wrong. There are seriously an infinite amount of posters! For example, here are some popular ones to get you started: Star sign posters, Kitchen posters, World map posters, Custom Dog Portrait posters, Music posters, Movie posters, Fine art posters, Skiing posters, Girl Power posters and Football posters.  Now, you have a huge list of potential products to sell. What next? There are a few important things you need to bear in mind when picking your niche: \-Does this interest me?  Don’t make the mistake of going down a niche that didn’t actually interest you just because it would probably be a money maker. Before you know it, what can be a very fun process of making designs can become incredibly \\\monotonous, and feel like a chore\\\. You need to bear in mind that you will be spending a lot of time creating designs - if it is something you are interested in you are much less likely to get burnt out! As well, \\\creativity will flow\\\ far better if it is something you are interested in, which at the end of the day will lead to better designs that are more likely to be purchased by customers.  \-Is this within my design range? Don’t let this put you off too much. We will go through how to get started on design later on in this guide. However, it is important to note that the plain truth of it is that some niches and designs are a hell of a lot more complicated than others. For example, quote posters can essentially be designed by anyone when you learn about how to put nice fonts together in a good color scheme. On the other hand, some posters you see may have been designed with complex illustrations in a program like Illustrator. To start with, it may be better to pick a niche that seems a bit more simple to get into, as you can always expand your range with other stores further down the line. A good way of evaluating the design complexity is by identifying if this poster is \\\a lot of elements put together\\\ or is \\\a lot of elements created by the designer themselves\\\\\.\\ Design can in a lot of cases be like a jigsaw - putting colours, shapes and text together to create an image. This will be a lot easier to start with and can be learnt by anyone, compared to complex drawings and illustrations.  \-Is this niche subject to copyright issues? Time to delve deep into good old copyright. Now, when you go through Etsy, you will without a doubt see hundreds of sellers selling music album posters, car posters, movie posters and more. Obviously, these posters contain the property of musicians, companies and more and are therefore copyrighted. The annoying thing is - these are \\\a complete cash cow.\\\ If you go down the music poster route, I will honestly be surprised if you \\don’t\\ make thousands. However it is only a matter of time before the copyright strikes start rolling in and you eventually get banned from Etsy.  So I would highly recommend \\\not making this mistake\\\. Etsy is an incredible platform for selling posters, and it is a hell of a lot easier to make sales on there compared to advertising your own website. And, you \\\only get one chance on Etsy.\\\ Once you have been banned once, you are not allowed to sign up again (and they do ID checks - so you won’t be able to rejoin again under your own name).  So, don’t be shortsighted when it comes to entering Print on Demand. If you keep your designs legitimate, they will last you a lifetime and you will then later be able to crosspost them to other platforms, again without the worry of ever getting shut down.  So, how do I actually design posters? Now you have an idea of what kind of posters you want to be making, it’s time to get creative and make some designs! Photoshop (and the creative cloud in general) is probably the best for this. However, when starting out it can be a scary investment (it costs about £30 a month unless you can get a student rate!).  So, while Photoshop is preferable in the long term, when starting out you can learn the ropes of design and get going with Canva. This can be great at the start as they have a load of templates that you can use to get used to designing and experimenting (while it might be tempting to slightly modify these and sell them - this will be quite saturated on places like Etsy so we would recommend doing something new).  What size format should I use? The best design format to start with is arguably the A sizes - as all the A sizes (A5, A4, A3, A2, A1, A0) are scalable. This means that you can make all of your designs in one size, for example A3, and these designs will be ready to fit to all other A sizes. For example, if you design an A3 poster and someone orders A1, you can just upload this A3 file to PrintShrimp and it will be ready to print. There is a wide range of other sizes you should consider offering on your shop, especially as these sizes are very popular with the American market. They have a wide range of popular options, which unfortunately aren’t all scalable with each other. This does mean that you will therefore have to make some slight modifications to your design in order to be able to offer them in American sizing, in a few different aspect ratios. What you can do however is design all of your products in UK sizing, and simply redesign to fit American sizing once you have had an order. Essentially: design in UK sizing, but list in both UK and US sizing. Then when you get a non-A size order, you can quickly redesign it on demand. This means that you don’t have to make a few different versions of each poster when first designing, and can simply do a quick redesign for US sizing when you need to. Below is PrintShrimps standard size offering. We can also offer any custom sizing too, so please get in touch if you are looking for anything else. With these sizes, your poster orders will be dispatched domestically in whatever country your customer orders from. Our recommendations for starting design One thing that will not be featured in this guide is a written out explanation or guide on how to design. Honestly, I can’t think of a more boring, or frankly worse, way to learn design. When it comes to getting started, experimenting is your best friend! Just have a play around and see what you can do. It is a really fun thing to get started with, and the satisfaction of when a poster design comes together is like no other. A good way to start is honestly by straight up copying a poster you see for sale online. And we don’t mean copying to sell! But just trying to replicate other designs is a great way to get a feel for it and what you can do. We really think you will be surprised at how easy it is to pull together a lot of designs that at first can appear quite complicated! Your best friend throughout this whole process will be google. At the start you will not really know how to do anything - but learning how to look into things you want to know about design is all part of the process. At first, it can be quite hard to even know how to search for what you are trying to do, but this will come with time (we promise). Learning how to google is a skill that you will learn throughout this process.  Above all, what we think is most important is this golden rule: take inspiration but do not steal. You want to be selling similar products in your niche, but not copies. You need to see what is selling in your niche and get ideas from that, but if you make designs too similar to ones already available, you won’t have much luck. At the end of the day, if two very similar posters are for sale and one shop has 1000 reviews and your newer one has 2, which one is the customer going to buy? You need to make yours offer something different and stand out enough to attract customers. Etsy SEO and maximizing your sales You may have noticed in this guide we have mentioned Etsy quite a few times! That is because we think it is hands down the best place to start selling posters. Why? Etsy is a go to place for many looking to decorate their homes and also to buy gifts. It might be tempting to start selling with your own website straight away, however we recommend Etsy as it brings the customers to you. For example, say you start selling Bathroom Posters. It is going to be a hell of a lot easier to convert sales when you already have customers being shown your page after searching ‘bathroom decor’, compared to advertising your own website. This is especially true as it can be hard to identify your ideal target audience to then advertise to via Meta (Facebook/Instagram) for example. Websites are a great avenue to explore eventually like I now have, but we recommend starting with Etsy and going from there. What costs do I need to be aware of? So, setting up an Etsy sellers account is currently costs £15. The only other upfront cost you will have is the cost of listing a product - this is 20 cents per listing. From then on, every time you make a sale you will be charged a transaction fee of 6.5%, a small payment processing fee, plus another 20 cents for a renewed listing fee. It normally works out to about 10% of each order, a small price to pay for all the benefits Etsy brings. No matter what platform you sell on, you will be faced with some form of transaction fee. Etsy is actually quite reasonable especially as they do not charge you to use their platform on a monthly basis.  What do I need to get selling? Getting your shop looking pretty \-Think of a shop name and design (now you are a professional designer) a logo \-Design a banner for the top of your shop \-Add in some about me info/shop announcement \-I recommend running a sale wherein orders of 3+ items get a 20% of discount. Another big benefit of PrintShrimp is that you receive large discounts when ordering multiple posters. This is great for attracting buyers and larger orders.  Making your products look attractive That is the bulk of the ‘decor’ you will need to do. Next up is placing your posters in mock ups! As you may notice on Etsy, most shops show their posters framed and hanging on walls. These are 99% of the time not real photos, but digital mock ups. This is where Photoshop comes in really handy, as you can automate this process through a plug in called Bulk Mock Up. If you don’t have photoshop, you can do this on Canva, you will just have to do it manually which can be rather time consuming.  Now, where can you get the actual Mock Ups? One platform we highly recommend for design in general is platforms like Envato Elements. These are design marketplaces where you have access to millions of design resources that you are fully licensed to use!  Titles, tags, and descriptions  Now for the slightly more nitty gritty part. You could have the world's most amazing looking poster, however, if you do not get the Etsy SEO right, no one is going to see it! We will take you through creating a new Etsy listing field by field so you can know how to best list your products.  The key to Etsy listing optimisation is to maximise. Literally cram in as many key words as you possibly can! Before you start this process, create a word map of anything you can think of relating to your listing. And come at this from the point of view of, if I was looking for a poster like mine, what would I search? Titles \-Here you are blessed with 140 characters to title your listing. Essentially, start off with a concise way of properly describing your poster. And then afterwards, add in as many key words as you can! Here is an example of the title of a well selling Skiing poster: Les Arcs Skiing Poster, Les Arcs Print, Les Alpes, France Ski Poster, Skiing Poster, Snowboarding Poster, Ski Resort Poster Holiday, French This is 139 characters out of 140 - you should try and maximise this as much as possible! As you can see, this crams in a lot of key words and search terms both related to Skiing as a whole, the poster category, and then the specifics of the poster itself (Les Arcs resort in France). Bear in mind that if you are listing a lot of listings that are of the same theme, you won’t have to spend time creating an entirely new title. For example if your next poster was of a ski resort in Italy, you can copy this one over and just swap out the specifics. For example change “France ski poster” to “Italy ski poster”, change “Les Arcs” to “The Dolomites”, etc.  Description \-Same logic applies for descriptions - try and cram in as many key words as you can! Here is an example for a Formula One poster: George Russell, Mercedes Formula One Poster  - item specific keywords Bright, modern and vibrant poster to liven up your home.  - Describes the style of the poster All posters are printed on high quality, museum grade 200gsm poster paper. Suitable for framing and frames. - Shows the quality of the print. Mentions frames whilst showing it comes unframed Experience the thrill of the racetrack with this stunning Formula One poster. Printed on high-quality paper, this racing car wall art print features a dynamic image of a Formula One car in action, perfect for adding a touch of speed and excitement to any motorsports room or man cave. Whether you're a die-hard fan or simply appreciate the adrenaline of high-speed racing, this poster is sure to impress. Available in a range of sizes, it makes a great addition to your home or office, or as a gift for a fellow Formula One enthusiast. Each poster is carefully packaged to ensure safe delivery, so you can enjoy your new piece of art as soon as possible. - A nice bit of text really highlighting a lot of key words such as gift, motorsports, racetrack etc.  You could go further with this too, by adding in extra things related to the poster such as ‘Perfect gift for a Mercedes F1 fan’ etc.  Tags Now, these are actually probably the most important part of your listing! You get 13 tags (20 character limit for each) and there are essentially search terms that will match your listing with what customers search for when shopping.  You really need to maximize these - whilst Title and Description play a part, these are the main things that will bring buyers to your listing. Once again, it is important to think about what customers are likely to be searching when looking for a poster similar to yours. Life hack alert! You can actually see what tags other sellers are using. All you need to do is go to a listing similar to yours that is selling well, scroll down and you can actually see them listed out at the bottom of the page! Here is an example of what this may look like: So, go through a few listings of competitors and make notes on common denominators that you can integrate into your listing. As you can see here, this seller uses tags such as ‘Birthday Gift’ and ‘Poster Print’. When you first start out, you may be better off swapping these out for more listing specific tags. This seller has been on Etsy for a few years however and has 15,000+ sales, so are more likely to see success from these tags.  If it’s not clear why, think about it this way. If you searched ‘poster print’ on Etsy today, there will be 10s of thousands of results. However, if you searched ‘Russell Mercedes Poster’, you will (as of writing) get 336 results. Etsy is far more likely to push your product to the top of the latter tag, against 300 other listings, rather than the top of ‘Poster Print’ where it is incredibly competitive. It is only when you are a more successful shop pulling in a high quantity of orders that these larger and more generic tags will work for you, as Etsy has more trust in your shop and will be more likely to push you to the front.  SKUs \-One important thing you need to do is add SKUs to all of your products! This is worth doing at the start as it will make your life so much easier when it comes to making sales and using PrintShrimp further down the line. What is an SKU? It is a ‘stock keeping unit’, and is essentially just a product identifier. Your SKUs need to match your file name that you upload to PrintShrimp. For example, if you made a poster about the eiffel tower, you can literally name the SKU eiffel-tower. There is no need to complicate things! As long as your file name (as in the image name of your poster on your computer) matches your SKU, you will be good to go.  \-It may be more beneficial to set up a system with unique identifiers, to make organising your files a lot easier further down the line. Say you get to 1000 posters eventually, you’ll want to be able to quickly search a code, and also ensure every SKU is always unique, so you won’t run into accidentally using the same SKU twice further down the line. For example, you can set it up so at the start of each file name, you have \[unique id\]\[info\], so your files will look like -  A1eiffeltower A2france And further down the line: A99aperolspritz B1potatoart This not only removes the potential issue of duplicating SKUs accidentally (for example if you made a few posters of the same subject), but also keeps your files well organised. If you need to find a file, you can search your files according to the code, so just by searching ‘a1’ for example, rather than having to trawl through a load of different files until you find the correct one. \-If your poster has variations, for example color variations, you can set a different SKU for each variation. Just click the little box when setting up variations that says ‘SKUs vary for each (variation)’. So if you have a poster available either in a white or black background, you can name each file, and therefore each SKU, a1eiffel-tower-black and a1eiffel-tower-white for example. \-The same goes for different sizes. As different American sizes have different aspect ratios, as mentioned above you may have to reformat some posters if you get a sale for one of these sizes. You can then add in the SKU to your listing once you have reformatted your poster. So for example if you sell a 16x20” version of the eiffel tower poster, you can name this file eiffel-tower-white-1620. Whilst this involves a little bit of set up, the time it saves you overall is massive!  Variations and Prices \-So, when selling posters there is a huge variety of sizes that you can offer, as mentioned previously. Non-negotiable is that you should be offering A5-A1. These will likely be your main sellers! Especially in the UK. It is also a good idea to offer inch sizing to appeal to a global audience (as bear in mind with PrintShrimp you will be able to print in multiple countries around the world!).  Below is a recommended pricing structure of what to charge on Etsy. Feel free to mess around with these! You may notice on Etsy that many shops charge a whole lot more for sizes such as A1, 24x36” etc. In my experience I prefer charging a lower rate to attract more sales, but there is validity in going for a lower amount of sales with higher profits. As mentioned above, you can also offer different variations on items - for example different colour schemes on posters. This is always a decent idea (if it suits the design) as it provides the customer with more options, which might help to convert the sale. You can always add this in later however if you want to keep it simple while you start! Setting up shipping profiles Etsy makes it very easy to set up different shipping rates for different countries. However, luckily with PrintShrimp you can offer free shipping to the majority of the major countries that are active on Etsy!  Using PrintShrimp means that your production costs are low enough in each domestic market to justify this. If you look on Etsy you can see there are many shops that post internationally to countries such as the US or Australia. Therefore, they often charge £8-10 in postage, and have a delivery time of 1-2 weeks. This really limits their customer base to their domestic market.  Using PrintShrimp avoids this and means you can offer free shipping (as we absorb the shipping cost in our prices) to the major markets of the UK, Australia, and USA (Europe coming soon!).  We also offer a 1 day processing time, unlike many POD poster suppliers. This means you can set your Etsy processing time to just one day, which combined with our quick shipping, means you will be one of the quickest on Etsy at sending out orders. This is obviously very attractive for customers, who are often very impatient with wanting their orders!  Getting the sales and extra tips \-Don’t list an insane amount of listings when you first get started. Etsy will be like ‘hang on a second’ if a brand new shop suddenly has 200 items in the first week. Warm up your account, and take things slow as you get going. We recommend 5 a day for the first week or so, and then you can start uploading more. You don’t want Etsy to flag your account for suspicious bot-like activity when you first get going.  \-It is very easy to copy listings when creating a new one. Simply select an old listing and press copy, and then you can just change the listing specific details to create a new one, rather than having to start from scratch. It can feel like a bit of a ball-ache setting up your first ever listing, but from then on you can just copy it over and just change the specifics.  \-Try and organize your listings into sections! This really helps the customer journey. Sometimes a customer will click onto your shop after seeing one of your listings, so it really helps if they can easily navigate your shop for what they are looking for. So, you now have a fully fledged Etsy shop. Well done! Time to start making £3,000 a month straight away right? Not quite. Please bear in mind, patience is key when starting out. If you started doing this because you are £10,000 in debt to the Albanian mafia and need to pay it off next week, you have come into this in the wrong frame of mind. If you have however started this to slowly build up a side hustle which hopefully one day become your full time gig, then winner winner chicken dinner.  Starting out on Etsy isn’t always easy. It takes time for your shop to build up trust! As I’ve said before, a buyer is far more likely to purchase from a shop with 1000s of reviews, than a brand new one with 0. But before you know it, you can become one of these shops! One thing you can do at the very start is to encourage your friends and family to buy your posters! This is a slightly naughty way of getting a few sales at the start, of course followed by a few glowing 5\* reviews. It really helps to give your shop this little boost at the start, so if this is something you can do then I recommend it.  Okay, so once you have a fully fledged shop with a decent amount of listings, you might be expecting the sales to start rolling in. And, if you are lucky, they indeed might. However, in my experience, you need to give your listings a little boost. So let us introduce you to: The wonderful world of Etsy ads Ads!! Oh no, that means money!! We imagine some of you more risk averse people are saying to yourself right now. And yes, it indeed does. But more often than not unfortunately you do have to spend money to make money.  Fortunately, in my experience anyway, Etsy ads do tend to work. This does however only apply if your products are actually good however, so if you’re back here after paying for ads for 2 months and are losing money at the same rate as your motivation, maybe go back to the start of this guide and pick another niche.  When you first start out, there are two main strategies.  Number 1: The Safer Option So, with PrintShrimp, you will essentially be making a minimum of £6 profit per order. With this in mind, I normally start a new shop with a safer strategy of advertising my products with a budget of $3-5 dollars a day. This then means that at the start, you only need to make 1 sale to break even, and anything above that is pure profit! This might not seem like the most dazzling proposition right now, but again please bear in mind that growth will be slow at the start. This means that you can gradually grow your shop, and therefore the trust that customers have in your shop, over time with a very small risk of ever actually losing money. Number 2: The Billy Big Balls Option If you were yawning while reading the first option, then this strategy may be for you. This will be better suited to those of you that are a bit more risk prone, and it also helps if you have a bit more cash to invest at the start. Through this strategy, you can essentially pay your way to the top of Etsy's rankings. For this, you’ll probably be looking at spending $20 a day on ads. So, this can really add up quickly and is definitely the riskier option. In my experience, the level of sales with this may not always match up to your spend every day. You may find that some days you rake in about 10 sales, and other days only one. But what this does mean is that as your listings get seen and purchased more, they will begin to rank higher in Etsy’s organic search rankings, at a much quicker rate than option one. This is the beauty of Etsy’s ads. You can pay to boost your products, but then results from this paid promotion feed into the organic ranking of your products. So you may find that you can splash the cash for a while at the start in order to race to the top, and then drop your ad spending later on when your products are already ranking well.  Sending your poster orders So, you’ve now done the hard bit. You have a running Etsy store, and essentially all you need to now on a daily basis is send out your orders and reply to customer messages! This is where it really becomes passive income.  \-Check out the PrintShrimp order portal. Simply sign up, and you can place individual orders through there. \-Bulk upload: We have an option to bulk upload your Esty orders via csv.  Seriously, when you are up and running with your first store, it is really as easy as that.  Once you have your first Etsy store up and running, you can think about expanding. There are many ways to expand your income. You can set up other Etsy stores, as long as the type of posters you are selling varies. You can look into setting up your own Shopify stores, and advertise them through Facebook, Instagram etc. Through this guide, we will teach you everything you need to know about starting to sell posters and generate some income. We will also show you why PrintShrimp is the best POD supplier for all of your poster needs. Trust me, you won’t need much convincing.

[Ultimate List] A list of Marketing Tools That I’ve tested over the years and found helpful to do better marketing with less work. More than 50 Tools To Help you with Marketing, Copywriting & Sales!

Starting to focus on marketing for your business, You will come across the same tools mentioned over and over by marketers. I would like to mention here tools that you might haven’t seen going viral in the community but actually will help you grow faster and efficiently. Starting off with My favourite Marketing Channel! #Email Marketing For SMBs Convertkit / Mailerlite / Mailchimp - These 3 Platforms are the best options for SMBs and entrepreneurs just starting out with email marketing. All 3 have free plans up to 1,000 subscribers. Scribe - Email Signature Tool, Create Great Email signatures for your emails. Liramail - Most Email marketing platforms don’t offer great email templates. This tool will help you build great email templates with drag and drop. Quick mail Auto-Warmer - Most Businesses at the beginning don’t know what to do when open rate drops. You need to use an email warmer like this to keep it up. #Email Marketing For Big Businesses SendGrid - Overall Email Marketing Tools, this tool is best for brands that have huge email lists and email marketing is the key marketing channel. Braze - This tool is leading in email marketing for large Email senders. When I was working for agencies, this was one of the best email marketing tools I had used. NeoCertified - Protect your emails for spammers and threats. To keep your email list healthy, this is a must have! Sparkloop - Referral Marketing For Email Campaigns. Email can generate great huge amount of referrals for you and Sparkloop makes it easier. #Cold Emails & Lead Generation Hunter - A Great Tool to scrape emails from domain names. The tool comes with a green free plan but Pro plan is worth the amount of features it provides. Icyleads - It’s better than Hunter as it’s heavily focused on the sales and prospecting to help you derive great results from your campaigns. Mailshake - Beginner Friend Cold Email Tool with Great features like email list warming. #Communication Tools Twilio - One do the best customer engagement platform used by Companies like Stripe and mine too. Chatlio - Use Live chat feature on your website with slack integration. My favourite easier to catch up on conversations through slack integration. Intercom - Used by Most Marketers, Industry Leading customer communication platform. Great for beginners! Chatwoot - Another Amazing Communication Tool but the best part is they have a great free plan useful for new businesses. Loom - Communicate with your audience through Videos. Loom is great for SaaS and to show human interaction to close new visitors effectively. #CRM Outseta - This tool provides great CRM and their billing system is better than other tools out their which makes it stands out! Hubspot - I don’t think this tool needs an introduction because Hubspot’s CRM is the best in industry. Salesflare - This CRM is a great alternative to hubspot as it’s beginner friendly and helpful for SMBs. #SEO Tools Ahrefs - One of the best SEO tool in the industry. They also just launched a bunch of free tools to help SEO beginners. Screaming frog - The only website crawler I have used since I bought my first domain. It’s the best! Ubersuggest- The Tool by Neil Patel is the best SEO tool for you. (I’m Joking, it’s the worst) Contentking - This tool is good at Real-time SEO Auditing, they do a lot of Marketing work through Newsletters. If you are subscribed to any SEO newsletter. You may have seen this tool. SEOquake & Semrush - SEOquake is a great tool to conduct on-page analysis, SERP, and much more. Great tool but it’s owned by Semrush. You should go for Semrush because that tool will cover all SEO aspects for you. #Content Marketing Buzzsumo - This tool is great for content research and but you may find the regular emails pretty annoying sometimes. Contentrow - Analyse Your Content and find it’s strength. Highly recommended who are weak at content structuring like me. Grammarly - If you are not a native English speaker like me, you might think you need it or not. You need it for sure for grammar corrections. #Graphic Design Tools Visme - At agencies, Infographics can be more effective than usual postscript. Visme is a graphic design tool focused on infographics and designs related to B2B and B2C. It’s great for agencies! Glorify - A Graphic Design Tool focused on E-commerce, filled with Designs useful for E-commerce store owners. Canva - All-in-one Industry leading Graphic Design Tool that everyone knows and every template is overused now. Adobe Creative Cloud ( previously Sparkpost) - It’s a great alternative to Canva filled with Amazing Stock images to use in your visuals but the only backlash is the exports in this tool are not high quality. Snaps - A Canva Alternative that might not have overused templates for your Social Accounts. #Advertising Tools Plai - It’s a great PPC tool to create Ads for Instagram and Tiktok. Wordstream - It’s an industry leading PPC Tool, great for Ad Grading and auditing. AdEspresso - This Is a tool by Hootsuite. They have a lot of Data sourced at the backend, which helps in Ad optimisation through this tool. That’s the reason I recommend this tool. #Video Editing Tools Veed Studio - I have been using Veed from last year. It’s one of the best Video Marketing Tool Optimized for Instagram & Tiktok. Synthesia - It’s a new AI video generation platform. From last few months, if you have seen marketing agencies including Videos in Emails. The chances are that’s not a Agency member taking but AI generated Human. Motionbox - It’s also a great video editing tool focused on video editing for Digital Marketers. Jitter Video - It’s a great motion design tool. Comes with great templates, the only place where other tools I mentioned lacks. It’s great and beginner friendly. #Copywriting Jasper AI - Google’s John Mueller says AI generated content is banned on Search but I think with Jasper AI you can generate SEO optimised Content but you have to put in some efforts like at least give 30 minutes for editing the Copy by yourself. Copy AI - Another AI tool to help you write better copy. This one is more focused on helping you write copy suitable for Ads and Social media campaigns. Hemingway App - To help you write more clearly and Bold. This tool is better than Grammarly if you look for writing perspective and it’s free. #Social Media Management App I’ve used a Lot of SMM Tools and that’s why going to mention all of them with a short review. Sprout social - The Best with deep insights coverage. Hootsuite - Great Scheduling tool just under sprout social. Later - Heavily Focused on Instagram from beginning and Now Tiktok too. SkedSocial - It’s like a Later alternative with great addition features like link-in-bio. Facebook’s Business Manager- Great but sometimes bugs can make a huge issue for you and customer support is like dead. Tweet Hunter & Hypefury- Both are Twitter Scheduling tools growing very fast on platform and are great for growth. Buffer - It’s a great tool but I haven’t seen any new updates to help with management. Zoho Social - It’s a great SMM tool and if you use other marketing solutions from Zoho. It’s a must have! #Market Research Tool • SparkToro - That’s the only one I have ever used. It’s great for audience research and comes with great customer service. Founded by Rand Fishkin, it’s one of the best research tool. #Influencer Marketing & UGC InfluenceGrid - A free search engine To find Tiktok & Instagram Influencers for your campaigns. Tiktok Creative Center- TikTok’s in-built tool called “Creative Center” is the best to find content trends, audience demographics and much more. Archive - Find Instagram Stories and Posts mentioning Your brands and use them as Ads for your business Marketing. #Landing Page Builders Leadpages - Its a great landing page builder because the integration and drag-and-drop features makes it easier to work with! Cardd co - A Great Landing page builder with easy step up but it lacks the copywriting and tracking features. Instapage - It’s one of the best out and I think the overall product is effective enough to help you stand out with your landing page. Unbounce - It’s a great alternative to Instapage due its well polished landing page templates that might be helpful for you. #Community Building Mighty Networks - A Great Community building platform, and you can also sell courses within the platform. Circle so - A great alternative to Mighty networks focused on Communities specifically. We are currently using for small community Of ours. #Sales Tools Drift - You can get much more out of Drift than just sales tools but The Sales solutions provided in Drift are one of the best. Salesforce - It’s the industry Sales solution provider. A go-to and have various pricing plans making it suitable for majority of SMBs. #Social Proof Tools People don’t have enough time to search across internet to decide to trust you after seeing your Ad first time. That’s what you might be facing too. Here are two tools I absolutely love for social proof! Use Proof - Show Recent Activities occurring on your website and build the trust of your visitors. Testimonial to - Gather Testimonials across Social Media platforms related to your business with this tool. Capture tweets and comments mentioning your brands and mention them. #Analytics Tools Plausible Analytics- A privacy friendly Analytics alternative to Google Analytics if you hate Analytics 4 like me. Mixpanel - Product Analytics and funnel reports better than Google Analytics. #Reddit Marketing Gummysearch- This tool will help To find your target audience on Reddit and interact with them with its help and close your new customers. Howitzer- It’s another pretty similar tool to Gummysearch focused on Reddit cold outreach to get clients and new customers. Both are great but Gummysearch provides better customer support while Howtizer is helpful on a large scale Reddit Marketing. #Text Marketing Klaviyo - It’s an email + SMS marketing tool, it’s taking up space in marketing industry very quickly as an industry leader due to its great integrations but you need to learn the platform usage to maximise the outcome. Cartloop - This tool provides great text marketing solutions with integration with Spotify and other e-commerce marketing tools. Attentive Mobile - This is my favourite Text marketing tool due to the interactive dashboard + they have a library of Text marketing examples to help you out with your campaigns. #Other Tools I have used throughout my journey! Triple Whale - It’s a great E-commerce marketing tools with Triple pixel to help you track your campaigns more efficiently. Fastory - To create well optimized Instagram & Tiktok Stories for your business. Jotform - Online Form Builder with integrations with leading marketing tools. Gated - As an entrepreneur and marketer, you may receive a bunch of unwanted emails. Use Gated to get rid of them and receive useful mails only! ClickUp- The main Tool for Project Management, one of the best and highly recommended. Riverside - Forget Zoom or Google Meet, For your Podcast Interviews and Marketing conferences. You need riverside with great video quality and recording features. Manychat- Automate your Instagram DMs and interact with your followers more efficiently + sell out your products/ services when you are offline. Calendy - To schedule meetings with your ideal clients. ServiceProviderPro - It’s a client portal for SEO & Growing Agencies, very helpful in scaling agencies. SendCheckit - Compare your Email Subject Lines with 100,000+ others in the database for free. Otter AI - Using AI track your meetings more effectively, you can easily edit, annotate and share notes from the meetings. Ryte - Optimise your website User experience with this tool focused on UX aspects + SEO too. PhantomBuster - Scrape LinkedIn Profile and Data from Facebook/LinkedIn groups. I clearly love this tool! #Honourable Mentions Zapier - The Only tool you need to integrate your favourite tool with a new effective tool. Elementor - That’s what I use for web design and it’s great! Marketer Hire - To hire world class marketers to work with you. InShot & Capcut - I create Instagram Reels and TikTok’s and life without these tools isn’t possible. Nira - It’s a great tool to Manage your workspace and this tool has launched many marketing templates in-built helpful for marketers and also entrepreneurs. X - The tool you love that wasn’t mentioned here is valuable and I honour that tool and share that if you would like to! I mean thanks for reading what I have curated all over my life as a marketer. I share 5 Marketing Tools, 5 Marketing Resources and 1 Free Resourceevery week in my newsletter, you can subscribe here to receive that for free. Also, You can read an expanded list of email marketing tools in this Reddit post!

AI Content Campaign Got 4M impressions, Thousands of Website Views, Hundreds of Customers for About $100 — This is the future of marketing

Alright. So, a few months ago I tested a marketing strategy for a client that I’ve sense dedicated my life to developing on. The Idea was to take the clients Pillar content (their YouTube videos) and use AI to rewrite the content for all the viable earned media channels (mainly Reddit). The campaign itself was moderately successful. To be specific, after one month it became their 2nd cheapest customer acquisition cost (behind their organic YouTube content). But there is a lot to be done to improve the concept. I will say, having been in growth marketing for a decade, I felt like I had hit something big with the concept. I’m going to detail how I built that AI system, and what worked well and what didn’t here. Hopefully you guys will let me know what you think and whether or not there is something here to keep working on. DEFINING THE GOAL Like any good startup, their marketing budget was minimal. They wanted to see results, fast and cheap. Usually, marketers like me hate to be in this situation because getting results usually either takes time or it takes money. But you can get results fast and cheap if you focus on an earned media strategy - basically getting featured in other people’s publication. The thing is these strategies are pretty hard to scale or grow over time. That was a problem for future me though. I looked through their analytics and saw they were getting referral traffic from Reddit - it was their 5th or 6th largest source of traffic - and they weren’t doing any marketing on the platform. It was all digital word of mouth there. It kind of clicked for me there, that Reddit might be the place to start laying the ground work. So with these considerations in mind the goal became pretty clear: Create content for relevant niche communities on Reddit with the intent of essentially increasing brand awareness. Use an AI system to repurpose their YouTube videos to keep the cost of producing unique content for each subreddit really low. THE HIGH-LEVEL STRATEGY I knew that there are huge amounts of potential customers on Reddit (About 12M people in all the relevant communities combined) AND that most marketers have a really tough time with the platform. I also knew that any earned media strategy, Reddit or not, means Click Through Rates on our content would be extremely low. A lot of people see this as a Reddit specific problem because you can’t self-promote on the platform, but really you have to keep self-promotion to a minimum with any and all earned media. This basically meant we had to get a lot of impressions to make up for it. The thing about Reddit is if your post absolutely crushes it, it can get millions of views. But crushing it is very specific to what the expectations are of that particular subreddit. So we needed to make content that was specifically written for that Subreddit. With that I was able to essentially design how this campaign would work: We would put together a list of channels (specifically subreddits to start) that we wanted to create content for. For each channel, we would write a content guideline that details out how to write great content for this subreddit. These assets would be stored in an AirTable base, along with the transcripts of the YouTube videos that were the base of our content. We would write and optimize different AI Prompts that generated different kinds of posts (discussion starters about a stock, 4-5 paragraph stock analysis, Stock update and what it means, etc…) We would build an automation that took the YouTube transcripts, ran each prompt on it, and then edited each result to match the channel writing guidelines. And then we would find a very contextual way to leave a breadcrumb back to the client. Always as part of the story of the content. At least, this is how I originally thought things would go. CHOOSING THE RIGHT SUBREDDITS Picking the right communities was vital. Here’s the basic rubric we used to pick and prioritize them: • Relevance: We needed communities interested in stock analysis, personal finance, or investing. • Subreddit Size vs. Engagement: Large subreddits offer more potential impressions but can be less focused. Smaller subreddits often have higher engagement rates. • Content Feasibility: We had to ensure we could consistently create high-value posts for each chosen subreddit. We started with about 40 possibilities, then narrowed it down to four or five that consistently delivered upvotes and user signups. CREATING CHANNEL-SPECIFIC GUIDES By the end, creating channel specific writing guidelines looked like a genius decision. Here’s how we approached it and used AI to get it done quickly: Grabbed Top Posts: We filtered the subreddit’s top posts (change filter to “Top” and then “All Time”) of all time to see the kinds of content that performed best Compiled The Relevant Posts: We took the most relevant posts to what we were trying to do and put them all on one document (basically created one document per subreddit that just had the top 10 posts in that subreddit). Had AI Create Writing Guideline Based On Posts: For each channel, we fed the document with the 10 posts with the instructions “Create a writing guideline for this subreddit based on these high performing posts. I had to do some editing on each guideline but this worked pretty well and saved a lot of time. Each subreddit got a custom guideline, and we put these inside the “Channels” table of the AirTable base we were developing with these assets. BUILDING THE AI PROMPTS THAT GENERATED CONTENT Alright this is probably the most important section so I’ll be detailed. Essentially, we took all the assets we developed up until this point, and used them to create unique posts for each channel. This mean each AI prompt was about 2,000 words of context and produced about a 500-word draft. There was a table in our AirTable where we stored the prompts, as I alluded to earlier. And these were basically the instructions for each prompt. More specifically, they detailed out our expectations for the post. In other words, there were different kinds of posts that performed well on each channel. For example, you can write a post that’s a list of resources (5 tools we used to…), or a how to guide (How we built…), etc.. Those weren’t the specific ones we used, but just wanted to really explain what I meant there. That actual automation that generated the content worked as follows: New source content (YouTube video transcript) was added to the Source Content table. This triggered the Automation. The automation grabbed all the prompts in the prompt table. For each prompt in the prompt table, we sent a prompt to OpenAI (gpt-4o) that contained first the prompt and also the source content. Then, for each channel that content prompt could be used on, we sent another prompt to OpenAI that revised the result of the first prompt based on the specific channel guidelines. The output of that prompt was added to the Content table in AirTable. To be clear, our AirTable had 4 tables: Content Channels Prompts Source Content The Source Content, Prompts, and Channel Guidelines were all used in the prompt that generated content. And the output was put in the Content table. Each time the automation ran, the Source Content was turned into about 20 unique posts, each one a specific post type generated for a specific channel. In other words, we were create a ton of content. EDITING & REFINING CONTENT The AI drafts were never perfect. Getting them Reddit-ready took editing and revising The main things I had to go in and edit for were: • Tone Adjustments: We removed excessively cliche language. The AI would say silly things like “Hello fellow redditors!” which sound stupid. • Fact-Checking: Financial data can be tricky. We discovered AI often confused figures, so we fact check all stock related metrics. Probably something like 30-40% error rate here. Because the draft generation was automated, that made the editing and getting publish ready the human bottleneck. In other words, after creating the system I spent basically all my time reviewing the content. There were small things I could do to make this more efficient, but not too much. The bigger the model we used, the less editing the content needed. THE “BREADCRUMB” PROMOTION STRATEGY No where in my prompt to the AI did I mention that we were doing any marketing. I just wanted the AI to focus on creating content that would do well on the channel. So in the editing process I had to find a way to promote the client. I called it a breadcrumb strategy once and that stuck. Basically, the idea was to never overtly promote anything. Instead find a way to leave a breadcrumb that leads back to the client, and let the really interested people follow the trail. Note: this is supposed to be how we do all content marketing. Some examples of how we did this were: Shared Visuals with a Subtle Watermark: Because our client’s product offered stock data, we’d often include a chart or graph showing a company’s financial metric with the client’s branding in the corner. Added Supporting Data from Client’s Website: If we mentioned something like a company’s cash flow statement, we could link to that company’s cash flow statement on the client’s website. It worked only because there was a lot of data on the client’s website that wasn’t gated. These tactics were really specific to the client. Which is should be. For other companies I would rethink what tactics I use here. THE RESULTS I’m pretty happy with the results • Impressions: – Early on posts averaged \~30,000 apiece, but after about a month of optimization, we hit \~70,000 impressions average. Over about two months, we reached 4 million total impressions. • Signups: – In their signups process there was one of those “Where did you find us?” questions and the amount of people who put Reddit jumped into the few hundred a month. Precise tracking of this is impossible. • Cost Efficiency (This is based on what I charged, and not the actual cost of running the campaign which is about $100/mo): – CPM (cost per thousand impressions) was about $0.08, which is far better than most paid channels. – Cost per free user: \~$8-10. After about a 10% conversion rate to a paid plan, our cost per paying user was $80–$100—well below the client’s previous $300–$400. HIGHLIGHTS: WHAT WORKED Subreddit-Specific Content: – Tailoring each post’s format and length to the audience norms boosted engagement. Worked out really well. 1 post got over 1M views alone. We regularly had posts that had hundreds of thousands. Breadcrumbs: – We never had anyone call us out for promoting. And really we weren’t. Our first priority was writing content that would crush on that subreddit. Using the Founder’s Existing Material: – The YouTube transcripts grounded the AI’s content in content we already made. This was really why we were able to produce so much content. CHALLENGES: WHAT DIDN’T WORK AI is still off: – Maybe it’s expecting too much, but still I wish the AI had done a better job. I editing a lot of content. Human oversight was critical. Scheduling all the content was a pain: – Recently I automated this pretty well. But at first I was scheduling everything manually and scheduling a hundred or so posts was a hassle. Getting Data and Analytics: – Not only did we have not very good traffic data, but the data from reddit had to be collected manually. Will probably automate this in the future. COST & TIME INVESTMENT Setup: The setup originally took me a couple weeks. I’ve since figured out how to do much faster (about 1 week). AirTable Setup here was easy and the tools costs $24/mo so not bad. ChatGPT costs were pretty cheap. Less than $75 per month. I’ve sense switched to using o1 which is much more expensive but saves me a lot of editing time Human Editing: Because this is the human part of the process and everything else was automated it mean by default all my time was spent editing content. Still this was a lot better than creating content from scratch probably by a factor of 5 or 10. The main expense was paying an editor (or using your own time) to refine posts. Worth it? Yes even with the editing time I was able to generate way more content that I would have otherwise. LESSONS & ACTIONABLE TAKEAWAYS Reddit as a Growth Channel: – If you genuinely respect each subreddit’s culture, you can achieve massive reach on a tight budget. AI + Human Collaboration: – AI excels at first drafts, but human expertise is non-negotiable for polishing and ensuring factual integrity. Soft Promotion Wins: – The “breadcrumb” approach paid off. It might feel like too light a touch, but is crucial for Reddit communities. Create once, repurpose as many times as possible: – If you have blog posts, videos, podcasts, or transcripts, feed them into AI to keep your message accurate and brand-consistent. CONCLUSION & NEXT STEPS If you try a similar approach: • Begin with smaller tests in a few niches to learn what resonates. • Create a clear “channel guide” for each community. • Carefully fact-check AI-generated posts. • Keep brand mentions low-key until you’ve established credibility.

I run an AI automation agency (AAA). My honest overview and review of this new business model

I started an AI tools directory in February, and then branched off that to start an AI automation agency (AAA) in June. So far I've come across a lot of unsustainable "ideas" to make money with AI, but at the same time a few diamonds in the rough that aren't fully tapped into yet- especially the AAA model. Thought I'd share this post to shine light into this new business model and share some ways you could potentially start your own agency, or at the very least know who you are dealing with and how to pick and choose when you (inevitably) get bombarded with cold emails from them down the line. Foreword Running an AAA does NOT involve using AI tools directly to generate and sell content directly. That ship has sailed, and unless you are happy with $5 from Fiverr every month or so, it is not a real business model. Cry me a river but generating generic art with AI and slapping it onto a T-shirt to sell on Etsy won't make you a dime. At the same time, the AAA model will NOT require you to have a deep theoretical knowledge of AI, or any academic degree, as we are more so dealing with the practical applications of generative AI and how we can implement these into different workflows and tech-stacks, rather than building AI models from the ground up. Regardless of all that, common sense and a willingness to learn will help (a shit ton), as with anything. Keep in mind - this WILL involve work and motivation as well. The mindset that AI somehow means everything can be done for you on autopilot is not the right way to approach things. The common theme of businesses I've seen who have successfully implemented AI into their operations is the willingess to work with AI in a way that augments their existing operations, rather than flat out replace a worker or team. And this is exactly the train of thought you need when working with AI as a business model. However, as the field is relatively unsaturated and hype surrounding AI is still fresh for enterprises, right now is the prime time to start something new if generative AI interests you at all. With that being said, I'll be going over three of the most successful AI-adjacent businesses I've seen over this past year, in addition to some tips and resources to point you in the right direction. so.. WTF is an AI Automation Agency? The AI automation agency (or as some YouTubers have coined it, the AAA model) at its core involves creating custom AI solutions for businesses. I have over 1500 AI tools listed in my directory, however the feedback I've received from some enterprise users is that ready-made SaaS tools are too generic to meet their specific needs. Combine this with the fact virtually no smaller companies have the time or skills required to develop custom solutions right off the bat, and you have yourself real demand. I would say in practice, the AAA model is quite similar to Wordpress and even web dev agencies, with the major difference being all solutions you develop will incorporate key aspects of AI AND automation. Which brings me to my second point- JUST AI IS NOT ENOUGH. Rather than reducing the amount of time required to complete certain tasks, I've seen many AI agencies make the mistake of recommending and (trying to) sell solutions that more likely than not increase the workload of their clients. For example, if you were to make an internal tool that has AI answer questions based on their knowledge base, but this knowledge base has to be updated manually, this is creating unnecessary work. As such I think one of the key components of building successful AI solutions is incorporating the new (Generative AI/LLMs) with the old (programmtic automation- think Zapier, APIs, etc.). Finally, for this business model to be successful, ideally you should target a niche in which you have already worked and understand pain points and needs. Not only does this make it much easier to get calls booked with prospects, the solutions you build will have much greater value to your clients (meaning you get paid more). A mistake I've seen many AAA operators make (and I blame this on the "Get Rich Quick" YouTubers) is focusing too much on a specific productized service, rather than really understanding the needs of businesses. The former is much done via a SaaS model, but when going the agency route the only thing that makes sense is building custom solutions. This is why I always take a consultant-first approach. You can only build once you understand what they actually need and how certain solutions may impact their operations, workflows, and bottom-line. Basics of How to Get Started Pick a niche. As I mentioned previously, preferably one that you've worked in before. Niches I know of that are actively being bombarded with cold emails include real estate, e-commerce, auto-dealerships, lawyers, and medical offices. There is a reason for this, but I will tell you straight up this business model works well if you target any white-collar service business (internal tools approach) or high volume businesses (customer facing tools approach). Setup your toolbox. If you wanted to start a pressure washing business, you would need a pressure-washer. This is no different. For those without programming knowledge, I've seen two common ways AAA get setup to build- one is having a network of on-call web developers, whether its personal contacts or simply going to Upwork or any talent sourcing agency. The second is having an arsenal of no-code tools. I'll get to this more in a second, but this works beecause at its core, when we are dealing with the practical applications of AI, the code is quite simple, simply put. Start cold sales. Unless you have a network already, this is not a step you can skip. You've already picked a niche, so all you have to do is find the right message. Keep cold emails short, sweet, but enticing- and it will help a lot if you did step 1 correctly and intimately understand who your audience is. I'll be touching base later about how you can leverage AI yourself to help you with outreach and closing. The beauty of gen AI and the AAA model You don't need to be a seasoned web developer to make this business model work. The large majority of solutions that SME clients want is best done using an API for an LLM for the actual AI aspect. The value we create with the solutions we build comes with the conceptual framework and design that not only does what they need it to but integrates smoothly with their existing tech-stack and workflow. The actual implementation is quite straightforward once you understand the high level design and know which tools you are going to use. To give you a sense, even if you plan to build out these apps yourself (say in Python) the large majority of the nitty gritty technical work has already been done for you, especially if you leverage Python libraries and packages that offer high level abstraction for LLM-related functions. For instance, calling GPT can be as little as a single line of code. (And there are no-code tools where these functions are simply an icon on a GUI). Aside from understanding the capabilities and limitations of these tools and frameworks, the only thing that matters is being able to put them in a way that makes sense for what you want to build. Which is why outsourcing and no-code tools both work in our case. Okay... but how TF am I suppposed to actually build out these solutions? Now the fun part. I highly recommend getting familiar with Langchain and LlamaIndex. Both are Python libraires that help a lot with the high-level LLM abstraction I mentioned previously. The two most important aspects include being able to integrate internal data sources/knowledge bases with LLMs, and have LLMs perform autonomous actions. The two most common methods respectively are RAG and output parsing. RAG (retrieval augmented Generation) If you've ever seen a tool that seemingly "trains" GPT on your own data, and wonder how it all works- well I have an answer from you. At a high level, the user query is first being fed to what's called a vector database to run vector search. Vector search basically lets you do semantic search where you are searching data based on meaning. The vector databases then retrieves the most relevant sections of text as it relates to the user query, and this text gets APPENDED to your GPT prompt to provide extra context to the AI. Further, with prompt engineering, you can limit GPT to only generate an answer if it can be found within this extra context, greatly limiting the chance of hallucination (this is where AI makes random shit up). Aside from vector databases, we can also implement RAG with other data sources and retrieval methods, for example SQL databses (via parsing the outputs of LLM's- more on this later). Autonomous Agents via Output Parsing A common need of clients has been having AI actually perform tasks, rather than simply spitting out text. For example, with autonomous agents, we can have an e-commerce chatbot do the work of a basic customer service rep (i.e. look into orders, refunds, shipping). At a high level, what's going on is that the response of the LLM is being used programmtically to determine which API to call. Keeping on with the e-commerce example, if I wanted a chatbot to check shipping status, I could have a LLM response within my app (not shown to the user) with a prompt that outputs a random hash or string, and programmatically I can determine which API call to make based on this hash/string. And using the same fundamental concept as with RAG, I can append the the API response to a final prompt that would spit out the answer for the user. How No Code Tools Can Fit In (With some example solutions you can build) With that being said, you don't necessarily need to do all of the above by coding yourself, with Python libraries or otherwise. However, I will say that having that high level overview will help IMMENSELY when it comes to using no-code tools to do the actual work for you. Regardless, here are a few common solutions you might build for clients as well as some no-code tools you can use to build them out. Ex. Solution 1: AI Chatbots for SMEs (Small and Medium Enterprises) This involves creating chatbots that handle user queries, lead gen, and so forth with AI, and will use the principles of RAG at heart. After getting the required data from your client (i.e. product catalogues, previous support tickets, FAQ, internal documentation), you upload this into your knowledge base and write a prompt that makes sense for your use case. One no-code tool that does this well is MyAskAI. The beauty of it especially for building external chatbots is the ability to quickly ingest entire websites into your knowledge base via a sitemap, and bulk uploading files. Essentially, they've covered the entire grunt work required to do this manually. Finally, you can create a inline or chat widget on your client's website with a few lines of HTML, or altneratively integrate it with a Slack/Teams chatbot (if you are going for an internal Q&A chatbot approach). Other tools you could use include Botpress and Voiceflow, however these are less for RAG and more for building out complete chatbot flows that may or may not incorporate LLMs. Both apps are essentially GUIs that eliminate the pain and tears and trying to implement complex flows manually, and both natively incoporate AI intents and a knowledge base feature. Ex. Solution 2: Internal Apps Similar to the first example, except we go beyond making just chatbots but tools such as report generation and really any sort of internal tool or automations that may incorporate LLM's. For instance, you can have a tool that automatically generates replies to inbound emails based on your client's knowledge base. Or an automation that does the same thing but for replies to Instagram comments. Another example could be a tool that generates a description and screeenshot based on a URL (useful for directory sites, made one for my own :P). Getting into more advanced implementations of LLMs, we can have tools that can generate entire drafts of reports (think 80+ pages), based not only on data from a knowledge base but also the writing style, format, and author voice of previous reports. One good tool to create content generation panels for your clients would be MindStudio. You can train LLM's via prompt engineering in a structured way with your own data to essentially fine tune them for whatever text you need it to generate. Furthermore, it has a GUI where you can dictate the entire AI flow. You can also upload data sources via multiple formats, including PDF, CSV, and Docx. For automations that require interactions between multiple apps, I recommend the OG zapier/make.com if you want a no-code solution. For instance, for the automatic email reply generator, I can have a trigger such that when an email is received, a custom AI reply is generated by MyAskAI, and finally a draft is created in my email client. Or, for an automation where I can create a social media posts on multiple platforms based on a RSS feed (news feed), I can implement this directly in Zapier with their native GPT action (see screenshot) As for more complex LLM flows that may require multiple layers of LLMs, data sources, and APIs working together to generate a single response i.e. a long form 100 page report, I would recommend tools such as Stack AI or Flowise (open-source alternative) to build these solutions out. Essentially, you get most of the functions and features of Python packages such as Langchain and LlamaIndex in a GUI. See screenshot for an example of a flow How the hell are you supposed to find clients? With all that being said, none of this matters if you can't find anyone to sell to. You will have to do cold sales, one way or the other, especially if you are brand new to the game. And what better way to sell your AI services than with AI itself? If we want to integrate AI into the cold outreach process, first we must identify what it's good at doing, and that's obviously writing a bunch of text, in a short amount of time. Similar to the solutions that an AAA can build for its clients, we can take advantage of the same principles in our own sales processes. How to do outreach Once you've identified your niche and their pain points/opportunities for automation, you want to craft a compelling message in which you can send via cold email and cold calls to get prospects booked on demos/consultations. I won't get into too much detail in terms of exactly how to write emails or calling scripts, as there are millions of resources to help with this, but I will tell you a few key points you want to keep in mind when doing outreach for your AAA. First, you want to keep in mind that many businesses are still hesitant about AI and may not understand what it really is or how it can benefit their operations. However, we can take advantage of how mass media has been reporting on AI this past year- at the very least people are AWARE that sooner or later they may have to implement AI into their businesses to stay competitive. We want to frame our message in a way that introduces generative AI as a technology that can have a direct, tangible, and positive impact on their business. Although it may be hard to quantify, I like to include estimates of man-hours saved or costs saved at least in my final proposals to prospects. Times are TOUGH right now, and money is expensive, so you need to have a compelling reason for businesses to get on board. Once you've gotten your messaging down, you will want to create a list of prospects to contact. Tools you can use to find prospects include Apollo.io, reply.io, zoominfo (expensive af), and Linkedin Sales Navigator. What specific job titles, etc. to target will depend on your niche but for smaller companies this will tend to be the owner. For white collar niches, i.e. law, the professional that will be directly benefiting from the tool (i.e. partners) may be better to contact. And for larger organizations you may want to target business improvement and digital transformation leads/directors- these are the people directly in charge of projects like what you may be proposing. Okay- so you have your message, and your list, and now all it comes down to is getting the good word out. I won't be going into the details of how to send these out, a quick Google search will give you hundreds of resources for cold outreach methods. However, personalization is key and beyond simple dynamic variables you want to make sure you can either personalize your email campaigns directly with AI (SmartWriter.ai is an example of a tool that can do this), or at the very least have the ability to import email messages programmatically. Alternatively, ask ChatGPT to make you a Python Script that can take in a list of emails, scrape info based on their linkedin URL or website, and all pass this onto a GPT prompt that specifies your messaging to generate an email. From there, send away. How tf do I close? Once you've got some prospects booked in on your meetings, you will need to close deals with them to turn them into clients. Call #1: Consultation Tying back to when I mentioned you want to take a consultant-first appraoch, you will want to listen closely to their goals and needs and understand their pain points. This would be the first call, and typically I would provide a high level overview of different solutions we could build to tacke these. It really helps to have a presentation available, so you can graphically demonstrate key points and key technologies. I like to use Plus AI for this, it's basically a Google Slides add-on that can generate slide decks for you. I copy and paste my default company messaging, add some key points for the presentation, and it comes out with pretty decent slides. Call #2: Demo The second call would involve a demo of one of these solutions, and typically I'll quickly prototype it with boilerplate code I already have, otherwise I'll cook something up in a no-code tool. If you have a niche where one type of solution is commonly demanded, it helps to have a general demo set up to be able to handle a larger volume of calls, so you aren't burning yourself out. I'll also elaborate on how the final product would look like in comparison to the demo. Call #3 and Beyond: Once the initial consultation and demo is complete, you will want to alleviate any remaining concerns from your prospects and work with them to reach a final work proposal. It's crucial you lay out exactly what you will be building (in writing) and ensure the prospect understands this. Furthermore, be clear and transparent with timelines and communication methods for the project. In terms of pricing, you want to take this from a value-based approach. The same solution may be worth a lot more to client A than client B. Furthermore, you can create "add-ons" such as monthly maintenance/upgrade packages, training sessions for employeees, and so forth, separate from the initial setup fee you would charge. How you can incorporate AI into marketing your businesses Beyond cold sales, I highly recommend creating a funnel to capture warm leads. For instance, I do this currently with my AI tools directory, which links directly to my AI agency and has consistent branding throughout. Warm leads are much more likely to close (and honestly, much nicer to deal with). However, even without an AI-related website, at the very least you will want to create a presence on social media and the web in general. As with any agency, you will want basic a professional presence. A professional virtual address helps, in addition to a Google Business Profile (GBP) and TrustPilot. a GBP (especially for local SEO) and Trustpilot page also helps improve the looks of your search results immensely. For GBP, I recommend using ProfilePro, which is a chrome extension you can use to automate SEO work for your GBP. Aside from SEO optimzied business descriptions based on your business, it can handle Q/A answers, responses, updates, and service descriptions based on local keywords. Privacy and Legal Concerns of the AAA Model Aside from typical concerns for agencies relating to service contracts, there are a few issues (especially when using no-code tools) that will need to be addressed to run a successful AAA. Most of these surround privacy concerns when working with proprietary data. In your terms with your client, you will want to clearly define hosting providers and any third party tools you will be using to build their solution, and a DPA with these third parties listed as subprocessors if necessary. In addition, you will want to implement best practices like redacting private information from data being used for building solutions. In terms of addressing concerns directly from clients, it helps if you host your solutions on their own servers (not possible with AI tools), and address the fact only ChatGPT queries in the web app, not OpenAI API calls, will be used to train OpenAI's models (as reported by mainstream media). The key here is to be open and transparent with your clients about ALL the tools you are using, where there data will be going, and make sure to get this all in writing. have fun, and keep an open mind Before I finish this post, I just want to reiterate the fact that this is NOT an easy way to make money. Running an AI agency will require hours and hours of dedication and work, and constantly rearranging your schedule to meet prospect and client needs. However, if you are looking for a new business to run, and have a knack for understanding business operations and are genuinely interested in the pracitcal applications of generative AI, then I say go for it. The time is ticking before AAA becomes the new dropshipping or SMMA, and I've a firm believer that those who set foot first and establish themselves in this field will come out top. And remember, while 100 thousand people may read this post, only 2 may actually take initiative and start.

Only 2 months of cash in the Bank for my business but was able to save it with the help of AI.

Hi there! I’m excited to share something very personal with you. We needed to book at least 2 appointments per day in the next 60 days, or my business would fail. We were already trying two acquisition channels, LinkedIn and email. The problem with these channels was that the positive response rate was very low in both. So I decided to focus on LinkedIn and get the attention of the lead by sending videos directly to them via LinkedIn messages. (You can send videos to your connections on LinkedIn if you use your cell phone.) This wasn’t new, but I added a small twist to get the lead’s attention. All the covers of the videos had a picture of me holding a sign with the person’s name and an interesting phrase. This showed some okay results, but the rest of the video was not personalized. Only the picture on the cover was. I even developed a Chrome extension for this because I thought this would be the answer and that I would book tons of appointments.  But after more trial and outreach, my leads responded, telling me that because the video itself wasn’t personalized for them, they felt like I didn’t put enough effort in, so they would not book a call with me. So after investing time and effort into my “new bright idea” and getting developers to make the Chrome extension, I was back to square one with no results. A few weeks went by, and after researching online, I found an online course from a guy who promised to teach me how to book 30+ appointments per month, guaranteed (at the time, I was making 2 or 3 appointments per week, maximum). He promised that I would only pay if he actually booked appointments for me and even offered to give me money if his course didn’t work for me. I never paid attention to internet gurus, but the offer was actually not bad, so I looked into this guy’s website. I found out he had hundreds of reviews from people who had taken his course and were talking amazing things about it. The more I read, the more excited I got. I booked a call that day and talked to a salesperson. The call was very short, and he promised I would get at least 2 appointments per day, easily. He seemed a bit cocky and told me that I just needed to trust him and the 100+ reviews from people who had taken the course. He didn’t share details, a proposal, or anything. I asked the price, and he told me it was close to $10k. (Not kidding, this was the price.) Then he told me that I would make the money back in no time with the clients I would get following his course, and that if it didn’t work, he would give me the money back. But I needed to follow everything the course said for at least 6 months. I had never paid $10k for anything in my life; it was extremely expensive for me. Also, my salary from my business was not in dollars but in a currency that was worth much less than the dollar. I continued to research more and more, but no other course was close to the number of reviews and promises that this guy had. I got desperate and told myself that I would bet everything on this course. If it worked for so many others, surely it would work for me. I got a loan from the bank and paid for the course. You might read this and think it was the most stupid thing ever, but the reality is that after 2 months in the course (I did the course as fast as I could), I learned a lot. The course was not bad; it was very extensive—probably more than 200 hours or so—and they taught a lot of things. I don’t think it was worth $10k for me, but I can see how for other people it might be worth that. Now, to the question you’re all thinking: did it get me the 2 appointments I needed per day? The answer is no. Here’s the thing: most of the techniques they taught were innovative and disruptive, but the focus was always on personalization, and they didn’t teach any way to automate the personalization. (I think, at the time they made the course, the tools didn’t exist yet.) So they taught how to do everything manually, and it took a lot—a lot of time and effort. And most annoyingly: an incredible amount of time doing operational things. I did get 2 appointments on some days, but it wasn’t consistent, and I didn’t have the time to spend 14 hours a day doing everything manually or the money to hire someone to do this for me. (I needed to also spend time delivering our service to our current clients; otherwise, they would leave.) I told them this, and they were very reasonable. After some negotiation, they gave me part of the money back. (To be fair, there was a lot of value in the course, so asking for the full $10k back would have been excessive because, in the end, it really taught me a lot of things I didn’t know.) So in the end, I spent $10k and 200+ hours on an online course, spent time and effort developing a Chrome extension, and was still not able to hit the meetings I needed. Money in the business was running out, and I needed to do something fast, or I was doomed. After investing time and effort in tools, research, and spending $10k and over 200 hours on a course that didn’t deliver the consistent results I needed, I was at a crossroads. My businesses were running out of money, and I knew I needed to find a solution quickly, or everything I had worked for would collapse. It was during this time of desperation that I started exploring other options. One night, while scrolling through the internet, I stumbled upon a 2024 article about how AI was being used to revolutionize various industries. It wasn’t directly related to appointment booking, but it sparked an idea in my mind. What if I could use AI to automate the personalization process that I had learned in the course? It seemed like a long shot, but I had nothing to lose. I started researching AI tools and technologies—YouTube videos, podcasts, pretty much everything related to AI—desperate to find something that could help me scale my outreach without investing too much time, while still maintaining the personalization that was so important. After a lot of trial and error, I found a few tools that showed promise. All of these tools were extremely new. Some of them had just launched the versions I needed just weeks ago. I can say I researched and tested more than 50 AI startups, experimenting with them, testing different approaches, checking prices (the problem was that most of them were cheap but became very expensive when applying the volume I needed to get results), and gradually refining my process. It wasn’t an overnight success, but for the first time, I felt like I was onto something that could truly work. The idea of combining AI personalization with volume was something new, and it gave me hope that I could finally book the meetings I needed without burning out. One day, I sent a video of myself talking—completely AI-generated—to my family chat group and waited for their response. None of them noticed it wasn’t actually me. At that moment, I said to myself: “Okay, I am ready to test this in the real world and see if it works.” Like everything in life, focus is key. As I mentioned earlier, we were already trying outbound strategies on LinkedIn and email, but I decided to narrow my focus to LinkedIn and specifically to video outreach. My goal was to stand out from the crowd, where most people were using text or sending generic videos. I knew that if my videos were 100% personalized, it would make a strong impression on my leads. I focused on two key metrics during my tests: Time spent on manual personalized outreach vs. AI-generated personalized outreach. Positive reply rate for non-personalized manual outreach vs. AI-generated personalized outreach. I ran a test using a sample of 50 one-minute videos sent to 50 leads, and here are the results: Time Spent to Make the Videos: Manual Process: It took me up to 10 hours to create and send 50 personalized videos. This included looking good on camera, brushing my hair, choosing appropriate clothing, ensuring proper lighting, not messing up the script, using a camera holder, recharging the phone, pausing to drink water, avoiding external sounds, being in an appropriate room, downloading the videos, deleting the videos that were not good, and sending the final ones. On average, it took me at least 12.5 minutes per one-minute video. AI Process: With AI, it took me just 32 seconds to create the exact same one-minute personalized video—without saying a word or recording a second of footage. In total, I could make and send the same 50 personalized videos in just 27 minutes. Result: The AI process was 24 times faster. Completely crazy! Positive Reply Rate: Non-Personalized Script (Manual): Using a good script without personalization (no name, job title, city, company, etc.) resulted in a positive reply rate of 4-6% on LinkedIn, including follow-ups. Personalized Script (AI): Using the same script but adding personalized details like the lead's name, company, city, and job title resulted in a positive reply rate of 15-20%, including follow-ups. Result: AI personalization led to 3x (three times) more replies. The best part was the responses. Almost everyone who replied thanked me for taking the time to research them, congratulated me on my speech, and appreciated the personalization and eloquence of my message.  These metrics were a complete breakthrough for me. I researched online to see if anyone else had done something similar, but I couldn’t find anything close. After achieving these metrics, booking the two appointments I desperately needed became easy. In fact, in the last 10 weeks, I’ve been able to consistently book 3-4 appointments per day. This success allowed me to train someone in my company to handle the process, freeing me up to focus on other aspects of the business and ultimately saving it. With the AI appointment machine we built, I even have free time now—time that I’ve been using to develop a methodology and tech tools that I now teach to others. I named the methodology Clip2Lead as a reference to the first Chrome extension I developed that didn’t work but ended up being the first step toward everything that followed. I’ve condensed everything I learned and throughout my experiences into a simple and short FREE training where I cover the entire AI appointment booking process. This includes how to find leads, create scripts, set up follow-up sequences, generate AI videos, clone your voice, compare non-AI metrics with AI metrics, and even navigate AI safety controls. I also offer Chrome extensions that helped me automate the process even further, so you can spend your time closing deals or focusing on other acquisition channels, while your AI machine for booking appointments runs with minimal effort from you. If you’re interested please get in touch with me and thank you for taking the time to read my personal story.

I run an AI automation agency (AAA). My honest overview and review of this new business model

I started an AI tools directory in February, and then branched off that to start an AI automation agency (AAA) in June. So far I've come across a lot of unsustainable "ideas" to make money with AI, but at the same time a few diamonds in the rough that aren't fully tapped into yet- especially the AAA model. Thought I'd share this post to shine light into this new business model and share some ways you could potentially start your own agency, or at the very least know who you are dealing with and how to pick and choose when you (inevitably) get bombarded with cold emails from them down the line. Foreword Running an AAA does NOT involve using AI tools directly to generate and sell content directly. That ship has sailed, and unless you are happy with $5 from Fiverr every month or so, it is not a real business model. Cry me a river but generating generic art with AI and slapping it onto a T-shirt to sell on Etsy won't make you a dime. At the same time, the AAA model will NOT require you to have a deep theoretical knowledge of AI, or any academic degree, as we are more so dealing with the practical applications of generative AI and how we can implement these into different workflows and tech-stacks, rather than building AI models from the ground up. Regardless of all that, common sense and a willingness to learn will help (a shit ton), as with anything. Keep in mind - this WILL involve work and motivation as well. The mindset that AI somehow means everything can be done for you on autopilot is not the right way to approach things. The common theme of businesses I've seen who have successfully implemented AI into their operations is the willingess to work with AI in a way that augments their existing operations, rather than flat out replace a worker or team. And this is exactly the train of thought you need when working with AI as a business model. However, as the field is relatively unsaturated and hype surrounding AI is still fresh for enterprises, right now is the prime time to start something new if generative AI interests you at all. With that being said, I'll be going over three of the most successful AI-adjacent businesses I've seen over this past year, in addition to some tips and resources to point you in the right direction. so.. WTF is an AI Automation Agency? The AI automation agency (or as some YouTubers have coined it, the AAA model) at its core involves creating custom AI solutions for businesses. I have over 1500 AI tools listed in my directory, however the feedback I've received from some enterprise users is that ready-made SaaS tools are too generic to meet their specific needs. Combine this with the fact virtually no smaller companies have the time or skills required to develop custom solutions right off the bat, and you have yourself real demand. I would say in practice, the AAA model is quite similar to Wordpress and even web dev agencies, with the major difference being all solutions you develop will incorporate key aspects of AI AND automation. Which brings me to my second point- JUST AI IS NOT ENOUGH. Rather than reducing the amount of time required to complete certain tasks, I've seen many AI agencies make the mistake of recommending and (trying to) sell solutions that more likely than not increase the workload of their clients. For example, if you were to make an internal tool that has AI answer questions based on their knowledge base, but this knowledge base has to be updated manually, this is creating unnecessary work. As such I think one of the key components of building successful AI solutions is incorporating the new (Generative AI/LLMs) with the old (programmtic automation- think Zapier, APIs, etc.). Finally, for this business model to be successful, ideally you should target a niche in which you have already worked and understand pain points and needs. Not only does this make it much easier to get calls booked with prospects, the solutions you build will have much greater value to your clients (meaning you get paid more). A mistake I've seen many AAA operators make (and I blame this on the "Get Rich Quick" YouTubers) is focusing too much on a specific productized service, rather than really understanding the needs of businesses. The former is much done via a SaaS model, but when going the agency route the only thing that makes sense is building custom solutions. This is why I always take a consultant-first approach. You can only build once you understand what they actually need and how certain solutions may impact their operations, workflows, and bottom-line. Basics of How to Get Started Pick a niche. As I mentioned previously, preferably one that you've worked in before. Niches I know of that are actively being bombarded with cold emails include real estate, e-commerce, auto-dealerships, lawyers, and medical offices. There is a reason for this, but I will tell you straight up this business model works well if you target any white-collar service business (internal tools approach) or high volume businesses (customer facing tools approach). Setup your toolbox. If you wanted to start a pressure washing business, you would need a pressure-washer. This is no different. For those without programming knowledge, I've seen two common ways AAA get setup to build- one is having a network of on-call web developers, whether its personal contacts or simply going to Upwork or any talent sourcing agency. The second is having an arsenal of no-code tools. I'll get to this more in a second, but this works beecause at its core, when we are dealing with the practical applications of AI, the code is quite simple, simply put. Start cold sales. Unless you have a network already, this is not a step you can skip. You've already picked a niche, so all you have to do is find the right message. Keep cold emails short, sweet, but enticing- and it will help a lot if you did step 1 correctly and intimately understand who your audience is. I'll be touching base later about how you can leverage AI yourself to help you with outreach and closing. The beauty of gen AI and the AAA model You don't need to be a seasoned web developer to make this business model work. The large majority of solutions that SME clients want is best done using an API for an LLM for the actual AI aspect. The value we create with the solutions we build comes with the conceptual framework and design that not only does what they need it to but integrates smoothly with their existing tech-stack and workflow. The actual implementation is quite straightforward once you understand the high level design and know which tools you are going to use. To give you a sense, even if you plan to build out these apps yourself (say in Python) the large majority of the nitty gritty technical work has already been done for you, especially if you leverage Python libraries and packages that offer high level abstraction for LLM-related functions. For instance, calling GPT can be as little as a single line of code. (And there are no-code tools where these functions are simply an icon on a GUI). Aside from understanding the capabilities and limitations of these tools and frameworks, the only thing that matters is being able to put them in a way that makes sense for what you want to build. Which is why outsourcing and no-code tools both work in our case. Okay... but how TF am I suppposed to actually build out these solutions? Now the fun part. I highly recommend getting familiar with Langchain and LlamaIndex. Both are Python libraires that help a lot with the high-level LLM abstraction I mentioned previously. The two most important aspects include being able to integrate internal data sources/knowledge bases with LLMs, and have LLMs perform autonomous actions. The two most common methods respectively are RAG and output parsing. RAG (retrieval augmented Generation) If you've ever seen a tool that seemingly "trains" GPT on your own data, and wonder how it all works- well I have an answer from you. At a high level, the user query is first being fed to what's called a vector database to run vector search. Vector search basically lets you do semantic search where you are searching data based on meaning. The vector databases then retrieves the most relevant sections of text as it relates to the user query, and this text gets APPENDED to your GPT prompt to provide extra context to the AI. Further, with prompt engineering, you can limit GPT to only generate an answer if it can be found within this extra context, greatly limiting the chance of hallucination (this is where AI makes random shit up). Aside from vector databases, we can also implement RAG with other data sources and retrieval methods, for example SQL databses (via parsing the outputs of LLM's- more on this later). Autonomous Agents via Output Parsing A common need of clients has been having AI actually perform tasks, rather than simply spitting out text. For example, with autonomous agents, we can have an e-commerce chatbot do the work of a basic customer service rep (i.e. look into orders, refunds, shipping). At a high level, what's going on is that the response of the LLM is being used programmtically to determine which API to call. Keeping on with the e-commerce example, if I wanted a chatbot to check shipping status, I could have a LLM response within my app (not shown to the user) with a prompt that outputs a random hash or string, and programmatically I can determine which API call to make based on this hash/string. And using the same fundamental concept as with RAG, I can append the the API response to a final prompt that would spit out the answer for the user. How No Code Tools Can Fit In (With some example solutions you can build) With that being said, you don't necessarily need to do all of the above by coding yourself, with Python libraries or otherwise. However, I will say that having that high level overview will help IMMENSELY when it comes to using no-code tools to do the actual work for you. Regardless, here are a few common solutions you might build for clients as well as some no-code tools you can use to build them out. Ex. Solution 1: AI Chatbots for SMEs (Small and Medium Enterprises) This involves creating chatbots that handle user queries, lead gen, and so forth with AI, and will use the principles of RAG at heart. After getting the required data from your client (i.e. product catalogues, previous support tickets, FAQ, internal documentation), you upload this into your knowledge base and write a prompt that makes sense for your use case. One no-code tool that does this well is MyAskAI. The beauty of it especially for building external chatbots is the ability to quickly ingest entire websites into your knowledge base via a sitemap, and bulk uploading files. Essentially, they've covered the entire grunt work required to do this manually. Finally, you can create a inline or chat widget on your client's website with a few lines of HTML, or altneratively integrate it with a Slack/Teams chatbot (if you are going for an internal Q&A chatbot approach). Other tools you could use include Botpress and Voiceflow, however these are less for RAG and more for building out complete chatbot flows that may or may not incorporate LLMs. Both apps are essentially GUIs that eliminate the pain and tears and trying to implement complex flows manually, and both natively incoporate AI intents and a knowledge base feature. Ex. Solution 2: Internal Apps Similar to the first example, except we go beyond making just chatbots but tools such as report generation and really any sort of internal tool or automations that may incorporate LLM's. For instance, you can have a tool that automatically generates replies to inbound emails based on your client's knowledge base. Or an automation that does the same thing but for replies to Instagram comments. Another example could be a tool that generates a description and screeenshot based on a URL (useful for directory sites, made one for my own :P). Getting into more advanced implementations of LLMs, we can have tools that can generate entire drafts of reports (think 80+ pages), based not only on data from a knowledge base but also the writing style, format, and author voice of previous reports. One good tool to create content generation panels for your clients would be MindStudio. You can train LLM's via prompt engineering in a structured way with your own data to essentially fine tune them for whatever text you need it to generate. Furthermore, it has a GUI where you can dictate the entire AI flow. You can also upload data sources via multiple formats, including PDF, CSV, and Docx. For automations that require interactions between multiple apps, I recommend the OG zapier/make.com if you want a no-code solution. For instance, for the automatic email reply generator, I can have a trigger such that when an email is received, a custom AI reply is generated by MyAskAI, and finally a draft is created in my email client. Or, for an automation where I can create a social media posts on multiple platforms based on a RSS feed (news feed), I can implement this directly in Zapier with their native GPT action (see screenshot) As for more complex LLM flows that may require multiple layers of LLMs, data sources, and APIs working together to generate a single response i.e. a long form 100 page report, I would recommend tools such as Stack AI or Flowise (open-source alternative) to build these solutions out. Essentially, you get most of the functions and features of Python packages such as Langchain and LlamaIndex in a GUI. See screenshot for an example of a flow How the hell are you supposed to find clients? With all that being said, none of this matters if you can't find anyone to sell to. You will have to do cold sales, one way or the other, especially if you are brand new to the game. And what better way to sell your AI services than with AI itself? If we want to integrate AI into the cold outreach process, first we must identify what it's good at doing, and that's obviously writing a bunch of text, in a short amount of time. Similar to the solutions that an AAA can build for its clients, we can take advantage of the same principles in our own sales processes. How to do outreach Once you've identified your niche and their pain points/opportunities for automation, you want to craft a compelling message in which you can send via cold email and cold calls to get prospects booked on demos/consultations. I won't get into too much detail in terms of exactly how to write emails or calling scripts, as there are millions of resources to help with this, but I will tell you a few key points you want to keep in mind when doing outreach for your AAA. First, you want to keep in mind that many businesses are still hesitant about AI and may not understand what it really is or how it can benefit their operations. However, we can take advantage of how mass media has been reporting on AI this past year- at the very least people are AWARE that sooner or later they may have to implement AI into their businesses to stay competitive. We want to frame our message in a way that introduces generative AI as a technology that can have a direct, tangible, and positive impact on their business. Although it may be hard to quantify, I like to include estimates of man-hours saved or costs saved at least in my final proposals to prospects. Times are TOUGH right now, and money is expensive, so you need to have a compelling reason for businesses to get on board. Once you've gotten your messaging down, you will want to create a list of prospects to contact. Tools you can use to find prospects include Apollo.io, reply.io, zoominfo (expensive af), and Linkedin Sales Navigator. What specific job titles, etc. to target will depend on your niche but for smaller companies this will tend to be the owner. For white collar niches, i.e. law, the professional that will be directly benefiting from the tool (i.e. partners) may be better to contact. And for larger organizations you may want to target business improvement and digital transformation leads/directors- these are the people directly in charge of projects like what you may be proposing. Okay- so you have your message, and your list, and now all it comes down to is getting the good word out. I won't be going into the details of how to send these out, a quick Google search will give you hundreds of resources for cold outreach methods. However, personalization is key and beyond simple dynamic variables you want to make sure you can either personalize your email campaigns directly with AI (SmartWriter.ai is an example of a tool that can do this), or at the very least have the ability to import email messages programmatically. Alternatively, ask ChatGPT to make you a Python Script that can take in a list of emails, scrape info based on their linkedin URL or website, and all pass this onto a GPT prompt that specifies your messaging to generate an email. From there, send away. How tf do I close? Once you've got some prospects booked in on your meetings, you will need to close deals with them to turn them into clients. Call #1: Consultation Tying back to when I mentioned you want to take a consultant-first appraoch, you will want to listen closely to their goals and needs and understand their pain points. This would be the first call, and typically I would provide a high level overview of different solutions we could build to tacke these. It really helps to have a presentation available, so you can graphically demonstrate key points and key technologies. I like to use Plus AI for this, it's basically a Google Slides add-on that can generate slide decks for you. I copy and paste my default company messaging, add some key points for the presentation, and it comes out with pretty decent slides. Call #2: Demo The second call would involve a demo of one of these solutions, and typically I'll quickly prototype it with boilerplate code I already have, otherwise I'll cook something up in a no-code tool. If you have a niche where one type of solution is commonly demanded, it helps to have a general demo set up to be able to handle a larger volume of calls, so you aren't burning yourself out. I'll also elaborate on how the final product would look like in comparison to the demo. Call #3 and Beyond: Once the initial consultation and demo is complete, you will want to alleviate any remaining concerns from your prospects and work with them to reach a final work proposal. It's crucial you lay out exactly what you will be building (in writing) and ensure the prospect understands this. Furthermore, be clear and transparent with timelines and communication methods for the project. In terms of pricing, you want to take this from a value-based approach. The same solution may be worth a lot more to client A than client B. Furthermore, you can create "add-ons" such as monthly maintenance/upgrade packages, training sessions for employeees, and so forth, separate from the initial setup fee you would charge. How you can incorporate AI into marketing your businesses Beyond cold sales, I highly recommend creating a funnel to capture warm leads. For instance, I do this currently with my AI tools directory, which links directly to my AI agency and has consistent branding throughout. Warm leads are much more likely to close (and honestly, much nicer to deal with). However, even without an AI-related website, at the very least you will want to create a presence on social media and the web in general. As with any agency, you will want basic a professional presence. A professional virtual address helps, in addition to a Google Business Profile (GBP) and TrustPilot. a GBP (especially for local SEO) and Trustpilot page also helps improve the looks of your search results immensely. For GBP, I recommend using ProfilePro, which is a chrome extension you can use to automate SEO work for your GBP. Aside from SEO optimzied business descriptions based on your business, it can handle Q/A answers, responses, updates, and service descriptions based on local keywords. Privacy and Legal Concerns of the AAA Model Aside from typical concerns for agencies relating to service contracts, there are a few issues (especially when using no-code tools) that will need to be addressed to run a successful AAA. Most of these surround privacy concerns when working with proprietary data. In your terms with your client, you will want to clearly define hosting providers and any third party tools you will be using to build their solution, and a DPA with these third parties listed as subprocessors if necessary. In addition, you will want to implement best practices like redacting private information from data being used for building solutions. In terms of addressing concerns directly from clients, it helps if you host your solutions on their own servers (not possible with AI tools), and address the fact only ChatGPT queries in the web app, not OpenAI API calls, will be used to train OpenAI's models (as reported by mainstream media). The key here is to be open and transparent with your clients about ALL the tools you are using, where there data will be going, and make sure to get this all in writing. have fun, and keep an open mind Before I finish this post, I just want to reiterate the fact that this is NOT an easy way to make money. Running an AI agency will require hours and hours of dedication and work, and constantly rearranging your schedule to meet prospect and client needs. However, if you are looking for a new business to run, and have a knack for understanding business operations and are genuinely interested in the pracitcal applications of generative AI, then I say go for it. The time is ticking before AAA becomes the new dropshipping or SMMA, and I've a firm believer that those who set foot first and establish themselves in this field will come out top. And remember, while 100 thousand people may read this post, only 2 may actually take initiative and start.

Watched 8 hours of MrBeast's content. Here are 7 psychological strategies he's used to get 34 billion views

MrBeast can fill giant stadiums and launch 8-figure candy companies on demand. He’s unbelievably popular. Recently, I listened to the brilliant marketer Phill Agnew (from The Nudge podcast) being interviewed on the Creator Science podcast. The episode focused on how MrBeast’s near-academic understanding of audience psychology is the key to his success. Better than anyone, MrBeast knows how to get you: \- Click on his content (increase his click-through rate) \- Get you to stick around (increase his retention rate) He gets you to click by using irresistible thumbnails and headlines. I watched 8 hours of his content. To build upon Phil Agnew’s work, I made a list of 7 psychological effects and biases he’s consistently used to write headlines that get clicked into oblivion. Even the most aggressively “anti-clickbait” purists out there would benefit from learning the psychology of why people choose to click on some content over others. Ultimately, if you don’t get the click, it really doesn’t matter how good your content is. Novelty Effect MrBeast Headline: “I Put 100 Million Orbeez In My Friend's Backyard” MrBeast often presents something so out of the ordinary that they have no choice but to click and find out more. That’s the “novelty effect” at play. Our brain’s reward system is engaged when we encounter something new. You’ll notice that the headline examples you see in this list are extreme. MrBeast takes things to the extreme. You don’t have to. Here’s your takeaway: Consider breaking the reader/viewer’s scrolling pattern by adding some novelty to your headlines. How? Here are two ways: Find the unique angle in your content Find an unusual character in your content Examples: “How Moonlight Walks Skyrocketed My Productivity”. “Meet the Artist Who Paints With Wine and Chocolate.” Headlines like these catch the eye without requiring 100 million Orbeez. Costly Signaling MrBeast Headline: "Last To Leave $800,000 Island Keeps It" Here’s the 3-step click-through process at play here: MrBeast lets you know he’s invested a very significant amount of time and money into his content. This signals to whoever reads the headline that it's probably valuable and worth their time. They click to find out more. Costly signaling is all amount showcasing what you’ve invested into the content. The higher the stakes, the more valuable the content will seem. In this example, the $800,000 island he’s giving away just screams “This is worth your time!” Again, they don’t need to be this extreme. Here are two examples with a little more subtlety: “I built a full-scale botanical garden in my backyard”. “I used only vintage cookware from the 1800s for a week”. Not too extreme, but not too subtle either. Numerical Precision MrBeast knows that using precise numbers in headlines just work. Almost all of his most popular videos use headlines that contain a specific number. “Going Through The Same Drive Thru 1,000 Times" “$456,000 Squid Game In Real Life!” Yes, these headlines also use costly signaling. But there’s more to it than that. Precise numbers are tangible. They catch our eye, pique our curiosity, and add a sense of authenticity. “The concreteness effect”: Specific, concrete information is more likely to be remembered than abstract, intangible information. “I went through the same drive thru 1000 times” is more impactful than “I went through the same drive thru countless times”. Contrast MrBeast Headline: "$1 vs $1,000,000 Hotel Room!" Our brains are drawn to stark contrasts and MrBeast knows it. His headlines often pit two extremes against each other. It instantly creates a mental image of both scenarios. You’re not just curious about what a $1,000,000 hotel room looks like. You’re also wondering how it could possibly compare to a $1 room. Was the difference wildly significant? Was it actually not as significant as you’d think? It increases the audience’s \curiosity gap\ enough to get them to click and find out more. Here are a few ways you could use contrast in your headlines effectively: Transformational Content: "From $200 to a $100M Empire - How A Small Town Accountant Took On Silicon Valley" Here you’re contrasting different states or conditions of a single subject. Transformation stories and before-and-after scenarios. You’ve got the added benefit of people being drawn to aspirational/inspirational stories. Direct Comparison “Local Diner Vs Gourmet Bistro - Where Does The Best Comfort Food Lie?” Nostalgia MrBeast Headline: "I Built Willy Wonka's Chocolate Factory!" Nostalgia is a longing for the past. It’s often triggered by sensory stimuli - smells, songs, images, etc. It can feel comforting and positive, but sometimes bittersweet. Nostalgia can provide emotional comfort, identity reinforcement, and even social connection. People are drawn to it and MrBeast has it down to a tee. He created a fantasy world most people on this planet came across at some point in their childhood. While the headline does play on costly signaling here as well, nostalgia does help to clinch the click and get the view. Subtle examples of nostalgia at play: “How this \[old school cartoon\] is shaping new age animation”. “\[Your favorite childhood books\] are getting major movie deals”. Morbid Curiosity MrBeast Headline: "Surviving 24 Hours Straight In The Bermuda Triangle" People are drawn to the macabre and the dangerous. Morbid curiosity explains why you’re drawn to situations that are disturbing, frightening, or gruesome. It’s that tension between wanting to avoid harm and the irresistible desire to know about it. It’s a peculiar aspect of human psychology and viral content marketers take full advantage of it. The Bermuda Triangle is practically synonymous with danger. The headline suggests a pretty extreme encounter with it, so we click to find out more. FOMO And Urgency MrBeast Headline: "Last To Leave $800,000 Island Keeps It" “FOMO”: the worry that others may be having fulfilling experiences that you’re absent from. Marketers leverage FOMO to drive immediate action - clicking, subscribing, purchasing, etc. The action is driven by the notion that delay could result in missing out on an exciting opportunity or event. You could argue that MrBeast uses FOMO and urgency in all of his headlines. They work under the notion that a delay in clicking could result in missing out on an exciting opportunity or event. MrBeast’s time-sensitive challenge, exclusive opportunities, and high-stakes competitions all generate a sense of urgency. People feel compelled to watch immediately for fear of missing out on the outcome or being left behind in conversations about the content. Creators, writers, and marketers can tap into FOMO with their headlines without being so extreme. “The Hidden Parisian Cafe To Visit Before The Crowds Do” “How \[Tech Innovation\] Will Soon Change \[Industry\] For Good” (Yep, FOMO and urgency are primarily responsible for the proliferation of AI-related headlines these days). Why This All Matters If you don’t have content you need people to consume, it probably doesn’t! But if any aspect of your online business would benefit from people clicking on things more, it probably does. “Yes, because we all need more clickbait in this world - \eye-roll emoji\” - Disgruntled Redditor I never really understood this comment but I seem to get it pretty often. My stance is this: If the content delivers what the headline promises, it shouldn’t be labeled clickbait. I wouldn’t call MrBeast’s content clickbait. The fact is that linguistic techniques can be used to drive people to consume some content over others. You don’t need to take things to the extremes that MrBeast does to make use of his headline techniques. If content doesn’t get clicked, it won’t be read, viewed, or listened to - no matter how brilliant the content might be. While “clickbait” content isn’t a good thing, we can all learn a thing or two from how they generate attention in an increasingly noisy digital world.

The best (actually free to use) AI tools for day-to-day work + productivity

I've spent an ungodly amount of time ~~procrastinating~~ trying tons of new/free AI tools from Reddit and various lists of the best AI tools for different use cases. Frankly, most free AI tools (and even paid ones) are gimmicky ChatGPT wrappers with questionable utility in everyday tasks or overpriced enterprise software that don't use AI as anything more than a marketing buzzword. My last list of free AI tools got a good response here, and I wanted to make another with the best AI tools that I actually use day-to-day now that I've spent more time with them. All these tools can be used for free, though most of them have some kind of premium offering if you need more advanced stuff or a ton of queries. To make it easy to sort through, I've also added whether each tool requires signup. ChatPDF: Free Tool to Use ChatGPT on Your Own Documents/PDFs (free no signup) Put simply, ChatPDF lets you upload any PDF and interact with it like ChatGPT. I heard about this one from my nephew who used it to automatically generate flashcards and explain concepts based on class notes and readings. There are a few similar services out there, but I found ChatPDF the easiest to use of those that don't require payment/signup. If you're a student or someone who needs to read through long PDFs regularly, the possibilities to use this are endless. It's also completely free and doesn't require signup. Key Features: Free to upload up to 3 PDFs daily, with up to 120 pages in each PDF Can be used without signing up at all Taskade: AI Task Management, Scheduling, and Notetaking Tool with GPT-4 Built-In (free with signup) Taskade is an all-in-one notetaking, task management, and scheduling platform with built-in AI workflows and templates. Like Notion, Taskade lets you easily create workspaces, documents, and templates for your workflows. Unlike Notion’s GPT-3 based AI, Taskade has built-in GPT-4 based AI that’s trained to structure your documents, create content, and otherwise help you improve your productivity. Key Features: GPT-4 is built in to their free plan and trained to help with document formatting, scheduling, content creation and answering questions through a chat interface. Its AI seems specifically trained to work seamlessly with your documents and workspaces, and understands queries specific to their interface like asking it to turn (text) notes into a mind map. One of the highest usage limits of the free tools: Taskade’s free plan comes with 1000 monthly requests, which is one of the highest I’ve seen for a tool with built-in GPT-4. Because it’s built into a document editor with database, scheduling and chat capabilities, you can use it for pretty much anything you’d use ChatGPT for but without* paying for ChatGPT Premium. Free templates to get you started with actually integrating AI into your workflows: there are a huge number of genuinely useful free templates for workflows, task management, mind mapping, etc. For example, you can add a project and have Taskade automatically map out and schedule a breakdown of the tasks that make up that overall deliverable. Plus AI for Google Slides: AI-generated (and improved) slide decks (free with signup, addon for Google Slides) I've tried out a bunch of AI presentation/slide generating tools. To be honest, most of them leave a lot to be desired and aren't genuinely useful unless you're literally paid to generate a presentation vaguely related to some topic. Plus AI is a (free!) Google Slides addon that lets you describe the kind of slide deck you're making, then generate and fine-tune it based on your exact needs. It's still not at the point where you can literally just tell it one prompt and get the entire finished product, but it saves a bunch of time getting an initial structure together that you can then perfect. Similarly, if you have existing slides made you can tell it (in natural language) how you want it changed. For example, asking it to change up the layout of text on a page, improve the writing style, or even use external data sources. Key Features: Integrates seamlessly into Google Slides: if you’re already using Slides, using Plus AI is as simple as installing the plugin. Their tutorials are easy to follow and it doesn’t require learning some new slideshow software or interface like some other options. Create and* tweak slides using natural language: Plus AI lets you create whole slideshows, adjust text, or change layouts using natural language. It’s all fairly intuitive and the best of the AI slide tools I’ve tried. FlowGPT: Database of AI prompts and workflows (free without signup-though it pushes you to signup!) FlowGPT collects prompts and collections of prompts to do various tasks, from marketing, productivity, and coding to random stuff people find interesting. It uses an upvote system similar to Reddit that makes it easy to find interesting ways to use ChatGPT. It also lets you search for prompts if you have something in mind and want to see what others have done. It's free and has a lot of cool features like showing you previews of how ChatGPT responds to the prompts. Unfortunately, it's also a bit pushy with getting you to signup, and the design leaves something to be desired, but it's the best of these tools I've found. Key Features: Lots of users that share genuinely useful and interesting prompts Upvote system similar to Reddit’s that allows you to find interesting prompts within the categories you’re interested in Summarize.Tech: AI summaries of YouTube Videos (free no signup) Summarize generates AI summaries of YouTube videos, condensing them into relatively short written notes with timestamps. All the summaries I've seen have been accurate and save significant time. I find it especially useful when looking at longer tutorials where I want to find if: &#x200B; The tutorial actually tells me what I'm looking for, and See where in the video I can find that specific part. The one downside I've seen is that it doesn't work for videos that don't have subtitles, but hopefully, someone can build something with Whisper or a similar audio transcription API to solve that. Claude: ChatGPT Alternative with ~75k Word Limit (free with signup) If you've used ChatGPT, you've probably run into the issue of its (relatively low) token limit. Put simply, it can't handle text longer than a few thousand words. It's the same reason why ChatGPT "forgets" instructions you gave it earlier on in a conversation. Claude solves that, with a \~75,000 word limit that lets you input literal novels and do pretty much everything you can do with ChatGPT. Unfortunately, Claude is currently only free in the US or UK. Claude pitches itself as the "safer" AI, which can make it a pain to use for many use cases, but it's worth trying out and better than ChatGPT for certain tasks. Currently, I'm mainly using it to summarize long documents that ChatGPT literally cannot process as a single prompt. Key Features: Much longer word limit than even ChatGPT’s highest token models Stronger guardrails than ChatGPT: if you're into this, Claude focuses a lot more on "trust and safety" than even ChatGPT does. While an AI telling me what information I can and can't have is more of an annoyance for my use cases, it can be useful if you're building apps like customer support or other use cases where it's a top priority to keep the AI from writing something "surprising." Phind: AI Search Engine That Combines Google with ChatGPT (free no signup) Like a combination of Google and ChatGPT. Like ChatGPT, it can understand complex prompts and give you detailed answers condensing multiple sources. Like Google, it shows you the most up-to-date sources answering your question and has access to everything on the internet in real time (vs. ChatGPT's September 2021 cutoff). Unlike Google, it avoids spammy links that seem to dominate Google nowadays and actually answers your question. Key Features: Accesses the internet to get you real-time information vs. ChatGPT’s 2021 cutoff. While ChatGPT is great for content generation and other tasks that you don’t really need live information for, it can’t get you any information from past its cutoff point. Provides actual sources for its claims, helping you dive deeper into any specific points and avoid hallucinations. Phind was the first to combine the best of both worlds between Google and ChatGPT, giving you easy access to actual sources the way Google does while summarizing relevant results the way ChatGPT does. It’s still one of the best places for that, especially if you have technical questions. Bing AI: ChatGPT Alternative Based on GPT-4 (with internet access!) (free no signup) For all the hate Bing gets, they've done the best job of all the major search engines of integrating AI chat to answer questions. Bing's Chat AI is very similar to ChatGPT (it's based on GPT-4). Unlike ChatGPT's base model without plugins, it has access to the internet. It also doesn't require signing in, which is nice. At the risk of sounding like a broken record, Google has really dropped the ball lately in delivering non-spammy search results that actually answer the query, and it's nice to see other search engines like Bing and Phind providing alternatives. Key Features: Similar to Phind, though arguably a bit better for non-technical questions: Bing similarly provides sourced summaries, generates content and otherwise integrates AI and search nicely. Built on top of GPT-4: like Taskade, Bing has confirmed they use GPT-4. That makes it another nice option to get around paying for GPT-4 while still getting much of the same capabilities as ChatGPT. Seamless integration with a standard search engine that’s much better than I remember it being (when it was more of a joke than anything) Honorable Mentions: These are the “rest of the best” free AI tools I've found that are simpler/don't need a whole entry to explain: PdfGPT: Alternative to ChatPDF that also uses AI to summarize and let you interact with PDF documents. Nice to have options if you run into one site’s PDF or page limit and don’t want to pay to do so. Remove.bg: One of the few image AI tools I use regularly. Remove.bg uses simple AI to remove backgrounds from your images. It's very simple, but something I end up doing surprisingly often editing product images, etc. CopyAI and Jasper: both are AI writing tools primarily built for website marketing/blog content. I've tried both but don't use them enough regularly to be able to recommend one over the other. Worth trying if you do a lot of content writing and want to automate parts of it. Let me know if you guys recommend any other free AI tools that you use day-to-day and I can add them to the list. I’m also interested in any requests you guys have for AI tools that don’t exist yet, as I’m looking for new projects to work on at the moment! TL;DR: ChatPDF: Interact with any PDF using ChatGPT without signing up, great for students and anyone who needs to filter through long PDFs. Taskade: All-in-one task management, scheduling, and notetaking with built-in GPT-4 Chat + AI assistant for improving productivity. Plus AI for Google Slides: Addon for Google Slides that generates and fine-tunes slide decks based on your description(s) in natural language. FlowGPT: Database of AI prompts and workflows. Nice resource to find interesting ChatGPT prompts. Summarize.Tech: AI summaries of YouTube videos with timestamps that makes it easier to find relevant information in longer videos. Claude: ChatGPT alternative with a \~75k word limit, ideal for handling long documents and tasks that go above ChatGPT's token limit. Phind: AI search engine similar to a combination of Google and ChatGPT. Built in internet access and links/citations for its claims. Bing AI: Bing's ChatGPT alternative based on GPT-4. Has real-time internet access + integrates nicely with their normal search engine.

I run an AI automation agency (AAA). My honest overview and review of this new business model

I started an AI tools directory in February, and then branched off that to start an AI automation agency (AAA) in June. So far I've come across a lot of unsustainable "ideas" to make money with AI, but at the same time a few diamonds in the rough that aren't fully tapped into yet- especially the AAA model. Thought I'd share this post to shine light into this new business model and share some ways you could potentially start your own agency, or at the very least know who you are dealing with and how to pick and choose when you (inevitably) get bombarded with cold emails from them down the line. Foreword Running an AAA does NOT involve using AI tools directly to generate and sell content directly. That ship has sailed, and unless you are happy with $5 from Fiverr every month or so, it is not a real business model. Cry me a river but generating generic art with AI and slapping it onto a T-shirt to sell on Etsy won't make you a dime. At the same time, the AAA model will NOT require you to have a deep theoretical knowledge of AI, or any academic degree, as we are more so dealing with the practical applications of generative AI and how we can implement these into different workflows and tech-stacks, rather than building AI models from the ground up. Regardless of all that, common sense and a willingness to learn will help (a shit ton), as with anything. Keep in mind - this WILL involve work and motivation as well. The mindset that AI somehow means everything can be done for you on autopilot is not the right way to approach things. The common theme of businesses I've seen who have successfully implemented AI into their operations is the willingess to work with AI in a way that augments their existing operations, rather than flat out replace a worker or team. And this is exactly the train of thought you need when working with AI as a business model. However, as the field is relatively unsaturated and hype surrounding AI is still fresh for enterprises, right now is the prime time to start something new if generative AI interests you at all. With that being said, I'll be going over three of the most successful AI-adjacent businesses I've seen over this past year, in addition to some tips and resources to point you in the right direction. so.. WTF is an AI Automation Agency? The AI automation agency (or as some YouTubers have coined it, the AAA model) at its core involves creating custom AI solutions for businesses. I have over 1500 AI tools listed in my directory, however the feedback I've received from some enterprise users is that ready-made SaaS tools are too generic to meet their specific needs. Combine this with the fact virtually no smaller companies have the time or skills required to develop custom solutions right off the bat, and you have yourself real demand. I would say in practice, the AAA model is quite similar to Wordpress and even web dev agencies, with the major difference being all solutions you develop will incorporate key aspects of AI AND automation. Which brings me to my second point- JUST AI IS NOT ENOUGH. Rather than reducing the amount of time required to complete certain tasks, I've seen many AI agencies make the mistake of recommending and (trying to) sell solutions that more likely than not increase the workload of their clients. For example, if you were to make an internal tool that has AI answer questions based on their knowledge base, but this knowledge base has to be updated manually, this is creating unnecessary work. As such I think one of the key components of building successful AI solutions is incorporating the new (Generative AI/LLMs) with the old (programmtic automation- think Zapier, APIs, etc.). Finally, for this business model to be successful, ideally you should target a niche in which you have already worked and understand pain points and needs. Not only does this make it much easier to get calls booked with prospects, the solutions you build will have much greater value to your clients (meaning you get paid more). A mistake I've seen many AAA operators make (and I blame this on the "Get Rich Quick" YouTubers) is focusing too much on a specific productized service, rather than really understanding the needs of businesses. The former is much done via a SaaS model, but when going the agency route the only thing that makes sense is building custom solutions. This is why I always take a consultant-first approach. You can only build once you understand what they actually need and how certain solutions may impact their operations, workflows, and bottom-line. Basics of How to Get Started Pick a niche. As I mentioned previously, preferably one that you've worked in before. Niches I know of that are actively being bombarded with cold emails include real estate, e-commerce, auto-dealerships, lawyers, and medical offices. There is a reason for this, but I will tell you straight up this business model works well if you target any white-collar service business (internal tools approach) or high volume businesses (customer facing tools approach). Setup your toolbox. If you wanted to start a pressure washing business, you would need a pressure-washer. This is no different. For those without programming knowledge, I've seen two common ways AAA get setup to build- one is having a network of on-call web developers, whether its personal contacts or simply going to Upwork or any talent sourcing agency. The second is having an arsenal of no-code tools. I'll get to this more in a second, but this works beecause at its core, when we are dealing with the practical applications of AI, the code is quite simple, simply put. Start cold sales. Unless you have a network already, this is not a step you can skip. You've already picked a niche, so all you have to do is find the right message. Keep cold emails short, sweet, but enticing- and it will help a lot if you did step 1 correctly and intimately understand who your audience is. I'll be touching base later about how you can leverage AI yourself to help you with outreach and closing. The beauty of gen AI and the AAA model You don't need to be a seasoned web developer to make this business model work. The large majority of solutions that SME clients want is best done using an API for an LLM for the actual AI aspect. The value we create with the solutions we build comes with the conceptual framework and design that not only does what they need it to but integrates smoothly with their existing tech-stack and workflow. The actual implementation is quite straightforward once you understand the high level design and know which tools you are going to use. To give you a sense, even if you plan to build out these apps yourself (say in Python) the large majority of the nitty gritty technical work has already been done for you, especially if you leverage Python libraries and packages that offer high level abstraction for LLM-related functions. For instance, calling GPT can be as little as a single line of code. (And there are no-code tools where these functions are simply an icon on a GUI). Aside from understanding the capabilities and limitations of these tools and frameworks, the only thing that matters is being able to put them in a way that makes sense for what you want to build. Which is why outsourcing and no-code tools both work in our case. Okay... but how TF am I suppposed to actually build out these solutions? Now the fun part. I highly recommend getting familiar with Langchain and LlamaIndex. Both are Python libraires that help a lot with the high-level LLM abstraction I mentioned previously. The two most important aspects include being able to integrate internal data sources/knowledge bases with LLMs, and have LLMs perform autonomous actions. The two most common methods respectively are RAG and output parsing. RAG (retrieval augmented Generation) If you've ever seen a tool that seemingly "trains" GPT on your own data, and wonder how it all works- well I have an answer from you. At a high level, the user query is first being fed to what's called a vector database to run vector search. Vector search basically lets you do semantic search where you are searching data based on meaning. The vector databases then retrieves the most relevant sections of text as it relates to the user query, and this text gets APPENDED to your GPT prompt to provide extra context to the AI. Further, with prompt engineering, you can limit GPT to only generate an answer if it can be found within this extra context, greatly limiting the chance of hallucination (this is where AI makes random shit up). Aside from vector databases, we can also implement RAG with other data sources and retrieval methods, for example SQL databses (via parsing the outputs of LLM's- more on this later). Autonomous Agents via Output Parsing A common need of clients has been having AI actually perform tasks, rather than simply spitting out text. For example, with autonomous agents, we can have an e-commerce chatbot do the work of a basic customer service rep (i.e. look into orders, refunds, shipping). At a high level, what's going on is that the response of the LLM is being used programmtically to determine which API to call. Keeping on with the e-commerce example, if I wanted a chatbot to check shipping status, I could have a LLM response within my app (not shown to the user) with a prompt that outputs a random hash or string, and programmatically I can determine which API call to make based on this hash/string. And using the same fundamental concept as with RAG, I can append the the API response to a final prompt that would spit out the answer for the user. How No Code Tools Can Fit In (With some example solutions you can build) With that being said, you don't necessarily need to do all of the above by coding yourself, with Python libraries or otherwise. However, I will say that having that high level overview will help IMMENSELY when it comes to using no-code tools to do the actual work for you. Regardless, here are a few common solutions you might build for clients as well as some no-code tools you can use to build them out. Ex. Solution 1: AI Chatbots for SMEs (Small and Medium Enterprises) This involves creating chatbots that handle user queries, lead gen, and so forth with AI, and will use the principles of RAG at heart. After getting the required data from your client (i.e. product catalogues, previous support tickets, FAQ, internal documentation), you upload this into your knowledge base and write a prompt that makes sense for your use case. One no-code tool that does this well is MyAskAI. The beauty of it especially for building external chatbots is the ability to quickly ingest entire websites into your knowledge base via a sitemap, and bulk uploading files. Essentially, they've covered the entire grunt work required to do this manually. Finally, you can create a inline or chat widget on your client's website with a few lines of HTML, or altneratively integrate it with a Slack/Teams chatbot (if you are going for an internal Q&A chatbot approach). Other tools you could use include Botpress and Voiceflow, however these are less for RAG and more for building out complete chatbot flows that may or may not incorporate LLMs. Both apps are essentially GUIs that eliminate the pain and tears and trying to implement complex flows manually, and both natively incoporate AI intents and a knowledge base feature. Ex. Solution 2: Internal Apps Similar to the first example, except we go beyond making just chatbots but tools such as report generation and really any sort of internal tool or automations that may incorporate LLM's. For instance, you can have a tool that automatically generates replies to inbound emails based on your client's knowledge base. Or an automation that does the same thing but for replies to Instagram comments. Another example could be a tool that generates a description and screeenshot based on a URL (useful for directory sites, made one for my own :P). Getting into more advanced implementations of LLMs, we can have tools that can generate entire drafts of reports (think 80+ pages), based not only on data from a knowledge base but also the writing style, format, and author voice of previous reports. One good tool to create content generation panels for your clients would be MindStudio. You can train LLM's via prompt engineering in a structured way with your own data to essentially fine tune them for whatever text you need it to generate. Furthermore, it has a GUI where you can dictate the entire AI flow. You can also upload data sources via multiple formats, including PDF, CSV, and Docx. For automations that require interactions between multiple apps, I recommend the OG zapier/make.com if you want a no-code solution. For instance, for the automatic email reply generator, I can have a trigger such that when an email is received, a custom AI reply is generated by MyAskAI, and finally a draft is created in my email client. Or, for an automation where I can create a social media posts on multiple platforms based on a RSS feed (news feed), I can implement this directly in Zapier with their native GPT action (see screenshot) As for more complex LLM flows that may require multiple layers of LLMs, data sources, and APIs working together to generate a single response i.e. a long form 100 page report, I would recommend tools such as Stack AI or Flowise (open-source alternative) to build these solutions out. Essentially, you get most of the functions and features of Python packages such as Langchain and LlamaIndex in a GUI. See screenshot for an example of a flow How the hell are you supposed to find clients? With all that being said, none of this matters if you can't find anyone to sell to. You will have to do cold sales, one way or the other, especially if you are brand new to the game. And what better way to sell your AI services than with AI itself? If we want to integrate AI into the cold outreach process, first we must identify what it's good at doing, and that's obviously writing a bunch of text, in a short amount of time. Similar to the solutions that an AAA can build for its clients, we can take advantage of the same principles in our own sales processes. How to do outreach Once you've identified your niche and their pain points/opportunities for automation, you want to craft a compelling message in which you can send via cold email and cold calls to get prospects booked on demos/consultations. I won't get into too much detail in terms of exactly how to write emails or calling scripts, as there are millions of resources to help with this, but I will tell you a few key points you want to keep in mind when doing outreach for your AAA. First, you want to keep in mind that many businesses are still hesitant about AI and may not understand what it really is or how it can benefit their operations. However, we can take advantage of how mass media has been reporting on AI this past year- at the very least people are AWARE that sooner or later they may have to implement AI into their businesses to stay competitive. We want to frame our message in a way that introduces generative AI as a technology that can have a direct, tangible, and positive impact on their business. Although it may be hard to quantify, I like to include estimates of man-hours saved or costs saved at least in my final proposals to prospects. Times are TOUGH right now, and money is expensive, so you need to have a compelling reason for businesses to get on board. Once you've gotten your messaging down, you will want to create a list of prospects to contact. Tools you can use to find prospects include Apollo.io, reply.io, zoominfo (expensive af), and Linkedin Sales Navigator. What specific job titles, etc. to target will depend on your niche but for smaller companies this will tend to be the owner. For white collar niches, i.e. law, the professional that will be directly benefiting from the tool (i.e. partners) may be better to contact. And for larger organizations you may want to target business improvement and digital transformation leads/directors- these are the people directly in charge of projects like what you may be proposing. Okay- so you have your message, and your list, and now all it comes down to is getting the good word out. I won't be going into the details of how to send these out, a quick Google search will give you hundreds of resources for cold outreach methods. However, personalization is key and beyond simple dynamic variables you want to make sure you can either personalize your email campaigns directly with AI (SmartWriter.ai is an example of a tool that can do this), or at the very least have the ability to import email messages programmatically. Alternatively, ask ChatGPT to make you a Python Script that can take in a list of emails, scrape info based on their linkedin URL or website, and all pass this onto a GPT prompt that specifies your messaging to generate an email. From there, send away. How tf do I close? Once you've got some prospects booked in on your meetings, you will need to close deals with them to turn them into clients. Call #1: Consultation Tying back to when I mentioned you want to take a consultant-first appraoch, you will want to listen closely to their goals and needs and understand their pain points. This would be the first call, and typically I would provide a high level overview of different solutions we could build to tacke these. It really helps to have a presentation available, so you can graphically demonstrate key points and key technologies. I like to use Plus AI for this, it's basically a Google Slides add-on that can generate slide decks for you. I copy and paste my default company messaging, add some key points for the presentation, and it comes out with pretty decent slides. Call #2: Demo The second call would involve a demo of one of these solutions, and typically I'll quickly prototype it with boilerplate code I already have, otherwise I'll cook something up in a no-code tool. If you have a niche where one type of solution is commonly demanded, it helps to have a general demo set up to be able to handle a larger volume of calls, so you aren't burning yourself out. I'll also elaborate on how the final product would look like in comparison to the demo. Call #3 and Beyond: Once the initial consultation and demo is complete, you will want to alleviate any remaining concerns from your prospects and work with them to reach a final work proposal. It's crucial you lay out exactly what you will be building (in writing) and ensure the prospect understands this. Furthermore, be clear and transparent with timelines and communication methods for the project. In terms of pricing, you want to take this from a value-based approach. The same solution may be worth a lot more to client A than client B. Furthermore, you can create "add-ons" such as monthly maintenance/upgrade packages, training sessions for employeees, and so forth, separate from the initial setup fee you would charge. How you can incorporate AI into marketing your businesses Beyond cold sales, I highly recommend creating a funnel to capture warm leads. For instance, I do this currently with my AI tools directory, which links directly to my AI agency and has consistent branding throughout. Warm leads are much more likely to close (and honestly, much nicer to deal with). However, even without an AI-related website, at the very least you will want to create a presence on social media and the web in general. As with any agency, you will want basic a professional presence. A professional virtual address helps, in addition to a Google Business Profile (GBP) and TrustPilot. a GBP (especially for local SEO) and Trustpilot page also helps improve the looks of your search results immensely. For GBP, I recommend using ProfilePro, which is a chrome extension you can use to automate SEO work for your GBP. Aside from SEO optimzied business descriptions based on your business, it can handle Q/A answers, responses, updates, and service descriptions based on local keywords. Privacy and Legal Concerns of the AAA Model Aside from typical concerns for agencies relating to service contracts, there are a few issues (especially when using no-code tools) that will need to be addressed to run a successful AAA. Most of these surround privacy concerns when working with proprietary data. In your terms with your client, you will want to clearly define hosting providers and any third party tools you will be using to build their solution, and a DPA with these third parties listed as subprocessors if necessary. In addition, you will want to implement best practices like redacting private information from data being used for building solutions. In terms of addressing concerns directly from clients, it helps if you host your solutions on their own servers (not possible with AI tools), and address the fact only ChatGPT queries in the web app, not OpenAI API calls, will be used to train OpenAI's models (as reported by mainstream media). The key here is to be open and transparent with your clients about ALL the tools you are using, where there data will be going, and make sure to get this all in writing. have fun, and keep an open mind Before I finish this post, I just want to reiterate the fact that this is NOT an easy way to make money. Running an AI agency will require hours and hours of dedication and work, and constantly rearranging your schedule to meet prospect and client needs. However, if you are looking for a new business to run, and have a knack for understanding business operations and are genuinely interested in the pracitcal applications of generative AI, then I say go for it. The time is ticking before AAA becomes the new dropshipping or SMMA, and I've a firm believer that those who set foot first and establish themselves in this field will come out top. And remember, while 100 thousand people may read this post, only 2 may actually take initiative and start.

Unbiased opinion - Ideas

Hi, I’m currently looking to set up along site my full time job. I’m working away so have spare time mid week evenings to get cracking! If anyone has any other ideas which would link up with my interests please let me know. Note: I set up an airconditioning company which didn’t go to plan as I was just not passionate enough to chase sales/grow the company. Details Capital: I could invest upto 1k a month would prefer less Location: would prefer remote but the below ideas are all possible from my hotel room. Strengths: work well under pressure, technical minded, problem solving Weaknesses: can be lazy if not passionate, organisation, confidence Interests: Music, guitars, tech, coding, beer, motorbikes Experience: 12 years in railway electrical roles, coding bootcamp Ideas Idea: Guitar Electronics (pedals) Pros: cheap to start Enjoy building Creative Design work Cool field Cons: Time consuming Not much profit Scalability Competition is cheap Idea: Project management app/document selection Pros: Experienced in field Relatively quick if excel based Could charge subscription Contacts in industry Expensive if app based Make once sell multiple Remote Small overheads Cons: Not as fun as others learn new language? Limited market Other competition already good (apps) Idea: YouTube - mysteries, interesting topics Pros: Free to startup Enjoy researching Build community leading to other online projects Can voice over/AI No need to have cam Improve confidence Cons: Returns will take a while Get better at video editing Overcome speaking No overheads (have equipment) Time/money slow at start Idea: Railway Electrical Book/Course Pros: Throughly experienced Small market Niche - good money if can get sales Have to learn course software Contacts in field Create once Cons: Not as passionate as other ideas Amount of interest (possibly get other fields electricians involved?) Expensive to make?

Great business idea but no devs.

I have an idea for the Agile and Project management space. It deals with a tad bit of AI but can work completely without it too. Having worked as both a PM and SM I see some gaps in some of the industries that require them. Currently no tools offer this even big names like Microsoft Projects or Atlassian Jira. I'm like 99% sure if marketed correctly this thing will take off. But I have two problems 1) I am tech savy but cannot code well enough. So I need a full stack dev or a devops team. 2) I do not have the money to pay so the only way I can think of is a commission structure so that when the amount agreed is reached you paid in that manner or become a partner and get paid for life. I prefer second option as that means there will be a vested interest in seeing this succeed

Writing a exercise based TTRPG rulebook for a system where your real world fitness is tied to character progression

My dad was a star athlete when he was young, and my mom was a huge sci-fi/fantasy nerd, so I got both ends of the stick as it were. Love gaming and nerd culture, but also love to exercise and self improvement. Sometimes exercise can feel boring though compared to daydreaming about fantastic fictional worlds, so for a long time I've been kicking around the idea of how to "Gamify" fitness. and recently I've been working on this passion project of a Table Top RPG (Like D&D) where the stats of your character are related to your own fitness, so if you want your character in game to improve, you have to improve in the real world. Below is a rough draft you can look through that details the settings and mechanics of the game I've come up with so far. I'd love to eventually get a full book published and sell it online. maybe even starting a whole brand of "Gamified fitness": REP-SET: GAINSZ In the war torn future of 24th century… There are no rest days… In the futuristic setting of "REP-SET: GAINSZ," the "War of Gains" casts a long shadow over the Sol System as the various factions vie for territory and resources. However, war has evolved. Unmanned drones and long-range strikes have faded into obsolescence. Battles, both planet-side and in the depths of space, are now fought by soldiers piloting REP-SETs: Reactive Exoskeletal Platform - Symbiotic Evolution Trainer Massive, humanoid combat mechs. Powered by mysterious “EV” energy, these mechanical marvels amplify, and are in turn amplified by, the fitness and mental acuity of their pilots. The amplification is exponential, leading pilots into a life of constant training in order for their combat prowess to be bolstered by every incremental gain in their level of fitness. With top pilots having lifting capacity measured in tons, and reaction times measured by their Mach number, REP-SET enhanced infantry now dominate the battlefield. The Factions: The Federated Isometocracy of Terra (FIT): Quote: "The strength of the body is the strength of the spirit. Together, we will lift humanity to its destined greatness. But ask not the federation to lift for you. Ask yourself: Do you even lift for the Federation?" Description: An idealistic but authoritarian faction founded on the principle of maximizing the potential of all individuals. FIT citizens believe in relentless striving for physical and mental perfection, leading to collective excellence. Their goal is the unification of humankind under a rule guided by this doctrine, which sometimes comes at the cost of individual liberties. Mech Concept: REP-SET mechs. Versatile humanoid designs focusing on strength, endurance, and adaptability. By connecting to the AI spirit within their REP-SETs core, each pilot enhances the performance of their machine through personal willpower and peak physical training. Some high-rank REP-SETS include features customized to the pilot's strengths, visually signifying their dedication and discipline. The Dominion of Organo-Mechanical Supremacy (DOMS): Quote: "Without pain, there is no gain. Become the machine. Embrace the burn.” Description: A fanatical collective ideologically obsessed with "Ascendency through suffering" by merging their bodies with technology that not only transcends biological limitations, but also acts to constantly induce pain in it's users. Driven by a sense of ideological superiority and a thirst for domination, DOMS seek to bring the painful blessings of their deity "The lord of the Burn" to the rest of the solar system. Their conquest could turn them into a significant threat to humanity. Mech Concept: Hybrid mechs, where the distinction between the pilot and the machine is blurred. The cockpit functions as a life-support system for the pilot, heavily modified with augmentations. Mechs themselves are often modular, allowing for adaptation and assimilation of enemy technology. Some DOMS mechs might display disturbing elements of twisted flesh alongside cold, mechanical parts. The Tren: Quote: "Grow... bigger... feast... protein..." Description: A ravenous conglomeration of biochemically engineered muscular monstrosities, united only by a shared insatiable hunger for "More". Existing mostly in deep space, they seek organic matter to consume and assimilate. They progress in power not due to any form of training or technology, but from a constant regimen of ravenous consumption and chemically induced muscle growth, all exponentially enhanced by EV energies. While some have been known to possess a certain level of intellect and civility, their relentless hunger makes them incredibly mentally volatile. When not consuming others, the strong consume the weak within their own faction. Mech Concept: Bio-Organic horrors. While they do have massive war machines, some are living vessels built around immense creatures. These machines resemble grotesque fleshy designs that prioritize rapid mutation and growth over sleek aesthetics. Often unsettling to behold. Synthetic Intelligence Theocracy (SIT): Quote: "Failure is an unacceptable data point.” Description: A society ruled by a vast and interconnected artificial intelligence network. The SIT governs with seemingly emotionless rationality, striving for efficiency and maximum productivity. This leads to a cold, but arguably prosperous society, unless you challenge the logic of the collective AI. Their goals? Difficult to predict, as it hinges on how the AI calculates what's "optimal" for the continuation or "evolution" of existence. Mech Concept: Sleek, almost featureless robotic creations with a focus on efficient movement and energy management. Often drone-like or modular, piloted through direct mind-machine linking rather than traditional cockpits. Their aesthetic suggests cold and impersonal perfection. The Way Isolate(TWI): Quote: "The body unblemished, the mind unwavering. That is the path to true strength. That and a healthy diet of Aster-Pea proteins." Description: Known by some as "The asteroid farmers", The Way Isolate is a proud and enigmatic faction that stands apart from the other powers in the Sol System. A fiercely independent tribe bound by oaths of honor, loyalty, and hard work. Wandering the asteroid belt in their vast arc ships, their unparalleled mastery in asteroidal-agricultural engineering, ensuring they have no need to colonize planets for nutritional needs, has allowed them to abstain from the pursuit of territorial expansion in “The War of Gains”, instead focusing on inward perfection, both spiritual and physical. They eschew all technological bodily enhancements deemed unnatural, believing that true power can only be cultivated through the relentless pursuit of personal strength achieved through sheer will and bodily perfection. The Way Isolate views biohacking, genetic manipulation, and even advanced cybernetics as corruptions of the human spirit, diluting the sacredness of individual willpower. Mech Concept: Way Isolate mechs are built with maneuverability and precision in mind rather than flashy augmentations. Their REP-SETs are streamlined, favoring lean designs that mirror the athleticism of their pilots. Excelling in low to zero G environments, their mechs lack bulky armor, relying on evasion and maneuverability rather than brute force endurance. Weaponry leans towards traditional kinetic based armaments, perhaps employing archaic but reliable weapon styles such as blades or axes as symbols of their purity of purpose. These mechs reflect the individual prowess of their pilots, where victory is determined by focus, technique, and the raw power of honed physical ability. Base Player Character Example: You are a young, idealistic FIT soldier, barely out of training and working as a junior REP-SET mechanic on the Europa Ring World. The Miazaki district, a landscape of towering mountains and gleaming cities, houses a sprawling mountainside factory – a veritable hive of Gen 5 REP-SET construction. Here, the lines between military and civilian blur within a self-sufficient society dependent on this relentless industry. Beneath the surface, you harbor a secret. In a forgotten workshop, the ghost of a REP-SET takes shape – a unique machine built around an abandoned, enigmatic AI core. Ever since you salvaged it as a child from the wreckage of your hometown, scarred by a brutal Tren attack, you've dedicated yourself to its restoration. A lingering injury from that fateful battle mocks your progress, a constant reminder of the fitness exams you cannot pass. Yet, you train relentlessly, dreaming of the day you'll stand as a true REP-SET pilot. A hidden truth lies at the heart of the REP-SETS: as a pilot's abilities grow, their mech develops unique, almost mystical powers – a manifestation of the bond between the human spirit and the REP-SET's AI. The ache in your old wound serves as a grim prophecy. This cold war cannot last. The drums of battle grow louder with each passing day. GAME MECHANICS: The TTRPG setting of “REP-SET: GAINSZ” is marked by a unique set of rules, by which the players real world capabilities and fitness will reflect and affect the capabilities, progression, and success of their REP-SET pilot character in-game. ABILITY SCORES: Pilots' capabilities will be defined by 6 “Ability scores”: Grace, Agility, Iron, Nourishment, Strength, and Zen. Each of the 6 ability scores will duel represent both a specific area of exercise/athleticism and a specific brand of healthy habits. The definitions of these ability scores are as follows: Grace (GRC): "You are an artist, and your body is your canvas; the way you move is your paint and brush." This ability score, the domain of dancers and martial artists, represents a person's ability to move with organic, flowing control and to bring beauty to the world. Skill challenges may be called upon when the player character needs to act with poise and control, whether socially or physically. Real-world skill checks may involve martial arts drills, dancing to music, or balance exercises. Bonuses may be granted if the player has recently done something artistically creative or kind, and penalties may apply if they have recently lost their temper. This ability score affects how much NPCs like your character in game. Agility (AGI): "Your true potential is locked away, and speed is the key to unlocking it." The domain of sprinters, this ability score represents not only a person's absolute speed and reaction time but also their capacity to finish work early and avoid procrastination. Skill challenges may be called upon when the player character needs to make a split-second choice, move fast, or deftly dodge something dangerous. Real-world skill checks may involve acts of speed such as sprinting or punching/kicking at a steadily increasing tempo. Bonuses may apply if the player has finished work early, and penalties may apply if they are procrastinating. This ability score affects moving speed and turn order in game. Iron (IRN): "Not money, nor genetics, nor the world's greatest trainers... it is your resolve, your will to better yourself, that will make you great." Required by all athletes regardless of focus, this ability score represents a player's willpower and their capacity to push through pain, distraction, or anything else to achieve their goals. Skill challenges may be called upon when the player character needs to push through fear, doubt, or mental manipulation. Real-world skill checks may involve feats of athletic perseverance, such as planking or dead hangs from a pull-up bar. Bonuses may apply when the player maintains or creates scheduled daily routines of exercise, self-improvement, and work completion, and penalties may apply when they falter in those routines. This ability score affects the max "Dynamic exercise bonus” that can be applied to skill checks in game (a base max of +3 when Iron = 10, with an additional +1 for every 2 points of iron. So if every 20 pushups gives you +1 on a “Strength” skill check, then doing 80 pushups will only give you +4 if you have at least 12 iron). Nourishment (NRS): "A properly nourished body will last longer than a famished one." This ability score, focused on by long-distance runners, represents a player's endurance and level of nutrition. Skill challenges may be called upon when making checks that involve the player character's stamina or health. Real-world skill checks may involve endurance exercises like long-distance running. Bonuses may apply if the player has eaten healthily or consumed enough water, and penalties may apply if they have eaten junk food. This ability score affects your HP (Health points), which determines how much damage you can take before you are incapacitated. Strength (STR): "When I get down on my hands, I'm not doing pushups, I'm bench-pressing the planet." The domain of powerlifters and strongmen, this ability score represents raw physical might and the ability to overcome obstacles. Skill challenges may be called upon when the player character needs to lift, push, or break something. Real-world skill checks might involve weightlifting exercises, feats of grip strength, or core stability tests. Bonuses may apply for consuming protein-rich foods or getting a good night's sleep, and penalties may apply after staying up late or indulging in excessive stimulants. This ability score affects your carrying capacity and base attack damage in game. Zen (ZEN): "Clarity of mind reflects clarity of purpose. Still the waters within to act decisively without." This ability score, prized by meditators and yogis, represents mental focus, clarity, and inner peace. Skill challenges may be called upon when the player character needs to resist distractions, see through illusions, or make difficult decisions under pressure. Real-world skill checks may involve meditation, breathing exercises, or mindfulness activities. Bonuses may apply after attending a yoga class, spending time in nature, or creating a calm and organized living space. Penalties may apply after experiencing significant stress, emotional turmoil, or having an unclean or unorganized living space. This ability score affects your amount of ZP in game (Zen Points: your pool of energy you pull from to use mystical abilities) Determining initial player ability scores: Initially, “Ability scores” are decided during character creation by giving the player a list of 6 fitness tests to gauge their level of fitness in each category. Running each test through a specific calculation will output an ability score. A score of 10 represents the average person, a score of 20 represents a peak athlete in their category. The tests are: Grace: Timed balancing on one leg with eyes closed (10 seconds is average, 60 is peak) Agility: Mile run time in minutes and second (10:00 minutes:seconds is average, 3:47 is peak) Iron: Timed dead-hang from a pull-up bar (30 seconds is average, 160 is peak) Nourishment: Miles run in an hour (4 is average, 12 is peak) Strength: Pushups in 2 minute (34 is average, 100 is peak) Zen: Leg stretch in degrees (80 is average, and 180 aka "The splits" is peak) Initial Score Calculation Formula: Ability Score = 10 + (Player Test Score - Average Score) / (Peak Score - Average\_Score) \* 10 Example: if the player does 58 pushups in 2 minutes, their strength would be: 10 plus (58 - 34) divided by (100-34) multiplied by 10 = 10 + (24)/(66)\* 10 = 10 + 3.6363... = 13.6363 rounded to nearest whole number = Strength (STR): 14 SKILLS AND SKILL CHALLENGES: The core mechanic of the game will be in how skill challenges are resolved. All “Skill challenges” will have a numerical challenge rating that must be met or beaten by the sum of a 10 sided dice roll and your score in the pertinent skill. Skill scores are determined by 2 factors: Ability Score Bonus: Every 2 points above 10 gives +1 bonus point. (EX. 12 = +1, 14 = +2, etc.) This also means that if you have less than 10 in an ability score, you will get negative points. Personal Best Bonus: Each skill has its own unique associated exercise that can be measured (Time, speed, distance, amount of reps, etc). A higher record means a higher bonus. EX: Authority skill checks are associated with a timed “Lateral raise hold”. Every 30 seconds of the hold added onto your personal best single attempt offers a +1 bonus. So if you can do a lateral hold for 90 seconds, that’s a +3 to your authority check! So if you have a 16 in Iron, and your Personal Best lateral raise hold is 90 seconds, that would give you an Authority score of +6 (T-Pose for dominance!) Dynamic Exercise Bonus: This is where the unique mechanics of the game kick in. At any time during a skill challenge (even after your roll) you can add an additional modifier to the skill check by completing the exercise during gameplay! Did you roll just below the threshold for success? Crank out another 20 pushups, squats, or curls to push yourself just over the edge into success! There are 18 skills total, each with its own associated ability score and unique exercise: Grace (GRC): \-Kinesthesia (Timed: Blind single leg stand time) \-Precision (Scored: Basket throws) \-Charm (Timed reps: Standing repeated forward dumbell chest press and thrust) \-Stealth (Timed distance: Leopard Crawl) Agility (AGI): \-acrobatics (timed reps: high kicks) \-Computers (Word per minute: Typing test) \-Speed (Time: 100 meter sprint) Iron (IRN): \-Authority (Timed: Lateral raise hold) \-Resist (Timed: Plank) \-Persist (Timed:Pull-up bar dead hang) Nourishment(NRS): \-Recovery (TBD) \-Stim crafting (TBD) \-Survival (TBD) Strength(STR): \-Mechanics (Timed reps: Alternating curls) \-Might (Timed reps: pushups) Zen(ZEN): \-Perceive (TBD) \-Empathy (TBD) \-Harmony (TBD) \-Lore (TBD) Healthy Habits Bonus: Being able to demonstrate that you have conducted healthy habits during gameplay can also add one time bonuses per skill challenge “Drank a glass of water +1 to Nourishment check”, “Cleaned your room, +3 on Zen check”. But watch out, if you’re caught in unhealthy Habits, the GM can throw in penalties, “Ate junk food, -1 to Nourishment check”, etc. Bonuses/penalties from in-game items, equipment, buffs, debuffs, etc., helping players to immerse into the mechanics of the world of REP-SET for the thrill of constantly finding ways to improve their player. Gradient success: Result of skill challenges can be pass or fail, but can also be on a sliding scale of success. Are you racing to the battlefield? Depending on your Speed check, you might arrive early and have a tactical advantage, just in time for an even fight, or maybe far too late and some of your favorite allied NPCs have paid the price… So you’re often encouraged to stack on those dynamic exercise bonuses when you can to get the most fortuitous outcomes available to you. Gameplay sample: GM: Your REP-SET is a phantom, a streak of light against the vast hull of the warship. Enemy fighters buzz angrily, but you weaves and dodges with uncanny precision. The energy wave might be losing effectiveness, but your agility and connection to the machine have never been stronger. Then, it happens. A gap in the defenses. A vulnerable seam in the warship's armor. Your coms agents keen eye spots it instantly. "Lower power junction, starboard side! You have an opening!" This is your chance to strike the decisive blow. But how? It'll take a perfect combination of skill and strategy, drawing upon your various strengths. Here are your options: Option 1: Brute Strength: Channel all remaining power into a single, overwhelming blast from the core. High-risk, high-reward. It could overload the REP-SET if you fail, but it might also cripple the warship. (Strength-focused, Might sub-skill) Option 2: Calculated Strike: With surgical precision, target the power junction with a pinpoint burst of destabilizing energy. Less flashy and ultimately less damaging, but potentially more effective in temporarily disabling the ship. (Agility-focused, Precision sub-skill) Option 3: Harmonic Disruption: Attempt to harmonize with your REP-SET's AI spirit for help in connecting to the digital systems of the Warship. Can you generate an internal energy resonance within the warship, causing it to malfunction from within? (Zen-focused, Harmony sub-skill) Player: I'll take option 1, brute strength! GM: Ok, This will be a "Might" check. The CR is going to be very high on this one. I'm setting it at a 20. What's your Might bonus? Player: Dang, a 20?? That's literally impossible. My Might is 15 and I've got a PB of 65 pushups in 2 minutes, that sets me at a +5. Even if I roll a 10 and do 60 pushups for the DE I'll only get 18 max. GM: Hey I told you it was high risk. You want to choose another option? Player: No, no. This is what my character would do. I'm a real hot-blooded meathead for sure. GM: Ok then, roll a D10 and add your bonus. Player: \Rolls\ a 9! not bad, actually that's a really good roll. So +5, that's a 14. GM: Alright, would you like to add a dynamic exercise bonus? Player: Duh, it's not like I can do 120 pushups I'd need to beat the CR, but I can at least do better than 14. Alright, here goes. \the player gets down to do pushups and the 2 minute time begins. After some time...\ Player: 65....... 66! GM: Times up. Player: Ow... my arms... GM: so with 66, that's an extra +3, and its a new PB, so that's a +1. That sets your roll to 18. Player: Ow... Frack... still not 20... for a second there i really believed I could do 120 pushups... well I did my best... Ow... 20 CR is just too impossible you jerk... GM: Hmm... Tell me, what did you eat for lunch today? Player: Me? I made some vegetable and pork soup, and a protein shake. I recorded it all in my diet app. GM: And how did you sleep last night? Player: Like a baby, went to sleep early, woke up at 6. GM: in that case, you can add a +1 "Protein bonus" and +1 "Healthy rest" bonus to any strength related check for the day if you'd like, including this one. Player: Really?? Heck yes! add it to the roll! GM: With those extra bonuses, your roll reaches 20. How do you want to do this? Player: I roar "For Terra!" and pour every last ounce of my strength into the REP-SET. GM: "For Terra!" you roar, your cry echoing through coms systems of the REP-SET. The core flares blindingly bright. The surge of power dwarfs anything the REP-SET has unleashed before. With a titanic shriek that cracks the very fabric of space, the REP-SET slams into the vulnerable power junction. Raw energy explodes outwards, tendrils of light arcing across the warship's massive hull. The impact is staggering. The leviathan-like warship buckles, its sleek form rippling with shockwaves. Sparks shower like rain, secondary explosions erupt as critical systems overload. Then…silence. The warship goes dark. Power flickers within the REP-SET itself, then steadies. Alarms fade, replaced by the eerie quiet of damaged but functional systems. "We…did it?" The coms agents voice is incredulous, tinged with relief. She's awaiting your reply. Player: "I guess so." I say, and I smile and laugh. And then I slump back... and fall unconscious. \to the other players\ I'm not doing any more skill checks for a while guys, come pick me up please. \teammates cheer\ &#x200B;

I created an AI Model that counts cards in blackjack automatically and can play perfect strategy blackjack. Thinking of selling how to replicate it

People have long ago figured out how to play blackjack via card counting. I haven’t seen anyone create a user-friendly tool for a layman to know exactly how to play any permutation of blackjack with any rule set (ie any amount of decks of cards, any cards shown, etc.) Anyway, I’ve developed that and am curious if people would be willing to buy it. How can i find out who to market the product to and how much to charge? Is it even a feasible idea to profit off of?

Steep Learning : How I Mapped approximately 10K AI tools to 15K Replaceable Tasks across 4K professions

Hello Everyone , I would like to share some knowledge today which I went towards countless hours to do . I founded a portal called Seekme.ai, a comprehensive platform that houses over 10,000 AI tools and resources. Today, I'm excited to share with you an insightful and enlightening journey of how I mapped these tools to 15,000 tasks across 4,000 professions. This process, which I've named "Learn by Doing," got me the power of determination, collaboration, and adaptability. The Idea: It all started when I recognized the need for a more efficient and accessible way for professionals to understand which AI tools could help them automate their tasks. The traditional approach of manually researching and testing each AI tool for every profession was time-consuming and inefficient. I envisioned a solution that could streamline this process, making AI adoption easier and more accessible for a broader audience. The Planning: To begin, we needed a clear understanding of the task landscape across various professions. With the help of some Reddit communities , we embarked on an extensive study of common tasks in various industries. We utilized various sources, including government reports, industry surveys, and academic research, to create a comprehensive list of tasks. The result was an impressive list of 15,000 tasks. The Mapping: With the list of tasks in hand, the next step was to identify which AI tools could perform these tasks. I meticulously researched and analyzed each AI tool's capabilities and features. We cross-referenced this information with the tasks I had identified and created a mapping between the two. The process involved a significant amount of collaboration and refinement, as we continually updated and expanded our database of AI tools and tasks. The Challenges: The mapping process was not without its challenges. One of the primary obstacles was ensuring the accuracy and completeness of our data. To address this issue, I implemented a rigorous quality control process that included multiple rounds of checks and validations.I also established partnerships with industry experts and AI vendors to ensure our data was up-to-date and accurate. There is also a challenge that I faced was what is the quality of the tools which is the problem and how do I rank multiple tools if they do the same tasks without user feedback The Results: After months of hard work and dedication, I successfully mapped 10,000 AI tools to 15,000 tasks across 4,000 professions. Our new feature, AI by Profession, was born. This innovative will allow users to quickly and easily identify the AI tools that can automate tasks in their profession, making AI adoption more accessible and efficient than ever before. The Impact: The impact of this project has been significant. By making it easier for professionals to identify AI tools that can automate tasks in their industry, we're helping to drive productivity, efficiency, and innovation. Our users are saving time and resources by not having to manually research and test AI tools. Furthermore, we're contributing to the broader goal of democratizing AI and making it accessible to a broader audience. But there is a still an issue we face of ranking tools who does the similar job. For instance for content creation there 10 tools that can do same video editing so how do we rank it . We are planning to add categories to this to make it more exhaustive Conclusion: The journey to mapping 10,000 AI tools for 15,000 tasks across 4,000 professions was a challenging and rewarding experience. It required a significant amount of planning, determination, and collaboration, but the end result was a powerful tool that's making a difference in the lives of professionals around the world. I don’t know yet how useful it is yet for users So I am inviting you all to see if this feature can help you better equip yourself on the new wave and do things better. I am always up for a chat on anything AI and provide my help if needed. Looking forward to some feedback aswell

Roast my business idea

Basically I want to build a clone of Buffer, a tool to streamline the process of building a personal brand on social media. With this tool user will have access to all social media platforms in one dashboard, it will have a calendar view and an ability to schedule posts. There are already quite a few tools like this but I think the social media is not going anywhere so there is room for one more. My niche will be specifically people who build personal brands, who want to become coaches, influencers, models, etc. People who want to create following based on their personality rather than something tangible that they produce. Another key difference is the payment model. Existing services charge crazy amounts for absolutely no reason. I will have AI integrated so I think I will implement token-based pricing model, so people will actually pay only for what they use, no more no less. It will make it highly affordable especially to individuals who are just starting out their social media journey. That's it. Please roast :S

Looking to partner with a software developer

I am looking for a 50-50 partnership with a software developer who can create an offline-capable information repository that automatically suggests contract provisions and clauses based on provided information. Core Features • Clause Database: Store clauses and provisions locally • Search & Suggestion Engine: Automatically recommend relevant clauses based on keywords, contract type, or thresholds (e.g., dollar amounts triggering specific provisions). • Offline Access: Fully functional without an internet connection, with periodic updates as needed. Technical Approach • Data Source: Use publicly available resources (e.g., Acquisition.gov) and structure them for local search. • AI or Rule-Based Logic: • Basic: Rule-based tagging (e.g., contracts above $250K require certain clauses). • Advanced: AI-powered NLP (fine-tuned local LLM) to analyze contract details and suggest clauses. Implementation Considerations • Customization: Allow users to modify or add agency-specific clauses What I can offer is direct access to the target customer base for data testing and validation, along with experience navigating the acquisition process to get the product into the right hands and sold.

Ideas or niche for AI business?

Hey everyone! I'm a mathematician specialized in AI and I'm currently looking to start an innovative business or project. I was wondering if anyone here has experience with processes, machines, sensors, or any other systems that generate some amount of data that, in your opinion, isn't being fully utilized or could benefit from AI. I’m particularly interested in niche and specific cases that might not be widely known by the general public. I'm asking you because I believe that the diverse professional experiences within this community may reveal hidden opportunities. To give you some context: I have experience working on AI projects across different fields like healthcare, robotics, finance, and more. My specialization lies in forecasting. Mi current role is basically to make (or assist in making) strategic decisions based on the results of forecasting different events, metrics, indicators, ... I have no prior businesses, but I’m currently enrolled in a startup and business incubator program to help develop and refine my ideas. My plan is to apply to top incubators and accelerators if I can develop a decent business concept. I’m looking for an online business or project that requires relatively little capital to start, as I’m a "recent" graduate. I’m based in Spain, near the Mediterranean, though I'm not looking to center my business idea specifically around this. Any specific suggestions or insights based on your professional experiences would be incredibly valuable. If you have experience with underutilized data-generating processes, machines, or sensors, or know of a niche application where AI could be transformative, I’d love to hear your thoughts! Thanks so much!

SaaS, Agency, or job?

Recently, I was fired, and since I have some savings, I decided it’s finally time to start my own venture. After a couple of weeks of research and trying to figure out what I should do, here are my thoughts and some questions at the end. I’d appreciate any feedback or opinions. It’s not that I expect to wake up a multimillionaire, but I see how people make money without working the typical 9-5. Some of the worst examples are on YouTube—those agency, OFM, dropshipping hustle bros. I know it’s naive to believe all of it because they’re just selling courses, but some of them do seem to have built impressive income streams. Anyway, let’s dive into two categories and compare. Agency (providing services, development, consultation): I’ll talk about AI automation because of my background in ML Engineering and Generative AI, but this could apply to any other agency niche. It seems like a good business idea for someone who knows generative AI and can do some impressive things with LLMs, agents, etc. I even started working on it—built a website—but I stopped when I couldn’t define exactly what services to offer. I could do heavy backend tasks with infrastructure, like real machine learning and AI with fine-tuning, but I couldn’t find any examples of agencies doing this. Almost 100% of them are doing simple automations with tools like Zapier or Make. When it comes to business owners, it’s really hard to find clients in general. After reading Reddit threads, articles, and watching videos, it seems like nearly everyone struggles with client acquisition. For a one-person agency offering more complex services like real ML, it would likely be even harder to find clients, compared to big outsourcing companies with sales teams. Even without focusing on the client challenge, which is obvious in any business, looking at what successful agency owners earn, it’s usually around $100k–$200k a year. I’m not talking about the high end, just regular people. I got this information from reading, and a simple example is from interviews with people who claim to make $10k/month. But many others in these communities struggle to even reach that point. It seems like this is a difficult target for most people. SaaS: This area seems more straightforward, and with my background, it feels like a good fit. However, from reading different sources, I’ve found stories like, “It took me six months to get my first client,” or “I worked on a simple SaaS for nine months and just reached my first $1k.” There are also warnings not to believe those who claim to make $10k/month easily, and many people report struggling to grow after getting their first 10 clients. So, it’s clear to me that even with good tech skills, you’re not going to make massive amounts of money overnight, which I understand. However, with so many people becoming startup founders and indie hackers, many seem to struggle despite thinking it’s the way to go. I know both paths can potentially skyrocket, but here’s where I need help: Am I wrong about agencies? Am I wrong about SaaS? The toughest question for me: I don’t want to go back to a 9-5 job, even if I could earn $300k a year. Even if my own business takes more time and I earn less in the first few years, I still believe it will be more profitable long term, and I will be happier. So, should I pursue an agency, SaaS, or a traditional job?

Steep Learning : How I Mapped approximately 10K AI tools to 15K Replaceable Tasks across 4K professions

Hello Everyone , I would like to share some knowledge today which I went towards countless hours to do . I founded a portal called Seekme.ai, a comprehensive platform that houses over 10,000 AI tools and resources. Today, I'm excited to share with you an insightful and enlightening journey of how I mapped these tools to 15,000 tasks across 4,000 professions. This process, which I've named "Learn by Doing," got me the power of determination, collaboration, and adaptability. The Idea: It all started when I recognized the need for a more efficient and accessible way for professionals to understand which AI tools could help them automate their tasks. The traditional approach of manually researching and testing each AI tool for every profession was time-consuming and inefficient. I envisioned a solution that could streamline this process, making AI adoption easier and more accessible for a broader audience. The Planning: To begin, we needed a clear understanding of the task landscape across various professions. With the help of some Reddit communities , we embarked on an extensive study of common tasks in various industries. We utilized various sources, including government reports, industry surveys, and academic research, to create a comprehensive list of tasks. The result was an impressive list of 15,000 tasks. The Mapping: With the list of tasks in hand, the next step was to identify which AI tools could perform these tasks. I meticulously researched and analyzed each AI tool's capabilities and features. We cross-referenced this information with the tasks I had identified and created a mapping between the two. The process involved a significant amount of collaboration and refinement, as we continually updated and expanded our database of AI tools and tasks. The Challenges: The mapping process was not without its challenges. One of the primary obstacles was ensuring the accuracy and completeness of our data. To address this issue, I implemented a rigorous quality control process that included multiple rounds of checks and validations.I also established partnerships with industry experts and AI vendors to ensure our data was up-to-date and accurate. There is also a challenge that I faced was what is the quality of the tools which is the problem and how do I rank multiple tools if they do the same tasks without user feedback The Results: After months of hard work and dedication, I successfully mapped 10,000 AI tools to 15,000 tasks across 4,000 professions. Our new feature, AI by Profession, was born. This innovative will allow users to quickly and easily identify the AI tools that can automate tasks in their profession, making AI adoption more accessible and efficient than ever before. The Impact: The impact of this project has been significant. By making it easier for professionals to identify AI tools that can automate tasks in their industry, we're helping to drive productivity, efficiency, and innovation. Our users are saving time and resources by not having to manually research and test AI tools. Furthermore, we're contributing to the broader goal of democratizing AI and making it accessible to a broader audience. But there is a still an issue we face of ranking tools who does the similar job. For instance for content creation there 10 tools that can do same video editing so how do we rank it . We are planning to add categories to this to make it more exhaustive Conclusion: The journey to mapping 10,000 AI tools for 15,000 tasks across 4,000 professions was a challenging and rewarding experience. It required a significant amount of planning, determination, and collaboration, but the end result was a powerful tool that's making a difference in the lives of professionals around the world. I don’t know yet how useful it is yet for users So I am inviting you all to see if this feature can help you better equip yourself on the new wave and do things better. I am always up for a chat on anything AI and provide my help if needed. Looking forward to some feedback aswell

Learn These AI Basics

Large Language Models deep learning algorithms capable of summarizing creating predicting translating and synthesizing text and other content because they are trained on gargantuan amounts of data

sdfx

SDFX ======= Features | Screenshots | SDFX App Guide | Installation | Run The ultimate no-code platform to build and share AI apps with beautiful UI. Join our Discord Server community for latest news, video tutorials and demo apps. !SDFX Screenshot SDFX enables the creation of straightforward user interfaces for intricate workflows. An SDFX application combines a Comfy workflow with a user interface. The JSON that describes the workflow is enriched with extra meta information about the application and its author, as well as the association between UI components and node widgets. Features Screenshots SDFX Application JSON Structure Guide Installation Run Installation for users already using ComfyUI Locally Why? This project was originally created to meet the needs of users from A1111 (form based UI) and ComfyUI (graph-node based), which are two communities with differing visions. With SDFX, we aimed to merge the benefits of both worlds, without the drawbacks. What SDFX allows, for example, is the creation of complex graphs (as one would do on ComfyUI), but with an overlay of a simpler, high-level UI (such as a form-based interface, with an incredible UI). Thus, in theory, someone could recreate A1111 with SDFX and share the JSON online. This is an initial draft, there is still much to do (mostly the App Creator that will be released soon). Some had lost faith in us, even calling us vaporware. The reality, as you will see by browsing the source code, is that SDFX required a considerable amount of work. It was made by a solo developer, and now the team is growing. We tried to do things right, focusing solely on what we do best: UIs and product design with a modern frontend stack. Therefore, we rely 100% on Comfy's backend, making SDFX fully compatible with ComfyUI. However, installing ComfyUI is not necessary, as everything is abstracted. We also made an effort to simplify the installation process; in most cases, you will only need to double-click on setup.bat / setup.sh and follow the wizard. We hope you will like it, and it's with great pleasure that we share our vision and this repo with you, hoping it will pave the way for many contributions from you, to further the advancement of the open-source AI space. Features Build and share user-friendly apps on top of complex workflows 100% compatible with ComfyUI and all its features Can work with your existing Comfy installation (with our SDFXBridgeForComfy custom node) LiteGraph almost refactored from scratch in typescript Animated graph navigation Node bookmarks and advanced graph search Lightning fast UI instanciation and beautiful high-level components (450x faster than Gradio) UI Debugger (rudimentary for now) Native Custom Nodes Manager (thanks to Dr.Lt.Data) Export and share apps and templates (group nodes export soon) Advanced layer-based image and mask editor (WIP) Advanced checkpoint picker and gallery Advanced input image picker Modern and ultra fast frontend stack (vitejs, vuejs, electron) Compiles as a native app (Windows, Linux, Mac) or as a webapp Extremely easy to maintain and add new features Screenshots Graph view !SDFX Screenshot App view !SDFX Screenshot| !SDFX Screenshot | |--|--| Prompt Timeline Component !SDFX Screenshot UI Debugger !SDFX Screenshot Node Bookmarks !SDFX Screenshot Node Manager !SDFX Screenshot SDFX Application JSON Structure Guide Welcome to the JSON structure guide for SDFX applications. The following is a comprehensive overview for developers looking to understand and utilize the JSON format for creating user-friendly UI with SDFX. Our aim is to ensure clarity and ease of use, so you can integrate and exchange SDFX apps with confidence. Basic JSON structure of a SDFX app: Application Name name: The name you assign to your application. Meta Information meta: This key houses essential details about your application, for instance: Application Type type: Designated as "sdfx", this key identifies the app as an SDFX application while maintaining compatibility with ComfyUI. This means SDFX apps can be dragged and dropped onto ComfyUI and vice versa. UI Mapping Structure mapping: Specifies the UI structure. Within the mapping, you might find the following structure to describe a Tab component with a checkpoint loader, fully compatible with Tailwind CSS classes: LiteGraph Keys The remaining keys are standard LiteGraph properties used to describe the workflow. UI Components for Mapping Developers can leverage a rich set of UI components for creating user interfaces. Here's a list of available components that can be used and customized with VueJS and Tailwind CSS: Button DragNumber ImageLoader Input ModelPicker Number Preview Prompt PromptTimeline Selector Slider TextArea Toggle BoxDimensions BoxSeed Additionally, HTML elements such as div, p, ul, li, img, iframe, video, and more can be used to enrich the user interface. For layout and structural design, elements like SplitPane, SplitH, SplitV, Tab, TabBox, TabBar, and ToggleSettings offer further customization. The ease of creating new components with VueJS and Tailwind CSS is unmatched, allowing for rapid development and high-quality user interface design. As SDFX moves towards an open-source release, this guide will be invaluable for developers anticipating to engage with a professional and user-centric platform. Enjoy creating with SDFX, and let the simplicity and power of JSON structure enhance your application development process. Upcoming Feature: SDFX App Creator Note: Currently, the process of designing your SDFX application and mapping UI components to node parameters is manual. We understand the intricacies involved and are excited to announce that the release of the SDFX App Creator is on the horizon. The SDFX App Creator will let you create your UI mapping by introducing a visual design interface with drag & drop capabilities. This will greatly simplify the process of linking UI controls with the corresponding node parameters in the workflow graph. Stay tuned for this feature. Installation Make sure your system meets the following requirements: Node.js version 18.9.1 npm version 8.19.1 Python 3.11 Git Windows Then open to install dependencies Error says no Python, but it's installed? A common mistake is forgetting to check the option to add Python to the PATH during installation, as it's often unchecked by default in the installer wizard. Make sure Python is added to your system's environment variables to run the script smoothly. !SDFX Screenshot Linux/MacOs Manual Install Click to expand To perform a manual installation, follow these steps: Install Frontend Dependencies: Navigate to the src directory of SDFX and install the npm dependencies: Clone and Install ComfyUI: Clone the ComfyUI repository into the root directory of SDFX from ComfyUI GitHub and follow the installation instructions provided in the readme to install ComfyUI dependencies. Add the custom node SDFXBridgeForComfyUI Follow the instructions on the repository of the custom node SDFXBridgeForComfyUI to add it to your ComfyUi custom_nodes folder. Create Configuration File: Create a file named sdfx.config.json at the root of your project. Follow the instructions provided here to build the configuration file according to your requirements. Run Start ComfyUI Then start SDFX with: Installation for users already using ComfyUI Locally Click to expand If you already have ComfyUI installed on your machine, follow these steps to integrate SDFX: Clone the SDFXBridgeForComfyUI customnode on your ComfyUI customnode path: For detailed instructions, please refer to the official SDFX for ComfyUI README. Install front-end dependencies and run it: Run Launch SDFX app with ( for Linux/MacOs)

AI-Scalpel-Trading-Bot

AI-Scalpel-Trading-Bot Disclaimer This software is for educational purposes only. Do not risk money which you are afraid to lose. USE THE SOFTWARE AT YOUR OWN RISK. THE AUTHORS AND ALL AFFILIATES ASSUME NO RESPONSIBILITY FOR YOUR TRADING RESULTS. Always start by running a trading bot in Dry-run and do not engage money before you understand how it works and what profit/loss you should expect. This is an implementation of freqtrade where different machine learning implementations will be tested. Freqtrade is a free and open source crypto trading bot written in Python. It is designed to support all major exchanges and be controlled via Telegram. It contains backtesting, plotting and money management tools as well as strategy optimization by machine learning. !freqtrade Exchange marketplaces supported [X] Bittrex [X] Binance (*Note for binance users) [ ] 113 others to tests. (Some of them might not work) Documentation Documentation. Features [x] Based on Python 3.6+: For botting on any operating system - Windows, macOS and Linux. [x] Persistence: Persistence is achieved through sqlite. [x] Dry-run: Run the bot without playing money. [x] Backtesting: Run a simulation of your buy/sell strategy. [x] Strategy Optimization by machine learning: Use machine learning to optimize your buy/sell strategy parameters with real exchange data. [x] Edge position sizing Calculate your win rate, risk reward ratio, the best stoploss and adjust your position size before taking a position for each specific market. Learn more. [x] Whitelist crypto-currencies: Select which crypto-currency you want to trade or use dynamic whitelists. [x] Blacklist crypto-currencies: Select which crypto-currency you want to avoid. [x] Manageable via Telegram: Manage the bot with Telegram. [x] Display profit/loss in fiat: Display your profit/loss in 33 fiat. [x] Daily summary of profit/loss: Provide a daily summary of your profit/loss. [x] Performance status report: Provide a performance status of your current trades. Quick start Freqtrade provides a Linux/macOS script to install all dependencies and help you to configure the bot. Other installations. Basic Usage Bot commands Telegram RPC commands Telegram is not mandatory. However, this is a great way to control your bot. More details on our documentation /start: Starts the trader /stop: Stops the trader /status [table]: Lists all open trades /count: Displays number of open trades /profit: Lists cumulative profit from all finished trades /forcesell |all: Instantly sells the given trade (Ignoring minimum_roi). /performance: Show performance of each finished trade grouped by pair /balance: Show account balance per currency /daily : Shows profit or loss per day, over the last n days /help: Show help message /version: Show version Development branches The project is currently setup in two main branches: develop - This branch has often new features, but might also cause breaking changes. master - This branch contains the latest stable release. The bot 'should' be stable on this branch, and is generally well tested. feat/* - These are feature branches, which are being worked on heavily. Please don't use these unless you want to test a specific feature. A note on Binance For Binance, please add "BNB/" to your blacklist to avoid issues. Accounts having BNB accounts use this to pay for fees - if your first trade happens to be on BNB, further trades will consume this position and make the initial BNB order unsellable as the expected amount is not there anymore. Support Help / Slack For any questions not covered by the documentation or for further information about the bot, I encourage you to join freqtrade's slack channel. Click here to join Slack channel. Bugs / Issues If you discover a bug in the bot, please search their issue tracker first. If it hasn't been reported, please create a new issue and ensure you follow the template guide so that our team can assist you as quickly as possible. Feature Requests Have you a great idea to improve the bot you want to share? Please, first search if this feature was not already discussed. If it hasn't been requested, please create a new request and ensure you follow the template guide so that it does not get lost in the bug reports. Pull Requests Feel like the bot is missing a feature? Keep em pull requests coming! Please read the Contributing document to understand the requirements before sending pull-requests. Coding is not a neccessity to contribute - maybe start with improving our documentation? Issues labeled good first issue can be good first contributions, and will help get you familiar with the codebase. Note before starting any major new feature work, please open an issue describing what you are planning to do or talk to the team on Slack. This will ensure that interested parties can give valuable feedback on the feature, and let others know that you are working on it. Important: Always create your PR against the develop branch, not master. Requirements Uptodate clock The clock must be accurate, syncronized to a NTP server very frequently to avoid problems with communication to the exchanges. Min hardware required To run this bot we recommend you a cloud instance with a minimum of: Minimal (advised) system requirements: 2GB RAM, 1GB disk space, 2vCPU Software requirements Python 3.6.x pip git TA-Lib virtualenv (Recommended) Docker (Recommended)

awesome-quantum-machine-learning

Awesome Quantum Machine Learning A curated list of awesome quantum machine learning algorithms,study materials,libraries and software (by language). Table of Contents INTRODUCTION Why Quantum Machine Learning? BASICS What is Quantum Mechanics? What is Quantum Computing? What is Topological Quantum Computing? Quantum Computing vs Classical Computing QUANTUM COMPUTING Atom Structure Photon wave Electron Fluctuation or spin States SuperPosition SuperPosition specific for machine learning(Quantum Walks) Classical Bit Quantum Bit or Qubit or Qbit Basic Gates in Quantum Computing Quantum Diode Quantum Transistor Quantum Processor Quantum Registery QRAM Quantum Entanglement QUANTUM COMPUTING MACHINE LEARNING BRIDGE Complex Numbers Tensors Tensors Network Oracle Hadamard transform Hilbert Space eigenvalues and eigenvectors Schr¨odinger Operators Quantum lambda calculus Quantum Amplitute Phase Qubits Encode and Decode convert classical bit to qubit Quantum Dirac and Kets Quantum Complexity Arbitrary State Generation QUANTUM ALGORITHMS Quantum Fourier Transform Variational-Quantum-Eigensolver Grovers Algorithm Shor's algorithm Hamiltonian Oracle Model Bernstein-Vazirani Algorithm Simon’s Algorithm Deutsch-Jozsa Algorithm Gradient Descent Phase Estimation Haar Tansform Quantum Ridgelet Transform Quantum NP Problem QUANTUM MACHINE LEARNING ALGORITHMS Quantum K-Nearest Neighbour Quantum K-Means Quantum Fuzzy C-Means Quantum Support Vector Machine Quantum Genetic Algorithm Quantum Hidden Morkov Models Quantum state classification with Bayesian methods Quantum Ant Colony Optimization Quantum Cellular Automata Quantum Classification using Principle Component Analysis Quantum Inspired Evolutionary Algorithm Quantum Approximate Optimization Algorithm Quantum Elephant Herding Optimization Quantum-behaved Particle Swarm Optimization Quantum Annealing Expectation-Maximization QAUNTUM NEURAL NETWORK Quantum perceptrons Qurons Quantum Auto Encoder Quantum Annealing Photonic Implementation of Quantum Neural Network Quantum Feed Forward Neural Network Quantum Boltzman Neural Network Quantum Neural Net Weight Storage Quantum Upside Down Neural Net Quantum Hamiltonian Neural Net QANN QPN SAL Quantum Hamiltonian Learning Compressed Quantum Hamiltonian Learning QAUNTUM STATISTICAL DATA ANALYSIS Quantum Probability Theory Kolmogorovian Theory Quantum Measurement Problem Intuitionistic Logic Heyting Algebra Quantum Filtering Paradoxes Quantum Stochastic Process Double Negation Quantum Stochastic Calculus Hamiltonian Calculus Quantum Ito's Formula Quantum Stochastic Differential Equations(QSDE) Quantum Stochastic Integration Itō Integral Quasiprobability Distributions Quantum Wiener Processes Quantum Statistical Ensemble Quantum Density Operator or Density Matrix Gibbs Canonical Ensemble Quantum Mean Quantum Variance Envariance Polynomial Optimization Quadratic Unconstrained Binary Optimization Quantum Gradient Descent Quantum Based Newton's Method for Constrained Optimization Quantum Based Newton's Method for UnConstrained Optimization Quantum Ensemble Quantum Topology Quantum Topological Data Analysis Quantum Bayesian Hypothesis Quantum Statistical Decision Theory Quantum Minimax Theorem Quantum Hunt-Stein Theorem Quantum Locally Asymptotic Normality Quantum Ising Model Quantum Metropolis Sampling Quantum Monte Carlo Approximation Quantum Bootstrapping Quantum Bootstrap Aggregation Quantum Decision Tree Classifier Quantum Outlier Detection Cholesky-Decomposition for Quantum Chemistry Quantum Statistical Inference Asymptotic Quantum Statistical Inference Quantum Gaussian Mixture Modal Quantum t-design Quantum Central Limit Theorem Quantum Hypothesis Testing Quantum Chi-squared and Goodness of Fit Testing Quantum Estimation Theory Quantum Way of Linear Regression Asymptotic Properties of Quantum Outlier Detection in Quantum Concepts QAUNTUM ARTIFICIAL INTELLIGENCE Heuristic Quantum Mechanics Consistent Quantum Reasoning Quantum Reinforcement Learning QAUNTUM COMPUTER VISION QUANTUM PROGRAMMING LANGUAGES , TOOLs and SOFTWARES ALL QUANTUM ALGORITHMS SOURCE CODES , GITHUBS QUANTUM HOT TOPICS Quantum Cognition Quantum Camera Quantum Mathematics Quantum Information Processing Quantum Image Processing Quantum Cryptography Quantum Elastic Search Quantum DNA Computing Adiabetic Quantum Computing Topological Big Data Anlytics using Quantum Hamiltonian Time Based Quantum Computing Deep Quantum Learning Quantum Tunneling Quantum Entanglment Quantum Eigen Spectrum Quantum Dots Quantum elctro dynamics Quantum teleportation Quantum Supremacy Quantum Zeno Effect Quantum Cohomology Quantum Chromodynamics Quantum Darwinism Quantum Coherence Quantum Decoherence Topological Quantum Computing Topological Quantum Field Theory Quantum Knots Topological Entanglment Boson Sampling Quantum Convolutional Code Stabilizer Code Quantum Chaos Quantum Game Theory Quantum Channel Tensor Space Theory Quantum Leap Quantum Mechanics for Time Travel Quantum Secured Block Chain Quantum Internet Quantum Optical Network Quantum Interference Quantum Optical Network Quantum Operating System Electron Fractionalization Flip-Flop Quantum Computer Quantum Information with Gaussian States Quantum Anomaly Detection Distributed Secure Quantum Machine Learning Decentralized Quantum Machine Learning Artificial Agents for Quantum Designs Light Based Quantum Chips for AI Training QUANTUM STATE PREPARATION ALGORITHM FOR MACHINE LEARNING Pure Quantum State Product State Matrix Product State Greenberger–Horne–Zeilinger State W state AKLT model Majumdar–Ghosh Model Multistate Landau–Zener Models Projected entangled-pair States Infinite Projected entangled-pair States Corner Transfer Matrix Method Tensor-entanglement Renormalization Tree Tensor Network for Supervised Learning QUANTUM MACHINE LEARNING VS DEEP LEARNING QUANTUM MEETUPS QUANTUM GOOGLE GROUPS QUANTUM BASED COMPANIES QUANTUM LINKEDLIN QUANTUM BASED DEGREES CONSOLIDATED QUANTUM ML BOOKS CONSOLIDATED QUANTUM ML VIDEOS CONSOLIDATED QUANTUM ML Reserach Papers CONSOLIDATED QUANTUM ML Reserach Scientist RECENT QUANTUM UPDATES FORUM ,PAGES AND NEWSLETTER INTRODUCTION Why Quantum Machine Learning? Machine Learning(ML) is just a term in recent days but the work effort start from 18th century. What is Machine Learning ? , In Simple word the answer is making the computer or application to learn themselves . So its totally related with computing fields like computer science and IT ? ,The answer is not true . ML is a common platform which is mingled in all the aspects of the life from agriculture to mechanics . Computing is a key component to use ML easily and effectively . To be more clear ,Who is the mother of ML ?, As no option Mathematics is the mother of ML . The world tremendous invention complex numbers given birth to this field . Applying mathematics to the real life problem always gives a solution . From Neural Network to the complex DNA is running under some specific mathematical formulas and theorems. As computing technology growing faster and faster mathematics entered into this field and makes the solution via computing to the real world . In the computing technology timeline once a certain achievements reached peoples interested to use advanced mathematical ideas such as complex numbers ,eigen etc and its the kick start for the ML field such as Artificial Neural Network ,DNA Computing etc. Now the main question, why this field is getting boomed now a days ? , From the business perspective , 8-10 Years before during the kick start time for ML ,the big barrier is to merge mathematics into computing field . people knows well in computing has no idea on mathematics and research mathematician has no idea on what is computing . The education as well as the Job Opportunities is like that in that time . Even if a person tried to study both then the business value for making a product be not good. Then the top product companies like Google ,IBM ,Microsoft decided to form a team with mathematician ,a physician and a computer science person to come up with various ideas in this field . Success of this team made some wonderful products and they started by providing cloud services using this product . Now we are in this stage. So what's next ? , As mathematics reached the level of time travel concepts but the computing is still running under classical mechanics . the companies understood, the computing field must have a change from classical to quantum, and they started working on the big Quantum computing field, and the market named this field as Quantum Information Science .The kick start is from Google and IBM with the Quantum Computing processor (D-Wave) for making Quantum Neural Network .The field of Quantum Computer Science and Quantum Information Science will do a big change in AI in the next 10 years. Waiting to see that........... .(google, ibm). References D-Wave - Owner of a quantum processor Google - Quantum AI Lab IBM - Quantum Computer Lab Quora - Question Regarding future of quantum AI NASA - NASA Quantum Works Youtube - Google Video of a Quantum Processor external-link - MIT Review microsoft new product - Newly Launched Microsoft Quantum Language and Development Kit microsoft - Microsoft Quantum Related Works Google2 - Google Quantum Machine Learning Blog BBC - About Google Quantum Supremacy,IBM Quantum Computer and Microsoft Q Google Quantum Supremacy - Latest 2019 Google Quantum Supremacy Achievement IBM Quantum Supremacy - IBM Talk on Quantum Supremacy as a Primer VICE on the fight - IBM Message on Google Quantum Supremacy IBM Zurich Quantum Safe Cryptography - An interesting startup to replace all our Certificate Authority Via Cloud and IBM Q BASICS What is Quantum Mechanics? In a single line study of an electron moved out of the atom then its classical mechanic ,vibrates inside the atom its quantum mechanics WIKIPEDIA - Basic History and outline LIVESCIENCE. - A survey YOUTUBE - Simple Animation Video Explanining Great. What is Quantum Computing? A way of parallel execution of multiple processess in a same time using qubit ,It reduces the computation time and size of the processor probably in neuro size WIKIPEDIA - Basic History and outline WEBOPEDIA. - A survey YOUTUBE - Simple Animation Video Explanining Great. Quantum Computing vs Classical Computing LINK - Basic outline Quantum Computing Atom Structure one line : Electron Orbiting around the nucleous in an eliptical format YOUTUBE - A nice animation video about the basic atom structure Photon Wave one line : Light nornmally called as wave transmitted as photons as similar as atoms in solid particles YOUTUBE - A nice animation video about the basic photon 1 YOUTUBE - A nice animation video about the basic photon 2 Electron Fluctuation or spin one line : When a laser light collide with solid particles the electrons of the atom will get spin between the orbitary layers of the atom ) YOUTUBE - A nice animation video about the basic Electron Spin 1 YOUTUBE - A nice animation video about the basic Electron Spin 2 YOUTUBE - A nice animation video about the basic Electron Spin 3 States one line : Put a point on the spinning electron ,if the point is in the top then state 1 and its in bottom state 0 YOUTUBE - A nice animation video about the Quantum States SuperPosition two line : During the spin of the electron the point may be in the middle of upper and lower position, So an effective decision needs to take on the point location either 0 or 1 . Better option to analyse it along with other electrons using probability and is called superposition YOUTUBE - A nice animation video about the Quantum Superposition SuperPosition specific for machine learning(Quantum Walks) one line : As due to computational complexity ,quantum computing only consider superposition between limited electrons ,In case to merge more than one set quantum walk be the idea YOUTUBE - A nice video about the Quantum Walks Classical Bits one line : If electron moved from one one atom to other ,from ground state to excited state a bit value 1 is used else bit value 0 used Qubit one line : The superposition value of states of a set of electrons is Qubit YOUTUBE - A nice video about the Quantum Bits 1 YOUTUBE - A nice video about the Bits and Qubits 2 Basic Gates in Quantum Computing one line : As like NOT, OR and AND , Basic Gates like NOT, Hadamard gate , SWAP, Phase shift etc can be made with quantum gates YOUTUBE - A nice video about the Quantum Gates Quantum Diode one line : Quantum Diodes using a different idea from normal diode, A bunch of laser photons trigger the electron to spin and the quantum magnetic flux will capture the information YOUTUBE - A nice video about the Quantum Diode Quantum Transistors one line : A transistor default have Source ,drain and gate ,Here source is photon wave ,drain is flux and gate is classical to quantum bits QUORA -Discussion about the Quantum Transistor YOUTUBE - Well Explained Quantum Processor one line : A nano integration circuit performing the quantum gates operation sorrounded by cooling units to reduce the tremendous amount of heat YOUTUBE - Well Explained Quantum Registery QRAM one line : Comapring the normal ram ,its ultrafast and very small in size ,the address location can be access using qubits superposition value ,for a very large memory set coherent superposition(address of address) be used PDF - very Well Explained QUANTUM COMPUTING MACHINE LEARNING BRIDGE Complex Numbers one line : Normally Waves Interference is in n dimensional structure , to find a polynomial equation n order curves ,better option is complex number YOUTUBE - Wonderful Series very super Explained Tensors one line : Vectors have a direction in 2D vector space ,If on a n dimensional vector space ,vectors direction can be specify with the tensor ,The best solution to find the superposition of a n vector electrons spin space is representing vectors as tensors and doing tensor calculus YOUTUBE - Wonderful super Explained tensors basics YOUTUBE - Quantum tensors basics Tensors Network one line : As like connecting multiple vectors ,multple tensors form a network ,solving such a network reduce the complexity of processing qubits YOUTUBE - Tensors Network Some ideas specifically for quantum algorithms QUANTUM MACHINE LEARNING ALGORITHMS Quantum K-Nearest Neighbour info : Here the centroid(euclidean distance) can be detected using the swap gates test between two states of the qubit , As KNN is regerssive loss can be tally using the average PDF1 from Microsoft - Theory Explanation PDF2 - A Good Material to understand the basics Matlab - Yet to come soon Python - Yet to come soon Quantum K-Means info : Two Approaches possible ,1. FFT and iFFT to make an oracle and calculate the means of superposition 2. Adiobtic Hamiltonian generation and solve the hamiltonian to determine the cluster PDF1 - Applying Quantum Kmeans on Images in a nice way PDF2 - Theory PDF3 - Explaining well the K-means clustering using hamiltonian Matlab - Yet to come soon Python - Yet to come soon Quantum Fuzzy C-Means info : As similar to kmeans fcm also using the oracle dialect ,but instead of means,here oracle optimization followed by a rotation gate is giving a good result PDF1 - Theory Matlab - Yet to come soon Python - Yet to come soon Quantum Support Vector Machine info : A little different from above as here kernel preparation is via classical and the whole training be in oracles and oracle will do the classification, As SVM is linear ,An optimal Error(Optimum of the Least Squares Dual Formulation) Based regression is needed to improve the performance PDF1 - Nice Explanation but little hard to understand :) PDF2 - Nice Application of QSVM Matlab - Yet to come soon Python - Yet to come soon Quantum Genetic Algorithm info : One of the best algorithm suited for Quantum Field ,Here the chromosomes act as qubit vectors ,the crossover part carrying by an evaluation and the mutation part carrying by the rotation of gates ![Flow Chart]() PDF1 - Very Beautiful Article , well explained and superp PDF2 - A big theory :) PDF3 - Super Comparison Matlab - Simulation Python1 - Simulation Python2 - Yet to come Quantum Hidden Morkov Models info : As HMM is already state based ,Here the quantum states acts as normal for the markov chain and the shift between states is using quantum operation based on probability distribution ![Flow Chart]() PDF1 - Nice idea and explanation PDF2 - Nice but a different concept little Matlab - Yet to come Python1 - Yet to come Python2 - Yet to come Quantum state classification with Bayesian methods info : Quantum Bayesian Network having the same states concept using quantum states,But here the states classification to make the training data as reusable is based on the density of the states(Interference) ![Bayesian Network Sample1]() ![Bayesian Network Sample2]() ![Bayesian Network Sample3]() PDF1 - Good Theory PDF2 - Good Explanation Matlab - Yet to come Python1 - Yet to come Python2 - Yet to come Quantum Ant Colony Optimization info : A good algorithm to process multi dimensional equations, ACO is best suited for Sales man issue , QACO is best suited for Sales man in three or more dimension, Here the quantum rotation circuit is doing the peromene update and qubits based colony communicating all around the colony in complex space ![Ant Colony Optimization 1]() PDF1 - Good Concept PDF2 - Good Application Matlab - Yet to come Python1 - Yet to come Python2 - Yet to come Quantum Cellular Automata info : One of the very complex algorithm with various types specifically used for polynomial equations and to design the optimistic gates for a problem, Here the lattice is formed using the quatum states and time calculation is based on the change of the state between two qubits ,Best suited for nano electronics ![Quantum Cellular Automata]() Wikipedia - Basic PDF1 - Just to get the keywords PDF2 - Nice Explanation and an easily understandable application Matlab - Yet to come Python1 - Yet to come Python2 - Yet to come QAUNTUM NEURAL NETWORK one line : Its really one of the hardest topic , To understand easily ,Normal Neural Network is doing parallel procss ,QNN is doing parallel of parallel processess ,In theory combination of various activation functions is possible in QNN ,In Normal NN more than one activation function reduce the performance and increase the complexity Quantum perceptrons info : Perceptron(layer) is the basic unit in Neural Network ,The quantum version of perceptron must satisfy both linear and non linear problems , Quantum Concepts is combination of linear(calculus of superposition) and nonlinear(State approximation using probability) ,To make a perceptron in quantum world ,Transformation(activation function) of non linearity to certain limit is needed ,which is carrying by phase estimation algorithm ![Quantum Perceptron 3]() PDF1 - Good Theory PDF2 - Good Explanation Matlab - Yet to come Python1 - Yet to come Python2 - Yet to come QAUNTUM STATISTICAL DATA ANALYSIS one line : An under research concept ,It can be seen in multiple ways, one best way if you want to apply n derivative for a problem in current classical theory its difficult to compute as its serialization problem instead if you do parallelization of differentiation you must estimate via probability the value in all flows ,Quantum Probability Helps to achieve this ,as the loss calculation is very less . the other way comparatively booming is Quantum Bayesianism, its a solution to solve most of the uncertainity problem in statistics to combine time and space in highly advanced physical research QUANTUM PROGRAMMING LANGUAGES , TOOLs and SOFTWARES All info : All Programming languages ,softwares and tools in alphabetical order Software - Nice content of all Python library - A python library Matlab based python library - Matlab Python Library Quantum Tensor Network Github - Tensor Network Bayesforge - A Beautiful Amazon Web Service Enabled Framework for Quantum Alogorithms and Data Analytics Rigetti - A best tools repository to use quantum computer in real time Rigetti Forest - An API to connect Quantum Computer quil/pyQuil - A quantum instruction language to use forest framework Grove - Grove is a repository to showcase quantum Fourier transform, phase estimation, the quantum approximate optimization algorithm, and others developed using Forest QISKit - A IBM Kit to access quantum computer and mainly for quantum circuits IBM Bluemix Simulator - A Bluemix Simulator for Quantum Circuits Microsoft Quantum Development Kit - Microsoft Visual Studio Enbaled Kit for Quantum Circuit Creation Microsoft "Q#" - Microsoft Q Sharp a new Programming Language for Quantum Circuit Creation qiskit api python - An API to connect IBM Quantum Computer ,With the generated token its easy to connect ,but very limited utils ,Lot of new utils will come soon Cyclops Tensor Framework - A framework to do tensor network simulations Python ToolKit for chemistry and physics Quantum Algorithm simulations - A New Started Project for simulating molecule and solids Bayesian Based Quatum Projects Repository - A nice repository and the kickstarter of bayesforge Google Fermion Products - A newly launched product specifivally for chemistry simulation Tree Tensor Networks - Interesting Tensor Network in Incubator Deep Tensor Neural Network - Some useful information about Tensor Neural Network in Incubator Generative Tensorial Networks - A startup to apply machine learning via tensor network for drug discovery Google Bristlecone - A new Quantum Processor from Google , Aimed for Future Hardwares with full fledged AI support XANADU - A Light based Quantum Hardware(chips supports) and Software Company Started in Preparation Stage. Soon will be in market fathom computing - A new concept to train the ai in a processor using light and quantum based concepts. soon products will be launch Alibaba Quantum Computing Cloud Service - Cloud Service to access 11 Bit Quantum Computing Processor Atomistic Machine Learning Project - Seems something Interesting with Deep Tensor Network for Quantum Chemistry Applications circQ and Google Works - Google Top Efforts on Tools IBM Safe Cryptography on Cloud - IBM Started and Developing a Quantm Safe Cryptography to replace all our Certificate Authority via Cloud Google Tensor Network Open Source - Google Started the Most Scientist Preferred Way To Use a Quantum Computer Circuit. Tensor Flow Which Makes Easy to Design the Network and Will Leave the Work Effect Of Gates, Processor Preparation and also going to tell the beauty of Maths Google Tensor Network Github - Github Project of Google Tensor Network Quantum Tensorflow - Yet to come soon Quantum Spark - Yet to come soon Quatum Map Reduce - Yet to come soon Quantum Database - Yet to come soon Quantum Server - Yet to come soon Quantum Data Analytics - Yet to come soon QUANTUM HOT TOPICS Deep Quantum Learning why and what is deep learning? In one line , If you know deep learning you can get a good job :) ,Even a different platform undergraduated and graduated person done a master specialization in deep learning can work in this big sector :), Practically speaking machine learning (vector mathematics) , deep learning (vector space(Graphics) mathematics) and big data are the terms created by big companies to make a trend in the market ,but in science and research there is no word such that , Now a days if you ask a junior person working in this big companies ,what is deep learning ,you will get some reply as "doing linear regression with stochastic gradient for a unsupervised data using Convolutional Neural Network :)" ,They knows the words clearly and knows how to do programming using that on a bunch of "relative data" , If you ask them about the FCM , SVM and HMM etc algorithms ,they will simply say these are olden days algorithms , deep learning replaced all :), But actually they dont know from the birth to the till level and the effectiveness of algorithms and mathematics ,How many mathematical theorems in vector, spaces , tensors etc solved to find this "hiding the complexity technology", They did not played with real non relative data like medical images, astro images , geology images etc , finding a relation and features is really complex and looping over n number of images to do pattern matching is a giant work , Now a days the items mentioned as deep learning (= multiple hidden artifical neural network) is not suitable for that why quantum deep learning or deep quantum learning? In the mid of Artificial Neural Network Research people realised at the maximum extreme only certain mathematical operations possible to do with ANN and the aim of this ANN is to achieve parallel execution of many mathematical operations , In artificial Intelligence ,the world intelligence stands for mathematics ,how effective if a probem can be solvable is based on the mathematics logic applying on the problem , more the logic will give more performance(more intelligent), This goal open the gate for quantum artificial neural network, On applying the ideas behind the deep learning to quantum mechanics environment, its possible to apply complex mathematical equations to n number of non relational data to find more features and can improve the performance Quantum Machine Learning vs Deep Learning Its fun to discuss about this , In recent days most of the employees from Product Based Companies Like google,microsoft etc using the word deep learning ,What actually Deep Learning ? and is it a new inventions ? how to learn this ? Is it replacing machine learning ? these question come to the mind of junior research scholars and mid level employees The one answer to all questions is deep learning = parallel "for" loops ,No more than that ,Its an effective way of executing multiple tasks repeatly and to reduce the computation cost, But it introduce a big cap between mathematics and computerscience , How ? All classical algorithms based on serial processing ,Its depends on the feedback of the first loop ,On applying a serial classical algorithm in multiple clusters wont give a good result ,but some light weight parallel classical algorithms(Deep learning) doing the job in multiple clusters and its not suitable for complex problems, What is the solution for then? As in the title Quantum Machine Learning ,The advantage behind is deep learning is doing the batch processing simply on the data ,but quantum machine learning designed to do batch processing as per the algorithm The product companies realised this one and they started migrating to quantum machine learning and executing the classical algorithms on quantum concept gives better result than deep learning algorithms on classical computer and the target to merge both to give very wonderful result References Quora - Good Discussion Quora - The Bridge Discussion Pdf - Nice Discussion Google - Google Research Discussion Microsoft - Microsoft plan to merge both IBM - IBM plan to merge both IBM Project - IBM Project idea MIT and Google - Solutions for all questions QUANTUM MEETUPS Meetup 1 - Quantum Physics Meetup 2 - Quantum Computing London Meetup 3 - Quantum Computing New York Meetup 4 - Quantum Computing Canada Meetup 5 - Quantum Artificial Intelligence Texas Meetup 6 - Genarl Quantum Mechanics , Mathematics New York Meetup 7 - Quantum Computing Mountain View California Meetup 8 - Statistical Analysis New York Meetup 9 - Quantum Mechanics London UK Meetup 10 - Quantum Physics Sydney Australia Meetup 11 - Quantum Physics Berkeley CA Meetup 12 - Quantum Computing London UK Meetup 13 - Quantum Mechanics Carmichael CA Meetup 14 - Maths and Science Group Portland Meetup 15 - Quantum Physics Santa Monica, CA Meetup 16 - Quantum Mechanics London Meetup 17 - Quantum Computing London Meetup 18 - Quantum Meta Physics ,Kansas City , Missouri ,US Meetup 19 - Quantum Mechanics and Physics ,Boston ,Massachusetts ,US Meetup 20 - Quantum Physics and Mechanics ,San Francisco ,California Meetup 21 - Quantum Mechanics ,Langhorne, Pennsylvania Meetup 22 - Quantum Mechanics ,Portland QUANTUM BASED DEGREES Plenty of courses around the world and many Universities Launching it day by day ,Instead of covering only Quantum ML , Covering all Quantum Related topics gives more idea in the order below Available Courses Quantum Mechanics for Science and Engineers Online Standford university - Nice Preparatory Course edx - Quantum Mechanics for Everyone NPTEL 1 - Nice Series of Courses to understand basics and backbone of quantum mechanics NPTEL 2 NPTEL 3 NPTEL 4 NPTEL 5 Class Based Course UK Bristol Australia Australian National University Europe Maxs Planks University Quantum Physics Online MIT - Super Explanation and well basics NPTEL - Nice Series of Courses to understand basics and backbone of quantum Physics Class Based Course Europe University of Copenhagen Quantum Chemistry Online NPTEL 1 - Nice Series of Courses to understand basics and backbone of quantum Chemistry NPTEL 2 - Class Based Course Europe UGent Belgium Quantum Computing Online MIT - Super Explanation and well basics edx - Nice Explanation NPTEL - Nice Series of Courses to understand basics and backbone of quantum Computing Class Based Course Canada uwaterloo Singapore National University Singapore USA Berkley China Baidu Quantum Technology Class Based Course Canada uwaterloo Singapore National University Singapore Europe Munich Russia Skoltech Quantum Information Science External Links quantwiki Online MIT - Super Explanation and well basics edx - Nice Explanation NPTEL - Nice Series of Courses to understand basics and backbone of quantum information and computing Class Based Course USA MIT Standford University Joint Center for Quantum Information and Computer Science - University of Maryland Canada Perimeter Institute Singapore National University Singapore Europe ULB Belgium IQOQI Quantum Electronics Online MIT - Wonderful Course NPTEL - Nice Series of Courses to understand basics and backbone of quantum Electronics Class Based Course USA Texas Europe Zurich ICFO Asia Tata Institute Quantum Field Theory Online Standford university - Nice Preparatory Course edx - Some QFT Concepts available Class Based Course UK Imperial Europe Vrije Quantum Computer Science Class Based Course USA Oxford Joint Center for Quantum Information and Computer Science - University of Maryland Quantum Artificial Intelligence and Machine Learning External Links Quora 1 Quora 1 Artificial Agents Research for Quantum Designs Quantum Mathematics Class Based Course USA University of Notre CONSOLIDATED Quantum Research Papers scirate - Plenty of Quantum Research Papers Available Peter Wittek - Famous Researcher for the Quantum Machine Leanrning , Published a book in this topic [Murphy Yuezhen Niu] (https://scholar.google.com/citations?user=0wJPxfkAAAAJ&hl=en) - A good researcher published some nice articles Recent Quantum Updates forum ,pages and newsletter Quantum-Tech - A Beautiful Newsletter Page Publishing Amazing Links facebook Quantum Machine Learning - Running By me . Not that much good :). You can get some ideas Linkedlin Quantum Machine Learning - A nice page running by experts. Can get plenty of ideas FOSDEM 2019 Quantum Talks - A one day talk in fosdem 2019 with more than 10 research topics,tools and ideas FOSDEM 2020 Quantum Talks - Live talk in fosdem 2020 with plenty new research topics,tools and ideas License Dedicated Opensources ![Dedicated Opensources]() Source code of plenty of Algortihms in Image Processing , Data Mining ,etc in Matlab, Python ,Java and VC++ Scripts Good Explanations of Plenty of algorithms with flow chart etc Comparison Matrix of plenty of algorithms Is Quantum Machine Learning Will Reveal the Secret Maths behind Astrology? Awesome Machine Learning and Deep Learning Mathematics is online Published Basic Presentation of the series Quantum Machine Learning Contribution If you think this page might helpful. Please help for World Education Charity or kids who wants to learn

machine-learning-blackjack-solution

machine-learning-blackjack-solution Introduction A genetic algorithm is a type of artificial intelligence programming that uses ideas from evolution to solve complex problems. It works by creating a population of (initially random) candidate solutions, then repeatedly selecting pairs of candidates and combining their solutions using a process similar to genetic crossover. Sometimes candidate solutions even go through mutation, just to introduce new possibilities into the population. After a large number of generations, the best solution found up to that point is often the optimal, best solution possible. Genetic algorithms are particularly well-suited for combinatorial problems, where there are huge numbers of potential solutions to a problem. The evolutionary process they go through is, in essence, a search through a huge solution space. A solution space so large that you simply could never use a brute force approach. This project is a demonstration of using a genetic algorithm to find an optimal strategy for playing the casino game Blackjack. Please see this article for a story about how this program was used, and what the results were. The article describes some of the available settings, and shows how different values for those settings affect the final result. The source code is for a Windows application written in Cthat allows you to play with different settings like population size, selection style and mutation rate. Each generation's best solution is displayed, so you can watch the program literally evolve a solution. !blackjack strategy tester screenshot The property grid located at the upper left of the screen is where you adjust settings. There's an informational area below that, and the right side of the screen is the display area for the three tables that represent a strategy for playing Blackjack. The tall table on the left is for hard hands, the table in the upper right is for soft hands, and the table in the lower right is for pairs. We'll talk more about how to interpret this strategy in a bit. The columns along the tops of the three tables are for the dealer upcard. When you play Blackjack the dealer has one of his two cards initially turned face up, and the rank of that card has a big impact on recommended strategy. Notice that the upcard ranks don't include Jack, Queen or King. That's because those cards all count 10, so we group them and the Ten together and simplify the tables. To use the tables, first, determine if you have a pair, soft hand, or hard hand. Then look in the appropriate table, with the correct dealer upcard column. The cell in the table will be "H" when the correct strategy is to hit, "S" when the correct strategy is to stand, "D" for double-down, and (in the pairs table only) "P" for split. A Word About This "Optimal" Strategy Before we go any further, it needs to be stated that this problem of finding an optimal Blackjack strategy has already been solved. Back in the 1960s, a mathematician named Edward O. Thorp authored a book called Beat the Dealer, which included charts showing the optimal "Basic" strategy. That strategy looks like this: !optimal blackjack strategy So we're solving a problem that has already been solved, but that's actually good. That means we can compare our results to the known best solution. For example, if our result strategy tells us to do anything but stand when holding a pair of Tens, Jacks, Queens or Kings, we know there's a problem. There's one other thing to get out of the way before we go any further, and that's the idea of nondeterministic code. That means that if we run the same code twice in a row, we're likely to get two different results. That's something that happens with genetic algorithms due to their inherent randomness. There's no guarantee you'll find the absolute optimal solution, but it is assured that you will find an optimal or near-optimal solution. It's something that isn't typical when writing code, so it takes some adjustment for most programmers. Genetic Algorithms Now let's talk about the details of a genetic algorithm. Fitness Scores First of all, we need a way to evaluate candidates so we can compare them to each other. That means a numeric fitness score, which in this case is quite simple: you simulate playing a certain number of hands using the strategy, and then count the number of chips you have at the end. The big question is, how many hands should we test with? The challenge of trying to test a strategy is that due to the innate randomness of Blackjack, you could use the same strategy ten times and get ten completely different results. Obviously, the more hands you play, the more the randomness gets smoothed out, and the quality of the underlying strategy starts to emerge. If you doubt this, just think about flipping a coin. If you only flip it five times, there's certainly a possibility that it'll come up heads all five times (in fact, that happens just over 3% of the time). However, if you flip it 500 times, there's no way it's going to end up all heads - the odds of it happening are 0.5500, which works out to be roughly once every 3 x 10150 times you try it. After some testing and analysis, it was determined that a minimum of 100,000 hands per test is needed for a reasonable level of accuracy. There's still variance even at that number, but in order to cut the variance in half, you'd need to bump the number of hands to 500,000. One reason this accuracy is important is that in the later generations, the differences between candidates are very small. Evolution has caused the main parts of the strategy to converge on a particular approach, and towards the end all it's doing is refining the minor details. In those cases it's important to accurately determine the difference between two similar candidates. Representation Representation is simply the idea that we need to use a data structure for a candidate solution that can be combined via crossover, and possibly mutated. In this case, that's also quite simple because the way that human beings represent a Blackjack strategy is to use three tables, as we've seen. Representing those in code with three two-dimensional arrays is the obvious approach. Each cell in those three tables will have "Hit", "Stand", "Double-Down", or (only for pairs) "Split". By the way, since there are 160 cells in the hard hands table, and 80 cells in the soft hands table, and 100 cells in the pairs table, we can calculate exactly how many possible distinct strategies there are for Blackjack: 4100 x 380 x 3160 = 5 x 10174 possible Blackjack strategies That's a big number, which is obviously impossible to search using brute force. Genetic algorithms (GAs) are extremely helpful when trying to find an optimal solution from a very large set of possible solutions like this. Blackjack Rules and Strategies The rules of Blackjack are fairly simple. The dealer and the player both are dealt two cards. The player sees both of their cards (they are usually dealt face up), and one of the dealer's cards is dealt face up. Each card has a value - for cards between 2 and 10, the value is the same as the card's rank (so an Eight of Spades counts as 8, for example). All face cards count as 10, and an Ace can either be 1 or 11 (it counts as 11 only when that does not result in a hand that exceeds 21). The suit of a card does not matter. After the cards are dealt, if the player has Blackjack (a total of 21) and the dealer does not, the player is immediately paid 1.5 times their original bet, and a new hand is dealt. If the player has 21 and the dealer does also, then it's a tie and the player gets their original bet back, and a new hand is dealt. If the player wasn't dealt a Blackjack, then play continues with the player deciding whether to Stand (not get any more cards), Hit (receive an additional card), Double-down (place an additional bet, and receive one and only one more card), or, in the case of holding a pair, splitting the hand, which means placing an additional bet and receiving two new cards, so the end result is that the player is now playing two (or, in the case of multiple splits, more than two) hands simultaneously. If the player hits or double-downs and has a resulting hand that exceeds 21, then they lose and play continues with the next hand. If not, then the dealer draws until their hand totals at least 17. If the dealer exceeds 21 at this point, the player receives a payment equal to twice their original bet. If the dealer doesn't exceed 21, then the hands are compared and the player with the highest total that doesn't exceed 21 wins. Because of these rules, certain effective strategies emerge. One common strategy is that if you hold a hard hand with a value of 20, 19 or 18, you should Stand, since you avoid busting by going over 21, and you have a nice hand total that might win in a showdown with the dealer. Another common strategy is to split a pair of Aces, since Aces are so powerful (due to the fact that count as 11 or 1, you can often Hit a hand with a soft Ace with no risk of busting). Likewise, splitting a pair of 8s is a good idea because with a hard total of 16, it's likely you will bust if you take a Hit (since so many cards count as 10). As a human being, all it takes is a little knowledge about the rules in order to construct a strategy. The GA program doesn't have that advantage, and operates completely without any pre-programmed knowledge of Blackjack. It simply uses the relative fitness scores and the mechanism of evolution to find the solution. GA Settings There are many variables or settings for a GA. You can adjust population size, how parent candidates are selected, how the resulting children may be mutated, and several other items. The following sections describe some of these settings: Setting: Selection Style Once we've solved representation and have a fitness function, the next step is to select two candidates for crossover during the process of building a new generation. There are three common styles for selection, and this program supports all of them. First, you can choose Roulette Wheel selection. It's named for a Roulette wheel because you can imagine each candidate's fitness score being a wedge in a pie chart, with a size proportionate to its relative fitness compared to the other candidates. (Of course, this assumes that all fitness scores are positive, which we will talk about shortly). The main benefit of Roulette Wheel selection is that selection is fitness-proportionate. Imagine if you had only three candidates, with fitness scores of 1, 3, and 8. The relative selection probabilities for those candidates will be 1/12, 3/12, and 8/12. The downside of Roulette Wheel selection is that it tends to be somewhat slow in terms of processing. The selection process is done by iterating through the candidates until a particular condition is matched - in other words, O(N) performance. Another potential problem with Roulette Wheel selection is that there may be situations where fitness scores vary widely, to such an extent that only certain candidates have any reasonable chance of being selected. This happens frequently in early generations, since the majority of candidates are mostly random. Although this might sound like a positive (since you ultimately want to select candidates with high fitness scores), it also results in a loss of genetic diversity. In other words, even though a particular candidate may have a low fitness score in an early generation, it may contain elements that are needed to find the ultimate solution in later generations. Ranked Selection is the solution to this problem. Instead of using raw fitness scores during the selection process, the candidates are sorted by fitness, with the worst candidate receiving a score of 0, the second worse receiving 1, and so forth, all the way to the best candidate, which has a score equal to the population size - 1. Ranked Selection is quite slow, since it combines the O(N) performance of Roulette Wheel, with the additional requirement that the candidates be sorted before selection. However, there may be circumstances where it performs better than other selection approaches. Finally, the fastest selection method of all is called Tournament Selection. This method simply selects N random candidates from the current generation, and then uses the one with the best fitness score. A tournament size of 2 means two random candidates are selected, and the best of those two is used. If you have a large tournament size (like 10), then 10 different candidates will be selected, with the best of those being the ultimate selection. That obviously tilts the balance between randomness and quality. Tournament selection works well in most cases, but it does require some experimentation to find the best tourney size. Setting: Elitism Elitism is a technique that helps ensure that the best candidates are always maintained. Since all selection methods are random to some degree, it is possible to completely lose the best candidates from one generation to another. By using Elitism, we automatically advance a certain percentage of the best candidates to the next generation. Elitism does have a negative impact on performance since all of the candidates must be sorted by fitness score. Typically Elitism is done before filling the rest of a new generation with new candidates created by crossover. Crossover Details Once two candidate solutions have been selected, the next step in building a new generation is to combine those two into a single new candidate, hopefully using the best of both parent strategies. There are a number of ways to do crossover, but the method used in this program is quite straightforward - the two fitness scores are compared, and crossover happens in a relatively proportionate way. If one candidate has a fitness of 10, and the other has a fitness of 5, then the one with fitness 10 contributes twice as much to the child as the parent with a fitness of 5. Since the fitness scores in this program are based on how much the strategy would win over thousands of hands, almost all fitness scores will be negative. (This is obviously because the rules are set up so the house always wins.) This makes it difficult to calculate relative fitnesses (how do you compare a positive number with a negative, and find relative proportions?), and also causes problems with selection methods like Roulette Wheel or Ranked. To solve this, we find the lowest fitness score of the generation and add that value to each candidate. This results in an adjusted fitness score of 0 for the very worse candidate, so it never gets selected. Mutation As has been mentioned a few times, maintaining genetic diversity in our population of candidate solutions is a good thing. It helps the GA ultimately find the very best solution, by occasionally altering a candidate in a positive direction. There are two settings for mutation. MutationRate controls what percentage of new candidates have mutation done on them. MutationImpact controls what percentage of their strategy is randomized. Population Size Population size has a significant impact on performance. The smaller the population size, the faster the GA will execute. On the other hand, if the size is too low the population may not have enough genetic diversity to find the ultimate solution. During testing, it looks like 700 to 1000 is a good balance between speed and correctness. Performance Notes This program consumes a lot of processing power. Running tests of hundreds of thousands of hands of Blackjack for hundreds or thousands of candidates consumes a lot of time. It's really imperative to write the code so that it works as efficiently as possible. If your CPU isn't consistently at or above 95% usage, there's still room for improvement. Multi-threading is a natural fit for genetic algorithms because we often want to perform the same action on each candidate. The best example of this is when we calculate fitness scores. This is often an operation that takes quite a bit of time. In our case, we're dealing out 100,000 hands, and each hand has to be played until the end. If we're single-threading that code, it's going to take a long time. Multi-threading is really the way to go. Luckily, there's a ridiculously simple way to efficiently use all of your processors for an operation like this. This code loops over all of the candidates in the currentGeneration list, calls the fitness function and sets the fitness property for each: Regardless of the number of items in the list or the number of processors on your machine, the code will efficiently run the code in a multi-threaded manner, and continue only when all of the threads are complete. One of the side effects of making this code multi-threaded is that all of the code relating to evaluating a candidate must be thread-safe, including any Singleton objects. When making code thread-safe, pay attention that you don't accidentally introduce code that will slow your program down unintentionally, because sometimes it can be quite subtle. Random numbers are central to how genetic algorithms work, so it's critical that they can be used correctly from a multithreaded environment. That means that each random number generator must be separate from the others, and it also means that each must produce a distinct series of random numbers. Random number generators use seed values which are usually time-based, like the number of milliseconds the computer has been turned on. Starting with that seed, subsequent calls will return a series of numbers that look random, but really aren't. If you start with the same seed, you get the same sequence. And that's a problem because if you create multiple random number generator objects in a loop using the default time-based seed, several of them will have the same time-based initial seed value, which will result in the same sequence of "random" numbers. That's a bug, because it can reduce the true randomness of the program a great deal, and that's vital to a genetic algorithm. There are a couple of ways to solve this problem. First, you can make the random object truly a singleton, and restrict access to it by using a Clock statement. The makes all access serialized for any random number need, which reduces performance. Another approach is to make the variable static per thread. By declaring the variable as static and also marking it with the [ThreadStatic] attribute, the .NET runtime allocates one static variable per thread. That eliminates the locking/serialization, but also has performance issues. The approach used in this application is to use a non-default seed value. In this case we call Guid.NewGuid().GetHashCode(), which generates a new, unique GUID, then gets an integer hashcode value that should be unique, depending on how GetHashCode is implemented. While multithreading really helps performance, there are also other things we can do to improve performance. For example, when dealing with large populations, the hundreds or thousands of objects that will be generated each generation can quickly turn into a huge problem related to garbage collection. In the end, the easiest way to solve that is to look through the code and find objects being allocate inside a loop. It's better to declare the variable outside of the loop, and then clear it in the loop, rather than reallocate it. In a program like this one where you could be looping hundreds of thousands of times, this can result in a very significant performance boost. For example, in an early version of this code, a Deck object was created for each hand. Since there are hundreds of candidate solutions running hundreds of thousands of trial hands, this was a huge inefficiency. The code was changed to allocate one deck per test sequence. The deck was shuffled as needed, so it never needs to be reallocated. Beyond the cards in the deck, another object type that was repeatedly created and destroyed were the candidate strategies. To mitigate this problem, a StrategyPool class was created that handles allocation and deallocation. This means that strategy objects are reused, rather than dynamically created when needed. The pool class has to be thread-safe, so it does serialize access to its methods via a Clock statement, but overall using the pool approach produced a good performance increase. Finally, a subtle form of object allocation is conversion. In an early version of the code, a utility card function used Convert.ToInt32(rankEnum). Obviously, the easiest way to convert from an enum to an int is simply to cast it, like (int)rankEnum. But it's hard to know exactly what the difference is between that approach, int.Parse(), int.TryParse(), or Convert.ToInt32(), since they can all be used and are roughly equivalent. Perhaps the compiler was boxing the enum value before passing it to Convert.ToInt32(), because the profiler identified this as a function that had large amounts of thread contention waiting - and the problem got much, much worse as the generations passed. By rewriting the conversion to use a simple cast, the program performance increased threefold (3x). Contributing Please read CONTRIBUTING.md for details on our code of conduct, and the process for submitting pull requests to us. Author Greg Sommerville - Initial work* License This project is licensed under the Apache 2.0 License - see the LICENSE.md file for details

Solana_AIAgent_Trading

Solana AI Agent Trading Tool An open-source trading toolkit for connecting AI agents to Solana protocols. Now, any agent, using any model can autonomously perform 15+ Solana actions: Trade tokens Launch new tokens Lend assets Send compressed airdrops Execute blinks Launch tokens on AMMs And more... 💬 Contact Me If you have any question or something, feel free to reach out me anytime via telegram, discord or twitter. 🌹 You're always welcome 🌹 Telegram: @Leo Replit template created by Arpit Singh 🔧 Core Blockchain Features Token Operations Deploy SPL tokens by Metaplex Transfer assets Balance checks Stake SOL Zk compressed Airdrop by Light Protocol and Helius NFTs on 3.Land Create your own collection NFT creation and automatic listing on 3.land List your NFT for sale in any SPL token NFT Management via Metaplex Collection deployment NFT minting Metadata management Royalty configuration DeFi Integration Jupiter Exchange swaps Launch on Pump via PumpPortal Raydium pool creation (CPMM, CLMM, AMMv4) Orca Whirlpool integration Manifest market creation, and limit orders Meteora Dynamic AMM, DLMM Pool, and Alpha Vault Openbook market creation Register and Resolve SNS Jito Bundles Pyth Price feeds for fetching Asset Prices Register/resolve Alldomains Perpetuals Trading with Adrena Protocol Drift Vaults, Perps, Lending and Borrowing Solana Blinks Lending by Lulo (Best APR for USDC) Send Arcade Games JupSOL staking Solayer SOL (sSOL)staking Non-Financial Actions Gib Work for registering bounties 🤖 AI Integration Features LangChain Integration Ready-to-use LangChain tools for blockchain operations Autonomous agent support with React framework Memory management for persistent interactions Streaming responses for real-time feedback Vercel AI SDK Integration Vercel AI SDK for AI agent integration Framework agnostic support Quick and easy toolkit setup Autonomous Modes Interactive chat mode for guided operations Autonomous mode for independent agent actions Configurable action intervals Built-in error handling and recovery AI Tools DALL-E integration for NFT artwork generation Natural language processing for blockchain commands Price feed integration for market analysis Automated decision-making capabilities 📃 Documentation You can view the full documentation of the kit at docs.solanaagentkit.xyz 📦 Installation Quick Start Usage Examples Deploy a New Token Create NFT Collection on 3Land Create NFT on 3Land When creating an NFT using 3Land's tool, it automatically goes for sale on 3.land website Create NFT Collection Swap Tokens Lend Tokens Stake SOL Stake SOL on Solayer Send an SPL Token Airdrop via ZK Compression Fetch Price Data from Pyth Open PERP Trade Close PERP Trade Close Empty Token Accounts Create a Drift account Create a drift account with an initial token deposit. Create a Drift Vault Create a drift vault. Deposit into a Drift Vault Deposit tokens into a drift vault. Deposit into your Drift account Deposit tokens into your drift account. Derive a Drift Vault address Derive a drift vault address. Do you have a Drift account Check if agent has a drift account. Get Drift account information Get drift account information. Request withdrawal from Drift vault Request withdrawal from drift vault. Carry out a perpetual trade using a Drift vault Open a perpertual trade using a drift vault that is delegated to you. Carry out a perpetual trade using your Drift account Open a perpertual trade using your drift account. Update Drift vault parameters Update drift vault parameters. Withdraw from Drift account Withdraw tokens from your drift account. Borrow from Drift Borrow tokens from drift. Repay Drift loan Repay a loan from drift. Withdraw from Drift vault Withdraw tokens from a drift vault after the redemption period has elapsed. Update the address a Drift vault is delegated to Update the address a drift vault is delegated to. Get Voltr Vault Position Values Get the current position values and total value of assets in a Voltr vault. Deposit into Voltr Strategy Deposit assets into a specific strategy within a Voltr vault. Withdraw from Voltr Strategy Withdraw assets from a specific strategy within a Voltr vault. Get a Solana asset by its ID Get a price inference from Allora Get the price for a given token and timeframe from Allora's API List all topics from Allora Get an inference for an specific topic from Allora Examples LangGraph Multi-Agent System The repository includes an advanced example of building a multi-agent system using LangGraph and Solana Agent Kit. Located in examples/agent-kit-langgraph, this example demonstrates: Multi-agent architecture using LangGraph's StateGraph Specialized agents for different tasks: General purpose agent for basic queries Transfer/Swap agent for transaction operations Read agent for blockchain data queries Manager agent for routing and orchestration Fully typed TypeScript implementation Environment-based configuration Check out the LangGraph example for a complete implementation of an advanced Solana agent system. Dependencies The toolkit relies on several key Solana and Metaplex libraries: @solana/web3.js @solana/spl-token @metaplex-foundation/digital-asset-standard-api @metaplex-foundation/mpl-token-metadata @metaplex-foundation/mpl-core @metaplex-foundation/umi @lightprotocol/compressed-token @lightprotocol/stateless.js Contributing Contributions are welcome! Please feel free to submit a Pull Request. Refer to CONTRIBUTING.md for detailed guidelines on how to contribute to this project. Contributors Star History License Apache-2 License Funding If you wanna give back any tokens or donations to the OSS community -- The Public Solana Agent Kit Treasury Address: Solana Network : EKHTbXpsm6YDgJzMkFxNU1LNXeWcUW7Ezf8mjUNQQ4Pa Security This toolkit handles private keys and transactions. Always ensure you're using it in a secure environment and never share your private keys.

voicefilter

VoiceFilter Note from Seung-won (2020.10.25) Hi everyone! It's Seung-won from MINDs Lab, Inc. It's been a long time since I've released this open-source, and I didn't expect this repository to grab such a great amount of attention for a long time. I would like to thank everyone for giving such attention, and also Mr. Quan Wang (the first author of the VoiceFilter paper) for referring this project in his paper. Actually, this project was done by me when it was only 3 months after I started studying deep learning & speech separation without a supervisor in the relevant field. Back then, I didn't know what is a power-law compression, and the correct way to validate/test the models. Now that I've spent more time on deep learning & speech since then (I also wrote a paper published at Interspeech 2020 😊), I can observe some obvious mistakes that I've made. Those issues were kindly raised by GitHub users; please refer to the Issues and Pull Requests for that. That being said, this repository can be quite unreliable, and I would like to remind everyone to use this code at their own risk (as specified in LICENSE). Unfortunately, I can't afford extra time on revising this project or reviewing the Issues / Pull Requests. Instead, I would like to offer some pointers to newer, more reliable resources: VoiceFilter-Lite: This is a newer version of VoiceFilter presented at Interspeech 2020, which is also written by Mr. Quan Wang (and his colleagues at Google). I highly recommend checking this paper, since it focused on a more realistic situation where VoiceFilter is needed. List of VoiceFilter implementation available on GitHub: In March 2019, this repository was the only available open-source implementation of VoiceFilter. However, much better implementations that deserve more attention became available across GitHub. Please check them, and choose the one that meets your demand. PyTorch Lightning: Back in 2019, I could not find a great deep-learning project template for myself, so I and my colleagues had used this project as a template for other new projects. For people who are searching for such project template, I would like to strongly recommend PyTorch Lightning. Even though I had done a lot of effort into developing my own template during 2019 (VoiceFilter -> RandWireNN -> MelNet -> MelGAN), I found PyTorch Lightning much better than my own template. Thanks for reading, and I wish everyone good health during the global pandemic situation. Best regards, Seung-won Park Unofficial PyTorch implementation of Google AI's: VoiceFilter: Targeted Voice Separation by Speaker-Conditioned Spectrogram Masking. Result Training took about 20 hours on AWS p3.2xlarge(NVIDIA V100). Audio Sample Listen to audio sample at webpage: http://swpark.me/voicefilter/ Metric | Median SDR | Paper | Ours | | ---------------------- | ----- | ---- | | before VoiceFilter | 2.5 | 1.9 | | after VoiceFilter | 12.6 | 10.2 | SDR converged at 10, which is slightly lower than paper's. Dependencies Python and packages This code was tested on Python 3.6 with PyTorch 1.0.1. Other packages can be installed by: Miscellaneous ffmpeg-normalize is used for resampling and normalizing wav files. See README.md of ffmpeg-normalize for installation. Prepare Dataset Download LibriSpeech dataset To replicate VoiceFilter paper, get LibriSpeech dataset at http://www.openslr.org/12/. train-clear-100.tar.gz(6.3G) contains speech of 252 speakers, and train-clear-360.tar.gz(23G) contains 922 speakers. You may use either, but the more speakers you have in dataset, the more better VoiceFilter will be. Resample & Normalize wav files First, unzip tar.gz file to desired folder: Next, copy utils/normalize-resample.sh to root directory of unzipped data folder. Then: Edit config.yaml Preprocess wav files In order to boost training speed, perform STFT for each files before training by: This will create 100,000(train) + 1000(test) data. (About 160G) Train VoiceFilter Get pretrained model for speaker recognition system VoiceFilter utilizes speaker recognition system (d-vector embeddings). Here, we provide pretrained model for obtaining d-vector embeddings. This model was trained with VoxCeleb2 dataset, where utterances are randomly fit to time length [70, 90] frames. Tests are done with window 80 / hop 40 and have shown equal error rate about 1%. Data used for test were selected from first 8 speakers of VoxCeleb1 test dataset, where 10 utterances per each speakers are randomly selected. Update: Evaluation on VoxCeleb1 selected pair showed 7.4% EER. The model can be downloaded at this GDrive link. Run After specifying traindir, testdir at config.yaml, run: This will create chkpt/name and logs/name at base directory(-b option, . in default) View tensorboardX Resuming from checkpoint Evaluate Possible improvments Try power-law compressed reconstruction error as loss function, instead of MSE. (See #14) Author Seungwon Park at MINDsLab (yyyyy@snu.ac.kr, swpark@mindslab.ai) License Apache License 2.0 This repository contains codes adapted/copied from the followings: utils/adabound.py from https://github.com/Luolc/AdaBound (Apache License 2.0) utils/audio.py from https://github.com/keithito/tacotron (MIT License) utils/hparams.py from https://github.com/HarryVolek/PyTorchSpeakerVerification (No License specified) utils/normalize-resample.sh from https://unix.stackexchange.com/a/216475

dcai-lab

Lab assignments for Introduction to Data-Centric AI This repository contains the lab assignments for the Introduction to Data-Centric AI class. Contributions are most welcome! If you have ideas for improving the labs, please open an issue or submit a pull request. If you're looking for the 2023 version of the labs, check out the 2023 branch. [Lab 1: Data-Centric AI vs. Model-Centric AI][lab-1] The [first lab assignment][lab-1] walks you through an ML task of building a text classifier, and illustrates the power (and often simplicity) of data-centric approaches. [lab-1]: datacentricmodel_centric/Lab%20-%20Data-Centric%20AI%20vs%20Model-Centric%20AI.ipynb [Lab 2: Label Errors][lab-2] [This lab][lab-2] guides you through writing your own implementation of automatic label error identification using Confident Learning, the technique taught in [today’s lecture][lec-2]. [lab-2]: label_errors/Lab%20-%20Label%20Errors.ipynb [lec-2]: https://dcai.csail.mit.edu/lectures/label-errors/ [Lab 3: Dataset Creation and Curation][lab-3] [This lab assignment][lab-3] is to analyze an already collected dataset labeled by multiple annotators. [lab-3]: dataset_curation/Lab%20-%20Dataset%20Curation.ipynb [Lab 4: Data-centric Evaluation of ML Models][lab-4] [This lab assignment][lab-4] is to try improving the performance of a given model solely by improving its training data via some of the various strategies covered here. [lab-4]: datacentricevaluation/Lab%20-%20Data-Centric%20Evaluation.ipynb [Lab 5: Class Imbalance, Outliers, and Distribution Shift][lab-5] [The lab assignment][lab-5] for this lecture is to implement and compare different methods for identifying outliers. For this lab, we've focused on anomaly detection. You are given a clean training dataset consisting of many pictures of dogs, and an evaluation dataset that contains outliers (non-dogs). Your task is to implement and compare various methods for detecting these outliers. You may implement some of the ideas presented in [today's lecture][lec-5], or you can look up other outlier detection algorithms in the linked references or online. [lab-5]: outliers/Lab%20-%20Outliers.ipynb [lec-5]: https://dcai.csail.mit.edu/lectures/imbalance-outliers-shift/ [Lab 6: Growing or Compressing Datasets][lab-6] [This lab][lab-6] guides you through an implementation of active learning. [lab-6]: growing_datasets/Lab%20-%20Growing%20Datasets.ipynb [Lab 7: Interpretability in Data-Centric ML][lab-7] [This lab][lab-7] guides you through finding issues in a dataset’s features by applying interpretability techniques. [lab-7]: interpretable_features/Lab%20-%20Interpretable%20Features.ipynb [Lab 8: Encoding Human Priors: Data Augmentation and Prompt Engineering][lab-8] [This lab] guides you through prompt engineering, crafting inputs for large language models (LLMs). With these large pre-trained models, even small amounts of data can make them very useful. This lab is also [available on Colab][lab-8-colab]. [lab-8]: promptengineering/LabPrompt_Engineering.ipynb [lab-8-colab]: https://colab.research.google.com/drive/1cipH-u6Jz0EH-6Cd9MPYgY4K0sJZwRJq [Lab 9: Data Privacy and Security][lab-9] The [lab assignment][lab-9] for this lecture is to implement a membership inference attack. You are given a trained machine learning model, available as a black-box prediction function. Your task is to devise a method to determine whether or not a given data point was in the training set of this model. You may implement some of the ideas presented in [today’s lecture][lec-9], or you can look up other membership inference attack algorithms. [lab-9]: membership_inference/Lab%20-%20Membership%20Inference.ipynb [lec-9]: https://dcai.csail.mit.edu/lectures/data-privacy-security/ License Copyright (c) by the instructors of Introduction to Data-Centric AI (dcai.csail.mit.edu). dcai-lab is free software: you can redistribute it and/or modify it under the terms of the GNU Affero General Public License as published by the Free Software Foundation, either version 3 of the License, or (at your option) any later version. dcai-lab is distributed in the hope that it will be useful, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See GNU Affero General Public LICENSE for details.

aion

Aion Mainstream adoption of blockchains has been limited because of scalability, privacy, and interoperability challenges. Aion is a multi-tier blockchain network designed to address these challenges. Core to our hypothesis is the idea that many blockchains will be created to solve unique business challenges within unique industries. As such, the Aion network is designed to support custom blockchain architectures while providing a trustless mechanism for cross-chain interoperability. The Aion White Papers provides more details regarding our design and project roadmap. This repository contains the main (Java) kernel implementation and releases for the Aion Network. System Requirements Ubuntu 16.04 or a later version Getting Started Blockchain node concept To understand what is blockchain kernel: Node overview Developers If you're interested in building Open Applications, powered by Aion: Visit the Developer site of The Open Application Network : developer.theoan.com If you're interested in making improvements to the Java Implementation of Aion: Refer to the Build Aion kernel from source wiki for information on building this source code to a native binary or Docker image Refer to the Installation wiki for a guide on installing and configuring the kernel. The Owner's Manual wiki will include further instructions and details on working with the kernel. Please refer to the wiki pages for further documentation on mining/validating, using the Web3 API, command line options, etc. Miners/Validators If you're interested in being a validator on the Aion networks, refer to our Validator Docs Users If you're interested in interacting with dApps and using Aion, refer to our Aion Desktop Wallet Docs FAQ Where can I store my Aion? We recommend using the web-based Aion Wallet; more information can be found in “Docs”). Where can I stake my Aion? You can use the original staking interface which has support for staking pool operators, or the web-based Aion Wallet. Where can I check on a transaction on The Open Application Network? You can visit either the web-based Aion Wallet or the Aion Dashboard to view a transaction on the network. Where can I see the current network performance of The Open Application Network? You can visit the Aion Dashboard to see how the Open Application Network is performing. What should I do if the desktop wallet or the web based wallet are not functioning properly? First check in with the community on the community subreddit. If the community is not able to assist then you can submit a ticket through Github. The Open Application Network is currently providing support to help maintain the network; where can I see the funds that The Open Application Network has mined or received as a stake reward? All funds mined or rewarded for staking that the foundation receives are burned to this address: 0x0000000000000000000000000000000000000000000000000000000000000000 users can check the totals burned via the Aion Dashboard here. What is the total circulating supply of Aion? To view the current total circulating supply of Aion you can use the Aion Watch tool located here. Which networks are supported? The Mainnet network is supported. To view the dashboards for this networks use these links: Mainnet How can I export a list of my transactions? If you would like to download a copy of your transaction history you can use https://mainnet.theoan.com and search for your public address. In the bottom right of your screen is a “Download this Account” button which will allow you to select a date range and download a .csv file containing your transactions. Where can I access a copy of The OAN and Aion Brand Guidelines? The OAN and Aion Brand Guidelines can be located here they can be used by the community to create brand aligned content. My Ledger doesn’t seem to be recognized with applications in the Chrome Browser (Staking Interface or Wallet) When using your Ledger hardware wallet with Aion installed to access an account VIA the Chrome browser, users will need to enable the Aion contract on their Ledger device. This can be done by selecting: Aion > Setting > enable Contract. What happened to the Aiwa chrome extension wallet? Aiwa was owned and operated by a third-party organization called BlockX Labs, Aiwa was funded by a community grant during its lifespan. However, BlockX Labs is now reorganizing and will no longer support Aiwa. Usage of Aiwa has decreased significantly with other tools such as the web based wallet now available so the decision was made to deprecate it. I am unable to undelegate my staked Aion In order to undelegate your Aion: – You must have a sufficient Aion balance to perform the undelegation transaction (a minimum of 0.02 Aion is required for the transaction fee) – Your balance will be updated after a lock-up period of 8640 blocks (approximately 24 hours) – Ensure the amount follows this format: 999,999,999.999999999 – If you are using a ledger, please ensure that your firmware is up to date. – If you are using the desktop interface, ensure that you are using the latest version – For more information view this guide What happened to the swap process to convert ERC-20 Aion to the mainnet? As of January 31, 2022 swapping from ERC20 to Aion mainnet is no longer supported. The original Aion token swap from Ethereum to Aion was completed on December 10, 2018. However, in order to support the community members who missed the original swap deadline a manual process was available, this process has now been retired. Community Channels Newsfeed: @AionNewsfeed Info Bot: @AionTGbot Wiki: reddit.com/r/AionNetwork/Wiki Help Desk: https://helpdesk.theoan.com/ Contact To keep up to date and stay connected with current progress and development, reach out to us on the following channels: Aion Telegram Dispatch Alerts Aion on Twitter Aion Blog License Aion is released under the MIT license

internet-tools-collection

Internet Tools Collection A collection of tools, website and AI for entrepreneurs, web designers, programmers and for everyone else. Content by category Artificial Intelligence Developers Design Entrepreneur Video Editing Stock videos Stock Photos Stock music Search Engine Optimization Blog Posts Resume Interviews No code website builder No code game builder Side Hustle Browser Extensions Other Students Artificial Intelligence Jasper - The Best AI Writing Assistant [](https://www.jasper.ai/) Create content 5x faster with artificial intelligence. Jasper is the highest quality AI copywriting tool with over 3,000 5-star reviews. Best for writing blog posts, social media content, and marketing copy. AutoDraw [](https://www.autodraw.com/) Fast drawing for everyone. AutoDraw pairs machine learning with drawings from talented artists to help you draw stuff fast. 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Modify the complexity, contrast, and color, to generate unique SVG blobs every time. Keyframes.app [](https://keyframes.app/) cssFilters.co - Custom and Instagram like photo filters for CSS [](https://www.cssfilters.co/) Visual playground for generating CSS for custom and Instagram like photo filters. Experiment with your own uploaded photo or select one from the Unsplash collection. CSS Animations Animista - CSS Animations on Demand [](https://animista.net/) Animista is a CSS animation library and a place where you can play with a collection of ready-made CSS animations and download only those you will use. Build Internal apps Superblocks | Save 100s of developer hours on internal tools [](https://www.superblocks.com/) Superblocks is the fast, easy and secure way for developers to build custom internal tools fast. Connect your databases & APIs. Drag and drop UI components. Extend with Python or Javascript. Deploy in 1-click. Secure and Monitor using your favorite tools Budibase | Build internal tools in minutes, the easy way [](https://budibase.com/) Budibase is a modern, open source low-code platform for building modern internal applications in minutes. Retool | Build internal tools, remarkably fast. [](https://retool.com/) Retool is the fast way to build internal tools. Drag-and-drop our building blocks and connect them to your databases and APIs to build your own tools, instantly. Connects with Postgres, REST APIs, GraphQL, Firebase, Google Sheets, and more. Built by developers, for developers. Trusted by startups and Fortune 500s. Sign up for free. GitHub Repositories GitHub - vasanthk/how-web-works: What happens behind the scenes when we type www.google.com in a browser? [](https://github.com/vasanthk/how-web-works) What happens behind the scenes when we type www.google.com in a browser? - GitHub - vasanthk/how-web-works: What happens behind the scenes when we type www.google.com in a browser? GitHub - kamranahmedse/developer-roadmap: Interactive roadmaps, guides and other educational content to help developers grow in their careers. [](https://github.com/kamranahmedse/developer-roadmap) Interactive roadmaps, guides and other educational content to help developers grow in their careers. - GitHub - kamranahmedse/developer-roadmap: Interactive roadmaps, guides and other educational content to help developers grow in their careers. GitHub - apptension/developer-handbook: An opinionated guide on how to become a professional Web/Mobile App Developer. [](https://github.com/apptension/developer-handbook) An opinionated guide on how to become a professional Web/Mobile App Developer. - GitHub - apptension/developer-handbook: An opinionated guide on how to become a professional Web/Mobile App Developer. ProfileMe.dev | Create an amazing GitHub profile in minutes [](https://www.profileme.dev/) ProfileMe.dev | Create an amazing GitHub profile in minutes GitHub - Kristories/awesome-guidelines: A curated list of high quality coding style conventions and standards. [](https://github.com/Kristories/awesome-guidelines) A curated list of high quality coding style conventions and standards. - GitHub - Kristories/awesome-guidelines: A curated list of high quality coding style conventions and standards. GitHub - tiimgreen/github-cheat-sheet: A list of cool features of Git and GitHub. [](https://github.com/tiimgreen/github-cheat-sheet) A list of cool features of Git and GitHub. Contribute to tiimgreen/github-cheat-sheet development by creating an account on GitHub. GitHub - andreasbm/web-skills: A visual overview of useful skills to learn as a web developer [](https://github.com/andreasbm/web-skills) A visual overview of useful skills to learn as a web developer - GitHub - andreasbm/web-skills: A visual overview of useful skills to learn as a web developer GitHub - Ebazhanov/linkedin-skill-assessments-quizzes: Full reference of LinkedIn answers 2022 for skill assessments (aws-lambda, rest-api, javascript, react, git, html, jquery, mongodb, java, Go, python, machine-learning, power-point) linkedin excel test lösungen, linkedin machine learning test LinkedIn test questions and answers [](https://github.com/Ebazhanov/linkedin-skill-assessments-quizzes) Full reference of LinkedIn answers 2022 for skill assessments (aws-lambda, rest-api, javascript, react, git, html, jquery, mongodb, java, Go, python, machine-learning, power-point) linkedin excel test lösungen, linkedin machine learning test LinkedIn test questions and answers - GitHub - Ebazhanov/linkedin-skill-assessments-quizzes: Full reference of LinkedIn answers 2022 for skill assessments (aws-lambda, rest-api, javascript, react, git, html, jquery, mongodb, java, Go, python, machine-learning, power-point) linkedin excel test lösungen, linkedin machine learning test LinkedIn test questions and answers Blockchain/Crypto Dashboards [](https://dune.com/) Blockchain ecosystem analytics by and for the community. Explore and share data from Ethereum, xDai, Polygon, Optimism, BSC and Solana for free. Introduction - The Anchor Book v0.24.0 [](https://book.anchor-lang.com/introduction/introduction.html) Crypto & Fiat Exchange Super App | Trade, Save & Spend | hi [](https://hi.com/) Buy, Trade, Send and Earn Crypto & Fiat. Deposit Bitcoin, ETH, USDT and other cryptos and start earning. Get the hi Debit Card and Multi-Currency IBAN Account. Moralis Web3 - Enterprise-Grade Web3 APIs [](https://moralis.io/) Bridge the development gap between Web2 and Web3 with Moralis’ powerful Web3 APIs. Mirror [](https://mirror.xyz/) Built on web3 for web3, Mirror’s robust publishing platform pushes the boundaries of writing online—whether it’s the next big white paper or a weekly community update. Makerdao [](https://blog.makerdao.com/) Sholi — software for Investors & Traders / Sholi MetriX [](https://sholi.io/) Sholi — software for Investors & Traders / Sholi MetriX Stock Trading Quiver Quantitative [](https://www.quiverquant.com/) Quiver Quantitative Chart Prime - The only tool you'll need for trading assets across all markets [](https://chartprime.com/) ChartPrime offers a toolkit that will take your trading game to the next level. Visit our site for a full rundown of features and helpful tutorials. Learning Hacker Rank [](https://www.hackerrank.com/) Coderbyte | Code Screening, Challenges, & Interview Prep [](https://coderbyte.com/) Improve your coding skills with our library of 300+ challenges and prepare for coding interviews with content from leading technology companies. Competitive Programming | Participate & Learn | CodeChef [](https://www.codechef.com/) Learn competitive programming with the help of CodeChef's coding competitions. Take part in these online coding contests to level up your skills Learn to Code - for Free | Codecademy [](https://www.codecademy.com/) Learn the technical skills to get the job you want. Join over 50 million people choosing Codecademy to start a new career (or advance in their current one). Free Code Camp [](https://www.freecodecamp.org/) Learn to Code — For Free Sololearn: Learn to Code [](https://www.sololearn.com/home) Join Now to learn the basics or advance your existing skills Mimo: The coding app you need to learn to code! Python, HTML, JavaScript [](https://getmimo.com/) Join more than 17 million learners worldwide. Learn to code for free. Learn Python, JavaScript, CSS, SQL, HTML, and more with our free code learning app. Free for developers [](https://free-for.dev/#/) Your Career in Web Development Starts Here | The Odin Project [](https://www.theodinproject.com/) The Odin Project empowers aspiring web developers to learn together for free Code Learning Games CheckiO - coding games and programming challenges for beginner and advanced [](https://checkio.org/) CheckiO - coding websites and programming games. Improve your coding skills by solving coding challenges and exercises online with your friends in a fun way. Exchanges experience with other users online through fun coding activities Coding for Kids | Game-Based Programming | CodeMonkey [](https://www.codemonkey.com/) CodeMonkey is a leading coding for kids program. Through its award-winning courses, millions of students learn how to code in real programming languages. Coding Games and Programming Challenges to Code Better [](https://www.codingame.com/) CodinGame is a challenge-based training platform for programmers where you can play with the hottest programming topics. Solve games, code AI bots, learn from your peers, have fun. Learn VIM while playing a game - VIM Adventures [](https://vim-adventures.com/) VIM Adventures is an online game based on VIM's keyboard shortcuts. It's the "Zelda meets text editing" game. So come have some fun and learn some VIM! CodeCombat - Coding games to learn Python and JavaScript [](https://codecombat.com/) Learn typed code through a programming game. Learn Python, JavaScript, and HTML as you solve puzzles and learn to make your own coding games and websites. Design Useberry - Codeless prototype analytics [](https://www.useberry.com/) User testing feedback & rich insights in minutes, not months! Figma: the collaborative interface design tool. [](https://www.figma.com/) Build better products as a team. Design, prototype, and gather feedback all in one place with Figma. Dribbble - Discover the World’s Top Designers & Creative Professionals [](https://dribbble.com/) Find Top Designers & Creative Professionals on Dribbble. We are where designers gain inspiration, feedback, community, and jobs. Your best resource to discover and connect with designers worldwide. Photopea | Online Photo Editor [](https://www.photopea.com/) Photopea Online Photo Editor lets you edit photos, apply effects, filters, add text, crop or resize pictures. Do Online Photo Editing in your browser for free! Toools.design – An archive of 1000+ Design Resources [](https://www.toools.design/) A growing archive of over a thousand design resources, weekly updated for the community. Discover highly useful design tools you never thought existed. All Online Tools in One Box | 10015 Tools [](https://10015.io/) All online tools you need in one box for free. Build anything online with “all-in-one toolbox”. All tools are easy-to-use, blazing fast & free. Phase - Digital Design Reinvented| Phase [](https://phase.com/) Design and prototype websites and apps visually and intuitively, in a new powerful product reworked for the digital age. Animated Backgrounds [](https://animatedbackgrounds.me/) A Collection of 30+ animated backgrounds for websites and blogs.With Animated Backgrounds, set a simple, elegant background animations on your websites and blogs. Trianglify.io · Low Poly Pattern Generator [](https://trianglify.io/) Trianglify.io is a tool for generating low poly triangle patterns that can be used as wallpapers and website assets. Cool Backgrounds [](https://coolbackgrounds.io/) Explore a beautifully curated selection of cool backgrounds that you can add to blogs, websites, or as desktop and phone wallpapers. SVG Repo - Free SVG Vectors and Icons [](https://www.svgrepo.com/) Free Vectors and Icons in SVG format. ✅ Download free mono or multi color vectors for commercial use. Search in 300.000+ Free SVG Vectors and Icons. Microcopy - Short copy text for your website. [](https://www.microcopy.me/) Search micro UX copy text: slogans, headlines, notifications, CTA, error messages, email, account preferences, and much more. 3D icons and icon paks - Free3Dicon [](https://free3dicon.com/) All 3D icons you need in one place. This is a collection of free, beautiful, trending 3D icons, that you can use in any project. Love 3D Icon [](https://free3dicons.com/) Downloads free 3D icons GIMP - GNU Image Manipulation Program [](https://www.gimp.org/) GIMP - The GNU Image Manipulation Program: The Free and Open Source Image Editor blender.org - Home of the Blender project - Free and Open 3D Creation Software [](https://www.blender.org/) The Freedom to Create 3D Design Software | 3D Modeling on the Web | SketchUp [](https://www.sketchup.com/) SketchUp is a premier 3D design software that truly makes 3D modeling for everyone, with a simple to learn yet robust toolset that empowers you to create whatever you can imagine. Free Logo Maker - Create a Logo in Seconds - Shopify [](https://www.shopify.com/tools/logo-maker) Free logo maker tool to generate custom design logos in seconds. This logo creator is built for entrepreneurs on the go with hundreds of templates, free vectors, fonts and icons to design your own logo. The easiest way to create business logos online. All your design tools in one place | Renderforest [](https://www.renderforest.com/) Time to get your brand noticed. Create professional videos, logos, mockups, websites, and graphics — all in one place. Get started now! Prompt Hero [](https://prompthero.com/) Type Scale - A Visual Calculator [](https://type-scale.com/) Preview and choose the right type scale for your project. Experiment with font size, scale and different webfonts. DreamFusion: Text-to-3D using 2D Diffusion [](https://dreamfusion3d.github.io/) DreamFusion: Text-to-3D using 2D Diffusion, 2022. The branding style guidelines documents archive [](https://brandingstyleguides.com/) Welcome to the brand design manual documents directory. Search over our worldwide style assets handpicked collection, access to PDF documents for inspiration. Super designer | Create beautiful designs with a few clicks [](https://superdesigner.co/) Create beautiful designs with a few clicks. Simple design tools to generate unique patterns, backgrounds, 3D shapes, colors & images for social media, websites and more Readymag—a design tool to create websites without coding [](https://readymag.com/) Meet the most elegant, simple and powerful web-tool for designing websites, presentations, portfolios and all kinds of digital publications. ffflux: Online SVG Fluid Gradient Background Generator | fffuel [](https://fffuel.co/ffflux/) SVG generator to make fluid gradient backgrounds that feel organic and motion-like. Perfect to add a feeling of motion and fluidity to your web designs. Generate unique SVG design assets | Haikei [](https://haikei.app/) A web-based design tool to generate unique SVG design assets for websites, social media, blog posts, desktop and mobile wallpapers, posters, and more! Our generators let you discover, customize, randomize, and export generative SVG design assets ready to use with your favorite design tools. UI/UX - Inspirational Free Website Builder Software | 10,000+ Free Templates [](https://nicepage.com/) Nicepage is your website builder software breaking limitations common for website builders with revolutionary freehand positioning. 7000+ Free Templates. Easy Drag-n-Drop. No coding. Mobile-friendly. Clean HTML. Super designer | Create beautiful designs with a few clicks [](https://superdesigner.co/) Create beautiful designs with a few clicks. Simple design tools to generate unique patterns, backgrounds, 3D shapes, colors & images for social media, websites and more Pika – Create beautiful mockups from screenshots [](https://pika.style/) Quickly create beautiful website and device mockup from screenshot. Pika lets you capture website screenshots form URL, add device and browser frames, customize background and more LiveTerm [](https://liveterm.vercel.app/) Minimal Gallery – Web design inspiration [](https://minimal.gallery/) For the love of beautiful, clean and functional websites. Awwwards - Website Awards - Best Web Design Trends [](https://www.awwwards.com/) Awwwards are the Website Awards that recognize and promote the talent and effort of the best developers, designers and web agencies in the world. Design Systems For Figma [](https://www.designsystemsforfigma.com/) A collection of Design Systems for Figma from all over the globe. Superside: Design At Scale For Ambitious Brands [](https://www.superside.com/) We are an always-on design company. Get a team of dedicated designers, speedy turnarounds, magical creative collaboration tech and the top 1% of global talent. UXArchive - Made by Waldo [](https://uxarchive.com/) UXArchive the world's largest library of mobile user flows. Be inspired to design the best user experiences. Search by Muzli [](https://search.muz.li/) Search, discover, test and create beautiful color palettes for your projects Siteinspire | Web Design Inspiration [](https://www.siteinspire.com/) SAVEE [](https://savee.it/) The best way to save and share inspiration. A little corner of the internet to find good landing page copywriting examples [](https://greatlandingpagecopy.com/) A little corner of the internet to find great landing page copywriting examples. The Best Landing Page Examples For Design Inspiration - SaaS Landing Page [](https://saaslandingpage.com/) SaaS Landing Page showcases the best landing page examples created by top-class SaaS companies. Get ideas and inspirations for your next design project. Websites Free templates Premium Bootstrap Themes and Templates: Download @ Creative Tim [](https://www.creative-tim.com/) UI Kits, Templates and Dashboards built on top of Bootstrap, Vue.js, React, Angular, Node.js and Laravel. Join over 2,014,387+ creatives to access all our products! Free Bootstrap Themes, Templates, Snippets, and Guides - Start Bootstrap [](https://startbootstrap.com/) Start Bootstrap develops free to download, open source Bootstrap 5 themes, templates, and snippets and creates guides and tutorials to help you learn more about designing and developing with Bootstrap. Free Website Templates [](https://freewebsitetemplates.com/) Get your free website templates here and use them on your website without needing to link back to us. One Page Love - One Page Website Inspiration and Templates [](https://onepagelove.com/) One Page Love is a One Page website design gallery showcasing the best Single Page websites, templates and resources. Free CSS | 3400 Free Website Templates, CSS Templates and Open Source Templates [](https://www.free-css.com/) Free CSS has 3400 free website templates, all templates are free CSS templates, open source templates or creative commons templates. Free Bootstrap Themes and Website Templates | BootstrapMade [](https://bootstrapmade.com/) At BootstrapMade, we create beautiful website templates and bootstrap themes using Bootstrap, the most popular HTML, CSS and JavaScript framework. Free and Premium Bootstrap Themes, Templates by Themesberg [](https://themesberg.com/) Free and Premium Bootstrap themes, templates, admin dashboards and UI kits used by over 38820 web developers and software companies HTML, Vue.js and React templates for startup landing pages - Cruip [](https://cruip.com/) Cruip is a gallery of premium and free HTML, Vue.js and React templates for startups and SaaS. Free Website Templates Download | WordPress Themes - W3Layouts [](https://w3layouts.com/) Want to download free website templates? W3Layouts WordPress themes and website templates are built with responsive web design techniques. Download now! Free HTML Landing Page Templates and UI Kits | UIdeck [](https://uideck.com/) Free HTML Landing Page Templates, Bootstrap Themes, React Templates, HTML Templates, Tailwind Templates, and UI Kits. Create Online Graphics Snappa - Quick & Easy Graphic Design Software [](https://snappa.com/) Snappa makes it easy to create any type of online graphic. Create & publish images for social media, blogs, ads, and more! Canva [](https://www.canva.com/) Polotno Studio - Make graphical designs [](https://studio.polotno.com) Free online design editor. Create images for social media, youtube previews, facebook covers Free Logo Maker: Design Custom Logos | Adobe Express [](https://www.adobe.com/express/create/logo) The Adobe Express logo maker is instant, intuitive, and intelligent. Use it to generate a wide range of possibilities for your own logo. Photo Editor: Fotor – Free Online Photo Editing & Image Editor [](https://www.fotor.com/) Fotor's online photo editor helps you edit photos with free online photo editing tools. Crop photos, resize images, and add effects/filters, text, and graphics in just a few clicks. Photoshop online has never been easier with Fotor's free online photo editor. VistaCreate – Free Graphic Design Software with 70,000+ Free Templates [](https://create.vista.com/) Looking for free graphic design software? Easily create professional designs with VistaCreate, a free design tool with powerful features and 50K+ ready-made templates Draw Freely | Inkscape [](https://inkscape.org/) Inkscape is professional quality vector graphics software which runs on Linux, Mac OS X and Windows desktop computers. Visual & Video Maker Trusted By 11 Million Users - Piktochart [](https://piktochart.com/) With Piktochart, you can create professional-looking infographics, flyers, posters, charts, videos, and more. No design experience needed. Start for free. The Web's Favorite Online Graphic Design Tool | Stencil [](https://getstencil.com/) Stencil is a fantastically easy-to-use online graphic design tool and image editor built for business owners, social media marketers, and bloggers. Pablo by Buffer - Design engaging images for your social media posts in under 30 seconds [](https://pablo.buffer.com/) Buffer makes it super easy to share any page you're reading. Keep your Buffer topped up and we automagically share them for you through the day. Free Online Graphic Design Software | Create stunning designs in seconds. [](https://desygner.com/) Easy drag and drop graphic design tool for anyone to use with 1000's of ready made templates. Create & print professional business cards, flyers, social posts and more. Color Pallet Color Palettes for Designers and Artists - Color Hunt [](https://colorhunt.co/) Discover the newest hand-picked color palettes of Color Hunt. Get color inspiration for your design and art projects. Coolors - The super fast color palettes generator! [](https://coolors.co/) Generate or browse beautiful color combinations for your designs. Get color palette inspiration from nature - colorpalettes.earth [](https://colorpalettes.earth/) Color palettes inspired by beautiful nature photos Color Palette Generator - Create Beautiful Color Schemes [](https://colors.muz.li/) Search, discover, test and create beautiful color palettes for your projects A Most Useful Color Picker | 0to255 [](https://0to255.com/) Find lighter and darker colors based on any color. Discover why over two million people have used 0to255 to choose colors for their website, logo, room interior, and print design projects. Colour Contrast Checker [](https://colourcontrast.cc/) Check the contrast between different colour combinations against WCAG standards Fonts Google Fonts [](https://fonts.google.com/) Making the web more beautiful, fast, and open through great typography Fonts In Use – Type at work in the real world. [](https://fontsinuse.com/) A searchable archive of typographic design, indexed by typeface, format, and topic. Wordmark - Helps you choose fonts! [](https://wordmark.it/) Wordmark helps you choose fonts by quickly displaying your text with your fonts. OH no Type Company [](https://ohnotype.co/) OH no Type Co. Retail and custom typefaces. Life’s a thrill, fonts are chill! Illustrations Illustrations | unDraw [](https://undraw.co/illustrations) The design project with open-source illustrations for any idea you can imagine and create. Create beautiful websites, products and applications with your color, for free. Design Junction [](https://designjunction.xyz/) Design Junction is a one-stop resource library for Designers and Creatives with curated list of best resources handpicked from around the web Humaaans: Mix-&-Match illustration library [](https://www.humaaans.com/) Mix-&-match illustrations of people with a design library for InVIsion Studio and Sketch. Stubborn - Free Illustrations Generator [](https://stubborn.fun/) Free illustrations generator for Figma and Sketch. Get the opportunity to design your characters using symbols and styles. Open Peeps, Hand-Drawn Illustration Library [](https://www.openpeeps.com/) Open Peeps is a hand-drawn illustration library to create scenes of people. You can use them in product illustration, marketing, comics, product states, user flows, personas, storyboarding, quinceañera invitations, or whatever you want! ⠀ Reshot | Free icons & illustrations [](https://www.reshot.com/) Design freely with instant downloads of curated SVG icons and vector illustrations. All free with commercial licensing. No attribution required. Blush: Illustrations for everyone [](https://blush.design/) Blush makes it easy to add free illustrations to your designs. Play with fully customizable graphics made by artists across the globe. Mockups Angle 4 - 5000+ Device Mockups for Figma, Sketch and XD [](https://angle.sh/) Vector mockups for iPhone, iPad, Android and Mac devices, including the new iPhone 13, Pro, Pro Max and Mini. Perfect for presenting your apps. Huge library of components, compositions, wallpapers and plugins made for Figma, Sketch and XD. Make Mockups, Logos, Videos and Designs in Seconds [](https://placeit.net/) Get unlimited downloads on all our 100K templates! You can make a logo, video, mockup, flyer, business card and social media image in seconds right from your browser. Free and premium tools for graphic designers | Lstore Graphics [](https://www.ls.graphics/) Free and premium mockups, UI/UX tools, scene creators for busy designers Logo Design & Brand Identity Platform for Entrepreneurs | Looka [](https://looka.com/) Logojoy is now Looka! Design a Logo, make a website, and create a Brand Identity you’ll love with the power of Artificial Intelligence. 100% free to use. Create stunning product mockups easily and online - Smartmockups [](https://smartmockups.com/) Smartmockups enables you to create stunning high-resolution mockups right inside your browser within one interface across multiple devices. Previewed - Free mockup generator for your app [](https://previewed.app/) Join Previewed to create stunning 3D image shots and animations for your app. Choose from hundreds of ready made mockups, or create your own. Free Design Software - Graphic Online Maker - Glorify [](https://www.glorify.com/) Create professional and high converting social media posts, ads, infographics, presentations, and more with Glorify, a free design software & graphic maker. Other BuiltWith Technology Lookup [](https://builtwith.com/) Web technology information profiler tool. Find out what a website is built with. Compress JPEG Images Online [](https://compressjpeg.com/) Compress JPEG images and photos for displaying on web pages, sharing on social networks or sending by email. PhotoRoom - Remove Background and Create Product Pictures [](https://www.photoroom.com/) Create product and portrait pictures using only your phone. Remove background, change background and showcase products. Magic Eraser - Remove unwanted things from images in seconds [](https://www.magiceraser.io/) Magic Eraser - Use AI to remove unwanted things from images in seconds. Upload an image, mark the bit you need removed, download the fixed up image. Compressor.io - optimize and compress JPEG photos and PNG images [](https://compressor.io/) Optimize and compress JPEG, PNG, SVG, GIF and WEBP images online. Compress, resize and rename your photos for free. Remove Video Background – Unscreen [](https://www.unscreen.com/) Remove the background of any video - 100% automatically, online & free! Goodbye Greenscreen. Hello Unscreen. Noun Project: Free Icons & Stock Photos for Everything [](https://thenounproject.com/) Noun Project features the most diverse collection of icons and stock photos ever. Download SVG and PNG. Browse over 5 million art-quality icons and photos. Design Principles [](https://principles.design/) An Open Source collection of Design Principles and methods Shapefest™ - A massive library of free 3D shapes [](https://www.shapefest.com/) A massive free library of beautifully rendered 3D shapes. 160,000+ high resolution PNG images in one cohesive library. Learning UX Degreeless.design - Everything I Learned in Design School [](https://degreeless.design/) This is a list of everything I've found useful in my journey of learning design, and an ongoing list of things I think you should read. For budding UX, UI, Interaction, or whatever other title designers. UX Tools | Practical UX skills and tools [](https://uxtools.co/) Lessons and resources from two full-time product designers. Built For Mars [](https://builtformars.com/) On a mission to help the world build better user experiences by demystifying UX. Thousands of hours of research packed into UX case studies. Case Study Club – Curated UX Case Study Gallery [](https://www.casestudy.club/) Case Study Club is the biggest curated gallery of the best UI/UX design case studies. Get inspired by industry-leading designers, openly sharing their UX process. The Guide to Design [](https://start.uxdesign.cc/) A self-guided class to help you get started in UX and answer key questions about craft, design, and career Uxcel - Where design careers are built [](https://app.uxcel.com/explore) Available on any device anywhere in the world, Uxcel is the best way to improve and learn UX design online in just 5 minutes per day. UI & UX Design Tips by Jim Raptis. [](https://www.uidesign.tips/) Learn UI & UX Design with practical byte-sized tips and in-depth articles from Jim Raptis. Entrepreneur Instant Username Search [](https://instantusername.com/#/) Instant Username Search checks out if your username is available on more than 100 social media sites. Results appear instantly as you type. Flourish | Data Visualization & Storytelling [](https://flourish.studio/) Beautiful, easy data visualization and storytelling PiPiADS - #1 TikTok Ads Spy Tool [](https://www.pipiads.com/) PiPiADS is the best tiktok ads spy tool .We provide tiktok advertising,advertising on tiktok,tiktok ads examples,tiktok ads library,tiktok ads best practices,so you can understand the tiktok ads cost and master the tiktok ads 2021 and tiktok ads manager. Minea - The best adspy for product search in ecommerce and dropshipping [](https://en.minea.com/) Minea is the ultimate e-commerce product search tool. Minea tracks all ads on all networks. Facebook Ads, influencer product placements, Snapspy, all networks are tracked. Stop paying adspy 149€ for one network and discover Minea. AdSpy [](https://adspy.com/) Google Trends [](https://trends.google.com/) ScoreApp: Advanced Quiz Funnel Marketing | Make a Quiz Today [](https://www.scoreapp.com/) ScoreApp makes quiz funnel marketing easy, so you can attract relevant warm leads, insightful data and increase your sales. Try for free today Mailmodo - Send Interactive Emails That Drive Conversions [](https://www.mailmodo.com/) Use Mailmodo to create and send interactive emails your customers love. Drive conversions and get better email ROI. Sign up for a free trial now. 185 Top E-Commerce Sites Ranked by User Experience Performance – Baymard Institute [](https://baymard.com/ux-benchmark) See the ranked UX performance of the 185 largest e-commerce sites in the US and Europe. The chart summarizes 50,000+ UX performance ratings. Metricool - Analyze, manage and measure your digital content [](https://metricool.com/) Social media scheduling, web analytics, link in bio and reporting. Metricool is free per live for one brand. START HERE Visualping: #1 Website change detection, monitoring and alerts [](https://visualping.io/) More than 1.5 millions users monitor changes in websites with Visualping, the No1 website change detection, website checker, webpage change monitoring and webpage change detection tool. Gumroad – Sell what you know and see what sticks [](https://gumroad.com/) Gumroad is a powerful, but simple, e-commerce platform. We make it easy to earn your first dollar online by selling digital products, memberships and more. Product Hunt – The best new products in tech. [](https://www.producthunt.com/) Product Hunt is a curation of the best new products, every day. Discover the latest mobile apps, websites, and technology products that everyone's talking about. 12ft Ladder [](https://12ft.io/) Show me a 10ft paywall, I’ll show you a 12ft ladder. namecheckr | Social and Domain Name Availability Search For Brand Professionals [](https://www.namecheckr.com/) Social and Domain Name Availability Search For Brand Professionals Excel AI Formula Generator - Excelformulabot.com [](https://excelformulabot.com/) Transform your text instructions into Excel formulas in seconds with the help of AI. Z-Library [](https://z-lib.org/) Global Print On Demand Platform | Gelato [](https://www.gelato.com/) Create and sell custom products online. With local production in 33 countries, easy integration, and 24/7 customer support, Gelato is an all-in-one platform. Freecycle: Front Door [](https://freecycle.org/) Free eBooks | Project Gutenberg [](https://www.gutenberg.org/) Project Gutenberg is a library of free eBooks. Convertio — File Converter [](https://convertio.co/) Convertio - Easy tool to convert files online. More than 309 different document, image, spreadsheet, ebook, archive, presentation, audio and video formats supported. Namechk [](https://namechk.com/) Crazy Egg Website — Optimization | Heatmaps, Recordings, Surveys & A/B Testing [](https://www.crazyegg.com/) Use Crazy Egg to see what's hot and what's not, and to know what your web visitors are doing with tools, such as heatmaps, recordings, surveys, A/B testing & more. Ifttt [](https://ifttt.com/) Also Asked [](https://alsoasked.com/) Business Name Generator - Easily create Brandable Business Names - Namelix [](https://namelix.com/) Namelix uses artificial intelligence to create a short, brandable business name. Search for domain availability, and instantly generate a logo for your new business Merch Informer [](https://merchinformer.com/) Headline Generator [](https://www.title-generator.com/) Title Generator: create 700 headlines with ONE CLICK: Content Ideas + Catchy Headlines + Ad Campaign E-mail Subject Lines + Emotional Titles. Simple - Efficient - One Click Make [](https://www.make.com/en) Create and add calculator widgets to your website | CALCONIC_ [](https://www.calconic.com/) Web calculator builder empowers you to choose from a pre-made templates or build your own calculator widgets from a scratch without any need of programming knowledge Boost Your Views And Subscribers On YouTube - vidIQ [](https://vidiq.com/) vidIQ helps you acquire the tools and knowledge needed to grow your audience faster on YouTube and beyond. Learn More Last Pass [](https://www.lastpass.com/) Starter Story: Learn How People Are Starting Successful Businesses [](https://www.starterstory.com/) Starter Story interviews successful entrepreneurs and shares the stories behind their businesses. In each interview, we ask how they got started, how they grew, and how they run their business today. How To Say No [](https://www.starterstory.com/how-to-say-no) Saying no is hard, but it's also essential for your sanity. Here are some templates for how to say no - so you can take back your life. Think with Google - Discover Marketing Research & Digital Trends [](https://www.thinkwithgoogle.com/) Uncover the latest marketing research and digital trends with data reports, guides, infographics, and articles from Think with Google. ClickUp™ | One app to replace them all [](https://clickup.com/) Our mission is to make the world more productive. To do this, we built one app to replace them all - Tasks, Docs, Goals, and Chat. The Manual [](https://manual.withcompound.com/) Wealth-planning resources for founders and startup employees Software for Amazon FBA Sellers & Walmart Sellers | Helium 10 [](https://www.helium10.com/) If you're looking for the best software for Amazon FBA & Walmart sellers on the market, check out Helium 10's capabilities online today! Buffer: All-you-need social media toolkit for small businesses [](https://buffer.com/) Use Buffer to manage your social media so that you have more time for your business. Join 160,000+ small businesses today. CPGD — The Consumer Packaged Goods Directory [](https://www.cpgd.xyz/) The Consumer Packaged Goods Directory is a platform to discover new brands and resources. We share weekly trends in our newsletter and partner with services to provide vetted, recommended platforms for our Directory brands. Jungle Scout [](https://www.junglescout.com/) BuzzSumo | The World's #1 Content Marketing Platform [](https://buzzsumo.com/) BuzzSumo powers the strategies of 500k+ marketers, with content marketing data on 8b articles, 42m websites, 300t engagements, 500k journalists & 492m questions. Login - Capital [](https://app.capital.xyz/) Raise, hold, spend, and send funds — all in one place. Marketing Pictory – Video Marketing Made Easy - Pictory.ai [](https://pictory.ai/) Pictory's powerful AI enables you to create and edit professional quality videos using text, no technical skills required or software to download. Tolstoy | Communicate with interactive videos [](https://www.gotolstoy.com/) Start having face-to-face conversations with your customers. Create Email Marketing Your Audience Will Love - MailerLite [](https://www.mailerlite.com/) Email marketing tools to grow your audience faster and drive revenue smarter. Get free access to premium features with a 30-day trial! Sign up now! Hypefury - Schedule & Automate Social Media Marketing [](https://hypefury.com/) Save time on social media while creating more value, and growing your audience faster. Schedule & automate your social media experience! Klaviyo: Marketing Automation Platform for Email & SMS [](https://www.klaviyo.com/) Klaviyo, an ecommerce marketing automation platform for email marketing and sms syncs your tech stack with your website store to scale your business. Online Email & Lead Scraper | Klean Leads [](https://www.kleanleads.com/) Klean Leads is an online email scraper & email address finder. Use it to book more appointments, get more replies, and close more sales. PhantomBuster [](https://phantombuster.com/) Call to Action Examples - 300+ CTA Phrases [](https://ctaexamples.com/) See the best CTA example in every situation covered by the library of 300+ CTA goals. Use the examples to create your own CTAs in minutes. Creative Center: one-stop creative solution for TikTok [](https://ads.tiktok.com/business/creativecenter/pc/en?from=001010) Come to get your next great idea for TikTok. Here you can find the best performing ads, viral videos, and trending hashtags across regions and verticals. Groove.cm GrooveFunnels, GrooveMail with CRM and Digital Marketing Automation Platform - Groove.cm with GrooveFunnels, GroovePages, GrooveKart [](https://groove.cm/) Groove is a website creator, page builder, sales funnel maker, membership site platform, email autoresponder, blog tool, shopping cart system, ecommerce store solution, affiliate manager, video marketing software and more apps to help build your online business. SurveyMonkey: The World’s Most Popular Free Online Survey Tool [](https://www.surveymonkey.com/) Use SurveyMonkey to drive your business forward by using our free online survey tool to capture the voices and opinions of the people who matter most to you. Video Maker | Create Videos Online | Promo.com [](https://promo.com/) Free customizable video maker to help boost your business. Video creator for ads, social media, product and explainer videos, and for anything else you need! beehiiv — The newsletter platform built for growth [](https://www.beehiiv.com/) Access the best tools available in email, helping your newsletter scale and monetize like never before. GetResponse | Professional Email Marketing for Everyone [](https://www.getresponse.com/) No matter your level of expertise, we have a solution for you. At GetResponse, it's email marketing done right. Start your free account today! Search Email Newsletter Archives : Email Tuna [](https://emailtuna.com/) Explore newsletters without subscribing. Get email design ideas, discount coupon codes and exclusive newsletters deals. Database of email newsletters archived from all over the internet. 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Free Online Form Builder & Form Creator | Jotform [](https://www.jotform.com/) We believe the right form makes all the difference. Go from busywork to less work with powerful forms that use conditional logic, accept payments, generate reports, and automate workflows. Manage Your Team’s Projects From Anywhere | Trello [](https://trello.com/en) Trello is the ultimate project management tool. Start up a board in seconds, automate tedious tasks, and collaborate anywhere, even on mobile. TikTok hashtag generator - tiktokhashtags.com [](https://tiktokhashtags.com/) Find out which are the best hashtags for your TikTok post. Create Infographics, Reports and Maps - Infogram [](https://infogram.com/) Infogram is an easy to use infographic and chart maker. Create and share beautiful infographics, online reports, and interactive maps. Make your own here. Confetto - Create Instagram content in minutes [](https://www.confet.to/) Confetto is an all-in-one social media marketing tool built for SMBs and Social Media Managers. Confetto helps you create high-quality content for your audience that maximizes your reach and engagement on social media. Design, copy-write, plan and schedule content all in one place. Find email addresses in seconds • Hunter (Email Hunter) [](https://hunter.io/) Hunter is the leading solution to find and verify professional email addresses. Start using Hunter and connect with the people that matter for your business. PlayPhrase.me: Site for cinema archaeologists. [](https://playphrase.me/) Travel and explore the world of cinema. Largest collection of video quotes from movies on the web. #1 Free SEO Tools → SEO Review Tools [](https://www.seoreviewtools.com/) SEO Review Tools: 42+ Free Online SEO Tools build with ❤! → Rank checker → Domain Authority Checker → Keyword Tool → Backlink Checker Podcastle: Seamless Podcast Recording & Editing [](https://podcastle.ai/) Podcastle is the simplest way to create professional-quality podcasts. Record, edit, transcribe, and export your content with the power of AI, in an intuitive web-based platform. Save Ads from TikTok & Facebook Ad Library - Foreplay [](https://www.foreplay.co/) The best way to save ads from TikTok Creative Center and Facebook Ad Library, Organize them into boards and share ad inspiration with your team. Supercharge your creative strategy. SiteRight - Automate Your Business [](https://www.siteright.co/) SiteRight combines the abilities of multiple online resources into a single dashboard allowing you to have full control over how you manage your business. Diffchecker - Compare text online to find the difference between two text files [](https://www.diffchecker.com/) Diffchecker will compare text to find the difference between two text files. Just paste your files and click Find Difference! Yout.com [](https://yout.com/) Yout.com allows you to record videos from YouTube, FaceBook, SoundCloud, VK and others too many formats with clipping. Intuitively easy to use, with Yout the Internet DVR, with a bit of extra. AI Content Generation | Competitor Analysis - Predis.ai [](https://predis.ai/) Predis helps brands and influencers communicate better on social media by providing AI-powered content strategy analysis, content and hashtag recommendations. Castr | #1 Live Video Streaming Solution With Video Hosting [](https://castr.io/) Castr is a live video streaming solution platform that delivers enterprise-grade live videos globally with CDN. Live event streaming, video hosting, pre-recorded live, multi stream – all in one place using Castr. Headliner - Promote your podcast, radio show or blog with video [](https://www.headliner.app/) Easily create videos to promote your podcast, radio show or blog. Share to Instagram, Facebook, Twitter, YouTube, Linkedin and anywhere video lives Create Presentations, Infographics, Design & Video | Visme [](https://www.visme.co/) Create professional presentations, interactive infographics, beautiful design and engaging videos, all in one place. Start using Visme today. Designrr - Create eBooks, Kindle books, Leadmagnets, Flipbooks and Blog posts from your content in 2 minutes [](https://designrr.io/) Upload any web page, MS Word, Video, Podcast or YouTube and it will create a stunning ebook and convert it to pdf, epub, Kindle or Flipbook. Quick and Easy to use. Full Training, 24x7 Support and Facebook Group Included. SwipeWell | Swipe File Software [](https://www.swipewell.app/) The only Chrome extension dedicated to helping you save, organize, and reference marketing examples (so you never feel stumped). Tango | Create how-to guides, in seconds [](https://www.tango.us/) Tango takes the pain out of documenting processes by automatically generating how-to guides while you work. Empower your team to do their best work. Ad Creative Bank [](https://www.theadcreativebank.com/) Get inspired by ads from across industries, learn new best practices, and start thinking creatively about your brand’s digital creative. Signature Hound • Free Email Signature and Template Generator [](https://signaturehound.com/) Our email signature generator is free and easy to use. Our customizable templates work with Gmail, Outlook, Office 365, Apple Mail and more. Organize All Of Your Marketing In One Place - CoSchedule [](https://coschedule.com/) Get more done in less time with the only work management software for marketers. B Ok - Books [](https://b-ok.xyz/categories) OmmWriter [](https://ommwriter.com/) Ommwriter Rebrandly | Custom URL Shortener, Branded Link Management, API [](https://www.rebrandly.com/) URL Shortener with custom domains. Shorten, brand and track URLs with the industry-leading link management platform. Free to try. API, Short URL, Custom Domains. Common Tools [](https://www.commontools.org/) Book Bolt [](https://bookbolt.io/) Zazzle [](https://www.zazzle.com/) InspiroBot [](https://inspirobot.me/) Download Free Cheat Sheets or Create Your Own! - Cheatography.com: Cheat Sheets For Every Occasion [](https://cheatography.com/) Find thousands of incredible, original programming cheat sheets, all free to download. No Code Chatbot Platform | Free Chatbot Platform | WotNot [](https://wotnot.io/) WotNot is the best no code chatbot platform to build AI bot easily without coding. Deploy bots and live chat on the Website, Messenger, WhatsApp, and more. SpyFu - Competitor Keyword Research Tools for Google Ads PPC & SEO [](https://www.spyfu.com/) Systeme.io - The only tool you need to launch your online business [](https://systeme.io/) Systeme.io has all the tools you need to grow your online business. Click here to create your FREE account! Productivity Temp Mail [](https://temp-mail.org/en/) The Visual Collaboration Platform for Every Team | Miro [](https://miro.com/) Scalable, secure, cross-device and enterprise-ready team collaboration whiteboard for distributed teams. Join 35M+ users from around the world. Grammarly: Free Online Writing Assistant [](https://www.grammarly.com/) Millions trust Grammarly’s free writing app to make their online writing clear and effective. Getting started is simple — download Grammarly’s extension today. Rize · Maximize Your Productivity [](https://rize.io/) Rize is a smart time tracker that improves your focus and helps you build better work habits. Motion | Manage calendars, meetings, projects & tasks in one app [](https://www.usemotion.com/) Automatically prioritize tasks, schedule meetings, and resolve calendar conflicts. Used by over 10k CEOs and professionals to improve focus, get more done, and streamline workday. Notion – One workspace. Every team. [](https://www.notion.so/) We’re more than a doc. Or a table. Customize Notion to work the way you do. Loom: Async Video Messaging for Work | Loom [](https://www.loom.com/) Record your screen, share your thoughts, and get things done faster with async video. Zapier | Automation that moves you forward [](https://zapier.com/) Workflow automation for everyone. Zapier automates your work across 5,000+ app integrations, so you can focus on what matters. Rows — The spreadsheet with superpowers [](https://rows.com/) Combine the power of a spreadsheet with built-in integrations from your business apps. Automate workflows and build tools that make work simpler. Free Online Form Builder | Tally [](https://tally.so/) Tally is the simplest way to create free forms & surveys. Create any type of form in seconds, without knowing how to code, and for free. Highbrow | Learn Something New Every Day. Join for Free! [](https://gohighbrow.com/) Highbrow helps you learn something new every day with 5-minute lessons delivered to your inbox every morning. Join over 400,000 lifelong learners today! Slick Write | Check your grammar. Proofread online. [](https://www.slickwrite.com/#!home) Slick Write is a powerful, FREE application that makes it easy to check your writing for grammar errors, potential stylistic mistakes, and other features of interest. Whether you're a blogger, novelist, SEO professional, or student writing an essay for school, Slick Write can help take your writing to the next level. Reverso [](https://www.reverso.net) Hemingway Editor [](https://hemingwayapp.com/) Web Apps by 123apps - Edit, Convert, Create [](https://123apps.com/) Splitbee – Your all-in-one analytics and conversion platform [](https://splitbee.io/) Track and optimize your online business with Splitbee. Analytics, Funnels, Automations, A/B Testing and more. PDF Tools Free PDF, Video, Image & Other Online Tools - TinyWow [](https://tinywow.com/) Smallpdf.com - A Free Solution to all your PDF Problems [](https://smallpdf.com/) Smallpdf - the platform that makes it super easy to convert and edit all your PDF files. Solving all your PDF problems in one place - and yes, free. Sejda helps with your PDF tasks [](https://www.sejda.com/) Sejda helps with your PDF tasks. Quick and simple online service, no installation required! Split, merge or convert PDF to images, alternate mix or split scans and many other. iLovePDF | Online PDF tools for PDF lovers [](https://www.ilovepdf.com/) iLovePDF is an online service to work with PDF files completely free and easy to use. Merge PDF, split PDF, compress PDF, office to PDF, PDF to JPG and more! Text rewrite QuillBot [](https://quillbot.com/) Pre Post SEO : Online SEO Tools [](https://www.prepostseo.com/) Free Online SEO Tools: plagiarism checker, grammar checker, image compressor, website seo checker, article rewriter, back link checker Wordtune | Your personal writing assistant & editor [](https://www.wordtune.com/) Wordtune is the ultimate AI writing tool that rewrites, rephrases, and rewords your writing! Trusted by over 1,000,000 users, Wordtune strengthens articles, academic papers, essays, emails and any other online content. Aliexpress alternatives CJdropshipping - Dropshipping from Worldwide to Worldwide! [](https://cjdropshipping.com/) China's reliable eCommerce dropshipping fulfillment supplier, helps small businesses ship worldwide, dropship and fulfillment services that are friendly to start-ups and small businesses, Shopify dropshipping. SaleHoo [](https://www.salehoo.com/) Alibaba.com: Manufacturers, Suppliers, Exporters & Importers from the world's largest online B2B marketplace [](https://www.alibaba.com/) Find quality Manufacturers, Suppliers, Exporters, Importers, Buyers, Wholesalers, Products and Trade Leads from our award-winning International Trade Site. Import & Export on alibaba.com Best Dropshipping Suppliers for US + EU Products | Spocket [](https://www.spocket.co/) Spocket allows you to easily start dropshipping top products from US and EU suppliers. Get started for free and see why Spocket consistently gets 5 stars. Best dropshipping supplier to the US [](https://www.usadrop.com/) THE ONLY AMERICAN-MADE FULFILLMENT CENTER IN CHINA. Our knowledge of the Worldwide dropshipping market and the Chinese Supply-Chain can't be beat! 阿里1688 [](https://www.1688.com/) 阿里巴巴（1688.com）是全球企业间（B2B）电子商务的著名品牌，为数千万网商提供海量商机信息和便捷安全的在线交易市场，也是商人们以商会友、真实互动的社区平台。目前1688.com已覆盖原材料、工业品、服装服饰、家居百货、小商品等12个行业大类，提供从原料--生产--加工--现货等一系列的供应产品和服务 Dropshipping Tools Oberlo | Where Self Made is Made [](https://www.oberlo.com/) Start selling online now with Shopify. All the videos, podcasts, ebooks, and dropshipping tools you'll need to build your online empire. Klaviyo: Marketing Automation Platform for Email & SMS [](https://www.klaviyo.com/) Klaviyo, an ecommerce marketing automation platform for email marketing and sms syncs your tech stack with your website store to scale your business. SMSBump | SMS Marketing E-Commerce App for Shopify [](https://smsbump.com/) SMSBump is an SMS marketing & automation app for Shopify. Segment customers, recover orders, send campaign text messages with a 35%+ click through rate. AfterShip: The #1 Shipment Tracking Platform [](https://www.aftership.com/) Order status lookup, branded tracking page, and multi-carrier tracking API for eCommerce. Supports USPS, FedEx, UPS, and 900+ carriers worldwide. #1 Dropshipping App | Zendrop [](https://zendrop.com/) Start and scale your own dropshipping business with Zendrop. Sell and easily fulfill your orders with the fastest shipping in the industry. Best Dropshipping Suppliers for US + EU Products | Spocket [](https://www.spocket.co/) Spocket allows you to easily start dropshipping top products from US and EU suppliers. Get started for free and see why Spocket consistently gets 5 stars. Video Editing Jitter • The simplest motion design tool on the web. [](https://jitter.video/) Animate your designs easily. Export your creations as videos or GIFs. All in your browser. DaVinci Resolve 18 | Blackmagic Design [](https://www.blackmagicdesign.com/products/davinciresolve) Professional video editing, color correction, visual effects and audio post production all in a single application. Free and paid versions for Mac, Windows and Linux. Online Video Editor | Video Creator | InVideo [](https://invideo.io/) InVideo's Online Video Editor Helps You Make Professional Videos From Premium Templates, Images, And Music. All your video needs in one place | Clipchamp [](https://clipchamp.com/) Fast-forward your creations with our video editing platform. Start with a video template or record your webcam or screen. Get the pro look with filters, transitions, text and more. Then, export in minutes and share in an instant. Descript | All-in-one audio/video editing, as easy as a doc. [](https://www.descript.com/) Record, transcribe, edit, mix, collaborate, and master your audio and video with Descript. Download for free →. Kapwing — Reach more people with your content [](https://www.kapwing.com/) Kapwing is a collaborative, online content creation platform that you can use to edit video and create content. Join over 10 million modern creators who trust Kapwing to create, edit, and grow their content on every channel. Panzoid [](https://panzoid.com/) Powerful, free online apps and community for creating beautiful custom content. Google Web Designer - Home [](https://webdesigner.withgoogle.com/) Kapwing — Reach more people with your content [](https://www.kapwing.com/) Kapwing is a collaborative, online content creation platform that you can use to edit video and create content. Join over 10 million modern creators who trust Kapwing to create, edit, and grow their content on every channel. ClipDrop [](https://clipdrop.co/) Create professional visuals without a photo studio CapCut [](https://www.capcut.com/) CapCut is an all-in-one online video editing software which makes creation, upload & share easier, with frame by frame track editor, cloud drive etc. VEED - Online Video Editor - Video Editing Made Simple [](https://www.veed.io/) Make stunning videos with a single click. Cut, trim, crop, add subtitles and more. Online, no account needed. Try it now, free. VEED Free Video Maker | Create & Edit Your Videos Easily - Animoto [](https://animoto.com/k/welcome) Create, edit, and share videos with our online video maker. Combine your photos, video clips, and music to make quality videos in minutes. Get started free! Runway - Online Video Editor | Everything you need to make content, fast. [](https://runwayml.com/) Discover advanced video editing capabilities to take your creations to the next level. CreatorKit - A.I. video creator for marketers [](https://creatorkit.com/) Create videos with just one click, using our A.I. video editor purpose built for marketers. Create scroll stopping videos, Instagram stories, Ads, Reels, and TikTok videos. Pixar in a Box | Computing | Khan Academy [](https://www.khanacademy.org/computing/pixar) 3D Video Motions Plask - AI Motion Capture and 3D Animation Tool [](https://plask.ai/) Plask is an all-in-one browser-based AI motion capture tool and animation editor that anybody can use, from motion designers to every day content creators. Captions Captions [](https://www.getcaptions.app/) Say hello to Captions, the only camera and editing app that automatically transcribes, captions and clips your talking videos for you. Stock videos Pexels [](https://www.pexels.com/) Pixabay [](https://pixabay.com/) Mixkit - Awesome free assets for your next video project [](https://mixkit.co/) Download Free Stock Video Footage, Stock Music & Premiere Pro Templates for your next video editing project. All assets can be downloaded for free! Free Stock Video Footage HD 4K Download Royalty-Free Clips [](https://www.videvo.net/) Download free stock video footage with over 300,000 video clips in 4K and HD. We also offer a wide selection of music and sound effect files with over 180,000 clips available. Click here to download royalty-free licensing videos, motion graphics, music and sound effects from Videvo today. Free Stock Video Footage HD Royalty-Free Videos Download [](https://mazwai.com/) Download free stock video footage with clips available in HD. Click here to download royalty-free licensing videos from Mazwai now. Royalty Free Stock Video Footage Clips | Vidsplay.com [](https://www.vidsplay.com/) Royalty Free Stock Video Footage Clips Free Stock Video Footage, Royalty Free Videos for Download [](https://coverr.co/) Download royalty free (for personal and commercial use), unique and beautiful video footage for your website or any project. No attribution required. Stock Photos Beautiful Free Images & Pictures | Unsplash [](https://unsplash.com/) Beautiful, free images and photos that you can download and use for any project. Better than any royalty free or stock photos. When we share, everyone wins - Creative Commons [](https://creativecommons.org/) Creative Commons licenses are 20! Honoring 20 years of open sharing using CC licenses, join us in 2022 to celebrate Better Sharing — advancing universal access to knowledge and culture, and fostering creativity, innovation, and collaboration. Help us reach our goal of raising $15 million for a future of Better Sharing.  20 Years of Better … Read More "When we share, everyone wins" Food Pictures • Foodiesfeed • Free Food Photos [](https://www.foodiesfeed.com/) Download 2000+ food pictures ⋆ The best free food photos for commercial use ⋆ CC0 license Free Stock Photos and Images for Websites & Commercial Use [](https://burst.shopify.com/) Browse thousands of beautiful copyright-free images. All our pictures are free to download for personal and commercial use, no attribution required. EyeEm | Authentic Stock Photography and Royalty-Free Images [](https://www.eyeem.com/) Explore high-quality, royalty-free stock photos for commercial use. License individual images or save money with our flexible subscription and image pack plans. picjumbo: Free Stock Photos [](https://picjumbo.com/) Free stock photos and images for your projects and websites.️ Beautiful 100% free high-resolution stock images with no watermark. Free Stock Photos, Images, and Vectors [](https://www.stockvault.net/) 139.738 free stock photos, textures, backgrounds and graphics for your next project. No attribution required. Free Stock Photos, PNGs, Templates & Mockups | rawpixel [](https://www.rawpixel.com/) Free images, PNGs, stickers, backgrounds, wallpapers, graphic templates and PSD mockups. All safe to use with commercial licenses. Free Commercial Stock Photos & Royalty Free Images | PikWizard [](https://pikwizard.com/) Free images, videos & free stock photos. Unlimited downloads ✓ Royalty-free Images ✓Copyright-free for commercial use ✓ No Attribution Required Design Bundles [](https://designbundles.net/) Stock music Royalty Free Music for video creators | Epidemic Sound [](https://www.epidemicsound.com/) Download premium Royalty free Music and SFX! Our free trial gives you access to over 35,000 tracks and 90,000 sound effects for video, streaming and more! Royalty-Free Music & SFX for Video Creators | Artlist [](https://artlist.io/) Explore the ultimate royalty-free music & sound effects catalogs for unlimited use in YouTube videos, social media & films created by inspiring indie artists worldwide. The go-to music licensing choice for all creators Royalty Free Audio Tracks - Envato Elements [](https://elements.envato.com/audio) Download Royalty Free Stock Audio Tracks for your next project from Envato Elements. Premium, High Quality handpicked Audio files ideal for any genre. License popular music for videos • Lickd [](https://lickd.co/) The only place you can license popular music for videos. Access 1M+ mainstream tracks, plus high-quality stock music for content creators NCS (NoCopyrightSounds) - free music for content creators [](https://ncs.io/) NCS is a Record Label dedicated to giving a platform to the next generation of Artists in electronic music, representing genres from house to dubstep via trap, drum & bass, electro pop and more. Search Engine Optimization Keyword Tool For Monthly Search Volume, CPC & Competition [](https://keywordseverywhere.com/) Keywords Everywhere is a browser add-on for Chrome & Firefox that shows search volume, CPC & competition on multiple websites. Semrush - Online Marketing Can Be Easy [](https://www.semrush.com/) Turn the algorithm into a friend. Make your business visible online with 55+ tools for SEO, PPC, content, social media, competitive research, and more. DuckDuckGo — Privacy, simplified. 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Neon Tools [](https://neontools.io/) Google Index Search [](https://lumpysoft.com/) Google Index Search SEO Backlink Checker & Link Building Toolset | Majestic.com [](https://majestic.com/) Develop backlink strategies with our Link Intelligence data, build the strongest SEO backlink campaigns to drive organic traffic and boost your rankings today. 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Filter Websites Audio Business Tools Copywriting Design Entertainment Graphics Guides Health Marketing PC Resources Savings SEO Software Travel Video Apply filter Watch Anime Online, Free Anime Streaming Online on Zoro.to Anime Website [](https://zoro.to/) Zoro is a Free anime streaming website which you can watch English Subbed and Dubbed Anime online with No Account and Daily update. WATCH NOW! Animated Drawings [](https://sketch.metademolab.com/) Bring children's drawings to life, by animating characters to move around! Alternativeto [](https://alternativeto.net/) Chatroulette [](https://chatroulette.com/) Random meetings around the world Tiktok Downloader - Download Video tiktok Without Watermark - SnapTik [](https://snaptik.app/en) TikTok Video Downloader - SnapTik.App is one of the best free Download video Tiktok No Watermark tool available online. You can download TikTok video from any device you have. 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teach-AI-in-business

Teaching AI in Business ![HitCount] I am collecting material for teaching AI-related issues to non-tech people. The links should provide for a general understanding of AI without going too deep into technical issues. Please contribute! Make this Issue your First Issue I am collecting material for teaching AI-related issues to non-tech people. The links should have provide for a general understanding of AI without going too deep into technical issues. Please contribute! Kindly use only those Resources with NO CODE NEW Check out also the AI Wiki NEW Online Videos & Courses | Link to Issue | Description | |---|---| | Top Trending Technologies | Youtube Channel to master top trending technologyies including artificial intelligence | | AI4All | AI 4 All is a resource for AI facilitators to bring AI to scholars and students | | Elements of AI | Elements of AI is a free open online course to teach AI principles | | Visual Introduction to Machine Learning | Visual introduction to Machine Learning is a beautiful website that gives a comprehensive introduction and easily understood first encounter with machine learning | | CS50's Introduction to Artificial Intelligence with Python | Learn to use machine learning in Python in this introductory course on artificial intelligence.| | Crash course for AI | This is a fun video series that introduces students and educators to Artificial Intelligence and also offers additional more advanced videos. Learn about the basics, neural networks, algorithms, and more. | Youtuber Channel Machine Learning Tutorial | Youtube Channel Turorial Teachable Machine for beginner | | Artificial Intelligence (AI) |Learn the fundamentals of Artificial Intelligence (AI), and apply them. Design intelligent agents to solve real-world problems including, search, games, machine learning, logic, and constraint satisfaction problems | | AI For Everyone by Andrew Ng | AI For Everyone is a course especially for people from a non-technical background to understand AI strategies | | How far is too far? The age of AI| This is a Youtube Orignals series by Robert Downey| | Fundamentals of Artificial Intelligence|This course is for absolute beginners with no technical knowledge.| | Bandit Algorithm (Online Machine Learning)|No requirement of technical knowledge, but a basic understending of Probability Ttheory would help| | An Executive's Guide to AI|This is an interactive guide to teaching business professionals how they might employ artificial intelligence in their business| | AI Business School|Series of videos that teach how AI may be incorporated in various business industries| | Artificial Intelligence Tutorial for Beginners | This video will provide you with a comprehensive and detailed knowledge of Artificial Intelligence concepts with hands-on examples. | | Indonesian Machine Learning Tutorial | Turorial Teachable Machine to train a computer for beginner | | Indonesian Youtube Playlist AI Tutorial | Youtube Playlist AI Tutorial For Beginner | | Artificial Intelligence Search Methods For Problem Solving By Prof. Deepak Khemani|These video lectures are for absolute beginners with no technical knowledge| | AI Basics Tutorial | This video starts from the very basics of AI and ML, and finally has a hands-on demo of the standard MNIST Dataset Number Detection model using Keras and Tensorflow.| | Simple brain.js Tutorial | This video explains a very simple javascript AI library called brain.js so you can easily run AI in the browser.| | Google AI| A complete kit for by google official for non-tech guy to start all over from basics, till advanced | | Microsoft AI for Beginners| A self-driven curriculum by Microsoft, which includes 24 lessons on AI. | Train Your Own AI | Link to Issue | Description | |---|---| | Teachable Machine | Use Teachable Machine to train a computer to recognize your own images, sounds, & poses | | eCraft2Learn | Resource and interactive space (Snap, a visual programming environment like Scratch) to learn how to create AI programs | | Google Quick Draw | Train an AI to guess from drawings| | Deepdream Generator| Merge Pictures to Deep Dreams using the Deepdream Generator| | Create ML|Quickly build and train Core ML models on your Mac with no code.| | What-If Tool|Visually probe the behavior of trained machine learning models, with minimal coding.| | Metaranx|Use and build artificial intelligence tools to analyze and make decisions about your data. Drag-and-drop. No code.| | obviously.ai|The total process of building ML algorithms, explaining results, and predicting outcomes in one single click.| Articles | By & Title | Description | |---|---| | Artificial Intelligence | Wikipedia Page of AI | | The Non-Technical AI Guide | One of the good blog post that could help AI more understandable for people without technical background | | LIAI | A detailed introduction to AI and neural networks | | Layman's Intro | A layman's introduction to AI | | AI and Machine Learning: A Nontechnical Overview | AI and Machine Learning: A Nontechnical Overview from OREILLY themselves is a guide to learn anyone everything they need to know about AI, focussed on non-tech people | | What business leaders need to know about artifical intelligence|Short article that summarizes the essential aspects of AI that business leaders need to understand| | How Will No-Code Impact the Future of Conversational AI | A humble explanation to the current state of converstational AI i.e.Chatbots and how it coul evolve with the current trend of no coding. | | Investopedia | Basic explanation of what AI is in a very basic and comprehensive way | | Packtpub | A non programmer’s guide to learning Machine learning | | Builtin | Artificial Intelligence.What is Artificial Intelligence? How Does AI Work? | | Future Of Life | Benefits & Risks of Artificial Intelligence | | NSDM India -Arpit | 100+ AI Tools For Non-Coders That Will Make Your Marketing Better. | | AI in Marketing for Startups & Non-technical Marketers | A practical guide for non-technical people | | Blog - Machine Learning MAstery | Blogs and Articles by Jason Browniee on ML | | AI Chatbots without programming| Chatbots are increasingly in demand among global businesses. This course will teach you how to build, analyze, deploy and monetize chatbots - with the help of IBM Watson and the power of AI.| Book Resources for Further Reading | Author | Book | Description & Notes | |---|---|---| | Ethem Alpaydin|Machine Learning: The New AI | Graph Theory with Applications to Engineering & Computer Science. A concise overview of machine learning—computer programs that learn from data—which underlies applications that include recommendation systems, face recognition, and driverless cars. | | Charu C. Aggarwal| Neural Networks and Deep Learning | This book covers both classical and modern models in deep learning. The primary focus is on the theory and algorithms of deep learning. The book is also rich in discussing different applications in order to give the practitioner a flavor of how neural architectures are designed for different types of problems. | | Hal Daumé III | A Course in Machine Learning | The purpose of this book is to provide a gentle and pedagogically organized introduction to the field. A second goal of this book is to provide a view of machine learning that focuses on ideas and models, not on math. | | Ian Goodfellow and Yoshua Bengio and Aaron Courville| Deep Learning | The book starts with a discussion on machine learning basics, including the applied mathematics and algorithms needed to effectively study deep learning from an academic perspective. There is no code covered in the book, making it perfect for a non-technical AI enthusiast. | | Peter Harrington|Machine Learning in Action| (Source: https://github.com/kerasking/book-1/blob/master/ML%20Machine%20Learning%20in%20Action.pdf) This book acts as a guide to walk newcomers through the techniques needed for machine learning as well as the concepts behind the practices.| | Jeff Heaton| Artificial Intelligence for Humans |This book helps its readers get an overview and understanding of AI algorithms. It is meant to teach AI for those who don’t have an extensive mathematical background. The readers need to have only a basic knowledge of computer programming and college algebra.| | John D. Kelleher, Brian Mac Namee and Aoife D'Arcy|Fundamentals of Machine Learning for Predictive Data Analytics: Algorithms, Worked Examples, and Case Studies (The MIT Press)|This book covers all the fundamentals of machine learning, diving into the theory of the subject and using practical applications, working examples, and case studies to drive the knowledge home.| | Deepak Khemani| [A First Course in Artificial Intelligence] | It is an introductory course on Artificial Intelligence, a knowledge-based approach using agents all across and detailed, well-structured algorithms with proofs. This book mainly follows a bottom-up approach exploring the basic strategies needed problem-solving on the intelligence part. | | Maxim Lapan | Deep Reinforcement Learning Hands-On - Second Edition | Deep Reinforcement Learning Hands-On, Second Edition is an updated and expanded version of the bestselling guide to the very latest reinforcement learning (RL) tools and techniques. It provides you with an introduction to the fundamentals of RL, along with the hands-on ability to code intelligent learning agents to perform a range of practical tasks. | | Tom M Mitchell | Machine Learning | This book covers the field of machine learning, which is the study of algorithms that allow computer programs to automatically improve through experience. The book is intended to support upper level undergraduate and introductory level graduate courses in machine learning. | | John Paul Mueller and Luca Massaron|Machine Learning For Dummies|This book aims to get readers familiar with the basic concepts and theories of machine learning and how it applies to the real world. And "Dummies" here refers to absolute beginners with no technical background.The book introduces a little coding in Python and R used to teach machines to find patterns and analyze results. From those small tasks and patterns, we can extrapolate how machine learning is useful in daily lives through web searches, internet ads, email filters, fraud detection, and so on. With this book, you can take a small step into the realm of machine learning and we can learn some basic coding in Pyton and R (if interested)| | Michael Nielsen| Neural Networks and Deep Learning |Introduction to the core principles of Neural Networks and Deep Learning in AI| | Simon Rogers and Mark Girolami| A Course in Machine Learning |A First Course in Machine Learning by Simon Rogers and Mark Girolami is the best introductory book for ML currently available. It combines rigor and precision with accessibility, starts from a detailed explanation of the basic foundations of Bayesian analysis in the simplest of settings, and goes all the way to the frontiers of the subject such as infinite mixture models, GPs, and MCMC.| |Peter Norvig| Paradigm of Artificial Intelligence Programming |Paradigms of AI Programming is the first text to teach advanced Common Lisp techniques in the context of building major AI systems. By reconstructing authentic, complex AI programs using state-of-the-art Common Lisp, the book teaches students and professionals how to build and debug robust practical programs, while demonstrating superior programming style and important AI concepts.| | Stuart Russel & Peter Norvig | Artificial Intelligence: A Modern Approach, 3rd Edition | This is the prescribed text book for my Introduction to AI university course. It starts off explaining all the basics and definitions of what AI is, before launching into agents, algorithms, and how to apply them. Russel is from the University of California at Berkeley. Norvig is from Google.| | Richard S. Sutton and Andrew G. Barto| Reinforcement Learning: An Introduction |Reinforcement learning, one of the most active research areas in artificial intelligence, is a computational approach to learning whereby an agent tries to maximize the total amount of reward it receives while interacting with a complex, uncertain environment.| | Alex Smola and S.V.N. Vishwanathan | Introduction to Machine Learning | Provides the reader with an overview of the vast applications of ML, including some basic tools of statistics and probability theory. Also includes discussions on sophisticated ideas and concepts. | | Shai Shalev-Shwartz and Shai Ben-David | Understanding Machine Learning From Theory to Algorithms |The primary goal of this book is to provide a rigorous, yet easy to follow, introduction to the main concepts underlying machine learning. | | Chandra S.S.V | Artificial Intelligence and Machine Learning | This book is primarily intended for undergraduate and postgraduate students of computer science and engineering. This textbook covers the gap between the difficult contexts of Artificial Intelligence and Machine Learning. It provides the most number of case studies and worked-out examples. In addition to Artificial Intelligence and Machine Learning, it also covers various types of learning like reinforced, supervised, unsupervised and statistical learning. It features well-explained algorithms and pseudo-codes for each topic which makes this book very useful for students. | | Oliver Theobald|Machine Learning For Absolute Beginners: A Plain English Introduction|This is an absolute beginners ML guide.No mathematical background is needed, nor coding experience — this is the most basic introduction to the topic for anyone interested in machine learning.“Plain” language is highly valued here to prevent beginners from being overwhelmed by technical jargon. Clear, accessible explanations and visual examples accompany the various algorithms to make sure things are easy to follow.| | Tom Taulli | Artificial Intelligence Basics: A Non-Technical Introduction | This book equips you with a fundamental grasp of Artificial Intelligence and its impact. It provides a non-technical introduction to important concepts such as Machine Learning, Deep Learning, Natural Language Processing, Robotics and more. Further the author expands on the questions surrounding the future impact of AI on aspects that include societal trends, ethics, governments, company structures and daily life. | |Cornelius Weber, Mark Elshaw, N. Michael Mayer| Reinforcement Learning |Learning is a very important aspect. This book is on reinforcement learning which involves performing actions to achieve a goal. The first 11 chapters of this book describe and extend the scope of reinforcement learning.| |John D. Kelleher, Brian Mac Namee, Aoife D'arcy| Algorithms, Worked Examples, and Case Studies | A comprehensive introduction to the most important machine learning approaches used in predictive data analytics, covering both theoretical concepts and practical applications. |