Philippe Telio

New experiment and data show how business leaders use generative AI. If you don’t, or doesn’t train your employees on how to use AI properly, they are already less productive but mostly, might may make errors that harm the bottom line.

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The AI hype bubble is almost over. When investors refused to fund new AI startups because they know they’re going to fail, then the AI hype bubble is starting to fail. Even the most clueless, Investors now know that this is a bubble waiting to burst like the metaverse bubble and the dotcom bubble. And nobody wants to be left, holding the back on this bubble. The era of free money iis over with interest rates sky high. When big tech companies are losing money on AI and the bigger AI startups are demonstrating that they are all dead and struggling to even have revenue, then no one is interested in funding, smaller AI startups that they don’t believe will be profitable anytime soon. People aren’t waiting for an AI unicorn to break out. They are waiting for Microsoft, Google, Amazon, and similar to start buying distressed AI startups. Collapsing companies and minimal paths to profitability doesn’t help a space that was already overhyped. Don’t forget in all this mess that the unfortunate reality is that engagement and retention don’t match installs and downloads. What I mean by this is the most basic of mobile tracking were ignored. You don’t judge success in the mobile market based on downloads or installs, but rather based on retention and engagement. What this means is, it’s not actually impressive for OpenAI to get to 100 million users quickly if 2% of them retain. The question is not how many people signed up for a free account. The question is how many monthly active users and daily active users do AI startups like OpenAI, Anthropic, Perplexity, Stability, and others have. And how many are paying customers? And what we are finding is that retention is in low single digits. The reality is that AI startups are getting users the way that mobile free to play did. And they haven’t found a way to actually make money on that. Don’t ask an AI startup how many users signed up. Ask them how many DAUs and MAUs they have. Ask them what their ARPDAU is. What you will find is that every number is low. AI startups have no idea how to do monetization, and they don’t have regular active users in any volume. What this points to is that they’re all going to fold or get bought.

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VC and dilution Below we show the median dilution in both primary and bridge rounds across the early rounds for VC-backed companies.

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Woo! Anthropic has finally made Claude/Claude Pro available to Canadians. Very happy to have direct access to it for testing. I also like the fact that they explicitly say they don't train on the data from interactions. For reference; "By default (and just like our beta version of Claude.ai), we will not use your prompts and conversations from Claude Pro to train our models. There are two instances in which we may use your prompts and conversations to train our models: (1) if you give us explicit permission by submitting feedback through the thumbs up/down feature or by reaching out to us with a request, and (2) where your prompts and conversations are flagged for trust and safety review, we may use or analyze those conversations to improve our ability to detect and enforce Usage Policy violations, including to train Trust and Safety classifiers in order to make our services safer. Only a limited number of staff members have access to conversation data and they will only access this data for explicit business purposes." #anthropic #ai #claude #claudepro #Canada #access

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📢 I'm thrilled to announce the publication of "The Investor's Guide to Profiting from the AI Boom Part I: Explore the AI Landscape and Invest with Confidence"! 🧠💼 In this guide, I delve into the AI revolution, offering insights on navigating the new tech boom while avoiding the pitfalls that plagued the dot-com era. Learn essential strategies to thrive in AI investments and position yourself for long-term success. Gain valuable knowledge and make informed investment decisions. 🚀📈 #AIInvesting #TechBoom #InvestmentGuide #AIRevolution #FinancialGrowth Read the full guide https://lnkd.in/gYEM-bbP Stay tuned for Part II, where I'll share my top investment picks and criteria for identifying the AI winners of tomorrow!

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