TurboTax and HubSpot Go All-In With AI
Just in case you weren't sure...AI is here to stay.
Jelani Abdus-Salaam
September 07, 2023
Happy almost Friday! Yesterday we sent an email and mistakenly didn’t change the subject line. Oops. We wish we could blame AI, but AI wouldn’t be so silly. Right?
Speaking of silly, a study conducted at Stanford University found that the performance of ChatGPT decreased on certain tasks in June compared to its performance in March. Have you noticed a difference?
Here’s what’s on the agenda today.
📈 HubSpot Announces Comprehensive AI Strategy
🧑💻 OpenAI Announces First-Ever Developer Conference
💸 Intuit Brings AI-Powered Financial Assistance to Users
Let’s get to it.
HubSpot Changing Gears
📈 HubSpot Announces Comprehensive AI Strategy
Prompt: Analytics dashboard on computer, crm
Overview
HubSpot announced an extensive AI strategy at the Inbound customer conference. With the rise of their generative AI project, "ChatGPT", the company plans to significantly alter the manner in which we interact with software, aiming to simplify the tasks for marketers and salespeople.
Key Points
HubSpot's AI strategy aims at using AI and generative AI to alter the interaction with software and facilitate marketers’ and salespeople's tasks.
The company has access to a wealth of content for model training which includes blog posts and other customer-created material stored in HubSpot.
Their AI strategy incorporates content assistants, AI agents, AI insights, and ChatSpot to provide a comprehensive suite of automated and predictive tools to meet customer needs.
Why It Matters
This move towards AI integration by HubSpot could potentially revolutionize the business landscape. It not only changes the way marketers and salespeople accomplish their tasks but also reflects the broader shift towards automation and predictive tools in business. This integration of AI in business may increase efficiency while transforming how value gets created for customers.
Source: TechCrunch
What’s Happenin’ On Social
🎞️ New AI Features in CapCut Desktop
Video editing software CapCut has introduced new AI features in their desktop app. The features include the ability to turn speech into songs and change the voice in your videos to other people’s voices.
Events Are Cool Again
🧑💻 OpenAI Announces First-Ever Developer Conference
Prompt: Hands cheer with beer, rainbow color, abstract art, in the style of David Lynch, by Wes Anderson, concept art, artstation
Overview
OpenAI is hosting its first-ever developer conference on November 6th. The event will include keynotes, breakout sessions, and previews of new tools and exchange ideologies. While the details are still under wraps, updates on OpenAI's latest acquisitions and innovations are highly anticipated.
Key Points
OpenAI's DevDay will provide a platform for innovative discussions and previews of new tools that offer novel AI solutions.
While updates on GPT-5 are not expected, insights on Global Illumination, the AI design studio acquired by OpenAI, and the availability of GPT-4’s image understanding capabilities are eagerly awaited.
The conference will attract a global audience as parts of the event, including keynote speeches, will be streamed online, allowing 'hundreds' of developers to participate.
Why It Matters
This developer conference not only consolidates OpenAI's standing in the AI ecosystem but also provides an opportunity to show the recent advancements and future plans for OpenAI. It is a significant step for the rapidly growing AI sector. Moreover, it brings together a community of over 2 million developers, fostering a collaborative environment for AI innovation. The conference is also a strategic move by OpenAI to demonstrate its commercial viability and potential profitability.
Source: TechCrunch
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AI Making Taxes Easy?
💸 Intuit Brings AI-Powered Financial Assistance to Users
Prompt: text: "turbo tax"; 3D made of cute red wool, creative background, painting, 3d render
Overview
Intuit, the parent company of TurboTax, has launched an AI assistant called "Intuit Assist". The new tool, based on a custom AI platform known as GenOS, is designed to offer users personalized financial advice and recommendations, boosting their ability to manage their finances and simplify tax filing. Public access to Intuit Assist is now available for TurboTax customers and select users of other Intuit products.
Key Points
Intuit's AI tool is designed to simplify personal finance for consumers and small to medium-sized businesses, offering personal financial advice and speeding up tax filings.
"Intuit Assist" uses a custom AI platform called GenOS to generate its advice and recommendations, with the company's Chief Data Officer claiming that it has performed well in internal accuracy tests.
The underlying AI platform GenOS combines user prompts with real-time customer data, using Intuit's large data sets to build custom AI models for each product.
Why It Matters
The integration of AI in financial management software like TurboTax could help bridge the gap for small businesses and individuals who lack the resources of larger entities. If effective, it can potentially transform the way users manage personal finance and conduct tax filing. Furthermore, it also signifies the accelerating integration of AI into various industries.
Source: ArsTechnica
Trending
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Tool Highlight From Our Database
🖥️ Sphinx Mind
Within our extensive database of over 8,000 AI tools, today's featured tool is just one of the many standout innovations.
Sphinx Mind is an AI chatbot designed to drive marketing success through comprehensive reporting, real-time optimization, in-depth analysis, and data-driven insights.
Other Cool Tools From Our Database
SearchGPT - SearchGPT's Spreadsheet Generator is an innovative AI tool that allows users to create spreadsheets based on given instructions.
Bitbaza - AI-powered tool that scans millions of public conversations across various social media platforms and PR sources to identify those that are relevant to your brand.
ProfilePro - An AI tool that provides SEO-optimized service descriptions and product descriptions to help businesses get found by more potential customers on Google Maps.
That’s it for today! Thanks for reading. If you enjoyed this issue head over to https://bestofai.com to find more tools, tricks, insights, and news.
Until next time, stay safe.
-Best of AI Team
Note: This issue was written in collaboration with ChatGPT, Grammarly, Lexica and edited by a human. Welcome to the future.
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