Hey there!

Happy Friday. We are beyond thrilled with the positive response we’ve gotten from you with the new format.

As we are entering the festive season, we wanted to wish all of our readers a very good break! We will also take some time off next Tuesday (Home Alone + left over turkey time), so there won’t be a Tuesday newsletter. We will be back with a bang on Wednesday. In the meantime…

Enjoyyyy!

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1. How Will Marketplaces Reshape In The Age Of AI

2. How Do People Actually Feel About AI-Generated Content

3. Snapchat Launches an AI Image Generator

4. AI and Social Media Predictions for 2024

How Will Marketplaces Reshape In The Age Of AI

Regardless of whether you’re a consumer or a seller, this is a brilliant article from Andreessen Horowitz on how marketplaces will re-shape in the age of AI. It’s an important read for any ecommerce seller as it highlights a lot of what we’ve been discussing in previous issues. We’ve done a little summary below:

Demand Side Enhancements: AI will revolutionize the buyer experience by introducing new search modalities. This means moving away from traditional search methods to more intuitive ones, like using natural language or images. Check out this interview with Kevin King on how this might look like with Amazon.

Custom Supply Creation: In instances where a product doesn't exist, AI can connect buyers with suppliers capable of turning their unique ideas into reality. This concept, akin to an AI-enhanced version of Etsy, will significantly broaden the range of available products. You can find an interesting Off/Script piece we wrote in this issue.

Enhanced Negotiation and Customer Service: AI can serve as a negotiation assistant and customer service agent, providing buyers with an efficient and interactive shopping experience. This also benefits suppliers by reducing their time spent on non-core tasks.

Supply Side Considerations: The impact of AI on suppliers is more nuanced. Marketplaces will need to adapt based on whether they deal with digital or physical products and whether their offerings are commoditized or personalized.

1. Digital Products and Services: AI may replace certain digital services, posing challenges for platforms like Upwork. However, it can also supercharge creative content production, aiding platforms like Cameo.

2. Physical Products: AI's role here will be less disruptive but will streamline operations for suppliers, particularly for platforms like Instacart or Etsy.

• Midjourney is testing a new alpha website, allowing direct image generation, a shift from its Discord-based home. The site features a user-friendly interface with simplified settings. It’s initially available to users with over 10,000 Midjourney creations but should expand soon.

• Here is an interesting experiment showing how people feel about AI generated content. Guess what? They like it if they don’t know.

• Action Time: Calling Claude 2 in Google Sheets. Here’s how.

• Snapchat is enhancing its Snapchat+ subscription with new AI features. Subscribers can now generate and send AI-created images using text prompts and access a new AI extend tool for image editing. Additionally, the Dream selfie feature is updated to include friends in AI-generated selfies.

• Action Time: Here is a list of AI Tools for video timestamps.

• Read this to get the latest AI and Social Media Predictions for 2024.

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⏰ Sixty AI - Operates discreetly in your device's background, managing messages, invites, and alerts, only alerting you for crucial matters.

🧠 Envision AI - Swiftly summarize extensive customer interviews. Quickly transcribe and receive detailed AI notes from Zoom calls in under five minutes.

🎥 VEED Captions App - An effortless solution for creating compelling short-form videos.

🤖 GPT Wrapped - Reflect on your 2023 ChatGPT usage with a personalized year in review recap.

📊 Parsio - Automatically extract structured data from PDFs, emails, and other documents.

🎨 Freeflo - Enhance AI image creation using unique, free, and reusable style prompts for Midjourney, Clipdrop, Firefly, and DALL-E.

🧑 Taskade Custom AI Agents - Tailored tools for automating routine tasks such as research, task management, and content generation.

😍It was great, all I needed

🙂Good, not great

🙄It sucked