Small Business Tech Roundup: OpenAI Launches GPT-4 API For Everyone
In this week’s small business tech roundup, we bring you five important updates from the world of technology that could impact your business. From the launch of OpenAI’s GPT-4 API to the decline in TikTok’s popularity as an e-commerce search engine, these developments are worth noting. Keep reading to stay informed about these tech updates and how they can affect your business.
1. OpenAI Releases GPT-4 API for All Users
OpenAI, a renowned research laboratory, recently announced on Twitter that its GPT-4 API is now available to all paying customers. This release is significant for developers in the field of open source artificial intelligence, as they now have access to OpenAI’s large language model (LLM). With this API, developers can use OpenAI’s tools and apply them to their own products. OpenAI plans to expand access to the API to new developers by the end of the month, while also phasing out older models like GPT-3 in the coming year. This development opens up new possibilities for businesses to leverage the power of AI and integrate it with their own data, providing quick answers and automating tasks.
2. Study Shows Decline in TikTok’s Popularity as an E-commerce Search Engine
If you’re an online merchant who utilizes TikTok as an advertising platform, you might want to reconsider. A recent study conducted by CivicScience reveals a notable decline in the percentage of people using TikTok as their go-to source for product searches. The study shows that the usage among Gen Z has gone from 18% in 2022 to 11% currently, while for Millennials it has decreased from 10% to 5%. Instead, Amazon and Google remain the top choices for product searches across various demographics. While TikTok can still be a valuable e-commerce platform for certain businesses, it’s essential to know your target audience and understand their preferences.
3. American Airlines Introduces HEAT Software for Resolving Flight Delays and Cancellations
American Airlines has developed a technological solution to address a common problem – cancelled or delayed flights due to severe weather conditions. Their new software, called HEAT (Hub Efficiency Analytics Tool), is designed to anticipate disruptions caused by weather and keep customers moving. By gathering data through their analytics tool, American Airlines can analyze and designate which flights to delay or cancel, minimizing the impact on their operations. This use of AI technology showcases the practical applications of real-time information analysis, which can save businesses time and money by making informed decisions.
4. Gmail Integrates Calendly-Style Availability Sharing from Google Calendar
Google is merging its Gmail and Calendar features to enhance the scheduling process for users. When composing an email that involves scheduling, users will now see the Calendar icon at the bottom right corner of the window. This integration enables users to create events directly from their emails, with the event name automatically inserted into the subject line and recipients added as participants. Additionally, Google Calendar now supports integration with Stripe, allowing for seamless payment transactions and booking appointments. These features can streamline communication and enhance productivity for businesses.
5. AnotherZero Launches All-in-One Business Management Tool
AnotherZero, a consulting platform, has unveiled an all-in-one operative tool designed for business owners. This tool enables businesses, both new and established, to integrate and manage all aspects of their operations within a single platform. By combining functionalities such as CRM, marketing, e-commerce, and payment tools, AnotherZero aims to simplify business management and provide a comprehensive solution for businesses worldwide. With positive customer feedback and a growing user base, this platform shows promise for streamlining operations and increasing efficiency.
In conclusion, these tech updates offer valuable insights for small businesses. OpenAI’s release of the GPT-4 API opens up opportunities for businesses to leverage AI and optimize their operations. The decline in TikTok’s popularity as an e-commerce search engine highlights the importance of understanding your target audience and utilizing platforms that align with their preferences. American Airlines’ new software demonstrates the benefits of AI technology in real-time decision-making, while Gmail’s integration of calendaring features provides a more seamless scheduling experience. Finally, AnotherZero’s all-in-one business management tool offers a comprehensive solution for businesses seeking to streamline their operations. Keep these developments in mind as you navigate the ever-changing world of technology and consider how they can benefit your business.
