OpenAI's DevDay 2023 marked a pivotal moment in the AI industry. OpenAI was not only announcing updates to their platform but also implementing them immediately and without prior notice. This has had a significant impact on startups that relied on products interfacing with OpenAI models as many tools became outdated overnight. Especially the introduction of...
Category: Business
How AI is Reshaping the World of Professional Writing
In today's rapidly evolving digital landscape, AI is no longer confined to the domains of virtual assistants like Siri and Alexa. AI tools, like ChatGPT, are emerging as formidable players in the professional realm, particularly in writing. But as this technology gains traction, several questions arise: How is it changing the way professionals work? What...
How to Take Your Small Business Online
Whether your small business is well-established, just starting out, or somewhere in between, having a dedicated online presence is a must. Why is this such a necessity? Consider these statistics: As of 2023, over 4.88 billion people globally are internet users. Around 97% of consumers go online to find and research local businesses. Over 70%...
AI in the Workplace: A Plus for Productivity and Quality
The world is abuzz with talks of Artificial Intelligence (AI) and its transformative potential. But how does it fare when integrated into the daily workflows of knowledge workers? A recent paper titled "Navigating the Jagged Technological Frontier" delves deep into this question. Understanding the Study's Landscape The study's core objective was rooted in the increasing...
Why Your Business Should Enroll Employees in AI Workshops
Artificial Intelligence (AI) is reshaping the global business landscape. Its applications span every industry, driving operational efficiencies and enabling innovation. As businesses strive to harness the power of AI, it's crucial to ensure that their employees are equipped with the requisite knowledge and skills. Recent research further underscores the significance of AI integration in the...
When LLMs Code: Is there a Future for Human Software Engineers?
Software engineers, once confident in the security and indispensability of their roles, find themselves in an era of increasing technological advancement where their job security is questioned. Similar sentiments are echoed by professionals in other fields. Copy editors and translators, for instance, have been grappling with the rise of advanced algorithms and automation tools that...
The Future of Aggregator Sites in the Age of Chat-Based Search
As chat-based search platforms like Bing or Bard continue to gain traction, the future of aggregator sites and marketplaces has been called into question. These platforms compile and present data from various sources, allowing users to compare products, services, and prices with ease. In this analysis, we’ll delve into the potential impact of chat-based models...
10 Ways Cryptocurrency Can Help Startups
Cryptocurrency is one of the most talked about topics in the business world right now. While some people are unsure about its validity, others see it as a way to revolutionize the way businesses operate. Cryptocurrency has already made an impact on the startup world, and we believe that its popularity will only continue to...
Every fourth company in Austria sees no benefit in digitization
Not even the Covid19 pandemics is helping to accelerate the digitization process in Austria. The majority of companies also expects that the innovations won't last. The fifth Austrian digitization Index, which Strategy Consultant Arthur D. Little (ADL Austria) and Marketmind collected on behalf of Drei, revealed that a fourth of Austrian companies see no benefit...
What is a Workation? Should you try one?
A workation is a new trend that is becoming popular among young professionals. It is a combination of work and vacation, usually involving remote work in a location outside of an individual's usual office. For example, someone might work from a beach resort for a week, or from a cabin in the woods for a...
