📦 Elon Launches New AI Startup xAI

PLUS: How To Create a Cash Flowing Newsletter w/ the Help of AI

Happy Tuesday,

We have a whole new design! I aimed to make it a tiny bit more appealing to your eyeballs 👀 

Let me know if you like the new design with the feedback survey here

Let’s get started!

But first, with my favorite quote of the week

Comparison isn’t the thief of joy, judgment based on the comparison is.

- Alex Hormozi

Today’s toolbox includes:

  • 💰️ Create a Cash Flowing Newsletter w/ the Help of AI

  • 📉 Is ChatGPT Getting Worse?

  • 🦺 Salesforce CEO says nobody wants an AI “Hiroshima” moment

  • ✖️ Elon Musk Has Rebranded Twitter to 'X'

  • 🛠️ 5 New & Trending AI Tools

Read time: 4-5 minutes

🛠️ Top 5 Trending AI Tools

  • Tellius helps you analyze and make quicker decisions with AI

  • Type makes writing fast and fun

  • Folio create custom interactive product demos without code

  • TuneBlades create AI music remixes in seconds

  • SpeakPerfect easily enhance your audio recordings

💰️ 1 AI Business Idea

Create a Cash Flowing Newsletter w/ the Help of AI

Stop🤚, I know what you’re thinking

  • newsletters are for old people

  • nobody reads newsletters

  • newsletters are a waste of time

You’re wrong, here’s why

  1. everyone has an email

  2. direct access to your audience

  3. great way to build a brand

  4. connect with your audience

  5. no one can cancel your newsletter

  6. an amazing sales tool

Milk Road, a daily crypto newsletter, went from 0-150,000 subscribers in 6 months and amassed $1 million in annual reoccurring revenue

There is money in having an engaging newsletter

Q: What do I create a newsletter about?
A: Anything you are interested in. This is your chance to nerd out to people who will actually care about what you have to say

And since you are already interested in the subject, you’ll already be doing research and experiencing new things which will be content for you to talk about in your newsletter

You can create a newsletter about investing, marketing, business, saas, lawn mowing, etc

I understand most of you are probably not writers

If you haven’t already noticed, neither am I

But you will learn, you’ll get better, and in todays world you can use AI to help you

I use Beehiiv to help manage and write my newsletter

Beehiiv is a new newsletter management platform that understands simplicity

They make everything incredibly easy and straightforward, and they have a free plan for you to use if you want to try it out

There’s also ConvertKit, I haven’t used it myself but I’ve heard good things

MailChimp gives me a headache

Q: What AI tools can I use to help write my newsletter?

1) Claude is basically my personally writing assistant

  • Accepts prompts up to 70K words (vs ChatGPT's ~500)

  • Can ingest multiple docs as prompts

  • Great at making results sound human

  • far longer prompts & multi-doc prompting

2) Beehiiv AI has integrated AI into their platform which includes..

  • AI writing assistance

  • AI text tools

  • AI image generation right from platform

  • AI translator

Q: How can I monetize my newsletter?

There’s many different ways to monetize with a newsletter as shown in the tweet below by @JMatthewMcGarry

I highly recommend you give him a follow if you are interested in started a newsletter

If you’re more of a visual learner, here’s a great video about why you should start an email newsletter now and how you can monetize it

tl;dr: Start a newsletter about your interests and expertise using AI writing tools like Claude and Beehiiv. Newsletters build audience and monetize through subscriptions, sponsorship, and other methods

📝 3 Articles You Should Know About

Summary: Recent experiments reveal inconsistencies in GPT-4's problem-solving abilities, sparking debate on the AI behind ChatGPT.

Key Points:

  • GPT-4 shows fluctuating performance when solving math problems.

  • Researchers find its behavior varies significantly over time.

  • Possible reasons include training data changes, model updates, algorithm tweaks, catastrophic forgetting.

  • OpenAI addressing concerns via transparency, improvements, user feedback.

Our take: I’ve noticed ChatGPT worsening myself and I’ve also been hearing this from other people. I’ve noticed from doing large AI automations that over time ChatGPT gets inconsistent and makes silly mistakes.

Summary: Salesforce CEO Marc Benioff discussed the potential dangers of AI like ChatGPT during an interview, warning of a "Hiroshima moment" if it is misused.

Key Points:

  • Benioff says responsible use of AI requires collaboration between companies, governments, NGOs, etc.

  • Benioff said AI is entering a new phase with multimodal agents that integrate text, speech and video. As they become more capable, they may take actions without human knowledge.

  • This change will bring benefits like augmenting human abilities, but also risks as the technology advances rapidly.

  • Benioff said no one is fully prepared for this transformation

Our take: This is concerning with how rapidly AI is advancing and its potential impact on safety and security. I feel like it’s going to be very hard to regulate AI as there will always be ways to bypass safe guards

Summary: Elon Musk recently rebranded Twitter to "X" and launched a new AI startup called xAI, adding to his growing list of companies.

Key Points:

  • Musk renamed Twitter to "X", replacing the blue bird logo with an "X".

  • His new company xAI aims to create AI that can "understand the true nature of the universe".

  • He is the richest person in the world with a net worth of $254 billion.

  • His 13% Tesla stake is worth $108 billion. Tesla had $81 billion revenue in 2022.

  • He owns 79% of Twitter, now valued around $20 billion.

Our take: This is an extremely bold move from Elon and some may call it plain stupid. Brands would kill for their brand name to become a commonly used verb just as Tweet or Google. Elon has successfully destroyed that brand presence by rebranding to X. I think Elon wants to instead create his own platform rather than running where Twitter left off. It’s either that or Elon is doing his usual troll gag for attention and all this will be reverted back in a couple months

🔥 Feedback Feature

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📼 Powerful Videos I Came Across This Week

I featured this video because I think it shows you how easy you can make money if you have the correct knowledge and take action

Biaheza takes a newbie under his wing and guides him to make a successful drop shipping store

🦆 Tweet of the Week

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You’ve reached the end!

If you have any intriguing projects or ideas, feel free to contact me by replying to this email or DM’ing me on Twitter:. @nickismeta

Thanks for reading, and I’ll see you in the next one!