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Niche Pursuits Podcast: Find Your Next "Niche" Business Idea!
AI Advances! A Look at August Core Update Data
Sep 20, 2024
Brooks Conkle, an SEO enthusiast and side hustle expert, joins the discussion to tackle the latest advances in AI and their implications for online businesses. They analyze OpenAI's new model and its multi-step problem-solving capabilities. The conversation dives into the effects of Google's recent updates on smaller publishers and highlights the quirky potential of niche sites and 'useless websites' for traffic and monetization. Listeners gain insights on diversifying digital strategies and engaging audiences creatively.
59:45
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Quick takeaways
- OpenAI's new model, Strawberry, enhances reasoning capabilities, allowing for more effective problem-solving despite increased costs for developers.
- The August core update has significantly disadvantaged small publishers, resulting in drastic revenue losses due to Google's bias towards larger sites.
Deep dives
OpenAI's O1 Release: A New Era of Reasoning in AI
OpenAI has unveiled its latest model, O1, affectionately known as Strawberry, which introduces advanced reasoning capabilities to the AI landscape. This model is designed to tackle complex problems and queries more effectively than its predecessors, such as GPT-4. It utilizes reinforcement learning and a ‘chain of thought’ methodology, allowing it to provide detailed step-by-step reasoning when processing prompts, which can be noticeably slower and more costly for developers. While it boasts improved accuracy and reduced hallucinations, the API usage cost is significantly higher, reflecting its sophisticated capabilities.
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Discover
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