The A.I. Advantage Show™ Evolvepreneur®

Welcome to the Evolvepreneur A.I. Advantage Show Join me, Richard Wray, to gain the A.I. Advantage today where we dive deep into the transformative power of A.I. to help fast-track your business. My very special guest today is Gareth Rydon ... My background is in service design where I made things better for people. I co-founded Friyay over a year ago with the goal of spreading the benefits of AI as far and as wide as possible. I've always loved learning from people and generating new and exciting ideas to make their lives easier. With the advent of generative AI this has made this possible on a MASSIVE scale! Welcome to the Evolvepreneur AI Advantage Show, the ultimate destination for entrepreneurs seeking to harness the full potential of Artificial Intelligence. Join us on this captivating journey as we delve into the realm where innovation meets intelligence. In each episode, we dive deep into the transformative power of AI, unveiling the strategies, insights, and tools that propel businesses forward. From deciphering AI algorithms to unlocking data-driven decision-making, our show equips you with the knowledge and skills to leverage AI as a game-changing force. Engage with industry experts, thought leaders, and fellow entrepreneurs as we explore real-world applications, share success stories, and decode the latest AI trends. Whether you're a seasoned business owner or an aspiring entrepreneur, the Evolvepreneur AI Advantage Show empowers you to embrace the future, optimize operations, and unlock your business's growth potential. Get ready to revolutionize your entrepreneurial journey with the AI Advantage. Tune in and join the Evolvepreneur community today! GRAB YOUR A.I. Advantage Free Toolkit when you SUBSCRIBE HERE:  https://aiadvantage.show

Welcome to the Evolvepreneur A.I. Advantage Show Join me, Richard Wray, to gain the A.I. Advantage today where we dive deep into the transformative power of A.I. to help fast-track your business. My very special guest today is Dr. Nici Sweaney ... Dr. Nici Sweaney is an AI consultant and founder of Ai Her Way, which focuses on empowering women in business through AI. With nearly two decades in academia and data science, Dr. Sweaney aims to bridge the gender gap in AI usage. She discusses her diverse career path, which includes various entrepreneurial ventures, and emphasizes the importance of AI literacy, particularly for women. Ai Her Way offers services that help businesses automate tasks and integrate AI solutions into their strategies. Dr. Sweaney highlights the rapid advancement of AI tools and the need for users to understand their functionality to alleviate fears surrounding technology. She advocates for greater female representation in AI development to ensure ethical usage. As a practical step, she encourages individuals to identify repetitive tasks suitable for automation. She also promotes her online course, the AI Powered Business Academy, aimed at teaching women about AI strategy and automation. The conversation underscores the importance of using AI as a tool for creativity and problem-solving rather than as a replacement for human capabilities. The episode concludes with a call to action for listeners to engage with AI and explore its potential benefits. Key Moments: AI Expertise and Quality Control: Individuals with expertise in specific fields are best positioned to leverage AI effectively, serving as quality control for AI outputs. Ai Her Way's Mission: Founded by Dr. Nici Sweaney, Ai Her Way aims to empower women by providing AI consultancy services tailored to female entrepreneurs and business owners. Gender Gap in AI: The podcast discusses the emerging gender gap in AI, emphasizing the necessity for women to engage with technology to avoid being left behind. AI Literacy Training: An essential service offered by AI Herway includes training clients on AI literacy, helping them understand how AI works and how to use it safely and effectively. Automation Solutions: AI Herway develops automated solutions for businesses, enabling entrepreneurs to streamline tasks like research and social media management, ultimately saving time and resources. AI Agnostic Approach: The consultancy adopts an AI agnostic methodology, allowing clients to switch between various AI models based on performance, ensuring flexibility and adaptability. Overcoming Fear of AI: Dr. Sweaney addresses common fears surrounding AI, advocating for education and understanding to alleviate concerns about data privacy and technology misuse. Empowerment through AI: The podcast stresses the importance of empowering women to adopt AI tools, allowing them to focus on higher-level strategic thinking and creativity. Future Generations and Knowledge: There is a concern that future generations might lose foundational knowledge due to reliance on AI, but there's also optimism that this could free up time for more creative pursuits. Call to Action: Dr. Sweaney encourages diverse voices, particularly from women and marginalized groups, to engage with AI to ensure ethical usage and representation in the development of AI technologies.   Welcome to the Evolvepreneur AI Advantage Show, the ultimate destination for entrepreneurs seeking to harness the full potential of Artificial Intelligence. Join us on this captivating journey as we delve into the realm where innovation meets intelligence. In each episode, we dive deep into the transformative power of AI, unveiling the strategies, insights, and tools that propel businesses forward. From deciphering AI algorithms to unlocking data-driven decision-making, our show equips you with the knowledge and skills to leverage AI as a game-changing force. Engage with industry experts, thought leaders, and fellow entrepreneurs as we explore real-world applications, share success stories, and decode the latest AI trends. Whether you're a seasoned business owner or an aspiring entrepreneur, the Evolvepreneur AI Advantage Show empowers you to embrace the future, optimize operations, and unlock your business's growth potential. Get ready to revolutionize your entrepreneurial journey with the AI Advantage. Tune in and join the Evolvepreneur community today! GRAB YOUR A.I. Advantage Free Toolkit when you SUBSCRIBE HERE:  https://aiadvantage.show

Welcome to the Evolvepreneur A.I. Advantage Show Join me, Richard Wray, to gain the A.I. Advantage today where we dive deep into the transformative power of A.I. to help fast-track your business. My very special guest today is Kathryn Carter ... Kathryn Carter from Cottage Science Consulting is a versatile problem-solver focused on helping startups and NGOs implement growth systems. Initially skeptical about AI, she became intrigued by its potential, especially in creating chatbots for difficult conversations. Kathryn values nuance in discussions and believes AI can ease mental load, particularly for women and those with cognitive disabilities, by automating tasks like meal budgeting. She uses AI for creativity and problem-solving, emphasizing it as a tool to complement human skills. Kathryn advocates exploring AI to free up mental space, while maintaining critical thinking and appreciating human interaction. Key Moments: AI as a Memory Aid: The discussion emphasizes using AI to create systems that help individuals remember tasks and ideas, reducing cognitive load. Versatile Background: Kathryn Carter's diverse career in science, education, and consulting highlights the importance of cross-disciplinary skills in problem-solving. AI in Education: Kathryn's interest in using AI for creating chatbots illustrates its potential to facilitate difficult conversations and enhance interpersonal skills among students. Mental Load Reduction: The concept of "mental load" is introduced, showcasing how AI can alleviate cognitive burdens, particularly for women managing household tasks. Accessible Communication: Kathryn discusses the challenge of creating accessible writing and how AI can help make it more affordable and widely available. Neurodivergence Considerations: The conversation touches on the unique challenges faced by neurodivergent individuals, emphasizing the need for tools that cater to their specific needs. AI as a Creative Partner: Kathryn describes using AI to generate images for her children's stories, highlighting its role in enhancing creativity rather than replacing human input. Community-Driven Projects: The importance of involving individuals with learning disabilities in content creation is emphasized, flipping the narrative from consumers to creators. Critical Thinking and Skill Development: There is a concern that over-reliance on AI could hinder the development of fundamental skills, making it crucial to maintain a balance between using AI and acquiring knowledge. Encouragement to Experiment: The overarching message encourages individuals to explore AI tools not just for efficiency but also to enhance mental clarity and creativity.   Welcome to the Evolvepreneur AI Advantage Show, the ultimate destination for entrepreneurs seeking to harness the full potential of Artificial Intelligence. Join us on this captivating journey as we delve into the realm where innovation meets intelligence. In each episode, we dive deep into the transformative power of AI, unveiling the strategies, insights, and tools that propel businesses forward. From deciphering AI algorithms to unlocking data-driven decision-making, our show equips you with the knowledge and skills to leverage AI as a game-changing force. Engage with industry experts, thought leaders, and fellow entrepreneurs as we explore real-world applications, share success stories, and decode the latest AI trends. Whether you're a seasoned business owner or an aspiring entrepreneur, the Evolvepreneur AI Advantage Show empowers you to embrace the future, optimize operations, and unlock your business's growth potential. Get ready to revolutionize your entrepreneurial journey with the AI Advantage. Tune in and join the Evolvepreneur community today! GRAB YOUR A.I. Advantage Free Toolkit when you SUBSCRIBE HERE:  https://aiadvantage.show

Welcome to the Evolvepreneur A.I. Advantage Show Join me, Richard Wray, to gain the A.I. Advantage today where we dive deep into the transformative power of A.I. to help fast-track your business. My very special guest today is Daniel Tolson ... Daniel Tolson is an entrepreneur who has developed AI technology to analyze emotional intelligence and help leaders become more effective. He shares his personal journey of discovering the importance of understanding one's own strengths and weaknesses through scientific assessments. Daniel's AI technology uses a 90-second voice recording to generate an in-depth report on a person's stress type, decision-making style, and other personality traits. This information can then be used to optimize job fit, improve team dynamics, and enhance leadership effectiveness. Daniel emphasizes the importance of trusting in science rather than relying on self-perception or biased self-reporting, as this allows leaders to make more informed decisions about their own development and how to get the best out of their teams. Key Moments: 50% of work time is typically wasted, leaving only about 17 hours per week to get the job done. Understanding a person's stress type (logical vs. emotional) can help them better manage their stress. Putting people in the right roles that align with their natural strengths and personality leads to much higher performance. There are often internal conflicts (me vs. me, me vs. role, me vs. environment) that prevent people from fully utilizing their potential. Using AI-powered assessments like the "mind report" can quickly and objectively identify a person's personality traits and emotional intelligence. Adapting leadership style to each individual, rather than expecting them to adapt to the leader, leads to better results. The science behind job-person fit is crucial - placing the right person in the right role is key for high performance. Historically, high performers deliver 5.4x the return on investment compared to average performers, despite being paid the same. Trust in science-based assessments rather than relying on self-reported personality tests, which can be biased. The key advice is to "trust in science" - use data-driven insights to understand people and place them in the right roles.   Welcome to the Evolvepreneur AI Advantage Show, the ultimate destination for entrepreneurs seeking to harness the full potential of Artificial Intelligence. Join us on this captivating journey as we delve into the realm where innovation meets intelligence. In each episode, we dive deep into the transformative power of AI, unveiling the strategies, insights, and tools that propel businesses forward. From deciphering AI algorithms to unlocking data-driven decision-making, our show equips you with the knowledge and skills to leverage AI as a game-changing force. Engage with industry experts, thought leaders, and fellow entrepreneurs as we explore real-world applications, share success stories, and decode the latest AI trends. Whether you're a seasoned business owner or an aspiring entrepreneur, the Evolvepreneur AI Advantage Show empowers you to embrace the future, optimize operations, and unlock your business's growth potential. Get ready to revolutionize your entrepreneurial journey with the AI Advantage. Tune in and join the Evolvepreneur community today! GRAB YOUR A.I. Advantage Free Toolkit when you SUBSCRIBE HERE:  https://aiadvantage.show

Welcome to the Evolvepreneur A.I. Advantage Show Join me, Richard Wray, to gain the A.I. Advantage today where we dive deep into the transformative power of A.I. to help fast-track your business. My very special guest today is Deborah Tyson ... Deborah Tyson is the founder of BlissBot, a company on a mission to democratize well-being over the next decade. Deborah has embraced AI tools like ChatGPT and Midjourney to enhance her business and creative processes. BlissBot offers personalized wellness programs covering areas like mindfulness, fitness, and sleep, with the goal of making high-quality wellness support accessible to everyone, regardless of cost. Deborah sees AI as a valuable business tool that can free up time and improve the quality of her work, rather than a threat to jobs. She believes AI can help customize and deliver wellness content in an engaging and convenient way to support people facing common challenges like stress, loneliness, and low energy. Key Moments: Deborah Tyson is the founder of BlissBot, a company on a mission to democratize well-being over the next decade. Deborah has embraced AI technologies like ChatGPT and Midjourney, seeing them as tools to enhance her creativity and productivity rather than threats. BlissBot offers personalized wellness programs covering areas like mindfulness, fitness, and sleep for less than the cost of a daily coffee. Deborah believes AI can help customize and deliver wellness content in a more engaging, fun, and effective way. BlissBot aims to make high-quality wellness support accessible to everyone, including providing free subscriptions to those who can't afford it. Deborah sees a role for AI "companions" to help address issues like loneliness, but believes human connection is still essential. Deborah encourages organizations to offer wellness support to their employees, seeing it as a duty of care that can also benefit the business. Deborah advises people to simply try out AI tools like ChatGPT and Midjourney, rather than being afraid of them, and to use them as collaborative partners. Deborah's background is in design and wellness, not tech, but she has embraced AI as a way to enhance her abilities and achieve her mission. The key advice from Deborah is to just give AI a try - the experience of using it will likely change any preconceptions.   Welcome to the Evolvepreneur AI Advantage Show, the ultimate destination for entrepreneurs seeking to harness the full potential of Artificial Intelligence. Join us on this captivating journey as we delve into the realm where innovation meets intelligence. In each episode, we dive deep into the transformative power of AI, unveiling the strategies, insights, and tools that propel businesses forward. From deciphering AI algorithms to unlocking data-driven decision-making, our show equips you with the knowledge and skills to leverage AI as a game-changing force. Engage with industry experts, thought leaders, and fellow entrepreneurs as we explore real-world applications, share success stories, and decode the latest AI trends. Whether you're a seasoned business owner or an aspiring entrepreneur, the Evolvepreneur AI Advantage Show empowers you to embrace the future, optimize operations, and unlock your business's growth potential. Get ready to revolutionize your entrepreneurial journey with the AI Advantage. Tune in and join the Evolvepreneur community today! GRAB YOUR A.I. Advantage Free Toolkit when you SUBSCRIBE HERE:  https://aiadvantage.show

Welcome to the Evolvepreneur A.I. Advantage Show Join me, Richard Wray, to gain the A.I. Advantage today where we dive deep into the transformative power of A.I. to help fast-track your business. My very special guest today is Wissam Tabbara ... Wissam Tabbara, founder and CEO of Truebase, discusses how AI can automate and improve B2B sales processes. The current manual prospecting and outreach methods used by sales teams are repetitive, expensive, and inefficient. Truebase is an AI sales agent that can take over these repetitive tasks, allowing sales teams to focus on more valuable human interactions. Wissam emphasizes that AI is not meant to replace salespeople, but rather to enhance their capabilities and free them up for higher-level activities. He encourages embracing AI technology, as it will continue to advance and provide opportunities for those willing to adopt it. Key Moments: B2B sales involves a lot of repetitive, manual tasks like researching prospects, finding contact information, and personalizing outreach - this is expensive and inefficient. AI-powered sales agents like Truebase can automate these repetitive tasks, allowing sales teams to focus more on high-value, human-centric activities. Truebase allows companies to train an AI agent to handle the prospecting process, from finding leads to personalizing outreach, freeing up human sales reps. This AI-powered approach can improve sales efficiency and predictability, allowing companies to scale up or down their prospecting efforts as needed. Embracing AI in sales is an opportunity, not a threat - it allows sales roles to evolve and focus more on strategic, relationship-building work. Successful AI implementation requires sales leaders to be in the "driver's seat", controlling how the AI represents the brand and interacts with prospects. Integrating AI into the sales process provides better visibility and insights into the sales pipeline, enabling more strategic forecasting and resource allocation. The AI sales agent category is relatively new, with Truebase and a few other early players pioneering this approach. Early adopters of Truebase have seen promising results, though the technology is still maturing and being refined. The key advice is to embrace AI in sales, as it is an inevitable trend, and focus on understanding how to leverage it to gain a competitive advantage.   Welcome to the Evolvepreneur AI Advantage Show, the ultimate destination for entrepreneurs seeking to harness the full potential of Artificial Intelligence. Join us on this captivating journey as we delve into the realm where innovation meets intelligence. In each episode, we dive deep into the transformative power of AI, unveiling the strategies, insights, and tools that propel businesses forward. From deciphering AI algorithms to unlocking data-driven decision-making, our show equips you with the knowledge and skills to leverage AI as a game-changing force. Engage with industry experts, thought leaders, and fellow entrepreneurs as we explore real-world applications, share success stories, and decode the latest AI trends. Whether you're a seasoned business owner or an aspiring entrepreneur, the Evolvepreneur AI Advantage Show empowers you to embrace the future, optimize operations, and unlock your business's growth potential. Get ready to revolutionize your entrepreneurial journey with the AI Advantage. Tune in and join the Evolvepreneur community today! GRAB YOUR A.I. Advantage Free Toolkit when you SUBSCRIBE HERE:  https://aiadvantage.show

Welcome to the Evolvepreneur A.I. Advantage Show Join me, Richard Wray, to gain the A.I. Advantage today where we dive deep into the transformative power of A.I. to help fast-track your business. My very special guest today is Saurabh Jain ... Saurabh Jain is the executive chair of Opyl, a company developing an AI-powered clinical trial design simulator. Opyl has analyzed over 360,000 clinical trials to build models that can predict with 90% accuracy whether a trial will succeed. The key is analyzing hundreds of variables related to trial design and the medical technology, rather than just the drug itself. This allows Opyl to optimize factors like patient numbers to improve the chances of success. Saurabh believes this technology could eventually make it unethical to run clinical trials without first simulating them in AI, drastically improving the efficiency and success rate of drug development. He sees broader applications for AI in automating and optimizing complex processes across many industries. Key Moments: Opyl has developed an AI system that can predict with 90% accuracy whether a clinical drug trial will succeed or fail, based on analyzing over 360,000 past trial records. The AI model looks at over 700 variables related to how the trial is structured and the medical details of the drug/treatment being tested to make these predictions. Opyl's system can help optimize clinical trial design, such as determining the ideal number of patients to enroll to maximize the chances of success. The medical industry has been skeptical at first about an AI being able to predict trial outcomes, but when shown real-world examples, they recognize the value of the technology. Opyl believes that in the future, it will be unethical to run clinical trials on humans without first simulating them in an AI system like theirs. Beyond healthcare, the guest discusses how similar AI approaches can be applied to optimize outcomes in areas like sports, SEO, and tax compliance. There is a concern about AI leading to a "post-knowledge age" where certain skills and knowledge become obsolete, but the guest argues that specialization and AI can free up humans to focus on higher-level tasks. The key advice is to embrace AI as a transformative technology that will change everything, and to find ways to leverage it to one's advantage. The guest, Saurabh Jain, is the Executive Chair of Opyl, a publicly listed company at the forefront of AI-powered assistive technologies for healthcare. Saurabh sees AI as a foundational technology that will be as impactful as electricity or mass transportation, and encourages entrepreneurs to get on board. Welcome to the Evolvepreneur AI Advantage Show, the ultimate destination for entrepreneurs seeking to harness the full potential of Artificial Intelligence. Join us on this captivating journey as we delve into the realm where innovation meets intelligence. In each episode, we dive deep into the transformative power of AI, unveiling the strategies, insights, and tools that propel businesses forward. From deciphering AI algorithms to unlocking data-driven decision-making, our show equips you with the knowledge and skills to leverage AI as a game-changing force. Engage with industry experts, thought leaders, and fellow entrepreneurs as we explore real-world applications, share success stories, and decode the latest AI trends. Whether you're a seasoned business owner or an aspiring entrepreneur, the Evolvepreneur AI Advantage Show empowers you to embrace the future, optimize operations, and unlock your business's growth potential. Get ready to revolutionize your entrepreneurial journey with the AI Advantage. Tune in and join the Evolvepreneur community today! GRAB YOUR A.I. Advantage Free Toolkit when you SUBSCRIBE HERE:  https://aiadvantage.show

Welcome to the Evolvepreneur A.I. Advantage Show Join me, Richard Wray, to gain the A.I. Advantage today where we dive deep into the transformative power of A.I. to help fast-track your business. My very special guest today is Dave Poulos ... Dave Poulos, has extensive marketing experience and provides insights on how AI is disrupting industries like Hollywood, where actors' jobs are at risk. He explains how AI-generated content can be seen as derivative or bordering on plagiarism, raising legal and ethical questions. The conversation also touches on the difficulties governments face in trying to regulate a global, fast-moving technology like AI. Overall, the discussion highlights the need to view AI as a tool rather than a replacement for human creativity and the importance of maintaining human involvement in the creative process. Key Moments: The legal and regulatory framework has not kept up with the rapid technological advancements in AI, leading to ambiguity around ownership and intellectual property. AI systems can generate content by assembling and recombining existing information, which raises questions about plagiarism and originality. It is becoming increasingly easy for anyone to create convincing fake content using AI, posing challenges for determining authenticity. Governments and policymakers are struggling to craft effective legislation to address the implications of AI, as the technology is evolving faster than the laws. There are concerns about the impact of AI on industries like Hollywood, where AI-generated content could replace human actors and disrupt traditional business models. As AI becomes more accessible, there are worries that people may lose certain skills and knowledge, leading to a "post-knowledge age." However, creativity and the inherent human need to create are not likely to be replaced by AI, as the technology is a tool that still requires human input and oversight. Ownership and rights around AI-generated content are still unclear, but there may be a need for revenue-sharing models or compensation funds to address this. Companies like Amazon are already starting to grapple with the implications of AI-generated content, such as asking authors to disclose the use of AI. Ultimately, the advice is to view AI as a tool and to maintain human involvement in the creative process, as this may help mitigate some of the legal and ethical concerns surrounding AI-generated content.   Welcome to the Evolvepreneur AI Advantage Show, the ultimate destination for entrepreneurs seeking to harness the full potential of Artificial Intelligence. Join us on this captivating journey as we delve into the realm where innovation meets intelligence. In each episode, we dive deep into the transformative power of AI, unveiling the strategies, insights, and tools that propel businesses forward. From deciphering AI algorithms to unlocking data-driven decision-making, our show equips you with the knowledge and skills to leverage AI as a game-changing force. Engage with industry experts, thought leaders, and fellow entrepreneurs as we explore real-world applications, share success stories, and decode the latest AI trends. Whether you're a seasoned business owner or an aspiring entrepreneur, the Evolvepreneur AI Advantage Show empowers you to embrace the future, optimize operations, and unlock your business's growth potential. Get ready to revolutionize your entrepreneurial journey with the AI Advantage. Tune in and join the Evolvepreneur community today! GRAB YOUR A.I. Advantage Free Toolkit when you SUBSCRIBE HERE:  https://aiadvantage.show

Welcome to the Evolvepreneur A.I. Advantage Show Join me, Richard Wray, to gain the A.I. Advantage today where we dive deep into the transformative power of A.I. to help fast-track your business. My very special guest today is Jason Souloglou ... Jason Souloglou is a serial entrepreneur with a mission: He wants technology to serve humanity- not vice versa. From PhD to Apple’s Rosetta and IBM, today, he is a proud CEO of SeeChange, a visual AI platform that detects risks for quick resolution in the physical world. SeaChange was inspired by the idea of making cameras more intelligent and able to understand what they see, by breaking down scenes into building blocks like objects, people, and their relationships. The technology has proven challenging to deploy in the real world, with many false positives that require extensive effort to remove. However, SeeChange has found success focusing on high-value use cases in the retail industry, such as improving self-checkout experiences and reducing theft and safety incidents. Beyond retail, the technology could be applied to other controlled environments like prisons to help identify potential conflicts before they escalate. Key Moments: Applying AI/computer vision to real-world scenarios requires a lot of effort to remove false positives and adapt to the messiness and unpredictability of the real world. Breaking down visual scenarios into modular "building blocks" of objects, relationships, and attributes allows for more complex and nuanced understanding. Retail environments provide high-value use cases for this type of computer vision technology, like improving self-checkout, reducing theft/shrinkage, and enhancing staff productivity. The technology can help reduce confrontation and conflict with customers by providing gentle nudges/prompts rather than direct accusations. The system can also detect suspicious behaviors like item concealment and unpaid items, while maintaining an assumption of innocence. Incorporating social considerations is important, like identifying when shoplifting may be driven by desperation rather than malice. The technology can be applied beyond retail, such as in prison environments to help preempt violence. Developing effective models requires a collaborative, human-centric approach rather than a purely profit-driven one. Return on investment for retailers can be seen within 6 months depending on the capabilities enabled. The key is balancing business needs with a focus on benefiting humanity, which is possible but requires intentionality.   Welcome to the Evolvepreneur AI Advantage Show, the ultimate destination for entrepreneurs seeking to harness the full potential of Artificial Intelligence. Join us on this captivating journey as we delve into the realm where innovation meets intelligence. In each episode, we dive deep into the transformative power of AI, unveiling the strategies, insights, and tools that propel businesses forward. From deciphering AI algorithms to unlocking data-driven decision-making, our show equips you with the knowledge and skills to leverage AI as a game-changing force. Engage with industry experts, thought leaders, and fellow entrepreneurs as we explore real-world applications, share success stories, and decode the latest AI trends. Whether you're a seasoned business owner or an aspiring entrepreneur, the Evolvepreneur AI Advantage Show empowers you to embrace the future, optimize operations, and unlock your business's growth potential. Get ready to revolutionize your entrepreneurial journey with the AI Advantage. Tune in and join the Evolvepreneur community today! GRAB YOUR A.I. Advantage Free Toolkit when you SUBSCRIBE HERE:  https://aiadvantage.show

Welcome to the Evolvepreneur A.I. Advantage Show Join me, Richard Wray, to gain the A.I. Advantage today where we dive deep into the transformative power of A.I. to help fast-track your business. My very special guest today is Cyrus Wong ... Cyrus Wong, a senior lecturer at the Hong Kong Institute of Information Technology, discusses how he uses AI to grade student assignments and exams. By leveraging AI tools like ChatGPT, he is able to grade assignments much more efficiently and provide detailed feedback to students. This saves him significant time compared to manual grading, and allows him to be more fair and consistent in his assessments. Cyrus emphasizes the importance of carefully prompting and guiding the AI to ensure it provides accurate and relevant feedback. He also shares advice for using the most cost-effective AI models that can still accomplish the task at hand. Overall, Cyrus has found AI to be a valuable tool for improving the grading process and enhancing the educational experience for both teachers and students. Key Moments: Cyrus uses AI, specifically OpenAI models, to efficiently grade student assignments and provide detailed feedback, saving significant time compared to manual grading. Cyrus has developed a process of providing the AI with a clear grading rubric and instructions, allowing it to grade assignments consistently and fairly. Using AI for grading allows Cyrus to provide faster feedback to students, helping them learn more effectively. Cyrus emphasizes the importance of "prompt engineering" - carefully crafting the instructions and parameters given to the AI to ensure it performs the desired task accurately. Cyrus recommends starting with less powerful, more affordable AI models first, and only upgrading if necessary, rather than automatically using the latest and most expensive options. Key skills for working with AI include logical thinking, problem-decomposition, and the ability to effectively communicate instructions to the AI system. Cyrus believes AI will not replace teachers, but can automate repetitive tasks like grading, allowing educators to focus more on improving course content and teaching. Cyrus has open-sourced some of his AI-based grading approaches and encourages others to experiment and try using AI in their own educational contexts. Cyrus emphasizes the importance of limiting the AI's access to only the relevant information needed to complete a task, to avoid it generating irrelevant or incorrect outputs. Cyrus's overall approach demonstrates how AI can be leveraged strategically to enhance and streamline educational processes, while maintaining human oversight and control.   Welcome to the Evolvepreneur AI Advantage Show, the ultimate destination for entrepreneurs seeking to harness the full potential of Artificial Intelligence. Join us on this captivating journey as we delve into the realm where innovation meets intelligence. In each episode, we dive deep into the transformative power of AI, unveiling the strategies, insights, and tools that propel businesses forward. From deciphering AI algorithms to unlocking data-driven decision-making, our show equips you with the knowledge and skills to leverage AI as a game-changing force. Engage with industry experts, thought leaders, and fellow entrepreneurs as we explore real-world applications, share success stories, and decode the latest AI trends. Whether you're a seasoned business owner or an aspiring entrepreneur, the Evolvepreneur AI Advantage Show empowers you to embrace the future, optimize operations, and unlock your business's growth potential. Get ready to revolutionize your entrepreneurial journey with the AI Advantage. Tune in and join the Evolvepreneur community today! GRAB YOUR A.I. Advantage Free Toolkit when you SUBSCRIBE HERE:  https://aiadvantage.show