Latest / The Jasmine Star Show / What’s Changing the Landscape for Business Owners: Thoughts on AI, Crypto and more with Daniel DiVenere

Transcript

What’s Changing the Landscape for Business Owners: Thoughts on AI, Crypto and more with Daniel DiVenere · The Jasmine Star Show

• 0:13
  Welcome to the Jasmine Starve Podcast, where we talk about life, business, and everything on the in between.
• 0:18
  Today we are joined yet again by my guest host Daniel.
• 0:23
  Now Daniel and I are huge lovers of crypto and NFTs.
• 0:27
  And right before you turn away, people are like, no, no, not this. Well, we're having a conversation about a state of the union, what has happened since the last time we spoke, but also we're really diving into all things new that can empower business owners like ai. Oh yeah. Going there. Ai. Now here's the thing, if you don't wanna hear about crypto or NFTs, we have timestamped this episode so you can skip on over to the part that you find most valuable. But without further ado, let's dive in.
• 0:53
  Okay. So the last time we chatted, there's been a lot of stuff that's going on, like, right, uh, crypto bear market.
• 0:59
  Yeah. Let's, yeah, let's give a little update on that. Um, I'm sure everyone's wondering kind of like what has happened, you know? Right.
• 1:06
  Um, I think we can start with probably like the beginning of where this bear market kind of started, which was just all the lending platforms that people were using. Uh, basically were getting like really high interest rates on their crypto.
• 1:22
  There was a coin called Terra Luna. Yes. Um, totally crashed. I.
• 1:26
  Should probably like interject here because we saw you when it was falling, right? Like, JD and I were in Burbank and it was a little bit later than the workday, and you were at, uh, a standing desk and you were guys like, Hey guys. Like, it's kind of dark out there. It's kind of dark. And like, what we didn't know then was that it was getting worse.
• 1:45
  Like what was talking It was just the beginning. It was just the beginning.
• 1:47
  It was just like, um, the night walkers like, no, like that, that was nothing.
• 1:50
  Like, it was, it was pretty that serious.
• 1:52
  And so instead of getting into the history of all of it, cuz some people are like, I care, I don't care. , a lot of people had reached out to me and be like, how much money did you lose?
• 2:01
  And so, yeah. You know, I think like we should just be like very honest with it.
• 2:04
  I'll put that number out there. Dude.
• 2:05
  Will.
• 2:05
  You? I will. Oh my God. I know. I'm not afraid. See.
• 2:08
  It . I love it.
• 2:09
  See it. Okay. So, um, I had $20,000 in Voyager, which Voyager is now a defunct exchange. Um, they had also some, I, the reason why they failed was because they were also taking part in this crypto lending thing. Um, they were using platforms like Terra Luna, they were using other lending platforms like Celsius. Um, again, these are all lending platforms, um, but they're, they've basically all failed.
• 2:37
  And Okay, so 20,000 in Voyager.
• 2:38
  20,000 On Voyager. Um, I wouldn't exactly call it lost though, because it's more that I'm in the middle of the bankruptcy proceedings, which I don't have hope for it.
• 2:46
  But yeah. , I, you know, I got money locked in there, whatever that means.
• 2:51
  There's like money that's like in there. Technically not lost, but I'm gonna market it as lost. Yeah.
• 2:54
  So I have $20,000 lost in Voyager. Um, let's talk NFTs as well. I got some NFTs, you know, I, I went on a bit of like a shopping spree. You terrana? Oh yeah, I got Terra Luna. We were just talking about that. Yeah, we got, uh, Terra Luna.
• 3:08
  I had $5,000 in Terra Luna. Uh, but luckily I was able to get about, I think 3,400 or 4,000 out of it.
• 3:16
  Okay. So like, I was like pulling my money out as it was crashing.
• 3:20
  I remember that. Like you saw me like saw scrambling at my computer.
• 3:22
  Yes. . Yeah. Okay.
• 3:22
  Yeah. Okay. And the NFTs.
• 3:26
  NFTs. Um, I would think like, this is more of a guesstimate.
• 3:30
  I could probably look back on my wallet history sometime later, but I would say I probably spent around, I would say about $2,000 is what I've spent on NFTs that are now probably valueless. Okay. Like, they probably have zero.
• 3:42
  Value.
• 3:42
  So let's take a big step back because there were people who were calling this, uh, for a while. Like Gary Vank was one of those people who had said, listen, 90% of all projects are gonna go to zero. I think it's been closer to like, 97% of projects have gone to zero.
• 3:53
  And um, people are like, well, how do you feel about it? Like, you were out there talking and buying them and I'm like, I feel the same as I did back then. I really do. And maybe that sounds naive.
• 4:05
  I believe in Web three and like people can have an opinion about it, but I still have the NFTs that I invested in. I'm still creating content for, um, companies like bff.
• 4:12
  I'm still on their board.
• 4:15
  I still believe that it is going to be a renaissance and there's going to have the people who are gonna carry it into that. And so I look forward to future conversations because this is not the end all be all.
• 4:24
  I don't have much to say about it right now. It is a bear market.
• 4:26
  People are just kind of like holding and saying, but the conversation that you and I have been having is, Hey, if you have the money, if you have the money, and it's tough times for a lot of people, but something to consider and some people who are totally against this idea, I'm just not one of those people. I'm saying, if you have a little bit of money and you are still interested in Web three bitcoin, this is not a recommendation. It's not, this is just a conversation that Dan and I have been having.
• 4:49
  It's like Ethereum in Bitcoin, putting a little bit in there and then just walking away and not thinking about it for like 10 years.
• 4:54
  If you could do that, I think it's cool to diversify what you're investing in if you're in the place of investing.
• 5:02
  I'd agree with that sentiment. Even.
• 5:03
  I guess that's also the reason why I wanted to illustrate Right. I've lost that, but that still doesn't really deter me.
• 5:11
  Like I think from the long term vision here. Absolutely. Which is like, I still believe in the crypto space as, as an investment vehicle and as a vehicle of change.
• 5:18
  I could totally see that for the future.
• 5:20
  And there's a lot of people right now who are listening and they're super skeptical because what was supposed to happen is when America went into a, a recession, which is we're either in or very much on the precipice of a recession that they would expect cryptocurrency to soar because it wasn't dependent on a singular government, but that didn't happen. Yeah. And so all estimates, people are like, uh, for all intents and purposes, it didn't work as you guys had expected. Okay, fine, fine, fine.
• 5:45
  But do I still believe that there's the potential?
• 5:48
  And for the answer for me is yes.
• 5:51
  I still believe that it's just gonna look really different than it does now.
• 5:55
  Yeah. And I, and we're gonna see, like all of this stuff is super cyclical, right? Um, last time we were talking about this when, when we were at peak hype, and I was saying, I do remember saying like, you know, this is a cyclical, uh, process. Like there is peak hype. I remember back in 2017, which was when I first started getting into it, when Bitcoin had hit $20,000 for the first time and everyone was like, it's gonna pop. The bubble's gonna blow. And yeah, it did. Like Bitcoin, Bitcoin did crash, but it went from like 20,000 to like, if I'm remembering correctly, 10,000, but then it went to $69,000 like two or three years later.
• 6:31
  So I think we're in this like four to five year bubble with crypto where just very cyclical. Um, but yeah, going back to the actual, well, not investment advice.
• 6:41
  Not No, definitely not.
• 6:42
  That, not investment advice, but just like what we were talking about on like, what are we probably doing?
• 6:46
  I know what I'm doing right now is I'm just stocking up on Bitcoin and Ethereum just cuz it's like kind of on sale right now. So I'll take it.
• 6:52
  uh, advice from your, um, thrifty yet Savvy , a crypto dealer. Okay.
• 6:59
  So in the past, Daniel and I have had lots of conversations around things that we find interesting. We were bullish on crypto and hey, a few lessons learned along the way. Yeah.
• 7:09
  But I think that what we do is we kind of look at like, what is going on?
• 7:12
  How do we have our hand on the pulse?
• 7:14
  And what we're looking at now are business ideas and we're like, let's just talk about interesting businesses that we see with, let's talk about the gaps that we see.
• 7:20
  Because what we wanna do is like kind of spark interest or ideas on people who could potentially expand a business in a different way or use a different business to empower or expand their current business.
• 7:30
  So let's break down a few ideas.
• 7:32
  I want to talk about a little bit of a focus on ai, and we're not making any predictions, but what I wanna do is start thinking about ways that you can either create something in the space or use it in your own business.
• 7:43
  But I wanna start the pro conversation by saying we've seen a lot more bad ideas than good so far. I mean, does that sound savage?
• 7:50
  No, not at all. Uh, honestly, I, I think we could even draw some, some comparisons here to like the crypto space to like what AI is doing today.
• 7:58
  Oh, good. I like the parallel.
• 8:00
  Yeah. So like we, I think we're seeing like the same hype cycle, um, with AI right now.
• 8:04
  Especially with like the dawn of chat G p T that we're seeing, like everyone and everyone is talking about chat, G P T.
• 8:10
  Single, it's basically like the hottest New York club that you can't get into.
• 8:12
  Yeah. and everyone thinks like, I need to be in that club. Oh.
• 8:15
  Yeah. Everyone is trying to make a business around it. Yes. Or, or every business is trying to incorporate it. Yes. Like, there's just no one that's not talking about it. Right. Um.
• 8:23
  But we've seen companies and businesses that say they're using chat G P T and they're not.
• 8:29
  Right. Well, we know provably that there are some companies that say they were using it, especially early on and, and we were like, well, that's not possible. Right?
• 8:36
  Like, they don't have an API yet, but.
• 8:38
  A lot of people don't actually. So one of the things I, one of the reasons I, I really love being friends with Daniel is that he's so smart and he's such a sleuth in our mutual friend, business partner Jamel.
• 8:47
  Like the two of them are internet sleuth. And so they get down to the, they get the tea. They're like, they're actually not. Oh my God. . Oh my, my God. Okay. AI generated margaritas. . Oh my God.
• 8:59
  This is a new business idea. This, this is.
• 9:00
  How every podcast should.
• 9:01
  Go right now. Right now. Thank you so much.
• 9:04
  We have some margaritas brought to you.
• 9:07
  This is a commercial break brought to you by JD De Yes.
• 9:11
  Incorporated.
• 9:12
  I'll incorporate that.
• 9:12
  Okay. Cheers you guys. Wow.
• 9:15
  This podcast doesn't get so much better.
• 9:15
  Now we have Margarita. Cheers. Cheer.
• 9:19
  Cheer. There you go. Oh, come on.
• 9:24
  Oh, that's so good. Oh, come on jd. You see, you know, we need to have more podcasts. Yeah.
• 9:29
  Podcast every single day from.
• 9:31
  That's I'm saying the time's recording of this podcast.
• 9:34
  We are having very interesting ideas.
• 9:35
  And the interesting ideas are about to get more interesting because tequila fuels so creativity. Joyce Juice. Yes.
• 9:43
  It's already happening.
• 9:44
  It's right.
• 9:45
  hit.
• 9:46
  Hit throw and hit. Okay. So, um, they are internet sleuths going back to this, like companies that are leveraging it.
• 9:52
  We wanna talk about a few ideas that we've seen. Yeah.
• 9:54
  A few ideas of why we can get it, of what we think we can do to make it better and share these ideas with you.
• 9:58
  So when it comes to ai, some of the things that I have seen that a lot of people are using it for copy.
• 10:04
  And as you're looking for a lead generation for your business, there are companies now where in the past you would have a lead generation.
• 10:11
  So you would go in and say, I want to acquire somebody's email address and I'm in exchange for that.
• 10:16
  They're gonna, I'll be giving them a pdf, an e-book, a course, something.
• 10:20
  And so somebody goes to a site, you might be very familiar with it, you type in your email address and then you get something delivered to you that is lead generation.
• 10:28
  And so what happens is when you go and you create your lead generation page, people have a hard time saying, oh, what do I put as the headline?
• 10:34
  Or what do we put as the hook?
• 10:34
  Or what is the value add?
• 10:37
  And so people get stumped and when people get stumped, they stop.
• 10:40
  And so what we see is very popular lead generation companies have added an element of ai. They say AI will write your lead page.
• 10:49
  What are we thinking about this, Daniel?
• 10:50
  Right? Yeah.
• 10:51
  I'd like to make the distinction between the companies that are making AI their core feature and the companies that are using AI as like, in addition to their existing feature.
• 11:00
  Set. Oh, so interesting. Okay. I'm gonna pause two types of companies, people who are leveraging AI as their company and people that are using AI in addition to a core offering.
• 11:13
  Absolutely. Oh, good. Yeah, I've been following some smaller SaaS companies in the Twitter sphere right now.
• 11:18
  And, um, especially some smaller SaaS companies that were using AI as their core functionality. Like, um, IM getting the name of the company right now.
• 11:27
  But basically what they did is they generated AI copy for like marketing materials, let's say. Um, but that was their only feature and they were, uh, a new company that was just using some api. It was like a thin, um, veil over the actual product that they were using, which was great. I mean, good for them. They were able to like market a product successfully.
• 11:46
  And I think they ended up reaching like, uh, quite a bit of users.
• 11:50
  But as of like this month, the founder, like is first of all kudos to the founder for like tweeting this, but was tweeting about how like he's losing customers, right?
• 12:00
  He's saying like his cu his like R was down. And um, and it's probably because chat g p T is in the middle of opening up their a p i right now to other companies and not to.
• 12:10
  Mention, okay, so for the non-technical speakers, what this basically means is the more people that have the technology, the less valuable it becomes.
• 12:17
  So if everybody's having it, well then what makes your business offering special?
• 12:23
  Which is the difference of building a business on chat G B T versus already having a core offering in incorporating elements of chat G B T.
• 12:32
  So I did try a company that had, um, AI to help with Leadpages.
• 12:37
  And was it easier than starting from scratch?
• 12:42
  Maybe, but was it good?
• 12:46
  I think that's the big question, right? Is it, is it, is it good.
• 12:50
  and I, I I, in my opinion, what I saw the answer was a hard no.
• 12:55
  Right? I think we're gonna see like, definitely different opinions on that one because for sure I can tell you that the copy that you're gonna read, Jasmine, you're gonna be like, this is not to my standards because like, it's your thing.
• 13:04
  Because I'm a diva.
• 13:05
  That's it. Well, no, not, that's not that you're a diva. It's like, it's your expertise and then I'm gonna read it knowing nothing about this stuff and I'm gonna be like, this is a marketing copy .
• 13:13
  Here's the thing. But here's the thing, here's the thing.
• 13:15
  Would you trust AI to develop code?
• 13:19
  And then you'd just be like, like I would look at it and be like, it's code , but it's not my, it's not my expertise. Right?
• 13:25
  I think for somebody who doesn't know what it is that they're producing, I think it's questionable.
• 13:28
  I think that's where the problem is, right?
• 13:30
  Is that we're looking at this AI and it's probably good enough for like people that don't know too much about the subject, right?
• 13:37
  But then when you look at the experts, the experts are like, well, this doesn't really hold up to my standards as to like what a good blank is, right? Um, and I think that's partly because of the way these models are trained, right?
• 13:47
  Is they just basically swallow up the whole entire internet and then they spit out the average of what they get.
• 13:54
  And so if it's spitting out the average, your content will be average.
• 13:57
  If they're spitting out the average, your lead page copy is gonna be average.
• 14:01
  And so I was hit up a little bit ago by a company that's saying like, Hey, we know that you produce long form videos and that's like a, a pressure point, so why don't you try our AI long form content idea generation? And I was like, oh, tell me more. And so the way that it worked was it asked, what would you like your video to be about? And so I typed in, uh, thought leadership and then what it did is it generated five topics, five titles, and then when I clicked on the title, it then gave me a script and B-roll.
• 14:33
  And so B-roll is just basically things that you could film to move things visually. And when I looked at the script, I was like, oh, it's boring . Like I, I mean, it was, it, it was actually, it was boring.
• 14:45
  And I thought to myself, technically it delivered on the promise, get a script.
• 14:49
  But when I looked at the script, I like, I feel like I would probably spend more time trying to go through and add my own personal touches to actually produce a piece of content that I would put my name behind. And so again, this is the idea of a business built on ai like chat G P t versus an element of something that somebody is providing.
• 15:08
  And so can I ask you a question? Yeah. Okay.
• 15:10
  So I was sitting in a group of business owners and they were talking about like, how do we leverage and scale chat G B T for people that have already been creating content for a while. And so the way that it was explained to me, and the way that I wanna explain it here, but I need you to fact check, uh, loosely would be the way that we would be able, we as in people who are creating content consistently leverage chat G B T to scale would be that you would use your content as the base and then you would put chat G b t as like a thin layer on top of it so that we would use chat g b T to ask things or synthesize, and then it would be searching and slurping our content of content.
• 15:46
  Does that work? Like, is that.
• 15:48
  I think it's definitely got a future in itself there, because at least you get, um, some consistency in, in your voice, right?
• 15:55
  Like it's gonna look at the way you're phrasing things mm-hmm.
• 15:57
  in your existing copy mm-hmm.
• 15:58
  and it's gonna be able to match your voice. Mm-hmm. , however, I mean it, it might play out better than what I'm expecting, but at least what I see there, like maybe the first problem, the first shortfall we could see is that the content it generates might just be too similar to the content you already have. That's my guess. Mm-hmm. Um.
• 16:17
  You have to have a lot of con I mean a ton of content, ton of content to create something new, um, that would feel new, right. Instead of like a repeat.
• 16:26
  Exactly. It's like, I think that's the biggest problem that we're gonna be seeing over the next few years. Even. I mean, I think gonna be facing this problem when it comes to even indexing blog posts.
• 16:35
  How do we tell the AI generated content that's derivative from the unique original content that humans are writing?
• 16:41
  And I don't think anyone has the answer to that just yet. Like there's, it's really difficult to figure out if, if this is a human that wrote this or an ai, because the AI is really good at mimicking us .
• 16:51
  Okay. So speaking of which, I discovered a book called What Makes Us Human. I bought it, it is by Ian Thomas, Jasmine Wang, and g p t three. Yeah.
• 17:04
  The book was essentially written by G P T three.
• 17:08
  Now before people get skeptical, uh, Daniel might have a different opinion and I'm totally okay with it, but I went through the book and I read it and it's written almost like little tiny segments. It's tiny questions.
• 17:17
  It almost looks like some like are poems or haiku's and it's asking questions, but it's restraints of the book are pulled from like contextual things from like Confucius, Confucius and other historical figures, uh, how all of them as a conglomerate might answer these questions.
• 17:35
  I thought the book was fascinating.
• 17:36
  I thought it was a very simple read and I was just so interested that this was generated from G P T three.
• 17:40
  Okay. So on that note, if Dan and I are chatting and I'm like, how does this podcast become valuable to people? Like fine, we might have critiques.
• 17:51
  It's too early for us to have like definitively what businesses are going to excel.
• 17:55
  But one thing that Daniel and I talk about and that we agree are constraints.
• 17:59
  If you know how to put constraints on chat, GP three things change.
• 18:04
  Can you explain a little bit more about that? Yeah.
• 18:06
  You almost become like an artist of the AI when you start putting constraints on what you're working with.
• 18:12
  Um, so gi give us like the, the simplest expl explanation of a constraint.
• 18:15
  Right? A constraint would be like, uh, chat G P t I need you to write me a paragraph, but it needs to be in the voice of Abraham Lincoln and it needs to be, um, like a aqui or something like that.
• 18:30
  And now you've got like this very unique piece of text that like has matched two different like literature, um, ideas together.
• 18:38
  Okay? So hypothetically a teacher says, I need you to write an essay on the history of 1876 of America. And that's the question that you could put into chat J B T.
• 18:51
  But the constraint becomes written in the voice of Abraham Lincoln.
• 18:56
  The constraint becomes written as a soliloquy.
• 18:59
  The constraint becomes two paragraphs.
• 18:59
  So we talk about constraints, that's how we start differentiating the content versus asking a blanket question.
• 19:08
  There's that. And then there's even just the cherry picking, I think, where what we might be seeing over the next few years as well is like a shifting in our role of content creation, which is maybe you're using these AI chat bots to generate this content, but then you still have to come in as the human and say like, this is the paragraph. I want this like, write more like this. I, okay, can you extend this paragraph?
• 19:29
  Like we're mm-hmm. , I would like to look at it as kind of like, we're kinda like mechanics or something and we're just like tweaking the car a little bit as it's going. I we're, we're tweaking the car while it's driving .
• 19:41
  Okay. I think that if I saw this now and I didn't have a business, I would a hundred percent start training to be the mechanic.
• 19:49
  Like I feel like I could start training myself on knowing the best constraints.
• 19:53
  And I feel like instead of running like a copywriting agency or a digital marketing agency, I could actually train myself. So you can train, instead of training a team of 10 copywriters, you can train a team of three co.
• 20:07
  Constraint.
• 20:08
  One. Right? Right. Wait, one constraint builder, give me the framework for the constraints and I can take on, I don't even know hu 10, a hundred times the amount of clients in the same or less amount of time.
• 20:20
  As long as I know the constraints and the constraints are gonna be a new way of thinking. If I needed to start a business, I would be like, hells yeah, right here all day every day.
• 20:25
  Okay. But what do you think?
• 20:29
  Yeah, I think that's kind of the, the future of this space.
• 20:32
  At the very least already we're seeing some platforms that are fully built just for people to exchange their prompts.
• 20:36
  Like, Hey, I have this chat G b t.
• 20:40
  Prompt. Now when you say a prompt, is that like a constraint?
• 20:42
  That's like a constraint?
• 20:43
  Like the prompt is basically like please generate a five paragraph essay on, uh, the.
• 20:49
  Cuban Missile Crisis.
• 20:50
  Yeah. The Cuban Missile Crisis. And uh, make sure to throw in your sources Oh, and make sure to also throw in something about Ford Motor Company, like very left field, right? But like, in a sense that's a, a constraint.
• 21:01
  You've, you've forced the ai ai to, to write something that otherwise would not have like, fit into the text.
• 21:07
  That is next level lazy . I mean it's brilliant. No, it's really i's, right? Here's the thing, when I say it's lazy, there's no judgment.
• 21:12
  I'm just like, dang, that's pretty incredible. Because you could actually, you know, go to chat g b t, ask it to write, you know, an essay about the Cuban Missile Crisis.
• 21:20
  Or you can just go to these platforms that have a prompt. I mean like, you just took like next level. Yeah. Like.
• 21:25
  Yeah, it's like you don't even wanna like think about your constraints anymore.
• 21:27
  So you go somewhere else and you're like, oh that's actually really interesting.
• 21:30
  I can.
• 21:30
  Use that prompt. That's business idea number two. . That's thing.
• 21:32
  So there's platforms and it's kind of like an eBay for prompts.
• 21:35
  It's like an eBay for prompts I've even seen, so we have one for chat G P T, I've seen one for Dolly, which is like the image version Yes. Of chat G P T.
• 21:44
  And those ones are really interesting just because it's so visual.
• 21:46
  Like I can just scroll through the website and be like, wow, this is so cool.
• 21:49
  They generated this image.
• 21:51
  I really wonder what they provided to Dolly to get that spit out from it.
• 21:55
  And then you pay, you know, whatever amount of money to get access to the prompt and now you can have fun.
• 21:59
  With it. So it's the next level of a textbook.
• 22:01
  Basically. It's like a textbook.
• 22:01
  It's almost like you're seeing like.
• 22:03
  A cheat code. It's.
• 22:04
  A cheat code.
• 22:05
  You're seeing how other people are using it and now you can copy them.
• 22:08
  I mean two business ideas right here and one can actually lead into the other.
• 22:12
  Like it's gonna be a race to the top.
• 22:13
  It's gonna be a race to who can come up with the most prompts.
• 22:16
  It's gonna be a race to, how do I think in terms of constraints, how do I convey to a client that what they're getting is totally exclusive, but it's on the back of your training, your history, your contextualization.
• 22:25
  Like there is a whole new market right here. I'm like, get me at this market.
• 22:29
  No, no, no. Um, but I, I would definitely think if you are looking for business ideas to dive deep in this space, cuz it's so new and it is such a fast track becoming a leader as long as you do the early lifting work.
• 22:39
  And I think it's a new version of like, uh, selling camera presets or like editing presets for photography. Like, dude, like now you're seeing people doing that for Dolly. It's like, it's almost like a preset the prompt, like you're saying, okay, this is where you can start from and now you can modify this prompt as you wish to fit your needs.
• 22:56
  Okay, so, um, like can I ask you like, well let's just brainstorm, like yeah, if I'm a baker and could I go to this platform to buy a prompt on how do I customize grandma's oatmeal, cookies or like, help me, help me work through that.
• 23:14
  Cause people were like, that sounds great, but what about my business?
• 23:16
  Like how could I start selling prompts for what it is that I do? Like let's.
• 23:19
  Definitely, it's a lot easier to definitely think of it.
• 23:21
  From We gotta bring the mic up, Daniel. Oh yeah, absolutely.
• 23:24
  So here's one thing that, here's one thing y'all don't even know about Daniel.
• 23:27
  Oh, number one, I'm wearing leather pants with pleats in the front and I'm looking at this camera and I'm like, girl, it's just a look. It's just a look.
• 23:32
  I'm just very proud of this .
• 23:32
  It's just a very proud of look.
• 23:34
  But it's actually not a full outfit cause it's just all black.
• 23:36
  I think you could just wear all black and still be kind of, sort of fashionable.
• 23:38
  I, yeah, it looks cool. Okay.
• 23:38
  But right now Daniel is, I'm the opposite of black today.
• 23:41
  He's the, he, he's the, there.
• 23:43
  Are no.
• 23:43
  Dark color. La he's la boy right now.
• 23:43
  Bleach hair watch right now. This is, he acts like it's not a big deal, but he's so on the cusp of being so cool, he just doesn't even know it.
• 23:51
  Like I'm seeing all the LA boys, all the early trendsetters, bleaching their hair. I mean.
• 23:57
  You gotta get on the train. You got gotta you gotta get on the train.
• 23:59
  I gotta get on the train.
• 24:00
  . Um, so, uh, when we think about contextualizing this, like where does that go?
• 24:05
  Yeah. So I think it's a lot easier to just, because Dolly is visual, it's easier to come up with examples for it. But like for example, for this baker, right?
• 24:11
  Mm-hmm. , maybe they need some marketing images. Like, I'm gonna send out a pamphlet to everyone in the neighborhood. You know what, actually Albert, I'll make this more personal. , um, let's, oh.
• 24:21
  Hold on. He's gonna make it personal. And I already need, see this is where sometimes Daniel and I share a brain, the smart side of his brain is never shared with me because I can't understand the capacity in which he functions because he's like a walking computer.
• 24:32
  He's freaking brilliant.
• 24:33
  But then there's sometimes we're getting to the business stuff.
• 24:35
  We're right on the same page. I'm.
• 24:37
  Right on the same page. So Daniel's family, shout out to Ballers and Brews.
• 24:40
  If you are ever in Burbank, y'all need to get some donuts and coffee.
• 24:43
  And here's the thing, I'm a coffee snob. I am such a snob.
• 24:47
  I almost hate myself for it, but i's no shame in my game When Daniel comes, I say, Daniel, you cannot come into my house if you do not bring me cold brew from followers and brew. Like, it's just, I'm sorry. I will turn you away.
• 24:57
  So let's say your mom and dad are owners. They're phenomenal people, best business people. I always go and leave really generous tips, but that's not me being generous.
• 25:05
  It's just she wants to give me everything for free.
• 25:07
  a traditional Greek mom, she wants to give me everything for free.
• 25:11
  She wants everyone to be full.
• 25:11
  Wants everyone to be full and fully caffeinated. And she's like, Jasmine, just take it. Just take it. I was just like, listen, I know you're giving to be free, but I'm going to tip in this jar and it's me paying for it because I like supporting small businesses.
• 25:20
  But let's talk about your mom.
• 25:22
  How would she use it?
• 25:23
  Right? So right now we're actually, um, at a point where we need product images of all of our products. Like all like, we have cookies, we have coffee, we have so many things that need to be, we, we need to take pictures of. And it's just a very daunting task because I mean, we're talking even the variations of those products, right? As well.
• 25:40
  So now we're looking at like maybe a hundred images that need to be taken, right? And professionally at that. So, um, in this situation, I am gonna try this sometime later this week, is what does it look like for me to pass a prompt to Dolly or maybe being able to pass it a real life image, like an amateur image that I just take of, of one of our products and then pass it to Dolly and ask it to render a more professional version of the image.
• 26:05
  So I'll, I'll geek out here. As a photographer, you could put your iPhone like an iPhone 12, an iPhone 13. Yep.
• 26:11
  And you could put a donut on a white piece of paper and you could put your phone in portrait mode. You could import that into Dolly and you could say, can you make this image look like it was shot in a studio?
• 26:23
  Pretty much. Yeah. You can ask that and see what happens.
• 26:26
  Like you could try replacing the background, right. Things like.
• 26:28
  That. Right. Okay. Very, very interesting.
• 26:32
  So one of our mutual, uh, peers, brilliant minds, his name is Jamel and Jemele's father.
• 26:35
  See, we all hail from families.
• 26:39
  I say we all, but actually just the smartest people in the crew.
• 26:42
  Hail from families are business owners.
• 26:43
  I hail from a long line of like gardeners and cooks. He's like, shout out, shout out, shout out, shout out. A new generation of, uh, first generation immigrants, children of immigrants. So, um, Jemele's father is really successful and he has built a brand known in the convenient store markets in Nova Scotia, Canada.
• 27:02
  So kind of just like he is like a purveyor and he aggregates, um, these really amazing convenient store owners.
• 27:08
  And sometimes you have to have difficult conversations.
• 27:11
  Andele had expressed to us that his father wanted to have a conversation and just couldn't find the right words. So he used chat, G B T, why do I always say it wrong? Conversation.
• 27:19
  It's.
• 27:19
  Very hard to remember. I say it wrong.
• 27:19
  And then you look at me and you're like, I know you're giving the look of your jasmine. You're saying it wrong.
• 27:24
  And I'm like, you know what? I'm just gonna call it chat. Okay, , because I just, I will get it wrong.
• 27:26
  And I'm like, who cares? And just.
• 27:28
  It takes everything in me to not say chat g p t three. Like, I'm like merging both products. I said that I've.
• 27:33
  Said it twice on, I've said it twice. I've said it twice, I've said it three times on this episode.
• 27:35
  And that was pre tequila. So chat, G p t Jamal helped his dad put in prompts and his dad got a, an email and then the prompt was x I'm not gonna give too much information.
• 27:49
  I was.
• 27:50
  Yeah, I don't remember.
• 27:50
  Yeah. And then, uh, his dad's like, okay, but let's add a constraint.
• 27:53
  Like added a little nicer.
• 27:53
  And then what, what, what rendered his dad thought and was like, this is incredible. Perfect.
• 27:59
  It was perfect.
• 27:59
  .
• 28:00
  So small business owners who need to send an email to a client can put in a prompt and say, um, I need an email of apology explaining why an item was late and it renders back. And then he was like, I need it to sound a little funnier.
• 28:15
  Yeah, throw a little joke in.
• 28:16
  There, can throw a joke in there. And then it's like, add an element of a discount for a future purchase. Like, you're literally feeding information if you feel like you don't, you can't find the right words. And so lots of uses for business owners.
• 28:30
  And so kind of just like tie up the conversation or is that okay?
• 28:33
  I'm gonna tie up the conversation. Yeah.
• 28:34
  I think we've covered a good amount of ground on chat. G B T. Okay.
• 28:37
  Yeah. Okay. Okay. So we've come up with a couple ideas.
• 28:40
  We come up with being like a constraint creator. Yep.
• 28:43
  Learning how to hone your skills as a constraint creator. You can also monetize, if you kind of find that you're good at creating prompts specific to your industry, you can upload them to platforms.
• 28:52
  So think of this as like the eBay for prompts and you can be getting money and if you decided to spend a little bit of time to go into, you know, how to serve a specific market in a certain industry you think people are gonna go in and search and buy. Well, hot dang.
• 29:06
  We also found that business owners can use elements like Dolly to get imagery if they need it. That's super custom and specific to them.
• 29:14
  And then we also talked about having copy but not generic copy.
• 29:18
  We have to add those constraints for small business owners to have, you know, light emails, heavy email conversations. Right?
• 29:23
  And so anything else that we could type in regards to making money using AI for business.
• 29:29
  Honestly, I think the best step forward for pretty much any business owner right now is at least play with these tools. Just see what, like, see if like you can get any value out of them.
• 29:38
  Maybe there's like this one process that you're doing very frequently that takes up a lot of your time that could be automated through this. Um, you just gotta play with.
• 29:45
  It. Gimme an example.
• 29:46
  Like for example, um, maybe if for your business right now is maybe you're building a lot of landing pages, right? And, you know, let's say your business is in consulting, like you are some kind of consulting business and I mean your, your core business is not building landing pages. Like that's maybe, maybe you're not like, excited about marketing, right?
• 30:07
  And being able to outsource that to chat g p t or some other, uh, copywriting ai, it will just free you up to do other things in your important things that actually bring you revenue.
• 30:19
  And even if, or if you're a copywriter, let's talk about the copywriter.
• 30:22
  Cause it's, it.
• 30:22
  Could even help you as the copywriter can help.
• 30:25
  You as the copywriter, you know, it's like, so I want us to start having these conversations because I think Daniel, and even in the future, hopefully Jamele and even jd, jds gonna come in on the podcast, not just, not just serving really overly strong. Margarita, are you filling it a little bit?
• 30:41
  I'm a villain. I've barely drank any.
• 30:42
  I'm feeling already was like, I'm like, wow, okay.
• 30:45
  I'm gonna start speaking Spanish right now. . I mean, I'm just saying it doesn't, I'm living in it. I'm living in it.
• 30:49
  And for those of you who are not watching the video, this watermelon, it is organic, fresh squeezed watermelon juice and it.
• 30:56
  Looks.
• 30:56
  Beautiful. It looks beautiful on the side. There is a side rim of Quin, if you're not familiar with Quin, it is a southern California, I mean, it's actually from Mexico, but Southern California and Texas, we roll deep.
• 31:07
  And so think of it as like a little spicy, a little sweet.
• 31:10
  And instead of doing a salted rim, you do a takin rim. I mean, hi.
• 31:14
  Okay. Uh, we actually look forward to having more conversations. I know, I, I am, uh, into slapping him. He's like, okay girl, get off the mic.
• 31:22
  at that point, it's definitely at that point.
• 31:24
  But we wanna have these conversations to stimulate new ideas.
• 31:27
  We wanna start thinking about what is happening in the future.
• 31:29
  We want you to have a front row seat to what those things are to help you think in different ways. And not to be afraid, but to be, to embrace.
• 31:35
  And so Daniel had said, try it. Like absolutely try, just try it. So, um, somebody right now is like, okay, I I'm ready to try Dolly. Where did it go?
• 31:43
  So yeah, literally just go to Google and, and type in, um, Dolly open ai.
• 31:48
  Okay, but I, I actually, I wasn't gonna say this, I'm gonna blame it on the tequila.
• 31:52
  The first time that I heard people talking about Dolly, this was like early, um, last year I typed in D O L L Y . Okay.
• 31:59
  So I'm just gonna say I did it wrong. Dolly . Okay.
• 32:02
  Exactly like Dolly Parton.
• 32:04
  I mean obviously like that's the most famous dolly that there ever is.
• 32:07
  That's true. So how does somebody not repeat my mistake?
• 32:09
  Yeah. So you're gonna wanna actually type in D A L L E, um.
• 32:13
  Who the heck would spell it like that?
• 32:13
  Leave it to all the smart kids to, to leave it like that. I mean, we'll just pretend it's Dolly after Dolly Parton, but it's d a l.
• 32:21
  L, it's dolly like closer to like Salvador Dolly.
• 32:24
  And they like added like e at the end as.
• 32:26
  No Dolly's d a l i.
• 32:28
  Right? And the e at the end is like electronic.
• 32:30
  Oh, that's.
• 32:31
  The way I see it. See, maybe they did something.
• 32:32
  Else there. I just, it's like these, it's these smart snobs, theses .
• 32:36
  They'll, they'll just get it every time anyway, regardless of how you there.
• 32:40
  Get there, try it. It is not intimidating.
• 32:42
  It is best to dig in and I've always said that you will learn more by doing than ever learning more on how to learn more. So get in, dive in. I look forward to future conversations with Daniel.
• 32:54
  If you guys have ideas around other businesses that you want us to dissect and get into, like always just an Instagram DM away, you can find me at Jazz Star and Daniel, how do people set you up on Instagram?
• 33:04
  Yeah.
• 33:04
  You guys can hit me up at Electric Realm on Twitter or Daniel DeVere.
• 33:08
  On Instagram. He's so electric realm.
• 33:10
  See if that's not truly LA I don't know what it is. . I really like, he's just, he's just too cool for me.
• 33:14
  I'm just happy that he's my friend.
• 33:17
  Like always. If you like the jazz Star show, like subscribe, leave a comment.
• 33:21
  We're here to support you. Bye y'all.