The Prompt

The Prompt

Welcome to The Prompt, where we explore the cutting edge of content creation and technology. Jim Carter introduces a groundbreaking shift in podcasting and content production, delving deep into the world of AI. He shares how AI is not just a tool but a creative collaborator reshaping the landscape of content creation. Jim discusses the limitless possibilities AI brings to the table, from generating diverse and engaging content to pushing the boundaries of creativity. The Prompt is an exciting, new type of podcast that is fully generated by AI - a vision executed from inside of Jim's mind. Shows are 100% authentic and use Artificial Intelligence to support the rapid distribution and growth of this new technology channel. Join Jim as he kicks off this new concept and discover the future of content creation powered by AI, one prompt at a time, with him.

  1. 6 DAYS AGO

    How JPMorgan's $2 BILLION AI Overhaul is CHANGING Banking Forever

    "The potential impact of generative AI is comparable to electricity, the printing press, and the internet." That's straight from JPMorgan Chase's CEO Jamie Dimon and the level of transformation we're talking about in this episode of The Prompt with Jim Carter. So, buckle up because we're diving into how AI is revolutionizing the banking world. Imagine over 140,000 JPMorgan Chase employees using a cutting-edge AI tool called LLM Suite, powered by OpenAI models like ChatGPT. This isn't just for show—this tool is transforming everything from writing emails to enhancing customer service. It's making operations more efficient and potentially saving the bank billions (yes, billions with a B) by preventing fraud and optimizing processes. But JPMorgan Chase isn't alone. Heavyweights like Capital One, Bank of America, and Discover are also jumping on the AI bandwagon, prepping their cloud infrastructure and data to harness this tech. It's a massive shift, promising smarter, faster, and more secure financial services. JPMorgan Chase has brought in a new tech chief and a chief data and analytics officer to lead the charge. They're not just updating their tech—they're overhauling it. Cloud migration, modern data centers, and extensive employee training are all part of the plan. Because let's face it, a fancy AI tool is useless if people don't know how to use it. Key takeaways? AI is set to deliver up to $2 billion in value for JPMorgan Chase, primarily through fraud prevention. The bank is expanding its AI tool from 60,000 to 140,000 employees, emphasizing the need for a modern tech setup and comprehensive training. So, what's next? As AI enters finance, expect big changes in how banks operate. But with great power comes great responsibility. Ethical use, job shifts, and other challenges need to be addressed for it to be successful. If you're as pumped about AI as we are, join Jim's Slack community at fastfoundations.com/slack. It's the hub for AI enthusiasts, where you'll find the latest tools, strategies, and discussions to keep you ahead of the AI curve. Thanks for tuning in to The Prompt. Let's keep exploring AI together, one prompt at a time. Catch you in the next episode!

    4 min
  2. 23 SEPT

    How OpenAI's O1 is Outsmarting Experts

    "Imagine an AI that can help healthcare researchers annotate cell sequencing data or physicists generate complicated mathematical formulas. The possibilities are endless." OpenAI's new o1 model is outperforming humans in coding, chemistry, and mathematics. You heard it right. In this episode of "The Prompt," Jim Carter dives into the groundbreaking advancements of OpenAI's latest AI model, the o1. This isn't just another AI; it's designed to think more like us, reasoning through complex problems and delivering accurate answers. Imagine an AI that doesn't just spit out facts but actually contemplates and analyzes—sounds like sci-fi, right? Well, it's here. Jim shares how the o1 model has achieved remarkable feats, like scoring in the 89th percentile in competitive programming on Codeforces and ranking among the top 500 in the USA Math Olympiad qualifier. It even outperformed PhD-level humans in physics, biology, and chemistry benchmarks. And that's not all. OpenAI has released two versions: the full-powered o1-preview and the cost-effective o1-mini, which is 80% cheaper while still delivering on performance. However, it's not all sunshine and rainbows. Jim doesn't shy away from discussing the model's limitations, like its slower response time and higher operational costs compared to other AI models. Plus, there's the issue of "hallucinations," where the AI confidently delivers incorrect statements. Despite these drawbacks, the o1 model is a significant leap forward in AI reasoning capabilities, with potential applications ranging from scientific research to software development. Jim also touches on the competitive landscape, with companies like Google, Anthropic, and Elon Musk's xAI racing to develop similar "thinking" AI models. At the same time, OpenAI plans to extend o1-mini access to all free ChatGPT users and improve the model's capabilities. Key takeaways? The o1 model is a game-changer in AI, capable of solving complex problems and outperforming human experts in various fields. It's not perfect, but it's a monumental step towards creating AI that can reason and problem-solve like us. Feeling inspired? Head over to bara.ai and join the waitlist for demos of Bara.AI, Jim's new service offering custom AI workflows tailored to your needs. Let's push the boundaries of what's possible with AI together. Until next time, stay curious!

    4 min
  3. 10 SEPT

    Can AI Chatbots Create False Memories?

    AI chatbots can induce false memories. That’s the jaw-dropping revelation Jim Carter dives into on this episode of "The Prompt." Jim shares a groundbreaking study by MIT and the University of California, Irvine, which found that AI-powered chatbots can create false memories in users. Imagine witnessing a crime and then being misled by a chatbot into remembering things that never happened. Scary, right? The study involved 200 participants who watched a silent CCTV video of an armed robbery. They were split into four groups: a control group, a survey with misleading questions, a pre-scripted chatbot, and a generative chatbot using a large language model. The results? The generative chatbot induced nearly triple the number of false memories compared to the control group. What's even crazier is that 36% of users' responses to the generative chatbot were misled, and these false memories stuck around for at least a week! Jim explores why some people are more susceptible to these AI-induced false memories. Turns out, people who are familiar with AI but not with chatbots are more likely to be misled. Plus, those with a keen interest in crime investigations are more vulnerable, likely due to their higher engagement and processing of misinformation. So, why do chatbots "hallucinate" or generate false info? Jim explains the limitations and biases in training data, overfitting, and the nature of large language models, which prioritize plausible answers over factual accuracy. These hallucinations can spread misinformation, erode trust in AI, and even cause legal issues. But don’t worry, Jim doesn’t leave us hanging. He shares actionable steps to minimize these risks, like improving training data quality, combining language models with fact-checking systems, and developing hallucination detection systems. Want to stay on top of the latest AI developments? Join Jim's Fast Foundations Slack group to discuss these critical issues and work towards responsible AI development. Head over to fastfoundations.com/slack to be part of the conversation. Remember, we have the power to shape AI’s future, so let’s keep the dialogue going, one prompt at a time.

    5 min
  4. 3 SEPT

    Free Speech or CHAOS? What Grok 2 Does for the AI Industry.

    Is Grok 2.0, the newest version from Elon Musk's AI company xAI, UNHINGED? We're about to find out. This new version of their chatbot includes an image generation feature, which doesn't sound like a big deal, right? The problem is that it has almost no restrictions or content moderation. Unlike OpenAI's DALL-E or Google's Gemini, which have strict filters to prevent offensive or misleading images, Grok 2.0 is pretty much a free-for-all. And the results? Well, they're more than a little concerning. Imagine fake images of politicians in compromising situations—Barack Obama using drugs, Donald Trump with a pregnant Kamala Harris. Yeah, it's that bad. And Grok's inconsistent answers about its limitations don't exactly inspire confidence. Jim dives deep into the ethical quagmire this presents, especially with the 2024 US presidential election looming. The potential for abuse is staggering, not just in politics but also in legal realms like copyright. Iconic characters are being misrepresented and it's clear that the creators of these images aren't thinking about the legal ramifications. But this episode isn't just about Grok. It's about the broader challenges of balancing technological progress with responsible AI development. Jim argues that we need clear, honest, ethical rules as these tools become more advanced and accessible. If we don't start having these tough conversations now, we're setting ourselves up for a world of trouble. We need proactive safeguards and critical thinking about AI misuse. Public trust in technology is at stake, and the easier it is for people to do harm with AI, the more likely it is to happen. Jim calls on the AI community to grapple with these issues head-on. "As much as I love the potential of AI, cases like Grok 2.0 are only going to become more common. If we don't start having these tough conversations now, we're gonna be in for a world of trouble down the line." So, what do you think about Grok and the broader implications for AI development? Join the conversation at fastfoundations.com/slack and let's keep pushing the boundaries of what's possible with AI—one prompt at a time.

    4 min
  5. 26 AUG

    CMD + C: How Kareen Walsh and I built a CLONE of herself

    In this special episode, Jim Carter talks with Kareen Walsh about the launch of her AI-based chat app, Hey Kareen. They explore how AI can replicate human expertise to scale personal impact and efficiency. Jim emphasizes the transformative potential of AI, likening it to the impact of the personal computer. He notes two main reactions to AI: fear and curiosity, and advocates for the latter by sharing real-life examples of rapid AI integration and its benefits. Key points include: AI Integration: Jim discusses how AI tools eliminate the need for custom builds, making it faster and easier to implement new technology.Overcoming Fear: Jim and Kareen talk about the fear of AI and how curiosity can overcome it, emphasizing practical experimentation.Practical Use Cases: Jim shares how AI can handle complex data analysis quickly, freeing up time for more valuable tasks.Accessibility: Emphasizes that AI tools are now accessible to everyone, not just those with advanced technical skills.Impact and Evolution: The conversation underlines how AI helps scale personal expertise, making it possible to reach and help more people. Kareen and Jim's dialogue is insightful, showing how AI can be a powerful tool for both personal and professional growth, if approached with an open mind and a willingness to experiment. Check out her new app at https://heykareen.com and use this special link for a 7-day free trial (https://heykareen.com/joinnow)

    41 min
  6. 19 AUG

    AI That Can THINK Like Humans & Crack MILITARY Grade Encryption?

    "Q* is already challenging our perceptions of what AI can do. It's not about replacing human thinking, but augmenting it, creating new possibilities for collaboration between humans and AI." Welcome back to The Prompt with Jim Carter! Today, Jim dives into the enigmatic world of Project Strawberry, also known as Q*, which some are saying might be the next GPT-5 from OpenAI. This episode unpacks the mystery and excitement surrounding Q*, a project that's pushing AI into thrilling and slightly unnerving new territories. So, what's Q* all about? At its heart, Q* is designed to make AI think more like humans. Instead of just memorizing facts, it helps AI reason through problems step-by-step, much like we do. This shift is monumental for AI development, focusing on better reasoning, self-learning capabilities, and advanced problem-solving. Imagine an AI that can teach itself new skills and adapt on its own—mind-blowing, right? Jim breaks down how Q* works using Q-learning and AAR search. He shares how Q-learning is like training a dog with rewards and feedback, while AAR search is a GPS for problem-solving, always finding the most efficient path. Together, these techniques allow Q* to think ahead and plan, tackling real-world challenges like a chess grandmaster. The potential applications are vast: speeding up scientific research, improving climate modeling, and even acting as a super-smart personal assistant. Picture planning a family vacation with an AI that considers budget, destinations, and activities, finding the best deals and itineraries—sounds like a dream, doesn't it? But with great power comes great responsibility. Jim discusses the ethical considerations, the computational power required for Q*, and the speculation around "GPT-Mini," a more efficient version that could incorporate Q*'s capabilities sustainably. Key takeaways? Q* is pushing us closer to Artificial General Intelligence (AGI) - AI that can understand, learn, and apply knowledge across different areas. But know this: It's not about replacing human thinking but augmenting it, creating new possibilities for collaboration between humans and AI. Jim leaves us with a thought-provoking question: If Q* can teach itself advanced mathematics, what's stopping it from cracking the toughest encryption algorithms? The prospect is daunting, but it gets you thinking about how far AGI can go. Curious to learn more about AI? Join Jim's Slack community for insights, strategies, and support at fastfoundations.com/slack. Let's keep pushing the boundaries of what's possible with AI, one prompt at a time. See you next time!

    7 min
  7. 13 AUG

    How SearchGPT is SHAKING UP a $237 Billion Market

    "As an SEO expert with over a decade of experience, I've seen the industry evolve time and time again. But this shift towards AI-powered search feels different." In this episode of "The Prompt," Jim Carter dives deep into the revolutionary new AI-powered search engine from OpenAI that's got everyone talking. Forget scrolling through endless pages of search results; with SearchGPT, you get direct, conversational answers to your questions, complete with in-line citations and links. It's like chatting with a super knowledgeable friend who always has the receipts. Jim breaks down the staggering numbers: the global search engine market is valued at over $237 billion in 2023 and is expected to double by 2030. Google handles a jaw-dropping 8.5 billion searches per day, but the landscape is changing fast. With SearchGPT's conversational approach and real-time information integration, Google might finally have some serious competition. So, what does this mean for the future of search? Well, competition is heating up, and even Alphabet's shares took a 2.5% dip following SearchGPT's announcement. This could push Google and other search engines to innovate at lightning speed. Jim also touches on the evolving nature of SEO, emphasizing the shift towards natural language, semantic relevance, and structured data. It's no longer just about keywords; it's about creating genuinely helpful and informative content that humans and AI can easily understand. The rise of AI-powered search means a shift in user behavior and a move away from traditional search result pages towards more conversational interactions. This has massive implications for digital marketing, content creation, and how we interact with the internet as a whole. Jim, with his decade of SEO expertise, sees this as an exciting yet daunting time, urging everyone to adapt and embrace these changes to thrive in this new era of search. Curious about the inner workings of "The Prompt" and how Jim leverages AI in podcasting? Join his Slack community at fastfoundations.com/slack to dive deep into strategies, scripts, and workflows. It's a highly valuable community leading the way for AI in business at a fraction of the cost of hiring Jim or his team one-on-one. So, what do you think about this shift? Are you excited about the potential of AI-powered search, or do you have concerns? Jim wants to hear your thoughts! Tune in, stay curious, and let's keep pushing the boundaries of what's possible with AI and search, one prompt at a time.

    4 min
  8. 5 AUG

    Have We Hit the PEAK of AI? This OpenAI release is a clue.

    "Inside the labs, we have these capable models and they're not that far ahead from what the public has access to for free." Boom! That’s a direct quote from Mira Murati, CTO of OpenAI, and it sets the stage for this episode of The Prompt. Jim Carter covers the release of GPT-4o-mini, a smaller, faster, and way cheaper version of the flagship GPT-4o model. This isn't just another upgrade; it's a paradigm shift. Jim explores how GPT-4o-mini, with its impressive 82% score on the MMLU benchmark and the same 128 thousand token context window, is making waves by being both efficient and accessible. And the kicker? It does all this at a fraction of the cost—15 cents per million input tokens and 60 cents per million output tokens. For anyone running API calls around the clock, these savings are huge. But it’s not just about the money. Jim argues that this shift towards efficiency over raw power signifies a new phase in AI development. We’re moving from pushing the boundaries of what's possible to making those capabilities practical and accessible. This is echoed in Murati’s admission that the most exciting stuff in the labs isn’t that far ahead of what’s publicly available. Jim also touches on how GPT-4o-mini holds its own against other models like Claude, Llama, and Gemma. While it’s not blowing them out of the water, it’s competitive, signaling a saturation point in AI development. This new phase is all about optimization, practical applications, and making powerful tech more accessible.

    4 min

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About

Welcome to The Prompt, where we explore the cutting edge of content creation and technology. Jim Carter introduces a groundbreaking shift in podcasting and content production, delving deep into the world of AI. He shares how AI is not just a tool but a creative collaborator reshaping the landscape of content creation. Jim discusses the limitless possibilities AI brings to the table, from generating diverse and engaging content to pushing the boundaries of creativity. The Prompt is an exciting, new type of podcast that is fully generated by AI - a vision executed from inside of Jim's mind. Shows are 100% authentic and use Artificial Intelligence to support the rapid distribution and growth of this new technology channel. Join Jim as he kicks off this new concept and discover the future of content creation powered by AI, one prompt at a time, with him.

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