AI Pulse Point

Author

Justin Theng
August 25, 2023

Hello AI Enthusiast,

Immerse yourself in the latest AI developments. Without further ado, let's explore!

In today’s edition, we cover:

  • 🤖 Using AI for Effective Customer Retention

  • 🚗 Elon Musk Says Tesla Cars Can Now THINK!

  • 📈 AI and Creativity: Boosting Business Growth

  • 💭The AI Therapy App: Deepen

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Using AI for Effective Customer Retention

This article discusses how AI can be used to improve customer retention and loyalty, and how this can lead to increased profits.

Key takeaways:

1. Increasing customer retention rates by 5% can increase profits from 25% to 95%.

2. AI can be used to anticipate customer needs, personalize offerings, and detect patterns and trends.

3. AI can also be used to analyze customer sentiments and engage customers in more meaningful ways.

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AI and Creativity: Boosting Business Growth

In the race for business growth and expansion, there is an often-overlooked ingredient that can make all the difference – creativity. It is the art of seeing what everyone else has seen and thinking what no one else has thought. Businesses thriving in today's competitive market owe much of their success to the ability to think outside the box, to find new solutions to old problems, and to offer unique value to their customers. The role of creativity in business growth, therefore, cannot be overstated.

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Elon Musk says Tesla cars now have a mind, figured out ‘some aspects of AGI’

Elon Musk claims that Tesla may have “figured out some aspects of AGI” as he believes that Tesla vehicles now have “a mind.”

The CEO has said several times that he believes most of Tesla’s value is attached to self-driving, and he says Tesla could achieve it by the end of the year.

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🛠️ ONE TOOL

The AI Therapy App: Deepen

The ultimate self-care companion on your journey to mental well-being. A space to explore and understand yourself.

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Convert & Conquer: Mastering Your Welcome Automation Emails Using Behavioural Science

Simply refer this newsletter to 5 other business owners in your world who you think will find it useful. We're on this journey together, and there's no better time than now to arm yourself and others with valuable insights.

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