$300,000 to become a prompt engineer ?

Hey Folks, The job market is evolving fast. If you're good at ChatGPT, then companies are willing to pay up to $300,000 for your services as a prompt engineer.

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Here’s what we have lined up for you today - 

1. Good at ChatGPT ? Companies want to pay you a lot of money !

2. Bing chat is now welcoming advertisers

3. Hubspot CTO buys Chat.com domain for 8 figures

Good at ChatGPT ? Companies want to pay you a lot of money !

Goldman predicts 300 million jobs will be affected by AI. People worry that tools like ChatGPT will take away their jobs. But as we’ve mentioned earlier, AI will give way to new jobs. Hints of that are already starting to emerge as companies are hiring “prompt engineers” for healthy six figure salaries. 

Bloomberg reported that Prompt Engineers are being offered up to $335,000. These are essentially people who are really good at interfacing and prompting GPT like systems to output desired results. Irrespective of educational backgrounds Prompt Engineering is emerging as a field where companies are seeking expertise. 

Not too dissimilar from “Software Engineering” where people interface with code to output desired results, companies are realising that to effectively capture the value of Generative AI systems they need to start establishing their own prompt engineering practices. 

We could see in the not too distant future academic programs, certifications and up-skilling programs geared towards training prompt engineers much like how software engineering took off.  

Bing chat is now welcoming advertisers

This is big news for the publishing industry. Microsoft announced that they have begun to incorporate ads into Bing chat’s outputs. These ads will appear as citations in chat sessions that users have with Bing. Microsoft mentioned that with this new form of advertising it is also reworking on how it can best share ad revenue with publishers. 

This is an important step forward for publishers. LLMs are not built for citations, most applications simply repurpose the content of publishers without proper attribution and citations. ChatGPT (which has over a 100 million users) does not cite content that it pulls and uses for its output. 

Bing’s share of search revenue is tiny. But Microsoft CFO Amy Hood believes that for every 1% gain Bing can make in the market share, the company can expect to bring in $2 billion in revenue. 

Around the industry - 

1. Andrew Ng coursera cofounder disagrees with pausing AI

2. Parloa raises $21M to add a little automation to contact centers

3. FTC should stop OpenAI from launching new GPT models, says AI policy group

4. Eliezer Yudkowsky believes Pausing AI Developments Isn't Enough. We Need to Shut it All Down

5. Top Google Engineer resigned after warning Google execs that Bard was being trained on ChatGPT data

6. You can now fine tune LLAMA , Meta’s GPT like model a lot quicker

Product Corner - 

There are way too many cool products to showcase just one !

• Collato : AI search engine for product teams

• Stockimg : Generate stock images using AI

• Tabnine : Fullstack AI assistant for developers 

• Blend : Professional product photography using Generative AI 

• MobileGPT : ChatGPT on your Whatsapp

• Pico : Use ChatGPT to build webapps easily

How much will you pay for Chat.com ? 

Hubspot CTO, Dharmesh Shah paid 8 figures for it ! 

Here's what he had to say about it (full post below) - 

" I think Chat-based UX (#ChatUX) is the next big thing in software. Communicating with computers/software through a natural language interface is much more intuitive. This is made possible by Generative A.I. " 

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