AI's GPT-4 Generates Investment Pitches That Beat Humans by a Factor of 3

while my PDF started talking back to me

Hello and welcome back to another thrilling day in accounting, as 250 investors flat-out said that they prefer pitch decks generated by GPT-4 AI over ones created by humans. Yikes.

Let’s get to it. Here’s what’s on the menu today:

📰 News: AI's GPT-4 Generates Investment Pitches That Beat Humans by a Factor of 3

⚡ 3 AI tools to supercharge your productivity

🖥️ AI Tutorial of the Day: How To Chat With Your PDF Using ChatGPT

🗞️ News: AI's GPT-4 Generates Investment Pitches That Beat Humans by a Factor of 3

Talk about a robotic takeover - it's happening on Wall Street. And no, this isn't some B-movie plot.

In a world where getting investors to part with their hard-earned cash is a Herculean task, ChatGPT-4 has become the next Wall Street wunderkind.

According to Clarify Capital, when investors and business owners played a blind test between human and AI-crafted pitches, the AI decks came out on top - and it wasn't even close. We're talking the Warriors' 73-win season kind of dominance.

The robo-rhetoric was three times more likely to sway investors. Yes, three times. This isn't just about saving the time of preparing the pitch deck; it's also about scoring a slam dunk with the investors.

And here's the real kicker: the human-generated pitches weren't just your run-of-the-mill PowerPoints. These were pitches that had worked in the past, that had brought in the big bucks. Yet, they still fell short when up against GPT-4's algorithmic allure.

In terms of cold hard cash, 20% of these professionals declared they'd happily throw an extra 10 grand at an AI-generated pitch. That's enough to buy a used 2018 Camry... or a boatload of avocados.

This wasn't some niche study either. The pitches spanned a range of industries, from finance to marketing. No matter the field, the machine-made pitches crushed it.

So, while most entrepreneurs are out there rehearsing your presentation, trying to figure out whether to use 'impactful' or 'dynamic' in your elevator pitch, GPT-4 is out there securing funding.

💡Take Away: If you work with investors in your accounting practice consider leveraging GPT-4 to help clients with their pitch deck or business plans as an additional revenue stream. You can learn more about how in our new ChatGPT Playbook for Accountants.

🔥 3 AI Tools to Supercharge Your Productivity

  • JobScan: Get your resume past the gatekeeper and land an interview at any accounting firm using AI (link)

  • Receiptor AI: Extract receipts and invoices from emails with AI (link)

  • ReviewWriter: Respond to your online reviews automatically with AI (link)

🖥️ AI Tutorial of the Day: How To Chat With Your PDF Using ChatGPT

It’s one thing to talk to yourself—but come on…with a PDF?

That’s exactly what I did yesterday morning and was thrilled that it spoke back to me.

This is how you can use ChatGPT to ask questions to any PDF without needing to read the entire document.

In this example I ask questions about the Inflation Reduction Act and Secure 2.0 Act to find new ways to help my clients.

Give it a shot, perhaps this will help you uncover new revenue streams for your firm.

Here’ the video on how I did it step-by-step:

Here is the direct ChatGPT link that you can literally copy/paste your own info and create to talk to your own PDFs.

It will automatically grab the correct plugin for you too. 💪

(Note: You must have a ChatGPT Plus subscription as this does not work with the free edition):

👋 See You Tomorrow

That’s it for today folks!

In the meantime, if you want live updates, join over 95,000 other accountants, tax pros and entrepreneurs who follow me across YouTube, Twitter, and LinkedIn.

🧞‍♂️ Your wish is my command

Thanks for reading! When you signed up for this newsletter, my promise to you was to act as your personal assistant and help entrepreneurial accountants like you understand what's happening in the world of AI.

What did you think of today's newsletter? Reply to this email and let me know what you'd like to see more of.

Until next time!

Marc

PS. if you want to sign up for the In Front of AI newsletter or share it with a friend, you can find us here.

Invite Friends, Get Free Stuff
Copy & share your referral link to invite others to join my newsletter. Unlock cool stuff when you do:

1 referral: Unlock Video: How I Trained ChatGPT to Do My Taxes [In-Depth Video]

5 referrals: The ChatGPT Cheat Sheet for Accountants [40-page Mini-Book]