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  • Artificial Intelligence, ChatGPT & Technology Impacting The World Today

    Executive Coach, Certified Organizational Development Coach, Certified Life Coach, and Certified Positive Intelligence Such technology includes: artificial intelligence and machine learning, quantum computing, renewable

  • Precision in Prompting: The Key to AI's Potential

    of prompting is not just about getting answers; it's about engaging with AI to generate meaningful, intelligent

  • A Call to Mastery: Knowing Generative AI's Strengths and Weaknesses

    As artificial intelligence continues to expand, it is vital for executive coaches and business leaders

  • Google Bard Elevates Business Efficiency for the Modern Executive

    To demonstrate its capabilities, we simulated an email request for an insightful article on Artificial Intelligence, specifically asking the recipient to suggest three topics for our review before commencing

  • How ChatGPT Can Save You 15+ Hours Each Week

    In recent years, artificial intelligence (AI) has emerged as a game-changer in this quest for efficiency

  • Unlocking Excellence: 7 Game-Changing Plugins for ChatGPT

    for it" plugin is a cutting-edge addition to the executive coaching toolkit that brings the power of artificial intelligence to the forefront of coaching practices. Click here to embark on a journey into the realm of artificial intelligence.

  • Generative AI, the Next Great Equalizer

    Previously, education was considered the “great equalizer of the conditions of men” (Duncan, 2023). However, recent research from BCG has indicated that generative AI could be considered the next great equalizer among novices and experts in the workplace (Candelon et al., 2023). Below we examine the research supporting this conclusion and its implications for the modern business. The great equalizer In a research study examining the effects of generative AI on both creativity and complex problem-solving tasks, researchers concluded that in a creativity/innovation-based task, “nearly all participants (around 90%) irrespective of their baseline proficiency produced higher-quality results when using GPT-4 for the creative product innovation task.” Additionally, they found that those with lower “baseline proficiency” levels performed at similar levels to “those with higher baseline proficiencies” when using ChatGPT-4. This ultimately led to participants using ChatGPT-4 to have reduced performance variances between participants. The researchers state that “a much higher share of our participants performed at or very close to the average level” when using ChatGPT (Candelon et al., 2023). Implications for business Due to the equalizing effect that ChatGPT-4 has between novice and experienced participants alike on creative tasks, raw talent might now be less predictive of success with creative tasks. This implies that when hiring for creative roles, managers might consider being a skilled user of ChatGPT-4 and/or other generative AI as more important than direct experience or expertise. Furthermore, this access to increased performance can benefit smaller corporations with less budget and less access to experienced new hires who often request higher salaries. Therefore, transitioning to an AI-skills-focused hiring strategy for creative positions might be the next trend in hiring. This also has implications for training programs. Businesses might incorporate AI-skills training into their new-hire onboarding. Likewise, they could incorporate AI-skills training into their staff management (Candelon et al., 2023). Potential downsides The equalizing effect of ChatGPT-4 has a few downsides that should be taken into consideration. First, because novice creatives are propelled to expert performance levels with the use of ChatGPT-4, individuals could experience a reduced incentive to develop expertise. Additionally, 70% of research participants expect that an overreliance on ChatGPT-4 in creative tasks could reduce the creative abilities of staff. Lastly, while individual performance is improved, “collective creativity” or the overall creativity of the group is largely reduced. Researchers stated that ChatGPT-4 responds “with very similar meaning time and again to the same sorts of prompts” and performance was “individually better but collectively repetitive” (Candelon et al., 2023). Their study indicated that when using ChatGPT-4 as a group, collective creativity and diversity of ideas were reduced by 41%. This is potentially hazardous when considering the impact between organizations or firms. If two or more firms are addressing the same challenges and all using ChatGPT-4, they will likely produce similar solutions, products, and services based on the repetitive nature of ChatGPT (Candelon et al., 2023). Key takeaways Generative AI might be the next great equalizer in the workforce and, business leaders and executive coaches alike need to understand the benefits and consequences of this. By addressing the impact that AI can have on talent search, firms with smaller budgets can expand their new-hire’s capabilities and performance. Firms can also integrate AI-skills training into their management to expand current employee performance on creative tasks. However, business leaders should take care to mitigate the downsides such as a loss of collective creativity to use AI most effectively. Read the original research article here. References Duncan, A. (2023, August 28). Education: The ‘Great Equalizer’ | Essay by Arne Duncan. Encyclopedia Britannica. https://www.britannica.com/topic/Education-The-Great-Equalizer-2119678 Candelon, F., Krayer, L., Rajendran, S., & Martínez, D. Z. (2023). How People Can Create—and Destroy—Value with Generative AI. BCG Global. https://www.bcg.com/publications/2023/how-people-create-and-destroy-value-with-gen-ai Copyright © 2023 by Arete Coach LLC. All rights reserved.

  • Bing Chat’s Pioneering Integration with Chat GPT Unveils a New Horizon in Real-Time Online Research

    Bing is making waves in the search engine space by introducing a notable feature: integration with Chat GPT. This allows users to explore a wide array of information from post-2021 without the need to fuss over plugin functionality, presenting a subtle challenge to Google by launching a feature they have not fully implemented yet. In this piece, we'll explore how to use Bing’s new search tool, discuss its various applications, and understand why it's gaining popularity so quickly. Bing's integration not only simplifies the user experience but also enhances it, providing a smooth route for knowledge exploration in our digital world. Navigating Bing's new chat feature with ease When you visit Bing.com, you'll notice a familiar setup with a new feature: a “Chat” option at the top of the page. This lets you start your search either the usual way, in the search box, or by clicking the “Chat” button, giving you the freedom to search how you prefer and switch between methods as you go. If you’re new to Bing, you’ll have a few chats before being asked to log in. Don’t worry if you don’t have a Microsoft account - you can quickly set one up with your preferred email address and then get right back to your search. One thing to keep in mind: you can use up to 5 prompts in a single chat. After that, you’ll need to clear the chat to keep searching. This new feature offers a blend of traditional and chat-based search to make finding what you need even easier. Revolutionizing real-time research Bing Chat, empowered by GPT-4—the latest and most advanced language model from ChatGPT—delivers responses that are strikingly human-like. The intriguing aspect of ChatGPT's integration into search results lies in its ability to facilitate real-time research based on the most current information published by online publications. Take, for instance, posing the question, “What are the top 5 things I should know about today’s economy?” Bing provides a response, offering clickable items (refer to #1 below) that directs you straight to the source for further reading. Enhancing the user experience, the platform explicitly indicates where the updates have been sourced from (see #2 below). Moreover, if you wish to explore further and are unsure how to proceed, conveniently placed prompts are available for immediate deeper exploration (refer to #3 below). Exploring Bing Chat’s Capabilities Bing Chat introduces users to a suite of new capabilities, offering a distinct experience that sets it apart from the conventional Bing Search and ChatGPT. Below are three immediately noticeable differences. Continue reading for additional capabilities Bing Chat offers users. Bing Chat provides access to web results and real-time information. Bing Chat operates without an account, allowing up to five prompts. Bing Chat grants free access to the advanced GPT-4. Interaction styles Bing Chat empowers users with the flexibility to select their preferred conversation style, thereby eliminating the necessity for lengthy, detailed prompts. To evaluate the efficacy of the “conversation style” feature, we posed a question to Bing Chat: “How might you recommend I grow my executive coaching business?” Below, we explore the results yielded by the three available conversational styles. Creative conversational style Results are expanded, detailed, and provide color commentary. Balanced conversational style Results are consolidated and include links to credible sources with actionable insights. Precise conversational style Results are strategic, actionable, and business-oriented. Upload images to Bing Chat Bing Chat offers the capability to upload images and inquire about them directly. In an experiment, we uploaded an unlabelled diagram and posed the question, “What model is this depicting?” The platform promptly identified the model as the Big Five Personality Traits model; the results of which can be viewed below. Bing Search's image search functionality offers a versatile array of applications, including the ability to identify objects or landmarks, locate higher resolution or visually similar images, and trace the original source of a picture. Additionally, it proves useful for shopping by identifying purchasable products seen in images, and serves as a valuable learning tool, for instance, aiding in identifying various bird species for study purposes. Generate images Bing Chat introduces the capability to instantaneously generate images, providing a seamless and expedient user experience right within your browser. While it may not yet mirror the professional and sophisticated offerings of tools like MidJourney, the sheer convenience of crafting an image in mere seconds without the need to navigate to a separate platform presents a valuable proposition, especially for those new to AI. To utilize this feature, simply inform Bing Chat of your desire to create an image, and watch as it is generated promptly on the spot. Five unique applications of Bing Chat Leveraging the real-time search and information retrieval capabilities, we delve deeper into exploring Bing Chat, spotlighting five distinctive ways in which it can be utilized—opportunities that were previously inaccessible when using Chat GPT in isolation. Bing Chat not only enhances the user experience by providing instant access to a wealth of information but also opens up new avenues for exploration and discovery, thereby enriching the interactive journey of users who seek more than just answers. Continue reading to navigate these five unique applications, each demonstrating Bing Chat’s prowess in delivering a more comprehensive and interactive user experience. “Can you create a table that…” Using a query like “Can you create a table that…” in Bing Chat lets you quickly build data sets with real-time online information. For example, if you’re exploring continuing education opportunities and ask Bing Chat to list the top executive coaching programs in a table with specific columns, you get results in just minutes—a task that could take an hour otherwise. This is impactful because it not only saves a lot of time but also ensures you’re using the most up-to-date information available, making your research or decision-making process both efficient and reliable. It's a handy tool for anyone looking to streamline their research and get quick, accurate data. “Can you aggregate the top [topic] news of today…” Requesting the top news of the day on specific topics offers pivotal advantages for business leaders, including staying abreast of industry developments and trends, gaining a competitive edge through understanding market dynamics and competitor actions, aiding strategic planning with fresh insights, managing risks by identifying potential challenges early, and spurring innovation and growth by spotting emerging trends and technologies. In essence, accessing daily news summaries equips leaders with crucial information, enhancing decision-making, strategy formulation, and innovative endeavors. “What are the latest market trends in [industry]?” Using Bing Chat to ask “What are the latest market trends in [industry]?” gives business leaders quick and current insights, helping them make smart, timely decisions and stay competitive. This easy access to the newest market trends helps with planning strategies, aligning marketing efforts, and sparking innovative ideas while also helping to spot and manage potential risks early. The option to compare trends year over year also helps leaders see how stable trends are and predict where they might go in the future, aiding in future planning, resource allocation, and keeping offerings in line with what customers want, all while keeping an eye on the global market. “What are the latest regulatory changes affecting [industry]?” Utilizing Bing Chat to inquire “What are the latest regulatory changes affecting [industry]?” proves to be impactful by providing instantaneous updates, ensuring businesses stay compliant and navigate away from potential legal hurdles. This immediate insight facilitates proactive strategic planning, allowing businesses to swiftly align with new regulations, thereby enhancing operational efficiency and maintaining a smooth business trajectory. Moreover, it aids in safeguarding financial health by avoiding penalties and ensuring eligibility for any regulatory incentives. In a nutshell, leveraging Bing Chat for regulatory updates equips businesses to make informed decisions, manage risks effectively, and uphold a robust operational and strategic stance in the face of regulatory shifts. “What are the recent mergers and acquisitions in [industry]?” Inquiring Bing Chat about "What are the recent mergers and acquisitions in [industry]?" holds substantial impact, particularly in the fast-paced business environment where understanding the shifting landscapes is pivotal. This question enables businesses and investors to swiftly grasp the current dynamics and alterations within a specific industry, providing them with insights into potential market consolidations, emerging players, or any shifts in market leadership. Having this information at one's fingertips not only aids in making informed strategic decisions but also in identifying new opportunities or foreseeing potential threats, thereby enabling businesses to navigate through the industry with enhanced foresight and preparedness. Furthermore, it allows companies to stay agile, adapting to or even capitalizing on the changes in the market, ensuring they remain competitive and strategically aligned with the evolving industry trends and shifts. The main takeaway Bing Chat, with its integration of Chat GPT, has emerged as a potent tool, offering a myriad of functionalities that streamline and enhance the user's search and research experience. From enabling real-time information retrieval and facilitating in-depth research with its ability to generate tables and aggregate news, to providing insights into market trends, regulatory changes, and recent mergers and acquisitions, Bing Chat has proven to be a valuable asset for various users, including business leaders, researchers, and the general public. Its capabilities in providing swift, comprehensive, and up-to-date information not only save time but also ensure that decisions, whether they be business strategies or investment moves, are made based on the most current and relevant data available. In a world where information is paramount, Bing Chat stands out by providing a seamless, interactive, and enriched user experience, bridging the gap between query and knowledge in an efficient and user-friendly manner. Copyright © 2023 by Arete Coach LLC. All rights reserved.

  • Research Review: Evaluating the Effectiveness of AI vs. Human Coaching in Achieving Goals

    As the realm of artificial intelligence (AI) continues to expand into various domains, the question of experience the benefits of coaching through AI, their exposure could foster demand for more advanced and intelligent “Systemic eclectic”: Coaches that can “exhibit a sensitive, intelligent approach to the client situation While AI coaching's mechanistic execution of goal theory compensates for its lack of nuanced intelligence Comparing artificial intelligence and human coaching goal attainment efficacy.

  • The Ethical Conundrum: Responsible AI in Today's World

    In an era where artificial intelligence (AI) is reshaping the way we work, play, and live, a pivotal

  • Unleashing the Power of Visual AI: Your Comprehensive Guide to Success for the Non-Technical User

    In today's rapidly evolving business landscape, the rise of artificial intelligence (AI) cannot be overlooked “Artificial intelligence has revolutionized the art world by opening up, countless creative possibilities

  • Research Review: "The Usefulness of ChatGPT for Psychotherapists and Patients”

    A new article released by Humanities & Social Sciences Communications in 2024 titled, "The usefulness of ChatGPT for psychotherapists and patients," examines ChatGPT's potential in psychotherapy through three case studies. It explores ChatGPT's role in assisting psychotherapists, supporting patients in ongoing therapy, and aiding individuals without psychotherapy. The paper highlights ChatGPT's strengths in offering information, support, and empathy, while also noting its limitations, such as a bias towards certain therapeutic methods and lack of comprehensive psychotherapeutic understanding. The study suggests ChatGPT can be a useful complement in psychotherapy, especially for those without access to professional help, but it cannot replace human psychotherapists. The findings emphasize the need for careful application and further development of AI in mental health support. The three case studies The research question in this study is about ChatGPT's potential use in psychotherapy, either as a tool for patients and therapists or as a therapy substitute. It presents three case studies, analyzed using a modified psychotherapeutic approach combined with hermeneutics. Hermeneutics is the theory and methodology of interpretation, often used in understanding texts, symbols, and language. In this context, it means interpreting the interactions and statements made by AI (ChatGPT) in a psychotherapeutic setting. This approach likely modifies traditional psychotherapy techniques to incorporate an understanding and analysis of AI communication, considering AI's unique characteristics and how they impact therapy. The study doesn't rely on a single psychotherapy method but uses a pluralistic approach. It emphasizes practical relevance by using examples from the author's own practice and presents three diverse scenarios to show ChatGPT's wide application in psychotherapy. Assisting psychotherapists The author, a psychotherapist, used ChatGPT to assist a patient suffering from social phobia. ChatGPT provided diagnoses and treatment suggestions but with limitations. It missed mentioning a key treatment in logotherapy, only providing it when explicitly asked. This highlighted ChatGPT's bias towards certain psychotherapeutic approaches and its limited knowledge depth. The author notes the importance of tailored questions and psychotherapists' prior knowledge for effective use of ChatGPT. The paper suggests that while ChatGPT can offer insights, it lacks the diversity and depth of human psychotherapists and existing information sources. Supporting patients in ongoing therapy In this case study, a patient used ChatGPT for dream interpretation during a break in psychoanalytic therapy. ChatGPT offered interpretations from various psychological perspectives, but these were similar and lacked specific technical terms from each approach. The interpretations were not deep enough for professional use but could be beneficial for individuals with psychotherapy experience for personal reflection. The case highlights ChatGPT's utility in offering new perspectives but also its limitations in providing professional-level psychoanalytic interpretations. Helping individuals without psychotherapy In this case study, the author tested ChatGPT's capabilities by simulating a conversation as a person with mental illness. ChatGPT responded empathetically and offered practical self-care suggestions, emphasizing the importance of professional help. However, it showed a bias towards cognitive behavioral therapy (CBT) and lacked in-depth queries for critical information like personal history or symptoms. The study concludes that while ChatGPT can offer supportive interactions and create a safe space for users, it should not be seen as a standalone solution for psychotherapy. “ChatGPT can be a supportive tool, especially because it provides a safe framework and ‘empathy’, but it must not replace psychotherapy as a stand-alone tool until important adjustments have been made. I strongly agree with the persistent reminders that ChatGPT cannot replace a professional psychotherapist and that the user should consult one.” - Paolo Raile, author of "The usefulness of ChatGPT for psychotherapists and patients” ChatGPT’s role in psychoeducation The research suggests that ChatGPT provides general information about mental health issues and treatments, with a focus on cognitive-behavioral and mindfulness-based therapies. However, it notes limitations, such as brief responses that lack patient context and a bias towards certain therapeutic approaches. The text emphasizes that ChatGPT cannot fully replace human empathy or recognize nonverbal cues, crucial in therapy. ChatGPT can be seen as a valuable tool for psychotherapy, offering second opinions and accessible information, but it should not be viewed as a substitute for professional therapy. ChatGPT's role executive coaching Just as ChatGPT can provide supplementary information and perspectives in therapy, it could assist executive coaches by offering insights, additional viewpoints, or educational content. However, its limitations in fully understanding context, showing empathy, and tailoring responses to individual needs are critical in coaching, where personalized guidance and deep understanding of the coachee's challenges are essential. Coaches could use AI tools like ChatGPT as a resource, but they should not rely on them as a replacement for the nuanced, human-centric approach required in executive coaching. References Raile, P. (2024). The usefulness of ChatGPT for psychotherapists and patients. Humanities and Social Sciences Communications, 11(1). https://doi.org/10.1057/s41599-023-02567-0. Copyright © 2024 by Arete Coach LLC. All rights reserved.

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