FEATURE

Remember the caveats from last week regarding ChatGPT, including it isn’t 100% correct all the time.  And don’t depend on it to dispense legal and professional advice.

ChatGPT can help you write a business plan.

You can refine ChatGPT’s original output by giving it follow-up commands or asking follow-up questions.

ChatGPT can compose scripts for videos, draft procedure documents, and just about anything else you can imagine.  But you always need to review them for accuracy and real-world viability.

ChatGPT can summarize articles and web pages.

ChatGPT can answer questions too.  One of the most handy is application-specific questions for a unique set of circumstances.

For your more technical staff, ChatGPT can help them write HTML for building web sites, and code in computer languages to build and debug applications.

One of the best ways you can take advantage ChatGPT’s power is to turn your team lose on it.

Train your staff now to get comfortable with AI tools like ChatGPT.

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NEWS ROUNDUP

1
A record number of small businesses – 47% – reported having job vacancies they could not fill in February.
https://www.nfib.com/content/press-release/economy/nfib-jobs-report-small-businesses-report-record-high-levels-of-job-openings/

The economy added 311,000 jobs, which was above experts’ predictions.  But many of those were in lower paying sectors.
https://www.bls.gov/news.release/pdf/empsit.pdf

February Consumer Price Index was released today, and is up 6% from a year ago.
https://www.bls.gov/news.release/cpi.nr0.htm

2
Small businesses remain concerned about a possible recession and are taking a tight-fisted approach with their cash.
https://www.vistage.com/research-center/business-financials/economic-trends/20230307-small-businesses-cautious-wsj-survey/

3
The Small Business Administration has announced National Small Business Week will take place this year from April 30 to May 6.
https://www.sba.gov/article/2023/mar/06/sba-administrator-guzman-announces-national-small-business-week-2023

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