Japriz Dose #1
Metaverse, AI, GenAI, MarTech, Business, Elon Musk, Adobe Firefly, Adobe Analytics
I hope this message finds you well and filled with enthusiasm as we embark on an exciting Journeying with Ambition, Purpose, Resilience, and Inspiring Zeal (JAPRIZ) together starting newsletter from 1st August’23 with an aim to build a community of like minded people and publish this letter every month.
I am happy to share monthly update in business, analytics, technology and other areas which sound important and I am thrilled to be working with each and every one of you to create insightful, engaging, and top-quality content for our readers.
Welcome to the August edition of our Japriz Newsletter! I hope you find this edition informative and inspiring. Let's dive in!
Spotlight
Launch of thread by Meta on 5th July 2023 and reaching 1 million in an hour brought the attention and digital world start comparing with the launch of Chatgpt and other online service providers. And the effect of thread’s launch is been reflected on the share price of Meta as well.
Here’s a breakdown of the approximate time taken to reach 1 million users for various online services
Threads by Meta took the crown which was held with ChatGpt till July-2023
Threads scores 100 million app signups in just five days of launch, but will it retain users?
Did you noticed that x.com start redirecting to twitter.com, try and comment your opinion on this decision of Elon Musk for rebranding.
MarTech & Digital Experience
As Google Universal Analytics was shut down on July 1, 2023 and you are looking alternative then the power Adobe Analytics makes is eligible to be considered with it’s evolving technology and benefits for businesses.
Adobe has announced in 2023 that they will deprecate the JWT authentication for all their APIs so time to move on to oAuth Server to Server
Adobe Product Analytics (APA) is GA now so user of Customer Journey Analytics can consider this for their next game plan.
With the release of iOS 17 Apple is introducing Link Tracking Protection (LTP) and it is going to give some hard time to Web Analytics tracking.
Metaverse
The metaverse is still in its early stages, but it has the potential to revolutionize the way we interact with the world. There are several challenges that need to be addressed before the metaverse can reach its full potential, but the future looks promising.
Metaverse platforms like Meta's Horizon Worlds and Microsoft's Mesh are gaining traction, with more and more businesses and individuals exploring their potential.
Artificial Intelligence
Hope by now you have tried Adobe Firefly, which was launched in March, initially focused on the generation of images and text effects. Now the good news is it expands globally and supports prompts in over 100 languages.
How can Apple leave this?
Get ready to embrace the revolutionary advancement in AI as Apple introduces its groundbreaking project, AppleGPT.
This new AI, set to be released in 2024, promises to redefine the way we interact with technology. Here's everything you need to know about this game-changing development.
Apple has been hard at work, crafting a unique framework named 'Ajax' for the development of LLM (Large Language Model). This innovative framework is set to elevate the capabilities of AI, enabling it to understand and respond to human language like never before. As a result, the upcoming Chatbot called AppleGPT is anticipated to be smarter, more intuitive, and more human-like.
Moreover, Apple has an ambitious plan to incorporate AppleGPT into its upcoming VR Headset, taking the immersive experience to a whole new level. Imagine having a conversational AI companion in virtual reality, enriching your interactions and making your VR adventures even more dynamic.
Leveraging its vast ecosystem, Apple has access to a staggering 2 billion active devices worldwide. The company intends to use this immense pool of data, including images, messages, emails, and more, for training its AI model. This data-driven approach ensures that AppleGPT will be equipped with a wealth of real-world knowledge, making it incredibly adept at understanding and assisting users.
Not only that, but the beloved virtual assistant Siri is about to receive some major upgrades. With the integration of AppleGPT, Siri will evolve into a much more powerful and sophisticated assistant, bringing unparalleled convenience and efficiency to your daily life.
So, dear iOS network, mark your calendars for 2024, as AppleGPT's arrival is poised to revolutionize the AI landscape. The future of AI is here, and it's bright, intuitive, and all set to reshape our interactions with technology in ways we never thought possible. Stay tuned for more updates and get ready to embrace the future of AI with AppleGPT!
Technology is excellent as long as it serves the betterment of society and the human race.
In a recent interview, Elon Musk once again issued a warning about the potential dangers posed by artificial intelligence. The billionaire expressed concern that advanced AI could pose a threat by either eradicating or limiting humanity's progress. He emphasized that AI is a "double-edged sword" akin to a mythical genie, with the power to both benefit and harm.
Interestingly, for fans of Terminator and Fast & Furious franchise, the interview might have evoked memories of iconic scenes from Terminator Genisys where Genisys is going to spy and control all digital/IoT assets and The Fate of the Furious car scene. The scene in which a confident woman utters the words "hack them all" causing the cars to move unpredictably, takes vehicular warfare to a whole new level, adding an extra layer of significance to the discussion about AI's potential impact on the world.
Investment & Spinoff
AMD to invest $400 million in India, its chief technology officer said at the Semicon India 2023 conference held in Gujarat.
May be advancement in technology or AI is the reason but Mcdonalds is creating a spinoff restaurant chain known as CosMac's.
The new announcement comes in as the chain steps up the pace of the new restaurant openings in the current year. Also, the company is focusing on the modification of the traditional restaurants to meet the worlds’ growing digital demands.
Book Review
"The Greatest Salesman in the World" by Og Mandino is a captivating self-help novel following Hafid, a poor camel boy's journey to become the greatest salesman. Through ten scrolls, he learns about forming good habits, the power of love, persistence, wisdom, and embracing change. The book emphasizes the value of living in the present, using time wisely, and conquering fears. It offers timeless lessons applicable to personal and professional growth, promoting a life of purpose, love, and success. Mandino's simple yet profound storytelling and emphasis on empathy and giving back make this book an inspiring guide to self-discovery and transformation, leaving a lasting impact.
"The Greatest Salesman in the World" is not just a story about salesmanship but also a guide to living a fulfilling life full of purpose, love, and success. The scrolls provide timeless principles applicable to anyone striving for greatness in any aspect of life.
Case Studies
When it comes to understanding WWE's business model, I was truly curious, and to my surprise, they generated revenue upwards of 1,215.66 million in the last year. Interestingly, a significant 85% of this revenue came from media rights and licenses. Another 9% was derived from merchandise sales, including video games and apparel. Surprisingly, only about 4% of their earnings came from ticket sales at actual events, where an average person pays about 75 USD to attend. This revelation indicates that the event itself is more of a content production cost, which essentially pays for itself and significantly contributes to the overall revenue.
Looking at the financials, WWE managed to rake in a profit of more than 20% last year, which is certainly impressive. The company's list of investors includes renowned names like Lindsell Train Ltd, The Vanguard Group, Inc., BlackRock Fund Advisors, to name just a few. It is listed on NYSE.
Now, onto the fascinating compensation aspect for the wrestlers themselves. On average, a wrestler earns around 500000.00 USD annually through their contracts, making it a potentially lucrative profession.
In conclusion, WWE's business model is a captivating mix of media, merchandise, and events, each contributing to its financial success in distinct ways. With such diverse revenue streams and the ability to retain top talents like Brock Lesnar, Gunther, Anuka & Tiffany Stratton it's no wonder that WWE continues to be a dominant force in the world of entertainment and sports.
Upcoming Event
Cricket fans be ready as BCCI is likely to start the online sale of tickets for the ICC world cup from 10th August.
Upgrade
Global training program sees rapid increase in certifications as popularity of Oracle Cloud grows so Oracle Offers Free Training and Certification Program as Demand for Cloud and AI Accelerates. Free certifications will be available exclusively from Oracle University until August 31, 2023. Digital training for OCI will be available for free continuously. More Details»>
Adobe is offering free renewal of certification, also offers various resources and tools to help you renew your certification, in case your is expired this grab this opportunity. More Details»>
That’s all for this month. Will back in your inbox next month.
Thanks for reading!