I Paid for Chat GPT-4 So You Don't Have To.

Profit Your Knowledge
20 Dec 202315:15

TLDRThe video transcript explores the value of subscribing to Chat GPT-4, comparing it to the free version, Chat GPT 3.5. The host pays for Chat GPT-4 and conducts a side-by-side test with various prompts related to SEO, content marketing, product creation, customer service, and sales. The paid version, Chat GPT-4, is noted for its advanced features like image and PDF attachment capabilities, and is observed to produce more thoughtful and higher quality responses, albeit at a slower pace. Chat GPT 3.5, on the other hand, is praised for its speed and sometimes better response quality. The host concludes that while both versions have their merits, investing in Chat GPT-4 could be worthwhile for those looking to leverage AI for content creation and business growth, justifying the additional $20 monthly cost.

Takeaways

  • πŸ’² The author questions if the $20 monthly subscription for Chat GPT-4 is worth it compared to the free version.
  • πŸ” A side-by-side test is conducted to compare the outputs of Chat GPT-4 and the free version across various tasks.
  • πŸ“ˆ Chat GPT-4 has an added feature of DALL-E, an image creation service, which is not available in the free version.
  • ⏱️ Chat GPT-3.5, the free version, is significantly faster in generating responses compared to the paid version.
  • πŸ“ The free version allows switching between different tasks, while Chat GPT-4 provides more detailed and thoughtful responses.
  • πŸ“š The paid version can process PDFs and convert summaries into bullet points, a feature not available in the free version.
  • πŸ“ˆ In SEO-related tasks, the free version produced better and faster longtail keyword suggestions.
  • πŸ“§ For content creation, such as newsletter writing, the free version was faster, but the paid version provided a more personalized and engaging response.
  • πŸ“‰ The paid version, Chat GPT-4, outperformed the free version in creating a detailed product outline for an online course.
  • πŸ’‘ Both versions can be useful; the free version for quick ideas and the paid version for refining and improving content quality.
  • 🎯 The author concludes that for serious users looking to leverage AI for content creation, the investment in Chat GPT-4 could be worthwhile.

Q & A

  • What is the primary question the author is trying to answer in the transcript?

    -The author is trying to answer whether it is worth paying $20 per month for the upgraded Chat GPT 4, or if the free version is sufficient for various tasks like SEO, content marketing, product creation, customer service, and sales.

  • What is the main difference between Chat GPT 3.5 and Chat GPT 4 mentioned in the transcript?

    -Chat GPT 4 is installed with DALL-E, an image creation service, and is limited to 40 messages in 3 hours. Chat GPT 3.5 is suitable for everyday tasks and allows switching between versions.

  • How does the author summarize the document from the PDF provided?

    -The author uses the paid version of Chat GPT to read the PDF and quickly provides a summary, then suggests turning the summary into bullet points, which is not a feature available in the free version.

  • What was the author's opinion on the quality of longtail queries produced by Chat GPT 3.5 and Chat GPT 4?

    -The author felt that the free version (Chat GPT 3.5) produced better longtail queries for SEO purposes and was significantly faster than the paid version (Chat GPT 4).

  • How did the author find the responses from Chat GPT 3.5 and Chat GPT 4 for creating a weekly newsletter?

    -The author was impressed with the response from Chat GPT 3.5, which seemed more like an actual newsletter with a proper introduction and sign-off. Chat GPT 4's response was more detailed but lacked the newsletter format.

  • What guide did the author mention for content creation?

    -The author mentioned a guide for creating content ideas, especially when feeling stuck. This guide was initially for personal use, then shared with clients, and eventually turned into a free resource available at profityourknowledge.com.

  • In the sales context, which version of Chat GPT do you think the author found more effective and why?

    -The author found Chat GPT 4 more effective in the sales context because it provided a more enticing and personalized response that sounded more like an actual person, despite Chat GPT 3.5 being faster.

  • What was the author's final verdict on whether Chat GPT 4 is worth the extra $20 per month?

    -The author concluded that it might be worth paying the extra $20 per month for Chat GPT 4, especially for those serious about harnessing the power of AI for content creation and refinement, despite the free version being faster.

  • What feature of Chat GPT 4 allows users to enhance their content creation process?

    -Chat GPT 4's ability to think more deeply and produce higher quality results can help users refine their content ideas more effectively, making it a valuable tool for content creation.

  • How does the author suggest using both Chat GPT 3.5 and Chat GPT 4 simultaneously?

    -The author suggests generating a fast baseline in Chat GPT 3.5 and then refining it in Chat GPT 4 to turn it into something better, using both versions to optimize the content creation process.

  • What is the author's recommendation for individuals who are interested in using Chat GPT for their business?

    -The author recommends investing in Chat GPT 4 for $20 a month, as it can help in generating content ideas with less manual effort and can be a valuable addition to a business's tech stack.

Outlines

00:00

πŸ€– Comparing Chat GPT 4 and 3.5: Subscription Worthiness

The speaker discusses whether it's worth subscribing to Chat GPT 4 for $20 per month by comparing it with the free version, Chat GPT 3.5. They explore the differences, such as the integration of the DALL-E image creation service in Chat GPT 4, and the ability to handle PDFs. The speaker also runs through various prompts to test the capabilities of both versions in areas like SEO, content marketing, and customer service. They note that while Chat GPT 3.5 is faster, Chat GPT 4 provides more thoughtful and potentially higher quality responses.

05:00

πŸ“ˆ Speed vs. Quality: Chat GPT 3.5 and 4 in Content Creation

The speaker evaluates the performance of Chat GPT 3.5 and 4 in content creation. They note that Chat GPT 3.5 is significantly faster but Chat GPT 4 provides better-formatted and more personalized responses. The speaker is particularly impressed with the newsletter and content idea generation capabilities of Chat GPT 4, despite the free version's speed. They suggest that the paid version might be more beneficial for serious content creators due to its depth and quality.

10:01

πŸ’¬ Sales and Productivity: Chat GPT 3.5 vs. 4 in Customer Engagement

The speaker tests Chat GPT 3.5 and 4 in generating a follow-up email to a lead and creating an outline for an online course. They find that while Chat GPT 3.5 is quicker, Chat GPT 4 provides more in-depth and engaging responses. The paid version's output is more personable and includes additional elements like bonus materials, which could be valuable for product creation. The speaker concludes that the extra $20 per month for Chat GPT 4 could be a worthwhile investment for those looking to leverage AI for content and product development.

15:02

πŸ“š Final Thoughts on Chat GPT Subscription

The speaker concludes the tutorial by sharing their decision to continue using Chat GPT 4 due to its advanced capabilities and the potential it offers for content creation and business growth. They encourage viewers to share their thoughts and provide feedback on the comparison between the free and paid versions of Chat GPT. The speaker emphasizes the value of the subscription for those serious about utilizing AI to enhance their productivity and content quality.

Mindmap

Keywords

Chat GPT-4

Chat GPT-4 refers to an upgraded version of an AI chatbot, presumably with enhanced capabilities over its predecessor. In the video, the creator is testing whether the paid version of Chat GPT-4 offers significant advantages over the free version, Chat GPT 3.5, in various tasks such as SEO, content creation, and customer service.

Subscription

A subscription is a payment model where users pay a recurring fee to access a service or product. The video discusses the value of subscribing to Chat GPT-4 for $20 per month and compares it with the free version.

SEO

SEO stands for Search Engine Optimization, which is the process of improving a website's visibility on search engines. The video includes a test to see how well Chat GPT-4 can generate longtail SEO keywords related to a specific topic compared to the free version.

Content Marketing

Content marketing is a strategy that involves creating and distributing valuable, relevant, and consistent content to attract and engage a clearly defined audience. The video explores how Chat GPT-4 can assist in content creation for marketing purposes.

Product Creation

Product creation involves the process of designing, developing, and launching a new product. The video includes an example where Chat GPT-4 is used to outline an online course, demonstrating its utility in product development.

Customer Service

Customer service refers to the provision of service to customers before, during, and after a purchase. In the context of the video, the creator evaluates how well Chat GPT-4 can handle customer service tasks, such as writing follow-up emails to leads.

Sales

Sales is the process of selling goods or services to customers. The video script includes a prompt where Chat GPT-4 is tasked with creating a sales-oriented email, showcasing its potential in sales support.

Longtail Queries

Longtail queries are more specific and longer search phrases that users enter into search engines. They are often less competitive and can be more targeted. The video tests the ability of Chat GPT-4 to generate longtail queries for SEO purposes.

PDF

PDF stands for Portable Document Format, a file format used to present documents in a manner independent of application software, hardware, and operating systems. The video demonstrates Chat GPT-4's ability to read and summarize content from a PDF file.

Image Creation Service

An image creation service refers to a tool or platform that enables users to generate images, often from text descriptions. The video mentions DALL-E, an image creation service integrated with Chat GPT-4, which can produce realistic images based on text prompts.

Personal Web Page

A personal web page is a website that serves as an individual's online presence, often used for personal branding, portfolio展瀺, or sharing personal information. The video script mentions creating a personal web page as one of the tasks that Chat GPT can assist with.

Online Business

An online business is a business that operates primarily on the internet, selling goods or services to consumers. The video discusses the use of Chat GPT-4 in creating content and strategies for growing an online business.

Highlights

The author paid for Chat GPT-4 to compare its capabilities with the free version and determine if the subscription is worth it.

Chat GPT 4 has an integrated image creation service called DOLL-E, which is limited to 40 messages in 3 hours.

Chat GPT 3.5 is suitable for everyday tasks and allows switching between versions.

Chat GPT 4 offers additional options and the ability to attach images or PDFs for analysis.

Chat GPT 4 can summarize PDF documents and convert them into bullet points.

In SEO prompts, Chat GPT 3.5 was faster but produced better quality responses than Chat GPT 4.

Chat GPT 3.5 generated a more newsletter-like response compared to Chat GPT 4 for a weekly newsletter prompt.

Chat GPT 4 provided a more detailed and personalized follow-up email for a lead compared to Chat GPT 3.5.

Chat GPT 4 created a more comprehensive product outline for an online course, including bonus materials.

The author suggests using Chat GPT 3.5 for quick ideas and Chat GPT 4 for refining those ideas into higher quality content.

Chat GPT 4's responses indicate more in-depth thinking and potentially higher quality results.

The author decides to continue using Chat GPT 4 for its advanced capabilities and AI intelligence.

The monthly subscription of $20 for Chat GPT 4 is considered a worthwhile investment for its advanced features.

The author encourages viewers to share their thoughts on the comparison between Chat GPT 3.5 and 4 in the comments.

Chat GPT 4's ability to analyze and summarize PDFs is highlighted as a unique feature not available in the free version.

The author finds Chat GPT 4's output to be more engaging and personalized, resembling a real person's writing style.

The author concludes that both versions of Chat GPT have their pros and cons, and the choice depends on the user's needs.

Chat GPT 3.5 is noted for its speed in generating responses, which can be an advantage for quick content creation.