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Nikonomics - The Economics of Small Business
Welcome to Nikonomics—the show for entrepreneurs and Wantrapreneurs, ready to tackle the toughest roadblocks to their first million.
Nik brings firsthand experience, having bought and sold over a dozen businesses, achieved multiple 7-figure exits, and generated over $100 million in revenue.
Each week, he blends humor with real insights from successful entrepreneurs, sharing growth strategies, deal insights, and unique business ideas you won’t find elsewhere.
Ready to turn your entrepreneurial dreams into reality? Hit play and let’s get to work.
Follow me on Twitter here: https://twitter.com/CoFoundersNik or @CoFoundersNik
Nikonomics - The Economics of Small Business
162 - AI SERIES: 10 - Understanding the Nuances of Advanced Language Models with Richard Marmorstein
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Join me, Nik (https://x.com/CoFoundersNik), as I interview Richard Marmorstein (https://x.com/twitchard). In this episode, Richard shares some fascinating ways he's leveraging AI in both his personal life, like creating a custom storybook using Google AI Studio for his son, and professionally, showcasing the expressive text-to-speech capabilities of Hume AI.
We also dive into practical business applications of AI voice technology and explore the crucial differences between general language models and reasoning models like those from OpenAI.
Plus, Richard gives us a peek into how he uses AI tools like Claude and ChatGPT to enhance his workflow as a software developer.
Questions This Episode Answers:
What is an MCP and how does it enable tool use with language models?
What makes Hume AI's text-to-speech model different and what are its key use cases beyond creative content?
What's the difference between using a general model like ChatGPT 4.0 and a reasoning model?
How can AI assist with coding tasks and serve as a pair programmer?
What are some unconventional ways to repurpose existing content, like turning a blog into a podcast using AI?
Enjoy the conversation!
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This week we covered:
00:00 Revolutionizing Conversational AI and TTS
04:20 Exploring Google's AI Studio and Image Generation
11:32 Innovations in Text-to-Speech Technology
15:47 Practical Applications of AI in Content Creation
20:59 Understanding AI Models and Their Use Cases