April, 2023 - CDP Institute

Dates : April 2023

ChatGPT has been criticized for exposing information provided in user prompts, including some that’s confidential. They’ve just added a feature that lets users stop this from happening by blocking the system from using chat history to train itself. Another new feature lets users export and review data that ChatGPT has stored about their interactions.

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If you think ChatGPT will have a big impact in the future, you’re wrong: it’s already happened. Sixty percent of respondents to this survey from education website Intelligent reported they know someone who has lost their job to AI, and 57% fear losing their own job. Ten percent have completed a ChatGPT course and 30% plan to take one before the year is out.

CDPI Newsletter

It’s hard to believe ChatGPT could be having so big an impact so quickly. But this research from OpenAI itself concludes that 80% of the U.S. workforce will have at least 10% of their work tasks affected by generative AI, and 19% will see 50% or more of their tasks affected. Even closer to home, Beantown Media Ventures found 29% of content marketers think AI will replace all writers in the next five years and another 40% think it will replace junior writers.

CDPI Newsletter

Airship has just released the “world’s first no-code native app experience editor”. Exactly how this differs from other no-code experience editors is not clear but, judging by the press release, the folks at Airship are super-excited about it. Apparently, marketers and product owners now have so much power that sparks fly from their fingertips.

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Dust off that Walkman and pop in a Bee Gees cassette: Firstlogic, whose tech was cutting edge when disco was king, is replacing its venerable Match/Consolidate software with Match IQ, which they promise “goes well beyond the typical ‘merge/purge’ operation.” That’s a term I haven’t heard since my last trip to Danceteria.

CDPI Newsletter

If your musical reference point is closer to the Andrews Sisters, you may be nostalgic for the days when A.C. Nielsen’s radio and TV ratings were the Next Big Thing. Nielsen is still around, of course, and their 2023 Annual Marketing Report contains interesting data on channel spend and effectiveness. The headline that caught my eye was “Investment in martech is declining”, which is a bit misleading: planned spend is down at 24% of companies but up at 56%.

CDPI Newsletter

Close to two in five (38%) of TikTok users in Singapore think that the government shouldn’t regulate how social media companies operate, whereas 17% think the government should do so.

CDPI Emerging Markets

Southeast Asia’s (SEA) private equity (PE) market deal value fell 52% in 2022 compared to the previous year, with deal count also declining 15 percent year-on-year. Activity in the region was strong through the first half 2022 (matching 2021 activity levels), before falling in the second half of the year.

CDPI Emerging Markets

In the midst of this shortage of capital for startups,this week the proptech unicorn Habi announced that it received US$100 million from Victory Park Capital. Bogota-based Instaleap raised a US$5 million Series A, they offer software as a service (SaaS) to supermarkets and pharmacies to help them sell online. Kala, a Colombian startup that helps turn any credit company into a fintech, announced that it raised US$6 million in equity in its first 12 months of operations.

CDPI Emerging Markets

Clara, the Mexican corporate expense management unicorn in Latin America, today announced the closing of a US$60 million investment round. The capital received will be used to boost the technological development of the digital payments and expense management platform, in addition to consolidating its market leadership in the region. Today the startup reports that it works with around 10,000 companies in Latin America, which use Clara’s suite of products to automate and simplify their daily operations.

CDPI Emerging Markets

Smile Identity, a KYC compliance and ID verification partner for many African fintechs and businesses, has acquired Inclusive Innovations, the parent company of Appruve, a Ghanaian developer of identity verification software. This strategic acquisition will expand Smile Identity’s footprint across Africa and solidify its position as the continent’s leading identity verification and digital KYC provider.

CDPI Emerging Markets

Nigerian startup Peppa is making it safer to shop online in Africa, with a focus on social buying and selling, via a payment protection scheme that means buyers are protected from fraud and sellers are protected from losses that come from cancelled orders. Founded in September 2021, though conceived of much earlier, Peppa allows users to safely and seamlessly make payments for purchases on social commerce platforms.

CDPI Emerging Markets