LEAD STORY:

The Ghostly Profits of Haunted Houses 🎃

Totally non-AI related, BUT, it is Halloween, right? So why not? We promise it’s interesting.

Synopsis: This story unveils the spooky world of haunted house entrepreneurship. Despite the hurdles and hefty expenses, owners like Ian Miller and Randy Bates have turned their love for fright into a thriving, albeit seasonal, business. Their journey shows the blend of passion, risk, and creativity required to keep the scares coming and the cash flowing.

Insights: From small spooky spots to big scary sites, haunted houses like "The Slaughterhouse" and "Bates Motel" show business can be fun, yet frightful.

Now, the haunted house business is catching eyes:

• Haunted houses have grown, with around 1.2k charging for scares, and the trend is rising since the '90s.

• Starting a haunted house is hard with many challenges like finding the right place and managing money.

• The business can earn up to $500m yearly, but making money only during Halloween season is tricky.

• Halloween expenditure has skyrocketed from $2.5B in 1996 to $12.2B, with haunted attractions trailing this trend.

This shows a world where loving scares can also mean facing scary business challenges...

Haunted houses mix fun with fear and business. Behind each scare is a story of hard work, taking risks, and a strong will to keep going, even when things get tough.

In the quiet dark, haunted houses stand tall, showing the brave side of business against scary odds.

SPOTLIGHT:

UK's Meetup on AI Safety: A Step Towards Smarter Tech

Synopsis: : The UK is holding a big meeting called the "AI Safety Summit" to talk about the risks of AI. It's a mix of government folks, business leaders, and smart thinkers coming together at Bletchley Park.

AI Safety Takes Center Stage:

The UK is stepping into the limelight, hosting the "AI Safety Summit" at the historic Bletchley Park. The summit is a magnet for top brass from government, industry leaders, and thought mavens in the AI arena.

With the AI wave surging, there's a growing need to address the elephants in the room - the risks and ethical mazes AI brings along:

Now, let's delve into the crux of the summit, as per TechCrunch:

The goal: to foster a shared understanding of the risks posed by cutting-edge AI and the urgency to act.

Encouraging organizations to adopt measures to ramp up AI safety.

This summit isn't a one-off...

...it's a part of a larger dialogue swirling around AI's long-term implications.

The UK is donning a dual hat: Addressing the safety concerns head-on with the summit.

Wooing AI businesses to find a home on its shores. In an attempt to be the torchbearer in AI discussions:

The summit aims at nurturing a culture of safety in AI advancements.

Hoping to position the UK as a go-to hub for AI discourse and business.

With the stakes sky-high...

...the conversations at Bletchley Park are more than just a talking shop. It's about steering the AI juggernaut safely, ensuring it's a boon, not a bane.

Riley Reid's: AI x Adult Entertainment

Synopsis: Adult entertainer, Riley Reid, steps into the AI realm with a new site offering personalized digital interaction for fans.

A Unique Merge of AI and Adult Entertainment:

Riley Reid is embracing AI technology, launching a site that offers fans a taste of personalized digital interaction.

Now, let's explore the enticing aspect of this venture:

The goal: to provide a unique, personal experience using AI technology.

Offering a blend of adult entertainment with a touch of digital personalization:

This venture opens a new avenue in adult entertainment, integrating AI for a tailored fan experience.

A peek into the future...

...where AI might find its place in unexpected sectors, offering diverse personal experiences

RAPID FIRE AI NEWS

• The state of AI report 2023: The most anticipated report of the year. 

• Navigating the AI Wave for Startups and Established Enterprises - Scott Belsky

• Mystery Man's AI Fix for Hollywood: In the wake of Hollywood's AI debates, a masked figure proposes a unique solution for ethical content generation.

• Amazon's Drone Delivery in Texas: Amazon Pharmacy now delivers select medications by drone in College Station, Texas, ensuring deliveries within an hour at no extra cost.

• Humanoid robots may finally be coming to the business world — starting in warehouses.

• ChatGPT's Lottery Luck: A clever user cashes in on ChatGPT's capability, generating winning lottery numbers and hitting a small fortune.

• A Friend or Therapist?: As people spend hours conversing with ChatGPT, the scenario from 2013's 'Her' inches closer to reality.

AI STARTUPS & ACQUISITIONS

Discover a showcase of promising AI startups making strides in the tech world, alongside a curated selection of AI businesses awaiting new ownership

• AI Quiz Generator Reaches $24,000 ARR: This ed-tech startup has developed an AI tool that automates quiz generation, achieving an annual recurring revenue (ARR) of $24,000.

• Neural Frames: reached $11,000 Monthly Recurring Revenue (MRR). Celebrating profitability for over six weeks.

• OurBaby: Envision your future offspring with this AI-driven venture. By just uploading photos of both parents, you get a glimpse of how your future child might look. Priced at $3,000 with a monthly rate of $100, this startup intertwines AI with life's beautiful journey.

• NeuraRephraser AI: This unique AI-powered software is carving a niche by rephrasing content into various styles, boasting $45,000 turnover and $20,000 profit in just two short months. With a solid customer base and high sales potential, it's a ripe venture for those ready to harness AI in reshaping digital content. Asking Price

  $70,000

• 1-year-old AI tools directory making $96/m in last 3 months from paid listing | Asking price: $5,000

AI IN ACTION

Chatbase now enables businesses to train ChatGPT on company data for a tailored chatbot experience. Import data, customize your chatbot, embed it on your website or integrate with chat tools like Slack and WhatsApp for enhanced customer engagement.

That wraps up our tales for today. Thank you for joining me.

Catch up with me on X: @Dev_Annand and @aistreetjournal

See you there, and until next time, keep the curiosity alive!