📰 TL;DR [ 6 minute read ]

Over the past few months, I’ve come across a few remarkable functions of ChatGPT that were previously unknown to me. ChatGPT has proven to be an exceptional tool, capable of not only analysing images and graphs but also providing proficient tax and health advice. Today, I’ll show you the best examples I’ve found.

Summarise videos, articles, papers, and posts

One of the advantages of ChatGPT is its ability to save time by summarising online content. Previously, I would have to sift through numerous tedious scientific articles to locate specific information, but now ChatGPT can accomplish this task within seconds.

Moreover, it can even provide translations in under a minute, making it an incredibly versatile tool.

Here's a step-by-step guide on how to use ChatGPT to summarise content (please ensure that the ChatGPT plugins are enabled):

1. Find the desired video, article, paper, or post.

2. Copy the link of the content you wish to summarise.

3. Simply ask ChatGPT to provide a summary based on the given link.

I found this feature to be immensely useful. However, one drawback I encountered is that ChatGPT does not currently support reading scientific papers in PDF format. Nevertheless, when it comes to summarising plain text from websites, it performs fantastically.

Consult ChatGPT for Advice:

While this feature can be a valuable resource, it is important to remember that it is not intended to replace the expertise of professionals such as friends, tax advisors, lawyers, or psychologists. However, ChatGPT can assist you in finding potential solutions to various problems.

Tax Advice

If you require guidance on matters related to your life and work, ChatGPT can offer advice. For instance, if you are planning to sell a business or seeking assistance in determining the most suitable approach for bequeathing inheritance to your child, you can rely on ChatGPT to act as your virtual lawyer or tax advisor.

Say, you want to sell a business and you want to make sure you’re approaching it with legal factors in mind. Try the below.

You could also then ask ChatGPT to calculate your corporation tax, however it’s paramount you double-check the assumptions such as tax rate.

As ChatGPT states that its knowledge has been cut off, you may have to feed it the correct figures to calculate the sum correctly.

Legal Advice

Say you are starting a new company and want legal advice on how to set out shares. Ask ChatGPT to advise you from the get-go.

Advice From A Friend

For example, you might have a particular lifestyle issue you need help with. Ask ChatGPT to give you a helping hand so you can find the best solution.

While ChatGPT can offer valuable advice, it is important to acknowledge that it cannot fully replicate the experience of engaging in a conversation with a friend.

It may lack the nuances of communication, the ability to share humour relevant to the situation, or provide original advice tailored to your specific circumstances. However, it can still prove beneficial when you require prompt decision-making or desire to explore multiple options for resolving a problem.

ChatGPT can be particularly useful in situations where you need to make swift decisions or wish to evaluate various alternatives for problem-solving.

By providing detailed information about your query or concern, you enhance the likelihood of receiving a more insightful response.

Health Advice

Previously, I used to resort to online searches or rely solely on nutritionists to determine my calorie requirements and devise a personalised meal plan that suited my needs. However, with the advent of ChatGPT, I now have a convenient and cost-effective alternative that can assist me in obtaining this information.

I recently consulted ChatGPT to calculate a training plan, taking into account factors such as my weight, height, gender, level of physical activity, and my desired weight loss goal.

Here are the key benefits of utilising ChatGPT for this purpose:

Time and Cost Savings: By utilising ChatGPT, I can save valuable time and money that would have otherwise been spent on researching and consulting a nutritionist.

Personalised Information: ChatGPT provides tailored information by considering various factors like weight, height, gender, physical activity level, and weight loss goals, ensuring the accuracy and relevance of the calorie calculations.

Convenience: With ChatGPT, I have access to this valuable information at my fingertips, making it easier to track my calorie intake and progress towards my weight loss goals.

This answer is great - it can quickly calculate your BMR and you can also mess around with the figures. Say for example, you increase your exercise level, you can prompt ChatGPT in order that it provides you with a more tailored response. This is both faster and more accurate than using an online calculator.

Of course, to obtain the most accurate answer possible, it is important to provide as much information as possible while entering the determinant figures.

Scanning and Describing Images with ChatGPT

I recently came across an incredibly useful feature that I believe could be of great value to you as well - the ability to scan and describe images or paintings using ChatGPT.

Here's a step-by-step explanation of how the image scanning process works:

1. Start by locating the desired image on the internet. For the purpose of this example, let's consider a painting by Rembrandt or an image of the S&P 500 Performance.

2. Once you have identified the image, provide the image's URL or upload it directly to ChatGPT.

3. Ask ChatGPT to describe the image for you. You can then request specific details about the image, such as to infer why a chart may be rising or falling.

4. ChatGPT will process the image and generate a detailed description based on its understanding of the visual content. The AI model can identify and describe different elements, providing you with relevant information about the image.

By leveraging this image scanning feature, you can now effortlessly obtain accurate and concise descriptions of various images, enhancing your ability to comprehend visual content or complete tasks that require image analysis.

Get the image URL from the above painting by left clicking and copying the image address.

Or for example ask ChatGPT to make analyses from the S&P.

Some pretty cool techniques here - I hope you find them useful. Thanks for reading this issue!

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