Duolingo Used AI to Turn a Free Language App into a $7.7 Billion Business

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Breaking news of the week.

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Prompt of the day

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NEWS OF THE WEEK

How Duolingo Turned a Free Language App Into a $7.7 Billion Business

Around 34 million people use the language learning app every single day, some for well over a decade, making the company around $500 million annually and making it one of the top education apps in Apple's App Store for the past decade. And yet. -. Most people who use Duolingo do not pay. -. All of its lessons are completely free to access. Only around 9% of its users pay and less than 8% of its revenue comes from advertising. Watch it now.

Why should you care?

  • Personalization: Duolingo shows how AI can tailor experiences to individual users, making products more engaging. It demonstrates AI's potential to transform education and user-centric services.

  • Continuous Improvement: The use of AI in A/B testing helps optimize products quickly and effectively. This highlights how AI can support rapid iteration and data-driven decisions in any industry.

  • Revenue Growth: Duolingo's AI-driven monetization strategies balance free content with premium features. This is valuable for creating sustainable business models for AI products.

ChatGPT 'o1' is now smarter than a PhD:

Andrew White, a chemist at FutureHouse, a non-profit organization in San Francisco that focuses on how AI can be applied to molecular biology, says that observers have been surprised and disappointed by a general lack of improvement in chatbots’ ability to support scientific tasks over the past year and a half, since the public release of GPT-4. The o1 series, he says, has changed that. Read more

The "I, Robot" director accused Elon Musk of copying his film's robot and car designs:

The director of the 2004 sci-fi film I, Robot has accused billionaire Elon Musk of copying his designs for humanoid machines and self-driving vehicles. At a Tesla event on Thursday, Musk unveiled Tesla's futuristic Cybercab, complete with winged doors and no steering wheel or pedals, and a new look at its Optimus robots. But the "We, Robot" showcase, playing on the title of an Isaac Asimov short story collection, also caught the eye of I, Robot director Alex Read More.

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PROMPT OF THE DAY

Brainstorm Content Ideas for 30 days

Act as a Social Media Content Creator for [business]. Your task is to brainstorm 30 innovative and engaging content ideas suitable for publication on [social media platform], spread out across a monthly calendar. These content ideas should align with the business's brand voice, mission, and objectives. Aim to create content that resonates with the target audience, drives engagement, and boosts the business's visibility on the platform.

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Until next time,

Awa K. Penn