Subscribe via:
Show Summary
In this conversation, AI consultant Erik Conn discusses the rapid evolution of artificial intelligence and its implications for various industries, particularly real estate. He emphasizes the necessity for individuals and businesses to adapt to AI technologies or risk being left behind. Erik shares his journey into AI consulting, the transformative potential of AI in real estate, and the importance of learning how to effectively use AI tools to enhance efficiency and productivity. He also highlights the ethical concerns surrounding AI’s rapid development and the need for proper understanding and implementation of AI solutions.
Resources and Links from this show:
-
Listen to the Audio Version of this Episode
Investor Fuel Show Transcript:
Erik Conn (00:00)
And that’s the problem. It’s moving too fast and it’s moving too fast to where the ethical departments are actually not able to keep up because they’re saying that the models are not ready to be pushed out. But yet the companies are saying, well, we got to push them out because we’re in a race. And that’s a big, big problem we have today. We’re in a race to get to what we call AGI, which is so many definitions of AGI.But what does it mean at the end of the day for us?
Dylan Silver (02:05)
Hey folks, welcome back to the show. Today’s guest, Erik Conn is an AI consultant from Mount Vernon, New York and a certified prompt engineer. Erik, welcome to the show.Erik Conn (02:18)
Thank you, thank you, thank you for having me.Dylan Silver (02:20)
It’s great to have you on here, Erik. AI is so big right now and only getting bigger. And when we talk about the need to understand that it’s really you are either going to learn AI or you’re going to get left behind, it seems like.Erik Conn (02:36)
Yeah, that’s a fact. And a lot of people, they more are not involved because of fear. And I hate to say it, man, you can’t look at it like that today because no matter what, fairer than not, it’s not going nowhere.Dylan Silver (02:51)
It’s not going anywhere. And I remember looking at some of the AI models like six months ago and thinking, well, I don’t know if it’s quite there just yet. When will it be there? Are we going to see massive improvements? What’s the next six months you’re going to look like? I feel like it’s already beyond what most people would think it would be at six months ago with the voice models, with the ability to interact via text, with the ability toyou know, design based off of a simple prompt. AI is developing so rapidly.
Erik Conn (03:28)
And that’s the problem. It’s moving too fast and it’s moving too fast to where the ethical departments are actually not able to keep up because they’re saying that the models are not ready to be pushed out. But yet the companies are saying, well, we got to push them out because we’re in a race. And that’s a big, big problem we have today. We’re in a race to get to what we call AGI, which is so many definitions of AGI.And it is in the meantime, harming people. We don’t know that. You even have kids like harming themselves. It could be mentally, it could be physically, it could be they’re killing themselves. All because we’re moving too fast. And it’s, you know how you got two X and then you got four X? This is how this thing is moving. This is not moving like.
10 times every year. Like this year, we know it’s going to move 10 times faster. Next year, we know it’s going to move 10 times faster. This is moving 10 times faster this year than 20 times in the next month. like, if you notice, they’re putting out models every few months and everybody’s competing. Everybody’s saying, my model’s better than your model. My models. But what does it mean at the end of the day for us?
Dylan Silver (04:39)
Yeah.Yeah, I mean, it’s impacting us. I’m a realtor. I know you’ve got a product for realtors. It’s impacting us on a way where like I said, if you don’t learn about it, you’re going to get left behind. As an AI consultant prompt engineer, how did you get into the space? What was your entry point into the AI space?
Erik Conn (05:57)
Well, it was about three and a half years ago. I’ve always followed like Microsoft, the big companies, because I’ve always was fascinated with when they buy each other. you you hear like years ago, you hear 150 million, 300 million dollar buyout. You’d be like, wow, today, that’s nothing. That’s peanuts. But I’ve always was intrigued with that whole thing. So I’ve always followed these big companies andAll the way up until I knew they was talking about artificial intelligence. We all knew that. And it wasn’t until maybe before ChatGPT I think it was three, a 3.5 was released. We all knew about it. Like the guys who was following them and we were all kind of looking at the beta one. But when it came out in November, I think it was 2023.
Is when it just shook the world and it even shocked me on how good it was. So I started a consulting company. said, I’m going to help companies and I’m a consultant and I’m going to use AI. And that was my goal to make some money. It wasn’t really until I started understanding what the wealth gap was. And like between black, brown, Latinos, just every race in America. And I’m going be honest with you, I was shocked. couldn’t believe it. And
A artificial intelligence had shown me that this is something that could be used to help change this. And in order for that to happen, we have to learn it. And it has really been a task because you know how people just don’t want to learn new technology. They’re afraid because they’re so settled in on what they know now. So it’s, it’s been a journey trying to kind of explain this to people from that point.
But for some reason, and I’m not going to say for some reason, now they’re starting to wake up and give me a call because they’re heroes. Because I’m just AI Erik. I’m Erik Conn, who they know all their lives, who probably do this business. I’ve been doing all types of different things, but now I’m in the AI world. So some people probably look at me like, well, he’s in another business later for what he’s talking about. But because they’re heroes, because everybody they look up to is talking about this now, now people are like, yo Erik, ⁓ man, I got to learn this.
So now seeing people seem to be interested.
Dylan Silver (08:18)
Yeah, I mean, you’re seeing the ability to facilitate areas of everyday life, like, you know, making a budget, right? Or or let’s figure out what I need ⁓ as far as something as simple as like groceries, you know, you could you could get something on an everyday level and have AI implement a solution to make it easier for you, you know, a personal assistant, right. But then also to when we talk about real estate,It eliminates the necessity to have to do maybe not completely right now, but very soon, probably completely things like finding comps, things like being able to underwrite a deal, things like finding, you know, the best buyers for a specific property within a radius, things like identifying, you know, the critical aspects of a home, which a client could be looking for.
without you having to manually search through and filter through data like on an MLS. And so this makes it effectively like a force multiplier for people’s time and effort.
Erik Conn (09:29)
Right. But you have to know how to use it. So majority of the people that’s using artificial intelligence are literally using it wrong. And because of that, they’re not firing off their neural networks. And that can cause a problem, particularly with younger kids that learn like that. Because by the time, say for instance, they get one of them little gadgets they’re trying to sell the kids, which is banned in a lot of countries. By the time they’re 15 years old, they probably won’t know how to think because they’rebrain has shrunk because it is a proven fact that your brain will shrink if you don’t use it, particularly as far as thinking and talking and interacting and things like that.
Dylan Silver (10:44)
Yeah,great point. The ability to solve complex problems does it does require a certain level of like, internal, you know, ⁓ toughness and grit, because you’re eventually especially, you know, engineering world, you’re eventually going to come up against a problem which you can’t solve right then and there. And an AI model could probably solve it immediately. But you may have to kind of grind it out for a period of days in order to find the solution.
That doesn’t mean throwing the towel though, because like you said, you’re losing the ability to develop those critical thinking skills.
Erik Conn (11:19)
But if you think about it, if you was a company and you had the ability to, they call it being sticky. And it’s so funny because I read it in my notes the other day on something sticky means that they tell the AI machine learning engineers and data scientists and the people involved in making the model to make it sticky and making it sticky means to keep you, your eyes in there. So that means the more you’re in there, the less you’re really thinking, unless you.a unique person and understand that this is the way I have to use this. Um, but when it comes to automation, I believe all businesses eventually have to get involved no matter how bad it might be, um, because it can become bad and it’s already bad and good. Cause if you think about the web, 51 % of activities on the web right now are bots, 49 % of humans.
37 % of that 51 % are bad parts. So we really have to be careful, but we have no choice, but to actually get involved and use this. And the more we understand what’s going on, the more careful we’d be. Now, as far as real estate, I mean, like I have something that says, let me ask you, how many hours did you spend last week writing, listening descriptions, drafting follow-up emails or creating social media posts? Five hours, 10.
What if I told you to get all this done in 30 and under 30 minutes? Would that sound better? mean, and then even the writing would be even better. I am not a realtor and I’m not a broker. I’m an AI professional and a prompt engineer. So I am here to solve problems. And I actually have a whole thing for lawyers to attorneys, but I have to get the AI realtor prompt out first and get that going because this is a major, major project we have.
Um, the whole backend, front end, everything involved in this site because the realtor now actually gets to lock in. has his own platform. He has his own admin section and now he gets access to 50 prompts. I’m a, um, I’m actually just, I’m a, I’m a login and I’m going to show you like you said, automation. you’re not automating your competition is going to pass you by. If you’re sitting there just thinking I’m going to, um,
Dylan Silver (13:14)
Yeah.Erik Conn (13:42)
Write these emails, I’m going to create these social medias. I’m going to do all of this. If you’re doing it manually, you’re wasting a lot of time that you can be using for showings, for going around looking for listings and things like that. Instead of sitting in the office, emailing someone, thank you for the, you know, buying the first house and the following year you want to do this with this. We make it much easier. We have property marketing, communication, market analysis. I’ll give you an example.The first one for, ⁓ property market and his ML list listing. So what happens is you open that up. Property, property address. So these are the variables. All you have to do is fill this in property address, property type, would be condo, townhouse, multi-family, single family. You get the bedrooms, bathrooms, lifting, listing price, key features, neighborhood area, and then you hit expected outcome. Either you can generate.
three outcomes if you’re a paid member. So I’m gonna hit this. I’m gonna hit 123 Main Street, Beverly Hills condo. I’m gonna hit four bedrooms, two bathrooms. I’m gonna hit 9,000 square feet for listing price, 1.2 million key features, big windows. Now I’m not really a broker. So I don’t really know what to put as far as a nice area.
Um, river bed close by. So now area, I’m a push schools playground, local police station, generate AI content. So now, even if you’re on a go, you can actually just talk into it and say what you want to say and then click generate. So right now we’ve generated luxury living meets urban convenience and prime Beverly Hills. Welcome to an unparalleled opportunity at one 23 main street.
Dylan Silver (16:09)
Yeah.Erik Conn (16:22)
Beverly Hills, California, 90210. This stunning and expansive four bedroom, two bathroom luxury condominium redefined scale and sophistication, boasting an extraordinary 9,000 square feet of, I cannot say that word, metestrally, I can’t say that word, designed living space. This condo offers the dimensions of a grand estate with the ease of maintenance inherent to condo ownership.Dylan Silver (16:25)
youErik Conn (16:51)
Priced attractively at 1.2 million, this residence is situated in a highly desirable and prestigious neighborhood known for its safety and exceptional quality of life. The location provides immediate access to top rated schools, a community playground, blah, blah, blah. So basically this creates what you need professionally and you have the ability to go and edit it. You have the ability once you edit, can save it, you can copy it to your clipboard, email it, download it as a PDF.or Word document or print it. So you can actually have three of these and you say, oh wow, I like this one better. You go ahead and pick it, you edit it, that’s done. Now the thing about it is if you really had to sit in front of a computer and think about this, you’ll probably still be thinking about this or what to write, who to write it to, client communication, open house, attendee follow-up, home, anniversary email, request for testimony, past client check-in.
Dylan Silver (17:39)
Yeah.Erik Conn (17:50)
Sell a weekly update market analysis. It’s now a good time to buy neighborhood expert report renting versus buying analysis, CMA narrative content branding. Now this is where I love 30 day social media content. Most realtors don’t even know how to do this. So all I have to do is enter month, August area focus, ⁓ selling three bedroom target audience.45 to 65 your name Erik Conn boom So now what I’ve created is in less than 10 seconds
⁓ this content calendar is designed for Erik Conn focusing on selling three bedroom homes in August to an audience age 45 to 65. The strategy emphasizes value, low maintenance living, financial wisdom, and lifestyle benefits using platforms like Facebook, Instagram, where the demographic is active. August content calendar selling three bedroom homes, target 45 to 65. I literally have 30 days of content here.
August day one introduction, the August advantage, Facebook, IG. Why August is the perfect time to list your three bedroom home. Less competitive for summer vacations, serious buyers, visual, professional photo of a recently sold three bedroom home. Then you got August 2nd. Myth versus reality, downsizing, Facebook, carousel, infographic, debunking myths about downsizing, focus on right sizing and maintenance quality of life.
This goes on for the whole 30 days. So now that fast, you created 30 days of ideas. Now all you got to do is take that, put it in a ChatGPT and get your post posted.
Dylan Silver (19:43)
Now, when we talk about the ability to plan out for 30 days, is there also maybe now or down the line and ability for it to like, take over completely in the sense of, hey, I’m going to give you maybe my login information and I’m just going to have the AI post, you know, it determine what I need. And then if I want to shut it off, I can say, hey, I want to do it manually.Is that available yet? Is that something that could be possible? Is there a risk with that as well?
Erik Conn (20:15)
So if people got with me now privately, as far as consultation, I have an app that I use for that. Now, as far as implementing in this, we can actually do that. I just have to build memberships. have, I have a few things that I will implement into this site to make it more attractive to users. and it’s so funny because I was going to implement.I was actually in the midst of implementing an area where they can list their three top properties. So whatever three top properties they’re focused on, they don’t have to go and search for it. They’d be like, all right, well, these are the three main properties I’m focused on right now. They can take any of those 50 prompts, apply them to that address and do whatever they got to do. But what happened was it was giving me an issue. And I was actually told, hold off on this. Let’s build up.
some clients and then we can implement this later on. You know what I’m saying? Now, as far as implementing what you’re talking about, we do have plans to implement that, but we do want to build membership first because that is going to cost us more money. And the site is actually a huge, huge site as far as the capabilities that it has now. And I don’t want to like add too much to overwhelm people because right now my goal is to make people understand the power that it has now, I believe.
We actually have statistics on how much time this will actually save you as far as, ⁓ like say for instance, in my section, I’ve been playing around with it. actually like going with you go to our Y us page. We show you how many like say for instance, you had to brainstorm and do a happy anniversary letter to someone compared to if you just went into one of your prompts and went to that particular.
I’m prom it will take you 10 minutes to do it on a computer, but it will take you two minutes with us. And when it comes to the end of the year, time is literally money. Like we show you, you saving 260 hours a year with us. Like right here says we weekly time savings by category scripts and videos. You’re saving 0.5 hours market reports, 0.7 hours.
Social media, you’re saving an hour. Email drafting, 1.5 hours. Content writing, you’re saving 2.5 hours with us. That’s six hours a week. That’s $300 a year. So one of the things about artificial intelligence is if you’re not analyzing everything with a toothpick as far as data, as far as time, as far as everything you do, you’re not going to win because that’s one of the ways to use artificial intelligence is critical thinking.
Data analysis and hypothesis analytics and things like that is all a crucial point of using AI and winning. So if you’re a realtor and say, for instance, that realtor over there still using doing things manually and you’re using the AI vault prompt, you’re going to win because first of all, your content is going to be 10 times better than what you actually are putting out yourself because what you’re putting out yourself
could be bias and you might not know it. And we actually have trained this particularly for realtors. We actually have, and, because of the bias part, we have it to where there will not be any bias. We actually have compared to other GPTs, price versus real estate features for other GPTs, the AR realtor prompt. have 14 particular features for prompts, I mean, for brokers and realtors. ChatGPT has three.
Dylan Silver (23:37)
Yeah, that’s right.Erik Conn (24:05)
Jasper AI has eight, um, copy AI pro has seven, right? Sonic has five. So we’ve trained this particularly for brokers. They don’t have to do nothing, but fill in the variables and they can get a choice of three. Like I said, pick the best one. They could do it while they’re on the go. So the whole time, the whole thing is now you’re in the AI world. Now you’re in the world of automating your content. And that’s simple to be honest with you is $49 a month. If you think about it.times 12, that’s less than $600. If you get one deal from this, it’s paid for itself. Just one. And you still make a…
Dylan Silver (24:44)
Yeah, that’s right. Andyou’re saving a lot of time too. And ⁓ the ability for, again, people to have a force multiplier with AI is there right now. Speaking of which, we are coming up on time, Erik, where can folks go to reach out to you and learn more about what you’re working on?
Erik Conn (25:06)
AI literates. I’m sorry. That was my other way. AI realtor prompts.com. I’m Erik Conn. E R I K C O N N. You can reach me at all types of different places. My number is now one four six one five four zero seven seven. If you need AI consultation, are you interested in the site?Dylan Silver (25:24)
Erik, thank you so much for coming on the show today.Erik Conn (25:27)
Thank you, my brother. Thanks for having me.
