Master Prompt Engineering with GPT-3: A Beginner's Guide | AI Core Skills

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This article is a summary of a YouTube video "Master Prompt Engineering (Full Guide)" by Liam Ottley
TLDR Prompt engineering can be used to make money and build businesses without coding, by leveraging OpenAI Playground and GPT3 to create AI-based solutions.

Key insights

  • 💰
    Prompt engineering is a highly lucrative skill that can create millions of dollars worth of value in just a few carefully crafted sentences.
  • 💡
    The quality of your input determines the quality of your output when using large language models like GPT-3, making prompt engineering crucial for extracting value from them.
  • 💻
    Learning how to engineer prompts for base models is crucial for building scalable businesses on top of AI language models like GPT-3.
  • 🤖
    Role prompting can set the AI into a certain role, such as a mathematician or a doctor, and can lead to more accurate results.
  • 🤖
    Giving AI more context through prompt engineering can lead to better understanding of questions and ultimately better answers.
  • 🤖
    Large language models like GPT-4 are essentially pattern recognition and generation machines, and Chain of Thought prompting can improve their accuracy by encouraging them to explain their reasoning.
  • 🤖
    Chain of Thought prompting is a useful tool for prompt engineers to get the correct answer for specific tasks.
  • 💡
    Writing a well-crafted prompt can unlock extreme amounts of value in AI, as seen with Lita AI by Dr. Alan d Thompson.

Q&A

  • How can I make money and build businesses without coding experience?

    The video teaches you how to use prompt engineering to make money and build businesses without coding experience.

  • What is the importance of prompt engineering?

    Prompt engineering is important as changing prompts can drastically affect the outcome of a task, so finding the optimal prompts is crucial.

  • What is the purpose of the Open AI Playground?

    The Open AI Playground provides a platform to interact with Open AI Suite products in their natural state, which can then be scaled and productized.

  • How can AI be used as an autocomplete engine?

    AI can be used as an autocomplete engine with zero shot prompting, where no structure or expectations are given.

  • How can I create an AI-based YouTube video idea generator?

    By using few-shot learning, you can create an AI-based YouTube video idea generator that is tailored to the style, tone, length, and structure of the examples you provide.

Timestamped Summary

  • 💰
    00:00
    In 15 minutes, I'll show you how to use prompt engineering to make money and build businesses without coding.
  • 🤖
    02:02
    OpenAI Playground provides a platform to interact with Open AI Suite products and use GPT3 to engineer prompts for base models.
  • 🤔
    04:16
    Different code related models have different functions, pricing, temperature, max length, and penalties to control output.
  • 🤖
    05:56
    Prompting AI with roles can help it solve problems correctly and GPT has been set into a helpful AI assistant mode.
  • 🤖
    07:11
    AI can be used to answer questions with zero, one, or few-shot prompting, based on context and examples given.
  • 🤖
    09:29
    Using few-shot learning and Chain of Thought prompting, you can create an AI-based YouTube video idea generator.
  • 🤑
    11:16
    Learn prompt engineering and start selling your services - it's a highly lucrative skill for the next 1-2 years!
  • 🤑
    13:22
    Leverage prompt engineering to create a business in 30 minutes with one well-written prompt and user input.
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This article is a summary of a YouTube video "Master Prompt Engineering (Full Guide)" by Liam Ottley
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