Understanding Retrieval Augmented Generation for Live Streams
Live streaming has become an increasingly popular medium for sharing information, entertainment, and connecting with audiences in real-time. It allows individuals and organizations to broadcast events, conferences, and other content to a global audience, making it an essential tool for researchers, marketers, and organizations. With the rise of live streaming, there has been a growing need for efficient and effective methods of analyzing live streams to gain insights and make data-driven decisions.
This is where retrieval augmented generation (RAG) comes into play. RAG is a combination of retrieval models and generative models that work together to improve the quality and relevance of generated text. In this article, we will explore the concept of retrieval augmented generation for live streams and its benefits for researchers, marketers, and organizations.
What is Live Streaming?
Live streaming, also known as live video streaming, is the process of broadcasting real-time video content over the internet to a global audience. It allows viewers to watch events or content as it happens, eliminating the need for pre-recorded videos or delayed broadcasts. Live streaming has gained popularity in recent years due to its ability to connect people from different parts of the world and provide real-time access to events and content.
The Benefits of Analyzing Live Streams
Analyzing live streams can provide valuable insights for researchers, marketers, and organizations. Here are some of the benefits of analyzing live streams:
Live streams offer a vast amount of data that can be analyzed to gain insights into audience behavior, preferences, and engagement. Researchers can use this data to understand how people interact with live streams, what content is most engaging, and how to improve the overall viewing experience. This can be especially beneficial for academic researchers studying the impact of live streaming on communication, media, and society.
Live streams provide a unique opportunity for marketers to connect with their target audience in real-time. By analyzing live stream data, marketers can understand their audience’s interests, preferences, and behavior, allowing them to tailor their marketing efforts accordingly. This can help improve the effectiveness of marketing campaigns and increase audience engagement.
Organizations can use live stream analysis to gain insights into their brand’s online presence, monitor customer feedback, and identify potential issues or opportunities. This can help organizations improve their communication strategies, identify areas for improvement, and make data-driven decisions to drive business growth.
What is Retrieval Augmented Generation?
Retrieval augmented generation (RAG) is a technique that combines retrieval models and generative models to improve the quality and relevance of generated text. In simpler terms, RAG combines the ability to retrieve relevant information from a large database and use that information to generate new and meaningful text.
RAG works by first retrieving relevant information from a large database using a retrieval model. This information is then used by a generative model to generate text that is relevant, coherent, and grammatically correct. This combination of retrieval and generative models allows RAG to produce high-quality text that is tailored to a specific context or topic.
How RAG Can Improve Live Stream Analysis
RAG can greatly benefit the analysis of live streams by providing more accurate and relevant insights. Here are some ways RAG can improve live stream analysis:
Enhanced Data Collection
RAG can improve the data collection process by retrieving relevant information from a large database. This allows for a more comprehensive and diverse dataset, leading to more accurate and insightful analysis.
Improved Text Summarization
Live stream analysis often involves summarizing large amounts of text to identify key points and insights. RAG can enhance this process by generating coherent and concise summaries that capture the essential information from a live stream.
Enhanced Sentiment Analysis
Sentiment analysis is a crucial aspect of live stream analysis, as it can provide insights into how the audience is reacting to the content. RAG can improve sentiment analysis by generating more accurate and relevant text, allowing for a better understanding of the audience’s sentiment.
Retrieval augmented generation is a powerful tool that can greatly benefit the analysis of live streams. By combining the strengths of retrieval and generative models, RAG can provide more accurate, relevant, and insightful text for researchers, marketers, and organizations. As live streaming continues to grow in popularity, the use of RAG in live stream analysis is likely to become even more prevalent. So, if you want to stay ahead of the game, it may be time to start incorporating retrieval augmented generation into your live stream analysis process.
How To Use Speak’s Retrieval Augmented Generation For Live Streams
Step 1: Create Your Speak Account
To start your transcription and analysis, you first need to create a Speak account. No worries, this is super easy to do!
Get a 14-day trial with 30 minutes of free audio and video transcription and analysis included when you sign up for Speak.
To sign up for Speak and start using Speak Magic Prompts with retrieval augmented generation, just visit the Speak app register page here.
Step 2: Upload Your Live Streams
We typically recommend MP4s for video or MP3s for audio.
However, we accept a range of audio, video and text file types.
You can upload your file for transcription in several ways using Speak:
Accepted Audio File Types
Accepted Video File Types
Accepted Text File Types
- Word Doc
You can also upload CSVs of text files or audio and video files. You can learn more about CSV uploads and download Speak-compatible CSVs here.
With the CSVs, you can upload anything from dozens of YouTube videos to thousands of Live Streams files.
Publicly Available URLs
You can also upload media to Speak through a publicly available URL.
As long as the file type extension is available at the end of the URL you will have no problem importing your recording for automatic transcription and analysis.
Speak is compatible with YouTube videos. All you have to do is copy the URL of the YouTube video (for example, https://www.youtube.com/watch?v=qKfcLcHeivc).
Speak will automatically find the file, calculate the length, and import the video.
If using YouTube videos, please make sure you use the full link and not the shortened YouTube snippet. Additionally, make sure you remove the channel name from the URL.
This library of integrations continues to grow! Have a request? Feel encouraged to send us a message.
Step 3: Calculate and Pay the Total Automatically
Once you have your file(s) ready and load it into Speak, it will automatically calculate the total cost (you get 30 minutes of audio and video free in the 14-day trial – take advantage of it!).
If you are uploading text data into Speak, you do not currently have to pay any cost. Only the Speak Magic Prompts analysis would create a fee which will be detailed below.
Once you go over your 30 minutes or need to use Speak Magic Prompts, you can pay by subscribing to a personalized plan using our real-time calculator.
Step 4: Wait for Speak to Analyze Your Live Streams
If you are uploading audio and video, our automated transcription software will prepare your transcript quickly. Once completed, you will get an email notification that your transcript is complete.
That email will contain a link back to the file so you can access the interactive media player with the transcript, analysis, and export formats ready for you.
If you are importing CSVs or uploading text files Speak will generally analyze the information much more quickly.
Speak will automatically embed your data in a well-architected vector database which allows you to use retrieval augmented generation for Live Streams.
Step 5: Visit Your File Or Folder
Speak is capable of analyzing both individual files and entire folders of data.
When you are viewing any individual file in Speak, all you have to do is click on the “Prompts” button.
If you want to analyze many files, all you have to do is add the files you want to analyze into a folder within Speak.
You can do that by adding new files into Speak or you can organize your current files into your desired folder with the software’s easy editing functionality.
Step 6: Select Speak Magic Prompts To Analyze Your Live Streams
What Are Magic Prompts?
Speak Magic Prompts leverage innovation in artificial intelligence models often referred to as “generative AI”.
These models have analyzed huge amounts of data from across the internet to gain an understanding of language.
With that understanding, these “large language models” are capable of performing mind-bending tasks!
With Speak Magic Prompts, you can now perform those tasks on the audio, video and text data in your Speak account.
Retrieval augmented generation is what makes these Magic Prompts work so well.
Step 7: Select or Create Your Assistant Type
To help you get better results from Speak Magic Prompts, Speak has introduced “Assistant Type”.
These assistant types pre-set and provide context to the prompt engine for more concise, meaningful outputs based on your needs.
To begin, we have included:
Choose the most relevant assistant type from the dropdown.
You can also create your own custom Assistant Template Type.
If you visit the new page Account Preferences, you can see there is now an area where you can create your own custom Assistant.
This allows you to set the context of the engine for higher quality and more consistent outputs.
For example, you could say:
“We are [COMPANY NAME]. We are analyzing [DATA] to understand how to improve [GOAL]. We want all responses to be concise and in table format.”.
This becomes a reusable template in any of your manual or automated Magic Prompts.
You can create multiple templates for different use cases.
As an example, the analysis you run on a focus group may be different than a one-on-one interview.
Step 8: Create Or Select Your Desired Prompt
Here are some examples prompts that you can apply to any file right now:
- Create a SWOT Analysis
- Give me the top action items
- Create a bullet point list summary
- Tell me the key issues that were left unresolved
- Tell me what questions were asked
A modal will pop up so you can use the suggested prompts we shared above to instantly and magically get your answers.
If you have your own prompts you want to create, select “Custom Prompt” from the dropdown and another text box will open where you can ask anything you want of your data!
Step 9: Review & Share Responses
Speak will generate a concise response for you in a text box below the prompt selection dropdown. With Chat enabled, you can also continue to query that data to reveal more insights and reformat the information to your needs.
In this example, we ask to analyze all the Live Streams in the folder at once for the top product dissatisfiers.
You can easily copy that response for your presentations, content, emails, team members and more!
Speak Magic Prompts Pricing
Our team at Speak Ai continues to optimize the pricing for Magic Prompts and Speak as a whole.
Right now, anyone in the 14-day trial of Speak gets 100,000 characters included in their account.
If you need more characters, you can easily include Speak Magic Prompts in your plan when you create a subscription.
You can also upgrade the number of characters in your account if you already have a subscription.
Both options are available on the subscription page.
Alternatively, you can use Speak Magic Prompts by adding a balance to your account. The balance will be used as you analyze characters.
Completely Personalize Your Plan 📝
Here at Speak, we’ve made it incredibly easy to personalize your subscription.
Once you sign up, just visit our custom plan builder and select the media volume, team size, and features you want to get a plan that fits your needs.
No more rigid plans. Upgrade, downgrade or cancel at any time.
Claim Your Special Offer 🎁
When you subscribe, you will also get a free premium add-on for three months!
That means you save up to $50 USD per month and $150 USD in total.
Once you subscribe to a plan, all you have to do is send us a live chat with your selected premium add-on from the list below:
- Premium Export Options (Word, CSV & More)
- Custom Categories & Insights
- Recorder Customization (Branding, Input & More)
- Media Player Customization
- Shareable Media Libraries
We will put the add-on live in your account free of charge!
What are you waiting for?
Refer Others & Earn Real Money 💸
If you have friends, peers and followers interested in using our platform, you can earn real monthly money.
You will get paid a percentage of all sales whether the customers you refer to pay for a plan, automatically transcribe media or leverage professional transcription services.
Use this link to become an official Speak affiliate.
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