Retrieval Augmented Generation For Trends
Introduction
In today’s fast-paced world, staying up-to-date with the latest trends is crucial for researchers, marketers, and organizations. Trends can be defined as the general direction in which something is developing or changing. They can range from fashion and culture to technology and business. Keeping track of trends can provide valuable insights into consumer behavior, market demand, and industry shifts. With the rise of big data and artificial intelligence, a new method called retrieval augmented generation has emerged, making trend analysis more efficient and accurate than ever before.
The Traditional Approach
Traditionally, trend analysis involved manual research and analysis of data. This process was time-consuming and prone to bias. Researchers would have to sift through vast amounts of data, such as social media posts, news articles, and customer feedback, to identify patterns and trends. This approach was not only tedious but also limited in its ability to handle large amounts of data.
The Emergence of Retrieval Augmented Generation
Retrieval augmented generation, or RAG, is a powerful tool that combines the capabilities of natural language processing (NLP) and large language models to analyze trends. RAG is a two-step process that begins with the retrieval of relevant data and then uses that data to generate insights and predictions.
Step 1: Retrieval
The first step in RAG is to retrieve relevant data from various sources. This can include social media platforms, news websites, and online forums. NLP is used to analyze the text and identify keywords and phrases related to the desired trend. This process is not limited to a specific language, making it a versatile tool for global trend analysis.
Step 2: Generation
Once the data is retrieved, RAG uses large language models, such as GPT-3, to generate insights and predictions. These models are trained on vast amounts of data and can understand and generate human-like text. RAG uses this capability to analyze the retrieved data and generate insights and predictions related to the trend being analyzed.
The Benefits of RAG for Trend Analysis
Efficiency
One of the most significant benefits of RAG is its efficiency. With the ability to retrieve and analyze vast amounts of data in a matter of seconds, RAG saves researchers and marketers valuable time and resources. This allows them to focus on other important tasks, such as implementing strategies based on the trends identified.
Accuracy
RAG’s use of NLP and large language models also ensures a high level of accuracy in trend analysis. By analyzing a large volume of data, RAG can identify patterns and trends that may not be apparent to the human eye. This reduces the chances of biased or incomplete analysis, providing more accurate insights and predictions.
Real-time Insights
With RAG, trend analysis can be done in real-time, providing organizations with up-to-date insights and predictions. This allows for quick adjustments and adaptations to market changes and consumer behavior.
Cost-effective
By automating the process of trend analysis, RAG saves organizations money that would have been spent on manual research and analysis. This makes it a cost-effective solution for businesses of all sizes.
Conclusion
In conclusion, trends play a crucial role in the success of researchers, marketers, and organizations. With the emergence of retrieval augmented generation, trend analysis has become more efficient, accurate, and cost-effective. By combining the capabilities of NLP and large language models, RAG provides real-time insights and predictions, allowing businesses to stay ahead of the competition. As the world continues to generate vast amounts of data, RAG will become an essential tool for trend analysis and decision-making.
How To Use Speak’s Retrieval Augmented Generation For Trends
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 Trends
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
- MP3
- M4A
- WAV
- OGG
- WEBM
- M4P
Accepted Video File Types
- MP4
- M4V
- WMV
- AVI
- MOV
- FLV
Accepted Text File Types
- TXT
- Word Doc
CSV Imports
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 Trends 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.
YouTube URLs
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.
Speak Integrations
As mentioned, Speak also contains a range of integrations for Zoom, Zapier, Vimeo and more that will help you automatically transcribe your media.
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.
You can also add a balance or pay for uploads and analysis without a plan using your credit card.
Step 4: Wait for Speak to Analyze Your Trends
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 Trends.
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 Trends
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:
- General
- Researcher
- Marketer
- Sales
- Recruiter
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 Trends 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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Just use our Calendly link to find a time that works well for you. We look forward to meeting you!
