From an emerging trend to a powerful everyday tool, AI has surely come a long way. The current models can generate content and languages, create visuals, and even act as personal assistants. And guess what the best part is? You don’t have to be a tech expert or a part of a large organization to use them. In this episode of the Fundraising AI podcast, Nathan and Scott explore how modern AI is transforming work for the better. They also talk about why responsible use of AI matters; as with any great power, caution is crucial.  

Starting the conversation, Nathan and Scott dive into the improvements in AI image generators, their limitations, and their potential to save time and effort for nonprofits. Next, they share their take on working smarter with AI customization tools, where you can save your instructions rather than retyping your prompts every time. Then Nathan shares some significant details on a study conducted by Harvard Business School about improvements in performance and efficiency when using AI. The study shows the difference in performance improvement between teams that are using AI and those that are not. It also shows the improvement of the efficiency of teams that use AI by 12.7%.  

In the last part of the conversation, Nathan and Scott dive into the second chapter of their book, ‘Fundraising AI,’ where they separate AI myths from reality. They paid special attention to the myth that AI is only for large, well-funded organizations, which is the opposite of the truth. Additionally, Nathan and Scott walk us through the topics of recent releases of new AI models by Gemini and embracing AI with eyes wide open.  

HIGHLIGHTS

[02:25] Recent improvements in AI image generators.  

[06:20] Challenges in AI image generators.  

[10:48] Saving time and effort for nonprofits with AI image generators.  

[14:34] Recent releases of new AI models by Gemini.  

[17:40] Work smarter with AI customization tools.  

[20:04] A study by Harvard Business School about the significant improvements in performance and efficiency when using AI. 

[22:21] Chapter Two of ‘Nonprofit AI’.  

[25:20] Separating myth from reality.  

[28:40] Embracing AI with eyes wide open.  

[32:07] Tip of the Week – Provide better prompts to AI tools to improve output quality.  

[34:40] Ponder of the Week – Recognizing people who use AI with responsibility in larger organizations.  

RESOURCES

Connect with Nathan and Scott:

LinkedIn (Nathan): linkedin.com/in/nathanchappell/

LinkedIn (Scott): linkedin.com/in/scott-rosenkrans

Website: fundraising.ai/