Itay Dressler and Itzik Ben Bassat are used to exchanging brief messages. Ben Bassat has attention deficit disorder and prefers to keep his text messages short. He and Dressler realized they weren't the only ones who could benefit from more succinct updates.
They founded TheGist to simplify information consumption in workplace communications and data. The startup's first product uses artificial intelligence to help it filter out noise.
There's a lot of noise in the business. 18% of remote workers suffered from information overload, while 8% were overwhelmed by the amount of data and apps they were meant to check.
There are too many software-as-a-service applications. Ben Bassat said in an email interview that different teams use different tools. Information overload is made greater by the integration between those tools. Employees will be able to get the information they need to make better decisions in a short and personalized form in the future.
It is easy to install TheGist's Slack app. The app can be added or invited to channels that a user wants to summarize. A fresh summary of what happened in the channel is generated by typing the command "/gist".
TheGist is the image's credit.
Summaries can be provided from one day to several weeks. It can summarize a lot of individual chats. The service is free for up to five summaries but a premium subscription is required for unlimited summaries.
Ben Bassat said that they wanted to highlight the need for shortening the information overload in companies. Managers can dramatically increase the amount of workplace information they can consume by digest it and personalize it, while employees can be served the information they need when they need it.
It is a lot to say that. TheGist's summaries are bound to contain errors from time to time. Companies in highly regulated industries might be reluctant to allow a third-party app to process internal messages.
Ben Bassat didn't give much in the way of detail about TheGist's artificial intelligence systems and their development, save that it's using multiple open source large languages models.
Ben Bassat said that they are using statistical models to evaluate their models. Users are made aware of the fact that results can have summary errors.
According to Ben Bassat, TheGist doesn't store data other than the messages users ask to summarize, which it does after the summaries are generated.
We store analytical and usage data in order to improve our product. Ben Bassat said that users can request to have their data deleted.
There aren't many competitors in the summarization space There are a few. The frame summarizes the previous day's activity with metrics such as team responsiveness and auto-detected "high" and "low" moments. Grok gives summaries of the conversations and threads generated by Openai. The TLDR uses a method to spit out summaries of messages.
TheGist is the image's credit.
Ben Bassat doesn't see the first app as the end game. Ben Bassat says that the company is on the verge of releasingproprietary generative artificial intelligence solutions for different platforms in the near future. Ben Bassat didn't have a lot to say on the subject.
The goal of our platform is to enable anyone to be informed with short updates from any app they use for communication or productivity. Ben Bassat said that it takes a lot of technological focus to solve the challenge. Accurate summaries and actionable insights are our goal.
generative artificial intelligence is probably a good path to follow. Jasper, an artificial intelligence copywriting app for marketers, raised $125 million at a valuation of over $1 billion. generative artificial intelligence could create trillions of dollars of economic value, according to a September post by Sequoia Capital, a venture capital firm.
The Gist has raised $7 million in pre-seed funding. TheGist's debut tool is only the beginning, and there is more to come, according to a partner at the company. Employees want to zero in on the insights that matter to them at the point in time when they are relevant in a world where companies create too much data. TheGist is on a mission to create magical tools that work for the user.
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