The tale of Jack Raines: $90 million through ChatGPT
posted 12 Aug 2023
"Soho House, an elite club where memberships are priced between $2450 and $4800. What I did was create an AI model of a woman (based on ChatGPT), a marketing expert, who would invite young and affluent men for business meetups."
Success came without delay:
"The AI's efforts resulted in approximately 30,000 men accepting the invitation, bringing in about $90 million, as all of them had to secure a membership."
But that's not the end of Jack's endeavor; he aimed for personal gain:
"The main thing is, I managed all of this within a week, precisely when the company was to disclose its 2023 second-quarter gains, and in doing so, I bought options valued at $50,000."
In the end, Soho House's shares rose nearly 20%, and Jack's earnings were substantial.
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