DALL-E-2, Twitter Notes and more!
Product Management, UX, Startups, and more — freshly curated by Zeda.io.
Hello, all you product-loving folks! 🥰
Welcome to this week's edition of Product Café, your weekly cup of coffee for everything product management, startups, and more. ☕
Before we dive into some of the trending topics of the week, I wanted to talk about WhatsApp Pay and how much it changed my life. I’ll be honest, I didn’t think anyone really used WhatsApp Pay until I actually used it last week. I also didn’t start watching Game of Thrones until last week, but that’s a whole other story.
Anyway, the reason I thought no one really used WhatsApp Pay was that we already have enough and more apps in the market like Google Pay, Pay Pal, Venmo and more. So then why did Whatsapp launch WhatsApp Pay?
I did some digging and realised that they wanted to bring a solution to this repetitive task “Making payments on an external platform and then sharing the receipt with your recipients on WhatsApp”
WhatsApp is the most popular global mobile messenger app worldwide with approximately two billion monthly active users, outranking WeChat at 1.2 billion users, and Facebook Messenger at 988 million global users. When two billion people already have the app downloaded, using the same app for payments without having to download another one just seems so much easier.
They understood this user behaviour and realised that introducing a payments feature right within their daily chat platform would solve it.
“This secure payment experience makes transferring money just as easy as sending a message. People can safely send money to a family member or share the cost of goods from a distance without having to exchange cash in person or going to a local bank.” says WhatsApp.
Source: https://www.firstpost.com/tech/how-to/whatsapp-payment-is-live-for-20-million-users-in-india-here-is-how-to-transfer-money-9134171.html
Let me give you an example of how much this has changed my life.
This was my user behaviour before I started using Whatsapp Pay:
For the longest time, I used to screenshot the receipts instead of directly sharing it. I still sometimes do. What can I say, force of habit. My phone had about 200 screenshots of receipts that I’ve shared via WhatsApp with my recipients. I’ve had to buy extra storage to accommodate all my screenshots and photos. Sure, I could just delete them after use, but psychologically, we’d rather spend the extra buck on that space than go through the tedious process of picking and deleting each picture.
Takeaways: My phone is low on storage. I have so many unwanted screenshots. Always toggling between apps. Entering the recipient’s mobile number or Payment ID to make a transfer, and always asking the famous question “Did you receive it?”
This is my user behaviour after I started using Whatsapp Pay:
No unwanted screenshots. Not wasting money on extra storage. No toggling between apps, directly transferring money without entering a mobile number or Payment ID and bye-bye to the famous question “Did you receive it”?
In other news… Say hello to DALL-E 2, the Picasso of AI
DALL-E (stylized as DALL·E) is an artificial intelligence program developed by OpenAI that creates digital images from textual descriptions. In other words, you don’t have to be Picasso because DALL-E acts like your personal genie that can bring to life any textual description of a picture.
Me: A chicken nugget smoking cigarettes in the rain
DALL-E: Your wish is my command
It was first released on January 5, 2021, and in April of this year, OpenAI said they’re currently working on the second version of the product i.e Dall-E 2, which they claim can provide a higher resolution, and better caption-matching, improved photorealism, and reduced harmful outputs. They also say that it can realistically edit and replace parts of a photo, a technique called Inpainting.
Here is a DALL-E 2 creation which was posted on OpenAI’s Twitter.
A very interesting video explaining DALL-E 2, its inner workings and more.
DALL-E 2 is still a work in progress but if you want to get early access, you can go ahead and join their waitlist!
And Twitter goes long-form. (FINALLY!!)
If you’re someone who finds it hard to cram your thoughts within Twitter’s 280-character limit, then you’re in luck cause Twitter has announced they’re testing a new Notes feature that can accommodate up to 2500 characters. This feature will allow its users to write using rich formatting and upload media as well. These Notes can then be tweeted and shared once they are published.
This feature is currently being tested with a small number of users in the USA, Canada, the UK and Ghana. So if you’re someone who has access, then you can create Twitter Notes from the “Write” link in Twitter’s navigation.
This could mean:
Less dependence on Twitter threads to share and express long thoughts.
Eliminating screenshots of your long-form content and then posting them on Twitter.
This feature may also be a competition to established blogging platforms like Medium or Substack’s newsletters.
What’s brewing on Zeda’s side? ☕
We all know it can be pretty daunting to start your own company, especially without a mentor. 😥
In this upcoming AMA, Prashant Mahajan and Pramod Rao will be sharing their stories of how they started their companies, the mistakes they made, what worked, what didn’t and more. They'd be happy to answer all your questions about startups, fundraising, team building, and many more.
P.S You might be wondering why our usual Saturday newsletter is suddenly going out on a Tuesday. Well, we weren’t sure which day of the week you liked receiving our newsletter, so we decided to test it, starting with a Tuesday. So if you could do us a favour by participating in the poll below, that would be amazing!
That’s all folks! Have something you want to share? Put them in the comments below and we’ll get back to you soon.
See you again next week! 🥂
It’s hard to explain what a Product Manager does, we get it. But you know what’s not that hard? Sharing this newsletter with your friends and colleagues!
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