
š ChatGPT vs Julius AI: Who Analyzes Data Better?
Friendly Reminder: AI is not going to replace you. Someone using AI might.
How do we prevent that? Become good at using AI tools.
How do we become good at AI tools? Same way we get good at anything.
Practice. Time. Exposure.
Today, Iāll teach you what I learned analyzing 100,000+ data points with two popular data tools: ChatGPT & Julius AI. š
Data Analysis with ChatGPT
Youāre obviously probably familiar with ChatGPT. Itās the most famous AI tool. I used ChatGPT yesterday to help install a new security camera, create a cartoon (for this newsletter - stay tuned), and analyze data - all within 30 minutes
As of today, thereās two main ways to ādoā data analytics on ChatGPT. One is to ask ChatGPT what to do and how to do it, and then execute outside the ChatGPT platform.
For example, ābased on this data set, write an Excel formula that returns the average of column Fā. ChatGPT would then give you a formula, youād copy it, and paste it over to your local Excel file.
The other method is what used to be called the āAdvanced Data Analysis toolā but now is just clumsily unnamed and magically triggered if you prompt ChatGPT the right way. Here, ChatGPT does the analysis for you. No need to copy and paste anything - the answers will be computed & shown to you inside the ChatGPT platform.
In this case, ChatGPT creates Python scripts that analyze your data, executes the scripts in a secure environment, and shows you the results.
Data Analysis with Julius AI
You may not have heard about Julius AI before - thatās ok. Theyāre new & upcoming. Itās not a generic AI tool - itās specifically for data analytics. I donāt use Julius AI to create my half IRONMAN training plan, or to help me pick out my next camera lens (btw, new camera gets here in a week - Iām so excited to make more YouTube videos!). But I do use it to do data analysis.
Julius is a great data analysis AI tool. Simply upload your data set, ask questions in plain English, and get insights in seconds. Itās basically the equivalent of ChatGPTās āAdvanced Data Analysis toolā but faster and smarter. How?
Well, Julius is a platform built for only data analytics. ChatGPT is built for 1,000+ different use cases. Itās like the difference between a hatchet and a swiss army knife to cut a tree down. Could you do it with a swiss army knife? Probably - but itāll take you much longer than just using a tool designed for the job.
Not only is Julius a chat-based tool, but it also has built in notebooks similar to Jupyter Notebooks. It has a click-and-drag graph maker & data table explorer. Next, when using AI, you need to be able to trust the answers. Julius does a great job explaining what itās doing in each step in simple language. It also has better data visibility (itās easier to see the created code & tables).
The compute ability on Julius is much better than ChatGPT. For starters, you can ramp up your RAM and supercharge your analysis speed. You can also install complex Python packages on Julius (something you canāt do on ChatGPT).
And most importantly, itās just a little bit smarter as an AI analyst. It suggests things you might want to do next, it goes the extra mile in analysis, and has more customized settings & presets.
Simply, itās an AI tool built for data analysis. You should check it out - you can get started for free here.
A Simple Challenge For You
Itās one thing to read about how to analyze data with AI and another thing to see it. I recently recorded a video that show cases the differences between ChatGPT and Julius AI. You can watch that here.
But whatās better than seeing? Experiencing. Hereās my 5-step challenge for you: (takes 30 minutes)
Find a fun data set (use this guide to find one)
Upload it into ChatGPT
Upload it into Julius AI
Ask a few questions
Evaluate the results
I promise, youāll learn a lot!
The better you get at using AI to analyze data, the brighter your future as a data analyst
AI is a tool, not a threat.
Letās learn it together! āļø
p.s. I partnered with Julius AI to bring you this newsletter issue, but I genuinely enjoy using the tool and think you will too!