How To Get Ahead of 99% of Businesses Using A.I.

Last updated: Jul 30, 2023

This video is about how to leverage AI to get ahead of 99% of businesses and make more money by adding value in industries where AI is already starting to have an impact, such as the gaming and entertainment industries.

This video by Adam Erhart was published on May 24, 2023.
Video length: 14:26.

This video is about how to get ahead of 99% of businesses using AI.

The speaker discusses the growing power and potential dangers of AI and presents two choices: ignore it or take advantage of the opportunity it presents. The video emphasizes that simply acting as a middleman for AI software is not a sustainable business model, as people can easily do it themselves. Instead, the speaker suggests looking for industries where AI is starting to make an impact and finding ways to add value using AI. The gaming and entertainment industries are highlighted as examples, where AI can be used to create unique gaming experiences, generate scripts, and predict successful projects.

The video concludes by acknowledging the overwhelming nature of AI technology but emphasizes the importance of understanding that not all AI is equal.

  • AI is becoming bigger, more powerful, and more dangerous.
  • There are two choices: ignore it or take advantage of the opportunity.
  • Bad advice on how to get rich using AI won't work.
  • AI Arbitrage is not a unique or valuable business model.
  • Industries where AI is already making an impact should be explored.
  • AI has limitations and cannot replace human skills like creative thinking and problem-solving.
  • Industries that can be easily described and automated by AI are at risk.
  • Look for industries where AI is starting to have an impact.
  • Find ways to add value using AI in these industries.
  • Consider industries that are growing, have market demand, and existing competition.
  • The gaming industry is booming and estimated to be worth $321 billion by 2026.
  • AI can be used to create unique gaming experiences and personalize gameplay.
  • AI can generate scripts and screenplays for movies and TV shows.
  • AI algorithms can help predict successful projects in the entertainment industry.
  • Apply AI skills to other opportunities within the entertainment industry.
  • Not all AI is created equal, and it's easy to feel overwhelmed.
  • Not all AI technologies or software will change the world.
  • Explore new AI technologies and software with caution.
  • Understand the different types of AI and their capabilities.
  • Focus on leveraging AI in industries where it can add value.
  • You can help businesses optimize their operations and develop new products and services using AI.
  • The consulting industry is forecasted to be worth $243 billion by 2027.
  • Specialize in an industry you're passionate about and offer tailored AI consulting services.
  • Provide AI training and development programs to businesses.
  • Help companies tackle their biggest challenges by offering your expertise in AI.
  • AI can help you create high-quality, personalized, and engaging content at scale.
  • Generative AI can assist in creating content more efficiently.
  • HubSpot offers a free guide on using generative AI to scale content operations.
  • The guide covers different types of content AI tools, writing prompts, and using AI in content creation workflows.
  • Learn about the benefits and potential risks of using AI-generated content.
  • The online education industry is estimated to reach a value of $198.9 billion by 2030.
  • Create courses, workshops, or training programs on AI and machine learning.
  • Offer industry-specific AI solutions and programs.
  • Teach AI-specific skills like machine learning, natural language processing, and computer vision.
  • Share your knowledge and help others understand AI.
  • Focus your experience and passion towards creating your own AI-powered product or service.
  • This option requires more work and investment but has the potential for high payoff.
  • Consider the potential market and demand for AI-powered products or services.
  • Identify a problem or need that can be solved using AI technology.
  • Develop a unique and innovative AI solution to address the problem or need.

How To Get Ahead of 99% of Businesses Using A.I. - YouTube

How To Get Ahead of 99% of Businesses Using A.I. 001

Introduction

  • AI is becoming bigger, more powerful, and more dangerous.
  • There are two choices: ignore it or take advantage of the opportunity.
  • Bad advice on how to get rich using AI won't work.
  • AI Arbitrage is not a unique or valuable business model.
  • Industries where AI is already making an impact should be explored.
How To Get Ahead of 99% of Businesses Using A.I. 002

The Limitations of AI

  • AI has limitations and cannot replace human skills like creative thinking and problem-solving.
  • Industries that can be easily described and automated by AI are at risk.
  • Look for industries where AI is starting to have an impact.
  • Find ways to add value using AI in these industries.
  • Consider industries that are growing, have market demand, and existing competition.
How To Get Ahead of 99% of Businesses Using A.I. 004

Gaming and Entertainment Industries

  • The gaming industry is booming and estimated to be worth $321 billion by 2026.
  • AI can be used to create unique gaming experiences and personalize gameplay.
  • AI can generate scripts and screenplays for movies and TV shows.
  • AI algorithms can help predict successful projects in the entertainment industry.
  • Apply AI skills to other opportunities within the entertainment industry.
How To Get Ahead of 99% of Businesses Using A.I. 005

How To Get Ahead of 99% of Businesses Using A.I. - YouTube

The Overwhelming AI Landscape

  • Not all AI is created equal, and it's easy to feel overwhelmed.
  • Not all AI technologies or software will change the world.
  • Explore new AI technologies and software with caution.
  • Understand the different types of AI and their capabilities.
  • Focus on leveraging AI in industries where it can add value.
How To Get Ahead of 99% of Businesses Using A.I. 007

Offer AI Consulting Services

  • You can help businesses optimize their operations and develop new products and services using AI.
  • The consulting industry is forecasted to be worth $243 billion by 2027.
  • Specialize in an industry you're passionate about and offer tailored AI consulting services.
  • Provide AI training and development programs to businesses.
  • Help companies tackle their biggest challenges by offering your expertise in AI.
How To Get Ahead of 99% of Businesses Using A.I. 008

Use AI to Scale Content Operations

  • AI can help you create high-quality, personalized, and engaging content at scale.
  • Generative AI can assist in creating content more efficiently.
  • HubSpot offers a free guide on using generative AI to scale content operations.
  • The guide covers different types of content AI tools, writing prompts, and using AI in content creation workflows.
  • Learn about the benefits and potential risks of using AI-generated content.
How To Get Ahead of 99% of Businesses Using A.I. 009

Get Involved in AI Education

  • The online education industry is estimated to reach a value of $198.9 billion by 2030.
  • Create courses, workshops, or training programs on AI and machine learning.
  • Offer industry-specific AI solutions and programs.
  • Teach AI-specific skills like machine learning, natural language processing, and computer vision.
  • Share your knowledge and help others understand AI.
How To Get Ahead of 99% of Businesses Using A.I. 011

Create an AI-Powered Product or Service

  • Focus your experience and passion towards creating your own AI-powered product or service.
  • This option requires more work and investment but has the potential for high payoff.
  • Consider the potential market and demand for AI-powered products or services.
  • Identify a problem or need that can be solved using AI technology.
  • Develop a unique and innovative AI solution to address the problem or need.
How To Get Ahead of 99% of Businesses Using A.I. 012

Identifying a Problem and Building an AI Solution

  • Step one is to identify a specific problem or need in the market.
  • Step two is to build an AI-driven solution that helps people or businesses work more efficiently, effectively, or conveniently.
  • Potential payouts can be in the millions or even billions.
  • Examples of successful AI-driven solutions include DeepCube, Innovize, and Blue Yonder.
  • Ideas for AI-powered products include smart devices, custom virtual assistants, and data analytics services.
  • An alternative is to familiarize yourself with existing AI companies and invest in them.
How To Get Ahead of 99% of Businesses Using A.I. 014

Investing in AI Startups

  • Research and due diligence are crucial in identifying promising AI startups.
  • Stay up to date with industry trends and advancements in AI.
  • Invest in startups that offer cutting-edge solutions, not just cookie-cutter rip-offs.
  • Diversify your portfolio by investing in multiple AI startups to mitigate risk.
  • Startup investing is inherently risky, with a failure rate of 90%.
  • Consider investing in AI startups focused on environmental sustainability for a potentially better fit.

Watch the video on YouTube:
How To Get Ahead of 99% of Businesses Using A.I. - YouTube

Related summaries of videos: