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#422October 18, 20221:21:08

9 Business Ideas To Profit From The 2022 A.I. Gold Rush (Using D…

About This Episode

Sam and Shaan explore the massive shift from analytical 'left-brain' AI to creative 'right-brain' AI, showcasing tools that generate human-like audio, video, and text. They discuss specific opportunities to disrupt industries like interior design, music streaming, and product photography while highlighting the success of early AI pioneers like Jasper and Stability AI.

Episode Description

Episode 376: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk all things Artificial Intelligence: reaction to Joe Rogan's AI interview with Steve Jobs, AI in the workplace, new AI business ideas, AI Billy of the Week, and more. -----

Show Notes

  • 02:35- AI Interview
  • 20:20- Runway ML
  • 25:05- Interior AI
  • 42:20- AI in photography
  • 46:05- The real life Jarvis
  • 50:00- 2 ideas for AI: Therapy & Music
  • 57:45- Billy of the week: Emad Mostaque
  • ----
  • Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.
  • ----
  • Additional episodes you might enjoy:
  • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits
  • #209 Gary Vaynerchuk - Why NFTS Are the Future
  • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto
  • * #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett
  • ​​​​#218 - Why You Should Take a Think Week Like Bill Gates
  • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More
  • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

Links

  • * Podcast.ai
  • * Runway
  • * Interior AI
  • * Jasper
  • * copy.ai
  • * Huw Prosser
  • * Stable Diffusion
  • * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.
  • * Want more insights like MFM? Check out Shaan's newsletter.
  • -----

Key Takeaways

1

AI has transitioned from solving analytical puzzles like chess to mastering creative 'right-brain' tasks like art, music, and philosophical podcasting.

2

Successful early AI products don't need to be perfect; they just need to be 'great' at three specific high-value things to beat established competitors.

3

The biggest business opportunities lie in using AI to eliminate massive overhead costs in legacy processes like high-ticket sales, call centers, and commercial photography.

Business Ideas Mentioned

AI Therapy or Companion App

AI & Automation

AI Spotify Generative Music Platform

Content & Media

AI Product Photography for E-commerce

AI & Automation

AI Automated Sales and Call Centers

AI & Automation

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Quick Stats

Duration1:21:08
Guests0
Ideas Discussed4
Topics0