My First Million – AI Business Ideas: Deepfake Fines, $5 Therapists & AI Tutors

Intro

In this episode of the “My First Million” podcast, the speaker shares 10 AI business ideas that range from simple to game-changing. With experience in entrepreneurship, idea generation, and investing in the AI space, the speaker hopes to inspire listeners to take these ideas and run with them. From deepfake fines to $5 therapists and AI tutors, this episode explores the potential of AI in various industries.

Main Takeaways

AI Business Ideas

• Shepherd: A company that finds employees overseas for 80% less than hiring in the US.
• Same Day: An AI phone agent that replies to customers who call right away, improving customer service and conversion rates.
• AI Therapy: Making therapy more accessible by using AI therapists trained on millions of hours of therapy conversations.
• AI Warehousing: Exporting robotic warehousing systems to other companies for increased efficiency.
• AI Consulting: Building a successful AI consulting business by combining conferences, content, and consulting services.
• Deepfake Licensing: Creating a digital likeness license to partner with celebrities and monetize deepfake technology.
• AI Tutors: Using AI to explain homework and teach people, similar to Khan Academy videos.
• AI Accent Removal: Improving customer service experiences by making call center representatives sound like they are from the same region as the customer.
• AI Personalized Porn: Creating personalized porn experiences using AI technology.
• AI Conferences: Exploring the opportunity of creating AI conferences for various industries.

Summary

AI Business Ideas

The speaker presents 10 AI business ideas, ranging from cost-saving solutions to disruptive innovations. Shepherd, a company that finds employees overseas for a fraction of the cost, highlights the potential of outsourcing with AI. Same Day utilizes an AI phone agent to improve customer service and boost conversion rates. AI Therapy aims to make therapy more accessible by leveraging AI therapists trained on vast amounts of therapy conversations. AI Warehousing offers an opportunity to export robotic warehousing systems to other companies. AI Consulting combines conferences, content, and consulting to build a successful AI consulting business. Deepfake Licensing explores the monetization of deepfake technology through digital likeness licenses. AI Tutors use AI to explain homework and teach people, similar to Khan Academy videos. AI Accent Removal improves customer service by making call center representatives sound like locals. AI Personalized Porn offers infinite personalization and ethical alternatives to traditional porn. AI Conferences present opportunities to explore the potential of AI in various industries.

AI’s Impact on Industries

AI has the potential to revolutionize various industries. In healthcare, AI can improve diagnosis and treatment, leading to more effective healthcare outcomes. It can optimize energy usage and reduce waste, contributing to efforts in addressing climate change. AI can personalize learning and provide accessible resources, enhancing education. Additionally, AI can provide new tools for artists and designers, fostering creativity. The focus should be on how AI can improve people’s lives rather than solely on safety and ethics concerns.

Conclusion

AI presents numerous opportunities for entrepreneurs and businesses. From cost-saving solutions to disruptive innovations, the potential of AI in various industries is vast. By embracing AI and exploring its applications, entrepreneurs can tap into the next wave of digital intelligence and create impactful businesses that improve people’s lives.