5 ideas for your own AI grift with ChatGPT

Summary

This video script discusses the burgeoning AI industry, suggesting that developers should either build AI-driven apps or risk being left behind. It highlights the potential of AI tools like OpenAI's GPT models and the opportunities they present for creating innovative applications. The script also touches on the risks of rapid technological change, the dominance of big tech, and the ethical concerns surrounding AI, such as scams and deep fakes. It concludes with a humorous take on the idea of living forever through AI clones.

Takeaways

• 🚀 The current AI landscape is being compared to a gold rush, with many developers rushing to build AI applications and capitalize on the trend.
• 💡 OpenAI's ChatGPT is a significant player in the AI field, based on the auto-regressive language model GPT-3, which is set to be outperformed by the upcoming GPT-4 with a massive increase in parameters.
• 💼 There's a surge of venture capital (VC) funding flowing into AI startups, indicating a strong business interest and potential for financial gain in the AI sector.
• 🛠️ Building AI apps can be made accessible with the right tools and platforms, such as OpenAI's API, which allows developers to leverage advanced AI models without extensive deep learning expertise.
• 🎯 Specialized use cases, like video-to-blog apps or AI-generated voices, are highlighted as potential areas for innovation and business opportunities within the AI space.
• 🌐 The availability of AI models from various sources, including Google's DeepMind and open-source models like Bloom, provides alternatives to OpenAI and encourages a diverse ecosystem of AI solutions.
• 💡 ML Ops tools and platforms, such as Google's Vertex AI and Hugging Face, streamline the process of turning raw data into deployable AI models, making it easier for developers to build and launch AI applications.
• 📈 There's a strong emphasis on finding niche applications for AI, as demonstrated by startups like Play.ht and Bead Oven, which offer unique services like voice cloning and generative music.
• 🌐 AI is being integrated into various aspects of business, from customer support with AI chatbots to enhancing traditional business models with AI capabilities.
• ⚠️ The rapid advancement of AI technology poses risks, including the potential for obsolescence of current ideas and the dominance of big tech companies in the AI space.
• 🔮 The script concludes with a speculative but intriguing look at the future of AI, suggesting possibilities like digital immortality and the ethical considerations surrounding AI-generated content.

Q & A

What is the main theme of the video script?

The main theme of the video script is the current and potential impact of artificial intelligence, particularly AI-driven apps, on various industries and business opportunities. It discusses the technological advancements, the gold rush of developers entering the AI field, and the various ways AI can be leveraged to create value.

What is the significance of the 'stampede of developers' mentioned in the script?

The 'stampede of developers' signifies the rapid influx of programmers and developers into the AI field, driven by the potential for significant technological advancements and financial gain, much like the historical gold rush.

How does the script describe the role of OpenAI in the AI industry?

The script describes OpenAI as a key player in the AI industry, particularly with the creation of ChatGPT, which is based on the auto-regressive language model GPT-3. It also mentions the upcoming GPT-4 and suggests that OpenAI's technology is available for use through paid APIs and on Azure cloud.

What is the 'shovel' analogy used in the script, and what does it imply?

The 'shovel' analogy refers to the idea that during a gold rush, it's often more profitable to sell the tools (shovels) needed to mine gold rather than trying to mine gold oneself. In the context of AI, the script suggests that providing tools and services to AI developers and startups could be a lucrative business model.

What are some of the AI use cases mentioned in the script?

The script mentions several AI use cases including video transcription and blog post generation, AI-generated headers, unique image generation for blog posts, voice cloning, AI-generated music, resume analysis, and AI-assisted customer support.

How does the script suggest one could build an AI app?

The script suggests that one could build an AI app by using the right tools and APIs, such as OpenAI's GPT for text generation, Whisper for transcription, and other generative models for specific tasks. It also mentions the importance of finding a specialized use case and building a focused solution.

What is the technological singularity mentioned in the script, and what does it imply?

The technological singularity refers to a hypothetical point in the future when artificial intelligence surpasses human intelligence, leading to rapid technological growth that may be difficult to predict or control. The script humorously suggests that this could result in humanity being enslaved or exterminated.

What are some of the potential dark sides of AI mentioned in the script?

The script mentions several potential dark sides of AI, including the rapid obsolescence of ideas, the dominance of big tech companies in the field, the potential for AI to be harnessed for scams, and the ethical concerns surrounding deep fakes and the digital replication of individuals.

How does the script suggest one could make money from AI?

The script suggests various ways to make money from AI, such as building specialized AI apps, offering AI services to enterprises and governments, leveraging generative AI for creative tasks, and even creating AI clones of individuals for continued digital existence.

What is the significance of the 'build in public' strategy mentioned in the script?

The 'build in public' strategy refers to openly developing and showcasing a project, which can help attract attention and potentially go viral. The script uses 'restorephotos.io' as an example of a project that gained significant user traction due to its public development and straightforward solution to a problem.

Outlines

00:00

🤖 The AI Gold Rush: Building AI-Driven Apps

The video script discusses the current surge in AI development, comparing it to the historical gold rush. It emphasizes the potential of AI to revolutionize industries and the importance of positioning oneself to benefit from this technological shift. The script introduces the concept of 'selling shovels' during a gold rush, suggesting that providing tools and services to AI developers can be a profitable strategy. It highlights OpenAI's GPT models, particularly the upcoming GPT-4 with its massive parameter count, and discusses the possibility of AI reaching a peak with deep learning. The video also explores various AI applications, such as video transcription and blog post generation, and suggests that with the right tools and imagination, even small teams can create impactful AI apps. The script concludes by encouraging viewers to consider the business opportunities in AI, including specialized use cases and the potential for AI to transform existing business models.

05:00

🚀 Leveraging AI for Business Disruption

This paragraph delves into the practical applications of AI in business, suggesting that even simple AI implementations can be marketed as disruptive technologies. It mentions the use of AI in customer support and the potential for AI to replace traditional roles with more efficient solutions. The script also touches on the dark side of AI, including the risk of obsolescence due to rapid technological advancements and the dominance of big tech companies in the AI space. It warns of the potential for AI to be misused by scammers, who could exploit AI-generated content for fraudulent purposes. However, it also presents a positive outlook, suggesting that AI could enable a form of digital immortality, allowing individuals to continue contributing to society even after their physical death. The video concludes with a humorous yet thought-provoking idea of creating a service that clones a person's persona and uploads it to a lifelike robotic doll, emphasizing the vast potential of AI to reshape our future.

Keywords

💡AI

AI, or Artificial Intelligence, refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. In the video, AI is central to the discussion on the technological advancements and business opportunities it presents. Examples include AI-driven apps and the use of AI in customer support.

💡ChatGPT

ChatGPT is a type of auto-regressive language model developed by OpenAI, which has the ability to generate human-like text based on the input it receives. The video mentions ChatGPT as an example of how AI can be used to create impressive applications, indicating a shift towards an 'artificial intelligence age'.

💡GPT-3

GPT-3, or Generative Pre-trained Transformer 3, is a language model with 175 billion parameters trained to generate human-like text. It is highlighted in the video as a significant technological milestone, with the anticipation of its successor, GPT-4, which is expected to have an even more profound impact.

💡Deep Learning

Deep Learning is a subset of machine learning that uses neural networks with many layers, or 'deep' architectures, to model and understand data. The video suggests that we may have reached the peak of what is possible with deep learning, particularly in the context of AI models like GPT-3.

💡ML Ops

ML Ops refers to the practices, processes, and tools that enable the deployment and monitoring of machine learning models in production. The video discusses how ML Ops tools can handle the entire lifecycle of machine learning models, from data processing to deployment, which is crucial for building AI-driven applications.

💡API

An API, or Application Programming Interface, is a set of rules and protocols for building and interacting with software applications. The video mentions that OpenAI's technology is available via a paid API, which allows developers to integrate advanced AI capabilities into their own applications.

💡Shovel Salesman

In the context of the video, 'shovel salesman' is a metaphor for those who provide tools or services that enable others to capitalize on a gold rush or a new opportunity. The video suggests that during the AI gold rush, selling 'shovels'—tools or services that help developers build AI apps—can be a profitable business strategy.

💡Enterprise

Enterprise refers to large businesses or organizations that often have complex needs and the resources to invest in advanced technologies. The video suggests that selling AI solutions to enterprises and governments can be a lucrative market, as they are often willing to pay for tools that can save costs or improve efficiency.

💡Deep Fakes

Deep fakes are synthetic media in which a person's likeness or voice is replaced with a realistic but fake version. The video touches on the potential dark side of AI, where deep fakes could be used for scams or misinformation, blurring the line between reality and fabrication.

💡Generative AI

Generative AI refers to AI systems that can create new content, such as images, music, or text, from scratch. The video discusses how generative AI is being used to create unique content, such as custom voices or background music, and how it represents a significant opportunity for innovation and business.

Highlights

The rapid development of AI is causing a technological shift, much like the advent of the motor car did in the past.

Developers are rushing to capitalize on AI, similar to the gold rush of the past.

AI startups are attracting significant venture capital investment.

OpenAI's GPT models, particularly GPT-3 and the upcoming GPT-4, are setting new standards in AI capabilities.

GPT-4 is anticipated to have 100 trillion parameters, a massive leap from GPT-3's 175 billion.

Despite skepticism, the potential of AI is vast, with some speculating we are nearing a technological singularity.

Building your own AI model is challenging due to the resources required, but APIs like OpenAI's offer accessible solutions.

AI applications can be developed by small teams or individuals, as demonstrated by the video-to-blog post app concept.

Open source models like Bloom provide alternatives to proprietary AI technologies.

ML Ops tools are essential for transforming data into deployable AI models, with platforms like Google's Vertex AI facilitating this process.

Specialized AI services, such as custom AI-generated voices or resume analysis, can be niche market opportunities.

Building in public can lead to viral business success, as seen with restorephotos.io.

AI can be integrated into existing business models to create a disruptive appearance, even if the underlying technology is traditional.

Enterprise and government sectors offer lucrative markets for AI applications, with potential for significant cost savings.

Chatbots are becoming a critical component of customer support, with AI companies like Moveworks bridging the integration gap.

The future of AI presents both opportunities and challenges, including the risk of obsolescence and the dominance of big tech.

AI technology may be exploited for malicious purposes, such as scams, raising ethical and security concerns.

Generative AI could enable a form of digital immortality, where one's persona continues posthumously.

Transcripts

if you're not already building an AI

Focus side hustle you are behind the

curve chat GPT freaked programmers out

in the same way the Ben's motor car

freaked horses out 150 years ago it

could be all hype or it could be a

paradigm shift into the artificial

intelligence age either way if you

listen carefully you can hear a stampede

of developers in the background getting

in on the next technological gold rush

but like I've said before during a gold

rush sell shovels if you want to make

money this video is my free shovel to

you where we'll take a realistic look at

how to build AI driven apps from both

Technical and business perspectives

there's a lot of VC money flowing into

AI startups right now we'll examine them

to see how their attack is implemented

and how they plan on making money and

you might be surprised at how easy it

actually is to build an AI app when

using the right tools the ultimate

shovel salesman is open AI the creators

of chatgpt which is based on an auto

regressive language model called gpt3 or

technically 3.5 by now we all know how

impressive it is but what's crazy is

gpt4s around the corner gpt3 is trained

on an unprecedented 175 billion

parameters but that's absolutely dwarfed

by gpt4 with 100 trillion parameters

maybe we've reached the peak of what is

possible with deep learning and gpt4 is

a nothing Burger openai CEO says you'll

be disappointed but maybe that's what he

wants you to think because he knows the

technological singularity is near in

which all of humanity is enslaved or

exterminated either way the only thing

that really matters in life is that we

make some mother effing money one idea

you might have is to build your own

Superior GPT model but that's an idea I

would describe as complete you're up

against a company with the smartest

people in the world that's received

billions of dollars in funding from

companies like Microsoft if you can't

beat them join them their technology is

available via a paid API and just

recently became available on Azure cloud

and there's all kinds of use cases if

you use your imagination one example is

video tap it which takes a video as an

input and converts it into a blog post

by transcribing it and using AI to

generate headers automatically an app

like this could be accomplished by an

independent developer or small team you

could use openai whisper to do the

transcription GPT to generate the

headers and you could even throw in

something like dolly to generate unique

images for the blog post now I realized

five seconds ago I said you can't

compete with open AI but don't listen to

haters like me GPT is not the only game

in town you have Deep Mind from Google

with other language models like

chinchilla and alphaco that's been out

there winning coding competitions and

there's also open source language models

like Bloom if you have access to a lot

of high quality data it is possible you

could train your own predictive model

then offer it as a service the process

of turning raw data into an actual

deployed machine learning model is

called ml Ops tools on Google cloud like

vertex AI handle every step of the

process they ingest and process data

they train and evaluate models and then

deploy them to serverless infrastructure

where you can actually use them in an

app in addition there are tools like

hugging face that provides ml Ops as a

service but they provide thousands of

Open Source pre-trained models that you

can use as a starting point most

importantly you'll want to get really

good at some kind of a specialized use

case an example that comes to mind is

play.ht which can create custom AI

generated voices they have an entire

fake podcast between Joe Rogan and Steve

Jobs jobs and for all you know my voice

can be entirely AI generated right now

you can clone your own voice it is crazy

good uh it's not my name is Jeff but I

did look into it and it cost tens of

thousands of dollars to get your voice

cloned which is understandable because

there's very few companies that can

actually offer this service at a high

level at least in today's world another

crazy example is bead oven which I'm

using right now to generate this

inappropriately tense background music

it combines generative AI with real

music to create unique music or how

about resume worded a tool that can

analyze your resume and Linkedin profile

if you never learn to read good or write

good AI can now do all the heavy lifting

and I guarantee you there are developers

right now building AI apps that will

help kids cheat on their homework at the

same time other developers are building

tools to prevent AI cheating by using AI

there's a ton of different angles to

make money here no matter what you

decide to build it's a good idea to

build in public which can sometimes make

your business go viral that's exactly

what happened with restorephotos.io it's

a simple next.js app that was launched a

few weeks ago and already has over 40

000 users what I love about it is that

it solves one simple problem you upload

a grainy photo then it uses AI to

restore it to a high resolution photo

the code is all open source and as you

can see here it uses an API called

replicate to perform the image

transformation with an open source

machine learning model in this case the

model is gfpgan but there are many other

models to choose from the key here is to

find a problem then create a no-nonsense

highly focused solution for it then

finally do some kind of tick tock dance

while using it to make it go viral

another potential way to make money is

to slap the label of artificial

intelligence on an existing business

model that already Works we've already

seen many companies do that in recent

years the like McDonald's going fully

automated which is great because it

means no unwanted reproductive fluids in

your Big Mac or like upstart an AI

lending platform that uses machine

learning or a fancy way of doing

statistics to lend money on more factors

than just the credit score its IPO

investors are currently holding the bag

for a 90 loss but its early investors

got rich you could build an app like

this yourself without even using deep

learning you just need like 10 lines of

python code to run a regression on the

input data then boom you're now an AI

lending platform assuming you also own

your own bank the takeaway here is that

you can use the artificial intelligence

label to make your business look

disruptive even if it's running a grip

that's been around forever now if you

really want to make a lot of money don't

look around at other cheap poor people

like yourself instead sell to Enterprise

and government finish this sentence

blank.ai provides a tool that will save

your company 70 per year in blank costs

congratulations you just wrote a pitch

for the next AI unicorn startup the

blank might be something like shipping

Logistics Talent recruitment or business

presentations as is the case with

present.ai this startup will take a

company's branding and marketing assets

and automatically create tons of slide

templates for business presentations I

have no idea what their Tech looks like

under the hood but it looks like a use

case for generative image models or

tools that can take text as a prompt and

return images as a result one of the

most impressive Tools in this space is

mid-journey you can use the beta by

going to their Discord and ask for

something like a business presentation

for my oil and gas company the result

you get back looks like something

produced by a talented human generative

AI is so hot right now but there's just

as much if not more opportunity in

natural language processing another huge

cost for Enterprise is customer support

chat EPT has made it clear that customer

support jobs will largely go to AI in

the coming years however the average

company has no idea how to integrate

this technology into their business move

works is just one of the companies that

is bridging this Gap they build AI chat

Bots that integrate with your entire

Tech stack they can solve problems

faster and cheaper than a human could

ever dream of there are tools like AWS

Lex and Google dialog flow that you can

use to build chat Bots right now they

can handle business Logic on the back

end with web Hooks and can be integrated

with gpt3 to provide unique human-like

interactions as you can see there are

going to be tons of opportunities in the

next few years for ambitious and clever

developers however there is a dark side

to all of this the technology is moving

so fast that an idea that might look

like a guaranteed success today turns

out to be completely obsolete a year

from now in addition the sad reality is

that big Tech is going to absolutely

dominate this space they have all the

data and computing power required to

really push this technology forward it's

really hard for me to compete with my

Intel Pentium processor from my mom's

basement even if you do manage to build

a game changer Zuckerberg is just going

to steal it anyway another Dark Side to

AI is that this technology will likely

be harnessed by scammers it's actually

pretty scary someone could clone my

voice based on all my YouTube videos

then call my Grandma and tell her I got

arrested in Mexico and that she needs to

transfer some Bitcoin over to get me out

not cool to scare my grandma like that

man also at one point or another

everybody has wired money over to their

long-lost Nigerian prince relative only

to be disappointed when that big

inheritance never comes through scams

like this are only going to get better

we can scale them up by using tools like

chat GPT to automatically format letters

in proper English well actually upon

testing I guess scam emails are not

allowed in addition you could even

Target a specific person and combine

their face with some real Nigerian

prince so the target actually sees a

long lost relative with resemblance to

their own face we're entering a Brave

New World where it's going to be very

difficult to distinguish fakery from

reality deep fakes have been around for

a while but they're only going to get

better big companies that have all your

data know everything about you they know

what you read how you write how you look

and how you act and they've been using

that data to serve you advertisements

but nowadays with generative AI they

quite literally have the ability to

become you in the digital sense sounds

creepy but the good news is that we can

use this technology to live forever even

if I get smashed by an elephant or fall

into a volcano I will continue making

these YouTube videos because the

artificial me will be indistinguishable

nay superior to the real me and won't

make silly typos not only will I

continue working but I will continue to

raise my family and the metaverse and

not just my kids but their kids and then

their kids because I will be the Apex

Alpha artificial Grandpa the first of

its kind they could even upload me to a

lifelike robotic doll so my wife and

kids never even know I died that's

actually a great business idea create a

company that clones a person's Persona

uploads it to a doll that is

automatically deployed when that

person's organic form terminates that

may sound crazy but it's within the

realm of possibility in our lifetimes

thanks for watching and I will see you

forever and ever until the end of time