The Next Wave - AI and The Future of Technology

8 AI Business Ideas for Entrepreneurs to Pursue in 2024 ft. Siqi Chen

Sep 3, 2024

38:35

Snipd AI

Siqi Chen, a seasoned entrepreneur and CEO of Runway.com, shares insights on how AI can reshape business ventures in 2024. He discusses innovative AI tools for video production and explores solutions for automated email categorization. The conversation dives into exciting concepts like customized newsletters and AI technology enhancing social interactions through augmented reality. Siqi also touches on impressive AI art tools that generate endless images from prompts, revealing the vast potential of AI in personal and professional spheres.

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Quick takeaways

The podcast highlights innovative AI business ideas for 2024, such as AI tools that enhance both video production efficiency and personal video organization.

Ethical considerations and the evolution of traditional creative agencies are discussed in relation to the impact of AI on the business landscape.

Deep dives

AI Business Ideas Exploration

The episode focuses on innovative business ideas that utilize artificial intelligence, with the intention of inspiring listeners to think creatively and potentially launch new ventures. One standout idea discussed is the concept of creating a specialized studio for generating AI videos for movies and games. This proposal is likened to Weta Workshop, but with a twist that integrates AI technology for video production, making the process more efficient and accessible. The conversation unpacks the possibilities of advancing video production using AI while also raising questions about the future need for traditional agencies in such creative processes.

Streamline Your Inbox with Smart Filters

01:49

Harness Automation to Streamline Insights

01:18

Intro

2min

Innovating AI in Video Production and Email Management

10min

Navigating Email Management Challenges with AI

3min

Innovative Tech for Personalization

10min

Infinte Exploration in AI Art Generation

2min

Evolving Coding Education and AI Relationships

10min

Episode 22: How can AI revolutionize business ideas in 2024? Matt Wolfe (https://x.com/mreflow) and Nathan Lands (https://x.com/NathanLands) are joined by Siqi Chen (https://x.com/blader), CEO of Runway.com and a seasoned entrepreneur and investor in AI-related ventures.

This episode delves into innovative AI business ideas that entrepreneurs can pursue in 2024. Siqi shares his insights on professional-grade AI tools for video production, the use of generative models, the impact of augmented reality, the potential ethical concerns, and unique concepts like AI email categorization systems. The discussion is light and conversational, touching on practical applications and futuristic ideas alike.

Check out The Next Wave YouTube Channel if you want to see Matt and Nathan on screen: https://lnk.to/thenextwavepd

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Show Notes:

(00:00)Entertaining conversation about business ideas and creativity.
(04:27) AI as a tool for thought, not doing.
(09:50) Automatically categorizing emails based on specific criteria.
(12:59) Custom newsletter curates content from various sources.
(16:18) Brilliant Labs offers camera glasses with display.
(17:08) Remember people's faces with AI image recognition.
(21:12) Create hallucinated Wikipedia through generative model.
(23:36) AI art tool generates infinite images from prompts.
(29:18) Creating AI girlfriends through realistic interaction tech.
(32:23) AI connecting people through incentives and apps.
(34:25) Encouraging audience to subscribe and tune in.

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Mentions:

Get the free ChatGPT Bundle here https://clickhubspot.com/chatgpt
Siqi Chen: https://www.linkedin.com/in/siqic/
Runway: https://runway.com/
Sanebox: https://www.sanebox.com/
Superhuman: https://superhuman.com/
Feedly: https://feedly.com/
Jellypod: https://jellypod.ai/

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Check Out Matt’s Stuff:

• Future Tools - https://futuretools.beehiiv.com/

• Blog - https://www.mattwolfe.com/

• YouTube- https://www.youtube.com/@mreflow

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Check Out Nathan's Stuff:

Newsletter: https://news.lore.com/
Blog - https://lore.com/

The Next Wave is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Darren Clarke // Editing by Ezra Bakker Trupiano

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The Next Wave - AI and The Future of Technology

8 AI Business Ideas for Entrepreneurs to Pursue in 2024 ft. Siqi Chen