We are in the midst of an AI revolution. AI models like ChatGPT, DALL-E, and Midjourney are rapidly transforming our daily lives and business environments. AI has evolved from being just a technology to becoming a key driver of future business. So, what kind of business can you start with AI?
Today, we introduce seven future AI business ideas recommended by AI investment expert Sarah Guo. These ideas are not mere imaginations; they are actual business models that are either already successful or have great potential.
1. Your Personal Seller: AI-Powered Dedicated Seller
This business idea involves an AI system that assists sellers on e-commerce platforms, acting as a dedicated employee for each seller.
The features range from product listing optimization and pricing to inventory management. For example, Shopify’s ‘Shopify Magic’ and Square’s ‘Square Assistant’ already offer AI-based selling support tools. However, there is still room for this technology to advance. Over time, more companies will enter this field, developing comprehensive and powerful AI selling support systems.
2. Next Gen Auto-Complete: Advanced Auto-Completion System
This technology takes the existing auto-complete feature to the next level by learning the user’s writing style and completing texts in their unique ‘voice.’ It not only saves time but also enhances creativity and uniqueness while boosting productivity.
For instance, Superhuman, an email service, uses AI to analyze the user’s past emails and suggests frequently used phrases or greetings. Such technology is expected to be adopted in more writing tools, applicable across various fields from business email writing to marketing content creation.
3. AI Voice Assistant: A Smarter Personal Assistant
Current AI voice assistants can only respond to simple commands or questions, but new AI voice assistants are capable of handling more complex and contextual conversations. They provide personalized services by considering the user’s schedule, preferences, and past behavior patterns.
For example, they could be used in restaurant or hospital phone response systems, providing appropriate answers to customer inquiries and even making reservations. Additionally, as a personal assistant, they can manage the user’s schedule and organize emails.
4. AI Interior Design: Personalized Interior Solutions
This service offers personalized interior design using AI. Users can quickly and easily compare various options, and AI can offer diverse and creative suggestions.
Platforms like Archi AI, Decorilla, Planner 5D, and RoomSketcher already provide AI interior design services. They use AI algorithms to learn user preferences, offering more personalized design experiences. In the future, such AI tools will inspire more people with design ideas and save time.
5. AI Profile Photo: Affordable Professional-Level Profile Photos
This service uses AI to create professional-level profile photos. Users upload multiple selfies or everyday photos, and AI analyzes them to select the best shot and retouch it to professional standards.
Startups like Dreamcatcher AI and Profilepicture.ai are already offering such services. As the importance of profile photos grows, this service can be used by both individuals and businesses.
6. AI Companions: Virtual Friends to Combat Loneliness
AI Companions are virtual friends or partners that can converse and interact with users. These AI companions learn the user’s personality, interests, and emotional state to engage in personalized conversations.
Such services are already offered by platforms like Replika, and as users become more comfortable interacting with AI, the market potential is growing. However, ethical concerns and worries about user dependence on AI are also rising, necessitating discussions around these issues.
7. AI Video Creation: Turning Text into Video
AI video creation technology generates videos based on descriptions of desired scenes or scenarios. This technology could bring significant changes to the film and TV industries. For instance, Synthesia has created a virtual news anchor using AI, and Runway has developed tools that allow editing or creating videos with text.
This technology is expected to play a larger role in video content production in the future. However, challenges such as copyright issues with AI-generated content and potential job losses among actors and production crews will also need to be addressed.
Conclusion
The seven AI business ideas introduced by Sarah Guo all have the potential to make our daily lives more convenient and efficient. However, AI is just a tool. How we use it will determine the quality of our lives. We must understand AI well, use it ethically, and continue to develop the creativity and emotions that are uniquely human.