10 AI Business Ideas From The Queen of AI ft. Sarah Guo

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

🗓️ 24 July 2024

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 612: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk to Sarah Guo ( https://x.com/saranormous ) about the Ai ideas she thinks could be $1B swings. — Show Notes: (0:00) Intro (4:00) IDEA: AI companions (16:00) IDEA: AI interior design / professional headshots (22:30) IDEA: A richer version of The Sims (25:00) The speedy way to do this if you're non-technical (27:00) IDEA: Your Personal Seller (32:00) IDEA: Generative Voice API for service providers, SMBs, restaurants (38:00) IDEA: Next Gen Auto-Fill (40:00) Software 3.0--what's coming (42:00) Boring verticals fertile for AI: Legal and medical (44:00) Ask: What's already being outsourced? (47:00) Ripe for disruption: energy storage, chips, (49:00) “Ai's $600B Question” (52:00) Sarah Reacts: Doomsday scenarios in Ai (56:30) If you're 22, hungry and optimistic, go west — Links: • Sarah Guo - https://sarahguo.com/ • Conviction - https://www.conviction.com/ • Replika - https://replika.com/ • Character.ai - https://character.ai/ • HeyGen - https://www.heygen.com/ • Icon - https://icon.me/ • Arcads - https://www.arcads.ai/ • Interior AI - https://interiorai.com/ • Aragon - https://aragon.ai/ • Chatbot App - https://chatbotapp.ai/ • Cartesia - https://cartesia.ai/ • Somewhere - https://www.somewhere.com/ • AI’s $600B Question - https://www.sequoiacap.com/article/ais-600b-question/ • Eureka Labs - https://eurekalabs.ai/ • Conviction Embed - https://embed.conviction.com/ — Check Out Shaan's Stuff: Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

Transcript

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0:00.0	I think it is worth talking about the fact that there are ways to make a million bucks and then like ways to make a million bucks that could turn into a billion bucks, right?
0:07.1	And I think we should talk about both.
0:08.8	Ah, are we here, do we hit record already?
0:10.9	Yeah. That's the intro. All right. I feel like I can rude the world. I know I could be what I want to.
0:17.0	I put my all in it like my days off on the road. Let's travel never.
0:22.0	So what do you mean about it? You're saying there's ways to make a million bucks and then there's
0:25.3	ways to make a million bucks that could turn into a billion bucks you have my interest
0:28.3	let's go okay okay let's go so I think maybe and I don't mean this any dismissive way. I think venture capitalists are very often accused of dismissing something as like a cash flow lifestyle business or whatever, right?
0:41.0	Which, by the way, for anyone who is not in the VC world,
0:45.2	you go to a VC, you say, I've got this great company.
0:47.3	I think it can make $5 million in profit in year eight.
0:50.2	And then after that, maybe we can grow this for another 50 years.
0:52.6	And one day it could be a thing and they say,
0:55.1	that's a really nice lifestyle business.
0:57.1	It's like them saying, that's cute.
0:59.5	Right.
1:00.5	It is, that's cute.
1:00.9	Yeah.
1:01.5	I remember my first time doing that of course the thing is is that
1:04.7	anyone who actually is an entrepreneur including anyone who's a VC they know that
1:07.9	you can oftentimes get richer and have a less stressful life if you have a quote
1:11.8	lifestyle business.
	...

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