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My First Million

10 AI Business Ideas in 43 Minutes

My First Million

Hubspot

Investing, Entrepreneurship, Business

4.72.9K Ratings

🗓️ 12 October 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

Episode 506: Shaan Puri (https://twitter.com/ShaanVP) is coming at you with 10 AI-specific business ideas that he would invest in tomorrow if they existed.  Want to see more MFM? Subscribe to our YouTube channel here. Want MFM Merch? Check out our store here. Want to see the best clips from MFM? Subscribe to our clips channel here. — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com/ Check Out Shaan's Stuff: • Try Shepherd Out - https://www.supportshepherd.com/ • Shaan's Personal Assistant System - http://shaanpuri.com/remoteassistant • Power Writing Course - https://maven.com/generalist/writing • Small Boy Newsletter - https://smallboy.co/ • Daily Newsletter - https://www.shaanpuri.com/ — Show Notes: (0:00) Intro (5:00) 10 - AI Sales Agent (10:00) 9 - Therapy for everyone, everywhere (13:00) 8 - Robots that automate warehousing  (15:00) 7 - McKinsey for AI (19:00) 6 - Licensable deepfakes (22:00) 5 - Celebrity deepfake monitoring  (24:00) 4 - AI Tutor (26:00) 3 - Call center accent customization (28:00) 2 - AI Porn  (31:00) 1 - Self-doing to-do list — Links: • Episode 94 - Is GPT-3 the Next Big Thing - https://tinyurl.com/37wfyphx • Sameday - https://www.gosameday.com/ • Hims - https://www.hims.com/ • Amazon Robotics - https://tinyurl.com/5fu22r8x • LaunchDarkly - https://launchdarkly.com/ • Invideo AI - https://invideo.io/ • OpenAI - https://openai.com/ Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. — Other episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto • #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • ​​​​#218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

Transcript

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0:00.0

All right, I'm setting my timer, I'm going to give myself 31 minutes to give you 10 specific AI business ideas.

0:07.2

I feel like I could rule the world, I know I could be what I want to, I put my all in it like no days, all on a road list.

0:16.7

You know, I'm doing this because I see a lot of stuff on YouTube that's like, hey, AI's the next big thing.

0:21.7

And then they're like, you're like, okay, what? How? For me? What should I do with it? And there's no answers.

0:27.9

Or AI's going to kill us all like really shit. How? I'm like, we don't know. So I just don't like the, the general enthusiasm without the specifics.

0:37.8

And so this is all about the specifics. And I think I'm well qualified to do this because I've, my whole life, I've been an entrepreneur and I've been an idea guy.

0:46.3

I ran an idea lab where I was basically funded to just come up with business ideas and then build them for six years.

0:52.8

I then have a podcast now. This podcast is all about business ideas. I've also invested in last year, maybe $2 million into AI company.

1:00.1

So I've about a dozen companies that I said yes to plus probably another hundred or so that we passed on.

1:05.7

So I've seen a bunch in this AI space. I know what the, the best entrepreneurs in Silicon Valley are doing. That's why I live.

1:10.9

And so I wanted to share with you my list from number 10 to number one, number one being the best, the biggest opportunity that I see in the, in the space.

1:19.1

That if I wasn't just chilling out rich and happy and being a dad, I would go and jumping and do these right away.

1:24.7

And instead, I'm going to invest from the side. I hope somebody who takes an idea from this list and just goes and does it.

1:29.5

Let's take a quick break to ask this question. What if you could find track and close all your deals in one place?

1:34.1

What if your schedule, your goals, your to do list, your emails were all organized in one tab instead of dozens of tabs?

1:39.1

What if connecting with customers didn't leave you with so many what ifs? What if I stopped talking about what ifs?

1:42.9

And I just told you about HubSpot sales. I want you to meet the new powerful, easy to use software that's designed to help your sales team prosper.

1:48.9

Smarter, grow revenue faster and get deeper customer insights all in one connected platform with HubSpot sales hub, your data tools and team are fully linked on a highly customizable platform that is actually a joy to use.

2:00.9

It's smart software for smart sales teams who want to close the year strong, visit HubSpot.com slash sales to learn more.

2:07.9

All right, let's get back to the pod.

2:11.4

Before I tell you the ideas, a quick little history lesson, a quick little trip down memory lane, a little I told you so three years ago on this exact podcast, I did an episode called is GPT the next big thing.

2:24.9

I think it was like episode 94, we're on like 500 now. And this was back in July of 2020. So it's like COVID had just hit people are freaking out.

...

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