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My First Million9 Business Ideas To Profit From The 2022 A.I. Gold Rush (Using Dall-E & GPT3) (#376)
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WHAT IT’S REALLY ABOUT
AI’s creative leap sparks new businesses, awe, and unease
- The hosts react to an AI-generated Joe Rogan–Steve Jobs interview demo, calling it both “magical” and scary because it feels like a real conversation and raises questions about recreating the dead.
- They propose a framework that AI has shifted from “left brain” analytical tasks to “right brain” creative generation across text, images, audio, and video, creating a new mainstream wave.
- They review emerging tools and demos (Runway ML, Interior AI, Jasper) that remove friction from creative and business workflows, while acknowledging demos can overpromise and products may be hard to defend if they share the same underlying models.
- They describe practical business impacts such as automating sales emails, call-center interactions, insurance verification calls, and significantly reducing the cost/time of marketing and product photography assets.
- They close by highlighting Emad Mostaque and the open-source Stable Diffusion approach as a notable counter-model to more closed AI releases, and discuss how mission-driven open tooling could reshape who controls AI capabilities.
IDEAS WORTH REMEMBERING
5 ideasAI-generated “real” conversations can feel emotionally compelling and ethically unsettling.
They react strongly to a demo where an AI-generated Joe Rogan interviews an AI-generated Steve Jobs, noting how convincing the voices, banter, and “podcast structure” feel. They also point out unnerving implications, including how such tools could recreate deceased loved ones in ways that feel real but aren’t.
The big change is AI moving from analytical competence to creative generation.
Shaan frames the last decade as “left brain AI” (analytical tasks like chess, Go, and self-driving decisions) and the new wave as “right brain AI” (creative output like text, art, audio, and video). He argues this shift is the major inflection point because it pulls artists and mainstream creators into AI alongside traditional technical users.
Even imperfect AI demos can signal an inevitable near-term normal.
They discuss Runway ML’s video-editing/generation demos (removing objects, changing backgrounds, adding rain, green-screening) and note that even if demos overpromise, the trajectory is obvious. Sam compares it to early Tesla moments where shortcomings existed, but the future direction was unmistakable.
AI writing tools turn prompting into leverage, but businesses must add application-level utility to stand out.
Shaan describes Jasper as “Google Docs with an assistant” that can generate sales emails, ads, and rewrites from prompts and examples, and he says he’s using it for course and business workflows (e.g., generating many newsletter openers). They also discuss defensibility concerns: many products may share similar underlying language-model engines, so value shifts to workflow, UI, and applied utility.
AI-generated creative assets threaten high-friction, high-cost production workflows like product photography.
Shaan highlights AI-driven product photography concepts (Dreambooth-like examples, Osmosis) that could replace expensive, slow photo shoots by generating “studio-like” assets from rough inputs. He frames this as a classic business unlock when something becomes dramatically faster, cheaper, and better than the incumbent process.
WORDS WORTH SAVING
5 quotesThis is the biggest holy shit moment I've had when it comes to technology, of seeing what's going on in AI.
— Shaan Puri
I felt both, like, in awe but also scared because as I was listening to this, it... I was agreeing with what Steve says.
— Sam Parr
Now we got the nerds and the artists both in the mix.
— Shaan Puri
This is one of those things, and it doesn't happen often, where you see something and you say to yourself, "It's not there yet, but it will be."
— Sam Parr
I just saw a fucking flying object. It, uh, I, I just saw a UFO. What am I supposed to do, pretend I'm not interested?
— Shaan Puri
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SPEAKERS
Sam Parr
hostCo-host of the My First Million podcast and entrepreneur (founder of The Hustle).
Shaan Puri
hostCo-host of the My First Million podcast, entrepreneur, and angel investor (formerly CEO of Twitch’s B2B business).
High quality AI-generated summary created from speaker-labeled transcript.