Many people are starting AI company and business based on AI

I have been reading this a lot these days. Many people have started sharing videos on YouTube on how they are able to earn with the help of AI. Ever since Chat GPT came into existence, many people have found different methods to make use of that to make some revenue. After Chat GPT became popular there are now multiple other tools doing similar tasks or something innovative that a AI can do. This industry is now flourishing and with the help of machine learning and AI, people are able to achieve so many things.

I have a cousin who started his career in a normal company with a small profile. In the middle of his career, he took a year break and completed a course on ML and AI programming. Today he is solving some complex problems in one of the AI company. He is also being paid very well and he keeps saying that we don't have sufficient hardware available that can feed the rapid growth of AI and ML.

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People starting companies

AI and ML plays a very important role in data analytics. Many companies have now started creating data analytics business and they try to improve so many things with the available data. One of my friends recently started a company and have been running it successfully. He is a charted accountant but does nothing related to finance. Instead he is running a company that does data analytics and improves business opportunities for other companies. This guy has no idea on data analytics as well but he is very good in doing the business.

All he does is gather some customers who would like to improve their business. This guy gets a premium price from them along with all their company related data. With the help of data analytics and with AI and ML, they are able to make use of the data to prepare charts and identify key areas in which the company is lacking and they provide solutions. The good thing about these companies is that data doesn't lie to us so they are able to make a lot of money with this. This becomes a win win for both the companies.

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Data will be the future

There will be a huge demand for data analytics. This has already been the case in the last few years but with the help of advancements that are happening around tools like OpenAI and other similar tools, there is a rapid growth awaiting creating many opportunities. With the help of AI and ML, people are able to do wonders. I have seen some beautiful things that AI and ML are doing for us.

One of the most interesting thing I saw recently was that someone created a YouTube channel and have been earning close to 30k$ a month without even having a need to show their face. They use AI for the face and it is so perfect that they don't have to reveal their face and still can convey what they have in their mind. In addition to these things, AI is also able to predict some amazing things by doing market analysis as well.

Maybe in another few years, we might start to track all our day to day activities in the form of data and we might get some health assistance from our personal AI assistant. There are already works going on to make some kind of personal AI that would track everything related to us. We might have our own personal AI staying with us all the time like how we have our mobile phones sticking to our body all the time.

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