Generative AI is about Saving Time and Money
And the winners will take all.
Hey y’all!
It’s humpday, as I’ve learned to call it, meaning that we’re halfway through another week and it feels like the month of February is all but over at this point — where is the time going?! In the growing industry of AI it seems that we couldn’t be moving any faster but the truth is that it feels like we’re just only beginning to build steam.
And that’s a bit jarring, if I’m to be honest, because everything is changing.
For instance, I read an article about an analysis on the freelance market which is being quickly changed by generative AI with some clear upheavals in jobs like “writing” and “translation” services:
This isn’t a surprise but it’s hitting people where it hurts when it comes to revenue generation, especially for folks who have counted on these types of gigs to power their bottom-line. Writing gigs have dropped over 30% and the demand for video editing and graphic design, while still strong, is growing. But nothing is topping the > 2,000% growth in chatbot development.
As I’ve said before, go where the money is headed and you’ll do fine.
Tools everywhere are making everything faster, cheaper, and the results (hopefully) better. For instance Gigabrain is a tool that I encountered just recently that combines a number of different results from online communities and essentially automates this process for you:
I’ve been surprised by the quality of results and the incredible amount of time saved when using these systems that essentially collate and combine results into a design system that outputs quality results.
I think we can all expect these tools to become even better over time — we’re just beginning to see how powerful these tools really are. But it’s not just text-based results, of course and the work required to build useful collateral and media are getting better too and Powder.gg was sent to me just yesterday as an example of a tool that is also saving people a ton of time:
What’s most fascinating to me is the fact that these tools are making people more creative without having to have them learn the harder, more fundamental skills of video or audio editing — it is, in effect, lowering the creative bar for exceptional creative outcomes and making “everyone” a video creator in their own way.
Whether this hits you positively or negatively is up for you to decide but I like that applications are helping people to better express themselves, even and especially in ways that they didn’t think were possible. I don’t think this replaces the classical creative nor their work but it does change the way we use our time and skills for exceptional outcomes.
No one is outside the frame of having to upskill into the world of (generative) AI and I personally think that’s a good thing. Either you evolve or die; that’s how it’s always been. And it’s not just for video or audio work either as software development is changing faster than I can blink! Antwork, for instance, is a new tool I tried yesterday that promises increased performance for software development projects:
What does it do? Here’s their blurb:
AntWorks simplifies product development by combining AI and human skills. Our “ant” engineers handle all stages, from start to finish, making the process quicker, more affordable, and delivering great results that boost your business.
The point, from a business perspective, is to maximize the speed and quality of production while minimizing waste (of developer’s time and cost of production). What does this do in layman’s terms? It’s essentially automated project management, something you’d usually have a full-time staff person do through a tool like JIRA. Now, they the tool can allocate “resources” for you instead of someone doing this manually.
But beyond the professional work there are a ton of personal tools that are being deployed to help you become a better version of yourself, like teaching you new skills or even languages. I saw Loora, a personal english tutor, just yesterday as well:
Language tutor solutions aren’t new but the use of AI to create realistic conversation partners that can give real-time feedback is a new development and as these tools become better and better I can see how the “old way” of learning languages — through basic repetition and quizzes — will become easily and quickly obsolete.
The power of AI is about productivity gains and time savings. But, this isn’t new for technology at-large as any real and significant advances should do these things anyways. And the most effective (and fun) ones will inevitably win.
And naturally, the winner will take all.
※\(^o^)/※
— Summer