This is the full transcript of Ai Automation Will Make You Rich in 2023 - Here's How, published on YouTube by Brett Malinowski. Every paragraph carries the moment it was spoken, so you can click any line to jump straight to that point in the video, search the whole thing for a word, or copy it out.
0:00we are in a time of change and change presents million dollar opportunities for everyone you should drop everything and focus entirely on AI this is the biggest shift ever and yet so few people understand it and can't even see the opportunity there's never been something as technologically advanced that will spread as fast as this I mean this is electricity times a billion and by the end of this video you will fully understand how you can benefit from the AI Revolution with a brand new business model smma has been all the rage on YouTube for the last decade and because it's been so popular the law of
0:40diminishing returns has unfortunately set in but what if I told you there is a new business model that will be bigger than smma and it's only just started and if you do this it would basically be like being one of the first companies to run Facebook ad the opportunity is AI Automation and just like how social media marketers created agencies to help companies run ads you can start an AI automation agency to help companies create their own AI model these AI models will cut costs help the business owner make better decisions and ultimately make more money and the cool part is you don't need any previous
1:17experience to start this business and you could very quickly become an expert because the industry is brand new and the best part you can do all of this without any code okay so let's break down the service your agency would actually provide you will help companies create their own AI models kind of like chat GPT but it's only trained on their company's private data and just to clarify some examples of private data would be customer support conversations what products people are purchasing where those people live when they shop and patterns and what products are often bought together so instead of having a model that's trained on the entire
1:55internet we would make a model that is only trained on specifically what goes on at this one company so you would take an empty model and feed it the company's sales data website activity Data customer support data and any other information they have about their company AKA train the model and voila now the company has their own version of chat GPT that knows everything about the company in real time this is super powerful so let's use Best Buy as an example let's say the CEO wants to know what problems customers are commonly facing today he can simply type into their custom chat GPT model and ask go
2:32through all five thousand of the customer support conversations that have happened today enlist the most common topics discussed their custom chat gbt model would then output the top five most common issues from all their phone calls online chats and ticket now the CEO knows exactly what problems they need to focus on to fix he could then ask what are the most common products being sold today and in what state are they being sold and just like that it would output his request in a table format he then notices the that three out of the five top States highest products sold was portable fireplaces so next thing he did was look up the
3:07weather in those areas and sure enough he saw that there was a snowstorm in the east coast so if he wants to boost sales in those areas he can simply offer 20 off all portable fireplaces in just those stores do you see how powerful this is these companies can now have conversations with the company's live data and make strategic decisions just like we talked to chat GPT so that is the service that AI automation agencies sell custom AI models trained specifically on private companies data they then use this master AI model that you create for them to enhance various aspects of their business some examples are personalized recommendations we all
3:45know that Amazon does this but they can actually track what combination of products are purchased together and then if someone is buying one of these products they can then recommend the other two that commonly go with that the best example is a camera a lens a battery and an SD card or or they can do Predictive Analytics which could be really helpful for inventory management if the AI picks up on future Trends then that helps the company actually manage their inventory and order the right amount of product ahead of time the AI can accurately predict which products will be high in demand and that will avoid under stocking and overstocking
4:17issues the third is the most obvious with customer support and AI chat bot the AI chat Bots can handle all the routine customer support queries and ultimately free up human customer service agents to handle more complex issues this will improve both the efficiency and the satisfaction of customer support and then another one that's kind of small but also important is fraud detection the AI could easily pick up on unusual buying packs each one of these examples are Individual Services that your AI automation agency could sell to companies but the beauty of it all is that they all stem from that same original Master model now it
4:53will take fine tuning and training for each one but the benefits could not be more clear and every business in the world world can benefit from this and when I say every business I mean every business if you actually want to learn how to do what I just explained I am having my team put together a free training video showing you exactly how to train your own private models step by step which will be found in the first link in the description below and if you're not sold on the idea yet that's fine but just know that stability AI is doing AI automation for the biggest
5:25companies in the world right now and they are valued at four billion dollars but the beauty of AI automation is that it doesn't just benefit Fortune 500 companies local bakeries convenience stores shops you name it they can all benefit from Custom AI models and that my friends is your opportunity this is the definition of a blue ocean and will only become more and more relevant throughout the next decade this is eerily similar to smma in 2014. you see New Media platforms like Facebook cost a huge shift in where people put their attention people started watch watching less TV and spent more time on Facebook the game was changing old school TV
6:06commercials and radio ads were giving way to a new wave of Facebook ads see TV ads were a costly business they were usually broadcasted nationally and often required buying a large amount of AD time up front and only the big corporations had deep enough Pockets to handle such expenses plus tv ads cast a wide net reaching a vast audience but this meant that targeting A specific group of consumers was difficult if not impossible Facebook cover changed the game suddenly with as little as five dollars you can run an ad to a narrowly defined audience which is a marketer's dream but despite this Monumental shift that was happening most old school
6:46agencies were just stuck in the past they just continued running pricey TV ads for their clients because they were unable to adapt to the changes which opened up a new business opportunity social media marketing agencies agencies that specifically ran ads on face running Facebook ads required learning a new skill but it was a new skill that could make a lot of money interestingly it wasn't seasoned marketing professionals that grabbed this opportunity first it was often young people even teenagers who had no previous marketing experience who jumped in and started dominating they quickly learned the ropes and just started offering a service that the traditional ad agencies were still unsure of before
7:27long Facebook had risen to become one of the most powerful advertising platforms on the planet and still is one of the most relevant and profitable to this day the early adopters the one who saw this change on the horizon and acted fast made a 4J got a head start by starting early and then honed their skills over time before the competition set in and this gave them an advantage that allowed them to thrive when everyone realized they needed to start running Facebook ads of their own and that's the story of how ambitious young people seized a golden opportunity and created success for themselves in industry that didn't
8:01even exist just a few years prior and now we are at the start of the very next golden opportunity AI automation is something that every business will demand sooner than you may think so if there's one thing you take away from this video it's this learn how to train AI models with private data that may sound scary but it's really simple you just upload spreadsheets and PDFs into a free to use AI mod if you want to learn how again we have a free training video so if this opportunity does sound exciting send this video to a friend but other than that I hope you have a
8:34wonderful day and I will see you in the next one
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