Ever since its creation, generative artificial intelligence (AI) technologies are slowly changing the landscape of entrepreneurship. Not only does it help with task automation, but is becoming a tool that helps to create a business from scratch or, in other words, – become their co-founder.

Generative AI as a co-founder

For those with business ideas, turning to Gen AI may help to kick-start the companies more quickly and more efficiently than without it. Let it be asking AI to write a code, edit copy, create social media content, or even help understand legal documents.

As Ethan Mollick, an associate professor at the University of Pennsylvania notes, experimentation is key when trying out Gen AI. If the generated answer does not meet the vision, ask AI to rewrite it by giving the AI more detailed instructions.

Mollick tells his own experiment. One time he asked a Gen AI tool to propose a product launch plan with an email campaign, create a proposal for a website and execute it too, and make a full social campaign. After 30 minutes, AI gave back 9,200 words of text with emails, voice files, a script, and a website too.

In fact, Generative AI can act as a co-founder which doesn‘t need to be committed to. Going by the words of Clarence Wooten, Gen Ai is “an experienced co-founder at your fingertips, without you having to share equity or control of your startup“.

How AI is helping start-ups: Skittenz case

A real example of a start-up that got off the ground with the help of generative AI is Skittenz, a company that makes colorful mitten coverings. As the founder of the company, doctor Steven Bright says, AI gave him the confidence to start the business.

Steven had this business idea but did not know which way to turn next when he turned to ChatGPT. This generative AI tool helped him with various tasks, such as choosing a particular kind of dye for the glove skins, creating customer feedback surveys, and translating legal documents into more understandable language.

Going by the words of Mr. Bright, as scary as starting a new business is, having something to answer all your questions gives you reassurance.

Final notes

Generative AI acts as a helping hand in generating ideas and helping start-ups to develop often faster and cheaper. However, there is little data on how many start-ups are using AI, and whether the technology helps them to accelerate the path to hiring and profitability. As exciting the thought of Gen AI acting as your business co-founder is, it still requires putting thought into how truly realize the potential of this technology.

Sources: The New York Times, MIT Sloan School of Management

What Is the Meaning of Photos Anymore?

Traditionally, a photo is understood as an object that captures a specific image of an event, usually from the past. It becomes a memory and a way to immortalize important moments, which we can later share with others. Sometimes, photos serve as a form of historical heritage and a way to preserve what we have or had for future generations.

However, the meaning of photos is changing due to technological progress. Part of this progress includes generative AI— “computer systems that possess some qualities of the human brain, such as the ability to interpret language, recognize images, and learn from the data provided to them”.

The change in meaning is related to how much photos, with the help of GenAI, convey the sense of authenticity of a moment and how accurately they reflect real events. At the same time, there is a risk because manipulating and altering images has become easier than ever before.

Such advancements not only raise doubts but also serve as an advanced tool that can, for example, recreate certain places or past events from historical descriptions.

Effortless Image Transformation with AI

Technological progress has made photo editing easier and allows for various functions using AI. For instance, Google AI offers the Pixel.1 editing tool, which enables users to adjust photos on their mobile phones: removing or moving objects, resizing images, and editing colours.

The mentioned program also provides the ability to reduce noise in video recordings, improve video quality, and stabilize recordings. It can create cinematic photos that turn ordinary pictures into 3D videos.

Many devices now have enhanced night photography features, allowing for high-quality photos in low-light conditions.

Sentisight offers advanced tools and models for image recognition and editing. Users can utilize functions such as image classification, object detection, and image similarity search. These are further examples showing how we have significantly advanced from manual photo editing to automated suggestions that are universal, easily integrated, and excellent aids for professionals.

All these functions are user-friendly, often operating with a single button press. Users now have greatly expanded capabilities to capture and enhance their moments with high quality, as well as to edit photos so they remain aesthetically pleasing.

Final Word

The meaning of photos is indeed changing, as GenAI’s precise alterations to reality bring new possibilities and challenges. While this offers an extraordinary opportunity for ordinary users to transform their photos into high-quality creations, it also poses a threat that what we see may not always have been created and photographed in actual reality.

An important question remains whether GenAI-generated photos cross boundaries, potentially becoming a new issue in media and political spheres, where the public might no longer trust visual information, and AI could be used to create content that spreads misinformation.

The next important step will be to anticipate and establish guidelines and standards to ensure that the use of advanced technologies is meaningful and minimizes abuse.

Sources: Google Store, Google Photos, Cambridge Dictionary, Sentisight.AI