We generated this image using DALL-E and the prompt “an oil portrait of a Shiba Inu wearing a business suit and holding an iPhone, in the style of Claude Monet.”
Memes become Monet paintings… A new kind of AI is transforming the way people create art and do business. Generative AI uses deep learning and tons of data to convert text prompts into images, videos, and articles. We made the image above using gen-AI and a text prompt.
Goofy images were only the start… Now entrepreneurs are putting gen-AI to work. 140+ gen-AI startups have launched in recent months: Jasper, which makes AI-generated blog posts, raised $125M at a $1.5B valuation last week. Companies can use it to automate copywriting (think: “a promotional post about air fryers in a friendly tone”). Other startups are auto-generating clothes, floorplans, and ad jingles. Microsoft added Dall-E to its design tools, and Shutterstock plans to use it to make stock images. But ethical concerns abound:
Highly visible = highly valuable… AI has many existing applications (think: self-driving cars, disease diagnosis, fraud protection),but it often operates behind the scenes. And yet generative AI has an accessible wow factor that’s already dazzled many. Some investors say it’ll be a huge industry: prominent VC firm Sequoia predicted that gen-AI could generate “trillions in value” and revolutionize industries that require humans to create original work.