As a kid, I never believed that what was shown in sci-fi movies could ever be true. But I guess I was wrong. Artificial Intelligence (AI) has come out of the sci-fi movie scripts. It’s very much a part of our daily life. And most importantly, it is impacting the way we work, and the efficiency with which we work. Every day I see startup entrepreneurs announcing their cool AI business ideas on Linkedin. Hence, I got inspired to do this post.
No denying that AI is poised to revolutionize the way we live, work, and do business. It has also democratized entrepreneurship to an extent.
In fact the CEO of GitHub recently posted on Linkedin that thanks to AI, any guy in Mumbai or Shanghai, Rome or Rio can launch an innovative startup (including AI business ideas) as easily as someone staying in Seattle or New York City.
AI has significantly brought down the bar to get started.
Or let’s just say, the bar to becoming innovative entrepreneurs isn’t that high anymore. AI has opened up an entire world of opportunities for entrepreneurs and innovators across the universe.
Read this GrowthRomeo Insight to discover 20+ exciting AI startup ideas to start in 2024.
20+ AI Business Ideas to Start In 2024
AI is a powerful technology.
It’s programming at the core.
A lot of people don’t understand “What is AI?”
With an analogy, if I may explain- akin to how a website or a mobile app is just a piece of code, AI too is made up of code.
Now, some people believe that AI is a proprietary code that belongs to an organization. No. To debunk the myth, anyone can write their algorithms to build AI software. There is no owner of AI.
At the core, it is just an approach to process data, store the information, and make sense of that information without much human involvement. Additionally, the essence of AI can be fused with automation, where we configure digital and real-world machines in such a way that many tasks can be automated, experiences can be personalized, and insights that are normally invisible to naked human eyes get highlighted.
I’ll do a full-fledged blog explaining artificial intelligence (AI) in simple terms, in case, if you need it. Ping me on LinkedIn, or in the comments of this blog, and I’ll strive to keep my word. For now, here is your buffet of AI business ideas to try out in 2024.
