WE POST ONE NEW BILLION-DOLLAR STARTUP IDEA every day.

Problem: I recently came across two fascinating business concepts that all surround the same solution space. It’s extremely hard to run LLMs locally: Haven and Replicate are trying to solve this. As Replicate describes on their website:

Replicate runs machine learning models in the cloud. We have a library of open-source models that you can run with a few lines of code. If you're building your own machine learning models, Replicate makes it easy to deploy them at scale. Learn more.

Machine learning used to be an academic pursuit. If you wanted to work on it, you probably needed to be part of a lab or have a PhD.

In early 2021, there was a shift. Advadnoun released a Colab notebook called The Big Sleep. RiversHaveWings followed up with the VQGAN+CLIP notebook. These notebooks turned text descriptions into images by guiding a GAN with CLIP.

These projects weren't increasing some accuracy metric by a fraction of a percent. They weren't published as academic papers. They were just pieces of software that did something neat.

This industry-trend is confirmed by people like Andrej Karpathy (an AI expert who was a leader for Tesla’s self-driving technology) who wrote that deep-learning can now replace huge parts of normal software. Read more in his Software 2.0 essay. He made the case that we need a new tooling stack:

The lens through which we view trends matters. If you recognize Software 2.0 as a new and emerging programming paradigm instead of simply treating neural networks as a pretty good classifier in the class of machine learning techniques, the extrapolations become more obvious, and it’s clear that there is much more work to do. … Who is going to develop the first Software 2.0 IDEs, which help with all of the workflows in accumulating, visualizing, cleaning, labeling, and sourcing datasets? … Traditional package managers and related serving infrastructure like pip, conda, docker, etc. help us more easily deploy and compose binaries. How do we effectively deploy, share, import and work with Software 2.0 binaries?

What is the future of artificial cloud computing?


Read Our First 500 Billion Dollar Ideas
$5.00
Every month

Subscribe here to get access to the first 500 ideas from our blog. For just one coffee a month, you can have access to more than $500 billion dollars of ideas. What's not to love?


The Concept As Described by ChatGPT:

MetaMind aims to democratize access to machine learning models, allowing users to create, manage, and share their custom AI avatars in the cloud. These AI avatars are persona-based large language models (LLMs) that can converse, think, and even behave like the person they are modeled after. They serve as personalized AI counterparts that can help with various tasks, ranging from mundane administrative work to personal companionship.

Why is there a need?

MetaMind taps into the current landscape where AI and machine learning technologies are no longer the exclusive domain of large corporations and academic institutions. Developers, tech enthusiasts, and even ordinary individuals are starting to create their own machine learning models. They're comfortable with open-source, they want full control over their data, and they are keen on deploying LLMs. But the journey is often marred by complex dependencies, frustrating GPU environments, and the challenging task of writing efficient serving code. This is where MetaMind steps in, providing a platform that simplifies this process.

What makes it unique?

MetaMind allows users to create AI avatars that are personalized, dynamic, and engaging. They can be fine-tuned to emulate the persona, thought process, and conversational style of a specific individual or character. The potential applications are vast - from personal assistant AIs to virtual friends, from AI chatbots for businesses to personal digital clones for busy professionals.

How it will make money?

MetaMind's business model is a combination of subscription-based access for premium features, transactional fees for complex AI interactions, and enterprise-grade solutions for businesses. Premium features could include access to advanced fine-tuning tools, proprietary AI models, and priority access to new features and updates. Enterprise-grade solutions may include custom AI avatar creation, management, and deployment solutions that suit the specific needs of businesses.

Why is this a billion-dollar idea?

In a world becoming increasingly digital and interconnected, MetaMind has the potential to redefine our relationship with technology. Its offering is at the intersection of AI, social interaction, and personalization - sectors with significant growth potential. With the right execution, MetaMind can scale globally, serving millions of individuals and businesses, and become a core part of the new digital landscape.

Insights (after applying the "5 whys")

  1. Why create AI avatars? They offer an innovative and engaging way to interact with technology, which can be both useful and fun for users.

  2. Why would people want to interact with AI in this manner? Personalization and convenience. An AI avatar offers a unique experience that can be tailored to each individual's preferences and needs.

  3. Why does personalization matter? Personalization can significantly improve user engagement, satisfaction, and loyalty. It makes interactions more relevant, meaningful, and enjoyable for users.

  4. Why would businesses be interested in this? Custom AI avatars can enhance customer service, user engagement, and overall customer experience. They can be a valuable tool for improving customer relations, marketing, and sales.

  5. Why would this be a billion-dollar idea? If successful, MetaMind would be pioneering a new era of personalized AI technology, with potential applications across multiple sectors. Its scalability and widespread applicability can drive significant revenue growth and market value.

Contributed by: Michael Bervell (Billion Dollar Startup Ideas)

Video Dubbing in Real Time

Nostalgia Recreation as a Service