Chapter

The Impact of Artificial Intelligence on the Market
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09:40 - 15:30 (05:49)

Artificial Intelligence (AI) will likely shrink some markets due to cost savings, but there will still be a need for human expertise for industries that require high-quality output like podcasts.

Clips
While AI will decrease the market in certain areas due to superior cost-effectiveness, the need for human accuracy and quality will always exist for those who care.
09:40 - 13:42 (04:01)
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AI Transcription
Summary

While AI will decrease the market in certain areas due to superior cost-effectiveness, the need for human accuracy and quality will always exist for those who care. Predictive analysis can be improved in AI transcription by understanding speaker patterns.

Chapter
The Impact of Artificial Intelligence on the Market
Episode
#39 - Getting a Billion People Working From Home
Podcast
My First Million
With the rise of YouTube, the number of stations to choose from has increased to half a million, and not every station needs closed captions, but all the big and medium-sized ones require it for the betterment of the content, the audience and SEO.
13:42 - 14:22 (00:40)
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Closed Captioning
Summary

With the rise of YouTube, the number of stations to choose from has increased to half a million, and not every station needs closed captions, but all the big and medium-sized ones require it for the betterment of the content, the audience and SEO.

Chapter
The Impact of Artificial Intelligence on the Market
Episode
#39 - Getting a Billion People Working From Home
Podcast
My First Million
AI is increasing affordability and expanding the market for high quality media, similar to the expansion of the personal transport market with companies like Uber.
14:22 - 15:30 (01:07)
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AI and Technology
Summary

AI is increasing affordability and expanding the market for high quality media, similar to the expansion of the personal transport market with companies like Uber. This efficiency allows for market growth despite lower prices.

Chapter
The Impact of Artificial Intelligence on the Market
Episode
#39 - Getting a Billion People Working From Home
Podcast
My First Million