This Revolutionary AI Business Model Will Make Millionaires in 2025
AI Summary
Summary of AI Business Model Video
Introduction
- The video discusses a new AI business model predicted to create millionaires or billionaires by 2025, potentially surpassing the Software as a Service (SaaS) market.
- The model is called Agents as a Service (AaaS), which automates processes without manpower.
- The creator, Arseny, has experience in building AI solutions and has developed a popular AI agent framework on GitHub.
- Arseny is relocating to Dubai, hence the change in content frequency.
The New Opportunity: Agents as a Service (AaaS)
- AaaS is a shift from traditional SaaS due to the rise of affordable and smart Large Language Models (LLMs).
- AI agents can interact with software as naturally as with humans, without the need for a browser.
- AaaS is more powerful and scalable than SaaS because it automates entire processes.
- Building AI agents is easier than traditional software as they directly work with databases without complex APIs or user interfaces.
Market Potential
- The AaaS market is still in its early stages, with only $1.2 billion spent by enterprises in 2024, but it’s growing rapidly.
Vertical vs. Horizontal AI Agents
- Vertical agents are niche and perform specific roles or functions, while horizontal agents are adaptable to any role or function.
- Vertical agents are pre-trained on general processes, making them faster to deploy but harder to customize.
- Horizontal agents require more time and effort to train but offer higher customization and ROI potential.
- Most businesses prefer vertical agents for their ease of use and quick ROI.
Real-World Examples of Vertical Agents
- 11x: An AI SDR and sales rep agent automating the sales process.
- Carmen: An agent for construction project managers.
- Normi: An agent for regulatory compliance teams.
- Devon: A development agent working in Slack.
Building a Vertical Agent
- Focus on collecting valuable internal data for training and fine-tuning.
- Industry-specific expertise is crucial to understand customer SOPs.
- Resources can be personal time and effort, funding, or accelerator programs.
Methods to Build Vertical AI Agents
- Using a framework saves time but requires some development experience.
- Leveraging a platform offers scalability but can be costly.
- Developing a custom-coded solution provides full control but requires significant technical expertise.
Pricing Models for AI Agents
- Licensing: Clients pay a setup fee or subscription, easy to pitch but may not reflect value generated.
- Usage-based: Charges based on token or message consumption, scalable but can be expensive.
- Outcome-based: Charges per result, suitable for SMBs.
- Hybrid: Combines multiple pricing strategies, offers benefits but complicates cost estimation.
Roadmap to Leverage AaaS Opportunity
- Find your niche based on industry knowledge or insights.
- Identify a suitable problem for an AI agent to solve.
- Sell the solution before building it to finance development.
- Build an MVP tailored to the first client.
- Productize the agent by identifying constant components and customizable templates.
- Evaluate agent performance to improve and outperform competition.
- Scale the solution by increasing marketing efforts and potentially hiring more people.
Interview with Chase
- Chase built a successful vertical AI voice solution for the solar industry, integrating CRM and automation with conversational AI.
- His solution automates the entire lead management process without human intervention.
- Chase had no technical experience but learned through self-teaching and adapting to evolving AI technology.
- His company offers two models: build and release, and growth partner with revenue sharing.
- Chase’s best month reached close to 30,000 to $60,000.
Conclusion
- Arseny is building a horizontal platform while recognizing the value of vertical agents.
- He believes that horizontal platforms will eventually be able to build vertical agents from a single prompt.
- Both vertical and horizontal agents will have their place in the market, with some businesses combining both.
Additional Notes
- No detailed instructions such as CLI commands, website URLs, or tips were provided in the transcript.
- No exact URLs were mentioned to extract.
- Self-promotion from the author was excluded as per instructions.