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  • #4 Future of Work: AI-Enhanced Productivity and Creativity

    Tim Liao
    9 replies
    Since the rise of the AI era last year, my team and I began developing Minduck, a Web-based AI application designed for users who are not adept at interacting with technological products. Our concept evolved from a simple idea to a complex project addressing hundreds of issues. Now, we're excited to introduce Minduck to everyone on Product Hunt! To give back to the Product Hunt community, we plan to share 10 key insights from our product research and development over the past ten months during our Pre-Launch period. These insights are crucial to our understanding of AI products and are derived from our experiences at Minduck. We hope these content will inspire everyone interested in AI application development. #4 Future of Work: AI-Enhanced Productivity and Creativity In the future, humans will live alongside AI, with AI becoming an integral part of our extended intelligence. (In fact, our smartphones, smartwatches, and smart earbuds are already part of this extended intelligence.) I believe that in the future, individual productivity and creativity will be significantly enhanced by AI and driven by fierce market competition. Here are some trends and data we've observed: 1. In recent years, many companies across various sectors have been laying off employees. At the same time, every organization expects its employees to be more creative. 2.We are seeing more digital nomads, small digital work teams, and even solo studios emerging, indicating a rise in "super individuals." 3. With the empowerment of content platforms and creation tools, it's predicted that by 2025, there will be over 150 million internet content creators in China, including both narrow and broad definitions of creators. 4. Globally, the creator economy is expected to grow from $250 billion in 2023 to $480 billion by 2027, a fivefold increase in just five years. 5. Freelancing remains a crucial part of the U.S. labor market and economy: In 2023, freelancers contributed $1.27 trillion in annual earnings to the U.S. economy, a 78% increase from the $715 billion estimated in 2014 (the first year of this study). The number of freelancers has hit an all-time high, with 64 million Americans freelancing, making up 38% of the U.S. workforce, up by 4 million from 2022. 6. China is gradually becoming a productivity society dominated by mental labor: According to data released by the National Bureau of Statistics of China, in 2019, the total number of mental laborers in China reached 745 million, accounting for 54.5% of all employed persons; the total number of physical laborers was 621 million, accounting for 45.5%. This means that China's productivity is now more than half driven by individual mental labor, highlighting a significant shift towards a knowledge-based economy. We predict that a wave of people relying on their mental capabilities will need to enhance their personal productivity and creativity due to various reasons, such as increasing market competition or the pursuit of greater self-fulfillment. This will lead to a closer collaboration between humans and AI. Thank you for reading this far. In my next post(#5), I will share the 5 Steps of Creation Value Chain that describes the stages through which an individual creates value. We aim to identify opportunities for AI empowerment in the various cognitive activities involved in human value creation. --- If you find our article valuable, please consider visiting Minduck’s Product Hub to notify us, and stay updated on our launch day!

    Replies

    Amit Arora
    The Action Tracker - Life Planner
    Thanks for sharing Tim. Freelancing has been on the rise and the growth expedited from Covid time.
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    Tim Liao
    @amit_arora Thank you, Amit! Indeed, freelancing has seen significant growth, especially accelerated by the pandemic. It’s fascinating to observe how the dynamics of work have evolved during this time. If you're interested in a deeper dive into these changes and how AI is influencing new work scenarios, you might find our article "#3 Analysis of the Chinese AIGC Industry: What Are the New Scenarios for Future AI?" insightful. It explores emerging trends and potential future developments in the AI industry, which are shaping the landscape of work and freelancing. Here's the link: https://www.producthunt.com/disc... I appreciate your engagement and look forward to more discussions!
    Morgane Granier
    Hi Tim! Thanks a lot for taking the time and energy to write about this topic. When Chat GPT became a mainstream tool in professional environment, lots of people thought it would be the end of human creativity and thinking. Thing is, if used properly, with the right mindset, AI can be an amazing tool to enhance the quality of your work. If you use it thinking its gonna do the work for you, you might find your work disappointing. But if you use it as an extension of your brain, an extension of your skills or even a collaborator, you'll definitely up your game, get noticed and perform more than your competitors. Would love to connect with you to talk more about how technology can impact your productivity and creativity Can't wait for #5!
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    Tim Liao
    @morgane_glt Appreciate Morgane! I really really really thank you for your feedbacks. Actually we’re still on this path of exploring how our thinking collaborating with AI.
    Goktug Can Simay
    I don't know if making predictions with deep neural networks is considered creativity. :) You don't need to spend hours analyzing charts. Click on the coins you want to trade and find out their future price. CryptOn Forecast - Cryptocurrencies Price Prediction Service cryptonforecast.com
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    Tim Liao
    @simaygoktug Thank you for your comment, Goktug Can Simay! You raise an interesting point about the nature of creativity in AI. At Minduck, we believe that AI's ability to make predictions using deep neural networks can indeed be a form of creativity, as it involves generating new insights and patterns from vast amounts of data. If you’re interested in exploring more about the challenges and opportunities of using AI tools, you might find our article "#2 Top Five Pain Points of Using Chat-Based AI Apps Like ChatGPT and Others" insightful. It discusses some common frustrations users face and how we can improve AI interactions. Here's the link: https://www.producthunt.com/disc... I appreciate your thoughts and look forward to further discussions!
    WennectCM
    Thank you for sharing, these are interesting insights.
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    Tim Liao
    @wennect Thank you, WennectCM! I'm glad you found the insights interesting. We're excited to share our experiences and learnings from developing Minduck. If you enjoyed this discussion, you might also find our first article on "#1 The Unclear Purpose When People Use AI like ChatGPT" intriguing. here's the link: https://www.producthunt.com/disc... It delves into the varied ways people are interacting with AI and the challenges they face in understanding its full potential. Given your interest in AI trends, I think you'll appreciate the perspectives we explore there. Stay tuned for more insights in our upcoming posts!
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    WennectCM
    @timliao Thank you for sharing!