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-: And why don't you bring the students up to speed?

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'Cause we were speaking a little bit before this interview

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about the process you're at right now,

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hiring on some people for your company,

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and mention that again, of how you were using ChatGPT

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and one of the different facets of something at OpenAI

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to speed up that specific hiring process.

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-: Absolutely. Yeah.

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So, OpenAI, one of their OpenAI is if you don't know that,

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for anyone who doesn't know,

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it's the people who make ChatGPT the minds behind that.

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And they have another a number of other APIs,

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and one of them is a similarity scoring algorithm,

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which is like, what it's doing in the backend

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is like fairly complex,

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but you can basically dump it a resume

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or any given body of text and say,

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hey, does it meet this certain criteria?

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Or how similar is it to another set of criteria?

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So, in my case, it's the job description

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that I wrote for this job,

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which I actually got help from ChatGPT writing

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to make sure that I was compliant

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in every way with the state and local laws,

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because I'm not an HR person

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who's an expert on those things.

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So, ChatGPT gave me a little hand there.

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I'm not a lawyer. (chuckles)

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Must have the disclaimer in there, right?

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-: Yeah.

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-: Taking those similarity scores

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between the job description and the resume,

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that all happens just automatically

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with my applicant tracking system.

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There's a bit of software where you apply to a job.

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It goes into something called an applicant tracking system.

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It's like an HR tool basically

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to manage applications to a job.

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It just pulls those new resumes down,

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compares them to the job description.

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If it meets a certain level,

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a threshold level of which they're similar,

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it'll pass them on to the next stage automatically.

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So, yeah, when you're hiring for a job,

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there's a lot of people who apply,

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some of them are very ambitious

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and think they can handle maybe a lot more than they can,

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which it's lovely to see and I love the confidence,

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but the job that we're hiring for

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has a very specific set of criteria

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and we need to find people

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who are really well-qualified

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for the things that we're doing here.

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So, yeah,

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we need to find those edges
-: Yeah.

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-: where we can and save time,

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because having to go through hundreds of resumes,

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I also get fatigued, I make mistakes, I overlook things.

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AI never gets fatigued.

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AI doesn't, I mean, it makes mistakes,

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but eh, for the most part,

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it's gonna be better than me.
-: Right.

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-: Yeah, exactly.
(Yan chuckles)

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There's like hallucinations and things like that,

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but it's not gonna get tired.

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It's not going to take a lunch break,

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which is very strange facet.

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As it starts to work its way more and more

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into the modern work life

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and the ability to do more of our tasks

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that have been reserved just for having

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to have the human capabilities to do these tasks

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is now so quickly getting taken over by technology.

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How do you see it positioning yourself,

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your company, in a field that is changing so dramatically?

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It's kind of funny, before you answer that,

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updating our courses specifically that involve AI,

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we are having to reshoot lectures every week,

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every other week,

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because the layouts, the interfaces,

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the capabilities and the functionalities

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are all changing so rapidly.

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Back to the question, how do you see yourself

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positioning the company

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that you're growing to surf that wave?

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-: That's a great question

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and it's something I think about all the time.

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Something, me and my co-founder, Nate,

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we talk about this all the time.

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How do we use the tools

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that are available to us to make sure

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that we move faster than everyone else?

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As an entrepreneur, I'm constantly thinking about the fact

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that there's some amount of competi...

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It's running a business you're always in the arena.

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Like there's someone,

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if you don't out-execute the next business,

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they're gonna beat you and you're gonna be homeless.

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So, you gotta find every edge you can.

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And if there's an edge to be had,

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it is an imperative that you take that edge

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and the biggest edge we have right now

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is this changing landscape of artificial intelligence.

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So, part of my job, the way I see it nowadays,

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is to understand what's possible, stay at the cutting edge.

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Maybe some things aren't really there yet.

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Logo design was one of 'em where I was like,

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okay, we need to get a proper logo designed.

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And I felt like all the tools I researched,

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it was like, we're not there yet.

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For whatever reason, typography isn't,

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generative typography is just not,

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there's like a lot of rules and the human eyes

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expecting a certain thing that we're not there yet.

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But I made sure to evaluate it

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and it was in the conversation.

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Should we try to find some type of AI service designer logo?

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So, that's maybe an example

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of where it's not a great tool,

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but there's plenty of other things.

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Like for example, all of our stock imagery, it's like,

122
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I was looking through Shuttershock the other day,

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funnily enough, a place I used to work

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as a software engineer,

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and I thought to myself, jeez, their days are very numbered.

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Their business model is predicated on

127
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it being somewhat difficult to find an image

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that represents something you want to do.

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Now, you can just say, Midjourney, hey, do this thing.

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I don't care exactly what it looks like.

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I don't have something exact in mind,

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but I have a general idea.

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Midjourney just kills Shutterstock every time.

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And I can't imagine a world

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where once that gets far enough along

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and that's a mature enough product

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that it won't be something

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that everyone needs to use every day in order...

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And if you're spending money on Shutterstock,

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it's like a waste.

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We'll see, but maybe I'll be wrong.

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And there's always a blowback

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and there's always certain edge cases,

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but I think for the average business,

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it's like, why would you not use Midjourney

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or at least try it?

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Give it a shot first before...

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You reach for Midjourney first,

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and then you go for stock imagery.

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I think in every facet of our business,

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that's something that's constantly on my mind.

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Is there an AI tool that's becoming available

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or an AI technique that I'm not thinking about

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or don't know about yet

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that could be a good candidate for solving this problem?

156
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-: Got it.

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So, you're finding new ones,

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trying to put into the workflow and stay riding that wave.

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Things are changing so quickly.

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What would take 10 years is now 10 days, essentially.

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Basically, 10 months sometimes.

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But yeah, that's really when I started to see the impact

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of what was happening was when I saw that,

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exactly the Shutterstock is a perfect example,

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'cause I went through this whole process mentally

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as well of the old paradigm is I go

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and I pay for something that's available online

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that fits in with what I want.

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Same thing with Netflix.

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I get on Netflix

171
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and I wanna find a show that's a comedy and it's fun

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and there's a female lead role, whatever it is.

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Now, what can happen with Shutterstock

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is you type in exactly what you want on Midjourney.

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You don't have to go get a stock image.

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It's custom directly to you.

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The future of what's gonna be happening

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with generative video as well is that you're gonna type in,

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I wanna watch a "Star Wars" movie

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that has aspects of "Lord of the Rings"

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with a strong male lead character.

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And it's gonna go, (tongue rolls)

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and instead of going through Netflix

184
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for 20 minutes trying to find the movie you want,

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you're gonna get generated your custom movie script,

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character, styling,

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everything in minutes and moments, essentially.

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We're not there yet, but that's where it's all going.

189
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And that's why it's an interesting conversation to have

190
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of like staying on the cutting edge of that

191
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is going to, almost need to hire a full-time person.

192
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That's just the future.

193
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They have that job at Samsung, I forget what it's called.

194
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It has a really cool name
-: Mm.

195
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-: for the role.

196
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But
-: Yeah.

197
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-: it's a really interesting space.

198
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And yeah, I guess that leads me to the question

199
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of the pros and cons

200
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that you're seeing of being in this space.

201
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What's been fun and exciting,

202
00:07:49,680 --> 00:07:51,240
and then what's been also the downside?

203
00:07:51,240 --> 00:07:54,150
-: Oh, it's a really exciting place to be, that's for sure.

204
00:07:54,150 --> 00:07:55,307
It moves really fast.

205
00:07:55,307 --> 00:07:57,360
I think that's the pro and the con.

206
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If you're trying to build a business,

207
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it's very shaky ground to build on,

208
00:08:02,070 --> 00:08:05,610
because for a lot of the, you can see it,

209
00:08:05,610 --> 00:08:08,610
it's like, mm, do I wanna build a,

210
00:08:08,610 --> 00:08:10,740
spend a bunch of time to build something here

211
00:08:10,740 --> 00:08:13,710
and invest in solving this one problem

212
00:08:13,710 --> 00:08:17,742
with the existential threat looming that this gets,

213
00:08:17,742 --> 00:08:22,623
something else, some technology, some AI technique comes in

214
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and obsoletes all the hard work I put into this.

215
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So, I think that is something of a downside

216
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to be in this space and I do worry about that a lot,

217
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but that's a small worry

218
00:08:35,250 --> 00:08:38,730
compared to what I focus mostly on the upside, which is

219
00:08:38,730 --> 00:08:39,870
-: Upside.

220
00:08:39,870 --> 00:08:42,393
-: there's just so much cool stuff that's possible.

221
00:08:43,345 --> 00:08:44,820
And if this technique doesn't work,

222
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like if this business model doesn't work,

223
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we can make a small tweak

224
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and there's another way we might be able

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to find a way to build a product that people love.

