Basics of AI - ChatGPT Masterclass & Midjourney | Ansh Mehra at IIM Bangalore

Ansh Mehra
24 Aug 202359:59

TLDRAn AI masterclass at IIM Bangalore by Ansh Mehra explores the rapid transformation of the job market due to AI. The session delves into the capabilities and potential of tools like Chat GPT and Midjourney, demonstrating how they can create images and predict future trends. Mehra emphasizes the importance of understanding both AI's capabilities and its limitations, advising on how to integrate AI into one's workflow effectively. He also discusses the concept of 'prompt engineering' and shares techniques to get the most out of AI tools, highlighting that AI is a complementary tool to enhance human productivity rather than a replacement.

Takeaways

  • 🚀 AI is revolutionizing the job market and it's crucial to stay ahead of the curve to secure your future career.
  • 🔍 Midjourney, an AI tool, has seen significant improvements from version 4 to 5.2, demonstrating AI's rapid advancement in generating images and predicting future trends.
  • 🔧 AI can assist in pattern recognition and making educated predictions about future technologies, such as self-driven, solar-powered vehicles.
  • 🎨 Photoshop AI allows for seamless image editing and extension, blurring the lines between reality and AI generation.
  • 🧠 Understanding both the capabilities and limitations of AI is essential for effective decision-making and delegation between human and AI tasks.
  • 📚 The Pro Plan of Chat GPT allows for uploading and analyzing documents, providing tailored and relevant insights for specific use cases.
  • 💡 Prompt engineering is a valuable skill that will persist even as AI tools evolve, making it important to learn how to effectively communicate with AI.
  • 🛠 AI should be viewed as a tool to augment human tasks rather than replace them, with a focus on ideation and problem-solving rather than mere execution.
  • 👨‍🏫 AI's impact on learning and education will be significant, making it a valuable asset for upskilling and gaining a competitive edge.
  • 🔑 Customizing AI tools through plugins and understanding their parameters can unlock advanced features and capabilities, enhancing their utility.

Q & A

  • What is the main focus of the AI workshop hosted by Ansh Mehra at IIM Bangalore?

    -The main focus of the AI workshop is to provide insights on how AI is changing the job market and to offer strategies for safeguarding one's career from AI's impact in the next 6 months.

  • What is the significance of the quote mentioned by Ansh Mehra in the beginning of the session?

    -The quote highlights the rapid pace of change in the era of AI, where weeks can be as transformative as decades, emphasizing the importance of staying ahead of the curve in adapting to technological advancements.

  • What is Midjourney and how has its evolution impacted the design process?

    -Midjourney is a tool that allows the creation of images. Its evolution, particularly from version 4 to 5.2, has demonstrated significant improvements in the speed and quality of image generation, impacting the design process by providing a strong starting point for prototypes that would typically take much longer to develop.

  • How does AI, as demonstrated by Midjourney, help in predicting the future of certain technologies?

    -AI, through its ability to scan and analyze vast amounts of data, can recognize patterns and trends, which allows it to predict future possibilities. For example, Midjourney's AI predicted features like self-driving capabilities and solar panels in future electronic vehicles.

  • What are the key takeaways from the masterclass on using AI tools like Chat GPT and Midjourney?

    -The key takeaways include understanding the importance of prompts when interacting with AI, recognizing AI's limitations and areas where it cannot replace human decision-making, and learning how to delegate tasks effectively between humans and AI.

  • What is the role of 'prompt engineering' in effectively utilizing AI tools?

    -Prompt engineering is the process of carefully crafting messages or 'prompts' to guide AI tools like Chat GPT or Midjourney to produce desired outcomes. It is crucial for getting the most relevant and useful results from AI.

  • How does Ansh Mehra suggest we approach the fear of AI replacing human jobs?

    -Ansh Mehra suggests that instead of fearing AI, we should focus on understanding and leveraging it as a tool to enhance our capabilities. He emphasizes the importance of learning and adapting to new technologies rather than resisting them.

  • What is the difference between 'execution' and 'ideation' in the context of professional work, as mentioned by Ansh Mehra?

    -Execution refers to tasks that follow a set recipe or process and can be automated over time. Ideation, on the other hand, involves creative problem-solving and generating unique ideas, which is harder to automate and more valuable in the long run.

  • How can AI tools like Chat GPT be used to enhance learning and upskilling?

    -AI tools can be used to quickly process and summarize large amounts of information, provide personalized learning resources, and generate ideas for further exploration. They can act as a coach or guide, helping individuals to learn more effectively and efficiently.

  • What is the significance of creating 'Chat GPT agents' for various tasks?

    -Creating Chat GPT agents allows users to have ongoing, personalized conversations with the AI. These agents can be tailored to specific tasks or roles, making it easier to manage complex projects and ensuring continuity in the work process.

Outlines

00:00

🚀 AI's Impact on the Job Market and Career Safeguarding

The speaker discusses the rapid transformation of the job market due to AI and emphasizes the importance of staying ahead of the curve. They share their experience hosting an AI workshop at IIM Bangalore and interacting with students. The session is divided into two segments, each 40 minutes long, focusing on AI's impact on careers and how to safeguard one's career from AI. The speaker introduces a tool called 'mid Journey' that creates images and demonstrates its evolution from version 4 to 5.2, highlighting AI's ability to predict the future based on pattern recognition and scanned data. They also discuss the importance of understanding both AI's capabilities and its limitations, as well as the human role in decision-making and problem-solving in the context of AI.

05:01

🌐 Introducing AI Learning Resources and Photoshop AI Features

The speaker introduces a learning website, 'how to prom. in', which offers free AI resources, roadmaps, guides, and information about tools like Chat GPT and mid journey. They also discuss the seamless integration of AI into Photoshop, demonstrating how AI can extend images beyond their original boundaries, creating AI-generated content that is indistinguishable from the original. The session aims to teach attendees not just about AI's capabilities but also its limitations, highlighting the importance of understanding when to delegate tasks to AI and when to rely on human intelligence.

10:03

🛠 Understanding AI's Role in Daily Work and the Importance of Ideation

The speaker delves into the practical aspects of AI in daily work, emphasizing the importance of understanding AI's current capabilities as of August 2023. They discuss the workflow involving humans recognizing problems, giving prompts to AI, and then building upon AI's results. The speaker refutes the misconception that AI will replace all human jobs and stresses the importance of using AI as a tool to augment human efforts. They introduce the concept of 'prompt engineering' and explain that AI's role is to handle time-consuming tasks, allowing humans to focus on ideation and problem-solving. The speaker also touches on the historical context of technophobia and encourages learning from history to understand and predict technological advancements.

15:04

🎓 AI in Learning and Education: Upskilling with AI Assistance

The speaker discusses the significant impact AI will have on learning and education, using the example of upskilling in B2B marketing with AI assistance. They demonstrate how to interact with AI to receive guidance and feedback, emphasizing the importance of giving AI the freedom to ask questions and gain context. The speaker outlines a four-step checklist for effective AI interaction: assigning a role, setting context and defining tasks, setting constraints, and managing expectations. They also mention the creation of a free ebook with a list of prompts for various industries and encourage attendees to scan a QR code to access it.

20:04

🤖 The Evolution of AI and the Importance of Prompt Engineering

The speaker reflects on the evolution of AI tools like Chat GPT and the enduring nature of prompt engineering. They use the analogy of YouTube and its impact on various industries to illustrate how AI will similarly disrupt and create opportunities. The speaker emphasizes the importance of understanding AI tools and their potential to automate routine tasks, allowing humans to focus on creative and strategic work. They also discuss the importance of not becoming overly reliant on technology and the need for a mindset shift towards using AI as a tool for efficiency and innovation.

25:05

📈 AI as a Tool for Enhanced Work Quality and Time Management

The speaker highlights AI's potential to enhance work quality and manage time more effectively. They discuss the concept of Chat GPT agents, which are named and reusable conversations tailored to specific tasks or roles. The speaker demonstrates how these agents can be used for writing, prompting, and other specialized uses, emphasizing the benefits of revisiting and refining these conversations over time. They also touch on the importance of understanding AI's capabilities and limitations, as well as the potential for AI to see patterns and insights that humans might miss.

30:07

🛠️ Customizing AI Experience with Plugins and Interpreters

The speaker introduces the concept of plugins and interpreters within AI tools, such as Chat GPT, to enhance functionality and customize the user experience. They discuss the ability to read and summarize various media formats, including videos and podcasts, through plugins like WalkScript. The speaker also explains the new code interpreter feature, which allows users to analyze data and generate graphs and recommendations based on that data. They emphasize the importance of exploring these features to maximize the benefits of AI in one's work and personal life.

35:07

📚 Navigating the AI Landscape with Directories and Resources

The speaker provides an overview of various AI directories and resources available to help users navigate the AI landscape. They mention websites like Futurepedia, Aivalue, Supertools.run, and AIforthat.com, which offer lists of AI tools specific to different industries and use cases. The speaker encourages users to regularly check these resources to stay updated on the latest AI tools and to integrate them into their work. They also introduce a new platform called howtoprompt.in, which offers categorized videos, AI directories, prompts, and ebooks in one place.

40:08

🎨 Harnessing the Power of Mid Journey for Creative Inspiration

The speaker introduces Mid Journey, an AI tool for generating images, and explains its basic functionality. They clarify that Mid Journey is not a replacement for graphic design software like Photoshop but rather a source of inspiration and ideas. The speaker outlines the structure of a Mid Journey prompt, which includes a scene description, style, and parameters. They emphasize the importance of strong prompts to achieve high-quality results and provide examples of how different parameters can affect the outcome of the images generated. The speaker also mentions the availability of detailed documentation from Mid Journey to help users learn more about the tool.

45:08

🌟 Advanced Prompting Techniques for Mid Journey

The speaker delves into advanced prompting techniques for Mid Journey, discussing the importance of learning about rendering engines and using specific camera models and settings within prompts. They demonstrate how detailed prompts, including camera configurations and artistic styles, can significantly enhance the quality and realism of the generated images. The speaker also shares resources like midlibrary.ai and midjourney.showcase to help users expand their vocabulary and understand different art styles and camera options. They highlight the potential for combining AI tools, such as using Chat GPT to generate Mid Journey prompts, and emphasize the importance of a strong vocabulary and clear communication with AI for optimal results.

50:10

📷 Real-world Applications and Creative Exploration with Mid Journey

The speaker showcases real-world applications of Mid Journey, such as creating Instagram reel covers and exploring artistic styles with Indian artists. They discuss the use of specific cameras and DOP guidelines within Mid Journey to achieve unique visual effects and emphasize the importance of experimenting with different styles and techniques. The speaker also mentions the use of face swapping and other creative methods to generate content, reiterating the need for clear communication with AI tools to achieve desired outcomes. They encourage users to explore and learn from resources and communities dedicated to AI and creative technologies.

Mindmap

Keywords

💡AI

AI, or Artificial Intelligence, refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. In the context of the video, AI is the central theme, with discussions around its rapid evolution and its impact on the job market. The script mentions AI's potential to automate tasks and augment human capabilities, as well as the need for individuals to stay ahead of the curve by learning and adapting to AI technologies.

💡Midjourney

Midjourney, as discussed in the script, is a tool that allows users to create images based on text prompts. It represents a significant leap in AI-generated content, with the ability to produce images that can be used for various purposes, such as design prototypes or visual storytelling. The video highlights the evolution of Midjourney from version 4 to 5.2, showcasing its improved capabilities to create detailed and realistic images within a short time frame.

💡Prototyping

Prototyping in the script refers to the process of creating a preliminary model or sample of a new product or service. It is used in the context of designing an 'e-a' (presumably an electric vehicle or automated vehicle) for Indian streets using AI. The video emphasizes how AI and tools like Midjourney can facilitate the prototyping process by generating ideas and designs that would traditionally take much longer to develop.

💡Pattern Recognition

Pattern recognition is a branch of machine learning that focuses on the recognition of patterns and regularities in data. In the video, it is mentioned in relation to AI's ability to scan large amounts of data and make predictions about the future. This concept is crucial for understanding how AI can help in envisioning and creating prototypes that are not only aesthetically pleasing but also practically relevant to future trends.

💡Prompt Engineering

Prompt engineering is the process of carefully crafting input prompts to guide AI systems like chat GPT or Midjourney to produce desired outcomes. The script explains that understanding how to effectively prompt AI is essential for leveraging its full potential. It is compared to the skill of Googling, where knowing the right keywords can yield the most relevant and useful results.

💡Upskilling

Upskilling involves improving one's skills or learning new ones to stay relevant in the job market. The video emphasizes the importance of upskilling in the face of AI's impact on jobs. It suggests that individuals should focus on learning how to work with AI, rather than fearing it, to safeguard their careers and enhance their professional capabilities.

💡Execution vs Ideation

The script differentiates between 'execution' and 'ideation' as two main categories of professional work. Execution refers to tasks that follow a set recipe or process, which AI can potentially automate. Ideation, on the other hand, involves creative thinking and problem-solving, which is harder for AI to replicate. The video encourages viewers to focus more on ideation and less on execution, as the latter is more susceptible to automation.

💡Technophobia

Technophobia is the fear or aversion to advanced technology or complex devices. The video script mentions this term in the context of historical resistance to new technologies. It serves as a reminder that fear of AI and other advanced technologies is not new, and it is important to embrace and understand these technologies rather than fear them.

💡Leverage

Leverage, in the context of the video, refers to the strategic advantage or power gained by understanding and utilizing AI technologies effectively. The script suggests that individuals who learn to leverage AI will be better positioned to succeed in their careers and adapt to the changing job market.

💡Delegation

Delegation is the act of assigning tasks or responsibilities to another person or entity. In the video, it is discussed in relation to deciding whether a task should be performed by a human or outsourced to AI. The ability to make such decisions intelligently is presented as a key skill in managing the integration of AI into professional work.

Highlights

AI is revolutionizing the job market, and future success depends on staying ahead of the curve.

An AI workshop at IIM Bangalore provided key insights on safeguarding careers from AI's impact.

The tool 'mid Journey' can create images and has a significant history, especially with its version 4 release in November 2022.

Version 5.2 of mid Journey, released in June 2022, demonstrated a remarkable improvement in image generation capabilities.

AI can predict the future based on pattern recognition and data scanning, as illustrated by the EA prototype example.

The importance of understanding both AI's capabilities and its limitations was emphasized for effective decision-making.

A practical demonstration of using AI for learning, such as summarizing a PDF on market positioning for a product marketer.

The concept of 'prompting' in AI, which is the method of giving instructions or cues to AI tools like Chat GPT and mid Journey.

AI should not be seen as a job replacement but rather as a tool to augment human capabilities and efficiency.

The significance of learning history to understand and predict the impact of technological advancements like AI.

Different categories of people's reactions to new technology: opposers, builders, and users.

The importance of prompt engineering and understanding AI tools to stay relevant in the evolving job market.

AI's role in the future of learning and education, and how it can be used for upskilling.

The distinction between 'execution' and 'ideation' in professional work, and the need to focus on ideation to stay ahead.

The introduction of 'Chat GPT agents' for revisiting and continuing conversations for better understanding and personalization.

AI's potential to automate time-consuming tasks, allowing humans to focus on higher-level work.

The concept of 'plugins' in Chat GPT that can enhance its capabilities, such as reading images, PDFs, and links.

The 'code interpreter' plugin for Chat GPT that allows it to analyze data and generate graphs from CSV files.

Free alternatives to Chat GPT, such as Google B, Perplexity, and hai.com, and the inevitability of AI integration in various industries.

The future of AI in different departments of a company, from HR to marketing, programming, product development, and sales.

The basics of using mid Journey for creating images and the importance of strong prompts for better results.

The structure of a mid Journey prompt, including scene description, style, and parameters for customization.

The potential of mid Journey to inspire and create cutting-edge visuals for various applications.

Combining AI tools like Chat GPT and mid Journey to enhance creativity and productivity.

The importance of learning to communicate effectively with AI to maximize its potential.