AI as a Service: Companies Going All In

AI as a Service: Companies Going All In

Hey what's going on everybody, welcome! It is Friday, July 26, and you are watching The Daily AI Show Live. Today we have June, Andy, back from travel, Carl, and I'm Beth. We are so excited to talk to you about a specific SaaS product, a company providing AI as a SaaS, and also the larger concept of that being a model companies are diving into. We hope that you are excited to join us. Let's turn it over to Carl, who will give us a little orientation about the company that inspired today's conversation.

Introduction to Get Floor Plans

Carl: Thank you very much, Beth. The company we are discussing today is called Get Floor Plans. This service can significantly impact the home building industry by automating processes that are currently labor and cost-intensive.

For example, homebuilders who develop new homes must create drawings, then get black lines or floor plans created. These are then used by architects and CAD experts to start bringing those to life. Typically, creating detailed floor plans and 3D models involves a lot of costs and efforts. With Get Floor Plans, the process is streamlined.

How It Works

When you upload a floor plan, professional or even hand-drawn, the service uses AI to render it into a 2D model, 3D model, and a 360-degree virtual tour by the next day. This greatly reduces costs and time - services that would normally cost thousands of dollars can now be achieved at a fraction of the cost, sometimes within the $ 20-$ 35 range.

Carl demonstrates by showing various models and a virtual tour, emphasizing how it brings initial drawings to life. This could save homebuilders a significant amount of money and open up possibilities for those looking to build custom homes.

Team Reactions

Andy: This is a brilliant example of how AI is automating specific business processes, making them more efficient and cost-effective. Services like sales assistance, customer service, and recruiting are also seeing similar automations through AI. The bigger picture here is that these automation tools will replace a lot of low-level human tasks, allowing humans to focus on more complex issues that require deeper analysis.

June: Do they offer automated pipelines, like an API?

Carl: Yes, they indeed have an API through which this service can be integrated into other business processes. This could make businesses even more efficient by allowing other modules to interact with this service seamlessly.

Andy: Exactly, what we are seeing is a general push towards service as software, meaning specific tasks can be automated, and businesses only need the results rather than the process. This principle extends to tasks like bookkeeping and accounting, where AI services can process invoices, reconcile transactions, and generate financial reports automatically.

Business Implications

Carl: AI is allowing businesses to adopt a model called Results-as-a-Service (RAAS), as mentioned by Dareos Shaw. Here, people don’t want to know how the AI functions; they just want the results. This has massive implications for the SaaS industry, disrupting it by offering more direct, outcome-focused services.

Andy: Over time, we may see a move where businesses use their agents to interact with AI-driven services, delegating much of the work typically done by entry-level employees.

Future Scenarios

Carl: Imagine a future where an AI agent can communicate directly with another company's AI to get services or products, making adjustments based on real-time user input. This will allow businesses to be much more adaptive and responsive.

Andy: What we see impacting specific processes now will soon have wide-ranging implications, transforming how businesses operate fundamentally. Agent-to-agent communication will streamline everything from hiring to sales, bringing forth the concept of the “One-Person Unicorn,” where individual entrepreneurs leverage many automated services.

Conclusion

Beth: The future of business is leaning significantly towards AI-driven automation, helping companies save time and resources while increasing efficiency and raising the benchmarks for innovation and adaptability.

Keywords

• AI as a Service
• Get Floor Plans
• Automating Business Processes
• Results-as-a-Service (RAAS)
• Future of SaaS
• API Integration
• One-Person Unicorn
• Business Automation

FAQ

Q: What is Get Floor Plans? A: Get Floor Plans is an AI-driven service that converts uploaded floor plans into 2D models, 3D models, and 360-degree virtual tours overnight.

Q: How does AI improve the efficiency of business processes in Get Floor Plans? A: AI automates the steps needed to create detailed floor plans and models, reducing costs and turnaround time significantly.

Q: Can businesses integrate Get Floor Plans into their existing systems? A: Yes, Get Floor Plans offers API integration, allowing businesses to incorporate this service seamlessly into their workflows.

Q: What is Results-as-a-Service (RAAS)? A: RAAS is a model where businesses aim for the desired outcomes and results from services, without needing to understand how the AI accomplishes these tasks.

Q: What are some other areas where AI is automating business processes? A: AI is also being used in sales assistance, customer service, recruiting, bookkeeping, and accounting, among other areas.

Q: What does the future look like for SaaS products with AI? A: The future may involve AI agents interacting directly with other AI-driven services to get tasks done, pushing the envelope of innovation and efficiency in business processes.