Unveiling the Power of AI Video Technology with Elai.io's CTO

Table of Contents

1. Introduction
2. The Journey to AI Technology
3. How Does the Technology Work?
4. Ensuring Ethics and Responsibility
5. The Adoption of AI Video Technology
6. The Future of AI Video Generation
7. Growth Strategies and Expansion
8. Advice for Entrepreneurs in the AI Space
9. Conclusion

The CTO Show: Exploring the Future of AI Video with Eli.Eo

Introduction

Welcome to the CTO Show with Mehmet, where we Delve into the riveting realms of AI, cybersecurity, and digital technology. In this episode, Mehmet interviews Alex, the co-founder and CTO of Eli.Eo. Eli.Eo is at the forefront of building the next generation of video editing tools powered by AI avatars. These talking avatars allow users to Create videos by simply typing text and choosing an avatar to bring the text to life. Alex discusses how he entered the field of AI and the potential he saw in this game-changing technology.

The Journey to AI Technology

Alex's journey into the world of AI technology began over 10 years ago when he started working as a web programmer. His passion for building products led him to launch a software agency and explore different online businesses. Around six years ago, he launched Eli.Eo with the vision of creating his own products. Believing in the potential of AI, Alex saw how it could disrupt industries and impact businesses in groundbreaking ways. He came across the technology that could change the lips of a person in a video according to audio, and this sparked the idea of creating educational videos without filming anyone. With the support of his co-founder, Alex turned this idea into reality.

How Does the Technology Work?

The technology behind Eli.Eo's video editing tool is a multi-step process. First, the text is converted into audio using AI technology from partnering platforms like 11 Labs or Azure text-to-speech. Next, video avatars, created from real actors, are filmed speaking on camera. The recorded video of the actor is combined with the audio, resulting in a new video where the actor Speaks with a different voice and length. To enhance the video further, Eli.Eo offers a unique feature called the story editor or AI story builder. This tool, similar to a text editor, automatically turns text into slides, enabling editors to create visuals without directly working with visuals. The video editing tool also allows users to add additional elements such as text, images, and other videos to create a final video.

Ensuring Ethics and Responsibility

With the power of AI video generation, there comes a responsibility to prevent misuse and the spread of misinformation. Eli.Eo addresses this by implementing content moderation for all videos created using their actors. Strict policies prohibit the creation of any inappropriate content. The company also invests in auto and manual moderation to ensure the avatars are not misused. Additionally, the use of custom avatars allows individuals to create videos with their own faces, reducing the need for actors and minimizing the potential for misuse. Alex emphasizes the importance of service providers like Eli.Eo and platform providers like YouTube in controlling and monitoring content to prevent unethical practices.

The Adoption of AI Video Technology

Education has emerged as the largest market for AI video technology, with widespread adoption in both B2C and corporate sectors. Eli.Eo has also explored other avenues, such as news creation and personalized videos. The technology has found relevance in industries that do not require emotional expression through videos, like healthcare or recommendations. While the majority of adoption is currently observed in the education sector, Alex foresees a future where avatars can convey emotions, expanding their usability across multiple industries.

The Future of AI Video Generation

AI video technology is continuously evolving, and Alex envisions a future of even more realistic avatars. The ability to create commerce custom avatars will become easier, enabling users to have avatars with their own voices and in different languages. However, the most challenging aspect lies in developing avatars that can express emotions while speaking. The goal is to make avatars responsive and capable of mimicking human emotions through head and body movements, creating an indistinguishable line between real and AI-Based videos. The integration of AI avatars into VR and augmented reality is already happening, with potential for further advancements in the future.

Growth Strategies and Expansion

Eli.Eo has experienced steady growth, attracting both small businesses and large enterprises. Initially focused on the B2C market, Eli.Eo's success lies in catering to the needs and demands of their customers. The company's growth has allowed investment in developing additional features, such as photo avatars, which streamline the video creation process for individuals. Additionally, Eli.Eo recognizes the importance of serving enterprise clients and has seen significant adoption in the education and learning and development sectors. Geographically, the company is considering expanding into the growing market of South America.

Advice for Entrepreneurs in the AI Space

Alex advises entrepreneurs interested in entering the AI business space to seize the Current opportune moment. With the advancements in large language models and text enhancement technologies, there is an abundance of resources and applications to explore. He emphasizes the balance between developing the technology itself and focusing on specific niches and business needs. By prioritizing customer feedback and product development, entrepreneurs can grow their businesses organically.

Conclusion

Eli.Eo's innovative AI video editing tool, powered by talking avatars, showcases the immense potential and impact of AI technology. Alex's journey from being a web developer to co-founding Eli.Eo exemplifies the possibilities of success through innovation and entrepreneurial spirit. As AI video generation continues to evolve, Eli.Eo remains at the forefront of this dynamic space, embracing responsibility, growth, and the future potential of AI-based videos.

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Highlights

• Eli.Eo is building the Next Generation video editing tool powered by AI avatars.
• The technology converts text to audio and combines it with recorded video of real actors speaking.
• Ethical considerations are prioritized, with content moderation and customization options.
• Education is the leading sector adopting AI video technology, with growth potential in healthcare and personalized videos.
• The future of AI video generation includes more realistic avatars, emotional expression, and integration with virtual reality.
• Eli.Eo's growth strategy focuses on product development, expansion into new geographies, and serving both B2C and enterprise customers.
• Entrepreneurs in the AI space should balance technology development with specific business niches and customer needs.

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FAQ

Q: Is it possible to create avatars from photos? A: Yes, Eli.Eo offers the option to create avatars from photos, providing an easier alternative to filming real actors.

Q: Can avatars accurately convey emotions in videos? A: Currently, avatars lack the ability to express emotions while speaking. However, future advancements aim to make avatars responsive and able to mimic human emotions through head and body movements.

Q: Which industries are adopting AI video technology? A: Education is currently the industry adopting AI video technology the most. However, other sectors, such as news media, healthcare, and personalized video creation, show potential for adoption in the future.

Q: How can entrepreneurs succeed in the AI space? A: Entrepreneurs in the AI space should focus on developing technology that meets specific business needs. Balancing technology development with customer feedback and product growth is crucial for success.

Resources

• Eli.Eo: Website
• Alex's LinkedIn profile: LinkedIn