Prototype Validation: Turning Innovation into a Viable Start-up

On 20.08.2024 a session on "Earn through AI tools while learn” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of AI&DS. The session was handled by Mrs.S.Mohanap Priya AP/AI&DS, Francis Xavier Engineering College. Fifty six students from second year AI&DS-B and faculties of AI&DS department participated in the program. The program was coordinated by Mrs.P.Sooriabrabha, Assistant Professor, Department of AI&DS from 1.30PM – 4.30PM.

The program started with the introduction of the guest speaker by the EDC Coordinator. The guest speaker discussed the AI tools and how it can be used to earn income and develop entrepreneurship. She said AI tools offer diverse opportunities for earning, enabling individuals to capitalize on automation, data analysis, and content creation. Freelancers and entrepreneurs can use AI-powered platforms like ChatGPT for generating written content, while marketers can leverage tools like Mailchimp for automating email campaigns, increasing engagement and sales. Data scientists and analysts can employ AI algorithms to optimize stock market investments or create predictive models for businesses. Additionally, gig platforms such as Amazon Mechanical Turk allow users to earn by performing AI-assisted tasks like data labelling and transcription. These tools not only streamline workflows but also enhance productivity, allowing users to focus on more strategic aspects of their work, thereby maximizing earning potential. Through this program, participants showed interest in the concepts, methodologies and gave satisfactory feedback at the end of the session.