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introduction hello and welcome to AI in business in todays video Ill be showing you how to create a product or service that solves a specific problem and generates Revenue powered by AI artificial intelligence is a powerful tool that businesses can leverage to create intelligent solutions that solve real-world problems Step 1 identify the problem the first step is to identify the problem you want to solve this could be a pain point that your customers are experiencing an inefficiency in an existing process or an unmet need in the market once you have identified the problem you can start thinking about how AI can be used to solve it step two Define Your solution the next step is to Define Your solution this involves brainstorming the different ways AI can be used to solve the problem you identified in step one you might want to consider using machine learning algorithms natural language processing or computer vision to create your solution step 3. build your product now that you have