Transforming Everyday Interactions: An Interview with Michael Jung of DeepBrain AI on the Future of AI Avatars
I had the pleasure of interviewing Michael Jung, CFO and Head of Global Business at DeepBrain AI, who brings vast experience in corporate strategy and AI technology. With a background in economics and accounting from UC San Diego, he has held significant roles at SK Group and LG Group, specializing in M&A and valuation. At DeepBrain AI, Michael focuses on generative AI avatar solutions. He is excited to see how the finance industry is adopting this technology, believing it will revolutionize engagement. AI avatars are poised to transform interactions across various sectors, including finance, retail, hospitality, education, automotive, and healthcare, seamlessly integrating into daily life.
What motivated you to join DeepBrain AI?
I was motivated to join DeepBrain AI due to the company’s pioneering role and cutting-edge technology in the field of conversational AI avatars and video synthesis. I saw an opportunity to leverage DeepBrain AI’s innovative solutions and expanding market presence to drive growth, particularly in the US market. The company’s success in Korea and its partnerships with major global tech companies like Lenovo, Intel, and AWS further inspired my decision, aligning with my vision to enhance human experiences through AI.
What excites you about what you’re building?
This AI avatar solution is changing our society and transforming how people perceive AI in their everyday lives. By integrating AI avatars into various sectors like banking, shopping malls, and education platforms, we are demonstrating the practical and beneficial uses of AI in routine activities. These avatars provide personalized, efficient, and engaging experiences, which help shift the mindset that AI avatars can indeed be a natural part of our normal lives. I’ve already seen AI avatars being utilized all over the place, from banks and shopping malls to education platforms and more. This widespread adoption showcases their versatility and the positive impact they have on enhancing customer experiences and streamlining services.
What has been your biggest challenge when growing your startup?
The biggest challenge when growing my startup has been balancing rapid innovation with scalability. As we continually push the boundaries of what AI avatars can achieve, it’s crucial to ensure that our solutions can scale effectively to meet increasing demand. This involves not only technical challenges but also expanding our team with the right talent, securing strategic partnerships, and navigating the complexities of different markets. Additionally, changing public perception and demonstrating the value of AI in everyday applications has required significant effort and strategic communication. Despite these challenges, the progress we’ve made and the impact of our work continue to drive us forward.
What are your future plans for your startup?
Our future plans for DeepBrain AI are centered around expanding our technology’s reach and impact. We aim to enhance our AI avatars’ capabilities, making them even more lifelike and interactive. This includes advancing our real-time conversational AI, improving the realism of our 2D and 3D avatars, and integrating more sophisticated gesture and emotion recognition. We also plan to scale our presence globally, particularly in the US market, by leveraging our partnerships with major tech companies like Lenovo, Intel, and AWS. Expanding our client base across various industries such as finance, healthcare, education, and retail is a key goal, ensuring that our AI solutions can benefit a diverse range of applications. Moreover, we’re committed to continuous innovation, investing in R&D to stay at the forefront of AI technology. This includes exploring new uses for our AI avatars in emerging fields like the metaverse and developing solutions that align with the latest advancements in large language models. Ultimately, our vision is to make AI an integral part of everyday human experiences, enhancing interactions and making technology more accessible and trustworthy for everyone.
If you had to share “words of wisdom” with a founder who’s about to start their own startup, what would they be?
Stay passionate and persistent in your entrepreneurial journey, and focus on understanding your market deeply to create genuine value for your customers. Build a strong, diverse team and be adaptable, ready to pivot when necessary. Manage your finances wisely, seek mentorship, and embrace failure as a learning opportunity. Above all, stay true to your vision and prioritize your well-being to maintain the energy and creativity needed to drive your startup towards success. While many successful founders will share this advice, it’s crucial to view the market need for your product or solution from others’ perspectives, not just your own.
How can our readers follow you on social media?
https://www.linkedin.com/company/deepbrain-global
www.deepbrain.io
This was very insightful. Thank you so much for joining us!
