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06 April 2023

Midjourney V5 Update: Everything You Need To Know (#107)

8Frameworks
14Insights

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Frameworks in this episode

Insights & moments

The myth-busts, hot takes, explainers, and tools worth keeping.

Myth Buster· 1

Myth Buster19:30

Why Midjourney V5 Still Is Not Production-Ready for Everyone

Despite impressive output, Midjourney remains difficult to customize and often produces first drafts that need professional refinement. Its Discord-only interface and lack of an API further limit adoption by mainstream teams and developers.

  • Useful results still require prompting knowledge
  • Outputs may need a designer's production pass
  • The service is accessed through a Discord bot
  • There is no developer API at the time discussed
  • The product remains in beta

I think Midjourney is really great for first drafts

Kieran Flanagan · 20:00

There's no API. So if you're developer, you can't access Midjourney right now.

Kip Bodnar · 21:30
#midjourney#limitations#discord#production-workflow

Hot Take· 2

Hot Take12:00

AI Companies May Seek Adoption Before Regulators Catch Up

The discussion compares emerging AI companies with Uber and Napster: innovators may move quickly through unresolved legal territory while incumbents remain cautious. Broad consumer adoption can make products politically difficult to remove, potentially forcing copyright rules and business models to evolve around them.

  • Large incumbents face greater litigation and reputational exposure
  • Startups may accept legal risk to gain momentum
  • Mass adoption can make strict regulation politically difficult
  • Copyright law is likely to become central to the AI industry

When you have innovation, you have incumbents that are forced to move slower because they have a lot to lose.

Kip Bodnar · 12:00

copyright law is gonna be at the center of a lot of the discussion that we have in AI.

Kip Bodnar · 12:30
#copyright#regulation#ai-strategy#innovation
Hot Take16:00

Stock Photography Could Be an Early Casualty of Image AI

The hosts identify stock-image businesses such as Getty Images as likely losers if generative tools provide cheaper, more customized alternatives. Designers may also face disruption, which could produce lawsuits and intensify disputes over whether AI companies trained on protected work.

  • Generative images compete directly with stock photography
  • Stock-image companies depend on controlling copyrighted catalogs
  • Displaced companies and designers have incentives to litigate
  • The market may still benefit from replacing expensive, weak products

Getty images, like all these stock photography sites, they're dead overnight.

Kieran Flanagan · 16:00

I think some of these businesses should go away.

Kip Bodnar · 17:30
#stock-photography#getty-images#design-jobs#disruption

Explainer· 6

Explainer03:00

Why Image AI Could Eliminate a Major Marketing Bottleneck

Traditional marketing images require a designer, generic stock photography, or do-it-yourself tools that may produce weak results. The hosts argue that image generators can make high-quality visual production faster and more accessible to individuals and small teams.

  • Professional design work can be expensive or slow to obtain
  • Stock photography often looks generic and carries usage restrictions
  • Image AI gives marketers another route to custom visual assets
  • Faster visual production can expand what resource-constrained teams execute

image AI is just going to completely change how we create content.

Kip Bodnar · 03:00

stock photography, it's like, oh, it's clear that we're using stock photography here, right?

Kip Bodnar · 03:30
#image-ai#marketing#design#content-production
Explainer04:30

What Changed in Midjourney V5

Midjourney V5 substantially improves the realism and overall quality of generated images compared with earlier versions. It also introduces controls that help experienced designers refine aspects such as tiling and aspect ratios, although the product remains an early beta.

  • V5 produces noticeably more realistic images
  • The quality difference from previous models is visually significant
  • Additional commands provide greater control over output
  • The model remains imperfect and experimental

the graphics are much more realistic.

Kieran Flanagan · 04:30

It's not perfect for sure. It's not, it's super early, it's still in beta.

Kip Bodnar · 08:30
#midjourney#v5#image-generation#design
Explainer10:00

Why Midjourney Can Outperform Adobe Firefly

The hosts attribute the quality gap between Midjourney and Adobe Firefly partly to their training data. Adobe limits Firefly to Adobe Stock and openly licensed images, while Midjourney draws from a broader pool, illustrating how data access can outweigh company size or model-building resources.

  • Firefly uses a comparatively restricted training set
  • Midjourney benefits from broader image access
  • A smaller team can outperform an incumbent with better or more abundant data
  • Output comparisons must account for differences in training constraints

the Adobe Firefly model is only trained on Adobe stock and open licensed images, not copyrighted.

Kip Bodnar · 11:00

Data is a currency of the AI world.

Kip Bodnar · 11:00
#training-data#midjourney#adobe-firefly#image-ai
Explainer14:30

Could AI Copyright Follow the Napster-to-Spotify Transition?

Kip suggests that today's unrestricted model training may resemble Napster's disruptive but legally unsustainable approach. A later settlement could preserve convenient AI products while introducing licensing or royalty mechanisms, much as Spotify legitimized on-demand music streaming.

  • Napster changed expectations despite being shut down
  • Spotify preserved convenient access while compensating rights holders
  • AI may eventually adopt a new licensing or royalty structure
  • The future copyright regime may differ from both pre-AI law and current practices

Napster came along, totally ignored copyright, and basically created a peer-to-peer file sharing network

Kip Bodnar · 14:30

that paved the way for a new model in Spotify

Kip Bodnar · 15:00
#copyright#napster#spotify#ai-business-models
Explainer17:30

Brand-Trained AI Could Let Anyone Produce On-Brand Creative

The hosts envision expert designers continuing to define a company's identity, templates, and visual foundations. AI systems trained on those assets could then let employees generate polished, consistently branded materials without waiting for a designer to produce every individual item.

  • Skilled designers remain responsible for foundational brand work
  • A company can train or condition tools on its own brand materials
  • Employees gain self-service access to consistent creative assets
  • AI reduces recurring production work rather than eliminating all design expertise

But what you were able to do is train it on your own brand material.

Kip Bodnar · 17:30

make it accessible to anybody in your company to create beautiful images, beautiful templates, everything they need with text exceptionally quickly that is always on…

Kip Bodnar · 18:00
#brand-design#automation#marketing-teams#image-ai
Explainer23:00

How Neural Radiance Fields Could Transform Video Production

Neural radiance fields, or NeRFs, reconstruct a navigable 3D representation from captured views of a scene. Tools such as Luma can separate and manipulate elements from that environment, potentially allowing marketers and game creators to produce new scenes without filming every required shot.

  • NeRF stands for neural radiance fields
  • The technology builds a 3D representation of a captured scene
  • Individual environmental elements can be repositioned or reused
  • The approach could reduce raw-footage and production requirements
  • Gaming is an early high-value application

a Nerf is essentially neural radiance fields.

Kip Bodnar · 23:30

So it's basically unstitching a 3D video and rendering to use it to create new videos.

Kip Bodnar · 24:00
#nerfs#luma-ai#video-ai#3d

Tool· 2

Tool06:00

Midjourney Describe Turns Images Into Reusable Prompts

The Describe command lets a user upload an image and receive suggested prompts for recreating its visual qualities. Those prompts can then be modified through the Imagine command, making it easier to learn prompting techniques and rapidly explore variations.

  • Describe analyzes an uploaded image and proposes prompts
  • Users can reuse the output with the Imagine command
  • Changing a small part of the prompt produces new variations
  • The generated prompt may not perfectly reconstruct every source image

describe allows you to upload an image.

Kieran Flanagan · 06:00

that allows you to quickly learn how an image was created

Kieran Flanagan · 07:00
#midjourney#prompting#describe-command#image-generation
Tool09:00

Use Midjourney for Creation and Canva for Finishing

Kieran proposes combining Midjourney's generative and iterative capabilities with Canva's practical production tools. Midjourney supplies the source image, while Canva adds finishing touches, templates, and formatting for presentations or social posts.

  • Generate and iterate on the core image in Midjourney
  • Move the selected output into Canva
  • Add templates, text, or other finishing touches
  • Format the asset for its final marketing channel

I can actually take the image, I can iterate on it in mid journey, and then I can take it on Canva and add some…

Kieran Flanagan · 09:00

whether it be a social post, whether it be a presentation, what have you, right?

Kip Bodnar · 09:30
#midjourney#canva#workflow#marketing-design

Takeaway· 3

Takeaway01:00

AI Is Making Valuable Content Easier—and Harder—to Follow

The hosts describe how the pace of AI releases is overwhelming even people who closely follow the industry. As content becomes easier to produce, knowledge workers must cope with more information while selectively learning the tools most relevant to their work.

  • AI products are evolving faster than users can fully explore them
  • Cheaper content creation will increase information overload
  • Knowledge workers need to choose a few areas of AI on which to focus

Like it's actually too quick.

Kieran Flanagan · 01:00

great content is now easier to make than ever.

Kieran Flanagan · 01:30
#ai#content#knowledge-work#information-overload
Takeaway22:00

Midjourney, Firefly, and Canva Serve Different Needs

The three leading image-AI options are positioned around different strengths. Midjourney offers the strongest generation capability, Adobe emphasizes legal and licensing compliance, and Canva supplies the most accessible workflow for marketers already using its design suite.

  • Choose Midjourney for image-generation power
  • Choose Adobe Firefly when compliance is the priority
  • Choose Canva for practical integration into existing workflows
  • The eventual market leader may not be one of today's early products

Midjourney is the most powerful. Adobe is the most compliant, and Canva is the most kind of Goldilocks in the middle.

Kip Bodnar · 22:00

Yeah, it's the most practical.

Kieran Flanagan · 22:30
#midjourney#adobe-firefly#canva#tool-selection
Takeaway26:00

AI Media Is Advancing from Text to Images to Video

The hosts frame generative-media progress as a sequence based on technical complexity: text first, images next, and video last. Image generation is already useful despite limitations, while rapidly improving 3D and video systems suggest that production workflows will change soon afterward.

  • Text is the simplest generative medium
  • Images represent the next level of difficulty
  • Video is the most technically demanding medium
  • All three categories are progressing rapidly
  • Marketers should begin experimenting before the tools fully mature

The sequence of this stuff is text, image, video in order of progression because text is the simplest, images are the next difficult, and video…

Kip Bodnar · 26:00

there's a new way of working that has been built before our eyes.

Kieran Flanagan · 26:30
#generative-ai#video-ai#image-ai#marketing