It’s the era of AI and unsurprisingly various AI tools have emerged and continue to emerge frequently. Out of these, the design-related AI tools are the most exciting ones for those who want to get their marketing creatives done with ease.
And among these amazing design-related AI tools and software perhaps the most transformative innovation lies in AI video editing software. Video editing tasks that once demanded extensive time and expertise now yield to AI algorithms, enabling seamless editing with a few clicks. From automated scene detection to intelligent color grading and even content-aware cropping, AI revolutionizes the editing process, transforming intensive work hours into a streamlined, efficient, and smooth workflow.
This democratization of video editing empowers creators to focus on their vision rather than technicalities. And that in turn births creativity and productivity in equal measure.
In this blog, we hope to introduce you to the top AI video editors in 2024.
But first, let’s answer the elephant in the room. Are AI video editing software better or worse than hiring a video editor?
The best way to tackle this conflict would be to make a pros and cons list.
So let’s first list out those about using AI video editors.
1. Speed and Efficiency – AI software can process and edit videos quickly, saving time compared to manual editing.
2. Cost-Effective – AI software often requires a one-time purchase or subscription fee, which can be more affordable than hiring a human editor, especially for basic editing tasks.
3. Accessible – Most AI editing tools are typically user-friendly and accessible to individuals with little to no editing experience.
4. Consistent – AI video editors can provide consistent results, ensuring a uniform style across multiple projects.
5. Automated Features – AI software may offer automated features like scene detection, color correction, and audio enhancement, streamlining the editing process.
1. Lack of Creativity and Personalization – AI software may not offer the same level of creativity and personal touch as human editors, resulting in less unique or customized videos.
2. Limited Complexity – While AI editing tools are suitable for basic editing tasks, they may struggle with more complex editing requirements or specific creative directions.
3. Learning Curve – Users may need time to familiarize themselves with the software interface and functionalities, potentially slowing down the editing process, at least initially.
4. Limited Human Judgment – AI software lacks human intuition and subjective judgment, which can be crucial for making creative decisions and achieving the desired emotional impact in some videos.
Now let’s take a look at the good and the bad of using a hired video editor.
1. Creative Expertise – Human editors bring creativity, artistic flair, and storytelling skills to the editing process, resulting in more engaging and impactful videos.
2. Personalization – Working with a human editor allows for direct communication and collaboration, enabling clients to express their vision and preferences for each project.
3. Flexible and Adaptable – Human editors can adapt to unique project requirements, offering tailored solutions and accommodating last-minute changes or client feedback.
4. Quality Controlled – Human editors can exercise spontaneous judgment and attention to detail, ensuring high-quality edits that meet professional standards and client expectations.
5. Versatile – Experienced video editors can handle a wide range of editing tasks, from simple cuts and transitions to advanced effects and animation.
1. Cost – Hiring a skilled video editor can be expensive, especially for long-term or complex projects, leading to higher overall project costs compared to using AI software.
2. Time-Consuming – Manual editing by human editors may take longer than using AI software, particularly for large or time-sensitive projects.
3. Subjectivity – Different editors may interpret creative briefs differently, leading to potential discrepancies in the final product’s style or tone.
4. Dependence on Availability – The editing process may be delayed if the hired editor is unavailable due to other commitments or scheduling conflicts.
5. Skill Variability – The quality of edits can vary depending on the expertise and experience level of the hired editor, leading to inconsistencies in the final output.
While both sides have compelling reasoning, it finally boils down to the following:
It’s now time to move ahead to look at the AI video editors we deem as the top picks for 2024.
Invideo AI is an AI-powered video editing tool co-founded in 2017 by Anshul Khandelwal, Harsh Vakharia, Pankit Chheda, and Sanket Shah. Sanket Shah is the current CEO.
This AI software operates entirely in-browser, requiring no downloads.
Here are some of the important things to know about this service:
InVideo AI offers 3 plans, of which 1 is free and the other 2 are paid plans.
Free
Plus – $25/month
Max – $60/month
Here’s a demo example of the tool in action:
InVideo has a huge number of reviews available.
Here’s a look at the ratings they have on different platforms, featured on their website:
Here’s a Trustpilot review:
Lumen5 is a video maker and editing tool that uses AI technology to turn articles and blog posts into full videos. The company is based in Vancouver, Canada, and was co-founded by Michael Cheng, Nigel Gutzmann, and Christopher Bowal. Lumen5 has also been recognized as one of Canada’s fastest-growing companies.
Let’s move ahead to take a look at all the important details.
Lumen5 offers 5 types of plans. They offer a free plan that’s mostly for casual video enthusiasts and has very limited features. Videos created in the free plan come with a watermark as well. But the paid plans offer great features that you should look into in this feature comparison chart on their website.
Community – Free
Basic – $29/month
Starter – $79/month
Professional – $199/month
Enterprise – Custom pricing
Here is an explainer for Lumen5 which also offers a peak into some examples of how the videos look like:
For more examples, we recommend visiting their website.
Here are some reviews available on their website:
Here’s a review on Trustpilot:
Munch is an AI Video Editing Software founded in 2021 by Oren Kandel and Peter Naftaliev. It’s headquartered in Tel Aviv, Israel. This AI video editing software helps repurpose existing long-form video content by making them bite-sized videos, that are well suited for social media platforms.
Let’s look at the most important details regarding Munch that you need to know to get started with their services.
Munch only offers one plan. Initially, they did however provide 2 more higher-priced additional plans which don’t seem to be in function anymore. A free trial is also available for users exclusively in the US.
Pro – $49/month
Here is an example of a user explaining the process of creating videos using Munch:
Here are some reviews featured on their website:
Synthesia’s AI video editing software is a no-skills or equipment solution to creating videos from scratch in minutes. The Synthesia company is based in the United Kingdom and was co-founded in 2017 by Victor Riparbelli, Matthias Niessner, Steffen Tjerrild, and Lourdes Agapito.
It’s the oldest app from this list of AI video editors and continues to be one of the top ones even in 2024. Their video tools are used by big brands like Xerox, Zoom, Heineken, and BBC.
Let’s take a look at the most important things you need to know about this AI video editing software.
Synthesia has 3 plans to choose from based on your needs and the volume of work.
Starter – $22/month
Creator – $67/month
Enterprise – Custom pricing
Here are some amazing examples of videos done using Synthesia’s AI video editor:
Here are a few reviews on G2 featured on their website:
Canva is an Australian-based online graphic design and video design editor founded by Melanie Perkins, Cameron Adams, and Cliff Obrecht. Canva has been perfecting many AI features into its editor with it continuing to be one of the most used design apps of all time.
As such, Canva’s video editor stands out as a user-friendly drag-and-drop tool accessible both within the app and via a web browser. Its unique feature lies in its AI capabilities, particularly showcased in the Magic Design for Video function.
Let’s look at some of the important details to know about Canva’s AI video editing tool.
Canva Free – $0
Canva Pro – $54.99/year per person
Canva for Teams – $130/year total for the first 5 people
Different plans give different usage limits for Magic Design features. We recommend visiting their website for a detailed overview of these.
Here’s an example/tutorial of an AI video edit:
Here are some reviews on G2 about Canva’s overall greatness and praise for its AI video editing tools:
And on that note, let’s move ahead to wrap things up.
So there you have it, the top picks for 2024 among AI video editors include these five options. Undoubtedly, more than one of these software choices has piqued your interest. And judging from the range of solutions they provide and the various use cases they excel in, it’s evident that they will be incredibly useful. Regardless of your business size, these tools offer ample opportunities to achieve your video editing objectives.
But the final decision does revolve around the previous conditions we mentioned: Individual preference, the scope of the requirement, the complexity of the project, and the budget.
Even with the availability of AI video editors, there may be times when you prefer to delegate editing tasks entirely. And luckily, Canva along with its new AI features is utilized by unlimited design companies like Design Pickle, KIMP, and Flocksy. If you wish to relinquish the entire editing process, these companies are ideal candidates to entrust with your work.
Regardless of your choice, we hope you discover the most efficient and secure method for completing your video editing tasks!
