Stratechery [FREE] The Accidental Consumer Tech Company; ChatGPT, Meta, and Product-Market Fit; Aggregation and APIs
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Mar 28, 2023 Discover the rapid ascent of OpenAI as it transforms into a consumer tech giant with ChatGPT. Explore how AI products evolve from simple demos to essential tools, emphasizing product-market fit. Delve into market dynamics and the impact of successful innovations like VMware. Uncover the transformative power of consumer tech, focusing on customer acquisition strategies and the importance of APIs, plugins, and strategic collaborations. This discussion highlights the future possibilities of enhancing human capabilities through technology.
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Accidental Consumer Tech Company
- OpenAI's ChatGPT's rapid user growth transformed it into a consumer tech company unintentionally.
- This shift prompted strategic questions about their business model, which initially focused on API access.
OpenAI's Structure
- Nat Friedman and Daniel Gross, in an interview, discussed the lack of AI product companies despite the available technology.
- They highlighted OpenAI's unconventional structure, being somewhere between a startup and a research lab.
Shift in OpenAI's Ambition
- OpenAI's launch of ChatGPT plugins signals a shift in ambition, embracing its role as a consumer tech platform.
- This move demonstrates OpenAI's acceptance of its newfound consumer tech company status.