OpenAI’s GPT 4 Pro Will Run Your Business Better Than You… (#152)
Aug 31, 2023
30:07
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OpenAI's launch of Chat GPT enterprise disrupts the first generation of AI companies. The future of AI lies in customization for businesses. The importance of strong advantage and high switching costs in the AI industry. OpenAI's GPT-4 Pro to transform businesses with ready-made templates, but faces challenges from open-source models.
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Quick takeaways
OpenAI's launch of chat GPT for the enterprise eliminates the need for AI wrapper companies by providing customization capabilities and direct integration into workflows.
Data integration companies and businesses with real use cases for AI will thrive with the increased demand and adoption of OpenAI's chat GPT for the enterprise, while also addressing security and privacy concerns.
Deep dives
OpenAI launches chat GPT for the enterprise with enhanced features
OpenAI has launched chat GPT for the enterprise, a specialized version of its chat GPT that offers enterprise-grade security and privacy, large-scale deployment support, and faster performance. It also provides a bigger context window, accommodating more complex problems with up to 32,000 tokens. This announcement eliminates the excuses for companies to adopt AI by catering to the needs of even the most conservative and cautious organizations. As a result, AI adoption is expected to explode in the next year.
Disruption in the industry impacts AI wrapper companies
The launch of OpenAI's chat GPT for the enterprise has had a significant impact on AI wrapper companies. These businesses, built on top of OpenAI's API, offered vertical versions of chat GPT for specific functions such as marketing or sales. However, with the new enterprise solution and its customization capabilities, companies can now directly integrate chat GPT into their workflows, making the need for AI wrapper companies redundant. This is a disruptive move that challenges the viability of these AI wrapper businesses.
Data integration companies and businesses with real use cases benefit
Data integration companies and businesses with real use cases for AI are among the winners of OpenAI's chat GPT for the enterprise announcement. Companies that facilitate the integration of AI into business critical workflows will see increased demand as more companies adopt AI. Furthermore, businesses that have been hesitant to embrace AI due to security and privacy concerns can now utilize this enterprise solution, leveraging their own data to solve specific challenges and unlock the potential of AI.
OpenAI aims to become the AI layer for all companies
OpenAI's vision is to be the AI layer that powers every company. Their strategy centers around connecting chat GPT with any app within an organization, allowing data to flow to improve the AI model and generate more accurate insights. By providing customization options and enabling deep integration into a company's workflows, OpenAI seeks to provide a bespoke AI experience that serves as the brain of the organization. This move aims to make AI adoption more prevalent and seamless across businesses of all sizes.
If your business is wrapped around ChatGPT right now, see you later.
Kip and Kieran dive into how OpenAI killed the first generation of enterprise AI companies with the launch of ChatGPT enterprise. Learn why there’s less opportunity to build on top of OpenAI, how to build unique use cases by partnering with the best large langugage model, how OpenAI is pulling a classic business strategy lesson, and what 2 things will kill your business.