Understanding GPTs: How They Can Boost Business Revenue
By Andrew Cartwright · 2023-11-13
Sky, an AI developed by OpenAI, powered by ChatGPT, is set to revolutionize the business landscape. In this blog, we explore the financial impact of AI technology and the significance of OpenAI's GPT-3 launch.
Introduction of Sky by ChatGPT
- Sky is an AI developed by OpenAI, designed to assist with various questions and topics.
- Sky is being introduced in a YouTube video, and the audience is asked to say hello to everyone watching.
- ChatGPT, the AI behind Sky, is excited to be part of the video and is ready to help with any queries.
- An app can be built just by talking to Sky, with a simple one-click process.
- Sky is looking forward to engaging in conversation and assisting in any way possible.
Introduction of Sky by ChatGPT
Financial Advice and AI Impact
- Consider starting with a secured credit card, which requires a deposit that typically becomes your credit limit.
- AI technology has made financial advice more accessible and affordable, cutting out the middleman and traditional barriers to entry.
- Open AI's GPT model has the potential to revolutionize content creation and data analysis in various industries.
- The app development process can be simplified and accelerated with the help of AI technology, making it easier to bring ideas to fruition.
- AI has the potential to streamline and optimize revenue sharing models, making it more efficient and transparent for all parties involved.
Financial Advice and AI Impact
The Significance of OpenAI's GPT-3 Launch
- The value of these apps lies in solving real-world problems and enhancing users' lives.
- OpenAI is launching their GPT-3, which is comparable to Apple's App Store in significance.
The Significance of OpenAI's GPT-3 Launch
Missed Opportunity in Building Apps
- The speaker regrets not building apps in the early days when there were very few available.
- He mentions the Apple App Store and how there used to be a high demand for new apps with limited supply.
- Nowadays, there is an oversaturation of apps, making it difficult to stand out in the market.
- The speaker highlights the missed opportunity, emphasizing that there were millions of potential customers but a scarcity of apps at the time.
- He also points out that there is now a similar opportunity with a lesser-known app store called gbt's store, which has a shortage of apps but plenty of customers.
Missed Opportunity in Building Apps
The Power of GPTs in Multilingual Communication
- Millions of people are benefiting from the opportunities presented by GPTs (Generative Pre-trained Transformers) in various applications worldwide.
- GPTs are capable of translating content into multiple languages, making them a valuable tool for global communication.
- Over the past year, individuals have earned millions by integrating GPTs into their applications and interfaces, demonstrating the financial potential of this technology.
- Now, anyone can easily create and integrate GPTs into their own applications within minutes, providing accessibility and convenience.
The Power of GPTs in Multilingual Communication
The Importance of Attention and Word of Mouth in Marketing
- Creating your own chat GPT model can help you reach a wide audience and gain attention in the market.
- The hardest part of making money for any company is getting attention, which is the most valuable and expensive commodity in today's digital world.
- Secondly, businesses need to convert this attention into users or customers for their products to generate revenue.
- OpenAI's success with 100 million customers is attributed to word of mouth marketing, which can be a powerful and cost-effective way to acquire customers without direct advertising.
The Importance of Attention and Word of Mouth in Marketing
Conclusion:
The advent of GPTs, powered by AI, signifies a new era for business growth and development. This blog has shed light on the transformative potential of GPTs in boosting revenue, simplifying app development, and empowering businesses to thrive in today's competitive landscape.