AI startups feel the heat as OpenAI adds ChatGPT features

AI startups feel the heat as OpenAI adds ChatGPT features AI News, AI, AI tools, DailyAI, Eugene van der Watt, Innovation, itinai.com, LLM, t.me/itinai [Formatted LinkedIn Post] 🚀 AI Startups Feel the Heat as OpenAI Adds ChatGPT Features 🚀 OpenAI has recently introduced new features to its ChatGPT Plus users, causing a negative impact on some AI startups. These new features have disrupted the business model of several startups that provided similar functionalities through plugins. 🔹 ChatGPT now supports the uploading and analysis of various file types, including PDFs, without the need for specific tools or plugins. This addition has made it challenging for startups that offered PDF analysis services to compete. 🔒 Large corporations like Google and Meta have discussions on the need for a "moat" to protect their AI products. Smaller startups often build features as standalone products, making them vulnerable to OpenAI's ability to add those features to ChatGPT directly. The introduction of new features has raised concerns among AI startups that rely on OpenAI's technology. Not owning the underlying model puts these startups at significant risk. 🔧 Practical Solutions for Evolving with AI 🔧 If you want to leverage AI to evolve your company and stay competitive, consider the following steps: 1️⃣ Identify Automation Opportunities: Locate key customer interaction points that can benefit from AI. 2️⃣ Define KPIs: Ensure your AI endeavors have measurable impacts on business outcomes. 3️⃣ Select an AI Solution: Choose tools that align with your needs and provide customization. 4️⃣ Implement Gradually: Start with a pilot, gather data, and expand AI usage judiciously. For AI KPI management advice, connect with us at hello@itinai.com. Stay updated on leveraging AI by following us on Telegram or Twitter. 🔦 Spotlight on a Practical AI Solution: AI Sales Bot 🔦 Consider using the AI Sales Bot from itinai.com/aisalesbot to automate customer engagement and manage interactions across all stages of the customer journey. Explore how AI can redefine your sales processes and customer engagement on our website. 🌐 List of Useful Links 🌐 - AI Lab in Telegram @aiscrumbot – free consultation - AI startups feel the heat as OpenAI adds ChatGPT features - DailyAI - Twitter – @itinaicom