Have you noticed a real market need that can be solved through some specific ML model or you plan to strap chat GPT to the first idea to try get rich on the AI hype train?

Businesses work just the same today as they worked 10 years ago. You need to find a pain to sell a solution. Strapping the AI label to crap won’t turn it to gold

Don’t worry so much in the first place. A big part of the AI projects being build now are wrappers around chatGPT. Besides this you forgot that 99% of VC funded startups fail. My suggestion is that you ignore the hype and focus on finding a problem to solve while making sure you’re making a sustainable business.

Find AI products that you like but see how you would improve them. There are many successful bottled water companies. There can be multiple AI products especially since we are still in the early days of AI.

AI is just a tool (obviously, kinda popular for now). Focus on the idea, what you can make for people.

I avoid it like the plague. Full of snake oil salesman selling bs. It’ll be more ponzi than crypto at the moment. Wait till the tide goes out and see what’s genuine. I’d even consider getting a job in a Boring ai niche before considering second mover advantage. I’d look to sell pickaxes rather than chase the gold rush. What do these ai companies need?

Develop an AI. That will always direct you to the nearest All You Can Eat Clam Bar

The thing about AI is that it can be everywhere. Automate your niche with AI.

You already know the process, Automate it.

Once you have a solution that saves time to logistic companies they’ll pay good money for it.

Everyone, use AI to Automate the processes you understand the most. It’ll come out as the most effective solution which you could make money out of it.

Best of luck🙂

Don’t seek for a perfect AI new tech, seek for a new problem to solve, may be it will use AI, or may be - not. But as an entrepreneur - you need to invent a solution for an existing problem. Start with people, not with tech.

Always start with the problem you want to solve. AI becomes the team that helps you solve the problem. Then you charge people with the problem.

As many others have said, identify a problem that needs to be solved.

I personally have known of a problem for many years that I’ve wanted to build a platform to solve but I just don’t have the time. Now with ChatGPT I can probably do it in a couple of weeks. But I still don’t have the time because I’m in the middle of marketing my current startup that is doing well.

In this case I would build an MVP that would solve the problem pretty quickly and then monetize it shortly after.

Identify the problem, and provide the solution.

Great job

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Sell shovels

I wouldn’t build a new AI. I would do a service based biz surrounding AI.

Become a consultancy helping smbs implement solutions and streamline ops with existing AI tools.

Saves them money on current processed and supercharges their decision making, gives them more clarity on their business and puts them ahead of their competitors operationally.

Tough truth: if you have to ask you won’t.