5 App Ideas for ChatGPT’s New App Store ft. Greg Isenberg
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My First Million
This episode is titled:
5 App Ideas for ChatGPT’s New App Store ft. Greg Isenberg
Notable Quotes
"This is probably one of the bigger wealth creation moments in AI."
"If you ever saw stories about people like bankstatementconverter and you're like, ah, I wish I started that. That's so simple. If you're listening to this, you're early."
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Get More InsightsEpisode Summary
In this episode of My First Million, the hosts discuss the recent launch of the ChatGPT App Store during OpenAI's Dev Day, where Sam Altman introduced the concept of connecting various apps directly within ChatGPT. This innovation allows users to enhance their experience without needing to leave the ChatGPT interface, likening it to turning ChatGPT into a mini-internet. The hosts explore specific examples, such as integrating design tools like Canva and educational platforms like Coursera, emphasizing the discovery potential for app developers as ChatGPT suggests relevant apps based on user inquiries.
The conversation quickly shifts to the business opportunities arising from the App Store. With 800 million weekly active users, entrepreneurs can capitalize on the traffic by creating applications that show up when users ask particular questions. They brainstorm a range of potential applications including an AI-driven tax filing assistant, a healthcare concierge app, and tools for credit repair, discussing the technology requirements and potential profitability of each.
The hosts encourage listeners to think creatively about how they might develop simple tools that could take advantage of the new capabilities within ChatGPT. The discussion stresses that while automation technology offers convenience, there is still a need for human oversight and interaction to ensure success.
The conversation quickly shifts to the business opportunities arising from the App Store. With 800 million weekly active users, entrepreneurs can capitalize on the traffic by creating applications that show up when users ask particular questions. They brainstorm a range of potential applications including an AI-driven tax filing assistant, a healthcare concierge app, and tools for credit repair, discussing the technology requirements and potential profitability of each.
The hosts encourage listeners to think creatively about how they might develop simple tools that could take advantage of the new capabilities within ChatGPT. The discussion stresses that while automation technology offers convenience, there is still a need for human oversight and interaction to ensure success.
Key Takeaways
- The ChatGPT App Store presents new opportunities for business innovation as it allows integration of various applications directly within the ChatGPT interface.
- Early adopters have the chance to create successful businesses by harnessing the 800 million weekly active users on ChatGPT.
- Simplicity in app creation can lead to significant opportunities, such as developing tools for tax filing, healthcare consultation, or credit repair.
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