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🏠 OpenAI Sends Their Regards

🏠 OpenAI Sends Their Regards

GPTs or startup killers?

Stephen Flanders
November 08, 2023

Gm. I’ve been on a Christopher Nolan kick lately. Inception, Interstellar, Memento, Dunkirk, The Dark Knight… he just has so many classics. So, I’m starting off this newsletter with a poll: what’s your favorite Nolan? For me, it’s Interstellar.

What's your favorite Nolan movie?

And why?

— Stephen Flanders

🏠 AI

Introducing GPTs

OpenAI had its DevDay on Monday (see the recap down below), and they dropped banger after banger. But the highlight of the conference, or at least the part that got the most people talking, was the release of GPTs.

These little buggers are custom versions of ChatGPT that you can create for a specific purpose with nothing but natural language. Basically, you can now create any GPT wrapper right inside ChatGPT without needing a lick of coding ability.

Let Sam Altman demonstrate by building a startup mentor in less than 4 minutes:

Madness, @sama builds a custom GPT using private knowledge in just under 4 minutes.
Then he goes on to share it.
There will be millions of GPTs.
— Linus (●ᴗ●) (@LinusEkenstam)
Nov 6, 2023

Any ChatGPT Plus subscriber can create and share GPTs publicly. Right now, that gives no benefit beyond helping your common man (and maybe some clout on X). But that will change later this month with the release of the GPT Store. Think the App Store for GPTs. If you’re GPT pops off on the GPT Store, you’ll be compensated for your efforts.

As you’d probably expect, this threw AI entrepreneur X for a loop. Some are polishing up their resumes for the inevitable job search. Some are pivoting harder than Ross Geller. And others see it as no big deal.

But whether you’re a proud founder of a ChatGPT wrapper or an enjoyer of AI on the sidelines, it’s probably a smart idea to get involved in this early. It’s not every day (or decade) that an opportunity like this comes along.

One Small Step For OpenAI, One Giant Step For AIs: GPTs could very well be the first step toward an AI agent dominated world, especially because what OpenAI has today will look “quaint” next year.

🤝 THE LATEST IN…

TECH

Cruise is straight up not having a good time right now.
WeWork is officially 86’d.
Big Tech is teaming up to fight online child abuse.
Epic Games is going back to court, this time against Google.

AI

OpenAI released a better version of GPT-4.
And they’ll pay for your legal fees if you get sued over copyright claims.
Here’s a recap of everything that went down at OpenAI’s DevDay.
AI’s can now negotiate contracts without human assistance.

SCIENCE

A startup is working on a device that will let you lucid dream on demand. And the slow march toward Inception continues.
Neuralink is working on a chip that will cure blindness.
Meanwhile, another group of scientists has created a brain implant that may enable communication from thoughts alone. Let’s get a brain chip!
Apple is working on a high-performance battery.

CRYPTO

There are multiple parties in the sweepstakes for relaunching FTX.
Kraken is exploring its own L2.
Circle is mulling over a 2024 IPO.
Binance is listing Ordinals.

🏃‍♀️ QUICKIES

Raise: Oxide Computer Co., a developer of on-premise cloud computers, has raised $44M in Series A funding.

Stat: 90%: How much OpenSea got marked down by one of their investors. This comes on the heels of OpenSea laying off 50% of its staff. Mom, Dad, I want to go home now.

Rabbit hole: My Company Died - Learn From My Mistakes (Every)