this post was submitted on 18 Nov 2023
1 points (100.0% liked)
Entrepreneur
0 readers
1 users here now
Rules
- No Personal Attacks - criticism of ideas is allowed, attacking people is not.
- Self Posts Only - links can only provide supplementary material. Your post must contain enough content to have a discussion.
- No “How To Get Rich Quick” posts - This community is not about making a quick buck. Posts asking the community how to make $X, without making specific reference to a reasonable idea, are not tolerated.
- Avoid unprofessional communication - Please treat fellow entrepreneurs like respected coworkers, label conversations if NSFW and avoid deliberate provocations.
Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Remember how many businesses who built their concepts around AI are struggling. All the chatbot tools that basically got killed by new updates, the web browser extensions that got killed by GPT updates, etc.
AI as a part of your business makes perfect sense. AI as your business is a dangerous game to play. Most AI apps are built on OpenAI API's right now, which isn't inherently bad, but please remember Apollo with Reddit. Took one price hike to kill a multi-million user app in a matter of months.
Tons of businesses are adding AI to their offerings, and doing great because of it. Hubspot, Hootsuite, Figma, Framer and plenty more, but they are real fully sustained businesses using it for extra functionality, not building their businesses around it.
My business makes use of AI, but if AI died tomorrow because of corporate intervention, the whole thing would still work wonderfully.
Think of all the businesses built on Blockchain and NFT tech that aren't around anymore because the hype died and the market decided they were worthless. Do I think that's going to happen to AI? No, but I don't think AI should be seen as this mystical thing we should run towards.
AI is the gold rush in the old west. Plenty of money to be made, but the most successful people are selling shovels.