So, listen up folks, there’s some big news coming out of OpenAI. They just updated ChatGPT to include PDF services over the weekend. Now, this update has got some people talking, as it seems to have put a damper on several AI startups that were built around PDF analysis and were meant to be used as add-ons for ChatGPT. These startups might now be rendered useless due to this update. It’s a rough blow for these small AI companies, let me tell you.
One guy who’s not too happy about this is Sahar Mor, the product leader at Stripe. In a LinkedIn post on Sunday, he said, and I quote, “OpenAI just made a move that will kill dozens of AI companies.” He’s talking about these container startups, which are essentially add-ons to ChatGPT that allow users to add various functions and capabilities, like PDF analysis, to the existing model. These functionalities are not provided by OpenAI, so these small AI startups stepped in to fill that gap. But now, with this update, it seems like their days might be numbered.
And it’s not just Sahar Mor who’s upset. Other AI executives are venting their frustrations on Twitter. Alex Ker, the founder of the AI incubator, P-ai, tweeted on Saturday, and I quote, “Many startups just died today.” Ouch, that’s gotta hurt.
Alex Reibman from ChatOCR also chimed in, saying that his startup has been affected by this update. In a tweet on Monday, he expressed his disappointment about the drop in usage after the release of the update. Looks like it’s a tough time for these guys.
Now, it’s still unclear whether this latest OpenAI update will really wipe out any generative AI startups. You see, with Microsoft backing them, OpenAI can keep adding new features like PDF analysis, which could very well be a whole business for another startup. So, who knows what the future holds for these companies.
But let me tell you this, OpenAI is in a pretty good position right now. They’re like the big dog in the yard, especially with the Biden administration’s executive order on AI. This model, ChatGPT, is the largest language model out there. And under Biden’s order, generative AI companies have to share the results of security tests and develop new standards to protect against worst-case scenarios. Now, big players like OpenAI, Meta, and Anthropic have the resources to handle these requirements, but smaller AI startups might get suffocated by the regulation.
And here’s another interesting tidbit. OpenAI is hosting its Dev Day on November 6th, their first-ever developer conference. They’re aiming to wow developers and inspire them to create new products using ChatGPT. It’s gonna be exciting to see what they come up with.
Well, that’s the latest scoop from OpenAI, my friends. Stay tuned for more updates. And remember, this content has been translated, so there might be some slight differences. But if you want the original version, just click on the link. Catch you later!