QuickBooks online already has a feature like this. Apple can copy paste text in table form too iirc?
QuickBooks online already has a feature like this. Apple can copy paste text in table form too iirc?
Think and grow rich, Zero to one , 100 ml dollar offers , Range
AI has been around since the 90s
- the term AI has been around since the 90’s which just referred to complex algorithms that performed a specific task , not really something considered true AI in any shape or form. It had very little ability’s to do things within context.
It’s still not profitable due to the insane amount of computing power required to run their bulky software.
- While this is currently true, this is the same setup most tech companies or major companies of any sort follow , their launch to profitability timeline is usually YEARS. OpenAi went from 28ml in rev their first year to over a billion in rev this year. Its in its infancy.
OpenAI CEO just got canned and reinstated for reasons we’re not being told. Big sign that something is off behind the scenes and the people in charge know it’s not going to work.
- Part of this has to do with Open AI’s CEO wanting go keep it as a Non- Profit org, and the board of directors wanting to turn a profit as soon as possible. Difference in beliefs of product use case etc from what ive read which is publicly available. Again look at Tesla, same thing they chopped and changed people and went through massive turmoil and product that wasnt making any form of product, most of their cars were sold at an astronomical loss early on while production technologies and systems were refined to bring it down to within tolerance.
“A year after Musk left, OpenAI created a for-profit arm. Technically, it is what’s known as a “capped profit” entity, which means investors’ possible profits are capped at a certain amount. Any remaining money is re-invested in the company.
Yet the nonprofit’s board and mission still governed the company, creating two competing tribes within OpenAI: adherents to the serve-humanity-and-not-shareholders credo and those who subscribed to the more traditional Silicon Valley modus operandi of using investor money to release consumer products into the world as rapidly as possible in hopes of cornering a market and becoming an industry pacesetter.”
OpenAI has openly stated that they want people to stop using their product because they make more money when less people use it.
- Interesting can you share a source where Open Ai states it wants people to stop using its product?
There’s no economy around it that benefits anyone but themselves in the long run. This will keep government inspired to shut them down.
- Known customers of OpenAI include Jane Street, a Wall Street trading firm, Morgan Stanley, Zoom, Wix, Notion, Stripe, Duolingo, Databricks, and others. Other large enterprises such as Ikea, Volvo and Coca-Cola get access to OpenAI technology through Microsoft Azure.
There is clearly a market for it and if you follow anything happening in the tech industry you will see theres been a massive push into AI for Tons of companies. Not just for optimizing their offerings , but also for increasing their productivity, training and internal systems. Every company using generic chat bots has already started the shift and now with voice recognition being implemented that understands context phone support systems will most likely be next.
To add to this, reaching volume limit for paid customers is not a good thing when the product is that generic. Just means there’s a supply and demand issue and it’s easier for competitors to offer competing products.
- There is a supply and demand issue in the right direction, far more demand than supply right now. The fact that companies are relying on Open AI’s Backbone to run their systems is what’s causing a huge growing pain which like all things tech will be figured out. Companies are already working on custom trained locally run systems for this. We are in the very beginnings of a new way of doing things across hundreds of industries.
Statements like " Bard is just Google with extra steps" makes me think you have very little understanding of the complexity difference and little appreciation for the nuances of context based data vs raw data. Either way succeed or fail, I am excited for the new opportunities and growth options it provides.
How is it failing? I use it extensively to make grind tasks and research way more efficient. It’s honestly increased my workflow massively and I’m excited for gpt4.5 next month. Also it’s reached volume limit already for paid accounts hardly failing. Do you actually have real in depth experience with it or is this just another comment from someone with an opinion backed by nothing?
Yeah my first thought about this is OP has designed a product to solve a problem that doesn’t feel like a real problem. Trying to create a need for a product that is niche and doesn’t add clear value is going to be incredibly hard.
Look at your fundamental idea here and figure out
Teach Yourself a few basic things.
Consistency and grit beats almost everything when it comes to getting ahead.
Motivation is what gets you started, thats about all its good for. Determination and discipline carry you the distance.
Slow down things take time. Usually they take longer than expected, dont be in a rush to get 10 steps ahead focus on where you are and take the next appropriate step.
Get fit and strong early and turn it into a lifelong habit.
Theres a difference between cramming content and information and actually absorbing it. You will get more out of applying the concepts from one self help book than you will out of mindlessly reading and motivating yourself with 100 of them.
Learn how to learn. learn how to focus and control/understand your emotions.
not sure entrepreneur is the optimal place for software specific questions, better to ask in an actual forum for the piece of software?
Can you give us a bit more info on you? New job congrats. How old are you? Are you financially stable , how well educated? Do you want to invest and become a business owner or do you want to invest and be smart with the money . Have you got a decent emergency fund yet ? How much could you put down additionally or is it just the 1000$ a month
Easiest is honestly to just do it yourself. Its not half as difficult as they make it out to be with all the " pay us 300" scams out there. To make it easier use chat gpt its actually surprisingly good at providing you with exactly what you need to look for.
as far as advice.
get a lawyer and an accountant to help you do the initial formation and save yourself headaches and problems down the road upcounsel has some decent options. Also open a separate bank account/credit card early on for your business and pay everything through that to avoid admin headaches later.
While I know you said affordable in your question, be prepared to spend a lot more money setting things up properly than you anticipate. Having an llc alone will set you back $800 a year just for the pleasure of having one. This ignores other licensing and fees you may require. If you do a sole prop you may get a little more mileage out of your money but lose the protection of an LLC. An improperly formed LLC has a lot of risk too though.
Not sure on specifics , my point is it seems like you’re inventing " the wheel" at this point. As mentioned above several companies already have integrations that process and record invoices directly. Not sure why you would want to add extra steps of having a JSON for your invoices if your accounting software already does all the processing. And looking into Azure document from the above link it seems to do 99% of what people need. As a business owner what is my use case for your product and why would I go with you instead of a major company like msoft which integrates its offering directly into their whole ecosystem.