Startups

14 AI Business Ideas For 2024 – FourWeekMBA


The main idea behind this article is that with the explosion of generative models like GPT-3, you can use its APIs to build any tool.

Especially chatbots, productivity applications, and business analytics tools.

All you have to do is to jump on the OpenAI playground and get started from there!

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Q&A chatbot

Chatbots have finally become a viable option.

If you jump on the OpenAI Q&A generator, you can appreciate how effective chatbots have become!

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Article summarizer

You can also check out OpenAI summarizer, which makes it possible to digest any article at hand, by summarizing it in a few lines, as if you were a 2nd grader!

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Bug fixer

Another cool feature of OpenAI is the ability to check for errors in the code by having the code explained.

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Coding assistant

Or perhaps use the OpenAI playground to generate any python code from natural language!

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Keyword extractor

Another interesting ability of OpenAI is to be able to extract keywords from any text, thus becoming a powerful semantic SEO tool.

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Data extractor

Another critical feature is to extract data from text, to make it available in formats that are excel-friendly.

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AI Learning chatbot

Or yet a chatbot that is specific to learning AI/ML.

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Analogy maker

Another simple tool is the analogy generator, which can be useful for many.

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Note-taking app

Or a note-taking app able to summarize any of the notes you’ve been taking.

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Interview helper

Or help you structure questions for an interview.

interview-helperinterview-helper

Programming language translator

Or the ability to translate a language to another one as a code helper!

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Product name generator

And yet, generate names for your product, if you’re lacking ideas.

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Lead generation tool

Or extract leads’ information that might be relevant to close a deal.

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Essay outliner

Or have the chatbot generate an outline for an essay you’re working on!

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Blog writing

Key highlights

  • Explosion of Generative Models: The video discusses the proliferation of generative models like GPT-3 and highlights their potential in various applications, including chatbots, productivity tools, and business analytics.
  • OpenAI Playground: The OpenAI Playground is emphasized as a starting point for utilizing GPT-3 APIs to build various tools. It provides accessible entry into leveraging these powerful models for diverse purposes.
  • Applications of GPT-3:
    • Q&A Chatbot: GPT-3 enables the creation of highly effective chatbots, showcased through the OpenAI Q&A generator.
    • Article Summarizer: The OpenAI summarizer tool simplifies complex articles into digestible summaries, akin to explaining to a second-grader.
    • Bug Fixer: GPT-3 aids in identifying and explaining errors in code, serving as a valuable tool for developers.
    • Coding Assistant: The OpenAI Playground can generate Python code from natural language, assisting in coding tasks.
    • Keyword Extractor: GPT-3 can extract keywords from text, offering semantic SEO capabilities.
    • Data Extractor: It facilitates the extraction of data from text, making it compatible with Excel and other formats.
    • AI Learning Chatbot: GPT-3 can power chatbots focused on AI/ML learning.
    • Analogy Maker: An analogy generator tool is highlighted as a simple yet useful feature.
    • Note-taking App: GPT-3 can summarize notes taken by users, enhancing productivity.
    • Interview Helper: It assists in structuring interview questions efficiently.
    • Programming Language Translator: GPT-3 aids in translating code between programming languages.
    • Product Name Generator: It can generate names for products, helpful for branding and marketing.
    • Lead Generation Tool: GPT-3 can extract relevant information from text to aid in lead generation.
    • Essay Outliner: It helps in generating outlines for essays, streamlining the writing process.
    • Blog Writing: GPT-3 can also assist in blog writing tasks, demonstrating its versatility across various content creation domains.



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