The Future of OpenAI’s GPTs — 2024 SWOT Analysis

Author(s): Cezary Gesikowski

Originally published on Towards AI.

Navigating the Fast-Evolving Landscape of Generative AI

Top highlight

image by the author via Midjourney + Photoshop

Things move pretty fast in the world of artificial intelligence, and at the moment, OpenAI’s ChatGPT and custom GPTs are leading the charge. But the question looms: can they maintain their dominant position? Since the OpenAI Dev Day event, the creation of thousands of GPTs by enthusiastic users has been a game-changer, yet the much-anticipated GPT Store is still on the horizon. Are you considering investing in GPTs as a business tool or a source of income? Here is a comprehensive SWOT analysis of OpenAI’s custom GPTs, exploring their strengths, weaknesses, opportunities, and threats, with questions for deeper considerations to help you decide.

Popularity and Adoption: ChatGPT’s reach is undeniable. It has captured the attention of over 100 million weekly users, and its API serves as a creative platform for more than 2 million developers. What does this widespread adoption tell us about its appeal and utility? It’s akin to the excitement surrounding the launch of the Apple App Store, with users eagerly embracing the potential to monetize their custom GPTs.Advanced Capabilities: The launch of GPT-4 Turbo marks a significant leap. This version isn’t just about text comprehension; it also offers image understanding… Read the full blog for free on Medium.

Join thousands of data leaders on the AI newsletter. Join over 80,000 subscribers and keep up to date with the latest developments in AI. From research to projects and ideas. If you are building an AI startup, an AI-related product, or a service, we invite you to consider becoming a sponsor.

Published via Towards AI