Re:Canvas is a new way to write and code with ChatGPT
by jcfrei on Thursday October 03, 2024 @01:54PM
(#41733063)
When they are focusing on just being an API provider then they will be in a market with (long term) razor thin margins and high competition - most likely unable to build a deep moat. But if you can shape customers habits to always input "chatgpt.com" into the browser whenever they want to use AI then that's a very powerful moat. Those customers will also most likely be on a subscription basis, meaning much more flexibility in pricing and more rent for openAI (people using it less then what OpenAI calculates for subscription costs).
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Re:Canvas is a new way to write and code with ChatGPT
by adventured on Thursday October 03, 2024 @02:26PM
(#41733426)
The difference between Google had it just tried to be an enterprise search API, versus owning the consumer destination for search input/results.
Re:Canvas is a new way to write and code with ChatGPT
by cynicalpeace on Thursday October 03, 2024 @05:51PM
(#41735431)
Google will be a remembered as a victim of Schumpeter's Creative Destruction
Re:Canvas is a new way to write and code with ChatGPT
by james_marks on Thursday October 03, 2024 @06:58PM
(#41735963)
From Wikipedia, for that don’t know the term: “a concept in economics that describes a process in which new innovations replace and make obsolete older innovations.”
Ironically, I had to google it, and agree with the comment.
Re:Canvas is a new way to write and code with ChatGPT
by LifeIsBio on Thursday October 03, 2024 @07:31PM
(#41736164)
I'm usually pretty verbose with prompts, so I wanted to see what chatgpt would do with just a "Schumpeter's Creative Destruction"
https://chatgpt.com/share/66ff28e2-ea74-800b-a230-86d562f60f...
Re:Canvas is a new way to write and code with ChatGPT
by james_marks on Thursday October 03, 2024 @08:53PM
(#41736719)
Not bad. I do love the ability to share a chatGPT thread. I haven’t found that yet in Claude and would use it.
Re:Canvas is a new way to write and code with ChatGPT
by satvikpendem on Thursday October 03, 2024 @11:57PM
(#41737681)
You should read The Innovator's Dilemma as well, as it goes into detail on this concept, basically explaining why and how technological disruption occurs from the point of view of the disruptor and disruptee.
Re:Canvas is a new way to write and code with ChatGPT
by james_marks on Thursday October 03, 2024 @06:55PM
(#41735943)
I agree, and it’s why I have come to dislike OpenAI.
We are getting front row seats to an object lesson in “absolute power corrupts absolutely”, and I am relieved they have a host of strong competitors.