Biggest SaaS Opportunity in 2023: ChatGPT API (OpenAI, FeedHive, GPT-4)

this is the moment we've all been waiting for open AI introduced API access to the AI model that's used by chat GPT and it's absolutely mind-blowing this means that we can now integrate chat UTC into our own products or build entirely new products on top of chat DVT this is the biggest SAS opportunity in 2023 there's incredible potential to build something truly amazing and the barrier isn't really that high it's both affordable and you can combine this with no code so you don't have to be a hardcore software engineer to integrate this all you need to make this work is a small twist but first let's just get a few Concepts nailed down chat DBT is an invention from open AI it's an AI model trained to assist you through a chat interface and it can help you answer a wide range of questions and whole conversations on almost any topic an API or application programming interface is a way for different software applications to communicate with each other over the internet and this is exactly what chat gbt just released a way for me to ask the chat DBT model for an output but without having to access the chatbt website and using their interface instead I can display the output on my own products and give my own users an incredible experience if you're new here my name is Simon harberg I'm the CEO and founder of multiple SAS products one of them is feed Hive a social media marketing tool and of course when we heard the news we immediately added an AI writing assistant to our product and it's already adding so much value now I can ask the AI assistant to come up with ideas for a post on a specific topic I can ask it to suggest improvements and I can even tell it to help me with specific parts of my posts and I can do this in the very same place where I write my content I don't have to leave the page or switch browser tabs but here's where it gets really cool when you use this AI writing assistant you'll notice that it feels a bit different from the regular chat GPT it will politely reject helping you with things that are not related to social media it will reply in ways that are very specific to creating content and it will inherently understand its purpose without you having to explicitly tell it or remind it this is what gives the users such an incredible experience and this is a Twist I was talking about before this is what enables you to create a totally unique experience for your users an experience that's definitely going to be worth paying for here let me show you a little behind the scenes of how this works I'm sure you've used chat PPT a ton of times already but what you probably didn't know is that open AI has another platform when you sign in here you get to access their playground here we can pick the mode we want to use which is chat in this case we can pick the model tweak the behavior a little and here we can basically set up a chat conversation just like you would see it in chat EPC in this window we prepare the model with some initial instructions and guidelines for instance we can tell it what its purpose is what it's not supposed to help with how to respond to certain questions and anything else you can think of potentially we can give it a long list of super specific guidelines to follow right here for example mostly for the fun of it but we trained our chat model to suggest writing about feed hype every time one of our competitors is mentioned in the post that it's helping improve I mean why not when you've prepared your chatbot you click the view code button up here and boom you get the code that you should use to interact with the API and this is where you can enter the game as well if you have expertise in something specific you can create a chat GPT for X if you're an accountant you can create account and GPT if you're system you can create music GPT if you're an Advertiser you can create ad GPT it will be chat Bots similar to chat EPT but specialized in very specific knowledge areas the AI model is now available for everyone to use but the twist is your expertise Now set up a nice UI that your users can access and integrate the API into it you can use Frameworks like reactor view or you can use no code tools like webflow or framer it's easy to get started and you can build a nice SAS out of this already now and it gets even better in my last YouTube video I showed you how I fine-tuned the gpt3 model using open ai's tools I trained it on a lot of my old YouTube scripts and social media content and now I have a model that can produce new YouTube scripts in a style and tone that sounds exactly like me but obviously this required much more data than you can easily insert into this little window here fine tuning is the next level this requires a bit more technical knowledge but this is where you can train your own chatbot on a very large data set and make it assist the user in very specific ways based on very specific domain knowledge the data becomes your competitive Advantage if you're the one with the biggest and most high quality data set you will beat everyone else in your Niche even if they also have access to the chat DPG API unfortunately the chat GPT model or specifically the GPT 3.5 turbo model can not be fine-tuned yet but it's coming very soon so right now it's the perfect opportunity to jump on board start creating your xgpt get familiar with the API and start setting up your app once the fine tuning capabilities for this model is open you can start specializing your chat assistant and immediately get ahead of the game there's only been a handful of opportunities like this in the past 20 years SEO and affiliate marketing back in 2005 social media and advertising in 2010 blockchain in 2017 and now ai in 2023 in just a few years this is going to be mainstream something everyone will do this year is your chance to get on board I hope you enjoyed this video if you want to learn about other super cool ways you can use AI to run your business and become more productive check out this video next if you enjoyed this one please give the video a like And subscribe to my channel for more content like this I will see you soon for another video [Music]

Channel: Simon Høiberg

Views: 71,806

Keywords: chat gpt, chatgpt, make money online, chat gpt to make money, open ai chat gpt, what is chatgpt, ai business idea, how to start an ai business, how to use ai in my business, chatgpt examples, chatgpt coding, ai chatgpt, chatgpt tutorial, artificial intelligence future, artificial intelligence projects, make money online 2023

Id: qg5GNh3mn2o

Length: 6min 11sec (371 seconds)

Published: Wed Mar 08 2023