ChatGPT: How to Stay Competitive in a World of AI Assistants



What are 7 ways that people have used ChatGPT to build businesses?


What makes a business defensible when ChatGPT is commonplace?

Mass adoption of ChatGPT may affect your business in 2 ways:

  1. You start using ChatGPT to deliver your services. You rely on it too much. You lose your competitive edge as others can do that too. Price becomes the only differentiator.
  2. Your clients start using ChatGPT to do what you do for them. If they donā€™t understand the value of your services, you become irrelevant. ChatGPT is cheaper and doesnā€™t sleep.

To stay competitive, your business should have an edge over ChatGPT. First, make sure your clients understand the value of your services. ChatGPT may answer fast. But its answers may not lead to the desired outcomes. ChatGPT doesnā€™t understand nor foresee the consequences of his answers or actions taken based on these. Second, make sure you have a moat. This may be a team, domain expertise or proprietary solution that makes ChatGPT irrelevant for the kind of services you provide.


What makes a career defensible when ChatGPT is commonplace?

Mediocre and entry-level professionals will suffer the most from the mass adoption of ChatGPT. If ChatGPT can do your work, anyone can do it. To stay relevant, you should gain knowledge, skills or experience that go beyond ChatGPTā€™s capabilities. ChatGPTā€™s answers tend to be incorrect, imprecise or too general. Whether itā€™s a marketing strategy, piece of content or code snippet. Your moat is your ability to find and fix flaws in responses generated by ChatGPT.


How is ChatGPT being used with AI Image Generators?

You can use ChatGPT to generate detailed image prompts for AI-image generators such as DALLĀ·E 2, Midjourney or Stable Diffusion. You can use ChatGPT to generate adjectives, properties and descriptions of objects or scenes you want to draw. Guy Parsons used ChatGPTā€™s prompts to generate living room designs with Midjourney.


What are the threats of ChatGPT?

  • It is prone to bias and discrimination. It can produce hateful, racist or sexist comments.
  • It can spread disinformation by faking sources and giving plausible, but incorrect or nonsensical answers.
  • It is not meant to give advice and you shouldnā€™t rely on it for anything important. ChatGPT is not a doctor, lawyer or financial adviser.
  • It can lower the bar for finding exploits, creating malware and phishing emails.
  • ChatGPT is trained on publicly available texts. It doesnā€™t give attribution so itā€™s unclear who owns the rights to the generated answers.


Should developers/programmers feel threatened by ChatGPT?

Developers should not feel threatened by ChatGPT. At least for now. It can write code that works. But most of the time you should guide it to the right solution. Code generated by ChatGPT may include typos, logic flaws or keywords taken from various languages. To get the best result, you should find and ask ChatGPT to fix those by telling ChatGPT where the problem stems from. That being said, it learned to fix code problems without clear instructions. This may give rise to AI-assisted developers that supervise ChatGPTā€™s solutions to common coding problems. Other developers will switch to solving complex problems that will still need the human expertise and creativity that ChatGPT lacks.


How to detect whether ChatGPT is being used?

Use one of the tools below:

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