Magnifico’s Post

ICYMI: We announced NeMo Retriever, a #generativeAI microservice that connects custom LLMs to enterprise data. It delivers highly accurate responses for AI applications. #AWSreInvent Image created using OpenAI's DALL-E, prompted by Jordan Ranous of StorageReview.com. Read more: https://nvda.ws/46HWQGl

OpenAI is not the death of startups, it's a Wakeup Call! In the past days, many fellow entrepreneurs have reached out to me asking if I'm concerned about OpenAI's new offerings. There's a narrative spreading that thousands of startups will be killed by capabilities like custom chatbots and text generation revealed at DevDay. Like them, I've been following the OpenAI announcements closely. The launches of tools like custom GPTs have no doubt led some to predict the impending downfall of companies built on conversational AI. However, I believe this view misses the mark. The startups destined for disruption by OpenAI's offerings were likely already on borrowed time. Building a thin wrapper on top of an owned technology like GPT-4 was never going to be a sustainable business in the long-run. The value lies in building differentiated products with unique data and capabilities. There are a few key points we should keep in mind: ✅ Generative AI is more than just conversational interfaces. For the first time, we have technology mimicking human reasoning and creativity. The possibilities extend far beyond chatbots. ✅ Conversational interfaces are not necessarily the future. OpenAI's own usage data for ChatGPT shows declines after initial hype. A clickable UI can often be more efficient than typing sentences. ✅ There's a massive difference between a basic integration of LLMs and building an actual product. True startups solve real problems and meet needs. An intelligent interface is just one piece. For many companies, this moment is an opportunity, not a death sentence. The time has come to stop relying on third-party technology and double down on unique data, industry expertise, and product-market fit. The fundamentals haven't changed. Building a startup today still means making something people want. OpenAI expands what's possible, but ultimately we still need to identify real problems and develop complete solutions. Rather than the end, I see this as a wakeup call. A nudge to build differentiated products on owned technology, not thin layers on leased foundations. The startups that survive will be those that embrace OpenAI as an enabler, not a crutch. An amazing new technology to create value, not a shortcut. This is an exciting time full of possibility. OpenAI has raised the bar, but also opened up many new avenues. For startups willing to learn and adapt, the opportunities are endless. The only true death will come to those who fail to evolve. #OpenAI #startup #GenAI

Back from Ted AI, here some interesting snippets from an exciting couple of days. Broadly, though we are seeing hype cycles in some segments, there is a massive societal scale shift underway which touches every profession and every sector. #c10labs C10 Labs also hosted its first west coast AI Salon which was attended by some amazing minds! #ai4impact With God like powers , comes a need for god like wisdom. Don’t hate the tech players, but change the rules of the game! ai is not just a tool but a ladder for us. English is the most common programming language now! We are going to have an agent for everything Personals agent for everyone. “Having your bit flipped !!! ( seeing AI perform !) “, Ried Hoffman’s quote on seeing chatGPT perform for the first time in a private setting with Gates. Do not panic. Line of sight medical assistants for every one, Tutors for everyone. Potential emergence of world of possibilities and abundance. Navigate better outcomes for humanity with AI. Human ingenuity like never before with AI. Ai allows for Gift of time for the patient doctor relationship. Ai is a technology of abundance and we should not approach it with a scarcity mindset. Ramesh Raskar Patricia Geli Muntazir Mehdi Ahmer Inam George K. Beth Porter #TEDAI