ChatGPT-Key To New Businesses in 2023

Priyanka Rana
ILLUMINATION
Published in
3 min readFeb 1, 2023

--

Key Business Ideas with ChatGPT

Photo by Andrea De Santis on Unsplash

There is a new AI Bot in town. The most recent internet hit to come from San Francisco-based business OpenAI is called ChatGPT (Generative Pre-trained Transformer).

It’s a free online tool that has been taught to interpret and answer to text-based queries in virtually any style you like by reading millions of pages of writing from all over the internet. It has a remarkable capability to converse with you and give you answers in your own language, just like humans, in a way that you must not have seen before.

Try it out for yourself to get a better idea of its abilities. It costs nothing; all you have to do is create an account and submit a query.

You may ask it to write anything for you, in any style, including business taglines, essays, research papers, software code, song lyrics about your dog, and poems using the name of your child. If you don’t like the initial response, it quickly types out further ones in the same thread.

I know we all are thinking about the implications of this AI Bot tool. But instead of thinking too far into the future, let’s take advantage of this AI tool and come up with great business ideas that you and I can start today.

So, before getting into the business ideas, I want to tell you one of the cool things of ChatGPT, which is the API integration.

If you don’t know what an API is, it’s an application programming interface that allows developers to basically create applications that can access and make use of the information or the data provided by GPT.

So all the developers can create their front end and can use this capability of API integration with their backend engine.

Let’s get into the ideas.

The first idea is an AI-driven social media marketing agency.

This social media marketing AI agency can have writing bots and social media ai agents who can actually write copy for social media.

One great idea is to have an image generator inside this social media ai tool. The image generator will help digital marketers create images using Dalle-2 and embed these AI-generated images inside the social media posts.

The second idea is for the video creators.

Whether you are a filmmaker, scriptwriter, or blog writer. You can take advantage of API integration and build an app that can integrate with the GPT engine and create faster scripts. I’m not saying that you have to copy the AI script word by word, but you can have a starting block.

The third idea is based on the research.

You know how all of us have to go through lots and lots of documents. And there are people out there who are doing research on many subjects like this.

So, you can have a front-end website, or an app wherein your AI agent can scan hundreds of documents and come up with fresh content ideas for the end user.

Do watch my above video to understand more about such business ideas, and let me know if you want to collaborate on any one of them.

--

--

Priyanka Rana
ILLUMINATION

Entrepreneur, Visual Storyteller, Virtual Reality Enthusiast. Founder of Marketing Agency @ www.peppyproduction.com and Co-creator @ whatheVRAR YT channel.