Openai co-founder says that despite all the competition, it is still not too late to create new AI startups.

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Openai co-founder says that despite all the competition, it is still not too late to create new AI startups.

Openai co-founder Greg Brockman says that it is still not too late to make AI startups. However, he suggests that the new founders focus on domain expertise and real world impact rather than simple “wrappers”.

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Openai co-founder says that despite all the competition, it is still not too late to create new AI startups.

In short

  • Brockman says the economy is still expanding and there is a lot of space for new ideas
  • They suggest that startups should focus on solving real problems using AI
  • He also imagines a future where the calculation will be central resources

Artificial intelligence is growing at an extraordinary speed, including several companies including Big Tech and Startups. While the competition is already intense, it may feel for many aspiring founders that the AI startup race has already won. But OpenEAI co-founder and president Greg Brockman believes that there is still a lot of space for new players to take out the meaningful place.

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Speaking on the latent space podcast over the weekend, Brockman encouraged budding entrepreneurs not to give up their AI ambitions. In addition, he suggested that the AI-operated economy is huge and is still expanding, making enough space for new ideas and innovation. “Sometimes it may seem that all thoughts are taken, but the economy is so large,” Brockman said. “It is worthwhile and really important for people to think about how we get the most of these amazing intelligence we have created.”

According to Brockman, the actual opportunity is currently contained in connecting the large language model (LLM) to the practical domain where they can have a real effect. For example, he suggests that innovators for healthcare need to work through complications of integration with stakeholders, regulations and existing systems, before the AI can give real changes. Brockman said, “There is so much fruit that has not been chosen yet.” “So go ahead and ride the GPT River.”

Brockman also warned the founders that the industry is called “rapper”, suggesting to detect new ideas and exploit the power of LLM. The term refers to thin applications that sit on top of the AI model of someone else without offering true expertise or permanent value. “This is actually about understanding a domain and building expertise and relationships,” he explained. According to Brockman, there is a need to solve a problem to get a competitive edge in AI space that matters deeply to customers and industries.

On the same podcast, Brockman also reflected on the long -term trajectory of AI, which depicts the vision of the future converted by abundance. “I hope it will be a world of amazing abundance and I think at that point we should actually be like a multi-state and almost any science-fi dreams you can imagine,” he said.

And one of the central resources of this future, he argued, will reach to calculate. “There is a resource that is going to be very clearly very hot demand, which is calculated,” he said. “Already the case – researchers who have the most calculations are capable of doing the largest projects and more.”

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He suggested that if you just “can talk to a computer and it will make you produce anything – any physical good or physical item – and it can be manufactured immediately for free, what does money mean?”

Brockman said that in a future where AI can manufacture both digital and physical objects on demand, traditional wealth can be irrelevant and computing power can emerge as a new global currency.

– Ends

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