ChatGPT Plugin Opportunity

OpenAI is launching plugins for ChatGPT, creating an ecosystem similar to the iPhone App Store that will allow third-party developers to integrate their services directly into the ChatGPT interface.

Key Points:

• ChatGPT Plugin Integration:

  • Allows ChatGPT to access real-time data and services beyond its training data
  • Can interact with third-party apps and services
  • Users can perform actions through natural language commands

• Example Use Case:

  • Travel planning through ChatGPT
  • Can suggest itineraries based on preferences
  • Direct booking through travel service plugins like Expedia
  • Access to real-time pricing and availability

• Business Opportunity:

  • Similar to early App Store opportunity that benefited first movers
  • Transforms ChatGPT from chat interface to ecosystem platform
  • Potential to build plugins that connect existing services to ChatGPT
  • Access to ChatGPT's large user base (100M+ users in 2 months)

• Strategic Importance:

  • Described by Dharmesh as "bigger drop than GPT-4"
  • Changes ChatGPT from a product to an ecosystem
  • Creates opportunity for developers to build on top of ChatGPT's interface
  • Potential for early developers to establish market leadership