Startups learn the hard way that relying on OpenAI’s tech can burn them
https://techcrunch.com/2023/11/06/get-the-pdf-outta-here/
A recent update to OpenAI’s ChatGPT that allows users to upload PDFs and ask questions about them has sent ripples through the startup ecosystem. This development poses a significant, if painfully predictable, threat for many companies, particularly for ‘wrapper startups’ that have built their businesses around a feature gap in ChatGPT.
The change serves as an essential reminder to founders and investors: Nothing can serve as a substitute for a sustainable company with a solid, standalone product.