Brainstorming ChatGPT Business Ideas With Billionaire Dharmesh S…
About This Episode
HubSpot co-founder Dharmesh Shah joins Sam and Shaan to discuss why generative AI is the most significant technology shift since the internet. They break down the mechanics of vector embeddings, the move toward chat-based user experiences, and Dharmesh's recent high-stakes acquisitions of the domains chat.com and prompt.com.
Episode Description
Show Notes
- 00:50- Open AI
- 10:15- The Chat to Code Revolution
- 17:45- How does AI work?
- 19:03- Is AI scary?
- 23:40- Sequoia's AI Event
- 29:05- Vector embeddings
- 43:15- Why Dharmesh Bought Chat.com
- 50:45- Dharmesh's 17 Year Chatbot Journey
- 01:00:10- Tactical Advice on Hampton
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- Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.
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- Additional episodes you might enjoy:
- #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits
- #209 Gary Vaynerchuk - Why NFTS Are the Future
- #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto
- * #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett
- #218 - Why You Should Take a Think Week Like Bill Gates
- Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More
- How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More
Links
- * OpenAI
- * LangChain
- * Chat
- * ChatSpot
- * Gates Notes AI article
- * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.
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Key Takeaways
Software is shifting from an imperative model (user follows steps) to a declarative model (user describes the desired outcome), necessitating a 'Chat UX' interface for all software.
Entrepreneurs should utilize 'vector embeddings' to measure semantic distance between data points, allowing for deep matching based on meaning rather than simple keywords.
The launch of ChatGPT plugins represents an 'App Store' moment for AI, enabling large language models to take physical actions like booking travel or updating CRMs.
Business Ideas Mentioned
AI-Powered Semantic Community Matching
SaaS
Viral Celebrity Voice Conversion App
Creator Tools
Personalized AI Travel Experience Concierge
AI & Automation