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FourWeekMBA episodes

  • How Will ChatGPT Get Monetized?

    In a research paper, back in 1998, entitled, The Anatomy of a Large-Scale Hypertextual Web Search Engine, Page and Brin, Google's founder, explained:


    Currently, the predominant business model for commercial search engines is advertising. The goals of the advertising business model do not always correspond to providing quality search to users. For example, in our prototype search engine one of the top results for cellular phone is "The Effect of Cellular Phone Use Upon Driver Attention", a study which explains in great detail the distractions and risk associated with conversing on a cell phone while driving. This search result came up first because of its high importance as judged by the PageRank algorithm, an approximation of citation importance on the web [Page, 98]. It is clear that a search engine which was taking money for showing cellular phone ads would have difficulty justifying the page that our system returned to its paying advertisers. For this type of reason and historical experience with other media [Bagdikian 83], we expect that advertising funded search engines will be inherently biased towards the advertisers and away from the needs of the consumers.


    Yet, Google has become the most powerful advertising machine of our time! How will ChatGPT be monetized instead?


    Reference: http://infolab.stanford.edu/~backrub/google.html

    18 min
  • An Open Sourced ChatGPT?

    Competition in the AI industry is intensifying with a release of an upcoming release of an open-sourced version of ChatGPT.


    Indeed, Emad Mustache, CEO and co-founder of Stability AI (which created Stability Diffusion) has announced that they are about to launch an open-source version of ChatGPT: https://twitter.com/EMostaque/status/1614432715444559875?s=20&t=3jFY5o1lwQ9t-foN-3UFiA


    6 min

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Digital business models podcast is hosted by Gennaro Cuofano, creator of FourWeekMBA.com, a leading source of insights for digital entrepreneurs. You can get the top-tier business education by…