In this episode we discuss the limitations of ChatGPT such as its lack of up-to-date knowledge, lack of private / domain specific knowledge, and lack of tool use abilities. We then discuss innovative new solutions to these problems such as vector database retrieval, ChatGPT plugins, and AI agents with access to external tools that can orchestrate complex tasks and workflows autonomously. What are the implications for business and society? We also touch upon some criticisms of OpenAI’s convoluted governance structure and lack of transparency into their model training and data sources.