OpenAI's GPT Store Launch: A New Era of Interactive Chatbots

After a series of delays, OpenAI has finally launched its much-anticipated GPT Store. This platform, which is a marketplace for personalized AI applications, is set to revolutionize the way we interact with AI.

The launch, originally planned for November of 2023, was delayed briefly due to the CEO shuffle involving the temporary departure and triumphant return of Sam Altman. As a result of the setbacks, the launch was initially shifted to December, and then finally to January. But despite these setbacks, OpenAI remained committed to perfecting the platform and making improvements based on customer feedback.

Announcing the grand opening, OpenAI said,

“It’s been two months since we announced GPTs, and users have already created over 3 million custom versions of ChatGPT. Many builders have shared their GPTs for others to use. Today, we're starting to roll out the GPT Store to ChatGPT Plus, Team, and Enterprise users so you can find useful and popular GPTs.”

Some of the first featured GPTs in the store include:

Personalized trail recommendations from AllTrails
Search and synthesize results from 200M academic papers with Consensus
Expand your coding skills with Khan Academy’s Code Tutor
Design presentations or social posts with Canva
Find your next read with Books
Learn math and science anytime, anywhere with the CK-12 Flexi AI tutor

OpenAI GPT Store: A World of Opportunities

The GPT Store, now available to paid ChatGPT customers, offers a diverse range of GPTs (Generative Pretrained Transformers). These include bots designed to assist with tasks such as choosing a book to read or finding a tutoring service. These bots have been developed by OpenAI partners and other users.

Operating similarly to tech giants like Apple's App Store and Alphabet's Google Play, GPT Store is positioned to become a significant marketplace for AI applications. It allows users to search for chatbots by category and see which ones are popular among users. Since OpenAI allowed users to create their own bots in November of 2023, more than 3 million have been created. However, it remains unclear how many of these will be available in the store.

While the exact monetization model is still uncertain for now, one sure thing is that the GPT Store is more than just a marketplace, it is a gateway to a world of possibilities. The potential for avenues like ads or in-app purchases signals a promising future for creators.

Similar app store operators like Apple and Google usually take a portion of the store revenue, often 30%, for themselves. But for now, we do not know what OpenAI is set to do.

GPT Builder Revenue Program

While the GPT Store promises a haven for chatbot enthusiasts, how much money creators can make has remained indefinable. However, OpenAI enticingly hints at the upcoming “GPT Builder Revenue Program,” which is set to launch in the first quarter of this year.

Announcing this, Altman said, “Revenue sharing is important. We're going to pay people who build the most useful GPTs a portion of our revenue.” For a start, U.S. builders will be paid based on user engagement with their GPTs.

Since the announcement of the GPT Builder program in November, OpenAI has seen an explosion of creativity with more than 3 million bots, known as GPTs, created by users. This thriving community of builders is a testament to the potential of the GPT Store.

As the program prepares to unfold in the first quarter of 2024, it has become the driving force for innovation, as creators are being motivated to enhance the functionality, creativity, and user experience of their GPTs.

Introducing ChatGPT Team

In addition to the GPT Store, OpenAI also announced the launch of ChatGPT Team. This is a scaled-down version of ChatGPT Enterprise. It is targeted at smaller teams of around 150 people.

Like ChatGPT Enterprise, this new offering provides access to GPT-4, DALL·E 3, and the ability to create custom GPTs. OpenAI is offering this plan for $25 per user per month if billed annually or $30 per user per month if billed monthly.

Leveraging the GPT Store Opportunity

While the buzz is on and not much is known for now about the upcoming “GPT Builder Revenue Program,” creators should start planning to make a success of the platform. Merely creating a GPT app is not enough; success requires strategic planning.

So, what can creators do to maximize their opportunities in the GPT Store?

Here are some tips that will help:

Link to Your Brand: Utilize your GPT app description to promote and strengthen your brand identity.
Build a Suite of Products: Diversify your offerings by creating a range of related GPT products catering to your target audience's diverse needs.
Engage with Your Audience: Actively seek feedback, understand user preferences, and continually enhance your GPT applications.

Conclusion: A Bright Future for AI and GPT Applications

As we step into 2024, a year anticipated for significant AI technology deployment, we find ourselves at the forefront of this technological revolution. The launch of OpenAI's GPT Store is not just the introduction of a new platform; it marks the dawn of a new era for entrepreneurially minded AI creators.

So, whether you're an AI enthusiast deeply immersed in the field or a newcomer eager to explore, OpenAI's GPT Store beckons as an unparalleled opportunity to shape the future of AI in business. Seize the moment and embark on this journey towards AI excellence!