Makes me wonder how long we have before, "create your own ChatGPT" becomes the next big thing and people wonder why their "AI Labs" aren't making as much as the big boys.
Makes me wonder how long we have before, "create your own ChatGPT" becomes the next big thing and people wonder why their "AI Labs" aren't making as much as the big boys.
There are gazillions of candy crush remakes, but Royal Match, launched in 2021, still made it to the top in revenue. It was not thanks to some existing monopolist pushing it, but thanks to a) ginormous marketing budget and b) relentless execution and experience of making mobile games before, i.e. you know what works, what doesn't, how to extract maximum amount of revenue, etc.
https://naavik.co/digest/royal-match-finding-success-through...
https://naavik.co/digest/why-dream-games-success-is-a-challe...
Er... so you don't need to be a monopolist, just have a massive amount of existing capital and deep understanding of the field?
And then they get into mental contortions as to why getting 2x or 3x better in an absolute sense doesn’t budge the needle much.
The issue is that simple and novel can also be copied easily (anyone can just point an LLM at the target and ask it to build a local personal version). The days of making money from this class of app are over.
Novel and very complex ideas will still make money, but outside of gaming are usually niche markets.
Novel and moderately complex apps will have to build their own moats to prevent copying - heavy server side rendering, server logic processing, and an idea that can't be re-implemented on simple CRUD architecture.
We're already there. It seems like every intern I see has built a custom chatbot with a RAG pipeline integrated into an internal application.
And every legacy SaaS is paying millions in consulting to add the same to their app.