From Skeptic to Shocked: How ChatGPT helped me create a business plan in under 30 minutes

From Skeptic to Shocked: How ChatGPT helped me create a business plan in under 30 minutes

As a self-proclaimed skeptic, I've always been wary of new technologies that are touted as "game-changing." So, when I first heard about ChatGPT, an AI language model that can answer almost any question, I was skeptical. I decided to put it to the test and see what it could really do.

I had an idea for a business and wanted to see if ChatGPT could help me create a business plan. I was initially disappointed with the results. It gave me basic textbook responses that I already knew from experience. I could have gotten similar results from a Google search.

But then my curiosity got the better of me, and I started to think about other questions. The more I tried to prove that it knew nothing, the more it surprised me with deeper and deeper insights. The outcome was a full business plan, including the market, a full market research plan, cost distribution, and even startup capital needs.

To be fair, the accuracy of the information is debatable and would require verification which would take humans quite some time. But the fact that I was able to create a full business plan in less than 30 minutes is both impressive and a bit scary.

Now, while I don't believe that AI will take over the world in a Terminator-style apocalypse, I do think that those who don't utilize AI tools to enhance their capabilities will quickly fall behind.

As an entrepreneur, I understand the value of hard work and putting in the time to create something truly valuable. But the reality is that we live in a fast-paced world where time is money. I also understand that new technology can be scary.

The world is changing, and AI tools are designed not to replace us (In theory), but to complement us. However, if we can see AI as a tool and not a threat, we can use it to our advantage.

In conclusion, my experience with ChatGPT has shown me that there is much to be explored when it comes to AI tools. They can provide deep insights and generate plans in a fraction of the time it would take a human. But at the same time, it's important to recognize that these tools are only as good as the data we put into them, and that they should be used as a complement to our own human intelligence and creativity, rather than a replacement.

The future is exciting and it's up to us to use these new tools to shape it. Hence instead of blocking students from using AI tools in their exams, embrace it, and encourage them to use their humanity in conjunction with this new powerful tool.

How to evaluate their marks based on this? Maybe it's a question for ChatGPT.

(Co-Authored between myself and ChatGPT)

Orlando Diaz

Electronics Engineer

1 年

I can see in the future a new career for humans (at the beginning at least). "Data Verification Analyst" basically services where everything produced by an AI will be filtered by (human or not) experts in the field. The future or AI is exciting and scary. My biggest fear are the jobs that will be made redundant, which I do not know if they will compensate by the jobs it will create. It is yet to be seen.

AI has a great future. I was involved in the early application of neural networks in the 1980s. I sometimes compared it with multi-dimensional curve-fitting. The networks were quite good at interpolation between solutions that they had seen during training. Extrapolating was a lot more difficult. I think that present AI solutions very much have the same limitations. They will be quite good at combining things that they have seen before. True creativity will be limited for the time being. It will come, no doubt.

Jaco Roets (MSPM)

Quality Manager / Entrepreneur

1 年

Agreed, it certainly has the potential to add a lot of value, albeit still not quite where it needs to be to be fully trusted. I've tested it's "learning" capabilities within a single chat thread, feeding it a whole host of information and then asking it to provide certain deliverables derived from the data and general knowledge not included in the dataset, answer questions about the data, etc. and was thoroughly impressed. One comment is that it does function a bit like a toddler with ADHD at times, completely forgetting what happened even one prompt prior, but with some gentle persuasion, and sometimes a bit of a reprimand it gets back on track. ??

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