Would AI wrappers still be able to make money in 2024? Good or bad product idea?

Question

Nico Spijker · Accepted Answer

A few will probably be able to make a lot of money if they get the workflows right, so now everyone is fighting to be one of those "few".

Extremely challenging due to some conditions, one there are a lot of alternatives, two you never know when OpenAI releases an update completely obliterating your product lol.

Answer

The viability of AI wrappers in 2024 depends on market demand and the effectiveness of the product. If it solves a real problem or enhances existing processes, it could still be a viable product idea. Assess the market, gather feedback, and ensure it adds significant value to users for long-term success.

Nikhil Singh · Answer

@nicolaas_spijker I think soon they are going to reach the threshold

Nikhil Singh · Answer

@sohrab_tellaie More money with wrappers coming in 2024 it seems :)

Pallavi Ganpat Babar · Answer

It is dependent on the particular AI wrapper and its value proposition. If it solves a real problem or improves the user experience, it may still be profitable in 2024. Success is ultimately determined by its effectiveness and market demand.

Sohrab Tellaie · Answer

In 2024 - people will realise the AI wrapper is not an issue if you've got unique data. Depending on how good your internal/exclusive data is, what you wrap it in don't matter.

Amar Yousaf · Answer

The growing demand for AI-powered applications: Businesses and consumers are increasingly demanding AI-powered applications that can automate tasks, improve decision-making, and provide personalized experiences. This creates a growing market for AI wrappers that can simplify the process of integrating AI into applications.

Nikhil Singh · Answer

@greffin_dony Agree with that :)

Nikhil Singh · Answer

@amar_yousaf Looking forward to more tools in this space

Nikhil Singh · Answer

@pallavi_ganpat_babar Definitely :)

Nikhil Singh · Answer

@william_davis16 Makes sense :)

Would AI wrappers still be able to make money in 2024? Good or bad product idea?

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