![]() ![]() The term “moat,” popularized by legendary Warren Buffett, refers to a business’s ability to maintain competitive advantages over its competitors in order to protect its long-term profits and market share. Startups nowadays without a strategy or unique business model and more importantly, without a “moat” will likely fade, no kidding. It has been quite a long time since the model “build it and it will come” works. If their API is the original tech behind your app, what makes you think they cannot replicate your app overnight? They just need to know the idea of what they can do with their data and there is nothing better asking public for it ![]() ![]() Clearly the company that owns API has the data and everything ready at the first hand. Let me put it this way to make that sentence make more senseĪPI is also mean Ask Public for Insights. Launching a business based on someone else’s product a fast track to both quick profits or crashing fast? I have learnt and experienced and witnessed the hard lessons during the time rocking with start-ups back to a few years ago and later learnt it from a book: Zero to One by Blake Masters and Peter Thiel. Let’s start with #2 because I think it is more important than the performance comparison between OpenAI Assistant and RAG which we will discuss in-depth in another post. For that reason, I knew that the day ChatGPT opened its store would come soon.īut with this announcement, what will be the future of ChatPDF and more generally, what will be the future of the entire API market app? Even though I’ve been working with LLM and a bit of RAG for a while before ChatPDF, having a plugin as ChatPDF in ChatGPT reminds me of the good old days when I was a mobile developer and spent all day long working on the mobile app and tried to get it to publish on the store. I like ChatPDF, no kidding but it is the first app to encourage me to start developing RAG. The disappointment quickly came after as I used it with a naive approach, but that will be discussed later I cannot wait to try the new API with big documents full of tables. I dreamt about the day when developing RAG is getting easier, especially at the scale speed and performance level. If all the promises are true, I’m ready to vendor lock in with OpenAI. My dev work with AI is getting easier and better than ever. When I read the OpenAI dev announcement, I had two thoughts. “Bigger, smarter, faster, cheaper, easier.” Isn’t that what we all want? ![]()
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