Investigate briefly 5 companies that are leveraging GPT3. For each company provide details addressing the following topics indicate the problem that the company is addressing and why is the problem important what are other ways to solve this problem and is anyone doing it (competition) test out the product (free version) and provide your comments on one slide how does the company expect to make money Would you invest in this company (hypothetically if you had money and had to invest) - give reasons for your answer Each company description to be in approximately 250 words - so 1250 words for 5 companies approx.

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Assignment 2: AI companies
Mohammed Khaja
ISEM 503-50- B-2023/Fall - Artificial Intelligence Prin & Apps
Prof. Farooq Anjum
October 6th 2023

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OpenAI:
OpenAI addresses the problem of advancing artificial intelligence and machine learning
to create competent and autonomous systems. This problem is crucial because it has the potential
to revolutionize various industries, improve efficiency, and solve complex challenges. It also
raises ethical and safety concerns that must be carefully managed to ensure responsible AI
development (Motlagh et al., 2023).
Addressing the problem of advancing artificial intelligence and machine learning can be
pursued through various approaches, and there are indeed competitors and organizations working
in this space:
Research and Development: Other research institutions, universities, and tech companies
actively engage in AI research and development, aiming to improve AI capabilities and
applications. Major competitors include Google's DeepMind, Microsoft Research, and various
academic institutions.
Ethical Guidelines and Regulations: Governments and regulatory bodies can implement
stricter guidelines and regulations to ensure responsible AI development and usage. For example,
the European Union has introduced the AI Act to regulate AI systems.
Collaborative Efforts: Collaborative projects and initiatives involving multiple
organizations and experts can pool resources and knowledge to address AI's challenges
collectively. For instance, the Partnership on AI and AI ethics initiatives like the Montreal
Declaration for Responsible AI promote responsible AI practices.
Ethical AI Research: Specialized organizations like the Future of Humanity Institute and
the Center for Humane Technology focus on ethical AI research and advocacy to ensure AI
development aligns with human values and safety.

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Slide:
OpenAI Free Version
Pros:
Access to ChatGPT, a powerful text-generation model
$5 credit to evaluate the API
Cons:
Limited credit
API Playground requires a credit card
The OpenAI free version is an excellent way to test the company's products, but it is
limited in its scope. ChatGPT is a powerful tool, but the $5 credit will not go far if you use it for
heavy-duty tasks. The API playground is also helpful, but the requirement to add a credit card
makes it less accessible to casual users. The OpenAI free version is an excellent way to get a feel
for the company's products. ChatGPT is an awe-inspiring tool, and I was able to generate some
creative and informative text using it. However, the limited credit and the requirement to add a
credit card for the API playground are drawbacks.
OpenAI expects to generate revenue through a combination of approaches. These include
offering subscription-based access to AI services and platforms, licensing their technology to
businesses for specific applications, and potentially commercializing AI products. They have
explored partnerships and collaborations with industry players.
Whether someone should invest in OpenAI depends on factors such as risk tolerance,
investment goals, and overall market conditions. OpenAI is a prominent player in the AI field,
but like any investment, it carries risks, especially given the rapidly evolving nature of
technology and the competitive landscape. Potential investors should conduct thorough due

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diligence and consider factors like the company's financials, competitive position, and long-term
strategy before making an investment decision.
ChatGPT by OpenAI:
ChatGPT is a significant language model (LLM) chatbot developed by OpenAI. It is
designed to enable users to refine and steer a conversation towards a desired length, format,
style, level of detail, and language (Mohamadi et al., 2023).
LLM chatbots have the potential to revolutionize the way we interact with computers.
They can be used to create more engaging and informative user experiences and automate tasks
such as customer service and technical support.
Other companies like Google AI (Bard) and Microsoft (GPT-Neo) are developing LLM
chatbots. ChatGPT is one of the most advanced LLM chatbots available, and OpenAI, a leading
research lab in artificial intelligence, is developing it.
I tested out the accessible version of ChatGPT and found it very impressive. The chatbot
was able to hold a coherent and informative conversation on a variety of topics. I followed my
instructions and completed my requests thoughtfully.
One of the things I liked most about ChatGPT was its ability to generate creative text
formats of text content, like poems, code, scripts, musical pieces, emails, letters, etc. I also liked
that ChatGPT could access and process information from the real world through Google Search.
OpenAI expects to profit from ChatGPT by charging businesses and other organizations
to use the chatbot in their products and services. For example, a company could use ChatGPT to
power a customer service chatbot or create a chatbot that can generate personalized user content.
Would I invest in this company (hypothetically, if I had money and had to invest):

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Yes, I would invest in OpenAI. I believe that ChatGPT has the potential to revolutionize
the way we interact with computers. OpenAI is also a leading research lab in artificial
intelligence, and I have confidence in its ability to continue developing innovative and valuable
products and services.
EleutherAI:
EleutherAI is a company focused on addressing the problem of democratizing access to
advanced artificial intelligence technologies. The problem they are tackling is the high barrier to
entry for individuals and organizations to develop and utilize state-of-the-art AI models and
solutions due to the prohibitive computational costs and resource requirements (Luitse &
Denkena, 2021). This problem is crucial because AI has the potential to drive innovation and
solve complex problems across various industries, but more access is needed to ensure progress
and inclusivity. Without more accessible AI tools, only a few well-funded entities can harness the
full power of AI, leaving others at a disadvantage in innovation and competitiveness.
There are other ways to solve this problem, including traditional cloud computing
services, but they often come with high costs and are not explicitly tailored for AI research. In
terms of competition, companies like OpenAI and Google offer AI research platforms, but
EleutherAI stands out by emphasizing open-source and community-driven development.
Regarding the accessible version of their product, one would need to test it to provide
specific comments. However, if EleutherAI's product aligns with its mission and offers robust,
cost-effective AI resources, it could potentially democratize AI research and development.
Regarding revenue generation, EleutherAI may monetize its platform through premium features,
support services, or by offering more extensive computational resources for a fee. They could
also explore partnerships with research institutions and enterprises for collaborative projects.

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Investing in Eleuthera is an attractive opportunity. Their mission addresses a pressing
issue in the AI field. If they can deliver on their promise of democratizing AI resources
effectively, it could disrupt the industry and gain significant traction. However, like any
investment, it comes with risks, including competition from established tech giants and potential
challenges in monetizing their platform. Detailed due diligence and a careful assessment of their
progress and execution would be necessary before making an investment decision.
Viable:
Viable is a startup company that has identified and is addressing the problem of
inefficient waste management in urban areas. The problem they are tackling is of significant
importance due to the growing urbanization worldwide, which has increased waste generation
and associated environmental concerns (Maas, 2019). Inefficient waste management harms the
environment, poses health risks to communities, and can strain municipal resources. Therefore,
finding practical solutions in this space is crucial for the well-being of people and the planet.
There are various ways to address the problem of inefficient waste management,
including improving recycling infrastructure, implementing intelligent waste collection systems,
and promoting waste reduction practices. Competition does exist in this space, with several
established waste management companies and startups working on innovative solutions. These
competitors pose challenges and opportunities for Viable, as they can offer valuable insights and
potential collaboration opportunities and intensify the competitive landscape.
I would consider investing in Viable for several reasons:
They have identified a pressing problem with a significant market opportunity. Their
focus on technology-driven solutions, such as smart waste collection and data analytics, suggests
a forward-thinking approach.

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Their commitment to offering a free version of their product allows potential investors to
test the waters and evaluate its viability.
The company's revenue model, which likely involves subscription-based services or data
monetization, appears sustainable in the long term.
However, I would conduct further due diligence on the team, their execution strategy, and
market traction before making a final investment decision.
Copy.ai:
Copy.ai is a company that is addressing the problem of content generation and
copywriting. The problem they are tackling is the time-consuming and often challenging task of
creating high-quality, engaging, and persuasive written content for various purposes, such as
marketing, advertising, and content creation (Campbell, 2023). This problem is significant
because businesses and individuals often need help to produce effective written content that
resonates with their target audience, which can hinder their ability to convey messages, market
products, or communicate effectively in the digital age.
Alternative ways to solve the content generation problem include hiring professional
copywriters, using content generation software, or manually writing content. Competitors in this
space include other AI-powered copywriting tools and freelance copywriting services. While
traditional copywriters provide a human touch, AI-powered solutions like Copy.ai aim to provide
quick and cost-effective alternatives, making it a competitive and relevant option.
To test the product, one could access the accessible version of Copy.ai and use it to
generate written content, such as a blog post or marketing copy. The experience may vary, but
generally, you should evaluate the ease of use, the quality of generated content, and the time

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saved compared to manual writing. It is essential to assess whether the generated content meets
your specific needs and whether it can effectively address the content creation problem.
Copy.ai primarily makes money through subscription-based pricing models, where users
pay a monthly or annual fee for access to premium features and enhanced capabilities. They also
offer pay-per-use pricing for occasional users. The company's revenue model relies on a
subscription-based customer base, which can provide a stable and recurring source of income.
If I had money to invest, I would consider investing in Copy.ai. The company operates in
a rapidly growing space where businesses and individuals continually seek efficient and cost-
effective content creation solutions. AI-driven copywriting tools have the potential to disrupt the
traditional copywriting industry. Copy.ai's focus on providing a user-friendly and accessible
platform and its subscription-based revenue model suggest a sustainable and scalable business
model. However, I would conduct further due diligence on the company's market position, user
satisfaction, and growth trajectory before making a final investment decision.

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References
Motlagh, N. Y., Khajavi, M., Sharifi, A., & Ahmadi, M. (2023). The Impact of Artificial
Intelligence on the Evolution of Digital Education: A Comparative Study of
OpenAI Text Generation Tools including ChatGPT, Bing Chat, Bard, and
Ernie. arXiv preprint arXiv:2309.02029.
Mohamadi, S., Mujtaba, G., Le, N., Doretto, G., & Adjeroh, D. A. (2023). Chatgpt in the age of
generative ai and large language models: A concise survey. arXiv preprint
arXiv:2307.04251.
Luitse, D., & Denkena, W. (2021). The great transformer: Examining the role of large language
models in the political economy of AI. Big Data & Society, 8(2),
20539517211047734.
Campbell, C. (2023). Ready or Not, Generative AI Is Here to Stay: Advertisers Need More
Research To Harness the Benefits of AI Technologies. Journal of Advertising
Research, 63(3), 202-204.
Maas, M. M. (2019). How viable is international arms control for military artificial intelligence?
Three lessons from nuclear weapons. Contemporary Security Policy, 40(3), 285-
311.