Just one year after its launch, chat GPT has quickly become a household name, with well over 100 million daily active users. And now, open AI is opening up the floodgates, allowing developers to profit on their platform by selling custom GPT agents. The potential for earning is massive, with the simple goal of convincing just 1% of the user base to pay $1 per month for a custom agent, potentially making you a decamillionaire by the end of the year. In this article, we’ll explore the opportunities and potential pitfalls of capitalizing on this once in a lifetime shovelware opportunity.
It is January 5th, 2024, and there is a buzz in the air around the launch of the GPT store, where developers can sell their custom GPT agents. Building a custom GPT agent is surprisingly easy, with a low barrier to entry. With a few simple steps, anyone can create their own custom GPT agent and start making money. The GPT store is likely to be filled with a variety of agents, and there is speculation about other platforms like Google’s B Advanced and Bard following suit with their own marketplaces for developers.
One of the major questions that arises with the GPT store is the revenue split. Will it mirror the 70/30 split of Apple, with developers receiving 70% of the profits from their agents, or will it be something different due to open AI doing most of the heavy lifting? This will be crucial for developers looking to profit from their custom agents on the store.
The potential for success on the GPT store is significant, especially for developers who create useful and innovative agents. With the opportunity to make a substantial amount of money, there will likely be a race to create the most desirable and demanded agents on the store. Some initial ideas, such as a smart home control agent, a stock broker agent, or an AI personal trainer, may not be as viable as they sound. However, the potential to take trendy AI SAS products and adapt them for the GPT store could be a more lucrative avenue for developers.
One developer is in the process of creating an AI agent for their open-source spellfire library that can remotely execute code. This unique agent, named Fire Breather, can execute JavaScript in a sandboxed environment on a server. This is made possible by chat GPT actions, formerly known as plugins, which allow chat GPT to access an API that contains the necessary functionality. The next step for the developer is to build an API that can be accessed by the GPT agent, with the framework Nitro providing a potential avenue for this.
Building a custom GPT agent involves creating an ai-plugin.json file and building an API that can understand and respond to chat GPT. An open API spec provides a consistent structure for documenting RESTful APIs, ensuring that GPT understands the API’s functionality. Once the API is built and deployed, developers can start testing their custom agent and potentially start profiting from it on the GPT store.
In conclusion, the launch of the GPT store and the potential for developers to profit from selling custom GPT agents is an exciting and potentially lucrative opportunity. The low barrier to entry and the potential for substantial earnings make this an attractive prospect for developers. However, the competition and the need to create truly innovative and useful agents will be crucial for success on the platform. For those willing to put in the effort and develop high-quality agents, the GPT store offers a rare opportunity to capitalize on the growing demand for AI-powered conversational agents.
