GPT-4: The Future of Software Development
GPT-4 makes it easy to create software even if you're not an engineer. Startups are already cutting down development time by 10x. Learn how to adjust your thinking and focus on new types of moats.
Michael Houck 💡
Follow me to learn how to build, grow, and raise capital for your startup. Building a community and writing @houckdotnews for 40,000+ founders each week.
-
GPT-4 makes it easy to create software even if you're not an engineer
— Michael Houck 💡 (@callmehouck) March 22, 2023
It can write code and be your CTO
Software is no longer a competitive moat for startups
Here's how you need to adjust your thinking: -
Don't believe me?
— Michael Houck 💡 (@callmehouck) March 22, 2023
Startups are already cutting down development time by 10x.
Within the next few months we'll see VC-backed startups with a solo, non-technical founder.https://t.co/mnEYy09E7N -
New types of moats:
— Michael Houck 💡 (@callmehouck) March 22, 2023
GPT-4 can build any type of software.
But you can still differentiate from competitors.
Instead, focus on:
→ A strong business model
→ High quality user experiences
→ Distribution and go-to-market strategy
→ Network effects
→ Unique data sets -
Lower barrier to entry:
— Michael Houck 💡 (@callmehouck) March 22, 2023
Suddenly, your non-technical friend can build a software startup.
We're going to see the number of startups increase by 10x.
This will happen faster than you think.https://t.co/ln43xmo9Dz -
Faster product development:
— Michael Houck 💡 (@callmehouck) March 22, 2023
GPT-4 can write code faster than the best engineer.
And for less money than the cheapest engineer.
Startups will launch new products faster, ship updates more rapidly, and adapt to changing market conditions faster. -
New founder skills:
— Michael Houck 💡 (@callmehouck) March 22, 2023
Your pool of potential cofounders just increased.
Without necessarily needing a technical cofounder, cofounding teams can have different dynamics.
It will be interesting to see if teams with technical cofounders outperform others in this new world. -
Focus on culture and vision:
— Michael Houck 💡 (@callmehouck) March 22, 2023
Retaining talented team members will become harder.
Startups that are built on a strong vision for the future, with memorable values that they live by, will thrive.
Invest in a strong foundation. -
Emphasis on AI integration and strategy:
— Michael Houck 💡 (@callmehouck) March 22, 2023
What is the role of AI-generated code at your startup?
How does it fit in with an engineering team?
Intentional, thoughtful insertions of both prompt engineers and programmers will influence success. -
Intellectual property challenges:
— Michael Houck 💡 (@callmehouck) March 22, 2023
If your code is generated by an AI model built by another company, who owns your code?
IP rights for AI generated code are not yet clear.
Pay attention to this space — regulation is needed. -
Data as a competitive advantage:
— Michael Houck 💡 (@callmehouck) March 22, 2023
Unique, high-quality data sets will become more important than your codebase.
If you're able to train an LLM on a unique dataset that improves its performance, you'll have an advantage over competitors. -
Increased ethical responsibility:
— Michael Houck 💡 (@callmehouck) March 22, 2023
AI-generated outputs are opaque to the end user.
The companies creating LLMs have immense power to potentially influence users.
We're already seeing these questions asked about OpenAI by Elon Musk and others. -
Collaboration with AI:
— Michael Houck 💡 (@callmehouck) March 22, 2023
The startups that win will embrace a symbiotic relationship with AI.
Leverage AI-generated code effectively, but with human oversight and input. -
Interested in the intersection of AI and startups?
— Michael Houck 💡 (@callmehouck) March 22, 2023
1. Follow @callmehouck for more insights
2. Try my free newsletter. 23,000+ founders get actionable advice on how to build, grow, and raise capital for their startup each week https://t.co/7SAZWzNSwH -
And retweet the first tweet in this thread to share these insights with othershttps://t.co/Hfdgxh7FN7
— Michael Houck 💡 (@callmehouck) March 22, 2023 -
How AI changes startups:
— Michael Houck 💡 (@callmehouck) March 22, 2023
1. New moats
2. Lower barrier to entry
3. Faster product development
4. New skills
5. Focus on culture + vision
6. New AI strategies
7. Intellectual property challenges
8. Defensible datasets
9. Increased ethical responsibility
10. Collaboration with AI