- Published on August 29, 2023
- In Deep Tech
The Beginning of the End of SaaS Startups
Startups will Lose, But Will Biggies Join Back?
- By Siddharth Jindal
A few months ago we had predicted generative AI startups have no moat, no money, and now its confirmed.
When Sam Altman claimed that the rise of generative AI chatbots like ChatGPT is going to replace customer service jobs, he wasn’t wrong. Forget jobs, he is now coming after SaaS startups. OpenAI's recent introduction of ChatGPT Enterprise might have sent shock waves among several SaaS startups that had developed products around ChatGPT or offered wrappers around ChatGPT APIs catering to business clients.
OpenAI in their blog said that ChatGPT Enterprise comes with a new admin console that will let businesses manage team members easily and offers domain verification, SSO, and usage insights, allowing for large-scale deployment into enterprise.
This development o
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Siddharth Jindal
Siddharth is a media graduate who loves to explore tech through journalism and putting forward ideas worth pondering about in the era of artificial intelligence.
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