Marketplaces have become a feature of our economy. From apps for our phones and third-party sellers on e-commerce platforms to content producers on social media and education websites, marketplaces enable businesses to forgo building a digital sales channel and piggyback on established websites and apps.
With the rise of large language models, customized models have become a commodity similar to apps. Thus, OpenAI announced its marketplace. They want to enable solo, professional developers and small businesses to sell their OpenAI-based offerings.Marketplaces are an excellent opportunity to gather experience using generative AI and create revenue. Yet the experiences in many other marketplaces call for a more muted response. With the speed of innovation in AI in mind, join me at the Forbes Technology Council to discover more about the Unique Risks and Rewards of Marketplaces.