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My First MillionThe Next Billion Dollar Business Idea Using ChatGPT (#444)
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At a glance
WHAT IT’S REALLY ABOUT
Autonomous AI Agents, To-Do Apps, Robots, and Internet Marketing Games
- Shaan Puri pitches a to-do list app built on AutoGPT-style agents that actually completes tasks like getting quotes and booking services, which he thinks could be worth billions.
- The hosts review the HustleGPT experiment, where ChatGPT directed a $100 business that earned little revenue but drew thousands of dollars in investment and a large audience as a stunt.
- They weigh AI risks, including scalable voice-impersonation scams and the paperclip optimization thought experiment, while agreeing that businesses can't ignore AI the way they could ignore Web3.
- Sam Parr describes visiting Brett Adcock's humanoid robot company and its commercial model, and Shaan Puri adds how Amazon warehouse robots hint at coming industrial automation.
- The episode turns to lighter topics: a Webby Awards feud with Kara Swisher, a suspect $7 billion bid for the Commanders, TikTok 'kayfabe' tactics, and social media's effect on teen self-image.
IDEAS WORTH REMEMBERING
5 ideasAI is moving from giving instructions to executing them
Shaan Puri explains that agent tools like AutoGPT break a goal into steps and carry them out, rather than just telling you how, though they are not yet great.
A to-do app that does the tasks could be a huge business
Shaan argues the hard part of a to-do list is the doing, so an app that calls vendors, compares quotes, and books them would go beyond note-taking apps that reached a few billion dollars in value.
HustleGPT worked more as a stunt than as a business
The site reportedly made about $130 in revenue, but a viral tweet and people investing to join the first AI-run company brought in a few thousand dollars.
The same AI power can be used for harm
Shaan notes that tools that save money or automate medical billing calls can also scale scam calls with impersonated voices, and he cites the paperclip optimizer thought experiment about badly specified goals.
Both hosts see AI as unavoidable for businesses
Sam contrasts it with Web3, which he said companies could ignore, and Shaan compares AI to PCs, the internet, and mobile, saying companies without added intelligence compete with both arms tied behind their backs.
WORDS WORTH SAVING
5 quotesthe hard part, of course, of any to-do list is not the list. It's the doing.
— Shaan Puri
if you don't add intelligence, like, you know, you're basically competing with, with both arms tied behind your back compared to somebody else who will.
— Shaan Puri
marketing is this like never-ending game that's always changing. There's always like a new meta game to be playing. And the winners of it get really, really rich, but it's also exhausting
— Shaan Puri
These, these social networks can make you feel very small because, oh, you think you're funny? Here's somebody being fucking hilarious. You think you're cute? Here's someone gorgeous.
— Shaan Puri
They need to rename the f- the for you page to the better than you page.
— Shaan Puri
High quality AI-generated summary created from speaker-labeled transcript.
