👾 AI Business News #11: AI Will Create More Billionaires Than the Internet

Welcome to the latest edition of MadebyAgents AI. In this issue:

• New ChatGPT features

• Make Paperless-ngx more secure

• Billionaire predicting the future of AI

Latest News

OpenAI just released new features for ChatGPT.

🔔 ChatGPT Tasks: A New Era of AI Assistance

OpenAI has launched a beta version of ChatGPT Tasks, a feature that transforms the chatbot into a proactive AI assistant. Users can now schedule reminders, automate recurring tasks, and receive notifications across devices. Available to ChatGPT Plus, Pro, and Teams subscribers, this update marks OpenAI’s first step into agentic AI, where AI systems can independently manage tasks.

What’s New

ChatGPT Tasks introduces a scheduling capability that allows users to set one-time or recurring tasks using natural language commands. For example, you can ask ChatGPT to send a daily weather update at 7 AM or remind you about a passport expiration six months in advance. The feature is powered by GPT-4o, enabling smarter and more context-aware task management. Users can manage tasks through the chat interface or a dedicated Tasks section on the web. OpenAI has also added proactive task suggestions, though users must approve them before execution. Currently, each account can run up to 10 active tasks simultaneously.

Business Impact

For small businesses and startups, ChatGPT Tasks offers a cost-effective way to automate routine operations. Imagine scheduling daily sales reports, weekly team reminders, or even automated customer follow-ups. This feature reduces manual effort, allowing teams to focus on strategic tasks. While still in beta, Tasks signals a shift toward AI-driven productivity tools that could reshape workflows. However, businesses should note its limitations, such as the lack of voice support and potential task failures during testing. As OpenAI refines the feature, it could become a game-changer for operational efficiency.

🔧 ChatGPT Custom Instructions

OpenAI has enhanced ChatGPT with a revamped Custom Instructions feature, allowing users to tailor the AI’s responses to their unique preferences and needs. This update introduces a more intuitive user interface, expanded customization options, and the ability to define traits like “Chatty” or “Gen Z” for ChatGPT’s tone and style. This feature aims to make AI interactions more personal and efficient.

What’s New

The updated Custom Instructions feature now includes fields for users to specify their preferred name, profession, and desired traits for ChatGPT. For example, you can instruct the AI to be “Witty” or “Encouraging” in its responses. The new UI simplifies the process, making it easier to set preferences like tone, style, and response length. This update also supports recurring customizations, ensuring ChatGPT remembers your preferences across conversations. However, the feature is not yet available in the EU and some other regions due to regulatory considerations.

Business Impact

For small businesses and startups, Custom Instructions can streamline workflows and improve productivity. Imagine a marketing team instructing ChatGPT to always use a “casual but professional” tone for social media posts or a developer setting it to provide code snippets without explanations. This level of customization reduces repetitive instructions and ensures consistent, high-quality outputs. For technical professionals, it means faster, more accurate responses tailored to their expertise.

🔐 Paperless-ngx Introduces Two-Factor Authentication in Version 2.14

Paperless-ngx, the open-source document management system, has rolled out two-factor authentication (2FA) in its latest release, version 2.14. This update enhances security for users managing sensitive documents, making it a valuable tool for businesses and professionals prioritizing data protection.

What’s New

The 2.14 release introduces 2FA, adding an extra layer of security to user accounts. This feature ensures that even if passwords are compromised, unauthorized access is prevented. Alongside 2FA, the update includes several productivity enhancements:

• Custom Field Sorting: Users can now sort documents by custom fields, improving organization and retrieval.

• Email and Webhook Workflow Actions: Automate tasks like sending emails or triggering webhooks based on document workflows.

• Improved Document Preview: Faster loading and better text display for a smoother user experience.

• Scheduled Workflow Triggers: Set workflows to run at specific times, reducing manual intervention.

These features make Paperless-ngx more robust and user-friendly, catering to both technical and non-technical users.

Business Impact

For small businesses and startups, the addition of 2FA is a game-changer. It ensures compliance with data protection regulations and builds trust with clients. The automation features, like email workflows and scheduled triggers, save time and reduce operational overhead. For technical professionals, the improved document preview and sorting options streamline workflows, making it easier to manage large volumes of data.

AI Investments - What to Watch¹

🔮 The New Frontier of Billion-Dollar Opportunities

David Sacks - early investor in Facebook, Uber, and Airbnb - claims AI will create more billionaires than the internet. With a track record spanning PayPal, Yammer, and $2B+ in venture assets, his predictions carry weight.

What’s New

Sacks’ AI predictions focus on five areas:

1. The AI Gold Rush: AI acts as a “force multiplier” across industries. NVIDIA gained $1.5T in value in 12 months; AMD stock rose 400% since 2022.

2. AI-First Startups: By 2026, AI-native companies will dominate, replacing traditional software firms.

3. PhD-Level AI: OpenAI models may soon match human expert reasoning.

4. VC Disruption: AI agents and smart contracts could replace traditional venture capital by 2027.

5. Wealth Divide: Those using AI will outpace competitors by historic margins.

Sacks’ Craft Ventures has deployed $850M since 2023 into:

• AI agent platforms

• Infrastructure (compute, storage, networking)

• Industry-specific AI tools

• Hardware startups

Business Impact

For small businesses and startups:

• Adapt or fall behind: AI-native companies will set market standards.

• Prioritize infrastructure: The next trillion-dollar company will likely build AI foundations.

• Solve niche problems: Vertical AI solutions (e.g., healthcare, logistics) offer high ROI.

Action Plan

1. Develop AI-first products or workflows.

2. Master infrastructure basics (cloud, APIs, data pipelines).

3. Target industry-specific pain points.

4. Cultivate skills AI cannot replicate: creativity, leadership, complex decision-making.

Sacks’ message is clear: AI isn’t coming - it’s here. The race for the next decade’s wealth starts today.

That’s It for This Week

✨ Before You Go:

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See you next time!

Tobias from MadebyAgents.com