ChatGPT – The Super Assistant Era | BG2 Guest Interview

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BG2Pod with Brad Gerstner and Bill Gurley 1h 3m 3 speakers 8 chapters transcribed
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What is the main topic discussed in this episode?

Nick Turley 0:00
ChatGPT originally was entirely free, and the reason for that was that it was intended to be a demo.

What sparked Nick Turley's journey to OpenAI?

Nick Turley 0:06
and we were going to wind it down after a month.

How does OpenAI prioritize long-term retention for ChatGPT?

Nick Turley 0:08
We then realized that the demo went viral and people loved the demo, and it was actually a product. But we realized that to be a product, you can't take the product down every time you're at capacity. So we shipped subscriptions simply because it could shape the demand. It was a way of gracefully turning users away when we had to turn away someone.

What factors contributed to ChatGPT's rapid consumer growth?

Apoorv Agrawal 0:26
You guys are at 900 million weekly active users now, and that growth has been incredible. The next billion users, where are they going to come from?
Nick Turley 0:35
We've got about 10% of the world coming to us now, 90% left to go, right? There's so much more opportunity.

How does OpenAI plan to acquire the next billion users?

Apoorv Agrawal 0:48
Well, Nick, so excited to have you here.
Nick Turley 0:50
Thank you for having me, Puru.
Apoorv Agrawal 0:51
You've had quite the journey from Germany to the U.S. for Brown.
Nick Turley 0:56
That's true.
Apoorv Agrawal 0:57
Most recently at Instacart, delivering groceries in 30 minutes. You're now delivering AGI to billions. I'm sure that was a plan all along.
Nick Turley 1:04
Yeah, clearly a total master plan.
Apoorv Agrawal 1:08
Well, tell us about your journey. How did you get to OpenAI?

What is the vision for ChatGPT as a super assistant?

Apoorv Agrawal 1:10
I know it's a fun story. And your three and a half years or so at OpenAI, how have they gone?
Nick Turley 1:16
The only through line in how I made any sort of employment decision has been entirely people-based, so I don't claim any credit for joining OpenAI or predicting ChatGPT or anything like it, but I hit up someone who I admire a lot, who I got to know at Dropbox, Joanne, who worked here at the time, and I asked her to get off the Dolly 2 waitlist, and she told me I had an interview if I wanted to get off the waitlist. So I took the bait and got totally nerd sniped in the process, and here I am. There you go. The Dolly 2 waitlist will get you.

Why is pricing for ChatGPT evolving?

Nick Turley 1:55
It's a great recruiting tool.
Apoorv Agrawal 1:56
Nice, nice, nice. We should do more waitlists, probably. Yeah, yeah, yeah. Well, you know, the big...

How do partnerships influence ChatGPT's distribution strategy?

Apoorv Agrawal 2:03
super cycle we're in is Chad GPT. Now, I assume over a billion users on the monthly side, 900 million weekly active users recently reported, up from zero three and a half years ago. You could have, if I imagine what the dashboard of Nick Turley looks like, it could have users, it could have paying subscribers, it could have daily active users, it could have retention, engagement. I mean, there's like 15 things, maybe all of them, What is your North Star? How do you how do you what are you optimizing for? What is Nick looking at in his daily dashboard?
Nick Turley 2:37
It's funny, right? Because it's such a young product. It's been to your point three and a half years. And this kind of question It kind of changes as you evolve and you grow up and you ask yourself, what are we really building here? And to this day, I want to build a super assistant that can actually help people achieve their goals. And ultimately, the thing we care about is, is our product doing that? Is it actually helping you do the thing that you're coming to the product to do? And it's so different for different people, right? Some people are trying to get healthy. Other people are trying to start a company, learn a new topic. do their taxes. There's all these different things that you might be doing.
Nick Turley 3:20
And the true measure of success is that we're helping you do that. And obviously, we look at WAU in particular because we want to know if you're coming back to the product. We look at retention. But we look at all kinds of stuff in aggregate because really there isn't this one single thing that you can optimize for.
Apoorv Agrawal 3:38
If you were to allocate 100 units of points to these metrics, can you distribute the 100 units across these metrics in order of importance for you right this second?
Nick Turley 3:49
It's a good question. I care a lot about long-term retention, and I would put all my points there because I'm really proud of the retention stats we have. But ultimately, the sign of durable values, whether or not people are coming back in three months, because that means you're really solving their problems. I think things like revenue, they follow from that versus trying to go on those things directly.

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