Suggested by Eric Niehaus about 3 years ago

Problem:

1. Many, if not most, businesses fail because they were bad ideas: no demand, poor timing, etc.
2. It can be hard to validate your idea: data collection, analysis, etc.
3. It's hard to get high quality feedback/guidance since (a) no one who's not on the inside of the startup knows as much as the Founder does, (b) there's an extremely limited supply of top mentors/minds, (C) people lie, (d) people aren't super smart/rational

Solution: ChatGPT validates your idea for you, using existing, reliable data sets: market sizes, competitors, industry growth, etc. Then, it provides personalized, continuous guidance/answers, with those answers improving in quality over time as you work on the idea and feed it more data. It could be integrated with your datasets so that it gives perfectly data-driven recommendations and knows your business as well as (or better) than you.

Misc Thoughts

1. This "Unmet Needs" section in Platform is, in part, an attempt to help to validate ideas, as it counts the number of people who are interested, want to fund, etc. So, this "Unmet Needs" section, in part, suggests the need for a better way to validate ideas.
2. We'd all like high quality ideas/feedback/mentorship but only 0.001% have access to the best minds/mentors, mentor and other networks suck, investors and others don't give good feedback (if at all), friends and (potential) users lie, people aren't super smart/rational, etc.
3. You could create a reporting / alert system from this, too. Instead of getting a flat, uninterpreted daily report of metrics, the model could send rich insights into trends, changes, recommended actions, etc.
4. Most of the problems that Founders face and the questions that they have are predictable and comparable in structure, requiring only specific modifications
5. Perhaps there's also an expansion whereby all suggested ideas around the world get ranked according to potential and then as a company we recruit or assign people to work on the highest potential ideas, involving financing institutions where necessary.
6. ChatGPT can already predict stock market trends; it can likely do the same for trends within startups, and since timing is ~40% of the success equation we could drastically improve the success of our investments and/or ventures.

New learning models and capabilities in generative AI allow us to create an extremely reliable and trusted solution to a long-standing and high demand need.