ChatGPT can now be used for online shopping also; direct challenge to e-commerce giants
Leading artificial intelligence company OpenAI has entered the world of digital commerce. The company has announced that ChatGPT can now be used not only for conversation but also for online shopping. Initially, this feature will be available for purchasing products from Etsy, but will soon be expanded to Shopify as well. This means that customers will now be able to shop directly while conversing with the chatbot.
Direct challenge to e-commerce giants
Experts say this move could prove to be a major business model for OpenAI. The company will no longer rely solely on investors but will also generate revenue from shopping transactions. Experts believe this move will directly challenge e-commerce giants like Amazon and Google. The company will now be able to profit by promoting shopping sites and collecting transaction fees.
Simplified Payment Systems
OpenAI has partnered with Stripe to provide a better customer experience. The company is working on an 'instant checkout' system, which will simplify and speed up the payment process. This will allow customers to make payments instantly without any complications.
No product will be prioritized
OpenAI has also clarified that ChatGPT will not prioritize any specific product or brand. The company states, "When multiple merchants sell the same item, ChatGPT displays results based on factors such as availability, price, quality, primary seller status, and instant checkout." This will provide customers with unbiased options and allow them to choose the best product based on their convenience.
A New Change in Digital Commerce
This new feature of ChatGPT could prove to be a major change in digital commerce. It will provide users with both a conversation and a purchase experience on a single platform. This will not only simplify the shopping process for customers but will also intensify competition in the online retail sector.