This AI for Business Meetup focused on using ChatGPT to create customized "expert" chatbots (called custom GPTs) that can help with specific tasks like writing, analysis, and coaching. These custom GPTs have longer memory capacity and can have documents/data uploaded to them to further customize their knowledge base.

Some key takeaways:

Custom GPTs are specialized chatbots that are tailored to help with a specific task or field of knowledge really well. They allow you to fine tune ChatGPT's outputs to your needs.

Ideas for custom GPTs should focus on solving real-world problems that are hard to solve and need repeating often. Good areas are things like copywriting, analysis, coaching etc. that leverage ChatGPT's language capabilities.

To create a custom GPT, think of a niche, specialized problem and describe it in the setup. Upload any documents for the GPT to "learn" from. The more niche and focused, the better the quality of responses.

Custom GPTs can potentially be monetized if they solve a big enough problem that people need help with repeatedly. But it's unclear now how the economics would work.

Examples covered included a "Copywriting Coach" GPT to help improve writing, and a "Contractor Negotiator" to help with negotiating house repairs.

Benefits of custom GPTs include specialized expertise, one-stop setup of helpful prompts, and not having to re-upload background docs every time. Downsides are lack of visibility into usage.

In summary, custom GPTs allow configuring ChatGPT for specialized use cases to act as an expert assistant. They have lots of potential for solving business problems if designed for clear niche needs. Monetization options remain unclear but likely will come soon.

00:00 Introduction
02:34 Most Useful LLMs
07:38 Intro to Custom GPTs
20:05 Why People Needs CustomGPTs
24:05 Great Copywriting Prompt
32:13 Create a Custom GPT