Not Invented Here Syndrome

Not Invented Here Syndrome

We're really good at creating AI agents and AI chatbots. The reason is because we've got Magic Cloud allowing us to rapidly create AI workflows, associate these with machine learning types based upon RAG, for then to wrap these into an AI chatbot. Such AI chatbots and agents allows users to use natural language to phrase questions. Below is an example of an AI Agent we just created that searches for patents in a database of 280 million records, allowing you to use ChatGPT to analyse patents.

Screenshot of AI agent with patent search

The above can be wrapped into an AI SaaS company in a couple of days by us for $498 per month. How much do you think it would cost you to develop something like this in-house?

Advantages

Think of the above patent AI chatbot like a "custom search engine", similar to Google, except this one returns only patents, and allows you to use ChatGPT to analyse these patents, asking questions such as for instance.

  • "Give me all patents related to combustion engines that are in the public domain in July of 2025"
  • "What patents did John Doe create?"
  • "What patents does Volvo hold?"
  • Etc ...

Apparently, for a patent attorney, being able to phrase questions based upon natural language such as the above, and generate high quality reports with AI, saves the attorney several hours of work every single day. Watch me create the chatbot in 5 minutes in the following video.

Then go ask your developer if he would want to use it as a component in your company? The point about this exercise of course, is that he will most definitely give you some answer being a permutation of the following.

That's easy, we can do it ourselves!

Congratulations, by listening to your developer, you've just lost half a million dollars. Don't believe me? Let me break down your TCO here ...

Graphical comparison of TCO of custom versus off the shelf product

Having us create it

The cost for something such as the above would be $498 per month for hosting, and roughly $2,000 up front for custom development, depending upon how complex your requirements are. For this, you will get an AI SaaS company, integrated with Stripe, allowing your customers to pay for a subscription, while having some 3 to 5 questions for free before being asked to pay. If you don't want it as an AI SaaS company, even better, that takes us 2 hours instead of 2 days!

This results in a TCO of roughly $6,000 per year for you, at which point you'd have a complete product.

We can create any AI chatbot and agent solution you wish for some handful of thousands up front, and $498 per month to host it. Patents is just one example, we've done complex Fintech AI SaaS companies too, and we've delivered customer service AI chatbots to complex software companies and hospitality companies.

Doing it in-house

If you were to hire a team to reproduce the above, you'd need about 3 to 5 software developers. These would ask you for at least $5,000 per month each. Multipled by 12 months and 3 developers, you're now looking at annual expenses of somewhere between $180,000 to $300,000. It will take these developers about 2 years to deliver, so your TCO is now between $360,000 and $600,000. Congratulations, your TCO have now increased as follows.

  • Up from $6,000 per year to $180,000 to $300,000 per year.
  • Long term maintenance costs of having 2 full time employees to maintain the thing increased your costs from $6,000 per year to $120,000 per year.

Your cost savings

By chosing us you've reduced your costs by somewhere between 97% and 99%, implying to create it for yourself would imply almost 100 times as much resources, and probably result in less than 50% of the end quality. In addition, creating it for yourself will take 24 months before you can enter the market. If we're delivering it, we can in theory have it up running in 2 days!

If you were to build everything in-house, you'd in theory end up saving money after 50 to 100 years, assuming your developers can actually deliver a working product after a couple of years, and you didn't have to hire people full time to simply support the frikkin' thing.

It's about "AI Strategy"

Every time I hear the above I laugh out loud. AI is "a tool", just like an RDBMS or a programming language. Unless you want to build your own RDBMS because you're a "data company", or you want to create your own programming language because you're a "software company", then creating your own AI solutions such as the above is simply ridiculous.

AI is an "off the shelf product type of thing", just another tool, just like an SQL database is, or a web server is. You wouldn't want to build your own web server, right? And you wouldn't want to build your own SQL database, right? So why would you want to build your own AI tools? It simply doesn't make any sense!

Building something such as the above is madness. If you want a patent AI SaaS company, or just the ability to search for and analyse patents using AI, you need to contact us. Do not do it in-house, it's madness!

Wrapping up

The "not invented here syndrome" is responsible for trillions of dollars lost annually. Creating software that can be bought off the shelf for yourselves is madness. It only results in financial losses and resource waste. We can deliver any AI chatbot you wish, and any AI Expert System you wish. We can even deliver fully fledged AI SaaS companies for that matter.

Please do me a favour the next time your software developer suggests building something in-house. Search for an off the shelf product, and if one exists, promise me to never, ever, ever, ever listen to your software developer's advice again - Because in the end, he's in it for developing his own CV, and not your product - And he needs "AI stuff" on his resume to land his next job ...

Your software developers' incentives is to build their CVs, not your software!

If you still think you can build it yourselves, then please, just send your money to some charitable organisation - Because at least that way you won't be flushing $300,000 down the toilet, and some poor guy in a desperate situation at least might get to eat today ...

Have a Custom AI Solution

At AINIRO we specialise in delivering custom AI solutions and AI chatbots with AI agent features. If you want to talk to us about how we can help you implement your next custom AI solution, you can reach out to us below.

Thomas Hansen

Thomas Hansen I am the CEO and Founder of AINIRO.IO, Ltd. I am a software developer with more than 25 years of experience. I write about Machine Learning, AI, and how to help organizations adopt said technologies. You can follow me on LinkedIn if you want to read more of what I write.

Published 24. Nov 2024

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