Hi Siddharth,
A couple comments:
I have a class session in my venture creation course dedicated to 'storytelling', as not only reflecting a form of 'emotional capital', but also as a tool useful for persuading investors. However, when I ask my students to create a basic story to include in their 5-minute presentation, or I ask them to create a 30-second script of a commercial, many of them don't know how to begin... I've found that ChatGPT is quite good at crafting a story or a commercial. The students can just type in a brief description of their venture idea, ask ChatGPT to create a story or commercial, and ChatGPT will do it. Of course, as with all the rest of us faculty, this is the first full semester where we can see this AI capability. It's pretty amazing. The students appreciate the headstart that ChatGPT offers in creating the story. And in fact, if multiple students input the exact same story prompt, you can get different stories! I encourage other entrepreneurship faculty to share this idea with their students, in their venture creation courses.
My other comment is a bit of a warning against using something like ChatGPT to help students "socialize with the literature/scholars" active in the field. On multiple occasions in my own experience, ChatGPT has 'hallucinated' and manufactured fictitious citations. As in, it uses real journal names and real scholar names, and creates fake article titles with fake publication dates and fake page numbers. For now, it's a very real serious problem, and all students should be coached to double-check whatever citations and scholars ChatGPT mentions. (Can google "AI hallucination" to get a basic understanding of this phenomenon.)
Regards, -cm (chsieh.com)