Monitoring Desk
NEW YORK: Silicon Valley’s latest app sensation ChatGPT has compelled investors rushing to find the next big thing in generative Artificial Intelligence, the technology that some hail as the start of a new era in big tech.
The use of Artificial Intelligence (AI) has been increasing in everyday life for decades, but the launch of conversational robot by start-up OpenAI in November marked a turning point in its perception by the masses and investors.
California-based Khosla Ventures’ Shernaz Daver said that we have many platforms that have come along and resulted in an explosion of new companies. We witnessed this with the internet and mobile, and artificial intelligence could be the next platform.
Generative AI, of which ChatGPT is an example, wades through oceans of data to make up original content like an picture, poetr , a detailed essay – in seconds and upon a simple request.
Since its release in late November, ChatGPT has become one of the most popular and fastest growing apps ever and pushed the companies like Microsoft and Google to speed up projects that had until now halted carefully guarded over fears and concerns that the technology wasn’t yet ready for the general public.
ChatGPT surpasses Facebook
Another venture capital firm SignalFire’s partner Wayne Hu said that just 5 days after its launch, a million people used ChatGPT – nearly sixty times faster than it took Facebook to reach 1 million users.
He said that investors are suddenly all talking about how ChatGPT might jettison millions of knowledge worker jobs, affect trillion-dollar industries, and profoundly change the way we learn, eat, and make decisions.
