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Inside ChatGPT’s breakout moment and hype to Put AI to Work

Forbes interviewed Sam Altman and Greg Brockman of OpenAI, as well as more than 60 other leaders, like Bill Gates and Fei-Fei Li, about the new AI hype, which is being fueled by the popularity of ChatGPT and Stable Diffusion. AI will change your work, whether you like it or not. The ChatGPT news is at the top of the metaverse news. It also broke the record and attracted 100 million users in just two months, making it the fastest-growing consumer app in history.

Greg Brockman, the president of OpenAI, checks the “energy levels” of the team working on ChatGPT, the company’s new artificial intelligence model, in an ordinary conference room in the office. He wants to know how we got from everything is on fire and everyone is burned out” to “everyone just got back from the holidays and everything is fine.

In the first five days after ChatGPT came out on November, 1 million people asked for trivia, poems, and recipes. Forbes estimates over 5 million. Open-AI quietly sent some of the work to its training supercomputer, which is made up of thousands of GPUs that Microsoft and Nvidia worked with them to build.

Since ChatGPT’s servers are already full, users stay away as the group grows.

Is it hype? Plenty!

Based on optimistic revenue projections of $200 million in 2023 (compared to an expected $30 million last year, according to a part of a past investor presentation seen by Forbes), the reported valuation for OpenAI would mean a forward price-to-sales multiple of 145, which is much higher than the 10x or 20x that is more common. OpenAI only said it was an investment that would take years and cost billions of dollars. Even though AI insurgents aren’t pure disruptors—Amazon, Google, Microsoft, Nvidia, and others already make money by providing the cloud infrastructure that much of the category depends on—they are still changing the way things are done. Mike Volpi of Index Ventures says that Google is the “elephant in the room.”

Does CHATGPT have Social issues?

The models can be skewed and used in the wrong ways. Work and data made by AI are being argued about in court. Some people, including Open-leaders, say that the ultimate goal is a self-improving, self-aware “artificial general intelligence” that can change capitalism (Altman’s hope) or put people in danger (Elon Musk’s fear).

Images made by AI are not aware of themselves. “An artistic portrait of the artificial intelligence called X, made by X,” was what DALL-E from OpenAI and Stable Diffusion from Stability AI were asked to make.

Generative AI is on the rise. Stable Diffusion made a music video for The Chainsmokers, and Mostaque thinks it will soon make whole movies. The Dal Museum in St. Petersburg, Florida, uses DALL-E to help people visualize their dreams. A similar tool from the startup Mid-journey was used to make a piece of art that won first place at the Colorado State Fair, which made people angry online.

Big names in technology accepted the challenge. Sergey Brin and Larry Page, who used to keep to themselves, have returned to Google’s headquarters as part of CEO Sundar Pichai’s “code red” response to ChatGPT and similar sites. Microsoft co-founder Bill Gates, who has been retired for a long time, told Forbes that he now spends about 10% of his time meeting with different teams to talk about their product roadmaps.

Google deserves to win. In 2017, Google researchers wrote a paper about transformers that used sentence context to make large language models more useful. Aidan Gomez, one of the book’s authors, remembers that the technology was first used on Google Translate, then Search, Gmail, and Docs. Consumers aren’t impressed because most of what it sells is used behind the scenes or to support advertising products. “I was waiting for the world to pick this up and build with it, but that wasn’t happening,” says Gomez, who launched Cohere, his OpenAI competitor, in 2019. Nothing new. Six of the eight people who wrote the paper left Google to start their businesses, and one of them joined OpenAI.

Microsoft and ChatGPT

Because Microsoft spent $10 billion, Chat-GPT will be in Office. RBC Capital Markets Rishi Jaluria, a Microsoft analyst, imagines a “game-changer” future in which workers can click a button to turn Word documents into beautiful PowerPoint presentations.

Reid Hoffman, a billionaire whose charitable foundation gave money to OpenAI, thinks that AGI is a bonus for the world, not a necessity. Altman has “thought a lot” about whether or not we will accept AGI. Now, he thinks, “It won’t be a clear-cut moment; it will be a much smoother change.” Researchers say that we need to talk about the effects of AI models now because they can’t be changed. Aviv Ovadya, who works at the Harvard Center for Internet and Society, calls it an invasive species. “Policy must be driven by technology.”

Microsoft’s investment in OpenAI and promise to give it back to a nonprofit are the first time anything like this has happened. Altman and Brockman call this a “safety override” and an “automatic circuit breaker” to stop OpenAI from getting too powerful if it gets too big.) Industry experts see the deal as either a near-purchase or a rental that is good for Nadella. Altman says of the arrangement, “Every time we told them, ‘Hey, we need to do this weird thing that you’re probably going to hate,’ they said, ‘That’s awesome.'” (Microsoft didn’t say anything about the deal.)

As AI models use up all the documents on the internet, OpenAI could get a lot of new information from Microsoft’s Office suite. Google also has a collection like this. Its huge AI departments have worked with it for years to protect its businesses. Many AIs will come out in 2023.

Apple and Meta, the company that runs Facebook, have large AI units. Apple’s most recent operating systems have been updated to include Stable Diffusion right away. Yann LeCun, who is in charge of AI research at Meta, said negative things about ChatGPT on Twitter and to reporters. OpenAI, Stability, and others are the focus of and competition for a lot of new businesses. Clem Delangue, 34, is the CEO of Hugging Face, which hosts the open-source Stable Diffusion model. He dreams of a Rebel Alliance, a diverse AI ecosystem that is not controlled by Big Tech. Delangue claims such models require Big Tech subsidies due to their opaque costs. He says that money laundering is a cloud.

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About MahKa

Inside ChatGPT's breakout moment and hype to Put AI to WorkMahKa loves exploring the decentralized world. She writes about NFTs, the metaverse, Web3 and similar topics.

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