ChatGPT mania may be cooling, but a serious new industry is taking shape
- Three forces will shape the business of generative AI
The first wave of excitement about generative artificial intelligence (ai) was like nothing else the world had seen. Within two months of its launch in November 2022, ChatGPT had racked up 100m users. Internet searches for “artificial intelligence" surged; more than $40bn in venture capital flowed into ai firms in the first half of this year alone.