ChatGPT craze peaked… But there won’t be a bubble burst

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This article – CNBC capture

CNBC, an economic media outlet, reported on the 12th (local time) that the chat GPT craze developed by artificial intelligence (AI) company ‘Open AI’ has peaked, but there will be no bubble collapse.

◇ The chat GPT market seems to have peaked already
: The chatbot market is heating up as Microsoft-backed Open AI develops a groundbreaking chatbot (conversational robot), but it seems to have already peaked.

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However, CNBC reported that even experts who are skeptical about chatbots believe that the bubble will not burst.

Unlike the metaverse based on ambiguous ideas, AI is a key technology in the next-generation IT field.

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ChatGPT is not a technology implemented overnight, but the result of decades of efforts accumulated, and it is highly likely that the IT industry will be reorganized around AI in the future.

It is ‘Open AI’ that caused the ChatGPT craze. When OpenAI launched ChatGPT, it is gaining sensational popularity.

ChatGPT, which was released in November last year, is attracting attention for its groundbreaking performance, with more than 1 million users in just a week after its launch. Among the chatbots released so far, it is evaluated as the best performance.

Accordingly, in the IT industry, there is a prospect that ChatGPT can become a ‘game changer’ in the IT industry following ▷web browser (1994) ▷Google search engine (1998) ▷iPhone (2007).

In particular, on the 23rd of last month, MS announced a new investment plan for Open AI, a chat GPT developer, and announced plans to add chat GPT functions to its search engine ‘Bing’.

Not only MS but also Google introduced ‘Bad’ to counter ChatGPT.

The stock price of Alphabet, Google’s parent company, plummeted when Bard made a mistake during one of his demonstrations.

Open AI and ChatGPT - Captured from company homepageOpen AI and ChatGPT – Captured from company homepage

◇ The possibility of bursting the bubble is not high
: The recent chatbot craze seems to have peaked. This is because the stock prices of related companies in the US and China have already risen too much.

But even skeptics see the bubble bursting as unlikely.

While the metaverse remains an obscure concept for many, what has been happening in the AI ​​industry recently is part of a process that companies have pursued over the past 20 years.

From software engineering to finance, operations, legal, logistics and creative, there is no place where AI does not apply. In the future, it is expected that all companies will have no choice but to rely on the help of AI to improve their efficiency.

The market is clearly taking the latest AI advances seriously, and the competition between Microsoft and Google over AI for search engines will intensify.

ⓒ News1ⓒ News1

◇ Companies will create AI official positions
: Experts are unanimous that companies will create AI-related positions one after another.

An executive at a Silicon Valley-based technology company predicted, “Each company will rush to create a new department dedicated to AI, and will also create a new position responsible for it.”

◇ The next duel between China and the US is AI
: China, which has accumulated vast amounts of data, has great strengths in AI.

In fact, China has invested heavily in AI, believing that the core of the next-generation technology competition will be AI. China sees that the site of the next IT Armageddon (final war) with the US will be AI.

The US is likely to take some action to stem the rapid growth of AI in China. Previously, the US had blocked China’s access to advanced technologies, particularly advanced semiconductors with military applications.

Source: Donga

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