homeyoung turks NewsChatGPT Turns One: A recap of breakthroughs, backlash, and billion dollar bets

ChatGPT Turns One: A recap of breakthroughs, backlash, and billion-dollar bets

A year since the launch of ChatGPT, regulatory uncertainty remains, but, OpenAI and other frontier AI labs suggest that what we have seen so far is just the tip of the iceberg.

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By Shereen Bhan  Dec 1, 2023 9:30:25 AM IST (Updated)

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A year ago, on November 30, 2022, OpenAI introduced generative AI, heralded as the greatest technological leap of our times. ChatGPT, a marvel in machine intelligence, swiftly captivated the world, achieving 100 million monthly users within two months of its launch.

Big tech swiftly recognised the signs, and Microsoft boldly made its third and largest investment in OpenAI, pledging a staggering $10 billion, along with more to dare Google.
But not everyone was on board. An open letter, endorsed by Elon Musk and over 30,000 others, urged a halt on training AI systems surpassing GPT-4 for a minimum of six months, advocating a thorough assessment of risks and challenges.
As predicted in the letter, layoffs began and the global workforce stared at the danger of being replaced with AI—even Hollywood went up in protest.
It was clear that governments needed to build guardrails as the technology was too powerful to be left in the hands of corporations. Testifying before the Senate, OpenAI CEO Sam Altman agreed.
The message resonated, prompting the U.S. Senate to summon big tech leaders to talk policy. Meanwhile, Amazon entered the fray, placing a $4 billion bet on OpenAI competitor, Anthropic.
In the intensifying AI race, establishing a responsible framework gained prominence at the AI Safety Summit in Britain. The Bletchley Declaration, signed by over 25 countries, including India, the U.S., E.U., and China, marked a pivotal step forward.
A year since the launch of ChatGPT, regulatory uncertainty remains, but, OpenAI and other frontier AI labs suggest that what we've seen so far is just the tip of the iceberg.
Since its launch last year, ChatGPT-like models have globally transformed the AI landscape. So while India ranks first in AI skill penetration, and boasts of a fifth of the world's AI talent, as per NASSCOM, the country saw just about $3 billion flow into AI startups in 2022 compared to the US where a whopping $47 billion went into newly formed artificial intelligence firms.
To discuss how far we have come, and what our priorities need to be going forward, CNBC-TV18 spoke to Umakant Soni, Chairman at AIFoundry and Co-founder of AI and Robotics Technology Park; Dhrupal Shah, Co-Founder of STEMpedia and Anuruddh Mishra, Founder of August AI.
For full interview, watch accompanying video

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