Happy Birthday ChatGPT! Here Are the Stats…

Dear Reader,

Today I want to delve into a significant milestone…

Because despite its recent passing last week…

The first anniversary of ChatGPT's public release and its transformative impact on OpenAI and the internet at large…

Is still going on and will continue to impact the AI landscape heavily in the years to come.

So, what's the buzz about ChatGPT's first anniversary?

Let's break it down into key insights.

1) Explosive Growth and Market Value Surge

Since its launch, ChatGPT has been a phenomenon, amassing over 100 million users and catalyzing OpenAI's market value to skyrocket.

This meteoric rise is a testament to the power and potential of generative AI, with ChatGPT at the forefront of this revolution.

This means the current AI revolution will mostly revolve around Generative AI.

2) Redefining Generative AI

ChatGPT popularized the term "generative AI," describing applications that generate text, images, and other content based on simple prompts.

Its success has spurred a slew of competing chatbots, including Google’s Bard, Anthropic’s Claude, and Elon Musk’s Grok. Furthermore, ChatGPT's own AI capabilities have seen remarkable enhancements, evolving from GPT-3 to GPT 3.5 and the recent GPT-4.

3) Impact on Businesses and Individuals

Today, ChatGPT and similar text and image generators are integral tools for marketers, consultants, programmers, writers, students, and more.

According to a Statista survey:

• Approximately 1 in 10 U.S. business leaders have saved over $100,000 by integrating ChatGPT into their workflow.

• Around a quarter of companies have saved between $50,000 to $70,000 through the use of this chatbot.

In essence, ChatGPT's first anniversary marks a significant milestone in AI innovation, setting the stage for future advancements and potential disruptions in how we interact with and utilize AI technologies.

Furthermore, the swift advancement and widespread use of ChatGPT highlight the fierce competition for top talent in the AI industry, as tech giants compete to enhance their AI skills.

Other things to look out for this week?

The Generative AI space is getting more tools for AI video programs.

Adobe is developing a generative AI video model for its Firefly family, enhancing its Premiere Pro video editing platform with new tools that will enable users to generate and edit videos using text prompts.

What’s next?

We don’t know but we look forward to sharing it with you soon.

Yours truly,

Mark Savant & The AI Media Team