OpenAI’s ChatGPT Who Will Benefit from the Hype Around it? Maxim Manturov, Head of Investment Research at Freedom Finance Europe, shares which companies are likely to profit from the increased discussion of AI and its uses. At the World Economic Forum this year, Microsoft CEO Satya Nadella said that Artificial Intelligence (AI) would become “mainstream” in “months, not years”. Now that AI seems to have reached a point where it can permeate any discussion and any sector, and importantly, can be applied to a wide range of enterprise and consumer applications, we can be sure that tech giants will be looking to invest heavily in AI to remain competitive. ChatGPT, a chatbot developed by OpenAI, has taken the internet by storm over the past month. Although it is not smart enough to replace humans yet, the bot can respond to natural language prompts and uses past conversation threads and information on the internet to reply to the user. A few days after its launch, more than a million people were trying out ChatGPT. If an ‘AI wars’ between tech companies does occur in a bid to be the best, industry leaders providing the technology used to produce AI should reap solid benefits – and profits. Potentially even more than Microsoft or other major technology platforms. Finance Monthly. Fron t Cove r Fea t ur e 9
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