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In January 2023, ChatGPT, the now ubiquitous chatbot from OpenAI, reached 100 million active monthly users, outpacing TikTok by seven months as the fastest platform to reach this milestone.
The chatbot’s ubiquitous presence and popularity have renewed a decades-long debate about the potential impact of artificial intelligence (AI).
Google search trends for AI have soared since the service launched, and companies are rushing to lap up domains from Anguilla, population 15,000, looking to benefit from its .ai domain registration.
At the same time, investors are pouring money into generative AI startups, hoping to catch lightning in a bottle and capitalize on this technology to find the next big tech breakthrough. As one AI investor recently told the New York Times, “We’re in that phase of the market where it’s, like, let 1,000 flowers bloom.”
