The most recent software fad to sweep Silicon Valley was called ChatGPT, and it has investors scrambling to figure out what will be the next big thing in terms of creative artificial intelligence. Some people believe this new breakthrough marks the beginning of a new age in the world of big technology, and they are excited about it.

Despite the fact that artificial intelligence (AI) has been becoming increasingly common in day-to-day life for decades, the introduction of OpenAI's conversational robot in November represented a turning point in the public's and investors' understanding of AI. This was the case even though OpenAI's robot had been in development since November.

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"Every once in a while, brand-new platforms emerge, which, in turn, lead to the establishment of a number of brand-new businesses. This has already occurred with the internet and mobile devices; it is feasible that AI may be the next platform to undergo this transformation." This comment was made by Shernaz Daver, employed by Khosla Ventures in California.

An example of generative artificial intelligence is the chat program ChatGPT. It examines vast amounts of data to generate one-of-a-kind content, such as a picture, a poem, or one thousand essays, in a matter of minutes in response to a simple inquiry. This material may take the form of anything from a single essay to a thousand.

After its soft launch in late November, ChatGPT has emerged as one of the apps with the most rapid expansion rate. Because of this, Microsoft and Google have accelerated the release of projects they had previously guarded closely out of concern that the technology was not yet ready for general use.

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 According to Wayne Hu, a partner at SignalFire, an extra startup financing organization, "within five days of its introduction, a million users were using ChatGPT." This pace of adoption is nearly sixty times faster than that of Facebook.

"So now all of a sudden, speculators are discussing how ChatGPT could eliminate millions of jobs for knowledge workers, disrupt trillion-dollar sectors, and profoundly alter how learners understand, consume, and make choices," he added.

 "ChatGPT has the potential to eliminate millions of jobs for knowledge workers, disrupt trillion-dollar sectors, and profoundly alter how learners understand, consume, and make choices." ChatGPT can significantly alter how students comprehend, absorb information, and make choices.

The introduction of generative AI coincides with a bleak time for the information technology sector, which is witnessing tens of thousands of additional layoffs across the world's top organizations as well as smaller businesses that are battling for their very existence.

 The arrival of generative AI comes at a time when the information technology sector is experiencing a bleak time.

Daver claims that enterprises using generative AI are not seeing a decrease in their valuations or a decline in the number of money obtained, even while other categories are experiencing both of these trends.