This is the tale of a billion-dollar market being destroyed by a 45-minute lecture.
Open AI held its inaugural developer conference this past week. There had never been greater expectations for a private technology event, and Open AI lived up to them.
They unveiled the “Turbo,” a new, more intelligent GPT-4 model, which has a number of intriguing features that significantly boost outputs and give developers far more control over their models.
And all the while continuing to control API prices once more.
However, one announcement — the one with the most immediate impact on the AI market — passed by most of the media quickly, despite the fact that it poses a threat to billions in invested capital and an entire startup ecosystem.
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The Significance of Diversion
Not even Open AI was able to forecast it. Not even they anticipated Chat GPT.
Even when you manage to impress yourself
In recent months, we have seen several testimonies from Open AI’s top management, including Ilya Sutskever, Mina Murati, and Sam Altman, asserting that they had no idea Chat GPT would have such widespread access when they first launched the open beta back in November 2022.
After reaching 100 million first-time users in just two months, it was officially the fastest-growing
