Wednesday, 18 October 2023

Is OpenAI (ChatGPT) witnessing a 3-fold surge in valuation in just one year, signaling an AI bubble?

Investor’s Diary – OpenAI (ChatGPT): Is AI a Bubble with Valuations Tripling in One Year?

This week, the AI industry has seen several significant developments, particularly with OpenAI/ChatGPT’s valuation skyrocketing by two-fold. But the question remains: Is AI just a bubble? Let’s explore a few observations regarding this matter.

Timecodes:
0:00 – Introduction
0:22 – OpenAI/ChatGPT’s valuation doubles
2:30 – Rapid growth of paying users for ChatGPT, but overall traffic decline
3:29 – The AI hype and winter
5:28 – Two historical AI winters
8:19 – Is this the third AI winter?
10:41 – Summary

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#OpenAI #ChatGPT #Microsoft #Amazon #meta
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