As technology advances and changes, it is important to stay up to date in order to remain competitive in the tech industry. Keeping up with the latest trends and advancements is known as “upskilling” and many businesses have taken notice. The introduction of Artificial Intelligence (AI) and ChatGPT has revolutionized the way data is processed and how information is gathered, and it is clear that this is just the start of an entirely new era.
Before the AI revolution, trends in the tech world were being forecast by savvy entrepreneurs and trailblazers who could spot potential. We saw some of these predictions come true with the introduction of the first iPhone in 2007; it amped up the competition in the technology world with its multitude of features and marked a shift to touch screens away from physical hardware.
Today, ChatGPT has become one of the biggest talking points, quickly developing a worldwide fan base. This system was developed by San Francisco research company OpenAI and was backed by Microsoft, LinkedIn co-founder Reid Hoffman and Tesla’s Elon Musk, who personally vouched for the project. Its remarkable features and swift progress generated incredible investor interest, proving that investment in new technology is often worth it.
The AI trend is growing and becoming more pervasive, as cloud service providers like Amazon have now added AI capabilities to their portfolio, marking a large-scale trend. This can come with a downside as many jobs could become obsolete because of a lack of upskilling. Professionals in fields such as journalism, marketing, and PR must stay informed to keep up with changes or else risk being left out.
Spotting trends, making ground-level assessments, and investing in the latest software, hardware, and AI-related projects may seem daunting, but it is the best way to stay ahead of the curve and be ready for the next revolution.
OpenAI is an artificial intelligence research laboratory founded by Elon Musk and other leading researchers. It offers a range of products that focus on research, development, and commercialization of AI technology. The company has had tremendous success since its launch, raising over $1.3 billion in investments and creating an artificial agent that finished in the top 3.7 percent of a Stanford reading comprehension test.
Sam Altman is an American entrepreneur, investor, programmer, and business executive. He is the founder of Y Combinator and former president of the accelerator. He began Y Combinator in 2005, which has since grown to be one of the world’s leading seed accelerators, investing in over 2,000 companies including Dropbox, Airbnb, Stripe, and Reddit. In 2017, Altman joined OpenAI as one of the board members, being one of the earliest investors in the organization.