Mark Cuban, billionaire entrepreneur and TV personality, recently discussed the potential of artificially intelligent (AI) chatbots like Open AI’s ChatGPT. According to the tech mogul, the impact of this technology is “beyond anything [he’s] ever seen in tech”. To explain his point, Cuban compared this technological advancement to HTML – the coding language used for early websites in the 90s. ‘Any kid who learned HTML and built a website for a business was considered a tech genius’, Cuban commented in a tweet.
UBS reported that ChatGPT achieved 100 million monthly active users within two months of its launch, making it the fastest-growing consumer application in history. This has caused many tech companies to pay close attention to AI chatbot technology and consider how to use this new innovation. Cuban suggested that the technology won’t take long to grow in popularity and ‘It will go from being perceived as difficult, to being recognized as being fundamental and used by everyone’, he tweeted.
The tech mogul went on to explain that companies need to be conscious of obtaining the right data and intellectual property for their AI chatbot. Owners of this kind of data or IP will want ‘to get paid’, Cuban said, as companies require a larger langue model (LLM) to get access to a variety of inputs. This could slow down the progress of AI technology and it’s important to recognize the ‘financial impossibility’ of covering every base, Cuban stated.
Open AI is an artificial intelligence work bag and research laboratory created by many of the most talented machine learning experts in the world. Founded in 2015, the company is dedicated to discovering and enacting the positive potentials of artificial intelligence, both for its benefit and to mitigate potential risk. Their mission statement is to “ensuring artificial general intelligence benefits all of humanity”. Open AI is backed by tech giants such as Amazon, Microsoft and NVIDIA and is currently focusing on development of tools like their natural language creator, GPT-3.
Mark Cuban is an American entrepreneur, investor and TV personality best known as the owner of the NBA’s Dallas Mavericks, chairman of AXS TV and one of the principal “shark” investors on the hit ABC show Shark Tank. Cuban began investing in the tech world in the early 2000s and his success has only continued to soar. Since then, Cuban has gone on to become a part of other notable startups such as the webmail service, Yahoo!, the revenue-cycle management software company, Elastica, and the social network, Cyber Dust. Cuban has also been active in speaking about the potential of artificial intelligence and recently shared his views on how companies will be able to use this new technology.
