{"id":168204,"date":"2025-11-30T21:40:07","date_gmt":"2025-11-30T21:40:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/168204\/"},"modified":"2025-11-30T21:40:07","modified_gmt":"2025-11-30T21:40:07","slug":"chatgpt-launched-three-years-ago-today","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/168204\/","title":{"rendered":"ChatGPT launched three years ago today"},"content":{"rendered":"

On November 30, 2022, OpenAI introduced a new product to the world, innocuously describing it<\/a> as \u201ca model called ChatGPT which interacts in a conversational way.\u201d<\/p>\n

It\u2019s no hyperbole to suggest that ChatGPT subsequently transformed the worlds of business and tech, becoming enormously popular \u2014 it\u2019s still in the number one spot on Apple\u2019s free app rankings today \u2014 while also serving as the catalyst for a flood of generative AI products.<\/p>\n

It\u2019s even made people suspicious of the em dash<\/a>, which no chatbot will ever take from me.<\/p>\n

In fact, \u201cEmpire of AI\u201d author Karen Hao argued in a recent interview with TechCrunch<\/a> that OpenAI has \u201calready grown more powerful than pretty much any nation-state in the world,\u201d and is now \u201crewiring our geopolitics, all of our lives.\u201d<\/p>\n

There may be even more dramatic changes to come. Charlie Warzel wrote in The Atlantic<\/a> that we are now living in \u201cthe world ChatGPT built,\u201d which is \u201cdefined by a particular type of precarity\u201d and is \u201cperpetually waiting for a shoe to drop.\u201d<\/p>\n

\u201cYoung generations feel this instability acutely as they prepare to graduate into a workforce about which they are cautioned that there may be no predictable path to a career,\u201d Warzel said. \u201cOlder generations, too, are told that the future might be unrecognizable, that the marketable skills they\u2019ve honed may not be relevant.\u201d<\/p>\n

Of course, others feel more optimistic about an AI-centric future, and indeed are positioned to profit from it handsomely. But in Warzel\u2019s telling, the AI boosters and investors are waiting along with everyone else \u2014 waiting to see if their bets pay off, but also waiting \u201cbecause a defining feature of generative AI, according to its true believers, is that it is never in its final form.\u201d<\/p>\n

Techcrunch event<\/p>\n

\n\t\t\t\t\t\t\t\t\tSan Francisco
\n\t\t\t\t\t\t\t\t\t\t\t\t\t|
\n\t\t\t\t\t\t\t\t\t\t\t\t\tOctober 13-15, 2026\n\t\t\t\t\t\t\t<\/p>\n

Meanwhile, Bloomberg took a more focused look at how ChatGPT has transformed the stock market<\/a>. The most obvious winner so far has been Nvidia, with its stock up 979% since the chatbot launched. But AI fever has also buoyed other Big Tech companies, with the seven most valuable companies on the S&P 500 \u2014 Nvidia, Microsoft, Apple, Alphabet, Amazon, Meta, and Broadcom \u2014 all tied to tech, and with their collective growth accounting for nearly half of the benchmark\u2019s 64% increase since ChatGPT was launched.<\/p>\n

This has made for a more top-heavy market. The S&P 500 is weighted based on market capitalization, and those same seven companies now account for 35% of the weighting, compared to around 20% three years ago.<\/p>\n

How long will this growth last? With the notable exception of Nvidia CEO Jensen Huang<\/a>, it\u2019s become increasingly common for AI executives to acknowledge that we might be in a bubble (or if you prefer, a \u201cmania\u201d<\/a>).<\/p>\n

\u00a0\u201cSomeone is going to lose a phenomenal amount of money in AI,\u201d OpenAI CEO Sam Altman said in August, at a dinner with journalists<\/a>.<\/p>\n

Similarly, Sierra CEO and OpenAI board chair Bret Taylor agreed<\/a> we are \u201cin a bubble\u201d that he compared it to the dot-com boom of the late \u201890s. While individual companies might fail, he predicted, \u201cAI will transform the economy, and I think it will, like the internet, create huge amounts of economic value in the future.\u201d<\/p>\n

In another three years \u2014 or less \u2014 we might know whether that optimism was warranted.<\/p>\n","protected":false},"excerpt":{"rendered":"On November 30, 2022, OpenAI introduced a new product to the world, innocuously describing it as \u201ca model…\n","protected":false},"author":2,"featured_media":6519,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,219,2670,61,60,1682,80],"class_list":{"0":"post-168204","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-chatgpt","12":"tag-ie","13":"tag-ireland","14":"tag-openai","15":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/168204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=168204"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/168204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/6519"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=168204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=168204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=168204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}