Six Words To Focus Your AI Innovation Strategy: Think Big, Start Small, Learn Fast

AI is having quite a moment. One high profile AI app, ChatGPT, has become the fastest growing consumer app in history. It garnered over a million users in its first five days and hit one 100 million active users in just two months. That’s faster than TikTok, which took nine months to reach the same mark, and Instagram, which took 2.5 years.

ChatGPT is one of many recently launched applications using machine learning techniques to identify patterns from very large data sets in order to generate new content.

As its name implies, ChatGPT uses a text-message-like user interface to ‘chat’ with the user. It can generate and tune intelligible (though not always correct) responses to seemingly any prompt, and it can do so in the form of essays, jokes, poetry, recipes, and even computer code in response to user direction. Other apps can generate content in video, art and audio form.

The race is on to leverage the underlying AI platforms, tools and techniques in a wide range of consumer and industrial applications.

Microsoft has invested $10 Billion in OpenAI, ChapGPT’s developer, in hopes of using ChatGPT to help free it from its laggard status in the very lucrative business of Internet search.