It is no secret that automation has increasingly displaced manual labor, particularly because of COVID-19 and businesses' drive for efficiency. This statistic just clarifies the fact that 47% of international firms have used AI in the IT industry. 

• With its many skills ranging from coding to essay writing, ChatGPT captivates social media. 
• Learn the inside scoop on OpenAI, from its groundbreaking technology to its founding by well-known Silicon Valley figures like Elon Musk. 

When ChatGPT's early demo from OpenAI was made available in December, the conversational chatbot swiftly gained popularity online. 

ChatGPT 

People used social media to post samples of ChatGPT's varied capabilities, which range from casual conversation to essay writing and coding, and within five days the chatbot had amassed over one million users. 

It was developed by an artificial intelligence business that was previously financed by some of Silicon Valley's top names and is now supported by Microsoft. 

At the 2015 Vanity Fair New Establishment Summit, Elon Musk and Sam Altman, the president of Y Combinator, spoke live on stage. Vanity Fair/Michael Kovac/Getty Images 

In 2015, the project received a $1 billion donation from Musk, Altman, and other notable figures from Silicon Valley, including Peter Thiel and LinkedIn cofounder Reid Hoffman. 

The group planned to build a charity focused on creating artificial intelligence "in the way that is most likely to benefit humanity as a whole," according to a statement on OpenAI's website from December 11, 2015. 

The "greatest existential threat" to humanity, according to Musk at the time, was AI. 

Musk is hardly the only person to warn about the dangers that AI may pose. Stephen Hawking issued a dire warning about the potential extinction of humanity in 2014. 

"It's hard to envision how much human-level AI may benefit civilization, and it's equally hard to think how much it could hurt society if constructed or utilized wrong," says a statement announcing the creation of Open AI. 

The company OpenAI delivered two products throughout the ensuing year. 

Gym, a platform that allows academics to create and contrast reinforcement learning systems, was introduced by the business in 2016. These platforms train AI to make choices that will yield the highest overall returns. 

Universe, a toolbox for training intelligent agents across websites and gaming platforms, was also launched by OpenAI in that same year. 

Three years after assisting in the company's founding, Musk left the board of directors of OpenAI in 2018. 

The Tesla CEO resigned, the company claimed in a 2018 blog post, in order to "avoid potential future conflict" brought on by the automaker's emphasis on AI. 

The business also stated that Musk would keep making donations to the charity. 

For years, Musk has been discussing his aspirations to make electric cars autonomous with Tesla investors. 

Later, Musk said that the reason for his departure was that he "didn't agree with some of what the OpenAI team wanted to do." 

Adding that he hadn't been active with the business for "over a year," the billionaire claimed on Twitter in 2019 that Tesla and OpenAI were vying for some of the same staff. 

Sum it all up, and he concluded that it was preferable to split ways amicably. 

In subsequent years, Musk has continued to be critical of OpenAI. 

When it comes to safety, Musk stated on Twitter in 2020 that he had "not great confidence" in the corporation. 

"OpenAI should be more open Imo," the billionaire tweeted in response to an inquiry into the business by MIT Technology Review. 

The journal said that despite the nonprofit's purported commitment to transparency, an examination into OpenAI found a culture of concealment. 

More recently, Musk claimed that he has stopped OpenAI from using Twitter's database for training purposes. 

He wrote on Twitter on Sunday, "Need to understand more about governance structure & revenue strategies going forward. "OpenAI began as an open-source and non-profit project. Both no longer hold true. 

The business created an AI tool in 2019 that could fabricate news stories. 

OpenAI first claimed that they decided not to release the bot because it was so adept at creating false news. Later that year, the business released GPT-2, a new iteration of the AI tool. 

In 2020, the business unveiled GPT-3, another chatbot. 

In the same year, OpenAI lost its nonprofit designation. 

In a blog post, the business declared that it was now a "capped profit" firm. 

No pre-existing legal structure that we are aware of achieves the correct balance between increasing our ability to acquire cash and continuing to carry out our objective, the business claimed. "Our approach is to establish OpenAI LP as a for-profit/nonprofit hybrid firm, which we are referring to as a 'capped profit' corporation." 

Investors in OpenAI might make up to 100 times their initial investment under the new profit structure, but nothing more. The leftover funds would be used for charitable endeavors. 

By the end of 2019, OpenAI declared a cooperation with Microsoft. 

Microsoft made a $1 billion investment in the AI startup, and OpenAI announced that it would exclusively license its technology to Microsoft. 

Microsoft stated in a blog post that the GPT-3 model has tremendous commercial and creative potential, with genuinely innovative capabilities, the majority of which we haven't even considered yet. 

The possibilities, it said, "are limited only by the ideas and scenarios that we bring to the table," including "directly assisting human creativity and ingenuity in areas like writing and composition, describing and summarizing large blocks of long-form data (including code), and converting natural language to another language. 

Microsoft can now compete with Google's DeepMind AI business thanks to the alliance. 

The business released an AI art generator in 2021. 

Based on descriptions of the photographs, the AI system Dall-E can produce realistic visuals and even original artwork. 

In November, the business unveiled an improved version of the application. 

Although OpenAI's chatbot has gained popularity in recent months, an improved version of the program might be available before the end of the year. 

The sample chatbot for OpenAI's GPT-3.5 was made available on November 30. Next, the business intends to release a complete GPT-4. 

Musk is still making comments in the meantime. 

Musk tweeted in response to a post by Altman, "We are not far from dangerously strong AI. 

He referred to ChatGPT as "scary good." 

Also, other business owners have taken notice. Google issued a "code red" alert on the chatbot in December. 

The CEO of Google and its parent company, Alphabet, Sundar Pichai, has taken part in a few meetings centered on Google's AI strategy since the most recent ChatGPT release in response to the threat the chatbot poses to the company's search engine, according to a December article in The New York Times. 

According to a January article in The Times, the business enlisted the assistance of Google cofounders Larry Page and Sergey Brin to help resolve the problem. The Information had previously reported that Microsoft intended to use ChatGPT to power Bing, its own search engine. 

Microsoft reportedly intends to invest $10 billion in OpenAi over the following few years, according to news reports from January. 

Microsoft announced last week that it was investing "multiyear, multibillion-dollars" in OpenAI. The transaction was estimated to be worth roughly $10 billion in previous reports by Bloomberg and the news website Semafor. 

According to Semafor, who cited sources with knowledge of the situation, Microsoft would receive 75% of OpenAI's profits up until the investment was repaid, and a 49% stake thereafter. 

Conclusion  

Even more food for thought comes from the experts' forecast, which predicts that the market for AI technologies will expand globally. So, we think the most popular trend in the software development market is developing unique AI solutions. Based on that conviction, we want to update you on this issue and provide your company with a great chance to succeed.