OpenAI Hype Cycle
Last year, Gartner, in its AI Hype Cycle report, predicted that foundational models (GPT-3.5, LaMDA, PaLM, BERT, etc.) would take about five to ten years before it touches the final stage of mainstream adoption. But, one company shattered them all – OpenAI.
After the launch of ChatGPT (built on the foundational model GPT-3.5) at November-end last year, it took the company only three months to break all records of a product lifecycle. It is pushing tech giants, including Google, Baidu, Amazon, Meta and others, to catch up as quickly as possible, alongside the creation of ChatGPT clones and alternatives.
Check out the infographics below:
In such a short span, ChatGPT has already been through the cycle, including emergence, adoption and dispersion, and is now reaching a mature phase of measured expectations, leading to mainstream industry adoption and the next wave of product development and experimentation. A contributing factor to this might be the bot’s meteoric growth, which scaled to 100 million users within 60 days as of January 29, 2023.
Gartner Hype Cycle explains this best. The hype cycle is a concept created by research firm Gartner to showcase the relationship between time, the maturity of technologies and the expectations associated with it. The cycle generally progresses through five phases before reaching mainstream adoption.
Delve deeper into these phases here.
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