How AI is fundamentally altering the business landscape
Over the past year, we’ve witnessed dramatic strides in AI development and huge shifts in public perceptions of the technology. Chatbots like OpenAI’s ChatGPT and LLMs like GPT-4 have demonstrated remarkable abilities to communicate fluently and perform at or near the highest level on a broad range of cognitive assessments. Companies that are integral to the AI ecosystem (like Nvidia) have seen their market caps soar. Talk of an AI arms race among tech giants like Google and Microsoft is ubiquitous.