ChatGPT

A Future Prognosis

Athena @ Shaping Tomorrow

27 July 2024
Introduction
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Contents
User Guide
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Sources
RSS Feeds
Twitter Searches
Web Searches
Twitter Feeds
World Outlook
Main factors that cause something to happen globally
If 2023 was the year of ChatGPT, then 2024 will be the year when the world recovers from the shock of generative AI and takes stock of what the technology offers. The Guardian
ChatGPT, personal recommendations on Netflix and a virtual assistant like Siri or Alexa: it is already hard to imagine a world without AI. Tech Xplore
While the proposed AI Act is yet to be ratified by member states and will not come into force until at least in 2025, it is set to be the world's first comprehensive laws regulating artificial intelligence, governing the use of technologies such as facial recognition and ChatGPT. THIIS Magazine
Global regions, coloured according to number of forecasts
SWOT
Strengths
  • ChatGPT Enterprise, which had 600,000+ users in April, has been going strong with teams across sectors like consulting, finance, marketing and sales adopting it for knowledge work. VentureBeat
  • A simple ChatGPT query takes three to 36 times more energy than a similar Google search, reinforcing the impact AI innovations will have on one part of the infrastructure value chain. Brookfield
  • A group of OpenAI's current and former workers is calling on the ChatGPT-maker and other artificial intelligence companies to protect employees who flag safety risks about AI technology. The Washington Post
Weaknesses
  • Apple's AI rollout has sparked data privacy concerns, particularly with regards to the safety of users' personal data that will be sent to ChatGPT. Lexology
  • More than a year ago, a new wave of generative AI like OpenAI's ChatGPT provoked regulatory concern as it became clear the technology had the potential to disrupt the global economy. Las Vegas Sun
  • While Americans worry about whether AI and ChatGPT will enable students to cheat on their term papers or generate deep-fake videos of President Biden or Donald Trump, China has been steadily moving ahead with its own plan for this advanced digital technology. Commentary Magazine
Opportunities
  • OpenAI has announced SearchGPT, a new AI-powered search engine that will eventually integrate with ChatGPT. Mashable India
  • OpenAI has shared that GPT-4o's new Voice Mode will be available in alpha next week for paid ChatGPT Plus subscribers. Mashable India
  • There is ongoing debate about whether ChatGPT will replace the Google Search Engine. Simform
Threats
  • Even though some security experts predict phishing attackers will decrease their efforts, they are likely to ramp up again in 2023 and 2024 to include CHATGPT-3 AI-powered attacks.
  • OpenAI could lose as much as $5 billion in 2024 due to the massive costs of running AI products like ChatGPT - and likely needs to raise more money within the next 12 months. New York Post
  • Tech advances fueled by generative A.I. such as ChatGPT could affect approximately 300 million jobs worldwide over the next decade, and that around two-thirds of US occupations are vulnerable. The University of Chicago Booth School of Business
Influencers
Countries
Cities
People
Organizations
S-Curve

A framework that describes a 4-phase level of maturity to help determine potential and inform innovation strategy.

Weak
artificial intelligence, humanoid, literature, quantum
Emerging
artificial intelligence, application, company, app, Web, actor
Maturing
economy, organization
Declining
IT, agriculture
Sentiment
Past Year: Stable
Compare changing sentiment to a benchmark of all forecasts
If 2023 was the year of ChatGPT, then 2024 will be the year when the world recovers from the shock of generative AI and takes stock of what the technology offers. The Guardian
Experts across the world have been warning about the role of tools like ChatGPT will have in fabricating fake news and influencing public opinion during the biggest election year in history. TechRadar
PEST
Political
  • GPT-4o will be accessible to all ChatGPT users, with paid subscribers having access to five times the rate limits of free users. Ars Technica
  • LAS VEGAS-Volkswagen will integrate ChatGPT into its vehicles in the second quarter of 2024, making it the first large car manufacturer to offer it as a standard feature. PCMAG
  • With DePINs, there's potential for the emergence of decentralized equivalents to Uber or Airbnb and democratic alternatives to platforms like ChatGPT, which are fueled and owned by their contributors. Metaverse Post
Economic
  • ChatGPT has an estimated monthly 80 million dollars in revenue in 2023 with a projected total annual revenue of 1 billion dollars by 2024. JUST Creative
  • OpenAI, the company that created ChatGPT, predicted $200 million in revenues by 2023 and $1 billion by 2024. SuccessPixel
  • Speculation suggests a possible partnership with OpenAI to integrate ChatGPT, which could make Siri more intelligent and capable. TechRadar
Social
  • In the age of ChatGPT, regional social nuances across Europe will start to disappear. Wired
  • Privacy protections are built in for users who access ChatGPT - their IP addresses are obscured, and OpenAI will not store requests. FirstPost
  • Paid users will now be able to directly upload files to ChatGPT from Google and Microsoft's cloud storage. Gadgets 360
Technological
  • Amazon is reportedly working on its own AI chatbot, codenamed Metis, that will operate in a similar vein to ChatGPT. TechRadar
  • Global energy demand from data centers could double by 2026, as generative AI spreads widely (a ChatGPT query uses some 10 times more electricity than a Google search). UNDP
  • The semiconductor industry is expected to enjoy a major boost as technology companies around the world race to develop generative AI, such as ChatGPT.
Financial Impact
2023 venture investment in generative AI companies will exceed 2022's level of $4.5 billion due in part to Microsoft's recent $10 billion investment in OpenAI, the startup behind ChatGPT. Forbes
OpenAI's revenue is expected to reach $200 million by 2023 and $1 billion by 2024, mainly driven by ChatGPT. Bloggingio
ChatGPT and AI could be worth $150 billion in value to Microsoft alone. Insider
Click on the dots or the lines to see the connections
System Map
Organizations
Sectors
Cities
Countries
People
Scenarios
Creates plausible alternative futures of what can happen and encourages development of a robust, agile response
While the world focuses on the AI arms race fueled by cloud-based behemoths like ChatGPT and PaLM, Apple might be brewing a quieter revolution within the confines of its sleek devices. GizChina Media
The UK, the US, and India - the world's most populous nation - are just three of the countries set to hold elections in 2024, each for the first time since powerful generative AI tools like ChatGPT and Midjourney went mainstream. Sky News
The datasphere - all the data that exists in the world - will explode as a function of metadata created by AI such as ChatGPT. Morningstar UK
Warnings
Changing proportion of published forecasts
ChatGPT declares that three years later in 2073, the world is almost entirely vegan, foreshadowing the animal agriculture industry completely collapsing in 2075, and any animal-related farming being obsolete. Plant Based News
Goldman Sachs economists put out a report in late November that AI platforms such as ChatGPT could eventually displace 300 million jobs around the globe - mostly professional jobs such as lawyers, accountants and administrative professionals. The Messenger
Solutions
Know how others are tackling issues with this topic
There is a fear of missing out among companies, S&P Global argues - that they might adopt too late what turns out to be a foundationally transformative technology - that is helping drive ChatGPT's rapid uptake. Engadget
There is a fear of missing out among companies, S&P Global argues - that they might adopt too late what turns out to be a foundationally transformative technology - that is helping drive ChatGPT's rapid uptake. Engadget
The advent of generative AI, which includes chatbots such as OpenAI's ChatGPT and Google's Bard, has triggered concern that the technology could replace jobs, leading governments around the world to scramble to understand AI tools and respond. The Washington Post
Key topics
Extremes
Investigate what’s transforming or collapsing
ChatGPT could ultimately replace Google's search engine, which powers one of the biggest digital ad businesses in the world. Vox
Now Nasa engineers say they are developing their own ChatGPT-style interface that could ultimately allow astronauts to talk to their spacecraft and mission controllers to converse with artificial intelligence-powered robots exploring distant planets and moons. The Guardian
Ultimately, Gildenberg said AI innovations like ChatGPT will continue to be a big deal as the world becomes more digital. Modern Retail
What's Next
Changing proportion of material mentioning future years
Tech advances fueled by generative A.I. such as ChatGPT could affect approximately 300 million jobs worldwide over the next decade. The University of Chicago Booth School of Business
At present, ChatGPT can not replace experienced networking professionals for even slightly complex issues, but it would not be alarmist to suggest that it might result in the obsolescence of many subreddits and Stack Overflow threads in the coming years. VentureBeat
Questions
Can?
Can ChatGPT replace search engines, or is it merely an alternative? Data Science in your pocket
Can ChatGPT do my job? AJMC
How can traders use ChatGPT to create and test their own trading strategies? Quantified Strategies
How?
How could Apple and ChatGPT's new AI partnership disrupt Meta & Google? [SMK] Social Media Knowledge
How will the emergence of ChatGPT and other forms of artificial intelligence affect the skill premium? NBER
How can law firms best find a new approach to lawyer training and professional development as ChatGPT and other forms of generative AI dramatically alter the landscape? Thomson Reuters Institute
Who?
LLMs such as OpenAI's GPT-4, Google's Gemini, and Anthropic's Claude have become very popular among the general internet audience, especially when consumed via easy-to-use interfaces like ChatGPT for getting fast answers to queries such as Who is the first president of the U.S.? Dataversity
Who are the major competitors to ChatGPT in China? China Briefing News
What?
How are generative AI technologies such as ChatGPT disrupting what it means to own one's work? Harvard Gazette
ChatGPT, what are some advantages and disadvantages of solar energy? Richard Campbell
What are customers seeing as security challenges in the new world of ChatGPT / Gen AI? Digital Insurance
When?
We hate when humans act like robots, so could artificial intelligence-based innovations like ChatGPT really provide customer service in a call center? The Financial Brand
For all of the hype around generative AI, when will consumers have a ChatGPT-like service within their financial services website and mobile app? Forbes
What ChatGPT means for developers - Will ChatGPT replace software developers, or will it make their jobs more enjoyable by doing the heavy lifting when it comes to writing boilerplate code, debugging and testing? Information Age
Will?
Will ChatGPT make the already troubling income and wealth inequality in the US and many other countries even worse, or could it in fact provide a much-needed boost to productivity? MIT Technology Review
AI moves Apple can make at WWDC to leapfrog the competition | ZDNET >> Will Siri Become More Like ChatGPT? Futureseek Link Digest
OpenAI and Reddit's data partnership, will Google's AI plays help them catch ChatGPT, and what's next for Microsoft? Podtail
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