There are a number of inventions that have changed everything in a moment and defined periods of time in human history.
The atomic bomb ruled decades of foreign policy, ended what was arguably the largest war and still influences the modern political landscape. It is so important to modern society that it is integrated into almost every aspect of life. The world may be on the cusp of the next big thing.
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OpenAI is a startup that is launching the next generation of artificial intelligence AI Founded by Tesla Inc. CEO Elon Musk, OpenAI CEO Sam Altman and other high-profile investors, the company recently released ChatGPT, a product that will likely have broad implications going forward.
ChatGPT is simple on the surface because it is set up as a normal chatbot. It is probably the most advanced chatbot ever to hit the market and was created by scraping years of data from thousands of websites and analyzing the data to provide thorough and conversational-sounding answers.
The bot can write poetry, answer complicated questions that are reserved for professionals and understand questions, and respond to commands like Proofread this story and make it sound happier. Read Also: Illegal For 79 Years, This Loophole lets Regular Americans Invest Alongside Silicon Valley Insiders.
Since the invention of Alphabet Inc.'s GOOGL Google in its infancy, the bot is likely to be one of the most valuable resources and will continue to improve as people interact with it.
If you are wondering how you can invest in this, you can't. OpenAI is not publicly traded. There are other ways to invest in emerging tech like this. Hundreds of startups on portals like StartEngine are raising funds at any given time, and many are pioneering the next generation of AI. Because StartEngine has equity stake in every startup on its platform, you can benefit from it every time these startups raise money through their platform or browse their site for AI-based investments and invest in them individually.
Big names like Microsoft and Alphabet are working on the project and have a number of AI-based systems of their own.
It can be a lucrative way to invest in things like AI. As they grow in prominence, you don't need to rely on growth in other areas of their business. If you wanted to invest in virtual reality, Meta would probably be your best bet, but declining profits in other areas have resulted in stock declines. It's possible to place bets on bullish industries as a result of the fact that startups can be a pure bet on an industry.
Despite its current bugs, OpenAI's ChatGPT is a game-changing technology. As technology becomes more prevalent in modern society, it will continue to shape the economic landscape as we know it.
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