Just gave a university talk on my work in this area, just reading this. Below just an intro. Read the whole thing.
Exploring opportunities in the generative AI value chain
This article is a collaborative effort by Tobias Härlin, Gardar Björnsson Rova, Alex Singla, Oleg Sokolov, and Alex Sukharevsky, representing views from McKinsey Digital.
April 26, 2023 | Article
Generative AI is giving rise to an entire ecosystem, from hardware providers to application builders, that will help bring its potential for business to fruition.
Over the course of 2022 and early 2023, tech innovators unleashed generative AI en masse, dazzling business leaders, investors, and society at large with the technology’s ability to create entirely new and seemingly human-made text and images.
The response was unprecedented.
In just five days, one million users flocked to ChatGPT, OpenAI’s generative AI language model that creates original content in response to user prompts. It took Apple more than two months to reach the same level of adoption for its iPhone. Facebook had to wait ten months and Netflix more than three years to build the same user base.
And ChatGPT isn’t alone in the generative AI industry. Stability AI’s Stable Diffusion, which can generate images based on text descriptions, garnered more than 30,000 stars on GitHub within 90 days of its release—eight times faster than any previous package.1
This flurry of excitement isn’t just organizations kicking the tires. Generative AI use cases are already taking flight across industries. Financial services giant Morgan Stanley is testing the technology to help its financial advisers better leverage insights from the firm’s more than 100,000 research reports.2 The government of Iceland has partnered with OpenAI in its efforts to preserve the endangered Icelandic language.3 Salesforce has integrated the technology into its popular customer-relationship-management (CRM) platform.4 .... '
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