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The AI Arms Race Initiated by ChatGPT

The AI Arms Race Initiated by ChatGPT

Recently, we’ve talked a lot about AI: Latest Advancements in AI Technology, The Relationship Between AI and Fintech, Implement AI into Your Business, and more. Now, many believe AI is officially here, kicked off by the arrival of ChatGPT in November, the chatbot designed by Open AI.

When prompted, ChatGPT spits out answers to human-entered questions. These can be anything like, “What are the different species of sharks?” to something a little more dystopian, “How will the world end?” that might seem straight out of a science fiction novel.

Why is ChatGPT switching its model to subscription-based?

Rival companies have already started popping up. For example, Google just announced theirs today. This is no surprise since many had begun calling ChatGPT the “Google killer.” Now, AI companies are in an all-out race to create the most widely used AI chatbot tools of our century.

ChatGPT has become immensely popular in recent months. In fact, some cannot even access the bot due to incredibly long wait times. In talks last week, Open AI said they were “starting to think about how to monetize ChatGPT as one of the ways to ensure the tool’s long-term viability.” One perk to the subscription model is that those who pay for ChatGPT “Professional” will not have to wait long to access the tool.

And while you’re here, don’t forget to view all of APC’s thought-leadership pieces, which cover a range of informational articles for both employers and professionals on topics like resume help, a study on the Great Resignationtop tech hiring trends this year, and more! 

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