ChatGPT launched three years ago today

James Cameron, renowned director of films like 'Avatar' and 'Titanic,' has expressed serious concerns about generative AI, labeling it as 'horrifying.' His remarks highlight the potential dangers associated with the rapid advancements in this technology, which he believes could have far-reaching implications for various sectors, including entertainment and beyond.

Code indicates that OpenAI is nearing the introduction of advertisements for ChatGPT, marking a potential shift in its monetization strategy. This development follows a recent leak that confirmed plans for ad integration, which could enhance user experience while generating revenue for the company.

OpenAI is experiencing increased competition three years after the launch of ChatGPT, with Similarweb reporting that users of Google's Gemini engage in longer chat sessions compared to ChatGPT and Claude users. This shift indicates a growing preference for alternative AI models in the market.

New York state has enacted a law requiring businesses that utilize personalized pricing to disclose to customers that their prices are determined by algorithms based on personal data. This legislation aims to enhance transparency in pricing practices.

OpenAI CEO Sam Altman has emphasized the importance of scaling laws in artificial intelligence (AI) development, suggesting that larger models could lead to continuous improvements in AI capabilities. However, historical precedents indicate that such assumptions may not hold true indefinitely, raising questions about the sustainability of AI advancements.

Recent research indicates that large language models (LLMs) may exhibit implicit biases, despite not using overtly biased language. This raises concerns about their reliability and fairness in various applications, as they can infer demographic data and respond accordingly.

Three years after its launch, ChatGPT has significantly influenced the U.S. stock market, particularly the S&P 500, leading to a concentration of investments in Big Tech companies. This AI-driven market shift has been characterized by a surge in interest and investment in artificial intelligence technologies, fundamentally altering trading patterns on Wall Street.

Supabase, an open-source database platform, achieved a valuation of $5 billion after raising $100 million, following a previous $200 million round at a $2 billion valuation. The company has notably turned down lucrative contracts to maintain its commitment to open-source principles and community-driven development.