When ChatGPT launched as an experimental prototype in late 2022, OpenAI’s chatbot quickly became an everyday app for hundreds of millions of people, according to MIT Technology Review. The release transformed the tech industry landscape as companies positioned large language models like ChatGPT as the new future of technology.
According to MIT Technology Review, the entire tech industry became consumed by what the publication described as an “inferno,” with companies racing to develop rival products in response to ChatGPT’s rapid adoption. The launch marked a pivotal moment that accelerated competition in the generative AI space across the technology sector.