ChatGPT is just the tip of the generative AI iceberg

ChatGPT is just the tip of the generative AI iceberg
  • Home
  • Articles
  • ChatGPT is just the tip of the generative AI iceberg

As OpenAI’s ChatGPT goes viral and “generative AI” becomes a popular buzzword in the business world, many venture capitalists are anxious to join in on the craze. 

Generative AIs for content creation, marketing, design, education, and healthcare are released rapidly. For many investors, that’s a good thing as they believe that generative AI can become as ubiquitous as the cloud or the internet.

Grace Isford, a partner at venture capitalist Lux Capital, said that there is plenty more to come.

“We’re at an exciting inflection point for AI — we’re just at the tip of the iceberg for the many vertical uses cases for large language models beyond the creative industries to spaces like biology, manufacturing, and healthcare,” Isford said. 

“We’ll likely get to the point where AI will be seamlessly integrated into daily workflows.”

Signal Fire partner Josh Constine added that investors are confident their bets in generative AI will pay off. 

“We’re already seeing traditional businesses transformed by the breadth and efficiency of generative AI.”

But down the line, there’s a risk that ChatGPT would lose its luster. Not all generative AI companies have longevity, and not all sectors have problems that generative AI can solve.

Regulation would also be a problem. How can we prevent false information from being released and keep criminals or terrorists from misusing platforms as big as ChatGPT? No one, not even its founder Sam Altman had offered any solution. 

As the World Economic Forum highlighted, “It’s still early days for generative AI, and there will still be more new use cases companies will come up with for the technology.”

This means we would all have to witness more companies creating new ChatGPT-inspired platforms to garner support and attention in the next few years.

Read more here.

Start your
journey today

  • Independent
  • Secure
  • Transparent

Access fantastic talent at world-leading prices

Scale your business fast while reducing costs —
the average all-in employment costs in the
Philippines are typically 70% less than its
Western counterparts

Philippines United Kingdom Australia United States
Software Developer
HR Manager
Team Leader
Copy Writer
Customer Service
Virtual Assistance
Select a role to view salaries
Philippines $7,221
United Kingdom $39,913
Australia $62,653
United States $81,994

Avoid guesswork. Talk to the experts, free.

Get 3 free quotes

You can save 70% on staff costs, whilst driving quality & growth. Connect with an outsourcing expert to see how outsourcing can transform your business.

Why choose us?
  • Independent and unrivalled expertise
  • We carefully match you from 2,300+ leading suppliers
  • Access to Outsourcing Savings Calculator & Report

Get Started

How many staff to outsource?

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO).

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between world-leading outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 450+ podcast episodes, and a comprehensive directory with 3,900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.