The three-year anniversary of ChatGPT’s release is on Sunday, with a significant impact on investors and the corporate world. Stock prices have soared, workflows have changed, and staffing needs have been altered. The economy has shifted to a K-shaped state, with a widening divide between financial haves and have-nots.

In October 2022, the S&P 500 hit its lowest point post-COVID sell-off, falling 25% from its record high. By November 2022, OpenAI released ChatGPT, leading to a market turnaround. Tech stocks like Nvidia, Meta, and Apple experienced significant drops in 2022, setting the stage for doubt in the market’s bull run.

OpenAI, valued at $14 billion 18 months before ChatGPT’s release, is now worth $500 billion. The company’s six-sentence announcement about ChatGPT highlighted its conversational capabilities. Less than 20 companies in the world are worth more than OpenAI, showcasing its rapid growth and impact.

Read more at Yahoo Finance: ChatGPT was unveiled 3 years ago, kicking off the AI revolution. For investors, it did even more.