OpenAI launched ChatGPT in 2022, a conversational AI model that has reshaped business and tech, currently dominating Apple’s app rankings. Experts like Karen Hao warn of its geopolitical influence, while others predict market upheaval. Nvidia’s stock surged 979% post-ChatGPT, part of tech’s collective market growth, raising concerns about an AI bubble.

The rise of ChatGPT has reshaped the stock market, benefiting Nvidia and other tech giants like Microsoft, Apple, and Amazon. These seven companies now make up 35% of the S&P 500’s weight, a significant increase from three years ago. Experts debate the sustainability of this growth and the potential for an AI bubble burst.

Industry leaders caution about a potential AI bubble, with Nvidia’s CEO stating that significant losses are inevitable. Despite concerns, OpenAI’s board chair remains optimistic, likening the AI boom to the dot-com era. The future economic impact of AI remains uncertain, with predictions of transformative value creation similar to the internet’s impact in the past.

Read more at Yahoo Finance: ChatGPT launched three years ago today