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On December 1, TechCrunch reported that ChatGPT celebrated its third anniversary of release on November 30 (local time in the U.S.). This chatbot has not only ignited the generative AI market but also sparked debates over a potential bubble. Since its launch, ChatGPT has rapidly amassed a massive user base, with weekly active users now exceeding 800 million and annualized revenue contributions from paid users reaching $13 billion, propelling OpenAI's valuation to over $500 billion. However, some AI executives and market observers believe the industry may be in the midst of a bubble, with individual companies potentially failing. Nevertheless, AI is expected to reshape the economic landscape and create substantial economic value in the future.
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