OpenAI doesn’t struggle with market demand like many other companies, Oliver Jay, OpenAI’s managing director of international strategy, told CNBC’s CONVERGE Live on Thursday.
In contrast, “the biggest challenge right now is converting that enthusiasm into real-life production-ready use cases,” Jay said. And “the gap is artificial intelligence fluency—knowing how to turn these ideas into real business products.”
Jay said it’s complicated because working with big language models is a new paradigm; it’s not software; you have to build guardrails.
Jay also talked about the rapid growth in ChatGPT usage at a two-day live event in Singapore. He added that city-states have the highest per capita use of ChatGPT in the world. And OpenAI last October 2024 announced plans to open an office in Singapore.
Jay said that artificial intelligence presents a unique opportunity for all companies, but especially for companies located in Asia.
He said that, “This is the first time that Asian companies can, potentially, take a leadership role on the world stage; traditionally, you see technology adoption first in Silicon Valley (region in California) and then in Europe; now it may be a company from Asia that will be the most innovative.”
Demand in the market
Oliver Jay also said that the artificial intelligence company has noticed huge demand in the market across all segments.
“It’s a rollercoaster,” he said. “We’re just trying to keep up with demand.”
Unlike other platform changes where software as a service (SAAS) or the cloud is adopted by some people first and some later, in contrast to AI, everyone is adopting rapidly together, says Jay.
Jay mentions the use of ChatGPT by everyone, including consumers, businesses, educators, and developers. “ChatGPT recently surpassed 400 million weekly active users,” he added.
ChatGPT is an AI chatbot developed by San Francisco-based OpenAI that provides human-like answers to inputs using deep learning technology. OpenAI was co-founded in 2015 by SpaceX and Tesla owner Elon Musk and the company’s current CEO, Sam Altman, and is backed by well-known investors—most notably Microsoft.
source: CNBC
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