VentureBeat March 16, 2025
Gary Grossman, Edelman

AI has evolved at an astonishing pace. What seemed like science fiction just a few years ago is now an undeniable reality. Back in 2017, my firm launched an AI Center of Excellence. AI was certainly getting better at predictive analytics and many machine learning (ML) algorithms were being used for voice recognition, spam detection, spell checking (and other applications) — but it was early. We believed then that we were only in the first inning of the AI game.

The arrival of GPT-3 and especially GPT 3.5 — which was tuned for conversational use and served as the basis for the first ChatGPT in November 2022 — was a dramatic turning point, now forever remembered as the “ChatGPT moment.”...

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