The November 2022 release of ChatGPT introduced generative artifical intelligence GenAI into the mainstream vocabulary. The rapid adoption of OpenAI’s chatbot epitomised technology’s disruptive nature, amassing a million users within five days. By the start of the new year, the platform had reached 100 million customers, a figure that quickly ballooned to over a billion by the first anniversary of ChatGPT’s launch.
GenAI’s rising popularity emerged as confidence towards other disruptors was fading. Just weeks before ChatGPT captured global headlines, cryptocurrencies had slid to their lowest levels in two years. Bitcoin dropped below the $20,000 mark, holding only a quarter...
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