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The source for far-reaching market shifts & what they mean

The growing GPT-X economy

6Pages
6Pages Briefs
2 min readApr 29, 2021

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Summary

  • In Mar 2021, OpenAI shared that its API was being used in 300+ applications globally, with tens of thousands of developers building on it. The OpenAI API is serving millions of API calls and generating 4.5B+ words every day, and continuing to scale up.
  • A growing crop of startups are using GPT-3 as the underpinning technology for their entire business — with applications in marketing copy, productivity, customer service, software development, research, gaming, education, and AI-enabled conversations.
  • GPT-3 represents the vanguard of a class of natural-language models that will change how we write and work. In some arenas, text will be the new command line — furthering the push towards low-code/no-code.
  • OpenAI’s relationship with Microsoft will undoubtedly push commercialization forward. Microsoft will incorporate GPT-3 into its Azure AI offerings and suite of productivity tools. With the OpenAI API marking a new breed of AI-as-a-service, cloud customers will be asking for powerful, versatile, pre-trained models out of the box.
  • As the cost per unit of computation declines, in the long run it is all about how massive amounts of computation is used. Computational scale is at the foundation of GPT-3’s “gigantic generalist” approach. There won’t be many players that can compete with the GPT-X family outside of the big cloud giants.

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6Pages
6Pages Briefs

The source for far-reaching market shifts & what they mean.