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Artificial Intelligence and the Landmark Year of 2023

A commentary about the significance of 2023 in the evolution of AI as it enters the mainstream market.

by George Boretos, Founder & CEO @ FutureUP, published on Startupper

2023 will go down in history as an important milestone in the field of artificial intelligence (AI). With the impressive launch of ChatGPT at the end of 2022 and the explosion of AI applications that followed, AI became widely known and an integral part of our daily lives!


The great success of ChatGPT and Generative AI applications for content creation has led many to believe that artificial intelligence was born in the period 2022-2023. However, AI has already been present in our lives for a long time in many forms, such as the voice recognition performed by Alexa and Siri. Of course, there are a variety of other applications outside the field of language processing and content creation, such as sales forecasting and price optimization systems for businesses (Predictive AI).


What's changed recently is that with a system like ChatGPT we can ask questions about anything naturally and get convincing – though not always correct – answers almost as if we were chatting with a real person! Despite the considerable evolution of AI applications, we are still a long way from achieving artificial intelligence equivalent to human intelligence (General AI). Even ChatGPT, despite its huge success, relies on a complex probability model that suggests the most likely next word or sentence without understanding what it is talking about.   


What is certain is that we have come a long way since the beginnings of AI in the 1950s, and we owe much of it to ChatGPT and Open AI. Not so much for their outstanding technological achievements but more for the role they played in 2023 in spreading AI and the benefits of using it to the mainstream market.


We live in exciting times! 2023 has opened new horizons with the introduction of artificial intelligence practically everywhere, creating a huge opportunity but, also, the responsibility for managing the challenges that accompany the rapid evolution of the field. We look forward to seeing how the dynamic AI sector evolves in the future and to follow the related developments expected in 2024 and beyond!

You can find the original commentary - in Greek - here.


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