How ChatGPT Broke the AI Hype Cycle

According to the Gartner hype cycle, the least amount of time a product takes to hit the'plateau' of expectations is two years. The hot chatbot has shattered all records of a product lifecycle, going through all stages of the cycle within 3 months. Launched in November-end last year, ChatGPT has already been through the innovation trigger, inflated expectations, disillusionment, enlightenment, and is now reaching a mature period of measured expectations, leading to industry adoption. A contributing factor to this might be the bot's meteoric growth, which scaled to 10 million users within 40 days. For contrast, Instagram took almost a year to reach the same milestone.