Generative AI, Explained – Global X ETFs

It's not often we see technologies gain exponential adoption and attention in a very short time frame the same way OpenAI's ChatGPT has since late 2022. ChatGPT is estimated to have reached 100 million users in just two months.1 It took Netflix 10 years to reach 100 million users; six and half years for Google Translate; roughly two and a half years for Instagram; and about nine months for TikTok.2,3 Generative artificial intelligence (AI) is a rapidly evolving field that has the potential to revolutionize many industries. This powerful technology uses deep learning algorithms to create new and original content, ranging from text and images to music and 3D models.