ChatGPT will not follow the boom and bust cycle of the 2000 dot-coms and current crypto bankruptcies say a venture capitalist and CEO who explain that investors are more sophisticates and wary.
Das sees a strong pipeline of investment opportunities,, the software that will train AI to become better. He expects to see "hockey stick" growth in Series A and B funding in a year or so, adding it may take another 6 to 8 years before one of those companies goes public.
"I wouldn’t be surprised if you have a few that jump out, including ChatGPT. If they can get that kind of valuation [$29 billion] in the public marketplace you might see it because they’re going to have to continue to raise capital to evolve the technology and that’s a way to do it."Michael Burton-Straub, left, and Declan Lewis attempt to"Find the Bot" in Donnie Piercey's class at Stonewall Elementary in Lexington, Ky., Monday, Feb. 6, 2023.
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