AI models will become smaller and faster

By Abby Bertics

Interest in artificial intelligence (AI) reached fever pitch in 2023. In the six months after OpenAI’s launch in November 2022 of ChatGPT, the internet’s most famed and effective chatbot, the topic “artificial intelligence” nearly quadrupled in popularity on Google’s search engine. By August 2023, one third of respondents to the latest McKinsey Global Survey said their organisations were using generative ai in at least one capacity.