It’s not your imagination: AI is speeding up the pace of change
SMRTR summary
AI adoption is accelerating at an unprecedented pace, outstripping previous tech revolutions. Mary Meeker's 340-page report highlights the rapid development, spending, and usage of AI, backed by extensive data. ChatGPT reached 800 million users in 17 months, while AI usage costs have dropped 99% in two years. The speed of innovation and competition in AI is unparalleled, though financial returns remain uncertain due to massive infrastructure investments.
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