Monday, June 5, 2023

 AI Chat GPT and where is it going


The CEO of Open Ai Sam Altman with his backer Elon Musk have created the biggest development for mankind since the invention of the wheel. Elon Musk has stated that this is more dangerous then a bomb.

Open Ai will now be accessible to the whole public making each person a programmer. This is such a  wonderful development but we could be heading for a dangerous element, This dangerous side to it will be from Hackers, Terror groups and terror states. The problem here is that these hackers, and terror groups could in theory build a Nuclear bomb. Presently, there is no legislation and no regulation which makes it a minefield .

The good part of this AI is that it will give very individual access and the results when searcing that will make Google look like a John and Jane grade 1 book. Ai allows you to research what you want and it will do all the work for you. AS you are aware many school children are doing their homework via Chat GPT.

Medical research, treatments and technologila developments could well advance at a great spoeed as a result of AI and chat GPT. Whow ould have thought decades ago that all you need for an answer is now fully available.

Lets think of all the potential medical solutions that could be found at the click of a button.

Nvidia, Marvell and Palantir have all shot up in vaule with Nviidia now a $trillion Dollar company. There is a bubble forming now in the NASDAQ and it will POP by the end of 2023 as it resembles the Dot.com bubble of 2000 which many readers will be too young to know or remember.

Apple, Meta and Amazon have all gone into Chat GPT anf their shares have flown higher. Their values are also over valued and we are heading for a crash soon not seen since the Wall Street crash of 1929.


Meanwhile, short term Ai and Chat Gpt look like a good bet but the turnaround is coming.


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