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Artificial Intelligence (AI) is becoming increasingly prominent in many aspects of our lives, from virtual personal assistants to ride-hailing apps and job applicant screening. ChatGPT is a next-generation chatbot that has the potential to become an alternative to traditional search engines, and is being used daily for research and content development. AI is capital intensive, making it difficult for global challengers outside of the OECD to emerge, and data has become the new oil.