OpenAI’s GPT-3 machine learning algorithm has caused a stir in the tech world due to its ability to generate writing that is hard to distinguish from text authored by a person, do basic math, write code, and even create simple web pages. OpenAI has followed up GPT-3 with more specialized algorithms and a viral chatbot called ChatGPT. Now, a rush of competitors are entering the generative AI space, with billions of dollars being invested in the industry, including a $10-billion follow-up investment by Microsoft into OpenAI.
