Generative artificial intelligence is all the rage now but the A.I.
boom is not just all hype, said Dan Ives from Wedbush Securities, who calls it the "fourth industrial revolution playing out."
The fourth industrial revolution refers to how technological advancements like artificial intelligence, autonomous vehicles and the internet of things are changing the way humans live, work and relate to one another.
"I think this is really transformational changes to technology that I think would change the tech space for the next 20-30 years," said Ives.
technology surged after ChatGPT — OpenAI's viral chatbot — went viral due to its ability to generate humanlike responses to users' prompts, which amazed researchers and the general public.
Persons:
Dan Ives, CNBC's, Ives, ChatGPT
Organizations:
Wedbush Securities