PUBLISHER: WinterGreen Research, Inc. | PRODUCT CODE: 1336079
PUBLISHER: WinterGreen Research, Inc. | PRODUCT CODE: 1336079
ChatGPT and Generative AI: Market Shares, Market Opportunity, Market Forecasts, 2023-2029
AI technology is revolutionizing the way we automate action. The combination of blockchain and AI create digital systems that support action at the heart of all economic activity, implement ChatGPT and Generative AI, embrace globalization of the economy.
Figure 1. People walk in front of a screen at the World Internet Conference (WIC)
in Wuzhen, Zhejiang province, China
People can get ChatGPT and Generative AI into the blockchain and DL storage in the same manner they enter data into storage. The AI of the ChatGPT and Generative AI strings disparate operations together using strings of conditionals.
According to ChatGPT owner OpenAI the company is projected to have $1 billion in revenue by 2024
ChatGPT is expected to impact the way we buy and sell things, the way we receive medical care, and the way we interact with government. Via ChatGPT, open source blockchain tokens are redefining the way to transact. ChatGPT implemented on blockchain and distributed ledgers leverages trust to develop a rapidly growing AI business. With the appropriate guards in place, digital assets and decentralized finance are transformed by ChatGPT.
In computer science, conditionals (that is, conditional statements, conditional expressions and conditional constructs) are language commands for handling decisions.
Generative AI, ChatGPT, Blockchain, and digital ledgers, like regular servers, servers in the cloud, have storage and operating systems capability.
Servers have separate software running hundreds or thousands of programs simultaneously, sets of code and instructions that tell a computer how to run and execute specific tasks. Inside the computer, software programs allow multiple functions to be implemented, depending on the installed software programs. Software, basically "if...then...else" statements support action by the computer driven by separate programs.
ChatGPT and Generative AI implement "if...then...else" within the blockchain, within the digital ledger, giving a level of function beyond traditional server software programs.
By permitting direct action from the stored AI driven ChatGPT and Generative AI, intelligence is distributed everywhere. A ChatGPT and Generative AI, can automatically submit payment for the goods without use of more programs. ChatGPT and Generative AI operate - look like - data within the blockchain and function irrespective of any separate software programs.
Because the processing from the ChatGPT and Generative AI is automatic, not directly initiated by someone, it appears to the user to be more a part of the blockchain or distributed ledger than of the storage mechanism. Data on a server can be accessed using a link location. A ChatGPT and Generative AI simply runs in the background. A ChatGPT and Generative AI on a blockchain is useful to automate workflows, moving in successive step as needed.
In the blockchain-based ChatGPT and Generative AI, an input triggers action. The ChatGPT and Generative AI connects the blockchain to real-world events. It allows inputs and outputs from the real world to execute decision making and implement action. Because blockchain fails to scale in most cases, we use distributed ledgers that do scale to implement blockchain.
There are several types of ChatGPT and Generative AI. An RFID sensor on a food shipment sends data to a ChatGPT and Generative AI that then releases payment to the supplier. An IoT device can capture a wide range of useful data that an artificial intelligence system manages. The AI system then uses the data to activate ChatGPT and Generative AI processes automatically.
Action depends on contracts and identity management. ChatGPT and Generative AI are the implementation mechanism for AI, making all manner of digital automation possible and implementable by ordinary people. If strawberries were ordered by Mr. Brown from farmer Wilson, the ChatGPT and Generative AI will track in the distributed ledger the shipment via robots of the strawberries, and issue payment for the strawberries automatically utilizing a ChatGPT and Generative AI.
Useful in government, farming, healthcare, banking, insurance, business, and for central bank digital currencies (CBDC), ChatGPT and Generative AI revolutionize transactions and process. Processes implemented with AI through ChatGPT and Generative AI are more efficient. ChatGPT and Generative AI support faster and cheaper automated ordering, purchasing, shipments, and payments. With government use of ChatGPT and Generative AI for CBDC, settlements process moves from two days to several seconds, creating less costly, more efficient settlements processes.
The AI, ChatGPT, & ChatGPT and Generative AI market is projected to grow at a CAGR of 53.39% in forecast period, 2023-2029.
Figure 3. ChatGPT and Generative AI Functional Areas
- Government
- Farming
- Healthcare
- Banking
- Insurance
- Business
- Central bank digital currencies (CBDC)
- Electric Batteries
- Electric Vehicles
- Military
Source: Winter Green Research, Inc.
Diverse market drivers include: the pace of global warming, agricultural automation, Chinese investment in the military, and big tech R&D spending. Digital contracting is driving unprecedented adoption of AI contracting for the military, for agriculture, for electric vehicles, for digital currency, for everything.
Digital contracts create the ability to automate and create efficient business practices. ChatGPT and Generative AI revolutionize law firms, making them more efficient.
AI, ChatGPT, and ChatGPT and Generative AI bring the same digital revolution that PCs, smart phones, and the Internet have already brought, but quicker and with greater impact. ChatGPT and Generative AI make AI work. All these shifts to AI bring strong growth of the US and World GDP. They create an economic push for further automation. AI is already here; ChatGPT and Generative AI make adoption easier and make change immediate.
Microsoft is said to be investing another $10 billion into ChatGPT and adding the AI functionality to Excel and Word immediately. This type of AI functionality is expected to drive a $100 trillion into the global economy because of the efficiencies achieved.
Electric vehicle implementation is anticipated to add $114 trillion to the global economy by 2029 over and above AI economic return.
ChatGPT and Generative AI Drive Economic Growth
IBM, Oracle, Accenture, all the major tech companies have embraced ChatGPT and Generative AI.
Figure 4. Corda Oracle Services / BIS Bank for International Settlements
Companies have embraced the profound promise and implications of ChatGPT, AI, and blockchain technology. The promise of AI is to revolutionize business practices as we know them. Financial institutions can settle securities in minutes instead of days. Microsoft has positioned ChatGPT to fundamentally change the way organizations do business by providing more secure transactions that ae immutable, if they are changed, the change is detectable.
ChatGPT changes the way we buy and sell things and the way we interact with everything. Via ChatGPT and Generative AI, Blockchain is redefining the way transactions occur by enabling a series of interlinked, automated steps to be successively implemented.
According to IBM, Hyperledger Fabric, open-source project, is the modular blockchain framework and de facto standard for enterprise solutions. The open, modular architecture uses plug-and-play components. With more than 120,000 contributing organizations and more than 15,000 engineer contributors working together, IBM Hyperledger Fabric offers data privacy.
ChatGPT and Generative AI implemented on blockchain and distributed ledgers leverage trust to develop a rapidly growing business. With the appropriate guards in place, digital assets and decentralized finance are transformed by ChatGPT and Generative AI.
All groups, enterprises, organizations, shippers, professional groups including law firms, need this study. They need to understand the ChatGPT and Generative AI, how ChatGPT and Generative AI will be used, and how the market will play out. They need to start allying with the companies that are installing ChatGPT and Generative AI technology.
Everyone will embrace ChatGPT and Generative AI.
Blockchain and distributed ledger technology consist of an electronic list of connected records. Immutable, verified records are enabled. Benefits of the electronic ledger are several.
Figure 6. Benefits of ChatGPT
- Immutable, verified records
- Electronic list of connected records
- Tampering is evident
- Efficiently updated online
- Updates are traceable
- Decentralized network across many devices
Source: Winter Green Research, Inc.
These features make the technology work for data validation, data access, and identity protection. A ChatGPT and Generative AI is the code, packaged as chain code. Applications interact with read and update data on the blockchain ledger. A ChatGPT and Generative AI turns business logic into an executable program that is agreed to and verified by all members of a blockchain network.
ChatGPT and Generative AI contain conditions statements: "if/when...then..." statements that are written into code on a blockchain.
Using ChatGPT a network of computers executes the actions when predetermined conditions have been met and verified. These actions could include releasing funds to the appropriate parties, registering a vehicle, sending notifications, or issuing a ticket. The blockchain is then updated when the transaction is completed.
Table of Contents
ChatGPT and Generative AI: Executive Summary
- The study is designed to give a comprehensive overview of the ChatGPT and Generative AIs market segment. Research represents a selection from the mountains of data available of the most relevant and cogent market materials, with selections made by the most senior analysts. Commentary on every aspect of the market from independent analysts creates an independent perspective in the evaluation of the market. In this manner the study presents a comprehensive overview of what is going on in this market, assisting managers with designing market strategies likely to succeed.
- AI and ChatGPT Executive Summary
- ChatGPT
- AI 7
- ChatGPT Integrates with Industrial Internet of Things (IIoT), Blockchain and Distributed Ledger (DLT) Technology
- AI and ChatGPT Blockchain and Distributed Ledger Market Shares, Dollars, 2022
1. Chat Market Definition and Market Dynamics
- 1.1. Business Built on Trust
- 1.2. Chat GPT Makes Up Legal Citations
- 1.2.1. ChatGPT Disruptive Technology
- 1.2.2. Incorporating AI and Chat in Search
- 1.3. AI and ChatGPT Leverage Digital Inquiries
- 1.3.1. Generative AI and the Competition
- 1.4. Using ChatGPT to Improve Data Management
- 1.5. Blockchain as an Electronic List of Connected Records
- 1.6. Immuta/bility: Preventing Change to Smart Contracts
- 1.7. Self-Enforcing Contracts
- 1.8. Signing Smart Contracts: Legal Considerations
- 1.9. Obstacles to Smart Contracts
- 1.10. Security And Privacy
2. ChatGPT Market Shares, Market Forecasts
- 2.1. ChatGPT Market Driving Forces
- 2.2. Generative AI and ChatGPT Market Shares
- 2.2.1. ChatGPT
- 2.2.2. Amazon Language Model
- 2.2.3. Google Bard (LaMDA)
- 2.2.4. DeepMind Sparrow
- 2.2.5. Microsoft Bing AI
- 2.2.6. Character AI
- 2.2.7. Amazon Codewhisperer
- 2.3. AI and ChatGPT Market Forecasts
- 2.3.1. OpenAI Capped-Profit Structure
- 2.3.2. Generative AI and ChatGPT Solutions Forecasts
- 2.3.3. Improvements In Payment Systems
- 2.4. Generative AI Market Segments
3. Generative AI Technology and Market Opportunity
- 3.1. Chainlink, Transformers, and ChatGPT
- 3.1.1. Variational Autoencoders, VAE
- 3.1.2. Encoder-Only Models
- 3.1.3. Decoder-Only Models
- 3.1.4. Encoder-Decoder Models
- 3.2. Question Of Whether Generative Models Will Be Bigger Or Smaller
- 3.3. watsonx.ai
- 3.4. Generative AI Helps Code Faster
- 3.4.1. Fast, Safe Delivery Of Foundation Models at the Edge
- 3.5. Better Detection Of Security Threats
- 3.5.1. Improving Customer Service with AI
- 3.5.2. Trustworthy, Enterprise-Ready Data
- 3.5.3. IT Operations Management of Data From Different Sources With Varying Restrictions
- 3.6. Trigger ChatGPT Execution With Chainlink Automation
- 3.6.1. Decentralized Chainlink Automation Triggers ChatGPT Execution
- 3.7. Sonoco and IBM Applications of ChatGPT
- 3.8. Everscale Consensus Mechanism
- 3.9. Benefits of ChatGPT
- 3.10. Chat GPT Makes Up Legal Citations
4. ChatGPT Regional Analysis
- 4.1. ChatGPT as a Search Engine
- 4.2. AI ChatGPT Software
5. AI and ChatGPT Company Profiles
- 5.1. AIWORK
- 5.2. Accenture ChatGPT
- 5.3. Algorand
- 5.3.1. On-Chain vs. Off-Chain Contracts
- 5.4. Amazon
- 5.4.1. Amazon Bedrock
- 5.4.2. AWS ChatGPT
- 5.5. Avalanche
- 5.6. Baidu
- 5.7. Microsoft/OpenAI/ChatGPT
- 5.8.1. Microsoft Invests Billions in ChatGPT
- 5.8.2. Microsoft Trained a Model Called ChatGPT
- 5.8. Chainlink Labs
- 5.9.1. Chainlink Industry Standard For Building, Accessing, And Selling Oracle Services Needed To Power Hybrid ChatGPT on any Blockchain
- 5.9.2. Chainlink Partner: FilSwan
- 5.9. Alphabet/Google/DeepMind
- 5.10.1. Google AI Chatbot, Bard
- 5.10.2. Alphabet Google Consolidates Artificial Intelligence Research Groups 76
- 5.10.3. Deepmind
- 5.10.4. Deepmind Chinchilla
- 5.10. Gigster
- 5.11. Goldman Sachs ChatGPT
- 5.12.1. Goldman Sachs Blockchain Redefines the Way Transactions Occur
- 5.12. Huawei ChatGPT
- 5.13.1. Huawei ChatGPT Like AI Systems Vision For 2030 Intelligent World
- 5.13. Hugging Face
- 5.14. IBM
- 5.14.1. watsonx.governance
- 5.14.2. IBM Hyperledger Blockchain Scalability
- 5.14.3. IBM ChatGPT Code on a Blockchain
- 5.14.4. IBM ChatGPT Safeguarding the Efficacy of Medications
- 5.14.5. IBM Supply Chain Transparency
- 5.14.6. Blockchain for Trade Finance
- 5.14.7. Blockchain for Food Supply
- 5.15. L4S/TapestryX Distributed Ledger
- 5.15.1. L4S Tapestry Distributed Ledger
- 5.15.2. L4S/TapestryX
- 5.16. Meta/Facebook Fears AI Tools Spread False, Biased, Or Misleading Information
- 5.17. Microsoft ChatGPT
- 5.17.1. Microsoft Investment in ChatGPT
- 5.17.1. Microsoft Implementing Enterprise ChatGPT
- 5.17.2. Microsoft Azure - The Enabler
- 5.17.3. Microsoft Enterprise ChatGPT-Framework
- 5.17.4. Microsoft ChatGPT Summary
- 5.18. Near
- 5.19. Nividia
- 5.20. Oracle
- 5.21.1. Oracle ChatGPT Benefits
- 5.21.2. Oracle Blockchain for ChatGPT: Use Cases-Banking, Government, Insurance, Business
- 5.21. Partior ChatGPT
- 5.22. Pega AI Solutions
- 5.23. R3/Corda
- 5.24.1. ChatGPT-R3 Documentation
- 5.24. SAP
- 5.25. Solana
- 5.26. Stability AI
- 5.27. Swift
- 5.28.1. SWIFT Experiments with Accenture
- 5.28. Tata Consultancy Services (TCS)
- 5.29. Tencent
- 5.30. You.Com
- 5.31. Wipro
- 5.32.1. Wipro and R3 Target Thailand
- 5.32.2. Wipro Revenue
- 5.32. Writesonic
- 5.33. Selected ChatGPT Market Participants
List of Tables and Figures
- Figure 1. ChatGPT Efficiency That Accrues from The Automation of Contract Terms 6
- Figure 2. AI and ChatGPT, Blockchain and Distributed Ledger Market Shares, Dollars, 2022
- Figure 3. Chat Related Terms
- Figure 4. ChatGPT Nonlinear System
- Figure 5. Benefits of Blockchain Electronic Ledger
- Figure 6. Smart Contracts Interruption Events
- Figure 7. ChatGPT Business Market Driving Forces
- Figure 8. ChatGPT and Generative AI Market Shares, Dollars, 2022
- Figure 9. ChatGPT and Generative AI Market Shares, Dollars, 2022
- Figure 10. ChatGPT and Generative AI Company Market Positioning, Worldwide, 2022 25
- Figure 11. Key Features of Microsoft Bing AI
- Figure 12. Generative AI and ChatGPT Market Forecasts, Dollars, Worldwide, 2023-2029
- Figure 13. Generative AI and ChatGPT Market Forecasts, Dollars, Worldwide, 2023-2029
- Figure 14. Blockchain to Boost Global GDP
- Figure 15. Generative AI Market Segments
- Figure 16. Generative AI and ChatGPT Market Segments, Percent, Worldwide, 2023-2029
- Figure 17. Generative AI and ChatGPT Market Segments, Percent, Worldwide, 2023-2029
- Figure 18. Chainlink Automation Benefits To Decentralized Smart Contact Automation
- Figure 19. Chainlink Automation Steps:
- Figure 20. IBM Blockchain Transparent Supply
- Figure 21. Benefits of ChatGPT
- Figure 22. Generative Artificial Intelligence Risks
- Figure 23. Benefits of ChatGPT Software
- Figure 24. AWS Blockchain ChatGPT Templates
- Figure 25. How Microsoft Trained an AI Model Called ChatGPT
- Figure 26. Goldman Sachs AI Assistive Code Functions
- Figure 27. Goldman Sachs Blockchain Positioning
- Figure 28. Goldman Sachs Blockchain Transaction Management
- Figure 29. Goldman Sachs Blockchain Redefines the Way Transactions Occur
- Figure 30. Huawei Envisions an Era Of Intelligent ChatGPT Powering A 4th Industrial Revolution, Intelligent Vehicles
- Figure 31. IBM AI Watsonx Platform Components:
- Figure 32. IBM Watsonx Nonlinear AI Data Interconnections
- Figure 33. IBM's Watsonx Functions
- Figure 34. IBM AI Positioning
- Figure 35. IBM Watsonx.ai Data, Governance
- Figure 36. IBM ChatGPT
- Figure 37. IBM Provides Home Depo Increased Visibility into The Supply Chain,
- Figure 38. IBM We Trade
- Figure 39. IBM Benefits of ChatGPT
- Figure 40. Sonoco + IBM: Safeguarding the Efficacy of Lifesaving Medications with Blockchain
- Figure 41. L4S DLT Supply Chain Benefits
- Figure 42. L4S Tapestry Distributed Ledger
- Figure 43. L4S DL/Blockchain Features
- Figure 44. TapestryX Fundamental DTL Requirements vs Blockchain Capabilities 103
- Figure 45. Microsoft Smart Contract
- Figure 46. Microsoft Enterprise Smart Contract Components
- Figure 47. Microsoft Blockchain and Cloud
- Figure 48. Microsoft Azure ChatGPT Composition
- Figure 49. Microsoft ChatGPT Axure Platform Building Blocks
- Figure 50. Microsoft ChatGPT Message Based API
- Figure 51. Microsoft ChatGPT Message Based API Functions
- Figure 52. Using Microsoft Azure Enterprise ChatGPT
- Figure 53. NEAR Apps Functions
- Figure 54. NEAR-api-js Features
- Figure 55. NEAR-api-js: Functions
- Figure 56. Developer Choices for Compiling a NEAR Smart Contract:
- Figure 57. Oracle ChatGPT Benefits
- Figure 58. Partior Services:
- Figure 59. Partior Countries Served
- Figure 60. Pega AI Solutions Functions
- Figure 61. R3 / Corda DLT Production Ecosystem
- Figure 62. Solana ChatGPT Technology Features
- Figure 63. you.com Social Media Search
- Figure 64. Wipro Revenue 2001-2021
- Figure 65. Project Inthanon: Wipro and R3 Launch Interbank Settlement Blockchain with Digital Currency
- Figure 66. Project Inthanon Functions
