ChatGPT and Generative AI: Hope, Hype and Investment (In-Person)

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ChatGPT, the popular chatbot from OpenAI, is estimated to have reached 100 million monthly active users in January, just two months after launch, making it the fastest-growing consumer application in history, according to a UBS study.

Top 5 ChatGPT User Statistics

• ChatGPT currently has over 180 million users
• In just 5 days, ChatGPT surpassed 1 million users
• openai.com gets approximately 1.6 billion visits per month
  Around 65% of ChatGPT's social media traffic comes via YouTube
• Around 12% of ChatGPT's users are American

Top venture capital firms including Sequoia Capital and Andreessen Horowitz have invested over $300 million into ChatGPT at a valuation of $27 billion – $29 billion. Separately, Microsoft has invested around $10 billion in ChatGPT.

How will ChatGPT and generative AI change the world as we know it?

Is it all hype?

Why are leading venture capitalists and big tech firms like Microsoft racing to fund generative AI startups?

The speaker will discuss:

1) What is ChatGPT

2) What is generative AI?

3) How will ChatGPT and generative AI affect education, employment, the economy and society?

4) What dangers do ChatGPT and generative AI pose?

5) Should ChatGPT and AI in general be regulated?

If so, how?

If not, why not?

6) How can entrepreneurs leverage ChatGPT and AI?

7) How can ChatGPT be monetized?

8) Should certain people not use ChatGPT?

9) What's next for ChatGPT and AI? What will be its impact in the near and long term future?

10) Why are investors so eager to invest huge sums of money into ChatGPT?

11) What are venture capitalists looking for when they invest in AI companies?

12) How can an AI startup company best position itself to get venture capital funding?

13) How much money is flowing into AI startups in general and how long will this last?

14) Where are the top AI startups located?

15) What are some of the most fundable AI startup business models?

16) What will the AI landscape in general look like in one year, three years, five years, ten years, twenty years, etc.?

and more!

Please come with questions, comments and scenarios.

Agenda

6:00 PM to 7:00 PM Check In, Food, Networking

7:00 PM to 8:30 PM Program

8:30 PM to 9:00 PM Networking

A fter Party

About the Speaker:

Sanjit Singh Dang, Chairman and Co-Founder, U First Capital

Dr Sanjit Singh Dang has been a successful venture capitalist, corporate executive, board member, speaker and writer in Silicon Valley for almost two decades. Sanjit has an excellent track record of driving at least one exit every year: Pensando (acquired by AMD in 2022), Nextdoor (IPO 2021), Palantir (IPO 2020), Orb Intelligence (acquired by Dun and Bradstreet in 2020), Pinterest (IPO 2019), DocuSign (IPO 2018), etc.

Sanjit is currently the co-founder and chairman of U First Capital. Prior to that, he was at Intel Capital where he led venture capital investments in enterprise software. He has been an investor and on the board of several companies, including True Fit (AI for eCommerce, raised $100M), Reflektion (AI recommendation for eCommerce, raised $42M), Helpshift (AI-driven customer service, raised $38M) and Enlighted (Smart Lighting, acquired by Siemens in 2018). He is also an investor in Mirantis (cloud computing, raised >$100M), GoodData (SaaS business intelligence, raised over $100M) and Arcadia Data (Big Data 2.0, raised $26M).

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