Why 2023 will be the year of AI

What happened in 2022?

Long story short, many LLM models have broken into the mainstream and flooded all social media platforms this year. Everyone heard in 2022 about ChatGPT (million users in 5 days), which outbeat instagram which needed 2,5 months! I think everyone saw at least once in 2022 a graphic generated by Dall-e, Stable Diffusion or Midjourney. Millions of funds have been invested into the sector and I think everyone has an opinion about AI (for sure different ones have artists talking about copyright issues than health care professionals about how it improves their work). One is for sure - the AI industry is booming and we might be facing a fourth or fifth industrial revolution - depending on who and how it describes it.

So, what’s more to come?

🎉 Happy AI 2023!

2023 is set to be a revolutionary year for Artificial Intelligence. With the continued development of AI technology, more and more businesses are beginning to invest in the potential of AI to automate processes and increase efficiency. Thanks to open source technologies AI is also becoming more accessible and affordable for businesses, which will help to drive its adoption. It is no longer a monopol technology for the biggest tech giants.

First and foremost, 2023 will see the emergence of AI-powered solutions for customer service - ChatGPT might be the simplest example. AI-powered solutions are designed to provide a more personalized customer experience and can even automate customer service tasks. Already in 2022 Cohere launched a multilingual model which supports 100+ languages and it’s super easy to implement. Furthermore, AI-powered solutions will be able to handle more complex customer inquiries and offer improved customer support.

In addition to customer service, AI will also be used to enhance the accuracy and speed of decision-making processes in businesses. AI-powered solutions can process large amounts of data and make decisions quickly and accurately, which will help businesses make better decisions in less time. Remember the winners of OpenAI Whisper Hackathon, InvestogAId a transcription tool that will watch your favorite video about a stock trading strategy and implement it for you?

Finally, AI will also be used to develop more advanced applications and products. AI-powered solutions can be used to create more innovative and sophisticated products and applications. This will help to boost the overall productivity and efficiency of businesses, as well as to create new opportunities and revenue streams. The question is what does app will be, and which problems of 2022 will they solve?

✨ Can I benefit from AI if I join today?

The technology is still relatively young and the breakthrough is happening in front of our eyes. The revolution in usage of open source technologies allows everyone to create an AI based app, as previously it was only available to the tech giants. Today you can create an app based AI simply learning from our generative AI tutorials or during lablab.ai Hackathons. If you’re looking for ChatGPT API we also gather libraries for you in one place. Or if you want to get deeper into creating AI art or improve your creative process with AI, we also have Stable Diffusion tutorials.

Basically, if you’re reading this it means you can shape the future with usage of AI. Find a problem you, or people around you, are facing and create a solution to it with the help of AI. Make the difference, join the community of builders, creators and innovators! Join lablab.ai.

Build with AI during lablab.ai's AI Hackathons