The Chatbot Format's Drop Off Means an Existential Crisis

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The number of users for OpenAI's chatbot format has fallen by 10% in the last month. Some analysts say this is a red flag, but it could also be due to summer break and other smaller use cases. The company raised $100 million at a 10 figure valuation with what is essentially a generic thin wrapper around OpenAI. Companies like Jasper and the VCs that back them are the biggest losers right now.

Jasper and Mutiny have both laid off part of their teams in recent weeks, leading some to question whether it's another example of the AI bubble deflating after ChatGPT saw declines in usage for the first time ever in June. Before that on The Brief: Nearly 8000 authors have signed an open letter from The Author's Guild asking prominent AI companies to stop training their models on their work. Barry Diller plans to sue AI companies on behalf of publishers. The UN Security Council holds first AI Risk meeting. Israel's IDF using AI in military operations. Today's Sponsor: Supermanage - AI for 1-on-1's - https://supermanage.ai/breakdown ABOUT THE AI BREAKDOWN The AI Breakdown helps you understand the most important news and discussions in AI. Subscribe to The AI Breakdown newsletter: https://theaibreakdown.beehiiv.com/subscribe Subscribe to The AI Breakdown on YouTube: https://www.youtube.com/@TheAIBreakdown Join the community: bit.ly/aibreakdown Learn more: http://breakdown.network/