Skip to content
— CH. 1 · INTRODUCTION —

AI boom

~7 min read · Ch. 1 of 6
6 sections
  • ChatGPT became the 4th-most visited website in the world, behind only Google, YouTube, and Facebook. It reached that position after growing to over 100 million users in just two months following its launch at the end of 2022, making it the fastest-growing software application on record. What does it mean when an AI chatbot outpaces every social network, every news outlet, every streaming platform? How did we arrive at a moment where a machine that writes, draws, codes, and composes music has become woven into the daily fabric of modern life? And what are the hidden costs, the contested claims, and the unresolved dangers that this rapid transformation carries with it?

  • Alan Turing proposed the idea of "Thinking Machines" in 1950, imagining computers capable of reasoning at the level of a human being. His Turing Test asked a simple but unsettling question: could an interrogator, given two sets of responses, reliably distinguish the human from the machine? Six years later, in 1956, John McCarthy gave the field its name. McCarthy, alongside Nathaniel Rochester, Marvin Minsky, and Claude Shannon, organized the Dartmouth conference, the gathering that formally constituted artificial intelligence as an academic discipline. McCarthy also created the programming language LISP in 1958, a tool that remained the dominant AI programming language in the United States for decades. He later founded the Stanford Artificial Intelligence Laboratory in 1962 and co-founded MIT's first AI lab, now known as the MIT Computer Science and Artificial Intelligence Laboratory. The earliest brush with conversational AI came in 1966, when Joseph Weizenbaum created ELIZA, designed as an experimental emotional tool and now recognized as the first chatbot. These were the seeds. What the early researchers could not have anticipated was how long the field would cycle between periods of excitement and contraction before arriving at the current era, which some call an "AI spring" to distinguish it from the "AI winters" that periodically cooled investment and interest.

  • DeepMind's AlphaFold program scored more than 90 on CASP's Global Distance Test in 2020, a result that structural biologist and Nobel Prize winner Venki Ramakrishnan described as "a stunning advance on the protein folding problem." Predicting how a protein folds based on its amino acid sequence had resisted solution for decades; accurate prediction may accelerate drug discovery and improve understanding of disease. On the creative side, OpenAI released DALL-E in January 2021, giving users the ability to generate images from a plain text prompt. By 2022, DALL-E 2 and Midjourney had both launched. OpenAI's Sora, a text-to-video model, arrived in 2024 and was quickly taken up for advertising work, reducing production costs and increasing production speed. In audio, Google's DeepMind released WaveNet in 2016, a model that could generate raw speech and piano audio, identify individual speakers, and serve as a structural foundation for later voice generation tools. OpenAI released Jukebox in 2020, the first large-scale model capable of generating full songs across different genres and styles. By 2024, high-fidelity AI music tools had become publicly available. A 2026 study published in the journal Management Science found that less experienced software developers gained the largest productivity benefits from generative coding tools, with higher adoption rates and greater measured output gains.

  • Nvidia's market capitalization rose above US$3.3 trillion as of the 19th of June 2024, making it the world's largest company by that measure at the time. The company's GPUs power the training and operation of generative AI models, meaning Nvidia's fortunes are directly tied to how much the industry expands. Nvidia later became the first company to reach US$4 trillion in market capitalization on the 9th of July 2025, and subsequently crossed US$5 trillion on the 29th of October of that same year. AI and generative AI investments grew from $18 billion in 2014 to $119 billion in 2021. Generative AI's share of total AI investment stood at around 30% in 2023. Google recognized the threat posed by ChatGPT to its core search business and responded by merging DeepMind and Google Brain, two internal research units that had previously operated separately. Stanford economist Erik Brynjolfsson has argued in a series of articles for a productivity boom driven by AI, while Northwestern economist Robert Gordon has taken a more pessimistic view; the two have registered a formal bet at Long Bets about productivity growth rates in the 2020s, to be settled at the end of the decade. Businesses report revenue increases of up to 16% linked to AI adoption, concentrated in manufacturing, risk management, and research and development. San Francisco's population increased in 2023 for the first time in years, with the AI boom cited as a factor. Despite this, research from MIT found that 95% of business AI projects were unprofitable in 2025, even as corporate investment in AI that year exceeded $60 billion.

  • Sarah Silverman's memoir The Bedwetter appeared in ChatGPT's outputs in detailed summaries and verbatim excerpts of paywalled journalism, raising suspicion about the sources embedded in the model's training data. Early generative chatbots, including GPT-1, drew on the BookCorpus; books remain, according to the source, the best training material for producing high-quality language models. Meta, OpenAI, and Nvidia have all faced lawsuits brought by artists, writers, journalists, and developers over the use of their work in training data. In protest at UK government consultations over how copyrighted music could legally be used in AI training, more than a thousand British musicians released an album containing no sounds at all, titled Is This What We Want? The conflict extended to voice and likeness. On the 19th of April 2024, Drake released a diss track called "Taylor Made Freestyle" featuring AI-generated vocals mimicking Tupac Shakur and Snoop Dogg. Shakur's estate threatened to sue, arguing it violated Shakur's personality rights. On the 20th of May 2024, actor Scarlett Johansson issued a statement accusing OpenAI of designing its "Sky" voice feature to closely resemble her voice and her portrayal of an AI assistant in the 2013 film Her, even though she had previously turned down the company's offer to provide that voice. OpenAI's unnamed voice actress, whose agent stated she recorded in her natural speaking voice, was drawn into a public dispute she had no part in creating. In late January 2024, deepfake images of Taylor Swift spread widely. The United States Congress introduced the DEFIANCE Act in March 2024, while Canada moved to introduce federal legislation targeting the non-consensual sharing of AI-generated explicit imagery.

  • Google's greenhouse gas emissions rose by nearly 50% between 2019 and 2024, partly due to energy demands from AI data centers. Microsoft, Google, and Amazon have all invested in nuclear power to address their electricity needs. In September 2024, Microsoft signed a deal with Constellation Energy to purchase power from a reactor at Three Mile Island, a plant that had been shut down in 2019. That reactor is scheduled to reopen in 2028. It sits beside the unit responsible for the worst nuclear power accident in United States history, which occurred in 1979. The Center for AI Safety's researchers expect AI to improve the accessibility, success rate, scale, speed, stealth, and potency of cyberattacks, with potential for significant geopolitical disruption if the technology strengthens offensive capabilities more than defensive ones. Researchers have also raised concerns about the potential for future AI systems to assist in engineering highly lethal and contagious pathogens. A coalition of industry leaders and other signatories has endorsed the Statement on AI Risk, which argues that humanity could irreversibly lose control over a sufficiently advanced artificial general intelligence. A Pew Research report found that most Americans expressed concern about a lack of control over AI and over its potential negative effect on human creativity. A 2025 study by Nikolova and Angrisani found that people were especially distrustful of AI in personal relationships, while being more accepting of its role in medicine, such as developing new antibiotics. Economists Bell and Korinek argued in 2023 that the economic effects of AI could worsen inequality in ways that pose distinct threats to democratic governance, separate from the risks posed by AI-generated misinformation and propaganda.

Common questions

How fast did ChatGPT grow after its launch in 2022?

ChatGPT grew to over 100 million users within two months of its launch at the end of 2022, making it the fastest-growing software application on record. As of 2025, it is the 4th-most visited website globally, behind only Google, YouTube, and Facebook.

Who coined the term artificial intelligence and when?

John McCarthy coined the term "artificial intelligence" in 1956. That same year, McCarthy organized the Dartmouth conference with Nathaniel Rochester, Marvin Minsky, and Claude Shannon, which established AI as a formal academic field.

What did DeepMind's AlphaFold achieve during the AI boom?

DeepMind's AlphaFold scored more than 90 on CASP's Global Distance Test in 2020, demonstrating an unprecedented ability to predict protein folding from amino acid sequences. Nobel Prize winner Venki Ramakrishnan called the result "a stunning advance on the protein folding problem."

How large did Nvidia's market capitalization grow during the AI boom?

Nvidia's market capitalization rose above US$3.3 trillion as of the 19th of June 2024, making it the world's largest company by that measure. It became the first company to reach US$4 trillion on the 9th of July 2025 and crossed US$5 trillion on the 29th of October 2025.

What is the Three Mile Island deal linked to the AI boom?

In September 2024, Microsoft signed a deal with Constellation Energy to purchase power from a reactor at Three Mile Island that had been shut down in 2019. The reactor is set to reopen in 2028 to supply Microsoft's AI data centers and is adjacent to the unit that caused the worst nuclear power accident in US history in 1979.

What legal disputes arose from AI-generated voices during the AI boom?

On the 19th of April 2024, Drake released a track featuring AI-generated vocals imitating Tupac Shakur, prompting Shakur's estate to threaten legal action over personality rights. On the 20th of May 2024, Scarlett Johansson accused OpenAI of creating a voice feature closely resembling hers despite her having refused the company's earlier offer to provide it.

All sources

136 references cited across the entry

  1. 4webAI Spring? Four Takeaways from Major Releases in Foundation ModelsRishi Bommasani — Stanford Institute for Human-Centered Artificial Intelligence — 17 March 2023
  2. 9bookThe Turing Test (updated 8 February 2016)Graham Oppy et al. — Metaphysics Research Lab, Stanford University — 9 April 2003
  3. 14webIntroduction to Programming in LispD.W. Murray — 1995
  4. 23news'The game has changed.' AI triumphs at solving protein structuresRobert F. Service — 30 November 2020
  5. 24journal'It will change everything': DeepMind's AI makes gigantic leap in solving protein structuresEwen Callaway — 30 November 2020
  6. 35newsA.I. Could Soon Need as Much Electricity as an Entire CountryDelger Erdenesanaa — 10 October 2023
  7. 37webMicrosoft's new Bing was using GPT-4 all alongFrederic Lardinois — 14 March 2023
  8. 38newsOpenAI announces ChatGPT successor GPT-4Ben Derico et al. — 14 March 2023
  9. 39webGemini
  10. 41webSurvey reveals AI's impact on the developer experienceInbal Shani, GitHub Staff — 13 June 2023
  11. 42journalThe Effects of Generative AI on High-Skilled Work: Evidence from Three Field Experiments with Software DevelopersKevin Zheyuan Cui et al. — 27 February 2026
  12. 44arxivWaveNet: A Generative Model for Raw AudioAaron van den Oord et al. — 19 September 2016
  13. 46magazineAI-Music Arms Race: Meet Udio, the Other ChatGPT for MusicBrian Hiatt — 10 April 2024
  14. 50journalAudio deepfakes: A surveyZahra Khanjani et al. — 2023
  15. 53newsThe environmental pollution behind the boom in artificial intelligenceViki Auslender et al. — Calcalist — 23 April 2023
  16. 54newsHuge Power Demand for AI Is Keeping Polluting Coal Plants AliveMaggie Harrison Dupré — 31 May 2024
  17. 61webHow Americans View AI and Its Impact on People and SocietyBrian Kennedy et al. — 17 September 2025
  18. 62newsWhy people mistrust AI advancementsMilena Nikolova et al. — 20 August 2025
  19. 64webMachines of mind: The case for an AI-powered productivity boomMartin Neil Baily et al. — 10 May 2023
  20. 65webThe coming productivity boomErik Brynjolfsson et al. — 10 June 2021
  21. 66newsAre We in a Productivity Boom? For Clues, Look to 1994.Jeanna Smialek — 21 February 2024
  22. 68webCan Demis Hassabis Save Google?Alex Kantrowitz — 29 March 2004
  23. 70newsNvidia's market value tops $4 trillionNoel Randewich — 11 July 2025
  24. 73newsThe Business of Artificial IntelligenceErik Brynjolfsson et al. — 18 July 2017
  25. 76bookCompeting on analyticsThomas Davenport et al. — Harvard Business Press — 29 August 2017
  26. 79webJasper AI: A dilemma of a thin wrapperKsenia Se et al. — 3 November 2023
  27. 81journalThe Evolutionary Dynamics of the Artificial Intelligence EcosystemMichael G. Jacobides et al. — December 2021
  28. 86webAI's economic peril to democracyStephanie A. Bell et al.
  29. 88webMonitoring AI Adoption in the US EconomyAllen, Jeffrey S. — 3 April 2026
  30. 91newsHow Generative AI Can Augment Human CreativityTojin T. Eapen et al. — 16 June 2023
  31. 96webBig Tech is spending more than VC firms on AI startupsGeorge Hammond — 27 December 2023
  32. 97webThe Future of AI Is GOMAMatteo Wong — 24 October 2023
  33. 99newsWhere the battle to dominate AI may be wonBrian Fung — 19 December 2023
  34. 101webThe AI boom is here, and so are the lawsuitsPeter Kafka — 1 February 2023
  35. 102newsNvidia Sued By Authors For Training AI With Copyrighted WorksMatthew Broersma — 12 March 2024
  36. 104newsJournalism Fights BackJames Morales — 3 January 2024
  37. 105magazineMusic Biz Calls for 'Robust' Action as U.K. Government Begins Consultation on AI RegulationsRichard Smirke — Penske Media Corporation — 17 December 2024
  38. 110av mediaLive demo of GPT4-o voice variationOpenAi — 14 May 2024
  39. 111newsOpenAI unveils new AI model as competition heats upAnna Tong et al. — 15 May 2024
  40. 120arxivAn Overview of Catastrophic AI RisksDan Hendrycks et al. — 21 June 2023
  41. 123webHow AI could spark the next pandemicKelsey Piper — 21 June 2023
  42. 124magazineThe AI Arms Race Is Changing EverythingAndrew R. Chow et al. — 17 February 2023
  43. 129magazineAI Should Be Terrified of HumansBrian Kateman — 24 July 2023
  44. 131webJust How Bad Would an AI Bubble Be?Rogé Karma — 7 September 2025
  45. 134webThere Is No AI Revolution24 February 2025