Section II: Energy Arbitrage for the Mind

To Reason: ChatGPT and the Fastest Adoption on Record

Understanding context is not the same as reasoning through a problem. The final milestone here is still unfolding: a machine that can be asked a genuinely open-ended question and reason its way to a useful answer.

Key Milestones
  • ChatGPT launches, November 30, 2022, OpenAI. A conversational interface built on a large language model let anyone, not just researchers or programmers, hold an open-ended exchange with an AI system.
The Energy, Social, and Economic Impact of Reasoning

The adoption curve is unlike anything else in this series. Instagram took roughly 2.5 years to reach 100 million users. TikTok took about 9 months. ChatGPT took about two. A UBS analysis noted that in two decades of tracking internet products, its analysts had not seen a consumer application scale that quickly.

View chart in the full report

What made the adoption so fast was not novelty alone. For the first time, energy, once converted into computation and language, could be spent asking and answering questions. We believe that is an energy arbitrage of a different kind from moving matter or delivering information.

Energy has, however imperfectly, gone from moving matter and messages to replicating a piece of human judgment itself.

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