ChatGPT nears 100 million monthly users in 2 months

With talk of A.I. heating up as ChatGPT nears 100 million monthly users, how can you invest in A.I.?

Video transcript

DAVE BRIGGS: I actually-- I think the most underrated number that we got this week was UBS revealing 100 million users on ChatGPT in two months. Now, for context, Facebook renamed themself Meta, what, almost two years ago. And we still have no idea what it is. We still have no practical use for it is. We have no way to show that it's transformed our lives.

And in two months, ChatGPT is transforming the way we live and we work. Real estate agents are using it. And if you don't believe me, that's cool. Believe Tim Cook. He says, quote, "It's a major focus of ours. It's incredible how it can enrich our lives," adding this gem-- "It is impacting virtually every thing we do." So don't believe me, but believe Tim Cook.

SEANA SMITH: Yeah, certainly. I mean, you can't argue with-- there's a lot of hype around it, Jared. You were just looking at individual stocks. We even had an ETF coming out that's capitalizing on this mania that we certainly are seeing around ChatGPT. We don't have a lot of information around it, but the ticker will be CHAT, C-H-A-T. It will be focused in a number of areas, but one specifically, the conversational aspect of AI. And of course, that means ChatGPT.

So there is this mania around it. I would likely see that you would think when you take a look at some of the other trends, like Metaverse, in the past, a number of ETFs were launched over the last year and a half that are based on Metaverse. So I think AI, ChatGPT might be onto something here. And we could be seeing a number of new ETFs over the next year.

JARED BLIKRE: Chat 4 about to be released in a few weeks, and it's supposed to hook up with Microsoft and Bing. So the enhanced version even coming out pretty quickly here.

DAVE BRIGGS: Yeah, and GPT+ that charges 20 bucks a month and promises faster data and actually the ability to get on, which is difficult right now.

JARED BLIKRE: From 2:00 to 4:00 PM, I have a difficult time these days.

DAVE BRIGGS: I have really struggled to get access to it. It's been very busy.