With the release of ChatGPT in November of 2022, artificial intelligence (AI) tools have become all the rage.

While there have been releases of AI-powered tools before OpenAI released ChatGPT to the public, none of them gained as much public attention.

ChatGPT was the first generative AI tool to reach mass adoption, with more than a million people registering to use it within days of its release.

According to a survey conducted by Statista Consumer Insights, 20 percent of U.S. respondents had tried ChatGPT by the time the survey was fielded in March and April 2023, putting it far ahead of other AI tools such as Jasper Chat, GetGenie or Simplified.

“Material prepared by Sherman Portfolios, LLC.”

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