The Year AI Went Exponential

Alexander E. Brunner

Chapter 1 in The Big Swiss AI Secret:Unveiling Switzerland's World-Class AI Ecosystem, 2025, pp 1-3 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The term Artificial Intelligence (AI) has been in use for many decades. In recent years, it has been referred to as big data, machine learning, computer vision, neural networks, and, since 2022, Generative or GenAI. We have all encountered it over the years, from facial scans at the airport and semi-autonomous cars to email spam filters and online translators. With the public launch of ChatGPT by OpenAI in November 2022, a new AI hype cycle commenced, particularly in the US. Major tech companies, including Microsoft, Amazon, and Nvidia, began investing billions in startups, algorithms, and new data centers. This triggered a surge of applications, ranging from text generators and chatbots to image creators. Even seasoned AI experts and investors were caught off guard by the rapid pace and scale of investments. So, what changed so suddenly?…

Keywords: Artificial Intelligence; AI; Switzerland; Generative AI; AI Race; Disruption; Swiss AI Industry; AI Superintelligence; AI Technology; ETH Zurich AI; EPFL AI; Artificial Intelligence Advancements; ChatGPT; OpenAI; DeepSeek; META; AI Startups; Startup; Entrepreneurship; Hugging Face; IBM; Anybotics; Palantir; UXS; Axa Insurance; Roche; Blockchain; Digital Ecosystems; Fintech (search for similar items in EconPapers)
JEL-codes: L86 O32 O33 (search for similar items in EconPapers)
Date: 2025
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