21 ChatGPTDelighted Consumers And Amazed Enterprises Building on years of progress since Google invented transformer architecture in 2017, ChatGPT catalyzed the public’s understanding of generative AI. No longer a tool just for developers, ChatGPT’s simple chat interface enabled anyone speaking any language to harness the power of large language models (LLMs). In 2023, enterprises scrambled to understand and deploy generative AI. ChatGPTUsers Hit 100 Million Users In Two Months The Number of AI Mentions Tripled On Earnings Calls E C ChatGPT WeChat TikTok Alphabet Apple Amazon Meta Microsoft N E Instagram YouTube FaceBook G I L L 100 180 E Post-ChatGPT Average T N 90 160 I s AL r 80 ns140 I e C s 70 io I U F ) nt120 I e ns60 e T iv M 100 io AR l 50 f Act o il 80 y r hl(M40 e Pre-ChatGPT Average b 60 nt 30 m o u 40 M 20 N 10 20 0 0 0 1 2 3 4 5 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Years *values between 0 and 100 million users are estimates Sources: ARK Investment Management LLC, 2024. This ARK analysis is based on a range of data sources, which are available upon request. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.