OpenAI exec reveals the tech giant’s ‘biggest challenge’ right now

The OpenAI logo on a laptop computer arranged in the Brooklyn borough of New York, US, on Thursday, Jan. 12, 2023.

Gabby Jones | Bloomberg | Getty Images

Unlike many other companies, OpenAI does not struggle with market demand, Oliver Jay, managing director of international strategy at OpenAI, said at CNBC’s CONVERGE LIVE Thursday.

Instead, “the biggest challenge right now is … converting that enthusiasm into real-life production-ready use case,” he said. “The gap is AI fluency — to know how to turn these concepts into actual business products.”

He said this is difficult because “working with large language models is a new paradigm. It’s not software. You need to build guardrails.”

He also spoke about the rapid uptick in ChatGPT usage at the two-day live event in Singapore — adding that the city-state has the highest per-capita usage of ChatGPT in the world. Last October, OpenAI announced plans to open an office in Singapore.

He said that artificial intelligence presents a special opportunity for all companies, but specifically those in Asia.

“This is the first time Asian companies, potentially, can take a leadership role on a global stage,” he said. “Traditionally, you see technology adopted in Silicon Valley first, and then Europe. … Now there could be a company from Asia that will be the most innovative.”

‘Tremendous demand’

  • Aniket Pujari

    Aniket Pujari

    Aniket Pujari, a graduate in Financial Markets, is the founder of Minute To Know News, a digital platform providing daily news updates on cryptocurrencies, finance, and economics. With a passion for finance and technology, Aniket has been exploring the world of cryptocurrencies since 2015, building a deep understanding of these rapidly evolving industries.

    Related Posts

    Friday, March 14, 2025: Jim Cramer discusses his next moves for the Investing Club

    Friday, March 14, 2025: Jim Cramer discusses his next moves for the Investing Club

    Take a flyer on this fallen fitness stock, says Canaccord Genuity

    Peloton’s already industry-leading position could grow by capturing more corners of the fitness sector, according to Canaccord Genuity. The firm upgraded the fitness software and equipment stock to buy from…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    BTC bulls regain control, XYZVerse captures attention in memecoin mania

    BTC bulls regain control, XYZVerse captures attention in memecoin mania

    Friday, March 14, 2025: Jim Cramer discusses his next moves for the Investing Club

    Take a flyer on this fallen fitness stock, says Canaccord Genuity

    U.K. police officer charged with Bitcoin theft worth over £3m

    U.K. police officer charged with Bitcoin theft worth over £3m

    Shares of DocuSign surge 14% on strong earnings, AI boost

    Shares of DocuSign surge 14% on strong earnings, AI boost

    Sei price bottoms as DeFi TVL hits ATH despite the crypto crash

    Sei price bottoms as DeFi TVL hits ATH despite the crypto crash