---
title: "ChatGPT at Two | Big Tech Captured Most of the Upside"
author: "Unique Research"
sourcePublication: "Unique Research (FFCAP English library)"
originalPublishedAt: "2024-12-02T10:36:17+08:00"
canonical: "https://ffcap.cn/en/research/20241202a02q0500"
source: "https://ffcap.cn/en/research/20241202a02q0500"
language: "en"
cnSourceUrl: "https://view.inews.qq.com/a/20241202A02Q0500"
---

# ChatGPT at Two | Big Tech Captured Most of the Upside

_Unique Research · Industry · December 2, 2024_

OpenAI’s ChatGPT turns two. Bloomberg Opinion’s Parmy Olson and Carolyn Silverman (Nov 29): the biggest winners from the ChatGPT boom are global tech giants — not the “all of humanity” Sam Altman hoped for.

Since ChatGPT launched, six major tech firms’ market value rose by **$8T+** combined. From January 2022, tech drove the S&P 500 up ~30%; NVIDIA became the world’s leading chip company; Microsoft, Amazon, and Google cloud revenue surged.

Olson and Silverman: as AI-revolution hype swept markets and companies raced to stay competitive, an uneasy prospect emerged — the supposedly transformative tech may never deliver broad economic transformation, only concentrate more wealth at the top.

McKinsey expects ~40% of this year’s business to be AI-related; IBM and Accenture ride the wave. For startups and non-tech firms, capturing some return would be “healthier” — yet they face a grim path: build apps or enterprise software, then watch giants ship the same thing and squeeze them out. Building a foundational model to rival ChatGPT, Gemini, Claude, or Llama remains brutal.

**Also:** PYMNTS Intelligence finds COOs customizing GenAI for impact (_COOs Find the Key to Positive GenAI ROI: Customization_). Customization unlocks potential: **46%** of firms using customized GenAI tools report very high ROI vs. **22%** relying on off-the-shelf LLMs.

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Editorial English edition published on UniqueCapital: https://ffcap.cn/en/research/20241202a02q0500
On-site reading page: https://ffcap.cn/en/research/20241202a02q0500