CEOs at the World Economic Forum are talking about ChatGPT-style AI in Davos 2023.

According to Reuters, Microsoft has a $1 billion investment in San Francisco-based OpenAI that it has considered raising. In a press release timed to the conference, Microsoft stated that it will be promoting ChatGPT to its clients via cloud computing.

Executives have proposed a wide range of uses for the developing technology, from use as a programming assistant to a breakthrough in the race for AI and military superiority on a global scale.

Participants at the conference who have a significant stake in the advancement of technology include Microsoft Corp., whose chief executive, Satya Nadella, is speaking at Davos on Tuesday and Wednesday.

According to Reuters, Microsoft has a $1 billion investment in San Francisco-based OpenAI that it has considered increasing. In ..

Later on Tuesday, the political world will have a chance to comment on the craze. A Sony Group Corp executive and French politician Jean-Noel Barrot were going to participate in a panel discussion about the effects of technology.

Matthew Prince, CEO of Cloudflare Inc, a company that defends websites against cyber attacks and offers other cloud services, sees generative AI as good enough to be a junior programmer or a “really good thought partner.”

In an interview, Prince said Cloudflare was using such technology to write code on its Workers platform. Cloudflare is also exploring how such tech can answer inquiries faster for its free-tier customers as well, he said on the annual meeting’s sidelines.

Alex Karp, CEO of Palantir Technologies Inc, a software provider helping governments visualize an army’s movements or enterprises vet their supply chains, among other tasks, said such AI could have military applications.

Karp told Reuters in Davos, “The idea that an autonomous thing could generate results is basically obviously useful for war.”

The country that advances the fastest in AI capabilities is “going to define the law of the land,” Karp said, adding that it was worth asking how tech would play a role in any conflict with China.

Businesses including CarMax Inc have already used Microsoft and OpenAI’s tech, such as to generate thousands of customer review summaries when marketing used vehicles. Proposed venture-capital investment has also exceeded what some startups want to take.

Such buzz carried through gatherings at Davos, like talk about a slide-generating bot dubbed ChatBCG after the management consulting firm. The service said on its website that it had too much demand to keep operating.

Generative AI is “a game-changer that society and industry need to be ready for,” stated an article on the World Economic Forum’s website.