India, May 8 -- The launch of ChatGPT in November 2022 took the world by storm, marking a pivotal moment in the race for artificial intelligence and AGI. Within just five days of its release, ChatGPT reached over 1 million users, an unprecedented milestone for a tech product. Developed by OpenAI, this AI chatbot captivated users with its ability to write essays, generate code and images, answer questions and more.

Since then, AI has become the most hyped buzzword in Silicon Valley and beyond. Thousands of startups have sprung up since OpenAI unveiled ChatGPT, with promises of using artificial intelligence for everything from writing code to medical and healthcare applications.

But one Silicon Valley skeptic says the AI bubble is about t...