The release of consumer-centered artificial intelligence (AI) systems such as OpenAI Inc.'s ChatGPT and Google's BARD will drive a decade of prosperity, driving the generative AI market to jump from $40 billion last year to $1.3 trillion in 2032. According to a new report by institutional industry research analysts led by Mandeep Singh, the industry's compound annual growth rate is likely to reach about 42% over the next ten years, first driven by training infrastructure and then by large-scale language model reasoning machines, advertising, and other services. According to the report, Amazon's cloud division, Google's parent company Alphabet Inc., Nvidia, and Microsoft, which has invested billions of dollars in OpenAI, are probably the biggest winners in the artificial intelligence boom.