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OpenAI: a PESTLE analysis of factors influencing ChatGPT's business growth

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  • Priyanka Bhaskar
  • Neha Seth

Abstract

The generative pre-trained transformer is a large language model developed by OpenAI (San Francisco, California). ChatGPT is an advanced AI-powered chatbot that was educated using a massive database of human conversations. OpenAI's founders recognised the potential for AI to benefit society but were aware of the potential risks. ChatGPT offers transformative potential since it combines two state-of-the-art AI and NLP technologies. OpenAI investigates more areas of AI and experiments with more approaches to AI development. PESTLE analysis is a high-level method for considering potential influences on ChatGPT. OpenAI faces risks from various sources due to its global scope, including political, economic, social, technological, legal, and environmental. OpenAI is a research facility to maximise the positive effects of AI while minimising its negative ones. It has expanded the availability of AI, and pushed the technology's boundaries while emphasising its potential for good in the world.

Suggested Citation

  • Priyanka Bhaskar & Neha Seth, 2025. "OpenAI: a PESTLE analysis of factors influencing ChatGPT's business growth," International Journal of Business Forecasting and Marketing Intelligence, Inderscience Enterprises Ltd, vol. 10(2), pages 185-198.
    • Handle: RePEc:ids:ijbfmi:v:10:y:2025:i:2:p:185-198
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