ChatGPT

 

What is ChatGPT?

ChatGPT  (Chat Generative Pre-trained Transformer)is an artificial-intelligence chatbot developed by San Francisco-based AI research company OpenAI. Released in November 2022, it can have conversations on topics from history to philosophy, generate lyrics in the style of Taylor Swift or Billy Joel, and suggest edits to computer programming code.

ChatGPT is trained on a vast compilation of articles, websites and social-media posts scraped from the internet as well as real-time conversations—primarily in English—with human contractors hired by OpenAI. It learns to mimic the grammar and structure of the writing and reflects frequently-used phrases.

Is AI going to replace jobs?

As with every wave of automation technologies, the latest will likely have a significant impact on jobs and the future of work. Whereas blue-collar workers bore the brunt of earlier waves, generative AI will likely have a greater effect on white-collar professions. A 2019 study from the Brookings Institution found that AI would most affect jobs such as marketing specialists, financial advisers and computer programmers.

Those effects will be mixed. Economists who study automation have found that three things tend to happen: some workers improve their productivity, some jobs are automated or consolidated, and new jobs that didn’t previously exist are also created.

Business Uses for ChatGPT

ChatGPT is being used as an augmented intelligence tool for a wide variety of business tasks. It is currently being used to:

• Automate the content creation process for social media posts, website articles and product descriptions.
• Build customer-facing conversational chatbots that are capable of going off script.
• Summarize and categorize customer feedback from multiple channels.
• Translate business reports and marketing deliverables from one language to another.
• Write boilerplate computer code and generic scripts.
• Translate the information contained in a table or spreadsheet into text.
• Create chatbots that support just-in-time learning for internal training programs.
• Write meta descriptions and suggest synonyms for SEO keywords.

ChatGPT Competitors:

Google Bard - a conversational AI service that delivers accurate and up-to-date answers to questions by aggregating information from the internet. Although it's not known exactly how Google's chatbot service will be different from ChatGPT, industry pundits speculate that BARD's differentiator will be that it can access current information from the internet, while ChatGPT only has access to information published before 2022.

Facebook Blender - a large language model (LLM) developed by Facebook AI. Blender is capable of performing a variety of language tasks, including answering questions, generating text and summarizing long documents.