Created from artificial intelligence giant OpenAI, ChatGPT allows users to type questions using natural language to which the chatbot responds conversationally.
The mission of ChatGPT is to “develop a safe and beneficial artificial general intelligence system or to help others do so.”
It’s first version, GPT-3, is able to “generate text that can sound like a human wrote it”, while the second version, DALL-E, can create “what’s now called “generative art” based on text prompts you type in.”
Shortly after its launch, more than a million people reportedly tried out the tool, described by exerts as “a big deal”. “The tool seems pretty knowledgeable in areas where there’s good training data for it to learn from. It’s not omniscient or smart enough to replace all humans yet, but it can be creative, and its answers can sound downright authoritative,” Stephen Shankland writes.
“GPT-3, and the GPT 3.5 update on which ChatGPT is based, are examples of AI technology called large language models…they are trained to create text based on what they’ve seen, and they can be trained automatically, typically with huge quantities of computer power over a period of weeks,” as per Stephen.
However, OpenAI has warned that ChatGPT “may occasionally generate incorrect or misleading information.” “We will have to monetize it somehow at some point; the compute costs are eye-watering,” said Sam Altman, the OpenAI CEO.
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According to experts, ChatGPT “is an AI chatbot system that shows off and tests what a very large, powerful AI system can accomplish.”
That mentioned, Stephen underscores, “ChatGPT doesn’t exactly know anything… It’s an AI that’s trained to recognize patterns in vast swaths of text harvested from the internet, then further trained with human assistance to deliver more useful, better dialog.”
According to Reuters, OpenAI expects to make $200 million in revenue in 2023 and $1 billion in 2024 from the tool.
