by Mujtaba Hussain
SRINAGAR: What is ChatGPT? A buzzword that is everywhere in the virtual world of social media giants and is being discussed everywhere from schools, colleges, corporates, multinationals, and news organizations. Is it really going to create an inflection in jobs?
ChatGPT is a sophisticated Artificial General Intelligence (AGI) tool that gives intelligent solutions upon giving a simple prompt. It became the fastest-growing consumer application by amassing 100 million active users within two months of its launch, surpassing TikTok (9 months) and Instagram (2.5 years).
In its own narration, ChatGPT is a text-based conversational Artificial Intelligence (AI) model designed to generate natural language text that is relevant and appropriate in response to a given prompt, making it a powerful tool for conversational AI systems. It is based on the Generative Pretrained Transformer (GPT) language model, i.e, it has been trained on a large data set of text from the internet to generate human-like responses to various types of questions.
ChatGPT is a Large Language Model (LLM) based AI platform integrated with the messaging platform. It can generate text with a simple query. It is developed by the San-Francisco based Start-up called “OpenAI”. Founded in 2015, the company is financially backed by hard-hitting entrepreneurs of Silicon Valley like Sam Altman, Elon Musk, Peter Thiel, and Reid Hoffman along with Venture Capital (VC) firms like Khosla Ventures, Tiger Global, Andreessen Horowitz, and Microsoft.
ChatGPT has been fine-tuned on vast amounts of data and can produce comprehensive output much like human beings. It can also answer follow-up questions. From remedies to any disease to poetry in the John Keats style, to legal briefs, to bugs in a computer code, to simple scripts, it can generate almost anything you could ask for.
ChatGPT triggered a new race in the development of Artificial Intelligence. Many Tech giants are betting billions to create their own chatbots. Google announced its own AI Chabot called Bardu, powered by Google’s Language Model for Dialogue Applications (LaMDA). Famously known China’s Google Baidu is also launching its AI Chabot called Ernie Bot the next month.
ChatGPT is like other Generative AI tools trained algorithmically to collect and generate new data that resembles human-generated content, including code, images, text, and simulations.
The fourth Industrial Revolution is bound to create a fundamental change in the way we live, work, and relate to one another. Artificial Intelligence enabled technology has been at the forefront of this revolution. AI is simply defined as simulating the intelligent behaviour in machines and computers. AI is more than the behemoth creatures shown in Science fiction movies. It is like normally written software with exceptional capabilities like the human brain. Advanced AI programmes can learn new things by themselves when catered to large data sets and will execute the actions accordingly.
Although discussions about advanced Artificial intelligence tools have been going around for a decade or more, ChatGPT became the curtain raiser to AI for the world to understand it better. According to Statista, investment in AI reached 94 billion dollars from 2015-2021 and is expected to exceed the mark of US 135 billion dollars in 2023.
ChatGPT is still in its infancy stage, and the endgame of AI-based chatbots is difficult to predict, but tech prodigies all over the world believe that it will create a disruption in Big Tech, industries, and the future of work.