What Is ChatGPT And How AI Is Changing The World?
by Mujtaba Hussain
SRINAGAR: What is ChatGPT? A buzzword that is everywhere in the virtual world of social media giants and is discussed everywhere from schools, colleges, corporates, multinationals and news organizations. Is this really going to create an inflection in jobs?
Artificial Intelligence, Deep Learning, Machine Learning, Robotics
ChatGPT is a sophisticated Artificial General Intelligence (AGI) tool that provides intelligent solutions on a simple request. It became the fastest growing consumer app by amassing 100 million active users within two months of its launch, surpassing TikTok (9 months) and Instagram (2.5 years).
In its own narrative, 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 request, making it a powerful tool for conversational AI systems. It is based on the Generative Pretrained Transformer (GPT) language model, that is, it is trained on a large dataset of text from the Internet to generate human-like answers 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 was developed by the San-Francisco-based Start-up called “OpenAI”. Founded in 2015, the company is financially backed by hard-working Silicon Valley entrepreneurs such as Sam Altman, Elon Musk, Peter Thiel and Reid Hoffman, along with Venture Capital (VC) firms such as Khosla Ventures, Tiger Global, Andreessen Horowitz and Microsoft.
ChatGPT is fine-tuned to large amounts of data and can produce comprehensive output, just like humans. It can also answer follow-up questions. From remedies to any disease to John Keats-style poetry, to legal briefs, to errors in a computer code, to simple scripts, it can generate almost anything you could ask for.
ChatGPT has sparked 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 Dialog Applications (LaMDA). The well-known China’s Google Baidu is also launching its AI Chabot named Ernie Bot next month.
ChatGPT is like other Generative AI tools that are algorithmically trained to collect and generate new data that resembles human-generated content, including code, images, text and simulations.
The fourth Industrial Revolution will certainly create a fundamental change in the way we live, work and relate to each other. Artificial intelligence-enabled technology has been at the forefront of this revolution. AI is simply defined as the simulation of the intelligent behavior in machines and computers. AI is more than the big creatures shown in science fiction movies. It is like normally written software with exceptional capabilities like the human brain. Advanced AI programs can automatically learn new things when faced with large data sets and will perform the actions accordingly.
Although discussions about advanced artificial intelligence tools have been going on for a decade or more, ChatGPT has raised the curtain on AI for the world to understand better. According to Statista, investment in AI reached 94 billion dollars from 2015-2021 and is expected to surpass the mark of US 135 billion dollars in 2023.
ChatGPT is still in its infancy, and the end game of AI-based chatbots is hard to predict, but tech prodigies around the world believe it will cause a disruption in Big Tech, industries and the future of work.
