ChatGPT-3 The AI Revolution: With its ability to write the language and answer complex queries in a way that sounds nearly human, ChatGPT3 became the latest online hit last year.
However, the true impact of the technology, generative AI, on business is only now becoming clear, and it goes much beyond the capabilities of ChatGPT3.
Whether it’s blogs, white papers, student essays, or business contact, ChatGPT3 and its image-generating cousin Dall-E have the ability to completely alter the process of writing.
As a result, everyone who uses it can benefit from its expert-level syntax and grammar. However, this also begs some serious ethical concerns.
In the past, technology has also piqued the public’s interest. Amazon‘sAMZN virtual assistant, Alexa, has been answering inquiries through smart speakers since its commercial launch in 2014. IBM Watson made waves in 2011 when it won the television game show Jeopardy!

However, these technological fixes, which were at once heralded as game-changers, have not produced the results that many hoped they would.
Even though IBM Watson became famous around the world after winning Jeopardy!, it did not evolve into the ubiquitous problem-solving engine that was predicted by some.
However, machine learning has subsequently become the standard technique enabling most large-scale AI projects.
Similar to how deep learning neural networks were first thought of as the breakthrough multi-purpose personal assistant in the house, but have yet to completely fulfill this promise.
ChatGPT3, released in November 2022, is OpenAI’s latest offering based on GPT3, the third version of OpenAI’s Generative Pretrained Transformer big language model.
In their 2017 paper “Attention is all you need,” a Google Brain team unveiled the transformer algorithm, the backbone of the model.
Want to help make large language models like ChatGPT better? Read this. (Even better, please considering sharing).#citizenscience for #GPThttps://t.co/V3xDRPfWmy
— Gary Marcus (@GaryMarcus) January 9, 2023
To analyze input sequences of varying lengths and to learn dependencies between input parts, Transformers are an artificial neural network architecture that uses self-attention techniques (RNNs).
This makes transformers more efficient and faster to train than RNNs, which makes them especially useful for dealing with long-range dependencies and for parallelizing the training process.
OpenAI’s GPT3 surprised its creators by learning not just the English language’s structure but also those of coding languages it encountered, such as HyperText Markup Language (HTML), thanks to the model’s scalability and training on ever more data from the internet.
Upon being given a topic, it was able to produce well-organized prose and translate from English to HTML, paving the way for non-technical people to design and publish their own websites.
Deep Learning #Expert Says #GPT Startups May Be in for a Very Rude Awakening https://t.co/BST4nPIbDd #fintech #AI #ArtificialIntelligence #MachineLearning #DeepLearning #AGI #VC @mags_h11 @futurism pic.twitter.com/AJ5rt9dPUU
— Spiros Margaris (@SpirosMargaris) January 10, 2023
OpenAI’s first GPT3-based vertical release was Codex, a language translator (the basis for a coding autocompletion tool called GitHub CoPilot). The newest GPT3 offshoot is called ChatGPT3.
However, there are limitations to ChatGPT3 despite its seeming revolutionary nature. A lot of the stuff that ChatGPT3 makes up can be wrong or prejudiced (it for example told me Armenia was in the European Union).
The question of how to ensure the reliability of the data it yields is thus raised. Intellectual property raises another interesting issue.
In contrast to Alexa, ChatGPT3 does not provide attribution for the data it uses to answer inquiries. This begs the issue, “Who gets to own the data and the solutions it generates?”
ChatGPT3’s impact on internet use and student research paper writing is still unclear, but the underlying technology has the ability to disrupt industries and procedures in ways never seen before.
Generative #AI #startups were already hot with #VCs. #ChatGPT poured gasoline onto the fire. https://t.co/RIvPS7UEw2 #fintech #GenerativeAI #ArtificialIntelligence #MachineLearning #DeepLearning #OpenAI #AGI @miyadavid @BusinessInsider pic.twitter.com/FJz0LN9IIw
— Spiros Margaris (@SpirosMargaris) January 7, 2023
Generative AI has already begun to affect major businesses in ways that go well beyond ChatGPT3. Using Generative AI, the biopharma industry may rapidly produce and test millions of potential candidate compounds for treating a certain ailment.
Through scenario generation and optimization for certain limitations, it can improve supply chain processes. Experiences, content, and product suggestions can all benefit from this in marketing.
How can organization’s stay ahead of cybercriminals using #ChatGPT? @_cpresearch_ provides three case studies of threat actors using #OpenAI to develop malicious tools. Learn more to help your organization stay secure, here: https://t.co/kEy3U2Y8Au #cybersecurity #technology pic.twitter.com/A8srJ3r1kG
— Check Point Software (@CheckPointSW) January 9, 2023
It can evaluate market data, create and test hypothetical scenarios, and recommend new trading techniques in the finance industry.
No matter what happens with GPT3, Generative AI will be a revolutionary technological shift that has the potential to ameliorate some of the world’s most pressing problems, including those of education, health care, and environmental sustainability.
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