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Artificial Intelligence is roaring globally and chatbots are gaining traction. As per a global survey by LivePerson, 38% of the consumers when surveyed delivered a positive response about their view on chatbots. While 51% of the users were neutral, the remaining 11% expressed negative views. There has been a worldwide fear of AI and its upcoming takeover of the world. But nobody knew that it would begin with the field of literature and art. OpenAI was already dominating the web with its AI text-to-image generator Dall-E 2, and now it has stunned the world with ChatGPT – the viral AI tool.
There must be a plethora of questions in your mind about this viral sensation like What is ChatGPT, How does it work, Will it kill Google, Why is Microsoft investing in it? Fret not, just fasten your seat belt and let us go over the detailed guide on ChatGPT – the viral baby.
What is ChatGPT?
ChatGPT is an NLP (Natural Language Processing) model launched by OpenAI with an attempt where “chatting” with an AI chatbot feels more natural and smoother. Basically, it can (almost) hold a conversation. You can ask your questions to the AI in an instant message-like feature, exploring the knowledge model holds. ChatGPT also known as the conversational AI tool tries to imitate the conversation pattern and answer your questions in full sentences. However, be aware of the answers which are not always correct. So, ChatGPT just gathers all the knowledge available on the web, associated with training from humans only, and has no such own personality.
When you ask the model how it’s feeling, it will answer “As a machine learning model, I do not have feelings. I am built to process and generate text based on the inputs I receive.”
Additionally, the company’s CEO himself stated in a tweet, it costs an “eye-watching” amount to run the tool and it can get stuck on certain phrases, including reminding you that it is what it says it is. The company also mentioned, “The model is often excessively verbose and overuses certain phrases, such as restating that it’s a language model trained by OpenAI”.
However, the ChatGPT was launched on November, 30th, 2022, and surprisingly, it crossed over 1 million sign-ups in just 5 days of its launch, making it the talk of the digital world.
What is GPT-3?
GPT-3 (Generative Pretrained Transformer) is a state-of-the-art language processing AI model built by OpenAI. It can create human-like text and consists of several applications like language modeling, language translation, and chatbots. However, it is one of the heftiest and most robust language processing models of AI, with around 175 billion parameters.
Majorly, it’s been used in developing ChatGPT. In easy words, GPT-3 chatbot lets you write prompts of your choice to a trained AI chatbot. You can ask questions, and request essays, poems, and whatnot.
Who’s behind this Conversational AI tool?
You must have heard of OpenAI due to Elon Musk being a founder. The company was launched in 2015 by Elon Musk, Greg Brockman, Wojciech Zaremba, Ilya Sutskever, and Sam Altman. Elon musk later decided to step down from the board in February 2018 to keep himself away from any potential future conflict with Tesla, being his utmost priority at the moment. Yet, he chose to stay as the donor of OpenAI.
Currently, the CEO of OpenAI is Sam Altman, who is an American programmer and entrepreneur. He is also the former president of Y Combinator. The Y Combinator is a flourishing technology startup accelerator that has helped in the launch of thousands of companies such as Dropbox and Airbnb. There’s an AI product named DALL-E by OpenAI, which makes images from textual descriptions.
Features of ChatGPT
- Gives dynamic responses.
- Answer almost everything you ask.
- Deliver in-depth responses.
- Communication is conversational and easy to understand.
- Produces comparative data and ranking-based answers.
- It relies on more than 300 billion words being fed to its database.
- Learning consistently even as it is giving responses, and it gets trained to give better responses each time.
How does it work?
Distinct from some conventional NLP models that are dependent on hand-crafted rules and labeled data, ChatGPT uses a neural network frame and unsupervised learning to form responses. So, this tells us that the AI chatbot tool can learn to form responses without being told what the right response is, which eventually makes it a demanding and robust tool for operating conversations.
Now, you must be thinking about how this tool creates responses, right? Basically, it uses a multi-layer transformer network, which is a kind of deep learning AI architecture that is known to impressively process natural language. Going ahead, the model initially gathers input sentences, processes them with the help of the knowledge it holds, and then forms a response that is suitable to the input.
The prime facet that ChatGPT is known for is its ability to form responses that match the context of the conversation. This explains that the AI chatbot tool has the power to understand the conversation flow and form responses that go naturally with what has been asked earlier. Thus, makes this tool is a savior for jobs like chatbots for customer service, where the requirement is handling a broad range of questions and follow-up questions without running out of the context boundary.
Besides creating responses, the chatbot can also handle a variety of NLP tasks, like text summarisation, sentiment analysis, and language translation. No wonder it’s a versatile AI tool that you can use for many applications.
All-inclusive, ChatGPT is indeed a robust NLP model which can form responses based on provided input. Its proficiency in deeply understanding the conversation context and creating responses makes it a useful and productive tool for us.
Will ChatGPT Kill Google?
Google already has its own AI chatbot known as LaMDA and its performance is almost near to a human conversation claimed by a Google engineer. With the knowledge that these large language models can answer a plethora of questions, is it unconvincing that a company like Microsoft or OpenAI would one day replace conventional search with an AI chatbot?
Many people have already made their decision on Twitter that ChatGPT will be the next Google. It can assist you to ask questions to a chatbot and get prompt responses. Google helps the users visit with links to websites it thinks to be relevant along with its own answers to the queries of the users. Besides, ChatGPT answers overtake the recommendations of Google as it has its own well-trained AI algorithms.
Yet, before completely relying on ChatGPT responses, you should confirm the information received from authentic sources. All this verification process of the ChatGPT responses takes effort and time as unlike Google, ChatGPT gives raw text without links or references.
Furthermore, as ChatGPT is growing, Google is also constructing its large language models and using AI at the core of its search algorithms.
Thus, believing that ChatGPT will kill or replace Google sounds a bit dubious, but yes it’s surely presenting a way toward it.
How you can use ChatGPT?
Apart from responding to our queries, ChatGPT can be used in the following ways:
1. Content Creation
You can use ChatGPT for creating any form of content, as it can easily deliver content based on a prompt. For instance, the AI tool can write an essay based on your command. Thus, ChatGPT can help you garnish your writing with some elegance and fulfill your tasks.
2. Make AI Art
With the arrival of DALLE-2 and other artistic AI tools, you can create artistic images with a text command. Going on, ChatGPT has massive potential to create proper detailed Augmented Reality (AR) scenarios, when commanded.
3. Operate and Manipulate Data
You might be aware that unstructured data is difficult to sort, manage, and organize, turning it unuseful. With ChatGPT, now you have a rescue plan as the AI chatbot tool can convert this unstructured data into a structured format by manipulating it. For example, you can use the chatbot to add data to a table, understand JSON queries, and make indexes.
4. Writing and debugging code
This is no surprise this chatbot can process your code, write code, and help developers in every way to debug code. For instance, if you face trouble generating SQL queries, the chatbot can do that for you. Also, you can use the AI tool to hone SQL skills which can upscale your career to new heights.
5. Explain things and Teach
It’s impressive that an AI tool can explain words, physics, code, solve maths questions, and whatnot. Embedded with tutor capabilities, the ChatGPT can evolve more in the future and change the way, students interact with the world. Resulting, the education industry will be impacted a lot by ChatGPT. Also, some edTech companies can now teach the basics to their students and use this AI tool as a platform to clear their doubts.
Microsoft’s Big Bet on ChatGPT to Dominate AI ecosystem
When ChatGPT went viral, people across the globe got worried they are now dealing with a new artificial intelligence technology that could destroy their businesses.
But, it’s not the same at Microsoft, they made it a cause to celebrate. Microsoft invested a whopping $1 billion in OpenAI in 2019. In the upcoming years, it silently invested another round of $2 billion, told by two individuals familiar with the investment who asked for anonymity.
Now, Microsoft has come forward to challenge Big Tech Titans like Apple, Google, and Amazon with a technological benefit. The investing game is not yet over, Microsoft is in talks to invest $10 billion more in OpenAI as it strives to scale its technology ahead.
Advantages of ChatGPT
1. Makes you productive
Getting in contact with AI can multiply your productivity. ChatGPT has answers on almost any of your topics. While searching on Google, you first write your request and then have to yourself check the relevant one and analyze it. That entire analysis process gets churned out with ChatGPT.
2. Easy usage
You don’t have to be an expert at something to use ChatGPT. Just enter your prompt in the text box and click on generate. This AI tool got famous due to its easy usage.
3. Great at code generating
Well, this is not the popular demand among the big segment of users, but ChatGPT can generate code. For instance, you put a query to generate a code for the rotating cube that you could use for your website, and in split seconds you will get a code along with the text description.
Limitations of ChatGPT
1. Limited knowledge
GPT is a language model which is trained on a huge data set, yet the training process takes a lot of time and is expensive. So, OpenAI had to train GPT-3 one time and ChatGPT runs using the snapshot of data back from 2021. Thus, it doesn’t know that Argentina won the FIFA world cup 2022 and it cannot analyze the web so fast.
2. Incorrect Facts
You can experience ChatGPT failing in certain situations like when you ask “what’s heavier: a kilo of air or a kilo of water?” You might expect it will tell exactly the number instead it fails here as it’s a bit tricky. Resulting, now it’s clear that ChatGPT shouldn’t be used for tasks that need factual correctness.
3. Incapable of solving simple logical questions
It happens sometimes that the AI tool fails to solve simple puzzles. For instance, you ask “Which animal is hiding inside these letters – L P H N?”. Most kids know that the answer is an elephant but ChatGPT has no answer to it.
4. Usually sounds formal and verbose
The chatbot uses many words when it responds to our queries. We sometimes want only short answers, but the tool writes long paragraphs and a few words are reused in those paragraphs.
5. Computational cost is high
The chatbots like these consume a lot of computational power and you would be shocked to know that ChatGPT’s running cost is $100,000 a day. So, it’s possible that the tool can serve a few million daily users, yet scaling it to billions of people is still a daunting task and expensive too. Besides, a single AI answer costs more than 10 normal Google search results.
Time took ChatGPT to Reach 1 million users
It is noteworthy that it took ChatGPT, the viral sensation AI tool only 5 days to reach 1 million users.
However, there is a record of other applications as well in comparison to ChatGPT:
- Netflix – 3.5 years
- Facebook – 10 months
- Spotify – 5 months
- Instagram – 2.5 months
- ChatGPT – 5 days
The Burning Question – Is ChatGPT Perfect?
Nothing is perfect, but we can conclude it’s just the start. ChatGPT is limited and it can give wrong information too, so does it tells you it’s overhyped? No. It’s the first successful attempt to bring AI tools into the world to solve the real problems of users. And the sky is the limit when it comes to AI.
If you are looking to use ChatGPT for your business purpose, ensure that you have understood about the AI tool above in detail. Contact us today to learn more about our digital transformation services and how we can assist you commence your journey to a successful future.