INSIGHTS
An AI chatbot named ChatGpt was created by OpenAI and released in November 2022. It was developed on top of the OpenAI large language models (LLMs) from the GPT-3.5 and GPT-4 families, and it has been fine-tuned (a method of transfer learning) using both supervised and reinforcement learning strategies. Based on GPT-3.5, ChatGPT was first made available in November 2022; GPT-4, the most recent OpenAI model, was made available to ChatGPT Plus customers on March 14, 2023.
FEATURES OF CHATGPT
ChatGPT is flexible even though its primary job is to resemble human conversationalists. For instance, it may create music, teleplays, fairy tales, and student essays; design and debug computer programmes; and respond to test questions (sometimes, depending on the test, at a level above the average human test-taker) Write poetry and song lyrics, play tic-tac-toe and other board games, replicate a Linux system, and simulate an ATM. Many web pages and articles regarding internet phenomena and programming languages are included in the training data for ChatGPT.
ADVANTAGES OF CHAT GPT
1. Natural language processing (NLP) technique called Chat Gpt has recently become very popular.
Generative Pre-trained Transformer is what it stands for.
2. It is used in a variety of fields, including social media, healthcare, customer service, and financial services.
3. It is capable of having genuine dialogues with stakeholders and customers.
4. GPT can accurately respond to client inquiries and frequently asked questions (FAQs) by analysing a variety of written texts, including textual and spoken language.
LIMITATIONS
ChatGPT can communicate with people like a human, but it lacks a brain. Only questions that are direct and fall inside its definition will receive a response from the chatbot. Sometimes the response you receive will be meaningless and unimportant. So, when utilising our chatbot, everyone needs to be prepared for erroneous outcomes.
For instance, the chatbot won’t embellish an answer with comedy or emotion. It will reply to it in a formal manner and directly.
- NO DETAILED INFORMATION: While ChatGPT may answer practically all of your questions, it has been noted that it lacks specific information.
- It provides succinct responses or an overview of the subject. Its responses will occasionally contain useless fluff. It might not offer comprehensive solutions or clear explanations of the subject.
- LACK OF EXPRESSIONS: ChatGPT can respond to your inquiries, but not in an expressive manner like a human would. Since it is a machine, the chatbot cannot use emotive language. You won’t detect any emotion in the answers because of the formal tone that is maintained throughout. They will be written in simple terms.
- For example, ChatGPT will produce a poem about love as soon as you request it. Yet, the poetry won’t include any feelings or expressions.
- NO COMPLEX SOLVING MECHANISM: One of ChatGPT’s capabilities is the ability to resolve mathematical issues. Yet, if you use this feature, you’ll discover some unexpected outcomes. For instance, ChatGPT can quickly resolve straightforward addition, subtraction, division, and multiplication problems.
DISADVANTAGES OF CHAT GPT
When there are feeds in the training data, Chatgpt, a learning model, can only respond using feed data.
- ChatGPT doesn’t comprehend like the human brain, but they can also be conveyed in the response to the relevant inquiry.
- Because they can only be as accurate as the data and algorithms they are based on, some chatbot discussions may leave customers feeling confused and frustrated when they are attempting to receive assistance.
- Chatgpt is unable to manage difficult inquiries or requests.
- Because of how long it takes the programme to respond, it needs additional time to provide timely responses.
- It can end human creativity, and reduce human Intelligence, People will stop working hard, Children’s thinking capabilities can be reduced.
GOAL OF CHATGPT
1. OpenAI, a startup that does artificial intelligence research, created ChatGPT. Its goal is to create an artificial general intelligence system that is “safe and useful,” or to assist others in doing so.
2. ChatGPT has the ability to change the way business is conducted. ChatGPT may alter how time and resources are allocated due to its capacity to automate repetitive operations, provide real-time data analysis, support many languages, and enhance data accuracy.
3. They can greatly enhance customer service by responding to questions and requests of customers with promptness and personalization.
4. Marketing and sales – By helping clients through the purchasing process, chatbots can help with lead generation, prospect evaluation, and completing deals.
