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Revolutionary AI Tool: ChatGPT

Feb 06, 2023

Revolutionary AI Tool: ChatGPT

What is ChatGPT?

The full form of ChatGPT is Chat Generative Pre-trend Transformer which was made by a ChatBot called Open Artificial Intelligence powered by Microsoft. Enables you to initiate conversation, If you have any questions related to absolutely anything under the sun, you can quickly expect answers in a conversational format. 

Very recently launched in 2022 on November 30th, this tool has stunned the technology industry with its close to 20 lakhs user base. One of the prime reasons that Chat GPT was the talk of the town was because it attracted over 1 million users in the first five days of its launch, greatly surpassing the numbers attained by other well-known companies like Netflix and Instagram, which took 5 and 2.5 months, respectively.

(Information source: https://www.eon8.com/chatgpt-threat-to-google/)

 

Is ChatGPT overpowering the giant search engine Google?

In the technology domain, it is critical to stay updated. To retain the present market positioning, newer technological innovations must be embraced and adopted. In a recent conversation with the media, Google’s CEO, Sundar Pichai mentioned that Chat GPT is “code red” for Google which implies they are threatened by this powerful tool. Recently google initiated massive layoffs where they fired more than 12,000 employees from their in-house research and development (R&D) division. This may or may not be due to the launch of ChatGPT, but the coincidence seems to be strong.

(Information source: https://brandequity.economictimes.indiatimes.com/news/digital/why-a-new-chatbot-is-code-red-for-googles-search-business/96720147)

Google is not taking the back seat and hence launched its own AI-powered chatbot named BARD for selective users to test at the moment (as of 7th Feb 2023). According to Google, Bard utilizes online information to display fresh, high-quality replies. LaMDA (Language Model for Dialogue Applications), Google’s language model built on Transformer, a neural network architecture, is the USP of Google’s new conversational chatbot.

(Information source: https://economictimes.indiatimes.com/news/new-updates/google-introduces-chatgpt-competitor-brad-heres-how-to-get-its-access-and-how-it-works/articleshow/97680997.cms)

Over and above conversational solutions to your questions, ChatGPT can assist its user base with many more tasks. From language translation to helping you craft a formal mail. To your pleasant surprise, you can also learn how to code a website just by questioning coding queries to ChatGPT.

 

ChatGPT - A trending Open AI platform powered by Microsoft | iDigitize Infotech LLP

(Image courtesy: https://openai.com/about/ | This image is used for information purpose only)

 

Due to their robust knowledge pool and AI response mechanism, ChatGPT is capable of giving you instant answers/responses to your questions helping you get quick responses.

 

Some of the key benefits of ChatGPT are listed below:

•Malicious Proof: Due to its open nature, ChatGPT could be threatened by malicious data attacks, which are safeguarded. Having lesser control over the responses, ChatGPT also has secured counter misuse by eliminating malicious responses and undesirable threats.
•High Relevancy: If you search for a particular topic on Google, you tend to use keywords that help google give you relevant responses. Whereas, in Chat GPT you can expect instant yet relevant responses to your query. Saving your precious time and efforts by empowering you to search with ease.
•Interactive Discussions: The ChatGPT platform is far superior to Google as it not only delivers human-style responses but also responds to your follow-ups and replies to your answers. Making it a delightful experience, ChatGPT delivers solutions with a human touch.
•Conversational Tone: The most unique feather in the cap is its conversation style. If they are unable to understand your requirement, they provoke you with more relevant questions to help them understand your query better.

 

Limitations of the Chat GPT to be aware of:

•Being a new bee in the search engine domain, ChatGPT has a dearth of data which could backfire and reduce user satisfaction.
•ChatGPT supports a massive list of languages, but prominently this chatbot is designed to understand and generate text in English. Therefore, it proves to benefit people who are proficient in the English language. However, the video will also have subtitles in other languages.
•ChatGPT is sensitive to alterations to the input phrasing or attempting the same prompt multiple times. For instance, given one phrasing of a question, the model can claim to not know the answer, but given a slight rephrase, can answer correctly.
•As long as it’s in the research phase, everyone can use this chatbot for their needs. However, OpenAI plans to monetize on this platform by offering advanced functionality like a faster response time, and availability when demand is high, the user must pay 42$ for the professional plan.

 

ChatGPT Pricing- A trending Open AI platform powered by Microsoft | iDigitize Infotech LLP

(Image courtesy: https://openai.com/about/ | This image is used for information purpose only)

 

Revolutionary AI Chatbots taking the market by storm (ChatGPT and BARE):

Taking the market by storm, this powerful AI tool seems to dominate the future of online search. Without a doubt, both these conversational chatbots are a captivating development with some of their respective perks and finest characteristics making today’s AI chatbots revolutionary.

Keeping up-to-date with technology trends iDigitize Infotech LLP, a Web development and Digital marketing agency based in Mumbai offers high-quality, IT and online marketing solutions, enabling businesses to elevate their brand value.

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