ChatGPT has gained an extreme popularity due to its usefulness and cutting-edge technology. It managed to reach 1 million users in the matter of 5 days since it went public. It is easier to understand how mind blowing is the speed of ChatGPT spreading and development by comparing it to other worldwide known industry leaders, such as Facebook, Spotify and Netflix. It took Facebook over 10 months since the launch to cross 1 million downloads. Spotify, on the other side, managed to cross this number 5 months since the launch of the program. Finally, it took Netflix over 3.5 years to get to this point.
This article will guide you through the history of ChatGPT, its features and abilities, as well as its applicability to different business activities, sectors and industries.
SHORT HISTORY OF OPEN AI
OpenAI is an American artificial intelligence (AI) research laboratory consisting of the for-profit corporation OpenAI LP and its parent company, the non-profit OpenAI Inc. The organization was founded by Sam Altman, Elon Musk, Greg Brockman, Reid Hoffman, Jessica Livingston and Peter Thiel in San Francisco in late 2015. OpenAI is an AI research and deployment company. The company’s mission is to ensure that artificial general intelligence (AGI), highly autonomous systems that outperform humans at most economically valuable work, benefits all of humanity.
The key products developed by OpenAI are ChatGPT and DALL-E. Chat GPT is a chatbot, even though its core function is to mimic a human conversationalist, the chatbot can also write and debug computer programs, compose music, teleplays, fairy tales, and essays. DALL-E, on the other side, is a deep learning model developed to generate digital images from written language descriptions.
POTENTIAL IMPACT OF AI DEVELOPMENT
AI can easily generate images, logos and photos at incredible speed and high quality. For example, you may need a picture of a monkey playing hockey. Just by making a request “Generate a picture of a monkey playing hockey”, DALL-E will show you a dropdown of suitable pictures in the matter of seconds.
AI tools can replace or augment human writers for all types of text content. By making a request “Write a short essay on why it is important to brush your teeth twice a day”, ChatGPT or any other platform using the same technology will provide you with an essay in the matter of seconds. You can also limit the essay size by setting up a character limit for the selected AI tool.
Highly accurate predictive models can also be developed by AI with integration for wide range of sectors, industries and purposes.
Self-driving cars powered by AI technologies will lower the amount of car accidents.
Human being certainly cannot cope with management of network consisting of thousands of devices, however this can be easily done using AI tools.
Implication of AI to the big sport will advance tactics and preparation for the specific opponents and will be widely used by sports strategy experts.
TOP-5 FEATURES OF CHATGPT
1. Human-like text creation
2. Training model
3. Limitless types of content creation
4. Speed of content creation
5. Creativity of the content
IMPLICATION OF CHATGPT TO THE MOST DISRUPTIVE WORK PROCESSES
ChatGPT can be used in the variety of businesses processes in different spheres and industries, such as marketing, client support, B2B and B2C sales processes, corporate mailing, education and research.
By applying ChatGPT in their business processes, companies can not only save up the time spent on performing certain tasks, but fully replace some positions by AI powered technology.
INTEGRATION AND IMPACT OF CHATGPT BY SECTOR
ChatGPT can be integrated in nearly all possible sectors and industries. Depending on the scope of work, the level of ChatGPT integration in different industries differs a lot; however, it will grow for all industries in the future.
As illustrated, the level of ChatGPT integration in the Construction and Mining sectors is very low as compared to other industries, this is explained by the difficulty of the scope of work in these specific industries. Despite this, some functional activities even in these sectors can already be fully or partially performed by AI technology.
INTEGRATION AND IMPACT OF CHATGPT BY FUNCTIONAL ACTIVITIES
Some functional activities performed by humans, such as Customer Services and Communications, can already be fully replaced by ChatGPT.
Instead of employing a specific person responsible for customer-related feedback, companies can already implement the chatbot technology and adjust it to specific timeframes, frequencies and needs.
CHATGPT COULD OVERBEAT A LOT OF WELL-KNOWN PRODUCTS
Considering the properties and features of ChatGPT described in this article, it becomes highly probable that ChatGPT could win competition with worldwide known products.
One of the greatest advantages of the ChatGPT as compared to these products is the ability to perform a variety of tasks on a single platform. For example, if a user would like to write an article in English, they would have to use Google Search and Wikipedia for gathering the needed information, then they would have to use Grammarly for proof-reading and correcting possible mistakes. ChatGPT, on the other side, can replace these three services, and even more.
HOW WE CAN HELP YOU WITH CHATGPT INTEGRATION?
It's always a good idea to consult with experts or professionals in the field to ensure that the integration of the model into your corporate strategy development process is done correctly.
Leopolis's team of professionals in business process management can support your company in:
Get in touch with the Leopolis team, email us today: contact@leopolisgroup.com
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