ChatGPT which made its entry into the AI market in late November has quickly turned into a viral sensation. ChatGPT automatically generates text based on written prompts in a fashion that’s much more advanced and creative than the chatbots which were introduced in the past.
The technology has been developed by San Francisco-based OpenAI, a research company led by Sam Altman and backed by Microsoft LinkedIn co-founder Reid Hoffman and Khosla Ventures.
Whether it’s about Microsoft CEO Satya Nadella asking ChatGPT for the most popular south Indian breakfast items, or about alleged cyber crimes, the Artificial Intelligence bot has not failed in surprising humans with its ability to chat as conversationally as humans and has surely intrigued the netizens.
Brendan Burke, an analyst at tech industry data firm PitchBook, said a number of early-stage investors have turned their attention from cryptocurrencies and related concepts like web3 to generative AI technologies. Marc Andreessen of the venture capital firm Andreessen and Horowitz, has complained about bias in the responses of Chat GPT 3. Some users on Twitter have also complained about its inability to do basic linear algebra.
ChatGPT is essentially a variant of OpenAI’s popular GPT-3.5 language-generation software that’s been designed to carry conversations with people. Some of its features include answering follow-up questions, challenging incorrect premises, rejecting inappropriate queries and even admitting its mistakes, according to an OpenAI summary of the language model.
Regarding ChatGPT’s limitations, OpenAI said in a blog post that while the firm is working to mitigate bias problems, the software “will sometimes respond to harmful instructions or exhibit biased behavior.” However, ChatGPT’s rising popularity shows there is a segment of the population that prefers getting information via question and answers as opposed to a typical search query.