TECHNOLOGY: Why OpenAI’s ChatGPT Is Such A Big Deal – video

OpenAI, which Elon Musk helped to co-found back in 2015, is the San Francisco-based startup that created ChatGPT.

The company opened ChatGPT up for public testing in November 2022. In under a week, the artificial intelligence model amassed over a million users, according to OpenAI’s CEO, Sam Altman. By the end of January, ChatGPT was averaging about 13 million visitors per day. Users have had ChatGPT write everything from essays, to lyrics and even correct computer code. ChatGPT is part of a growing field of AI known as generative AI, which allows users to create brand new content including videos, music and text. But generative AI still faces a number of challenges, such as developing content that is inaccurate, biased or inappropriate.

Now enterprises and the public are wondering what wide access to AI will mean for businesses and society. Chapters: 00:00 — Intro 01:36 — Chatting with ChatGPT 03:03 — Understanding ChatGPT 06:39 — Use cases and limitations 10:09 — Future implications

Post a comment or leave a trackback: Trackback URL.


  • Clyde Duncan  On 02/09/2023 at 3:51 pm

    The Battle For Internet Search

    Will the AI chatbots eat Google’s lunch? – The Economist

    For more than 25 years, search engines have been the internet’s front door. AltaVista, the first site to allow searches of the full text of the web, was swiftly dethroned by Google, which has dominated the field in most of the world ever since. Google’s search engine, still the heart of its business, has made its parent, Alphabet, one of the world’s most valuable companies, with revenues of $283bn in 2022 and a market capitalisation of $1.3trn. Google is not merely a household name; IT IS A VERB.

    But nothing lasts forever, particularly in technology. Just ask IBM, which once ruled business computing, or Nokia, once the leader in mobile phones. Both were dethroned because they fumbled big technological transitions. Now tech firms are salivating over an innovation that might herald a similar shift — and a similar opportunity. Chatbots powered by artificial intelligence (AI) let users gather information via typed conversations. Leading the field is Chatgpt, made by Openai, a startup. By the end of January, two months after its launch, Chatgpt was being used by more than 100m people, making it the “fastest-growing consumer application in history”, according to UBS, a bank.

    AI is already used behind the scenes in many products, but Chatgpt has put it centre stage, by letting people chat with an AI directly. Chatgpt can write essays in various styles, explain complex concepts, summarise text and answer trivia questions. It can even (narrowly) pass legal and medical exams. And it can synthesise knowledge from the web: For example, listing holiday spots that match certain criteria, or suggesting menus or itineraries. If asked, it can explain its reasoning and provide detail. Many things that people use search engines for today, in short, can be done better with chatbots.

    Hence the flurry of announcements, as rival firms try to seize the initiative. On February 7th Microsoft, which has invested more than $11bn in Openai, revealed a new version of Bing, its search engine, which incorporates Chatgpt. Satya Nadella, Microsoft’s boss, sees this as his chance to challenge Google. For its part, Google has announced Bard, its own chatbot, as a “companion” to its search engine. It has also taken a $300m stake in Anthropic, a startup founded by ex-Openai employees, which has built a chatbot called Claude. The share price of Baidu, known as the Google of China, jumped when it said it would release its chatbot, called Ernie, in March.

    But can chatbots be trusted, and what do they mean for search and its lucrative advertising business? Do they herald a Schumpeterian moment in which AI topples incumbent firms and elevates upstarts? The answers depend on three things: MORAL CHOICES, MONETISATION AND MONOPOLY ECONOMICS.

    Chatgpt often gets things wrong. It has been likened to a mansplainer: Supremely confident in its answers, regardless of their accuracy. Unlike search engines, which mostly direct people to other pages and make no claims for their veracity, chatbots present their answers as gospel truth. Chatbots must also grapple with bias, prejudice and misinformation as they scan the internet. There are sure to be controversies as they produce incorrect or offensive replies. Google is thought to have held back the release of its chatbot over such concerns, but Microsoft has now forced its hand. Chatgpt already gives answers that Ron DeSantis, Florida’s governor, would consider unacceptably woke.

    Chatbots must also tread carefully around some tricky topics. Ask Chatgpt for medical advice, and it prefaces its reply with a disclaimer that it “cannot diagnose specific medical conditions”; IT ALSO REFUSES TO GIVE ADVICE ON, SAY, HOW TO BUILD A BOMB. But its guardrails have proved easy to circumvent – For example, by asking for a story about a bombmaker, with plenty of technical detail. As tech firms decide which topics are too sensitive, they will have to choose where to draw the line. All this will raise questions about censorship, objectivity and the nature of truth.

    Can tech firms make money from this? Openai is launching a premium version of Chatgpt, which costs $20 a month for speedy access even at peak times. Google and Microsoft, which already sell ads on their search engines, will show ads alongside chatbot responses — ask for travel advice, say, and related ads will pop up. But that business model may not be sustainable. Running a chatbot requires more processing power than serving up search results, and therefore costs more, reducing margins.

    Then there is a question of competition. It is good news that Google is being kept on its toes by upstarts like Openai. But it is unclear whether chatbots are a competitor to search engines, or a complement. Deploying chatbots initially as add-ons to search, or as stand-alone conversation partners, makes sense given their occasional inaccuracies. But as their capabilities improve, chatbots could become an interface to all kinds of services, such as making hotel or restaurant reservations, particularly if offered as voice assistants, like Alexa or Siri. If chatbots’ main value is as a layer on top of other digital services, though, that will favour incumbents which provide such services already.

    Yet the fact that today’s upstarts, such as Anthropic and Openai, are attracting so much attention (and investment) from Google and Microsoft suggests that smaller firms have a shot at competing in this new field. They will come under great pressure to sell. But what if an upstart chatbot firm develops superior technology and a new business model, and emerges as a new giant? That, after all, is what Google once did. Chatbots raise hard questions, but they also offer an opportunity to make online information more useful and easier to access. As in the 1990s, when search engines first appeared, a hugely valuable prize — to become the front door to the internet — may once again be up for grabs. ■

  • wally  On 02/09/2023 at 5:25 pm

    There will always be a problem with every “great” invention human interference, today it is even worse, with the barriers to open minds. Most of these inventions were created with less barriers. In the late seventies, my buddy and his fellow doctorates (??) were asked to come to a conclusion on “What could be the downside for self driven automobiles?” they came up with “Tinkering” ….getting there??

    • Bernard  On 02/14/2023 at 10:24 pm

      Can we please get an update on Cyril’s health?

      • guyaneseonline  On 02/14/2023 at 11:38 pm

        Bernard … and other readers.

        Cyril’s health is fine and he is feeling better every day… no problems.
        He is taking some time off to see what direction Guyanese Online should take now that its original focus of Guyanese Associations is less.
        Social Media developments has made it easier for organizations to advertise.
        … Cyril

      • Bernard  On 02/14/2023 at 11:58 pm

        Thank you!

      • Clyde Duncan  On 02/15/2023 at 9:40 pm

        Thanks, Bernard!! I shared your concerns ….

  • wally  On 02/15/2023 at 3:20 pm

    Without any inside information.. I think Cyril should start carrying commercials..maybe Guyanese Product and services, everyone makes money, then hire (part time) some IT students to handle the load and start reviewing articles from around the world, that carry information pertaining to Guyana/Guyanese..

    • guyaneseonline  On 02/20/2023 at 2:53 am

      Hi Wally:
      Thanks for your input.
      Please let me know If you would like to implement some of your ideas.
      After 14 years, it is time for me to pass the baton to someone else.
      all the best o you and all readers.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: