ChatGPT is an artificial chatbox developed by an open AI launched last year in November by the American company OpenAI.
The Chatbox became popular among netizens with concerns that it is nearly impossible to distinguish humans- from ChatGPT-generated writing.
The software allows users to ask questions using conversational or natural language that allows a user to ask it questions using conversational, or natural, language.
It has garnered attention for its detailed responses and articulate answers across many domains of knowledge.
Chat GPT has an accuracy of 85+ %, which is a good percentage.
This matters because it can help to make intelligent people even more intelligent, rather than replacing them.
Here's the catch: ChatGPT doesn't exactly know anything. It's an AI that's trained to recognize patterns in vast swaths of text harvested from the internet, then further trained with human assistance to deliver more useful, better dialog.
The ability of ChatGPT to understand and respond to human emotions is one of the main reasons for its popularity.
It can detect hints such as the tone of voice and body language and adjust its responses accordingly.
This contributes to a more authentic and significant conversation experience with users.
ChatGPT can serve as a virtual tutor that helps students revise for an exam.
It can check facts and grammar in writing assignments. Students can ask ChatGPT to find unnecessary “fluff” in an essay, or they can ask how to improve their paper for a target audience.
Businesses can automate repetitive tasks, improve customer engagement, and respond to complex search queries with accuracy and efficiency.
This tool has the potential to save businesses billions of dollars in frustrated customer costs, as well as time and resources spent on content creation.
Additionally, its natural language processing algorithms allow it to understand human-like text which allows businesses to provide a more personalized user experience.
By leveraging machine learning technology, it provides an extensive range of benefits that can vastly improve customer satisfaction.
Facts about ChatGPT
Owned by - OpenAI
Headquarters - Pioneer Building in Mission District, San Francisco
Launch Date - 30 November 2022
Userbase Count - Over 100 Million
Knowledgebase - Till Sept. 2021
Daily Users - 13 Million
Model Fine-tuned - GPT-3.5 (text-DaVinci-003)
Dataset Size - 570 GBs; 175 Billion Parameters
Queries Per Day - 10 Million Approx.
Cloud Infrastructure - Microsoft Azure
Forecasted Revenue – Sh26 500 000 000 ($200 million) by the end of 2023