Investors Going Crazy Over ChatGPT-Inspired AI - Credit: The Economist

Investors Going Crazy Over ChatGPT-Inspired AI

Investors are Going Nuts for ChatGPT-ish Artificial Intelligence

Artificial intelligence (AI) is becoming increasingly popular among investors, and the latest trend in this field is a type of AI called “ChatGPT-ish”. This technology has been gaining traction due to its ability to generate natural language conversations with humans. It can be used for customer service, virtual assistants, or even as an automated chatbot on websites.

The concept behind ChatGPT-ish AI is based on a deep learning model known as GPT-3 (Generative Pre-trained Transformer 3). This model was developed by OpenAI, a research lab founded by tech entrepreneur Elon Musk and other leading figures in the industry. The goal of GPT-3 was to create an AI system that could understand natural language and generate responses accordingly.

The success of GPT-3 has led to the development of similar models such as DialoGPT and Grover from Microsoft Research Labs, which have also seen significant interest from investors. These models use large datasets to learn how people communicate with each other so they can respond appropriately when asked questions or given commands. They are able to do this without needing any additional programming or training data beyond what they already know about human conversation patterns.

This new wave of AI technology has attracted attention from venture capitalists who see potential applications across many industries including healthcare, finance, retail, education and more. For example, companies like HealthTap are using DialoGPT for their virtual assistant platform while financial institutions like Bank of America are exploring ways to integrate Grover into their customer service operations. Additionally, retailers such as Walmart have started experimenting with chatbots powered by these technologies in order to provide better customer support experiences online and offline alike.

In addition to being used for commercial purposes, these types of AIs can also be employed in educational settings where students interact with them through conversational interfaces instead of traditional textbooks or lectures alone; this allows students access personalized instruction tailored specifically towards their needs at any given time during class hours without having instructors present physically all the time . Furthermore , it opens up opportunities for teachers too since they will no longer need spend extra time preparing lesson plans but rather focus on providing guidance whenever necessary .

Overall , there’s no doubt that ChatGpt – Ish artificial intelligence holds great promise not only within business contexts but also within educational ones . As more organizations continue investing resources into developing these kinds of technologies , we should expect further advancements over time that will make our lives easier both professionally and personally . With its potential applications ranging from customer service automation all the way up to personal tutoring sessions , it’s clear why investors have gone nuts over this form artificial intelligence .

Original source article rewritten by our AI:

The Economist




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