Have you heard of ChatGPT and wondered what it is and why it’s gaining popularity? ChatGPT, short for Chat Generative Pre-Trained Transformer, is an artificial intelligence chatbot created by OpenAI, a leading AI research and development company founded in 2015 by Elon Musk and others to develop “friendly” AI. Microsoft invested $1 billion in OpenAI in 2019, and the company is currently valued at $29 billion. ChatGPT simulates and processes human conversation, allowing users to interact with digital devices as if they were communicating with a real person, similar to Siri or Alexa.
While you may not yet be ready to use ChatGPT in your business, experimenting with it can help you better understand the power of AI. You can even use it to re-write website copy or assist with tasks such as resume writing or exam testing. Best of all, the basic version of ChatGPT is currently free, and you can sign up on their website at https://opchatgpt.com/.