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How ChatGPT is taking over the tech world

How ChatGPT is taking over the tech world

How ChatGPT is taking over the tech world - Hashtag Magazine

ChatGPT has become a hot topic of discussion for the past few months, with over 100 million users within two months of its launch. It became the fastest-growing app in the world. The AI-based chatbot was developed by a company named OpenAI which is backed by Elon Musk, and has abilities like writing long codes, and text content like essays, emails etc., within a couple of seconds. Recently, OpenAI introduced an updated version of ChatGPT which is the GPT-4 and it brought about further improvements compared to the previous version. Now that the use of AI has increased rapidly, the threat of AI-based software and robots replacing humans from their jobs has also started becoming a concern. Aniket Pande from BlazeTechnica gives a brief about all the advancements going on in ChatGPT and how the future of the tech industry would be along with these AI-based chatbots.

What is GPT-4 and how can it benefit our lives?

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GPT-4 is the latest version of OpenAI’s ChatGPT and it has a lot of improvements like a better- responding interface, image input along with text just like Google lens and a more human-like natural conversational style. GPT-4 is also capable of handling and processing over 25,000 words of text which allows a lot more use cases like long-form content creation, extended conversations, document search and analysis and more. These are the kind of features which are very beneficial from an end-user perspective as they add a lot more convenience to our lives. 

From a business use case side, ChatGPT can benefit in even more areas like Customer Support where AI-based chatbots can provide 24/7 support to customers by answering to their queries, Healthcare services where the chatbots can provide personalised medical advice to patients based on their past treatment records, Sales and Marketing where chatbots can help in generating leads and also run online marketing campaigns, targeting ads to people falling under a common interest group. Even in the IT sector, ChatGPT can help in automating the recruitment process. Integrating ChatGPT in CRM (Customer Relationship Management System) can help get real-time insights into customer behaviour and market trends. However, the use cases are endless and we are surely going to see Artificial Intelligence playing a huge role in revolutionising the tech industry in next couple of years.

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Is ChatGPT going to steal our jobs?

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Source: Built In

With the rapid growth of ChatGPT technology, there are a lot of rising concerns about AI-based chatbots replacing human employees from their jobs. Well to an extent, AI will surely take up a few job roles in which tasks are repetitive and businesses will adapt to AI-based chatbots for cost-effectiveness, but eventually, it will also result in a lot more new job opportunities which will be related to data and artificial intelligence. The world will change but it will be all about upskilling ourselves with time. ChatGPT is indeed a very powerful tool which can help in automating conversations and getting a few things done quickly through its algorithm but still, it cannot replace the creative and out-of-the-box thinking of a human mind.

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