The advancement of artificial intelligence (AI) has soared to new heights in the modern society that is present today. As it continues to rise, we will see advancements like never before. Consider the newest trend to hit the global market known as ChatGPT. If you’re unfamiliar with the ever-growing technology trends such as ChatGPT, that’s ok. This article is designed with you in mind. It will familiarize you with ChatGPT and help you better understand just why it is so beneficial to you, your organization, and your career. Additionally, it may even help you in your free time (through your personal life).
What Is ChatGPT?
ChatGPT is the most recognizable technology trend of this year, putting all other trends second to none. It is considered a language processing tool that is backed by artificial intelligence (AI) technology. It was created to be similar to its sibling, known as InstructGPT, but considerably more advanced in its own right. Instead, it is far more complex and impressive for even the user who is completely oblivious to the world of technology and how to operate it.
ChatGPT allows the user (operator) to have conversations, in a human-like characteristic. It has hollowed out a commotion in the world of AI, especially when it comes to automated chatbots. This technological advancement will allow you to interact in a way that is unique for each user that chooses to partake in its process. It can assist in answering questions, aiding with simple (and even complex) tasks, through the use of seamless GPT3 technology. Plus, it allows the generation of images, texts, mathematical equations, video titles, and even poetry. The algorithm is designed to be able to answer questions and respond to human feedback in a quick and seamless effort. Additionally, it can also challenge any incorrect responses and understand any mistakes it may make.
Facts About ChatGPT’s Growth
As ChatGPT continues to castrate the market for anything similar in nature, it is history in the making. Here are a few fact facts about ChatGPT:
- It is the fastest growing app of all time, across all platforms.
- ChatGPT achieved over 100 million downloads between Apple Play and Google Play Store in a mere two months’ time. Closest behind ChatGPT is TikTok, which is considered the second fastest growing app of the modern era, but still took nearly nine full months to achieve the same number of downloads.
- Any other apps have taken at least three times the amount of time as TikTok to reach anywhere near the same download numbers as ChatGPT. Instagram is an example of this. Facebook failed to reach 100 million users within the first five years in existence. Google was similar to Facebook with its numbers.
- The growth it has achieved blows all other applications of a similar nature out of the water.
- The knowledge it achieves is through OpenAI.
- When ChatGPT is asked if it is an app, it will argue that it is indeed not an app; but instead, it is actually a machine-learning model and the most advanced one of its kind.
- Microsoft is the largest investor currently in ChatGPT, which is powered through OpenAI’s GPT-3 language model.
- ChatGPT does not need to be downloaded; you may access it directly from any internet browser, whether on a mobile device or not.
What Is The Cost?
Chat GPT is a free to use application. This means that you may use it at your discretion without paying for anything extra such as the ability to code. However, there has recently been a subscription-based service called ‘Plus’ released in addition to it. This is available for users who wish to access premium content at approximately $20 per month. With the paid service, you are guaranteed quicker than average response times and other added perks. These perks are available for use even during the peak hours. Additionally, it offers entry to new updates and improvements which are constantly readily available for the user to give a whirl.
If you are not sure if the subscription service is the best route for you, then know that the free version is available to anyone who wishes to you. It proposes all the same abilities to GPT-3. If you desire the latest and greatest version of AI, then you will need to be prepared to pony up the $20 per month for the Plus service. This is the only way to access the GPT-4 model.
It is also important to note that with the free to use version, there is an additional con which may convince you to try the upgraded version. With the masses flocking to use it as soon as possible, it tends to overload the server. When this occurs, your process (or request) will not be answered and could take additional time. In addition to this, you may have to refresh it on a continuous basis until the server has a lower number of people trying to access it at a given time. This can prove time consuming and frustrating to the user who wishes to not spend anything out-of-pocket.
Humans Using ChatGPT
The GPT-3 model offers a variety of functions. As previously stated, it allows a generation of images, texts, mathematical equations, video titles, and even poetry. This means it hosts the ability to compose essays with no time or effort in comparison to the traditional methods of it. ChatGPT can even code, regardless if the user can do so or not. Most importantly, you can leverage it to have a successful career, easier personal life, and bountiful business.
5 Ways To Leverage ChatGPT For Your Organization
In our modern-day society, organizations are always seeking new and improved ways to make their organization successful, while making their stakeholders wealthy, and most importantly, their clients and/or customers happy with their services or products. Additionally, there is always a need to lower costs, generate greater revenue, and keep operations to a minimum. ChatGPT will allow your organization to do all of the above, if leveraged correctly.
Content creation is just the very beginning for what ChatGPT can do for you, as well as your organization. The following are a few ways to use ChatGPT to leverage it to achieve your business’ greatest potential.
Content creation is only the beginning. Intriguing and insightful content is of critical importance, especially when it comes to the successfulness of your organization. Undoubtedly, it is a superb and ideal way to generate leads, clients, and customers. ChatGPT can benefit your organization through the creation of blog posts, outlines, and even suggestive topics for your audience. In addition to this, it can also service your needs when it comes to images, videos, podcasts, and even music. It is the ideal way to bring your content to the next level and beyond.
Aid your clients and customers in making better informed decisions. Regardless of what product or service that your organization is offering to the masses, the majority of people will want and need to make the best-informed decision. This requires the output of thorough data. Descriptions of a product are simply not enough for the average consumer. For the number of habitual inquiries that consumers make, you can utilize ChatGPT to prepare your organization to have an answer. And not just any answer; the correct, well-researched answer than most people seek out. By inquiring what questions your customers/clients may inquire about, you can ask ChatGPT to generate the best answers. This allows your organization to be ready for customer inquiry, regardless of when it happens.
Employing ChatGPT to the advantage of social media. With the average person now spending an almost three hours on socials every single day, it is clear that this can serve as a profound advantage. Socials allow your organization to get your products and/or services out there to the masses in an easier, more efficient and widespread manner. This will assist you with gaining publicity through followers and leverage brand loyalty even more so than before. ChatGPT can assist with regular engagement and an increase in foot traffic by amping up the unique content. In addition to this, it can also generate responses to comments, questions, and other feedback.
Utilizing it to translate languages. The current society that we live in gives us access to a colossal number of apps, at a moment’s notice. Language translation tools are no exception to the matter. However, language apps alone pale in comparison to the ability of ChatGPT and its profound excellence to translate from any language within seconds. Thus, it can be used swiftly, proficiently, and with unmatched accuracy as a way to boost your organization’s ability to connect with people across the world who do not speak your native language. This will boost your communication not only with customers and clients, but additionally stakeholders, business partners, and employees.
Offer a better understanding of the market. ChatGPT hosts the ability to better understand who your target audience is, what they desire, and how to cater to that. It can help you to better understand specific trends, the market, and predict probable sales. Furthermore, ChatGPT can create surveys engineered to your brand and examine the customer responses, which will provide knowledge to your organization. That knowledge then serves as a starting location for the preferences of your good and/or services to best meet the needs of customers and clients.
Closing Thoughts
ChatGPT is the next generation of AI technology. This language model processing tool has not only taken the tech industry by storm, but it also yields the ability to boost your organization, as well as your personal and professional life. From simple abilities to complex coding, ChatGPT is a tool that the marketing is absolutely raving about and for good reason. As it continues to grow at speeds that no other application of the modern-day can compare to, it continues to break new records in an effort to become the tool that everyone needs, no matter what type of profession they specialize in. It can leverage your organization in a variety of ways, but the most noted of those being content creation, language translation, research, social media platforms, and through the experience of the customer. So, before you start a new day at work and think that ChatGPT may not be the best fit for you, I urge you to think about the fact that ChatGPT just helped me comprise this article for your benefit. What can ChatGPT do for your organization?
