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What is CHAT GPT?

Chat GPT stands for “Generative Pre-trained Transformer,” a form of artificial intelligence (AI) that processes language and helps to create responses automatically.

Wikipedia – ChatGPT is an artificial-intelligence chatbot developed by OpenAI and launched in November 2022. It is built on top of OpenAI’s GPT-3.5 and GPT-4 families of large language models and has been fine-tuned using both supervised and reinforcement learning techniques.

In simple language, ChatGPT is an AI-powered chatbot that has been developed by San Francisco based startup OpenAI and is available for public use on web browsers. It can be used on its website which is ChatGPT is powered by LLM which is large language model. This means that chatGPT is capable of understanding human-like responses.

What is GPT chat used for?
They are capable of generating human-like text and have a wide range of applications, including language translation, language modelling, and generating text for applications such as chatbots. GPT-3 is one of the largest and most powerful language processing AI models to date, with 175 billion parameters.

Chat GPT free or paid?
Currently, ChatGPT remains free-to-use software. However, OpenAI has now announced ChatGPT Pro – a pay-to-use version with added benefits. (will cost $20 (£16) a month)

Who Built ChatGPT?
ChatGPT was created by San Francisco-based artificial intelligence company OpenAI. OpenAI Inc. is the non-profit parent company of the for-profit OpenAI LP.

OpenAI is famous for its well-known DALL·E, a deep-learning model that generates images from text instructions called prompts.

Version of Chat GPT?

Chat GPT-3.5 & GPT-4 Version :
Unlike GPT-3.5, which focuses primarily on text, GPT-4 can analyze and comment on images and graphics. For example, GPT-4 can describe the content of a photo, identify trends in a graph, or even generate captions for images, making it a powerful tool for education and content creation

How can you use it?

ChatGPT is very easy to sign up for and use, simply:
1) head over to the ChatGPT website and create an account.
2) You’ll need to wait until your account has been accepted (you can skip this step if you have an account from Dall-E 2).
3) Logging in will present you with a very simple page. You are offered some example prompts, and some information about how ChatGPT works.
4) At the bottom of the page is a text box. This is where you can ask ChatGPT any of your questions or prompts.

Advantages of Chat GPT
1) ChatGPT can create conversational AI applications like chatbots to conduct conversations with customers. This technology can analyze various types of written text, like texts and spoken language, and provide accurate responses to frequently asked questions (FAQs) and customer queries.
2) It is highly scalable and efficient, time saving, making it a cost-effective option for companies of all sizes
3) Moreover, ChatGPT uses pre-trained datasets that are already available, meaning that you do not have to invest time and resources in developing your model.
4) ChatGPT uses Natural language processing trained to process and understand natural language, making it an effective tool for communicating with people who may not speak the same language or have different communication styles.
5) ChatGPT can respond consistently to frequently asked questions, ensuring all users receive the same information.

Disadvantages of Chat GPT
1) Since the GPTs are trained through trial and error, they are only as accurate as the data and algorithms they are based on. As a result, some chatbot conversations could result in frustration and confusion for customers trying to get help.
2) ChatGPT for customer service is that they cannot handle complex questions or requests.
3) GPTs need to take the time to process and generate a response, meaning that customers may have to wait longer than they would with a human customer service agent.
4) Since GPTs are trained on specific datasets, they can only offer advice and knowledge on issues within their domain