When ChatGPT arrived in November 2022, it made mainstream the idea that generative artificial intelligence (AI) could be used by companies and consumers to automate tasks, help with creative ideas, and even code software.
If you need to boil down an email or chat thread into a concise summary, a chatbot such as OpenAI’s ChatGPT or Google’s Bard can do that. If you need to spruce up your resume with more eloquent language and impressive bullet points, AI can help. Want some ideas for a new marketing or ad campaign? Generative AI to the rescue.
ChatGPT stands for chatbot generative pre-trained transformer. The chatbot’s foundation is the GPT large language model (LLM), or a computer algorithm that processes natural language inputs and predicts the next word based on what it’s already seen. Then it predicts the next word, and the next word an so on until its answer is complete.