ChatGPT

In its own description, ChatGPT is “an AI-powered chatbot developed by OpenAI, based on the GPT (Generative Pretrained Transformer) language model. It uses deep learning techniques to generate human-like responses to text inputs in a conversational manner.”

ChatGPT is powered by a large language model, or LLM, meaning it’s programmed to understand human language and generate responses based on large corpora of data.ChatGPT’s LLM is called GPT-3.5. It is an upgrade of OpenAI’s GPT-3 language model.With a whopping 175 billion parameters, GPT-3 is one of the largest and most powerful language processing AI models to date. ?ChatGPT so impressive is its ability to produce human-like responses, thanks in no small part to the vast amounts of data it is trained on.exciting is that the responses are more and more human-like, so what you’re seeing is things that we did not think computers could do before,”

Another thing that differentiates ChatGPT is its ability to log context from users’ earlier messages in a thread and use it to form responses later in the conversation.

ChatGPT has its limitations. Responses from the chatbot can contain factual inaccuracies. For example, it can invent fictitious historical names and books that don’t exist, or fail to solve certain math problems.

“The open-ended aspects of these models are a double-edged sword,” Will Williams, vice president of machine learning at British AI startup Speechmatics, told CNBC.“On the one hand, there’s a high level of flexibility and fluidity in interactions, and an engaging conversation is possible on almost any topic. On the other hand, you never quite know when the model is making contact with reality and not over-confidently hallucinating.