Five fundamental principles of generative AI and ChatGPT

Students are using it draft essays, therapists experimenting with it can for counselling, it is passing MBA exams with consummate ease with universities panicking and contemplating going back to handwritten exams. It seems to write instant sonnets and haikus on the Second World War, the Webb Telescope and makki-ki-roti with equal effortlessness. It has rocketed to 100mn users in a mere two months; Twitter took five plodding years and even the WWW took seven! ChatGPT is the poster boy of a larger movement in AI, called Generative AI (GenAI), sometimes also referred to as Large Language Models, Foundation Models, or Transformers. Other well-known manifestations of Generative AI are DALL E2 and Stable Diffusion which transform prompts into spectacular art, and the text-generator GPT3, which is where ChatGPT originated from. The spectacular performance of Generative AI has people wondering and whether it will replace search and fearing whether it will take away the jobs of artists, programmers, consultants, and journalists.