What Does ChatGPT Really Mean For Businesses?

ChatGPT, a new artificial intelligence chatbot, has taken the internet by storm. This tool is the latest example of AI-based tools that are augmenting the way we do business. There are many others, but natural language processing bots and generative visual AIs like DALLE•2 are advancing particularly fast. What Does ChatGPT Really Mean For Businesses? ChatGPT is a variant of the GPT (Generative Pre-training Transformer) language model that was developed specifically for generating human-like text in a conversational context. It is designed to generate natural language responses when given input from a user -- making it potentially useful in a variety of business applications where human-like conversation with customers or clients is desirable.