The tool has quickly garnered a lot of attention thanks to its detailed responses across various domains of knowledge. It has also been subject to controversy, and it's not hard to see why. For example, ChatGPT is capable of composing high school and college-level essays that are indistinguishable from those written by humans. Since this is one of the most disruptive AI tools we have seen to date, I wanted to provide an explanation of the technology behind ChatGPT. And what better way to do this, and showcase the tool's incredible capabilities, than by allowing it to explain itself.

There are many others, but natural language processing bots and generative visual AIs like DALLE•2 are advancing particularly fast.

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.

Bengaluru, December 27, 2022: MIT xPRO has announced two new upskilling programs in Executive Leadership Principles and Machine Learning for Business, Engineering, and Science. Delivered through digital skills training platform Simplilearn, these programs leverage MIT xPRO's thought leadership in engineering and management developed over years of research, teaching, and practice as well as Simplilearn's dynamic, interactive, digital learning platform. The Executive Leadership Principles program is designed to enable learners to understand an array of organizational and leadership aspects. Some of the focus areas include organizational strategies and capabilities, applying influence, negotiation, conflict resolution, change management, problem solving, navigating culture and networks, as well as discovering and implementing leadership strengths. This Executive Program offers masterclasses taught by MIT faculty and instructors, assessments, case studies, and tools.

More than three-quarters of businesses with active natural language processing (NLP) projects plan to increase spending on in the next 12 to 18 months, according to new data from expert.ai, a leading company in artificial intelligence (AI) for language understanding. The finding is one of many data points culled from a recent survey and detailed in expert.ai's The report shows a burgeoning appetite for NLP-driven efficiencies that reduce costs, drive growth and offer a competitive advantage. NLP enables businesses to automatically interpret unstructured data, bridging the language gap between humans and technology. As a result, there has been an increase in use cases across business operations, ranging from marketing to finance and customer care to sales.

ChatGPT is a chatbot that can respond to user queries with summarized information in short and simple sentences. The bot can also respond to queries such as vacation plans, gifting ideas as well as business strategies in a short and concise way. In comparison, Google, the best search engine on the planet, serves users a bunch of internet links that they need to surf through to get the information they seek. The major reason Google does this is that it presents it with an opportunity to also display ad links, which results in revenue for the company. According to an Insider report, Google's ad business generated revenue of US$208 billion in 2021 alone and accounted for 81 percent of Google's earnings. The threat from chatbots A ready-to-consume format of information delivered by a chatbot is a severe threat to Google's business. In the past few weeks, users have asked ChatGPT to write up college essays for them, provide advice on coding and even serve

As technologies are becoming important assets in growth, businesses are also experiencing a burden to boost their productivity and stay ahead of the competition. And that's where Robotics Process Automation comes to their rescue. For over a decade, Robotics Process Automation (RPA) has received quite positive responses from businesses for enterprise-scale deployments. Not just it, but even its enhanced version, Intelligent Automation (IA), is showing businesses its potential to bring revolutionary transformation with its structured and unstructured data processing, machine learning, and NLP capabilities. Also, the RPA investment market is expected to grow from $10.01B to $43.53B by 2029 at a CAGR of 23.4%.

Computer vision is also referred to as artificial vision. It is considered to be a scientific discipline and includes diverse techniques to gather, process and evaluate real-world images. Then these are converted into valuable data. This way, useful information is processed in computerized form. When applied correctly it can help improve business manifolds.

As industries across the world focus on innovation in all facets of their operations today, we inhabit an era of two progressive technologies leading a revolution. These, undoubtedly, are AI & Blockchain. The onset of artificial intelligence, which mimics human intelligence to complete complex tasks, has now seeped into how we function in our daily lives. With the ever so increased rush towards digitization – more and more applications are relying on the use of AI. In 2009, when Bitcoins were launched, Blockchain moved from being a theoretical concept to a real-world use case.

Most people who own a mobile phone or have an online banking account know what facial recognition technology is even if they do not use it. With the help of artificial intelligence (AI), the software identifies or confirms someone's identity by scanning heir face. Once activated, facial recognition makes user authentication easier and faster when someone logs into a site or uses their mobile device. Unfortunately, facial recognition is not foolproof. Malicious parties continue to find ways to spoof their way past interfaces that use facial recognition and hack protected sites and devices.