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ChatGPT: What is OpenAI’s chatbot and what is it used for?

Within a week of ChatGPT being unveiled, over a million users had tried to make the tool talk, according to Sam Altman, co-founder and CEO of OpenAI.

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ChatGPT: What is OpenAI’s chatbot and what is it used for?

IS IT PROBLEMATIC?

As with many AI-driven innovations, ChatGPT does not come without misgivings. OpenAI has acknowledged the tool's tendency to respond with "plausible-sounding but incorrect or nonsensical answers", an issue it considers challenging to fix.

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ChatGPT: What is OpenAI’s chatbot and what is it used for?

AI technology can also perpetuate societal biases like those around race, gender and culture.

Tech giants including Alphabet Inc's Google and Amazon.com have previously acknowledged that some of their projects that experimented with AI were "ethically dicey" and had limitations. At several companies, humans had to step in and fix AI havoc.

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ChatGPT: What is OpenAI’s chatbot and what is it used for?

Despite these concerns, AI research remains attractive. Venture capital investment in AI development and operations companies rose last year to nearly $13 billion, and $6 billion had poured in through October this year, according to data from PitchBook, a Seattle company tracking financings.