The opinion has become a fact. The year 2023 belongs to ChatGPT4 – a tool that started a wave of interest among users in the topic of AI on the web. What was once the imagination of filmmakers is now our reality.
ChatGPT4 has revolutionized machine learning. Already in 2 months after the official launch, it reached 100 million users. For comparison, TikTok considered a groundbreaking social platform, had to wait nine months for such a result.
If you have not yet had the opportunity to familiarize yourself with ChatGPT, in this article, you will find the answer to why you should be interested in using this tool in practice. You will also learn about the challenges facing the world of Artificial Intelligence.
Brief History of ChatGPT
ChatGPT is a product of OpenAI, founded in late 2015.
The first version of the tool was released in June 2018. The GPT series initially consisted of 117 million parameters and formed the basis for today’s version.
After GPT-1, in November 2019, OpenAI launched another update -GPT2, consisting of 1.5 billion parameters. In this release, ChatGPT has shown a substantial improvement in the ability to generate consistent, multi-paragraph text.
GPT-3 was another leap forward. From June 2020, the new AI was able to write emails, translate, and even generate programming code. The work of the tool, consisting of 175 billion parameters at that time, began to be recognized as a breakthrough technology. Entirely logical, practical and elaborate statements have become a standard that previous solutions did not provide.
Today, in the free version, we can use the tool GPT-3.5, which – we can safely admit – is a good copywriter and an intelligent conversational companion.
For more opportunities, you will pay an extra $20 monthly to use the ChatGPT-4 – which officially appeared in March this year. It quickly went viral with numerous social media posts. Users were happy to share the results of what ChatGPT-4 could do for them.
ChatGPT-4 – what makes it stand out?
ChatGPT-4 is a tool that is used primarily in professional work. By choosing the paid version, the chat is more linguistically advanced, giving wider access to communication for people worldwide.
ChatGPT-4 responses are not limited to text alone, but they also convert into interesting, inspiring images and graphics that could not be found in previous versions. The phenomenon of processing non-text information is a crucial value worth paying for.
The paid version provides access to more than 600 plugins. Why are they so important?
By connecting the plugin, ChatGPT is integrated with the specific data source so that it can respond precisely. Thus, we do not have to fear so-called hallucinations, i.e., unreal answers resulting from limited data in the free version.
With its extensive analytical capabilities and much lower risk of error, ChatGPT-4 can be treated as a private assistant. Keep in mind, however, that ChatGPT answers, while quick and comprehensive, require verification and validation.
Who uses ChatGPT?
According to the latest research published on the website Simmilarweb, ChatGPT gained over 180 million users, 15% of whom are Americans. More than 1/3 of people using this AI tool are between 25 and 34. At the age of 35 and over, interest consistently declines. In the gender category, there is no particular difference, although men are in the first place with the result – 55.06%. ChatGPT users are primarily interested in electronics, programming and broadly understood technology.
ChatGPT in e-commerce business
The appearance of ChatGPT-4 on the market was not only associated with high expectations. Great concern causes the fact of permanently memorizing the entered data. Some tech companies have banned the tool for fear that their private company code will go into the hands of OpenAI to train their future models. Nevertheless, we can observe that the temptation to reach for modern solutions wins and, what is more, it is identified with business growth.
Introducing ChatGPT to the e-commerce industry can help streamline many aspects of your business, improving efficiency, personalization, and overall customer experience.
ChatGPT can be used to create intelligent assistants that help customers with online shopping, including troubleshooting order issues. Moreover, the assistants can provide personalized product suggestions and advice on sizes, colours and styles based on the customer’s purchase history.
Similar solutions have already been used based on standard bots, however, with ChatGPT, where statements are built based on context and natural language rather than a programmed question-and-answer scheme, users’ engagement and trust in the online store increase.
ChatGPT vs. ethical and legal standards
Since the beginning of the new version of ChatGPT, it has aroused many emotions. There will also be controversies among the praise, which translate into legal and ethical correctness. Shortly after the premiere, Italy banned the use of the tool throughout the country. Concerns about OpenAI’s use of personal data did not coincide with the EU’s accepted assumptions regarding GDPR.
Although an agreement has been reached that balances promoting innovation with protecting human and business rights, the ethical aspect is still controversial.
When I asked ChatGPT about ethical and legal challenges, I got this answer:
ChatGPT lists critical, ethical challenges, which include transparency, manipulation, security, bias, fairness, and still-live user data.
ChatGPT4 is meant to serve, not harm. With such conviction, it is worth helping yourself with the solution provided by OpenAI. ChatGPT-4 is a valuable tool for work and a genuine business revolution that won’t stop until 2023. We can, therefore, confidently look into the future of intelligent development of the e-commerce industry and beyond.