Artificial Intelligence

"Generative AI is a type of artificial intelligence that creates new data, such as images, text, and music, based on patterns found in existing data. It works by learning the underlying structure of the data and then using that structure to generate new content." (onEntrepreneur, 2023). 

Sources:

onEntrepreneur. (2023, March 21). Generative AI: Meaning, types, capabilities - all you need to know. https://onentrepreneur.com/generative-ai/

ChatGPT is an advanced chatbot that was released in November 2022 by OpenAI. It uses large language models and predictive technology to recognize written prompts and generate human-like responses. ChatGPT is a type of generative AI, which means it predicts and generates the most likely responses to prompts based on its massive amount of training data. 

Currently, ChatGPT 3.5 is free upon registration. ChatGPT-4 (available via ChatGPT Plus) has a subscription fee. To use ChatGPT, click the link below. Simply type in your prompt, hit Enter, and you'll receive a response from the chatbot. 

Despite its many capabilities, ChatGPT has several limitations. Learn about some of its challenges in the video below from Bloomberg:

Common Things Generative AI Can Do:

• Generate written and visual content
• Translate text between various languages
• Summarize large amounts of text 
• Explain concepts in simple or detailed ways, depending on what you need

Common Limitations of Generative AI:

• Hallucinations (makes stuff up)
• Biases in training data can appear in AI-generated content
• Factually inaccurate responses
• Many generative AI tools don't provide sources or may create fake sources
• Ethical issues, including the creation of harmful, offensive, or misleading content