ChatGPT
Information technology - software - natural language processing - artificial intelligence - chatbots.
ChatGPT is a powerful versatile chatbot, first released in November 2022 by its developer OpenAI. One of OpenAI's investors is Microsoft.
GPT means generative pre-trained transformer model.
- Is ChatGPT coming for the treasurers?
- "It's undoubtedly the world’s most talked about technology right now, and its ability to ace exams, write screenplays, and even argue in court, has professionals from all walks fearing for their jobs.
- As with many innovations, the rise of ChatGPT, the popular artificial intelligence (AI)-powered chatbot created by San Francisco-based research lab OpenAI, has sparked widespread concerns it could replace humans with its speed, accuracy and reliability...
- [According to treasury and technology expert Rahul Daswani FCT] 'What will mostly likely happen in the short term is that you’ll be able to [set up] your treasury operating system and your own enterprise resource planning (ERP) system in a manner where you could have an AI application that provides template-based answers,' he explained.
- 'Then a human would have to [apply] some degree of judgement [and] analysis before it’s published.'”
- ACT Middle East technology conference - March 2023 - Megha Merani.
A treasurer's perspective
ChatGPT is an artificial intelligence (AI) chatbot that generates human-like text responses to questions and other inputs. GPT means Generative Pre-trained Transformer. ChatGPT’s training included working through a truly vast database of existing text.
The “transformer” element is about interpreting text. ChatGPT is the fastest-growing application ever developed, and you can try it for free, if you haven’t already. ChatGPT has treasurers thinking and talking about automation and AI. Opportunities from AI include time saving, reducing error rates and detecting fraud. Immediate risks include AI’s use by cybercriminals for more effective cyberattacks, using ever more plausible targeted text and other techniques in greater volumes.
Future hypothetical risks include a technological “singularity” when artificial super-intelligence (ASI) outstrips our human understanding and control.
See also
- Artificial intelligence (AI)
- Artificial super-intelligence (ASI)
- Bot
- Chatbot
- Data labelling
- Deep learning
- Enterprise-wide resource planning system
- Generative pre-trained transformer (GPT)
- GPT-4
- Human-in-the-loop
- Information technology
- Language model
- Large language model (LLM)
- Machine learning
- Microsoft
- Natural language
- Natural language processing
- Neural network
- Reinforcement Learning from Human Feedback (RLHF)
- Robotics
- Software
- Software robot
- Supervised learning
- Technological singularity
- Unsupervised learning
