• 2 MIN READ
Сlosing the Deal: ChatGPT and Its Real Value in Business
April 14, 2023
Generative AI and other models are changing the AI game, taking assistive technology to a new level, reducing application development time, and bringing powerful capabilities to nontechnical users. ChatGPT is an AI-powered chatbot designed to provide task accomplishment and responses to queries. It was trained on information tanks in different languages, which makes it possible for speakers of any language to use it.
But what results can this kind of artificial intelligence produce? We have prepared a list of its most shocking skills; these will help you to save a lot of time and achieve much more.
Marketing and Sales
This chatbot is a real magic pill for content creators, designers, and sales managers. It allows you to create eye-catching images and write content for social networks and websites (including text, images, and videos). Moreover, it can analyse customer reviews, predict risks, and advise on the best scenarios for interaction with potential customers.
IT and the Law
ChatGPT can write SEO texts and programming code based on specified attributes and documentation. The AI can also calculate risks and answer complex questions, extract information from a huge volume of legal documentation, and prepare and analyse annual reports. Moreover, it can take over some management responsibilities, such as forming a list of tasks that need to be completed.
Research and Development
Medicine and science also stand to benefit from ChatGPT. AI is accelerating drug development thanks to improved disease data analysis and the further discovery of chemical structures. Writers of scientific articles and dissertations can use the bot to help them gather information and formulate ideas.
Blockchain
ChatGPT can develop algorithms for creating seed phrases and private keys for crypto wallets and can develop smart contracts such as Solidity and Rust. The neural network can also be used to develop trading and arbitrage strategies.
E-Commerce
ChatGPT can be used to create product card descriptions for online stores and marketplaces. This work may be related to SEO, inserting the right keywords, which will increase sales efficiency and help save time and money that would have gone into attracting copywriters.
Supporters of artificial intelligence say that ChatGPT will radically change many facets of our lives. For example, it may affect approaches to learning since educational institutions will have to come up with something to replace traditional essay writing.
Opponents of the introduction of ChatGPT believe that the chatbot will cause many legal issues regarding copyright infringement as it does not generate its own content. Artificial intelligence works on a database, analysing input data and attributes and generating a response based on uploaded information. Its work is partially similar to that of a copywriter or an author who conducts independent research and writes their own text. But still, this work is not authentic. By the way, we don't use ChatGPT in our articles. We hold the information that we present in high regard and appreciate the author's approach.
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