Unveiling ChatGPT: A Down-to-Earth Approach to AI
Does anyone else struggle with new AI tools like Chat-GPT? It’s such a versatile and new concept that it’s confusing. Like all new technology, there is over-promotion and at the other extreme, fear peddlers. Find out what and how this technology works and how you can use it to your benefit.
Let’s Break Chat-GPT Down into What It Actually Is
A good first step in understanding any software is to break down exactly what it is and the primary aim of the software. For example, we can fill volumes of texts explaining what Microsoft Excel does, but the primary use is to emulate spreadsheets and to make calculations from data inputs. It does far more, but this summary is a start. Can we summarize Chat-GPT that way?
Chat-GPT is online software which takes conversational input and performs tasks to answer the users requests. It is limited to the data it is exposed to. The data and sources used are not disclosed.
To find out what it can and cannot do, you simply have to ask it. For example, if you ask it about specific stocks, it will tell you that it cannot answer. If you ask it for information about how to invest, it will give the best answers it can based on many unknown inputs it uses to form answers.