ChatGPT gives you back your most valuable asset...but at what cost?

We've all read about it... some of us may have even used it! ChatGPT has really shown us how an AI that can deliver a precise answer in a human like response can enable us to learn faster. It's like having your own personal SME on everything worldly - without having to book a meeting!

ChatGPT has given us our most valuable asset back - TIME - but at what COST?

Think about how long it takes to book in a meeting with that expert who always seems in demand... or having to plough through website links to learn the similarities between two technology providers that do the same thing - but using different names! *cough cloud providers*

ChatGPT allows you to do it all in one place - with a conversational dialogue that almost feels human.

Pros:

1. Experts can do what they love most - skip all the basic boring questions and deliver high value on questions that are challenging and engaging. Allowing for more engaging conversations on how to serve the clients needs further.

2. ChatGPT can be used to assist some very time-consuming complex tasks across all industries - such as medical diagnosis in healthcare, financial forecasts in finance and research and development for a variety of topics.

3. Regular folk like me can get answers and summaries to fact-checking questions - and give me back time to think more broadly about topic areas.

4. We all save TIME! Imagine a chat bot using ChatGPT for customer service queries - when the query starts to become more complex - then a person can attend to their needs and feed that interaction back to the AI for learning.

Things for consideration:

1. How much is enough for you to trust it?

I asked for a summary of future tech trends and it listed some very interesting points - but I saw 2 areas that were not mentioned. One in particular was Quantum... When I asked why it wasn't included - to my surprise it apologised - and then went on to explain the trends behind Quantum.

I asked the same question again 2 weeks later on a separate account - and this time it had included Quantum in it! It's learning even as we use it now!

2. Information Bias

We all know what happened to the Microsoft AI that used Twitter to learn - it turned into a racist nightmare (power to the people ey)! GPT-3 uses 175 billion parameters to consume information... but what happens when GPT-4 comes along and has consumed 170 trillion parameters!? Informational bias may start to show up more frequently across a variety of topics. Especially if there sources of data are collected from different points of views - for example written history differs nation to nation.

3. Cost of running

As mentioned before - 170 trillion parameters alone will cause anyone to shy away from the computational costs. If anyone has been looking into cloud cost optimisation or FinOps - you'd know that the cost to store data can be staggering - especially if its being called upon from a broad set of queries. Other blogs have already said that the current version of ChatGPT-3 running on 175 billion parameters costs $3 million a month!

If you ask the AI itself, it mentions you can opt in for the pay-per-use model, or a license that gives unlimited usage. I'm sure many companies will look at ChatGPT to see how they can use its language models.

Thoughts for the future:

We all knew that AI would empower us - its amazing to see that there is enough content out there for an AI to start emulating our writing patterns whilst also giving concise answers.

Things I'm excited to see:

AI Art is already here - but I'm curious where else it will go

Creating AI generated videos - why stop at photos!

AI generated TV shows or scripts

AI generated books/novels and accounts of history

AI generated music - specifically classical

Thanks for reading - see you soon!