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Chat GPT and Its Potential Applications
Jul 2, 2024
Lecture on Chat GPT and Its Applications
Introduction to John and His Startup
John: Talented programmer
Startup goal: Connect restaurants and customers for booking and reservations with a mobile app
Challenges faced:
Difficulty forming a diverse team
Needed expertise in sales, marketing, programming, content creation, and customer support
Budget constraints
Introduction to Chat GPT
Recommendation by John's friend, Ryan
Developed by OpenAI
State-of-the-art Natural Language Processing (NLP) model
Uses neural network architecture
Can answer questions ingeniously without explicit instructions
Applications in Different Areas
Sales
Provides full-fledged sales pitches with correct prompts
Offers tips on pitching products to businesses
Removes need for extensive sales training
Customizations available upon request
Marketing
Suggests efficient marketing strategies
Educates entrepreneurs on marketing products
Provides trending keywords for SEO
Creates ad copies for websites and blogs
Programming
Assists with proofreading code and bug fixing
Offers sample code structures in various programming languages
Helps John focus on core functionality and workflow
Content Creation
Produces full-length blog posts quickly and accurately
Allows customization in length, subject, and complexity
Customer Support
Drafts complete customer service emails
Tone customization to match message nature
Serves as an efficient alternative to call centers
Limitations of Chat GPT
Trained mostly on data up to 2021
Limited knowledge of newer events
Cannot provide current date and time
Cannot perform complex contextual understanding
Accuracy of responses may vary
Cannot completely replace Google Search
Interaction with Audience
Presented a quiz question:
"Which of the following tasks cannot be carried out by chat GPT: Latest news, complex mathematical calculations, food recipes, or none of the above?"
Encouraged audience to participate in comments
Offered Amazon voucher for correct answers with reasoning
Future Prospects of Chat GPT
Holds promise for the future of AI
Potential to automate various organizational divisions
Aimed at solving today's problems with tomorrow's tools
Expected to boost productivity across sectors
Discussion prompt: How will Chat GPT benefit daily life and work?
Conclusion
Encouraged to share thoughts in comments
Request to like, subscribe, and click the bell icon for updates
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Full transcript