Our previous Blog article introduced you to ChatGPT, the AI tool that has created a huge buzz. Now that it has been tried by many folks, including the TREND TEAM, we can now share our impressions and further thoughts.

The first step is to get on the system to try it out. The instructions at this website are clear, and work well – – chat.openai.com.

There may be some delay in getting on board if the system is extremely busy, but we managed to get going in moments almost every time.

The next step is to ask a question or ask for help, which usually elicits a very quick response from ChatGPT, again, depending on system load. Before going online, we recommend that you put some effort and thought in what you want to say or ask. The interaction with ChatGPT will go quickly, as the answers come fast. When you’re there it may feel like you should make it worth your while, but maybe you just want to have some fun, and either approach is ok. We suggest being prepared before you get online, otherwise you may end up just sitting at your keyboard passing time while you think of what to ask next. But don’t worry about that too much, as ChatGPT is polite and courteous – – we think it must be part Canadian, eh.

A cool feature is that you can ask ChatGPT to regenerate the answer many times by clicking on the “regenerate” button, and each regenerated response will be different, adding in and/or taking away information from the previous response. ChatGPT keeps track of the generated responses and you can revisit any of them whenever you wish. Another habit of ChatGPT is that it will frequently remind you that it is an AI program, with no emotions, no physical location, and for the most part no built-in biases. It is probably impossible to completely avoid all bias after ingesting the gigantic raft of information that ChatGPT gleans from the internet. Given the large amount of data ingested, it is not hard to understand that ChatGPT just might not be totally accurate with some answers. Try asking it how the weather is at its location.  The answer is perfect – it does not know where it lives, in geographic terms.

Also, ChatGPT does not seem to know your location either, other that to say that you are on an internet connected device – somewhere. That bodes well for privacy concerns if it is true. The Mission Statement of the ChatGPT project sounds very altruistic in that it intends to do “good” for all, so at this time we will have to trust that this is enforced in the product design and will continue this way. ChatGPT has already spawned some fear and misgivings, prompting some schools to ban its use by students, even forcing students to handwrite essays while being present in the classroom. There is now an App developed to detect that ChatGPT was used in composing an essay or providing the answer to a question. The misgivings will need to be addressed effectively and quickly, as there may be authorities who will want the technology banned, or throttled back in some way.

Here are some examples of ChatGPT questions and answers, which may help to understand the way it works and … thinks:

Q1. Is ChatGPT the real start of the bots doing our thinking & our work for us, causing humans to stop thinking for themselves, & stop doing the work needed for organic learning in our brains?

A1. No, ChatGPT is a tool created by OpenAI to assist users in generating human-like text based on input data. The technology behind it should not be viewed as a replacement for human thinking and learning, but rather as a supplement to enhance and automate certain tasks. It’s important for humans to continue to engage in critical thinking and learning to maintain their cognitive abilities and skills.

Q2. Has ChatGPT been trained to be biased?

A2. Like any machine learning model, ChatGPT can reflect the biases present in the data it was trained on. OpenAI used a diverse range of sources to train the model, including web pages, books, and other texts, so it has been exposed to a variety of perspectives and beliefs. However, biases can still be present in the data and may be reflected in the model’s outputs. It’s important to critically evaluate the information generated by ChatGPT and any AI model and to consider multiple sources and perspectives when making decisions or forming opinions.

Q3. Does ChatGPT have the ability to eliminate Google’s strangle hold on the search engine business model?

A3. ChatGPT is a text generation model, not a search engine, and it’s not designed to compete with search engines like Google. However, it can be integrated into other systems and applications to improve their functionality and enhance user experiences, including search engines. The search engine business model is complex and multifaceted, and it will likely continue to evolve and change over time. While ChatGPT has the potential to contribute to the development of new technologies and applications, it’s unlikely to eliminate the dominance of established players like Google in the search engine market.

We think that ChatGPT does have the potential to be a game changer thoughout the tech world, for example, the usefulness of Search engines like GOOGLE, BING, DuckDuckGo, Ecosia, and others, could be reduced with an AI App that provides you with your precise answer quickly, rather than just giving you a list of web links that “might” have the answer you are really looking for. AI technology looks to be taking a big, and important, step forward, and the free try-it experience with ChatGPT is creating a super buzz that cannot be ignored. There will be challenges ahead, but we also foresee many opportunities for investors.

The goal of TREND DISRUPTORS is to discover technical developments that have the potential to DISRUPT a market sector. We look for the best ideas, and generate actionable investment recommendations for subscribers. As a general rule, these recommendations are highly speculative, and we advise caution, discretion, and thorough research. We strive to identify investment opportunities that can lead to success for the well-informed investor.

Stay tuned !!