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Making A Difference with Generative Al

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June 2023

Everyone seems to be using ChatGPT for something or the other. Here, our experts suggest some serious, game-changing applications that the technology can be put to-and the pitfalls to avoid

- Janani G. Vikram

Making A Difference with Generative Al

Social media is abuzz about people’s experiments with ChatGPT. Amongst other things, it seems to be capable of debugging and writing code (even small apps), drafting essays, poetry and emails, having a meaningful conversation with users, planning your vacation, telling you what to pack for a business trip, preparing your shopping list, extracting tasks from a conversation or meeting minutes, summarising a long text into a brief overview, writing a new episode of Star Wars, and much more!

And that is not all. Developers can also utilise the power of OpenAI’s AI models to build interactive chatbots and advanced virtual assistants, using the application programming interface (API). They can use the GPT-3 API, or join the waitlist for the GPT-4.

Many companies are also using OpenAI’s generative AI models to enhance their own applications and platforms. OpenAI offers multiple models, with different capabilities and price points. The prices are per 1,000 tokens, so customers can pay for what they use.

DuoLingo uses GPT-4 to deepen conversations, while Be My Eyes uses it to enhance visual accessibility, and Stripe uses it to combat fraud. Morgan Stanley is using GPT-4 to organise its knowledge base, while the government of Iceland is using it to preserve its language.

It is also believed that tools like ChatGPT and Dall-E (which generates images from textual prompts) will help advance the metaverse, as it enables people with no art or design background to design spaces, engage in meaningful conversations in the virtual world, and more.

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