Current Affairs Thursday March 16, 2023 at 2 pm Generative AI: Hype or reality? Its promise, its pitfalls and its implications for the future of work.

On November 30, 2022 Open AI released a user- friendly application called ChatGPT. It

took the world by storm—within 5 days it had 1 million users and within two months that

number had exploded to 100 million. It was the fastest diffusion of a new technology in

history. Known as ”Generative AI” it can generate impressive content on almost any

subject at any level of expertise and answer almost any question with confidence in a

user- friendly way. This technology is sometimes wrong but never in doubt. Its rapid

acceptance by the public has set off an arms race among the big tech companies

(Microsoft, Google, Baidu, Alibaba, Meta) to incorporate this technology into their

products.

As an indication of its expertise and versatility ChatGPT has passed bar exams, medical

school exams and the Wharton MBA final exam.

But it also has problems: it cannot distinguish truth from falsehood, it displays bias and

never reveals its sources. Once these problems are resolved, the impact of this

technology on different kinds of jobs is likely to be enormous, potentially reducing the

marginal cost of labor to zero.

Sunil Saksena will lead a discussion on this emerging technology and whether society is

adequately prepared for this revolution.

To try ChatGPT, click this link and select “Try ChatGPT” to register.
https://openai.com/blog/chatgpt/

IntelligenceSquared 

https://www.wsj.com/articles/chatgpt-heralds-an-intellectual-revolution-enlightenment-artificial-intelligence-homo-technicus-technology-cognition-morality-philosophy-774331c6?mod=Searchresults_pos1&page=1