Ai for Business

  Many of my conversations in the last few days revolved around ChatGPT. This is hardly surprising, given the impact the model from OpenAI has created. In particular, most people seem to think of ChatGPT’s ability to generate code as a big game changer or a big threat. Here I beg to differ. The importance being given to the code generation capability of Large Language Models such as ChatGPT is a classic example of vividness bias. In short, vividness bias describes the tendency of the human mind to ascribe more importance to phenomena that appear sensational. Airplane accidents attract a lot of attention, but in reality they are responsible for a very small percentage of accidental deaths. Coding is a very small part of the IT industry. A small percentage of people employed in the IT sector actually do any significant amount of coding. Let me explain how. I will restrict myself to India, as I know this industry. First of all, almost 80% of the people employed in the IT sector work ...

  Image by Rajashree Rajadhyax Language models are a buzzword these days. The current state-of-the-art in language modelling is the transformer based GPT-3, which was trained on a staggering amount of text data. Here’s a quick look at what exactly is a language model. Researchers believe that language began somewhere between 50,000 and 1,00,000 years ago. Language evolved from the human need to communicate with each other. The ability to communicate using language has given the human species a better chance at survival. Language is an incredibly important tool to pass on knowledge and to communicate thought. To acquire knowledge we read or simply listen to others and all of this is possible because of language. As my friend puts it, the human species has always remained a step ahead because of their ability to augment their capabilities. I’m adding a link to his article  here . AI is one more such attempt; the attempt to augment intelligence. Recent developments in AI have int...