• ChatGPT is a prototype dialogue-based AI chatbot capable of understanding natural human language and generating impressively detailed human-like written text.
• ChatGPT(generative pre-training)  is a chatbot powered by artificial intelligence that can be used to ask queries.
• This chatbot is designed in such a way that the replies to the queries are both technical and jargon-free.
• It is a natural language processing (NLP) model that works using a large corpus of conversational data.
• It is capable of generating human-like replies, allowing natural conversation between the user and the virtual assistant.
• The chatbot makes use of Reinforcement Learning from Human Feedback (RLHF) technology. However, it is modified to appear more friendly to humans.
• It is based on GPT-3.5 – a deep-learning language model that produces human-like text.
• The technology produces different answers for the same question in the future since it improves over time and understands queries better through machine learning.

Applications of ChatGPT

• Once the ChatGPT is fully tested, its services can be extended to companies that depend on chatbots.It can be used for customer services.
• It can also be used by students to get answers to complex questions in simple words and solve complex math problems.
• Personal assistance (assist users with scheduling, remainders and other such tasks).
• This AI-powered chatbot is also capable of reviewing and writing codes in seconds. This is making the future of coders grim.

What are the limitations of ChatGPT

• ChatGPT is occasionally found to generate incorrect answers to queries.
• It is also unable to provide answers to country-specific questions.
• It is only capable of providing generalized answers, unlike Google Assistant and Amazon Alexa that are more focused on giving specific answers to user queries.
• AI technology can also perpetuate societal biases like those around race, gender, and culture.

Note:

This Concept Explained In

https://youtu.be/K8VV3CenbeQ