While the sophistication of chatbot technology has been steadily increasing over the past decade, the release of Large Language Model-based ChatGPT is set to be the harbinger of the next wave of powerful, hyper-personalized, and highly adaptable chatbots.
Released last November, ChatGPT – Chat Generative Pre-Trained Transformer – has been trained by the non-profit research and development organization OpenAI. Built on OpenAI’s GPT-3 family of LLMs, ChatGPT represents a significant advancement in natural language processing (NLP) due to its ability to understand complex natural language inquiries and supply highly coherent and oftentimes correct responses.