Mumbai: ChatGPT is a large language model chatbot developed by OpenAI based on GPT-3.5. It has a remarkable ability to interact in conversational dialogue form and provide responses that can appear surprisingly human.
For both organisations and individuals, technology has been a game-changer in countless ways. ChatGPT is a powerful and innovative AI language model that has the potential to revolutionise the way we communicate and interact with technology. However, as with all AI technologies, there are some concerns about the potential risks and ethical implications of using ChatGPT.
Despite its advanced capabilities, many users are awed at its ability to provide human-quality responses, inspiring the feeling that it may eventually have the power to disrupt how humans interact with computers and change how information is retrieved. ChatGPT has certain weaknesses and challenges that can impact its performance and accuracy.
Indiantelevision.com caught up with Eximius Ventures founder & managing editor Pearl Agarwal about the insights on disruptions from ChatGPT
Edited excerpts
On the concept of ChatGPT and its function
ChatGPT is an AI chatbot developed by OpenAI that uses natural language processing to create human-like conversational dialogue. It can respond to questions and compose various written content, including articles, social media posts, essays, code, and emails. It is a form of generative AI that lets users enter prompts to receive human-like images, text, or videos that are created by AI.
On the weaknesses that can impact ChatGPT’s performance and accuracy
Generative AI and large language models, such as ChatGPT, have revolutionised how we approach our day to day tasks and have demonstrated impressive capabilities. However, it is important to acknowledge that these platforms are not without weaknesses that can impact their performance and accuracy. Here are few key factors that can influence ChatGPT’s performance while using such platforms:- :
1. Tendency to generate plausible but incorrect answers: ChatGPT generates coherent responses, even when it lacks knowledge on a specific topic. However, this can lead to the generation of answers that sound reasonable but are factually incorrect or misleading. Enterprises and individuals should exercise cautiously and verify information from reliable sources.
2. Limited contextual understanding: ChatGPT may struggle to maintain a consistent understanding of complex or lengthy discussions beyond the immediate conversation. This limitation can affect its ability to provide accurate responses, necessitating awareness from businesses to ensure meaningful interactions with users.
3. Difficulty with long-term context: ChatGPT encounters several challenges in retaining and recalling information from previous statements or maintaining a coherent understanding over an extended dialogue. This can lead to inconsistent responses and a loss of contextual coherence.
Despite potential accuracy limitations, ChatGPT’s future is full of limitless possibilities. Advancements in research and development can enhance its performance, making it a valuable tool in various domains, and has the opportunity to change how we interact with any each other
On the ethical issues in using ChatGPT
The rise of ChatGPT, has ushered in a new era of how we work and sparked enthusiasm and curiosity across various domains. Though beneath the allure of this cutting-edge technology lie a multitude of ethical issues that demand our attention and critical analysis. To delve into the darker side of ChatGPT, and shed some light on the ethical quagmire it presents to its millions of users.
1. Lack of Accountability:
While developers caution against unmonitored usage, the responsibility for ChatGPT’s use lies with the users. Without proper oversight, there is a risk of misuse, misinformation, and malicious exploitation.
2. Lacks Human Input:
Relying solely on ChatGPT’s output without human verification can result in the dissemination of inaccurate or misleading information, jeopardising trust and integrity in the research or communication process. Additionally language processing platforms lacks empathy in a few instances.
3. Bias amplification:
ChatGPT’s training data can contain biases, which may inadvertently lead to the amplification of prejudices in its responses. This raises concerns about fairness, equity, and inclusivity.
4. Unintended consequences of automation:
While ChatGPT offers automation and efficiency, it raises ethical concerns about the potential displacement of human labour. The impact on employment and socio-economic disparities requires careful consideration for a just and equitable transition.
While ChatGPT has seen significant advancement in artificial intelligence, it is crucial to critically evaluate the ethical dilemmas it introduces into the lives of millions. I believe addressing these ethical issues requires ongoing research and development to mitigate biases, improve fact-checking mechanisms, enhance privacy protections, and establish clear guidelines for responsible use and disclosure of AI-generated content.

It has become imperative to establish robust regulations, promote transparency, and prioritise human oversight to ensure that the potential benefits of ChatGPT are harnessed responsibly and ethically. Failing to address these ethical concerns could lead us down a precarious path, where the marvels of technology come at the expense of our values and societal well-being.
On the threat of wide scale unemployment after the introduction of such technologies
AI’s impact on the job market is indeed a significant concern, and we must approach it with a balanced perspective. While there is a possibility of job displacement in certain sectors as AI automates routine tasks, we must also recognize the exciting opportunities it brings, such as enhanced productivity, collaboration, and decision-making.
In acknowledging the potential job displacement, it’s important to note that different industries will be affected to varying degrees. While some sectors may experience changes in employment, others will witness the emergence of new jobs and industries. Adapting to these changes and equipping ourselves with the necessary skills will be key to thriving in an AI-driven economy.

While the future of work may seem uncertain, we have the power to shape it in a way that benefits everyone. It is essential to approach the integration of AI into the job market with a human-centred approach, considering the ethical implications and ensuring equitable distribution of benefits. By doing so, we can harness the transformative power of AI while minimising the potential risks and creating a future of work that embraces both technological advancement and the wellbeing of individuals.
On industries which would be most impacted by ChatGPT and its likes
ChatGPT, so far, has revolutionised various industries and reshaped the creator economy landscape immensely. With its remarkable capabilities and potential for automation, ChatGPT and similar technologies are set to disrupt numerous sectors.
Automated chatbots powered by ChatGPT can enhance customer support by providing personalised responses and round-the-clock assistance. Similarly, ChatGPT can streamline content creation processes by automating tasks like generating ideas and assisting with writing. Content creators can focus on higher-level strategies and quality, leveraging its capabilities to enhance productivity and creativity. Moreover, any research synthesis, code writing and debugging, video generation can be automated using large language models.
However, it also raises questions about the future of human creativity and the need for a balance between automation and human ingenuity. As ChatGPT and similar technologies continue to evolve, businesses and content creators will have to adapt and embrace these advancements to stay competitive and relevant.

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