ChatGPT – To use or not to use?

There was a time when the only way to gain any sort of information was to go to the library. Books, whether updated or not, used to be the only source of knowledge. However, with the introduction of computers, all that changed. It took only typing the keywords in the search bar and all the articles related to the keyword would appear.

Technology in the past year has doubled up and has introduced the world of Artificial Intelligence. AI (Artificial Intelligence) today, has become a significant part of our everyday life and activities. Activities such as coding, resume writing, article writing, Blogs, CAT preparations etc can be accessed by typing a few words in the description section of the AI bot and Chatbot would instantly provide an accurate answer within a few seconds.

This has helped coders and web developers massively with coding and web designing. It has also helped in the world of professional education, where it simplifies the explanation of any complex term within a matter of five seconds.

ChatGPT is one such AI chatbot that has revolutionized the use of AI tools in 2023. ChatGPT was introduced into the market late last year and ever since then It has become a prominent aspect of everyday life. It has created a significant impact in the world of education and the business world. Ever since ChatGPT came into the market, there have been multiple AI tools that have been introduced, including Bard by Google and Bing Chat by Microsoft. 

With the significant rise of the use of ChatGPT and other such AI tools, the world has become fascinated and afraid at the same time of Artificial Intelligence. Countries like the United States and the European Union have been planning on establishing legislation for regulating these Nascent technologies.

The recent news regarding ChatGPT has created greater chaos than before. Open AI, the company behind the chatbot is facing a class-action lawsuit in California over allegedly extracting information meant for private use. This was filed on 28th June 2023, after the chatbot allegedly stole private information from Wikipedia articles, Blog posts, and family recipes without the consent of the respective users. 

16 plaintiffs submitted claims and it’s fair to say that it would be the end of OpenAI if the claims appear to be true. If these claims appear to be true, then OpenAI has violated the Computer Fraud and Abuse Act – a law with a precedent for web-scraping cases. The lawsuit also states that the OpenAI products use stolen private and personal information across different internet platforms including data on children without their consent. 

This has now come to the question, “to use or not to use ChatGPT”; As of now, any update on the lawsuit is still unclear but one thing is clear, this is not the end of the use of AI tools as we are in the future of Artificial Intelligence and there is still many more that is yet to come.

The United States and The European Union introduced the National AI Commission Act and the Artificial Intelligence Act respectively in the second week of June. This would help the countries to study the approach of Artificial Intelligence in the country. However, The Artificial Intelligence Act not only is involved in the study of AI but also has established a framework and legislation to govern and oversee the Artificial Industry.

With this said, it’s safe to say that countries should take Artificial Intelligence seriously; its advantages and disadvantages, and should create necessary regulations to ensure it is being monitored.

Disclaimer: This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

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