And now let’s talk about the world of artificial intelligence or Generative AI. it’s moving at lightning speed. Its hero just acquired a new superpower.

Chat GPT 4 Open AI System

What are we talking about here is chat GPT. Now its parent company open AI has released Chat GPT 4 Open AI System. It is the latest version of the super-hit AI chatbot.

Think of it as an update just like our phones get a software update to chat GPT has got an update too. But before we talk about this update that’s Making Waves. Let’s understand once again what chatGPT is.

This chatbot was launched in November last year. it has been used by millions of people since. In fact, it added 100 million users new users in just two months after its launch.

It is the most recent version of the extremely popular AI, and this is the quickest growth ever recorded for any program or app.

What does Chat GPT 4 Open AI System accomplish?

  • Chat GPT 4 Open AI System can respond to inquiries with language that sounds human.
  • Moreover, it can imitate the writing style
  • GPT 4 has aced college admission examinations, and
  • Composed poems
  • Besides writing codes, it can also run
  • A profitable marketing campaign

Chat GPT gathers information from the web. This database contains data through 2021. Okay, a little outdated but still helpful. And the forthcoming Chat GPT 4 Open AI System version will advance everything even further. It has gotten better at being exact and accurate.

Now, it can react to pictures! You may observe, how it analyses a picture and provides detailed descriptions in paragraphs.

Similar to this, it will provide a recipe choice if you show it a photo of the ingredients from a refrigerator and ask. For persons who are visually challenged, this function may be helpful.

GPT-4 suggesting recipes from ingredient picture

Moreover, it can handle up to 25000 words. This is an increase of eight times above Chad GPT’s prior model.

Courtesy: GPT 4; Word count

It is also capable of higher-level thinking. Consider it as a search engine that might be used by Chat Bots. even online instructors. Who may use this, too? Everyone who is eligible to utilize GPT4.

Those with a premium subscription that costs $20 per month can now talk GPT 4

How GPT 4 is already brewing in tech giant’s Pot ?

Courtesy: GPT 4; Evolution of AI
  • Chat GPT 4 Open AI is already powering Microsoft’s Bing search engine.
  • Morgan Stanley wealth management is using Chat GPT 4 Open AI System to build an information system.
  • An online education company will use GPT 4 to build an automated tutor. and
  • Open AI does not plan to stop here. In the long term, it wants the system to juggle between different media like sound video text, and images.

What are the drawbacks of Chat GPT 4 Open AI System?

As you can see, the update represents a significant upgrade. Also, it has the same drawbacks as ChatGPT.

Although Chat GPT 4 Open AI System‘s safety measures were worked on for six months by Open AI, they are still not entirely reliable.

Hallucination is technical slang describing artificial intelligence creating information or making mistakes. And while GPT 4 lacks all understanding of some things, it is an expert in others. While it makes mistakes in simple math, it may also provide exact medical diagnoses or prescribe treatment.

All the companies that are part of the AI chatbot race will have to put up with this imprecision. Simply because of the way they have bet their future on this technology. Like Microsoft which has invested 10 billion dollars in Open AI. That’s a huge sum of investment!

Future Trends with Chat GPT 4 Open AI System

The rapid advancement of AI is another factor. The world is now uncertain as a result. It is being described as a Tectonic shift that is almost as important as the development of web browsers in the 1990s.

And this movement is not exclusive to open AI. Silicon behemoths like Google and Meta are also putting effort into the school; they are developing their own chatbots and AI technology, which has the potential to revolutionize the way we do business.

Will AI Replace Humans?

It’s exciting. it’s also scary. Is AI coming for our jobs? There is a disruption for sure. Some jobs might go. Others might be created hopefully we don’t have to worry because even the most impressive technology complements workers.

But there are other risks too. This phase is seeing extremely powerful technology. And if you can learn one thing from history, it is that Tech will be used for both good and evil.

Transparency and Regulation

Ultimately which direction this goes in lies in the hands of the companies that are developing it.

So the questions we need to ask are..

Are companies developing AI being transparent in?

  • Where do they get their information from?
  • Are they policing the sources?
  • What about the government, will they be able to move quickly and establish legal guardrails for this kind of development?

Looking at the government’s experience with social media policies gives us an idea. And it’s not very encouraging. But this can be seen as a cautionary tale. So we do better this time. Because the worst risks could be the ones we can’t even anticipate. Yet of course the world does not have all the solutions right now.

Conclusion

But one thing is Undisputed.

Chat GPT 4 Open AI System is a Big Step forward. Every short and accurate response by technology is a giant leap for humanity.

Signing off!

How do I access ChatGPT on OpenAI?

To access OpenAI’s chat services, you can visit the OpenAI website (https://openai.com/) and look for the “Products” section in the main navigation menu. From there, select “Chat GPT-3” and then “Demo.” This will take you to the OpenAI Playground, where you can try out GPT-3’s capabilities, including chat.
Alternatively, you can also use third-party applications or platforms that integrate with OpenAI’s API to create your own chatbots and conversational AI systems.
Some popular examples of such platforms include Botpress, Dialogflow, and IBM Watson Assistant.

Is OpenAI working on GPT 4?

OpenAI has not officially announced the development of GPT 4. However, the company has stated that they are constantly working on improving and advancing their language models, and it is possible that a new version of GPT could be released in the future.
It’s worth noting that OpenAI’s GPT 3 is currently the largest and most powerful language model available, with 175 billion parameters. Developing a new version of GPT that exceeds the capabilities of GPT 3 would be a significant challenge that would likely require significant advancements in both hardware and software.
In the meantime, OpenAI is continuing to research and develop new AI technologies across a wide range of applications and domains, with the goal of advancing the state of the art in artificial intelligence.

How do I create a good prompt?

If you’re new to using the OpenAI API, there are a few openAI resources we suggest exploring. OpenAI’s Quickstart Tutorial and Completion guide are great places to start. You can also refer to their Examples page to find prompt templates most similar to your use case, which you can then tweak as needed.

For more detailed guidance on prompt engineering and best practices using the OpenAI API, please consult this help article.

Finally, we encourage you to visit their community forum, where you can ask questions, share tips, and connect with fellow API users.

How much does GPT 4 cost?

OpenAI is excited to announce GPT 4 has a new pricing model, in which they have reduced the price of the prompt tokens.

For models with 8k context lengths (e.g. gpt 4 and gpt 4-0314), the price is:
$0.03/1k prompt tokens
$0.06/1k sampled tokens

For models with 32k context lengths (e.g. gpt 4-32k and gpt 4-32k-0314), the price is:
$0.06/1k prompt tokens
$0.12/1k sampled tokens

How can I access GPT 4?

API Access
Most users will need to join our waitlist. We are trying to grant access to everyone as soon as possible, but it will likely take us some time to provide everyone with access to GPT 4. We appreciate your patience and are looking forward to seeing you build with us!

ChatGPT Plus
ChatGPT Plus subscribers will get GPT 4 access on chat.openai.com with a usage cap. We will dynamically adjust the exact usage cap depending on demand and system performance in practice. We’re initially providing subscribers with 100 messages every 4 hours.

Please be patient though — we expect massive demand and will scale up and optimize our systems over the coming months.

Note: this will not provide subscribers with access to the API.

What is the difference between the GPT 4 models?

There are a few different GPT 4 models to choose from.

One key difference between models is the context length. This is the length of the prompt plus the maximum number of tokens in the completion. Our standard GPT 4 model offers 8,000 tokens for the context. We also offer an extended 32,000 token context-length model, which we are rolling out separately to the 8k model.

Secondly, GPS 4 will refer to our most up-to-date model (and gpt 4-32k for the latest 32k-context model). If you’re interested in using a previous snapshot of the model, you can refer to the specific date in the model name, such as gpt 4-0314 or gpt 4-32k-0314. The March 14th snapshot will be available until June 14th.

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By Deven JANI

Welcome to Wealth and Planet. I am a seasoned Supply Chain, Procurement, and Operations leader with over three decades of experience across diverse industries, including healthcare, telecom, energy management, and metal and mining manufacturing. My passion for sustainability, efficiency, and innovation drives my commitment to educating the public about the urgent issue of climate change. I believe it is our collective responsibility to address the rapid degradation of our planet. Writing and teaching are my passions. Through this, I aim to empower everyday citizens with the knowledge and tools necessary to make impactful changes. With the right innovations and strategic shifts, we can alter the current trajectory and create a sustainable future. In these blogs, I share insights and strategies for eco-friendly living, sustainable wealth creation, and tech choices. Join me and the Editorial Staff at Wealth and Planet as we explore the vital intersection of financial health and environmental stewardship. Together, we can foster a healthier planet and a brighter future for all.