Recent developments in the world of Large Language Models has forced Artificial Intelligence into mainstream culture. Now a household name for tech enthusiasts, OpenAI’s ChatGPT is an AI-powered chat bot that was trained on large quantities of internet data to respond through text with near-human cadence. The novelty of chatting with an AI that could respond in a natural language setting has been the source of much excitement on social media and news outlets. Anecdotal reports are popping up across the web, discussing how average internet users are leveraging ChatGPT’s conversational ability to write emails, short stories, or even legal documents. In addition, some users have applied ChatGPT to artistic endeavors including poetry and even music. The buzz has been so widespread, you’re likely to have read dozens of blogs on this topic before reading this one. So, why are we even bringing this up?
The fact of the matter is, this type of AI technology is extremely powerful for certain use cases, and we’re thankful that OpenAI has pushed artificial intelligence software to the forefront of public awareness. As established developers of AI technology such as machine learning and natural language processing, we understand the important role that AI will play in the future of business and society. ChatGPT has spurred a “gold rush” of sorts for investment in AI startups and NASDAQ tech companies which underlines the significant role that OpenAI is playing in the development of the AI industry as a whole. Consider this our love letter to OpenAI and the many other developers working hard to advance this important field of research.
All that being said, the generative AI technology found in ChatGPT is not the silver bullet for solving process automation problems that businesses encounter on a daily basis. Generative AI can produce a high-quality image, an interesting piece of content, or a few lines of code, but it takes advanced predictive AI algorithms and a deep understanding of intelligent automation to produce the results that businesses need. Popular vendors in the automation industry are looking to find ways to integrate generative AI into their software, but most would agree that the ability to “converse” with your data is not a game-changer. True innovation in business process automation will come from the incremental improvement of machine learning and predictive AI.
We’re excited to see the progress that OpenAI has made with ChatGPT, and we’re immensely grateful that they have brought AI technology to the masses. As for Parascript, our focus will remain on predictive AI and process automation that saves businesses time and money.
Parascript is an established innovator in Artificial Intelligence with customizable solutions for common document-based processes. We offer high-performance and simple-configuration software solutions to our clients and partners. To learn more, contact the Parascript team today.