Introduction To ChatGPT and It's Applications
Introduction To ChatGPT and It's Applications
Generative: GPT models are capable of generating new content based on the patterns and
context they have learned from the training data.
Pre-trained: The models are pre-trained on vast amounts of text data from diverse sources,
allowing them to learn a wide range of linguistic patterns, grammar, facts, and context.
Transformer: GPT models are built on the Transformer architecture, a neural network model
designed for natural language processing tasks.
History and Development of
Chat GPT
• The history of ChatGPT starts in 2018, when OpenAI first introduced its GPT language
model.
• The GPT series began with GPT-1. Its successor, GPT-2, released in February 2019 and
demonstrated significant improvements.
• It was GPT-3, released in June 2020, that truly revolutionized the generative AI landscape
with its unprecedented power and performance.
• OpenAI fine-tuned GPT-3 to create GPT-3.5, which is an upgraded version of ChatGPT that
is available for free on the OpenAI website.
• Building upon the success of GPT-3.5, OpenAI introduced GPT-4, an iteration that brought
notable enhancements in ChatGPT’s performance, scalability, and overall capabilities.
Key Features of ChatGPT
• Advanced natural language understanding
• Contextual Awareness
• Wide Domain Knowledge
• Scalability and Adaptability
Applications
In Financial Sector
ChatGPT in Financial Sector
Applications:
• Banks and financial markets have often been amongst the firsts in adopting new
technology to competitive advantage. AI-driven ChatGPT tools help to improve
productivity, streamline operations, and enhance their services.
• Few financial organisation like Bloomberg and JP Morgan Chase have automated
customer services to analyse customer data and provide personalised financial
advice.
• Banking Firms like Morgan Stanley, Deutsche Bank, Wells Fargo etc. have
commenced integrating generative AI into banking processes to automate and
streamline complex tasks.
CODING AND DEBUGGING
ChatGPT for Writing Codes and
Debugging
• Chat GPT is not specifically designed to write code but can assist in the process.
Using machine learning algorithms, Chat GPT can analyze and understand code
snippets and generate new code based on the input it receives.
1. Faster coding
2. Improved accuracy
3. Better productivity
LANGUAGE LEARNING
New Language Learning
• Generate Roadmap:
Ask ChatGPT to generate roadmap for how you can learn new language step by
step.
• Progress Tracking:
Keep a log of your interactions with ChatGPT to monitor your progress over time.
Review your conversations periodically to identify areas where you've improved
and areas that still need work.
• Vocabulary Expansion:
Request translations for words and phrases from your native language to the
target language.
Learn new vocabulary by asking for synonyms, antonyms, and contextually
relevant words.
• Complex Sentences:
Break down complex sentences or phrases into simpler parts before translating.
This can help ensure that the translated output is accurate and coherent.
• Check Multiple Translations:
To improve accuracy, request translations from the source language to the target
language and then back to the source language.
Compare the back-translated text with the original to identify any potential
issues.
2. FRONT-END DEVELOPMENT
UI Design using HTML, CSS, JS frameworks.
User input and output display.
Implement user interaction elements.
3. Back-end Development
Server setup with Flask/Express.
Integrate GPT API for user queries.
CONCLUSION