ChatGPT: Opportunities, Features and Future Prospects

Abstract

ChatGPT is an AI-based Natural Language Generation (NLG) system developed by Microsoft that enables users to converse with virtual agents in a conversational manner. ChatGPT is based on the transformer-based architecture, a type of deep learning algorithm that can be used to generate text directly from raw inputs. ChatGPT is designed to enable natural conversations, with the goal of making it easier for people to interact with virtual agents in a conversational manner. ChatGPT has the potential to revolutionize the way people interact with virtual agents, as it can be used to generate natural language responses to userinput. The system could also be used to create virtual agents that can respond to user queries in a more natural manner, allowing for more efficient customer service interactions. In the future, ChatGPT could be used to create more sophisticated virtual agents that can understand user intent and provide more accurate responses. Additionally, ChatGPT could be used to generate more engaging content for virtual agents, such as stories, jokes, and conversations. This paper provides the power of ChatGPT with its various features, opportunities and impact of ChatGPT in various sectors.