A recent event held at MIT has highlighted the promise of new AI applications for software companies. Brian Halligan, co-founder of HubSpot, spoke to the audience of entrepreneurs and students about how AI can be used to improve existing software applications, citing his company’s successful deployment of the “Chatspot” feature. Steve Papa, who sold his company Endeca to Oracle for an impressive $1.1 billion, also commented on the repeating pattern of new software companies rising as new technologies become available.
In addition to potential benefits, ChatGPT use also comes with potential risks. AI systems can make mistakes, and add considerable complexities, as highlighted by the Google’s AI search app, which caused a massive stock market drop of $100 billion in a single day. Sam Altman, CEO of ChatGPT developer OpenAI, addressed these concerns, defending their safety testing and audit processes applied to their latest AI model.
ChatGPT is a technology developed by OpenAI, a research laboratory located in California. Their mission is to develop and advance artificial intelligence technologies to benefit humanity, and have released their latest AI model known as GPT-4. They have stressed the importance of a safety-first approach, and have been applauded for their transparency and public engagement. With their help, software companies are hoping to boost their applications, as AI is increasingly seen as a key technology that can help bridge the gap between software and user interaction. However, they will have to be aware of the potential risks that come alongside this technology.
