Exploring ChatGPT in the Business Travel Domain

Date:

ChatGPT is an artificial intelligence technology that is being increasingly utilized in the corporate travel world. At the Cvent Travel Summit virtual event this week, a session was held to explore the potential use cases of this technology with Patrick Linnihan, CEO of Gant Travel Management, at the center stage.

According to Linnihan, he implemented ChatGPT in human resources in his company as soon as the technology made its debut and it helped his executive assistant to act as an assistant within a week’s time. He believes that this could potentially lead to businesses add up labour hours to their work, as the cost of using the free version of ChatGPT is incredibly low.

Norman Rose, Phocuswright Senior Technology and Corporate Market Analyst, believes that some users might hold a skeptic view towards this technology and he suggested that this might lead to travel managers and other related businesses from experimenting with the technology. On the other hand, Linnihan believes that the travel industry must deliver experiences that could match the standards of services like Amazon and Netflix in order to survive, and this could be made possible for ChatGPT and other AI technologies.

The discussion also highlighted the ways in which ChatGPT could automate the search and evaluation of bids from suppliers during the booking process. It is likely to introduce questions that are in-line with the goal at the start of the booking. This could result in travel companies maximizing their intermediary revenue and profits.

About Gant Travel Management
Gant Travel Management is a travel management company based in the United States. They are an experienced and growing travel executive management team that leverages technology to improve corporate travelers’ experience. The company also offers cost savings to its customers.

See also  Is Elon Musk Developing a Rival to OpenAI's ChatGPT? X.AI Analysis

About Patrick Linnihan
Patrick Linnihan is the CEO of Gant Travel Management. He is an industry veteran with a history of product innovation and overall business strategy. He has also held leadership positions in travel technology, distribution and development. He is passionate about the roles of technology and data in corporate travel.

Frequently Asked Questions (FAQs) Related to the Above News

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Share post:

Subscribe

Popular

More like this
Related

Obama’s Techno-Optimism Shifts as Democrats Navigate Changing Tech Landscape

Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?

Tech Evolution: From Obama’s Optimism to Harris’s Vision

Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?

Tonix Pharmaceuticals TNXP Shares Fall 14.61% After Q2 Earnings Report

Tonix Pharmaceuticals TNXP shares decline 14.61% post-Q2 earnings report. Evaluate investment strategy based on company updates and market dynamics.

The Future of Good Jobs: Why College Degrees are Essential through 2031

Discover the future of good jobs through 2031 and why college degrees are essential. Learn more about job projections and AI's influence.