Tag: Competitiveness

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Alibaba Plans to Integrate AI Similar to ChatGPT in Communication Apps

Alibaba will integrate its advanced AI system, Tongyi Qianwen, into its messaging app and meeting assistant. The LLM will improve user experience and boost Alibaba’s competitiveness.

Lessons from ChatGPT for Economic Growth

ChatGPT, a revolutionary AI chatbot, is making waves with its impressive capabilities. A deep neural network trained to predict the next word in a text, ChatGPT displays an unexpected sophistication that has given its creators an insight into the power of complex AI algorithms. This offers an important lesson for policymakers, as it promotes the need to focus on a mundane task that can hold deep implications for economic development. Through its unique approach, ChatGPT models provides an opportunity to bridge the gap between the developed and developing world.

Chegg Stock Falls Following AI’s Impact on New Customer Growth

Chegg, a leading online education and learning platform, recently saw its stock plummet after ChatGPT, a new AI-powered customer service automation tool, was introduced. On Yahoo Finance Live, Josh Schafer discussed the serious implications this could have for Chegg's ability to remain competitive in the market. Schafer looks at both the pros and cons of AI automation, and how it can be used by companies trying to compete in a fast-paced industry. With Yahoo Finance, readers can access reliable market data, news, and portfolio resources to make informed investing decisions.

Narayana Murthy on Why ChatGPT Won’t Impact Job Security

. This article delves into the hot debate raging around the potential impact of OpenAI`s ChatGPT on some kinds of jobs. While apprehensions about its effect on employment exist, NR Narayana Murthy - the founder of software giant Infosys -believes differently. In an interview with CNBC, Murthy praised the use and potential of ChatGPT technology and its ability to enhance the quality of work. He further suggested that it should be used as a base, while adding own refinements and tweaks. Murthy highlighted the need for humans to differentiate themselves with A-grade work, instead of relying on machines.

Exploring the Value of AI: Canadian Businesses and ChatGPT

Canadian businesses are utilizing the potential of generative Artificial Intelligence (AI) platforms like ChatGPT. But the adoption of AI technology is low - only 37% of companies are exploring the platform. In America, nearly three-quarters (72%) of businesses are using AI and the gap is widening. Companies using AI technology largely employ it in call centers, but face challenges like lack of skills and data to adequately train algorithms. Get your data ready to efficiently use AI with KPMG in Canada's Responsible AI frameworks.

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