Ideas on Raising Your Company Capital Drawn from ChatGPT Use Cases for Businesses on 2023-24
Developers have been striving for the technological perfection of artificial intelligence for a very long time. This took not even years but decades. But ChatGPT, one of its final products, is undoubtedly worth the effort spent. The practical application of this technology in all industries indicates that humanity has received a universal tool for entering a new level of service provision. And if you haven’t yet discovered how to use this technology in your business, consider ChatGPT use cases from the industry expert CHI Software. They may inspire you to find the best use of AI in your company.
What the Principle of GPT Means
Users quickly appreciated the idea of ChatGPT and made it incredibly popular in just a few days after its public release. This name has become viral and commonly used on the Internet. But to understand the essence of the technology, it is necessary to decipher each of its letters:
- G — Generative or capable of producing new content rather than just reproducing old one;
- P — Pre-trained or educated on a large database relevant to a specific issue;
- T — Transformer or using transformer neural network architecture, which is the most topical technique in the field of Neuro-Linguistic Programming (NLP).
Commerce and management experts Shradha Bohra and Nikita Shukla believe that NLP can help strengthen not only the communication mechanisms and skills of an organization but also the mentality of its members and even their motivation. And this is not surprising — in a few seconds, ChatGPT can complete tasks that take a person many hours. This frees up employees and allows them to engage in more creative activities within the organization.
Successful ChatGPT corporate use cases are the best evidence of the effectiveness of the generative pre-trained transformer (GPT) when working with text and visual messages and simulating the human mind and communication.
The Rapid Evolution of the ChatGPT Technology
Despite all its advantages confirmed by business use cases for ChatGPT, this technology still has huge untapped potential. In just a few years, ChatGPT has undergone significant transformations, as can be seen from the table. Your company can also significantly contribute to its further development through practical testing in your business.
| Model | When Introduced | Number of Parameters | Possibilities |
| GPT-1 | June 2018 | 117 million | Learning without supervision using books |
| GPT-2 | February 2019 | 1.5 billion | Producing coherent content with multiple paragraphs |
| GPT-3 | June 2020 | 175 billion | Writing articles, producing programming codes, composing poetry, etc. |
| GPT-4 | March 2023 | 1.7 trillion | Ability to understand user intention and change behavior in response to interlocutor request |
Business Use Cases for ChatGPT from Pioneers in Developing this Technology
Improving the unique capabilities of ChatGPT has inspired businesses and various organizations, as well as ChatGPT developers such as CHI Software, who have focused all their expertise and energy on finding optimal ways to use this technology. In the first months after the public presentation of ChatGPT-3, professionals from CHI Software developed and brought to market many applications in which the GPT solution played a key role. Check out the best use cases for ChatGPT by CHI Software to appreciate the broadest capabilities of AI deployed in this form.
Making Recommendations Can Be Fun
If you are engaged in the retail trade of any goods, pay attention to the ability of mobile applications to create personalized recommendations. CHI Software developed a ChatGPT-based application in which beauty product shoppers could receive recommendations from AI regarding skincare products suitable for their skin type:
- The buyer takes a selfie and uploads it to the mobile application.
- AI analyzes a skin type and selects suitable products.
- ChatGPT conducts a conversation with the buyer, explaining why they should choose these particular products.
Using Motivating Cute Characters to Pick an Internet Plan
ChatGPT can take on completely different appearances. Thus, the Japanese mobile communication provider chose a cute cartoon animated 2D character Kopenchan. It can respond to user requests, learn new words from them, and convey important information to users in a playful manner. Customer support automation allowed this company to significantly save on customer service and attract new customers through impeccable service.
Simplifying the Search for Grants and the Application Process
The grant compliance process can be so complicated that it discourages many people from applying for financing. Automation of the application process can greatly simplify and speed up this tedious task. A personal agent based on ChatGPT helps users:
- Find suitable grants;
- Go through all stages of the application process without missing out on the smallest detail;
- Follow all deadlines;
- Eliminate errors and typos in documents;
- Establish communication with the grantmaker.
Street Translator and Geosocial Network App for Tourists
Finding themselves in unfamiliar places, travelers may be disoriented. They will not get the most out of their trip, missing out on truly amazing places. To prevent this from happening, developers from CHI Software proposed their solution for creating personalized recommendations regarding points of interest and events. The created geosocial networking apps will help you navigate not only in a foreign city but also in your own because there are so many exciting events and places waiting for users to discover and visit.
ChatGPT is the most influential AI model you can use in your business. There are many possible uses for it, and if you look at the CHI Software website, you will see many more ideas that have already been implemented. Explore the limitless possibilities of ChatGPT and move forward to a technological future in which humans will increasingly be empowered to perform creative tasks, outsourcing routine tasks to AI.