ChatGPT is an inflection point in artificial intelligence that Canada must embrace to stay competitive. Read more
ChatGPT’s ability to retrieve, synthesize and generate content will find applications across many industries, business functions, products and occupations. It is already being used by marketing departments to write copy, by hiring managers to sift through resumes and by programmers to write code.
The choice before executives is whether to proactively embrace its productivity-enhancing potential, or to ignore it and let other nimbler firms slowly eat at their business. Proactive adoption implies, as a first step, the critical analysis of the firm’s entire operations by identifying content retrieval, synthesis and generation tasks that the new technology can do better, faster or more cheaply. These can then be automated, starting with the ones that promise the highest return on investment.
To be sure, executives cannot alone transform their business. They will require a workforce that is comfortable using the latest productivity-enhancing tools. Educators must therefore resist the urge to ban ChatGPT; history would look upon such a prohibition no more favourably than past attempts to ban tools such as calculators and spell checkers. Instead, our schools, colleges and universities must embrace ChatGPT and ensure students are learning to leverage its immense potential.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada should see China as a 'threat' or 'enemy', most Canadians say: surveyFew Canadians are willing to give Beijing the benefit of the doubt when it comes to bilateral relations with Ottawa, according to a new poll conducted by Angus Reid Institute.
Read more »
Canadian wildfire experts training Bolivian counterpartsGlobal Affairs Canada’s technical assistance partnership allows Canadians to share their expertise in other countries
Read more »
CANADA: Poulin leads experienced Team Canada in quest for third straight world titleThe 10-team tournament features Canada in Group A with Czechia, Japan, Switzerland and the United States
Read more »
CANADA: Poulin leads experienced Team Canada in quest for third straight world titleThe 10-team tournament features Canada in Group A with Czechia, Japan, Switzerland and the United States
Read more »
Technology behind ChatGPT shows signs of human-like intelligence: studyIs GPT-3, the technology behind ChatGPT, actually intelligent? Or is it just an algorithm passively feeding on a lot of text and predicting what word comes next? Two German researchers ran a series of experiments to find out.
Read more »
Opinion | ChatGPT is a billion-dollar venture, but can entrepreneurs cash in?The economic value of ChatGPT remains undiscovered, writes economist Graham Dobbs. How entrepreneurs leverage will depend on copyright, licensing and ethical use of AI.
Read more »