ChatGPT's role in the fake news phenomenon
Following its explosion onto the scene in November 2022, it has been hard to ignore ChatGPT. With the ability to answer questions, solve problems, and create content -- to name just a few of its competencies -- the artificial intelligence (AI) chatbot can be hugely beneficial to businesses and employees. Whether used to avoid trawling the internet for the answer to a question, write a blog post, or simply inspire an idea for a new product, it can certainly help cut costs and save time and resources.
Yet, the use of ChatGPT has caused a lot of debate and controversy. One of the main areas of concern is around employment -- if AI can do the same, if not a better, job than humans, for a fraction of the cost, are business leaders likely to replace humans with this technology? Goldman Sachs has predicted that as many as 300 million full-time jobs could be diminished or lost to AI and automation technology. However, it is not as straightforward as some of the most pessimistic outlooks make it seem.