ChatGPT OpenAI Chatbot, Stocks, and Investment Opportunities

Feb 20, 2023

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By Leroy A. Brown

OpenAI is an entity that does artificial intelligence (AI) research and aims to use such AI technology to improve human society.

The type of artificial intelligence (AI) OpenAI strives to create are those that are very autonomous (i.e., technology that can operate with little or no human intervention) and can undertake more tasks than regular humans.

OpenAI was started in April 2015 by Tesla’s Elon Musk and Y Combinator’s Sam Altman.

Since then, a test bed (i.e., an area with instruments, equipment, etc., used for testing in exceptionally demanding circumstances) was created, from which AI agents, Universe, and Apen AI Gym came forth by 2016.

AI agents are technology that use sensors (i.e., devices that measure and relay the information as data to be interpreted) and actuators (i.e., where energy is converted into movement) to carry out tasks.

Universe is a software used to measure and instruct AIs across various applications such as games and websites.

Universe helps AI agents to be more human-like while executing tasks and solving problems.

With help from Wolfram, EA, Valve, Microsoft Studios, and other entities, OpenAI was able to get access to many games and platforms, such as SpaceChem, Wing Commander III, and Wolfram Mathematica.

OpenAI Gym is a collection of knowledge used primarily for advancing and analyzing reinforcement learning (RL).

Gym is also an open-source library in Python.

In 2018, the research paper - "Improving Language Understanding by Generative Pre-Training" was published. It was authored by Alec Radford, Karthik Narasimhan, Tim Salimans, and Ilya Sutskever from OpenAI.

The research paper - "Improving Language Understanding by Generative Pre-Training" highlighted that even though understanding natural language involves various approaches such as answering questions and categorizing documents for more straightforward analysis and labeled data (i.e., information tagged to identify specific characteristics), which is very useful in natural language processing is scarce, OpenAI has shown that significant progress can be made in undertaking the various approaches or tasks by using a variety of unlabeled text corpora (i.e., a collection of actual words that are not tagged), and adjust with different learning rates.

The research paper - "Improving Language Understanding by Generative Pre-Training" concluded that nine (9) of the twelve (12) tasks showed significant progress.

The model used in carrying out the tasks achieved just under nine percent (<9%) in the Story Cloze Test (i.e., commonsense reasoning system used to assess comprehending and creating words, images, and script).

Just under six percent (<6%) was the result for answering questions using RACE (i.e., a dataset of passages and questions used for reading and understanding).

About 1.5% was achieved on textual entailment using MultiNLI.

MultiNLI is Multi-Genre Natural Language Inference that has over four hundred thousand (>400,000) sentence pairs through crowd-sourcing. Notes are added for explanation and commentary and to establish binary relations between natural language texts (also called test fragments).

So, what is artificial intelligence (AI)?

Artificial intelligence (AI) can be defined as using computer science and collecting data to solve problems and respond to instructions and prompts.

ChatGPT and OpenAI Personnel and Investors

OpenAI LP was founded by Tesla’s and SpaceX’s Elon Musk and Y Combinator’s Sam Altman in 2015.

In March 2019, Sam Altman stepped down as president of Y Combinator and became chief executive officer (CEO) of OpenAI in May 2019.

By the end of 2019, Microsoft had invested US$1 billion into OpenAI. It started a partnership to assist it in continuing to make artificial general intelligence (AGI) that can acquire knowledge and carry out various tasks.

In 2021, Microsoft made a second investment. By January 23, 2023, Microsoft had plans to inject ten billion dollars (US$10 billion) into OpenAI as reported in The New York Times’ article ‘Microsoft to Invest $10 Billion OpenAI, the Creator of ChatGPT’ by Cade Metz and Karen Weise on January 23, 2023.

The US$10 billion investment has been reported to have Microsoft receive seventy-five percent (75%) of OpenAI’s profits until Microsoft’s investment is redeemed.

After that, Microsoft will have a forty-nine percent (49%) stake in OpenAI.

Microsoft’s Azure cloud computing platform is used to operate OpenAI’s technology.

Microsoft’s Azure is an online platform that provides many services, such as offering platforms, infrastructure, and database management.

Microsoft has allowed businesses to use its OpenAI features, such as ChatGPT and DALL-E 2.

Other investors in OpenAI are Greylock Partners’ and LinkedIn’s Reid Hoffman and Khosla Ventures.

OpenAI is overseen by a board of directors that is comprised of chairman and president Greg Brockman, chief scientist Ilya Sutskever, chief executive officer (CEO) Sam Altman, Quora’s Adam D’ Angelo, Greylock Partners’ and LinkedIn’s Reid Hoffman, Congressman Will Hurd, GeoSim System’s Tasha McCauley, Georgetown University Center for Security and Emerging Technology’s (CSET) Helen Toner, Neuralink’s Shivon Zilis.

OpenAI Technological Products

Some of the known technological products offered by OpenAI are:

ChatGPT Plus or ChatGPT Pro

ChatGPT Plus or ChatGPT Pro is the paid subscription version of ChatGPT and has more features, such as better and faster responses.

ChatGPT

ChatGPT is an artificial intelligence machine learning chatbot model that provides conversational responses to instructions and prompts.

It may be regarded as the more advanced version of InstructGPT, which replies in detail to instructions given.

Codex

Codex is used to change natural language to code.

DALLE-2

DALLE-2 is used to change original pictures.

ChatGPT benefits and limitations

Just like any product, ChatGPT has its benefits and limitations as follows:

Benefits

1. ChatGPT offers greater effectiveness and precision in responding to questions.

2. ChatGPT can be used to help make routine tasks like writing articles easier.

3. ChatGPT may support a variety of tasks that require the comprehension and creation of natural language.

Limitations

1. ChatGPT can be sensitive to changes in input.

2. ChatGPT may provide inaccurate responses to questions.

3. The free version of ChatGPT may not be accessible when the volume of users is high.

A Simple Way To Use ChatGPT

Here is a simple way to use ChatGPT.

Step1

Go to the website https://chat.openai.com/auth/login and log in or sign up.

Step 2

Type in what you want or use prompts for a response.

Example #1

If you want an outline for a book on money management, you may type “write an outline for a book on money management,” then press the arrow at the right and wait on the response.

Example #2

If you want to write an article on how to prevent diabetes, you may type “write an article on how to prevent diabetes,” then press the arrow at the right and wait on the response.

Example #3

If you want to know the top social media to find high-value clients, you may type “list the top social media to find high-value clients,” then press the arrow at the right and wait on the response.

Example #4

If you want to translate a sentence into a language like Spanish, you may type “translate this sentence ‘HERE YOU TYPE SENTENCE’ to Spanish,” then press the arrow at the right and wait on the response.

Example #5

If you want to create a marketing campaign for a product or service like an energy drink, you may type “create a marketing campaign for an energy drink,” then press the arrow at the right and wait on the response.

Step 3

Use the response as you wish.

For example, you may use the essay as a blog by editing it a bit so it is not flagged by artificial intelligence (AI) article trackers and then post it on your blog, website, etc.

The Difference Between ChatGPT Pro or ChatGPT Plus and ChatGPT

ChatGPT Pro or ChatGPT Plus and ChatGPT are software that operates as chatbots. OpenAI developed them using natural language processing (NLP) in a general way and machine learning algorithms to enable these chatbots to have conversational responses depending on instructions or prompts.

Some of the differences between ChatGPT Pro/Plus and ChatGPT are:

One of the differences between ChatGPT Pro/Plus and ChatGPT is that ChatGPT Pro/Plus is more advanced, and as such, it is capable of doing more tasks.

ChatGPT Pro/Plus provides quicker responses than ChatGPT.

ChatGPT Pro/Plus is a paid subscription service, while ChatGPT is free.

ChatGPT Pro/Plus has more dependable access than ChatGPT, such as using it even when the volume of users is high.

ChatGPT Pro/Plus users will be able to use new features before ChatGPT users if it becomes available to them.

ChatGPT Pro/Plus is available primarily to users in the United States (U.S.), while ChatGPT is available in many other countries like Canada, England, etc.

ChatGPT Pro/Plus can respond more accurately to prompts and instructions than ChatGPT.

ChatGPT Pro/Plus is designed to be more secure and private than ChatGPT because of the advanced encryption and data protection actions taken.

ChatGPT Pro/Plus offers the ability to send unlimited messages, while ChatGPT offers limited messaging.

ChatGPT Pro/Plus was trained on a more extensive and varied dataset than ChatGPT, which enables it to be more accurate and conversational.

Specific data can be used to improve ChatGPT Pro/Plus performance.

Because ChatGPT Pro/Plus is available as an application programming interface (API), it makes it easier for developers and users to integrate it into their technological applications and systems.

ChatGPT Pro/Plus can undertake much more requests than ChatGPT.

ChatGPT Pro/Plus is better able to understand situational information than ChatGPT.

How ChatGPT can be used to improve your life

There are various ways ChatGPT can be used to improve your life, and below are a few:

ChatGPT can help you to learn more.

For example, by simply instructing ChatGPT to translate a sentence in your specific language to another language, you may gradually learn that other language.

You may use ChatGPT to be more efficient.

For example, you may instruct ChatGPT to provide an answer to an email specific to the information presented in the email.

ChatGPT may help you to be a better writer.

For example, if you have no idea how to start an article, you may instruct ChatGPT to write the article, and then you may edit it as necessary.

ChatGPT may help you make a decision.

For example, if you are unsure if you should create a LinkedIn profile, you may simply ask ChatGPT, “should I create a LinkedIn profile,” and wait for the response.

How ChatGPT can be used for work, career, and to make money

There are several ways ChatGPT can be used for work, career, and to make money, as follows:

ChatGPT can be used to generate code

For example, suppose you want to use an external application programming interface (API). You may instruct ChatGPT to “generate a boilerplate code that integrates an external API using ‘TYPE SPECIFIC PROGRAMMING LANGUAGE HERE LIKE PYTHON.’”

ChatGPT can be used for email marketing campaigns.

Using the vast amount of data ChatGPT has, it can generate email campaigns specific to consumers' interests and behavior.

ChatGPT can be used for customer service.

This is where you train ChatGPT to answer questions that customers may ask, among other tasks.

ChatGPT can be used to generate content.

As a content creator, ChatGPT may be used to generate articles for blogs, scripts for videos, etc.

OpenAI and ChatGPT Investment Opportunities

Currently, ChatGPT is a leader in its field, and with the additional US $ 10 billion support from Microsoft, it doesn’t appear to lose that lead anytime soon.

Therefore, now may be an excellent time to get involved and profit from OpenAI and ChatGPT.

There are three (3) ways you may profit from OpenAI and ChatGPT as follows:

You may invest directly into OpenAI just like Microsoft, and other investors have done.

It may take a few years to redeem your investment and make a profit. However, it may be worth it.

Just remember that on May 15, 1997, Amazon had its initial public offer (IPO).

An IPO is a company’s first offering to the public.

On May 15, 1997, Amazon’s IPO shares were US$18 each.

By December 24, 2022, and after twenty-five (25) years, early investors who took up the IPO offer and invested approximately US$10,000 would have made about one hundred and sixteen thousand percent (116,000%) return on their investment after four (4) split events. This would equate to approximately US$11.5 million.

The US$11.5 million suggests that the investment compounded annually by approximately thirty-two percent (~32%), which is at about five times (5x) the benchmark S&P 500 index annual compound return over the same timeframe.

Now imagine how much the people who invested before the IPO made in 1997 and 2022.

How much will Microsoft make before and after any potential OpenAI IPO?

Another way to invest in OpenAI and ChatGPT is to invest in Microsoft.

On April 30, 2015, the same month and year OpenAI started, Microsoft Corporation (MSFT) share price closed at US$46.86 on the Nasdaq.

On February 17, 2023, Microsoft Corporation (MSFT) share price closed at US$258.06 on the Nasdaq.

This shows that Microsoft’s shares and value have increased considerably since the inception of OpenAI.

Now, this doesn’t mean it is because of OpenAI that its share and value went up. You may have to do more research to know what factors have contributed to Microsoft’s over five hundred and fifty percent (>550%) increase in share price in roughly eight (8) years.

Additionally, as highlighted above, you may invest in OpenAI and ChatGPT by using the technology to improve your life, be more efficient at work, further your career, and make money.

You may watch YouTube videos at https://www.youtube.com/watch?v=YsTRIXaB0Cg to discover more uses and ways to make money with ChatGPT.

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