GPT-3 (Generative Pretrained Transformer 3) is a state-of-the-art language processing AI model developed by OpenAI. It is capable of generating human-like text and has a wide range of applications, including language translation, language modelling, and generating text for applications such as chatbots. It is one of the largest and most powerful language processing AI models to date, with 175 billion parameters.

Its most common use so far is creating ChatGPT - a highly capable chatbot. To give you a little taste of its most basic ability, we asked GPT-3's chatbot to write its own description as you can see above. It’s a little bit boastful, but completely accurate and arguably very well written.
In less corporate terms, GPT-3 gives a user the ability to give a trained AI a wide range of worded prompts. These can be questions, requests for a piece of writing on a topic of your choosing or a huge number of other worded requests.

With its 175 billion parameters, its hard to narrow down what GPT-3 does. The model is, as you would imagine, restricted to language. It can’t produce video, sound or images like its brother Dall-E 2, but instead has an in-depth understanding of the spoken and written word.

Business Management software brings together applications for accounting, contact management, customer relationship management, project and process management and human resources into a single suite.

Business Management software can be generic or created specifically for a business category eg farm management software, practice management software, insurance management software etc

General purpose artificial intelligence technologies such as ChatGPT, are quickly transforming the way AI systems are built and deployed.

While these technologies are expected to brin benefits in the coming year, their disruptive nature raises questions around privacy and intellectual property rights, liability and accountability, and concerns about the potential to spread disinformation and misinformation.

Information and Communication Technology is the blanket term for the products that store, retrieve, manipulate, transmit and receive information electronically in a digital form.

ICT includes hardware, software, wired and wireless networks and telecommunications.

Over 3 billion people now have access to the internet. The rapid adoption and use of technology has provided a ubiquitous platform for everyday life.
But the digital revolution has created many digital divides, between the high-speed broadband connected and the unconnected, the digitally savvy and the digitally ignorant, those who can afford all the latest gadgets and those who can’t and so on.

And the computerisation, robotisation and automation of many traditional business tasks is changing the nature of work and jobs, education, health, government, entertainment and recreation radically.

ICT continues to develop and evolve with nanotechnology, artificial intelligence, virtual and augmented reality, social media and robots pushing into more areas of our world.

As the world becomes ever more connected, positive opportunities for new connections, trade, sharing and collaboration increase daily.

But so do the threats, and scammers, hackers, organised crime, and even state sponsored cybercriminals are increasingly active with identity theft, blackmail, denial of service attacks and phishing.

So it becomes increasingly important for all technology issues to be discussed openly and honestly and for CEOs, boards and management teams to really understand all sides of the ICT story.