We are entering a new era where a chatbot like ChatGPT can be our executive assistant, customer service rep, data coding guru, basic data analyst, food recipe generator, content writer, unique artist, speech writer and just about anything we could want it to be. Just one prompt will get us what we’re looking for in a minute.

In the past couple of months, ChatGPT has passed both medical and MBA exams, which is simply mind-blowing. When the web, Google and other platforms like Twitter were launched, it took around five years to reach 100 million users — but with ChatGPT, it took five days to enroll 1 million users and just two months to reach 100 million users.

Let’s take a step back and begin by discussing where the data generated by ChatGPT is coming from. ChatGPT stands for chat generative pre-trained transformer and is an advanced neural network model. Developed by an AI research and deployment company called OpenAI, ChatGPT is a large language processing tool that collects data from the internet and uses sophisticated AI prediction models to generate text by completing what the prompt asks it to perform