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Artificial intelligence (AI) has been one of the most significant technological advancements of our time. The ability of machines to learn, adapt and improve based on data is transforming the way we live and work. One of the most exciting applications of AI is in natural language processing (NLP), which enables machines to understand and respond to human language. One of the most powerful examples of NLP is ChatGPT, an AI-based language model developed by OpenAI.
Let’s explore the potential of AI and ChatGPT for business growth by looking at some real-world examples of AI usage and examining how ChatGPT can be used to drive growth — but not without addressing some of the challenges and limitations of AI and exploring how businesses can overcome them.