The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants

By Staff Reporters

SPONSOR: http://www.MARCINKOASSOCIATES.com

***

ChatGPT was launched nearly a year ago, in November 2022. Powered by a large language model trained on 570 gigabytes of internet data (300 billion words), the chatbot can generate text that eerily mimics human speech—but with far more information at its disposal than an actual person. Amazon is not the only company using AI to create theoretically better ads.

• Meta announced its version of an ad generator last month, promising advertisers “a new era of creativity that maximizes the productivity, personalization, and performance” of campaigns.
• Google says its product will allow the future of advertising to evolve.
• TikTok has Creative Assistant, which “draws information from a wealth of TikTok-focused creative knowledge, providing you with the most relevant responses for when you’re creating ads.”

***

But, ChatGPT is not the same for mental health. Experts are warning that while chatbots can offer basic mental health support, they’re not equipped to provide clinical support and can raise thorny issues.

• Ethics: Therapists are trained and licensed and must maintain a certain standard of care; a chatbot isn’t and doesn’t.
• Privacy: When you ask a chatbot a question, you could be putting sensitive information on the internet.
• Safety: A chatbot can give false information (more on that below) or provide harmful instructions.

***

ChatGPT in Education:

• The bar exam: GPT-4 was in the 90th percentile with a score of 298 out of 400. GPT-3.5 came in the 10th percentile.
• The SAT: GPT-4 scored 1400 out of 1600, ranking in the 89th percentile of test-takers. GPT-3.5 scored 1260.
• AP exams: GPT-4 received a 5 on Art History, Biology, Environmental Science, Macroeconomics, Microeconomics, Psychology, Statistics, US Government, and US History, according to OpenAI. GPT-3.5 received a 5 only on Art History and Psychology.
• Sommelier exams: GPT-4 has also passed the Introductory Sommelier, Certified Sommelier, and Advanced Sommelier exams with scores of 92%, 86%, and 77%, respectively. GPT-3.5 had a less discerning palate, earning marks of 80%, 58%, and 46%.

***

***

COMMENTS APPRECIATED

Thank You

***

Filed under: Alternative Investments, Drugs and Pharma, Ethics, Information Technology, Marcinko Associates | Tagged: AI, artificial intelligence, chatbot, chatbox, ChatGPT, google, Marcinko, mental health, Meta, openAI, S&P 500 |