ChatGPT Reportedly Nearing Bankruptcy

An Unsettling Twist Amidst Alarming Decline in ChatGPT Response Quality

Agam Johal

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The accuracy of GPT-4 in identifying prime numbers plunged from a commendable 97.6% in March 2023 to a mere 2.4% by June of the same year

In a surprising turn of events, the luminary of the AI industry, ChatGPT by OpenAI, is exhibiting severe glitches. A comprehensive analysis by scholars from Stanford and UC Berkeley highlighted a startling drop in the chatbot’s performance. Notably, the accuracy of GPT-4 in identifying prime numbers plunged from a commendable 97.6% in March 2023 to a mere 2.4% by June of the same year. Such inconsistencies in a brief span have generated scepticism regarding AI tools underpinned by GPT-4.

The Fall from Grace

ChatGPT has often been the poster child of AI advancements, paralleling Microsoft’s Bing Chat, which also hinges on OpenAI’s pioneering technology. The venture has ushered in a novel era in the AI domain, continually enhancing user experience through intuitive features. However, this golden run seems tarnishing, with the chatbot reportedly deteriorating in intelligence.

A cloud of economic turbulence now overshadows OpenAI. The organisation is allegedly inching closer to a financial abyss. Analytics India Magazine has elucidated various reasons that could be driving the company towards this precarious position.

Economic Implications and the Role of Investors

A staggering sum of $700,000 is pumped into the daily operations of ChatGPT, equating to a cost of 36 cents for every query.

Maintaining a cutting-edge AI chatbot is financially taxing. The procurement of GPUs from giants like NVIDIA further escalates the expenses. Despite attempts to monetize GPT-3.5 and GPT-4, it appears the firm’s revenue may not suffice to sustain its endeavours. With…

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Agam Johal

Constantly challenging the status quo, I delve into the depths of unconventional wisdom, exploring perspectives off the beaten path and uncharted territories.