Friday, February 24, 2023

ChatGPT - Revolution or bubble?



At "IRI§23", the International Legal Informatics Symposium in Salzburg, ChatGPT was the star. The deserving organizers had not quite expected this, but the number of visitors to the corresponding streams was high.

But what exactly is so special about this new technology?
  • The ability to correctly interp'ret human language, say some.
  • The ability to even write texts in a flawless form, the others.
  • ChatGPT revolutionizes database searching, according to some; or not.
  • It is a system that should be used only by experts because of its error-proneness - or, according to another opinion, only by non-professionals.
And so it went on, and every opinion was well-founded! There was even disagreement on the question of whether ChatGPT would tsunami-like overrun the legal world or whether it was just a risky bubble.

At least concerning the last question I have a clear opinion: ChatGPT (and the epigones) are too big to fail. The billion dollar investment leaves no other development. And after all, never in history has a new technology found so many users so quickly.

Conversational AI is making history, but no one knows exactly what form it will take.

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