Poll: ChatGPT 🤖

This week, we asked the Invstr Community what they believe will result following Microsoft’s investment into automating the writing tool ChatGPT. The winner, with almost a third of the votes, was the 32 percent of Invstrs who believe ChatGPT will increase productivity. As ChatGPT has a variety of high-functioning capabilities, it is easy to see how the tool can solve several human tasks much more efficiently. Whether it be code debugging, excel help, or essay writing, ChatGPT is able to provide convincingly human responses in a matter of seconds. With the current product still being relatively new, it is evident that years of innovation can turn this simple writing tool into a service that can increase productivity by automating hundreds of remedial tasks. In second place, we have the 24 percent of Invstrs who do not care for ChatGPT, wanting to just go back to using humans to complete tasks. As the topic in question is quite controversial, almost a quarter of Invstrs are worried about a future involving ChatGPT. There are several implications that play into a world with ChatGPT; cheating in schools is much easier, there is more difficulty in distinguishing authentic and automated journalism, and human critical thought may decrease.

In close third place is the 21 percent of Invstrs who believe that more innovation will take place following Microsoft’s investment. As ChatGPT is only in its infantile stage, it has years of potential innovation that can turn it into a disruptive innovator in the search engine space. In the future, people theorize that ChatGPT can be an equal competitor to Google, so long as it is able to use real-time data. In second-to-last place, we have the 16 percent of investors who are worried ChatGPT will take their job in the future. Several believe that AI and Robotics will be able to automate any job, thus increasing unemployment levels across the developed world. Although there are varying opinions, the overall consensus does believe that although they may limit jobs, this will only happen in certain industries, and humans will occupy jobs that aren’t as easily automated. To close out the podium, we have the 7 percent of Invstrs who believe more creativity will be the result of Microsoft’s hefty investment. As ChatGPT is only a writing tool, there is a lot of room for more creative ideas for OpenAI, ChatGPT’s creator, to make. Even their image-generating tool, DALL-E-2, is already on its own disruptive path. Nevertheless, Microsoft’s investment into ChatGPT can spell several benefits, and potentially consequences, in the near future.

Do you think the world will change drastically following Microsoft’s investment in ChatGPT? Have fun, and see you next time with more poll results!

  • The Invstr Team 🙂

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