41 AI Terms Everyone Should Know from ChatGPT

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Your first exposure to AI was probably ChatGPT, an AI-chatbot from OpenAI that has the uncanny ability to respond to any inquiry. The power of ChatGPT has been compared to autocomplete on steroids and has been used to write poems, resumes, and fusion recipes.

But the landscape of AI goes well beyond chatbots. It’s wonderful that ChatGPT can help you with your schoolwork or that Midjourney can generate beautiful photos of mechs based on their place of origin, but the potential of this technology could totally alter economies. You should anticipate hearing more and more about artificial intelligence since, according to the McKinsey Global Institute, it has the potential to be worth $4.4 trillion annually to the global economy.

New terminology are constantly emerging as people become used to living in a world where AI is pervasive. Here are some key AI terms you should be familiar with whether you’re attempting to seem intelligent over drinks or dazzle in a job interview.

This vocabulary will be updated frequently.

Artificial general intelligence, or AGI, is a notion that refers to a more sophisticated kind of artificial intelligence than what we now have, one that can carry out tasks far more effectively than humans while also learning and developing its own abilities.

AI ethics: Principles that try to stop AI from hurting people, for example by defining how AI systems should gather data or handle bias.

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