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Artificial Intelligence has seemingly made things a tad easier,but it’s not all that glitters is gold.

Professionals are growing concerned about this emerging trend and whether it might eventually take over some of their jobs.

A robot wearing headphones listening to a laptop in the background.

A robot wearing headphones listening to a laptop in the background.

Both companies continue to ship improvements and new features to their AI-powered chatbots,Bing ChatandChatGPT.

But the hype was short-lived.

This, in turn, made users develop reservations about the tool.

Bing Chat

To mitigate this issue, Microsoft quickly moved to cap Bing Chat’s turn limit to curbthe hallucination episodes.

Not forgetting, these chatbots heavily rely on information from reliable sources.

ChatGPT heavily borrows and relies on human-written content to provide these responses.

A green robot representing ChatGPT and a blue robot representing Bing Chat sitting in a school classroom

On a long enough timeline, it could make guide writing untenable and unprofitable for websites.

If fewer humans are writing content, that would likely result in less high-quality information for ChatGPT to steal.

In that scenario, how will it remain so smart, I wonder?

ChatGPT privacy settings

And sure, there are plenty of people writing guide content for free on forums and Reddit that ChatGPT-3.

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that recommended Ottawa Food Bank as a tourist attraction.

Asking ChatGPT about Python and telling it to ask questions

However, the company has sinceretracted the article, pointing fingers at human errorrather than AI.

However, the chatbot was spotted to provide inaccurate responses as the months progressed.

Users expect the technology to get better with time, not worse.

ChatGPT on Samsung tablet

Is it just me or is #ChatGPT getting dumber by the day?

This points back to my first point, where the chatbot is losing trust among users.

If it’s getting dumber, then what purpose does it serve?

Windows 11 forcing Bing meme

Bankruptcy lurking

Running an AI-powered chatbot is extremely expensive.

As previously reported, OpenAI uses approximately700,000 dollars to trigger the ChatGPT on a daily basis.

This is on top of the ridiculous amount used to procure GPUs from companies like NVIDIA.

A robot representing Bing reading from a computer

Based on this alone, it is evident that this whole venture requires a significant amount of funding.

But as it now seems, the company might be running on fumes.

Several reports have emerged online citing thatthe company might be well on its way to bankruptcy.

Artificial Intelligence AI Assistant Apps - ChatGPT, Anthropic Claude, Google Gemini, Microsoft Copilot, Perplexity, Poe.

And the fact that the number of users leveraging the tool’s capability is steadily declining doesn’t help.

Notably, these figures only reflect the number of users visiting the ChatGPT website, leaving out APIs.

Still, OpenAI is actively seeking ways to make more profit out of its GPT-4 LLMs.

Andrej Karpathy, Director of AI Tesla, a keynote speaker at the Train AI conference in 2018

So Im not at all worried about AGI showing up, or showing up fast.

That means 8 billion people have abundance.

Thats a fantastic world to live in.

Microsoft Edge Vertical Tabs

Altman has also shown concern over safety measures to ensure the technology doesn’t spiral out of control.

The commission’s main role is to ensure that the consumer’s best interests are maintained by the company.

Many organizations have been openly vocal about their reluctance to make use of these chatbots.

Claude AI app by Anthropic is seen displayed on a smartphone screen.

Their concerns are mainly centered around the chatbots using their private data without prior knowledge.

Another analytics firm, YipitData, also shared web traffic metrics showcasing the number of Bing visitors this year.

However, it should be noted that these statistics don’t account for mobile devices and China’s usage.

Microsoft 365 Copilot rebrand for Microsoft Office

But still, the numbers have seemingly stagnated.

The company recently celebratedBing Chat’s six-month anniversary,highlighting its successes.

But this shouldn’t be at the expense of integrity, safety, accuracy, and everything in between.

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Only 49% of the sample size highlighted their concern when asked about job security concerns over AI.

But will this still be the case?

Even with the growing concerns around the technology and the numerous setbacks encountered.

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