Understanding Artificial Intelligence (AI) and The Incredible Uses and Fallbacks of ChatGPT

ChatGPT has been created with one main objective - to predict the next word in a sentence, based on what's typically happened in the gigabytes of text data that it's been trained on.

Once you give ChatGPT a question or prompt, it passes through the AI model and the chatbot produces a response based on the information you've given and how that fits into its vast amount of training data. It's during this training that ChatGPT has learned what word, or sequence of words, typically follows the last one in a given context. 

During this webinar, we discuss the background, purpose, usability, and the pros and cons.

Did you ever hear of the saying, "People fear the unknown?" Artificial intelligence scares people, but it is the future, and we need to understand the tools and resources it offers. It's also about saving time, that's what technology and in this case, artificial intelligence can do for you. If you want to save time and have a better qualify of life, this training is for you.

• Background of ChatGPT
• How can it help Accountants
• Impact to the industry
• How to use it for accounting

• Background of ChatGPT
• How can I use it effectively?
• Use cases
• Benefits
• Risks
• Takeaways

Artificial Intelligence (AI) has revolutionized various industries, including accounting, by automating repetitive tasks, enhancing data analysis, and improving decision-making processes. Among the AI tools making waves is ChatGPT, a language model developed by OpenAI. ChatGPT is capable of generating human-like text, making it a valuable asset for professionals who need to draft documents, answer queries, or provide detailed explanations.