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The Impact and Future of Generative Pre-trained Transformers: A Study of GPT in Enhancing Business and Technology
- 1 School of Finance & Investment, Guangdong University of Finance, Longdong Street, Guangzhou, China
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Abstract
With the development of artificial intelligence (AI), natural language processing (NIP) has clearly become the key to enhancing AI capabilities, especially through the deployment of GPT. This paper explores the major advances and related commercial applications of GPT, as it is at the cutting edge of AI technology with far-reaching capabilities in terms of text generation, language understanding, and human-machine interaction. Developed by OpenAI, GPT uses innovative transformer architecture to make breakthroughs in a variety of language tasks, marking a major evolution in the potential applications of AI in various industries. This research explores the integration of GPT in sectors, highlighting how its complex text processing capabilities can be utilized to improve efficiency and innovative service delivery. The study highlights the transformative impact of GPT on business efficiency, strategic decision-making, and customer engagement, thanks to its scalable and adaptable AI framework. Finally, the document reflects the need for a strong ethical framework and regulatory supervision to guide the deployment of GPT technologies. As the Global Trade Agreement evolves, it is committed to shaping the future of global industry by promoting innovation while calling for a balanced approach to ethical considerations and social impacts.
Keywords
Generative pre-trained transformers, Natural language processing, Commercial applications, Ethical AI implementation, Investment and financing
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Cite this article
Chen,B. (2024). The Impact and Future of Generative Pre-trained Transformers: A Study of GPT in Enhancing Business and Technology. Advances in Economics, Management and Political Sciences,114,215-220.
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The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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Volume title: Proceedings of ICEMGD 2024 Workshop: Innovative Strategies in Microeconomic Business Management
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