WHAT CAN CHATGPT MAKER'S NEW AI MODEL GPT-4 DO?

The company behind the ChatGPT chatbot has rolled out its latest artificial intelligence model, GPT-4, in the next step for a technology that's caught the world's attention.

The new system can figure out tax deductions and answer questions like a Shakespearan pirate, for example, but it still "hallucinates" facts and makes reasoning errors.

Here's a look at San Francisco-based startup OpenAl's latest improvement on the generative Al models that can spit out readable text and unique images:

WHAT'S NEW?

OpenAl says GPT-4" exhibits human-level performance." It's much more reliable, creative and can handle "more nuanced instructions" than its predecessor system, GPT-3.5, which ChatGPT was built on, OpenAl said in its announcement.

In an online demo, OpenAl President Greg Brockman ran through some scenarios that showed off GPT-4's capabilities that appeared to show it's a radical improvement on previous versions.

He demonstrated how the system could quickly come up with the proper income tax deduction after being fed reams of tax code- something he couldn't figure himself.

"It's not perfect, but neither are you. And together it's this amplifying tool that lets you just reach new heights," Brockman said.

WHY DOES IT MATTER? 

Generative Al technology like GPT-4 could be the future of the internet, at least according to Microsoft, which has invested at least $1 billion in OpenAl and made a splash by integrating Al chatbot tech into its Bing browser.

It's part of a new generation of machine-learning systems that can converse, generate readable text on demand and produce novel images and video based on what they've learned from a vast database of digital books and online text.