{"id":50091,"date":"2023-04-18T08:45:13","date_gmt":"2023-04-18T13:45:13","guid":{"rendered":"https:\/\/simfoni.com\/?p=50091"},"modified":"2023-04-18T10:34:33","modified_gmt":"2023-04-18T15:34:33","slug":"ai-in-the-age-of-chatgpt","status":"publish","type":"post","link":"https:\/\/simfoni.com\/engineering\/ai-in-the-age-of-chatgpt\/","title":{"rendered":"Beyond the Hype: Managing Our Expectations of AI in the Age of ChatGPT"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"50091\" class=\"elementor elementor-50091\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-a5b6c7c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"78362\" data-id=\"a5b6c7c\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-41bdbb1\" data-eae-slider=\"7094\" data-id=\"41bdbb1\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f59ed89 elementor-blockquote--skin-border elementor-blockquote--button-view-icon-text elementor-blockquote--button-skin-classic elementor-widget elementor-widget-blockquote\" data-id=\"f59ed89\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"blockquote.default\">\n\t\t\t\t\t\t\t<blockquote class=\"elementor-blockquote\">\n\t\t\t<p class=\"elementor-blockquote__content\">\n\t\t\t\t&ldquo;We overestimate the impact of technology in the short-term and underestimate the effect in the long run.&rdquo;\t\t\t<\/p>\n\t\t\t\t\t\t\t<div class=\"e-q-footer\">\n\t\t\t\t\t\t\t\t\t\t\t<cite class=\"elementor-blockquote__author\">- Ray Amara, Stanford computer scientist <\/cite>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/twitter.com\/intent\/tweet?text=%E2%80%9CWe+overestimate+the+impact+of+technology+in+the+short-term+and+underestimate+the+effect+in+the+long+run.%E2%80%9D+%E2%80%94+-+Ray+Amara%2C+Stanford+computer+scientist+&amp;url=https%3A%2F%2Fsimfoni.com%2Fengineering%2Fai-in-the-age-of-chatgpt%2F&amp;via=simfoniapps\" class=\"elementor-blockquote__tweet-button\" target=\"_blank\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-twitter\" viewbox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M459.37 151.716c.325 4.548.325 9.097.325 13.645 0 138.72-105.583 298.558-298.558 298.558-59.452 0-114.68-17.219-161.137-47.106 8.447.974 16.568 1.299 25.34 1.299 49.055 0 94.213-16.568 130.274-44.832-46.132-.975-84.792-31.188-98.112-72.772 6.498.974 12.995 1.624 19.818 1.624 9.421 0 18.843-1.3 27.614-3.573-48.081-9.747-84.143-51.98-84.143-102.985v-1.299c13.969 7.797 30.214 12.67 47.431 13.319-28.264-18.843-46.781-51.005-46.781-87.391 0-19.492 5.197-37.36 14.294-52.954 51.655 63.675 129.3 105.258 216.365 109.807-1.624-7.797-2.599-15.918-2.599-24.04 0-57.828 46.782-104.934 104.934-104.934 30.213 0 57.502 12.67 76.67 33.137 23.715-4.548 46.456-13.32 66.599-25.34-7.798 24.366-24.366 44.833-46.132 57.827 21.117-2.273 41.584-8.122 60.426-16.243-14.292 20.791-32.161 39.308-52.628 54.253z\"><\/path><\/svg>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-blockquote__tweet-label\">Tweet<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/blockquote>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-4b4293d elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"57113\" data-id=\"4b4293d\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-0f1b1fe\" data-eae-slider=\"21955\" data-id=\"0f1b1fe\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f45d932 elementor-widget elementor-widget-text-editor\" data-id=\"f45d932\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW176291533 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><strong><a href=\"https:\/\/simfoni.com\/\" target=\"_blank\" rel=\"noopener\"><span class=\"NormalTextRun SpellingErrorV2Themed SCXW176291533 BCX0\">Simfoni&rsquo;s<\/span><\/a><span class=\"NormalTextRun SCXW176291533 BCX0\"> Chief Technology Officer <a href=\"https:\/\/www.linkedin.com\/in\/alanbuxton\/\" target=\"_blank\" rel=\"noopener\">Alan Buxton<\/a><\/span><\/strong><span class=\"NormalTextRun SCXW176291533 BCX0\"> shares insights into expectations around <\/span><span class=\"NormalTextRun SCXW176291533 BCX0\">the capabilit<\/span><span class=\"NormalTextRun SCXW176291533 BCX0\">ies<\/span><span class=\"NormalTextRun SCXW176291533 BCX0\"> of AI<\/span><span class=\"NormalTextRun SCXW176291533 BCX0\"> and what it means for <\/span><span class=\"NormalTextRun SCXW176291533 BCX0\"><a href=\"https:\/\/simfoni.com\/procurement\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Procurement\" target=\"_blank\" rel=\"noopener\">procurement<\/a>.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1657c8c elementor-widget elementor-widget-text-editor\" data-id=\"1657c8c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW153778617 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><a href=\"https:\/\/en.wikipedia.org\/wiki\/ChatGPT\" target=\"_blank\" rel=\"noopener\"><span class=\"NormalTextRun SCXW153778617 BCX0\">ChatGPT<\/span><\/a> <span class=\"NormalTextRun SCXW153778617 BCX0\">has <\/span><span class=\"NormalTextRun SCXW153778617 BCX0\">brought <strong>&lsquo;Artificial Intelligence&rsquo;<\/strong><\/span><span class=\"NormalTextRun SCXW153778617 BCX0\"> and specifically, <strong>&lsquo;Generative AI&rsquo;<\/strong><\/span> <span class=\"NormalTextRun SCXW153778617 BCX0\">well <\/span><\/span><span class=\"TrackChangeTextInsertion TrackedChange SCXW153778617 BCX0\"><span class=\"TextRun SCXW153778617 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW153778617 BCX0\">i<\/span><\/span><\/span><span class=\"TextRun SCXW153778617 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW153778617 BCX0\">nto the mainstream<\/span><span class=\"NormalTextRun SCXW153778617 BCX0\">.<\/span><span class=\"NormalTextRun SCXW153778617 BCX0\">&nbsp;<\/span> <span class=\"NormalTextRun SCXW153778617 BCX0\">This is a world-changing time<\/span><span class=\"NormalTextRun SCXW153778617 BCX0\">.&nbsp; <\/span><span class=\"NormalTextRun SCXW153778617 BCX0\">(<\/span><span class=\"NormalTextRun SCXW153778617 BCX0\">It must have felt like this when the printing press came along<\/span><span class=\"NormalTextRun SCXW153778617 BCX0\">!)<\/span> <span class=\"NormalTextRun SCXW153778617 BCX0\">It&rsquo;s<\/span><span class=\"NormalTextRun SCXW153778617 BCX0\"> impressive how quickly Large Language Models and Generative AI have caught the world&rsquo;s imagination.&nbsp;<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-a371a28\" data-eae-slider=\"69019\" data-id=\"a371a28\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"background_background\":\"classic\",\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a379ce8 elementor-widget elementor-widget-spacer\" data-id=\"a379ce8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-82d8bc3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"92029\" data-id=\"82d8bc3\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9fefa8d\" data-eae-slider=\"70707\" data-id=\"9fefa8d\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-81d0686 elementor-widget elementor-widget-text-editor\" data-id=\"81d0686\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW123100973 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW123100973 BCX0\">At <\/span><span class=\"NormalTextRun SCXW123100973 BCX0\">Simfoni<\/span><span class=\"NormalTextRun SCXW123100973 BCX0\">, <\/span><span class=\"NormalTextRun SCXW123100973 BCX0\">we&rsquo;ve<\/span><span class=\"NormalTextRun SCXW123100973 BCX0\"> been working intensively with <\/span><\/span><a class=\"Hyperlink SCXW123100973 BCX0\" href=\"https:\/\/simfoni.com\/spend-management\/transformers-more-than-meets-the-eye-in-spend-classification\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW123100973 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW123100973 BCX0\" data-ccp-charstyle=\"Hyperlink\">transformers<\/span><\/span><\/a><span class=\"TextRun SCXW123100973 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW123100973 BCX0\">&mdash;<\/span><span class=\"NormalTextRun SCXW123100973 BCX0\">the technology that underpins <\/span><span class=\"NormalTextRun SCXW123100973 BCX0\">ChatGPT<\/span><span class=\"NormalTextRun SCXW123100973 BCX0\">,<\/span><span class=\"NormalTextRun SCXW123100973 BCX0\"> since the middle of 2021 and have become familiar with both the strengths and pitfalls of this technology<\/span><span class=\"NormalTextRun SCXW123100973 BCX0\">.&nbsp; <\/span><span class=\"NormalTextRun SCXW123100973 BCX0\">As we<\/span><span class=\"NormalTextRun SCXW123100973 BCX0\"> mov<\/span><span class=\"NormalTextRun SCXW123100973 BCX0\">e<\/span><span class=\"NormalTextRun SCXW123100973 BCX0\"> at pace through <\/span><span class=\"NormalTextRun CommentStart SCXW123100973 BCX0\">Gartner&rsquo;s Hype Cycle,<\/span><span class=\"NormalTextRun SCXW123100973 BCX0\"> I want to share some insights <\/span><span class=\"NormalTextRun SCXW123100973 BCX0\">on the current <strong>&ldquo;hype&rdquo;<\/strong> surrounding <\/span><span class=\"NormalTextRun SCXW123100973 BCX0\">AI <\/span><span class=\"NormalTextRun SCXW123100973 BCX0\">to<\/span><span class=\"NormalTextRun SCXW123100973 BCX0\"> help you navigate up <\/span><span class=\"NormalTextRun SCXW123100973 BCX0\">the <\/span><span class=\"NormalTextRun SCXW123100973 BCX0\">peak of inflated expectations (where we are now)&mdash;and through the <\/span><span class=\"NormalTextRun CommentStart SCXW123100973 BCX0\">inevitable trough of disillusionment that is coming<\/span><span class=\"NormalTextRun SCXW123100973 BCX0\">. As exciting and transformative as AI may seem, navigating it in the world of <a href=\"https:\/\/simfoni.com\/procurement\/\" target=\"_blank\" rel=\"noopener\"><strong>procurement<\/strong><\/a> requires grounded understanding to avoid falling into disappointment<\/span><span class=\"NormalTextRun SCXW123100973 BCX0\">.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-82605c0 elementor-widget elementor-widget-text-editor\" data-id=\"82605c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<blockquote><p><em><span class=\"NormalTextRun CommentStart CommentHighlightPipeRest CommentHighlightRest SCXW53670974 BCX0\">&ldquo;AI in <a href=\"https:\/\/simfoni.com\/sourcing\/\" target=\"_blank\" rel=\"noopener\">sourcing<\/a> and procurement <\/span><span class=\"NormalTextRun CommentHighlightRest SCXW53670974 BCX0\">remains<\/span><span class=\"NormalTextRun CommentHighlightRest SCXW53670974 BCX0\"> overhyped, with use cases throughout the <a href=\"https:\/\/simfoni.com\/source-to-pay\/\" target=\"_blank\" rel=\"noopener\">S2P<\/a> process. Most use cases are still <\/span><span class=\"NormalTextRun CommentHighlightRest SCXW53670974 BCX0\">emerging<\/span><span class=\"NormalTextRun CommentHighlightRest SCXW53670974 BCX0\">, but reliability on and adoption of longer-standing use cases is increasing. Maturity is highly variable depending on the use case, which is reflected across AP invoice automation (APIA), conversational UI, autonomous <\/span><span class=\"NormalTextRun CommentHighlightRest SCXW53670974 BCX0\"><a href=\"https:\/\/simfoni.com\/sourcing\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Sourcing\" target=\"_blank\" rel=\"noopener\">sourcing<\/a><\/span><span class=\"NormalTextRun CommentHighlightRest SCXW53670974 BCX0\"> and <a href=\"https:\/\/simfoni.com\/automatic-sourcing\/\" data-internallinksmanager029f6b8e52c=\"29\" title=\"Automatic Sourcing\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">autonomous procurement<\/span><\/a>.&rdquo;<\/span><\/em><\/p><p><span style=\"font-size: 10pt;\"><strong><span class=\"TextRun SCXW151013022 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun CommentHighlightRest SCXW151013022 BCX0\">Source: Gartner Hype Cycle <\/span><span class=\"NormalTextRun CommentHighlightRest SCXW151013022 BCX0\">for<\/span><span class=\"NormalTextRun CommentHighlightRest SCXW151013022 BCX0\"> Procurement &amp; Sourcing Solutions, 2022. By Analyst(s): Kaitlynn Sommers, Micky Keck, Patrick Connaughton, Lynne Phelan<\/span><\/span><\/strong><\/span><span class=\"EOP CommentHighlightPipeRest SCXW151013022 BCX0\" data-ccp-props='{\"201341983\":0,\"335559685\":720,\"335559739\":160,\"335559740\":240}'>&nbsp;<\/span><\/p><\/blockquote>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a76c1d elementor-widget elementor-widget-text-editor\" data-id=\"8a76c1d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW4211621 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW4211621 BCX0\">To begin, <\/span><span class=\"NormalTextRun SCXW4211621 BCX0\">l<\/span><span class=\"NormalTextRun SCXW4211621 BCX0\">et&rsquo;s<\/span><span class=\"NormalTextRun SCXW4211621 BCX0\"> be clear about <\/span><span class=\"NormalTextRun SCXW4211621 BCX0\">what <\/span><span class=\"NormalTextRun SCXW4211621 BCX0\">people mean when they say <strong>&ldquo;AI<\/strong><\/span><span class=\"NormalTextRun SCXW4211621 BCX0\"><strong>&rdquo;<\/strong>.<\/span><span class=\"NormalTextRun SCXW4211621 BCX0\"> What most people think of AI is <\/span><span class=\"NormalTextRun SCXW4211621 BCX0\">very different<\/span><span class=\"NormalTextRun SCXW4211621 BCX0\"> from what people researching or working in AI know it to be. Close your eyes for a few moments and see what comes to mind when you think of &ldquo;AI<\/span><span class=\"NormalTextRun SCXW4211621 BCX0\">&rdquo;.<\/span><span class=\"NormalTextRun SCXW4211621 BCX0\">&nbsp; Did you think of something out of a sci-fi film with a conscious machine that looks and acts like a human but <\/span><span class=\"NormalTextRun SCXW4211621 BCX0\">isn&rsquo;t<\/span><span class=\"NormalTextRun SCXW4211621 BCX0\">? <\/span><span class=\"NormalTextRun SCXW4211621 BCX0\">Bad news<\/span><span class=\"NormalTextRun SCXW4211621 BCX0\"> if you did: <\/span><span class=\"NormalTextRun SCXW4211621 BCX0\">That&rsquo;s<\/span><span class=\"NormalTextRun SCXW4211621 BCX0\"> not what the industry has in mind when they say <strong>&ldquo;AI<\/strong><\/span><span class=\"NormalTextRun SCXW4211621 BCX0\"><strong>&rdquo;<\/strong>.<\/span> <span class=\"NormalTextRun SCXW4211621 BCX0\">That&rsquo;s<\/span><span class=\"NormalTextRun SCXW4211621 BCX0\"> what we call <strong>&ldquo;Artificial General Intelligence<\/strong><\/span><span class=\"NormalTextRun SCXW4211621 BCX0\"><strong>&rdquo;<\/strong>,<\/span><span class=\"NormalTextRun SCXW4211621 BCX0\"> or AGI. If I had my way, we would replace &lsquo;AI&rsquo; with a more <\/span><span class=\"NormalTextRun SCXW4211621 BCX0\">accurate<\/span><span class=\"NormalTextRun SCXW4211621 BCX0\"> term like &lsquo;Assistive Computation&rsquo; <\/span><\/span><a class=\"Hyperlink SCXW4211621 BCX0\" href=\"https:\/\/mastodon.social\/@ilyaz\/109414907206515753\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW4211621 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW4211621 BCX0\" data-ccp-charstyle=\"Hyperlink\">as proposed by <\/span><span class=\"NormalTextRun SCXW4211621 BCX0\" data-ccp-charstyle=\"Hyperlink\">Ilyaz<\/span><span class=\"NormalTextRun SCXW4211621 BCX0\" data-ccp-charstyle=\"Hyperlink\"> Nasrullah<\/span><\/span><\/a><span class=\"TextRun SCXW4211621 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW4211621 BCX0\">. This would <\/span><span class=\"NormalTextRun SCXW4211621 BCX0\">eliminate<\/span><span class=\"NormalTextRun SCXW4211621 BCX0\"> a lot of confusion around the scope, <\/span><span class=\"NormalTextRun SCXW4211621 BCX0\">function,<\/span><span class=\"NormalTextRun SCXW4211621 BCX0\"> and value of <strong><a href=\"https:\/\/simfoni.com\/ai-in-procurement\/\" data-internallinksmanager029f6b8e52c=\"22\" title=\"AI in Procurement\" target=\"_blank\" rel=\"noopener\">AI in procurement<\/a>.<\/strong><\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f10131c elementor-widget elementor-widget-text-editor\" data-id=\"f10131c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #008080;\"><strong>Read more: Guide to <a href=\"https:\/\/simfoni.com\/ai-in-procurement\/\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #ff6600;\">AI in Procurement<\/span><\/a><\/strong><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d55f326 elementor-widget elementor-widget-video\" data-id=\"d55f326\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings='{\"video_type\":\"hosted\",\"autoplay\":\"yes\",\"mute\":\"yes\",\"loop\":\"yes\"}' data-widget_type=\"video.default\">\n\t\t\t\t\t\t\t<div class=\"e-hosted-video elementor-wrapper elementor-open-inline\">\n\t\t\t\t\t<video class=\"elementor-video\" src=\"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/04\/AI-in-Procurement.mp4\" autoplay=\"\" loop=\"\" muted=\"muted\" controlslist=\"nodownload\"><\/video>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a7f1c65 elementor-widget elementor-widget-heading\" data-id=\"a7f1c65\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is &lsquo;AI&rsquo; to AI Professionals?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-95b5f4f elementor-widget elementor-widget-text-editor\" data-id=\"95b5f4f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW100062324 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW100062324 BCX0\">Are you familiar with Pac-Man? The video game with the round yellow creature that <\/span><span class=\"NormalTextRun SCXW100062324 BCX0\">must<\/span><span class=\"NormalTextRun SCXW100062324 BCX0\"> eat the dots while avoiding brightly-<\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW100062324 BCX0\">colored<\/span><span class=\"NormalTextRun SCXW100062324 BCX0\"> ghosts? Those ghosts are AI. Yep, you read that right. The ghosts follow simple rules about when to chase Pac-Man, which is <\/span><span class=\"NormalTextRun SCXW100062324 BCX0\">essentially AI<\/span><span class=\"NormalTextRun SCXW100062324 BCX0\">. (You can read all about the clever AI <\/span><\/span><a class=\"Hyperlink SCXW100062324 BCX0\" href=\"https:\/\/pacman.fandom.com\/wiki\/Maze_Ghost_AI_Behaviors\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW100062324 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW100062324 BCX0\" data-ccp-charstyle=\"Hyperlink\">algorithms that power them here<\/span><\/span><\/a><span class=\"TextRun SCXW100062324 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW100062324 BCX0\">)<\/span><span class=\"NormalTextRun SCXW100062324 BCX0\">.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-46499ce elementor-widget elementor-widget-text-editor\" data-id=\"46499ce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"NormalTextRun SCXW89562525 BCX0\">To researchers in the field, AI is something that <\/span><span class=\"NormalTextRun SCXW89562525 BCX0\">operates<\/span><span class=\"NormalTextRun SCXW89562525 BCX0\"> independently to achieve an <\/span><span class=\"NormalTextRun SCXW89562525 BCX0\">objective<\/span><span class=\"NormalTextRun SCXW89562525 BCX0\">. This could be anything from catching Pac-Man to predicting stock quantity fluctuations. <\/span><span class=\"NormalTextRun SCXW89562525 BCX0\">That&rsquo;s<\/span><span class=\"NormalTextRun SCXW89562525 BCX0\"> it. There is no implication of knowing or understanding anything other than the task at hand.&nbsp;<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e36555f elementor-widget elementor-widget-text-editor\" data-id=\"e36555f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW217137067 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW217137067 BCX0\">Keep this in the back of your mind as we come to <\/span><span class=\"NormalTextRun SCXW217137067 BCX0\">OpenAI&rsquo;s<\/span><span class=\"NormalTextRun SCXW217137067 BCX0\"> tool, <\/span><span class=\"NormalTextRun SCXW217137067 BCX0\">ChatGPT<\/span><span class=\"NormalTextRun SCXW217137067 BCX0\">. You can think of <\/span><span class=\"NormalTextRun SCXW217137067 BCX0\">ChatGPT<\/span><span class=\"NormalTextRun SCXW217137067 BCX0\"> as the combination of two bits of tech: a chat engine, and the GPT language model. GPT is a proprietary language model created by <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW217137067 BCX0\">OpenAI<\/span><span class=\"NormalTextRun SCXW217137067 BCX0\">. Other companies like Meta, Google, Nvidia, and Microsoft each have similar language models. <\/span><span class=\"NormalTextRun SCXW217137067 BCX0\">All<\/span><span class=\"NormalTextRun SCXW217137067 BCX0\"> these language models are fed vast quantities of text to <\/span><span class=\"NormalTextRun SCXW217137067 BCX0\">identify<\/span><span class=\"NormalTextRun SCXW217137067 BCX0\"> patterns and predict what word will come next. Think of them as <\/span><span class=\"NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW217137067 BCX0\">auto-complete<\/span><span class=\"NormalTextRun SCXW217137067 BCX0\"> on steroids<\/span><span class=\"NormalTextRun SCXW217137067 BCX0\">.<\/span><span class=\"NormalTextRun SCXW217137067 BCX0\">&nbsp;<\/span><span class=\"NormalTextRun SCXW217137067 BCX0\">&nbsp;<\/span><\/span><span class=\"EOP SCXW217137067 BCX0\" data-ccp-props='{\"201341983\":0,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e8aeff1 elementor-widget elementor-widget-text-editor\" data-id=\"e8aeff1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW146398672 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun CommentStart CommentHighlightPipeClicked CommentHighlightClicked SCXW146398672 BCX0\">The<\/span><strong><span class=\"NormalTextRun CommentStart CommentHighlightPipeClicked CommentHighlightClicked SCXW146398672 BCX0\"> &ldquo;T&rdquo; in GPT is for &ldquo;<\/span><span class=\"NormalTextRun CommentHighlightClicked SCXW146398672 BCX0\">T<\/span><span class=\"NormalTextRun CommentHighlightClicked SCXW146398672 BCX0\">ransformers<\/span><\/strong><span class=\"NormalTextRun CommentHighlightClicked SCXW146398672 BCX0\">&rdquo;,<\/span><span class=\"NormalTextRun CommentHighlightClicked SCXW146398672 BCX0\"> whic<\/span><span class=\"NormalTextRun CommentHighlightClicked SCXW146398672 BCX0\">h <\/span><span class=\"NormalTextRun CommentHighlightClicked SCXW146398672 BCX0\">expands<\/span><span class=\"NormalTextRun CommentHighlightClicked SCXW146398672 BCX0\"> on traditional machine learning <\/span><span class=\"NormalTextRun CommentHighlightClicked SCXW146398672 BCX0\">methodologies to allow for a broader range of understanding and context<\/span><span class=\"NormalTextRun CommentHighlightClicked SCXW146398672 BCX0\">.&nbsp; <\/span><span class=\"NormalTextRun CommentHighlightClicked SCXW146398672 BCX0\">Tra<\/span><span class=\"NormalTextRun CommentHighlightClicked SCXW146398672 BCX0\">n<\/span><span class=\"NormalTextRun CommentHighlightClicked SCXW146398672 BCX0\">sformers are what make GP<\/span><span class=\"NormalTextRun CommentHighlightClicked SCXW146398672 BCX0\">T models so advanced and effective at generating natur<\/span><span class=\"NormalTextRun CommentHighlightClicked SCXW146398672 BCX0\">al-sounding language<\/span><span class=\"NormalTextRun CommentHighlightPipeClicked SCXW146398672 BCX0\">, and <\/span><span class=\"NormalTextRun SCXW146398672 BCX0\">ultimately what<\/span><span class=\"NormalTextRun SCXW146398672 BCX0\"> led to <\/span><span class=\"NormalTextRun SCXW146398672 BCX0\">OpenAI&rsquo;s<\/span><span class=\"NormalTextRun SCXW146398672 BCX0\"> breakthrough.<\/span><span class=\"NormalTextRun SCXW146398672 BCX0\"> Transformers<\/span> <span class=\"NormalTextRun SCXW146398672 BCX0\">enhanc<\/span><span class=\"NormalTextRun SCXW146398672 BCX0\">e the<\/span><span class=\"NormalTextRun SCXW146398672 BCX0\"> GPT language model by training it to create text that reads and feels more human-like<\/span><span class=\"NormalTextRun SCXW146398672 BCX0\"> through a <\/span><span class=\"NormalTextRun SCXW146398672 BCX0\">technique called <strong>&ldquo;Reinforcement Learning through Human Feedback&rdquo; or RLHF<\/strong>. <\/span><span class=\"NormalTextRun SCXW146398672 BCX0\">(<\/span><span class=\"NormalTextRun SCXW146398672 BCX0\">Basically, having human input helps the algorithm learn what text looks natural and which <\/span><span class=\"NormalTextRun SCXW146398672 BCX0\">doesn&rsquo;t<\/span><span class=\"NormalTextRun SCXW146398672 BCX0\">)<\/span><span class=\"NormalTextRun SCXW146398672 BCX0\">. Then, <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW146398672 BCX0\">OpenAI<\/span> <span class=\"NormalTextRun SCXW146398672 BCX0\">added a Chat interface on top, making it easier to interact with the language model. And the result is <\/span><span class=\"NormalTextRun SCXW146398672 BCX0\">ChatGPT<\/span><span class=\"NormalTextRun SCXW146398672 BCX0\"> &ndash; an impressively intelligent AI tool that can both generate text on a wide variety of topics and hold convincing conversations with humans.<\/span><\/span><span class=\"EOP SCXW146398672 BCX0\" data-ccp-props='{\"201341983\":0,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8969258 elementor-widget elementor-widget-text-editor\" data-id=\"8969258\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">So, here we have tech (in the tradition of the Pac-Man ghosts) that has identified patterns in written text and can generate human-like text with which you can converse.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fd9e914 elementor-widget elementor-widget-image\" data-id=\"fd9e914\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"576\" src=\"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/04\/PAC-MAN.jpg\" class=\"attachment-full size-full wp-image-50120\" alt=\"PAC-MAN\" srcset=\"https:\/\/simfoni.com\/wp-content\/uploads\/2023\/04\/PAC-MAN.jpg 1000w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/04\/PAC-MAN-300x173.jpg 300w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/04\/PAC-MAN-768x442.jpg 768w, https:\/\/simfoni.com\/wp-content\/uploads\/2023\/04\/PAC-MAN-150x86.jpg 150w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"\/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41ed340 elementor-widget elementor-widget-text-editor\" data-id=\"41ed340\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong><span class=\"TextRun SCXW134425279 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW134425279 BCX0\"><span data-contrast=\"auto\">Now, let&rsquo;s de-mystify its capabilities.<\/span><\/span><\/span><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d65f3f2 elementor-widget elementor-widget-text-editor\" data-id=\"d65f3f2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Does ChatGPT really &ldquo;know&rdquo; anything? Arguably, it knows what human-like text looks like. But it doesn&rsquo;t know anything about what it is writing. It is optimized to generate content that is structured in a way that looks human. It is not optimized for creating anything true.&nbsp;&nbsp;<\/span><span data-ccp-props='{\"201341983\":0,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/p><p><span data-contrast=\"auto\">What does this mean for you? I&rsquo;m going to borrow from a <\/span><a href=\"https:\/\/pubs.acs.org\/doi\/10.1021\/acs.est.3c01818\"><span data-contrast=\"none\">recent paper on the use of ChatGPT in Environmental Research<\/span><\/a><span data-contrast=\"auto\">, which has a good summary of the pros and cons of ChatGPT.&nbsp; They found that ChatGPT&rsquo;s main advantages are:<\/span><span data-ccp-props='{\"201341983\":0,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/p><ul><li data-leveltext=\"&#61623;\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props='{\"335552541\":1,\"335559684\":-2,\"335559685\":720,\"335559991\":360,\"469769226\":\"Symbol\",\"469769242\":[8226],\"469777803\":\"left\",\"469777804\":\"&#61623;\",\"469777815\":\"hybridMultilevel\"}' aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Writing Improvement, Key Points, and Theme Identification<\/span><\/b><span data-contrast=\"auto\">, specifically translating text, summarizing text &amp; extracting key themes (e.g., &ldquo;summarize this document into a series of bullet points&rdquo;), polishing text (e.g., &ldquo;turn these bullet points into a professional email&rdquo;).&nbsp;<\/span><span data-ccp-props='{\"201341983\":0,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/li><li data-leveltext=\"&#61623;\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props='{\"335552541\":1,\"335559684\":-2,\"335559685\":720,\"335559991\":360,\"469769226\":\"Symbol\",\"469769242\":[8226],\"469777803\":\"left\",\"469777804\":\"&#61623;\",\"469777815\":\"hybridMultilevel\"}' aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Sequential Information Retrieval<\/span><\/b><span data-contrast=\"auto\">. You can ask about a topic and then keep asking follow-up questions to find out more. They found this particularly useful for junior researchers who wanted to get a broad understanding of a topic.&nbsp;<\/span><span data-ccp-props='{\"201341983\":0,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/li><li data-leveltext=\"&#61623;\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props='{\"335552541\":1,\"335559684\":-2,\"335559685\":720,\"335559991\":360,\"469769226\":\"Symbol\",\"469769242\":[8226],\"469777803\":\"left\",\"469777804\":\"&#61623;\",\"469777815\":\"hybridMultilevel\"}' aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Coding, Debugging, and Syntax Explanation<\/span><\/b><span data-contrast=\"auto\">. Whether you&rsquo;re writing in C++ or trying to get a formula right in Excel, ChatGPT can help explain code and help you debug.&nbsp;<\/span><span data-ccp-props='{\"201341983\":0,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/li><\/ul><p><strong>On the flip side, they found the following limitations and risks:&nbsp;<\/strong><span data-ccp-props='{\"201341983\":0,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/p><ul><li data-leveltext=\"&#61623;\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props='{\"335552541\":1,\"335559684\":-2,\"335559685\":720,\"335559991\":360,\"469769226\":\"Symbol\",\"469769242\":[8226],\"469777803\":\"left\",\"469777804\":\"&#61623;\",\"469777815\":\"hybridMultilevel\"}' aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Fabricated Information and Lack of Updated Domain Knowledge<\/span><\/b><span data-contrast=\"auto\">. In other words, it makes stuff up. ChatGPT is optimized to generate text that looks grammatically correct to a human being. It isn&rsquo;t optimized for truth or reality. It&rsquo;s a large language model: it has no concept of truth or reality. It&rsquo;s just words, one after another.&nbsp;<\/span><span data-ccp-props='{\"201341983\":0,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/li><li data-leveltext=\"&#61623;\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props='{\"335552541\":1,\"335559684\":-2,\"335559685\":720,\"335559991\":360,\"469769226\":\"Symbol\",\"469769242\":[8226],\"469777803\":\"left\",\"469777804\":\"&#61623;\",\"469777815\":\"hybridMultilevel\"}' aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Lack of Accountability in Decision Making<\/span><\/b><span data-contrast=\"auto\">. You cannot hold ChatGPT (let alone ChatGPT&rsquo;s maker, OpenAI) accountable for any of the text it generates, so don&rsquo;t put ChatGPT into a position where it is acting as a decision-maker.&nbsp;<\/span><span data-ccp-props='{\"201341983\":0,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/li><li data-leveltext=\"&#61623;\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props='{\"335552541\":1,\"335559684\":-2,\"335559685\":720,\"335559991\":360,\"469769226\":\"Symbol\",\"469769242\":[8226],\"469777803\":\"left\",\"469777804\":\"&#61623;\",\"469777815\":\"hybridMultilevel\"}' aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Opportunity Cost of Relying on ChatGPT<\/span><\/b><span data-contrast=\"auto\">. ChatGPT&rsquo;s strengths in explaining a topic come with risks if you end up relying more and more on ChatGPT alone. They recommend thinking of ChatGPT as an assistant rather than as a substitute.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b50803 elementor-widget elementor-widget-text-editor\" data-id=\"5b50803\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"NormalTextRun SCXW79348250 BCX0\">To put it another way<\/span> <span class=\"NormalTextRun SCXW79348250 BCX0\">regarding<\/span><span class=\"NormalTextRun SCXW79348250 BCX0\"> its risks, <\/span><span class=\"NormalTextRun SCXW79348250 BCX0\">ChatGPT<\/span><span class=\"NormalTextRun SCXW79348250 BCX0\"> gives you an unlimited number of interns who are keen to help but<\/span> <span class=\"NormalTextRun SCXW79348250 BCX0\">still inexperienced, so perhaps they <\/span><span class=\"NormalTextRun SCXW79348250 BCX0\">won&rsquo;t<\/span><span class=\"NormalTextRun SCXW79348250 BCX0\"> get everything right. And you <\/span><span class=\"NormalTextRun SCXW79348250 BCX0\">wouldn&rsquo;t<\/span><span class=\"NormalTextRun SCXW79348250 BCX0\"> expect interns to handle critical strategy or do your thinking for you<\/span><span class=\"NormalTextRun SCXW79348250 BCX0\">.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-601e130 elementor-widget elementor-widget-text-editor\" data-id=\"601e130\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW37609733 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW37609733 BCX0\">I&rsquo;ll<\/span><span class=\"NormalTextRun SCXW37609733 BCX0\"> leave it to the <strong>CEO of <\/strong><\/span><strong><span class=\"NormalTextRun SpellingErrorV2Themed SCXW37609733 BCX0\">OpenAI<\/span><\/strong><span class=\"NormalTextRun SCXW37609733 BCX0\"><strong>, Sam Altman<\/strong> to summarize <\/span><\/span><a class=\"Hyperlink SCXW37609733 BCX0\" href=\"https:\/\/twitter.com\/sama\/status\/1631394688384270336\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW37609733 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW37609733 BCX0\" data-ccp-charstyle=\"Hyperlink\">what he is seeing in the majority of ChatGPT use cases<\/span><\/span><\/a><span class=\"TextRun SCXW37609733 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW37609733 BCX0\">: &ldquo;Something very strange about people writing bullet points, having <\/span><span class=\"NormalTextRun SCXW37609733 BCX0\">ChatGPT<\/span><span class=\"NormalTextRun SCXW37609733 BCX0\"> expand it to a polite email, sending it, and the sender using <\/span><span class=\"NormalTextRun SCXW37609733 BCX0\">ChatGPT<\/span><span class=\"NormalTextRun SCXW37609733 BCX0\"> to condense it [back into] the key bullet points<\/span><span class=\"NormalTextRun SCXW37609733 BCX0\">&rdquo;.<\/span><span class=\"NormalTextRun SCXW37609733 BCX0\">&nbsp;<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-12b6e7f elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"66836\" data-id=\"12b6e7f\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-fbfa589\" data-eae-slider=\"47875\" data-id=\"fbfa589\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d386808 elementor-widget elementor-widget-text-editor\" data-id=\"d386808\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW20488977 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW20488977 BCX0\">At Simfoni, we have been using transformers<\/span><span class=\"NormalTextRun SCXW20488977 BCX0\">, (the technology behind <\/span><span class=\"NormalTextRun SCXW20488977 BCX0\">ChatGPT<\/span><span class=\"NormalTextRun SCXW20488977 BCX0\">),<\/span><span class=\"NormalTextRun SCXW20488977 BCX0\"> since 2021 and they are truly revolutionizing our <a href=\"https:\/\/simfoni.com\/products\/\" target=\"_blank\" rel=\"noopener\"><strong>analytics products<\/strong><\/a>. We see plenty of benefits from this kind of Generative AI&mdash; helping <span class=\"\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>buyer<\/span>s and suppliers negotiate more efficiently, helping sourcing managers run more effective sourcing projects, and helping end users find the items or services they need faster and with more accuracy.<\/span><\/span><span class=\"EOP SCXW20488977 BCX0\" data-ccp-props='{\"201341983\":0,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e2df6a0 elementor-widget elementor-widget-text-editor\" data-id=\"e2df6a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"NormalTextRun SCXW27717467 BCX0\">Watch this space as <\/span><span class=\"NormalTextRun SCXW27717467 BCX0\">Simfoni<\/span><span class=\"NormalTextRun SCXW27717467 BCX0\"> continue<\/span><span class=\"NormalTextRun SCXW27717467 BCX0\">s<\/span><span class=\"NormalTextRun SCXW27717467 BCX0\"> to explore the exciting potential of Generative AI and its applications in procurement, sourcing<\/span><span class=\"NormalTextRun SCXW27717467 BCX0\">,<\/span><span class=\"NormalTextRun SCXW27717467 BCX0\"> and <a href=\"https:\/\/simfoni.com\/supply-chain-management\/\" target=\"_blank\" rel=\"noopener\"><strong>supply chain<\/strong><\/a> but with a cautious eye <\/span><span class=\"NormalTextRun SCXW27717467 BCX0\">toward<\/span><span class=\"NormalTextRun SCXW27717467 BCX0\"> understanding its limitations<\/span><span class=\"NormalTextRun SCXW27717467 BCX0\"> and managing expectations.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5163ebf\" data-eae-slider=\"30714\" data-id=\"5163ebf\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"background_background\":\"classic\",\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ce5b249 elementor-widget elementor-widget-spacer\" data-id=\"ce5b249\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-5196916 elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"51208\" data-id=\"5196916\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5dc1dc4\" data-eae-slider=\"86550\" data-id=\"5dc1dc4\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-757db2f elementor-widget elementor-widget-text-editor\" data-id=\"757db2f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #008080;\"><strong><span class=\"NormalTextRun SCXW79614700 BCX0\">Discover how <\/span><span class=\"NormalTextRun SCXW79614700 BCX0\">Simfoni&rsquo;s<\/span><span class=\"NormalTextRun SCXW79614700 BCX0\"> AI-powered procurement solutions can <\/span><span class=\"NormalTextRun SCXW79614700 BCX0\">transform your procurement processes and drive greater efficiency<\/span><span class=\"NormalTextRun SCXW79614700 BCX0\"> and <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">cost savings<\/span><\/span><span class=\"NormalTextRun SCXW79614700 BCX0\">.&nbsp; <\/span><a href=\"https:\/\/simfoni.com\/demo\/\" target=\"_blank\" rel=\"noopener\"><span class=\"NormalTextRun SCXW79614700 BCX0\" style=\"color: #ff6600;\">Schedule a consultation today!<\/span><\/a><\/strong><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-f824144 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"32195\" data-id=\"f824144\" data-element_type=\"section\" data-e-type=\"section\" data-settings='{\"background_background\":\"classic\",\"pix_scale_in\":\"none\"}'>\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-fac2a9c\" data-eae-slider=\"67382\" data-id=\"fac2a9c\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7aac2ef elementor-author-box--align-left elementor-widget elementor-widget-author-box\" data-id=\"7aac2ef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"author-box.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-author-box\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.linkedin.com\/in\/alanbuxton\/\" class=\"elementor-author-box__avatar\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/simfoni.com\/wp-content\/uploads\/2022\/05\/Alan-Buxton-300x300.jpg\" alt=\"Picture of Alan Buxton\" loading=\"lazy\"\/>\n\t\t\t\t<\/a>\n\t\t\t\n\t\t\t<div class=\"elementor-author-box__text\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.linkedin.com\/in\/alanbuxton\/\">\n\t\t\t\t\t\t<h4 class=\"elementor-author-box__name\">\n\t\t\t\t\t\t\tAlan Buxton\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t<\/a>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-author-box__bio\">\n\t\t\t\t\t\t<p>CTO at Simfoni<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-9c2fc32\" data-eae-slider=\"94150\" data-id=\"9c2fc32\" data-element_type=\"column\" data-e-type=\"column\" data-settings='{\"pix_scale_in\":\"none\"}'>\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a2b4564 elementor-widget elementor-widget-author-box\" data-id=\"a2b4564\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"author-box.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-author-box\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.linkedin.com\/company\/simfoni\/\" class=\"elementor-author-box__avatar\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/simfoni.com\/wp-content\/uploads\/2020\/03\/Simfoni-Favicon-300x300.gif\" alt=\"Picture of Simfoni\" loading=\"lazy\"\/>\n\t\t\t\t<\/a>\n\t\t\t\n\t\t\t<div class=\"elementor-author-box__text\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.linkedin.com\/company\/simfoni\/\">\n\t\t\t\t\t\t<h4 class=\"elementor-author-box__name\">\n\t\t\t\t\t\t\tSimfoni\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t<\/a>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-author-box__bio\">\n\t\t\t\t\t\t<p>Follow Simfoni on LinkedIn<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>&ldquo;We overestimate the impact of technology in the short-term and underestimate the effect in the long run.&rdquo; &ndash; Ray Amara, Stanford computer scientist Tweet Simfoni&rsquo;s Chief Technology Officer Alan Buxton shares insights into expectations around the capabilities of AI and&hellip;<\/p>\n","protected":false},"author":1,"featured_media":50137,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"footnotes":""},"categories":[2768,439],"tags":[475,463],"class_list":["post-50091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-engineering","category-procurement-technology","tag-procurement-software","tag-procurement-technology"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Beyond the Hype: Managing Our Expectations of AI in the Age of ChatGPT - Simfoni.com<\/title>\n<meta name=\"description\" content=\"ChatGPT has brought \u2018Artificial Intelligence\u2019 and specifically, \u2018Generative AI\u2019 well into the mainstream. 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