BREAKDOWN: What Is GPT-3 and Should We Be Terrified?

The internet is alive with demos of what the latest artificial intelligence language model can do. Should we be nervous?
This episode is sponsored by Bitstamp and Crypto.com.
Today on the Brief:

Mastercard, Standard Chartered and PayPal all deepen their engagement with crypto

Japan inches closer to a central bank digital currency

The real estate “doom trade” opens up

Our main discussion: GPT-3
Generative pertained transformer-3 – or GPT-3 as it’s better known – absolutely took over the internet this weekend. 
It’s a new AI language model that can do some truly incredible things, from writing poetry to composing business memos to generating functioning code from natural language descriptions.
In this episode of the Breakdown, NLW provides a 101-level overview of GPT-3, including:

What an AI language model is

Why AI for language is more difficult than image-based AI

The background of OpenAI, the Elon Musk-backed project behind GPT-3

Some examples of what GPT-3 can do

Why reasoning and narrative still elude the technology

Reference posts:
GPT-3 Examples, a Twitter Thread
Jonathan Johnson on AI Language Models
Rob Teows: GPT-3 Is Amazing – And Overhyped
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.