Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Bloomberg
Bloomberg
Business
Philip Aldrick

ChatGPT Will Be the Calculator for Writing, Top Economist Says

The OpenAI website ChatGPT about page on laptop computer arranged in the Brooklyn borough of New York, US, on Thursday, Jan. 12, 2023. Microsoft Corp. is in discussions to invest as much as $10 billion in OpenAI, the creator of viral artificial intelligence bot ChatGPT, according to people familiar with its plans. Gabby Jones/Bloomberg Photographer: Gabby Jones/Bloomberg (Bloomberg)

ChatGPT, the artificial intelligence system that can produce sophisticated essays on complex subjects in seconds, will become the “calculator for writing,” according to a leading economist.

Erik Brynjolfsson, professor of economics and information technology at Stanford University, said the chat bot “will get rid of a lot of routine, rote type of work and at the same time people using it may be able to do more creative work.”

Teachers and university professors are worried that ChatGPT, made by the Microsoft Corp.-backed OpenAI, will have a detrimental effect on students by making cheating easier than ever. It has already passed parts of the bar, the entrance exam for US law schools. Schools and universities are now adapting their syllabi and work flows to deal with the technology.

The OpenAI website ChatGPT about page on smartphone arranged in the Brooklyn borough of New York, US, on Thursday, Jan. 12, 2023. Microsoft Corp. is in discussions to invest as much as $10 billion in OpenAI, the creator of viral artificial intelligence bot ChatGPT, according to people familiar with its plans. Gabby Jones/Bloomberg (Bloomberg)

Brynjolfsson, who co-wrote the groundbreaking 2014 book on AI, The Second Machine Age, spoke with Bloomberg on the sidelines of the World Economic Forum in Davos. He said that does not believe the technology will replace thinking or writing. Instead, just as the calculator made basic mathematics straightforward, he expects ChatGPT to “augment our ability to write.”

“The hype around this technology is legit,” he said. “It is roughly on the scale of progress as the deep learning machine algorithms in 2012 that ignited the whole surge in AI over the past decade. If we do it right, the next ten years will be some of the most interesting writing that we’ve ever seen.”

©2023 Bloomberg L.P.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.