ChatGPT: Career Boost or Bust? It’s actually up to you

The Artificial Intelligence (AI) chatbot hosted on OpenAI has become the world’s talking point. As of January 2023, it has about 100 million active users in just over a month since it launched – Instagram and TikTok can’t even compete with that – it took both platforms two-and-half years and nine months respectively to get that many users.
In today’s fast-paced world, career advancement has become a top priority for many individuals. With the advent of technology, various platforms are now available to help individuals achieve their career goals. One such platform is ChatGPT. The Artificial Intelligence (AI) chatbot hosted on OpenAI has become the world’s talking point. As of January 2023, it has about 100 million active users in just over a month since it launched – Instagram and TikTok can’t even compete with that – it took both platforms two-and-half years and nine months respectively to get that many users. To contribute to a growth mindset and stay ahead of the curve, Regenesys Corporate Education hosted an incredible masterclass titled: “ChatGPT: A career boost or a career bust?” on Thursday, March 9. Many eager professionals from all manner of sectors attended to learn more about the AI Chatbot and how it could impact their careers. The evening was hosted by Kapil Jaggeth, the CEO of Regenesys Corporate Education and moderated by renowned media personality Jeremy Maggs. The keynote speaker was Brett St Clair, a rebel technologist and co-founder of Teraflow.

What is ChatGPT? What can it do and can’t do?

ChatGPT (generative pre-trained transformer), created in San Francisco, is a public-use AI chatbot powered by Large Language Model (LLM) that can debate topics ranging from computer programming to history, philosophy, and so on. Although the AI chatbot’s responses are not always accurate, it has been substantially trained on a vast collection of data and information scraped from the internet and real-time discussions. Brett supports this notion by sharing some tips during the masterclass that the AI chatbot sometime ‘hallucinates’; therefore, it is often around 90% accurate. He says, “It is just a large database of the entire internet that, when prompted, will always want to find you, the user, an answer.” He shared that the AI chatbot would increase productivity 10 times more at your workplace if you apply the 30/50/20 rule. What does this mean? Previously, employees spent 90% of their time on the heavy lifting of a task, while 10% was on perfecting the work. However, with the use of ChatGPT, a task at the workplace can be broken down into the following:
  • 30% spent briefing ChatGPT to heavy lift
  • 50% perfection/creativity
  • 20% peer review with ChatGPT
Unlike similar AI-powered platforms on LLMs, ChatGPT cannot generate images from texts or prompts. Brett went even further by showing us other disruptive AI tools like Midjourney. The speaker also cautioned that AI wouldn’t do all the work for you and that AI tools are only as good as their users. If you learn more about AI and how to use it effectively, tools like ChatGPT will boost your career tremendously. What are ChatGPT prompts? - Image by Emiliano Vittoriosi -unsplash

What are ChatGPT prompts?

Prompts generally are a piece of text that gives instructions to language generation models to develop a response to. Irrespective of your field of work or interests, prompts are handy for automating many language-based tasks because they will save you a lot of time. For any user to get the best out of ChatGPT, understanding how to role-play and write good prompts would give you better results and improve productivity. Brett walked the audience through the process of using ChatGPT and gave some excellent examples of how it could save us time and make our jobs easier. But he also emphasised that ChatGPT is not a magic solution to all our problems. We still need to put in the work and use technology wisely with good prompts. He emphasised that an excellent prompt must be clear and concise. It can be from ‘basic prompts’ and ‘role-based prompts’ to ‘Mega prompts’. Watch the masterclass recording to see how to use these prompts.

Conclusion

Overall, the ChatGPT masterclass was a resounding success. Brett St Clair was an excellent speaker; his presentation was thought-provoking and entertaining. Attendees got to learn, network, and connect with other professionals. Attendees gained valuable insights into AI and left with a better understanding of how AI could impact their careers. However, ChatGPT is not a magic solution that will automatically boost your career like any other platform. The platform is only as effective as the effort you put into it. To truly benefit from ChatGPT, individuals must be willing to put in the time and effort required to develop their skills, network with professionals, and take advantage of the resources available. Most importantly, to stay ahead in your career, take advantage of opportunities to learn about the most recent advancements in AI and machine learning. Regenesys Corporate Education is here to awaken your potential, further your career, and take your business to new heights.

Written by Sefeoluwa Badaru.

A long-held passion here at Regenesys has been learning and development throughout one’s career. 

At the heart of our Corporate Education ethos are curated corporate learning solutions that are bespoke to your company’s learning needs and trajectory, aligned to your particular learning and development requirements. 

At Regenesys Corporate Education, our team takes pride in being acknowledged experts who partner with our clients, many of whom have been with us for years.

Through our mission of awakening potential, we have fostered and grown sustainable businesses and ethical leaders for over 20 years. 

Contact us about partnering with your organisation today and take the next step in future-proofing your business and your talent capital.

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