OpenAI announces ChatGPT-5 arrival date for 2024

The realm of artificial intelligence (AI) is on the brink of a significant transformation with the impending launch of GPT-5, slated to make its debut in 2024. This cutting-edge model is anticipated to bring forth a slew of enhancements poised to profoundly impact startups. Sam Altman, a prominent figure in the tech industry and CEO of OpenAI, has shed light on the improvements we can expect.

What GPT-5 Brings to the Table

Imagine an AI like ChatGPT not only capable of answering simple queries but also comprehending and addressing intricate issues with nuanced and precise responses. This is precisely what GPT-5 promises with its enhanced reasoning abilities. For those relying on AI for essential tasks and crucial decision-making, this could mark a highly positive shift, enhancing productivity by processing intricate queries accurately and enabling smarter data-driven decisions.

The reliability of AI is steadily increasing as these technologies become more integrated into daily business operations. ChatGPT-5 is set to bolster this aspect by delivering consistent and reliable results. For businesses operating with limited resources, avoiding the unpredictability of current AI systems could mean a significant reduction in risk.

Personalization Takes Center Stage

Another area where GPT-5 is expected to excel is personalization. Users will have the ability to tailor AI tools to suit their unique needs, leading to a more intuitive experience. By incorporating personal data, artificial intelligence can offer interactions that feel tailored and friendly, making technology more accessible to a broader audience.

Moreover, GPT-5 is anticipated to introduce multimodal capabilities, including sophisticated voice and image processing. This opens up avenues for startups to create innovative products and services capable of interacting with users in multiple ways, potentially enhancing user engagement and expanding market reach.

With improved contextual understanding, companies can develop solutions optimized not only behaviorally but also contextually aware, allowing them to stand out in competitive markets. The expected decrease in API costs with GPT-5 will make AI more affordable and accessible to a broader range of businesses, potentially leveling the playing field and giving smaller companies a better chance to compete against larger enterprises.

The anticipated enhancements announced by Sam Altman, CEO of OpenAI, in GPT-5 are poised to usher in a new era of AI capabilities, set to unfold in 2024. By leveraging advancements in reasoning, reliability, personalization, and contextual understanding, companies can effectively navigate the future business landscape heavily influenced by AI.

See also: OpenAI CEO confirms that GPT-5 is already in development

ChatGPT’s Foray into Video Generation

Despite ChatGPT facing various challenges, including legal issues, in executing its functions, there’s undeniable progress the chatbot has made in recent years. Since 2023, with the latest updates to the AI tool, the ability to create images with just a prompt was introduced. Now, the chatbot is set to venture into video creation.

Sam Altman, CEO of OpenAI, the parent company of ChatGPT, shared insights in an interview with Bill Gates on his podcast ‘Unconfused Me.’ Altman revealed upcoming advances they’re working on, with the most significant being the ability of ChatGPT to generate videos.

“The multimodality will be crucial. Incoming speech, outgoing speech. Images. Video finally. It’s clear people want this. We launched [the capability to create] images and audio, and there was a much stronger reception than we expected,” mentioned Altman. According to these statements, the generation of videos directly in ChatGPT seems closer than anticipated.

While Altman didn’t divulge many details about how this new option will work, it’s reasonable to expect a process similar to the image generator. You input your request for the video: the content it should have, the characters, the theme—everything needed for a clear instruction. Subsequently, the chatbot generates the requested video.

However, these video generators pose a technological leap but also spark a significant debate about the potential misuse of such tools. The proliferation of Deepfake, generated through similar AI tools, raises concerns about unauthorized use of images to create any video imaginable.

In theory, creating a video with the photos of celebrities or individuals who haven’t authorized the use of their image could be easily done. While the intent is for it to be used for valuable and genuinely useful content, there’s potential for misuse, causing harm to third parties.

OpenAI’s Commitment to Public Involvement in AI Model Improvement

OpenAI, the company behind the renowned ChatGPT, aims to continue engaging the public to align the behavior of its future AI models with human values. In their statement today, they announce the formation of a “Collective Alignment” team consisting of researchers and engineers.

This team will be responsible for implementing a system allowing the collection and “encoding” of public information about the behavior of models in their products and services. They also plan to collaborate with external advisors and grant teams to execute prototypes.

Seeking Transparent and Diverse Participation

In this regard, they also announce the hiring of exceptional research engineers from various technical backgrounds, inviting interested individuals to join the team and providing an access form for that purpose.

OpenAI reflects on the initiatives they’ve undertaken since launching the Democratic Input to AI Grants program last May, detailing the lessons learned in developing, constructing, and testing ideas using “democratic methods” to decide governance rules for AI systems.

They emphasize the challenges faced, such as recruiting diverse participants across the digital divide, producing a consistent outcome representing diverse perspectives, and designing processes transparent enough for public trust.

Building Public Trust

Today’s announcement is an extension of last year’s efforts to provide assurances to the public that their products and services are reliable and transparent in operation as the use of AI-based services grows. OpenAI, based on experiences gathered months ago, places hope in the public’s capacity to become a key element in guiding AI models on the right path.

Undoubtedly, 2024 is poised to be the year when new rules and laws regarding the use of artificial intelligence will be established, as organizations and entire countries, like the European Union, have already hinted at.

See also: ChatGPT Access for Less: Unlocking the Power of AI on a Budget