Bengaluru firm funds ChatGPT Plus subscriptions for staff

Amid growing concerns that artificial intelligence will replace jobs, a Bengaluru-based company has offered refunds to employees who signed up for its ChatGPT Plus subscription.Capitalmind Chief Operating Officer developer Vashistha Iyer tweeted on Wednesday that chatbots have increased overall productivity by nearly five times. He also added that all employees can now perform complex analytics via ChatGPT “without code.”

Iyer writes: Overall he is already a 5x productivity booster. The move from hunch to complex analysis would not have been possible without code, now accessible to everyone. “

Iyer also predicted that innovative companies would soon eliminate junior analyst positions. Newcomers to the field should use AI to sharpen their skills and overcome mediocrity, he continued.

Also read: A Twitter user explains how ChatGPT saved a dog’s life: “I can’t imagine the future of medical diagnostics…”

“Newcomers must learn how to leverage AI and build expertise in their respective fields. There is no room for mediocrity,” wrote the CEO of an investment research and wealth management startup.

Responding to a question about the uncertainty of the corporate CEO role, Iyer said his current position continues to evolve and the only way forward is to upskill with the help of AI. I got

OpenAI’s ChatGPT Plus users who have to pay $20/month get premium features like GPT-4, faster response times, and priority access. The Microsoft-backed tool launched in India this month. ChatGPT previously used content provided within the system, but now that it has access to the Internet, its power has increased.

Meanwhile, Microsoft is introducing a new chat tool to help cybersecurity teams prevent hacks and clean up after an attack. Copilots, Microsoft’s latest AI assistant tool, uses OpenAI’s new GPT-4 language system and data specific to the security field, the company said Tuesday.