Answer questions and generate output from prompts provided in natural language

Serve as a search engine for inspiration, creativity and overviews on a wide range of topics

Be used as a content production tool to generate new texts that are typically early drafts of documents such as legal agreements, business pitches, meeting memos and corporate presentations

Be used as a content reorganization tool by iteratively working with users to refine textual materials for style, content and format and to summarize, reformulate and even translate textual materials

Write, review and correct software code

Make learning something new much easier and faster, helping people learn the basics of new domains

Handle routine tasks like responding to emails and generating reminders

Create draft content for different communication purposes: social media posts, blog posts, websites and so on

Reduce costs as it can take over repetitive tasks, resulting in using fewer people and offering more independence to senior employees

Replace Google Search; ChatGPT should be thought of as a prediction machine that provides approximated insights rather than consistently providing unassailable truths

Answer complicated questions or offer unique insights into a topic; however, if prompted with new data, this limitation can be partially overcome

Provide consistently correct or unbiased answers or consistently answer questions that are asked multiple times, as the output changes each time

Generate text that is 100% free of syntax or language errors; therefore, the texts or outputs often need checking and polishing

Meet strict privacy, compliance or ethical requirements (a problem that might be solved with enterprise software)

Access-real time information, as the current versions are trained on data ranging until 2021. However, this downside is partially (but not fully) overcome with ChatGPT’s new functionalities and plugins for Web access, as well as users’ abilities to feed in their own data