ChatGPT

I've been seeing a lot about the new ChatGPT and it seems pretty impressive.

Here's the website: https://openai.com/blog/chatgpt/

Currently it's free to use, so you can play around with it.

Here's a fun example of it's responses to some questions:

https://marginalrevolution.com/margi...the-chief.html

Quote:

How can we reduce housing prices? Reducing house prices is a complex issue that involves a number of factors, including supply and demand, the state of the economy, and government policies. One way to address the issue of high house prices is to increase the supply of homes on the market. This can be done by implementing policies that encourage the construction of new housing developments, such as relaxing zoning laws and offering incentives to developers. Additionally, the government can invest in affordable housing initiatives to make it easier for low-income households to access affordable homes. Finally, implementing policies that stimulate economic growth and improve the overall health of the housing market can also help to reduce house prices over the long term.

It seems to give relatively accurate, relevant, and coherent responses to questions.

I saw a nice one on twitter where it gave a solid answer to questions on the historical impact of electrification on economic growth.