Syed Imran Haider 
Mark Zuckerberg reportedly plans to make the most out of ChatGPTgiven its rapidly growing popularity. Meta CEO wants to capitalize on new product groups focusing on Generative Artificial Intelligence for his company’s services and apps.
Facebook’s parent company has already begun concentrating on its resources to develop AI-powered chatbots. According to an announcement made by Mark Zuckerberg on Monday, Meta has initiated making a new top-level product group at the company focused on Generative AI to turbocharge its work in this field. Meta also runs WhatsApp, Instagram, and Oculus, the VR division. It already has many teams dedicated to Generative Artificial Intelligence. The company also looks into developing AI-powered programs that can produce transcripts, images, and videos.
Zuckerberg says Meta now coalesces its teams into one group, aiming to bring pleasant experiences to its numerous apps and services. The company will focus on producing creative and expressive tools in the short term. Moreover, Meta teams will focus on creating AI-powered personas to help people in numerous ways. Zuckerberg believes his company explores experiences with text like Facebook Messenger and WhatsApp conversation, Instagram filters or ad formats like images, and multi-modal videos.
LLaMa – AI-Powered Language ModelÂ
The media reported the news about Meta’s AI tools after it released dubbed LLaMA, its AI-powered large language model for its researchers. The computer model can power a chatbot that might emerge as a rival ChatGPT. Furthermore, they developed an AI-enabled program that can create life-like and fictitious videos based on text.
On the other hand, the tech giant has not released any Generative AI products to the public when the same technologies could easily get browbeaten to spread online misinformation. Meta has kept itself busy developing a VR-powered metaverse with lackluster results over the last few years.
The social media giant will catch up to Microsoft as it has already previewed its ChatGPT-powered Bing. However, it has added several limitations on it after negative views about its unbalanced behavior throughout lengthy chats. Although Google has made its Bard AI to an insignificant number of testers, for now, it intends to launch it more broadly in the upcoming months.
Facebook Chatbot
Facebook Messenger is one of the most prominent chatbots because of its built-in consumer base and easy-to-use interface. Statistics reveal chatbots allowed consumer retail spending to reach $2.8 billion in 2019. Analysts say this number will increase by fifty percent to $142 billion by 2024, given that consumers love chatbots. Chatbots enable customers to enjoy the fast and personalized experiences they need as modern buyers between their self-serve models, social media interface, and 24/7 accessibility.
The same intelligence report unveiled that about forty percent of worldwide online users prefer interaction with chatbots over other virtual agents. It indicates the quick popularity of chatbots, which has turned into a customer preference trend that no company can ignore. Some users may find chatbots intimidating to implement, though they usually mean to offer ease.
