Let’s understand what chat GPT is in simplest terms, chat GPT is an Ai based chat bought that can provide tons of benefits to business and data analysts.
This artificial intelligence bot can answer questions and write essays and program computers.
This was released in November of 2022 to show off and test what a very large powerful Ai system can accomplish.
You can ask it countless questions and often will get an answer that’s useful.
For example you can ask it questions like write me a poem. It will write a poem.
If you ask it to write a computer program it will write the program for you as analysts.
We problem solve work through data and understand requirements, chat GPT cannot do that yet but what it can do is generate code and conduct data analysis on basic data.
Think about chat GPT as a helper that will compliment you in your analysis tasks as an example. Let’s say you have a data set. All you have to do is copy and paste the data set into chat GPT and then ask the question, Can you analyze this data set in this screenshot?
A user from Reddit asked the bot to create an easy to read table and count for each word based on the data set. The result was the 2nd screenshot chatGPT may not be as advanced but it can certainly make your job easier while shifting the focus on critical thinking tasks.
In Conclusion:
You can use ChatGPT to write code to as an example, scrape data, or to do data analysis in seconds.
You still need the basic business analysis tools to gather and understand requirements from stakeholders.