To The Moon

The debut of the next generation of chatbots has sparked a frenzy. $NVIDIA Corp(NVDA)$ developed "guardrails" to keep chatbots on track. Chatbots have a credibility problem. Nvidia says it has devised a solution. After years of progress behind the scenes, 2023 is the year of AI, and for good reason. ChatGPT, which was launched at the end of last year, has become popular all over the world, and its monthly active users have grown to 100 million by January. Excitement quickly turned to frenzy following the news that Microsoft had invested $13 billion in OpenAI, the creator of ChatGPT. This has sparked a frenzy of other companies with AI expertise releasing next-generation chatbots of their own. However, these advances have some notable limitations. Subsequent tests of ChatGPT and Alphabet’s Google Bard revealed an inherent problem with these systems: They can (sometimes) provide answers that are “irrelevant, absurd, or factually incorrect,” according to the New York Times. This serious flaw, known as "illusion," casts doubt on these seemingly groundbreaking advances. Nvidia thinks the company can fix that. In a blog post published Tuesday, Jonathan Cohen, Nvidia's vice president of applied research, detailed the solution the company has devised to alleviate the problem of chatbots turning to hallucinations or outright lies. Nvidia has developed NeMo Guardrails, "newly released open source software," designed to help chatbots "stay on track." The software offers developers a way to incorporate a rules-based system that will stop chatbots from replying with inaccurate information, ensuring their responses are "accurate, appropriate, relevant and safe." NeMo Guardrails can "detect and mitigate hallucinations." Some chatbot responses can deviate from the norm and can end up being illogical, offensive, or even creepy. If Nvidia's solution proves to be effective, then all this will be a thing of the past. All told, Nvidia is looking at opportunities in a total addressable market worth roughly $1 trillion, which is all the more reason the company wants AI to thrive. While artificial intelligence may hold the key to the next generation of high-tech advancements, the technology's widespread adoption certainly depends on users deriving useful, accurate, and authentic responses from these AI models. $NVIDIA Corp(NVDA)$