Home   »   Business Current Affairs & News   »   ChatGPT introduces boom in AI-written e-books...

ChatGPT introduces boom in AI-written e-books on Amazon

ChatGPT introduces boom in AI-written e-books on Amazon

Brett Schickler had never before considered the possibility of becoming a published novelist. But, after finding out about the ChatGPT artificial intelligence initiative, Schickler believed he had been given a chance. Schickler produced a 30-page illustrated children’s e-book in a couple of hours using the AI programme, which can produce text blocks from straightforward instructions, and made it available for purchase through Amazon.com Inc.’s self-publishing division in January.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

ChatGPT introduces boom: Key Points

  • After finding a gold coin, Sammy the Squirrel—roughly animated using AI as well—learns from his forest buddies the importance of saving money.
  • He creates an acorn-shaped piggy bank, makes investments in an acorn trading company, and dreams of one day purchasing an acorn mill.
  • According to Schickler, the money he made from selling The Wise Little Squirrel: A Story of Saving and Investing, which is available in the Amazon Kindle store for $2.99 or $9.99 for a printed version, was less than $100. Even while it may not seem like much, it gave him the motivation he needed to use the software to write more novels.
  • Schickler is at the forefront of a movement examining the potential and constraints of ChatGPT, which made its debut in November and has shocked Silicon Valley and beyond with its astounding capacity to produce coherent blocks of text quickly.
  • The Power of Homework, “How to Write and Generate Content With ChatGPT,” and the poetry collection “Echoes of the Universe” are just a few of the more than 200 e-books that name ChatGPT as an author or co-author on Amazon’s Kindle store as of mid-February. And it keeps growing every day. Books totally authored by ChatGPT on utilising ChatGPT have even become a new subgenre on Amazon.
  • Yet, because of the nature of ChatGPT and the unwillingness of many authors to reveal their use of it, it is incredibly difficult to determine the exact number of e-books that might have been produced by AI.
  • Some of the largest technology companies have already expressed concern about the software’s emergence, leading Alphabet Inc (GOOGL.O) and Microsoft Corp (MSFT.O) to rapidly introduce new features in Google and Bing.
  • A few of the largest technology companies have already expressed concern over the software’s emergence, leading Alphabet Inc (GOOGL.O) and Microsoft Corp (MSFT.O) to rapidly introduce new AI-infused features in Google and Bing, respectively.

ChatGPT’s quick consumer adoption

ChatGPT’s quick consumer adoption has sparked a frenzy of activity in the tech community as investors pour money into startups with an AI focus and have given technology companies a new purpose in the shadow of large layoffs. After showcasing an integration with ChatGPT, Microsoft, for example, garnered adoring attention this month for their otherwise dormant Bing search engine.

Yet, since ChatGPT learns to write by scanning millions of pages of previous material, there are already doubts about its veracity. Before the tech news site, CNET’s AI experiment produced many corrections and what appeared to be plagiarism. A few of the largest technology companies have already expressed concern over the software’s emergence, leading Alphabet Inc (GOOGL.O) and Microsoft Corp to rapidly introduce new AI-infused features in Google and Bing, respectively.

ChatGPT a threat to real authors?

  • When aspiring authors and self-help experts eager to make a quick buck turn to ChatGPT to help develop bot-made e-books and sell them through Amazon’s Kindle Direct Publishing division, the staid book industry now appears ready to be upended. Such debut authors choose to write picture books for kids.
  • There are hundreds of tutorials showing how to build a book in a few hours on YouTube, TikTok, and Reddit. Get-rich-quick scams, nutrition ideas, software coding assistance, and recipes are among the topics covered.
  • In a YouTube video, an author who goes by the name Frank White demonstrates how he wrote the 119-page novella “Galactic Pimp: Vol. 1,” which is about alien groups battling over a human-staffed brothel in a distant galaxy, in less than a day.
  • On Amazon’s Kindle e-book shop, you can get the book for just $1. In the video, White claims that anyone with the means and the time could use AI to produce 300 such books annually.
  • Because Amazon’s standards do not mandate it, many authors, like White, feel no obligation to mention in the Kindle shop that their great American work was written entirely by a computer.

India’s UPI, Singapore’s PayNow to be integrated for cross-border remittances

Amazon Controls more than 80% Book Indutry

  • Amazon, which controls well over half of sales in the United States and, according to some estimates, more than 80% of the e-book industry, is by far the biggest seller of both physical and digital books.
  • With the support of its Kindle Direct Publishing service, a cottage industry of independently published authors has emerged, carving out specific markets for those who enjoy erotica and self-help books.
  • In order to eliminate the difficulty and expense of finding literary agents or publishing houses, Amazon developed Kindle Direct Publishing in 2007 to enable anybody to sell and market a book from the comfort of their couch.
  • In general, Amazon permits authors to rapidly publish through the system without any control, dividing any profits.

Also Read: PhonePe launches cross-border UPI payments service

International Day of Persons with Disabilities 2022: 3 December_90.1