Chinese tech companies are scrambling to roll out artificial intelligence-powered chatbots or products, similar to ChatGPT, which has taken the world by storm since its launch in November by US-based AI research company OpenAI due to its advanced conversational capabilities.▲ OpenAI and ChatGPT logos are seen in this illustration taken, on Feb 3, 2023. [Photo/Agencies]As ChatGPT uses machine-learning technology to generate text responses to prompts, Chinese enterprises should pool more resources into improving algorithm models, computing power and natural language processing abilities, industry experts said.They also expressed concern that the ChatGPT-like concept might be overhyped and suggested that people should invest rationally in the stock market. Meanwhile, a new set of problems will likely emerge, including ethics, copyright protection, privacy and data security.Alibaba Group confirmed on Wednesday that it is developing a ChatGPT-style AI tool, which is currently under intern
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