ISLAMABAD: Prompt engineering has emerged as one of the latest vistas to make money in the artificial intelligence (AI) world.
Large Language Models (LLMs) of AI like ChatGPT need a certain set way of communicating or ‘prompting’ so that a properly curated output can be generated.
Prompt engineering is a way of asking, where certain information form the AI language model is retrieved through a careful crafting of questions, instructions and specific contexts.
According to WealthPK research, in the coming months and years, prompt engineering will not only help in getting the AI models to serve business needs, but also help improve the functioning of the AI models themselves.
AI is a technology that will continue to improve itself with the help of ‘prompts’ that are input by humans. These prompts will make AI probe for specific answers in certain specific contexts.
As more and more people will continue to use AI language models, the database available with these self-learning models will continue to expand.
When billions of people ask AI about their specific problems and solutions, AI will have a ready pool of information to collect, store, analyse, and develop, and also to increase its own capacity to be intelligent.
According to Bloomberg, the new job market for prompt engineers is just getting started with annual pays of more than USD 335,000.
For a person to become a prompt engineer, it is not necessary to have a background in computer science or programming languages.
Any person who is good at asking questions and knows how to sift information based on queries and information-gathering can become a prompt engineer. Students from backgrounds in philosophy, liberal arts and history can also compete with students of programming to become prompt engineers of equal or more competence.
Content creation is one of those areas where AI language models have totally upended the trend. It is now virtually free to create SEO-optimised content for e-commerce and online marketing.
Similarly, language models and prompt engineering are being used in the field of customer service. With the growing use of chatbots and virtual assistants, companies are looking for ways to improve the quality of customer interactions.
Also, in education, there is a rising demand for tools that can help automate the creation of educational content like quizzes, tests, and other materials, while prompt engineering can ensure that the generated content is aligned with specific learning objectives.
Moreover, AI language models are also being used in market research, sentiment analysis, machine translation, and speech recognition.
Since the AI language models are still in their infancy, they run the risk of bias and inaccuracy. However, this situation is slated to improve given the pace at which the AI language tools are being adopted across the world.
Timely adoption of technology is highly important to reaping the monetary rewards associated with it. The launch of AI has made it possible that people use the brilliance and intelligence of AI to their own ends. But that will also require intelligence on the part of humans using the AI language models.
Since Pakistan already has a burgeoning freelance market, it can capture the AI wave and use this once-in-a-generation technological upgrade to reap dividends.
