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ChatGPT, an AI-powered chatbot, has taken the world by storm since its launch in 2022. The free tool provides useful answers based on prompts given by users and can create movie outlines, write codes, solve coding problems, write books, songs, poems, scripts, and more within minutes. Despite its impressive capabilities, the technology has the potential to cause drastic changes to our economy and society, such as unemployment, biased algorithms, and fake expertise.