Open Access Research Article

Exploring the Impact of Large Language Models on Efficiency and Innovation across Education and Industries: Applications, Challenges, and Ethical Considerations

Yi-Hang Hsu1, Yu-Yin Hsu2 and Li-Shiue Gau2*

1Doctoral Student, Department of Business Administration, Asia University, Taichung, Taiwan

2Asia University, Taichung, Taiwan

Corresponding Author

Received Date: July 27, 2024;  Published Date: August 05, 2024

Abstract

This paper explores the emergence of Large Language Models (LLMs) in combination with easy-to-use interfaces such as ChatGPT and Copilot revolutionizing productivity in computing and processing. We conducted a user study in the education and industries to assess its potential impact and the opportunities of innovation. Specifically, the key challenge for LLM is to determine what constitutes a good text and natural language processing (NLP) techniques within massive computational infrastructures to communicate efficiently and affect institutions’ innovation outputs.

Keywords: Large Language Model; ChatGPT; Knowledge Absorptive Capacity; Natural Language Processing

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