How good is ChatGPT?

One morning your correspondent woke up to an email from his editor, asking for yet another article. “Chatgpt and other generative-ai services seem to be taking the world by storm,” it read. “Could you write an article explaining what they are and why they are not just hype?” As he was feeling lazy he asked Chatgpt, an ai-based online service trained on reams of text from the internet, to answer that question, adding that it should be written in Shakespearean language. This is what came back:

Aye, ‘tis true that ‘tis a wondrous thing, these Generative Artificial Intelligences, or gtps as they be known.
‘Tis a marvel of modern science, and ‘tis no wonder that ‘tis taking the world by storm.
But what are they, truly? And why should we care?
gpts be a type of ai technology that can generate natural language in response to input.
‘Tis a form of deep learning, wherein a computer system is trained on vast amounts of text data,
And then can generate its own text based on what it hath learned.
‘Tis more than mere hype; ‘tis a powerful tool that can be used for a multitude of applications
From creating content to aiding in customer service.