“ChatGPT”, the fastest growing app of all the time. A Natural Language Processing tool driven by Artificial Intelligence allowing human like conversations is expected to impact every aspect of society. The impact of this tool on education is enormous. It can bring a lot of change in learning, assessment and evaluation. It will help the scholars to become cognizant of the AI technologies that will play an important role over the course of their careers to a great extent. The teachers can well organize their lessons and provide their students wide information. Inadequate originality, the risk of plagiarism and dependency on the model are major challenges for students conducting research. Educators must guide the students to make right use of this application. It is going to be a boon. It has the potential to create realistic virtual simulations for hands-on learning and offer personalized and effective learning experiences by providing students with customized feedback and explanations. There can be adoption of the strategies to ensure that chatAPIs are used ethically and responsibly, including creating the policies and procedures, providing training and support, and using different methods to detect and prevent cheating. Technology usually disrupts conventional approaches, requiring people to adapt and consider the possible advantages and drawbacks of new technologies. ChatGPT and AI systems’ other generative are only good as their training data and can preserve biases or even create and spread misinformation. Ethical concerns are raised by the use of AI generative in education like the potential for unethical or dishonest use by the students and the possibilities of unemployment that are made redundant by technology. The current state of ChatGPT is quite impressive but flawed, it is simply a preview of what is to come. It is important for the educators to understand the implications of this technology and study how to adapt the education ecosystem to ensure that the next generation can be benefitted by generative AI while minimizing any negative consequences. This paper examines the opportunities and challenges of using ChatGPT in education, with a focus on the potential risks and rewards of these tools and the ways in which universities can address the challenges they pose. However, these tools also raise a number of challenges and concerns, in relation to academic honesty and plagiarism.

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Keywords: ChatGPT, GPT 3, Language Model, AI, Transformer Architecture.