The emergence of an AI-powered chatbot that can generate human-like sentences and write coherent essays has caught the world's attention. This paper discusses the historical overview of chatbots and the technology behind Chat Generative Pre-trained Transformer, better known as ChatGPT. Moreover, potential applications of ChatGPT in various domains, including healthcare, education, and research, are highlighted. Despite promising results, there are several privacy and ethical concerns surrounding ChatGPT. In addition, we highlight some of the important limitations of the current version of ChatGPT. We also ask ChatGPT to provide its point of view and present its responses to several questions we attempt to answer.