Hi Oladimeji Sunday Bamsa, I asked ChatGPT about this; in conclusion, it is our responsibility to ensure we are using ChatGPT in a way that complies with all laws and regulations. Please refer below for detailed explanation:

ChatGPT is an open-source language model developed by OpenAI. It is available for anyone to use and modify for any purpose, including for commercial purposes. However, it is important to note that ChatGPT is provided “as is,” and OpenAI does not provide any warranties or guarantees with respect to its use. It is up to you to determine whether using ChatGPT for a particular purpose is legal, and to obtain any necessary licenses or permissions that may be required. You should also be aware that the use of language models like ChatGPT may be subject to certain laws and regulations, such as those related to data privacy and intellectual property. It is your responsibility to ensure that your use of ChatGPT complies with all applicable laws and regulations.