While LLMs like ChatGPT have indeed reshaped NLP, they have not killed NLP research. Instead, the field has shifted in terms of focus and the right niche opportunities available for researchers, even those outside the biggest organizations.
LLMs like ChatGPT are powerful but often brittle when faced with out-of-distribution (OOD) inputs or nuanced domain-specific higher-level rule-based traditional symbolic AI and NLP tasks. For instance, many languages and dialects are underrepresented or near-extinct and NLP research for these is critical and often does not require massive resources. Real world NLP applications often require domain-specific fine-tuning. For example, legal, medical, and financial NLP involve challenges that general-purpose models like ChatGPT cannot solve out of the box.
Multi-Modal NLP to combine text with other modalities (e.g., vision, audio) is another evolving domain where new contributions are welcome. Similarly combining NLP with fields like social sciences, mathematics, cognitive science, or healthcare opens new avenues that are less reliant on current ChatGPT like LLMs.
Finally addressing imminent and difficult NLP issues related to explainability and interpretability, fairness, bias, societal risks and ethical concerns is also a burgeoning area of study.