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GENERATIVE AI

Generative AI (Gen AI) is a transformative branch of artificial intelligence that stands out for its ability to create new content, rather than simply analyzing or categorizing existing information. It sets itself apart from traditional AI and machine learning in its generative nature. It doesn’t just analyze data - it continuously learns and improves over time. The more data it collects, the more it becomes refined.

 

Like all artificial intelligence, generative AI works by using machine learning models, very large models that are pre-trained on vast amounts of data. Generative AI can be thought of as a machine-learning model that is trained to create new data, rather than making a prediction about a specific dataset. Generative AI is deep learning, a type of machine learning that imitates the workings of the human brain in processing data and creating patterns for decision-making.

Generative AI is already having a profound impact on business applications. It can drive innovation, automate creative tasks, and provide personalized customer experiences. ​It has the potential to transform entire industries. Until now, machines have never been able to exhibit behavior indistinguishable from humans. But new generative AI models are not only capable of carrying on sophisticated conversations with users; they also generate original content. Generative AI evolves as it continues to train on more data. It operates on AI models and algorithms that are trained on large unlabeled data sets.  However, unlike traditional machine learning models that learn patterns and make predictions or decisions based on those patterns, generative AI takes a step further, it not only learns from data but also creates new data instances that mimic the properties of the input data.

 

What makes Gen AI unique is its foundation in large language models and deep learning architectures that enable it to understand context, mimic human creativity, and generate original outputs based on learned patterns. Unlike traditional AI, which follows predefined rules or logic trees, Gen AI can adapt and evolve its responses, often producing results that feel intuitive, nuanced, and surprisingly human-like.

While earlier AI models relied heavily on predefined rules and human inputs, generative AI enables a more fluid interaction between humans and machines. The ability to create customized content in real-time allows businesses to enhance user experiences and personalize products at scale.

Generative AI technology will cause a profound disruption to industries and may ultimately aid in solving some of the most complex problems facing the world today. 

 

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According to Goldman Sachs Research, Generative AI has the potential to increase global GDP by 7%, equating to nearly $7 trillion, and enhance productivity growth by 1.5 percentage points over a decade.

How Generative AI Differs From Other Types of AI, Programing
and Machine Learning

Traditional AI

This refers to AI systems that can perform specific tasks by following predetermined rules or algorithms. They are primarily rule-based systems that can't learn from data or improve over time. Generative AI, on the other hand, can learn from data and generate new data instances.

 

Machine Learning

Machine Learning is a system to learn from data rather than through explicit programming. It is the process where a computer program can adapt to and learn from new data independently, resulting in the discovery of trends and insights. Generative AI makes use of machine learning techniques to learn from and create new data.

 

Conventional AI

It enables machines to understand and respond to human language in a human-like manner. While generative AI and conversational AI may seem similar, particularly when generative AI is used to generate human-like text, their primary difference lies in their purpose. Conversational AI is used to create interactive systems that can engage in human-like dialogue, whereas generative AI is broader, encompassing the creation of various data types, not just text.

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