Generative AI and its Implications for Business - Fosfor

What is the causal relationship and need of GenAI regarding tangible and intangible business results?


Gen AI describes algorithms (such as ChatGPT, Github Copilot, and Bard) that can be used to create new content, including audio, code, images, text, simulations, and videos. In a time-is-money world, Gen AI has revolutionized how imagination and creativity can be accelerated; with simple text-based prompts, we can obtain machine-generated content, images, and more.

This is generated by the scores of data that Generative AI Platform have analyzed and pre-trained their algorithms on. It truly has the potential to change how businesses function, and its impact is unraveling in various industries.