Generative AI is a type of artificial intelligence that focuses on enabling machines to generate new and original content. It leverages advanced algorithms and neural networks to autonomously produce outputs that mimic human creativity and decision-making.
Generative AI systems are trained on extremely large datasets, which could potentially take advantage of nearly all the information on the internet. Today’s generative AI models produce content that often is indistinguishable from that created by humans.
Generative AI can help overcome challenges in creativity and innovation. It can supplement the creativity of employees and customers and help them produce and identify novel ideas, and improve the quality of raw ideas.
Experts predict that generative AI will play a significant role in the future of the internet, with 90% of content being generated by bots instead of humans.
Here is an example of a generative AI model called ChatGPT developed by OpenAI that uses generative AI and natural language processing to simulate human-like conversations in a chat window where the user can ask the bot to help with a variety of tasks, including drafting emails, essays, code, and more.