However, the article also highlights potential perils of genAI, including intellectual property violation, disinformation at scale, and encoded bias. Despite these challenges, genAI is expected to become increasingly prevalent, with nearly half of respondents to a Snorkel poll expecting their company to use genAI in production by the end of 2023. The article concludes by emphasizing that while genAI is not magic, it will solve some problems and ease others, and that humans with AI will replace humans without AI.
Key takeaways:
- Generative AI, or genAI, is a transformative technology that creates open-ended output, pushing computers into domains previously reserved for humans, such as writing and art creation.
- Generative AI works by using mathematical models and large amounts of data to mimic and generate variations of the input data. It can work in various media including text, images, audio, and video.
- While genAI has the potential to increase productivity and speed up processes, it also poses risks such as intellectual property violation, disinformation at scale, and encoded bias.
- The future of genAI is expected to become more prevalent as its most valuable applications become clear and expectations for the technology realign. However, it is not a magic solution and will not replace all human tasks.