Generative AI is one of the most viral topics spreading around the internet and also in the world of internet. AI has currently become the most revolutionizing element in human lives to ease out tasks through innovation.

ChatGPT is the word with which almost every individual is now well versed. ChatGPT uses the concept of Generative AI that has paved a new way of innovation for generations to come.

Modern life without technology is almost blind as it fails to guide an individual in the realm of advancements with un-ending possibilities to explore. Artificial Intelligence along with Natural Language Processing and Artificial Neural Networks are now more capable of showcasing its transformative potential.

Text generation process of machine learning uses the most advanced model of Transformers which processes a sentence as a whole and provides better output response. Thus the Generative AI is now more advanced to produce complete response as per the requestor’s requirement. Generative AI also includes video generation, speech generation, data augmentation and diverse range of applications in healthcare, music and many others.

GENERATIVE AI FOR BUSINESS

Access to the history of stored data or information allows businesses to enumerate growth through better analysing, processing and successful experiments.

At present organizations are adopting several methods of experiment by consuming available data through APIs and train them for their own needs. However, tuning models using their own data has the capability to reimagine a new future of combined human and machine excellence.

With the inclusion of AI, organization’s responsibilities towards their employees increases as such demands talent investments to boost individual skill upgradation. The modern workforce is required to be prepared to work closely with Generative AI as it can assist with a range of options that act as starting points for human creativity.

Further by incorporating Generative AI tools in business, the need for better security arises. Workforce has to be trained to understand the sensitivity in using confidential data that should not be shared publicly to protect intellectual property. Notably stated by the Vice President of Product Management for Microsoft Cognitive Services,

Generative AI has an immense potential to aid in organizational growth and by proper tuning of their own available data, it can be utilized to accelerate R&D to emerge new business models through better customer experience personalization.

POPULAR GENERATIVE AI TOOLS

Generative AI has now become a trending form of Artificial Intelligence wherein large data sets are trained with the capability to produce images, texts, videos and predict the future possibilities.

It is a widely adopted commercial tool for creative workflows and practices. Media companies like Fortune and BuzzFeed are already trying to utilize the potential of Generative AI.

Some of the popular Generative AI Tools are:

• ChatGPT

ChatGPT is one of the most common AI powered tools that can generate unique written contents and also communicate them to its user.

• DALL-E 2

Created by OpenAI, which is also the creator of ChatGPT, DALL-E 2 can generate realistic images with the process of diffusion. It has the ability to create random dots and form an image as per the user’s request.

• Midjourney

Midjourney is a text to image generator which produces extra-ordinary images from texts. It is a small self-funded team focused on design, human infrastructure, and AI.

• Jasper

Jasper provides content creators with contents and also rank them for faster online brand recognition. It also has an AI art generator and chatbot function.