Generative AI Finds New Business Applications Beyond ChatGPT – Hotel News Resource
While the tech world is abuzz with ChatGPT, its underlying technology i.e., generative AI has capabilities that go beyond simple chatbots with normal query-answering features to write essays, debug codes, and explain complex topics. The technology gains investor attention to find new applications such as data augmentation, product development, and risk management across sectors, finds GlobalData.
Kiran Raj, Practice Head of Disruptive Tech at GlobalData, comments: “Generative AI has expanded beyond the conventional use of AI for tasks such as malware detection, recommendation engines, and forecasting models to create new content such as text, code, image, simulations, and video based on the user text input (text-to-x), opening up a broad spectrum of use cases across various industries.”
Saurabh Daga, Associate Project Manager of Disruptive Tech at GlobalData, comments: “The generative AI space is witnessing a two-pronged growth: on one hand, we see an evolving application landscape…
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source: https://news.oneseocompany.com/2023/03/29/generative-ai-finds-new-business-applications-beyond-chatgpt-hotel-news-resource_2023032942768.html
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