Understanding generative AI

Have you ever wondered how computers are able to generate art, write stories, and even create music? Well, it's because of a new type of AI technology called Generative AI. Generative AI is a type of artificial intelligence that's able to learn from patterns and data and generate new data based on what it has learned. Today, the most widely used types of Generative AI are models that are generating text or images such as ChatGPT or Midjourney. But these models can be applied across a lot of different types of data, including audio, video, 3D models, and the list is growing every day. And that ability to generate new data has really democratized access to AI. In the past, to use AI, you would have to train one of these models yourself, which would require you to have big data and an experienced team that can go and build that model. But now, because these models have learned that core task, such as generating text, they are actually able to be applied across a whole variety of new tasks, such as summarizing documents, copywriting, writing code and a lot more. There are a growing number of companies, including OpenAI, who are building these models and then making them available to the public. So, if you've ever wanted to use AI in your business or in your work, there's never been a better time, thanks to Generative AI.