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Generative AI 101 - Intro
Generative AI 101 - Intro
Text Generation : GPT, Bard, LLaMA, Alpaca, MPT-7B by Mosaic, BloombergGPT, etc.
Practical • Content Creation: Generative AI automates the creation of social media posts,
product descriptions, and articles, saving time and resources.
and • Music Composition: Generative AI composes original music pieces in various genres
and styles.
Opportunities • Product Design and Prototyping: Generative AI assists in designing and prototyping
products with unique configurations.
• Data Augmentation and Synthesis: Generative AI augments and synthesizes data to
improve training datasets.
• Personalized Recommendations: Generative AI enables personalized
recommendations in e-commerce, entertainment, and more.
• Other Applications: Generative AI finds applications in diverse fields like video game
design, virtual reality, chatbots, and medical image generation.
• Creative Content Generation: Generative AI empowers businesses to effortlessly
generate new and original content, fostering creativity and innovation across
industries like art, design, and entertainment.
• Enhanced Personalization: Generative AI enables personalized user experiences
by tailoring content, recommendations, and product offerings based on individual
preferences and behaviors.
• Time and Cost Savings: Automated content generation through generative AI can
Advantages of save time and resources by reducing manual effort and enabling efficient
production of diverse and engaging content.
Generative AI • Rapid Prototyping and Iteration: Generative AI facilitates quick prototyping and
iteration in product development, enabling faster testing and refinement of ideas
and designs.
• Personal Assistant and Chatbot Capabilities: Generative AI powers intelligent
personal assistants and chatbots, enabling natural language interactions,
answering queries, and providing personalized recommendations.
• Data Augmentation and Simulation: Generative AI can generate synthetic data,
aiding in data augmentation, simulation, and training of machine learning models
in scenarios where real-world data is limited or expensive to acquire.
• Deployment Limitations: Cloud-based models complicate on-premises
deployment, requiring expertise and infrastructure.
• Cost and Data Requirements: Training in-house models is expensive due to
computational resources and extensive data needs.
• Scalability Challenges: Cloud models may have limits on requests, hampering
Disadvantages scalability for high-demand scenarios.
• Voice Bot Implementation: Delays in API responses can impact real-time
of Generative interactions in voice bots.
• Ethical Concerns: Generative AI can generate realistic fake content, raising
AI concerns of misuse.
• Bias and Fairness: Biases in training data can be amplified, leading to ethical and
societal issues.
• Lack of Control Over Outputs: Generative AI may produce unpredictable outputs,
posing challenges for specific requirements.
• Interpretability and Explainability: Models lack transparency, hindering trust and
adoption.
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