Generative AI for Your Business – Key Benefits, Uses, & Risks
Generative AI (Gen AI) is basically based on the existing data and creates new and realistic data from the existing one without directly copying it. It can generate a huge volume of new content and media like pictures, audio, videos, text, software code, and product designs. It uses several techniques that continue to evolve. For example, AI foundation models are well equipped with a wide set of unlabeled data that can be used for different purposes. with further improvement. Let’s explore everything about Generative AI, starting with what it stands for, its key benefits, applications, and associated risks.