Generative AI: the ultimate guide for small business owners

Generative AI applications have been the talk of the internet for the past few months, from OpenAI’s ChatGPT to Google’s Bard. These applications represent a breakthrough in the age of artificial intelligence that moves humanity closer to the next era of our collective evolution.

For instance, in my personal life since the launch of these programs,  I’ve had to take several breaks from my activities to quickly ask ChatGPT for a summary of important concepts crucial to my understanding of something I came across without having to spend hours navigating display ads on web pages that provide the same information online.

ChatGPT and other generative AI applications allow me to quickly discuss concepts I had zero understanding of seconds before with limitless depth.

As you’ll soon see the further we go in this guide, the desire to be limitless is undoubtedly the driving force behind AI applications.

So as a result of this understanding, we’ll explore this premise and many more in this article.

    1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
    1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

 

    1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

 

Marketing and Hosting a generative AI product

The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

 

Conclusion

As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

 

Need to scale your software development efforts?

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  • Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

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      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide

  • Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide

      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide

  • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

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    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide

    For example, apart from the generative AI applications mentioned so far in this article all of which you can take advantage of for your business need, companies like Hubspot whose product itself is a utility service are incorporating several AI features.

     You can adapt generative AI solutions for art, music, photography, finance, journalism, etc. 

    This is to say that If you’re a business owner, you should already be looking to automate, augment humans or machines, and autonomously execute your business processes using these tools.

    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide

    Since learning how to create effective queries can be crucial to how productive you are with these tools, I go over all of these points in full detail in articles on this blog on how to create ChatGPT queries. Search for them and read them.

    The current generative AI landscape

    As you might have guessed, generative AI applications vary in their capabilities and the current generative AI tools offer different advantages and use cases depending on the type of business.

    Furthermore, as newer utility applications are being built by engineers in the field of computer science, more and more traditional enterprises will also begin to offer AI-powered solutions as a way to retain customers and manage or gain leads and we are already seeing this trend.

    For example, apart from the generative AI applications mentioned so far in this article all of which you can take advantage of for your business need, companies like Hubspot whose product itself is a utility service are incorporating several AI features.

     You can adapt generative AI solutions for art, music, photography, finance, journalism, etc. 

    This is to say that If you’re a business owner, you should already be looking to automate, augment humans or machines, and autonomously execute your business processes using these tools.

    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide

      1. Bind every prompt with a clear constraint
      1. Iterate over your constraints often

    Since learning how to create effective queries can be crucial to how productive you are with these tools, I go over all of these points in full detail in articles on this blog on how to create ChatGPT queries. Search for them and read them.

    The current generative AI landscape

    As you might have guessed, generative AI applications vary in their capabilities and the current generative AI tools offer different advantages and use cases depending on the type of business.

    Furthermore, as newer utility applications are being built by engineers in the field of computer science, more and more traditional enterprises will also begin to offer AI-powered solutions as a way to retain customers and manage or gain leads and we are already seeing this trend.

    For example, apart from the generative AI applications mentioned so far in this article all of which you can take advantage of for your business need, companies like Hubspot whose product itself is a utility service are incorporating several AI features.

     You can adapt generative AI solutions for art, music, photography, finance, journalism, etc. 

    This is to say that If you’re a business owner, you should already be looking to automate, augment humans or machines, and autonomously execute your business processes using these tools.

    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide

  • Do not give it vague instructions.
      1. Bind every prompt with a clear constraint
      1. Iterate over your constraints often

    Since learning how to create effective queries can be crucial to how productive you are with these tools, I go over all of these points in full detail in articles on this blog on how to create ChatGPT queries. Search for them and read them.

    The current generative AI landscape

    As you might have guessed, generative AI applications vary in their capabilities and the current generative AI tools offer different advantages and use cases depending on the type of business.

    Furthermore, as newer utility applications are being built by engineers in the field of computer science, more and more traditional enterprises will also begin to offer AI-powered solutions as a way to retain customers and manage or gain leads and we are already seeing this trend.

    For example, apart from the generative AI applications mentioned so far in this article all of which you can take advantage of for your business need, companies like Hubspot whose product itself is a utility service are incorporating several AI features.

     You can adapt generative AI solutions for art, music, photography, finance, journalism, etc. 

    This is to say that If you’re a business owner, you should already be looking to automate, augment humans or machines, and autonomously execute your business processes using these tools.

    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

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      1. Do not give it vague instructions.
      1. Bind every prompt with a clear constraint
      1. Iterate over your constraints often

    Since learning how to create effective queries can be crucial to how productive you are with these tools, I go over all of these points in full detail in articles on this blog on how to create ChatGPT queries. Search for them and read them.

    The current generative AI landscape

    As you might have guessed, generative AI applications vary in their capabilities and the current generative AI tools offer different advantages and use cases depending on the type of business.

    Furthermore, as newer utility applications are being built by engineers in the field of computer science, more and more traditional enterprises will also begin to offer AI-powered solutions as a way to retain customers and manage or gain leads and we are already seeing this trend.

    For example, apart from the generative AI applications mentioned so far in this article all of which you can take advantage of for your business need, companies like Hubspot whose product itself is a utility service are incorporating several AI features.

     You can adapt generative AI solutions for art, music, photography, finance, journalism, etc. 

    This is to say that If you’re a business owner, you should already be looking to automate, augment humans or machines, and autonomously execute your business processes using these tools.

    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

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    It is on this assumption I would like to give you the following tip for creating useful queries if you intend to use applications like ChatGPT and Bard for work or fun.

      1. Do not give it vague instructions.
      1. Bind every prompt with a clear constraint
      1. Iterate over your constraints often

    Since learning how to create effective queries can be crucial to how productive you are with these tools, I go over all of these points in full detail in articles on this blog on how to create ChatGPT queries. Search for them and read them.

    The current generative AI landscape

    As you might have guessed, generative AI applications vary in their capabilities and the current generative AI tools offer different advantages and use cases depending on the type of business.

    Furthermore, as newer utility applications are being built by engineers in the field of computer science, more and more traditional enterprises will also begin to offer AI-powered solutions as a way to retain customers and manage or gain leads and we are already seeing this trend.

    For example, apart from the generative AI applications mentioned so far in this article all of which you can take advantage of for your business need, companies like Hubspot whose product itself is a utility service are incorporating several AI features.

     You can adapt generative AI solutions for art, music, photography, finance, journalism, etc. 

    This is to say that If you’re a business owner, you should already be looking to automate, augment humans or machines, and autonomously execute your business processes using these tools.

    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide

    It is on this assumption I would like to give you the following tip for creating useful queries if you intend to use applications like ChatGPT and Bard for work or fun.

      1. Do not give it vague instructions.
      1. Bind every prompt with a clear constraint
      1. Iterate over your constraints often

    Since learning how to create effective queries can be crucial to how productive you are with these tools, I go over all of these points in full detail in articles on this blog on how to create ChatGPT queries. Search for them and read them.

    The current generative AI landscape

    As you might have guessed, generative AI applications vary in their capabilities and the current generative AI tools offer different advantages and use cases depending on the type of business.

    Furthermore, as newer utility applications are being built by engineers in the field of computer science, more and more traditional enterprises will also begin to offer AI-powered solutions as a way to retain customers and manage or gain leads and we are already seeing this trend.

    For example, apart from the generative AI applications mentioned so far in this article all of which you can take advantage of for your business need, companies like Hubspot whose product itself is a utility service are incorporating several AI features.

     You can adapt generative AI solutions for art, music, photography, finance, journalism, etc. 

    This is to say that If you’re a business owner, you should already be looking to automate, augment humans or machines, and autonomously execute your business processes using these tools.

    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

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    Source: Awesome ChatGPT prompts

     Generating queries

    If you’re a beginner to using generative AI applications, the query above may seem strange with how detailed it is.

    It is on this assumption I would like to give you the following tip for creating useful queries if you intend to use applications like ChatGPT and Bard for work or fun.

      1. Do not give it vague instructions.
      1. Bind every prompt with a clear constraint
      1. Iterate over your constraints often

    Since learning how to create effective queries can be crucial to how productive you are with these tools, I go over all of these points in full detail in articles on this blog on how to create ChatGPT queries. Search for them and read them.

    The current generative AI landscape

    As you might have guessed, generative AI applications vary in their capabilities and the current generative AI tools offer different advantages and use cases depending on the type of business.

    Furthermore, as newer utility applications are being built by engineers in the field of computer science, more and more traditional enterprises will also begin to offer AI-powered solutions as a way to retain customers and manage or gain leads and we are already seeing this trend.

    For example, apart from the generative AI applications mentioned so far in this article all of which you can take advantage of for your business need, companies like Hubspot whose product itself is a utility service are incorporating several AI features.

     You can adapt generative AI solutions for art, music, photography, finance, journalism, etc. 

    This is to say that If you’re a business owner, you should already be looking to automate, augment humans or machines, and autonomously execute your business processes using these tools.

    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

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    Source

    Using generative AI to write code

    But the sales and marketing industry is not the only industry in which generative AI is changing.

    For instance, there have been reports of how generative AI is helping in healthcare, music, programming, etc.

    As an example, developers have started using generative AI applications like Google Bard to write code since these tools can serve as a developer console and remote programming interface.

    Quick test: copy the following query into ChatGPT or Bard and observe the result.

    “I want you to act as a javascript console. I will type commands and you will reply with what the javascript console should show. Only reply with the terminal output inside one unique code block, and nothing else. do not write explanations. do not type commands unless I instruct you to do so. When I need to tell you something in English, I will do so by putting text inside curly brackets {like this}. My first command is console.log(“Hello World”);”

    Source: Awesome ChatGPT prompts

     Generating queries

    If you’re a beginner to using generative AI applications, the query above may seem strange with how detailed it is.

    It is on this assumption I would like to give you the following tip for creating useful queries if you intend to use applications like ChatGPT and Bard for work or fun.

      1. Do not give it vague instructions.
      1. Bind every prompt with a clear constraint
      1. Iterate over your constraints often

    Since learning how to create effective queries can be crucial to how productive you are with these tools, I go over all of these points in full detail in articles on this blog on how to create ChatGPT queries. Search for them and read them.

    The current generative AI landscape

    As you might have guessed, generative AI applications vary in their capabilities and the current generative AI tools offer different advantages and use cases depending on the type of business.

    Furthermore, as newer utility applications are being built by engineers in the field of computer science, more and more traditional enterprises will also begin to offer AI-powered solutions as a way to retain customers and manage or gain leads and we are already seeing this trend.

    For example, apart from the generative AI applications mentioned so far in this article all of which you can take advantage of for your business need, companies like Hubspot whose product itself is a utility service are incorporating several AI features.

     You can adapt generative AI solutions for art, music, photography, finance, journalism, etc. 

    This is to say that If you’re a business owner, you should already be looking to automate, augment humans or machines, and autonomously execute your business processes using these tools.

    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

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    In simple terms, current generative AI applications work by adopting a non-supervised training approach which means that they’re built in a way that lets them understand and learn from data by uncovering patterns in the underlying structure of the data that they were given to train on before launch.

    How generative AI is changing creative work

    Several utility applications use the concept of generative AI, such as ChatGPT.

    A program built in the same way can generate knowledgeable replies to any kind of query, such as writing a letter or a play, from the data it was trained on.

    As an example of how utilizing generative AI applications has helped creative businesses and their owners, read this antidote by Dickie Bush.

     

    Source

    Using generative AI to write code

    But the sales and marketing industry is not the only industry in which generative AI is changing.

    For instance, there have been reports of how generative AI is helping in healthcare, music, programming, etc.

    As an example, developers have started using generative AI applications like Google Bard to write code since these tools can serve as a developer console and remote programming interface.

    Quick test: copy the following query into ChatGPT or Bard and observe the result.

    “I want you to act as a javascript console. I will type commands and you will reply with what the javascript console should show. Only reply with the terminal output inside one unique code block, and nothing else. do not write explanations. do not type commands unless I instruct you to do so. When I need to tell you something in English, I will do so by putting text inside curly brackets {like this}. My first command is console.log(“Hello World”);”

    Source: Awesome ChatGPT prompts

     Generating queries

    If you’re a beginner to using generative AI applications, the query above may seem strange with how detailed it is.

    It is on this assumption I would like to give you the following tip for creating useful queries if you intend to use applications like ChatGPT and Bard for work or fun.

      1. Do not give it vague instructions.
      1. Bind every prompt with a clear constraint
      1. Iterate over your constraints often

    Since learning how to create effective queries can be crucial to how productive you are with these tools, I go over all of these points in full detail in articles on this blog on how to create ChatGPT queries. Search for them and read them.

    The current generative AI landscape

    As you might have guessed, generative AI applications vary in their capabilities and the current generative AI tools offer different advantages and use cases depending on the type of business.

    Furthermore, as newer utility applications are being built by engineers in the field of computer science, more and more traditional enterprises will also begin to offer AI-powered solutions as a way to retain customers and manage or gain leads and we are already seeing this trend.

    For example, apart from the generative AI applications mentioned so far in this article all of which you can take advantage of for your business need, companies like Hubspot whose product itself is a utility service are incorporating several AI features.

     You can adapt generative AI solutions for art, music, photography, finance, journalism, etc. 

    This is to say that If you’re a business owner, you should already be looking to automate, augment humans or machines, and autonomously execute your business processes using these tools.

    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide

    As evident in the quote from Gartner above the idea behind generative AI is to enable new forms of expression, and innovative problem-solving, as well as to augment human capabilities since for example as we just discussed, generative AI can help create new content, such as music, art, literature, and games; design new products, such as drugs, materials, and chips; and generate realistic simulations, such as virtual environments, scenarios, and characters from trained data.

    How it works

    In one of the articles on our blog about ChatGPT, I detailed how generative AI works and mentioned in particular what gave birth to the rise in popularity of the concept as observed by David Gewirtz.

    The sudden success of generative AI applications and the massive popularity of the concept are due to the breakthrough in the training approach for these applications.

    Generally speaking, AI applications use either supervised or unsupervised learning to pre-train.

    According to David, most AI projects up until the current crop of generative AI systems like ChatGPT used the supervised approach but this meant that the developers working on these applications would have to preempt all the questions that would ever be asked to the system which means there’s no way that an application like ChatGPT could have been trained with a supervised model.

    Instead, ChatGPT and the current crop of generative AI applications use non-supervised pre-training and this was the game changer.

    In simple terms, current generative AI applications work by adopting a non-supervised training approach which means that they’re built in a way that lets them understand and learn from data by uncovering patterns in the underlying structure of the data that they were given to train on before launch.

    How generative AI is changing creative work

    Several utility applications use the concept of generative AI, such as ChatGPT.

    A program built in the same way can generate knowledgeable replies to any kind of query, such as writing a letter or a play, from the data it was trained on.

    As an example of how utilizing generative AI applications has helped creative businesses and their owners, read this antidote by Dickie Bush.

     

    Source

    Using generative AI to write code

    But the sales and marketing industry is not the only industry in which generative AI is changing.

    For instance, there have been reports of how generative AI is helping in healthcare, music, programming, etc.

    As an example, developers have started using generative AI applications like Google Bard to write code since these tools can serve as a developer console and remote programming interface.

    Quick test: copy the following query into ChatGPT or Bard and observe the result.

    “I want you to act as a javascript console. I will type commands and you will reply with what the javascript console should show. Only reply with the terminal output inside one unique code block, and nothing else. do not write explanations. do not type commands unless I instruct you to do so. When I need to tell you something in English, I will do so by putting text inside curly brackets {like this}. My first command is console.log(“Hello World”);”

    Source: Awesome ChatGPT prompts

     Generating queries

    If you’re a beginner to using generative AI applications, the query above may seem strange with how detailed it is.

    It is on this assumption I would like to give you the following tip for creating useful queries if you intend to use applications like ChatGPT and Bard for work or fun.

      1. Do not give it vague instructions.
      1. Bind every prompt with a clear constraint
      1. Iterate over your constraints often

    Since learning how to create effective queries can be crucial to how productive you are with these tools, I go over all of these points in full detail in articles on this blog on how to create ChatGPT queries. Search for them and read them.

    The current generative AI landscape

    As you might have guessed, generative AI applications vary in their capabilities and the current generative AI tools offer different advantages and use cases depending on the type of business.

    Furthermore, as newer utility applications are being built by engineers in the field of computer science, more and more traditional enterprises will also begin to offer AI-powered solutions as a way to retain customers and manage or gain leads and we are already seeing this trend.

    For example, apart from the generative AI applications mentioned so far in this article all of which you can take advantage of for your business need, companies like Hubspot whose product itself is a utility service are incorporating several AI features.

     You can adapt generative AI solutions for art, music, photography, finance, journalism, etc. 

    This is to say that If you’re a business owner, you should already be looking to automate, augment humans or machines, and autonomously execute your business processes using these tools.

    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide

    OpenAI’s DALL·E application generates images based on user-provided text queries and from an existing database of images that it was trained on.

    Generative AI benefits

    As evident in the quote from Gartner above the idea behind generative AI is to enable new forms of expression, and innovative problem-solving, as well as to augment human capabilities since for example as we just discussed, generative AI can help create new content, such as music, art, literature, and games; design new products, such as drugs, materials, and chips; and generate realistic simulations, such as virtual environments, scenarios, and characters from trained data.

    How it works

    In one of the articles on our blog about ChatGPT, I detailed how generative AI works and mentioned in particular what gave birth to the rise in popularity of the concept as observed by David Gewirtz.

    The sudden success of generative AI applications and the massive popularity of the concept are due to the breakthrough in the training approach for these applications.

    Generally speaking, AI applications use either supervised or unsupervised learning to pre-train.

    According to David, most AI projects up until the current crop of generative AI systems like ChatGPT used the supervised approach but this meant that the developers working on these applications would have to preempt all the questions that would ever be asked to the system which means there’s no way that an application like ChatGPT could have been trained with a supervised model.

    Instead, ChatGPT and the current crop of generative AI applications use non-supervised pre-training and this was the game changer.

    In simple terms, current generative AI applications work by adopting a non-supervised training approach which means that they’re built in a way that lets them understand and learn from data by uncovering patterns in the underlying structure of the data that they were given to train on before launch.

    How generative AI is changing creative work

    Several utility applications use the concept of generative AI, such as ChatGPT.

    A program built in the same way can generate knowledgeable replies to any kind of query, such as writing a letter or a play, from the data it was trained on.

    As an example of how utilizing generative AI applications has helped creative businesses and their owners, read this antidote by Dickie Bush.

     

    Source

    Using generative AI to write code

    But the sales and marketing industry is not the only industry in which generative AI is changing.

    For instance, there have been reports of how generative AI is helping in healthcare, music, programming, etc.

    As an example, developers have started using generative AI applications like Google Bard to write code since these tools can serve as a developer console and remote programming interface.

    Quick test: copy the following query into ChatGPT or Bard and observe the result.

    “I want you to act as a javascript console. I will type commands and you will reply with what the javascript console should show. Only reply with the terminal output inside one unique code block, and nothing else. do not write explanations. do not type commands unless I instruct you to do so. When I need to tell you something in English, I will do so by putting text inside curly brackets {like this}. My first command is console.log(“Hello World”);”

    Source: Awesome ChatGPT prompts

     Generating queries

    If you’re a beginner to using generative AI applications, the query above may seem strange with how detailed it is.

    It is on this assumption I would like to give you the following tip for creating useful queries if you intend to use applications like ChatGPT and Bard for work or fun.

      1. Do not give it vague instructions.
      1. Bind every prompt with a clear constraint
      1. Iterate over your constraints often

    Since learning how to create effective queries can be crucial to how productive you are with these tools, I go over all of these points in full detail in articles on this blog on how to create ChatGPT queries. Search for them and read them.

    The current generative AI landscape

    As you might have guessed, generative AI applications vary in their capabilities and the current generative AI tools offer different advantages and use cases depending on the type of business.

    Furthermore, as newer utility applications are being built by engineers in the field of computer science, more and more traditional enterprises will also begin to offer AI-powered solutions as a way to retain customers and manage or gain leads and we are already seeing this trend.

    For example, apart from the generative AI applications mentioned so far in this article all of which you can take advantage of for your business need, companies like Hubspot whose product itself is a utility service are incorporating several AI features.

     You can adapt generative AI solutions for art, music, photography, finance, journalism, etc. 

    This is to say that If you’re a business owner, you should already be looking to automate, augment humans or machines, and autonomously execute your business processes using these tools.

    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

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    Artificial intelligence is subdivided into six implementation fields: machine learning, vision, hearing, natural language processing, robotics, and expert systems. In the field of artificial intelligence, generative AI is a concept where several computer science techniques are used to create new data from existing datasets in the machine learning subfield.

    When generative AI started

    ChatGPT, a chatbot that reads and responds to human queries with text that seems like it was written by another human, became popular in late 2022 when it was launched.

    Another thing to note is that there are other implementations of the concept of generative AI.

    MusicLM generates new and never-before-heard sound or music from an existing database of music with human input.

    OpenAI’s DALL·E application generates images based on user-provided text queries and from an existing database of images that it was trained on.

    Generative AI benefits

    As evident in the quote from Gartner above the idea behind generative AI is to enable new forms of expression, and innovative problem-solving, as well as to augment human capabilities since for example as we just discussed, generative AI can help create new content, such as music, art, literature, and games; design new products, such as drugs, materials, and chips; and generate realistic simulations, such as virtual environments, scenarios, and characters from trained data.

    How it works

    In one of the articles on our blog about ChatGPT, I detailed how generative AI works and mentioned in particular what gave birth to the rise in popularity of the concept as observed by David Gewirtz.

    The sudden success of generative AI applications and the massive popularity of the concept are due to the breakthrough in the training approach for these applications.

    Generally speaking, AI applications use either supervised or unsupervised learning to pre-train.

    According to David, most AI projects up until the current crop of generative AI systems like ChatGPT used the supervised approach but this meant that the developers working on these applications would have to preempt all the questions that would ever be asked to the system which means there’s no way that an application like ChatGPT could have been trained with a supervised model.

    Instead, ChatGPT and the current crop of generative AI applications use non-supervised pre-training and this was the game changer.

    In simple terms, current generative AI applications work by adopting a non-supervised training approach which means that they’re built in a way that lets them understand and learn from data by uncovering patterns in the underlying structure of the data that they were given to train on before launch.

    How generative AI is changing creative work

    Several utility applications use the concept of generative AI, such as ChatGPT.

    A program built in the same way can generate knowledgeable replies to any kind of query, such as writing a letter or a play, from the data it was trained on.

    As an example of how utilizing generative AI applications has helped creative businesses and their owners, read this antidote by Dickie Bush.

     

    Source

    Using generative AI to write code

    But the sales and marketing industry is not the only industry in which generative AI is changing.

    For instance, there have been reports of how generative AI is helping in healthcare, music, programming, etc.

    As an example, developers have started using generative AI applications like Google Bard to write code since these tools can serve as a developer console and remote programming interface.

    Quick test: copy the following query into ChatGPT or Bard and observe the result.

    “I want you to act as a javascript console. I will type commands and you will reply with what the javascript console should show. Only reply with the terminal output inside one unique code block, and nothing else. do not write explanations. do not type commands unless I instruct you to do so. When I need to tell you something in English, I will do so by putting text inside curly brackets {like this}. My first command is console.log(“Hello World”);”

    Source: Awesome ChatGPT prompts

     Generating queries

    If you’re a beginner to using generative AI applications, the query above may seem strange with how detailed it is.

    It is on this assumption I would like to give you the following tip for creating useful queries if you intend to use applications like ChatGPT and Bard for work or fun.

      1. Do not give it vague instructions.
      1. Bind every prompt with a clear constraint
      1. Iterate over your constraints often

    Since learning how to create effective queries can be crucial to how productive you are with these tools, I go over all of these points in full detail in articles on this blog on how to create ChatGPT queries. Search for them and read them.

    The current generative AI landscape

    As you might have guessed, generative AI applications vary in their capabilities and the current generative AI tools offer different advantages and use cases depending on the type of business.

    Furthermore, as newer utility applications are being built by engineers in the field of computer science, more and more traditional enterprises will also begin to offer AI-powered solutions as a way to retain customers and manage or gain leads and we are already seeing this trend.

    For example, apart from the generative AI applications mentioned so far in this article all of which you can take advantage of for your business need, companies like Hubspot whose product itself is a utility service are incorporating several AI features.

     You can adapt generative AI solutions for art, music, photography, finance, journalism, etc. 

    This is to say that If you’re a business owner, you should already be looking to automate, augment humans or machines, and autonomously execute your business processes using these tools.

    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide

     

    What’s generative AI 

    To truly understand generative AI, we first need to look at the larger artificial intelligence field of computer science discipline.

    Artificial intelligence is subdivided into six implementation fields: machine learning, vision, hearing, natural language processing, robotics, and expert systems. In the field of artificial intelligence, generative AI is a concept where several computer science techniques are used to create new data from existing datasets in the machine learning subfield.

    When generative AI started

    ChatGPT, a chatbot that reads and responds to human queries with text that seems like it was written by another human, became popular in late 2022 when it was launched.

    Another thing to note is that there are other implementations of the concept of generative AI.

    MusicLM generates new and never-before-heard sound or music from an existing database of music with human input.

    OpenAI’s DALL·E application generates images based on user-provided text queries and from an existing database of images that it was trained on.

    Generative AI benefits

    As evident in the quote from Gartner above the idea behind generative AI is to enable new forms of expression, and innovative problem-solving, as well as to augment human capabilities since for example as we just discussed, generative AI can help create new content, such as music, art, literature, and games; design new products, such as drugs, materials, and chips; and generate realistic simulations, such as virtual environments, scenarios, and characters from trained data.

    How it works

    In one of the articles on our blog about ChatGPT, I detailed how generative AI works and mentioned in particular what gave birth to the rise in popularity of the concept as observed by David Gewirtz.

    The sudden success of generative AI applications and the massive popularity of the concept are due to the breakthrough in the training approach for these applications.

    Generally speaking, AI applications use either supervised or unsupervised learning to pre-train.

    According to David, most AI projects up until the current crop of generative AI systems like ChatGPT used the supervised approach but this meant that the developers working on these applications would have to preempt all the questions that would ever be asked to the system which means there’s no way that an application like ChatGPT could have been trained with a supervised model.

    Instead, ChatGPT and the current crop of generative AI applications use non-supervised pre-training and this was the game changer.

    In simple terms, current generative AI applications work by adopting a non-supervised training approach which means that they’re built in a way that lets them understand and learn from data by uncovering patterns in the underlying structure of the data that they were given to train on before launch.

    How generative AI is changing creative work

    Several utility applications use the concept of generative AI, such as ChatGPT.

    A program built in the same way can generate knowledgeable replies to any kind of query, such as writing a letter or a play, from the data it was trained on.

    As an example of how utilizing generative AI applications has helped creative businesses and their owners, read this antidote by Dickie Bush.

     

    Source

    Using generative AI to write code

    But the sales and marketing industry is not the only industry in which generative AI is changing.

    For instance, there have been reports of how generative AI is helping in healthcare, music, programming, etc.

    As an example, developers have started using generative AI applications like Google Bard to write code since these tools can serve as a developer console and remote programming interface.

    Quick test: copy the following query into ChatGPT or Bard and observe the result.

    “I want you to act as a javascript console. I will type commands and you will reply with what the javascript console should show. Only reply with the terminal output inside one unique code block, and nothing else. do not write explanations. do not type commands unless I instruct you to do so. When I need to tell you something in English, I will do so by putting text inside curly brackets {like this}. My first command is console.log(“Hello World”);”

    Source: Awesome ChatGPT prompts

     Generating queries

    If you’re a beginner to using generative AI applications, the query above may seem strange with how detailed it is.

    It is on this assumption I would like to give you the following tip for creating useful queries if you intend to use applications like ChatGPT and Bard for work or fun.

      1. Do not give it vague instructions.
      1. Bind every prompt with a clear constraint
      1. Iterate over your constraints often

    Since learning how to create effective queries can be crucial to how productive you are with these tools, I go over all of these points in full detail in articles on this blog on how to create ChatGPT queries. Search for them and read them.

    The current generative AI landscape

    As you might have guessed, generative AI applications vary in their capabilities and the current generative AI tools offer different advantages and use cases depending on the type of business.

    Furthermore, as newer utility applications are being built by engineers in the field of computer science, more and more traditional enterprises will also begin to offer AI-powered solutions as a way to retain customers and manage or gain leads and we are already seeing this trend.

    For example, apart from the generative AI applications mentioned so far in this article all of which you can take advantage of for your business need, companies like Hubspot whose product itself is a utility service are incorporating several AI features.

     You can adapt generative AI solutions for art, music, photography, finance, journalism, etc. 

    This is to say that If you’re a business owner, you should already be looking to automate, augment humans or machines, and autonomously execute your business processes using these tools.

    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

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    The ‘could’ here should be read as saying there’s a higher likelihood that widespread AI adoption becomes our collective future than otherwise.

    Generative AI overhyped ? Read this before

    Gartner’s partners in a recent report on the subject matter, shared same sentiment:

    “Gartner sees generative AI becoming a general-purpose technology with an impact similar to that of the steam engine, electricity, and the internet. The hype will subside as the reality of implementation sets in, but the impact of generative AI will grow as people and enterprises discover more innovative applications for the technology in daily work and life.”

    You may be wondering what, if any, is the distinction between AI and generative AI. Or perhaps, you’re just a bit more curious as to what to look forward to now that you know how the future might look with these artificial intelligence applications.

    If this describes you, then you may want to continue to the next section of this guide to gain an understanding of what generative AI is.

     

    What’s generative AI 

    To truly understand generative AI, we first need to look at the larger artificial intelligence field of computer science discipline.

    Artificial intelligence is subdivided into six implementation fields: machine learning, vision, hearing, natural language processing, robotics, and expert systems. In the field of artificial intelligence, generative AI is a concept where several computer science techniques are used to create new data from existing datasets in the machine learning subfield.

    When generative AI started

    ChatGPT, a chatbot that reads and responds to human queries with text that seems like it was written by another human, became popular in late 2022 when it was launched.

    Another thing to note is that there are other implementations of the concept of generative AI.

    MusicLM generates new and never-before-heard sound or music from an existing database of music with human input.

    OpenAI’s DALL·E application generates images based on user-provided text queries and from an existing database of images that it was trained on.

    Generative AI benefits

    As evident in the quote from Gartner above the idea behind generative AI is to enable new forms of expression, and innovative problem-solving, as well as to augment human capabilities since for example as we just discussed, generative AI can help create new content, such as music, art, literature, and games; design new products, such as drugs, materials, and chips; and generate realistic simulations, such as virtual environments, scenarios, and characters from trained data.

    How it works

    In one of the articles on our blog about ChatGPT, I detailed how generative AI works and mentioned in particular what gave birth to the rise in popularity of the concept as observed by David Gewirtz.

    The sudden success of generative AI applications and the massive popularity of the concept are due to the breakthrough in the training approach for these applications.

    Generally speaking, AI applications use either supervised or unsupervised learning to pre-train.

    According to David, most AI projects up until the current crop of generative AI systems like ChatGPT used the supervised approach but this meant that the developers working on these applications would have to preempt all the questions that would ever be asked to the system which means there’s no way that an application like ChatGPT could have been trained with a supervised model.

    Instead, ChatGPT and the current crop of generative AI applications use non-supervised pre-training and this was the game changer.

    In simple terms, current generative AI applications work by adopting a non-supervised training approach which means that they’re built in a way that lets them understand and learn from data by uncovering patterns in the underlying structure of the data that they were given to train on before launch.

    How generative AI is changing creative work

    Several utility applications use the concept of generative AI, such as ChatGPT.

    A program built in the same way can generate knowledgeable replies to any kind of query, such as writing a letter or a play, from the data it was trained on.

    As an example of how utilizing generative AI applications has helped creative businesses and their owners, read this antidote by Dickie Bush.

     

    Source

    Using generative AI to write code

    But the sales and marketing industry is not the only industry in which generative AI is changing.

    For instance, there have been reports of how generative AI is helping in healthcare, music, programming, etc.

    As an example, developers have started using generative AI applications like Google Bard to write code since these tools can serve as a developer console and remote programming interface.

    Quick test: copy the following query into ChatGPT or Bard and observe the result.

    “I want you to act as a javascript console. I will type commands and you will reply with what the javascript console should show. Only reply with the terminal output inside one unique code block, and nothing else. do not write explanations. do not type commands unless I instruct you to do so. When I need to tell you something in English, I will do so by putting text inside curly brackets {like this}. My first command is console.log(“Hello World”);”

    Source: Awesome ChatGPT prompts

     Generating queries

    If you’re a beginner to using generative AI applications, the query above may seem strange with how detailed it is.

    It is on this assumption I would like to give you the following tip for creating useful queries if you intend to use applications like ChatGPT and Bard for work or fun.

      1. Do not give it vague instructions.
      1. Bind every prompt with a clear constraint
      1. Iterate over your constraints often

    Since learning how to create effective queries can be crucial to how productive you are with these tools, I go over all of these points in full detail in articles on this blog on how to create ChatGPT queries. Search for them and read them.

    The current generative AI landscape

    As you might have guessed, generative AI applications vary in their capabilities and the current generative AI tools offer different advantages and use cases depending on the type of business.

    Furthermore, as newer utility applications are being built by engineers in the field of computer science, more and more traditional enterprises will also begin to offer AI-powered solutions as a way to retain customers and manage or gain leads and we are already seeing this trend.

    For example, apart from the generative AI applications mentioned so far in this article all of which you can take advantage of for your business need, companies like Hubspot whose product itself is a utility service are incorporating several AI features.

     You can adapt generative AI solutions for art, music, photography, finance, journalism, etc. 

    This is to say that If you’re a business owner, you should already be looking to automate, augment humans or machines, and autonomously execute your business processes using these tools.

    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

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    We searched the internet for questions about generative AI that people are still asking, even after the success of example applications like ChatGPT. We will try to answer all of them, starting with the most important one.

    Is generative AI the future?

    Now, I understand it may not appear to you as with a lot of people why and what the ‘hype’ about generative AI is about. In fact, the goal and the long-term vision of AI enthusiasts actively researching and building layers of utility applications in the field may not be crisp yet.

    However, what is undoubtedly clear is this: artificial intelligence is due for shine, and depending on the usefulness drawn from implementing applications and research conducted around it, it could be the future.

    The ‘could’ here should be read as saying there’s a higher likelihood that widespread AI adoption becomes our collective future than otherwise.

    Generative AI overhyped ? Read this before

    Gartner’s partners in a recent report on the subject matter, shared same sentiment:

    “Gartner sees generative AI becoming a general-purpose technology with an impact similar to that of the steam engine, electricity, and the internet. The hype will subside as the reality of implementation sets in, but the impact of generative AI will grow as people and enterprises discover more innovative applications for the technology in daily work and life.”

    You may be wondering what, if any, is the distinction between AI and generative AI. Or perhaps, you’re just a bit more curious as to what to look forward to now that you know how the future might look with these artificial intelligence applications.

    If this describes you, then you may want to continue to the next section of this guide to gain an understanding of what generative AI is.

     

    What’s generative AI 

    To truly understand generative AI, we first need to look at the larger artificial intelligence field of computer science discipline.

    Artificial intelligence is subdivided into six implementation fields: machine learning, vision, hearing, natural language processing, robotics, and expert systems. In the field of artificial intelligence, generative AI is a concept where several computer science techniques are used to create new data from existing datasets in the machine learning subfield.

    When generative AI started

    ChatGPT, a chatbot that reads and responds to human queries with text that seems like it was written by another human, became popular in late 2022 when it was launched.

    Another thing to note is that there are other implementations of the concept of generative AI.

    MusicLM generates new and never-before-heard sound or music from an existing database of music with human input.

    OpenAI’s DALL·E application generates images based on user-provided text queries and from an existing database of images that it was trained on.

    Generative AI benefits

    As evident in the quote from Gartner above the idea behind generative AI is to enable new forms of expression, and innovative problem-solving, as well as to augment human capabilities since for example as we just discussed, generative AI can help create new content, such as music, art, literature, and games; design new products, such as drugs, materials, and chips; and generate realistic simulations, such as virtual environments, scenarios, and characters from trained data.

    How it works

    In one of the articles on our blog about ChatGPT, I detailed how generative AI works and mentioned in particular what gave birth to the rise in popularity of the concept as observed by David Gewirtz.

    The sudden success of generative AI applications and the massive popularity of the concept are due to the breakthrough in the training approach for these applications.

    Generally speaking, AI applications use either supervised or unsupervised learning to pre-train.

    According to David, most AI projects up until the current crop of generative AI systems like ChatGPT used the supervised approach but this meant that the developers working on these applications would have to preempt all the questions that would ever be asked to the system which means there’s no way that an application like ChatGPT could have been trained with a supervised model.

    Instead, ChatGPT and the current crop of generative AI applications use non-supervised pre-training and this was the game changer.

    In simple terms, current generative AI applications work by adopting a non-supervised training approach which means that they’re built in a way that lets them understand and learn from data by uncovering patterns in the underlying structure of the data that they were given to train on before launch.

    How generative AI is changing creative work

    Several utility applications use the concept of generative AI, such as ChatGPT.

    A program built in the same way can generate knowledgeable replies to any kind of query, such as writing a letter or a play, from the data it was trained on.

    As an example of how utilizing generative AI applications has helped creative businesses and their owners, read this antidote by Dickie Bush.

     

    Source

    Using generative AI to write code

    But the sales and marketing industry is not the only industry in which generative AI is changing.

    For instance, there have been reports of how generative AI is helping in healthcare, music, programming, etc.

    As an example, developers have started using generative AI applications like Google Bard to write code since these tools can serve as a developer console and remote programming interface.

    Quick test: copy the following query into ChatGPT or Bard and observe the result.

    “I want you to act as a javascript console. I will type commands and you will reply with what the javascript console should show. Only reply with the terminal output inside one unique code block, and nothing else. do not write explanations. do not type commands unless I instruct you to do so. When I need to tell you something in English, I will do so by putting text inside curly brackets {like this}. My first command is console.log(“Hello World”);”

    Source: Awesome ChatGPT prompts

     Generating queries

    If you’re a beginner to using generative AI applications, the query above may seem strange with how detailed it is.

    It is on this assumption I would like to give you the following tip for creating useful queries if you intend to use applications like ChatGPT and Bard for work or fun.

      1. Do not give it vague instructions.
      1. Bind every prompt with a clear constraint
      1. Iterate over your constraints often

    Since learning how to create effective queries can be crucial to how productive you are with these tools, I go over all of these points in full detail in articles on this blog on how to create ChatGPT queries. Search for them and read them.

    The current generative AI landscape

    As you might have guessed, generative AI applications vary in their capabilities and the current generative AI tools offer different advantages and use cases depending on the type of business.

    Furthermore, as newer utility applications are being built by engineers in the field of computer science, more and more traditional enterprises will also begin to offer AI-powered solutions as a way to retain customers and manage or gain leads and we are already seeing this trend.

    For example, apart from the generative AI applications mentioned so far in this article all of which you can take advantage of for your business need, companies like Hubspot whose product itself is a utility service are incorporating several AI features.

     You can adapt generative AI solutions for art, music, photography, finance, journalism, etc. 

    This is to say that If you’re a business owner, you should already be looking to automate, augment humans or machines, and autonomously execute your business processes using these tools.

    The benefit of the adoption of generative AI tools such as ChatGPT for business processes is a marked increase in productivity and operational efficiency that could mean a difference in your company’s continued survival.

    Generative AI use cases

    Moving on to use cases for generative ai tools, you probably have an intuition of how and where these tools can be helpful in your company.

    Where generative AI tools can be used varies and the specifics of how beneficial available tools will be for your business operations depend on your use case however as long as you remain realistic in your expectations and connect your usage of these tools to measurable KPIs you’ll undoubtedly achieve notable success.

    Generative AI certification and courses

    In addition, If you are a business owner who would like to go the extra mile to understand how the subject matter works, taking a course or two about generative ai is a good thing to do.

    Currently, Google offers the most compact course on generative AI with its other training resources here or on Coursera titled Introduction to Generative AI.

     

    Books and other resources

    If books are what you prefer, the two I recommend are Impromptu: Amplifying Our Humanity Through AI by Reid Hoffman, and The Master Algorithm by Pedro Domingos.

    Impromptu: Amplifying Our Humanity Through AI, a book written with GPT-4, the newer, more powerful version of ChatGPT. This was GPT-4 first created book. Hoffman said this in a LinkedIn post announcing his work earlier this month: “With GPT-4, I traveled through light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries,” he wrote. “The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring.”

    The Master Algorithm by Pedro Domingos on the other hand takes on an ambitious task. The book starts by giving readers a look into the five major schools of thought in machine learning. He also took readers behind the scenes of the learning models that power tech giants like Google and Amazon. Ultimately, he elucidates what the invention of a “master algorithm” — a learning algorithm that is capable of discovering any knowledge from data — will mean for both business and society at large.

    You can also search and read OpenAI’s research paper on ChatGPT to gain insight into how generative AI works and its overall goal.

     

    Will it replace humans?

    No, it’s unlikely to. We discussed this in detail in an article in our blog and also made suggestions on what to do and how to react to the changes that AI tools are inspiring.

    That said, the future of generative AI is likely to be niche and specialized, with applications in various industries such as creative content, content improvement, synthetic data, generative engineering, and generative design. Generative AI will also become more advanced and sophisticated, producing more complex and nuanced outputs.

     

    Generative AI has an intellectual property problem

    Another important thing to know is that the legal implications of using generative AI to create new forms of content are still unclear, particularly concerning intellectual property rights.

    Using generative AI tools for content creation poses several challenges and questions for intellectual property rights, such as:

     

      • Who owns the content that generative AI creates? Is it the developer of the AI system, the user of the AI system, the original creator of the data used to train the AI system, or the AI system itself?
      • Does generative AI infringe on the intellectual property rights of others? For example, does using copyrighted material to train generative AI without a license constitute infringement? Does generating content that is similar or identical to existing works violate the rights of the original creators?
      • How can we enforce and protect intellectual property rights in the era of generative AI? For example, how can owners of generative AI content prove their ownership and prevent unauthorized use or copying? How can creators of original works detect and challenge generative AI infringement?

    These issues are not only theoretical but also practical. There are already cases and disputes involving generative AI and intellectual property rights in various domains, such as art, music, literature, and science.

     

    When can you call your company an AI company?

    Nonetheless, for entrepreneurs who aim to leverage the publicity that AI business gets these days, there’s a need to infuse AI into your business process before you can take advantage of the tag.

    Examples of ways companies have used artificial intelligence to improve their products, services, or operations include:

     

      1. Companies such as Netflix, Spotify, and Amazon use AI-powered recommendation algorithms to personalize their offerings.
      1. Companies such as Apple, Google, and Facebook have AI-powered digital personal assistants or chatbots to interact with customers.
      1. Companies such as Grammarly, Phrasee, and Persado use AI to create marketing content.
      1. Companies such as Google Translate, Microsoft Translator, and DeepL use AI to translate languages.

     

      1. Companies such as x.ai, Clara, and Calendly all use AI to schedule meetings hence they are an ‘AI company’.

     

    Marketing and Hosting a generative AI product

    The artificial intelligence marketplace, projected to grow by 20.1% annually between 2022 and 2029, will be reaching $1.4 trillion. Businesses should market their products with AI-enhanced universal selling points, rather than marketing their products as only AI products. In other words, businesses should focus on how AI enhances the product, rather than simply stating that the product uses AI.

    Moving on to hosting; generative AI applications are hosted in much the same ways traditional software applications are. One important point to note though is that sometimes the hardware of servers that hosts the language model that other AI applications use as a framework are usually reconfigured with high end processors such as the one discussed in this interview.

     

    Conclusion

    As we close the chapter on this guide, I hope that it serves as a piece of important information to help you make an informed decision on what generative AI is as well as help you determine whether to continue treating AI as a new but legitimate part of our existence or just a quick fad.

    I wrote this article to help you understand the changes AI is bringing to our world and how it affects you and your business. I hope it meets your needs.

    If you find it helpful, you’ll most likely find our founder’s guide to software outsourcing helpful too.

    Also, take a look at other helpful articles about outsourcing on our blog website and reach out to our team for free consultation if you’re presently in search of an agency to develop your AI solution.

     

    [/vc_column_text]

    [/vc_column][/vc_row]

    Need to scale your software development efforts?

    Download our SMART Framework Guide