Generative AI
Generative AI refers to a class of artificial intelligence algorithms that have the ability to autonomously produce new, original content resembling human-created data.
This technology has the ability to create text, images, audio and video, enabling the rapid generation of innovative, diverse, and contextually relevant content.
Why do you need to assess use Generative AI in your business
Businesses should consider utilising generative AI for its remarkable ability to enhance creativity, efficiency, and innovation. Generative AI can automate the generation of diverse content, such as text, images, video, and audio, saving considerable time and resources in content creation. It fosters creativity by providing a rich base for brainstorming and ideation, sparking new ideas and approaches.
Application areas for Generative AI
There are various use cases for generative AI including:
- Content creation: Generative AI has revolutionised content creation, enabling non-experts to generate relatively good content. Use cases include the generation of marketing copy, blog posts, social media updates or email marketing campaigns.
- Product innovation: With generative AI, users can increase their creativity and generate novel ideas for products that they may not have thought of.
- Customer service: Generative AI can be leveraged for enhanced conversational AI where bots can generate responses to customer enquiries, enhancing the efficiency of customer service operations.