Generative AI Introduction
Generative Artificial Intelligence, like Large Language Models (LLMs), are a new form of generative AI technology that helps humans collaborate with an Artificial Intelligence to create & refine ideas through text and speech. The most widespread usage are chat back-and-forth experiences like OpenAI’s ChatGPT.
Common use cases:
- Writing & Creating Content: generating high-quality copy & content for blogs, social media, and marketing materials.
- Innovation and Problem Solving: generating creative ideas and solutions in collaborative brainstorming sessions.
- Strategy & Process: support human decision making by using AI to act as a niche specialist to help work through a particular strategy or process. Example: I have this decision to make that involves constraints X,Y, & Z. Can you help me think through my options?
Rapid Pace of Evolution
The general public started broadly interacting with Generative AI when OpenAI launched the first version of ChatGPT on November 30, 2022. Since then, Generative AI technologies have been advancing RAPIDLY. Improvements that previously have taken years are happening within months and weeks!
To prove this point visually, let’s look at Midjourney, which is an AI-powered image generator using LLM AI models. It debuted with V1 in March 2022. Have a look at the rate of improvement over six upgrades over the next 1.5 years, which significantly enhanced its ability to produce realistic images.
All Generative AI tools are all rapidly advancing at this pace! It’s just easiest to understand through this visual representation.
- AI writing tools are becoming more adept at crafting compelling content
- Speech, voice, & music generation AI are sounding increasingly realistic
- AI tools integrated into our favorite business programs are becoming more intuitive and user-friendly
Integrate AI Tools Now To Benefit From Future Advancements
Prioritizing learning and utilizing today’s Generative AI Tooling in your business will help you take advantage of this new powerful wave of technology AND take advantage of future advancements.
AIMentor’s motivation is to support your Small Business in learning & using these new Generative AI tools in your business operations & processes. AI tools can help automate the drudgery and support you doing more of your business’ work that you are passionate about, focusing on work that inspires & invigorates you.
AIMentor helps start your business on the journey of applying AI responsibly & with integrity.
Thought Leaders on AI
“… we have entered a new age of AI that will fundamentally transform productivity for every individual, organization, and industry on earth, and help us address some of our most pressing challenges.”
Satya Nadella, CEO Of Microsoft
Oct 2023 Annual Letter
“AI will continue to get way more capable” and will become ubiquitous as time goes on, he said. “People are using it to create amazing things. If we could see what each of us can do 10 or 20 years in the future, it would astonish us today.”
Sam Altman, CEO of OpenAI
May 2024 talk with MIT MIT Sloan School of Management
“Every technology shift is an opportunity to advance scientific discovery, accelerate human progress, and improve lives. I believe the transition we are seeing right now with AI will be the most profound in our lifetimes, far bigger than the shift to mobile or to the web before it. AI has the potential to create opportunities — from the everyday to the extraordinary — for people everywhere. It will bring new waves of innovation and economic progress and drive knowledge, learning, creativity and productivity on a scale we haven’t seen before.”
Sundar Pichai, CEO of Google and Alphabet
Dec 2023 Launch of Gemini LLM Models.
Business Responsible AI Use
You may be thinking: “What’s the catch”? Like every tool & technology, Generative AI should be used thoughtfully & responsibly. Starting out, AI should be used as a complement to human intelligence and expertise, not as a replacement.
These Generative AI tools, like LLMs, also aren’t perfect. Due to their core operating fundamentals Generative AI tools sometimes make up information and make mistakes, which is often referred to as hallucinating. This can manifest in various forms, such as making up facts, misrepresenting information, or creating entirely fictional scenarios.
Like we all learned in the 90s: “Don’t trust everything you read on the internet” we can apply this to our Generative AI era: “Don’t trust everything an AI tells you, verify!”.
Continue on to AIMentor’s Responsible AI Use Guidelines to learn specifics on how your business can wield AI.
Legal
Microsoft is a trademark of the Microsoft group of companies. OpenAI is a trademark of OpenAI, Inc. Google & Alphabet are trademarks of Alphabet Inc. Midjourney is a trademark of Midjourney, Inc. MIT Sloan School of Management is a trademark of MASSACHUSETTS INSTITUTE OF TECHNOLOGY. AIMentor LLC is an independent and separate entity from Microsoft, OpenAI, Google, Alphabet, Midjourney, & MIT. We are not affiliated, endorsed, or sponsored by Microsoft, OpenAI, Google, Alphabet, Midjourney, or MIT in any way. Any reference to Microsoft, OpenAI, Google, Alphabet, Midjourney, or MIT on our website, products, or marketing materials is for informational purposes only and does not imply any official connection or endorsement by Microsoft, OpenAI, Google, Alphabet, Midjourney, or MIT.