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Generative AI ChatGPT Is Going To Be Everywhere Once The API Portal Gets Soon Opened, Stupefying AI Ethics And AI Law

January 22, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Release the Kraken! You are undoubtedly familiar with that famous catchphrase as especially uttered by actor Liam Neeson in The Clash of the Titans when he commands that the legendary sea monster be released, aiming to wreak immense havoc and outsized destruction. The line has been endlessly repeated and spawned all manner of memes. Despite the various parodies, most people still at least viscerally sense that the remark foretells something of a shadowy and dangerous emergence is about to be unleashed. Perhaps the same sentiment can be applied these days to Artificial Intelligence (AI). Allow me to elaborate. A recent announcement indicated that a now resoundingly famous AI app called ChatGPT made by the organization OpenAI is soon going to be made available for access by other programs. This is big news. I say this even though little of the regular media has picked up on the pronouncement. Other than fleeting … [Read more...] about Generative AI ChatGPT Is Going To Be Everywhere Once The API Portal Gets Soon Opened, Stupefying AI Ethics And AI Law

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Does Exposing And Logging Those Generative AI ChatGPT Erroneous And Hallucinatory Outputs Do Any Good, Asks AI Ethics And AI Law

January 18, 2023 by www.forbes.com

Share to Twitter Share to Linkedin You are in for a secret. Yes, there’s something surreptitiously going on behind the scenes about the latest in AI that you might want to know about. In today’s column, I’ll be examining the recent impetus to compile alleged errors and other maladies associated with the outputted essays from an AI app known as ChatGPT. This particular app is utilizing a type of AI called Generative AI . You’ve probably heard or seen eye-catching headlines about generative-based AI and ChatGPT. The news is agog over this specific AI app and the seemingly astonishing capabilities pertaining to this type of AI. As I’ll be covering in a moment, some believe strongly that we need to establish a list of what kinds of mistakes or errors the AI app can produce when it generates an essay for you. Others suggest that though the notion of such a list is admirable, it is an exercise in futility and will bear very little fruit. We will be … [Read more...] about Does Exposing And Logging Those Generative AI ChatGPT Erroneous And Hallucinatory Outputs Do Any Good, Asks AI Ethics And AI Law

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Can The Generative AI ChatGPT Brand Keep Going Strong Or Will It Fizzle Out, Asks AI Ethics And AI Law

January 24, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Being able to catch lightning in a bottle is quite an extraordinary feat. Whether you can keep that shining flash of lightning and avert letting it chronically dissipate is a whole other question of immense importance and grand consideration. In today’s column, I am going to examine how the out-of-nowhere brand known as ChatGPT has become an overnight success. It is like a bolt of lightning captured in a bottle. To clarify, ChatGPT is the name of an AI app that is made by a company called OpenAI. You have undoubtedly heard about ChatGPT since it has garnered outsized banner headlines and seems to be on the lips of nearly anyone thinking about our future and AI. Though most AI insiders consider ChatGPT to be just another AI app, albeit an interesting and possibly even outstanding example of a type of AI known as Generative AI , they tend to be amazed and simultaneously exasperated at how this particular app has … [Read more...] about Can The Generative AI ChatGPT Brand Keep Going Strong Or Will It Fizzle Out, Asks AI Ethics And AI Law

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6 Types Of AI And What They Can Do For Your Business

January 13, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Tyler Weitzman, cofounder, President and Head of AI at Speechify . AI is slowly taking over the world. Drones are delivering food, vacuums are cleaning homes on auto-pilot, virtual assistants are initiating calls and art is being assembled by bots. AI is being used more frequently in product development, marketing, customer service and more. In the coming decade, I believe AI will completely change how we do business. Based on my experience as Head of AI at my company, here are six highly-functional forms of AI. When implemented the right way, they can yield incredible results for your business. 1. Smart Products Smart products have almost replaced old-school home devices. From television and gaming consoles to thermostats and lightbulbs, these integrated devices make people’s lives easier and more accessible. Increasingly, these devices are able to leverage large language models and accurate human speech … [Read more...] about 6 Types Of AI And What They Can Do For Your Business

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Wendy’s Cooks Up New Experiences With AI, Cloud And Edge Computing

January 12, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Consumer behavior changed during the pandemic. Many of these changes were permanent and the market continues to evolve. Companies with customer-facing physical storefronts must blend digital and physical design to create leading customer experiences. Almost every organization embraced digital transformation to meet changing marketing demands. Today, The Wendy’s Company (Wendy's), provides an example of how market leaders are focusing on digital acceleration. In 1969, Dave Thomas opened his first Wendy’s restaurant in Columbus, Ohio. Today, the quick-service chain and its franchisees employ hundreds of thousands of people across approximately 7,000 restaurants worldwide. Wendy’s was primarily a dining room and a drive-thru business until 2019. The COVID lockdowns forced Wendy’s, and many other companies, to embrace delivery services. The real question is what’s next for the industry? In August of 2022, Wendy's announced … [Read more...] about Wendy’s Cooks Up New Experiences With AI, Cloud And Edge Computing

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Generative AI: The New Frontier For VC Investment

January 17, 2023 by www.forbes.com

Share to Twitter Share to Linkedin By Clarke Pennington Is Generative Artificial Intelligence the next watering hole for Venture Funds? According to Pitchbook, Venture Capitalists have increased investment in Generative AI by 425% since 2020 to $2.1bn . AI-generated portraits and prompted text-generation responses are proliferating social media with everyone from Gen Z to Boomers clamoring to experiment with newly unveiled artificial intelligence applications. Lensa’s new “Magic Avatars” feature launched in late November followed by ChatGPT’s debut on November 30th. Less than one week later, ChatGPT crossed 1 million users, according to a tweet by CEO, Sam Altman. Consumer interest in AI-generated text and images and user adoption are some of the developments driving Generative AI organizations to fine-tune their models to make better predictions. Generative AI models leverage artificial intelligence technologies to create entirely new … [Read more...] about Generative AI: The New Frontier For VC Investment

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ChatGPT And AI Will Fuel New EdTech Boom

January 18, 2023 by www.forbes.com

Venture capitalists predict artificial intelligence, virtual reality and video-learning startups will dominate the space in 2023. T he Covid-19 pandemic may not truly be over, but the boom it spawned in online learning and tutoring startups sure is. Now, with kids back in classrooms and venture capital funding for edtech down near pre-pandemic levels, entrepreneurs and venture capitalists have turned their attention to virtual reality, short form video and, first and foremost, artificial intelligence. “Investors are going gaga over artificial intelligence,” says Tony Wan, head of platform at Reach Capital, a VC and private equity firm that invests in dozens of edtech companies. The education industry has been flirting with AI for half a dozen years, he notes, but suddenly, the relationship has turned serious. “Every business in ed tech—if it’s not an AI business—needs to have an AI component,” echoes Michael Moe, founder and CEO of GSV Holdings, a VC firm focused on … [Read more...] about ChatGPT And AI Will Fuel New EdTech Boom

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Amazon Wants To Help Community Colleges, HBCUs Teach AI

January 20, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Amazon has launched an “educator enablement” program to help instructors at community colleges, HBCUs, and other minority-serving institutions learn and teach AI. A recent report from the Burning Glass Institute, Wiley, and the Business-Higher Education Forum is the latest study to affirm the value of the AI skillset in the job market. Yet, quality AI education is still out of reach for many students who don’t attend selective research universities including many Black and Latino/a students. Additionally, the colleges that do enroll large proportions of these students–HBCUs and community colleges–receive two to five times less public and private funding compared to the most selective public and private research universities where white and Asian students are concentrated. While employers are increasingly dropping degree requirements for entry-level roles and exploring skills-based hiring, the reality is that … [Read more...] about Amazon Wants To Help Community Colleges, HBCUs Teach AI

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How Transformative Will Generative AI And Other Tools Be For The Legal Industry?

January 23, 2023 by www.forbes.com

Share to Twitter Share to Linkedin As the legal industry continues to evolve at a rapid pace, it's becoming increasingly clear that generative AI will play a transformative role in how legal services are delivered. From streamlining the contract review process to automating document discovery, generative AI is already being used to improve efficiency and reduce costs in the legal profession. However, this is just the tip of the iceberg when it comes to the potential impact of this technology. As AI continues to advance, it has the potential to revolutionize the way lawyers work and fundamentally change the legal landscape. Those are not my words; they are ChatGPT ’s response to the prompt: Write the opening paragraph for an article about how transformative generative AI will be for the legal industry in the style of Mark A. Cohen, Forbes Contributor . ChatGPT’s answer was rendered in seconds, but it’s impact will linger for a long time. No doubt, … [Read more...] about How Transformative Will Generative AI And Other Tools Be For The Legal Industry?

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A New Survey Finds Increasing Business Impact Of Data And AI Executives

January 2, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Data is eating the world. Or as Tom Davenport and Randy Bean write in their forward to a just-published survey , “Data, and the ability to make sense of it, has been one of the greatest drivers of innovation in both business and society in recent decades, and a primary driver of economic success in the 21st century.” The 11th annual survey of Chief Data Officers (CDOs) and Chief Data and Analytics Officers (CDAOs), conducted by NewVantage Partners, A Wavestone Company, collected data from 116 Fortune 1000 companies and large organizations, with 84.6% of survey respondents holding the Chief Data or Chief Data and Analytics Officer title. This figure is up 10% from last year’s survey and nearly 20% in five years, reflecting the continued growth and adoption of the CDO/CDAO role across organizations and industries. When the survey was first conducted in 2012, only 12% of the organizations surveyed had appointed a CDO/CDAO. … [Read more...] about A New Survey Finds Increasing Business Impact Of Data And AI Executives

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