It’s clear that generative artificial intelligence (AI) is set to become one of the most important technologies in history. It has accelerated innovation, significantly augmented human creativity and productivity, and is reshaping industries. By 2027, more than 50% of generative AI models organizations use will be specific to either an industry or a business function, up from 1% in 2023.
Here we’ll dive into the five key components of this fast-growing technology, as well as some of its main challenges and opportunities.
In the coming years, organizations will continue to see new tools, rules and technological advancements in generative AI. In fact, Dataminr’s ReGenAI—a new form of generative AI—is already revamping how businesses receive real-time information to stay abreast of critical events and threats.
For more on generative AI, including its evolution and use cases in both the public and private sector, read What You Need to Know About Generative AI.