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Generative AI: hype, or truly transformative?

Goldman Sachs Exchanges

CHAPTER

The Rise of Software 3.0

Unlike previous iterations of AI technology, generative AI doesn't require humans to write code or collect large amounts of training data. The foundational models that lie at the heart of generative AI have already been trained on large data sets and can handle a wide variety of tasks with natural language prompts. Guo says this is ushering in an era of software 3.0.

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