Overview of Generative AI

Generative AI is a technology that generates content such as text, images, and videos based on user prompts. The AI models, like chat GPT, are trained on massive amounts of data from the internet. This technology has the potential to transform industries like drug discovery, marketing creatives, and the creation of synthetic data. However, there are concerns about bias in the data and the potential risks of deepfakes and voice phishing. The market leaders in AI include companies like Nvidia, Microsoft, Amazon, Baidu, Alibaba, and Tencent. While generative AI has the potential for significant economic impact, its full capabilities and implications are still being explored.