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Business leaders must recognize that artificial intelligence encompasses more than just large language models (LLMs) like ChatGPT. While many executives mistakenly equate AI solely with specific tools, a broader understanding is necessary for effective utilization. AI is a collection of techniques capable of learning and applying knowledge, which extends beyond generative models to include traditional machine learning methods. Recognizing these distinctions helps leaders understand the multifaceted opportunities AI presents in addressing complex business challenges.