Moonshots with Peter Diamandis cover image

How AI Will Change Business Forever w/ Salim Ismail | EP #46

Moonshots with Peter Diamandis

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Using generative AI to understand and utilize patents

Generative AI can be used to make patents understandable by translating them into plain English. This allows for easier comprehension and analysis of patents. Additionally, generative AI can be used to identify the meaning of a patent by inputting the patent number and generating a concise explanation. In a workshop, a woman used generative AI to explore how two patents could be combined to transform her company. This showcases the ability of generative AI to generate innovative ideas and provide valuable insights. The potential of generative AI in the patent domain is exemplified by the concept of building an incubator on top of a large patent portfolio, such as that of IBM, with the assistance of generative AI.

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