Showing posts from March, 2024

The Rise of Generative AI: A Game Changer in Various Industries

This blog discusses the term "artificial intelligence" (AI), its evolution, and its impacts on various markets. The term was first coined in 1955, and over the years, AI has grown to have significant influence in different sectors. For instance, there has been a decrease in writing, customer service, and translation jobs due to AI. However, fields like web designing and video editing have increased demand. In the stock market, companies showing potential benefits from AI have seen growth, like NVIDIA, SAP, Microsoft, and Salesforce.   The blog also discusses GPT (Generative Pre-training Transformer) and how it reached 100 million users in just two months. The blog states that the growth of AI contributes significantly to global GDP due to increased efficiency in different work processes.   The evolution of AI runs parallel with the growth of data and computing power. The emergence of the internet in the early 70s and its transition from Web 2.0, where individuals create t