PUBLISHER: Mind Commerce | PRODUCT CODE: 1415538
PUBLISHER: Mind Commerce | PRODUCT CODE: 1415538
This report assesses the anticipated impact of the generative AI market in various areas including ChatGPT in embedded consumer devices, IoT systems, software and general-purpose platforms. The report discusses the inherent relation of generative AI with AGI, ASI, and strong AI, the impact of enabling technology like 5G, Industry 4.0, MEC, self-driven network, and others, the potential implication and use cases in different industry verticals.
Generative AI is a type of artificial intelligence that is capable of generating new and original data or content, such as images, music, or text. Unlike other types of AI, which are designed to recognize and classify existing data, generative AI uses algorithms to create new data that did not previously exist. This is done by analyzing patterns and relationships within the data and generating new content based on those patterns.
The technology is advancing rapidly, with new models and architectures being developed to improve the quality and diversity of generated content. The technology like GANs, transformers, and VAEs, which allowed for more realistic and complex generative models. However, challenges still existed in areas such as data privacy and bias, which needed to be addressed to ensure ethical and fair use of the technology.
The market is driven by the increasing need for automation and the growing adoption of generative AI in various industries. Additionally, the rise of deep learning algorithms and the availability of large datasets have also fueled market growth.
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