Global AI investment is set to approach $200 billion by 2025. Businesses are already using AI in a variety of ways.
From AI reporting and intelligent automation, to the application of machine learning in business intelligence, new AI applications are emerging all the time.
Some current and future use cases of generative AI include :
Code generation and verification
•Data discovery
•Synthetic data production
•Content summarization and classification
•Image and video generation
•Customer service chatbot improvement
•Written content augmentation.
ChatGPT was originally a unimodal AI, using only text-based data from natural language processing . Now it has three multimodal features that allow image uploads as prompts, voice prompts, and AI-generated voice responses.
Multimodal AI Use cases:
1.Robotics
2.Healthcare
3.Security
Elements of an explainable AI strategy:
•Traceability
•Prediction accuracy
•Decision understanding,
The year 2024 promises to be a pivotal chapter in the AI narrative, where technology transcends boundaries, solves complex challenges, and ushers in a new era of possibilities.
Low-Code And No-Code Software Engineering: This may very well turn out to be correct, as generative AI tools like ChatGPT allow anyone to create and test applications in a matter of minutes
