Are Generative AI Tools Like ChatGPT Paving a Way to Golden age?

Generative AI is definitely making things easier for us, and doing so, is it leading us to something great!

Artificial Intelligence is everywhere. And undoubtedly, it could be said that Generative AI and Generative AI tools like ChatGpt and Dall-E are definitely making the world easier. AI systems are speeding up things for us humans and we cannot be more thankful.

The technology known as generative AI allows users to produce new text, audio, or visual output using pre-existing materials. With generative AI, computers can identify the underlying pattern in the input and generate material that is comparable to it.

The game of artificial intelligence is evolving thanks to generative AI and other foundation models, which are also speeding up application development and giving non-technical people access to significant capabilities. This most recent generation of generative AI systems has been developed using foundation models, which are gigantic, deep learning models that have been trained on extremely big, diverse, unstructured data sets (such text and images) that span a wide range of themes. With little fine-tuning needed for each activity, developers may adjust the models for a wide range of application scenarios.

During his four-day visit to India, Nadella spoke at the Microsoft Future Ready Leadership Summit in Mumbai about six "digital imperatives" that businesses must address right away. He also emphasised the importance of technologies and applications that are created natively for cloud platforms for contemporary businesses. Along with Amazon Web Services (AWS) and Google Cloud, Microsoft's Azure suite of services is considered one of the top three cloud computing platforms worldwide. Nadella stressed to the Mumbai audience that Microsoft is making significant investments to create cloud infrastructure, including a new cloud and data centre infrastructure in Hyderabad.

As a result, Microsoft currently operates more than 200 data centres worldwide and more than 60 cloud regions. According to Satya Nadella, chairman and CEO of Microsoft Corp., reasoning engines or huge language model-based artificial intelligence technologies like OpenAI's Dall-E and ChatGPT would progressively play significant roles in the future of work. While generative AI is not adequately deployed in education, other technologies like conversational AI and robotic process automation (RPA) are. Despite this, there are ways to make it better. The top 6 potential applications of generative AI in education are discussed in this article. Therefore, generative AI can aid in the creation of course content, course design, and personalised lessons when it comes to education. Not only that, but 2023 is expected to be one of the most exciting years for AI yet because to generative AI.

But as with any new technology, business leaders must proceed cautiously because current technology poses numerous moral and practical difficulties. Therefore, one is left in awe at all the greatness still to come as a result of these wonders of Generative AI.