What is generative AI and its use cases? - Information Age

Generative AI is the is a technological marvel destined to change the way we work, but what does it do and what are its use cases for CTOs? Where better to start than with a definition straight from the horse's mouth? ChatGPT-4, from Microsoft-backed OpenAI, describes generative AI as "…a type of artificial intelligence that involves training algorithms to generate new content based on a given set of parameters or data. This technology has been used in a variety of fields, from image and video generation to natural language processing and music creation". Apart from being endearingly modest, generative AI also has the potential to transform economies.