In the wake of newly released models such as Stable Diffusion and ChatGPT, generative AI has become a ‘hot topic’ for technologists, investors, policymakers and for society at large.
As the name suggests, generative AI produces or generates text, images, music, speech, code or video. Generative AI is not a new concept, and machine-learning techniques behind generative AI have evolved over the past decade. Deep learning and General Adversarial Network (GAN) approaches have typically been used, but the latest approach is transformers.
Generative AI – a game-changer society needs to be ready for | World Economic Forum (weforum.org)