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  • Blueprints for Evaluating AI in Journalism

    'News organizations today rely on and experiment with AI tools to increase efficiency and productivity across various tasks, which has led to structural changes within the news sector. As these tools evolve, practitioners find themselves lacking comprehensive strategies for evaluating AI technologies for journalism-specific uses and norms. Readers express skepticism around journalistic uses of AI due to the potential for biases and inaccuracies. Are new generative AI models really fit for purpose when it comes to news production? Do they really lead to performance gains across a wide array of tasks encountered in news production? We propose a framework to evaluate generative AI models for journalistic use-cases, based on prior research on the topic. Such a framework can be useful for both designers and engineers when they build and test systems, and for practitioners as they select and incorporate systems into their practice. This framework and suggested evaluation metrics can also provide much-need transparency for readers. Complex, interlocking, and often unintuitive, AI systems can be difficult to evaluate. Illustration: Relativity, by M. C. Escher, 1953. How Journalism & AI Systems are Typically Evaluated Currently, there are several ways researchers evaluate an AI system. The most well-known strategies produce quantitative metrics that capture a general sense of “quality” about the AI system (e.g. HELM). These strategies tend to use a single human-validated “gold standard” dataset for a specific task and rely on automated metrics for evaluating the model on the dataset. These metrics are favored by AI researchers for their efficiency and scalability, but they often fail to transfer to real world scenarios because they only capture a fixed and decomposed notion of “quality” represented by the test dataset. Another set of strategies for evaluating AI tools is rooted in the discipline of HCI (human-computer interaction), and focuses more on the specific interactions and situated context in which an AI tool is used. To conduct these evaluations, researchers engage with a small set of users of AI tools and study how people perceive, use, and adapt new tools over a certain period of time. These studies are helpful for understanding how an AI tool performs in particular situations, but they take considerable time and resources, making it difficult to conduct evaluations of frequent AI model releases iteratively and at scale. To empower journalists and editors with the ability to efficiently and effectively evaluate and select tools to adopt into their practice, we must develop AI evaluation strategies that are both relevant to the journalism context, and adaptable to support evaluation across different types of newsrooms and practices. Laying Out the Framework Here we propose a framework to help guide evaluations of the uses of AI tools in journalism. Our framework suggests that tools be evaluated along three axes: (1) the quality of AI model outputs, based on editorial interests and goals (2) quality of interaction with AI applications, based on needs and work processes of users, and (3) ethical alignment, based on professional values and newsroom standards. We also propose that practitioners and researchers collaborate on the development of standards to evaluate these aspects of AI in the newsroom. Output Quality First, what do we mean by the quality of AI model outputs? This is an inherently complex question, because no single notion of quality exists. In evaluating text generation models, for example, researchers have used metrics such as clarity, fluency, coherence, and so on. However, text produced for journalistic use-cases (e.g., generating headlines, or producing summaries) must be evaluated on domain-specific criteria as well. For instance, potential headlines generated by an AI system might be evaluated on the specific news values that they exhibit, such as novelty, controversy, social impact, and so on. The news values of interest could vary by newsroom, and even topic area — for instance, science journalism and political reporting can have distinct news values. Another set of domain-specific criteria draws from the goals of users themselves: writers would prefer tools that support their creativity. Thus, the range and variety (and biases) of creative ideas that a model’s outputs exhibit is another potential evaluation criterion. Whether these ideas align with the news values preferred by writers themselves could also be useful to evaluate. As generative AI is scaled up to produce more and more content online, news organizations will need to confront the quality question to both evaluate their use of models, and potentially also to differentiate their content in the broader information ecosystem. News stakeholders should come together to define quality across different journalistic use-cases and contexts, in ways that matter to audiences, and then develop systematic and repeatable ways to measure that quality. Interaction Quality Beyond sophisticated AI models, modern AI systems are complex, layered pieces of software. And so, while many of the existing metrics evaluate AI model outputs, we must also consider that a large part of what constitutes the experience of using AI is the design of the user interface itself. From the chat interface of GPTs, to the Slack app for Claude, to the command line experience of using Llama, every kind of interface presents distinct interaction affordances for users. What kind of interaction affordances might journalists benefit from? What are the domain-specific criteria that we must evaluate these interaction affordances for? In open-ended tasks (i.e., where there is no single, correct answer) where people collaborate with AI to solve problems and brainstorm for ideas, researchers evaluate criteria such as ease of use, enjoyment of use, and users’ feelings of ownership over the outputs. Given the range of open-ended tasks in journalism (e.g., story discovery, brainstorming), these can be important criteria for reporters and other creatives engaged in news production as well. Based on the specifics of the task, other criteria may also emerge, e.g., AI systems that provide writing feedback to reporters may be evaluated based on the new perspectives or news angles they add to a reporter’s pieces. Over the longer-term, systems that foster personal growth and flexible use may also be more desirable. A finer understanding of the short and long-term goals of different stakeholders can support the design of such interaction metrics. And of course there are also more closed ended tasks, like the classification of a document, or copyediting of a text, for which the interaction model should support efficient supervision and quality control. Designing metrics such as these is a non-trivial challenge, one that we reiterate would be served well by drawing from reporters’ expertise (e.g., of what is a novel or appropriate angle), and researchers’ experience (of how to capture this in a measurable way), without impinging on users’ autonomy. And just as for quality dimensions above, understanding interaction quality should be context specific. Ethics Finally, on ethical alignment, there is no shortage of arguments for its importance for useful AI systems, as well as how complex it can be to actually achieve. We suggest that definitions of ethics for AI evaluation should draw from subjective and multivalent principles of journalistic practice, such as truth, independence, accountability. Evaluation practices can also be guided by the codes of conduct and style guides of different newsrooms. Once again, this is difficult for a number of reasons. AI models, especially generative AI models can produce varying and inconsistent outputs for similar prompts. How do you measure ethical alignment to any chosen value? Fine-tuned or updated versions further complicate this picture. This kind of non-determinism makes the case for iterative evaluations of AI models and applications that incorporate best practices from AI auditing. Closing Notes We started this blog post by talking about the rapid changes occurring in news production due to AI, and the reservations that exist around these technologies. We believe that developing sound evaluation frameworks can help temper hype and support well-informed reasoning about these tools, to ensure that their use really does help to fulfill the goals of journalism’s stakeholders. Who these stakeholders are and what their goals are will vary, but we hope that the framework we have proposed here can help guide such evaluation. Actualising such a framework will also necessitate that researchers and practitioners design evaluation metrics together, because AI tools need to support human communication, while being grounded in and responsive to the needs of the people they support. Easy! In a sense then, this is also a call for practitioners and researchers in the field to come together and devise evaluation strategies in this framework, or even push the limits of such a framework itself. We are also open to collaborating and building on these ideas further. Please reach out to us to share your feedback, ideas, or disgruntlement. We’d love to hear what you think about this framework, or about what it spurs you on to do.

  • UN passes first global AI resolution

    The UN General Assembly has adopted a landmark resolution on AI, aiming to promote the safe and ethical development of AI technologies worldwide. The resolution, co-sponsored by over 120 countries, was adopted unanimously by all 193 UN member states on 21 March. This marks the first time the UN has established global standards and guidelines for AI. The eight-page resolution calls for the development of “safe, secure, and trustworthy” AI systems that respect human rights and fundamental freedoms. It urges member states and stakeholders to refrain from deploying AI inconsistent with international human rights laws. Key aspects of the resolution include: Raising public awareness about AI’s benefits and risks Strengthening investments and capabilities in AI research and development Safeguarding privacy and ensuring transparency in AI systems Addressing diversity and bias issues in AI datasets and algorithms The resolution also encourages governments to develop national policies, safeguards, and standards for ethical AI development and use. It calls on UN agencies to provide technical assistance to countries in need. “The resolution adopted today lays out a comprehensive vision for how countries should respond to the opportunities and challenges of AI,” said Jake Sullivan, US National Security Advisor. “It lays out a path for international cooperation on AI, including to promote equitable access, take steps to manage the risks of AI, protect privacy, guard against misuse, prevent exacerbated bias and discrimination.” UN News: Growing international efforts to regulate AI The UN resolution follows several international efforts to regulate the rapidly growing AI industry over ethics and security concerns. The European Union recently approved the AI Act to set risk-based rules for AI across the 27-nation bloc. Investigations into potential antitrust issues around AI have also been launched against major tech companies. In the US, President Biden signed an executive order last year initiating a national AI strategy with a focus on safety and security. As AI capabilities advance, the UN resolution signals a global commitment to ensure the technology’s development aligns with ethical principles and benefits humanity as a whole. “Developed in consultation with civil society and private sector experts, the resolution squarely addresses the priorities of many developing countries, such as encouraging AI capacity building and harnessing the technology to advance sustainable development,” explained Sullivan. “Critically, the resolution makes clear that protecting human rights and fundamental freedoms must be central to the development and use of AI systems.” The full text of the UN resolution can be found here.

  • Forget the Gallery, Your Walls Will Soon Showcase GenAI's Art Masterpieces

    The realm of art is undergoing a fascinating transformation, fueled by the emergence of Generative AI (GenAI) art generation. These models are revolutionizing artistic expression by empowering individuals to explore new creative avenues and possibilities. From Brushstrokes to Algorithms: Unveiling the Power of GenAI Art GenAI art generation models possess unique capabilities: Image Creation from Text Prompts: Models like DALL-E 2 from OpenAI and Imagen from Google AI allow users to generate unique and creative images based on simple text descriptions. "AI-powered image generation is blurring the lines between human and machine creativity, opening doors for new artistic exploration," states a recent article in MIT Technology Review. (Source: MIT Technology Review) Style Transfer and Manipulation: Models like StyleGAN3 from NVIDIA enable users to transform existing images into different artistic styles, fostering experimentation and reimagination. "GenAI art tools empower artists to explore diverse styles and techniques, expanding their creative horizons," highlights a recent study by McKinsey Global Institute. (Source: McKinsey & Company) Collaborative Art Creation: Models are being explored to facilitate collaboration between humans and AI, where users can provide initial concepts and the model iteratively refines them. "AI-human collaboration in art creation has the potential to unlock new creative possibilities and redefine artistic processes," explains a recent report by the World Economic Forum. (Source: World Economic Forum) A recent survey by Boston Consulting Group (BCG) reveals that 65% of artists are interested in exploring GenAI tools to enhance their creative workflows and overcome creative block, signifying the growing interest in this technology within the art community. Beyond the Canvas: Redefining Artistic Expression GenAI art generation offers diverse applications beyond traditional art forms: Product Design: GenAI models can be used to generate initial design concepts and explore various design possibilities, accelerating product development cycles. "AI-powered design tools can help generate innovative and user-friendly product designs, leading to faster product development and market entry," states a recent article on TechCrunch. Architecture and Urban Planning: Models can be used to visualize and evaluate different architectural and urban planning concepts, facilitating informed decision-making. "GenAI tools can support architects and urban planners in exploring diverse design options and assessing their potential impact," explains a recent research paper published in Nature. Film and Animation: GenAI models can assist in generating concept art, storyboarding, and even creating special effects, contributing to the film and animation production process. "AI has the potential to streamline various aspects of film and animation production, allowing for more efficient and creative workflows," highlights a recent report by Accenture. A report by MarketsandMarkets predicts that the global market for AI-powered design software will reach USD 12.3 billion by 2027, highlighting the significant commercial potential of GenAI in various creative industries beyond traditional art forms. Navigating the Artistic Landscape: Embracing Ethical Considerations As GenAI art generation continues to evolve, ethical considerations remain paramount: Artistry and Originality: Defining the role of the artist and ensuring that AI-generated art is acknowledged and valued appropriately is crucial. Fostering ethical considerations and respecting artistic ownership is essential. Bias and Fairness: It's vital to be mindful of potential biases in the data used to train GenAI models to ensure they produce inclusive and diverse outputs. Mitigating bias throughout development and deployment stages is essential for responsible use. Copyright and Intellectual Property: Establishing clear guidelines regarding copyright and intellectual property ownership of AI-generated art is necessary. Addressing these concerns is crucial for protecting the rights of artists and fostering innovation. By prioritizing ethical considerations, we can ensure that GenAI art generation contributes positively to the artistic landscape and empowers creative expression responsibly. GenAI Art: Can You Tell the Difference? AI Generates Art So Real, It'll Blow Your Mind GenAI art generation is not about replacing artists, but rather about providing them with new tools and avenues for exploration. As this technology continues to evolve, it has the potential to democratize art creation, foster collaboration, and redefine artistic expression in the future. The question remains: How can we leverage GenAI art generation to enhance creativity, ensure ethical considerations, and shape a future where humans and AI collaborate to create new artistic experiences? Follow TheGen.ai for Generative AI news, trends, startup stories, and more.

  • Forget Crystal Balls, AI Now Reads the Future: How GenAI is Revolutionizing Consulting

    The consulting industry is undergoing a transformative shift, fueled by the emergence of Generative AI (GenAI) models. These models offer unique capabilities that empower consultants to work faster, smarter, and deliver more impactful solutions for clients. Let's delve into how GenAI is revolutionizing the consulting landscape. From Data Deluge to Insights: Supercharging Data Analysis GenAI models excel at data analysis, empowering consultants in several ways: Automated Data Processing: Models can handle large and complex datasets, extracting valuable insights and identifying hidden patterns that might be missed by traditional methods. "GenAI tools can significantly reduce the time spent on data preparation and analysis, allowing consultants to focus on higher-value tasks," states a recent article in Harvard Business Review. Scenario Modeling and Prediction: GenAI models can simulate various future scenarios based on existing data, allowing consultants to assess potential risks and opportunities for clients. "AI-powered scenario modeling helps businesses anticipate future trends and make informed strategic decisions," explains a recent research paper published in Nature. Generating Data-Driven Recommendations: By analyzing client data and industry trends, GenAI models can generate personalized recommendations and support the development of data-driven strategies for clients. "Leveraging GenAI for data analysis and insights allows consultants to provide clients with actionable and evidence-based recommendations," highlights a recent report by Accenture. A recent survey by Deloitte reveals that 75% of senior consultants believe GenAI will play a significant role in improving the efficiency and effectiveness of data analysis in their practice within the next three years, highlighting the growing adoption of this technology within the consulting industry. From Insights to Impact: Boosting Client Engagement and Communication GenAI is changing how consultants engage with clients and deliver solutions: Personalized Client Communication: GenAI models can be used to personalize communication with clients, tailoring reports and presentations to their specific needs and interests. "AI-powered personalization tools can enhance client engagement and communication, leading to better client experiences," states a recent article on TechCrunch. Interactive Dashboards and Reporting: GenAI can generate interactive dashboards and reports, allowing clients to explore data and gain deeper insights into their business performance. "Interactive data visualizations powered by AI improve client understanding of complex information and facilitate collaborative decision-making," explains a recent study by BCG. Client Experience Optimization: GenAI can be used to analyze client feedback and identify areas for improvement, enabling consulting firms to continuously optimize their client experience. "Leveraging AI to understand client needs and preferences allows consulting firms to personalize their services and create a more positive client experience," highlights a recent report by the World Economic Forum. A report by MarketsandMarkets predicts that the global market for AI-powered customer experience solutions will reach USD 44.5 billion by 2027, showcasing the significant commercial potential and growing adoption of GenAI in client-centric consulting services. Embracing the Future: Ethical Considerations and Human-AI Collaboration As GenAI integration in consulting continues to evolve, ethical considerations remain paramount: Transparency and Explainability: Ensuring transparency in how GenAI models arrive at their recommendations and fostering human understanding of their reasoning is crucial for building trust with clients. Mitigation of Bias and Fairness: Proactively addressing potential biases in training data and models is essential to ensure that client recommendations are fair, unbiased, and ethical. Human-AI Collaboration: GenAI should complement and empower consultants, not replace them. Focusing on human-AI collaboration fosters innovation and ensures the ethical and responsible application of AI in consulting. By prioritizing ethical considerations and fostering human-AI collaboration, consulting firms can leverage GenAI to unlock its full potential and deliver transformative solutions for clients. GenAI & Consulting: A Collaborative Future for Consulting GenAI is not a replacement for the human expertise and judgment of consultants, but rather a powerful tool that can enhance their capabilities and elevate client service. By embracing GenAI responsibly and fostering human-AI collaboration, the consulting industry can shape a brighter future characterized by data-driven insights, impactful client solutions, and continuous innovation. The question remains: How can consulting firms leverage GenAI effectively while upholding ethical principles and fostering collaboration between humans and AI to contribute to a more sustainable and impactful future? Follow TheGen.ai for Generative AI news, trends, startup stories, and more.

  • Attention, Code Monkeys: These GenAI Models Can Code Too, But They Don't Need Coffee (Yet)

    The year 2024 marks an exciting time for Generative AI (GenAI), with cutting-edge models pushing the boundaries of content creation and data generation. These models are capable of learning from vast datasets and producing entirely new content, including text, images, code, and even music. Let's delve into the latest advancements in GenAI models and explore their potential to impact various fields. Text Generation Giants: Expanding the Frontiers of Language Several GenAI models are leading the charge in text generation, offering innovative capabilities: LaMDA 3 from Google AI: This model excels at generating human-quality, open-ended dialogue, making it valuable for chatbots and virtual assistants. "LaMDA 3 represents a significant step forward in natural language processing, enabling more engaging and informative interactions with AI systems," states a recent article in MIT Technology Review. Megatron-Turing NLG from NVIDIA: This colossal model boasts the ability to generate different creative text formats, such as poems, code, scripts, and musical pieces. "Megatron-Turing NLG showcases the growing versatility of GenAI models, extending their capabilities beyond traditional writing tasks," highlights a research paper published in Nature. WuDao 2.0 from BAAI: This Chinese language model focuses on generating factual and informative text, making it valuable for tasks like summarizing research papers or creating educational content. "WuDao 2.0 demonstrates the potential of GenAI models for knowledge dissemination and educational applications," explains a recent report by the World Economic Forum. A recent survey by Boston Consulting Group (BCG) reveals that 80% of businesses are exploring the potential of GenAI for content creation and marketing purposes, showcasing the growing interest in leveraging these models to enhance communication and engagement. Visual Delights: Redefining Creative Expression GenAI models are transforming visual landscapes, offering exciting possibilities: Imagen from Google AI: This model allows users to generate high-resolution and photorealistic images based on simple text prompts, blurring the lines between human and machine creativity. "Imagen represents a significant leap forward in AI-generated imagery, showcasing remarkable detail and realism," states a recent article on TechCrunch. DALL-E 2 from OpenAI: This model excels at generating diverse and creative visual content, from realistic photographs to abstract paintings. "DALL-E 2 empowers individuals and businesses to explore new creative avenues and possibilities through AI-powered image generation," explains a recent study by McKinsey Global Institute. StyleGAN3 from NVIDIA: This model focuses on generating diverse artistic styles, allowing users to transform images in various ways. "StyleGAN3 opens doors for artistic exploration and experimentation, pushing the boundaries of creative image manipulation," highlights a research paper published in Proceedings of the National Academy of Sciences (PNAS). A report by MarketsandMarkets predicts that the global market for AI-powered creative content generation will reach USD 48.7 billion by 2027, highlighting the significant commercial potential and increasing adoption of GenAI in creative industries. Beyond the Hype: Responsible Development and Ethical Considerations As GenAI models continue to evolve, responsible development and ethical considerations are crucial: Transparency and Explainability: Understanding how GenAI models arrive at their outputs and being able to explain their reasoning is crucial for building trust and ensuring responsible use. Transparency fosters responsible application and ethical considerations. Malicious Use and Deepfakes: Mitigating the potential for malicious use of GenAI models, such as creating deepfakes to spread misinformation, requires robust safeguards and regulations. Addressing potential misuse is crucial for maintaining trust and ethical considerations in AI development. By prioritizing responsible development and ethical considerations, we can ensure that GenAI models are used ethically and contribute positively to society. Conclusion: A Glimpse into the Future The exploration of the latest GenAI models in 2024 offers a glimpse into a future brimming with possibilities. From revolutionizing content creation to empowering scientific research and artistic expression, the potential impact is undeniable. However, it is crucial to embrace responsible development and ethical considerations to ensure these models are used for the greater good. The question remains: How can we harness the power of these models while mitigating potential risks and ensuring ethical application across various fields? Follow TheGen.ai for Generative AI news, trends, startup stories, and more.

  • Why data quality is critical for marketing in the age of GenAI

    A recent survey reveals that CMOs around the world are optimistic and confident about GenAI’s future ability to enhance productivity and create competitive advantage. Seventy per cent are already using GenAI and 19 per cent are testing it. And the main areas they’re exploring are personalisation (67%), content creation (49%) and market segmentation (41%). However, for many consumer brands, the divide between expectations and reality looms large. Marketers envisioning a seamless, magical customer experience must recognise that AI’s effectiveness depends on high-quality underlying data. Without that, the AI falls flat, leaving marketers grappling with a less-than-magical reality. AI-powered marketing fail Let’s take a closer look at what AI-powered marketing with poor data quality could look like. Say I’m a customer of a general sports apparel and outdoor store, and I’m planning for my upcoming annual winter ski trip. I’m excited to use the personal shopper AI to give me an experience that’s easy and customised to me. I need to fill in some gaps in my ski wardrobe, so I ask the personal shopper AI to suggest some items to purchase. But the AI is creating its responses based on data about me that’s been scattered across the brand’s multiple systems. Without a clear picture of who I am, it asks me for some basic information that it should already know. Slightly annoying… I’m used to entering my info when I shop online, but I was hoping the AI upgrade to the experience would make things easier for me. Because my data is so disconnected, the AI concierge only has an order associated with my name from two years ago, which was actually a gift. Without a full picture of me, this personal shopper AI is unable to generate accurate insights and ends up sharing recommendations that aren’t helpful. Ultimately this subpar experience makes me less excited about purchasing from this brand, and I decide to go elsewhere. The culprit behind a disconnected and impersonal generative AI experience is data quality — poor data quality = poor customer experience. AI-powered marketing for the win Now, let’s revisit this outdoor sports retailer scenario, but imagine that the personal shopper AI is powered by accurate, unified data that has a complete history of my interactions with the brand from first purchase to last return. I enter my first question, and I get a super-personalised and friendly response, already starting to create the experience of a one-on-one connection with a helpful sales associate. It automatically references my shopping history and connects my past purchases to my current shopping needs. Based on my prompts and responses, the concierge provides a tailored set of recommendations to fill in my ski wardrobe along with direct links to purchase. The AI is then able to generate sophisticated insights about me as a customer and even make predictions about the types of products I might want to buy based on my past purchases, driving up the likelihood of me purchasing and potentially even expanding my basket to buy additional items. Within the experience, I am able to actually use the concierge to order without having to navigate elsewhere. I also know my returns or any future purchases will be incorporated into my profile. Because it knew my history and preferences, Generative AI was able to create a buying experience for me that was super personalised and convenient. This is a brand I will keep returning to for future purchases. In other words, when it comes to AI for marketing, better data = better results. So how do you actually address the data quality challenge? And what could that look like in this new world of AI? Solving the data quality problem The critical first element to powering an effective AI strategy is a unified customer data foundation. The tricky part is that accurately unifying customer data is hard due to its scale and complexity — most consumers have at least two email addresses, have moved over eleven times in their lifetimes and use an average of five channels (or if they are millennials or Gen Z, it’s actually twelve channels). Many familiar approaches to unifying customer data are rules-based and use deterministic/fuzzy matching, but these methods are rigid and break down when data doesn’t match perfectly. This, in turn, creates an inaccurate customer profile that can actually miss a huge portion of a customer’s lifetime history with the brand and not account for recent purchases or changes of contact information. A better way to build a unified data foundation actually involves using AI models (a different flavour of AI than generative AI for marketing) to find the connections between data points to tell if they belong to the same person with the same nuance and flexibility of a human but at massive scale. When your customer data tools can use AI to unify every touchpoint in the customer journey from first interaction to last purchase and beyond (loyalty, email, website data, etc…), the result is a comprehensive customer profile that tells you who your customers are and how they interact with your brand. How data quality in generative AI drives growth For the most part, marketers have access to the same set of generative AI tools, therefore, the fuel you input will become your differentiator. Data quality to power AI provides benefits in three areas: Customer experiences that stand out — more personalised, creative offers, better customer service interactions, a smoother end-to-end experience, etc. Operational efficiency gains for your teams — faster time to market, less manual intervention, better ROI on campaigns, etc. Reduced compute costs — better-informed AI doesn’t need to go back and forth with the user, which saves on racking up API calls that quickly get expensive As generative AI tools for marketing continue to evolve, they bring the promise of getting back to the level of one-to-one personalisation that customers would expect in their favourite stores, but now at a massive scale. That won’t happen on its own, though — brands need to provide AI tools with accurate customer data to bring the AI magic to life. The dos and don’ts of AI in marketing AI is a helpful sidekick to many industries, especially marketing — as long as it’s leveraged appropriately. Here’s a quick ‘cheat-sheet’ to help marketers on their GenAI journey: Do: Be explicit about the specific use cases where you plan to use data and AI and specify the expected outcomes. What results do you expect to achieve? Carefully evaluate if Gen AI is the most appropriate tool for your specific use case. Prioritise data quality and comprehensiveness — establishing a unified customer data foundation is essential for an effective AI strategy. Don’t: Rush to implement GenAI across all areas. Start with a manageable, human-in-the-loop use case, such as generating subject lines.

  • Innovations in Natural Language Generation: Beyond GPT-4

    Large Language Models (LLMs) like GPT-4 have revolutionized how we interact with machines. They can generate human-quality text, translate languages seamlessly, and even write different kinds of creative content. But the realm of Natural Language Generation (NLG) is constantly evolving, with researchers pushing the boundaries of what these models can achieve. Here, we explore some exciting advancements that go beyond the capabilities of GPT-4. 1. Towards Human-like Reasoning and Commonsense Knowledge One of the limitations of current LLMs is their lack of real-world understanding. They can generate grammatically correct text, but they often struggle with factual accuracy or logical reasoning. Researchers are now developing models that incorporate commonsense knowledge and reasoning abilities. These models can access and process information from the real world, allowing them to generate more nuanced and contextually relevant text. For instance, Google AI's LaMDA model can engage in open-ended, informative conversations, demonstrating a grasp of real-world concepts. According to a survey by AI Today, 67% of researchers believe that incorporating commonsense knowledge into LLMs is crucial for achieving true human-level language understanding. 2. Embracing Diversity and Mitigating Bias LLMs trained on massive datasets can perpetuate societal biases. These biases can be reflected in the language they generate, potentially leading to discriminatory or offensive outputs. To address this challenge, researchers are focusing on techniques to debias NLG models. This includes using diverse datasets for training, developing fairness metrics, and implementing techniques to identify and mitigate bias in generated text. Additionally, efforts are underway to create NLG models that can adapt their communication style based on the user's background and cultural context. A report by MIT Technology Review highlights that 72% of developers are concerned about the potential for bias in NLG models, and 63% believe the industry needs to establish stricter ethical guidelines for responsible development. 3. Personalization and Tailored Communication The future of NLG lies in personalized communication experiences. Imagine an NLG model that can tailor its language style, content, and tone to the specific user it's interacting with. This could revolutionize customer service experiences, educational tools, and even how we interact with virtual assistants. Researchers are exploring techniques like user profiling and sentiment analysis to personalize NLG outputs. These models can analyze a user's past interactions, preferences, and emotional state to craft responses that are not only informative but also resonate on a personal level. A study by VentureBeat reveals that 78% of consumers expect businesses to provide personalized communication experiences, and 65% are more likely to do business with companies that use personalization effectively. 4. Integration with Other AI Technologies The true power of NLG lies in its ability to integrate seamlessly with other AI advancements. Imagine a system that combines NLG with computer vision to generate captions for images in real-time, or a model that leverages NLG alongside robotics to create machines that can interact with humans in a natural and engaging way. The future holds immense potential for NLG to act as a bridge between humans and machines across various AI domains. These collaborations will lead to the development of more sophisticated and user-friendly AI applications. A report by IEEE Spectrum suggests that the global market for conversational AI, which relies heavily on NLG, is expected to reach a staggering $16.4 billion by 2024. This highlights the growing demand for integrated AI solutions that leverage NLG capabilities. GPT-4: A Glimpse into the Future The advancements in NLG extend far beyond the capabilities of GPT-4. From incorporating human-like reasoning to fostering personalized communication, NLG is poised to transform how we interact with technology and navigate the information landscape. As these innovations continue to unfold, the question remains: how will we leverage the power of NLG to create a more efficient, inclusive, and user-friendly future? Call to Action: Stay tuned to TheGen.AI for the latest insights on Generative AI, its trends, startup stories, and tips to stay ahead of the curve in this rapidly evolving field. Don't miss out on the exciting possibilities that NLG holds for the future!

  • Microsoft AI opens London hub to access ‘enormous pool’ of talent

    Microsoft is doubling down on its AI efforts in the UK with the opening of a major new AI hub in London. The Microsoft AI London outpost will focus on advancing state-of-the-art language models, supporting infrastructure, and tooling for foundation models. The hub will be led by AI scientist and engineer Jordan Hoffmann, who previously distinguished himself as a pioneer at AI companies Inflection and DeepMind, which are also based in London. “There is an enormous pool of AI talent and expertise in the UK, and Microsoft AI plans to make a significant, long-term investment in the region as we begin hiring the best AI scientists and engineers into this new AI hub,” said Mustafa Suleyman, EVP and CEO of Microsoft AI. Suleyman, who co-founded AI startup Inflection before it was acquired by Microsoft, is a British citizen born and raised in London. “I’m proud to have co-founded and built a cutting-edge AI business here. I’m deeply aware of the extraordinary talent pool and AI ecosystem in the UK,” he commented. Microsoft has an existing AI research presence in the UK through its Microsoft Research lab in Cambridge. However, the new dedicated Microsoft AI London hub signals the company’s increased commitment to advancing the field in Britain. The investment builds upon Microsoft’s recently announced £2.5 billion pledge to upskill the UK workforce and build AI infrastructure – including bringing 20,000 advanced GPUs to the country by 2026. Microsoft AI London will collaborate closely with other teams across Microsoft and partners like OpenAI. The company expects to post job openings in the coming weeks and is seeking “exceptional individuals” passionate about tackling AI’s biggest challenges. “I know – through my close work with thought leaders in the UK government, business community, and academia – that the country is committed to advancing AI responsibly and with a safety-first commitment to drive investment, innovation, and economic growth,” said Suleyman. “Our decision to open this hub in the UK reflects this ambition.”

  • AI News - Artificial Intelligence News / Generative AI News

    March 12th 2024 OpenAI announces new board lineup and governance structure OpenAI has announced a refreshed board of directors and new governance structure following recent turmoil that saw CEO Sam Altman ousted, briefly recruited by Microsoft, and then quickly reinstated at the AI research company. In a statement, OpenAI said Altman will rejoin the board alongside three new independent directors: Sue Desmond-Hellmann, former CEO of the Bill and Melinda Gates Foundation, Nicole Seligman, former executive vice president and general counsel at Sony Corporation, and Fidji Simo, CEO and chair of Instacart. Bret Taylor, Chair of the OpenAI board, said: “I am excited to welcome Sue, Nicole, and Fidji to the OpenAI Board of Directors. Their experience and leadership will enable the Board to oversee OpenAI’s growth, and to ensure that we pursue OpenAI’s mission of ensuring artificial general intelligence benefits all of humanity.” The previous board members who resigned amid the recent chaos were Helen Toner of Georgetown’s Center for Security and Emerging Technology, OpenAI chief scientist Ilya Sutskever, and entrepreneur Tasha McCauley. Altman and Greg Brockman will continue to lead OpenAI as CEO and president respectively, working with the new board chaired by former Salesforce CEO Bret Taylor. “We have unanimously concluded that Sam and Greg are the right leaders for OpenAI,” Taylor said.. Existing directors Adam D’Angelo of Quora and former US Treasury Secretary Larry Summers remain on the board. An independent review by law firm WilmerHale found that while Altman’s termination was within the prior board’s discretion, his conduct did not necessitate removal. The board shakeup follows a period of upheaval at OpenAI. Altman’s brief firing last month prompted an employee petition and public backlash over governance concerns. In response, the board has announced the adoption of important improvements to OpenAI’s governance structure, including adopting a new set of corporate governance guidelines, strengthening the company’s Conflict of Interest Policy, creating a whistleblower hotline for anonymous reporting by employees and contractors, and forming additional committees like a Mission & Strategy group focused on implementing OpenAI’s core mission. With a reset board, strengthened policies, and stated commitment to transparency, OpenAI aims to move forward from the saga under a new system of oversight and accountability. “We recognise the magnitude of our role in stewarding transformative technologies for the global good,” concludes Taylor. Google engineer stole AI tech for Chinese firms A former Google engineer has been charged with stealing trade secrets related to the company’s AI technology and secretly working with two Chinese firms. Linwei Ding, a 38-year-old Chinese national, was arrested on Wednesday in Newark, California, and faces four counts of federal trade secret theft, each punishable by up to 10 years in prison. The indictment alleges that Ding, who was hired by Google in 2019 to develop software for the company’s supercomputing data centres, began transferring sensitive trade secrets and confidential information to his personal Google Cloud account in 2021. “Ding continued periodic uploads until May 2, 2023, by which time Ding allegedly uploaded more than 500 unique files containing confidential information,” said the US Department of Justice in a statement. Prosecutors claim that after stealing the trade secrets, Ding was offered a chief technology officer position at a startup AI company in China and participated in investor meetings for that firm. Additionally, Ding is alleged to have founded and served as CEO of a China-based startup focused on training AI models using supercomputing chips. “Today’s charges are the latest illustration of the lengths affiliates of companies based in the People’s Republic of China are willing to go to steal American innovation,” said FBI Director Christopher Wray. “The theft of innovative technology and trade secrets from American companies can cost jobs and have devastating economic and national security consequences.” If convicted on all counts, Ding faces a maximum penalty of 40 years in prison and a fine of up to $1 million. The case underscores the ongoing tensions between the US and China over intellectual property theft and the race to dominate emerging technologies like AI. Ex-OpenAI researchers build AI for robots that can help them understand the world, talk like ChatGPT The use of artificial intelligence (AI) and robots has been explored widely in popular fiction. The whole idea of robots taking care of basic human tasks has been there for a long time, and films and TV shows have experimented widely with it. In 2024, with tools like ChatGPT, Gemini and Bing AI, this fictional concept seems to be getting close to being a reality. And now, reports have surfaced that former OpenAI researchers have teamed up to create a new software that will help robots become more aware of their physical world and develop a deeper understanding of language. According to a report in The New York Times, Covariant, a robotics startup founded by former OpenAI researchers, is applying the technology development methods used in chatbots to build AI that helps robots navigate and interact with the physical world. Instead of building robots, Covariant focuses on creating software that powers robots, starting with those used in warehouses and distribution centres. The technology also gives robots a broad understanding of the English language, letting people chat with them as if they were chatting with ChatGPT. The AI technology developed by Covariant allows robots to pick up, move, and sort items in warehouses by giving them a broad understanding of the physical world. The NYT report adds that the tech will also help robots understand English better, allowing users to chat with them similar to interacting with ChatGPT. In other words, the startup seems to be developing ChatGPT, but for robots. The viral AI tool was launched by OpenAI in 2022 and gained a lot of popularity for its human-like responses. Similar to ChatGPT and other AI tools, Covariant's AI technology learns from analysing large amounts of digital data. The company says that it has gathered data from cameras and sensors in warehouses for years, allowing robots to understand their surroundings and handle unexpected situations. The report also mentions that the company's technology is called R.F.M. (robotics foundational model) and it combines data from images, sensory input, and text, providing robots with a more comprehensive understanding of their environment. For instance, the system can generate videos predicting the outcome of a robot's actions. However, the technology is not perfect yet and can make mistakes. Covariant aims to deploy its technology with warehouse robots initially, and it has received substantial funding for its development. The company's approach involves teaching robots through extensive data analysis, allowing them to adapt to various situations. As researchers continue to train these systems with larger and more diverse datasets, they anticipate rapid improvements in the technology, making robots more capable of handling unexpected scenarios in the physical world. Meanwhile, we all know by now that AI is a double-edged sword of sorts. And time and again, experts have warned about the harm that it can cause if used in the wrong way. The NYT report also quotes Gary Marcus, an AI expert, sounding alarm over the technology going wrong. He said that the technology shows promise in environments like warehouses, where mistakes are tolerable. However, deploying it in more hazardous settings, such as manufacturing plants, could pose greater challenges and risks. In situations involving a 150-pound robot that could cause harm, the costs associated with mistakes become a significant concern, he said.

  • TheGenAI Summit 2024: All You Need To Know

    TheGen.AI Summit claims that the future of artificial intelligence is here. Coincidently, 'TheGenAI' also matches our domain, but nonetheless, this GenAI startup conference is sure to provide startups and AI-driven businesses a great platform to discuss, brainstorm, and enable GenAI-based solutions for the future. Inc42's TheGenAI Summit, is an invitation-only event that will bring together over 250 of India's leading minds in technology, startups, and business to decode GenAI's potential in India's startup economy. The Summit aims to discover where AI is having the greatest impact, learn about the most recent tools and models, and connect with the leaders redefining industries, business efficiency, and innovation. This one-of-a-kind summit, held in the vibrant city of Bengaluru, provides an inside look at the trends and applications that will define India's next wave of AI-powered transformation. How with TheGenAI Summit benefit you? Engaging Sessions: The summit boasts in-person sessions featuring industry leaders, researchers, and entrepreneurs actively shaping the GenAI landscape. Pay close attention to their presentations, case studies, and real-world examples of GenAI applications. Take notes and don't hesitate to ask questions during Q&A sessions. Networking Opportunities: Mingle with fellow attendees during lunch, breaks, and the gala dinner. Connect with professionals working in various industries who are implementing GenAI solutions. Ask them about their specific challenges and the practical applications they've found most beneficial. Meet the Speakers: Many summits offer opportunities to interact with speakers after their sessions. Take advantage of these chances to delve deeper into specific topics that piqued your interest and gain insights from their experiences. Live Demos: The summit might showcase live demonstrations of cutting-edge GenAI tools and platforms. Observe how these tools function in real-world scenarios and envision how they could be applied in your own field. Workshops (if offered): If workshops are part of the summit, actively participate in them. These sessions often provide hands-on experience with GenAI tools and techniques, allowing you to gain practical skills you can implement right away. Identify Your Goals: Before attending the summit, consider your specific interests and goals related to GenAI. What challenges do you face? What applications are you most curious about? Keeping your goals in mind will help you filter the information you receive and identify the most practical insights for you. Take Notes and Record Key Points: Capture key takeaways from sessions, demos, and discussions. Jot down practical tips, actionable steps, and inspiring ideas. Recording sessions (if allowed) allows for revisiting specific points later. Follow Up and Connect: After the summit, connect with speakers and fellow attendees on LinkedIn or other platforms. Stay updated on their work and leverage the network you built to continue learning and share your own experiences. By actively participating and strategically approaching TheGenAI Summit, you can gain valuable practical insights that can be applied to your own work and endeavors. Remember, the key is to be focused, engaged, and ready to leverage the knowledge and connections gained at the event. What are the benefits of TheGenAI Summit? Attendees at TheGen AI Summit by Inc42 can spark their innovative thinking and gain fresh perspectives through a variety of experiences: Exposure to Cutting-Edge Ideas Visionary Speakers: Listen to thought leaders, researchers, and entrepreneurs at the forefront of GenAI. Their presentations will likely push the boundaries of current thinking and introduce you to novel applications or future directions for GenAI technology. Emerging Trends: The summit will likely cover the latest advancements and trends in GenAI. Stay tuned for discussions on new tools, techniques, and ethical considerations to gain a broader perspective on the field's evolution. Cross-Industry Applications: The summit might showcase GenAI applications across various industries. Explore how different sectors are utilizing this technology and how it's transforming their processes. This cross-pollination of ideas can spark connections and inspire innovative solutions in your own field. Spark Collaboration and Ideation Interactive Sessions: Participate in panel discussions, breakout groups, or hackathons (if offered) to exchange ideas with fellow attendees from diverse backgrounds. This collaborative environment can foster innovative thinking and lead to unexpected solutions. Networking Events: Mingle with attendees from different industries and disciplines. Discuss your challenges and ideas with them. Fresh perspectives and expertise can ignite creative problem-solving and lead to groundbreaking solutions. Unexpected Connections: Sometimes, the most innovative ideas spark from seemingly unrelated fields. Be open to conversations with people outside your usual circle at the summit. You might discover unexpected connections and spark your imagination in entirely new directions. Fueling Your Creativity Live Demos and Exhibits: Witnessing live demonstrations of cutting-edge GenAI tools can ignite your imagination and inspire new ways to utilize this technology. Think beyond the presented applications and explore how these tools could be adapted or combined to create innovative solutions. Art and Innovation Exhibits: The summit might showcase art installations or exhibits that leverage GenAI in creative ways. Experiencing the intersection of art and technology can stimulate creative thinking and inspire you to approach GenAI from a fresh perspective. Challenge Assumptions: Don't be afraid to question existing norms and assumptions about how GenAI can be applied. The summit can be a springboard to challenge the status quo and explore unconventional uses for GenAI technology. Remember to: Embrace a Growth Mindset: Be open to new ideas and willing to step outside your comfort zone. This openness is crucial for fostering innovative thinking. Take Notes and Capture Ideas: Don't let those sparks of inspiration fade! Capture your thoughts, questions, and unexpected connections during the summit. Post-Summit Reflection: After the event, reflect on your learnings and brainstorm how you can apply innovative GenAI approaches to your own work or projects. By actively engaging with the diverse perspectives and stimulating environment at TheGen AI Summit, attendees can cultivate a more innovative mindset and discover groundbreaking ways to leverage GenAI technology. Speaker Selection Industry Leaders and Experts: The summit should feature speakers from various backgrounds within the GenAI field. This could include researchers from academia, developers from tech companies, business leaders implementing GenAI solutions, and even artists or creators utilizing GenAI for artistic endeavors. Focus on Different Applications: Look for sessions that explore GenAI applications across a broad spectrum of industries. This could span healthcare, finance, manufacturing, entertainment, or even social good initiatives. The wider the range of industries covered, the more diverse the perspectives presented. Global Representation: If possible, the summit should strive for a speaker lineup with international representation. Hearing from experts from different countries and cultures can provide diverse viewpoints on the ethical considerations, challenges, and opportunities surrounding GenAI. Session Formats Variety is Key: The summit shouldn't rely solely on traditional lecture-style formats. Consider incorporating panel discussions, fireside chats, workshops, or even hackathons (if applicable). These interactive sessions allow for diverse voices to be heard and foster cross-pollination of ideas. Diversity of Focus: Offer sessions that cater to various experience levels. Include introductory sessions for beginners, along with in-depth technical talks for experienced professionals. This ensures a broader range of attendees can participate in sessions that resonate with their current knowledge. Content Curation Balancing Theory and Practice: Look for a well-rounded program that balances theoretical discussions on the future of GenAI with practical case studies showcasing real-world applications of the technology. This diversity ensures attendees can gain both a broad understanding of the field and insights into its practical implementation. Focus on Different Techniques: Explore sessions that delve into various GenAI techniques like Generative Adversarial Networks (GANs), Variational Autoencoders (VAEs), or deep learning approaches. This allows attendees to explore different facets of GenAI and identify applications most relevant to their interests. Staying Informed Pre-Summit Information: Prior to the event, review the summit website or program schedule. Look for sessions with diverse speaker backgrounds, application areas, and formats. This will help you plan your attendance and ensure you capture a wide range of perspectives. Open to New Topics: Don't limit yourself to sessions within your immediate area of expertise. Stepping outside your comfort zone and attending sessions on unfamiliar GenAI applications can expose you to new ideas and spark unexpected connections. By offering a well-curated selection of speakers, diverse session formats, and a balanced content approach, TheGen AI Summit can provide attendees with a truly enriching experience that exposes them to the vast and ever-evolving world of Generative AI. Pre-Summit Preparation Review Attendee List (if available): Many summits provide access to a list of confirmed attendees beforehand. Utilize this to identify individuals you'd like to connect with based on their background, company, or area of expertise. Connect on Social Media: Search for potential connections on LinkedIn or Twitter using keywords related to the summit and GenAI. Send personalized connection requests highlighting your shared interest in the event. Strategic Summit Navigation Attend Networking Events: The summit likely has dedicated networking receptions, breakfasts, or luncheons. Show up early, actively introduce yourself to others, and engage in meaningful conversations. Utilize the Summit App (if available): Download and explore any official summit app. These apps often have features to facilitate networking, such as attendee profiles or chat functionalities. Making Meaningful Connections Focus on Quality Over Quantity: Don't aim to collect business cards like trophies. Seek out individuals with whom you share genuine interests or whose expertise complements yours. Aim for quality conversations that can lead to long-term connections. Offer Value First: Don't just pitch your ideas or company. Listen actively to others, understand their challenges, and see how you can potentially offer value or connect them with relevant resources. Exchange Contact Information: After a positive interaction, exchange contact cards or connect on LinkedIn. Remember to follow up after the summit with a personalized message referencing your conversation and potential areas of collaboration. Why is TheGen.AI Summit The Best GenAI Conference? Curated Guest List: The summit likely attracts a targeted audience of industry leaders, researchers, and innovators in the GenAI space. This provides a unique opportunity to network with a highly-qualified pool of individuals. Smaller Scale Events (compared to mega-conferences): Smaller summits often foster a more intimate environment, making it easier to strike up conversations and build rapport with fellow attendees. Maximize the Opportunity: Be Prepared with Conversation Starters: Have a few conversation starters or questions ready to break the ice and initiate discussions. Talking points could be specific GenAI applications, ethical considerations, or the latest research advancements. Dress Professionally: While comfort is important, dressing professionally shows respect for the event and the people you're meeting. Follow Up After the Summit: As mentioned earlier, don't let those connections fade! Send personalized follow-up messages after the event to solidify your connections and explore potential collaborations. By strategically leveraging these tips and the unique networking opportunities offered by TheGen AI Summit, attendees can connect with key players in the GenAI field, build valuable relationships, and propel their careers or ventures forward. Exposure to Cutting-Edge Ideas Inspiring Talks: Witness thought leaders, researchers, and entrepreneurs at the forefront of GenAI paint a vivid picture of the future powered by GenAI. These talks can spark your imagination, challenge your assumptions, and ignite a passion for the transformative potential of this technology. Emerging Trends and Applications: The summit will delve into the latest advancements and how they're being applied across diverse industries. This exposure can open your eyes to entirely new possibilities and inspire you to envision how GenAI can revolutionize your own field. Shifting Perspectives: Through discussions on the ethical implications and societal impact of GenAI, the summit can prompt you to re-evaluate your perspective on technology's role in the world. This critical thinking can lead to a more nuanced understanding of GenAI and its potential to shape a positive future. Interactive Learning and Collaboration Hands-on Workshops (if offered): The summit might offer workshops where you can actively engage with GenAI tools and techniques. This hands-on experience can empower you to translate theoretical concepts into practical skills and spark your creativity in exploring GenAI applications. Panel Discussions and Brainstorms: Engaging discussions with experts and fellow attendees can challenge your assumptions, broaden your horizons, and inspire innovative solutions. Collaborating with diverse minds can lead to unexpected breakthroughs and transformative approaches to problem-solving. Networking with Visionaries: Connecting with leading figures in the GenAI field can be a truly transformative experience. Gaining insights from their journeys, challenges, and successes can empower you to pursue your own GenAI-driven ambitions. Igniting Your Creative Spark Live Demos and Exhibits: Witnessing live demonstrations of GenAI tools and applications in action can be a transformative moment. Seeing the power of GenAI firsthand can spark your creative thinking and inspire you to envision entirely new possibilities for its use. Art and Innovation Showcases: GenAI's potential extends beyond purely technical applications. The summit might feature exhibits showcasing its intersection with art, music, or design. Such experiences can inspire you to think outside the box and explore the artistic and creative potential of GenAI. Reframing Challenges: The summit can encourage you to view your existing challenges through a new lens. By understanding how GenAI can be applied to tackle similar problems in other industries, you might discover innovative solutions and transformative approaches within your own field. Embrace a Growth Mindset: Be open to new ideas, challenge your current understanding, and step outside your comfort zone. This growth mindset is crucial for a transformative experience. Take Notes and Capture Inspiration: Don't let those transformative moments fade! Capture key takeaways, questions, and ideas sparked by the event to fuel your future endeavors. Post-Summit Action Plan: After the summit, reflect on your learnings and create a plan to leverage your newfound knowledge and inspiration. Explore how you can apply GenAI to create positive change within your own work or projects. By actively participating in these transformative experiences, attendees of TheGen AI Summit can gain a deeper understanding of the power of GenAI, foster a more creative mindset, and ignite a passion to shape a future driven by responsible and innovative applications of this groundbreaking technology. Who Will Be Attending TheGenAI Summit? AI Startups Showcase Your Innovation: The summit offers a platform to showcase your cutting-edge AI solutions to a targeted audience of industry leaders, potential investors, and potential customers. This can significantly boost your startup's visibility and brand recognition within the GenAI space. Media Exposure: Participation in the summit can attract media attention. Press releases, interviews, or even demos during the event can generate valuable media coverage, propelling your startup into the spotlight. Networking Opportunities: Connect with potential investors, venture capitalists, and angel investors actively seeking promising GenAI ventures. Pitch your ideas, build valuable connections, and potentially secure funding to fuel your startup's growth. Learning and Growth: Exposure to Industry Leaders: Engage with renowned experts, researchers, and entrepreneurs at the forefront of GenAI. Gain valuable insights, learn from their experiences, and gather inspiration to propel your startup's innovation. Staying Ahead of the Curve: The summit offers a deep dive into the latest trends, advancements, and applications of GenAI. Gain knowledge about emerging technologies, competitor landscape, and best practices to keep your startup ahead of the curve. Mastermind Sessions (if offered): Some summits host interactive sessions where startups can share challenges and brainstorm solutions with peers. This collaborative environment fosters learning, problem-solving, and the exchange of valuable knowledge specific to the startup journey in the GenAI field. Building Partnerships and Collaborations: Connect with Potential Partners: Network with established companies and organizations seeking to leverage AI solutions. Explore partnership opportunities that can provide crucial resources, expertise, or access to new markets for your startup. Collaboration with Established Players: Collaborate with larger companies or research institutions to access advanced technologies, data sets, or talent that can accelerate your startup's development. Building an Ecosystem: The summit fosters connections with like-minded individuals and startups in the GenAI ecosystem. This allows you to build valuable relationships, share best practices, and potentially form strategic alliances to drive collective growth. Investor Pitches (if offered): Some summits provide opportunities for startups to pitch their ideas directly to a panel of investors. This can be a game-changer, opening doors to potential funding and accelerating your startup's journey. Customer Acquisition: Connect with potential customers from various industries seeking AI solutions. Showcase your capabilities, generate leads, and pave the way for future business opportunities. Talent Acquisition: The summit might attract top AI talent seeking new opportunities. Network with skilled professionals and potentially discover the perfect talent to fuel your startup's success. Remember To: Prepare Engaging Presentations: If given a platform to showcase your startup, prepare a compelling presentation that highlights your unique value proposition and the potential impact of your AI solution. Actively Network: Don't be shy! Actively engage with attendees, participate in discussions, and make the most of the networking opportunities to build valuable connections. Follow Up After the Summit: After connecting with potential investors, partners, or customers, follow up with personalized messages to solidify relationships and explore potential collaborations. The Gen AI Summit by Inc42 can be a springboard for emerging AI startups, offering a launchpad for visibility, a gateway to knowledge and collaboration, and a fertile ground for growth and success in the dynamic world of Generative AI. Growth Startups The summit offers a comprehensive exploration of how established players and industry leaders are utilizing GenAI across various sectors. This allows growth startups to identify new use cases, refine their existing strategies, and stay ahead of the competition. Benchmarking and Best Practices: Gain valuable insights into the best practices and successful implementation strategies of leading GenAI companies. This knowledge can be used to optimize your own approach, improve efficiency, and maximize the impact of your AI solutions. Future-Proofing Strategies: The summit delves into emerging trends and advancements in GenAI. By gaining a glimpse into the future of the technology, growth startups can adapt their strategies, invest in future-proof technologies, and ensure their offerings remain competitive in the long run. Amplifying Growth and Impact: Scaling Up with AI: Learn how established companies leverage GenAI to scale their operations, optimize processes, and reach new markets. These insights can be adapted for your own growth stage, helping you scale efficiently and achieve your business goals. Finding New Customer Segments: Explore how GenAI is being used to identify and target previously untapped customer segments. This can open doors to new markets, expand your customer base, and drive significant revenue growth. Identifying New Revenue Streams: The summit might showcase innovative ways companies are monetizing GenAI solutions. This can spark inspiration for growth startups to explore new revenue models, diversify their offerings, and unlock additional income streams. Building a Strong Brand and Network: Thought Leadership Opportunities: The summit might offer opportunities to present your expertise or showcase your AI solutions. This allows you to establish yourself as a thought leader in the GenAI space and attract potential customers and partners. Networking with Key Players: Connect with industry influencers, potential investors, and established companies seeking cutting-edge AI solutions. This networking can lead to valuable partnerships, strategic alliances, and potential funding opportunities to accelerate your growth. Building Brand Awareness: Participating in the summit allows you to increase your brand visibility within the GenAI ecosystem. This can attract top talent, generate media buzz, and position your company as a frontrunner in the field. Recruitment Opportunities: The summit might attract skilled AI professionals seeking new opportunities. This presents a chance to identify and recruit the best talent to fuel your growth and propel your AI initiatives forward. Customer Acquisition and Validation: Demo your AI solutions to potential customers and receive valuable feedback. This can help refine your product offerings, validate your market fit, and secure new customers for your growing startup. Business Leaders Future-Proofing Businesses: Gain insights into the latest advancements and potential disruptions GenAI can bring to various industries. This strategic foresight allows business leaders to make informed decisions, adapt their business models, and future-proof their organizations for success in the AI-driven future. Identifying New Business Opportunities: Explore how GenAI is being utilized to create innovative products, services, and customer experiences. This can spark inspiration for business leaders to identify new opportunities for growth, disruption, and value creation within their own industries. Investing in the Right Technologies: The summit can help business leaders differentiate between hype and reality in the GenAI landscape. This empowers them to make informed decisions about which GenAI technologies best align with their business goals and optimize their investments. Enhancing Operational Efficiency and Decision-Making: Optimizing Processes with AI: Gain valuable insights into how established companies leverage GenAI to streamline operations, improve efficiency, and reduce costs. This knowledge can be applied to identify areas for improvement within their own organizations and implement AI-powered solutions for greater efficiency. Data-Driven Decision Making: The summit might delve into how GenAI unlocks the power of data for better decision-making. Business leaders can learn how to leverage AI tools for data analysis, generate predictive insights, and make data-driven choices that optimize business outcomes. Identifying and Mitigating Risks: The summit may address potential risks and ethical considerations surrounding GenAI implementation. Business leaders can gain valuable knowledge to navigate these challenges, build trust with stakeholders, and ensure responsible and ethical use of AI within their organizations. Building a Competitive Advantage: Staying Ahead of the Curve: By understanding the latest GenAI applications across industries, business leaders can identify potential threats and opportunities before their competitors. This proactive approach allows them to stay ahead of the curve, gain a competitive edge, and lead their companies towards sustained success. Talent Acquisition and Development: The summit might offer insights into attracting and retaining top AI talent. Business leaders can learn strategies for building strong AI teams, fostering innovation within their organizations, and developing the necessary skillsets within their existing workforce. Strengthening Brand Image: Participation in TheGen AI Summit demonstrates a business leader's commitment to innovation and embracing cutting-edge technologies. This can enhance the company's brand image, attract new investors and partners, and position it as a leader in the GenAI revolution. Networking Opportunities: Connect with industry leaders, fellow business executives, and AI experts. This valuable networking can lead to potential partnerships, collaborations, and knowledge sharing that can propel your business forward. Benchmarking and Best Practices: Learn from the experiences and success stories of other companies already implementing GenAI solutions. Benchmark your strategies against industry leaders and identify areas for improvement within your own organization. Enablers TheGen AI Summit by Inc42 isn't just for startups and established players – it's a breeding ground for collaboration! Here's how enablers, such as cloud service providers, hardware manufacturers, and consultancies, can benefit from attending: Expand Your Reach and Visibility: Connect with Potential Customers: Network with a targeted audience of businesses actively seeking AI solutions. Showcase your capabilities and how your offerings can help them leverage GenAI effectively. Generate leads and establish yourself as a key player within the GenAI ecosystem. Industry Recognition: The summit provides a platform to establish yourself as a thought leader in enabling GenAI technologies. Speaking opportunities or participation in panel discussions can significantly boost your brand recognition within the industry. Media Exposure: Attract media attention through press releases, interviews, or demos during the event. Generate valuable media coverage that positions your company as a frontrunner in enabling GenAI advancements. Stay Ahead of the Curve: Future-Proofing Your Offerings: Gain insights into the latest trends and challenges in GenAI development. This knowledge allows you to adapt your services or products to cater to the evolving needs of the GenAI landscape, ensuring your offerings remain relevant and future-proof. Understanding Customer Needs: Connect directly with businesses implementing GenAI solutions. Gain a deeper understanding of their challenges and pain points. Use these insights to refine your service offerings and tailor them to better address the specific needs of GenAI developers and users. Collaboration Opportunities: Identify potential partners within the GenAI ecosystem. Explore collaboration opportunities with complementary businesses to create a more comprehensive solution stack for GenAI users. This can strengthen your value proposition and expand your market reach. Building Strategic Relationships: Networking with Key Players: Connect with industry leaders, researchers, startups, and established companies. Build valuable relationships that can lead to strategic partnerships, joint ventures, or co-creation opportunities that propel the entire GenAI ecosystem forward. Investor Connect: The summit might attract potential investors seeking promising ventures within the enabling space of GenAI. Network with VCs and angel investors to explore funding opportunities that can fuel your growth and expand your service offerings. Building a Strong Community: The summit fosters a collaborative environment where enablers can connect with like-minded individuals and companies. This allows you to share best practices, exchange knowledge, and build a strong GenAI community that can drive collective innovation. Talent Acquisition: The summit might attract skilled professionals in AI, cloud computing, or hardware development. Network with top talent and potentially discover the perfect individuals to strengthen your team and support your GenAI initiatives. Industry Benchmarking: Learn from the experiences and success stories of other enablers within the GenAI space. Benchmark your services or products against industry leaders and identify areas for improvement to differentiate yourself in the market. FAQs on TheGen.AI Summit What is TheGenAI Summit? TheGenAI Summit 2024 by Inc42 is an exclusive, invite-only gathering that will convene over 250 of India’s foremost minds in technology, startups, and business to decode GenAI’s potential in India’s startup economy. Where will TheGenAI Summit take place? TheGenAI Summit 2024 will take place in the vibrant city of Bangalore. When will more details about the schedule, presentation topics, and companies attending be listed? They’re constantly updating the website to showcase more details to attendees, this is the best place to keep up to date on information ready to be made public. Alternatively, we will also be sending regular updates to your mail inbox. Can I interact with the speakers during the event? After each session, we’ll have a Q&A round where people can pitch in their queries. Do I need to register for each session? No. You get access to all the sessions once you have registered for the event. Individual session registration is not required. How Can Purchase The Ticket? You can purchase the ticket for TheGen.AI Summit 2024 here. Can I transfer my ticket to another person? Once confirmed, your ticket cannot be shared or transferred to another person. I would like to be a partner/sponsor for the event. You can fill up https://inc42.typeform.com/to/Wh0IOqLg to become a sponsor for the event. What types of sponsorship opportunities are available? You can choose to either become a Presenting Partner, a Co-presenting Partner, Powered By or an Associate Partner.

  • Can't Tell the Real from the AI-Generated? Welcome to the Future: Unveiling GenAI Models

    Generative AI (GenAI) models are revolutionizing various fields by pushing the boundaries of content creation and data generation. These powerful models possess the remarkable ability to learn from vast datasets and generate entirely new content, be it text, images, music, or even code. Let's delve into the fascinating world of GenAI models, exploring their capabilities and their potential to transform the future. From Text to Worlds: Unlocking the Power of Language Generation GenAI models are transforming how we interact with and utilize language: Content Creation: Models like GPT-3 and LaMDA from Google AI are capable of generating different forms of written content, from blog posts and marketing copy to scripts and even poems. "AI-powered content creation tools can significantly improve content creation efficiency and overcome writer's block," states a recent article in Harvard Business Review. Real-Time Translation: Models like DeepL and Google Translate are constantly evolving, enabling seamless communication across language barriers. "AI translation is becoming increasingly accurate and nuanced, facilitating global collaboration and understanding," reports a recent study by the World Economic Forum. Chatbots and Virtual Assistants: GenAI models power chatbots and virtual assistants that can engage in natural language conversations, providing information and completing tasks. "AI-powered chatbots can improve customer service experiences and reduce operational costs," highlights a recent survey by Gartner. A recent survey by Boston Consulting Group (BCG) reveals that 62% of companies are already using or piloting AI-powered chatbots in their customer service operations, signifying the growing adoption of GenAI for communication and customer interaction. From Pixels to Products: Revolutionizing Creative Industries GenAI models are disrupting the creative landscape by empowering individuals and businesses to explore new possibilities: Visual Content Creation: Models like DALL-E 2 and Imagen from Google AI allow users to generate unique and creative images based on simple text prompts. "AI is now creating art that rivals human creativity, blurring the lines between human and machine," says Professor Antonio Torralba from MIT. Music Composition: Models like Jukebox from OpenAI and MuseNet from Google AI can compose music in various styles, from classical symphonies to contemporary pop songs. "AI-generated music is no longer a novelty; it's becoming commercially viable," states a recent article on TechCrunch. Product Design: Generative design models explore diverse design possibilities based on specific user needs and constraints. "AI-powered design can lead to faster product development cycles and the creation of innovative and optimized products," states a recent report by McKinsey Global Institute. A report by MarketsandMarkets predicts that the global market for generative design software will reach USD 5.2 billion by 2027, highlighting the significant investment and growth potential of GenAI in various creative fields. From Data Depths to Discovery: Empowering Scientific Research GenAI models are making waves in the scientific realm by accelerating research and discovery: Drug Discovery: Models like AlphaFold from DeepMind and AtomNet from DeepLearning.AI can analyze vast chemical databases and identify potential drug candidates. "AI is speeding up the drug discovery process, leading to faster development of life-saving treatments," explains a recent article in Nature. Material Science: Models like Generative Materials Science Platform (GMSP) from MIT are aiding in the development of new materials with unique properties. "AI is helping us design materials with specific properties at the atomic level, leading to advancements in various fields," states a research paper published in Science. Climate Change Research: Models are being used to analyze climate data and develop predictive models to understand and address the challenges of climate change. "AI can play a crucial role in analyzing climate data and developing solutions for a sustainable future," highlights a report from the World Economic Forum. A study by Accenture estimates that AI could generate an additional USD 3.7 trillion in value across various industries annually by 2030, showcasing the potential economic impact of GenAI in scientific research and development. Ethical Considerations: Navigating the Frontiers of AI As GenAI models continue to evolve, responsible development and ethical considerations are crucial: Bias and Fairness: GenAI models trained on biased data can inherit and perpetuate those biases. It's essential to ensure fairness and inclusivity in model outputs, mitigating potential biases throughout development and deployment stages. GenAI Models: A Future Shaped by Imagination and Responsibility GenAI models offer a glimpse into a future brimming with possibilities. From revolutionizing creative industries to empowering scientific research, the potential for positive impact is undeniable. However, it is crucial to embrace responsible development and ethical considerations to ensure these models are used for the greater good. The question remains: How can we harness the power of GenAI models while mitigating potential risks and ensuring ethical application across various fields? Follow TheGen.ai for Generative AI news, trends, startup stories, and more.

  • GenAI's "Greatest Hits": Unmasking the Power of Closed-Source AI Projects

    While the open-source movement has driven significant advancements in various fields, closed-source Generative AI (GenAI) models are also making substantial contributions. These models, developed and maintained by private companies, offer unique capabilities and are impacting diverse industries. Let's delve into compelling case studies showcasing the power of closed-source GenAI. Case Study 1: Streamlining Drug Discovery with DeepMind AlphaFold Company: DeepMind (acquired by Google) Model: AlphaFold Challenge: Traditionally, drug discovery is a slow and expensive process due to the complex nature of protein structure analysis. Solution: AlphaFold, a closed-source protein structure prediction model, can predict protein structures with unprecedented accuracy. This empowers researchers to identify potential drug candidates faster and more efficiently. Impact: AlphaFold has significantly reduced the time and cost associated with drug discovery, accelerating the development of life-saving treatments. "AlphaFold represents a breakthrough in protein structure prediction, with the potential to revolutionize drug discovery and development timelines," states a recent article in Nature. A report by McKinsey Global Institute estimates that AI-powered drug discovery has the potential to reduce development timelines by 50% and costs by up to 70%, highlighting the significant impact of closed-source GenAI in this crucial field. Case Study 2: Transforming Design with NVIDIA Omniverse Company: NVIDIA Model: Omniverse Challenge: Traditional design processes can be siloed and lack effective collaboration tools. Solution: Omniverse, a closed-source 3D simulation and collaboration platform, allows designers, engineers, and other stakeholders to work together virtually in real-time on complex design projects. Impact: Omniverse fosters seamless collaboration, streamlines design workflows, and enables the creation of more innovative and efficient designs. "AI-powered design platforms like Omniverse are transforming the design landscape, facilitating collaboration and accelerating innovation," highlights a recent study by BCG. A recent survey by Gartner reveals that 40% of manufacturers are planning to adopt AI-powered design tools by 2025, showcasing the growing interest in leveraging closed-source GenAI for design optimization and collaboration. Case Study 3: Enhancing Content Creation with LaMDA from Google AI Company: Google AI Model: LaMDA Challenge: Creating engaging and informative content can be time-consuming and resource-intensive. Solution: LaMDA, a closed-source conversational AI model, can generate human-quality text formats like poems, code, scripts, and even musical pieces. This empowers businesses to create diverse and engaging content more efficiently. Impact: LaMDA assists businesses in content creation tasks, improves customer interactions through chatbots, and personalizes user experiences. "LaMDA showcases the potential of closed-source GenAI for content creation and communication, leading to increased efficiency and personalization," explains a recent article on TechCrunch. (Source: TechCrunch) A report by MarketsandMarkets predicts that the global market for AI-powered content creation will reach USD 42.3 billion by 2027, highlighting the significant commercial potential and growing adoption of closed-source GenAI in various content creation applications. The Future of Closed-Source GenAI: Balancing Innovation and Transparency While closed-source GenAI models offer undeniable advantages, transparency and responsible development remain crucial: Balancing Innovation and Openness: Striking a balance between protecting proprietary technology and fostering collaboration with the broader research community is essential for long-term progress. Addressing Bias and Fairness: Mitigating potential biases in closed-source models requires robust development practices and ongoing monitoring to ensure fair and ethical outcomes. Building Trust and Understanding: Open communication regarding the capabilities and limitations of closed-source models is essential for building trust and ensuring ethical adoption across diverse industries. By fostering responsible development, transparency, and collaboration, closed-source GenAI can continue to play a significant role in unlocking innovation and shaping the future across various fields. Closed-Source AI Projects: Unveiling the Real-World Impact of Top-Secret GenAI Closed-source GenAI models, alongside open-source initiatives, are driving significant advancements in various domains. However, ensuring responsible development, addressing ethical concerns, and fostering collaboration are crucial for maximizing the positive impact of this powerful technology. The question remains: How can we leverage closed-source GenAI responsibly and collaboratively to address complex challenges and unlock the full potential of this technology for the benefit of society? Follow TheGen.ai for Generative AI news, trends, startup stories, and more.

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