Generative AI, such as OpenAI’s ChatGPT, can completely innovate how digital content is developed, Nina Schick, AI advisor, speaker, and thought leader told Yahoo Finance Live (video above).
“I think we could reach 90% of online content generated by AI by 2025, so this technology is massive,” she said. “I think the majority of digital content will start to be produced by AI. You see ChatGPT…but there are a large number of other platforms and applications that will emerge.”
The increased interest in OpenAI’s DALL-E and ChatGPT has facilitated widespread public discussion about AI and its growing role in our world, especially generative AI.
“ChatGPT really captured the public’s imagination in a very compelling way, but I think in a few months, ChatGPT will be seen as another tool powered by this new form of artificial intelligence, known as generative AI,” she said. .
It’s important to understand exactly what generative AI is — and what it isn’t.
“What generative AI can do, essentially, is create new things that until now would have been considered unique to human intelligence or creativity,” she said. “Generative AI can create across all media, so text, video, audio, images — every digital medium can be powered by generative AI. So, I think those ratings you see for OpenAI will actually go up and you’ll start to see more of AI companies with global applications in many industries in 2023.”
This is all still really new, because generative AI applications are ‘just really [been] He’s been on top for the last 24 to 6 months,” Schick added.
“The acceleration is amazing.”
The generative AI space is set to become more competitive next year, said Schick, who expects to see companies like Alphabet (GOOG and GOOGL), Microsoft (MSFT) and Apple (AAPL) do “a lot more” in the space.
Although much has been said about the extent to which ChatGPT may or may not represent an existential threat to Google’s search dominance, Schick said she expects to see Google compete rather than wither.
“There’s been a lot of debate about whether OpenAI is an existential threat to Google — the fact that Microsoft is an investor in OpenAI, the fact that ChatGPT is going to be integrated into Bing, if it’s going to challenge Google’s dominance,” Schick said. “While this is a great story, there is no doubt that Google is developing its AI tools with the amount of data that they have, the amount of data that they have.”
As complex as it may be, how much ChatGPT in its current form is a viable competitor to Google, there is little doubt about the possibilities. Meanwhile, Microsoft has already invested $1 billion in OpenAI, and there is talk of further investment from the tech giant, which owns the search engine Bing. The company is said to be looking to invest another $10 billion in OpenAI.
Ultimately, find the generative AI space to quickly initiate change.
“The pace of acceleration is so amazing that these instruments — which shocked and amazed us at the beginning of 2023 — will look absolutely bizarre by the end of the year because the capabilities are going to increase so aggressively,” Schick said. .
Allie Garfinkle is Senior Technology Correspondent at Yahoo Finance. Follow her on Twitter at @tweet.
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