In the demanding business world today, enterprises need to rapidly adopt various technologies to accelerate the growth of their business. For this reason, business leaders are required to know and understand every potential technology that can help in moving their business forward. In 2021, Gartner had listed Generative AI as one of the Top Strategic Technology Trends for 2022 that will give promising results to the business growth in the future. How Generative AI helps in business and innovation?
Generative AI is an AI solution that refers to program that enable machines to utilise certain algorithms to create similar new content from the original resources such as images, texts, audio files and codes. It offers many applications that can contribute in innovation of products. For example,
(i) Semantic-Image-to-Photo Conversion
Generative AI enables the conversion of input from semantic images into realistic photo.
(ii) Image-to-image conversion
Generative AI allows the conversion of images such as changing black and white photo into colour photograph or translating a photo into an artistic painting.
(iii) Text-to-image conversion
Generative AI gives the ability to translate a description into realistic photo.
With this capabilities, businesses can generate images of products from a sketch and present the end products outcome according to customers demands even before the product is produced.
The contributions of Generative AI has progressed into having the capabilities of accelerating the production of new organic materials. This allows businesses in that field to create synthetic materials that resembles the genuine materials hence improves the quality of the products and also enhances customer experience and satisfaction.
All in all, Artificial Intelligence (AI) had changed a lot of aspect of business and will transform more in the future as AI solutions like Generative AI matures with the advancement of technology and progress in research.
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For more reading on Generative AI, click the link below:
What is generative artificial intelligence or generative AI?
