Generative AI as Technology Impetus

Milan's Outlook
Techno Leeway
Published in
7 min readOct 27, 2023

Generative AI is a type of artificial intelligence that can create new content, such as text, images, code, and music. It is a powerful technology that has the potential to revolutionize many industries and aspects of our lives.

Here are some specific ways that generative AI is catalyzing technological advancement:

  • Generative AI is enabling the development of new machine-learning models. Generative AI can be used to generate synthetic data, which can then be used to train machine learning models. This is especially useful for training models on tasks where it is difficult or expensive to collect real-world data.
  • Generative AI is accelerating the development of new products and services. Generative AI can be used to prototype new product designs, generate marketing materials, and create personalized customer experiences. This can help businesses to launch new products and services faster and more efficiently.
  • Generative AI is making technology more accessible and inclusive. Generative AI can be used to translate languages, generate captions for videos, and create personalized learning experiences. This can help people with disabilities and people who speak non-dominant languages to participate more fully in the digital world.

Here are some examples of how generative AI is being used as a technology Impetus:

  • In healthcare, generative AI is being used to develop new drugs and treatments, diagnose diseases, and create personalized treatment plans. For example, generative AI models are being used to design new drugs that are more effective and have fewer side effects. They are also being used to analyze medical images to identify tumors and other abnormalities.
  • In manufacturing, generative AI is being used to design new products, improve manufacturing processes, and predict machine failures. For example, generative AI models are being used to design new cars that are more fuel-efficient and safer. They are also being used to optimize production schedules and identify potential problems before they occur.
  • In media and entertainment, generative AI is being used to create new forms of art and entertainment, such as AI-generated music and videos. For example, generative AI models are being used to create realistic digital avatars that can be used in movies and video games. They are also being used to generate personalized music playlists and create new forms of interactive storytelling.
  • In education, generative AI is being used to create personalized learning experiences and develop new educational tools. For example, generative AI models are being used to create personalized practice problems for students and develop interactive learning simulations.
  • In customer service, generative AI is being used to create chatbots and other virtual assistants that can provide customer support 24/7. For example, generative AI models are being used to develop chatbots that can answer customer questions, resolve issues, and even provide personalized recommendations.

These are just a few examples of how generative AI is being used as a technology catalyst. As generative AI continues to develop and become more widely adopted, we can expect to see even more innovative and transformative applications in the future.

Overall, generative AI is a powerful technology that is having a significant impact on technological advancement. It is catalyzing the development of new machine learning models, accelerating the development of new products and services, and making technology more accessible and inclusive.

As generative AI continues to develop and become more widely adopted, we can expect to see even more innovative and transformative applications in the future.

How customer operations could be transformed?

Interactive Self-Service Chatbot for Customers

The customer interacts with an Interactive self-service chatbot more like a human which delivers immediate, personalized responses to complex inquiries, ensuring a consistent brand voice regardless of customer language or location.

Customer & Agent Interactions

A human agent could use AI-developed call scripts and receive real-time assistance and suggestions for responses during their phone conversations. Agents would also instantly access relevant customer data for tailored and real-time information delivery.

Agent self-improvement

Agent receives a summarization of the conversation in a few succinct points to create a record of customer complaints and actions taken. The agent uses automated, personalized insights generated by AI, including tailored follow-up messages or personalized coaching suggestions.

Generative AI has taken hold rapidly in marketing and sales functions, in which text-based communications and personalization at scale are driving forces. The technology can create personalized messages tailored to individual customer interests, preferences, and behaviors, as well as do tasks such as producing first drafts of brand advertising, headlines, slogans, social media posts, and product descriptions.

How marketing and sales could be transformed?

Strategy Creation

Sales and marketing professionals would efficiently gather market trends and customer information from unstructured data sources. For example, social media, news, research, product information, and customer feedback and draft effective marketing and sales communications.

Marketing Awareness

Marketing awareness is the degree to which consumers are familiar with a brand and its products or services. It is a key metric for measuring the success of marketing campaigns and building brand equity. Customers see campaigns tailored to their segment, language, and demographic.

Consideration of Products

Customers can access comprehensive information, comparisons, and dynamic recommendations, such as personal “try ons.”

Conversion via Virtual Sales

Virtual sales representatives enabled by generative AI emulate humanlike qualities — such as empathy, personalized communication, and natural language processing — to build trust and rapport with customers.

Retention

Customers are more likely to be retained with customized messages and rewards, and they can interact with AI-powered customer-support chatbots that manage the relationship proactively, with fewer escalations to human agents.

Generative AI has taken hold rapidly in marketing and sales functions, in which text-based communications and personalization at scale are driving forces. The technology can create personalized messages tailored to individual customer interests, preferences, and behaviors, as well as do tasks such as producing first drafts of brand advertising, headlines, slogans, social media posts, and product descriptions.

How software engineering could be transformed?

Inception and planning

Software engineers and product managers use generative AI to assist in analyzing, cleaning, and labeling large volumes of data, such as user feedback, market trends, and existing system logs .

System design

Engineers use generative AI to create multiple IT architecture designs and iterate on the potential configurations, accelerating system design, and allowing faster time to market.

Coding

Engineers are assisted by AI tools that can code, reducing development time by assisting with drafts, rapidly finding prompts, and serving as an easily navigable knowledge base.

Testing

Engineers employ algorithms that can enhance functional and performance testing to ensure quality and can generate test cases and test data automatically.

Maintenance

Engineers use AI insights on system logs, user feedback, and performance data to help diagnose issues, suggest fixes, and predict other high-priority areas of improvement.

Treating computer languages as just another language opens new possibilities for software engineering. Software engineers can use generative AI in pair programming and to do augmented coding and train LLMs to develop applications that generate code when given a natural-language prompt describing what that code should do.

How product R&D could be transformed?

Early research analysis

Researchers use generative AI to enhance market reporting, ideation, and product or solution drafting.

Virtual design

Researchers use generative AI to generate prompt-based drafts and designs, allowing them to iterate quickly with more design options.

Virtual simulations

Researchers accelerate and optimize the virtual simulation phase if combined with new deep learning generative design techniques.

Physical test planning

Researchers optimize test cases for more efficient testing, reducing the time required for physical build and testing.

Use Generative AI responsibly!

Generative AI poses a variety of risks. Stakeholders will want to address these risks from the start

Fairness: Models may generate algorithmic bias due to imperfect training data or decisions made by the engineers developing the models.

Intellectual property (IP): Training data and model outputs can generate significant IP risks, including infringing on copyrighted, trademarked, patented, or otherwise legally protected materials. Even when using a provider’s generative AI tool, organizations will need to understand what data went into training and how it’s used in tool outputs.

Privacy: Privacy concerns could arise if users input information that later ends up in model outputs in a form that makes individuals identifiable. Generative AI could also be used to create and disseminate malicious content such as disinformation, deepfakes, and hate speech.

Security: Generative AI may be used by bad actors to accelerate the sophistication and speed of cyberattacks. It also can be manipulated to provide malicious outputs. For example, through a technique called prompt injection, a third party gives a model new instructions that trick the model into delivering an output unintended by the model producer and end user.

Reliability: Models can produce different answers to the same prompts, impeding the user’s ability to assess the accuracy and reliability of outputs.

As generative AI continues to develop and become more widely adopted, we can expect to see even more innovative and transformative applications in the future.

Author

Milan Dhore, M.S (Data Analytics)

Cloud Strategic Leader | Enterprise Transformation Leader | AI |ML

Certified in TOGAF, AWS, ML, AI, Architecture, Snowflake, Six Sigma, NCFM, Excellence Award in Advance Data Analytics, Financial Market …. Know More- www.milanoutlook.com

--

--

Milan's Outlook
Techno Leeway

Milan Dhore,Growth-Driven Enterprise Strategist & Transformation Leader | Pioneering Leader in Cloud, Generative AI, ML,and Emerging Technologies