Generative AI, also known as creative AI, is a technology that uses machine learning algorithms to create new content such as images, videos, music, and text. Unlike traditional AI, which is used to recognize patterns and make predictions based on existing data, generative AI can create new and original content that has never been seen before. Generative AI has the potential to revolutionise the creative industries by providing artists, designers, and musicians with new tools for inspiration and innovation. It can also be used in a variety of other fields, such as healthcare, finance, and education, to generate new ideas and solutions.
In this CIOMajlis event, we explored the applications of generative AI across various industries and discussed the challenges and opportunities presented by this new technology. We also discussed the ethical considerations of using generative AI, such as the potential for bias and the implications for intellectual property rights. Finally, we explored how organisations can incorporate generative AI into their workflows and leverage its potential for innovation and growth.