Here's what experts say about generative AI systems in business

Numerous generative AI systems have emerged in recent years, and millions of people are using them.

according to BBC In the report, John Collins, a former software programmer, systems manager, and technology executive who now works as an industry analyst for a research firm, argues that we are in the midst of an AI “arms race.” said without a doubt.

Colin believes that the current arms race was facilitated by the launch of ChatGPT at the end of 2022. Since then, people are using AI to create text, artwork, and videos every day.

Colin explains that for business leaders, the stakes are high because generative systems are so powerful that they can digest more data in minutes compared to what humans can process in a few lifetimes. did. Business leaders are now realizing what AI can help them and their competitors achieve.

“Fear and greed are what's driving it,” he said. “And that's what creates the avalanche of momentum.”

In the pharmaceutical sector, companies are customizing AI to help discover new compounds to treat diseases, but this is an expensive process.

“We need data scientists and model engineers,” Collins suggested, adding, “We need infrastructure engineers who can build AI platforms.”

Colin believed that big companies will continue to pour money into AI projects, even if it's not always clear what they can accomplish.