Generative AI refers to a type of artificial intelligence technology that is capable of generating new content, such as text, images, and even music, that has never been seen or heard before. The technology operates by applying sophisticated algorithms and machine learning techniques to scrutinize and comprehend patterns present in existing data, and then employs this understanding to generate new content that is akin in style or context.
Recently, there has been a significant upsurge of interest in generative AI, with many technology firms investing extensively in developing new and improved algorithms and models, including Google and Microsoft. These recent iterations of text and image generators have displayed remarkable capabilities, with some models able to create original content that rivals human output.
The rise of AI has sparked concerns among many individuals about the potential loss of jobs. For instance, some artists fear that the increasing availability of AI-powered art tools may threaten their livelihoods. However, it’s worth noting that AI systems primarily generate content based on existing data. While AI has made significant progress in producing outputs that resemble human creations, it’s still limited in generating truly original and unique content at this point.
As we advance into the next phase of the digital age, the Visual Capitalist team has compiled a fundamental overview of the critical generative AI processes that one should be familiar with. This summary aims to offer additional context on what these systems are and how they operate.
Check out the full infographic below.
