Integration of Generative AI to Drive Transformation in Multiple Industries
IT experts believe that generative AI will play a transformative role this year, akin to a magic wand that changes the world. According to Gartner, an information technology (IT) research and consulting company, the use of generative AI will increase substantially by 2026, with more than 80 percent of businesses integrating generative AI into their operations. This shift is expected to have a significant impact on multiple industries, as generative AI is adopted for various applications such as the creation of text, images, videos, computer codes, and more.
The Rise of Multi-Modal Expression in Generative AI
In the past year, generative AI tools and algorithms have primarily focused on a single media type, such as text, images, speech, or video. However, with the emergence of models like GPT-4, generative AI is now shifting towards multi-modal expression. This means that generative AI will be able to handle diverse forms of data simultaneously, allowing for more convenient and natural human-machine communication. For example, models like ChatGPT can now accept non-textual cues, such as images, creating a more interactive and immersive experience for users.
Auto Agents: Enabling Rapid and Efficient Task Execution
In the past, generative AI operated mainly through user-driven prompts, using a “question and answer” format. However, scientists are now researching auto agent technology, which allows generative AI systems to both generate and respond to prompts. This advancement enables tasks to be performed more rapidly and efficiently. AutoGPT, for instance, is a recent example of an auto agent system that has raised significant funding. The goal is to develop this technology into a large-scale open-source AI platform that serves various industries.
Personalised Generative AI: Tailoring Content to User Preferences
Personalisation is a key trend in generative AI. Computer companies are currently researching and developing AI personal computers, while chip companies are working on AI-embedded mobile processors. These advancements enable generative AI applications to operate locally on personal devices, improving privacy protection and security. Moreover, by analysing user-specific data, generative AI can optimise its performance based on individual characteristics and requirements, providing tailored content and task execution. This not only addresses privacy concerns but also saves consumers time and effort.
Generative AI’s Role in 6G Technology and Connective Intelligence
Generative AI is expected to play a significant role in the development of 6G mobile technology. As work continues on setting and agreeing upon 6G standards, generative AI can be applied to various aspects of the network, such as resource management and network optimisation. Furthermore, generative AI meets the demands of connective intelligence, which aims to enable real-time, reliable, and ubiquitous interaction and communication between humans, the physical world, and the digital world. This decentralised intelligence facilitates sharing discoveries and experiences, enhancing user interactions and experiences.
Conclusion
By the end of 2024, generative AI will have a transformative impact on various industries. With its powerful analysis and predictive capabilities, generative AI can help handle complex tasks and provide real-time solutions and recommendations. Additionally, through personalised recommendation systems and intelligent assistant features, generative AI can gain a deep understanding of user preferences and needs, enhancing user experiences in areas such as shopping, travel, entertainment, and social interaction. However, as generative AI becomes more prevalent, attention must be given to ethical, privacy, and copyright issues to ensure responsible development and prevent misuse of this technology.
Analyst comment
Positive news: The integration of generative AI is expected to have a significant impact on multiple industries, with more than 80% of businesses integrating it into their operations by 2026. It will enable rapid and efficient task execution, personalized content, and have a role in the development of 6G technology. By the end of 2024, generative AI will transform various industries, providing real-time solutions and enhancing user experiences. However, ethical, privacy, and copyright concerns must be addressed to ensure responsible development.
