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AI Demystified

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AI Demystified

Unleash the Power of Artificial Intelligence at Work

FT Publishing,

15 min read
8 take-aways
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What's inside?

Generative AI is a general-purpose technology that will provide countless future benefits.

Editorial Rating

8

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  • Applicable
  • Well Structured
  • For Beginners

Recommendation

Artificial intelligence has existed since the 1950s, but generative AI tools like ChatGPT have the potential to completely transform people’s personal and working lives, senior AI adviser Antonio Weiss writes. Still, even major technological innovations don’t change the world overnight, and the same will likely be true for generative AI: This is just the dawn of the generative AI era. The important thing is to get ahead of the curve. Weiss offers a non-technical guide for how you and your organization can become active participants in the still-young generative AI revolution.

Summary

Generative AI is a general-purpose technology.

Originating in successful code-breaking efforts during the Second World War, artificial intelligence (AI) was always an effort to teach machines to think more or less like humans, but with the speed and accuracy computers are capable of at any given stage in their evolution. In its early incarnations, AI was defined by a set of rules it was programmed to deploy, and for that reason, the sophistication of the tasks AI was able to effectively perform was limited.

Generative AI is different. Its possible applications are manifold. Generative AI can produce novel ideas and content, and thereby solve problems in creative ways. Trained on vast amounts of data from text, images, video, and sound, generative AIs like OpenAI’s ChatGPT deploy large language models (LLMs), in particular, transformers, to determine the statistical relationship between text, visuals, or sounds in sequence and to predict what word, image, or sound will come next. Generative AI models can analyze data and make predictions in a wide variety of areas. And these models can be set up so they continuously improve as...

About the Author

Antonio Weiss is a senior partner at The PSC, the UK’s longest-standing public service specialist consultancy. He has advised the Office for Artificial Intelligence and other organizations seeking AI adoption and digital transformation. He is also an affiliated researcher at the University of Cambridge’s Digital State program.

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