Artificial Intelligence is revolutionizing businesses around the world and saving them millions of dollars. One company, Certn, has developed an AI-powered bot that conducts phone calls with references for employee background checks. This bot has proved to be faster and more effective than human employees, turning a previously unprofitable product into one that contributes to the company’s bottom line.
Since the release of OpenAI’s ChatGPT, companies of all sizes have been looking to harness the potential of generative AI. A global survey found that nearly 90% of technology leaders already use generative AI, and the number of generative AI projects has surged by 150% in recent months.
Startups, in particular, are benefiting from generative AI as it allows them to scale up with less financing and frees up resources. This technology has become a game-changer for businesses, prompting experts to encourage companies to adopt it immediately.
However, there are some serious pitfalls to consider. Generative AI is prone to producing factual errors and lacks the capability to reason. It can also amplify biases and create privacy risks. Additionally, the costs of implementing and maintaining generative AI may increase as providers seek to profit from it.
Despite these concerns, many companies are already reaping the benefits of generative AI. It is being used to automate rote tasks, produce computer code, and handle customer service inquiries. The enthusiasm for this technology is only growing, with companies expecting even more benefits in the future.
So, what do you think of generative AI? Do you agree with the hype, or do you believe it is too risky? Comment below and let us know your thoughts!
Don’t miss out on the generative AI revolution – the tide is rising, and you don’t want to be left behind!
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