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  • Octos Admin
  • June 26, 2023

Emerging Trends in Generative AI

Over the past decade alone, Artificial Intelligence (AI) has gone from being a buzzword to a household term. As per research by Gartner, AI augmentation has solely accounted for over $1.3 trillion of business revenue in 2020; and this was before the boom in Generative AI that took the technology mainstream. Even within AI communities, generative AI has been making headlines over the past year for its incredible potential in impacting human lives. Before we explore these amazing trends any further, let’s take a dive into the basics of Generative AI and how it works.

What is Generative AI?

Generative AI refers to deep learning models that are able to learn from input data and generate new examples with similar statistical properties. These models belong to a larger class of machine learning algorithms and have been developed thanks to an innovative model called Generative Adversarial Networks or GAN. These neural networks differ from predecessors in the fact that they have a generator for generating the data as well as a discriminator for evaluating the authenticity of the data. This allows the model to verify the result of the generator before presenting it as output to the user.

How Does Generative AI Work?

Generative AI works by training on vast amounts of data. The training data can be anything from images to music, or even large amounts of scientific data such as molecules. The AI is able to analyze the data and learn the statistical patterns within it to start generating similar results. Once the AI model is adequately trained, it can start generating results that fit within the learned framework and are legitimate for users. The magic happens during the training process where the AI model has to alternate back and forth between the generator and the discriminator, thereby improving its ability to create realistic data with each new cycle.

Emerging Trends in Generative AI

Now that we’re through with the basics, let’s explore some of the more interesting trends that have recently emerged in Generative AI:

The Artistic Genius of AI: Generative AI has swiftly penetrated the world of art and design, serving as the invisible hand behind awe-inspiring masterpieces and innovative designs. Think of GANs such as Midjourney, DAL-E, and Stable Diffusion as the modern-day Michelangelo, creating breathtaking artwork that fetches sky-high prices in the competitive market of fine art. You cannot forget the infamous "Portrait of Edmond de Belamy," a work of art birthed by a GAN model under the art collective Obvious. This piece, intriguingly devoid of human touch, fetched a staggering $432,500 at the esteemed Christie's auction.
AI, the Maestro of Music: The symphony of AI is resonating within the corridors of the music industry. Generative AI models such as Amper Music, AIVA, and OpenAI's MuseNet are not just analyzing, but also composing original music, blurring the lines between man and machine in defining the term "composer".
AI's Foray into Content Creation: In the realm of content creation, OpenAI's ChatGPT has been nothing short of a revelation. This generative AI model can conjure human-like text that would make even the most accomplished writers give a second glance. It's not just about writing articles or drafting emails, ChatGPT has ventured into creating poetry and generating code. This breakthrough gives a whole new meaning to the concept of automation, stretching it beyond mundane tasks to embrace activities hitherto considered as strictly human domains.
Generative AI in Drug Discovery: The health sector is witnessing a transformative wave with the adoption of generative AI. The technology is playing a pivotal role in drug discovery, where AI models, trained on vast databases of molecular structures, are generating potential new drug candidates. The prospect of significantly accelerating the traditionally long and costly drug discovery process is a testament to the life-altering impact of AI.
The Deepfake Dilemma: Deepfakes, powered by generative AI, are offering a stark glimpse into the future of digital deception with their uncanny realism. Despite the ethical predicaments, the technology behind deepfakes holds promise for applications in entertainment and media, such as generating CGI characters or dubbing films in different languages.
The Personal Touch of AI: Generative AI is paving the way for personalized experiences that hit the sweet spot for consumers. In the gaming world, AI can conjure up personalized levels or characters, reflecting a player's unique style or preferences. Similarly, e-commerce platforms are leveraging AI to provide personalized product recommendations, turning shopping into a tailor-made experience based on a customer's buying history and browsing behavior.

In conclusion, the recent emerging trends in Generative AI have been nothing short of revolutionary. This has allowed humans to explore new levels of creativity, while also being potential tools for misuse. The Age of AI brings with it a need to better protect yourself while also making the best out of these innovative tools available to us. To learn to better safeguard yourself online, feel free to get in touch with our team at Octos Global today.

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