​Generative AI: Applications & Socio-Economic Implications

Generative AI creates new content, such as text, images, and music, by learning patterns from existing data. It uses models like GPT-4 and GANs to produce realistic and innovative outputs, revolutionizing creative industries and automation tasks.

Applications of Generative AI

• Text Generation: Generative AI models, such as GPT (Generative Pre-trained Transformer), can create human-like text, enabling applications in writing articles, creating marketing copy, and generating reports. For example, OpenAI’s ChatGPT
• Image Generation: Models like DALL-E can generate images from textual descriptions, opening possibilities for graphic design, advertising, and entertainment.
• Music Generation: AI models can compose music, generating melodies, harmonies, and even full ....