Folk, as we all know, Artificial Intelligence is reaching its peak with every passing day and every development in the area; the technology is also making a significant impact on the software used to make a global change. I know, folks, the moment I say the softer side of artificial intelligence software, many of you might have thought about Chat GPT, and why not? Well, there is more to the picture than the Chat GPT and the progress it shows to the world. I know, folks, Artificial Intelligence is a topic is of interest to many today, as with each day, the technology is growing at a rapid pace and shocking the world; I am sure folks you want to know more about the softer side of Artificial intelligence software so without any delay let’s get to the details of it.
What is Artificial Intelligence?
Well, folks, many of you are not yet aware of the term Artificial Intelligence here; we have given you a definition according to Britannica. Have a look at it.
“artificial intelligence or AI is the ability of a digital computer or computer-controlled robot to perform tasks commonly associated with intelligent beings. The term is frequently applied to the project of developing systems endowed with the intellectual processes characteristic of humans, such as the ability to reason, discover meaning, generalize, or learn from experience.”
How was the Term Artificial Intelligence Coined?
Well, folks, many of us might have thought about it at some point in time that the term Artificial Intelligence must have been coined by someone or somewhere. So, let me tell you that after the war, Merrill Flood, Ph.D., who had written a research paper at the Rand Corporation and later at the University of Michigan, MIT, Princeton, and other institutions, was involved in the famous game theory, mathematical solutions to many different problems which include both social and issues of different industries of the day also included the research into human-computer interaction and what was later termed as “Artificial Intelligence.”
Folks, you will be surprised to know that some of the cohorts of that time included the names of developers of things who developed Cybernetics along with early researchers. Cybernetics was first named and described by Norbert Wiener in his seminal book.
Well, folks, we have more to share with you, so keep reading to know more.
AI is the New IT Megatrend
Folks, many of you must be aware of it that AI is focusing on supercomputing hardware needs, which are for machine learning and language model processing. Recently, the megatrend in AI has suddenly seen a rise to the forefront with the introduction of the Chat GPT.
As we all know that there is a lot of hype around Chat GPT’s potential and the other generative AI apps; not only this, but it has also created momentum in the several artificial intelligence stocks of the software. Isn’t it amazing how AI is advancing at a fast pace?
The company has also managed to create another AI app for the masses which is called Open AI, and it is backed up heavily by Microsoft. Not only this, but Microsoft has also incorporated the technology into its Bing Search engine and the Edge browser. As per the CEO Satya Nadella- “AI will fundamentally change every software category, starting with the largest category of all – search. Today, we’re launching Bing and Edge powered by AI copilot and chat to help people get more from search and the web.”
How is ChatGPT built?
Well, folks the Chat GPT is built using the GPT-4 large language model, and GPT-4 LLM was created by OpenAI it was also announced in March 2023 which was an update to the GPT-3. Folks, let me tell you that the model of GPT-4 is a multi-modal model that means which is capable of exhibiting human-level performance.
The company is also been testing ChatGPT for the text input with GPT-4 and currently has a waitlist for testers who are interested in trying it out. When it comes to image input, the company has developed an AI which is the Dall-E, and it is capable of generating realistic images.
Business Front of Microsoft
Well, folks, since we have told you about Microsoft focusing on the AI business, it is now time for me to tell you about the business which Microsoft will be generating from the AI industry. I hope you all find the article insightful, so keep reading to know more.
Microsoft has seen a rise in share price from more than 20% and the since the start of 2023, it is partly because of the momentum it is seeing from the AI revolution that has just started, and it is also due to the excitement which is regarding the ChatGPT.
It is also pinning its bet on the prospect that AI will be accelerating the business significantly for years to come, and it will be based on the recent multi-million dollar investment in OpenAI.
However, the benefits of AI to Microsoft are not discretely obvious yet. Some of them believe that the AI mega trends are just getting started, leading to growth, and Microsoft’s stock will currently be undervalued despite a big YTD price jump.
Google AI Trends and Bard
Since we have discussed Microsoft, how can we miss out on Google? Not to be outdone by Microsoft, the stocks are owned by the [aren’t a company which is Alphabet (GOOG) and it has also announced its own generative AI tool which they have decided to call Bard.
When you search on Bing or Google webpage, you will be seeing a webpage that has a description of the Google AI tool, which is Bard. Its webpage of Bard will be explaining the reasons why Google has announced it as an “early experiment,” and you will be surprised to know that sounds similar to Microsoft’s reasons.
Conclusion
That’s all, folks. I hope the article helped you in getting all the information that you needed.
