Understanding the Magic of GenAI: the “Next Word Predictor”
SMRTR summary
Generative AI has evolved from a tech trend to a transformative economic force. It uses deep learning to predict likely outputs based on extensive training data, relying heavily on GPUs. NVIDIA dominates the GPU market, benefiting from high AI-related demand. However, concerns exist about an investment bubble as startups rebrand automation as AI for funding. The article advises caution and evaluation of GenAI products based on their problem-solving capabilities rather than demos.
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