Generative artificial intelligence (AI), a hot topic in the tech world, is transforming how businesses approach analytics. While it’s often associated with creating content like text, images or even music, its ability to generate data-driven insights is what’s really capturing the attention of industries. This important and interesting topic came to us from CMS Wire in their article, “From Raw Data to Riches: Marketing Analytics With Generative AI.”
Generative AI is a game-changer for analytics because it doesn’t just analyze the past—it can simulate future scenarios. This ability to create potential outcomes opens the door to deeper insights and more informed decision-making.
Of course, like any technology, generative AI comes with its own set of challenges. One major concern is the potential for bias in the generated data, which can skew insights. It’s crucial for businesses to ensure that their AI models are trained on diverse and representative datasets.
As generative AI continues to evolve, its role in analytics is likely to grow even more significant. We’re just scratching the surface of what’s possible. Imagine AI that not only predicts future trends but also generates solutions, helping businesses not just react to changes but proactively shape their future.
However, you have to understand the technology and how it works to get the most from it. Access Innovations knows information science and scholarly publishing. We also know AI and are uniquely positioned to get the most out of the new AI engines. We use various techniques to enhance your data and train focused language models so that you get better results.
Melody K. Smith
Sponsored by Access Innovations, uniquely positioned to help you in your AI journey.