Simply Defining AI (Artificial Intelligence)

October 24, 2024

By Craig Rosenblum, Principal, Columbus Consulting

According to a report by Gartner, more than one-third of CEOs anticipate that GenAI will lead to a productivity increase of over 15% in their companies within the next two years. With this forecast in mind, it’s essential to clarify the ambiguous terminology surrounding artificial intelligence (AI), machine learning (ML), large language models (LLM), GenAI, GPT, ChatGPT, neural networks, and other related concepts that are commonly discussed today. I had the opportunity to collaborate with Dr. Vivek Farias, the Patrick J. McGovern (1959) Professor at the MIT Sloan School, who effectively defined and simplified Artificial Intelligence, and I’d like to share it with you.

  • Machine Learning: All about working with structured data
  • GenAI and Deep Learning: Allows us to work with unstructured data — text, images, video,..
  • GPT: Is simply a very large autocomplete model trained on all of the internet
  • ChatGPT: Was built with some further ‘fine tuning’ on a relatively tiny set of human curated questions & answers

Read the full article here.