Six Words To Focus Your AI Innovation Strategy: Think Big, Start Small, Learn Fast - Insurance Claims News Article

Six Words To Focus Your AI Innovation Strategy: Think Big, Start Small, Learn Fast

Monday, August 21st, 2023 Technology

AI is having quite a moment. One high profile AI app, ChatGPT, has become the fastest growing consumer app in history. It garnered over a million users in its first five days and hit one 100 million active users in just two months. That’s faster than TikTok, which took nine months to reach the same mark, and Instagram, which took 2.5 years.

ChatGPT is one of many recently launched applications using machine learning techniques to identify patterns from very large data sets in order to generate new content.

As its name implies, ChatGPT uses a text-message-like user interface to ‘chat’ with the user. It can generate and tune intelligible (though not always correct) responses to seemingly any prompt, and it can do so in the form of essays, jokes, poetry, recipes, and even computer code in response to user direction. Other apps can generate content in video, art and audio form.


External References & Further Reading
https://www.internationalinsurance.org/index.php/insights_innovation_six_words_to_focus_ai_strategy
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