Have you heard of generative AI? It’s the technology that helps computers learn and create things on their own. I wrote this blog using Grammarly, which is a form of AI, but ChatGPT is the most popular of the AI technologies out there. According to Mint, it is the fastest technology to hit 100m users, doing what took Facebook 4.5 years and the mobile phone 16 years in two months.
In the next seven years, AI’s impact on retail will be even more significant than that of big stores like Walmart and Target in the 1990s.
I asked ChatGPT to define generative AI with an example.