Unlocking the Future: Generative AI’s Impact on Business

International Journal of Multidisciplinary and Scientific Emerging Research 10 (3):1412-1422 (2022)
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Abstract

Generative Artificial Intelligence (AI) is transforming business landscapes by enabling companies to innovate, optimize, and enhance productivity in ways that were previously unimaginable. By harnessing the power of advanced algorithms such as Generative Adversarial Networks (GANs), Variational Autoencoders (VAEs), and Transformer models, generative AI is unlocking new avenues for automation, creativity, and decision-making in industries ranging from marketing and finance to manufacturing and customer service. This paper explores the diverse applications of generative AI in business, focusing on its ability to generate content, streamline processes, and enhance product development. We also examine the challenges and ethical considerations associated with integrating AI into business models and discuss the future implications of AI-driven transformation across various sectors. As businesses continue to evolve in the digital age, generative AI is set to play a pivotal role in shaping the future of work and innovation.

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