Lexology June 8, 2023
*Article originally posted on IAPP.org*
The explosive growth of ChatGPT and other generative artificial intelligence platforms has highlighted the promise of AI to every business leader and investor. ChatGPT is a generative AI language model — a type of machine learning — that allows users to ask questions and receive answers in a manner that mimics human conversation.
The irony is that while ChatGPT and similar generative AI applications have captured the headlines, other types of AI have been in development and use for quite some time. Many powerful AI business applications, for example, rely on other forms of machine learning that have seen recent dramatic improvements in performance. Regardless, the arrival of ChatGPT marks a significant inflection point in...