June 2023

As we discussed in our Inaugural piece on AI, we believe the recent acceleration of Artificial Intelligence (AI) is the most disruptive development since the dawn of the Internet itself. We will see more use cases of generative AI as the technology continues to improve at a rapid pace. Generative AI refers to the type of AI that can “generate” new content such as text or images based on a previously learned set of data. ChatGPT and Midjourney are good examples of this. By contrast, Artificial General Intelligence (AGI) refers to AI systems that possess human-like intelligence and cognitive abilities. For now, AGI mainstream use cases are still on the horizon.

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