Artificial Intelligence (AI) is revolutionizing industries, workplaces, and daily life by simulating human intelligence through machines. As New Delhi prepares for a significant AI summit, understanding key terms is essential.
Key AI Concepts:
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Artificial Intelligence: Machines simulating human tasks like language understanding and decision-making by learning from data rather than following pre-set rules.
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Large Language Model (LLM): AI models trained on enormous datasets to generate human-like language, powering chatbots and writing assistants (e.g., GPT-4).
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Generative AI: AI capable of creating new content—text, images, or music—based on prompts, utilized in marketing and customer service.
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Use Cases: Practical applications of AI, including fraud detection and personalized recommendations.
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Algorithms: Instructions guiding AI behavior.
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AI Guardrails: Safeguards ensuring ethical and safe operations.
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Bias and Hallucination: Issues arising from flawed data or incorrect outputs.
Understanding these terms enhances comprehension of AI’s transformative potential.
