Check out the Israel Data Stack: the ultimate resource for Israeli data companies.

Ready Or Not: 3 Points To Consider As Generative AI Tools Rush To Market

Ready Or Not: 3 Points To Consider As Generative AI Tools Rush To Market
Shay David
April 18, 2023

The rapid development of generative AI models, such as ChatGPT, has sparked a new era of thinking machines. These models, including Bing AI and Google Bard, are competing to claim superiority in the AI space. While there is potential in these technologies, they still have limitations and are not fully enterprise-level solutions.

AI should be viewed as a tool rather than a threat. It can enhance human experiences and free up time for more creative contributions when applied to repetitive tasks. In the HR arena, AI-driven tools can uncover hidden talent and identify new opportunities.

Responsible AI goes beyond content filtering. Designing AI products with responsible components is crucial, as seen in HR tech where regulations are being introduced to prevent unintended bias in hiring processes.

The notion of "better" is subjective. Competing AI models often make bold claims about their superiority, but what works best in one scenario may not be advantageous in another. Industry-specific AI tools that cater to specific tasks and utilize industry knowledge are crucial for businesses. These tools provide contractual assurances and performance metrics that open chatbots cannot offer.

As the consumer-facing generative AI race continues, both advancements and missteps are expected. It is important to approach AI with curiosity and recognize its potential while being mindful of its limitations.

Read more in Forbes