| Summary: | ChatGPT, Midjourney, Stable Diffusion, and LLaMA are quickly becoming household names. These tools and many more are categorized as generative AI, a distinct set of techniques within the larger AI field that generate something new: images, text, and even video. In this report, Kyle Stratis, lead machine learning engineer at Vizit Labs, provides the knowledge and insights you need to navigate generative AI. Whether you're a business leader looking to harness generative AI, a developer who wants to know how it could impact your craft, or a hobbyist eager to tinker with it, you'll understand the history, applications, benefits, and potential pitfalls of this cutting-edge technology. You'll discover how to incorporate generative AI in your daily life, business, or creative endeavors to evaluate its return on investment and learn how to implement and manage generative AI initiatives.
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