Traditional AI

Nearly a year after the launch of ChatGPT, organizations are scrambling to adopt generative AI in order to gain a new competitive advantage or prevent competitors from adopting the same technology. However, this raises the question:Is there still a place for traditional forms of AI, especially predictive models based on machine learning algorithms? Source Note: Image generated by AI, image licensed to Midjourney As we head into 2023, McKinsey's latest AI report suggests that generative AI is having its "breakout year," with one-third of the organizations surveyed saying they are already using generative AI on a regular basis. ...