Top 10 AI Tools for SMEs

24 Jun 2024 Blog

Statistics show that more than 9 in 10 leading businesses have ongoing investments in artificial intelligence and AI tools.

GenAIcan help small companies level the playing field. Generative models are changing the way we think about machine intelligence and creativity, and have the potential to transform every industry in every geography.

Producing high-quality, consistent, and engaging content has often been a luxury beyond the reach of small enterprises (SMEs). But now, even a ‘ma and pa’ startup can leverage generative AI to create vivid product descriptions and imagery, as well as ads, all while keeping costs under control.

According to Sharad Agarwal, CEO of Cyber Gear, “Generative AI has the potential to close content, insight, and technology gaps that large corporations typically have over smaller businesses. This tectonic shift presents a unique opportunity for SMEs, whose inherent agility gives them an edge in adopting and innovating with AI.”

Here are some of the other benefits of using AI tools for small business operations.

  1. Increased efficiency & productivity: AI tools can improve employee efficiency and productivity by automating manual tasks, saving time, and reducing errors.
  2. Cost cutting: AI can significantly lower business operational costs by streamlining operations and automating manual tasks.
  3. Personalized customer services: Advanced AI tools and chatbots can help small businesses personalize the customer experience at scale, maximizing customer retention and sales.
  4. Reduced workforce: AI can handle manual and repetitive tasks, so investing in efficient AI tools can help businesses significantly reduce their workforce.
  5. Increased profitability: Increased efficiency & productivity and reduced workforce and overall costs ultimately help you increase business profitability.

Cyber Gear has prepared a comprehensive report to help SMEs leverage the power of AI to jumpstart their business. The report can be downloaded at AI Unplugged.

Cyber Gear Launches New Report, The Rise Of AI In Cybersecurity

20 Jun 2024 Blog

As cyber threats continue to grow in complexity and scale, AI offers transformative solutions that enable cybersecurity professionals to stay ahead of the curve.

According to Sharad Agarwal, CEO of Cyber Gear, “With the rapid increase in cyberattacks, traditional methods of threat detection and response are no longer sufficient. AI technologies provide the capability to analyze vast amounts of data, identify patterns, and predict potential threats before they can cause harm. This shift from reactive to proactive cybersecurity strategies is critical for staying ahead of threat actors who are also leveraging AI to enhance their attacks.”

Predictive AI is a critical necessity in the field of cybersecurity. By analyzing historical and real-time data, predictive AI models can identify anomalies and low-signal indicators that might precede a cyberattack. The ability to infer these signals from a large volume of data is the holy grail for data scientists and cybersecurity experts alike.

For cybersecurity professionals, integrating AI into your defense strategy is not just an option, it’s an absolute necessity.

Here are some steps to effectively harness the power of AI in your organisation:

  1. Invest in AI Training: Ensure that your team is well-versed in AI technologies and their applications in cybersecurity.
  2. Leverage Advanced Tools: Adopt AI-powered cybersecurity tools that offer a combination of predictive and generative capabilities.
  3. Evaluate Potential Solutions Based on Outcomes: Ask the right questions. Has the AI-powered solution been independently tested? Does it have a low false positive rate? If it utilizes generative AI for analysts, is time-consuming context switching or prompt creation required?

By augmenting human expertise with advanced technology, AI is fueling a new era of cyber defense.

Agarwal added, “At Cyber Gear, we believe, the integration of predictive and generative AI technologies provides a strategic advantage in anticipating and mitigating cyber threats. For cybersecurity professionals, embracing AI is not just about staying relevant, it’s about leading the charge in the ongoing battle against cyber adversaries. The need for advanced AI-driven detection and analysis has never been greater. We have recently partnered with ProxySecfrom Austria to provide cybersecurity services to organisations in the region.”

The report can be downloaded at https://www.cyber-gear.ai

Cyber Gear Launces Report – ’20 Benefits Of AI Bots’

19 Jun 2024 Blog

According to Sharad Agarwal, CEO of Cyber Gear, “AI is truly a game changer. Chatbot applications allow businesses to simplify complex tasks and transactions, reduce costs, improve response times, and enhance customer satisfaction. Bots can also streamline processes, make decisions based on data, and generate insights from customer conversations.”

AI enables us to provide customers with convenient, personalized, and timely assistance through any digital touchpoint with simple rule-based chatbots that can mimic human conversation.

It is easy to create helpful chatbots that enable customers to get the answers they are looking for without having to speak to a human agent.

What is more, you can quickly build a chatbot using a simple drag-and-drop interface and pre-defined and customizable templates.

AI chatbots use natural language processing or machine learning to understand customer requests and improve with each interaction.

Most intelligent bot solutions, lower your customer support 24/7 with simple rule-based or intent-based conversational chatbots.

Here are 3 good reasons why you should be using AI chatbots for your business:

  1. Acquire: Utilize unique entry points to capture leads.
  2. Grow: Increase conversion rates with personalized offers.
  3. Retain: Keep customers engaged and enrich their browsing experience

According to the Zendesk Customer Experience Trends Report 2023, 72 percent of business leaders said expanding AI and chatbots across the customer experience is their priority over the next 12 months.

Sharad Agarwal, added, “Using AI to enrich your customer experience is a no-brainer. Now you can build intelligent chatbots to engage, support, and generate leads. You can even automate your customer support and reduce costs with a no-code virtual assistant that supports conversational journeys across your customers’ preferred channels.”

The report can be downloaded at https://www.aiunplugged.io or https://www.cyber-gear.ai

Casino Etiquette: Do’s and Don’ts of Gambling

If you’re new to online gambling or simply haven’t thought about etiquette before, you may be wondering if there really is a certain way you should act in online casinos. This isn’t just about making a good impression on the casino and your fellow players, but also about making sure you have the best time possible. 

Stick with us to discover some practical and behavioural tips that will make each gaming session unforgettable.

Do Your Best to Be Respectful to Others

One of the most basic things you can do to foster a positive environment in the casino you play at is to be respectful to others. If there’s a chat option, don’t be rude to other players or participate in conversations that could potentially upset you. This is a great place to make friends with common interests and you’ll probably meet a bunch of like-minded people, so there’s absolutely no need to be rude even if you have a differing opinion. Everyone has the same right as you to be there, so try to get along with people as best as you can.

Being respectful to others extends to customer support agents, too. You should always be patient with them and try to explain your problem in the most detail possible. It’s frustrating when things aren’t going smoothly, but being rude to the agents will get you nowhere. Their only job is to help, they don’t hold influence over tech issues or withdrawals that are taking too long, for example.

Don’t Skip the Terms and Conditions

A lot of players sign up for a casino and start claiming bonuses without checking the Terms and Conditions, then get upset they’re not having the experience they wanted. To avoid this, you should always read through the T&Cs before you join. This will help you adjust your expectations and tell you everything you need to know about the casino’s processes. 

Here are some of the most important things you should pay attention to:

  • Withdrawal limits: A lot of casinos impose limits on withdrawals, meaning that you won’t be able to cash out if you’ve exceeded a certain amount. These restrictions can be per transaction, day, week, or month, depending on the casino. Knowing ahead of time how much you’re able to withdraw can help you avoid frustrating conversations with support agents and help you adjust your playing style.

 

  • Available payment methods: Choosing the right payment method can drastically improve your experience. See if the casino offers a banking option you’re already registered for. This will save you time setting up your account and allow you to start playing more quickly. As well as that, you’ll be able to choose a payment method with the best processing times and transaction limits. So once you’re ready to set up an account, you’ll already have everything figured out.

 

  • Bonus terms: What is the minimum deposit? Are there time limits? Can you use multiple bonuses at the same time? The terms will hold answers to all of these questions and more related to offers. If you know the playing conditions before you register, you can make a more informed decision about whether this is a casino you’d like to play in for a long time.

Do Read Casino Reviews

Casino reviews can also greatly help you manage your expectations and break down important information for you. Sites like Master of Casinos review only the best casinos and tell you all about their loyalty programs, bonuses, and playing conditions.

This will make it easy for you to choose your next casino and will help you avoid scams and disappointment. Plus, once you do pick an operator, you’ll already be familiar with their rules and regulations. Once again, this can save you a lot of time and help you streamline your experience.

Don’t Get Upset Over Losses

A mark of a true player is being able to accept loss gracefully. The matter of the fact is that nobody likes losing, but getting upset and lashing out will only get you banned from the casino. Losing is just part of the game and you want to keep playing in a nice and positive environment. If you feel upset after a loss, feel free to log out and do something else for a bit until you calm down. Adrenaline can heighten our emotions and make us say and do things we otherwise wouldn’t, so a cooling down period is a must.

Let’s not forget that the same logic applies to winning. There’s no need to gloat and make others feel bad if you’ve won a game of Poker, for example. Accept the win gracefully and move on!

Do Use Responsible Gambling Tools

Responsible gambling tools are there for a reason and casinos want you to use them. If you want to make a lasting impression, work towards a better status in the casino, and keep gambling fun for a long time— these tools will be your best friends.

Deposit, wager, loss, and time limits are all very useful as they help you stay in control of every gaming session. Aside from allowing you to manage your budget and time more effectively, they also help you manage your emotions by not letting you get carried away. This is crucial for keeping a good attitude and being able to contribute to a positive atmosphere!

Don’t Cheat

Attempting to exploit game weaknesses and other forms of cheating are some of the worst things you can do in an online casino. This is supposed to be a fair and safe environment. Players are expected to uphold that as much as the casino. Aside from just not being nice, these moves can also get you permanently banned from the casino and even from all of the partnered casinos. 

No matter how good you think you are at cheating, you can’t beat the advanced systems casinos have in place to prevent such behaviour. 

And in cases where you feel it’s justified to cheat because you think the casino hasn’t been fair to you, we suggest you talk to third-party organisations that have your best interests at heart. They can help with the wrong you experienced without resulting in unethical behaviour.

Do Leave Game Reviews

Writing reviews for the games you play may not even cross your mind. But just think, how many times have you tried to find a game review before you started playing a new title? These reviews can help other players get familiar with the game in question and help them have a more fun time.

Whether you’ve had a bad or good experience with that specific title, make sure to be as detailed and objective in your review as possible. What did you like about it? Where can things be improved? How easy is it to trigger the bonus games (if there are any)? And finally, would you recommend it?

Conclusion

There are many things that you can do or avoid doing to foster a more positive environment in an online casino. Being an active and responsible member can inspire others to do the same and cultivate an air of pure fun and understanding. Plus, the practical etiquette tips we provided can help you avoid frustration and lashing out at others, which in turn makes for an even more positive community.

Data Analytics in Gambling: Enhancing User Experience

In the world of online gambling, user experience reigns supreme. Picture this: you’re browsing through an online casino, trying to find the perfect game to play. Suddenly, a personalized recommendation pops up, suggesting a game based on your past preferences. That’s the power of data analytics in action.

The Significance of User Experience in Online Gambling

User experience isn’t just about flashy graphics and catchy sound effects—it’s about creating a seamless and enjoyable experience for players. Research shows that 79% of users are more likely to revisit a website if they have a positive experience. In the highly competitive world of online gambling, retaining players is key to success.

Understanding Data Analytics

So, what exactly is data analytics? Simply put, it’s the process of collecting, analyzing, and interpreting data to make informed decisions. In the context of online gambling, data analytics involves gathering information about player behavior, preferences, and engagement metrics to improve the overall gaming experience.

Types of Data Collected in Gambling

From the moment you log into an online casino, your every move is being tracked. Every click, every bet, every win—it’s all recorded and analyzed. But it’s not just about tracking gameplay data. Casinos also collect information about your demographic, location, and even the device you’re using to play.

Tools and Techniques for Data Collection

Data collection in gambling isn’t limited to traditional methods like surveys and questionnaires. Thanks to advancements in technology, casinos now have access to a wealth of data through tracking software, cookies, and even social media platforms. For example, some casinos use geolocation technology to ensure that players are located in jurisdictions where online gambling is legal.

Data Analysis Methods

Once the data is collected, it’s time to analyze it. There are three main types of data analysis used in gambling: descriptive, predictive, and prescriptive. Descriptive analytics involves summarizing and visualizing data to gain insights into player behavior. Predictive analytics uses historical data to forecast future outcomes, while prescriptive analytics provides recommendations for action based on those predictions.

Utilizing AI in Data Analysis

Artificial intelligence (AI) is revolutionizing data analysis in gambling. By leveraging machine learning algorithms, casinos can analyze vast amounts of data in real-time to predict player behavior and personalize gaming experiences. For example, AI-powered chatbots can provide instant support to players, while recommendation engines can suggest games based on individual preferences.

Challenges in Data Analytics

Of course, data analytics in gambling isn’t without its challenges. Data privacy concerns, regulatory compliance, and the sheer volume of data are just a few of the obstacles that casinos must navigate. Moreover, ensuring that data is used ethically and responsibly is paramount to maintaining player trust and confidence.

Successful Data-Driven Strategies

Several online casinos have already seen success by embracing data analytics. For example, MGM Resorts International used predictive analytics to optimize room pricing, resulting in a 9% increase in revenue. Similarly, PokerStars uses AI algorithms to detect and prevent fraudulent activity, safeguarding the integrity of the game for players.

By incorporating strategies and best practices recommended by experts in the field, online casinos can maximize their ROI and player engagement, as highlighted on platforms like https://boostylabs.com/industry/gambling.

Ethical Considerations

As data collection and analysis become more prevalent in gambling, it’s essential to address the ethical implications. Transparency, consent, and responsible gaming practices should guide the use of data to ensure that players are protected from harm. After all, the ultimate goal of data analytics should be to enhance the gaming experience, not exploit vulnerable players.

Future Trends in Data Analytics

Looking ahead, the future of data analytics in gambling looks bright. Advancements in AI, machine learning, and data visualization will continue to drive innovation and shape the industry. From personalized gaming experiences to real-time fraud detection, the possibilities are endless.

Conclusion

In conclusion, data analytics is transforming the landscape of online gambling, offering unprecedented insights into player behavior and preferences. By leveraging the power of data, casinos can create personalized experiences that keep players coming back for more. However, it’s essential to approach data analytics with caution and responsibility, ensuring that it is used ethically and in the best interests of players. Ultimately, data analytics has the potential to revolutionize the way we play and enjoy online gambling, making it more engaging, immersive, and enjoyable for players around the world.

Technology Disruption To Make or Break Company Survival

3 Oct 2023 Blog

This week’s Meta Shapers Web3 & AI Summit to Dissect the Role of Artificial Intelligence

Emerging technology is causing at least two-thirds of leaders to question if their organisation has the mettle to survive the next decade, according to Sharad Agarwal, the lead host of the upcoming Meta Shapers Web 3 & AI Summit.

Agarwal cited Summit speaker, Dubai-based Stephanie Bretonniere who recently suggested that 60% of CEOs sense the business they are leading today is unlikely to survive another 10 years if major changes to the way tech is used within the organisation is not made…’.

Bretonniere, founder & CEO of WEIMPACT.WORLDalso stressed: Tech is not an option for sustainable transformation. It is a must-have.’

Meanwhile, Agarwal noted leading consultancy firms concur saying the time to re-write business strategy is now. He said it is especially important to understand the potential of Web3 and to get to grips with the usefulness of Artificial Intelligence (AI).

Agarwal, the founder, and CEO of Cyber Gear, a leading tech enabler since 1996, confirmed that the 30-strong Summit cast will place a specific spotlight on Artificial Intelligence, which is the new game changer.

“AI is a powerful enabler to business and life. However, it must be properly understood, appropriately embraced, and strategically employed,” he suggested.

Agarwal’s co-host at the Summit, Susan Furness, agreed: “Artificial Intelligence is another helpful ‘intelligence’. But, like most of us, AI must be given a clear brief to produce useful, relevant results. When we are clear about the intention and the tools available, we tend to deliver well. AI also needs a clear brief to work well, across all enduses.”

Furness is one of the region’s established communications advisors and has been associated with Agarwal since the mid-90s adoption of the ‘read-only’ internet through to the decentralized Web3 which enables active user participation.

She said the speaker line-up is plucked from the centre of the conversation, noting all the presenters bring real experience, knowledge, thoughts, and concerns to the room.

She promises a jargon-free dialogue, a big dose of reality, and at least 100 actionable takeaways.

“The Summit’s MetaShapers will identify the pros, name the perceived cons, as well as offer a real sense of the unknown that seems to be keeping economists, strategists, and leaders busy,” Furness concluded.

Meta Shapers is a global community of emerging tech impact entrepreneurs and industry leaders who are shaping the narrative around the Web3 and the metaverse; early summit registrations are already beating expectations, suggesting an international audience of more than 1,000.

The MetaShapers Web3 &AI Summit is scheduled for October 4, 2023, hosted online from 8 a.m. ET onwards.

The agenda for the summit is published at https://www.onlywebinars.com

Registration is now open at no admission charge at https://us02web.zoom.us/webinar/register/WN_q9cbm1-VR3-H6WAhXjQK_A#/registration

#metashaperssummit

Mobile-First Design: Capturing Prospects On The Go

16 Sep 2023 Blog

Businesses must prioritise providing outstanding mobile experiences as more consumers use smartphones and tablets to access the internet. This is where the idea of designing for mobile devices first is useful. Building a website or application with mobile devices in mind first means that it will be optimised for smaller screens later.The mobile-first method entails creating a website for mobile devices before taking into account its desktop equivalent. The realisation that mobile devices are now used more frequently than traditional desktops to view websites led to the development of this strategy. Businesses can guarantee a flawless and interesting experience for their prospects and customers regardless of the device they use by prioritising mobile design.

Responsive Design: A Core Tenet of Mobile-First

         The base of mobile-first design is responsive design. Different screen widths and resolutions should be accommodated by websites. The content and style of a responsive website are guaranteed to dynamically adapt to provide the best user experience, whether the user is using a desktop, laptop, tablet, or smartphone.

Prioritizing Content for Mobile Consumption

          Mobile screens are constrained in size, so choosing what material to prioritise requires considerable thought. A simple and targeted approach is encouraged by mobile-first design, emphasising the most important details and taking actions that are in line with users’ requirements and goals. The user’s ability to swiftly obtain pertinent content and complete desired tasks is improved as a result.

Efficient Loading Speeds for Mobile Optimization

Internet speeds and bandwidth are frequently inconsistent for mobile users. Optimising load speeds is a key component of mobile-first design, which makes sure that websites load quickly and effectively on mobile devices. This speed is critical for capturing prospects on the go, as slow-loading sites can deter potential leads.

Thumb-Friendly Navigation and Interaction

Mobile devices are primarily operated using thumbs, making it vital to design for ease of use. Mobile-first design incorporates elements that are easily reachable and clickable, minimizing the need for awkward hand movements. Convenient navigation enhances user engagement and improves the chances of converting prospects.

Progressive Enhancement for Cross-Platform Consistency

A mobile-first approach enables progressive enhancement, allowing businesses to add layers of complexity for larger screens. This ensures a consistent and coherent user experience across devices while catering to the unique capabilities of various platforms.

User-Centric Design through Feedback Loops

Gathering user feedback is crucial in mobile-first design. Continuous testing and iteration based on user insights allow designers to refine the mobile experience and align it with users’ preferences and behaviors. This iterative process results in a mobile interface that resonates with the target audience.

Benefits of Mobile-First Design for Prospect Conversion

Enhanced User Experience (UX): Mobile-first design focuses on delivering an exceptional user experience tailored to mobile users, increasing their satisfaction and engagement.

Improved SEO and Visibility: Google prioritizes mobile-friendly websites in search rankings. Embracing a mobile-first approach can boost your website’s visibility and reach more prospects.

Higher Conversion Rates: A well-optimized mobile site can lead to higher conversion rates, capturing prospects who are on the move and may have immediate conversion intent.

Cost-Effectiveness: Starting with mobile design and progressively enhancing it is often more cost-effective than retrofitting a desktop-focused design for mobile devices.

Mobile-first design approach is no longer an option but a necessity to thrive in the digital landscape. By prioritizing mobile user experience, businesses can effectively capture prospects on the go, leading to higher engagement, increased conversions, and ultimately, business growth. Embrace the mobile-first mindset and elevate your prospects’ experience on every screen they use.

Cyber Gear Launches Comprehensive AI Glossary

13 Sep 2023 Blog

As AI continues its rapid evolution, businesses need to keep up with its prevailing trends. From cutting-edge machine learning algorithms to advancements in natural language processing, these trends hold the potential to reshape industries and our daily lives.

According to Sharad Agarwal, CEO of Cyber Gear, “Millionaires look for opportunities, Billionaires look for trends. Did you know that Nike is transforming from a marketing company into a technology brand? My prediction is that every company will soon have to become a ‘Smart Company’ that is powered by AI. The mass adoption of Generative AI happened because of its ease of use in improving overall productivity. Whether you’re eight years old or 80 years old, anyone can use ChatGPT. This is not rocket science. Simply follow the trends!”

AI-powered predictive analytics enables us to harness the power of data and uncover valuable insights that can drive business success. By analyzing vast amounts of historical data and leveraging advanced algorithms, AI can identify patterns, detect trends, and make accurate predictions about future outcomes. Imagine being able to anticipate customer demand, optimize your supply chain and make informed decisions in real time. With AI, we can do just that. By leveraging predictive analytics, businesses can reduce costs, improve operational efficiency and enhance overall decision-making.

When ChatGPT launched in late 2022, it awakened the world to the transformative potential of artificial intelligence. The technology underpinning the powerful new chatbot is one of the biggest step changes in the history of AI. Generative AI can create something entirely new, including text, images, audio, videos, and synthetic data.

Big tech companies have been quick to jump on the bandwagon, with Google, Microsoft, Amazon, Meta, and others all lining up their own generative AI tools in the space of a few short months.

Examples of generative AI models include:

ChatGPT: An AI language model developed by OpenAI that can answer questions and generate human-like responses from text prompts.

DALL-E 2: Another AI model by OpenAI that can create images and artwork from text prompts.

Google Bard: Google’s generative AI chatbot and rival to ChatGPT. It’s trained on the PaLM large language model and can answer questions and generate text from prompts.

Midjourney: Developed by San Francisco-based research lab Midjourney Inc., this gen AI model interprets text prompts to produce images and artwork, similar to DALL-E 2.

GitHub Copilot: An AI-powered coding tool that suggests code completions within the Visual Studio, Neovim, and JetBrains development environments.

Llama 2: Meta’s open-source large language model can be used to create conversational AI models for chatbots and virtual assistants, similar to GPT-4.

xAI: After funding OpenAI, Elon Musk left the project in July 2023 and announced this new generative AI venture.

Cyber Gear has documented over 250 pages of AI-related terms and phrases to help organisations become smarter. Every knowledge worker has the potential to use these technologies to increase their productivity.

The future of AI is bright, and with the right approach, we can benefit from the advancements in AI technology while also tackling its challenges.

Download your copy at www.cyber-gear.io or www.cyber-gear.ai

Cyber Gear Launches Comprehensive Web3 Glossary

29 Aug 2023 Blog

Web3 promises a decentralized internet built on the blockchain. It is important to understand all the buzzwords surrounding this technology.

Cyber Gear has compiled the most comprehensive (252 pages) and updated glossary. Download your free copy at https://www.cyber-gear.io

According to Sharad Agarwal, Chief Metaverse Officer of Cyber Gear, “In my opinion, Web3 is not so much about technology – Web3 is a mindset. A mindset of collaboration, not competition. Leaders need to think out-of-the-box and collaborate, even with competition, to bake a bigger pie and get a larger slice!”

Web3 promotes a creator-driven economy while at the same time rewarding consumers for their participation, thus ushering in a new era of social networks. Unlike the Web2 paradigm controlled by Big Tech, Web3 envisions an ecosystem of social and interoperable networks where all users can finally own a slice of the financial pie.

Web3 is an umbrella term that encompasses several ideas and futuristic visions of decentralization where community-powered, advertising-free, and self-monetized content will reign supreme. Although Web3 will disrupt many existing Web2-based business models, the creator economy is positioned as the biggest benefactor of this ongoing revolution vis-à-vis a reinvented social media paradigm.

Web3 solves this dilemma, giving back content creators full control and ownership over their content. Harnessing the power of blockchain and cryptocurrencies, Web3 allows creators to tap into numerous monetization opportunities while simultaneously rewarding users for their continued participation and loyalty. This creates a circular economy, free from the restraints of centralized platforms and intermediaries.

For instance, in the existing version of the internet, content creators are often subject to the whims and fancies of the platforms they use to share their content. This leads to several problems like unwarranted content censorship, content demonetization, and even possible deplatforming.

Driven by decentralization, Web3 social networks will transfer power back to the community by giving content creators full ownership of their content. In tandem with other Web3 services, these social networks will facilitate censorship-resistant, ad-free, and creative-centric ecosystems, thus offering equal opportunities for all.

Be it the rise of community-driven global social networks, the increasing acceptance of community-focused DAOs (decentralized autonomous organizations), or the emergence of AR and VR-powered immersive experiences, Web3 social networks are sparking a transformation focused on the community instead of gatekeeper’s interests alone.

Cyber Gear Launches Report On Generative AI

25 Aug 2023 Blog

When ChatGPT launched in late 2022, it awakened the world to the transformative potential of artificial intelligence. The technology underpinning the powerful new chatbot is one of the biggest step changes in the history of AI. Generative AI is able to create something entirely new, including text, images, audio, videos, and synthetic data.

Big tech companies have been quick to jump on the bandwagon, with Google, Microsoft, Amazon, Meta and others all lining up their own generative AI tools in the space of a few short months.

According to Sharad Agarwal, CEO of Cyber Gear, “Did you know that Nike is transforming from a marketing company into a technology brand?My prediction is that every company will soon have to become a ‘Smart Company’ that is powered by AI. The mass adoption of Generative AI happened because of its ease-of-use in improving overall productivity. Whether you’re eight years old or 80 years old, anyone can use ChatGPT.”

Examples of generative AI models include:

ChatGPT: An AI language model developed by OpenAI that can answer questions and generate human-like responses from text prompts.

DALL-E 2: Another AI model by OpenAI that can create images and artwork from text prompts.

Google Bard: Google’s generative AI chatbot and rival to ChatGPT. It’s trained on the PaLM large language model and can answer questions and generate text from prompts.

Midjourney: Developed by San Francisco-based research lab Midjourney Inc., this gen AI model interprets text prompts to produce images and artwork, similar to DALL-E 2.

GitHub Copilot: An AI-powered coding tool that suggests code completions within the Visual Studio, Neovim and JetBrains development environments.

Llama 2: Meta’s open-source large language model can be used to create conversational AI models for chatbots and virtual assistants, similar to GPT-4.

xAI: After funding OpenAI, Elon Musk left the project in July 2023 and announced this new generative AI venture.

Cyber Gear has documented 450 AI Tools to help organisations become smarter. Every knowledge worker has the potential to use these technologies to increase their productivity.

To realize quick returns, organisations can easily consume foundation models ‘off the shelf’ through APIs.

Download your copy at https://www.cyber-gear.io

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