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Why+learn+Generative+AI

Generative AI can help automate routine tasks and create content through natural conversation. It has various use cases for developers, customer operations, and marketing by increasing productivity and speed. A study found GenAI could add $2.6-4.4 trillion annually to the global economy. Developers already see benefits from tools like GitHub Copilot which increase speed and decrease review times. To take advantage, one can learn available tools and techniques and find the best ways to augment human capabilities.

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Antony Alex
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48 views

Why+learn+Generative+AI

Generative AI can help automate routine tasks and create content through natural conversation. It has various use cases for developers, customer operations, and marketing by increasing productivity and speed. A study found GenAI could add $2.6-4.4 trillion annually to the global economy. Developers already see benefits from tools like GitHub Copilot which increase speed and decrease review times. To take advantage, one can learn available tools and techniques and find the best ways to augment human capabilities.

Uploaded by

Antony Alex
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Why learn

Generative AI?

How to use Generative AI to create content


Generative AI automates routine tasks

● GenAI tools like ChatGPT, Stable Diffusion, Adobe Firefly, Github Copilot,
Bard, etc allows us to interact with AI in a human way
● It helps us create content through natural conversation and automate routine
tasks
● Compared with AI 20 years ago, the biggest breakthrough is the interface by
which we can interact with it. Gone are the days of having to run programs on
our computer, but we can interact with AI with our human language making it
accessible for everyone
Brief History
There is a global impact

● In a McKinsey study, they believe that


GenAI can add an equivalent of $2.6
to $4.4 trillion annually to the global
economy. This is more than the entire
GDP of the United Kingdom
● 75% of the use cases fall under the
four areas of Marketing and sales,
software engineering, R&D, and
Customer Operations
● They identified 63 use cases total
include retail and packaging, and
banking

Source: https://www.mckinsey.com/capabilities/mckinsey-digital/our-insights/the-economic-potential-of-generative-ai-the-next-productivity-frontier#business-value
We can already see the positive effects for
developers

Github Copilot is a coding assistant that automates


routine parts of code. As a result developers feel more
satisfaction and greater efficiency

After adopting GitHub Copilot and the GitHub platform,


Duolingo saw a:

● 25% increase in developer speed for those who


are new to working with a specific repository
● 10% increase in developer speed for those who
are familiar with the respective codebase
● 67% decrease in median code review turnaround
time

Source: https://github.blog/2023-05-09-how-companies-are-boosting-productivity-with-generative-ai/
Major use cases for Developers

● Write boilerplate code for various


programming languages and
frameworks.
● Find information in documentation to
understand what the code does.
● Identify security vulnerabilities and
implement fixes.
● Streamline code reviews before merging
new or edited code.
Major use cases for Customer Operations

● GenAI can revolutionize customer operations through customer


experience and agent productivity in digital self service. In addition it can
enhance and augment agent skills
● With GenAI you can use it to respond to customers quickly as well as
draft and send response messages to customer complaints faster and
easier
Major use cases for Marketing

● Marketing is another major benefactor of generative AI and it can be


used for things like fast and efficient content generation as well as digital
creation
● It can help process and understand a large amount of data as well as
things like SEO operation, and product discovered and search
personalization
The impact has already being realized

● With the launch of new Generative AI tools, the early and late scenario for
Generative AI impacting the economy has already been pushed up by 5 years
● User Adoption has already been pushed up by close to 15 years
● The largest impact that it will have are on people with high wage jobs. This is
different than previous automation that was believed to have an impact on
low wage jobs
How can you take advantage?

● There are handfuls of tools and techniques for using those tools
● Learn how to augment them and experiment with them to developing your
own workflow
● Realize things that the AI is capable of and which needs to be done by humans
● Learn the best way to use these tools to get the best result (prompt
engineering)
● Keep up to date with new technologies that come out and ways that they can
be used

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