Glossary: Harnessing The Disruption of Generative AI: Term Explanation
Glossary: Harnessing The Disruption of Generative AI: Term Explanation
Generative AI
Term Explanation
adoption Within the context of AI, refers to the process of integrating and using
AI technologies or solutions within an organization or society to achieve
specific goals or benefits.
automation Involves the use of technology, such as AI, to automate tasks, processes,
or workflows, reducing the need for manual intervention and increasing
efficiency.
AWS Bedrock A set of machine learning tools and services provided by Amazon Web
Services to help businesses build and deploy AI models.
beneficence The ethical principle of doing good and taking actions that promote the
well-being and benefit of others, often considered in the development
and use of AI technologies.
blind spot Within the context of AI, refers to areas or situations where AI models
fail to recognize or understand certain patterns, leading to inaccuracies
or biased decisions.
cloud storage Refers to the storage of data on remote servers accessible via the
internet, providing scalable and flexible data storage solutions for
individuals and organizations.
code of conduct Outlines ethical guidelines and behavioral expectations for individuals
within an organization or community, including considerations related to
AI ethics and responsible AI usage.
company culture The values, beliefs, and behaviors that shape an organization's work
environment and influence the attitudes and actions of its employees.
Cortana Microsoft's virtual assistant, designed to help users interact with devices
and access information through voice commands and natural language
queries.
critical thinking The ability to analyze, evaluate, and interpret information objectively
and logically, enabling individuals to make informed and sound
decisions.
customer The connection and interaction between a business and its customers,
relationship focusing on building trust, loyalty, and satisfaction through consistent
and positive experiences.
customer The level of contentment and fulfillment that customers experience with
satisfaction a product, service, or interaction with a company, influencing their
likelihood to repurchase or recommend.
data analysis The examination and interpretation of data to derive meaningful insights
and conclusions, used for decision-making, problem-solving, and
understanding trends or patterns.
data analytics The process of examining, cleaning, transforming, and interpreting large
datasets to extract insights and make data-driven decisions using various
statistical and machine learning techniques.
data literacy The ability to read, understand, and communicate with data, enabling
individuals to interpret and make informed decisions based on data
analysis.
data modeling The process of creating a representation of data structures and
relationships to organize, integrate, and store information efficiently for
use in databases or AI applications.
data privacy Involves the protection and proper handling of personal or sensitive
data, ensuring that individuals' information is not accessed or used
without their consent and is safeguarded from unauthorized access or
breaches.
data protection Refers to the measures and practices put in place to secure and safeguard
data from unauthorized access, loss, or theft, ensuring the privacy and
integrity of sensitive information.
data validation The process of verifying the accuracy, completeness, and reliability of
data to ensure that it is consistent and conforms to specific standards or
requirements.
data wrangling Involves the process of cleaning, transforming, and preparing raw data
for analysis or modeling, ensuring it is in a suitable format for use in AI
or other applications.
descriptive Refer to the analysis and summary of data using various statistical
statistics measures to provide insights into its characteristics and trends.
disruption Within the realm of AI, refers to the significant impact or transformation
caused by the adoption of AI technologies, leading to changes in
business models, industries, or societal dynamics.
e-commerce Also known as electronic commerce, refers to the buying and selling of
goods and services over the internet. It involves online transactions
between businesses, consumers, or a combination of both, enabling
global access to products and services, simplified payment processes,
and personalized shopping experiences.
emotional Abbreviated as EQ, the ability to understand and manage one's emotions
intelligence and recognize and empathize with the emotions of others, influencing
interpersonal relationships and decision-making.
empathetic Also known as empathic leadership, leadership that values and
leadership demonstrates empathy, understanding the emotions and needs of team
members and stakeholders, fostering a positive and supportive work
environment.
empathy The capacity to understand and share the feelings and perspectives of
others, promoting better communication, collaboration, and relationship-
building.
empathy-driven Refers to the inclusion of empathy and emotional intelligence into the
decision-making decision-making process to consider the impact of decisions on
individuals or groups and make more compassionate choices.
employee The emotional commitment and dedication that employees have toward
engagement their work and organization, affecting their motivation, productivity, and
overall satisfaction.
employee The overall journey and interaction of an employee with their employer,
experience encompassing all aspects of their work life, from recruitment to exit, and
the impact on performance and satisfaction.
employee Processes and tools used to collect and gather input, opinions, and
feedback system suggestions from employees, providing insights for performance
improvement and addressing workplace concerns.
employee review The regular period for performance assessments and feedback given to
cycle employees, often conducted annually or semi-annually to evaluate and
support professional growth and development.
ethics Within the context of AI, refers to the principles and guidelines that
govern the responsible development, deployment, and use of artificial
intelligence technologies, addressing potential risks, biases, and ethical
challenges.
ethics board A committee or group responsible for reviewing, guiding, and ensuring
ethical practices in the development and deployment of AI technologies.
fairness The ethical principle of treating individuals impartially and without bias
or discrimination, ensuring equal opportunities and outcomes, especially
crucial in AI development and applications.
governance Within the realm of AI, refers to the establishment of rules, policies, and
controls that guide the development, deployment, and use of AI
technologies within an organization or society, ensuring ethical,
responsible, and compliant practices.
growth mindset The belief that talents and abilities can be developed through effort,
learning, and perseverance, encouraging a willingness to learn and
embrace challenges to achieve personal and professional growth.
guardrails Within the context of AI, refer to predefined boundaries or limits set on
AI models to prevent them from generating harmful, biased, or
undesirable outputs, ensuring they stay within ethical and safe
boundaries.
hallucinations Within the context of AI, refer to instances where AI models generate
content that appears real but is actually synthetic and not based on real-
world data.
implementation Within the context of AI, refers to the practical application and
integration of AI technologies or systems into real-world scenarios, such
as business processes, products, or services.
inaccuracies Within the context of AI, refer to errors or deviations in AI-generated
content or predictions that do not align with the correct or expected
outcomes.
job satisfaction The level of contentment and fulfillment that employees experience in
their jobs, often influenced by factors such as work environment,
recognition, and opportunities for growth.
justice The ethical principle of fairness, equality, and adherence to laws and
regulations, particularly essential when considering the implications of
AI technologies on society and individual rights.
key performance Abbreviated as KPI, a measurable metric used to evaluate and assess the
indicator success or performance of an AI system, project, or organization against
specific objectives or goals.
large language Abbreviated as LLM, a type of AI model, like GPT, that can process and
model generate large amounts of human-like text.
leadership The attitudes and beliefs of leaders that influence their approach to
mindset challenges and decision-making, fostering a culture of innovation,
empathy, and ethical considerations.
legal action Formal action taken within the legal system, including litigation and
enforcement of laws and regulations, which may be required in cases of
AI misuse or legal disputes.
models Within the context of AI, refer to the trained algorithms or systems that
can process data, make predictions, or perform specific tasks based on
the patterns and information learned during training.
ongoing Within the context of AI, involves continuous assessment and analysis
monitoring of AI systems, data, and outcomes to ensure their accuracy, fairness, and
ethical compliance throughout their lifecycle.
organizational The shared values, beliefs, and behaviors within an organization that
culture shape its identity, atmosphere, and employee interactions, significantly
impacting organizational performance and success.
performance An evaluation process used to assess an employee's performance,
appraisal strengths, and areas for improvement, providing feedback and setting
performance-related goals.
personally Abbreviated as PII, refers to any data or information that can identify or
identifiable distinguish an individual, such as name, address, contact details, or
information biometric data, often requiring special protection and handling under
data privacy laws.
policies Within the context of AI, sets of guidelines, rules, or principles that
govern the ethical, legal, and operational aspects of AI development,
deployment, and use.
predictive The use of data, statistical algorithms, and machine learning models to
analytics identify patterns and predict future outcomes, helping organizations
make informed decisions and develop strategies.
procedures Within the context of AI, specific instructions or protocols that outline
how to carry out certain tasks or actions related to AI development,
deployment, or operation.
regulation Within the context of AI, refers to legal or governmental rules and
requirements that govern the development, deployment, and use of AI
technologies to ensure responsible and ethical practices.
research and Abbreviated as R&D, within the context of AI involves the exploration,
development experimentation, and innovation to advance AI technologies and
applications, often leading to new breakthroughs and improvements.
responsible AI A set of guidelines, principles, and best practices designed to ensure the
framework ethical and responsible development and use of AI technologies, taking
into account the impact on society, individuals, and the environment.
revenue stream The sources of income or revenue for a business, often consisting of
various products, services, or income-generating activities contributing
to overall revenue.
risk Within the context of AI, refers to the potential for adverse or negative
outcomes, such as biases, errors, or security breaches, associated with
the use of AI technologies.
risk assessment Within the context of AI, the process of identifying, evaluating, and
mitigating potential risks related to AI development, deployment, or
usage to ensure safety, security, and compliance.
sales analytics The analysis of sales data and performance metrics to gain insights into
sales trends, customer behavior, and performance, supporting data-
driven decision-making and sales strategies.
sales pipeline The visual representation of sales opportunities and deals at various
stages in the sales process, tracking the progress of leads and prospects
toward becoming customers.
sales prospecting The process of identifying and qualifying potential customers or leads to
engage with and pursue sales opportunities, a crucial activity for
building a strong customer base.
security Within the context of AI, refers to the protection and safeguarding of AI
systems, data, and algorithms from unauthorized access, manipulation,
or attacks, ensuring the confidentiality and integrity of information.
sentiment The use of natural language processing and machine learning techniques
analysis to determine the sentiment or emotion expressed in text data, often
applied to gauge customer feedback or opinions.
standards Within the context of AI, guidelines or specifications that define the
technical, ethical, or operational requirements for developing, using, and
evaluating AI technologies, promoting interoperability, reliability, and
ethical practices across industries and applications.
statistics Within the context of AI, refer to the use of mathematical techniques to
analyze and interpret data, providing insights and supporting decision-
making in AI applications.
strategy Within the context of AI, refers to the formulation and implementation
of plans and actions to achieve specific AI-related goals or objectives
within an organization or business context.
well-being The state of physical, mental, and emotional health and happiness of
individuals, often influenced by workplace culture, support, and work-
life balance.
work engagement The level of enthusiasm, dedication, and involvement that employees
have toward their work and organization, associated with improved
productivity and job satisfaction.