SAS Generative AI is revolutionizing industries with its cutting-edge technology. It's being used to create personalized customer experiences, automate tasks, and even predict outcomes.
The use of SAS Generative AI in the financial sector has been particularly noteworthy, with companies like Bank of America leveraging its capabilities to create more accurate credit risk assessments. This has led to a significant reduction in false positives.
One of the key advantages of SAS Generative AI is its ability to learn from large datasets and make predictions based on that information. This has been particularly useful in the healthcare industry, where it's being used to identify high-risk patients and predict disease outcomes.
By automating routine tasks, SAS Generative AI is freeing up human resources to focus on more strategic and creative work. This has been seen in various industries, including marketing and sales.
For another approach, see: How Multimodal Used in Generative Ai
What is GenAI?
GenAI is a game-changer. It combines the power of artificial intelligence with the capabilities of generative models to create new and innovative solutions.
GenAI can be used with SAS, a popular data analytics platform, to unlock new possibilities. Take a course on using SAS with GenAI techniques to learn more.
GenAI models can learn from data and make predictions or recommendations, but they can also be used to generate new content, such as text, images, or music.
Take a look at this: Generative Ai and Cybersecurity
Applications and Use Cases
Organizations around the world are racing to implement GenAI technology, with 1,600 organizations participating in a global survey. Generative AI is being pursued for its potential to drive strong business results.
Many different regions and industries are leveraging GenAI to achieve their goals. This includes organizations that are looking to automate tasks, improve customer experiences, and drive innovation.
Supporting technologies like this one are enabling and supporting the development of GenAI. These technologies are helping to make GenAI more accessible and practical for businesses to use.
Manufacturing
Manufacturing is where generative AI really shines. It can help optimize operations, maintenance, supply chains, and even energy usage for lower costs, higher productivity, and greater sustainability. With a generative AI model, you can learn from existing performance, maintenance, and sensor data to forecast and provide recommended strategies for improvement. This can lead to significant cost savings and increased efficiency. Manufacturers can use generative AI to identify areas of improvement and make data-driven decisions.
The Race to Success
Organizations around the world are racing to implement GenAI technology in pursuit of strong business results. Many are focusing on specific industries like banking, insurance, manufacturing, retail, and the public sector.
SAS and Microsoft are partnering to help global enterprises increase productivity and confidence in their developer teams. They're developing a generative AI integration that combines the scale of Microsoft Azure OpenAI with SAS' orchestration of enterprise tasks.
The strength of LLMs lies in their ability to create conversational experiences from massive data sets. However, they're not designed for integrating quantitative calculations from enterprise systems, leaving a critical last-mile challenge to be solved.
SAS is working alongside customers to develop generative AI workflows for industry-specific solutions. This includes banking, insurance, manufacturing, retail, and the public sector.
By leveraging Azure OpenAI technology, SAS and Microsoft aim to help global enterprises increase productivity.
Related reading: Modern Generative Ai with Chatgpt and Openai Models Pdf
Implementing and Managing GenAI
Implementing and managing GenAI requires careful evaluation of the return on investment (ROI) before implementation. Generative AI models are expensive to run, requiring tremendous amounts of computing power and data.
You should consider the distinctions between different types of models, such as foundation models and domain models.
Before implementing a generative AI model, it's essential to consider the ethical implications of your decision. Where did the data come from – and who owns it? Is it trustworthy? Do you understand precisely how the model was built?
Take a course on using SAS with GenAI techniques to learn more about implementing and managing GenAI effectively.
For your interest: Geophysics Velocity Model Prediciton Using Generative Ai
Ethical Considerations for Generative AI
Generative AI has the potential to drastically boost productivity, but it also raises concerns about AI ethics and data privacy.
The impact of generative AI has been compared to discoveries like electricity and the printing press.
Generative AI has created waves of AI anxiety and sparked debates about how it should be used and governed.
Embracing trustworthy AI systems designed for human centricity, inclusivity, and accountability is essential.
The evolving capabilities of GenAI that mimic human intelligence have sparked concerns about AI ethics.
Conversational AI models have rocketed in popularity, but with great power comes great responsibility.
A different take: How Generative Ai Can Augment Human Creativity
Future Outlook
Sas generative AI is expected to have a significant impact on various industries in the coming years.
As we've seen in the section on "Real-World Applications", SAS Generative AI is already being used in healthcare to develop personalized treatment plans and predict patient outcomes.
With advancements in technology, we can expect to see even more innovative uses of SAS Generative AI in the future.
The section on "Key Features" highlights the model's ability to generate high-quality text, images, and audio, which will be crucial in applications such as content creation and data visualization.
As SAS Generative AI becomes more widespread, we can expect to see increased efficiency and productivity in industries such as finance and marketing.
The section on "Benefits" notes that SAS Generative AI can help reduce costs and improve decision-making, which will be particularly valuable in resource-constrained environments.
With its ability to learn from large datasets, SAS Generative AI has the potential to make significant contributions to fields such as science and research.
As we move forward, it will be exciting to see how SAS Generative AI continues to evolve and be applied in new and innovative ways.
Here's an interesting read: Foundations and Applications of Generative Ai
General Information
Sas generative AI is a type of artificial intelligence that can create new content, such as text, images, and music, based on patterns and structures it has learned from existing data.
It uses machine learning algorithms to analyze vast amounts of data and identify relationships between different elements, allowing it to generate new content that is often indistinguishable from human-created content.
Sas generative AI can be used for a wide range of applications, including natural language processing, computer vision, and music composition.
This technology has the potential to revolutionize many industries, including marketing, education, and entertainment.
Sas generative AI can also be used to automate tasks, such as data entry and content creation, freeing up human resources for more creative and strategic work.
It can also be used to enhance customer experience, by generating personalized content and recommendations based on individual preferences and behavior.
Sas generative AI is not without its limitations, however, and requires careful training and fine-tuning to ensure that it produces accurate and relevant results.
Recommended read: Generative Ai Content
Sources
- https://www.sas.com/en_us/insights/analytics/generative-ai.html
- https://www.sas.com/en_sa/news/press-releases/2023/september/generative_ai_announcement_sas_explore.html
- https://www.digitalalchemy.global/unlocking-the-power-of-generative-ai-with-sas-customer-intelligence-360-a-new-era-in-customer-engagement/
- https://www.forbes.com/sites/adrianbridgwater/2024/09/30/sas-steers-toward-stronger-ai-data-lifecyle-via-viya/
- https://www.infoworld.com/article/2337183/sas-viya-and-the-pursuit-of-trustworthy-ai.html
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