3 posts tagged with "artificial intelligence"

This article was originally published in the Business Daily on 2024-03-07.

Artificial Intelligence (AI) stands at the forefront of technological innovation. It promises to revolutionise industries and economies worldwide. According to a study by PwC, AI could contribute up to $15.7 trillion to the global economy by 2030. This staggering figure underscores the immense potential AI holds for driving economic growth and prosperity. However, for e-traders in East-Africa, individuals or businesses that conduct retail operations online, to fully capitalise on this opportunity they must not only embrace AI but also make a deliberate effort to understand its dynamics.

Since its release in November 2022, ChatGPT, an AI chatbot from OpenAI, has become a viral phenomenon. It can generate human-like text and carry out natural conversations on a wide range of topics. But, what is the origin of the name "ChatGPT"?

Some of the decisions algorithms make about our lives are fairly benign, such as those irresistible ‘Suggestions for you’ on Netflix. But it gets far murkier when artificial intelligence (AI) and machine learning are used by businesses and governments for decision-making that affects our lives without us ever knowing about it. And worse, without us being able to appeal those decisions.