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AI (Artificial Intelligence) technology is rapidly evolving these days, with generative AI and predictive AI considered two distinct types. Many people want to know what is the difference between generative and predictive AI—so let's explain it in simple terms.
Generative AI is technology that creates new and unique content based on data or input. For example, tools like ChatGPT, DALL-E, and Midjourney generate text, images, music, or code. Its primary function is creativity. For example, if you ask ChatGPT to write a story or poem, it will create something completely new.
On the other hand, Predictive AI makes predictions or predictions based on historical data. For example, bank loan approvals, product suggestions on e-commerce websites, stock market analysis – these are all examples of the use of Predictive AI. Here, the machine predicts the most likely output based on past patterns.
Generative AI creates something new, while Predictive AI suggests outcomes/decisions based on available data. Simply put: GenAI is like an artist, and Predictive AI is like a mathematician or scientific analyst.
If you need to create new content, such as photos, videos, emails, documents, or stories, use generative AI. And when you need data analysis or future predictions, choose predictive AI tools.
For more information, you can see Artificial intelligence - Wikipedia.
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