Market Insight: Understanding The Rapidly Evolving Landscape Of Generative AI
29 Jun, 2023
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Executive Summary
Generative AI, an emerging and rapidly advancing field within artificial intelligence, is revolutionizing industries by enabling content generation, automating tasks and facilitating sophisticated data analysis. Although it offers numerous benefits, adopters and developers of generative AI models must overcome challenges – such as ensuring data quality, mitigating biases and improving interpretability. There is a growing appetite for integrating generative AI into operations, and this report aims to provide decision-makers with a comprehensive understanding of the field. The study takes a deep dive into different architectures of generative AI, examining the benefits and limitations that come with them. Lastly, the report evaluates trends that will shape the future of generative AI.
Understanding generative AI
Different generative AI architectures serve distinct purposes
Generative AI transforms workflows but poses risks if limitations are overlooked
Generative AI enhances task automation capabilities
Adopters should be aware of the limitations of generative AI
The future of generative AI is open-source
Different generative AI architectures serve distinct purposes
Generative AI transforms workflows but poses risks if limitations are overlooked
Generative AI enhances task automation capabilities
Adopters should be aware of the limitations of generative AI
The future of generative AI is open-source
Figure 1. Benefits of generative AI
Figure 2. Limitations of generative AI
Figure 2. Limitations of generative AI
Meta, PyTorch, Google, ActiveChat, OpenAI, Midjourney, GitHub, TensorFlow, LinkedIn, C3 AI, Keras, Siemens, Tonic.ai, NVIDIA, Hugging Face
About the Authors

Henry Kirkman
Industry Analyst
Henry is an Industry Analyst in the Verdantix Industrial Transformation practice. His current research agenda focuses on connected worker solutions, technologies for indu…
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Malavika Tohani
Research Director, Industrial Transformation
Malavika leads the Verdantix Industrial Transformation practice. Her current research agenda focuses on digital technologies for Operational Excellence including digital twins…
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