5 Essential GenAI Terms You Must Know In 2024

Ethical AI

It is the development and use of AI systems by prioritizing ethical principles. Ethical AI considerations converge globally around five principles — transparency, justice, and fairness, non-maleficence, responsibility and privacy.

Artificial General Intelligence

AGI, also known as “strong” AI, is a hypothetical intelligence that does not exist yet. It attempts to create software with human-like intelligence and the ability to self-teach.

Zero Data Retention

It means not storing any data intentionally after it has served the immediate purpose.

Natural Language Generation 

It is a software process driven by AI that produces natural written or spoken language from structured and unstructured data.

Large Language Models

LLMs use transformer models and are trained using massive datasets to perform several natural language processing (NLP) tasks. 

40+ Essential GenAI Terms You Must Know