Harnessing AI for Boosted Business Efficiencies
The artificial intelligence (AI) field is humming with activity, with tech firms providing cutting-edge software to diverse businesses, enabling operational efficiencies in novel ways. Take, for instance, Waymark. Delivering AI-built, customized TV advertisements for businesses, Waymark is democratizing access to quality advertising content.
Based in Detroit, Waymark utilizes a unique blend of 13 AI models, including OpenAI’s ChatGPT, to craft 30-second video ads tailored to suit clients' needs. By harnessing AI, Waymark drastically cuts production time and costs, making their services attractive for smaller agencies on tight budgets. Using their AI software, US radio group NRG Media can now whip up video ads in just 30 minutes- a process that used to take hours.
Data labeling firm Cogito Tech is another player leveraging AI technologies. They meticulously label data or source reliable information, thereby ensuring AI systems can churn out high-quality outputs.
These firms and others reflect the growth of the AI software market, slated to be worth an estimated $50 billion this year. However, the full-scale adoption of AI is still a few years away, restricting its potential benefits to early adopters like Waymark and Cogito Tech.
Growth, innovation, and exploration of the AI domain continue, paving the way for unmatched business efficiencies. But tell us, readers, how long will it take for AI to become commonplace in most organizations?
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