The ChatGPT wave has been ceaseless on the internet since its launch at the end of last year. What is unknown to most individuals is that the incredible capabilities it unleashes are based on its underlying architecture 一 Generative AI or large pre-trained transformer language models (LLMs).
It isn’t that Generative AI is new to the world of artificial intelligence practitioners or enterprise leaders. Until recently, language models had a pretty limited use case in the enterprise due to the data capacity they are trained on.
Contrary to that, OpenAI’s ChatGPT is trained on the entire internet data, while the GPT-3 version comprises nearly 45 terabytes of data. What it means is that whatever input prompts large language models receive, they can generate just about anything. Generative AI thus changes the outlook of CEOs towards LLMs and their endless possibilities to drive transformation in business outcomes.
As per BCG’s “The CEO’s Roadmap on Generative AI,” ChatGPT fueled CEO interest in Generative AI, which has been growing since Q4 2022.
Generative AI will soon become an industry norm, owing to its vast versatility in accomplishing work.
It is imperative to dive deep to uncover the potential of Generative AI in driving real-world enterprise-wide use cases and harnessing untapped opportunities.
When we say this, it significantly pinpoints how effectively businesses can apply a wide range of industry use cases of Generative AI, which include but are not limited to healthcare or life sciences, manufacturing, IT, eCommerce, banking, or Fintech.
The bigger picture is that Generative AI has a broader perspective, allowing it to expand what is being practiced today and reimagine business processes efficiently across these industries.
One crucial thing to note is that every business lives on elevated customer and employee experience for business success.
Generative AI aligns with these business objectives by leveling up ESM or ITSM capabilities through hyper-automation solutions.
Let us continue to uncover the potential of Generative AI for enterprise leaders.
Generative AI is a subset of Artificial Intelligence that applies Machine Learning (ML) or AI algorithms to the trained data to generate new content. Generative AI comprehends human inputs to produce human-like responses or content in natural language processing in text, image, and audio.
Generative AI uses AI algorithms to create new data similar to training data.
For example, if a GenAI model is trained with data containing an article format, the model can generate similar content when asked using an NLP query.
This means that GenAI learns the training data patterns and creates content based on or similar to them. For example, if you have an email format as training data, it can generate emails for marketing projects when asked.
As the name suggests, in the most basic form, Generative AI is an acronym for Generative Artificial Intelligence.
It means it is an AI model built on a pre-trained LLM transformer, which processes input prompts across datasets, recognizing the intent of prompts to generate original and innovative outputs in the form of texts, images, voice, or videos.
At its core, Generative AI encompasses deep machine learning, such as generative adversarial networks (GANs), to generate new output forms.
Some popular Generative AI models include,
Traditional AI models use ML algorithms prepared by researchers or company data engineers. They adhere to the set of instructions and can perform what they are trained for. They are widely used for data-driven decisions.
On the other hand, Generative AI is fed on a massive amount of text or internet data, so it is a text-based machine learning model that is independent and can predict what the next sequence may look like based on input prompts.
If CEOs need to evaluate the capacity of Generative AI given Conversational AI (CAI) capabilities, the former may upset their expectations.
Generative AI is more of a platform for content generation and not to solve a problem that users or customers want to solve in real time in a one-to-one conversation window. Instead, it can answer any prompts similar to how humans can detect a user intent by synthesizing natural languages. As a result, unless GenAI is trained with business-specific processes and given access to conversational AI, users are less likely to provide real-time solutions to their customers or employees.
However, the expanded use cases of Generative AI-based content generation are significant for every specific business function. What it does follows below:
CAI capabilities Generative AI lacks,
In particular, pre-trained Generative AI can act only as aquestion-and-answer-based chat interface to help end-users get answers to their questions for content generation.
As discussed at the start of this article, Generative AI incorporates deep learning properties such as machine learning, NLP, and NLU to detect user intent and answer user queries using conversational capabilities. However, the scope is limited in terms of providing users with real-time help such as,
However, its underlying data architecture can allow for changes to the data layers for domain-specific tasks, simplify integrations with conversational AI models or virtual assistants, and help facilitate unique problem-solving contextually.
However, foundation or open-source models can be used for domain-specific use cases through comprehensive customization. In contrast, API-layered features or semi-source models can be finetuned to implement use cases.
Its ability to aid text-based content generation using LLMs helps companies multiply enterprise-wide use case optimization. With that, Generative AI or GAI can boost content generation with text-based input prompts, such as
Based on these facts, companies need to evaluate GAI so as to apply it to specific business use cases.
~88% of software developers surveyed confirmed an increase in productivity when using a generative AI code assistant
Just as software developers can increase their coding ability and performance, a wide variety of roles across enterprises can boost their productivity using Generative AI.
“Everyone is actively assessing where they can fit this in the stack (generative AI). If you don’t have this capability in two years, you are not going to be standing up in feature functionality.”
- Will McKeon-White, an analyst with Forrester
So, now is the time to act.
Generative AI has more than just content generation capabilities. Summarization, classification, review, or semantic search are outstanding features of LLMs or Generative AI to help enterprise leaders apply them to thousands of use cases across their business processes. Let’s have a rundown on the following GenAI use cases that are significant for enterprise processes and driving success.
Let’s know enterprise Generative AI use cases that are significant for enterprise processes and driving success.
Why do we call it intuitive or user-friendly customer support?
Generative AI makes understanding user inputs less hard work and more flexible for service desk agents and customers to interact in a frictionless manner to deliver and gain help.
Customer support is incomplete without the integration of chatbots. Generative AI-powered chatbots layered with conversational AI capabilities can enhance multiple existing manual processes such as,
An LLM-powered classifier model demonstrates a solid understanding of human language, which helps improve sentiment or intent classification, routes the service request to the right person at the service desk, and accelerates problem resolution.
A chatbot that ingests large language models inside it gains the demonstrated ability to apply classification functionalities and help improve understanding of what customers want, even if user inputs are vague or inappropriate.
For example, if a customer asks for the menu for a specific Holiday, an LLM-powered chatbot can easily understand user intent and surface a special menu for that occasion.
Another example is quite relevant in terms of allowing agents to understand user’s sentiments and converse in a way that helps deliver a pleasant experience to the customers.
Say a customer comes up and asks for refund details. By using intent classification, a chatbot can route the call to the refund department and provide real-time updates.
A reimagined customer support is self-service enabled that can reduce time for request handling and eliminate vagueness and focus on enriched customer support and of course an integral tool for every industry leader to take advantage of hyperautomation and personalization.
Note: The similar capability of Generative AI that augments customer experience can be used to improve internal resolution of service requests or IT helpdesk issues.
Generative Pre-trained models provide a powerful use case to reduce time to write codes and implement them faster to engineer a software application or build an application.
Generally, it takes several iterations to write a code, make improvements to the code, look for bug via QA test, review and implement change again, and then implement it in the live environment. The manual code generation can be error-prone and lead to several months of time for a proper product to arrive.
But, an LLM-powered code generation tool can come in handy in several ways.
It is the fastest way to create new software application with the rapid delivery of code review, QA tests, and implementation all powered by LLM.
However, human oversight is always desirable to avoid costly mistakes or financial losses later.
For example, ̌OpenAI's codex, GitHub’s Copilot, and Deepmind's AlphaCode can generate code using problems expressed in human language.
The best thing is that they are commercially available for users. Well, enterprise can also build their own custom models to keep corporate data safe and private.
Workplace information search has never been quite comfortable for employees. AI-powered knowledge search can expand and work faster when combined with generative pre-trained search functionality.
An LLM-powered knowledge search model can augment the search experience for employees by providing the right search results in the form of documents or resources with the proper citation or resource for the truthfulness of the document and help employees get their work done seamlessly.
Semantic search capability provides workplaces with enhanced search performance, which easily deciphers search intent and breakdown the input in embeddings or vector search, and provide the right information.
The flexibility with semantic knowledge search is that an LLM-powered chatbot does not surface a few links. Instead, it provides the right document sources, which are apt and accurate.
Marketing and sales or media houses constantly need massive content for promotional activity, client communications, or brand awareness programs across various digital platforms.
As discussed at the start, the content generation use case allows users to create anything they want. Content materials can include,
Not only can enterprise leaders apply this use case for their digital marketing operations, but it is also effective for creating entertainment content, such as movie scripts, ad copies, etc.
Downtime is always a very unpleasant experience for enterprise leaders.
Generative AI models, when given access to enterprise proprietary data to train with historical incident data or learn from current incidents or actions, enterprises can quickly gain the ability to build a prediction model for their service desk platforms or ticketing systems.
As a result, an LLM-powered prediction model makes it effortless for service desk agents to receive the proper incident notifications ahead of time, triage the ticket accurately, and assign the right person to handle the incident before it could unleash uncontrollable impacts and create downtime for a long time.
Experimenting manually takes years for new product development and design. Generative AI proposes new product development and design concepts with fewer efforts and iterations.
It helps enterprises develop new product designs and development ideas in multiple versions and allows for rapid development in a short period. It is way ahead of traditional design and development ideas, offering more possibilities to design and development and streamlining manual processes.
Many industries can take advantage of this use case from Generative AI.
Generative AI has an embedded capability to train based on unsupervised learning and self-learning. As a result, GenAI can allow leaders to access its massive, contextual datasets, making it easy to prepare more advanced data visualization or analytics representations to help improve performance hurdles and ramp up existing business processes.
Enterprise service management is a broad area that needs operational resilience across all branches, i.e., IT operations, Finance, HR, Marketing, and Supply Chain.
Based on the capability of Generative AI in content management, CEOs or enterprise leaders can harness knowledge management and implement governance to drive better operational efficiency through conversational AI platforms.
Enterprises depend on internal knowledge base management to keep their employees and customers educated and informed of their product offerings and the right utilization of these services. But to maintain a knowledge base and keep it up to date with the company policy and ever-changing business ecosystem.
However, creating and maintaining structured knowledge bases is challenging for subject matter experts and leaders. Generative AI can help by doing the heavy lifting.
As per research, generating near-accurate and effective knowledge-based content is much easier if you can fine-tune and customize LLMs with internal company data or text-based knowledge. It just requires you to input prompts like questions and company data.
Your IT, finance, marketing, supply chain, and HR can easily take advantage of these knowledge bases when you integrate them directly within your enterprise chatbot or pull up knowledge bases directly within your business comms channels through integration with conversational AI platforms.
For example, financial services can use generative AI to fine-tune their wealth management resources and deliver personalized consultation services to their clients.
Conversational AI needs pre-trained conversation flows to provide human-like interactions with users. To make conversations effective and useful for users, the conversation dialogs must predict the next sequence of queries and thus provide a suggestion.
Being a labor-intensive activity for dialog creators, large language models or generative AI can help alleviate effort and accelerate content generation for engineers or developers using prompts such as keywords or historical datasets.
As you create your chatbot dialog, it rapidly uses natural language processing or NLP and natural language understanding or NLP to detect intention, recognize contexts, and suggest the right response.
Marketing professionals have it easy in crafting customer-facing materials using generative AI such as,
As you tend to use Generative AI for sales and marketing campaigns, it reaps the rewards by automating a lot of manual tasks such as,
This progress helps your content creators or creative writers generate more time for R&D and develop optimized work for search engines that drive performance.
However, let’s not forget that content generated through LLMs or generative AI can throw up copyright risks for plagiarism as more and more users from similar professionals may use the tool to create content around similar contexts or scenarios.
This particular event seeks specialized supervision from subject matter experts to avoid penalties or maintain brand integrity. Conversational AI allows your marketing team to schedule reviews for specific documents through project management or document management automation through chatbot integration inside collaboration channels like Slack or Teams.
The benefits are massive,
Generative artificial intelligence can help enterprises build their chatbots at scale. Here’s how?
Chatbot design, deployment, and success depend on NLP's effectiveness and its ability to process data at scale while helping companies improve users' understanding of natural language.
The lack of NLP data may impact the usefulness of a CAI chatbot. In such a scenario, generative AI can help enterprises create new datasets to train machine learning models and help ramp up human-like experiences through engaging, contextual, and meaningful interaction with chatbots.
Useful chat or voice conversation is critical to building and launching a conversational AI chatbot. But, designing conversations is challenging since in most cases, no proper guidelines exist for developers or engineers. This tedious process can be repetitive, manual, and expensive.
LLMs reduce the time it takes to create dialog while reducing the need to code, thus enabling a fast time to market for chatbot launches.
By looking at conversation flows, it is easier to work around conversation sentiment analysis, entity extraction, and question-and-answer patterns. Generative AI helps improve gaps in conversation performance and further enhances user engagement and interactivity.
Anything that offers many promises or possibilities will always have loopholes. Generative AI is no exception. It has some alarming limitations that require exhaustive guardrails across its application and implementation.
Generative AI is trained on sampled data and millions, if not trillions, of data. It can produce what it can detect in its database using prompt inputs but cannot apply cognitive logic in view of information credibility. In such scenarios, if anyone who is a non-expert produces content, they are unable to analyze or verify its veracity.
As a result, if the resource is faulty or misleading in the live environment, it can pose a severe risk to the enterprise's reputation.
Therefore, it needs supervision and logical reasoning before going public.
It is imperative to have human-in-the-loop or specialized or domain experts in AI to improve supervision and flag any anomaly in the training data.
GenAI lacks a proper understanding of input prompts. It relies on statistics, and LLMs do not understand what a prompt could mean. Based on semantic search, results that match the contexts of the prompts are derived. When outside the scope of LLMs or available data, it can hallucinate and surface contextual incorrect or illogical information.
For example, if a user asks the GenAI model to produce a small piece about a flying horse, it can talk about it and its associated context, which is not a reality.
It is always desirable to verify the information before you use it. If you use it for employee search or customer support, ensure you have a human-in-loop to verify the validity of a response. Or else, have a subject matter expert validate the document.
Generative AI needs massive data to be trained. Personal data is usually used inadvertently and exposed to cybercriminals to augment the business's risks further.
Strong data governance can help implement improved data policy to create and comply with the best practices while using company data in the models.
Generative AI indeed opens up immense possibilities for your enterprise, but proper guardrails to prevent ethical concerns and biases are essential.
For instance, a Generative AI model can be biased towards female users or certain communities and surface ethically unaccepted suggestions or responses that hurt sentiments or discriminate.
This is largely due to millions of instances of bias surfacing on the internet, and giving access to these data sources can augment the risks.
Data sanitization and human supervision are key to eliminating the chances of models being trained with biased data and providing a healthy environment for users to leverage Generative AI.
Generative AI is in its nascent stage. Every day, new innovations or developments occur. Enterprise leaders must stay abreast of these changes or trends to eliminate risks of bias and ethical concerns in the Generative AI space.
Every industry wants to leverage Generative's benefits in a way that gives them a competitive advantage and creates new business avenues. Many enterprise users prefer building their own custom models, while others use API-layered solutions or closed-source platforms.
The financial media or software giant Bloomberg has developed its own custom LLM model, BloombergGPT, built with 50 billion parameters of historical data to support diverse NLP tasks within the financial industry. Bloomberg aims to utilize the GPT model for sentiment analysis, news classification, etc., to help its investors and various stakeholders improve their experiences.
Instacart, the world-famous online grocery platform, uses a large language model within its knowledge search functionality on the website to improve product recommendations and help buyers accelerate their buying experience. Instacart leverages aChatGPT plug-in to optimize search performance for users and help them with specific food needs or shop products by analyzing natural language processing.
Aerated drink maker, Coca-Cola saves big on marketing costs by using GenAI-generated marketing materials for promotion and advertising activities. Cocacola brings in Midjourney to create graphics and video content for social media or advertising promotions.
One of America’s edtech enterprises, Duolingo, uses a Generative AI code generator to enhance user language learning. This tool allows developers to spend less time on code generation, reduce manual labor on routine tasks, and focus more on brain work.GitHub Copilot is their go-to code generation tool, making their developers more efficient in writing and shipping code faster to deliver quality work.
Tipalti, a leader in Accounts Payable automation, leveragesChatGPT-4 features for its AP automation tool to automate invoice processing and allow users to accomplish several other intricate accounting tasks easily, including code expenses, financial insights, and spend analytics.
Insilico Medicine has long used large language models or Generative AI for drug discovery. Now, it aims to design new molecules for cancer treatment and ramp up clinical trials with greater precision. Nvidia BioNeMo Generative AI model services are helping Insilico Medicine build a drug discovery pipeline and other applications for its future initiatives.
Workativ aims to alleviate business challenges and offer more powerful ways to improve employee experience management by developingconversational AI platforms.
With expertise in IT and HR-specific domains, Workativ helps enterprises transform business aspects by providing an agile and flexible environment for employees to thrive and grow. As we drive critical business missions through app workflow automation inside chatbots for Slack or Teams and website widgets, we ensure you drive maximum business results.
Generative AI is our next big mission: to create impacts for enterprise leaders by enabling them to apply our conversational AI chatbot for broader and unique use cases.
Leveraging LLMs or Generative AI is difficult owing to their complexities.
Workativ eliminates the need for you to opt for in-house development of Generative AI or unleash efforts to enhance the existing model. The basic model may look cheaper but cannot extend customizability. Your cost-effective and powerful choice could be harnessing a conversational AI platform powered by Generative AI.
As you ramp up enterprise service management capabilities,improve employee engagement, and enhance customer satisfaction, our conversational AI chatbots accomplish your business objectives at scale.
Above the cut, with Generative AI likely to be fed into our no-code CAI chatbots, you can expect business results that help you maximize your workforce productivity, improve employee experience, and expedite growth.
Generative AI augments accessibility to no-code chatbot infrastructure for those who do not possess technical abilities, thus removing the steep learning curve for coding. The only criterion is to know English to interact and build a convenient chatbot for your enterprise workflows.
Workativ’s virtual assistant is a no-code platform It will likely be powered by Generative AI to give all sizes of businesses an edge in operational efficiency by reducing manual processes in dialog development.
Workativ allows organizations to handle tickets at scale without involving their agents in repetitive or mundane tasks. Our app workflow automations for chatbots automate 80% of repetitive tasks. Also, it helps drive superior, personalized, and contextual support based on ticket persona/profile – and improves CSAT by 4 Points.
In addition, Generative AI embedded within our chatbot platforms is expected to augment self-service functionalities by providing appropriate suggestions through its database, which is fed withhuge knowledge base resources like IT support and HR support,among others. As a result, it could reduce MTTR rapidly.
Note: Generative AI is notorious for exposing company data or making biased statements. Workativ AI knowledge search module protects data privacy and restricts any sort of foul dialog that can encourage biased or discriminatory outcomes.
Workativ conversational AI is known to reduce call volumes by 40% in the first year. It also encourages a YoY 20% increase in call reduction.
It dramatically reduces costs for ticket handling with the probability of reducing agent utilization.
With that, the power of generative AI is likely to augment agent productivity and free their time to focus on more critical activities.
Generative AI augments the probability of auto-resolution capabilities with its outstanding word sequence predictability in advance as input prompts come in.
Based on this fact, tickets that arrive for agent support may get resolved at Tier 0 or Tier 1, accelerating the first-contact resolution rate.
Workativ is making amazing strides in reducing FCR by 90% on the first attempt. With our generative-powered conversational AI platforms, organizations can reap more rewards.
The prospects around Generative AI are immense. BCG claims the Generative AI market will reach ~$120B by 2027. The report indicates that it will unleash the massive potential for enterprise leaders.
If you want to leverage enterprise Generative AI for your employee support, Workativ can help you.
Connect today with Workativ Sales experts to explore your opportunities with conversational AI embedded with Generative AI features.
Deepa Majumder is a writer who nails the art of crafting bespoke thought leadership articles to help business leaders tap into rich insights in their journey of organization-wide digital transformation. Over the years, she has dedicatedly engaged herself in the process of continuous learning and development across business continuity management and organizational resilience.
Her pieces intricately highlight the best ways to transform employee and customer experience. When not writing, she spends time on leisure activities.