Though both are the sub-fields of Artificial Intelligence, Generative AI and Predictive AI are fundamentally different which you must be aware of in your AI career. The infographic below shows the major difference between both these powerful technologies.
To get an overview, let us explain what each of these means at their cores.
Generative AI
They are the modern-day magicians who can create new and unique content like images, texts, audio, and videos, from user prompts. Generative AI uses machine learning algorithms to analyze past data and patterns and employs its own knowledge to generate entirely new and original content. In the last couple of years, this technology has gained huge popularity and attracted several investors. By 2027, the Generative AI market is expected to reach around $11.2 billion (Stanford University)
Predictive AI
On the other hand, predictive AI is the technology used to forecast future outcomes based on the analysis of historical data. From product recommendations to stock market trends, it helps businesses make informed and DDDM. According to Market.us, the predictive AI market is expected to reach $108 billion by 2033 at a CAGR of 21.9%.
Both these technologies are growing rapidly and have got huge applications across industries. Check out the detailed infographic below differentiating them on the basis of their architecture, complexity, benefits, limitations, etc.
