A large language model. like ChatGPT, is a type of AI that uses probabilities to produce text such as poems, plays, essays, etc. Large language models make it possible to have human-like conversations with a chatbot. It can create large or small bosides of text, lists, lyrics, and/or answer questions you ask of it.
Predictive vs Generative AI:
Generative and Predictive AI are two different approaches to AI with different applications and purposes.
Generative AI creates new content like images and text. Generative AI is considered to be creative, like a poet or artist, and can be used to create mew information (images/text), uncover patterns in data, or develop text.
Predictive AI, on the other hand, reviews historic datato make predictions about the future.It can also validate data accuracy and completeness, and ensure data relevance and integrity. Because it can be used to make predictions or forecasts, it can help drive decisions.