How are AI tools transforming digital commerce? Crasman monitors it live

How are AI tools transforming digital commerce? Crasman monitors it live

Over the past year, the rapid pace of development in AI tools has exceeded many expectations. Information about changes is received even daily. Therefore, Crasman is initiating continuous monitoring, extracting key aspects related to digital commerce from the flood of news.

What do AI, machine learning, and language models mean?

Before embarking on broader monitoring, it is necessary to clarify a few key concepts and what we mean by them:

Artificial Intelligence (AI) is a broader concept that encompasses systems attempting to mimic human intelligence in various ways. 

Machine Learning (ML) is a part of AI and refers to the ability of computer systems to learn from experience without explicit programming. A machine learning model can, for instance, specialize in recognizing objects in images and classifying files accordingly. 

Language Models (NLP) are specific applications of machine learning focused on understanding and processing natural language. GPT models (GPT-3 and GPT-4) are language models, and a text-based interface named ChatGPT has been developed for them.

Machine learning and language models utilize data

Systems based on machine learning are not programmed for a specific task; they learn from experience and the data presented to them. Data may include text, images, videos, programming languages, or numerical data. 

Machine learning uses various algorithms and techniques, such as neural networks and decision trees. These enable systems to learn to recognize images, process natural language, or make various predictions.

A language model is a specialized application of machine learning focused on understanding and generating natural language. NLP systems often use deep learning and other machine learning techniques to identify language structures, vocabulary, and context.

AI will also become a part of digital commerce

All three concepts are related to systems' ability to learn and perform tasks, but they have different target areas. AI is a broader concept that includes all systems attempting to mimic human intelligence. Machine learning is a part of AI and focuses on systems' ability to learn from experience. Language models are specialized applications of machine learning focusing on processing natural language.

How do language models, machine learning, and broadly AI transform digital commerce? This is what we will explore more closely as part of the live monitoring now starting.

The blog illustration is generated using the Midjourney AI image generator from a text description created by Crasman.

Crasman Ltd

9 May 2023