Chapter 4: Reflections and Future Trends Generative is growing exponentially. According to Steph Smith, host of the A16Z podcast, just three years ago, primitive AI art made up of a collage of shapes was considered remarkable. However, today, we have access to a wide range of powerful Generative AI tools, including ChatGPT, DALL-E 2, Stable Diffusion, and MidJourney, that enable people to create incredible and distinctive works of art, among other things. As a result, people's attitudes have changed, and they are already adjusting to thinking it’s normal. Nonetheless, these developments represent an enormous breakthrough, and we are witnessing the emergence of a new era in which Generative AI is playing an increasingly important role. Marc Andreessen recently highlighted Bing AI's advancements as a significant milestone. Despite being factually incorrect and ethically concerning, Bing AI demonstrated creativity, something that AI researchers had only imagined for the past 30 years. As Generative AI continues to develop, ethical considerations surrounding AI and bias will be significant points of debate in the next decade. Despite these concerns, we remain optimistic that AI will ultimately be a force for good. “AI-powered content generation is transforming the way businesses create and distribute content. This is only the beginning. I think we'll start to see industries be disrupted and category leaders beat out by AI-first companies if they don’t adapt to this type of workflow from the ground up." Taizo Son CEO, Mistletoe Generative AI for good in Healthcare and Pharma Gartner predicts that “By 2025, more than 30% of new drugs and materials will be systematically discovered using generative AI techniques, up from zero today.” Gen AI: Revolutionizing the Way Enterprises Work 29