How Information Management is Changing With New Generative AI Tools Generative AI tools are transforming the way businesses manage and synthesize data. These tools enable businesses to gain insights from massive volumes of data quickly and accurately and free up staff to work on more complex tasks. Popular Gen AI Tools The following tools are used for information management: • ChatGPT • Bing AI • Notion AI Top Use Cases Some of the top use cases are: • Summarizing documents and files into easy-to-digest notes and bullet points. • Automating the creation of notes from meetings. • Organizing and creating data in spreadsheets. • Creating a chatbot that has access to a knowledge base consisting of all of your data. Examples Some examples of applications are: • Bing AI offers quick and accurate summarization of PDFs or websites, making it easier to gain insights from large amounts of data. • Microsoft Teams leverages AI technology to generate intelligent meeting recaps that provide concise and organized summaries of discussion points and action items. • Notion is a powerful tool for brainstorming and summarizing data in a user- friendly way. It can help you capture and organize ideas, as well as summarize important data points for reports and presentations. Future Outlook The potential of generative AI in the field of information management is vast. With the ability to synthesize data quickly and accurately, businesses can focus on creating value from their data rather than managing it. In the future, Generative AI tools will continue to transform the field of information management. Predictions for Generative AI in the coming year are: • Chatbots will be able to comprehend all of a company's data, including internal documents, notes, spreadsheets, and meeting transcripts. Gen AI: Revolutionizing the Way Enterprises Work 13