University of Alabama MIS 200 Exam 1 Study Guide
What is GenAI?
An algorithmic data processing and learning model designed to be able to dynamically create original content
Big Data
An extremley large and complex data set characterized as being of high volume, variety, and velocity
What is the emergence of the digital world?
An umbrella term for modern society, which uses countless electronic devices and software platforms
Information privacy
Concerned with what information an individual should have to reveal to others
Gen AI Limitations
Does not "think" only predicts No internal state representation of the world Dependent on the data it was trained on
What are some of the impacts of the emergence of the digital world?
Drastically changed the way that people interact with each other by digitizing communcation and enabling instant communication across the world
GenAI Capabilities
Generate/brainstorm ideas Summarize research Translate Organize disparte ideas, etc.
Ethical Code of Conduct
Is it legal Is it ethical Does it make business sense
Information
Processed and formatted to be made meaningful
Data
Raw Facts unformatted no real meaning
Knowledge Worker
Synthesize knowledge as a fundamental part of their jobs Typically undergo several years of formal training to master current information, learn to access new inforation, and apply knowledge to solve complex problems
What are some popular GenAI tools?
Text: ChatGPT Eden AI Image: Midjourney Dall-E Video: Fliki Descript
Digital Divide
The advantage those with access to information systems have compared to those without access
Digital Density
The number of people and objects that are connected to one another
How does GenAI work?
Using neural networks, an algorithim, that can scan huge amounts of data, analyze it, and identify patterns within it
Outsourcing, (What, why, and why not)
When labor/workers who live in another country are hired to do work in another. Reduces cost, access to talent not accessible onshore, increaded availability of internal resources, increase in process efficiencies Geo-economic challenges, cultural differences, time difference
Internet of Things (IoT)
a network of a broad range of physical objects that can automatically share data over the internet
Token
chunks of text into which a given input or output is divided.
Knowledge
information presented in a way to understand, make decisions, and predict
Embeddings
numerical representations of text that capture the semantic and syntactic meaning of words, sentences, paragraphs, and even longer texts They are analyzed to understand the prompt and create relational links
