AI Capabilities

Traditional Predictive AI-ML is not going away and AI Capabilities & tools are evolving -

Predictive AI

• Regression & Classification 
• Forecasting
• Sentiment Analysis
• Entity Extraction
• Object Detection

Generative AI

• Text, Image & Code Generation
• Text & Code Rewriting & Formatting
• Summarization 
• Extractive Q&A
• Image & Video Descriptions

Multimodal Generative AI

• Natural Image Understanding
• Video Question Answering
• Automatic Speech Recognition & Translation
• Spatial Reasoning and Logic
• Mathematical Reasoning in Visual Contexts

Generative AI can also synthesize data to enhance a predictive model's training set to improve predictive capabilities. If the limit to a better model is more data, artificial datasets can be created that can train AI without compromising privacy or relying on scarce real-world data. 

From Current state of Generative AI

Also see: 

Generative AI for Predictive Analytics

A 15-day email course on Generative AI