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KnowledgeCity

Understanding Generative AI and Its Business Applications

Unlock business innovation using the creative power of generative AI
Preview the first lesson free — get full access to all 7 lessons.
Course: On-Demand
Advanced Provider KnowledgeCity  7 Lessons ·  20m  in Arabic, English, Spanish 

Course Description

In this Understanding Generative AI and Its Business Applications course, you’ll learn how this powerful tool goes beyond traditional AI to create new content and solve complex business challenges. You’ll start by understanding what makes generative AI different, including how it produces original content like images, text, and software code based on learned data patterns.

Then, this course will acquaint you with the three major generative AI model types—GANs, VAEs, and Transformers. You’ll also explore how they’re used in fields like healthcare, finance, and marketing with the aid of practical examples. As you study these capabilities, you’ll also examine the risks of opting for generative AI, including bias, security gaps, and implementation issues.

By the end of this course, you’ll understand how to identify opportunities for generative AI in your organization and how to use it responsibly to support business growth and innovation.

What You'll Learn

  • Recognize how generative AI functions and how it differs from traditional AI tools
  • Identify GANs, VAEs, and Transformer models and explain their unique capabilities
  • Examine how generative AI supports use cases across business sectors such as healthcare, finance, and marketing
  • Assess common risks, including bias, data misuse, security gaps, and technical limitations
  • Apply generative AI concepts to improve business processes and strategies
  • Identify opportunities to use generative AI responsibly to support business growth and innovation

Key Takeaways

  • Generative AI goes beyond traditional AI by creating new content such as images, text, and software code based on learned data patterns.
  • The course covers three major generative AI model types: GANs, VAEs, and Transformers, each with unique capabilities.
  • Generative AI is applied in fields like healthcare, finance, and marketing, illustrated through practical examples.
  • Adopting generative AI carries risks including bias, security gaps, and implementation issues that should be assessed.
  • Learners finish able to identify generative AI opportunities in their organization and use it responsibly to support business growth and innovation.

Frequently Asked Questions

What will I learn in this course?

You will learn how generative AI differs from traditional AI, how it produces original content like images, text, and software code, the three major model types (GANs, VAEs, and Transformers), how generative AI is used in fields like healthcare, finance, and marketing, and how to assess its risks and apply it to business processes.

Which generative AI models does the course cover?

The course covers three major generative AI model types: GANs, VAEs, and Transformers, and explains their unique capabilities.

What risks of generative AI does the course address?

The course examines risks of opting for generative AI, including bias, security gaps, data misuse, and implementation or technical limitations.

What skills does this course build?

It builds skills in Business Operations, Generative Artificial Intelligence, and Probabilistic Risk Assessments.

How is the course structured?

The course includes lessons such as Introduction to Generative AI, Types of Generative AI Models, Industry Applications of Generative AI, and Navigating Generative AI Challenges and Real-World Business Impacts, along with Test Your Knowledge checks.

Professional Certifications and Continuing Education Units (CEUs)

Project Management Institute (PMI®)

Professional Development Units (PDUs): 0.5

Certification Program Categories:
Ways of WorkingPower SkillsBusiness Acumen

KnowledgeCity has been reviewed and approved by the PMI® Authorized Training Partner Program. Users can maintain your PMI credentials by earning PDUs from KnowledgeCity qualified courses in Project Management, Business Management, Leadership and many others.

Society for Human Resource Management (SHRM®)

Professional Development Credits (PDCs): 0.5

Certification Program Categories:
Leadership & NavigationBusiness AcumenConsultationGlobal MindsetEthical PracticeRelationship ManagementAnalytical AptitudeCommunicationDiversity, Equity & Inclusion

KnowledgeCity is approved by SHRM as a Recertification General Provider to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). By taking the courses approved by SHRM, KnowledgeCity can award SHRM Professional Development Credits (PDCs) for HR knowledge and competency programs related to the SHRM Body of Applied Skills and Knowledge™ (the SHRM BASK™).