What AI Can Actually Do Today

By Everett Frank, Co-founder SnapChip

SOURCE: DigiSource Blog

After a year spent deep in the weeds understanding and programming AI for electronic component sourcing, I’ve recently emerged to witness the onslaught of marketing hype about AI – and boy is there a lot of hype.

Here is an outline of a paper we put together to explain how you can use this technology with a focus on electronic components.

I’ll approach this by describing the most popular types of AI available today in ascending order of what they can really do. Note I will not mention Generative AI, GenAI, GAI, or Conversational AI. That’s because these are terms that describe a use of AI, not the technology itself.

Table of Contents

1. Key Concepts
2. What ChatGPT can do
   1. Anonymous version
   2. Free account version
3. What ChatGPT+ can do
4. What OpenAI API can do
   1. The back end
      1. About Context
      2. Loading & Splitting
      3. Indexing
      4. Retriever 
      5. Data enrichment
   2. The front end
   3. Use Cases
      1. #1 – Knowledge Retrieval
      2. #2 – Data Transformation
      3. #3 – Democratization
5. What to do right now