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Costs: 1. Generative AI: Generative AI involves the use of machine learning algorithms to create new data. The costs associated with implementing Generative AI would include training staff on machine learning techniques, acquiring high-quality datasets, and investing in computing resources for running
Market Potential: Based on the information provided, it is clear that a number of innovative technologies and advancements are shaping the market landscape. Here is an assessment of the market potential and viability of the highlighted ideas:
1. Generative AI: Generative AI has significant market