GenAI Tip: Empowering Your Team in the World of Generative AI

Written by Capria Value-Add
October 11, 2023

The internet is flooded with a plethora of training materials, webinars, and news updates on Generative AI. While this wealth of resources is exciting, it can also overwhelm individuals. At Capria, we understand this challenge and have devised a custom GenAI curriculum to help our team and portfolio companies navigate this dynamic landscape effectively.

Capria - How to Use ChatGPT A Guide for Small Businesses

1. Terminology:

A strong foundation in terminology is crucial for anyone looking to dive into Generative AI. We ensured that our entire team was well-versed in basic terms related to GenAI. We recommend a fantastic resource to get started: the “Essentials in Generative AI” LinkedIn Course. Post-training, we made learning fun by challenging team members with a pop quiz, encouraging them to describe GenAI terms using creative metaphors to reinforce their understanding and foster a sense of engagement and camaraderie.

2. Prompting:

Using AI chatbots effectively is a skill that can significantly increase productivity. We provided our team with best practices and tips for prompting AI chatbots, helping them discern when to employ various chatbots like ChatGPT, Bing, and others in different situations. To kickstart your learning journey, we recommend this Youtube Video that, while centered on healthcare, offers universally applicable insights into AI chatbot prompting techniques. Understanding how to harness the power of AI chatbots is a valuable asset for any team.

3. Data Privacy:

An essential cornerstone of our GenAI training was emphasizing the critical importance of data privacy. We instilled a golden rule: If it’s confidential, it doesn’t go into ChatGPT or any other AI tool. Data breaches are not something any company wants to experience, and a strong focus on data privacy is a protective measure for your organization and your customers. It’s a principle we’ve embraced, and we encourage you to do the same. After all, no one wants to be the next headline for data breaches.

Concentrating on these three pivotal areas – Terminology, Effective Prompting, and Data Privacy – can provide your team with a solid foundation for their continuous learning journey in this fast-evolving era of Generative AI. Through this update, we aim to equip your teams with the knowledge and skills they need to leverage GenAI effectively, making it an asset rather than a source of overwhelm.

In our next update, we’ll be sharing insights into how we’re enabling our investment team to collaborate effectively with our portfolio and pipeline companies on GenAI risks and opportunities. Stay tuned for more valuable GenAI knowledge, tools, and news!

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Unitus Ventures is now Capria India

Unitus Ventures, a leading venture capital firm in India, is joining forces with its US affiliate Capria Ventures, a Global South specialist, to operate with a unified global strategy under a single brand, Capria Ventures.