The introduction of ChatGPT in late 2022 revolutionized the way we interact with information online. Suddenly, individuals could engage in meaningful conversations with an AI chatbot, asking questions in natural language and receiving remarkably human-like responses. This innovation has compelled tech giants like Google, Meta, Microsoft, and Apple to hastily incorporate AI technologies into their offerings, marking a significant shift in the digital landscape.

Yet, AI chatbots like ChatGPT and generative models are merely one facet of an expansive AI ecosystem. The broader implications of generative AI are poised to reshape global economies dramatically, with potential contributions reaching a staggering $4.4 trillion annually, as projected by the McKinsey Global Institute. This indicates a future where artificial intelligence is not just a tool but a transformative force in various industries.

As AI permeates every corner of technology — from Google's Gemini to Microsoft's Copilot, and beyond — new terminologies are emerging. This evolving AI lexicon isn't just for the tech-savvy; knowing these terms can help you sound informed during casual conversations or impress prospective employers. Below is an updated glossary of essential AI terms that everyone should be familiar with.

1. Artificial General Intelligence (AGI):