What are the benefits and risks of implementing generative AI in your business? Read the article and see if it fits your needs.

As the number of generative AI tools continues to proliferate, companies must determine the risks and rewards of using the technology as well as design a framework for implementation 

When it comes to generative artificial intelligence (GAI), there is no going back. The genie is out of the bottle and companies must now grapple with a number of big questions. For example, what guardrails should be put in place for employees looking to take advantage of AI’s tremendous potential? Do the risks associated with the emerging technology outweigh the benefits? Is there a way for humans and machines to co-exist in a mutually beneficial relationship? 

GAI is different from what many people think of when it comes to AI. Instead of the human-like robots that are often portrayed in movies and the media, generative AI is a form of machine learning that can produce content – including audio, code, images, text, simulations, and videos – more quickly than humans can on their own. Which makes their use enticing.

According to an April 2023 Gartner report, 82% of organizations are currently planning to issue some guidance on the use of generative AI tools, like ChatGPT. However, standing in the way is an insufficient framework for implementation. This has increased the urgency for guidance, training, and education that can greatly reduce the fear, anxiety, and perceived risks associated with generative AI.   

“We can’t underreact or overreact,” Frank Post, CISO at the Ontario Pension Board. “This is truly the beginnings of humans and machines working in a much tighter collaboration than we ever imagined possible.”

To know More This Article: https://ai-techpark.com/navigating-the-future-of-generative-ai/

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