Generative Artificial Intelligence (AI)

Recent developments in artificial intelligence technologies are forcing us to reimagine how we engage with the world around us. Experts in digital technologies and data privacy have been keeping up with the latest AI developments, and many, like Latanya Sweeney, have noticed that the introduction of ChatGPT may signal a major shift in how we engage with the internet, each other, and the world.

Key takeaways:
- Generative AI tools reduce the money and time needed for content creation, boosting productivity and profitability.
- However, they could also lead to copyright infringement and increase data security risks.
- Overall, J.P. Morgan Research estimates generative AI could increase global GDP by $7–10 trillion, or by as much as 10%.
- The technology could result in a massive workforce productivity boom over the next one to three years, which could affect the shape of the economic cycle.

While some LLMs are more recognizable than others, there are quite a few options available. Here is an incomplete list of LLMs you may want to investigate.

While artificial intelligence has many benefits, there are also drawbacks. The benefits of AI include efficiency through task automation, data analysis for informed decisions, assistance in medical diagnosis, and the advancement of autonomous vehicles. The drawbacks of AI include job displacement, ethical concerns about bias and privacy, security risks from hacking, a lack of human-like creativity and empathy.

Some of the hottest applications of AI include the development of autonomous vehicles, facial recognition software, virtual assistants like Amazon’s AMZN +0.2% Alexa and Apple’s AAPL -1.9% Siri and a huge array of industrial applications in all industries from farming to gaming to healthcare.

Artificial intelligence (AI) technology has advanced tremendously in recent years, and users’ needs for and dependence on it are increasing. AI-powered chatbots such as ChatGPT are a common tool used frequently in professional fields and learning environments. However, certain institutions have prohibited use of AI-powered chatbots. In my institution, students are not allowed to use ChatGPT, especially for assignments or exams.

Does generative AI violate copyright law?