Generative AI: Friend or Foe?

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Generative AI: Friend or Foe??

Generative AI has certainly taken the world by storm in recent months.?

Enabling machines to autonomously produce data resembling human-like outputs, it employs complex algorithms, often based on deep learning techniques, to learn patterns from vast datasets to generate new content. It can be deployed in various fields including healthcare, art, music, and manufacturing and although it can bring many advancements to these fields, generative AI also raises ethical concerns, as it can be used for malicious purposes like creating deepfakes or generating misinformation.?

In fact, at this very moment (July 2023) actors and writers are uniting across the world to strike over concerns about fair pay and the use of artificial intelligence in the industry. Many members of the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) believe that the use of AI and generative AI will harm the future of Hollywood and are calling for better regulations on the industry’s use of artificial intelligence.?

As well as introducing regulations and ethical standards, responsible development and usage by developers and end users alike are also essential to harnessing the potential of generative AI, but many fear we are still a long way off…?

Dive into this month’s newsletter for a closer look at some of the companies using generative AI for good as well as some of the risks associated with it.

Top Stories

Oracle Generative AI Improving Workplace Capabilities

In the wake of 甲骨文 expanding its generative AI capabilities, the company continues to find ways to assist companies and customers with its tech services?

Find out more here.

Hope and Risk: The Rise of Generative AI in Society

Philipp Pointner of Jumio Corporation discusses how AI can enable cheap misinformation and sophisticated scams and how businesses can protect themselves against risks. ?

Find out more here.

The Disruptive Rise of AI-generated Music

The surge of AI songs is prompting debates and calls for regulation in the music industry. AI is almost perfectly replicating style and sound. What now?

Find out more here.

Featured Article

Generative AI and ML Fuelling a Revolution in Data Quality

By automating and simplifying data management tasks like never before, generative AI technologies will revolutionise how organisations handle their data.

Find out more here.

Discover: The Top 10 Chief AI Officers

The Chief AI Officer is a relatively new job role, yet becoming increasingly more important as businesses invest further into AI.?

Take a look at 10 of the best trailblazers in the sector at the moment here.

Don’t Miss Out?

There’s still time to check out our June edition before our August edition launches next week! In this issue, we look at how IoT devices are enabling smart cities like Barcelona, explore how generative AI is fueling a revolution in data quality and much more…

Read our June edition here.

Conclusion

It’s fair to say that generative AI can offer creative potential in art, writing, and other fields by enhancing productivity and innovation. However, the risks of misuse, such as deepfakes, misinformation, and copyright infringement, are very much in the spotlight at the moment. For many industries, ensuring ethical standards and responsible development to mitigate this potential harm will remain a key concern for many years to come.

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