Why we should all be rooting for boring AI
Why we should all be rooting for boring AI August 22, 2023 Authored: Melissa Heikkilä Published: MIT Technology Review Summary: The article discusses the ethical complexities of using AI in warfare. It highlights the lack of rules and accountability for AI failures in conflict situations. The US Department of Defense’s move to implement Generative AI […]
The Economic Potential of Generative AI: The Next Productivity Frontier
Michael Chui – McKinsey & Company
Generative AI has the potential to add trillions of dollars in value to the global economy, with estimates of $2.6 trillion to $4.4 trillion annually across various use cases. It can significantly impact customer operations, marketing and sales, software engineering, and R&D, and will have wide-ranging effects across different industries. However, the technology will require investments in worker support and skills development to ensure successful integration and maximize productivity gains. Addressing ethical and security risks associated with generative AI is crucial to unlocking its full potential. Companies and leaders must act swiftly to harness the benefits while managing the risks.