How AI can usher in an economy that puts people first

How AI can usher in an economy that puts people first February 1, 2024 Authored: By Navin Chaddha Published: World Economic Forum Summary: The article emphasizes the transformative impact of artificial intelligence (AI) on business and the economy, highlighting both its potential benefits and challenges. It stresses the importance of responsible innovation, trust, safety, and […]

3 ways to use AI right now to get ahead

3 ways to use AI right now to get ahead September 25, 2023 Authored: By Ashton Jackson Published: CNBC Summary: idelity Investments, recommends using ChatGPT in a professional context to enhance productivity and creativity. ChatGPT can generate templates for tasks like creating presentations, making brainstorming easier. It also allows users to ask “dumb questions” without […]

The Huge Power and Potential Danger of AI-Generated Code

Will Knight – WIRED Magazine

GitHub’s report on AI coding assistant Copilot reveals that users accepted the AI’s suggestions about 30% of the time, indicating its ability to predict useful code. AI-enhanced coders saw productivity increase over time, with the greatest gains observed among less experienced developers. However, a study by Stanford University found that programmers using code-generating AI assistants tended to include more bugs in their final code, leading to concerns about overreliance on automation and potential issues in AI-generated code. Regulators and lawmakers should consider the subtler impacts of AI deployments on software quality.

Generative AI’s Impact on Learning and Development

Jen Dewar – Linkedin

Generative Artificial Intelligence (GAI) is gaining popularity rapidly and is expected to have a transformative impact on workplace learning programs. GAI can be used for content creation, adaptive development plans, learning program communication, knowledge discovery, skills gap analysis, and succession planning. The benefits include higher productivity, creativity, and better decision-making. However, incorporating GAI requires careful consideration of accuracy, ethics, and confidentiality issues. Creating guidelines and policies for responsible use is essential to harnessing the potential of GAI in the learning and development space. Embracing GAI now can help organizations future-proof their workforce and stay ahead in the evolving world of work.

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.