If you’re planning to use AI in your business, be careful
Artificial intelligence is set to affect nearly 40% of all jobs, according to a new analysis by the International Monetary Fund (IMF).
While that might sound like good news in terms of reducing your overheads, particularly payroll costs, there is a downside to using AI.
The IMF warns “The technology is facing increased regulation around the world. Last month, European Union officials reached a provisional deal on the world’s first comprehensive laws to regulate the use of AI.”
Generative AI is, put simply, AI that can quickly create new content, be it words, images, music or videos. And it can take an idea from one example, and apply it to an entirely different situation.
This has already led to court cases for copyright infringement as it is not possible to establish where the information generated has come from, usually multiple sources.
Ben Wood, chief analyst at CCS Insight, says: “regulation and legal battles might cool off the current mania for generative AI.”
