The usage of generative AI guarantees to proceed rising quickly. Due to this fact, leaders should perceive the dangers and challenges of this new expertise and develop insurance policies and practices to information its use. This text explains the areas of concern and gives steerage for addressing them.
The fast rise in generative AI, together with massive language fashions (LLMs) e.g OpenAI’s ChatGPT/GPT-4, creates new regulatory dangers and challenges for companies. Though it’s nonetheless early days, firms can’t afford to delay creating insurance policies and practices round using these applied sciences.