Feb 8, 2024 · As a corollary, generative AI may also depress the compensation of some jobs held by the most educated by automating the knowledge work that used to be their exclusive domain. Therefore, by raising the socio-economic floor while lowering the ceiling, perhaps generative AI may, over time, become the new balance wheel of society.

Feb 6, 2023 · Generative AI refers to a category of artificial intelligence (AI) algorithms that generate new outputs based on the data they have been trained on. Unlike traditional AI systems that are designed to recognize patterns and make predictions, generative AI creates new content in the form of images, text, audio, and more.

Oct 4, 2024 · How is the World Economic Forum creating guardrails for Artificial Intelligence? Show more In response to the uncertainties surrounding generative AI and the need for robust AI governance frameworks to ensure responsible and beneficial outcomes for all, the Forum’s Centre for the Fourth Industrial Revolution (C4IR) has launched the AI ...

Sep 4, 2024 · Generative artificial intelligence could contribute an estimated $4.4 trillion annually to the global economy, reshaping industries and international trade. This white paper explores how this emerging technology is transforming global trade by enhancing productivity, streamlining supply chains, and creating new opportunities for cross-border ...

Feb 28, 2024 · In the past few years, artificial intelligence has hit mainstream consciousness as generative AI writing tools like ChatGPT and Claude.ai, and image generators like Midjourney and DALL-E became better and more broadly available. And people, companies, artists, musicians and even Hollywood studios, worked out how – or how not – to work with ...

Mar 24, 2023 · The arrival of generative artificial intelligence (AI) apps like ChatGPT has been nothing short of seismic. Until just a few months ago, AI was a mysterious and obscure technology for most of us. Now millions of people are chatting with mesmerizingly powerful AI tools that use everyday language.

May 9, 2023 · Generative AI can now create written and visual content to a high standard. The arrival of creative AI tools could lead to the automation of some creative jobs. Generative AI presents opportunities for creative industries - but also carries risks. There are examples of generative AI tools “hallucinating” and fabricating information.

Oct 11, 2024 · Governments want to secure generative artificial intelligence (GenAI) innovation and economic opportunities responsibly to prevent and mitigate potential risks. Rapidly evolving GenAI, competing resource needs and a complex global policy landscape can hinder an agile response from governments.

Jan 18, 2024 · Davos-Klosters, Switzerland, 18 January 2024 – The AI Governance Alliance (AIGA) released today a series of three new reports on advanced artificial intelligence (AI). The papers focus on generative AI governance, unlocking its value and a framework for responsible AI development and deployment.

Sep 27, 2023 · Artificial intelligence already plays a crucial role in the decision-making processes of many companies and is increasingly used to inform policy and public sector decisions around the world. Supervised learning, for example, is already used by some governments to detect potential criminals and terrorists .