The impact of generative technologies on industries – a disruptive force
As ChatGPT and Generative AI models continue to evolve, their capabilities are undoubtedly transforming industries in once unimaginable ways. On the one hand, the integration of these technologies has the potential to significantly enhance productivity and drive economic growth. By automating time-consuming tasks, Generative AI can free up human workers to focus on more creative, strategic, and value-added activities. Moreover, AI-driven tools can augment human capabilities, enabling professionals to make more informed decisions and generate novel ideas.
There are already some examples of enterprises that are embedding Generative AI within their core businesses:
- Morgan Stanley, a leading wealth management firm, has been working to improve access to its extensive content library by utilizing OpenAI’s GPT-4 technology (https://openai.com/customer-stories/morgan-stanley). The company has...