Generative AI could transform work; boosting productivity and democratising innovation

September 29, 2023

But it also could destroy jobs, undermine democracy and widen inequalities and the divisions wi,thin our society and between countries. Generative AI will fuel significant growth across supply chains, led by greater demand for computing resources, networking, and memory chips. The open-source community is likely to be a key driver of innovation in this layer, which encompasses all types of models facilitating Generative AI. Generative AI is expected to represent a step forward from ongoing AI/automation initiatives across the IT and Business Process Management services. Training Generative AI requires huge archives of images, text, and other forms of input, throwing up potential legal risks including intellectual property (IP) infringement.

The source of this news is from University of Oxford