The Impact and Challenges of Generative AI

This chapter explores the conversation surrounding generative AI, including its positive aspects and potential problems. It discusses the impact of generative AI on AI overall and highlights the confusion and benefits it has brought. The chapter also delves into the challenges of implementing and scaling AI across organizations, including the need for AI literacy and digital literacy. Additionally, it discusses the changing perspective of companies towards risk management in the context of generative AI and emphasizes the importance of managing risks rather than trying to control them. Lastly, it focuses on the importance of companies having a strategy and internal engagement policy around gender to AI, as well as the challenges and considerations in building with generative AI.