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Navigating Risks and Regulations in Generative AI Evolution
This chapter explores the rapid evolution of Generative AI and the associated risks, highlighting varying client attitudes towards Gen AI. It emphasizes the need for regulatory frameworks, control structures, and public sector involvement to address challenges like deep fakes, data privacy, and cybersecurity. The discussion covers differences in risk landscapes compared to other AI advancements, the importance of transparency, explainability, and human oversight, and considerations for managing risks associated with generative AI models.