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Ethical considerations in the Generative AI era

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June 2024

Generative AI has immense potential to transform various sectors and industries by mimicking human content creation. However, there are ethical concerns surrounding its use, such as misinformation and bias.

- Arjun Prasad

Ethical considerations in the Generative AI era

To harness its benefits responsibly, there is a need for ethical practices, collaboration between AI and human workers, transparency, diversity in data, and continuous monitoring and improvement

Writing a poem and looking for creative inspiration? Understand what complex physics or cloud computing jargon means? Translate huge mounds of data into legible and logical information? All these are the key use cases for Generative AI from a layperson perspective. This ability to mimic human content is revolutionary and can be a powerful tool that essentially can transform multiple sectors and industries.

At the basic level, it has algorithms using machine learning to go through mounds of data and offer unique insights, often backed by logical arguments. In multiple sectors, the rise of these tools is changing the workspace and potentially transforming how we work, play and relax. Many believe it will help automate dull repetitive tasks and thus leave time for humans to let their creative instincts prosper and drive professional and organisational growth.

Sharpening decision making

As mentioned earlier, AI systems can analyse vast datasets, recognise patterns and predict outcomes. It will in due course help in setting business goals, and could contribute to supplementing human calls with data rich analysis quickly.

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